WHITE MOUNTAINS INSURANCE GROUP LTD (WTM) — Q4 2025 13F-HR

← WHITE MOUNTAINS INSURANCE GROUP LTD (WTM)

Q4 2025 · 13F-HR

WHITE MOUNTAINS INSURANCE GROUP LTD (WTM)holdings as filed

Filed 2026-02-12 · accession 0001104659-26-014432

$261.9M

Reported value

Positions

2025-12-31

Period end

View analyzed profile →PRO

The Brief · WHITE MOUNTAINS INSURANCE GROUP LTD (WTM) · Q4 2025

AI · grounded in 13F

WHITE MOUNTAINS INSURANCE GROUP LTD (WTM) established a new position in SPY with a purchase of $30.69M. This addition increased the fund's total position count to two. The fund reported total assets under management of $261.93M at the end of the period.

Holdings as filed

CUSIP	Ticker	Issuer	Value	% port.	Shares	Class	Voting
58450V104	MAX	MEDIAALPHA INC	$231.2M	88.3%	17,856,614	Common	SOLE
78462F103	SPY	SPDR S&P 500 ETF TR	$30.7M	11.7%	45,000	Common	SOLE

Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.