Q2 2026 13F · SEC CIK 1608046

National Pension Service

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

Reported 13F value: $155.1B
Reported positions: 552
Top holdings a year, 3 yrs: +24.6%
Average holding period: 8.6 yrs

National Pension Service is a sovereign wealth fund that reported 552 positions worth $155.1B in its Q2 2026 13F, filed 2026-08-13. Its largest holdings were Nvidia Corporation (NVDA, 6.6%), Apple Inc (AAPL, 5.9%), Microsoft Corp (MSFT, 3.7%). A portfolio copying its top holdings returned 24.6% a year over the last 3 years, against 20.4% for the S&P 500.

National Pension Service holdings largest 50 of 552 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.

National Pension Service 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
NVDANvidia Corporation	6.6%	6.8%	50,834,621	-0.9%	$10.2B
AAPLApple Inc	5.9%	6.0%	31,517,924	+1.6%	$9.1B
MSFTMicrosoft Corp	3.7%	4.2%	15,239,745	+2.2%	$5.7B
AMZNAmazon Com Inc	3.2%	3.2%	20,970,745	+2.6%	$5.0B
GOOGLAlphabet Inc	3.0%	2.8%	13,098,297	+2.4%	$4.7B
GOOGAlphabet Inc	2.4%	2.3%	10,550,690	-0.6%	$3.7B
AVGOBroadcom Inc	2.3%	2.2%	9,612,865	+2.5%	$3.6B
PBUSInvesco Exch Traded Fd Tr II	2.3%	2.3%	47,382,366	+0.0%	$3.5B
MUMicron Technology Inc	2.1%	0.7%	2,886,160	+0.4%	$3.3B
IVVIshares Tr	2.0%	2.0%	4,119,355	+0.0%	$3.1B
METAMeta Platforms Inc	1.8%	2.0%	4,850,873	+3.3%	$2.7B
TSLATesla Inc	1.6%	1.7%	6,022,001	+2.2%	$2.5B
AMDAdvanced Micro Devices Inc	1.3%	0.5%	3,600,765	+1.4%	$2.1B
LLYEli Lilly & Co	1.3%	1.2%	1,682,782	+1.3%	$2.0B
JPMJpmorgan Chase & Co	1.2%	1.2%	5,549,588	+0.7%	$1.8B
LRCXLam Research Corp	0.9%	0.5%	3,362,878	-0.1%	$1.5B
AMATApplied Matls Inc	0.9%	0.5%	1,962,051	+0.5%	$1.4B
BRK-BBerkshire Hathaway Inc Del	0.9%	1.0%	2,804,925	+2.6%	$1.4B
INTCIntel Corp	0.9%	—	9,999,492	—	$1.4B
JNJJohnson & Johnson	0.9%	1.0%	5,226,968	+1.3%	$1.3B
XOMExxon Mobil Corp	0.9%	1.2%	9,664,021	+1.8%	$1.3B
VVisa Inc	0.8%	0.8%	3,456,128	+1.7%	$1.2B
WMTWalmart Inc	0.8%	0.9%	10,314,166	+3.5%	$1.2B
CSCOCisco Sys Inc	0.7%	0.6%	9,713,396	+0.9%	$1.1B
KLACKla Corp	0.7%	0.4%	3,634,859	+899.4%	$1.1B
CATCaterpillar Inc	0.7%	0.5%	1,010,122	+2.2%	$1.1B
ABBVAbbvie Inc	0.7%	0.7%	4,009,573	+1.5%	$1.0B
GEGe Aerospace	0.6%	0.5%	2,436,124	+1.9%	$910.5M
COSTCostco Wholesale Corporation	0.6%	0.7%	966,727	+3.6%	$904.3M
MAMastercard Incorporated	0.6%	0.7%	1,727,014	+0.3%	$887.0M
BACBank of Amer Corp	0.6%	0.6%	15,536,432	+0.3%	$885.3M
WDCWestern Digital Corp Com	0.6%	—	1,380,902	—	$882.0M
MRVLMarvell Technology Inc	0.5%	—	2,796,524	—	$833.1M
PGProcter & Gamble Co	0.5%	0.6%	5,639,311	+3.1%	$826.9M
UNHUnitedhealth Group Inc	0.5%	0.4%	1,970,332	+1.2%	$818.9M
STXSeagate Technology Hldngs Pl	0.5%	—	834,705	—	$805.5M
HDHome Depot Inc	0.5%	0.5%	2,243,280	+2.5%	$791.2M
KOCoca Cola Co	0.5%	0.5%	9,350,248	+0.7%	$759.9M
TGRWT Rowe Price Exchange-Traded	0.5%	0.5%	15,814,477	+0.0%	$754.7M
CVXChevron Corporation	0.5%	0.7%	4,525,852	+1.0%	$750.2M
MRKMerck & Co Inc	0.5%	0.5%	5,791,782	+0.5%	$744.2M
NFLXNetflix Inc.	0.4%	0.7%	9,718,007	+2.8%	$693.9M
GSGoldman Sachs Group Inc	0.4%	0.4%	670,463	-0.6%	$678.1M
PMPhilip Morris Intl Inc	0.4%	0.5%	3,732,937	+3.3%	$675.3M
INFOHarbor ETF Trust	0.4%	0.4%	24,565,625	+0.0%	$668.0M
PANWPalo Alto Networks Inc	0.4%	—	1,955,902	—	$667.0M
GEVGe Vernova Inc	0.4%	—	564,585	—	$663.3M
IBMInternational Business Machs	0.4%	0.4%	2,349,975	+2.8%	$660.8M
TXNTexas Instrs Inc	0.4%	—	2,120,680	—	$632.1M
LSVDAdvisors Inner Circle Fd	0.4%	0.4%	18,162,000	+0.0%	$627.4M

What National Pension Service bought and sold in Q2 2026, against Q1 2026.

New positions

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

Added to

KLAC Kla Corp+899.4% shares

Reduced

No position shrank by more than 5%.

Left the top 50

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: +17.9% /yr; S&P 500 +20.1%
3 years: +24.6% /yr; S&P 500 +20.4%
5 years: +14.1% /yr; S&P 500 +12.4%

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	$155.1B	552
Q1 2026	$131.7B	562
Q4 2025	$135.1B	561
Q3 2025	$128.8B	552
Q2 2025	$115.8B	534
Q1 2025	$104.0B	540
Q4 2024	$105.7B	550
Q3 2024	$103.7B	511
Q2 2024	$87.0B	546
Q1 2024	$83.3B	539
Q4 2023	$71.8B	513
Q3 2023	$62.5B	514

Questions about National Pension Service's portfolio

What stocks does National Pension Service own?

National Pension Service's latest 13F, for Q2 2026 and filed Aug 13, 2026, lists 552 positions worth $155.1B. The largest are Nvidia Corporation (NVDA) at 6.6%, Apple Inc (AAPL) at 5.9%, Microsoft Corp (MSFT) at 3.7%, Amazon Com Inc (AMZN) at 3.2% and Alphabet Inc (GOOGL) at 3.0%.

What did National Pension Service buy last quarter?

In Q2 2026, National Pension Service added Kla Corp (KLAC) (+899.4% shares), compared with its Q1 2026 filing.

What did National Pension Service sell last quarter?

In Q2 2026, National Pension Service cut from its top 50 Palantir Technologies Inc (PLTR), cut from its top 50 Linde PLC (LIN), cut from its top 50 Wells Fargo & Co (WFC), cut from its top 50 Oracle Corp (ORCL) and cut from its top 50 Rtx Corporation (RTX), compared with its Q1 2026 filing.

How has National Pension Service's portfolio performed?

A portfolio copying National Pension Service's 20 largest 13F holdings each quarter, from the day each filing was public, returned +24.6% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +17.9% against +20.1%. Over 5 years: +14.1% a year against +12.4%.

When is National Pension Service's next 13F filing due?

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