1y return+31.9%S&P 500 +20.9%
3y return+57.6%S&P 500 +68.5%
5y return+70.1%S&P 500 +74.5%
10y return+188.8%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $289 against $357 in the S&P 500.2
State Farm Mutual Automobile Insurance CoS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| CATCaterpillar Inc | $15.5B | 10.6% | |
| LLYEli Lilly & Co | $12.9B | 8.8% | |
| JNJJohnson & Johnson | $8.0B | 5.5% | |
| AAPLApple Inc | $6.8B | 4.6% | |
| ITWIllinois Tool Wks Inc | $5.7B | 3.9% | |
| Asml Hldg NvCUSIP N07059210 | $5.5B | 3.8% | |
| NUENucor Corp | $5.4B | 3.7% | |
| WMTWalmart Inc | $4.4B | 3.0% | |
| KLACKla Corp | $4.2B | 2.9% | +895.2% |
| Exxon Mobil CorpCUSIP 30231G102 | $4.2B | 2.9% | |
| MSFTMicrosoft Corp | $3.9B | 2.6% | |
| GOOGLAlphabet Inc | $3.9B | 2.6% | |
| ADMArcher Daniels Midland Co | $3.6B | 2.4% | |
| APDAir Products And Chemicals I | $3.5B | 2.4% | |
| GLWCorning Inc | $3.4B | 2.3% | −1.4% |
| INTCIntel Corp | $3.4B | 2.3% | −9.5% |
| WFCWells Fargo & Co | $3.3B | 2.2% | |
| VMCVulcan Matls Co | $2.8B | 1.9% | |
| PGProcter & Gamble Co | $2.3B | 1.6% | |
| CVXChevron Corporation | $2.2B | 1.5% | |
| DEDeere & Co | $1.8B | 1.2% | |
| MRKMerck & Co Inc | $1.8B | 1.2% | |
| ABBVAbbvie Inc | $1.5B | 1.0% | |
| KOCoca Cola Co | $1.5B | 1.0% | |
| GEGe Aerospace | $1.4B | 1.0% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| GLWCorning Inc | June 30, 2020 | +886.1% | $3.4B |
| CATCaterpillar Inc | June 30, 2020 | +741.8% | $15.5B |
| LLYEli Lilly & Co | June 30, 2020 | +630.6% | $12.9B |
| Asml Hldg NvCUSIP N07059210 | June 30, 2020 | +440.6% | $5.5B |
| NUENucor Corp | June 30, 2020 | +437.9% | $5.4B |
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $3.9B |
| DEDeere & Co | June 30, 2020 | +303.7% | $1.8B |
| GEGe Aerospace | September 30, 2021 | +262.7% | $1.4B |
| WFCWells Fargo & Co | June 30, 2020 | +222.8% | $3.3B |
| AAPLApple Inc | June 30, 2020 | +217.3% | $6.8B |
Sold off last quarter
- CTRACoterra Energy Inc was $341.1M
- IEXIdex Corp was $61.9M
- NDSNNordson Corp was $49.6M
- GGGGraco Inc was $45.3M
- ISRGIntuitive Surgical Inc was $39.5M
- SSDSimpson Mfg Inc was $31.2M
- TECHBio-techne Corp was $16.8M
- GWREGuidewire Software Inc was $7.5M
- Magnum Ice Cream Co NvCUSIP N5505D105 was $3.0M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +12.1% | +14.8% |
| March 31, 2026 | +3.1% | −4.6% |
| December 31, 2025 | +6.8% | +2.4% |
| September 30, 2025 | +6.8% | +7.8% |
| June 30, 2025 | +4.0% | +10.5% |
| March 31, 2025 | −0.0% | −4.6% |
| December 31, 2024 | −4.6% | +2.1% |
| September 30, 2024 | +4.2% | +5.4% |
| June 30, 2024 | −0.2% | +4.0% |
| March 31, 2024 | +9.9% | +10.0% |
| December 31, 2023 | +7.3% | +11.2% |
| September 30, 2023 | −1.8% | −3.6% |
| June 30, 2023 | +5.6% | +8.3% |
| March 31, 2023 | +0.8% | +7.0% |
| December 31, 2022 | +13.7% | +7.1% |
| September 30, 2022 | −5.2% | −5.3% |
| June 30, 2022 | −12.3% | −16.5% |
| March 31, 2022 | −1.6% | −4.9% |
| December 31, 2021 | +11.4% | +10.7% |
| September 30, 2021 | −2.1% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: State Farm Mutual Automobile Insurance Co Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=315032&type=13F-HR&dateb=&owner=include&count=40CIK 315032
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/315032/000031503226000004/Filed August 12, 2026 · accession 0000315032-26-000004