Varma Mutual Pension Insurance Co

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CIK 1698484

13F portfolio (2026-Q1)

$17.0B

Positions

319

Implied 1Y CAGR

modeled · as filed

Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.

Implied return what this book implies · modeled, not advice methodology →

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As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).

Computing…

Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.

Exposures · what this manager owns, by sector & size (2026-Q1)

Holdings

319

Top 5

36.0%

Top 10

50.7%

Effective N

28.7

HHI

0.035

This quarter

16 new · 0 exit →

By sector

Unclassified46.5%

Information Technology18.9%

Financials7.2%

Consumer Discretionary6.0%

Communication Services5.6%

Industrials4.3%

Health Care3.7%

Materials2.3%

Other5.4%

By market cap

Unknown48.9%

Mega (>$200B)31.4%

Large ($10–200B)19.6%

Mid ($2–10B)0.0%

By region

North America52.5%

Other46.5%

Asia-Pacific0.8%

Europe0.1%

Africa0.1%

Latin America0.0%

By industry group GICS — finer than sector

Industry group	Weight	Names
Unclassified	46.52%	28
Semiconductors & Semiconductor Equipment	7.76%	14
Technology Hardware & Equipment	5.66%	18
Software & IT Services	4.58%	9
Software	4.24%	20
Specialty Retail	3.64%	10
Banks	3.23%	19
Pharmaceuticals & Biotechnology	2.93%	13
Commercial Services & Supplies	2.25%	20
Oil, Gas & Consumable Fuels	1.97%	9
Machinery	1.78%	13
Capital Markets	1.47%	13
Insurance	1.45%	16
Equity Real Estate Investment Trusts (REITs)	1.20%	13
Automobiles & Components	1.16%	4
Metals & Mining	1.14%	10
Chemicals	1.03%	9
Utilities	0.99%	10
Health Care Equipment & Supplies	0.74%	8
Electrical Equipment & Components	0.69%	4
Media & Entertainment	0.66%	6
Hotels, Restaurants & Leisure	0.65%	6
Beverages	0.64%	4
Road & Rail	0.58%	6
Diversified Telecommunication Services	0.55%	3
Distributors	0.43%	5
Food Products	0.24%	3
Communications Equipment	0.21%	2
Entertainment	0.16%	1
Real Estate Management & Development	0.16%	2
Construction & Engineering	0.15%	2
Aerospace & Defense	0.14%	2
Transportation Infrastructure	0.14%	1
Professional Services	0.13%	3
Life Sciences Tools & Services	0.11%	3
Agricultural Products	0.09%	1
Textiles, Apparel & Luxury Goods	0.09%	2
Marine	0.08%	1
Food & Staples Retailing	0.08%	1
Construction Materials	0.07%	1
Leisure Products	0.06%	1
Paper & Forest Products	0.06%	1
Health Care Providers & Services	0.05%	1
Media & Publishing	0.03%	1

Top holdings

#	Ticker	Name	Sector	Weight
1	IGV	ISHARES TR	Unclassified	9.60%
2	KLMN	Invesco MSCI North America Climate ETF	Unclassified	8.82%
3	KLMT	INVESCO EXCH TRADED FD TR II	Unclassified	7.97%
4	XLE	SELECT SECTOR SPDR TR	Unclassified	5.08%
5	EMCS	DBX ETF TR	Unclassified	4.51%
6	NVDA	NVIDIA CORP	Information Technology	4.01%
7	AAPL	Apple Inc.	Information Technology	3.64%
8	GOOGL	Alphabet Inc.	Communication Services	2.61%
9	MSFT	MICROSOFT CORP	Information Technology	2.44%
10	LCTU	BLACKROCK ETF TRUST	Unclassified	1.99%

292/319 names classified · sector 53.5% of weight · industry 53.5% · mkt cap 51.1%; unclassified names shown, never dropped.

Sector allocation over time · how the GICS mix & top names shifted quarter by quarter

top 5/sector, rest → “Other” · 34 quarters

Information TechnologyAAPL, MSFT, NVDA, CRM, ADBE · other

Health CareLLY, JNJ, ISRG, ZTS, AMGN · other

FinancialsV, UNH, MA, PYPL, JPM · other

IndustrialsCAT, DE, BABA, RCL, LUV · other

Consumer DiscretionaryAMZN, TSLA, HD, COST, WMT · other

Communication ServicesGOOGL, META, GOOG, NFLX, DIS · other

MaterialsPG, NKE, LIN, ECL, HWM · other

Consumer StaplesKO, PEP, CVS, BYND, KR · other

EnergyXOM, CVX, COP, ENB, EOG · other

Real EstatePLD, AMT, WELL, BN, EQIX · other

UtilitiesNEE, KMI, WMB, OKE, TRP · other

UnclassifiedVOO, IVV, QQQ, IEMG, SPY · other

Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 53.5% of the book is sector-classified (unclassified names shown, never dropped).

Style box · size × value-growth placement of the reported book (2026-Q1), classified on current fundamentals (not point-in-time) — load it into PORT to overlay your own portfolio

Only 50% of book weight classified — the grid is NOT representative of the whole book.

holdings, colored by sector (248 classified)Varma Mutual Pension Insurance Co centroid (Large Core)

Information TechnologyFinancialsConsumer DiscretionaryCommunication ServicesIndustrialsHealth CareEnergyMaterialsReal EstateConsumer StaplesUtilities

Style box summary for Varma Mutual Pension Insurance Co: centroid Large Core. Heaviest cells: Large Growth 22.4%, Large Core 13.3%, Large Value 7.2%.

Classified: 49.8% of book weight (248/319 names) · unclassified 50.2%: IGV, KLMN, KLMT, XLE, EMCS, LCTU, KWEB, QQQ, VCIT, TSM +61 more. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.

Contribution holdings-based, any period

No contribution data for this period.

Holdings· 319 positions (2026-Q1) · largest first · Δ vs 2025-Q4

#	Security	Shares	Value	Weight	Δ QoQ
1	IGVISHARES TR	20,358,901	$1.6B	9.6%	NEW
2	KLMNInvesco MSCI North America Climate ETF	56,035,951	$1.5B	8.8%	TRIM −41%
3	KLMTINVESCO EXCH TRADED FD TR II	44,931,497	$1.4B	8.0%	HOLD
4	XLESELECT SECTOR SPDR TR	14,067,185	$862M	5.1%	NEW
5	EMCSDBX ETF TR	20,621,177	$766M	4.5%	ADD 17%
6	NVDANVIDIA CORPORATION	3,908,266	$682M	4.0%	TRIM −3%
7	AAPLAPPLE INC	2,436,883	$618M	3.6%	TRIM −2%
8	GOOGLALPHABET INC	1,542,199	$443M	2.6%	TRIM −4%
9	MSFTMICROSOFT CORP	1,118,076	$414M	2.4%	HOLD
10	LCTUBLACKROCK ETF TRUST	4,814,000	$338M	2.0%	HOLD
11	AMZNAMAZON COM INC	1,557,111	$324M	1.9%	TRIM −5%
12	KWEBKRANESHARES TRUST CSI CHI INTERNET	8,885,966	$253M	1.5%	NEW
13	QQQINVESCO QQQ TR	400,000	$231M	1.4%	NEW
14	VCITVANGUARD SCOTTSDALE FDS	2,700,000	$223M	1.3%	HOLD
15	METAMETA PLATFORMS INC	380,894	$218M	1.3%	HOLD
16	AVGOBROADCOM INC	621,930	$192M	1.1%	TRIM −3%
17	TSLATESLA INC	414,023	$154M	0.9%	ADD 2%
18	JPMJPMORGAN CHASE & CO	450,511	$133M	0.8%	HOLD
19	TSMTAIWAN SEMICONDUCTOR MFG LTD	364,600	$123M	0.7%	HOLD
20	VCLTVANGUARD SCOTTSDALE FDS	1,600,000	$120M	0.7%	HOLD
21	XOMEXXON MOBIL CORP	662,803	$112M	0.7%	HOLD
22	LLYELI LILLY & CO	117,868	$108M	0.6%	TRIM −4%
23	JNJJOHNSON & JOHNSON	381,356	$93M	0.5%	HOLD
24	VVISA INC	291,341	$88M	0.5%	HOLD
25	WMTWALMART INC	665,366	$83M	0.5%	HOLD
26	VWOBVANGUARD WHITEHALL FDS	1,250,000	$82M	0.5%	HOLD
27	EMLCVANECK ETF TRUST	3,100,000	$78M	0.5%	HOLD
28	MAMASTERCARD INCORPORATED	148,208	$74M	0.4%	HOLD
29	EWZISHARES INC MSCI BRAZIL ETF	1,800,550	$69M	0.4%	NEW
30	VCEBVANGUARD WORLD FD	1,100,000	$69M	0.4%	HOLD
31	CVXCHEVRON CORP NEW	308,436	$64M	0.4%	HOLD
32	COSTCOSTCO WHSL CORP NEW	63,957	$64M	0.4%	TRIM −2%
33	NFLXNETFLIX INC	620,250	$60M	0.4%	HOLD
34	BACBANK AMERICA CORP	1,196,424	$58M	0.3%	HOLD
35	ABBVABBVIE INC	266,667	$58M	0.3%	HOLD
36	MUMICRON TECHNOLOGY INC	170,071	$57M	0.3%	HOLD
37	ASHRDBX ETF TR XTRACK HRVST CSI	1,700,000	$55M	0.3%	NEW
38	GOOGALPHABET INC	190,914	$55M	0.3%	HOLD
39	PGPROCTER AND GAMBLE CO	378,855	$55M	0.3%	HOLD
40	CATCATERPILLAR INC	76,416	$54M	0.3%	HOLD
41	KOCOCA COLA CO	707,276	$54M	0.3%	HOLD
42	PLTRPALANTIR TECHNOLOGIES INC	365,900	$54M	0.3%	ADD 10%
43	AMATAPPLIED MATLS INC	156,582	$54M	0.3%	ADD 6%
44	LRCXLAM RESEARCH CORP	241,730	$52M	0.3%	ADD 4%
45	ECHISHARES INC MSCI CHILE ETF	1,294,477	$51M	0.3%	NEW
46	AMDADVANCED MICRO DEVICES INC	242,917	$49M	0.3%	HOLD
47	HDHOME DEPOT INC	150,095	$49M	0.3%	TRIM −3%
48	GEGE AEROSPACE	173,745	$49M	0.3%	HOLD
49	MRKMERCK & CO INC	406,874	$49M	0.3%	ADD 3%
50	CSCOCISCO SYS INC	611,847	$47M	0.3%	TRIM −7%
51	GSGOLDMAN SACHS GROUP INC	55,200	$47M	0.3%	TRIM −8%
52	KLACKLA CORP	30,964	$46M	0.3%	ADD 26%
53	WFCWELLS FARGO CO NEW	538,759	$43M	0.3%	HOLD
54	GEVGE VERNOVA INC	45,443	$40M	0.2%	ADD 3%
55	LINLINDE PLC	79,585	$39M	0.2%	HOLD
56	CCITIGROUP INC	341,876	$39M	0.2%	HOLD
57	RYROYAL BK CDA	240,529	$39M	0.2%	HOLD
58	PEPPEPSICO INC	246,557	$38M	0.2%	HOLD
59	UNHUNITEDHEALTH GROUP INC	140,062	$38M	0.2%	ADD 5%
60	VZVERIZON COMMUNICATIONS INC	742,109	$37M	0.2%	HOLD
61	MSMORGAN STANLEY	221,412	$36M	0.2%	HOLD
62	COPCONOCOPHILLIPS	275,852	$36M	0.2%	HOLD
63	TAT&T INC	1,248,460	$36M	0.2%	HOLD
64	AXPAMERICAN EXPRESS CO	110,935	$34M	0.2%	HOLD
65	AMGNAMGEN INC	95,159	$33M	0.2%	ADD 8%
66	MCDMCDONALDS CORP	107,366	$33M	0.2%	TRIM −9%
67	ORCLORACLE CORP	224,518	$33M	0.2%	TRIM −12%
68	EMBISHARES TR	350,000	$33M	0.2%	HOLD
69	IBMINTERNATIONAL BUSINESS MACHS	132,408	$32M	0.2%	TRIM −5%
70	TMOTHERMO FISHER SCIENTIFIC INC	63,217	$31M	0.2%	HOLD
71	INTCINTEL CORP	693,623	$31M	0.2%	HOLD
72	EWYISHARES INC MSCI STH KOR ETF	248,071	$31M	0.2%	NEW
73	NEENEXTERA ENERGY INC	325,893	$30M	0.2%	HOLD
74	ABTABBOTT LABS	291,652	$30M	0.2%	ADD 4%
75	SCHWSCHWAB CHARLES CORP	310,181	$29M	0.2%	HOLD
76	PHPARKER-HANNIFIN CORP	32,475	$29M	0.2%	HOLD
77	EBNDSPDR SERIES TRUST	1,400,000	$29M	0.2%	ADD 100%
78	PFEPFIZER INC	1,022,063	$29M	0.2%	ADD 6%
79	GILDGILEAD SCIENCES INC	205,915	$29M	0.2%	ADD 5%
80	AEMAGNICO EAGLE MINES LTD	141,252	$29M	0.2%	HOLD
81	INDAISHARES TR	607,910	$28M	0.2%	HOLD
82	ETNEATON CORP PLC	79,475	$28M	0.2%	HOLD
83	TDTORONTO DOMINION BK ONT	301,698	$28M	0.2%	HOLD
84	DISDISNEY WALT CO	290,594	$28M	0.2%	HOLD
85	CRMSALESFORCE INC	148,028	$28M	0.2%	TRIM −6%
86	APHAMPHENOL CORP	218,589	$28M	0.2%	HOLD
87	SPGIS&P GLOBAL INC	64,507	$27M	0.2%	HOLD
88	WELLWELLTOWER INC	137,676	$27M	0.2%	HOLD
89	BLKBLACKROCK INC	27,912	$27M	0.2%	HOLD
90	TJXTJX COS INC NEW	166,966	$27M	0.2%	TRIM −10%
91	ISRGINTUITIVE SURGICAL INC	57,253	$26M	0.2%	HOLD
92	DEDEERE & CO	46,567	$26M	0.2%	HOLD
93	KUREKRANESHARES TRUST	1,520,129	$26M	0.2%	HOLD
94	ADIANALOG DEVICES INC	81,159	$26M	0.2%	TRIM −11%
95	UNPUNION PAC CORP	104,849	$25M	0.1%	ADD 46%
96	TXNTEXAS INSTRS INC	128,941	$25M	0.1%	TRIM −10%
97	WPMWHEATON PRECIOUS METALS CORP	191,258	$25M	0.1%	HOLD
98	NEMNEWMONT CORP	230,556	$25M	0.1%	HOLD
99	ANETARISTA NETWORKS INC	198,550	$24M	0.1%	HOLD
100	BMYBRISTOL-MYERS SQUIBB CO	393,026	$24M	0.1%	ADD 11%
101	PLDPROLOGIS INC.	179,946	$24M	0.1%	HOLD
102	UBERUBER TECHNOLOGIES INC	330,317	$24M	0.1%	ADD 5%
103	CMECME GROUP INC	80,296	$24M	0.1%	HOLD
104	ENBENBRIDGE INC	437,561	$24M	0.1%	HOLD
105	COFCAPITAL ONE FINL CORP	129,282	$24M	0.1%	HOLD
106	QCOMQUALCOMM INC	180,771	$23M	0.1%	HOLD
107	BKNGBOOKING HOLDINGS INC	5,524	$23M	0.1%	HOLD
108	CBCHUBB LIMITED	70,821	$23M	0.1%	HOLD
109	SHOPSHOPIFY INC	191,408	$23M	0.1%	HOLD
110	GLWCORNING INC	162,332	$22M	0.1%	TRIM −15%
111	MRSHMARSH & MCLENNAN COS INC	127,104	$22M	0.1%	HOLD
112	EOGEOG RES INC	152,392	$22M	0.1%	HOLD
113	CMCSACOMCAST CORP NEW	766,294	$22M	0.1%	HOLD
114	PGRPROGRESSIVE CORP	110,044	$22M	0.1%	HOLD
115	FCXFREEPORT MCMORAN INC	359,367	$21M	0.1%	HOLD
116	BNYBANK NEW YORK MELLON CORP	177,490	$21M	0.1%	HOLD
117	LOWLOWES COS INC	88,163	$21M	0.1%	HOLD
118	MDTMEDTRONIC PLC	238,151	$21M	0.1%	ADD 9%
119	WDCWESTERN DIGITAL CORP	76,100	$21M	0.1%	HOLD
120	HWMHOWMET AEROSPACE INC	89,054	$21M	0.1%	ADD 3%
121	FANGDIAMONDBACK ENERGY INC	101,899	$20M	0.1%	HOLD
122	SLBSCHLUMBERGER LTD	391,652	$20M	0.1%	HOLD
123	MCKMCKESSON CORP	22,753	$20M	0.1%	ADD 7%
124	VRTXVERTEX PHARMACEUTICALS INC	43,626	$19M	0.1%	ADD 7%
125	TMUST-MOBILE US INC	92,617	$19M	0.1%	HOLD
126	CMICUMMINS INC	36,130	$19M	0.1%	HOLD
127	DHRDANAHER CORP DEL	102,226	$19M	0.1%	HOLD
128	BMOBANK MONTREAL MEDIUM	143,329	$19M	0.1%	HOLD
129	TTTRANE TECHNOLOGIES PLC	46,410	$19M	0.1%	HOLD
130	HLTHILTON WORLDWIDE HLDGS INC	63,370	$19M	0.1%	HOLD
131	MJSCRBB FUND TRUST	355,000	$19M	0.1%	HOLD
132	ICEINTERCONTINENTAL EXCHANGE IN	122,001	$19M	0.1%	HOLD
133	KSTRKRANESHARES TRUST	1,040,631	$19M	0.1%	NEW
134	ACNACCENTURE PLC IRELAND	95,386	$19M	0.1%	TRIM −9%
135	JCIJOHNSON CONTROLS INTERNATION	144,006	$19M	0.1%	TRIM −6%
136	WMWASTE MGMT INC DEL	81,830	$19M	0.1%	TRIM −5%
137	EQIXEQUINIX INC	19,053	$19M	0.1%	HOLD
138	BNSBANK NOVA SCOTIA B C	269,856	$19M	0.1%	HOLD
139	OXYOCCIDENTAL PETE CORP	284,800	$19M	0.1%	HOLD
140	PANWPALO ALTO NETWORKS INC	115,176	$18M	0.1%	HOLD
141	ECLECOLAB INC	68,940	$18M	0.1%	HOLD
142	CMCANADIAN IMPERIAL BANK OF CO	193,811	$18M	0.1%	HOLD
143	VRTVERTIV HOLDINGS CO	72,900	$18M	0.1%	HOLD
144	MCOMOODYS CORP	41,866	$18M	0.1%	HOLD
145	BNBROOKFIELD CORP	451,819	$18M	0.1%	HOLD
146	CLCOLGATE PALMOLIVE CO	211,917	$18M	0.1%	HOLD
147	WMBWILLIAMS COS INC	244,200	$18M	0.1%	HOLD
148	NOWSERVICENOW INC	169,415	$18M	0.1%	TRIM −3%
149	MDLZMONDELEZ INTL INC	307,165	$18M	0.1%	HOLD
150	INTUINTUIT	40,858	$18M	0.1%	TRIM −7%
151	SYKSTRYKER CORPORATION	53,610	$18M	0.1%	HOLD
152	AMTAMERICAN TOWER CORP	101,906	$18M	0.1%	HOLD
153	BSXBOSTON SCIENTIFIC CORP	280,181	$18M	0.1%	HOLD
154	EDCONSOLIDATED EDISON INC	154,915	$18M	0.1%	ADD 11%
155	PWRQUANTA SVCS INC	31,920	$18M	0.1%	ADD 3%
156	MARMARRIOTT INTL INC NEW	53,336	$17M	0.1%	HOLD
157	PNCPNC FINL SVCS GROUP INC	83,634	$17M	0.1%	HOLD
158	TELTE CONNECTIVITY PLC	83,135	$17M	0.1%	HOLD
159	DVNDEVON ENERGY CORP NEW	345,070	$17M	0.1%	HOLD
160	STXSEAGATE TECHNOLOGY HLDNGS PL	44,100	$17M	0.1%	TRIM −6%
161	SBUXSTARBUCKS CORP	190,842	$17M	0.1%	HOLD
162	PCARPACCAR INC	146,843	$17M	0.1%	ADD 7%
163	FNVFRANCO NEV CORP	68,600	$17M	0.1%	HOLD
164	BXBLACKSTONE INC	146,100	$17M	0.1%	HOLD
165	EMREMERSON ELEC CO	127,095	$17M	0.1%	HOLD
166	USBUS BANCORP	318,020	$17M	0.1%	HOLD
167	TDGTRANSDIGM GROUP INC	14,260	$17M	0.1%	HOLD
168	OKEONEOK INC NEW	181,662	$16M	0.1%	HOLD
169	DOVDOVER CORP	78,688	$16M	0.1%	ADD 48%
170	CPCANADIAN PACIFIC KANSAS CITY	208,909	$16M	0.1%	ADD 45%
171	KEYSKEYSIGHT TECHNOLOGIES INC	57,900	$16M	0.1%	HOLD
172	ADPAUTOMATIC DATA PROCESSING IN	80,423	$16M	0.1%	HOLD
173	CTVACORTEVA INC	192,276	$16M	0.1%	HOLD
174	CSXCSX CORP	388,464	$16M	0.1%	HOLD
175	NDAQNASDAQ INC	187,376	$16M	0.1%	HOLD
176	TRVTRAVELERS COMPANIES INC	53,447	$16M	0.1%	HOLD
177	CRWDCROWDSTRIKE HLDGS INC	39,635	$15M	0.1%	HOLD
178	SPGSIMON PPTY GROUP INC NEW	82,849	$15M	0.1%	HOLD
179	AMEAMETEK INC	70,875	$15M	0.1%	HOLD
180	BKRBAKER HUGHES COMPANY	248,729	$15M	0.1%	HOLD
181	EXCEXELON CORP	307,315	$15M	0.1%	ADD 3%
182	MMM3M CO	103,015	$15M	0.1%	HOLD
183	REGREGENCY CTRS CORP	197,737	$15M	0.1%	HOLD
184	GMGENERAL MTRS CO	200,403	$15M	0.1%	HOLD
185	TFCTRUIST FINL CORP	324,580	$15M	0.1%	HOLD
186	AONAON PLC	46,100	$15M	0.1%	HOLD
187	SRESEMPRA	150,500	$15M	0.1%	TRIM −3%
188	SNPSSYNOPSYS INC	36,815	$15M	0.1%	HOLD
189	CEGCONSTELLATION ENERGY CORP	51,797	$14M	0.1%	HOLD
190	CTRACOTERRA ENERGY INC	410,191	$14M	0.1%	HOLD
191	CNICANADIAN NATL RY CO	140,446	$14M	0.1%	ADD 47%
192	PPGPPG INDS INC	134,286	$14M	0.1%	HOLD
193	KIMKIMCO RLTY CORP	637,793	$14M	0.1%	HOLD
194	KMIKINDER MORGAN INC DEL	427,103	$14M	0.1%	HOLD
195	APPAPPLOVIN CORP	35,600	$14M	0.1%	HOLD
196	LNGCheniere Energy, Inc	49,800	$14M	0.1%	HOLD
197	ORLYOREILLY AUTOMOTIVE INC	152,720	$14M	0.1%	HOLD
198	RCLROYAL CARIBBEAN GROUP	50,954	$14M	0.1%	ADD 13%
199	SHWSHERWIN WILLIAMS CO	43,693	$14M	0.1%	HOLD
200	REGNREGENERON PHARMACEUTICALS	18,088	$14M	0.1%	ADD 6%

showing the top 200 by weight

Position trends· top 15 holdings · shares held over 6 quarters

green added · red trimmed

Security

2024-Q4

2025-Q1

2025-Q2

2025-Q3

2025-Q4

2026-Q1

Latest value

IGVISHARES TR

1.0M

2.5M

—

20.4M

$1.6B

KLMNInvesco MSCI North America Climate ETF

96.7M

85.4M

101.4M

87.3M

95.3M

56.0M

$1.5B

KLMTINVESCO EXCH TRADED FD TR II

64.3M

44.9M

$1.4B

XLESELECT SECTOR SPDR TR

—

14.1M

$862M

EMCSDBX ETF TR

16.0M

6.0M

24.1M

27.9M

17.7M

20.6M

$766M

NVDANVIDIA CORPORATION

3.4M

3.5M

3.7M

4.0M

3.9M

$682M

AAPLAPPLE INC

2.1M

2.2M

2.3M

2.4M

2.5M

2.4M

$618M

GOOGLALPHABET INC

1.3M

1.5M

1.6M

1.5M

$443M

MSFTMICROSOFT CORP

984K

1.0M

1.2M

1.1M

$414M

LCTUBLACKROCK ETF TRUST

4.8M

$338M

AMZNAMAZON COM INC

1.3M

1.2M

1.5M

1.6M

$324M

KWEBKRANESHARES TRUST CSI CHI INTERNET

—

8.9M

$253M

QQQINVESCO QQQ TR

—

400K

$231M

VCITVANGUARD SCOTTSDALE FDS

2.7M

$223M

METAMETA PLATFORMS INC

301K

292K

346K

374K

375K

381K

$218M

Shares reported each quarter by the largest current holdings. Green = added vs the prior filing of that name, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.

☆Varma Mutual Pension Insurance Co

Implied return what this book implies · modeled, not advice methodology →

Exposures · what this manager owns, by sector & size (2026-Q1)

By sector

By market cap

By region

By industry group GICS — finer than sector

Top holdings

Sector allocation over time · how the GICS mix & top names shifted quarter by quarter

Style box · size × value-growth placement of the reported book (2026-Q1), classified on current fundamentals (not point-in-time) — load it into PORT to overlay your own portfolio

Contribution holdings-based, any period

Holdings· 319 positions (2026-Q1) · largest first · Δ vs 2025-Q4

Position trends· top 15 holdings · shares held over 6 quarters

Varma Mutual Pension Insurance Co