Auto-Owners Insurance 13F: Cuts SPDW Stake by $190M

Auto-Owners Insurance adjusted its portfolio by reducing its investment in State Street SPDR Portfolio Developed World ex-US ETF (NYSEArca: SPDW), according to a Form 13F filed with the SEC on October 15, 2026. This report covers portfolio choices made during the period and does not necessarily reflect the investor's current positioning today.

What Changed in Auto-Owners Insurance's State Street SPDR Portfolio Developed World ex-US ETF Position

Auto-Owners Insurance cut its position by 24.8%, selling 3,778,521 shares of the international exchange-traded fund. The reduction left the firm with 11,452,145 shares remaining in the fund. At the time of the filing, the total value of that remaining stake stood at $575,012,200, down from its previous size of 15,230,666 shares.

State Street SPDR Portfolio Developed World ex-US ETF Stock Down 0.4%

Shares of the fund recently traded around $49.30 as of October 16, 2026. The stock sits about 3.6% below its 50-day moving average of $51.12, while holding roughly 0.3% above its 200-day moving average of $49.15. Over the past 52 weeks, the fund has moved between a low of $41.99 and a high of $52.43. Its price recently trades about 6.0% below that 52-week peak and roughly 17.4% above its annual low.

Dividend

The fund provides shareholders with an annual dividend yield of about 3.01%. Income-focused investors often look to developed-market funds of this type for regular distribution income alongside international equity exposure.

About State Street SPDR Portfolio Developed World ex-US ETF

State Street SPDR Portfolio Developed World ex-US ETF is an exchange-traded fund designed to track the performance of publicly traded companies located in developed countries outside the United States. The fund invests the vast majority of its assets in a float-adjusted market capitalization-weighted index covering major international markets. Institutional adjustments like the one made by Auto-Owners Insurance offer a look at how large portfolio managers manage their global asset allocations over time.

Bottom Line

Investors tracking Auto-Owners Insurance will have to wait for subsequent quarterly filings to see whether the firm continues to trim its international equity exposure or holds its remaining shares steady. Because 13F reports look backward, these figures serve as a historical record of portfolio management rather than an active trading signal. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.