Varma Mutual Pension Insurance Co

Varma, H9 · CIK 1698484 · 13F filing filed 2026-08-12

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.

$18.9bn reported value +10.6% vs Q1 2026

313positions

52.4%in top 10

40 new 122 added 128 reduced 46 sold out vs Q1 2026

Holdings, Q2 2026

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	INVESCO EXCH TRADED FD TR II MSCI NORTH AMER KLMN	KLMN	82,227,516	$2.5bn13.38%	13.38%	Added +26.2m	+26,191,565 46.7%
2	INVESCO EXCH TRADED FD TR II MSCI CLIMATE 500 KLMT	KLMT	44,931,497	$1.6bn8.22%	8.22%	Unchanged
3	ISHARES TR EXPANDED TECH IGV	IGV	15,248,262	$1.4bn7.32%	7.32%	Reduced -5.1m	-5,110,639 -25.1%
4	DBX ETF TR XTKR MSCI EMRG EMCS	EMCS	20,621,177	$967.3m5.13%	5.13%	Unchanged
5	NVIDIA CORPORATION COM NVDA	NVDA	3,920,566	$784.5m4.16%	4.16%	Added +12.3k	+12,300 0.3%
6	APPLE INC COM AAPL	AAPL	2,484,883	$719.0m3.81%	3.81%	Reduced -32.0k	-32,000 -1.3%
7	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	2,673,800	$568.9m3.01%	3.01%	New
8	ALPHABET INC CAP STK CL A GOOGL	GOOGL	1,570,599	$561.3m2.97%	2.97%	Reduced -31.6k	-31,600 -2.0%
9	MICROSOFT CORP COM MSFT	MSFT	1,141,076	$425.6m2.26%	2.26%	Reduced -27.0k	-27,000 -2.3%
10	AMAZON COM INC COM AMZN	AMZN	1,721,811	$410.4m2.17%	2.17%	Added +64.7k	+64,700 3.9%
11	BLACKROCK ETF TRUST US CARBON TRANS LCTU	LCTU	4,814,000	$385.9m2.05%	2.05%	Unchanged
12	INVESCO QQQ TR UNIT SER 1 UNIT SER 1		380,000	$279.8m1.48%	1.48%	New
13	BROADCOM INC COM AVGO	AVGO	641,830	$242.5m1.28%	1.28%	Added +19.9k	+19,900 3.2%
14	META PLATFORMS INC CL A META	META	374,094	$210.7m1.12%	1.12%	Reduced -6.8k	-6,800 -1.8%
15	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	372,800	$178.0m0.94%	0.94%	Added +8.2k	+8,200 2.2%
16	TESLA INC COM TSLA	TSLA	413,723	$174.0m0.92%	0.92%	Reduced -300	-300 -0.1%
17	MICRON TECHNOLOGY INC COM MU	MU	138,071	$159.4m0.84%	0.84%	Reduced -32.0k	-32,000 -18.8%
18	JPMORGAN CHASE & CO COM JPM	JPM	461,411	$151.0m0.80%	0.80%	Added +10.9k	+10,900 2.4%
19	ELI LILLY & CO COM LLY	LLY	115,868	$139.0m0.74%	0.74%	Reduced -2.0k	-2,000 -1.7%
20	ADVANCED MICRO DEVICES INC COM AMD	AMD	230,717	$134.0m0.71%	0.71%	Reduced -12.2k	-12,200 -5.0%
21	VISA INC COM CL A V	V	300,341	$103.0m0.55%	0.55%	Added +9.0k	+9,000 3.1%
22	JOHNSON & JOHNSON COM JNJ	JNJ	386,656	$98.2m0.52%	0.52%	Added +5.3k	+5,300 1.4%
23	APPLIED MATLS INC COM AMAT	AMAT	134,482	$97.2m0.52%	0.52%	Reduced -22.1k	-22,100 -14.1%
24	EXXON MOBIL CORP COM XOM	XOM	667,203	$91.2m0.48%	0.48%	Added +4.4k	+4,400 0.7%
25	INTEL CORP COM INTC	INTC	652,423	$91.1m0.48%	0.48%	Reduced -41.2k	-41,200 -5.9%
26	ISHARES TR MSCI INDIA ETF INDA	INDA	1,804,110	$89.1m0.47%	0.47%	Added +1.2m	+1,196,200 196.8%
27	LAM RESEARCH CORP COM NEW LRCX	LRCX	201,030	$87.1m0.46%	0.46%	Reduced -40.7k	-40,700 -16.8%
28	VANGUARD WHITEHALL FDS EM MK GOV BD ETF VWOB	VWOB	1,250,000	$84.0m0.45%	0.45%	Unchanged
29	VANECK ETF TRUST JP MRGAN EM LOC EMLC	EMLC	3,100,000	$79.2m0.42%	0.42%	Unchanged
30	CATERPILLAR INC COM CAT	CAT	74,116	$78.9m0.42%	0.42%	Reduced -2.3k	-2,300 -3.0%
31	WALMART INC COM WMT	WMT	680,366	$77.1m0.41%	0.41%	Added +15.0k	+15,000 2.2%
32	MASTERCARD INCORPORATED CL A MA	MA	150,008	$77.0m0.41%	0.41%	Added +1.8k	+1,800 1.2%
33	CISCO SYS INC COM CSCO	CSCO	626,147	$73.5m0.39%	0.39%	Added +14.3k	+14,300 2.3%
34	VANGUARD WORLD FD ESG US CORP BD VCEB	VCEB	1,100,000	$69.0m0.37%	0.37%	Unchanged
35	BANK AMERICA CORP COM BAC	BAC	1,209,724	$68.9m0.37%	0.37%	Added +13.3k	+13,300 1.1%
36	ABBVIE INC COM ABBV	ABBV	270,367	$68.0m0.36%	0.36%	Added +3.7k	+3,700 1.4%
37	ALPHABET INC CAP STK CL C GOOG	GOOG	190,914	$67.5m0.36%	0.36%	Unchanged
38	KLA CORP COM NEW KLAC	KLAC	222,640	$67.2m0.36%	0.36%	Reduced -87.0k	-87,000 -28.1%
39	SELECT SECTOR SPDR TR ENERGY XLE	XLE	1,196,643	$63.6m0.34%	0.34%	Reduced -12.9m	-12,870,542 -91.5%
40	HOME DEPOT INC COM HD	HD	173,295	$61.1m0.32%	0.32%	Added +23.2k	+23,200 15.5%
41	UNITEDHEALTH GROUP INC COM UNH	UNH	146,662	$61.0m0.32%	0.32%	Added +6.6k	+6,600 4.7%
42	COSTCO WHSL CORP NEW COM COST	COST	63,957	$59.8m0.32%	0.32%	Unchanged
43	GE AEROSPACE COM NEW GE	GE	153,445	$57.3m0.30%	0.30%	Reduced -20.3k	-20,300 -11.7%
44	KRANESHARES TRUST SSE STAR MRKT 50 KSTR	KSTR	1,740,631	$56.3m0.30%	0.30%	Added +700.0k	+700,000 67.3%
45	GOLDMAN SACHS GROUP INC COM GS	GS	55,400	$56.0m0.30%	0.30%	Added +200	+200 0.4%
46	PROCTER AND GAMBLE CO COM PG	PG	368,855	$54.1m0.29%	0.29%	Reduced -10.0k	-10,000 -2.6%
47	COCA COLA CO COM KO	KO	662,576	$53.8m0.29%	0.29%	Reduced -44.7k	-44,700 -6.3%
48	ISHARES INC MSCI CHILE ETF ECH	ECH	1,294,477	$51.4m0.27%	0.27%	Unchanged
49	MERCK & CO INC COM MRK	MRK	399,574	$51.3m0.27%	0.27%	Reduced -7.3k	-7,300 -1.8%
50	CHEVRON CORP NEW COM CVX	CVX	309,236	$51.3m0.27%	0.27%	Added +800	+800 0.3%
51	ROYAL BK CDA COM RY	RY	245,329	$50.8m0.27%	0.27%	Added +4.8k	+4,800 2.0%
52	GE VERNOVA INC COM GEV	GEV	43,043	$50.6m0.27%	0.27%	Reduced -2.4k	-2,400 -5.3%
53	MORGAN STANLEY COM NEW MS	MS	223,312	$46.7m0.25%	0.25%	Added +1.9k	+1,900 0.9%
54	NETFLIX INC COM NFLX	NFLX	641,950	$45.8m0.24%	0.24%	Added +21.7k	+21,700 3.5%
55	CITIGROUP INC COM NEW C	C	325,576	$45.6m0.24%	0.24%	Reduced -16.3k	-16,300 -4.8%
56	TEXAS INSTRS INC COM TXN	TXN	150,741	$44.9m0.24%	0.24%	Added +21.8k	+21,800 16.9%
57	WELLS FARGO CO NEW COM WFC	WFC	541,059	$44.7m0.24%	0.24%	Added +2.3k	+2,300 0.4%
58	PHILIP MORRIS INTL INC COM PM	PM	242,800	$43.9m0.23%	0.23%	New
59	RTX CORPORATION COM COM		214,800	$40.8m0.22%	0.22%	New
60	PALO ALTO NETWORKS INC COM PANW	PANW	118,624	$40.5m0.21%	0.21%	Added +3.4k	+3,448 3.0%
61	MARVELL TECHNOLOGY INC COM MRVL	MRVL	133,058	$39.6m0.21%	0.21%	Reduced -530	-530 -0.4%
62	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	137,458	$38.7m0.20%	0.20%	Added +5.0k	+5,050 3.8%
63	AMERICAN EXPRESS CO COM AXP	AXP	112,035	$37.9m0.20%	0.20%	Added +1.1k	+1,100 1.0%
64	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	322,300	$37.6m0.20%	0.20%	Reduced -43.6k	-43,600 -11.9%
65	LINDE PLC SHS LIN	LIN	72,285	$37.5m0.20%	0.20%	Reduced -7.3k	-7,300 -9.2%
66	TORONTO DOMINION BK ONT COM NEW TD	TD	299,998	$36.5m0.19%	0.19%	Reduced -1.7k	-1,700 -0.6%
67	CORNING INC COM GLW	GLW	141,132	$36.0m0.19%	0.19%	Reduced -21.2k	-21,200 -13.1%
68	WESTERN DIGITAL CORP COM WDC	WDC	55,300	$35.3m0.19%	0.19%	Reduced -20.8k	-20,800 -27.3%
69	ORACLE CORP COM ORCL	ORCL	239,618	$35.1m0.19%	0.19%	Added +15.1k	+15,100 6.7%
70	AMPHENOL CORP CL A APH	APH	198,389	$35.0m0.19%	0.19%	Reduced -20.2k	-20,200 -9.2%
71	ISHARES INC MSCI STH KOR ETF EWY	EWY	169,474	$34.2m0.18%	0.18%	Reduced -78.6k	-78,597 -31.7%
72	AMGEN INC COM AMGN	AMGN	93,659	$33.9m0.18%	0.18%	Reduced -1.5k	-1,500 -1.6%
73	ISHARES TR JPMORGAN USD EMG EMB	EMB	350,000	$33.8m0.18%	0.18%	Unchanged
74	ANALOG DEVICES INC COM ADI	ADI	81,359	$32.3m0.17%	0.17%	Added +200	+200 0.2%
75	SEAGATE TECHNOLOGY HLDNGS PL ORD SHS STX	STX	33,300	$32.1m0.17%	0.17%	Reduced -10.8k	-10,800 -24.5%
76	EATON CORP PLC SHS ETN	ETN	75,075	$32.0m0.17%	0.17%	Reduced -4.4k	-4,400 -5.5%
77	QUALCOMM INC COM QCOM	QCOM	171,971	$31.8m0.17%	0.17%	Reduced -8.8k	-8,800 -4.9%
78	ARISTA NETWORKS INC COM SHS ANET	ANET	187,050	$31.8m0.17%	0.17%	Reduced -11.5k	-11,500 -5.8%
79	PEPSICO INC COM PEP	PEP	232,457	$31.5m0.17%	0.17%	Reduced -14.1k	-14,100 -5.7%
80	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	62,217	$31.2m0.17%	0.17%	Reduced -1.0k	-1,000 -1.6%
81	VERIZON COMMUNICATIONS INC COM VZ	VZ	732,023	$31.0m0.16%	0.16%	Reduced -10.1k	-10,086 -1.4%
82	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	40,215	$30.7m0.16%	0.16%	Added +580	+580 1.5%
83	WELLTOWER INC COM WELL	WELL	134,476	$30.5m0.16%	0.16%	Reduced -3.2k	-3,200 -2.3%
84	SCHWAB CHARLES CORP COM SCHW	SCHW	327,481	$30.2m0.16%	0.16%	Added +17.3k	+17,300 5.6%
85	DISNEY WALT CO COM DIS	DIS	308,894	$29.7m0.16%	0.16%	Added +18.3k	+18,300 6.3%
86	SPDR SER TR BLOOMBERG EMERGI EBND	EBND	1,400,000	$29.3m0.16%	0.16%	Unchanged
87	DELL TECHNOLOGIES INC CL C DELL	DELL	67,500	$29.1m0.15%	0.15%	Added +20.0k	+20,000 42.1%
88	DEERE & CO COM DE	DE	45,367	$28.8m0.15%	0.15%	Reduced -1.2k	-1,200 -2.6%
89	ABBOTT LABS COM ABT	ABT	315,052	$28.6m0.15%	0.15%	Added +23.4k	+23,400 8.0%
90	BLACKROCK INC COM BLK	BLK	29,312	$28.2m0.15%	0.15%	Added +1.4k	+1,400 5.0%
91	UNION PAC CORP COM UNP	UNP	102,049	$27.8m0.15%	0.15%	Reduced -2.8k	-2,800 -2.7%
92	S&P GLOBAL INC COM SPGI	SPGI	67,007	$27.3m0.14%	0.14%	Added +2.5k	+2,500 3.9%
93	MCDONALDS CORP COM MCD	MCD	100,566	$27.2m0.14%	0.14%	Reduced -6.8k	-6,800 -6.3%
94	NEXTERA ENERGY INC COM NEE	NEE	307,793	$27.0m0.14%	0.14%	Reduced -18.1k	-18,100 -5.5%
95	GILEAD SCIENCES INC COM GILD	GILD	208,515	$26.3m0.14%	0.14%	Added +2.6k	+2,600 1.3%
96	CONOCOPHILLIPS COM COP	COP	250,052	$26.0m0.14%	0.14%	Reduced -25.8k	-25,800 -9.3%
97	PARKER-HANNIFIN CORP COM PH	PH	26,575	$26.0m0.14%	0.14%	Reduced -5.9k	-5,900 -18.2%
98	AT&T INC COM T	T	1,230,860	$25.5m0.14%	0.14%	Reduced -17.6k	-17,600 -1.4%
99	PFIZER INC COM PFE	PFE	1,055,663	$25.4m0.13%	0.13%	Added +33.6k	+33,600 3.3%
100	FREEPORT-MCMORAN INC CL B FCX	FCX	404,167	$25.4m0.13%	0.13%	Added +44.8k	+44,800 12.5%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
KRANESHARES TRUST KWEB	KWEB	8,885,966	$252.6m8.9m shares
INVESCO QQQ TR QQQ	QQQ	400,000	$230.9m400.0k shares
VANGUARD SCOTTSDALE FDS VCIT	VCIT	2,700,000	$223.4m2.7m shares
VANGUARD SCOTTSDALE FDS VCLT	VCLT	1,600,000	$119.6m1.6m shares
ISHARES INC EWZ	EWZ	1,800,550	$69.1m1.8m shares
DBX ETF TR ASHR	ASHR	1,700,000	$55.5m1.7m shares
OCCIDENTAL PETE CORP OXY	OXY	284,800	$18.5m284.8k shares
QUANTA SVCS INC PWR	PWR	31,920	$17.5m31.9k shares
TRAVELERS COMPANIES INC TRV	TRV	53,447	$15.6m53.4k shares
COTERRA ENERGY INC CTRA	CTRA	410,191	$14.4m410.2k shares
KINDER MORGAN INC DEL KMI	KMI	427,103	$14.3m427.1k shares
CENCORA INC COR	COR	44,425	$14.0m44.4k shares
REPUBLIC SVCS INC RSG	RSG	63,178	$13.8m63.2k shares
TC ENERGY CORP TRP	TRP	215,100	$13.4m215.1k shares
TARGET CORP TGT	TGT	100,480	$12.2m100.5k shares
DUPONT DE NEMOURS INC DWDP	DWDP	86,880	$11.9m86.9k shares
UNITED PARCEL SERVICE INC UPS	UPS	119,970	$11.8m120.0k shares
CRH PLC CRH	CRH	110,900	$11.7m110.9k shares
FORTINET INC FTNT	FTNT	140,650	$11.5m140.7k shares
HEALTHPEAK PROPERTIES INC DOC	DOC	585,700	$9.6m585.7k shares
KIMBERLY-CLARK CORP KMB	KMB	99,516	$9.6m99.5k shares
OMNICOM GROUP INC OMC	OMC	125,300	$9.4m125.3k shares
EDWARDS LIFESCIENCES CORP EW	EW	115,858	$9.3m115.9k shares
COGNIZANT TECHNOLOGY SOLUTIO CTSH	CTSH	151,011	$9.3m151.0k shares
ROGERS COMMUNICATIONS INC RCI	RCI	234,900	$9.0m234.9k shares