13F-HR: AXIS CAPITAL HOLDINGS LTD Discloses Q1 2024 Holdings

AXIS CAPITAL HOLDINGS LTD reports $207.5 million in holdings across three ETFs as of March 31, 2024.

Summary

• AXIS CAPITAL HOLDINGS LTD filed its Form 13F for the quarter ended March 31, 2024.
• The report discloses holdings in three exchange-traded funds (ETFs).
• The total value of reported holdings is $207,533,995.
• The largest holding is in the VANGUARD S&P 500 ETF, valued at $173,263,989.
• The second-largest holding is in the SPDR S&P 500 ETF TRUST, valued at $25,685,875.
• The smallest holding is in the VANGUARD FTSE All-World ex-US ETF, valued at $8,584,131.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing, presenting factual information about the company's holdings. The sentiment is neutral to slightly positive as it reflects standard investment practices.

Industry Context

This filing provides insight into the investment strategy of AXIS CAPITAL HOLDINGS LTD, showing a preference for broad market ETFs to gain exposure to the S&P 500 and global markets excluding the US. This is a common strategy for institutional investors seeking diversified exposure.

Comparison to Industry Standards

• Comparing AXIS CAPITAL HOLDINGS LTD's investment choices to other similar investment managers, a common strategy is to invest in large, liquid ETFs such as the SPDR S&P 500 ETF (SPY) and Vanguard S&P 500 ETF (VOO).
• These ETFs are popular due to their low expense ratios and broad market exposure.
• Other comparable companies may also hold similar ETFs like the iShares Core S&P 500 ETF (IVV) or Vanguard Total Stock Market ETF (VTI) to achieve diversification.

Stakeholder Impact

• Shareholders can gain insight into the investment strategy of AXIS CAPITAL HOLDINGS LTD through this report.
• The holdings in broad market ETFs suggest a diversified investment approach.

Key Dates