National Pension Service Q4 2025 Filing

Filed February 10, 2026

Portfolio Value

$135.1B

Holdings

561

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (561 positions)

#StockSharesValue% PortfolioType
1
NVDANVIDIA CORPORATION
50,106,700$9.3B6.92%
2
AAPLAPPLE INC
30,195,243$8.2B6.08%
3
MSFTMICROSOFT CORP
14,508,829$7.0B5.19%
4
AMZNAMAZON COM INC
19,843,319$4.6B3.39%
5
GOOGLALPHABET INC
12,468,650$3.9B2.89%
6
GOOGALPHABET INC
10,392,220$3.3B2.41%
7
PBUSINVESCO EXCH TRADED FD TR II PURBTA MSCI US
47,382,366$3.2B2.40%
8
AVGOBROADCOM INC
9,117,184$3.2B2.34%
9
METAMETA PLATFORMS INC
4,607,770$3.0B2.25%
10
IVVISHARES TR
4,119,355$2.8B2.09%
11
TSLATESLA INC
5,672,777$2.6B1.89%
12
JPMJPMORGAN CHASE & CO.
5,408,990$1.7B1.29%
13
LLYELI LILLY & CO
1,615,647$1.7B1.29%
14
BRK/BBERKSHIRE HATHAWAY INC DEL
2,655,610$1.3B0.99%
15
VVISA INC
3,296,730$1.2B0.86%
16
XOMEXXON MOBIL CORP
9,330,910$1.1B0.83%
17
WMTWALMART INC
9,812,461$1.1B0.81%
18
JNJJOHNSON & JOHNSON
4,990,526$1.0B0.76%
19
MAMASTERCARD INCORPORATED
1,682,172$960.0M0.71%
20
ABBVABBVIE INC
3,856,731$881.0M0.65%
21
NFLXNETFLIX INC
9,372,071$878.0M0.65%
22
MUMICRON TECHNOLOGY INC
3,051,766$871.0M0.64%
23
PLTRPALANTIR TECHNOLOGIES INC
4,783,713$850.0M0.63%
24
BACBANK AMERICA CORP
15,163,763$834.0M0.62%
25
COSTCOSTCO WHSL CORP NEW
919,193$792.0M0.59%
26
PGPROCTER AND GAMBLE CO
5,404,211$774.0M0.57%
27
HDHOME DEPOT INC
2,137,562$735.0M0.54%
28
CSCOCISCO SYS INC
9,531,981$734.0M0.54%
29
AMDADVANCED MICRO DEVICES INC
3,431,359$734.0M0.54%
30
GEGE AEROSPACE
2,374,686$731.0M0.54%
31
TGRWT ROWE PRICE ETF INC
15,814,477$727.0M0.54%
32
ORCLORACLE CORP
3,672,921$715.0M0.53%
33
WFCWELLS FARGO CO NEW
7,283,908$678.0M0.50%
34
IBMINTERNATIONAL BUSINESS MACHS COM
2,267,663$671.0M0.50%
35
CVXCHEVRON CORP NEW
4,360,210$664.0M0.49%
36
KOCOCA COLA CO
9,105,640$636.0M0.47%
37
UNHUNITEDHEALTH GROUP INC
1,920,398$633.0M0.47%
38
MRKMERCK & CO INC
5,789,424$609.0M0.45%
39
INFOHARBOR ETF TRUST
24,565,625$602.0M0.45%
40
GSGOLDMAN SACHS GROUP INC
660,068$580.0M0.43%
41
4I1PHILIP MORRIS INTL INC
3,587,297$575.0M0.43%
42
LRCXLAM RESEARCH CORP
3,312,195$566.0M0.42%
43
CATCATERPILLAR INC
979,008$560.0M0.41%
44
CRMSALESFORCE INC
2,094,148$554.0M0.41%
45
LSVDADVISORS INNER CIRCLE FD
18,162,000$540.0M0.40%
46
LINLINDE PLC
1,198,564$511.0M0.38%
47
RTXRTX CORPORATION
2,761,539$506.0M0.37%
48
ABTABBOTT LABS
4,023,071$504.0M0.37%
49
DWDMORGAN STANLEY
2,829,303$502.0M0.37%
50
AMATAPPLIED MATLS INC
1,935,654$497.0M0.37%
51
MCDMCDONALDS CORP
1,557,348$475.0M0.35%
52
APPAPPLOVIN CORP
703,285$473.0M0.35%
53
DISDISNEY WALT CO
4,146,503$471.0M0.35%
54
TMOTHERMO FISHER SCIENTIFIC INC COM
812,432$470.0M0.35%
55
TRVCCITIGROUP INC
3,975,418$463.0M0.34%
56
PEPPEPSICO INC
3,143,939$451.0M0.33%
57
TAT&T INC
17,890,741$444.0M0.33%
58
KLACKLA CORP
364,098$442.0M0.33%
59
AXPAMERICAN EXPRESS CO
1,184,985$438.0M0.32%
60
APHAMPHENOL CORP NEW
3,240,850$437.0M0.32%
61
QCOMQUALCOMM INC
2,549,023$436.0M0.32%
62
EWPISHARES INC
8,092,278$436.0M0.32%
63
BACVERIZON COMMUNICATIONS INC
10,325,584$420.0M0.31%
64
INTUINTUIT
625,963$414.0M0.31%
65
ISRGINTUITIVE SURGICAL INC
728,944$412.0M0.31%
66
TSPAT ROWE PRICE ETF INC
9,513,375$406.0M0.30%
67
BKNGBOOKING HOLDINGS INC
75,976$406.0M0.30%
68
SCHWSCHWAB CHARLES CORP
4,059,646$405.0M0.30%
69
AMGNAMGEN INC
1,239,549$405.0M0.30%
70
TJXTJX COS INC NEW
2,580,800$396.0M0.29%
71
ANETARISTA NETWORKS INC
3,012,415$394.0M0.29%
72
NEENEXTERA ENERGY INC
4,882,109$391.0M0.29%
73
NOWSERVICENOW INC
2,522,974$386.0M0.29%
74
SPGIS&P GLOBAL INC
730,755$381.0M0.28%
75
ADBEADOBE INC
1,081,384$378.0M0.28%
76
ACNACCENTURE PLC IRELAND
1,410,982$378.0M0.28%
77
GILDGILEAD SCIENCES INC
2,990,660$367.0M0.27%
78
ADIANALOG DEVICES INC
1,354,027$367.0M0.27%
79
UBERUBER TECHNOLOGIES INC
4,471,651$365.0M0.27%
80
COFCAPITAL ONE FINL CORP
1,491,607$361.0M0.27%
81
INTCINTEL CORP
9,713,921$358.0M0.27%
82
BSXBOSTON SCIENTIFIC CORP
3,761,615$358.0M0.27%
83
CBCHUBB LIMITED
1,148,474$358.0M0.27%
84
WELLWELLTOWER INC
1,918,528$356.0M0.26%
85
TXNTEXAS INSTRS INC
2,048,051$355.0M0.26%
86
PLDPROLOGIS INC.
2,737,711$349.0M0.26%
87
BABOEING CO
1,572,206$341.0M0.25%
88
BLKBLACKROCK INC
318,324$340.0M0.25%
89
NEMNEWMONT CORP
3,396,860$339.0M0.25%
90
PFEPFIZER INC
13,439,182$334.0M0.25%
91
DHRDANAHER CORPORATION
1,453,086$332.0M0.25%
92
MCKMCKESSON CORP
397,064$325.0M0.24%
93
PANWPALO ALTO NETWORKS INC
1,754,036$323.0M0.24%
94
GMGENERAL MTRS CO
3,903,579$317.0M0.23%
95
SPOTSPOTIFY TECHNOLOGY S A
544,640$316.0M0.23%
96
LOWLOWES COS INC
1,306,381$315.0M0.23%
97
GEVGE VERNOVA INC
473,270$309.0M0.23%
98
PHPARKER-HANNIFIN CORP
352,582$309.0M0.23%
99
COPCONOCOPHILLIPS
3,265,028$305.0M0.23%
100
UNPUNION PAC CORP
1,316,496$304.0M0.23%
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