| Ticker | Name | Current Value | vs Filing % | % of Portfolio | vs Last Filing |
|---|---|---|---|---|---|
| SPY | SPDR S&P 500 ETF TR | $175M | +3.3% | 51.3% | — |
| MAX | MEDIAALPHA INC | $166M | -26.3% | 48.7% | — |
Portfolio reflects White Mountains Insurance Group's 13-F filed 2026-08-12 (2026-06-30 quarter-end), marked to most recent close.