Ilmarinen Mutual Pension Insurance Co
Long book
$12.71B
Q1 2026
Positions
462
Top-10 weight
58%
concentration
Last quarter
+13.4%
SPY +14.8%
Turnover
34%
of book per quarter
Strategy in plain words
auto-generated from filingsIlmarinen Mutual Pension Insurance Co is an institutional manager, running a $12.71B US long book across 462 positions.
The portfolio is concentrated: the top 10 names carry 58% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: XTRACK MSCI USA CLIM ACT EQ, ISHARES CLIMATE CONSCIOUS, NVIDIA CORP, ISHARES BROAD USD HIGH YIELD, APPLE INC.
Over the last 9 quarters its long book ran on average 0.7pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+4.4%
Q2 2024
+5.8%
Q3 2024
+3.0%
Q4 2024
-3.5%
Q1 2025
+9.0%
Q2 2025
+5.8%
Q3 2025
+2.0%
Q4 2025
-6.0%
Q1 2026
+13.4%
Sector allocation
Technology 41%
Financials 11%
Industrials 11%
Consumer discretionary 10%
Healthcare 8%
Services media 6%
Other 3%
Energy 3%
Long book by quarter
What does Ilmarinen Mutual own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 3.2M | $555.8M | 4.4% | +52.0% |
| AAPL APPLE INC | Technology | 1.9M | $478.8M | 3.8% | New |
| GOOGL ALPHABET INC-CL A | Technology | 1.4M | $395.2M | 3.1% | +21.8% |
| MSFT MICROSOFT CORP | Technology | 939.4K | $347.7M | 2.7% | +21.4% |
| AMZN AMAZON.COM INC | Consumer discretionary | 1.3M | $272.0M | 2.1% | +4.3% |
| AVGO BROADCOM INC | Technology | 548.4K | $169.7M | 1.3% | -38.7% |
| META META PLATFORMS INC-CLASS A | Technology | 280.9K | $160.7M | 1.3% | -21.4% |
| TSLA TESLA INC | Industrials | 375.5K | $139.6M | 1.1% | -18.3% |
| JPM JPMORGAN CHASE & CO | Financials | 386.4K | $113.7M | 0.9% | -15.6% |
| XOM EXXON MOBIL CORP | Energy | 600.0K | $101.8M | 0.8% | -18.4% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 197.3K | $94.6M | 0.7% | New |
| LLY ELI LILLY & CO | Healthcare | 102.3K | $94.1M | 0.7% | -24.4% |
| WMT WALMART INC | Consumer discretionary | 621.5K | $77.2M | 0.6% | -14.7% |
| V VISA INC-CLASS A SHARES | Services media | 252.4K | $76.3M | 0.6% | -24.9% |
| JNJ JOHNSON & JOHNSON | Healthcare | 301.1K | $73.6M | 0.6% | -25.9% |
| MA MASTERCARD INC - A | Services media | 138.0K | $69.0M | 0.5% | -18.5% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 66.0K | $65.7M | 0.5% | New |
| KO COCA-COLA CO/THE | Consumer staples | 832.2K | $63.3M | 0.5% | +11.9% |
| NFLX NETFLIX INC | Services media | 583.2K | $56.1M | 0.4% | -7.9% |
| BAC BANK OF AMERICA CORP | Financials | 1.1M | $55.7M | 0.4% | -10.0% |
| MU MICRON TECHNOLOGY INC | Technology | 154.6K | $52.2M | 0.4% | New |
| CAT CATERPILLAR INC | Industrials | 68.8K | $48.7M | 0.4% | -10.4% |
| ABBV ABBVIE INC | Healthcare | 219.5K | $47.7M | 0.4% | -23.7% |
| MRK MERCK & CO. INC. | Healthcare | 366.5K | $44.1M | 0.3% | -17.0% |
| HD HOME DEPOT INC | Consumer discretionary | 134.0K | $44.1M | 0.3% | -23.5% |
| GE GENERAL ELECTRIC | Industrials | 155.0K | $44.0M | 0.3% | +154.1% |
| AMD ADVANCED MICRO DEVICES | Technology | 203.1K | $41.3M | 0.3% | -36.8% |
| UNH UNITEDHEALTH GROUP INC | Financials | 129.3K | $35.0M | 0.3% | -17.8% |
| GEV GE VERNOVA INC | Industrials | 40.0K | $34.9M | 0.3% | +300.0% |
| SCHW SCHWAB (CHARLES) CORP | Financials | 366.4K | $34.4M | 0.3% | +8.3% |
| AMAT APPLIED MATERIALS INC | Technology | 100.6K | $34.4M | 0.3% | New |
| PEP PEPSICO INC | Consumer staples | 220.0K | $34.2M | 0.3% | -3.3% |
| LRCX LAM RESEARCH CORP | Industrials | 156.3K | $33.4M | 0.3% | New |
| BLK BLACKROCK INC | Financials | 34.5K | $33.2M | 0.3% | -20.7% |
| ORCL ORACLE CORP | Technology | 223.8K | $32.9M | 0.3% | -38.3% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 219.1K | $32.1M | 0.3% | -44.6% |
| CSCO CISCO SYSTEMS INC | Technology | 408.3K | $31.7M | 0.2% | -40.9% |
| MS MORGAN STANLEY | Financials | 184.0K | $30.3M | 0.2% | +19.5% |
| CRM SALESFORCE INC | Technology | 161.1K | $30.1M | 0.2% | -38.9% |
| MCD MCDONALD'S CORP | Consumer discretionary | 95.5K | $29.7M | 0.2% | -31.0% |
| LIN LINDE PLC | Materials | 56.5K | $28.0M | 0.2% | -23.1% |
| GILD GILEAD SCIENCES INC | Healthcare | 198.0K | $27.6M | 0.2% | Held |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 55.3K | $27.2M | 0.2% | -17.8% |
| AMGN AMGEN INC | Healthcare | 75.8K | $26.7M | 0.2% | -13.0% |
| DE DEERE & CO | Industrials | 46.5K | $26.2M | 0.2% | -9.4% |
| UNP UNION PACIFIC CORP | Industrials | 106.6K | $25.9M | 0.2% | +10.5% |
| TJX TJX COMPANIES INC | Consumer discretionary | 160.5K | $25.6M | 0.2% | New |
| ISRG INTUITIVE SURGICAL INC | Healthcare | 54.8K | $25.3M | 0.2% | +64.6% |
| INTC INTEL CORP | Technology | 568.9K | $25.1M | 0.2% | New |
| GS GOLDMAN SACHS GROUP INC | Financials | 29.5K | $25.0M | 0.2% | -11.9% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 12, 2026 | 462 | $12.71B | $K fixed canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 10, 2026 | 331 | $12.54B | $K fixed canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 303 | $13.32B | $K fixed canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 295 | $12.44B | $K fixed canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 20, 2025 | 301 | $11.29B | $K fixed canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 293 | $11.67B | $K fixed canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 12, 2024 | 271 | $9.18B | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 15, 2024 | 273 | $8.58B | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 266 | $8.28B | $K fixed canonical | SEC ↗ |
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