Filed: 5/16/2025ACC: 0000950123-25-005784
📋 What this filing means
UNITED SERVICES AUTOMOBILE ASSOCIATION filed this quarterly 13F‑HR report disclosing 1070 equity positions with a total reported market value of $3.25B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
1070
Positions
$3.25B
Total AUM (reported)
42.94M
Total Shares
Allocation by class
COMMON STOCK$2.05B62.9%
ETP$1.16B35.8%
REIT$39.87M1.2%
ADR$2.17M0.1%
Portfolio Concentration
Top 3$739.83M22.8%
4–10$524.93M16.2%
11–25$515.09M15.9%
Rest$1.47B45.2%
Top 3 weight
22.8%
Top 10 weight
38.9%
Voting Authority Distribution
Total shares with voting rights: 42.94M
Sole
Full voting authority
42.94M
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
Other1070
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings1070
Rows:
ISHARES MSCI EMR MRK EX CHNA
DFNDShares5.32M
TypeSH
Market value$293.37M
9.03%
Sole
5.32M
Shared
0.00
None
0.00
ISHARES CORE U.S. AGGREGATE
DFNDShares2.95M
TypeSH
Market value$291.63M
8.97%
Sole
2.95M
Shared
0.00
None
0.00
MFC VANGUARD INDEX FUNDS S&P 500 ETF SHSNEW
DFNDShares302.54K
TypeSH
Market value$154.84M
4.76%
Sole
302.54K
Shared
0.00
None
0.00
MFC VICTORY PORTFOLIOS II VICTORYSHARES CORE INTERMEDIATE BOND ETF
DFNDShares2.42M
TypeSH
Market value$113.65M
3.50%
Sole
2.42M
Shared
0.00
None
0.00
APPLE INC
DFNDShares348.55K
TypeSH
Market value$75.95M
2.34%
Sole
348.55K
Shared
0.00
None
0.00
MFC VANGUARD INTL EQUITY INDEX FDS VANGUARD FTSE ALL WORLD EX US ETF
DFNDShares1.19M
TypeSH
Market value$72.10M
2.22%
Sole
1.19M
Shared
0.00
None
0.00
JOHNSON & JOHNSON
DFNDShares417.36K
TypeSH
Market value$68.33M
2.10%
Sole
417.36K
Shared
0.00
None
0.00
EXXON MOBIL CORP
DFNDShares571.40K
TypeSH
Market value$67.27M
2.07%
Sole
571.40K
Shared
0.00
None
0.00
MICROSOFT CORP
DFNDShares172.25K
TypeSH
Market value$65.25M
2.01%
Sole
172.25K
Shared
0.00
None
0.00
NVIDIA CORP
DFNDShares568.87K
TypeSH
Market value$62.39M
1.92%
Sole
568.87K
Shared
0.00
None
0.00
PROCTER & GAMBLE CO/THE
DFNDShares302.67K
TypeSH
Market value$50.86M
1.57%
Sole
302.67K
Shared
0.00
None
0.00
PEPSICO INC
DFNDShares305.24K
TypeSH
Market value$45.56M
1.40%
Sole
305.24K
Shared
0.00
None
0.00
CHEVRON CORP
DFNDShares264.53K
TypeSH
Market value$43.94M
1.35%
Sole
264.53K
Shared
0.00
None
0.00
AMAZON.COM INC
DFNDShares218.78K
TypeSH
Market value$42.16M
1.30%
Sole
218.78K
Shared
0.00
None
0.00
UNITEDHEALTH GROUP INC
DFNDShares71.94K
TypeSH
Market value$37.12M
1.14%
Sole
71.94K
Shared
0.00
None
0.00
MERCK & CO. INC.
DFNDShares390.52K
TypeSH
Market value$34.85M
1.07%
Sole
390.52K
Shared
0.00
None
0.00
MFC VANGUARD EXTD MKT ETF
DFNDShares195.94K
TypeSH
Market value$33.82M
1.04%
Sole
195.94K
Shared
0.00
None
0.00
MFC VANGUARD SCOTTSDALE FDS VANGUARD SHORT-TERM CORPORATE
DFNDShares371.89K
TypeSH
Market value$29.36M
0.90%
Sole
371.89K
Shared
0.00
None
0.00
MFC VANGUARD SCOTTSDALE FDS VANGUARD INTER-TERM CORP BD INDEX FD ETF SHS
DFNDShares358.83K
TypeSH
Market value$29.32M
0.90%
Sole
358.83K
Shared
0.00
None
0.00
CANADIAN NATURAL RESOURCES
DFNDShares952.81K
TypeSH
Market value$29.13M
0.90%
Sole
952.81K
Shared
0.00
None
0.00
META PLATFORMS INC-CLASS A
DFNDShares50.47K
TypeSH
Market value$29.11M
0.90%
Sole
50.47K
Shared
0.00
None
0.00
MFC VANGUARD SCOTTSDALE FDS VANGUARD LONG-TERM CORPORATE BOND INDEX FUND
DFNDShares378.70K
TypeSH
Market value$28.69M
0.88%
Sole
378.70K
Shared
0.00
None
0.00
MFC VANGUARD HIGH DIVIDEND YIELD ETF
DFNDShares215.99K
TypeSH
Market value$27.85M
0.86%
Sole
215.99K
Shared
0.00
None
0.00
VANGUARD SHORT-TERM BOND ETF
DFNDShares353.35K
TypeSH
Market value$27.65M
0.85%
Sole
353.35K
Shared
0.00
None
0.00
QUALCOMM INC
DFNDShares168.06K
TypeSH
Market value$25.67M
0.79%
Sole
168.06K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ISHARES MSCI EMR MRK EX CHNADFND | ETP | 5.32M | SH | $293.37M 9.03% | 5.32M | 0.00 | 0.00 |
ISHARES CORE U.S. AGGREGATEDFND | ETP | 2.95M | SH | $291.63M 8.97% | 2.95M | 0.00 | 0.00 |
MFC VANGUARD INDEX FUNDS S&P 500 ETF SHSNEWDFND | ETP | 302.54K | SH | $154.84M 4.76% | 302.54K | 0.00 | 0.00 |
MFC VICTORY PORTFOLIOS II VICTORYSHARES CORE INTERMEDIATE BOND ETFDFND | ETP | 2.42M | SH | $113.65M 3.50% | 2.42M | 0.00 | 0.00 |
APPLE INCDFND | Common Stock | 348.55K | SH | $75.95M 2.34% | 348.55K | 0.00 | 0.00 |
MFC VANGUARD INTL EQUITY INDEX FDS VANGUARD FTSE ALL WORLD EX US ETFDFND | ETP | 1.19M | SH | $72.10M 2.22% | 1.19M | 0.00 | 0.00 |
JOHNSON & JOHNSONDFND | Common Stock | 417.36K | SH | $68.33M 2.10% | 417.36K | 0.00 | 0.00 |
EXXON MOBIL CORPDFND | Common Stock | 571.40K | SH | $67.27M 2.07% | 571.40K | 0.00 | 0.00 |
MICROSOFT CORPDFND | Common Stock | 172.25K | SH | $65.25M 2.01% | 172.25K | 0.00 | 0.00 |
NVIDIA CORPDFND | Common Stock | 568.87K | SH | $62.39M 1.92% | 568.87K | 0.00 | 0.00 |
PROCTER & GAMBLE CO/THEDFND | Common Stock | 302.67K | SH | $50.86M 1.57% | 302.67K | 0.00 | 0.00 |
PEPSICO INCDFND | Common Stock | 305.24K | SH | $45.56M 1.40% | 305.24K | 0.00 | 0.00 |
CHEVRON CORPDFND | Common Stock | 264.53K | SH | $43.94M 1.35% | 264.53K | 0.00 | 0.00 |
AMAZON.COM INCDFND | Common Stock | 218.78K | SH | $42.16M 1.30% | 218.78K | 0.00 | 0.00 |
UNITEDHEALTH GROUP INCDFND | Common Stock | 71.94K | SH | $37.12M 1.14% | 71.94K | 0.00 | 0.00 |
MERCK & CO. INC.DFND | Common Stock | 390.52K | SH | $34.85M 1.07% | 390.52K | 0.00 | 0.00 |
MFC VANGUARD EXTD MKT ETFDFND | ETP | 195.94K | SH | $33.82M 1.04% | 195.94K | 0.00 | 0.00 |
MFC VANGUARD SCOTTSDALE FDS VANGUARD SHORT-TERM CORPORATEDFND | ETP | 371.89K | SH | $29.36M 0.90% | 371.89K | 0.00 | 0.00 |
MFC VANGUARD SCOTTSDALE FDS VANGUARD INTER-TERM CORP BD INDEX FD ETF SHSDFND | ETP | 358.83K | SH | $29.32M 0.90% | 358.83K | 0.00 | 0.00 |
CANADIAN NATURAL RESOURCESDFND | Common Stock | 952.81K | SH | $29.13M 0.90% | 952.81K | 0.00 | 0.00 |
META PLATFORMS INC-CLASS ADFND | Common Stock | 50.47K | SH | $29.11M 0.90% | 50.47K | 0.00 | 0.00 |
MFC VANGUARD SCOTTSDALE FDS VANGUARD LONG-TERM CORPORATE BOND INDEX FUNDDFND | ETP | 378.70K | SH | $28.69M 0.88% | 378.70K | 0.00 | 0.00 |
MFC VANGUARD HIGH DIVIDEND YIELD ETFDFND | ETP | 215.99K | SH | $27.85M 0.86% | 215.99K | 0.00 | 0.00 |
VANGUARD SHORT-TERM BOND ETFDFND | ETP | 353.35K | SH | $27.65M 0.85% | 353.35K | 0.00 | 0.00 |
QUALCOMM INCDFND | Common Stock | 168.06K | SH | $25.67M 0.79% | 168.06K | 0.00 | 0.00 |
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