Cno Financial Group, Inc.
CNO Financial Group, Inc. is an American financial services holding company headquartered in Carmel, Indiana. Founded in 1979, the company operates through a family of subsidiaries including Bankers Life and Casualty Company, Colonial Penn Life Insurance Company, Washington National Insurance Company, and investment management firm 40/86 Advisors. CNO Financial Group employs approximately 3,500 people and focuses on providing life and health insurance, annuities, and financial services to middle-income Americans nationally.
Investment Strategy
CNO Financial Group and its subsidiaries provide insurance and financial products aimed primarily at middle-income individuals and retirees across the United States. Their strategy focuses on the distribution of life insurance, annuities, and supplemental health insurance through a multi-channel model utilizing independent and career agents as well as direct channels like TV and direct mail. Investments of client premiums are managed through their affiliate, 40/86 Advisors, with an emphasis on long-term growth and stability consistent with insurance liabilities and prudent risk management.
Top Holdings
Equity Positions (10)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
B BKLN | INVESCO EXCH TRADED FD TR II | 24.40% | $39.5M | 1,887,000 | $20.70 | $20.92 | -$4.6M |
S SRLN | SSGA ACTIVE ETF TR | 22.16% | $35.9M | 862,000 | $41.40 | $41.59 | +$21.2M |
S SPHY | SPDR SERIES TRUST | 15.71% | $25.4M | 1,068,000 | $23.65 | $23.80 | +$15.6M |
P PSK | SPDR SERIES TRUST | 13.74% | $22.2M | 700,000 | $32.39 | $31.76 | -$441.0K |
L LQD | ISHARES TR | 8.47% | $13.7M | 125,000 | $108.69 | $109.61 | +$115.0K |