Varma Mutual Pension Insurance Co Q4 2025 Filing

Filed February 2, 2026

Portfolio Value

$16.5B

Holdings

308

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (308 positions)

#StockSharesValue% PortfolioType
1
KLMNINVESCO EXCH TRADED FD TR II
95,333,362$2.7T16178.83%
2
KLMTINVESCO EXCH TRADED FD TR II
44,931,497$1.4T8414.30%
3
VOOVANGUARD INDEX FDS
1,207,700$757.4B4579.38%
4
NVDANVIDIA CORPORATION
4,015,866$749.0B4528.44%
5
AAPLAPPLE INC
2,495,883$678.5B4102.61%
6
EMCSDBX ETF TR
17,660,261$629.3B3805.14%
7
MSFTMICROSOFT CORP
1,139,676$551.2B3332.55%
8
GOOGLALPHABET INC
1,602,199$501.5B3032.16%
9
AMZNAMAZON COM INC
1,632,111$376.7B2277.79%
10
LCTUBLACKROCK ETF TRUST
4,814,000$356.7B2156.56%
11
RSPINVESCO EXCHANGE TRADED FD T
1,708,000$327.2B1978.26%
12
METAMETA PLATFORMS INC
375,244$247.7B1497.64%
13
VCITVANGUARD SCOTTSDALE FDS
2,700,000$226.1B1367.22%
14
AVGOBROADCOM INC
643,130$222.6B1345.83%
15
TSLATESLA INC
404,023$181.7B1098.60%
16
JPMJPMORGAN CHASE & CO.
450,511$145.2B877.70%
17
LLYELI LILLY & CO
122,868$132.0B798.37%
18
VCLTVANGUARD SCOTTSDALE FDS
1,600,000$121.4B733.78%
19
TSMTAIWAN SEMICONDUCTOR MFG LTD
364,600$110.8B669.92%
20
VVISA INC
291,341$102.2B617.79%
21
MAMASTERCARD INCORPORATED
148,208$84.6B511.57%
22
VWOBVANGUARD WHITEHALL FDS
1,250,000$84.3B509.63%
23
EMLCVANECK ETF TRUST
3,100,000$80.0B483.96%
24
XOMEXXON MOBIL CORP
662,803$79.8B482.26%
25
JNJJOHNSON & JOHNSON
376,356$77.9B470.92%
26
WMTWALMART INC
667,866$74.4B449.88%
27
VCEBVANGUARD WORLD FD
1,100,000$70.0B423.20%
28
BACBANK AMERICA CORP
1,196,424$65.8B397.87%
29
GOOGALPHABET INC
190,914$59.9B362.22%
30
ABBVABBVIE INC
261,667$59.8B361.50%
31
NFLXNETFLIX INC
632,250$59.3B358.42%
32
PLTRPALANTIR TECHNOLOGIES INC
333,170$59.2B358.06%
33
COSTCOSTCO WHSL CORP NEW
65,457$56.4B341.29%
34
FALNISHARES TR
2,000,000$54.6B330.13%
35
PGPROCTER AND GAMBLE CO
378,855$54.3B328.27%
36
GEGE AEROSPACE
173,745$53.5B323.59%
37
HDHOME DEPOT INC
155,095$53.4B322.68%
38
GSGOLDMAN SACHS GROUP INC
60,200$52.9B319.94%
39
AMDADVANCED MICRO DEVICES INC
242,917$52.0B314.55%
40
CSCOCISCO SYS INC
656,847$50.6B305.92%
41
WFCWELLS FARGO CO NEW
538,759$50.2B303.60%
42
ORCLORACLE CORP
254,518$49.6B299.95%
43
KOCOCA COLA CO
707,276$49.4B298.96%
44
MUMICRON TECHNOLOGY INC
170,071$48.5B293.48%
45
CVXCHEVRON CORP NEW
308,436$47.0B284.23%
46
UNHUNITEDHEALTH GROUP INC
133,062$43.9B265.58%
47
CATCATERPILLAR INC
76,416$43.8B264.68%
48
MRKMERCK & CO INC
396,874$41.8B252.58%
49
CRMSALESFORCE INC
157,228$41.7B251.84%
50
IBMINTERNATIONAL BUSINESS MACHS
139,408$41.3B249.68%
51
RYROYAL BK CDA
240,529$41.1B248.25%
52
AXPAMERICAN EXPRESS CO
110,935$41.0B248.14%
53
TRVCCITIGROUP INC
341,876$39.9B241.21%
54
LRCXLAM RESEARCH CORP
231,730$39.7B239.84%
55
DWDMORGAN STANLEY
221,412$39.3B237.66%
56
AMATAPPLIED MATLS INC
147,582$37.9B229.32%
57
TMOTHERMO FISHER SCIENTIFIC INC
63,217$36.6B221.48%
58
MCDMCDONALDS CORP
118,366$36.2B218.73%
59
PEPPEPSICO INC
246,557$35.4B213.95%
60
ABTABBOTT LABS
281,652$35.3B213.36%
61
LINLINDE PLC
79,585$33.9B205.18%
62
SPGIS&P GLOBAL INC
64,507$33.7B203.82%
63
EMBISHARES TR
350,000$33.7B203.75%
64
DISDISNEY WALT CO
290,594$33.1B199.89%
65
INDAISHARES TR
607,910$32.9B198.66%
66
ISRGINTUITIVE SURGICAL INC
57,253$32.4B196.05%
67
COFCAPITAL ONE FINL CORP
129,282$31.3B189.44%
68
TAT&T INC
1,248,460$31.0B187.50%
69
SCHWSCHWAB CHARLES CORP
310,181$31.0B187.38%
70
QCOMQUALCOMM INC
180,771$30.9B186.95%
71
SHOPSHOPIFY INC
191,408$30.9B186.58%
72
BACVERIZON COMMUNICATIONS INC
742,109$30.2B182.76%
73
BLKBLACKROCK INC
27,912$29.9B180.63%
74
KLACKLA CORP
24,564$29.8B180.46%
75
BKNGBOOKING HOLDINGS INC
5,524$29.6B178.86%
76
APHAMPHENOL CORP NEW
218,589$29.5B178.61%
77
INTUINTUIT
44,158$29.3B176.86%
78
AMGNAMGEN INC
88,159$28.9B174.47%
79
GEVGE VERNOVA INC
43,943$28.7B173.64%
80
PHPARKER-HANNIFIN CORP
32,475$28.5B172.59%
81
TDTORONTO DOMINION BK ONT
301,698$28.5B172.14%
82
TJXTJX COS INC NEW
184,966$28.4B171.79%
83
ACNACCENTURE PLC IRELAND
105,386$28.3B170.96%
84
NOWSERVICENOW INC
175,415$26.9B162.47%
85
BSXBOSTON SCIENTIFIC CORP
280,181$26.7B161.53%
86
NEENEXTERA ENERGY INC
330,893$26.6B160.61%
87
ANETARISTA NETWORKS INC
198,550$26.0B157.30%
88
KUREKRANESHARES TRUST
1,520,129$25.9B156.61%
89
COPCONOCOPHILLIPS
275,852$25.8B156.13%
90
UBERUBER TECHNOLOGIES INC
315,317$25.8B155.78%
91
WELLWELLTOWER INC
137,676$25.6B154.51%
92
INTCINTEL CORP
688,623$25.4B153.64%
93
ETNEATON CORP PLC
79,475$25.3B153.05%
94
PGRPROGRESSIVE CORP
110,044$25.1B151.51%
95
TXNTEXAS INSTRS INC
143,941$25.0B150.99%
96
ADIANALOG DEVICES INC
91,159$24.7B149.48%
97
ADBEADOBE INC
69,326$24.3B146.70%
98
GILDGILEAD SCIENCES INC
195,915$24.0B145.39%
99
APPAPPLOVIN CORP
35,600$24.0B145.03%
100
AEMAGNICO EAGLE MINES LTD
141,252$24.0B145.02%
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