SEC Filing Summary: Kinsale Capital Group, Inc. (Form 13F)
Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by Kinsale Capital Group, Inc. for the reporting period ending December 31, 2023. The document discloses the company's equity holdings in U.S. securities as of the quarter-end date. It does not contain operational financial statements, revenue data, or management commentary regarding the company's own insurance or investment operations.
Key Financial Metrics and Portfolio Composition
The filing details a portfolio of 33 equity positions, including individual stocks and exchange-traded funds (ETFs). The total value of the reported holdings is approximately $1.09 billion (sum of reported values). The portfolio is heavily weighted toward large-cap U.S. equities and broad market index funds.
| Asset Class | Top Holdings by Value | Shares Held | Reported Value ($) |
|---|---|---|---|
| ETFs | Vanguard Total Stock Market Index | 326,312 | 77,407,703 |
| ETFs | Vanguard High Dividend Yield Index | 180,560 | 20,155,895 |
| ETFs | Vanguard S&P 500 ETF | 20,000 | 8,736,000 |
| Individual Stock | Microsoft Corp | 12,814 | 4,818,592 |
| Individual Stock | JPMorgan Chase & Co | 23,873 | 4,060,881 |
| Individual Stock | Walmart Inc | 24,892 | 3,924,267 |
| Individual Stock | Apple Inc | 20,703 | 3,986,001 |
Notable Individual Holdings: The portfolio includes significant positions in Berkshire Hathaway Inc ($3.86M), Johnson & Johnson ($3.88M), and Exxon Mobil Corp ($3.90M). All reported positions are classified as "Sole" voting authority with "DFND" (Discretionary) management.
Material Changes and Guidance
Material Changes: This filing is a snapshot of holdings as of December 31, 2023. The text provided does not include comparative data from the prior quarter (September 30, 2023); therefore, specific changes in share counts or values versus the prior period cannot be calculated from this document alone.
Guidance and Outlook: Form 13F filings are regulatory disclosures of past holdings and do not contain forward-looking guidance, management commentary, risk factors, or contingency plans regarding the company's future performance.
Investor Verification Checklist
- Portfolio Concentration: Verify the percentage of the total portfolio allocated to the three Vanguard ETFs, which collectively represent a significant portion of the reported value.
- Valuation Accuracy: Confirm that the reported values align with the closing market prices of the respective securities on December 29, 2023 (the last trading day of the quarter).
- Missing Data: Note that this filing does not disclose the company's own revenue, underwriting results, or cash flow; investors must refer to the company's 10-K or 10-Q filings for operational metrics.
- Voting Rights: Confirm that all listed positions are held with sole voting authority, indicating direct control over these specific assets.