WHITE MOUNTAINS INSURANCE GROUP LTD

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, WHITE MOUNTAINS INSURANCE GROUP LTD maintained a portfolio of 2 distinct positions. The most significant new addition to the portfolio was SPDR S&P 500 ETF TR, which now represents 11.72% of the total fund value.
PCA Score Concentration Risk
Risk ENB
Total Positions
2
Quarter
2025 Q4
Top Holding
MAX (88.3%)
Top 10 Concentration
100.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-2 of 2
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
MAX
MEDIAALPHA INC
Communication Services 88.28% 100.00% #1
Prev: #1
7.0 no change no change
P
S
17,856,614 $231,243,151
$32.64 -63.4%
$12.95 -7.7%
2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SPY
SPDR S&P 500 ET...
ETF 11.72% #2
Prev: #—
9.0 45,000 no change
NEW
45,000 $30,686,400
$379.21 +80.9%
$680.06 +0.9%
2022 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-2 of 2 holdings

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