Filed: 11/14/2025ACC: 0000904454-25-000595
📋 What this filing means
SRB CORP filed this quarterly 13F‑HR report disclosing 23 equity positions with a total reported market value of $1.74B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
23
Positions
$1.74B
Total AUM (reported)
12.58M
Total Shares
Allocation by class
COM$1.10B62.9%
TECHNOLOGY$112.92M6.5%
COM NEW$111.27M6.4%
COMMUNICATION$94.79M5.4%
SBI MATERIALS$77.50M4.4%
SBI HEALTHCARE$77.49M4.4%
ADS$56.96M3.3%
Portfolio Concentration
Top 3$602.05M34.5%
4–10$643.76M36.9%
11–25$498.87M28.6%
Top 3 weight
34.5%
Top 10 weight
71.4%
Voting Authority Distribution
Total shares with voting rights: 12.58M
Sole
Full voting authority
12.58M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole0
Shared0
Other23
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings23
Rows:
MICROSOFT ORD
DFNDShares692.92K
TypeSH
Market value$358.90M
20.57%
Sole
692.92K
Shared
0.00
None
0.00
SAFETY INSURANCE GROUP ORD
DFNDShares1.84M
TypeSH
Market value$130.23M
7.46%
Sole
1.84M
Shared
0.00
None
0.00
SEL SECTOR:TECH SPDR
DFNDShares400.62K
TypeSH
Market value$112.92M
6.47%
Sole
400.62K
Shared
0.00
None
0.00
GE AEROSPACE ORD
DFNDShares369.89K
TypeSH
Market value$111.27M
6.38%
Sole
369.89K
Shared
0.00
None
0.00
RENAISSANCERE ORD
DFNDShares420.09K
TypeSH
Market value$106.67M
6.11%
Sole
420.09K
Shared
0.00
None
0.00
AMAZON COM ORD
DFNDShares460.45K
TypeSH
Market value$101.10M
5.79%
Sole
460.45K
Shared
0.00
None
0.00
SEL SECTOR:COMM SVC SPDR
DFNDShares800.77K
TypeSH
Market value$94.79M
5.43%
Sole
800.77K
Shared
0.00
None
0.00
SEL SECTOR:MATRLS SPDR
DFNDShares864.79K
TypeSH
Market value$77.50M
4.44%
Sole
864.79K
Shared
0.00
None
0.00
SEL SECTOR:H CARE SPDR
DFNDShares556.82K
TypeSH
Market value$77.49M
4.44%
Sole
556.82K
Shared
0.00
None
0.00
WALMART ORD
DFNDShares727.05K
TypeSH
Market value$74.93M
4.29%
Sole
727.05K
Shared
0.00
None
0.00
INTEL ORD
DFNDShares2.19M
TypeSH
Market value$73.31M
4.20%
Sole
2.19M
Shared
0.00
None
0.00
WW GRAINGER ORD
DFNDShares68.20K
TypeSH
Market value$64.99M
3.73%
Sole
68.20K
Shared
0.00
None
0.00
TOYOTA MOTOR ADR REP 10 ORD
DFNDShares298.09K
TypeSH
Market value$56.96M
3.26%
Sole
298.09K
Shared
0.00
None
0.00
ALPHABET CL A ORD
DFNDShares234.21K
TypeSH
Market value$56.94M
3.26%
Sole
234.21K
Shared
0.00
None
0.00
PROCTER & GAMBLE ORD
DFNDShares265.63K
TypeSH
Market value$40.81M
2.34%
Sole
265.63K
Shared
0.00
None
0.00
MERCK & CO ORD
DFNDShares473.37K
TypeSH
Market value$39.73M
2.28%
Sole
473.37K
Shared
0.00
None
0.00
CVS HEALTH ORD
DFNDShares526.86K
TypeSH
Market value$39.72M
2.28%
Sole
526.86K
Shared
0.00
None
0.00
SHERWIN WILLIAMS ORD
DFNDShares112.07K
TypeSH
Market value$38.81M
2.22%
Sole
112.07K
Shared
0.00
None
0.00
COMCAST CL A ORD
DFNDShares1.01M
TypeSH
Market value$31.64M
1.81%
Sole
1.01M
Shared
0.00
None
0.00
RELIANCE ORD
DFNDShares98.23K
TypeSH
Market value$27.59M
1.58%
Sole
98.23K
Shared
0.00
None
0.00
SEL SECTOR:C DSC SPDR
DFNDShares77.27K
TypeSH
Market value$18.52M
1.06%
Sole
77.27K
Shared
0.00
None
0.00
SEL SECTOR:INDUST SPDR
DFNDShares33.62K
TypeSH
Market value$5.19M
0.30%
Sole
33.62K
Shared
0.00
None
0.00
SEL SECTOR:C STP SPDR
DFNDShares59.58K
TypeSH
Market value$4.67M
0.27%
Sole
59.58K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
MICROSOFT ORDDFND | COM | 692.92K | SH | $358.90M 20.57% | 692.92K | 0.00 | 0.00 |
SAFETY INSURANCE GROUP ORDDFND | COM | 1.84M | SH | $130.23M 7.46% | 1.84M | 0.00 | 0.00 |
SEL SECTOR:TECH SPDRDFND | TECHNOLOGY | 400.62K | SH | $112.92M 6.47% | 400.62K | 0.00 | 0.00 |
GE AEROSPACE ORDDFND | COM NEW | 369.89K | SH | $111.27M 6.38% | 369.89K | 0.00 | 0.00 |
RENAISSANCERE ORDDFND | COM | 420.09K | SH | $106.67M 6.11% | 420.09K | 0.00 | 0.00 |
AMAZON COM ORDDFND | COM | 460.45K | SH | $101.10M 5.79% | 460.45K | 0.00 | 0.00 |
SEL SECTOR:COMM SVC SPDRDFND | COMMUNICATION | 800.77K | SH | $94.79M 5.43% | 800.77K | 0.00 | 0.00 |
SEL SECTOR:MATRLS SPDRDFND | SBI MATERIALS | 864.79K | SH | $77.50M 4.44% | 864.79K | 0.00 | 0.00 |
SEL SECTOR:H CARE SPDRDFND | SBI HEALTHCARE | 556.82K | SH | $77.49M 4.44% | 556.82K | 0.00 | 0.00 |
WALMART ORDDFND | COM | 727.05K | SH | $74.93M 4.29% | 727.05K | 0.00 | 0.00 |
INTEL ORDDFND | COM | 2.19M | SH | $73.31M 4.20% | 2.19M | 0.00 | 0.00 |
WW GRAINGER ORDDFND | COM | 68.20K | SH | $64.99M 3.73% | 68.20K | 0.00 | 0.00 |
TOYOTA MOTOR ADR REP 10 ORDDFND | ADS | 298.09K | SH | $56.96M 3.26% | 298.09K | 0.00 | 0.00 |
ALPHABET CL A ORDDFND | CAP STK CL A | 234.21K | SH | $56.94M 3.26% | 234.21K | 0.00 | 0.00 |
PROCTER & GAMBLE ORDDFND | COM | 265.63K | SH | $40.81M 2.34% | 265.63K | 0.00 | 0.00 |
MERCK & CO ORDDFND | COM | 473.37K | SH | $39.73M 2.28% | 473.37K | 0.00 | 0.00 |
CVS HEALTH ORDDFND | COM | 526.86K | SH | $39.72M 2.28% | 526.86K | 0.00 | 0.00 |
SHERWIN WILLIAMS ORDDFND | COM | 112.07K | SH | $38.81M 2.22% | 112.07K | 0.00 | 0.00 |
COMCAST CL A ORDDFND | CL A | 1.01M | SH | $31.64M 1.81% | 1.01M | 0.00 | 0.00 |
RELIANCE ORDDFND | COM | 98.23K | SH | $27.59M 1.58% | 98.23K | 0.00 | 0.00 |
SEL SECTOR:C DSC SPDRDFND | SBI CONS DISCR | 77.27K | SH | $18.52M 1.06% | 77.27K | 0.00 | 0.00 |
SEL SECTOR:INDUST SPDRDFND | INDL | 33.62K | SH | $5.19M 0.30% | 33.62K | 0.00 | 0.00 |
SEL SECTOR:C STP SPDRDFND | SBI CONS STPLS | 59.58K | SH | $4.67M 0.27% | 59.58K | 0.00 | 0.00 |