PROSPECTOR PARTNERS LLC

GUILFORD, CT · CIK 1080380 · 13F filing filed 2025-08-08

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityProspector Partners, L.L.C. (US)

$861.9m reported value -1.6% vs Q1 2025

91positions

28.1%in top 10

6 new 15 added 48 reduced 5 sold out vs Q1 2025

Options: 2 call positions ($8.2m notional), 1 put positions ($4.7m notional) – listed below, not included above.

This report includes the holdings of 1 other manager that shares the investment decisions:

PROSPECTOR PARTNERS FUND, L.P. – reports through this filing

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2025

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	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	64,810	$31.5m3.65%	3.65%	Unchanged
2	BROWN & BROWN INC COM BRO	BRO	281,877	$31.3m3.63%	3.63%	Reduced -1.8k	-1,763 -0.6%
3	GLOBE LIFE INC COM GL	GL	204,820	$25.5m2.95%	2.95%	Reduced -7.6k	-7,555 -3.6%
4	GALLAGHER ARTHUR J & CO COM AJG	AJG	77,663	$24.9m2.88%	2.88%	Reduced -3.1k	-3,089 -3.8%
5	PNC FINL SVCS GROUP INC COM PNC	PNC	132,672	$24.7m2.87%	2.87%	Added +21.8k	+21,829 19.7%
6	EATON CORP PLC SHS ETN	ETN	66,155	$23.6m2.74%	2.74%	Added +1.5k	+1,526 2.4%
7	EVEREST GROUP LTD COM EG	EG	61,755	$21.0m2.44%	2.44%	Reduced -2.3k	-2,261 -3.5%
8	PROSPERITY BANCSHARES INC COM PB	PB	289,878	$20.4m2.36%	2.36%	Added +13.5k	+13,477 4.9%
9	PRIMERICA INC COM PRI	PRI	72,982	$20.0m2.32%	2.32%	Reduced -3.9k	-3,896 -5.1%
10	SOUTHSTATE CORPORATION COM SSB	SSB	214,744	$19.8m2.29%	2.29%	Added +28.4k	+28,441 15.3%
11	LITTELFUSE INC COM LFUS	LFUS	84,631	$19.2m2.23%	2.23%	Added +2.3k	+2,254 2.7%
12	ABBOTT LABS COM ABT	ABT	140,430	$19.1m2.22%	2.22%	Reduced -53.5k	-53,479 -27.6%
13	CARRIER GLOBAL CORPORATION COM CARR	CARR	259,317	$19.0m2.20%	2.20%	Reduced -14.7k	-14,658 -5.3%
14	CACI INTL INC CL A CACI	CACI	39,562	$18.9m2.19%	2.19%	Added +1.4k	+1,371 3.6%
15	PROGRESSIVE CORP COM PGR	PGR	68,901	$18.4m2.13%	2.13%	Reduced -2.9k	-2,916 -4.1%
16	AMERIS BANCORP COM ABCB	ABCB	244,251	$15.8m1.83%	1.83%	Reduced -9.3k	-9,334 -3.7%
17	PPG INDS INC COM PPG	PPG	137,134	$15.6m1.81%	1.81%	Reduced -7.1k	-7,137 -5.0%
18	F N B CORP COM FNB	FNB	1,058,909	$15.4m1.79%	1.79%	Added +615.3k	+615,297 138.7%
19	DARDEN RESTAURANTS INC COM DRI	DRI	65,891	$14.4m1.67%	1.67%	Reduced -19.8k	-19,787 -23.1%
20	EXXON MOBIL CORP COM XOM	XOM	131,973	$14.2m1.65%	1.65%	Reduced -8.9k	-8,924 -6.3%
21	TRIMBLE INC COM TRMB	TRMB	185,586	$14.1m1.64%	1.64%	Reduced -7.7k	-7,715 -4.0%
22	ST JOE CO COM JOE	JOE	293,787	$14.0m1.63%	1.63%	New
23	SIMPLY GOOD FOODS CO COM SMPL	SMPL	443,456	$14.0m1.63%	1.63%	Added +148.1k	+148,078 50.1%
24	LEIDOS HOLDINGS INC COM LDOS	LDOS	88,253	$13.9m1.62%	1.62%	Reduced -3.3k	-3,322 -3.6%
25	FIDELITY NATL INFORMATION SV COM FIS	FIS	165,269	$13.5m1.56%	1.56%	Reduced -8.5k	-8,502 -4.9%
26	MERCK & CO INC COM MRK	MRK	166,803	$13.2m1.53%	1.53%	Reduced -10.5k	-10,499 -5.9%
27	PENTAIR PLC SHS PNR	PNR	126,035	$12.9m1.50%	1.50%	Reduced -4.8k	-4,753 -3.6%
28	JOHNSON & JOHNSON COM JNJ	JNJ	83,330	$12.7m1.48%	1.48%	Reduced -8.3k	-8,302 -9.1%
29	CBOE GLOBAL MKTS INC COM CBOE	CBOE	53,274	$12.4m1.44%	1.44%	Reduced -2.0k	-2,000 -3.6%
30	KEURIG DR PEPPER INC COM KDP	KDP	365,894	$12.1m1.40%	1.40%	New
31	HONEYWELL INTL INC COM COM		50,522	$11.8m1.37%	1.37%	Added +1.2k	+1,199 2.4%
32	COLGATE PALMOLIVE CO COM CL	CL	127,343	$11.6m1.34%	1.34%	Reduced -39.3k	-39,313 -23.6%
33	KENVUE INC COM KVUE	KVUE	549,278	$11.5m1.33%	1.33%	Reduced -28.7k	-28,695 -5.0%
34	HOME DEPOT INC COM HD	HD	30,792	$11.3m1.31%	1.31%	Reduced -1.9k	-1,878 -5.8%
35	ABRDN PLATINUM ETF TRUST PHYSCL PLATM SHS PPLT	PPLT	90,669	$11.1m1.29%	1.29%	Reduced -3.3k	-3,305 -3.5%
36	ZEBRA TECHNOLOGIES CORPORATI CL A ZBRA	ZBRA	35,981	$11.1m1.29%	1.29%	Added +1.9k	+1,871 5.5%
37	EXPEDIA GROUP INC COM NEW EXPE	EXPE	63,678	$10.7m1.25%	1.25%	Reduced -13.8k	-13,785 -17.8%
38	HOWARD HUGHES HOLDINGS INC COM HHH	HHH	156,440	$10.6m1.23%	1.23%	Reduced -5.6k	-5,570 -3.4%
39	MICROSOFT CORP COM MSFT	MSFT	20,715	$10.3m1.20%	1.20%	Reduced -1.3k	-1,251 -5.7%
40	CHURCH & DWIGHT CO INC COM CHD	CHD	107,203	$10.3m1.20%	1.20%	Reduced -30.5k	-30,470 -22.1%
41	CURTISS WRIGHT CORP COM CW	CW	20,840	$10.2m1.18%	1.18%	Reduced -7.5k	-7,476 -26.4%
42	TEXAS ROADHOUSE INC COM TXRH	TXRH	53,571	$10.0m1.16%	1.16%	Added +3.0k	+3,034 6.0%
43	UNUM GROUP COM UNM	UNM	118,684	$9.6m1.11%	1.11%	New
44	THE CIGNA GROUP COM CI	CI	28,909	$9.6m1.11%	1.11%	Reduced -12.0k	-11,970 -29.3%
45	TERADYNE INC COM TER	TER	100,531	$9.0m1.05%	1.05%	Reduced -4.5k	-4,530 -4.3%
46	PJT PARTNERS INC COM CL A PJT	PJT	53,956	$8.9m1.03%	1.03%	Reduced -496	-496 -0.9%
47	MONDELEZ INTL INC CL A MDLZ	MDLZ	128,133	$8.6m1.00%	1.00%	Reduced -24.6k	-24,607 -16.1%
48	KEYCORP COM KEY	KEY	482,200	$8.4m0.97%	0.97%	Reduced -475.2k	-475,209 -49.6%
49	ALPHABET INC CAP STK CL A GOOGL	GOOGL	46,879	$8.3m0.96%	0.96%	Reduced -2.7k	-2,707 -5.5%
50	SCHLUMBERGER LTD COM STK SLB	SLB	242,300	$8.2m0.95%	0.95%	Reduced -9.0k	-9,021 -3.6%
51	WHITE MTNS INS GROUP LTD COM WTM	WTM	4,076	$7.3m0.85%	0.85%	Added +221	+221 5.7%
52	PERMIAN RESOURCES CORP CLASS A COM PR	PR	529,021	$7.2m0.84%	0.84%	Reduced -22.3k	-22,313 -4.0%
53	RTX CORPORATION COM RTX	RTX	48,441	$7.1m0.82%	0.82%	Reduced -4.1k	-4,103 -7.8%
54	SUNCOR ENERGY INC NEW COM SU	SU	185,113	$6.9m0.80%	0.80%	Reduced -21.7k	-21,712 -10.5%
55	FIRST AMERN FINL CORP COM FAF	FAF	89,225	$5.5m0.64%	0.64%	Unchanged
56	CITIGROUP INC COM NEW C	C	60,400	$5.1m0.60%	0.60%	Reduced -136.1k	-136,106 -69.3%
57	NEWMONT CORP COM NEM	NEM	86,887	$5.1m0.59%	0.59%	Reduced -5.6k	-5,563 -6.0%
58	NOMAD FOODS LTD USD ORD SHS NOMD	NOMD	297,050	$5.0m0.59%	0.59%	Added +19.8k	+19,800 7.1%
59	AGNICO EAGLE MINES LTD COM AEM	AEM	42,415	$5.0m0.59%	0.59%	Reduced -14.6k	-14,608 -25.6%
60	APPLIED MATLS INC COM AMAT	AMAT	27,117	$5.0m0.58%	0.58%	New
61	PAYCHEX INC COM PAYX	PAYX	34,112	$5.0m0.58%	0.58%	Reduced -1.9k	-1,863 -5.2%
62	BANK OF NT BUTTERFIELD&SON L SHS NEW NTB	NTB	108,575	$4.8m0.56%	0.56%	Unchanged
63	HOLOGIC INC COM HOLX	HOLX	71,514	$4.7m0.54%	0.54%	Added +16.9k	+16,894 30.9%
64	V2X INC COM VVX	VVX	94,710	$4.6m0.53%	0.53%	Unchanged
65	AXALTA COATING SYS LTD COM AXTA	AXTA	114,800	$3.4m0.40%	0.40%	Reduced -10.0k	-10,000 -8.0%
66	EBAY INC. COM EBAY	EBAY	45,512	$3.4m0.39%	0.39%	Reduced -4.6k	-4,613 -9.2%
67	CUBESMART COM CUBE	CUBE	77,676	$3.3m0.38%	0.38%	Reduced -19.4k	-19,430 -20.0%
68	NB BANCORP INC COM NBBK	NBBK	167,622	$3.0m0.35%	0.35%	Reduced -74.7k	-74,650 -30.8%
69	PFIZER INC COM PFE	PFE	119,881	$2.9m0.34%	0.34%	Reduced -22.6k	-22,574 -15.8%
70	DEVON ENERGY CORP NEW COM DVN	DVN	81,930	$2.6m0.30%	0.30%	Unchanged
71	DROPBOX INC NOTE 3/0 · principal DBX 0 03.01.28 · principal	DBX 0 03.01.28	1,400,000	$1.4m0.16%	0.16%	Unchanged
72	HALOZYME THERAPEUTICS INC NOTE 1.000% 8/1 · principal HALO 1 08.15.28 · principal	HALO 1 08.15.28	1,200,000	$1.4m0.16%	0.16%	Unchanged
73	CAPITAL CITY BK GROUP INC COM CCBG	CCBG	32,685	$1.3m0.15%	0.15%	Unchanged
74	AKAMAI TECHNOLOGIES INC NOTE 0.375% 9/0 · principal AKAM 0.375 09.01.27 · principal	AKAM 0.375 09.01.27	1,300,000	$1.3m0.15%	0.15%	Unchanged
75	SOUTH PLAINS FINANCIAL INC COM SPFI	SPFI	33,340	$1.2m0.14%	0.14%	Unchanged
76	ALPHABET INC CAP STK CL C GOOG	GOOG	6,225	$1.1m0.13%	0.13%	Unchanged
77	PARSONS CORP DEL NOTE 2.625% 3/0 · principal PSN 2.625 03.01.29 · principal	PSN 2.625 03.01.29	1,000,000	$1.1m0.12%	0.12%	Unchanged
78	HESS CORP COM HES	HES	7,388	$1.0m0.12%	0.12%	Reduced -52.4k	-52,368 -87.6%
79	ON SEMICONDUCTOR CORP NOTE 0.500% 3/0 · principal ON 0.5 03.01.29 · principal	ON 0.5 03.01.29	1,100,000	$1.0m0.12%	0.12%	Unchanged
80	VERINT SYSTEMS INC NOTE 0.250% 4/1 · principal VRNT 0.25 04.15.26 · principal	VRNT 0.25 04.15.26	1,000,000	$956.5k0.11%	0.11%	Unchanged
81	BIOMARIN PHARMACEUTICAL INC NOTE 1.250% 5/1 · principal BMRN 1.25 05.15.27 · principal	BMRN 1.25 05.15.27	1,000,000	$941.3k0.11%	0.11%	Unchanged
82	AMERICAN INTEGRITY INS GROUP COM AII	AII	46,160	$848.9k0.10%	0.10%	New
83	HAMILTON INSURANCE GROUP LTD CL B HG	HG	37,300	$806.4k0.09%	0.09%	New
84	HORACE MANN EDUCATORS CORP N COM HMN	HMN	18,220	$782.9k0.09%	0.09%	Unchanged
85	ASTRAZENECA PLC SPONSORED ADR SPONSORED ADR		9,385	$655.8k0.08%	0.08%	Added +2.3k	+2,330 33.0%
86	TIMBERLAND BANCORP INC COM TSBK	TSBK	18,672	$582.6k0.07%	0.07%	Unchanged
87	MIDDLEBY CORP NOTE 1.000% 9/0 · principal MIDD 1 09.01.25 · principal	MIDD 1 09.01.25	500,000	$560.8k0.07%	0.07%	Unchanged
88	FOUR CORNERS PPTY TR INC COM FCPT	FCPT	19,563	$526.4k0.06%	0.06%	Unchanged
89	BUSINESS FIRST BANCSHARES IN COM BFST	BFST	21,000	$517.6k0.06%	0.06%	Unchanged
90	SENSATA TECHNOLOGIES HLDG PL SHS ST	ST	14,900	$448.6k0.05%	0.05%	Unchanged
91	ON SEMICONDUCTOR CORP NOTE 5/0 · principal ON 0 05.01.27 · principal	ON 0 05.01.27	200,000	$236.8k0.03%	0.03%	Unchanged

Sold out since Q1 2025

Security	Ticker	Shares held before	Value then
FORTUNE BRANDS INNOVATIONS I FBIN	FBIN	147,380	$9.0m147.4k shares
HENRY SCHEIN INC HSIC	HSIC	112,966	$7.7m113.0k shares
OPTION CARE HEALTH INC OPCH	OPCH	111,200	$3.9m111.2k shares
VISHAY INTERTECHNOLOGY INC VSH 2.25 06.15.25	VSH 2.25 06.15.25	1,100,000	$1.1m1.1m shares
WILLIAM PENN BANCORPORATION		52,800	$576.6k52.8k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
US BANCORP DEL USB · Call	USB	Call	110,200	$5.0m110.2k shares	Unchanged
WALMART INC WMT · Put	WMT	Put	48,000	$4.7m48.0k shares	New
MURPHY OIL CORP MUR · Call	MUR	Call	145,000	$3.3m145.0k shares	Unchanged