Institutional Manager · CIK 0000074260

OLD REPUBLIC INTERNATIONAL CORP

CHICAGO, IL · File #028-15996

Latest AUM

$2.5M

Positions

Top-10 Concentration

30.2%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
REDUCE	CATERPILLAR	CAT	-91,500	-$52,417	+$16,941
REDUCE	CUMMINS	CMI	-100,250	-$51,172	+$19,333
EXITED	KELLANOVA	487836108	-541,500	-$44,414	$0
REDUCE	CARDINAL HEALTH	CAH	-198,000	-$40,690	+$18,204
REDUCE	CISCO SYSTEMS	CSCO	-398,900	-$30,727	+$10,406
REDUCE	LOCKHEED MARTIN	LMT	-54,000	-$26,118	-$1,566
EXITED	ALLETE	018522300	-383,100	-$25,438	$0
ADD	WEC ENERGY GROUP	WEC	+143,400	+$15,123	-$3,070
ADD	MONDELEZ INTERNATIONAL CL A	609207105	+252,700	+$13,603	-$1,395
REDUCE	DUKE ENERGY	DUKB	-109,035	-$12,780	-$3,220

Sector Allocation

14.8%$366,646

13.3%$329,810

10.1%$250,148

9.8%$243,586

9.2%$228,455

7.5%$185,404

Consumer Discretionary

3.8%$95,054

Materials

1.0%$24,734

Financials

0.3%$8,501

Filing History

Feb 9, 202613F HOLDINGS REPORTQ/E Dec 202554 pos · $2.5M
Oct 27, 202513F HOLDINGS REPORTQ/E Sep 202556 pos · $2.7M
Jul 9, 202513F HOLDINGS REPORTQ/E Jun 202555 pos · $2.6M
Apr 29, 202513F HOLDINGS REPORTQ/E Mar 202557 pos · $2.6M
Feb 4, 202513F HOLDINGS REPORTQ/E Dec 202455 pos · $2.5M
Oct 25, 202413F HOLDINGS REPORTQ/E Sep 202454 pos · $2.7M
Jul 29, 202413F HOLDINGS REPORTQ/E Jun 202454 pos · $2.5M
Apr 29, 202413F HOLDINGS REPORTQ/E Mar 202454 pos · $2.5M
Nov 6, 202313F HOLDINGS REPORTQ/E Dec 202359 pos · $2.7M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	EXXON MOBIL	XOM	722,500	$86,946	3.60%
2	QUALCOMM	QCOM	441,800	$75,570	3.13%
3	MERCK & CO	MRK	705,600	$74,271	3.07%
4	CHEVRON	CVX	486,300	$74,117	3.07%
5	COCA-COLA	KO	1,047,300	$73,217	3.03%
6	PROCTER & GAMBLE	742718109	510,800	$73,203	3.03%
7	EATON	ETN	217,000	$69,117	2.86%
8	JOHNSON & JOHNSON	JNJ	333,000	$68,914	2.85%
9	EMERSON ELECTRIC	EMR	511,100	$67,833	2.81%
10	PEPSICO	PEP	455,950	$65,438	2.71%
11	CISCO SYSTEMS	CSCO	809,700	$62,371	2.58%
12	SOUTHERN	SOMN	711,900	$62,078	2.57%
13	CUMMINS	CMI	119,250	$60,871	2.52%
14	CINCINNATI FINANCIAL	172062101	368,900	$60,249	2.49%
15	MCDONALD'S	MCD	196,150	$59,949	2.48%
16	TEXAS INSTRUMENTS	882508104	329,500	$57,165	2.37%
17	HUBBELL	HUBB	127,000	$56,402	2.33%
18	EVERGY	EVRG	727,561	$52,741	2.18%
19	WEC ENERGY GROUP	WEC	479,679	$50,587	2.09%
20	ARTHUR J GALLAGHER	363576109	190,800	$49,377	2.04%