SECURIAN ASSET MANAGEMENT, INC

ST PAUL, MN · CIK 1035350 · 13F filing filed 2026-07-23

SEC-registered investment adviser since 1994 · corporation

Assets managed$41.6bn
Staff70 · 34 in investment roles
Main clients (by assets)Insurers 88%, Mutual funds and ETFs 11%
Form ADV · 2026-03-31SEC adviser record

Legal entitySecurian Asset Management, Inc. (US)
Part of MINNESOTA LIFE INSURANCE COMPANY (US)

Kindinstitutions, futures
Others nearbySaint Paul, MN

As an employer

Offices in1 country

US visa salary filings

Filings FY20251
Median salary offered$92,616
Middle half$92,616 – $92,616
Job titles1
E-3 (Australians)1

Job title	Filings	Median	Range
Infrastructure Senior AnalystSaint Paul, MN	1	$92,616	$92,616 – $99,627

Source: US Department of Labor, Labor Condition Application disclosure data (certified, full-time, yearly equivalent). These are the salaries the employer committed to pay the visa roles it filed for, at least the prevailing wage for the job and place; they are not the pay of all its staff. Filed by: Securian Financial Group, Inc..

$2.8bn reported value +10.2% vs Q1 2026

926positions

36.5%in top 10

21 new 146 added 565 reduced 20 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	243,447	$166.3m5.98%	5.98%	Added +3.0k	+2,976 1.2%
2	ISHARES TR CORE S&P500 ETF IVV	IVV	195,555	$146.0m5.25%	5.25%	Reduced -3.6k	-3,615 -1.8%
3	NVIDIA CORPORATION COM NVDA	NVDA	643,612	$130.5m4.69%	4.69%	Reduced -15.6k	-15,608 -2.4%
4	APPLE INC COM AAPL	AAPL	390,287	$130.3m4.68%	4.68%	Reduced -8.0k	-7,989 -2.0%
5	ISHARES TR CORE HIGH DV ETF HDV	HDV	3,569,010	$100.8m3.62%	3.62%	Unchanged
6	ISHARES TR MSCI USA MIN VOL USMV	USMV	837,287	$80.9m2.91%	2.91%	Unchanged
7	MICROSOFT CORP COM MSFT	MSFT	197,396	$77.7m2.79%	2.79%	Reduced -4.0k	-4,050 -2.0%
8	AMAZON COM INC COM AMZN	AMZN	260,122	$64.3m2.31%	2.31%	Reduced -4.9k	-4,889 -1.8%
9	ISHARES TR MSCI EAFE MIN VL EFAV	EFAV	702,769	$64.0m2.30%	2.30%	Unchanged
10	ALPHABET INC CAP STK CL A GOOGL	GOOGL	155,815	$54.0m1.94%	1.94%	Reduced -2.1k	-2,127 -1.4%
11	INVESCO EXCH TRADED FD TR II S&P500 LOW VOL SPLV	SPLV	690,000	$52.8m1.90%	1.90%	Unchanged
12	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	1,581,000	$52.0m1.87%	1.87%	Unchanged
13	BROADCOM INC COM AVGO	AVGO	125,814	$46.7m1.68%	1.68%	Reduced -2.8k	-2,809 -2.2%
14	ALPHABET INC CAP STK CL C GOOG	GOOG	125,595	$43.5m1.56%	1.56%	Reduced -1.3k	-1,276 -1.0%
15	META PLATFORMS INC CL A META	META	58,370	$37.7m1.36%	1.36%	Reduced -965	-965 -1.6%
16	TESLA INC COM TSLA	TSLA	74,812	$28.5m1.02%	1.02%	Reduced -1.5k	-1,485 -1.9%
17	MICRON TECHNOLOGY INC COM MU	MU	29,986	$25.5m0.91%	0.91%	Reduced -536	-536 -1.8%
18	ELI LILLY & CO COM LLY	LLY	21,012	$24.8m0.89%	0.89%	Reduced -482	-482 -2.2%
19	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	33,000	$24.5m0.88%	0.88%	Unchanged
20	JPMORGAN CHASE & CO COM JPM	JPM	71,205	$24.3m0.87%	0.87%	Reduced -1.9k	-1,939 -2.6%
21	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	48,717	$23.9m0.86%	0.86%	Reduced -1.0k	-1,030 -2.1%
22	ISHARES TR USD INV GRDE ETF USIG	USIG	430,517	$21.8m0.78%	0.78%	Reduced -9.2k	-9,200 -2.1%
23	ISHARES TR INTL SEL DIV ETF IDV	IDV	500,000	$21.5m0.77%	0.77%	Unchanged
24	ADVANCED MICRO DEVICES INC COM AMD	AMD	43,330	$21.5m0.77%	0.77%	Reduced -939	-939 -2.1%
25	ISHARES TR CORE MSCI INTL IDEV	IDEV	231,229	$20.6m0.74%	0.74%	Reduced -5.0k	-5,000 -2.1%
26	JOHNSON & JOHNSON COM JNJ	JNJ	63,968	$16.2m0.58%	0.58%	Reduced -1.4k	-1,409 -2.2%
27	VISA INC COM CL A V	V	44,103	$15.8m0.57%	0.57%	Reduced -1.5k	-1,502 -3.3%
28	ISHARES INC MSCI EMERG MRKT EEMV	EEMV	215,206	$15.3m0.55%	0.55%	Unchanged
29	ISHARES U S ETF TR SHORT DURATION B NEAR	NEAR	283,620	$14.3m0.52%	0.52%	Unchanged
30	WALMART INC COM WMT	WMT	116,497	$13.3m0.48%	0.48%	Reduced -2.4k	-2,422 -2.0%
31	ABBVIE INC COM ABBV	ABBV	46,949	$11.9m0.43%	0.43%	Reduced -997	-997 -2.1%
32	INTEL CORP COM INTC	INTC	125,543	$11.9m0.43%	0.43%	Reduced -1.8k	-1,832 -1.4%
33	CISCO SYS INC COM CSCO	CSCO	104,961	$11.7m0.42%	0.42%	Reduced -2.2k	-2,195 -2.0%
34	MASTERCARD INCORPORATED CL A MA	MA	21,442	$11.7m0.42%	0.42%	Reduced -652	-652 -3.0%
35	APPLIED MATLS INC COM AMAT	AMAT	21,046	$11.1m0.40%	0.40%	Reduced -487	-487 -2.3%
36	COSTCO WHSL CORP NEW COM COST	COST	11,826	$11.1m0.40%	0.40%	Reduced -225	-225 -1.9%
37	ISHARES INC MSCI GERMANY ETF EWG	EWG	265,791	$10.9m0.39%	0.39%	Unchanged
38	CATERPILLAR INC COM CAT	CAT	12,239	$10.8m0.39%	0.39%	Reduced -384	-384 -3.0%
39	BANK AMERICA CORP COM BAC	BAC	173,491	$10.6m0.38%	0.38%	Reduced -6.5k	-6,518 -3.6%
40	LAM RESEARCH CORP COM NEW LRCX	LRCX	33,270	$10.4m0.37%	0.37%	Reduced -607	-607 -1.8%
41	UNITEDHEALTH GROUP INC COM UNH	UNH	24,133	$10.3m0.37%	0.37%	Reduced -398	-398 -1.6%
42	GE AEROSPACE COM NEW GE	GE	27,725	$9.7m0.35%	0.35%	Reduced -728	-728 -2.6%
43	CHEVRON CORP NEW COM CVX	CVX	49,747	$9.3m0.33%	0.33%	Reduced -1.1k	-1,106 -2.2%
44	PROCTER AND GAMBLE CO COM PG	PG	61,916	$9.3m0.33%	0.33%	Reduced -1.1k	-1,130 -1.8%
45	HOME DEPOT INC COM HD	HD	26,422	$9.0m0.32%	0.32%	Reduced -644	-644 -2.4%
46	SPDR INDEX SHS FDS PORTFOLIO EMG MK SPEM	SPEM	173,260	$8.7m0.31%	0.31%	Reduced -3.8k	-3,800 -2.1%
47	ISHARES TR CORE INTL AGGR IAGG	IAGG	170,326	$8.5m0.31%	0.31%	Reduced -3.7k	-3,700 -2.1%
48	COCA COLA CO COM KO	KO	102,897	$8.4m0.30%	0.30%	Reduced -2.1k	-2,129 -2.0%
49	MERCK & CO INC COM MRK	MRK	65,631	$8.4m0.30%	0.30%	Reduced -1.7k	-1,702 -2.5%
50	GOLDMAN SACHS GROUP INC COM GS	GS	7,839	$8.4m0.30%	0.30%	Reduced -317	-317 -3.9%
51	ISHARES INC EM MKTS DIV ETF DVYE	DVYE	250,000	$8.3m0.30%	0.30%	Unchanged
52	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	61,013	$8.1m0.29%	0.29%	Reduced -957	-957 -1.5%
53	PHILIP MORRIS INTL INC COM PM	PM	41,373	$8.0m0.29%	0.29%	Reduced -855	-855 -2.0%
54	PALO ALTO NETWORKS INC COM PANW	PANW	21,529	$7.7m0.28%	0.28%	Reduced -393	-393 -1.8%
55	NETFLIX INC COM NFLX	NFLX	111,894	$7.7m0.28%	0.28%	Reduced -2.6k	-2,646 -2.3%
56	GE VERNOVA INC COM GEV	GEV	7,141	$7.6m0.27%	0.27%	Reduced -171	-171 -2.3%
57	KLA CORP COM NEW KLAC	KLAC	34,730	$7.4m0.27%	0.27%	Reduced -1.0k	-1,000 -2.8%
58	WELLS FARGO CO NEW COM WFC	WFC	81,318	$7.1m0.26%	0.26%	Reduced -2.6k	-2,579 -3.1%
59	RTX CORPORATION COM RTX	RTX	35,761	$6.9m0.25%	0.25%	Reduced -597	-597 -1.6%
60	TEXAS INSTRS INC COM TXN	TXN	24,179	$6.9m0.25%	0.25%	Reduced -428	-428 -1.7%
61	MORGAN STANLEY COM NEW MS	MS	31,854	$6.9m0.25%	0.25%	Reduced -783	-783 -2.4%
62	LINDE PLC SHS LIN	LIN	12,285	$6.3m0.23%	0.23%	Reduced -412	-412 -3.2%
63	CITIGROUP INC COM NEW C	C	45,322	$5.9m0.21%	0.21%	Reduced -2.1k	-2,084 -4.4%
64	ORACLE CORP COM ORCL	ORCL	45,077	$5.7m0.20%	0.20%	Reduced -925	-925 -2.0%
65	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	26,864	$5.5m0.20%	0.20%	Added +20.0k	+20,040 293.7%
66	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	25,003	$5.3m0.19%	0.19%	Reduced -314	-314 -1.2%
67	SANDISK CORP COM SNDK	SNDK	3,919	$5.3m0.19%	0.19%	Reduced -100	-100 -2.5%
68	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	9,876	$5.3m0.19%	0.19%	Reduced -340	-340 -3.3%
69	AMGEN INC COM AMGN	AMGN	14,346	$5.3m0.19%	0.19%	Reduced -296	-296 -2.0%
70	MCDONALDS CORP COM MCD	MCD	18,873	$5.1m0.18%	0.18%	Reduced -492	-492 -2.5%
71	AMERICAN EXPRESS CO COM AXP	AXP	14,142	$5.0m0.18%	0.18%	Reduced -368	-368 -2.5%
72	PEPSICO INC COM PEP	PEP	36,310	$5.0m0.18%	0.18%	Reduced -765	-765 -2.1%
73	AMPHENOL CORP CL A APH	APH	32,648	$4.9m0.18%	0.18%	Reduced -636	-636 -1.9%
74	NEXTERA ENERGY INC COM NEE	NEE	55,385	$4.9m0.18%	0.18%	Reduced -1.1k	-1,112 -2.0%
75	ANALOG DEVICES INC COM ADI	ADI	12,918	$4.8m0.17%	0.17%	Reduced -338	-338 -2.5%
76	VERIZON COMMUNICATIONS INC COM VZ	VZ	110,957	$4.8m0.17%	0.17%	Reduced -3.4k	-3,443 -3.0%
77	QUALCOMM INC COM QCOM	QCOM	28,008	$4.8m0.17%	0.17%	Reduced -938	-938 -3.2%
78	UNION PAC CORP COM UNP	UNP	15,809	$4.8m0.17%	0.17%	Reduced -320	-320 -2.0%
79	SEAGATE TECHNOLOGY HLDNGS PL ORD SHS STX	STX	5,958	$4.7m0.17%	0.17%	Added +58	+58 1.0%
80	ABBOTT LABS COM ABT	ABT	46,327	$4.7m0.17%	0.17%	Reduced -845	-845 -1.8%
81	ARISTA NETWORKS INC COM SHS ANET	ANET	27,411	$4.6m0.17%	0.17%	Reduced -567	-567 -2.0%
82	WELLTOWER INC COM WELL	WELL	18,758	$4.6m0.16%	0.16%	Reduced -171	-171 -0.9%
83	TJX COS INC NEW COM TJX	TJX	29,385	$4.5m0.16%	0.16%	Reduced -740	-740 -2.5%
84	DISNEY WALT CO COM DIS	DIS	46,144	$4.5m0.16%	0.16%	Reduced -1.9k	-1,914 -4.0%
85	BOEING CO COM BA	BA	20,923	$4.5m0.16%	0.16%	Reduced -369	-369 -1.7%
86	GILEAD SCIENCES INC COM GILD	GILD	32,954	$4.4m0.16%	0.16%	Reduced -682	-682 -2.0%
87	SCHWAB CHARLES CORP COM SCHW	SCHW	43,441	$4.4m0.16%	0.16%	Reduced -1.9k	-1,872 -4.1%
88	ISHARES TR BROAD USD HIGH USHY	USHY	119,486	$4.4m0.16%	0.16%	Reduced -2.6k	-2,600 -2.1%
89	MARVELL TECHNOLOGY INC COM MRVL	MRVL	23,266	$4.4m0.16%	0.16%	New
90	WESTERN DIGITAL CORP COM WDC	WDC	9,159	$4.4m0.16%	0.16%	Reduced -37	-37 -0.4%
91	EATON CORP PLC SHS ETN	ETN	10,348	$4.1m0.15%	0.15%	Reduced -213	-213 -2.0%
92	BLACKROCK INC COM BLK	BLK	3,824	$4.1m0.15%	0.15%	Reduced -100	-100 -2.5%
93	AT&T INC COM T	T	184,638	$4.0m0.14%	0.14%	Reduced -5.3k	-5,276 -2.8%
94	DEERE & CO COM DE	DE	6,716	$4.0m0.14%	0.14%	Reduced -120	-120 -1.8%
95	UBER TECHNOLOGIES INC COM UBER	UBER	54,092	$3.9m0.14%	0.14%	Reduced -1.7k	-1,741 -3.1%
96	PFIZER INC COM PFE	PFE	151,478	$3.8m0.14%	0.14%	Reduced -2.8k	-2,766 -1.8%
97	BOOKING HOLDINGS INC COM BKNG	BKNG	20,591	$3.7m0.13%	0.13%	Reduced -1.3k	-1,334 -6.1%
98	CONOCOPHILLIPS COM COP	COP	32,373	$3.7m0.13%	0.13%	Reduced -863	-863 -2.6%
99	SALESFORCE INC COM CRM	CRM	21,738	$3.7m0.13%	0.13%	Reduced -3.7k	-3,681 -14.5%
100	PROLOGIS INC. COM PLD	PLD	24,765	$3.7m0.13%	0.13%	Reduced -392	-392 -1.6%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
EXXON MOBIL CORP XOM	XOM	113,369	$19.2m113.4k shares
HONEYWELL INTL INC		8,632	$3.9m8.6k shares
CARNIVAL CORP		31,201	$807.5k31.2k shares
COTERRA ENERGY INC CTRA	CTRA	20,580	$723.2k20.6k shares
TOPBUILD CORP BLD	BLD	2,034	$714.5k2.0k shares
CHART INDS INC GTLS	GTLS	3,314	$685.2k3.3k shares
MASIMO CORP MASI	MASI	3,333	$592.8k3.3k shares
DUPONT DE NEMOURS INC DWDP	DWDP	3,700	$508.4k3.7k shares
JANUS HENDERSON GROUP PLC		9,006	$462.6k9.0k shares
HOLOGIC INC HOLX	HOLX	6,000	$453.5k6.0k shares
CONAGRA BRANDS INC CAG	CAG	12,907	$202.9k12.9k shares
EPAM SYS INC EPAM	EPAM	1,489	$201.6k1.5k shares
POOL CORP POOL	POOL	870	$176.0k870 shares
GOODYEAR TIRE & RUBR CO GT	GT	21,099	$139.9k21.1k shares
BELLRING BRANDS INC BRBR	BRBR	8,644	$139.1k8.6k shares
FLOWERS FOODS INC FLO	FLO	15,566	$126.9k15.6k shares
CAMPBELL SOUP CO CPB	CPB	5,242	$116.7k5.2k shares
BLACKBAUD INC BLKB	BLKB	2,563	$99.0k2.6k shares
CONCENTRIX CORP CNXC	CNXC	3,151	$86.2k3.2k shares
COTY INC COTY	COTY	27,243	$54.8k27.2k shares