SECURIAN ASSET MANAGEMENT, INC — 13F Holdings & Portfolio

CIK 1035350 · latest 13F-HR filed 2026-11-06

SECURIAN ASSET MANAGEMENT, INC manages $2.76B in 13F-reported U.S. long-equity assets across 925 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are VOO (9.33%), NVDA (5.19%), AAPL (4.57%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 10 new positions and exited 11; 170 existing positions rose in reported value and 541 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM
$2.76B

Long-equity book

Holdings
925

Distinct positions

Period
2026-09-30

Filed 2026-11-06

Q/Q Activity
+10 / −11 / ↑170 / ↓541

vs 2026-06-30

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q3 26

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q2 26 → Q3 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 37.5%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 31, 2026.

Assets Under Management
$41.56B
Discretionary
$40.98B
Employees
70
Accounts
398
Name Title / Status Ownership Type
HESHELMAN, JOHNATHAN, IVAN ControlEXECUTIVE VICE PRESIDENT AND CHIEF INVESTMENT OFFICER, DIRECTOR
since Jun 2025
Less than 5%Individual
HUOVINEN, SUZETTE, LOUISE ControlPRESIDENT; CEO; DIRECTOR
since Jan 2023
Less than 5%Individual
SECURIAN FINANCIAL GROUP, INC. ControlSOLE DIRECT OWNER
since Jan 2002
75% or moreDomestic Entity
STEINERT, MICHAEL, THOMAS ControlSENIOR VICE PRESIDENT; CHIEF OPERATING OFFICER; HEAD OF FINANCE; DIRECTOR
since Aug 2021
Less than 5%Individual
WOLF, JENNIFER, LOUISE ControlSENIOR VICE PRESIDENT; CHIEF LEGAL OFFICER
since Sep 2016
Less than 5%Individual
PARRUCCI, JESSICA, LYNNVICE PRESIDENT; CHIEF COMPLIANCE OFFICER
since Aug 2024
Less than 5%Individual
MINNESOTA MUTUAL COMPANIES, INC. Control
Indirect owner via SECURIAN HOLDING COMPANY
SHAREHOLDER
since Oct 1998
75% or moreDomestic Entity
SECURIAN HOLDING COMPANY Control
Indirect owner via SECURIAN FINANCIAL GROUP, INC.
SHAREHOLDER
since Oct 1998
75% or moreDomestic Entity
Ownership & leadership changes · 16 filings with changes since Mar 30, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Mar 31, 2026 filing
  • No longer listedEHREN, ROBERT, JOHN · DIRECTOR · Less than 5% · control person · listed since May 2017
  • ChangedHESHELMAN, JOHNATHAN, IVAN · title EXECUTIVE VICE PRESIDENT AND CHIEF INVESTMENT OFFICER → EXECUTIVE VICE PRESIDENT AND CHIEF INVESTMENT OFFICER, DIRECTOR
Jul 21, 2025 filing
  • AddedHESHELMAN, JOHNATHAN, IVAN · EXECUTIVE VICE PRESIDENT AND CHIEF INVESTMENT OFFICER · Less than 5% · control person
  • ChangedHUOVINEN, SUZETTE, LOUISE · title PRESIDENT; CEO; INTERIM CHIEF INVESTMENT OFFICER; DIRECTOR → PRESIDENT; CEO; DIRECTOR
Apr 1, 2025 filing
  • No longer listedNANNEN, WEN, ZHANG · EXECUTIVE VICE PRESIDENT; DIRECTOR · Less than 5% · control person · listed since Jul 2023
  • ChangedSTEINERT, MICHAEL, THOMAS · title SENIOR VICE PRESIDENT; CHIEF OPERATING OFFICER; HEAD OF FINANCE → SENIOR VICE PRESIDENT; CHIEF OPERATING OFFICER; HEAD OF FINANCE; DIRECTOR
Mar 31, 2025 filing
  • ChangedHUOVINEN, SUZETTE, LOUISE · title PRESIDENT; CEO; DIRECTOR → PRESIDENT; CEO; INTERIM CHIEF INVESTMENT OFFICER; DIRECTOR
  • ChangedNANNEN, WEN, ZHANG · title EXECUTIVE VICE PRESIDENT; CHIEF INVESTMENT OFFICER; DIRECTOR → EXECUTIVE VICE PRESIDENT; DIRECTOR
Aug 29, 2024 filing
  • No longer listedTHIBODEAUX, PAUL, JASON · SENIOR VICE PRESIDENT; CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Aug 2023
  • AddedPARRUCCI, JESSICA, LYNN · VICE PRESIDENT; CHIEF COMPLIANCE OFFICER · Less than 5%
Sep 6, 2023 filing
  • No longer listedBERLUTE, PETER, GORDON · DIRECTOR · Less than 5% · control person · listed since Dec 2017
  • No longer listedMCGARRY, ANN, PILON · DIRECTOR · Less than 5% · control person · listed since Dec 2017
  • No longer listedO'CONNELL, SEAN, MITCHELL · CHIEF INVESTMENT OFFICER, DIRECTOR · Less than 5% · control person · listed since Jul 2021
  • No longer listedPEDIGO, JENNIFER, LYNNE MAULDIN · SENIOR VICE PRESIDENT; DIRECTOR · Less than 5% · control person · listed since Mar 2021
  • AddedNANNEN, WEN, ZHANG · EXECUTIVE VICE PRESIDENT; CHIEF INVESTMENT OFFICER; DIRECTOR · Less than 5% · control person
  • AddedTHIBODEAUX, PAUL, JASON · SENIOR VICE PRESIDENT; CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • ChangedHUOVINEN, SUZETTE, LOUISE · title PRESIDENT AND CEO → PRESIDENT; CEO; DIRECTOR
  • ChangedSTEINERT, MICHAEL, THOMAS · title SENIOR VICE PRESIDENT; CHIEF COMPLIANCE OFFICER; CHIEF OPERATING OFFICER; HEAD OF FINANCE → SENIOR VICE PRESIDENT; CHIEF OPERATING OFFICER; HEAD OF FINANCE
Mar 30, 2023 filing
  • No longer listedSTAPLETON-CORCORAN, CRAIG, MICHAEL · SENIOR VICE PRESIDENT; DIRECTOR · Less than 5% · control person · listed since Dec 2017
  • AddedHUOVINEN, SUZETTE, LOUISE · PRESIDENT AND CEO · Less than 5% · control person
  • ChangedO'CONNELL, SEAN, MITCHELL · title PRESIDENT; DIRECTOR → CHIEF INVESTMENT OFFICER, DIRECTOR
Mar 31, 2022 filing
  • AddedPEDIGO, JENNIFER, LYNNE MAULDIN · SENIOR VICE PRESIDENT; DIRECTOR · Less than 5% · control person
  • ChangedO'CONNELL, SEAN, MITCHELL · title PRESIDENT → PRESIDENT; DIRECTOR
  • ChangedSTAPLETON-CORCORAN, CRAIG, MICHAEL · title DIRECTOR → SENIOR VICE PRESIDENT; DIRECTOR
  • ChangedSTEINERT, MICHAEL, THOMAS · title SENIOR VICE PRESIDENT; CHIEF COMPLIANCE OFFICER; CHIEF OPERATIONS OFFICER; HEAD OF FINANCE → SENIOR VICE PRESIDENT; CHIEF COMPLIANCE OFFICER; CHIEF OPERATING OFFICER; HEAD OF FINANCE
Sep 1, 2021 filing
  • No longer listedKLEIST, GARY, MICHAEL · FINANCIAL VICE PRESIDENT; DIRECTOR · Less than 5% · control person · listed since Mar 2001
  • No longer listedKUPLIC, DAVID, MICHAEL · PRESIDENT; DIRECTOR · Less than 5% · control person · listed since Nov 2017
  • AddedO'CONNELL, SEAN, MITCHELL · PRESIDENT · Less than 5% · control person
  • ChangedSTEINERT, MICHAEL, THOMAS · title VICE PRESIDENT; CHIEF COMPLIANCE OFFICER → SENIOR VICE PRESIDENT; CHIEF COMPLIANCE OFFICER; CHIEF OPERATIONS OFFICER; HEAD OF FINANCE
  • ChangedWOLF, JENNIFER, LOUISE · title VICE PRESIDENT; CHIEF LEGAL OFFICER → SENIOR VICE PRESIDENT; CHIEF LEGAL OFFICER
Mar 30, 2018 filing
  • No longer listedMINNESOTA MUTUAL COMPANIES · SHAREHOLDER · 75% or more · indirect via SECURIAN HOLDING COMPANY · control person · listed since Oct 1998
  • No longer listedSECURIAN FINANCIAL GROUP · SOLE DIRECT OWNER · 75% or more · control person · listed since Jan 2002
  • AddedBERLUTE, PETER, GORDON · DIRECTOR · Less than 5% · control person
  • AddedMCGARRY, ANN, PILON · DIRECTOR · Less than 5% · control person
  • AddedMINNESOTA MUTUAL COMPANIES, INC. · SHAREHOLDER · 75% or more · indirect via SECURIAN HOLDING COMPANY · control person
  • AddedSECURIAN FINANCIAL GROUP, INC. · SOLE DIRECT OWNER · 75% or more · control person
  • AddedSTAPLETON-CORCORAN, CRAIG, MICHAEL · DIRECTOR · Less than 5% · control person
  • ChangedSTEINERT, MICHAEL, THOMAS · title VICE PRESIDENT & CHIEF COMPLIANCE OFFICER → VICE PRESIDENT; CHIEF COMPLIANCE OFFICER
Older changes (7 more filings)
Dec 18, 2017 filing
  • No longer listedSEBALD, CHRISTOPHER, ROMAN · PRESIDENT; CHIEF INVESTMENT OFFICER; DIRECTOR · Less than 5% · control person · listed since Jun 2007
  • ChangedKUPLIC, DAVID, MICHAEL · title EXECUTIVE VICE PRESIDENT; DIRECTOR → PRESIDENT; DIRECTOR
Aug 15, 2017 filing
  • ChangedEHREN, ROBERT, JOHN · now a control person
  • ChangedKLEIST, GARY, MICHAEL · title FINANCIAL VICE PRESIDENT; DIRECTOR / INTERIM CHIEF COMPLIANCE OFFICER → FINANCIAL VICE PRESIDENT; DIRECTOR
  • ChangedSTEINERT, MICHAEL, THOMAS · title DIRECTOR → VICE PRESIDENT & CHIEF COMPLIANCE OFFICER; now a control person
Jun 14, 2017 filing
  • No longer listedBENTLEY, ERIC, JON · DIRECTOR · Less than 5% · listed since Feb 2012
  • No longer listedSpicer, Todd, Lewis · VICE PRESIDENT; CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Sep 2016
  • No longer listedZACCARO, WARREN, JOHN · DIRECTOR · Less than 5% · control person · listed since Jul 2005
  • AddedEHREN, ROBERT, JOHN · DIRECTOR · Less than 5%
  • AddedSTEINERT, MICHAEL, THOMAS · DIRECTOR · Less than 5%
  • ChangedKLEIST, GARY, MICHAEL · title FINANCIAL VICE PRESIDENT; DIRECTOR → FINANCIAL VICE PRESIDENT; DIRECTOR / INTERIM CHIEF COMPLIANCE OFFICER
Oct 7, 2016 filing
  • No longer listedBAILEY, VICKI, LYNN · VICE PRESIDENT - INVESTMENT LAW; CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Nov 2003
  • AddedSpicer, Todd, Lewis · VICE PRESIDENT; CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • AddedWOLF, JENNIFER, LOUISE · VICE PRESIDENT; CHIEF LEGAL OFFICER · Less than 5% · control person
Apr 1, 2013 filing
  • No longer listedSENKLER, ROBERT, LEO · PRESIDENT · Less than 5% · control person · listed since Apr 2007
  • ChangedSEBALD, CHRISTOPHER, ROMAN · title EXECUTIVE VICE PRESIDENT; CHIEF INVESTMENT OFFICER; DIRECTOR → PRESIDENT; CHIEF INVESTMENT OFFICER; DIRECTOR
Sep 20, 2012 filing
  • AddedBENTLEY, ERIC, JON · DIRECTOR · Less than 5%
Mar 30, 2012 filing (earliest on record)
  • ListedBAILEY, VICKI, LYNN · VICE PRESIDENT - INVESTMENT LAW; CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • ListedKLEIST, GARY, MICHAEL · FINANCIAL VICE PRESIDENT; DIRECTOR · Less than 5% · control person
  • ListedKUPLIC, DAVID, MICHAEL · EXECUTIVE VICE PRESIDENT; DIRECTOR · Less than 5% · control person
  • ListedMINNESOTA MUTUAL COMPANIES · SHAREHOLDER · 75% or more · indirect via SECURIAN HOLDING COMPANY · control person
  • ListedSEBALD, CHRISTOPHER, ROMAN · EXECUTIVE VICE PRESIDENT; CHIEF INVESTMENT OFFICER; DIRECTOR · Less than 5% · control person
  • ListedSECURIAN FINANCIAL GROUP · SOLE DIRECT OWNER · 75% or more · control person
  • ListedSECURIAN HOLDING COMPANY · SHAREHOLDER · 75% or more · indirect via SECURIAN FINANCIAL GROUP, INC. · control person
  • ListedSENKLER, ROBERT, LEO · PRESIDENT · Less than 5% · control person
  • ListedZACCARO, WARREN, JOHN · DIRECTOR · Less than 5% · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

SECURIAN ASSET MANAGEMENT, INC Holdings (2026-09-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 VANGUARD INDEX FDS VOO 922908363 $258.0M 9.33% 368,111 SH
2 NVIDIA CORPORATION NVDA 67066G104 $143.6M 5.19% 628,608 SH
3 APPLE INC AAPL 037833100 $126.2M 4.57% 379,092 SH
4 MICROSOFT CORP MSFT 594918104 $98.9M 3.58% 192,882 SH
5 ISHARES TR HDV 46429B663 $96.6M 3.49% 3,455,010 SH
6 ISHARES TR USMV 46429B697 $77.2M 2.79% 792,087 SH
7 AMAZON COM INC AMZN 023135106 $63.5M 2.30% 254,964 SH
8 ISHARES TR EFAV 46429B689 $62.2M 2.25% 682,769 SH
9 ISHARES TR IVV 464287200 $58.0M 2.10% 75,675 SH
10 ALPHABET INC GOOGL 02079K305 $52.4M 1.90% 152,426 SH
11 SCHWAB STRATEGIC TR SCHD 808524797 $51.4M 1.86% 1,581,000 SH
12 INVESCO EXCH TRADED FD TR II SPLV 46138E354 $48.7M 1.76% 690,000 SH
13 BROADCOM INC AVGO 11135F101 $43.4M 1.57% 123,565 SH
14 ALPHABET INC GOOG 02079K107 $42.1M 1.52% 123,469 SH
15 META PLATFORMS INC META 30303M102 $41.6M 1.50% 57,313 SH
16 MICRON TECHNOLOGY INC MU 595112103 $31.2M 1.13% 29,331 SH
17 TESLA INC TSLA 88160R101 $26.0M 0.94% 73,206 SH
18 ADVANCED MICRO DEVICES INC AMD 007903107 $25.9M 0.94% 42,404 SH
19 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $25.2M 0.91% 33,000 SH
20 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $24.1M 0.87% 48,377 SH
21 ELI LILLY & CO LLY 532457108 $24.0M 0.87% 20,784 SH
22 JPMORGAN CHASE & CO JPM 46625H100 $22.8M 0.83% 69,048 SH
23 ISHARES TR IDV 464288448 $21.1M 0.76% 500,000 SH
24 ISHARES TR USIG 464288620 $21.0M 0.76% 430,517 SH
25 ISHARES TR IDEV 46435G326 $20.7M 0.75% 231,229 SH
26 JOHNSON & JOHNSON JNJ 478160104 $16.6M 0.60% 62,598 SH
27 ISHARES INC EEMV 464286533 $15.9M 0.58% 215,206 SH
28 VISA INC V 92826C839 $15.9M 0.58% 44,265 SH
29 INTEL CORP INTC 458140100 $15.5M 0.56% 129,071 SH
30 ISHARES U S ETF TR NEAR 46431W507 $14.1M 0.51% 283,620 SH
31 WALMART INC WMT 931142103 $12.0M 0.44% 115,761 SH
32 ABBVIE INC ABBV 00287Y109 $12.0M 0.43% 45,902 SH
33 MASTERCARD INCORPORATED MA 57636Q104 $11.6M 0.42% 20,958 SH
34 PALANTIR TECHNOLOGIES INC PLTR 69608A108 $11.2M 0.40% 59,762 SH
35 CISCO SYS INC CSCO 17275R102 $11.0M 0.40% 102,381 SH
36 ISHARES INC EWG 464286806 $11.0M 0.40% 265,791 SH
37 LAM RESEARCH CORP LRCX 512807306 $10.7M 0.39% 32,504 SH
38 APPLIED MATLS INC AMAT 038222105 $10.5M 0.38% 20,611 SH
39 CHEVRON CORPORATION CVX 166764100 $10.5M 0.38% 51,321 SH
40 COSTCO WHOLESALE CORPORATION COST 22160K105 $10.4M 0.38% 11,478 SH
41 CATERPILLAR INC CAT 149123101 $9.7M 0.35% 11,920 SH
42 MERCK & CO INC MRK 58933Y105 $9.3M 0.34% 64,086 SH
43 BANK OF AMER CORP BAC 060505104 $9.2M 0.33% 168,925 SH
44 SPDR INDEX SHS FDS SPEM 78463X509 $9.0M 0.32% 173,260 SH
45 PROCTER & GAMBLE CO PG 742718109 $8.8M 0.32% 60,378 SH
46 COCA COLA CO KO 191216100 $8.7M 0.31% 100,585 SH
47 UNITEDHEALTH GROUP INC UNH 91324P102 $8.6M 0.31% 23,315 SH
48 ISHARES INC DVYE 464286319 $8.5M 0.31% 250,000 SH
49 GE AEROSPACE GE 369604301 $8.4M 0.30% 26,951 SH
50 PALO ALTO NETWORKS INC PANW 697435105 $8.4M 0.30% 21,165 SH
Filing History
Period Filed AUM Holdings Accession
2026-09-30 2026-11-06 $2.76B 925 0001104659-26-123638
2026-06-30 2026-07-23 $2.78B 926 0001104659-26-086012
2026-03-31 2026-05-01 $2.53B 925 0001104659-26-053425
2025-12-31 2026-02-04 $2.64B 928 0001104659-26-010014
Filer Information
Address
400 ROBERT ST NORTH
ST PAUL, MN 55101
Phone
(651) 665-6918
Filing Manager
SECURIAN ASSET MANAGEMENT, INC
ST PAUL, MN
Signatory
Suzette Huovinen
President