Q2 2026 13F · SEC CIK 1661580

Ilmarinen Mutual Pension Insurance Co

Pension fundFiled 2026-08-13 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $14.8B
Reported positions: 445
Top holdings a year, 3 yrs: +18.4%
Average holding period: 3.5 yrs

Ilmarinen Mutual Pension Insurance Co is a pension fund that reported 445 positions worth $14.8B in its Q2 2026 13F, filed 2026-08-13. Its largest holdings were Dbx ETF Tr (USCA, 17.0%), Ishares Tr (USCL, 17.0%), Nvidia Corporation (NVDA, 4.3%). A portfolio copying its top holdings returned 18.4% a year over the last 3 years, against 20.4% for the S&P 500.

Ilmarinen Mutual Pension Insurance Co holdings largest 50 of 445 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Ilmarinen Mutual Pension Insurance Co 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
USCADbx ETF Tr	17.0%	16.2%	57,515,806	+9.0%	$2.5B
USCLIshares Tr	17.0%	16.2%	30,263,123	+9.3%	$2.5B
NVDANvidia Corporation	4.3%	4.4%	3,171,944	-0.5%	$634.7M
AAPLApple Inc	3.9%	3.8%	2,016,311	+6.9%	$583.4M
USHYiShares Broad USD High Yield Corporate B	3.5%	4.1%	14,110,000	+0.2%	$522.4M
GOOGLAlphabet Inc	3.4%	3.1%	1,415,721	+3.0%	$505.9M
SPHYSpdr Series Trust	3.3%	3.8%	20,950,000	+2.4%	$491.1M
MSFTMicrosoft Corp	2.4%	2.7%	965,714	+2.8%	$360.2M
AMZNAmazon Com Inc	2.0%	2.1%	1,270,000	-2.8%	$302.7M
AVGOBroadcom Inc	1.5%	1.3%	586,503	+6.9%	$221.6M
IYRIshares Tr	1.4%	1.2%	1,970,051	+21.5%	$201.4M
MUMicron Technology Inc	1.3%	0.4%	160,806	+4.0%	$185.6M
METAMeta Platforms Inc	1.1%	1.3%	301,887	+7.5%	$170.1M
TSLATesla Inc	1.0%	1.1%	361,000	-3.9%	$151.8M
JPMJpmorgan Chase & Co	0.9%	0.9%	399,018	+3.3%	$130.6M
LLYEli Lilly & Co	0.9%	0.7%	106,300	+3.9%	$127.5M
AMDAdvanced Micro Devices Inc	0.9%	0.3%	217,777	+7.2%	$126.5M
EEMIshares Tr	0.7%	0.7%	1,542,754	+0.0%	$105.5M
VVisa Inc	0.6%	0.6%	278,077	+10.2%	$95.4M
BRK-BBerkshire Hathaway Inc Del	0.6%	0.7%	188,840	-4.3%	$94.5M
INTCIntel Corp	0.6%	—	591,958	—	$82.7M
AMATApplied Matls Inc	0.6%	0.3%	114,103	+13.5%	$82.5M
JNJJohnson & Johnson	0.5%	0.6%	315,500	+4.8%	$80.1M
LRCXLam Research Corp	0.5%	0.3%	175,225	+12.1%	$75.9M
XOMExxon Mobil Corp	0.5%	0.8%	543,000	-9.5%	$74.2M
MAMastercard Incorporated	0.5%	0.5%	138,011	+0.0%	$70.9M
CATCaterpillar Inc	0.5%	0.4%	65,500	-4.8%	$69.8M
WMTWalmart Inc	0.5%	0.6%	604,535	-2.7%	$68.5M
COSTCostco Wholesale Corporation	0.4%	0.5%	63,885	-3.2%	$59.8M
BACBank of Amer Corp	0.4%	0.4%	1,042,857	-8.6%	$59.4M
KLACKla Corp	0.4%	—	196,011	—	$59.1M
CSCOCisco Sys Inc	0.4%	0.2%	494,225	+21.0%	$58.1M
ABBVAbbvie Inc	0.4%	0.4%	228,400	+4.1%	$57.5M
GEGe Aerospace	0.4%	0.3%	147,500	-4.8%	$55.1M
KOCoca Cola Co	0.4%	0.5%	662,227	-20.4%	$53.8M
UNHUnitedhealth Group Inc	0.4%	0.3%	129,300	+0.0%	$53.7M
MRKMerck & Co Inc	0.3%	0.3%	366,500	+0.0%	$47.1M
HDHome Depot Inc	0.3%	0.3%	130,000	-3.0%	$45.8M
GEVGe Vernova Inc	0.3%	0.3%	37,900	-5.2%	$44.5M
NFLXNetflix Inc.	0.3%	0.4%	617,037	+5.8%	$44.1M
MSMorgan Stanley	0.3%	0.2%	191,034	+3.8%	$39.9M
PGProcter & Gamble Co	0.3%	—	262,155	—	$38.4M
TXNTexas Instrs Inc	0.3%	—	126,740	—	$37.8M
PANWPalo Alto Networks Inc	0.3%	—	108,570	—	$37.0M
WDCWestern Digital Corp Com	0.2%	—	55,621	—	$35.5M
MRVLMarvell Technology Inc	0.2%	—	114,925	—	$34.2M
APHAmphenol Corp	0.2%	—	193,718	—	$34.2M
SCHWCharles Schwab Corp (the)	0.2%	0.3%	366,441	+0.0%	$33.8M
CVXChevron Corporation	0.2%	—	203,000	—	$33.6M
LINLinde PLC	0.2%	0.2%	64,600	+14.3%	$33.5M

What Ilmarinen Mutual Pension Insurance Co bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +11.7% /yr; S&P 500 +20.1%
3 years: +18.4% /yr; S&P 500 +20.4%
5 years: +10.2% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$14.8B	445
Q1 2026	$12.7B	462
Q4 2025	$12.5B	331
Q3 2025	$13.3B	303
Q2 2025	$12.4B	295
Q1 2025	$11.3B	301
Q4 2024	$11.7B	293
Q3 2024	$9.2B	271
Q2 2024	$8.6B	273
Q1 2024	$8.2B	265
Q4 2023	$7.4B	264
Q3 2023	$7.6B	274

Questions about Ilmarinen Mutual Pension Insurance Co's portfolio

What stocks does Ilmarinen Mutual Pension Insurance Co own?

Ilmarinen Mutual Pension Insurance Co's latest 13F, for Q2 2026 and filed Aug 13, 2026, lists 445 positions worth $14.8B. The largest are Dbx ETF Tr (USCA) at 17.0%, Ishares Tr (USCL) at 17.0%, Nvidia Corporation (NVDA) at 4.3%, Apple Inc (AAPL) at 3.9% and iShares Broad USD High Yield Corporate B (USHY) at 3.5%.

What did Ilmarinen Mutual Pension Insurance Co buy last quarter?

In Q2 2026, Ilmarinen Mutual Pension Insurance Co added Ishares Tr (IYR) (+21.5% shares), Cisco Sys Inc (CSCO) (+21.0% shares) and Linde PLC (LIN) (+14.3% shares), compared with its Q1 2026 filing.

What did Ilmarinen Mutual Pension Insurance Co sell last quarter?

In Q2 2026, Ilmarinen Mutual Pension Insurance Co cut from its top 50 Pepsico Inc (PEP), cut from its top 50 Blackrock Inc (BLK), cut from its top 50 Oracle Corp (ORCL), cut from its top 50 Palantir Technologies Inc (PLTR), cut from its top 50 Salesforce Inc (CRM), Coca Cola Co (KO) (-20.4% shares), Exxon Mobil Corp (XOM) (-9.5% shares) and Bank of Amer Corp (BAC) (-8.6% shares), compared with its Q1 2026 filing.

How has Ilmarinen Mutual Pension Insurance Co's portfolio performed?

A portfolio copying Ilmarinen Mutual Pension Insurance Co's 20 largest 13F holdings each quarter, from the day each filing was public, returned +18.4% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +11.7% against +20.1%. Over 5 years: +10.2% a year against +11.6%.

When is Ilmarinen Mutual Pension Insurance Co's next 13F filing due?

13F filings are due 45 days after each quarter ends. Ilmarinen Mutual Pension Insurance Co's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.