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$2.7B16.18%
2
KLMTINVESCO EXCH TRADED FD TR II
44,931,497$1.4B8.41%
3
VOOVANGUARD INDEX FDS
1,207,700$757.4M4.58%
4
NVDANVIDIA CORPORATION
4,015,866$749.0M4.53%
5
AAPLAPPLE INC
2,495,883$678.5M4.10%
6
EMCSDBX ETF TR
17,660,261$629.3M3.81%
7
MSFTMICROSOFT CORP
1,139,676$551.2M3.33%
8
GOOGLALPHABET INC
1,602,199$501.5M3.03%
9
AMZNAMAZON COM INC
1,632,111$376.7M2.28%
10
LCTUBLACKROCK ETF TRUST
4,814,000$356.7M2.16%
11
RSPINVESCO EXCHANGE TRADED FD T
1,708,000$327.2M1.98%
12
METAMETA PLATFORMS INC
375,244$247.7M1.50%
13
VCITVANGUARD SCOTTSDALE FDS
2,700,000$226.1M1.37%
14
AVGOBROADCOM INC
643,130$222.6M1.35%
15
TSLATESLA INC
404,023$181.7M1.10%
16
JPMJPMORGAN CHASE & CO.
450,511$145.2M0.88%
17
LLYELI LILLY & CO
122,868$132.0M0.80%
18
VCLTVANGUARD SCOTTSDALE FDS
1,600,000$121.4M0.73%
19
TSMTAIWAN SEMICONDUCTOR MFG LTD
364,600$110.8M0.67%
20
VVISA INC
291,341$102.2M0.62%
21
MAMASTERCARD INCORPORATED
148,208$84.6M0.51%
22
VWOBVANGUARD WHITEHALL FDS
1,250,000$84.3M0.51%
23
EMLCVANECK ETF TRUST
3,100,000$80.0M0.48%
24
XOMEXXON MOBIL CORP
662,803$79.8M0.48%
25
JNJJOHNSON & JOHNSON
376,356$77.9M0.47%
26
WMTWALMART INC
667,866$74.4M0.45%
27
VCEBVANGUARD WORLD FD
1,100,000$70.0M0.42%
28
BACBANK AMERICA CORP
1,196,424$65.8M0.40%
29
GOOGALPHABET INC
190,914$59.9M0.36%
30
ABBVABBVIE INC
261,667$59.8M0.36%
31
NFLXNETFLIX INC
632,250$59.3M0.36%
32
PLTRPALANTIR TECHNOLOGIES INC
333,170$59.2M0.36%
33
COSTCOSTCO WHSL CORP NEW
65,457$56.4M0.34%
34
FALNISHARES TR
2,000,000$54.6M0.33%
35
PGPROCTER AND GAMBLE CO
378,855$54.3M0.33%
36
GEGE AEROSPACE
173,745$53.5M0.32%
37
HDHOME DEPOT INC
155,095$53.4M0.32%
38
GSGOLDMAN SACHS GROUP INC
60,200$52.9M0.32%
39
AMDADVANCED MICRO DEVICES INC
242,917$52.0M0.31%
40
CSCOCISCO SYS INC
656,847$50.6M0.31%
41
WFCWELLS FARGO CO NEW
538,759$50.2M0.30%
42
ORCLORACLE CORP
254,518$49.6M0.30%
43
KOCOCA COLA CO
707,276$49.4M0.30%
44
MUMICRON TECHNOLOGY INC
170,071$48.5M0.29%
45
CVXCHEVRON CORP NEW
308,436$47.0M0.28%
46
UNHUNITEDHEALTH GROUP INC
133,062$43.9M0.27%
47
CATCATERPILLAR INC
76,416$43.8M0.26%
48
MRKMERCK & CO INC
396,874$41.8M0.25%
49
CRMSALESFORCE INC
157,228$41.7M0.25%
50
IBMINTERNATIONAL BUSINESS MACHS
139,408$41.3M0.25%
51
RYROYAL BK CDA
240,529$41.1M0.25%
52
AXPAMERICAN EXPRESS CO
110,935$41.0M0.25%
53
TRVCCITIGROUP INC
341,876$39.9M0.24%
54
LRCXLAM RESEARCH CORP
231,730$39.7M0.24%
55
DWDMORGAN STANLEY
221,412$39.3M0.24%
56
AMATAPPLIED MATLS INC
147,582$37.9M0.23%
57
TMOTHERMO FISHER SCIENTIFIC INC
63,217$36.6M0.22%
58
MCDMCDONALDS CORP
118,366$36.2M0.22%
59
PEPPEPSICO INC
246,557$35.4M0.21%
60
ABTABBOTT LABS
281,652$35.3M0.21%
61
LINLINDE PLC
79,585$33.9M0.21%
62
SPGIS&P GLOBAL INC
64,507$33.7M0.20%
63
EMBISHARES TR
350,000$33.7M0.20%
64
DISDISNEY WALT CO
290,594$33.1M0.20%
65
INDAISHARES TR
607,910$32.9M0.20%
66
ISRGINTUITIVE SURGICAL INC
57,253$32.4M0.20%
67
COFCAPITAL ONE FINL CORP
129,282$31.3M0.19%
68
TAT&T INC
1,248,460$31.0M0.19%
69
SCHWSCHWAB CHARLES CORP
310,181$31.0M0.19%
70
QCOMQUALCOMM INC
180,771$30.9M0.19%
71
SHOPSHOPIFY INC
191,408$30.9M0.19%
72
BACVERIZON COMMUNICATIONS INC
742,109$30.2M0.18%
73
BLKBLACKROCK INC
27,912$29.9M0.18%
74
KLACKLA CORP
24,564$29.8M0.18%
75
BKNGBOOKING HOLDINGS INC
5,524$29.6M0.18%
76
APHAMPHENOL CORP NEW
218,589$29.5M0.18%
77
INTUINTUIT
44,158$29.3M0.18%
78
AMGNAMGEN INC
88,159$28.9M0.17%
79
GEVGE VERNOVA INC
43,943$28.7M0.17%
80
PHPARKER-HANNIFIN CORP
32,475$28.5M0.17%
81
TDTORONTO DOMINION BK ONT
301,698$28.5M0.17%
82
TJXTJX COS INC NEW
184,966$28.4M0.17%
83
ACNACCENTURE PLC IRELAND
105,386$28.3M0.17%
84
NOWSERVICENOW INC
175,415$26.9M0.16%
85
BSXBOSTON SCIENTIFIC CORP
280,181$26.7M0.16%
86
NEENEXTERA ENERGY INC
330,893$26.6M0.16%
87
ANETARISTA NETWORKS INC
198,550$26.0M0.16%
88
KUREKRANESHARES TRUST
1,520,129$25.9M0.16%
89
COPCONOCOPHILLIPS
275,852$25.8M0.16%
90
UBERUBER TECHNOLOGIES INC
315,317$25.8M0.16%
91
WELLWELLTOWER INC
137,676$25.6M0.15%
92
INTCINTEL CORP
688,623$25.4M0.15%
93
ETNEATON CORP PLC
79,475$25.3M0.15%
94
PGRPROGRESSIVE CORP
110,044$25.1M0.15%
95
TXNTEXAS INSTRS INC
143,941$25.0M0.15%
96
ADIANALOG DEVICES INC
91,159$24.7M0.15%
97
ADBEADOBE INC
69,326$24.3M0.15%
98
GILDGILEAD SCIENCES INC
195,915$24.0M0.15%
99
APPAPPLOVIN CORP
35,600$24.0M0.15%
100
AEMAGNICO EAGLE MINES LTD
141,252$24.0M0.15%
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