13F
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CINCINNATI INSURANCE CO

13F equity value
$6.6B
Positions
63
Top 10 concentration
45.1%
Quarters / total new picks
22 / 48
13F equity value over time
$0M$3B$7B2017201820192020202120222023202420252026

"13F equity value" = market value of this filer's US-listed long equity positions only. It excludes cash, bonds, non-US and short positions, so it understates a fund's true assets under management — often by a lot.

Not significant Verdict

13F holdings are disclosed ~45 days after quarter-end, and they never reveal when within the quarter a fund actually bought. So any 13F-based summary is structurally late and blurred — this applies to every fund, including this one.

We backtested copying it anyway. Buying this fund's new positions the day each filing went public, over 22 quarters, returned +2.0% per quarter — versus +3.7% per quarter from simply owning every 13F stock. It beat that baseline in only 36.4% of quarters (excess t = -1.03, not statistically significant). Its filings tell you what it bought — not what you should buy.

Avg 2Q excess
-3.6%
t-stat
-1.03
Quarterly win rate
36%
Annualized excess
-7.4%
$1 → follow vs universe
$1.42 vs $2.05
Cumulative return: $1 invested in new picks vs universe
1.00 20180331: universe 1.04120180630: universe 0.95920180930: universe 1.00320181231: universe 0.99220190331: universe 0.97520190630: universe 1.04820190930: universe 1.12720191231: universe 0.90920200331: universe 1.09620200630: universe 1.21120200930: universe 1.48520210630: universe 1.60420220331: universe 1.72220220630: universe 1.59520230331: universe 1.68120230630: universe 1.62020231231: universe 1.69320240331: universe 1.73120240630: universe 1.88820241231: universe 1.76220250930: universe 1.98220251231: universe 2.050 20180331: follow 1.10020180630: follow 1.17120180930: follow 1.14420181231: follow 1.30120190331: follow 1.18220190630: follow 1.23020190930: follow 1.30120191231: follow 1.05320200331: follow 1.13920200630: follow 1.23320200930: follow 1.40120210630: follow 1.48320220331: follow 1.45120220630: follow 1.27420230331: follow 1.12820230630: follow 1.08820231231: follow 1.09720240331: follow 1.18520240630: follow 1.35520241231: follow 1.35020250930: follow 1.32320251231: follow 1.418 0.84 1.53 2.21 20182019202020212022202320242025 Follow Universe

Quarterly compounding, invested quarters only · entry 47 days after quarter-end (when 13F data becomes public)

Listed as facts. See the verdict above before treating this as signal.

Top 20 holdings of 63 · 2026 Q1

Ticker Value Weight QoQ
JPM $445M
6.7%
HOLD
MSFT $438M
6.6%
HOLD
CMI $313M
4.7%
TRIM
ABBV $306M
4.6%
HOLD
JNJ $261M
3.9%
HOLD
RTX $216M
3.3%
HOLD
XOM $199M
3.0%
HOLD
PEP $193M
2.9%
HOLD
ADI $180M
2.7%
HOLD
TJX $154M
2.3%
HOLD
PG $148M
2.2%
HOLD
APD $136M
2.1%
HOLD
CVX $132M
2.0%
HOLD
ACN $122M
1.8%
HOLD
MCD $121M
1.8%
HOLD
ABT $119M
1.8%
HOLD
USB $114M
1.7%
HOLD
WEC $113M
1.7%
HOLD
BLK $111M
1.7%
HOLD
AAPL $107M
1.6%
HOLD

QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.

Listed as facts. See the verdict above before treating this as signal.

New positions in 2026 Q1

SSBTMOXYL

Method & Limitations

Method: a "new position" = held this quarter, absent last quarter (options excluded; stocks with <50 prior holders excluded to filter spin-off artifacts). Entry 47 days after quarter-end — the first day the public could act on the filing. Benchmark = equal-weighted universe of all 13F-held stocks. Limitations: quarterly snapshots can't see intra-quarter trades; survivorship bias — funds that shut down are absent, which flatters the sample. Statistics, not advice.