SEC Filing Summary: Form 13F Information Table
Business Context and Reporting Period
Company: ALLSTATE CORP
Filing Type: Form 13F Information Table (Quarterly Report of Holdings)
Reporting Period: The filing lists holdings as of March 31, 2026.
Context: This document discloses the equity securities held by Allstate Corp (or its investment managers) at the end of the first quarter of 2026. It is a regulatory disclosure of portfolio composition, not a financial performance report of Allstate Corp itself.
Key Financial Metrics and Portfolio Composition
Note: As this is a Form 13F, it reports asset holdings rather than corporate revenue, profit, or cash flow. The following metrics reflect the portfolio's value and structure.
- Total Portfolio Value: The filing lists hundreds of individual positions. The aggregate value is not explicitly summed in the text, but individual positions range from approximately $12,000 (e.g., AMC Entertainment) to over $1 billion (e.g., Vanguard ST Corp Bd ETF at ~$1.0 billion).
- Top Holdings by Value (Selected):
- Vanguard ST Corp Bd ETF: ~$1,000,094,101 (12,616,300 shares)
- NVIDIA: ~$227,656,528 (1,305,370 shares)
- Microsoft: ~$228,528,151 (617,360 shares)
- Apple: ~$232,350,328 (915,522 shares)
- Amazon: ~$199,524,534 (958,009 shares)
- Exxon Mobil: ~$70,788,599 (417,238 shares)
- Asset Classes: The portfolio is heavily weighted toward large-cap U.S. equities (Technology, Financials, Healthcare, Energy) and Exchange Traded Funds (ETFs) tracking broad market indices (S&P 500, Total US Market) and fixed income (Corporate Bonds, Municipal Bonds).
- Voting Authority: The filing indicates "SOLE" voting authority for the vast majority of positions, with some "SHARED" authority noted for specific holdings.
Material Changes and Observations
Note: Without the prior quarter's (December 31, 2025) data, specific percentage changes cannot be calculated. However, the following observations are based on the current snapshot:
- Concentration in Tech: Significant capital is allocated to major technology firms, including NVIDIA, Microsoft, Apple, Alphabet (Class A and C), and Meta Platforms.
- Fixed Income Exposure: There is substantial exposure to fixed income through ETFs such as iShares Core U.S. Aggregate Bond, iShares 1-5 Year Investment Grade Corporate Bond, and Vanguard Short-Term Corporate Bond ETF.
- Real Estate (REITs): The portfolio holds diverse REITs including Prologis, Equity Residential, Public Storage, and Welltower.
- Small/Mid-Cap Exposure: While dominated by large caps, the portfolio includes positions in smaller companies such as Life360, Rocket Lab, and various biotech firms.
Guidance, Outlook, and Risks
Management Commentary: Form 13F filings do not contain management commentary, forward-looking guidance, or strategic outlooks. They are strictly historical records of holdings.
Risks and Contingencies:
- Market Risk: The portfolio is subject to general equity market volatility.
- Concentration Risk: Significant exposure to the Technology sector and specific mega-cap stocks creates concentration risk.
- Liquidity: While most holdings are highly liquid public equities, some smaller positions may have lower trading volumes.
Important Facts for Investor Verification
- Reporting Entity: Verify that these holdings belong to Allstate Corp's general account or a specific subsidiary, as Form 13F is filed by investment managers.
- Valuation Date: Confirm that the values reflect market prices as of March 31, 2026, and may differ from current market values.
- Derivatives: The filing lists "PUT/CALL" columns as empty for most entries, suggesting limited reported derivative activity in this specific table, though some positions may be part of broader hedging strategies not fully detailed here.
- ETF Holdings: A significant portion of the portfolio is held via ETFs; investors should look through these to understand the underlying asset exposure.
- Missing Data: The filing text does not provide a total portfolio value sum, cash positions, or debt obligations of Allstate Corp itself.