United Services Automobile Association
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 15, 2025), United Services Automobile Association reported 19 stock positions worth $962.6 million. Its top holding was iShares Core U.S. Aggregate (AGG) at 51.8% of the portfolio, followed by Victoryshares Core Intermedi (UITB, 11.8%) and Vanguard S&P 500 ETF (VOO, 11.8%). Compared with Q1 2025, it opened 1 new position, sold out of 1,052, added to 1 and reduced 14. The biggest buy was iShares Core U.S. Aggregate (AGG, shares +70%) and the biggest sale an exit from iShares MSCI Emr MRK Ex Chna (EMXC).
- Most Recent 13F
- Q2 2026
- Location
- SAN ANTONIO, TX
- CIK
- 0001021249
- Portfolio Value
- $962.6M (Q2 2025)
- SEC Filing
- 0000950123-25-008453 ↗ filed Aug 15, 2025
Holdings Value
Holdings 19 stocks · $962.6M
| AGG iShares Core U.S. Aggregate | 51.76% | 5,022,980 | $498.3M | Add +70.0% |
| UITB Victoryshares Core Intermedi | 11.84% | 2,421,191 | $114.0M | No change |
| VOO Vanguard S&P 500 ETF | 11.78% | 199,703 | $113.4M | Reduce -34.0% |
| VEU Vanguard Ftse All-World Ex-U | 8.18% | 1,171,715 | $78.8M | Reduce -1.4% |
| VXF Vanguard Extended Market ETF | 2.99% | 149,179 | $28.7M | Reduce -23.9% |
| VYM Vanguard High DVD Yield ETF | 2.99% | 215,563 | $28.7M | Reduce -0.2% |
| VCSH Vanguard S/T Corp. Bond ETF | 1.83% | 221,429 | $17.6M | Reduce -40.5% |
| TRUE Truecar Inc. | 1.57% | 7,962,245 | $15.1M | No change |
| VCIT Vanguard Int-Term Corporate | 1.54% | 178,422 | $14.8M | Reduce -50.3% |
| VCLT Vanguard Long-Term Corp. Bond | 1.49% | 189,350 | $14.4M | Reduce -50.0% |
| VXUS Vanguard Total Intl Stock | 1.29% | 180,202 | $12.5M | Reduce -45.2% |
| BND Vanguard Total Bond Market | 0.99% | 129,456 | $9.5M | Reduce -50.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.55% | 17,310 | $5.3M | Reduce -5.9% |
| IVW iShares S&P 500 Growth ETF | 0.54% | 47,166 | $5.2M | Reduce -50.0% |
| TIP iShares Tips Bond ETF | 0.28% | 24,230 | $2.7M | Reduce -43.6% |
| VIG Vanguard Dividend Apprec ETF | 0.23% | 10,867 | $2.2M | Reduce -3.2% |
| BSV Vanguard Short-Term Bond ETF | 0.14% | 16,661 | $1.3M | Reduce -95.3% |
| RANI Rani Therapeutics Holdings Class A | 0.02% | 302,743 | $156K | No change |
| IVE iShares S&P 500 Value ETF | 0.00% | 133 | $26K | New |
Portfolio Sells Q1 2025 → Q2 2025
| EMXC iShares MSCI Emr MRK Ex Chna | Sold out | 0.00% | −9.03 |
| AAPL Apple Inc. | Sold out | 0.00% | −2.34 |
| JNJ Johnson & Johnson | Sold out | 0.00% | −2.10 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −2.07 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −2.01 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −1.92 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −1.56 |
| PEP Pepsico Inc. | Sold out | 0.00% | −1.40 |
| CVX Chevron Corp. | Sold out | 0.00% | −1.35 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −1.30 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −1.14 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −1.07 |
| CNQ Canadian Natural Resources | Sold out | 0.00% | −0.90 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −0.90 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.79 |
| ADP Automatic Data Processing | Sold out | 0.00% | −0.76 |
| KMB Kimberly-Clark Corp. | Sold out | 0.00% | −0.73 |
| BSV Vanguard Short-Term Bond ETF | Reduce -95.3% | 0.14% | −0.71 |
| CL Colgate-Palmolive Co. | Sold out | 0.00% | −0.71 |
| BRK.B Berkshire Hathaway Inc. Class B | Sold out | 0.00% | −0.69 |
| LOW Lowe's Cos Inc. | Sold out | 0.00% | −0.69 |
| CAT Caterpillar Inc. | Sold out | 0.00% | −0.65 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.63 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.62 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −0.62 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.59 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.59 |
| GILD Gilead Sciences Inc. | Sold out | 0.00% | −0.57 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −0.57 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −0.55 |
| AXP American Express Co. | Sold out | 0.00% | −0.55 |
| SBUX Starbucks Corp. | Sold out | 0.00% | −0.54 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.53 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.53 |
| VLO Valero Energy Corp. | Sold out | 0.00% | −0.52 |
| COP Conocophillips | Sold out | 0.00% | −0.51 |
| MMM 3M Co. | Sold out | 0.00% | −0.50 |
| JPM JPMorgan Chase & Co. | Sold out | 0.00% | −0.49 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.42 |
| BMY Bristol-Myers Squibb Co. | Sold out | 0.00% | −0.39 |
| ITW Illinois Tool Works | Sold out | 0.00% | −0.35 |
| MA Mastercard Inc. Class A | Sold out | 0.00% | −0.32 |
| COST Costco Wholesale Corp. | Sold out | 0.00% | −0.29 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.29 |
| ABBV Abbvie Inc. | Sold out | 0.00% | −0.26 |
| YUM Yum! Brands Inc. | Sold out | 0.00% | −0.25 |
| HD Home Depot Inc. | Sold out | 0.00% | −0.25 |
| TGT Target Corp. | Sold out | 0.00% | −0.24 |
| IMO Imperial Oil Ltd. | Sold out | 0.00% | −0.22 |
| BBY Best Buy Co. Inc. | Sold out | 0.00% | −0.21 |
Portfolio Buys Q1 2025 → Q2 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 15 | $1.2B | AGG, VOO, NEAR, IVV, VXUS |
| Q1 2026 | 14 | $850.6M | AGG, VOO, NEAR, VXUS, VCSH |
| Q4 2025 | 20 | $1.6B | AGG, VOO, VEU, UITB, SPAB |
| Q3 2025 | 20 | $1.4B | AGG, VOO, UITB, VEU, VXF |
| Q2 2025 | 19 | $962.6M | AGG, UITB, VOO, VEU, VXF |
| Q1 2025 | 1,070 | $3.2B | EMXC, AGG, VOO, UITB, AAPL |
| Q4 2024 | 390 | $3.1B | AGG, VOO, AVGO, UITB, XOM |
| Q3 2024 | 380 | $3.9B | AGG, IEMG, VOO, UITB, XOM |
| Q2 2024 | 452 | $3.9B | AGG, IEMG, XOM, UITB, ABBV |
| Q1 2024 | 446 | $4.1B | AGG, IEMG, XOM, AVGO, ABBV |