Varma Mutual Pension Insurance Co — 13F Holdings & Portfolio
CIK 1698484 · latest 13F-HR filed 2026-05-05
Varma Mutual Pension Insurance Co manages $16.98B in 13F-reported U.S. long-equity assets across 319 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are IGV (9.60%), KLMN (8.82%), KLMT (7.97%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 16 new positions, exited 5, added to 94, and trimmed 148.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$16.98B
Long-equity book
319
Distinct positions
2026-03-31
Filed 2026-05-05
+16 / −5 / ↑94 / ↓148
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- DBX ETF TR$136.7M +21.7%
- EXXON MOBIL CORP$32.7M +41.0%
- CHEVRON CORPORATION$16.8M +35.8%
- KLA CORP$15.7M +52.8%
- APPLIED MATLS INC$15.6M +41.1%
Top Trims
- INVESCO EXCH TRADED FD TR II-$1.18B -44.1%
- MICROSOFT CORP-$137.3M -24.9%
- NVIDIA CORPORATION-$67.4M -9.0%
- APPLE INC-$60.1M -8.9%
- ALPHABET INC-$58.0M -11.6%
New Positions
- ISHARES TR$1.63B
- SELECT SECTOR SPDR TR$861.8M
- KRANESHARES TRUST$252.6M
- INVESCO QQQ TR$230.9M
- ISHARES INC$69.1M
Exited Positions
- VANGUARD INDEX FDS$757.4M
- INVESCO EXCHANGE TRADED FD T$327.2M
- ISHARES TR$54.6M
- AMCOR PLC$10.7M
- DEXCOM INC$1.3M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | ISHARES TR | IGV | 464287515 | $1.63B | 9.60% | 20,358,901 | SH |
| 2 | INVESCO EXCH TRADED FD TR II | KLMN | 46138G417 | $1.50B | 8.82% | 56,035,951 | SH |
| 3 | INVESCO EXCH TRADED FD TR II | KLMT | 46138G433 | $1.35B | 7.97% | 44,931,497 | SH |
| 4 | SELECT SECTOR SPDR TR | XLE | 81369Y506 | $861.8M | 5.08% | 14,067,185 | SH |
| 5 | DBX ETF TR | EMCS | 233051226 | $766.1M | 4.51% | 20,621,177 | SH |
| 6 | NVIDIA CORPORATION | NVDA | 67066G104 | $681.6M | 4.01% | 3,908,266 | SH |
| 7 | APPLE INC | AAPL | 037833100 | $618.5M | 3.64% | 2,436,883 | SH |
| 8 | ALPHABET INC | GOOGL | 02079K305 | $443.5M | 2.61% | 1,542,199 | SH |
| 9 | MICROSOFT CORP | MSFT | 594918104 | $413.9M | 2.44% | 1,118,076 | SH |
| 10 | BLACKROCK ETF TRUST | LCTU | 09290C509 | $337.6M | 1.99% | 4,814,000 | SH |
| 11 | AMAZON COM INC | AMZN | 023135106 | $324.3M | 1.91% | 1,557,111 | SH |
| 12 | KRANESHARES TRUST | KWEB | 500767306 | $252.6M | 1.49% | 8,885,966 | SH |
| 13 | INVESCO QQQ TR | QQQ | 46090E103 | $230.9M | 1.36% | 400,000 | SH |
| 14 | VANGUARD SCOTTSDALE FDS | VCIT | 92206C870 | $223.4M | 1.32% | 2,700,000 | SH |
| 15 | META PLATFORMS INC | META | 30303M102 | $217.9M | 1.28% | 380,894 | SH |
| 16 | BROADCOM INC | AVGO | 11135F101 | $192.5M | 1.13% | 621,930 | SH |
| 17 | TESLA INC | TSLA | 88160R101 | $153.9M | 0.91% | 414,023 | SH |
| 18 | JPMORGAN CHASE & CO | JPM | 46625H100 | $132.5M | 0.78% | 450,511 | SH |
| 19 | TAIWAN SEMICONDUCTOR MANUFAC | TSM | 874039100 | $123.2M | 0.73% | 364,600 | SH |
| 20 | VANGUARD SCOTTSDALE FDS | VCLT | 92206C813 | $119.6M | 0.70% | 1,600,000 | SH |
| 21 | EXXON MOBIL CORP | XOM | 30231G102 | $112.5M | 0.66% | 662,803 | SH |
| 22 | ELI LILLY & CO | LLY | 532457108 | $108.4M | 0.64% | 117,868 | SH |
| 23 | JOHNSON & JOHNSON | JNJ | 478160104 | $93.2M | 0.55% | 381,356 | SH |
| 24 | VISA INC | V | 92826C839 | $88.1M | 0.52% | 291,341 | SH |
| 25 | WALMART INC | WMT | 931142103 | $82.7M | 0.49% | 665,366 | SH |
| 26 | VANGUARD WHITEHALL FDS | VWOB | 921946885 | $82.1M | 0.48% | 1,250,000 | SH |
| 27 | VANECK ETF TRUST | EMLC | 92189H300 | $77.8M | 0.46% | 3,100,000 | SH |
| 28 | MASTERCARD INCORPORATED | MA | 57636Q104 | $74.1M | 0.44% | 148,208 | SH |
| 29 | ISHARES INC | EWZ | 464286400 | $69.1M | 0.41% | 1,800,550 | SH |
| 30 | VANGUARD WORLD FD | VCEB | 921910691 | $69.1M | 0.41% | 1,100,000 | SH |
| 31 | CHEVRON CORPORATION | CVX | 166764100 | $63.8M | 0.38% | 308,436 | SH |
| 32 | COSTCO WHOLESALE CORPORATION | COST | 22160K105 | $63.7M | 0.38% | 63,957 | SH |
| 33 | NETFLIX INC. | NFLX | 64110L106 | $59.6M | 0.35% | 620,250 | SH |
| 34 | BANK AMERICA CORP | BAC | 060505104 | $58.3M | 0.34% | 1,196,424 | SH |
| 35 | ABBVIE INC | ABBV | 00287Y109 | $58.0M | 0.34% | 266,667 | SH |
| 36 | MICRON TECHNOLOGY INC | MU | 595112103 | $57.5M | 0.34% | 170,071 | SH |
| 37 | DBX ETF TR | ASHR | 233051879 | $55.5M | 0.33% | 1,700,000 | SH |
| 38 | ALPHABET INC | GOOG | 02079K107 | $54.8M | 0.32% | 190,914 | SH |
| 39 | PROCTER & GAMBLE CO | PG | 742718109 | $54.7M | 0.32% | 378,855 | SH |
| 40 | CATERPILLAR INC | CAT | 149123101 | $54.1M | 0.32% | 76,416 | SH |
| 41 | COCA COLA CO | KO | 191216100 | $53.8M | 0.32% | 707,276 | SH |
| 42 | PALANTIR TECHNOLOGIES INC | PLTR | 69608A108 | $53.5M | 0.32% | 365,900 | SH |
| 43 | APPLIED MATLS INC | AMAT | 038222105 | $53.5M | 0.32% | 156,582 | SH |
| 44 | LAM RESEARCH CORP | LRCX | 512807306 | $51.6M | 0.30% | 241,730 | SH |
| 45 | ISHARES INC | ECH | 464286640 | $51.5M | 0.30% | 1,294,477 | SH |
| 46 | ADVANCED MICRO DEVICES INC | AMD | 007903107 | $49.4M | 0.29% | 242,917 | SH |
| 47 | HOME DEPOT INC | HD | 437076102 | $49.4M | 0.29% | 150,095 | SH |
| 48 | GE AEROSPACE | GE | 369604301 | $49.3M | 0.29% | 173,745 | SH |
| 49 | MERCK & CO INC | MRK | 58933Y105 | $48.9M | 0.29% | 406,874 | SH |
| 50 | CISCO SYS INC | CSCO | 17275R102 | $47.5M | 0.28% | 611,847 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-05 | $16.98B | 319 | 0001140361-26-019052 |
| 2025-12-31 | 2026-02-02 | $16.54B | 308 | 0001140361-26-003200 |