Philosmith Capital Corp 13F annual report
Philosmith Capital Corp is an investment fund managing more than $227 billion ran by Michele O'grady. There are currently 30 companies in Mrs. O'grady’s portfolio. The largest investments include Primerica Inc and American International Inc, together worth $36.1 billion.
$227 billion Assets Under Management (AUM)
As of 13th September 2021, Philosmith Capital Corp’s top holding is 119,700 shares of Primerica Inc currently worth over $18.3 billion and making up 8.1% of the portfolio value.
Relative to the number of outstanding shares of Primerica Inc, Philosmith Capital Corp owns more than approximately 0.1% of the company.
In addition, the fund holds 374,000 shares of American International Inc worth $17.8 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Brown Brown, Inc. worth $17.3 billion and the next is Gallagher, Arthur J. Co. worth $17.2 billion, with 122,725 shares owned.
Currently, Philosmith Capital Corp's portfolio is worth at least $227 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Philosmith Capital Corp
The Philosmith Capital Corp office and employees reside in Stamford, Connecticut. According to the last 13-F report filed with the SEC, Michele O'grady serves as the Vice President at Philosmith Capital Corp.
Recent trades
In the most recent 13F filing, Philosmith Capital Corp revealed that it had opened a new position in
Sun Life and bought 300 shares worth $15 million.
This means they effectively own approximately 0.1% of the company.
Sun Life makes up
approximately 0.1%
of the fund's Finance sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in RenaissanceRe Ltd by buying
25,800 additional shares.
This makes their stake in RenaissanceRe Ltd total 110,870 shares worth $16.5 billion.
RenaissanceRe Ltd dropped approximately 0.1% in the past year.
On the other hand, there are companies that Philosmith Capital Corp is getting rid of from its portfolio.
Philosmith Capital Corp closed its position in American National Inc on 20th September 2021.
It sold the previously owned 144,000 shares for $15.5 million.
Michele O'grady also disclosed a decreased stake in RMR Inc by 1.0%.
This leaves the value of the investment at $0 and 4 shares.
One of the largest hedge funds
The two most similar investment funds to Philosmith Capital Corp are Janus Henderson Group PLC and Cambridge. They manage $233 billion and $234 billion respectively.
Michele O'grady investment strategy
Philosmith Capital Corp’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Finance — making up 54.3% of
the total portfolio value.
The fund focuses on investments in the United States as
40.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
23% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $11.7 billion.
The complete list of Philosmith Capital Corp trades based on 13F SEC filings
These positions were updated on September 20th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Primerica Inc |
No change
119,700
|
$18,331,000,000 | 8.08% |
| American International Group Inc |
No change
374,000
|
$17,802,000,000 | 7.85% |
| Brown Brown, Inc. |
No change
325,450
|
$17,295,000,000 | 7.63% |
| Gallagher, Arthur J. Co. |
No change
122,725
|
$17,191,000,000 | 7.58% |
| RenaissanceRe Holdings Ltd |
30.33%
110,870
|
$16,500,000,000 | 7.28% |
| Reinsurance Group America |
12.37%
143,550
|
$16,365,000,000 | 7.22% |
| Arch Capital Group Ltd |
5.15%
408,120
|
$15,892,000,000 | 7.01% |
| Aflac Incorporated |
No change
289,800
|
$15,551,000,000 | 6.86% |
| Chubb Corporation |
5.51%
95,750
|
$15,219,000,000 | 6.71% |
| Ameriprise Financial Inc |
No change
53,700
|
$13,365,000,000 | 5.89% |
| Raymond James Financial, Inc. |
6.93%
101,000
|
$13,120,000,000 | 5.79% |
| Berkley Wr Corp |
No change
148,615
|
$11,062,000,000 | 4.88% |
| RLI Corp. |
16.44%
82,146
|
$8,591,000,000 | 3.79% |
| First American Financial Corp |
No change
114,350
|
$7,130,000,000 | 3.14% |
| James River Group Holdings Ltd |
No change
186,925
|
$7,014,000,000 | 3.09% |
| Fidelity National Financial Inc |
No change
114,500
|
$4,976,000,000 | 2.19% |
| Goldman Sachs |
No change
7,000
|
$2,657,000,000 | 1.17% |
| Black Knight Inc |
No change
33,881
|
$2,642,000,000 | 1.16% |
| Bfm |
No change
102,600
|
$2,360,000,000 | 1.04% |
| J P Morgan Co |
No change
9,550
|
$1,485,000,000 | 0.65% |
| Hiscox Plc |
No change
104,610
|
$1,204,000,000 | 0.53% |
| EverQuote Inc |
No change
11,800
|
$386,000,000 | 0.17% |
| Safety Insurance Group, Inc. |
23.33%
3,700
|
$290,000,000 | 0.13% |
| Selective Insurance Group |
900.00%
3,000
|
$243,000,000 | 0.11% |
| Donegal Group, Inc. A |
No change
5,192
|
$76,000,000 | 0.03% |
| American National Group Inc |
Closed
144,000
|
$15,533,000 | |
| Sun Life Financial, Inc. |
Opened
300
|
$15,000,000 | 0.01% |
| Horace Mann Educators Corp. |
No change
350
|
$13,000,000 | 0.01% |
| Assured Guaranty Ltd |
No change
100
|
$5,000,000 | 0.00% |
| Crawford Co. Class B |
No change
300
|
$3,000,000 | 0.00% |
| Proassurance Corporation |
Closed
22,750
|
$2,788,000 | |
| RMR Group Inc (The) |
99.89%
4
|
$0 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 32 holdings | |||
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