WHITE MOUNTAINS INSURANCE GROUP LTD — 13F Holdings & Portfolio

CIK 776867 · latest 13F-HR filed 2026-08-12

WHITE MOUNTAINS INSURANCE GROUP LTD manages $393.6M in 13F-reported U.S. long-equity assets across 2 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are MAX (57.03%), SPY (42.97%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 0 new positions, exited 0, added to 2, and trimmed 0.

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.

Filer Information
Address
23 SOUTH MAIN STREET
SUITE 3B
HANOVER, NH 03755
Phone
(603) 640-2200
Filing Manager
WHITE MOUNTAINS INSURANCE GROUP LTD
Hanover, NH
Signatory
Michaela J. Hildreth
Managing Director and Chief Accounting Officer
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AUM

$393.6M

Long-equity book

Holdings

2

Distinct positions

Period

2026-06-30

Filed 2026-08-12

Q/Q Activity

+0 / −0 / ↑2 / ↓0

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • MEDIAALPHA INC$58.4M +35.2%
  • SPDR S&P 500 ETF TR$21.8M +14.8%
Show all 2

Top Trims

  • No decreased positions.
Show all 0

New Positions

  • No new positions this quarter.
Show all 0

Exited Positions

  • No exits this quarter.
Show all 0
All Holdings

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 MEDIAALPHA INC MAX 58450V104 $224.5M 57.03% 17,856,614 SH
2 SPDR S&P 500 ETF TR SPY 78462F103 $169.1M 42.97% 226,500 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-12 $393.6M 2 0001104659-26-094905
2026-03-31 2026-05-12 $313.4M 2 0001104659-26-059351
2025-12-31 2026-02-12 $261.9M 2 0001104659-26-014432
2025-09-30 2025-11-13 $203.2M 1 0001104659-25-110906
2021-09-30 2021-11-12 $316.4K 1 0001104659-21-137569
2021-06-30 2021-08-12 $713.2K 1 0001104659-21-104158