# Gallagher Benefit Services, Inc.

> Institutional holdings reported to the SEC as of Q4 2022 on Form 13F. CIK 1527782. Source: https://holderbook.com/funds/1527782-gallagher-benefit-services-inc/

- Reported value: $476.0M
- Positions: 186
- Weight of the ten largest: 50.7%
- Filed: 2023-02-27

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 |
|---|---|---|---|---|---|
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $30.7M | 316,728 | 6.5% | 1 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $30.6M | 192,369 | 6.4% | 1 |
| ISHARES TR | [IUSV](https://holderbook.com/stocks/IUSV/) | $29.8M | 421,717 | 6.3% | 1 |
| VANGUARD ADMIRAL FDS INC | [VIOV](https://holderbook.com/stocks/VIOV/) | $27.6M | 175,850 | 5.8% | 1 |
| ISHARES TR | [SHYG](https://holderbook.com/stocks/SHYG/) | $26.4M | 645,888 | 5.5% | 1 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $26.3M | 427,020 | 5.5% | 1 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $18.8M | 375,087 | 3.9% | 1 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $18.1M | 364,162 | 3.8% | 1 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $18.1M | 386,682 | 3.8% | 1 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $15.1M | 107,875 | 3.2% | 1 |
| ISHARES TR | [IUSG](https://holderbook.com/stocks/IUSG/) | $15.1M | 185,535 | 3.2% | 1 |
| STARBOARD INVT TR | [AHHX](https://holderbook.com/stocks/AHHX/) | $14.4M | 1,722,822 | 3.0% | 1 |
| STARBOARD INVT TR | [AMAX](https://holderbook.com/stocks/AMAX/) | $13.6M | 1,778,282 | 2.9% | 1 |
| ISHARES TR | [ISCG](https://holderbook.com/stocks/ISCG/) | $12.4M | 343,099 | 2.6% | 1 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $12.0M | 59,678 | 2.5% | 1 |
| ISHARES TR | [HDV](https://holderbook.com/stocks/HDV/) | $10.6M | 101,918 | 2.2% | 1 |
| ISHARES U S ETF TR | [LQDH](https://holderbook.com/stocks/LQDH/) | $7.5M | 82,932 | 1.6% | 1 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $6.8M | 31,709 | 1.4% | 1 |
| ISHARES TR | [IUSB](https://holderbook.com/stocks/IUSB/) | $6.2M | 137,510 | 1.3% | 1 |
| PIMCO INCOME STRATEGY FD | [PFL](https://holderbook.com/stocks/PFL/) | $4.8M | 595,899 | 1.0% | 1 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $4.6M | 63,658 | 1.0% | 1 |
| FIRST TR EXCHNG TRADED FD VI | [DJAN](https://holderbook.com/stocks/DJAN/) | $4.2M | 139,873 | 0.9% | 1 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $3.7M | 29,735 | 0.8% | 1 |
| ISHARES TR | [MTUM](https://holderbook.com/stocks/MTUM/) | $3.5M | 24,048 | 0.7% | 1 |
| FIRST TR EXCHANGE-TRADED ALP | [FAD](https://holderbook.com/stocks/FAD/) | $3.4M | 35,744 | 0.7% | 1 |
| PACER FDS TR | [PALC](https://holderbook.com/stocks/PALC/) | $3.0M | 85,947 | 0.6% | 1 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $3.0M | 25,148 | 0.6% | 1 |
| FS KKR CAP CORP | [FSK](https://holderbook.com/stocks/FSK/) | $2.9M | 166,654 | 0.6% | 1 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.7M | 20,722 | 0.6% | 1 |
| STARBOARD INVT TR | [RHTX](https://holderbook.com/stocks/RHTX/) | $2.6M | 200,315 | 0.5% | 1 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $2.5M | 33,471 | 0.5% | 1 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $2.0M | 18,258 | 0.4% | 1 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $1.9M | 14,234 | 0.4% | 1 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $1.8M | 14,209 | 0.4% | 1 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.8M | 21,130 | 0.4% | 1 |
| DOMINION ENERGY INC | [D](https://holderbook.com/stocks/D/) | $1.8M | 28,766 | 0.4% | 1 |
| SPDR SERIES TRUST | [CWB](https://holderbook.com/stocks/CWB/) | $1.6M | 24,327 | 0.3% | 1 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.6M | 6,506 | 0.3% | 1 |
| PROSHARES TR | [EQRR](https://holderbook.com/stocks/EQRR/) | $1.5M | 29,369 | 0.3% | 1 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $1.5M | 3,796 | 0.3% | 1 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $1.4M | 41,786 | 0.3% | 1 |
| NUVEEN CR STRATEGIES INCOME | [JQC](https://holderbook.com/stocks/JQC/) | $1.3M | 253,958 | 0.3% | 1 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $1.2M | 6,492 | 0.2% | 1 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.1M | 2,497 | 0.2% | 1 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.1M | 4,278 | 0.2% | 1 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $1.1M | 7,427 | 0.2% | 1 |
| ISHARES TR | [IYH](https://holderbook.com/stocks/IYH/) | $1.1M | 3,898 | 0.2% | 1 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $1.1M | 11,098 | 0.2% | 1 |
| BANK MONTREAL MEDIUM | [FNGO](https://holderbook.com/stocks/FNGO/) | $1.1M | 78,000 | 0.2% | 1 |
| GOLDMAN SACHS ETF TR | [GSLC](https://holderbook.com/stocks/GSLC/) | $1.0M | 13,693 | 0.2% | 1 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $1.0M | 9,210 | 0.2% | 1 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.0M | 7,603 | 0.2% | 1 |
| XCEL ENERGY INC | [XEL](https://holderbook.com/stocks/XEL/) | $1.0M | 14,495 | 0.2% | 1 |
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $992.3K | 12,223 | 0.2% | 1 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $984.4K | 2,574 | 0.2% | 1 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $975.8K | 20,332 | 0.2% | 1 |
| PROSHARES TR | [UPRO](https://holderbook.com/stocks/UPRO/) | $975.7K | 29,772 | 0.2% | 1 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $964.6K | 18,818 | 0.2% | 1 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $964.6K | 24,482 | 0.2% | 1 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $960.9K | 6,777 | 0.2% | 1 |
| CHIMERA INVT CORP | [CIMXXXX](https://holderbook.com/stocks/CIMXXXX/) | $960.5K | 174,641 | 0.2% | 1 |
| NIO INC | [NIO](https://holderbook.com/stocks/NIO/) | $949.7K | 97,400 | 0.2% | 1 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $934.3K | 50,750 | 0.2% | 1 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $926.4K | 1,746 | 0.2% | 1 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $922.3K | 16,187 | 0.2% | 1 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $894.7K | 9,416 | 0.2% | 1 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $882.6K | 9,186 | 0.2% | 1 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $880.6K | 21,320 | 0.2% | 1 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $878.6K | 9,279 | 0.2% | 1 |
| ISHARES TR | [IYW](https://holderbook.com/stocks/IYW/) | $872.3K | 11,707 | 0.2% | 1 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $863.7K | 4,779 | 0.2% | 1 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $842.0K | 13,229 | 0.2% | 1 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $829.6K | 3,871 | 0.2% | 1 |
| NUVEEN FLOATING RATE INCOME | [JFR](https://holderbook.com/stocks/JFR/) | $823.8K | 104,018 | 0.2% | 1 |
| STARBOARD INVT TR | [AGOX](https://holderbook.com/stocks/AGOX/) | $800.7K | 39,070 | 0.2% | 1 |
| SIMON PPTY GROUP INC NEW | [SPG](https://holderbook.com/stocks/SPG/) | $800.2K | 6,804 | 0.2% | 1 |
| SMUCKER J M CO | [SJM](https://holderbook.com/stocks/SJM/) | $793.3K | 5,002 | 0.2% | 1 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $778.8K | 4,959 | 0.2% | 1 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $773.9K | 5,195 | 0.2% | 1 |
| SONOCO PRODS CO | [SON](https://holderbook.com/stocks/SON/) | $762.6K | 12,553 | 0.2% | 1 |
| MANULIFE FINL CORP | [MFC](https://holderbook.com/stocks/MFC/) | $755.5K | 42,351 | 0.2% | 1 |
| FIDELITY NATL FINL INC | [FNF](https://holderbook.com/stocks/FNF/) | $751.9K | 19,984 | 0.2% | 1 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $745.1K | 4,283 | 0.2% | 1 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $729.6K | 8,341 | 0.2% | 1 |
| PAYCHEX INC | [PAYX](https://holderbook.com/stocks/PAYX/) | $729.4K | 6,308 | 0.2% | 1 |
| LYONDELLBASELL INDUSTRIES NV | [LYB](https://holderbook.com/stocks/LYB/) | $725.7K | 8,733 | 0.2% | 1 |
| EDISON INTL | [EIX](https://holderbook.com/stocks/EIX/) | $722.2K | 11,344 | 0.2% | 1 |
| MEDICAL PROPERTIES TRUST INC | [MPT](https://holderbook.com/stocks/MPT/) | $719.7K | 64,601 | 0.2% | 1 |
| TRUIST FINL CORP | [TFC](https://holderbook.com/stocks/TFC/) | $719.2K | 16,715 | 0.2% | 1 |
| TOYOTA MOTOR CORP | [TM](https://holderbook.com/stocks/TM/) | $717.8K | 5,253 | 0.2% | 1 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $716.5K | 8,247 | 0.2% | 1 |
| NATIONAL GRID PLC | [NGG](https://holderbook.com/stocks/NGG/) | $706.8K | 11,717 | 0.1% | 1 |
| STARBOARD INVT TR | [RHRX](https://holderbook.com/stocks/RHRX/) | $702.8K | 60,059 | 0.1% | 1 |
| WALGREENS BOOTS ALLIANCE INC | [WBA](https://holderbook.com/stocks/WBA/) | $701.4K | 18,775 | 0.1% | 1 |
| HANESBRANDS INC | [HBI](https://holderbook.com/stocks/HBI/) | $678.6K | 106,710 | 0.1% | 1 |
| WELLTOWER INC | [WELL](https://holderbook.com/stocks/WELL/) | $668.7K | 10,195 | 0.1% | 1 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $657.2K | 1,890 | 0.1% | 1 |
| ISHARES TR | [IWN](https://holderbook.com/stocks/IWN/) | $647.4K | 4,666 | 0.1% | 1 |
| KRANESHARES TR | [KLCD](https://holderbook.com/stocks/KLCD/) | $637.1K | 22,087 | 0.1% | 1 |
| PACER FDS TR | [PTBD](https://holderbook.com/stocks/PTBD/) | $617.6K | 30,712 | 0.1% | 1 |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2022 | $476.0M | 186 |