# SRB CORP

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1496228. Source: https://holderbook.com/funds/1496228-srb-corp/

- Reported value: $1.9B
- Positions: 23
- Weight of the ten largest: 70.3%
- Filed: 2026-08-14

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 |
|---|---|---|---|---|---|
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $228.7M | 1,200,431 | 12.3% | 6 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $212.0M | 568,388 | 11.4% | 31 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $149.0M | 1,067,407 | 8.0% | 6 |
| SAFETY INS GROUP INC | [SAFT](https://holderbook.com/stocks/SAFT/) | $134.3M | 1,794,655 | 7.2% | 31 |
| RENAISSANCERE HLDGS LTD | [RNR](https://holderbook.com/stocks/RNR/) | $123.1M | 388,478 | 6.6% | 20 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $107.4M | 450,434 | 5.8% | 11 |
| WW GRAINGER INC | [GWW](https://holderbook.com/stocks/GWW/) | $91.0M | 66,861 | 4.9% | 23 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $88.3M | 556,818 | 4.8% | 7 |
| SELECT SECTOR SPDR TR | [XLB](https://holderbook.com/stocks/XLB/) | $87.9M | 1,729,580 | 4.7% | 7 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $85.8M | 800,774 | 4.6% | 7 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $81.8M | 228,868 | 4.4% | 14 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $59.5M | 463,298 | 3.2% | 31 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $57.5M | 310,583 | 3.1% | 7 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $52.3M | 506,016 | 2.8% | 31 |
| TOYOTA MOTOR CORP | [TM](https://holderbook.com/stocks/TM/) | $49.1M | 291,689 | 2.6% | 20 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $44.8M | 119,925 | 2.4% | 20 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $40.6M | 488,831 | 2.2% | 7 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $37.9M | 110,041 | 2.0% | 11 |
| RELIANCE INC | [RS](https://holderbook.com/stocks/RS/) | $35.9M | 95,976 | 1.9% | 11 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $26.9M | 1,096,685 | 1.4% | 11 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $24.3M | 165,402 | 1.3% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $22.9M | 202,248 | 1.2% | 11 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $18.1M | 154,540 | 1.0% | 7 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +21.9% | +14.8% | +7.1% | 100% |
| Q1 2026 | -4.8% | -4.6% | -0.2% | 100% |
| Q4 2025 | +3.8% | +2.4% | +1.5% | 100% |
| Q3 2025 | +5.0% | +7.8% | -2.8% | 100% |
| Q2 2025 | +10.3% | +10.5% | -0.2% | 100% |
| Q1 2025 | -3.9% | -4.6% | +0.6% | 100% |
| Q4 2024 | -3.3% | +2.1% | -5.4% | 100% |
| Q3 2024 | +2.4% | +5.4% | -3.0% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.9B | 23 |
| Q1 2026 | $1.6B | 23 |
| Q4 2025 | $1.8B | 23 |
| Q3 2025 | $1.7B | 23 |
| Q2 2025 | $1.7B | 23 |
| Q1 2025 | $1.5B | 23 |
| Q4 2024 | $1.7B | 23 |
| Q3 2024 | $1.8B | 18 |
| Q2 2024 | $1.7B | 19 |
| Q1 2024 | $1.8B | 75 |
| Q4 2023 | $1.7B | 90 |
| Q3 2023 | $1.7B | 95 |