SRB Corp Portfolio holdings

AUM $1.53B

This Quarter Return

-2.78%

1 Year Return

-3.76%

3 Year Return

+20.63%

5 Year Return

+79.27%

10 Year Return

+189.08%

AUM

$1.53B

AUM Growth

-$211M (-12%)

Cap. Flow

-$155M

Cap. Flow % of AUM

-10.14%

Top 10 Holdings %Top 10 Hldgs %

71.76%

Holding

New

Increased

Reduced

Closed

Top Buys

1	Technology Select Sector SPDR Fund XLK	$106M
2	The Communication Services Select Sector SPDR Fund XLC	$65.5M
3	Materials Select Sector SPDR Fund XLB	$59.7M
4	Intel INTC	$49.6M
5	Consumer Discretionary Select Sector SPDR Fund XLY	$11.8M

Top Sells

1	Vanguard Information Technology ETF VGT	$170M
2	Sherwin-Williams SHW	$49.4M
3	Berkshire Hathaway Class B BRK.B	$48.4M
4	Reliance Steel & Aluminium RS	$39.5M
5	Comcast CMCSA	$37M

Sector Composition

1	Technology	20.2%
2	Financials	16.08%
3	Healthcare	10.29%
4	Industrials	9.56%
5	Consumer Discretionary	9.53%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 Microsoft MSFT $3.79T	$260M	16.97%	693,012 -55,715	-7%	-$20.9M
2	2 Safety Insurance SAFT $1.09B	$145M	9.48%	1,842,284	–	–
3	3 Merck MRK $201B	$112M	7.29%	1,245,536 -51,897	-4%	-$4.66M
4	4 Technology Select Sector SPDR Fund XLK $82.4B	$106M	6.89%	+511,482	New	+$106M
5	5 RenaissanceRe RNR $11.5B	$101M	6.6%	421,659 -22,192	-5%	-$5.33M
6	6 Amazon AMZN $2.4T	$93.3M	6.08%	490,272	–	–
7	7 GE Aerospace GE $279B	$76.6M	5%	382,754 -13,825	-3%	-$2.77M
8	8 W.W. Grainger GWW $49.4B	$69.9M	4.56%	70,760 -1,258	-2%	-$1.24M
9	9 The Communication Services Select Sector SPDR Fund XLC $23.7B	$68.9M	4.49%	714,509 +679,569	+1,945%	+$65.5M
10	10 Walmart WMT $759B	$67.4M	4.39%	767,502	–	–
11	11 Materials Select Sector SPDR Fund XLB $5.49B	$62.8M	4.1%	730,289 +694,800	+1,958%	+$59.7M
12	12 Toyota TM $220B	$52.8M	3.44%	298,992 -99,664	-25%	-$17.6M
13	13 Intel INTC $101B	$49.6M	3.24%	+2,185,098	New	+$49.6M
14	14 Procter & Gamble PG $364B	$47.8M	3.12%	280,762	–	–
15	15 CVS Health CVS $78.4B	$46M	3%	678,988 -452,658	-40%	-$30.7M
16	16 Sherwin-Williams SHW $85.2B	$39.1M	2.55%	112,070 -141,390	-56%	-$49.4M
17	17 Comcast CMCSA $129B	$37.2M	2.42%	1,007,150 -1,002,697	-50%	-$37M
18	18 Alphabet (Google) Class A GOOGL $2.25T	$36.2M	2.36%	234,211 -193,882	-45%	-$30M
19	19 Reliance Steel & Aluminium RS $17.7B	$28.4M	1.85%	98,231 -136,844	-58%	-$39.5M
20	20 Consumer Discretionary Select Sector SPDR Fund XLY $22.7B	$15.3M	1%	77,270 +59,578	+337%	+$11.8M
21	21 Health Care Select Sector SPDR Fund XLV $33.3B	$8.55M	0.56%	58,591 +34,162	+140%	+$4.99M
22	22 Consumers Staples Select Sector SPDR Fund XLP $16B	$4.87M	0.32%	59,584 +33,319	+127%	+$2.72M
23	23 Industrial Select Sector SPDR Fund XLI $22.5B	$4.41M	0.29%	33,621 +13,037	+63%	+$1.71M
24	24 Berkshire Hathaway Class B BRK.B $1.02T	–	–	-106,799	Closed	-$48.4M
25	25 Vanguard Information Technology ETF VGT $97.3B	–	–	-272,826	Closed	-$170M