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White Mountains Insurance Group Ltd

WTM
Exchange
NYSE
Industry
Fire, Marine & Casualty Insurance
SEC CIK
0000776867

No open-market purchases or sales by White Mountains Insurance Group Ltd insiders were filed in the last 90 days; 356 institutions reported holding it in 13F filings for Q2 2026, worth $4.57B in total; Southeastern Asset Management (Longleaf) is the only superinvestor holding it.

13F holders, Q3 2025

Institutional positions in White Mountains Insurance Group Ltd as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
338
+17 vs. Q2 2025
Shares held
2.33M
+39.1K (+1.7%) vs. Q2 2025
Total value
$3.89B
−$216.4M (−5.3%) vs. Q2 2025
New holders
44
105 more added
Sold out
27
103 more reduced

4 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting WTM on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 338 institutions
Q1 2021: 245 institutionsQ2 2021: 233 institutionsQ3 2021: 232 institutionsQ4 2021: 243 institutionsQ1 2022: 244 institutionsQ2 2022: 259 institutionsQ3 2022: 251 institutionsQ4 2022: 265 institutionsQ1 2023: 262 institutionsQ2 2023: 258 institutionsQ3 2023: 272 institutionsQ4 2023: 295 institutionsQ1 2024: 303 institutionsQ2 2024: 306 institutionsQ3 2024: 304 institutionsQ4 2024: 325 institutionsQ1 2025: 322 institutionsQ2 2025: 325 institutionsQ3 2025: 338 institutionsQ4 2025: 353 institutionsQ1 2026: 368 institutionsQ2 2026: 356 institutions
Value heldQ3 2025: $3.89B
Q1 2021: $3.02BQ2 2021: $3.11BQ3 2021: $2.86BQ4 2021: $2.71BQ1 2022: $3.09BQ2 2022: $3.32BQ3 2022: $2.98BQ4 2022: $3.20BQ1 2023: $3.09BQ2 2023: $3.13BQ3 2023: $3.40BQ4 2023: $3.42BQ1 2024: $4.06BQ2 2024: $4.14BQ3 2024: $3.78BQ4 2024: $4.43BQ1 2025: $4.44BQ2 2025: $4.17BQ3 2025: $3.89BQ4 2025: $4.67BQ1 2026: $4.86BQ2 2026: $4.57B
Institutions holding WTM and their total value by quarter
QuarterHoldersValue
Q2 2026356$4.57B
Q1 2026368$4.86B
Q4 2025353$4.67B
Q3 2025338$3.89B
Q2 2025325$4.17B
Q1 2025322$4.44B
Q4 2024325$4.43B
Q3 2024304$3.78B
Q2 2024306$4.14B
Q1 2024303$4.06B
Q4 2023295$3.42B
Q3 2023272$3.40B
Q2 2023258$3.13B
Q1 2023262$3.09B
Q4 2022265$3.20B
Q3 2022251$2.98B
Q2 2022259$3.32B
Q1 2022244$3.09B
Q4 2021243$2.71B
Q3 2021232$2.86B
Q2 2021233$3.11B
Q1 2021245$3.02B

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding White Mountains Insurance Group Ltd; share changes are against Q2 2025.

Institutions holding WTM in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
California Public Employees Retirement System9,232$15.4M0.01%−1,162−11.2%Reduced
Wells Fargo & Company9,352$15.6M0.00%−235−2.5%Reduced
Bank of New York Mellon Corp10,102$16.9M0.00%−758−7.0%Reduced
Speece Thorson Capital Group Inc11,262$18.8M3.76%−121−1.1%Reduced
UBS Group AG12,085$20.2M0.00%+7,073+141.1%Added
Horizon Kinetics Asset Management LLC13,084$21.9M0.27%+2,113+19.3%Added
WCM Investment Management, LLC13,235$22.2M0.05%+138+1.1%Added
Elkhorn Partners Limited Partnership14,810$24.8M16.80%−90−0.6%Reduced
Select Equity Group, L.P.16,946$28.3M0.12%−926−5.2%Reduced
Robeco Institutional Asset Management B.V.17,239$28.8M0.04%−583−3.3%Reduced
Envestnet Asset Management Inc17,591$29.4M0.01%+80+0.5%Added
Northern Trust Corp17,757$29.7M0.00%+352+2.0%Added
Wellington Management Group LLP19,211$32.1M0.01%−5,440−22.1%Reduced
Brown Advisory Inc20,332$34.0M0.04%−522−2.5%Reduced
Mraz, Amerine & Associates, Inc.22,606$37.8M5.89%+1,030+4.8%Added
Charles Schwab Investment Management Inc24,232$40.5M0.01%+49+0.2%Added
Spears Abacus Advisors LLC28,288$47.3M0.89%−59−0.2%Reduced
Raymond James Financial Inc29,392$49.1M0.02%−1,285−4.2%Reduced
Allspring Global Investments Holdings, LLC31,698$52.3M0.08%+2,113+7.1%Added
Southeastern Asset Management IncSuperinvestorSoutheastern Asset Management (Longleaf)31,652$52.9M2.70%+10,558+50.1%Added
Lord, Abbett & Co. LLC36,919$61.7M0.18%+4,692+14.6%Added
Bank of America Corp38,812$64.9M0.00%−597−1.5%Reduced
Reinhart Partners, Inc.41,609$69.6M2.26%−85−0.2%Reduced
Geode Capital Management, LLC42,090$70.4M0.00%−439−1.0%Reduced
T. Rowe Price Investment Management, Inc.47,772$79.9M0.05%−15,169−24.1%Reduced
State Street Corp54,444$91.0M0.00%−2,797−4.9%Reduced
London Co of Virginia66,802$111.7M0.62%−1,968−2.9%Reduced
Wallace Capital Management Inc.81,489$136.2M16.93%+2,453+3.1%Added
Boston Partners84,445$142.5M0.15%−4,949−5.5%Reduced
Fiduciary Management Inc94,383$157.8M1.60%+22,905+32.0%Added
Cooke & Bieler LP107,851$180.3M1.86%+31,070+40.5%Added
Fuller & Thaler Asset Management, Inc.108,091$180.7M0.61%+7,107+7.0%Added
River Road Asset Management, LLC109,588$183.2M2.05%−304−0.3%Reduced
BlackRock, Inc.112,579$188.2M0.00%−579−0.5%Reduced
Neuberger Berman Group LLC115,015$192.2M0.14%+31,316+37.4%Added
Morgan Stanley138,862$232.1M0.01%−26,202−15.9%Reduced
Dimensional Fund Advisors LP157,217$262.8M0.06%+1,464+0.9%Added
Vanguard Group Inc247,004$412.9M0.01%−2,166−0.9%Reduced
First Trust Advisors LP0$00.00%−5,672−100.0%Sold out
Verition Fund Management LLC0$00.00%−571−100.0%Sold out
Quadrature Capital Ltd0$00.00%−548−100.0%Sold out
Mitsubishi UFJ Trust & Banking Corp0$00.00%−477−100.0%Sold out
First Manhattan Co0$00.00%−401−100.0%Sold out
Petrus Trust Company, LTA0$00.00%−238−100.0%Sold out
Algert Global LLC0$00.00%−233−100.0%Sold out
Yorktown Management & Research Co Inc0$00.00%−220−100.0%Sold out
Nebula Research & Development LLC0$00.00%−201−100.0%Sold out
Martingale Asset Management L P0$00.00%−191−100.0%Sold out
Johnson Investment Counsel Inc0$00.00%−185−100.0%Sold out
Isthmus Partners, LLC0$00.00%−164−100.0%Sold out
Crossmark Global Holdings, Inc.0$00.00%−158−100.0%Sold out
Integrated Wealth Concepts LLC0$00.00%−140−100.0%Sold out
M&T Bank Corp0$00.00%−125−100.0%Sold out
Vident Advisory, LLC0$00.00%−120−100.0%Sold out
Opal Wealth Advisors, LLC0$00.00%−38−100.0%Sold out
BNP PARIBAS ASSET MANAGEMENT Holding S.A.0$00.00%−22−100.0%Sold out
Sierra Ocean, LLC0$00.00%−12−100.0%Sold out
Geneos Wealth Management Inc.0$00.00%−11−100.0%Sold out
Acadian Asset Management LLC0$00.00%−10−100.0%Sold out
Skopos Labs, Inc.0$00.00%−4−100.0%Sold out
Whipplewood Advisors, LLC0$00.00%−3−100.0%Sold out
Twin Peaks Wealth Advisors, LLC0$00.00%−1−100.0%Sold out
IFP Advisors, Inc0$00.00%−1−100.0%Sold out
Larson Financial Group LLC0$00.00%−1−100.0%Sold out
Stephens Consulting, LLC0$00.00%−1−100.0%Sold out
Norges Bank––––Not filed
Atria Wealth Solutions, Inc.––––Not filed
Avantax Advisory Services, Inc.––––Not filed
First Horizon Advisors, Inc.––––Not filed