§ 13F · FUND PROFILE
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO.
Auto insurance, conservative equity
AUM · $119.9B (13F)Positions · 199Turnover · 15% · Q1Filed · May 13, 2026
CONCENTRATION
34%
Top 10 holdings
NEW BUYS
+2
+$147M deployed
EXITS
0
No exits
SECTOR SHIFT
TECHNOLOGY → SEMICONDUCTORS
-2pp · +1pp
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q1 2026
FILED MAY 13, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q1 |
|---|---|---|---|---|---|---|
| 1 | CAT | CATERPILLAR INC | 10.47M | $7.4B | 5.8% | −16% |
| 2 | LLY | ELI LILLY & CO | 7.38M | $6.8B | 5.4% | −14% |
| 3 | JNJ | JOHNSON & JOHNSON | 21.83M | $5.3B | 4.2% | ±0% |
| 4 | ITW | ILLINOIS TOOL WKS INC | 16.56M | $4.3B | 3.4% | ±0% |
| 5 | XOM | EXXON MOBIL CORP | 20.26M | $3.4B | 2.7% | ±0% |
| 6 | AAPL | APPLE INC | 13.04M | $3.3B | 2.6% | ±0% |
| 7 | NUE | NUCOR CORP | 19.25M | $3.3B | 2.6% | ±0% |
| 8 | LLY | ELI LILLY & CO | 3.38M | $3.1B | 2.4% | — |
| 9 | CAT | CATERPILLAR INC | 4.09M | $2.9B | 2.3% | — |
| 10 | WMT | WALMART INC | 23.20M | $2.9B | 2.3% | ±0% |
§ 02 · SECTOR ALLOCATION
Where the money is
Other45.0% (+1pp)
Pharmaceuticals18.1% (−2pp)
Machinery14.4% (+1pp)
Technology8.8% (−2pp)
Energy6.9%
Semiconductors6.2% (+1pp)
§ 03 · THE STATE SIGNAL
AC read
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO is a Income / Defensive fund managing $119.9 billion in assets. The fund runs a portfolio of 199 positions, broad diversification across holdings, with the top 10 accounting for 34%. Turnover is moderate at 15% per quarter, with 2 new positions and 0 exits last quarter. Top sector allocations: Other (45%), Pharmaceuticals (18%), Machinery (14%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
2 FILINGS
Q1 2026
Active book
+2 buys · −0 exits · 28 changed
Q4 2025
Active book
+2 buys · −0 exits · 20 changed
Q3 2025
Active book
+2 buys · −0 exits · 32 changed
Q2 2025
Active book
+2 buys · −0 exits · 26 changed