PLMRNasdaqFire, Marine & Casualty InsuranceFiscal year ends December 31
Palomar Holdings, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$137.83−1.76 (-1.26%)
Close on Oct 19, 2026
- Market cap
- $3.73B
- P/E (TTM)
- 18.6
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
92.6%
24M of 26M shares
Institutional holders
341
50 new, 45 sold out
Net institutional buying
1M
In Q2 2026
Insider trades, 12 months
1 buys · 93 sales
Net sold $21.91M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 3,919,925 | 14.70% | 13G (passive) amendment | Mar 31, 2025 |
| Vanguard Capital Management | 1,401,561 | 5.25% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of PLMR | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 4,401,832 | 16.73% | $556.35M | +16,694 | 0.01% |
| Vanguard Portfolio Management LLC | 1,234,699 | 4.69% | $156.05M | +15,739 | 0.01% |
| Vanguard Capital Management LLC | 1,192,254 | 4.53% | $150.69M | −6,283 | 0.00% |
| State Street Corp | 1,122,717 | 4.27% | $141.90M | +60,429 | 0.00% |
| Jupiter Topco LLC | 1,045,459 | 3.97% | $132.17M | New | 0.05% |
| American Century Companies Inc | 767,319 | 2.92% | $96.98M | +181,609 | 0.04% |
| Stephens Investment Management Group LLC | 732,301 | 2.78% | $92.56M | +17,387 | 0.99% |
| Geode Capital Management, LLC | 715,901 | 2.72% | $90.50M | +32,887 | 0.00% |
| Sumitomo Mitsui Trust Holdings, Inc. | 713,127 | 2.71% | $90.13M | −3,208 | 0.05% |
| Hood River Capital Management LLC | 682,283 | 2.59% | $86.23M | +256,237 | 0.63% |
| Westfield Capital Management Co LP | 668,854 | 2.54% | $84.54M | −185,262 | 0.28% |
| Dimensional Fund Advisors LP | 662,894 | 2.52% | $83.78M | +9,868 | 0.02% |
| Freestone Grove Partners LP | 622,335 | 2.36% | $78.66M | +145,851 | 0.50% |
| Citadel Advisors LLC | 391,299 | 1.49% | $49.46M | +78,567 | 0.01% |
| T. Rowe Price Investment Management, Inc. | 343,967 | 1.31% | $43.47K | +211,622 | 0.03% |
| Artemis Investment Management LLP | 333,968 | 1.27% | $42.21M | +59,354 | 0.38% |
| Voya Investment Management LLC | 325,715 | 1.24% | $41.17M | +5,265 | 0.04% |
| Point72 Asset Management, L.P. | 311,367 | 1.18% | $39.35M | +162,789 | 0.04% |
| Northern Trust Corp | 306,783 | 1.17% | $38.77M | +19,072 | 0.00% |
| Federated Hermes, Inc. | 302,615 | 1.15% | $38.25M | −6,138 | 0.05% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 341 | 24M | 92.6% | 50 / 124 | 114 / 45 | 3M | 2M |
| Q1 2026 | 343 | 25M | 93.6% | 55 / 125 | 113 / 46 | 5M | 2M |
| Q4 2025 | 340 | 24M | 91.8% | 58 / 130 | 111 / 63 | 3M | 2M |
| Q3 2025 | 352 | 24M | 90.8% | 51 / 125 | 136 / 79 | 3M | 4M |
| Q2 2025 | 386 | 25M | 93.3% | 87 / 140 | 128 / 33 | 3M | 3M |
| Q1 2025 | 337 | 24M | 92.8% | 79 / 114 | 114 / 21 | 2M | 2M |
| Q4 2024 | 280 | 24M | 92.3% | 41 / 113 | 88 / 34 | 2M | 2M |
| Q3 2024 | 275 | 24M | 91.9% | 66 / 105 | 65 / 18 | 7M | 1M |
| Q2 2024 | 229 | 23M | 86.9% | 36 / 90 | 75 / 25 | 2M | 2M |
| Q1 2024 | 220 | 23M | 87.1% | 45 / 78 | 73 / 26 | 2M | 2M |
| Q4 2023 | 202 | 23M | 87.6% | 39 / 69 | 75 / 14 | 3M | 2M |
| Q3 2023 | 179 | 22M | 83.6% | 19 / 64 | 74 / 16 | 1M | 1M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of PLMR | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 1,596,880 | 6.07% | $201.83M | 0.18% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 839,261 | 3.19% | $106.07M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 682,422 | 2.59% | $86.25M | 0.10% | Jun 30, 2026 |
| Avantis U.S. Small Cap Value ETF | 570,162 | 2.17% | $61.03M | 0.23% | May 31, 2026 |
| Vanguard Explorer Fund | 483,372 | 1.84% | $64.67M | 0.29% | Jul 31, 2026 |
| Hood River Small-Cap Growth Fund | 345,963 | 1.31% | $43.73M | 0.66% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 304,549 | 1.16% | $38.49M | 0.04% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 303,607 | 1.15% | $38.37M | 0.02% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 290,321 | 1.10% | $38.84M | 0.11% | Jul 31, 2026 |
| Harbor Small Cap Growth Fund | 282,074 | 1.07% | $37.74M | 1.42% | Jul 31, 2026 |
| Janus Henderson Triton Fund | 274,416 | 1.04% | $34.68M | 0.58% | Jun 30, 2026 |
| iShares Russell 2000 Growth ETF | 245,412 | 0.93% | $31.02M | 0.20% | Jun 30, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 243,895 | 0.93% | $30.83M | 0.18% | Jun 30, 2026 |
| iShares S&P Small-Cap 600 Growth ETF | 237,899 | 0.90% | $30.07M | 0.37% | Jun 30, 2026 |
| Castellan Targeted Equity ETF | 193,902 | 0.74% | $20.76M | 3.40% | May 29, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Mac Armstrong | CEO and Chairman, Director | 480,454 | 1.83% | Sep 22, 2026 |
| Jon Christianson | President | 66,970 | 0.25% | Aug 20, 2026 |
| Jonathan Knutzen | Chief Risk Officer | 28,250 | 0.11% | Aug 20, 2026 |
| T. Christopher Uchida | Chief Financial Officer | 16,238 | 0.06% | Aug 20, 2026 |
| Rodolphe Herve | Chief Operating Officer | 3,548 | 0.01% | Aug 4, 2026 |
| Timothy Carter | Chief People Officer | 1,850 | 0.01% | Jun 30, 2026 |
| Angela L. Grant | Chief Legal Officer | 6,336 | 0.02% | Feb 4, 2026 |
| Daryl Bradley | Director | 7,313 | 0.03% | Sep 11, 2026 |
| Martha Notaras | Director | 10,896 | 0.04% | Jun 3, 2026 |
| Scott L. Beiser | Director | 7,369 | 0.03% | May 26, 2026 |
| Catriona M. Fallon | Director | 9,355 | 0.04% | May 26, 2026 |
| Thomas A. Bradley | Director | 8,074 | 0.03% | May 26, 2026 |
| Daina Middleton | Director | 7,509 | 0.03% | May 26, 2026 |
| Richard H. Taketa | Director | 46,030 | 0.17% | May 26, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Mac Armstrong CEO and Chairman, Director | Sep 21, 2026 | Sale(10b5-1 plan) | −2,100 | $134.60 | $282.66K | 320,288 |
| Mac Armstrong CEO and Chairman, Director | Sep 21, 2026 | Sale(10b5-1 plan) | −1,400 | $135.57 | $189.80K | 318,888 |
| Daryl Bradley Director | Sep 2, 2026 | Buy | +1.02 | $131.96 | $135 | 7,313 |
| Mac Armstrong CEO and Chairman, Director | Aug 21, 2026 | Sale(10b5-1 plan) | −2,339 | $130.49 | $305.22K | 323,180 |
| Mac Armstrong CEO and Chairman, Director | Aug 21, 2026 | Sale(10b5-1 plan) | −792 | $131.37 | $104.05K | 322,388 |
| Mac Armstrong CEO and Chairman, Director | Aug 21, 2026 | Sale(10b5-1 plan) | −369 | $129.65 | $47.84K | 325,519 |
| T. Christopher Uchida Chief Financial Officer | Aug 18, 2026 | Sale | −791 | $127.74 | $101.04K | 16,238 |
| T. Christopher Uchida Chief Financial Officer | Aug 18, 2026 | Option exercise | +1,530 | – | – | 17,029 |
| Jonathan Knutzen Chief Risk Officer | Aug 18, 2026 | Sale | −296 | $127.75 | $37.81K | 28,250 |
| Jonathan Knutzen Chief Risk Officer | Aug 18, 2026 | Option exercise | +612 | – | – | 28,546 |
| Jon Christianson President | Aug 18, 2026 | Sale | −528 | $127.75 | $67.45K | 66,970 |
| Jon Christianson President | Aug 18, 2026 | Option exercise | +1,020 | – | – | 67,498 |
| Rodolphe Herve Chief Operating Officer | Jul 31, 2026 | Sale | −389 | $135.35 | $52.65K | 3,548 |
| Rodolphe Herve Chief Operating Officer | Jul 31, 2026 | Option exercise | +1,991 | – | – | 5,539 |
| Rodolphe Herve Chief Operating Officer | Jul 31, 2026 | Sale | −818 | $135.35 | $110.72K | 4,721 |
| Rodolphe Herve Chief Operating Officer | Jul 31, 2026 | Option exercise | +1,077 | – | – | 3,937 |
| Mac Armstrong CEO and Chairman, Director | Jul 21, 2026 | Sale(10b5-1 plan) | −200 | $139.43 | $27.89K | 325,888 |
| Mac Armstrong CEO and Chairman, Director | Jul 21, 2026 | Sale(10b5-1 plan) | −260 | $138.47 | $36.00K | 326,088 |
| Mac Armstrong CEO and Chairman, Director | Jul 21, 2026 | Sale(10b5-1 plan) | −937 | $137.74 | $129.06K | 326,348 |
| Mac Armstrong CEO and Chairman, Director | Jul 21, 2026 | Sale(10b5-1 plan) | −2,103 | $136.70 | $287.48K | 327,285 |
| Jon Christianson President | Jul 20, 2026 | Option exercise | +3,000 | $87.51 | $262.53K | 69,478 |
| Jon Christianson President | Jul 20, 2026 | Sale(10b5-1 plan) | −3,000 | $139.50 | $418.50K | 66,478 |
| Mac Armstrong CEO and Chairman, Director | Jul 15, 2026 | Option exercise | +112,500 | – | – | 217,612 |
| Mac Armstrong CEO and Chairman, Director | Jul 15, 2026 | Option exercise | +6,250 | – | – | 108,309 |
| Mac Armstrong CEO and Chairman, Director | Jul 15, 2026 | Sale | −3,197 | $131.66 | $420.92K | 105,112 |
| Mac Armstrong CEO and Chairman, Director | Jul 15, 2026 | Sale | −57,544 | $131.66 | $7.58M | 160,068 |
| Jon Christianson President | Jul 2, 2026 | Option exercise | +4,429 | $87.51 | $387.58K | 70,907 |
| Jon Christianson President | Jul 2, 2026 | Sale(10b5-1 plan) | −2,434 | $139.50 | $339.54K | 66,478 |
| Jon Christianson President | Jul 2, 2026 | Option exercise | +2,434 | $49.53 | $120.56K | 68,912 |
| Jon Christianson President | Jul 2, 2026 | Sale(10b5-1 plan) | −4,429 | $139.50 | $617.85K | 66,478 |
| Timothy Carter Chief People Officer | Jun 28, 2026 | Option exercise | +492 | – | – | 1,850 |
| Timothy Carter Chief People Officer | Jun 28, 2026 | Option exercise | +820 | – | – | 2,490 |
| Timothy Carter Chief People Officer | Jun 28, 2026 | Sale | −180 | $124.29 | $22.37K | 1,670 |
| Timothy Carter Chief People Officer | Jun 28, 2026 | Sale | −300 | $124.29 | $37.29K | 2,190 |
| Mac Armstrong CEO and Chairman, Director | Jun 22, 2026 | Sale(10b5-1 plan) | −1,495 | $113.28 | $169.35K | 329,388 |
| Mac Armstrong CEO and Chairman, Director | Jun 22, 2026 | Sale(10b5-1 plan) | −2,005 | $112.72 | $226.00K | 330,883 |
| Martha Notaras Director | Jun 2, 2026 | Option exercise | +1,722 | $58.06 | $99.98K | 10,896 |
| Daina Middleton Director | May 21, 2026 | Award | +1,304 | – | – | 7,509 |
| Richard H. Taketa Director | May 21, 2026 | Award | +1,304 | – | – | 46,030 |
| Martha Notaras Director | May 21, 2026 | Award | +1,304 | – | – | 9,174 |
| Thomas A. Bradley Director | May 21, 2026 | Award | +1,304 | – | – | 8,074 |
| Catriona M. Fallon Director | May 21, 2026 | Award | +1,304 | – | – | 9,355 |
| Scott L. Beiser Director | May 21, 2026 | Award | +869 | – | – | 869 |
| Scott L. Beiser Director | May 21, 2026 | Award | +1,304 | – | – | 2,173 |
| Daryl Bradley Director | May 21, 2026 | Award | +1,304 | – | – | 7,312 |
| Mac Armstrong CEO and Chairman, Director | May 21, 2026 | Sale(10b5-1 plan) | −1,328 | $113.93 | $151.30K | 335,060 |
| Mac Armstrong CEO and Chairman, Director | May 21, 2026 | Sale(10b5-1 plan) | −2,172 | $114.67 | $249.06K | 332,888 |
| Jon Christianson President | May 18, 2026 | Option exercise | +1,020 | – | – | 67,000 |
| Jon Christianson President | May 18, 2026 | Sale | −522 | $115.26 | $60.17K | 66,478 |
| T. Christopher Uchida Chief Financial Officer | May 18, 2026 | Option exercise | +1,530 | – | – | 16,282 |
| T. Christopher Uchida Chief Financial Officer | May 18, 2026 | Sale | −783 | $115.26 | $90.25K | 15,499 |
| Jonathan Knutzen Chief Risk Officer | May 18, 2026 | Sale | −281 | $115.26 | $32.39K | 27,934 |
| Jonathan Knutzen Chief Risk Officer | May 18, 2026 | Option exercise | +612 | – | – | 28,215 |
| Mac Armstrong CEO and Chairman, Director | Apr 21, 2026 | Sale(10b5-1 plan) | −1,622 | $129.91 | $210.71K | 338,266 |
| Mac Armstrong CEO and Chairman, Director | Apr 21, 2026 | Sale(10b5-1 plan) | −678 | $131.11 | $88.89K | 337,588 |
| Mac Armstrong CEO and Chairman, Director | Apr 21, 2026 | Sale(10b5-1 plan) | −1,200 | $131.73 | $158.08K | 336,388 |
| Mac Armstrong CEO and Chairman, Director | Apr 15, 2026 | Option exercise | +6,250 | – | – | 105,256 |
| Mac Armstrong CEO and Chairman, Director | Apr 15, 2026 | Sale | −3,197 | $129.46 | $413.88K | 102,059 |
| Jon Christianson President | Apr 15, 2026 | Sale(10b5-1 plan) | −80 | $129.33 | $10.35K | 65,919 |
| Jon Christianson President | Apr 15, 2026 | Sale(10b5-1 plan) | −1,857 | $128.59 | $238.79K | 65,999 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Family Trust U/A Dtd 04/07/2011 Armstrong Director, Officer | Sep 21, 2026 | 3,500 | $476.00K | Sep 21, 2026 | Performance Stock Units |
| Family Trust U/A Dtd 04/07/2011 Armstrong Director, Officer | Aug 21, 2026 | 3,500 | $451.05K | Aug 21, 2026 | Performance Stock Units |
| T. Christopher Uchida Officer | Aug 14, 2026 | 918 | $117.68K | Aug 18, 2026 | Restricted Stock |
| Jon Christianson Officer | Aug 14, 2026 | 612 | $78.45K | Aug 18, 2026 | Restricted Stock |
| Rodolphe Herve Officer | Jul 28, 2026 | 1,841 | $259.21K | Jul 31, 2026 | Restricted Stock |
| Family Trust U/A Dtd 04/07/2011 Armstrong Director, Officer | Jul 21, 2026 | 3,500 | $490.42K | Jul 21, 2026 | Restricted and Performance Stock Units |
| Mac Armstrong Officer, Director | Jul 9, 2026 | 71,250 | $10.30M | Jul 15, 2026 | Restricted Stock |
| Christianson Jon Officer | Jul 2, 2026 | 12,863 | $1.72M | Jul 2, 2026 | Exercise of Stock Options |
| Timothy Carter Officer | Jun 24, 2026 | 787 | $93.58K | Jun 28, 2026 | Restricted Stock |
| Family Trust U/A Dtd 04/07/2011 Armstrong Director, Officer | Jun 22, 2026 | 3,500 | $390.95K | Jun 22, 2026 | Restricted Stock Units |
| Family Trust U/A Dtd 04/07/2011 Armstrong Director, Officer | May 21, 2026 | 3,500 | $405.34K | May 21, 2026 | Restricted Stock Units |
| Jon Christianson Officer | May 18, 2026 | 612 | $66.19K | May 18, 2026 | Restricted Stock |
| T. Christopher Uchida Officer | May 14, 2026 | 918 | $99.29K | May 18, 2026 | Restricted Stock |
| Family Trust U/A Dtd 04/07/2011 Armstrong Director, Officer | Apr 21, 2026 | 3,500 | $463.44K | Apr 21, 2026 | Restricted Stock Units |
| Mac Armstrong Officer, Director | Apr 9, 2026 | 3,750 | $481.31K | Apr 15, 2026 | Restricted Stock |