Cherokee Insurance Co.
Cherokee Insurance Company is a property and casualty insurance firm headquartered in Sterling Heights, Michigan. Founded over 25 years ago, the company specializes in providing insurance products—such as liability, cargo, and fleet insurance—to transportation businesses including trucking, logistics, and freight services. Cherokee is licensed in 47 states, operates in both the US and Canada, and is a wholly-owned subsidiary of Oakland Financial Corporation since 1997. It maintains an 'A' (Excellent) rating from AM Best, reflecting its strong financial position. The company serves both small and large transportation clients, leveraging advanced technology and analytics for underwriting and risk management. Cherokee has approximately 32 employees.
Investment Strategy
Cherokee Insurance Company focuses on offering tailored casualty insurance solutions to transportation sector clients, including trucking, logistics, and freight businesses throughout North America. Their investment approach leverages advanced technology and data analytics to optimize underwriting, risk management, and claims processes. The company is committed to financial reliability and flexibility, with a diversified portfolio of insurance products, and continually invests in upgrading its operational infrastructure, such as cloud-native platforms, to enhance customer experience and enterprise efficiency. Risk mitigation and robust financial reserves, according to best practices and regulatory guidelines, are central to Cherokee’s philosophy.
Latest 13F Filing Activity
Cherokee Insurance Co. filed their most recent 13F report on Jun 30, 2025 disclosing 122 equity positions with a total 13F market value of $229M. The fund increased holdings in Microsoft Corp., JPMorgan Chase & Co., Fedex Corp. among other positions. Cherokee Insurance Co. reduced exposure to Oneok Inc. New, Chevron Corp. New, Unitedhealth Group Inc. among others.
Top Holdings
Equity Positions (122)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A AAPL | APPLE INC | 4.82% | $11.1M | 53,900 | $249.58 | $205.17 | -$692.0K |
M MSFT | MICROSOFT CORP | 4.39% | $10.1M | 20,225 | $420.82 | $497.41 | +$2.5M |
I IP | INTERNATIONAL PAPER CO | 4.16% | $9.5M | 203,400 | $53.48 | $46.83 | -$792.7K |
L LLY | ELI LILLY & CO | 3.67% | $8.4M | 10,800 | $772.00 | $779.53 | -$500.9K |
C CVX | CHEVRON CORP NEW | 3.45% | $7.9M | 55,299 | $144.84 | $143.19 | -$1.3M |