# White Mountains Advisors LLC

> Institutional holdings reported to the SEC as of Q3 2020 on Form 13F. CIK 1253840. Source: https://holderbook.com/funds/1253840-white-mountains-advisors-llc/

- Reported value: $84.7M
- Positions: 3
- Weight of the ten largest: 100.0%
- Filed: 2020-11-12

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $63.9M | 190,803 | 75.4% | 8 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $16.9M | 55,096 | 20.0% | 8 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $3.9M | 11,500 | 4.6% | 8 |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2020 | $84.7M | 3 |
| Q2 2020 | $442.4M | 3 |
| Q1 2020 | $403.8M | 3 |
| Q4 2019 | $521.6M | 3 |
| Q3 2019 | $506.1M | 3 |
| Q2 2019 | $499.7M | 3 |
| Q1 2019 | $646.3M | 3 |
| Q4 2018 | $617.0M | 3 |