Varma Mutual Pension Insurance Co

Varma, H9 · CIK 1698484 · 13F filing filed 2023-08-11

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

$8.4bn reported value +2.0% vs Q1 2023

214positions

42.5%in top 10

32 new 22 added 113 reduced 33 sold out vs Q1 2023

Holdings, Q2 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ISHARES TR RUSSELL 2000 ETF IWM	IWM	4,037,410	$756.1m9.05%	9.05%	New
2	DBX ETF TR XTKR EMGRIN MKTS EMCR	EMCR	17,824,990	$479.9m5.74%	5.74%	Unchanged
3	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	2,938,800	$439.8m5.26%	5.26%	New
4	VANGUARD WORLD FD INF TECH ETF VGT	VGT	783,283	$346.3m4.14%	4.14%	Reduced -458.8k	-458,776 -36.9%
5	MICROSOFT CORP COM MSFT	MSFT	879,625	$299.5m3.58%	3.58%	Reduced -40.6k	-40,623 -4.4%
6	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	663,170	$270.1m3.23%	3.23%	Unchanged
7	APPLE INC COM AAPL	AAPL	1,343,970	$260.7m3.12%	3.12%	Reduced -145.2k	-145,216 -9.8%
8	VANGUARD SCOTTSDALE FDS INT-TERM CORP VCIT	VCIT	3,000,000	$237.1m2.84%	2.84%	Unchanged
9	BLACKROCK ETF TRUST US CARBON TRANS LCTU	LCTU	4,814,000	$235.1m2.81%	2.81%	Unchanged
10	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	619,883	$229.0m2.74%	2.74%	New
11	SELECT SECTOR SPDR TR FINANCIAL XLF	XLF	6,586,710	$222.0m2.66%	2.66%	Reduced -6.8m	-6,822,078 -50.9%
12	ISHARES TR MSCI USA ESG SLC SUSA	SUSA	2,350,000	$220.1m2.63%	2.63%	New
13	VANGUARD WORLD FD FINANCIALS ETF VFH	VFH	2,671,721	$217.1m2.60%	2.60%	New
14	ISHARES TR IBOXX HI YD ETF HYG	HYG	2,550,000	$191.4m2.29%	2.29%	Unchanged
15	VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD VCSH	VCSH	2,480,000	$187.6m2.24%	2.24%	Unchanged
16	ALPHABET INC CAP STK CL A GOOGL	GOOGL	1,382,608	$165.5m1.98%	1.98%	Reduced -698.5k	-698,490 -33.6%
17	AMAZON COM INC COM AMZN	AMZN	1,228,132	$160.1m1.92%	1.92%	Added +527.5k	+527,543 75.3%
18	ISHARES TR US HOME CONS ETF ITB	ITB	1,629,684	$139.2m1.67%	1.67%	Unchanged
19	VANGUARD WHITEHALL FDS EM MK GOV BD ETF VWOB	VWOB	2,000,000	$124.5m1.49%	1.49%	Added +400.0k	+400,000 25.0%
20	ISHARES TR JPMORGAN USD EMG EMB	EMB	1,256,000	$108.7m1.30%	1.30%	Reduced -700.0k	-700,000 -35.8%
21	NVIDIA CORPORATION COM NVDA	NVDA	256,324	$108.4m1.30%	1.30%	Added +122.8k	+122,778 91.9%
22	TESLA INC COM TSLA	TSLA	412,842	$108.1m1.29%	1.29%	Reduced -83.0k	-82,979 -16.7%
23	NETFLIX INC COM NFLX	NFLX	211,611	$93.2m1.12%	1.12%	Reduced -173.0k	-172,957 -45.0%
24	VANECK ETF TRUST JP MRGAN EM LOC EMLC	EMLC	3,000,000	$76.7m0.92%	0.92%	New
25	SPDR INDEX SHS FDS S&P CHINA ETF GXC	GXC	1,018,358	$75.1m0.90%	0.90%	Added +327.4k	+327,358 47.4%
26	META PLATFORMS INC CL A META	META	228,922	$65.7m0.79%	0.79%	Reduced -231.3k	-231,302 -50.3%
27	SELECT SECTOR SPDR TR SBI CONS DISCR XLY	XLY	363,000	$61.6m0.74%	0.74%	Unchanged
28	AUTODESK INC COM ADSK	ADSK	256,851	$52.6m0.63%	0.63%	Reduced -80.1k	-80,079 -23.8%
29	ADVANCED MICRO DEVICES INC COM AMD	AMD	432,185	$49.2m0.59%	0.59%	Reduced -149.7k	-149,651 -25.7%
30	ELI LILLY & CO COM LLY	LLY	104,073	$48.8m0.58%	0.58%	Reduced -20.0k	-20,000 -16.1%
31	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	479,000	$48.3m0.58%	0.58%	Added +114.0k	+114,000 31.2%
32	PAYPAL HLDGS INC COM PYPL	PYPL	679,357	$45.3m0.54%	0.54%	Unchanged
33	SALESFORCE INC COM CRM	CRM	204,973	$43.3m0.52%	0.52%	Reduced -52.3k	-52,274 -20.3%
34	BROADCOM INC COM AVGO	AVGO	48,603	$42.2m0.50%	0.50%	Unchanged
35	PALO ALTO NETWORKS INC COM PANW	PANW	153,604	$39.2m0.47%	0.47%	Reduced -53.0k	-52,973 -25.6%
36	UNITEDHEALTH GROUP INC COM UNH	UNH	77,776	$37.4m0.45%	0.45%	Reduced -74.2k	-74,246 -48.8%
37	ISHARES TR S&P 500 VAL ETF IVE	IVE	230,850	$37.2m0.45%	0.45%	Reduced -724.6k	-724,609 -75.8%
38	INTEL CORP COM INTC	INTC	1,095,500	$36.6m0.44%	0.44%	New
39	MERCK & CO INC COM MRK	MRK	302,926	$35.0m0.42%	0.42%	Reduced -170.0k	-170,000 -36.0%
40	NETAPP INC COM NTAP	NTAP	456,714	$34.9m0.42%	0.42%	Reduced -129.5k	-129,451 -22.1%
41	BOX INC CL A BOX	BOX	1,176,313	$34.6m0.41%	0.41%	Reduced -84.5k	-84,504 -6.7%
42	INVESCO EXCH TRADED FD TR II KBW BK ETF KBWB	KBWB	829,787	$34.1m0.41%	0.41%	Reduced -1.3m	-1,344,716 -61.8%
43	WORKDAY INC CL A WDAY	WDAY	145,844	$32.9m0.39%	0.39%	Reduced -62.5k	-62,505 -30.0%
44	ISHARES TR MSCI EMG MKT ETF EEM	EEM	831,517	$32.9m0.39%	0.39%	New
45	CATERPILLAR INC COM CAT	CAT	131,792	$32.4m0.39%	0.39%	Added +51.0k	+51,020 63.2%
46	KEYSIGHT TECHNOLOGIES INC COM KEYS	KEYS	192,923	$32.3m0.39%	0.39%	Reduced -82.7k	-82,681 -30.0%
47	COGNEX CORP COM CGNX	CGNX	559,287	$31.3m0.37%	0.37%	Reduced -96.4k	-96,371 -14.7%
48	KLA CORP COM NEW KLAC	KLAC	63,832	$31.0m0.37%	0.37%	Reduced -89.5k	-89,513 -58.4%
49	QUALCOMM INC COM QCOM	QCOM	259,210	$30.9m0.37%	0.37%	Reduced -89.7k	-89,662 -25.7%
50	HOME DEPOT INC COM HD	HD	99,225	$30.8m0.37%	0.37%	Reduced -33.2k	-33,240 -25.1%
51	PINTEREST INC CL A PINS	PINS	1,116,882	$30.5m0.37%	0.37%	Reduced -478.7k	-478,664 -30.0%
52	SPLUNK INC COM SPLK	SPLK	287,288	$30.5m0.36%	0.36%	Reduced -123.1k	-123,124 -30.0%
53	JOHNSON & JOHNSON COM JNJ	JNJ	183,595	$30.4m0.36%	0.36%	Added +50.0k	+50,000 37.4%
54	MARVELL TECHNOLOGY INC COM MRVL	MRVL	495,182	$29.6m0.35%	0.35%	Reduced -190.8k	-190,792 -27.8%
55	JABIL INC COM JBL	JBL	267,435	$28.9m0.35%	0.35%	Reduced -97.3k	-97,332 -26.7%
56	VISA INC COM CL A V	V	119,652	$28.4m0.34%	0.34%	Reduced -50.0k	-50,000 -29.5%
57	TRIMBLE INC COM TRMB	TRMB	523,850	$27.7m0.33%	0.33%	Reduced -132.3k	-132,319 -20.2%
58	TAKE-TWO INTERACTIVE SOFTWAR COM TTWO	TTWO	170,647	$25.1m0.30%	0.30%	Reduced -73.1k	-73,134 -30.0%
59	DROPBOX INC CL A DBX	DBX	932,923	$24.9m0.30%	0.30%	Reduced -312.4k	-312,436 -25.1%
60	SNAP INC CL A SNAP	SNAP	2,003,820	$23.7m0.28%	0.28%	Reduced -858.8k	-858,780 -30.0%
61	MASTERCARD INCORPORATED CL A MA	MA	60,147	$23.7m0.28%	0.28%	Reduced -35.0k	-35,027 -36.8%
62	ISHARES INC MSCI CDA ETF EWC	EWC	646,266	$22.6m0.27%	0.27%	Unchanged
63	PAYCOM SOFTWARE INC COM PAYC	PAYC	68,985	$22.2m0.27%	0.27%	Reduced -29.6k	-29,565 -30.0%
64	DEERE & CO COM DE	DE	54,389	$22.0m0.26%	0.26%	Reduced -47.0k	-47,000 -46.4%
65	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	63,747	$21.8m0.26%	0.26%	Reduced -20.5k	-20,500 -24.3%
66	QUANTA SVCS INC COM PWR	PWR	106,000	$20.8m0.25%	0.25%	New
67	SOLAREDGE TECHNOLOGIES INC COM SEDG	SEDG	75,000	$20.2m0.24%	0.24%	Reduced -15.0k	-15,000 -16.7%
68	GENPACT LIMITED SHS G	G	528,811	$19.9m0.24%	0.24%	Reduced -102.0k	-101,980 -16.2%
69	ZSCALER INC COM ZS	ZS	133,902	$19.6m0.23%	0.23%	Reduced -57.4k	-57,386 -30.0%
70	SYNOPSYS INC COM SNPS	SNPS	44,000	$19.2m0.23%	0.23%	Reduced -15.0k	-15,000 -25.4%
71	DATADOG INC CL A COM DDOG	DDOG	193,550	$19.0m0.23%	0.23%	Reduced -83.0k	-82,950 -30.0%
72	ABBVIE INC COM ABBV	ABBV	136,710	$18.4m0.22%	0.22%	Reduced -132.0k	-132,004 -49.1%
73	UBER TECHNOLOGIES INC COM UBER	UBER	420,000	$18.1m0.22%	0.22%	New
74	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	82,000	$18.0m0.22%	0.22%	Added +72.0k	+72,000 720.0%
75	ZEBRA TECHNOLOGIES CORPORATI CL A ZBRA	ZBRA	60,900	$18.0m0.22%	0.22%	Reduced -26.1k	-26,100 -30.0%
76	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	33,604	$17.5m0.21%	0.21%	Reduced -50.0k	-50,000 -59.8%
77	ISHARES INC MSCI HONG KG ETF EWH	EWH	895,776	$17.3m0.21%	0.21%	Reduced -838.2k	-838,204 -48.3%
78	MOTOROLA SOLUTIONS INC COM NEW MSI	MSI	56,840	$16.7m0.20%	0.20%	Reduced -24.4k	-24,360 -30.0%
79	LOWES COS INC COM LOW	LOW	71,786	$16.2m0.19%	0.19%	Reduced -34.7k	-34,664 -32.6%
80	FORTINET INC COM FTNT	FTNT	209,300	$15.8m0.19%	0.19%	New
81	DANAHER CORPORATION COM DHR	DHR	65,803	$15.8m0.19%	0.19%	Reduced -35.0k	-35,000 -34.7%
82	STRYKER CORPORATION COM SYK	SYK	50,000	$15.3m0.18%	0.18%	Added +10.0k	+10,000 25.0%
83	PFIZER INC COM PFE	PFE	404,490	$14.8m0.18%	0.18%	Added +320.0k	+320,000 378.7%
84	LINDE PLC SHS LIN	LIN	38,661	$14.7m0.18%	0.18%	Added +25.0k	+25,000 183.0%
85	CISCO SYS INC COM CSCO	CSCO	276,485	$14.3m0.17%	0.17%	Reduced -20.0k	-20,026 -6.8%
86	ABBOTT LABS COM ABT	ABT	130,000	$14.2m0.17%	0.17%	Added +30.0k	+30,000 30.0%
87	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	40,000	$14.1m0.17%	0.17%	Reduced -30.0k	-30,000 -42.9%
88	GODADDY INC CL A GDDY	GDDY	182,376	$13.7m0.16%	0.16%	Reduced -78.2k	-78,161 -30.0%
89	OKTA INC CL A OKTA	OKTA	197,085	$13.7m0.16%	0.16%	New
90	TRANSUNION COM TRU	TRU	172,432	$13.5m0.16%	0.16%	Added +72.4k	+72,432 72.4%
91	TEXAS INSTRS INC COM TXN	TXN	72,813	$13.1m0.16%	0.16%	Reduced -5.5k	-5,469 -7.0%
92	BOSTON SCIENTIFIC CORP COM BSX	BSX	240,000	$13.0m0.16%	0.16%	Added +40.0k	+40,000 20.0%
93	UNITED PARCEL SERVICE INC CL B UPS	UPS	72,301	$13.0m0.16%	0.16%	Reduced -144.7k	-144,699 -66.7%
94	EMERSON ELEC CO COM EMR	EMR	143,116	$12.9m0.15%	0.15%	Reduced -37.5k	-37,500 -20.8%
95	BOOZ ALLEN HAMILTON HLDG COR CL A BAH	BAH	115,215	$12.9m0.15%	0.15%	Reduced -46.0k	-46,000 -28.5%
96	ISHARES TR EXPANDED TECH IGV	IGV	37,156	$12.9m0.15%	0.15%	Reduced -152.0k	-152,009 -80.4%
97	MEDTRONIC PLC SHS MDT	MDT	140,000	$12.3m0.15%	0.15%	New
98	SNOWFLAKE INC CL A SNOW	SNOW	70,000	$12.3m0.15%	0.15%	Reduced -30.0k	-30,000 -30.0%
99	CSX CORP COM CSX	CSX	360,000	$12.3m0.15%	0.15%	Reduced -373.6k	-373,568 -50.9%
100	F5 INC COM FFIV	FFIV	83,877	$12.3m0.15%	0.15%	Reduced -35.9k	-35,948 -30.0%

Sold out since Q1 2023

Security	Ticker	Shares held before	Value then
SELECT SECTOR SPDR TR XLE	XLE	3,690,385	$305.7m3.7m shares
INVESCO QQQ TR		444,245	$142.6m444.2k shares
SELECT SECTOR SPDR TR XLP	XLP	1,671,092	$124.8m1.7m shares
ISHARES INC IEMG	IEMG	2,354,942	$114.9m2.4m shares
DBX ETF TR ASHR	ASHR	3,543,629	$104.5m3.5m shares
KRANESHARES TRUST KWEB	KWEB	1,222,688	$38.1m1.2m shares
FORTINET INC		299,000	$19.9m299.0k shares
DOLLAR GEN CORP NEW DG	DG	58,000	$12.2m58.0k shares
MONDELEZ INTL INC MDLZ	MDLZ	130,000	$9.1m130.0k shares
STARBUCKS CORP SBUX	SBUX	80,000	$8.3m80.0k shares
CUMMINS INC CMI	CMI	30,000	$7.2m30.0k shares
WABTEC WAB	WAB	70,340	$7.1m70.3k shares
SNAP ON INC SNA	SNA	28,638	$7.1m28.6k shares
HUBBELL INC HUBB	HUBB	28,882	$7.0m28.9k shares
AGILENT TECHNOLOGIES INC A	A	50,000	$6.9m50.0k shares
QUANTA SVCS INC		40,000	$6.7m40.0k shares
GILEAD SCIENCES INC GILD	GILD	80,000	$6.6m80.0k shares
TARGET CORP		40,000	$6.6m40.0k shares
SMITH A O CORP AOS	AOS	90,000	$6.2m90.0k shares
GENERAC HLDGS INC GNRC	GNRC	55,000	$5.9m55.0k shares
FASTENAL CO FAST	FAST	100,000	$5.4m100.0k shares
COLGATE PALMOLIVE CO CL	CL	70,000	$5.3m70.0k shares
GENERAL MTRS CO GM	GM	125,000	$4.6m125.0k shares
FORD MTR CO F	F	350,000	$4.4m350.0k shares
AUTOZONE INC AZO	AZO	1,750	$4.3m1.8k shares