Old Republic International Corp 13F annual report

Old Republic International Corp is an investment fund managing more than $2.46 billion ran by Phillip Schutt. There are currently 54 companies in Mr. Schutt’s portfolio. The largest investments include Qualcomm and Procter & Gamble Co, together worth $172 million.

Limited to 30 biggest holdings

$2.46 billion Assets Under Management (AUM)

As of 22nd July 2024, Old Republic International Corp’s top holding is 441,800 shares of Qualcomm currently worth over $88 million and making up 3.6% of the portfolio value. Relative to the number of outstanding shares of Qualcomm, Old Republic International Corp owns more than approximately 0.1% of the company. In addition, the fund holds 508,800 shares of Procter & Gamble Co worth $83.9 million, whose value grew 7.6% in the past six months. The third-largest holding is Exxon Mobil worth $83.5 million and the next is Chevron worth $75.6 million, with 483,300 shares owned.

Currently, Old Republic International Corp's portfolio is worth at least $2.46 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Old Republic International Corp

The Old Republic International Corp office and employees reside in Chicago, Illinois. According to the last 13-F report filed with the SEC, Phillip Schutt serves as the Sr. Vice President - Investments at Old Republic International Corp.

Recent trades

Phillip Schutt disclosed a decreased stake in Qualcomm by approximately 0.1%. This leaves the value of the investment at $88 million and 441,800 shares.

One of the smallest hedge funds

The two most similar investment funds to Old Republic International Corp are Covington Capital Management and Cooper Creek Partners Management. They manage $2.46 billion and $2.46 billion respectively.

Phillip Schutt investment strategy

Old Republic International Corp’s portfolio is diversified across 11 sectors. Currently, their heaviest sector is Utilities — making up 15.9% of the total portfolio value. The fund focuses on investments in the United States as 85.2% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 70% of the total holdings value. On the other hand, small-cap stocks make up only 1.9% of the portfolio. The average market cap of the portfolio companies is close to $95 billion.

The complete list of Old Republic International Corp trades based on 13F SEC filings

These positions were updated on July 29th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Qualcomm, Inc.	0.88% 441,800	$87,998,000	3.58%
Procter & Gamble Co.	No change 508,800	$83,911,000	3.42%
Exxon Mobil Corp.	No change 725,000	$83,462,000	3.40%
Chevron Corp.	No change 483,300	$75,598,000	3.08%
Merck & Co Inc	0.29% 608,100	$75,283,000	3.07%
Texas Instruments Inc.	No change 360,500	$70,128,000	2.86%
Eaton	No change 217,000	$68,040,000	2.77%
Coca-Cola Co	No change 1,042,300	$66,342,000	2.70%
Pepsico	No change 386,800	$63,795,000	2.60%
Cummins Inc.	No change 219,500	$60,786,000	2.48%
Mcdonald's	0.51% 235,300	$59,964,000	2.44%
Southern Company	No change 766,000	$59,419,000	2.42%
Caterpillar Inc.	No change 177,000	$58,959,000	2.40%
Cisco Systems, Inc.	No change 1,208,600	$57,421,000	2.34%
Duke Energy Corp.	No change 560,731	$56,202,000	2.29%
Sysco Corp.	No change 784,700	$56,020,000	2.28%
Emerson Electric Co.	No change 505,600	$55,697,000	2.27%
Ww Grainger	No change 61,000	$55,037,000	2.24%
Hubbell Inc.	No change 148,000	$54,091,000	2.20%
Kimberly-Clark Corp.	No change 383,200	$52,958,000	2.16%
Paychex Inc.	No change 428,600	$50,815,000	2.07%
United Parcel Service, Inc.	No change 365,600	$50,032,000	2.04%
Arthur J Gallagher	No change 190,800	$49,476,000	2.01%
Johnson & Johnson	No change 329,000	$48,087,000	1.96%
Lockheed Martin Corp.	No change 100,800	$47,084,000	1.92%
Illinois Tool	No change 198,500	$47,037,000	1.92%
Cincinnati Financial Corp.	No change 395,100	$46,661,000	1.90%
Cardinal Health, Inc.	No change 471,000	$46,309,000	1.89%
Pfizer Inc.	No change 1,614,700	$45,179,000	1.84%
Msc Industrial Cl A	No change 565,200	$44,826,000	1.83%
Valero Energy Corp.	No change 284,500	$44,598,000	1.82%
Evergy Inc	No change 830,246	$43,978,000	1.79%
Phillips 66	No change 280,600	$39,612,000	1.61%
Genuine Parts Co.	No change 285,500	$39,490,000	1.61%
Eversource Energy	No change 644,183	$36,532,000	1.49%
Dow Inc	No change 646,000	$34,270,000	1.40%
Allete, Inc.	No change 541,100	$33,738,000	1.37%
American Electric Power Company Inc.	No change 366,300	$32,139,000	1.31%
Eastman Chemical Co	No change 326,500	$31,987,000	1.30%
Spire Inc.	No change 523,000	$31,762,000	1.29%
Kellanova Co	0.83% 537,500	$31,003,000	1.26%
Oge Energy Corp.	No change 862,500	$30,791,000	1.25%
Sonoco Products Co.	No change 580,200	$29,428,000	1.20%
Public Service Enterprise Group Inc.	No change 392,500	$28,927,000	1.18%
Xcel Energy Inc.	No change 515,600	$27,538,000	1.12%
WEC Energy Group Inc	No change 332,331	$26,075,000	1.06%
Bristol-Myers Squibb Co.	No change 608,750	$25,281,000	1.03%
Black Hills Corporation	No change 414,000	$22,513,000	0.92%
Avista Corp.	No change 597,500	$20,679,000	0.84%
Us Bancorp	No change 480,000	$19,056,000	0.78%
General Mills, Inc.	No change 283,500	$17,934,000	0.73%
Northern Trust Corp.	No change 160,500	$13,479,000	0.55%
T. Rowe Price Group Inc.	No change 110,000	$12,684,000	0.52%
Donegal Group Inc.	No change 425,500	$5,480,000	0.22%
No transactions found
Showing first 500 out of 54 holdings