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.
Long-equity book
Distinct positions
Filed 2026-11-06
vs 2026-06-30
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q3 26Box 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 valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q2 26 → Q3 26Estimated 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 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe 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.
As of the firm’s regulatory filing dated Mar 31, 2026.
ST PAUL, MN 55101-2098
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| HESHELMAN, JOHNATHAN, IVAN Control | EXECUTIVE VICE PRESIDENT AND CHIEF INVESTMENT OFFICER, DIRECTOR since Jun 2025 | Less than 5% | Individual |
| HUOVINEN, SUZETTE, LOUISE Control | PRESIDENT; CEO; DIRECTOR since Jan 2023 | Less than 5% | Individual |
| SECURIAN FINANCIAL GROUP, INC. Control | SOLE DIRECT OWNER since Jan 2002 | 75% or more | Domestic Entity |
| STEINERT, MICHAEL, THOMAS Control | SENIOR VICE PRESIDENT; CHIEF OPERATING OFFICER; HEAD OF FINANCE; DIRECTOR since Aug 2021 | Less than 5% | Individual |
| WOLF, JENNIFER, LOUISE Control | SENIOR VICE PRESIDENT; CHIEF LEGAL OFFICER since Sep 2016 | Less than 5% | Individual |
| PARRUCCI, JESSICA, LYNN | VICE 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 more | Domestic Entity |
| SECURIAN HOLDING COMPANY Control Indirect owner via SECURIAN FINANCIAL GROUP, INC. | SHAREHOLDER since Oct 1998 | 75% or more | Domestic 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.
- 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
- 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
- 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
- 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
- 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%
- 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
- 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
- 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
- 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
- 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)
- 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
- 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
- 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
- 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
- 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
- AddedBENTLEY, ERIC, JON · DIRECTOR · Less than 5%
- 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.
Top Adds (vs prior quarter)
- VANGUARD INDEX FDS$91.7M +55.1%
- MICROSOFT CORP$21.2M +27.3%
- NVIDIA CORPORATION$13.0M +10.0%
- MICRON TECHNOLOGY INC$5.8M +22.7%
- ADVANCED MICRO DEVICES INC$4.5M +20.8%
Top Trims
- ISHARES TR-$88.1M -60.3%
- INVESCO EXCH TRADED FD TR II-$4.2M -7.9%
- BROADCOM INC-$3.3M -7.0%
- TESLA INC-$2.5M -8.8%
- UNITEDHEALTH GROUP INC-$1.7M -16.8%
New Positions
- BLOOM ENERGY CORP$2.1M
- FERGUSON ENTERPRISES INC$1.1M
- SUN CMNTYS INC$991.3K
- CORCEPT THERAPEUTICS INC$805.2K
- AGNC INVT CORP$789.9K
Exited Positions
- ONEOK INC NEW$1.6M
- ELECTRONIC ARTS INC$1.3M
- WEBSTER FINL CORP$904.5K
- AVALONBAY CMNTYS INC$718.9K
- TAYLOR MORRISON HOME CORP$497.0K
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 |
| 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 |
ST PAUL, MN 55101