AUTO-OWNERS INSURANCE CO

PrivateCIK: 1964189

Location

LANSING, MI

Positions

$3.20B

Total AUM (reported)

41.71M

Total Shares

Allocation by class

ST STR PO EX ETF$575.01M18.0%

COM$495.68M15.5%

CORE S&P TTL STK$360.11M11.3%

EAFE VALUE ETF$235.32M7.4%

CL A$205.13M6.4%

ST STR NYSE TECH$165.01M5.2%

FUNDAMENTAL INTL$145.34M4.5%

Portfolio Concentration

Top 3$1.17B36.6%

4–10$864.47M27.0%

11–25$815.32M25.5%

Rest$349.36M10.9%

Top 3 weight

36.6%

Top 10 weight

63.6%

Voting Authority Distribution

Total shares with voting rights: 41.71M

Sole

Full voting authority

31.99M

% of voting shares76.7%

Shared

Joint voting authority

9.71M

% of voting shares23.3%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole78

Shared0

Other0

Dominant voting typeSole · 76.7% of voting shares

Institutional Holdings78

Rows:

SPDR INDEX SHS FDS

SOLE

ST STR PO EX ETF

Shares11.45M

TypeSH

Market value$575.01M

17.97%

Sole

7.56M

Shared

3.89M

None

0.00

ISHARES TR

SOLE

CORE S&P TTL STK

Shares2.17M

TypeSH

Market value$360.11M

11.25%

Sole

1.62M

Shared

547.55K

None

0.00

ISHARES TR

SOLE

EAFE VALUE ETF

Shares2.97M

TypeSH

Market value$235.32M

7.35%

Sole

2.35M

Shared

625K

None

0.00

SPDR SERIES TRUST

SOLE

ST STR NYSE TECH

Shares431.75K

TypeSH

Market value$165.01M

5.16%

Sole

282.65K

Shared

149.10K

None

0.00

SCHWAB STRATEGIC TR

SOLE

FUNDAMENTAL INTL

Shares2.70M

TypeSH

Market value$145.34M

4.54%

Sole

1.77M

Shared

937K

None

0.00

ISHARES TR

SOLE

CORE MSCI INTL

Shares1.52M

TypeSH

Market value$136.16M

4.26%

Sole

1.34M

Shared

186K

None

0.00

BERKSHIRE HATHAWAY INC DEL

SOLE

CL A

Shares156.00

TypeSH

Market value$116.53M

3.64%

Sole

145.00

Shared

11.00

None

0.00

VANGUARD WHITEHALL FDS

SOLE

HIGH DIV YLD

Shares724.20K

TypeSH

Market value$112.40M

3.51%

Sole

412.70K

Shared

311.50K

None

0.00

ISHARES TR

SOLE

CORE S&P US VLU

Shares864K

TypeSH

Market value$95.58M

2.99%

Sole

374K

Shared

490K

None

0.00

SPDR SERIES TRUST

SOLE

ST STR SP500DIV

Shares2.06M

TypeSH

Market value$93.46M

2.92%

Sole

1.37M

Shared

690K

None

0.00

META PLATFORMS INC

SOLE

CL A

Shares116.81K

TypeSH

Market value$84.71M

2.65%

Sole

94.66K

Shared

22.15K

None

0.00

VANGUARD INDEX FDS

SOLE

SMALL CP ETF

Shares265.13K

TypeSH

Market value$75.43M

2.36%

Sole

232.53K

Shared

32.60K

None

0.00

ALPHABET INC

SOLE

CAP STK CL C

Shares219.97K

TypeSH

Market value$74.95M

2.34%

Sole

162.97K

Shared

57K

None

0.00

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares1.05M

TypeSH

Market value$73.84M

2.31%

Sole

912.75K

Shared

133K

None

0.00

AMAZON COM INC

SOLE

COM

Shares268.46K

TypeSH

Market value$66.89M

2.09%

Sole

200.46K

Shared

68K

None

0.00

SPDR SERIES TRUST

SOLE

ST STR P400MID

Shares1.04M

TypeSH

Market value$65.58M

2.05%

Sole

750K

Shared

290K

None

0.00

JOHNSON & JOHNSON

SOLE

COM

Shares227.66K

TypeSH

Market value$60.27M

1.88%

Sole

203.16K

Shared

24.50K

None

0.00

MICROSOFT CORP

SOLE

COM

Shares103.28K

TypeSH

Market value$52.97M

1.66%

Sole

85.88K

Shared

17.40K

None

0.00

DOW HLDGS INC

SOLE

COM

Shares1.61M

TypeSH

Market value$44.37M

1.39%

Sole

1.61M

Shared

0.00

None

0.00

PEPSICO INC

SOLE

COM

Shares329.28K

TypeSH

Market value$41.73M

1.30%

Sole

315.38K

Shared

13.90K

None

0.00

ISHARES TR

SOLE

CORE DIV GRWTH

Shares514.50K

TypeSH

Market value$38.79M

1.21%

Sole

339.50K

Shared

175K

None

0.00

POLARIS INC

SOLE

COM

Shares715K

TypeSH

Market value$37.29M

1.17%

Sole

715K

Shared

0.00

None

0.00

ENTERPRISE PRODS PARTNERS L

SOLE

COM

Shares1M

TypeSH

Market value$35.61M

1.11%

Sole

Shared

0.00

None

0.00

BECTON DICKINSON & CO

SOLE

COM

Shares182.35K

TypeSH

Market value$32.64M

1.02%

Sole

154.94K

Shared

27.42K

None

0.00

BLUE OWL TECHNOLOGY FIN CORP

SOLE

COMMON STOCK

Shares3.08M

TypeSH

Market value$30.25M

0.95%

Sole

3.08M

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	Shared
SPDR INDEX SHS FDSSOLE	ST STR PO EX ETF	11.45M	SH	$575.01M 17.97%	7.56M	3.89M
ISHARES TRSOLE	CORE S&P TTL STK	2.17M	SH	$360.11M 11.25%	1.62M	547.55K
ISHARES TRSOLE	EAFE VALUE ETF	2.97M	SH	$235.32M 7.35%	2.35M	625K
SPDR SERIES TRUSTSOLE	ST STR NYSE TECH	431.75K	SH	$165.01M 5.16%	282.65K	149.10K
SCHWAB STRATEGIC TRSOLE	FUNDAMENTAL INTL	2.70M	SH	$145.34M 4.54%	1.77M	937K
ISHARES TRSOLE	CORE MSCI INTL	1.52M	SH	$136.16M 4.26%	1.34M	186K
BERKSHIRE HATHAWAY INC DELSOLE	CL A	156.00	SH	$116.53M 3.64%	145.00	11.00
VANGUARD WHITEHALL FDSSOLE	HIGH DIV YLD	724.20K	SH	$112.40M 3.51%	412.70K	311.50K
ISHARES TRSOLE	CORE S&P US VLU	864K	SH	$95.58M 2.99%	374K	490K
SPDR SERIES TRUSTSOLE	ST STR SP500DIV	2.06M	SH	$93.46M 2.92%	1.37M	690K
META PLATFORMS INCSOLE	CL A	116.81K	SH	$84.71M 2.65%	94.66K	22.15K
VANGUARD INDEX FDSSOLE	SMALL CP ETF	265.13K	SH	$75.43M 2.36%	232.53K	32.60K
ALPHABET INCSOLE	CAP STK CL C	219.97K	SH	$74.95M 2.34%	162.97K	57K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	1.05M	SH	$73.84M 2.31%	912.75K	133K
AMAZON COM INCSOLE	COM	268.46K	SH	$66.89M 2.09%	200.46K	68K
SPDR SERIES TRUSTSOLE	ST STR P400MID	1.04M	SH	$65.58M 2.05%	750K	290K
JOHNSON & JOHNSONSOLE	COM	227.66K	SH	$60.27M 1.88%	203.16K	24.50K
MICROSOFT CORPSOLE	COM	103.28K	SH	$52.97M 1.66%	85.88K	17.40K
DOW HLDGS INCSOLE	COM	1.61M	SH	$44.37M 1.39%	1.61M	0.00
PEPSICO INCSOLE	COM	329.28K	SH	$41.73M 1.30%	315.38K	13.90K
ISHARES TRSOLE	CORE DIV GRWTH	514.50K	SH	$38.79M 1.21%	339.50K	175K
POLARIS INCSOLE	COM	715K	SH	$37.29M 1.17%	715K	0.00
ENTERPRISE PRODS PARTNERS LSOLE	COM	1M	SH	$35.61M 1.11%	1M	0.00
BECTON DICKINSON & COSOLE	COM	182.35K	SH	$32.64M 1.02%	154.94K	27.42K
BLUE OWL TECHNOLOGY FIN CORPSOLE	COMMON STOCK	3.08M	SH	$30.25M 0.95%	3.08M	0.00

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