Old Republic International Discloses Q4 2023 Equity Holdings

TL;DR

**ORI's Q4 2023 13F shows big bets on tech, consumer staples, and energy.**

AI Summary

Old Republic International Corp. (ORI) filed its 13F-HR on February 7, 2024, revealing its equity holdings as of December 31, 2023. The filing shows ORI holds significant positions in various companies, including 1,208,600 shares of Cisco Systems, 1,042,300 shares of Coca-Cola, and 725,000 shares of Exxon Mobil. This matters to investors because it provides transparency into how ORI, a major insurance company, is allocating its investment portfolio, which can influence its overall financial stability and future returns.

Why It Matters

This filing offers a look into Old Republic International's investment strategy, showing where the company is putting its capital, which can impact its profitability and risk exposure.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of past holdings and does not indicate any immediate new risks or changes to the company's operations.

Analyst Insight

Investors should review Old Republic International's disclosed holdings to understand its investment philosophy and how it aligns with their own risk tolerance and sector preferences. This filing provides a snapshot of past decisions, not future intent.

Key Numbers

• 1,208,600 SH — Cisco Systems shares held (Represents Old Republic International's largest disclosed equity holding by share count.)
• 1,042,300 SH — Coca-Cola shares held (Indicates a significant investment in a stable consumer staple company.)
• 725,000 SH — Exxon Mobil shares held (Shows a substantial position in the energy sector.)
• 20231231 — Conformed Period of Report (The date as of which the reported holdings are accurate.)
• 20240207 — Filed As Of Date (The date the 13F-HR filing was officially submitted to the SEC.)

Key Players & Entities

• OLD REPUBLIC INTERNATIONAL CORP (company) — the filer of the 13F-HR
• Phillip Schutt (person) — Sr. Vice President - Investments, who signed the filing
• Cisco Systems (company) — a company in which ORI holds 1,208,600 shares
• Coca-Cola (company) — a company in which ORI holds 1,042,300 shares
• Exxon Mobil (company) — a company in which ORI holds 725,000 shares
• December 31, 2023 (date) — the period of report for the disclosed holdings

Forward-Looking Statements

• Old Republic International will likely maintain its significant positions in stable, dividend-paying companies like Coca-Cola and Exxon Mobil in the near term. (OLD REPUBLIC INTERNATIONAL CORP) — medium confidence, target: Q1 2024
• The company's investment strategy will continue to favor a diversified portfolio across various sectors, including technology, utilities, and industrials. (OLD REPUBLIC INTERNATIONAL CORP) — high confidence, target: Mid-2024

FAQ

Filing Documents

• primary_doc.html (13F-HR)
• primary_doc.xml (13F-HR) — 2KB
• information_table.html (INFORMATION TABLE)
• information_table.xml (INFORMATION TABLE) — 21KB
• 0000074260-24-000009.txt ( ) — 24KB

From the Filing

SEC FORM 13F-HR The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. The reader should not assume that the information is accurate and complete. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE OMB APPROVAL OMB Number: 3235-0006 Estimated average burden hours per response: 23.8 Report for the Calendar Year or Quarter Ended: 12-31-2023 Check here if Amendment    Amendment Number: This Amendment (Check only one.):    is a restatement.    adds new holdings entries. Institutional Investment Manager Filing this Report: Name: OLD REPUBLIC INTERNATIONAL CORP Address: 307 N MICHIGAN AVE CHICAGO , IL   60601 Form 13F File Number: 028-15996 CRD Number (if applicable): The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Philip Schutt Title: Sr. Vice President - Investments Phone: 312-346-8100 Signature, Place, and Date of Signing: /s/ Phillip Schutt Chicago ,  IL 02-06-2024 [Signature] [City, State] [Date] Report Type (Check only one.): X 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)    13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)    13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F Summary Page Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 58 Form 13F Information Table Value Total: 2,653,850 (round to nearest dollar) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state “NONE” and omit the column headings and list entries.] NONE

View Full Filing

View this 13F-HR filing on SEC EDGAR