American Financial Group Inc.
American Financial Group, Inc. is a publicly traded financial services holding company headquartered in Cincinnati, OH. Founded in 1872, it specializes in property and casualty insurance via subsidiaries like Great American Insurance Company and also offers annuities, life insurance, and supplemental insurance products. The firm employs several thousand people and serves both individual and institutional clients. Principal ownership is held by the Lindner family, with Carl H. Lindner III and S. Craig Lindner serving as co-CEOs.
Investment Strategy
American Financial Group primarily focuses on specialty commercial property and casualty insurance and annuities. Through its subsidiaries, AFG adopts a disciplined underwriting approach, tailoring insurance products for niche markets such as equine, trucking, executive liability, fidelity, crime, and agribusiness. The investment portfolio is managed to support insurance operations, with an emphasis on conservative asset allocation, high-quality fixed income holdings, and risk-adjusted returns. The firm regularly expands into specialty market segments and places strong emphasis on capital preservation and long-term value creation.
Latest 13F Filing Activity
American Financial Group Inc. filed their most recent 13F report on Jun 30, 2025 disclosing 60 equity positions with a total 13F market value of $267M. The fund increased holdings in Voyager Technologies Inc., Citigroup Inc., Uber Technologies Inc. among other positions. American Financial Group Inc. reduced exposure to Arcelormittal SA Luxembourg, Eos Energy Enterprises Inc., Talos Energy Inc. among others.
Top Holdings
Equity Positions (60)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
V VOYG | VOYAGER TECHNOLOGIES INC | 15.38% | $41.0M | 1,044,941 | $39.25 | $39.25 | +$41.0M |
N NXST | NEXSTAR MEDIA GROUP INC | 14.76% | $39.3M | 227,482 | $69.00 | $172.95 | -$1.4M |
C C | CITIGROUP INC | 10.06% | $26.8M | 315,000 | $50.97 | $85.12 | +$4.5M |
A ACI | ALBERTSONS COS INC | 6.35% | $16.9M | 786,786 | $20.78 | $21.51 | -$377.7K |
T TALO | TALOS ENERGY INC | 4.73% | $12.6M | 1,487,637 | $14.84 | $8.48 | -$1.8M |