Mandatum Life Insurance Co Ltd

Wealth advisor Mechanical CIK 1664324
League rank
#42
in Wealth advisor · #792 overall
Long book
$444.8M
Q1 2026
Positions
84
Top-10 weight
64%
concentration
Last quarter
+18.2%
SPY +14.8%
Turnover
23%
of book per quarter

Strategy in plain words

auto-generated from filings

Mandatum Life Insurance Co Ltd is a wealth-management firm allocating client money, running a $444.8M US long book across 84 positions.

The portfolio is concentrated: the top 10 names carry 64% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES CORE S&P 500 ETF, VANGUARD S&P 500 ETF, ISHARES CORE MSCI PACIFIC ET, ALPHABET INC-CL A, CISCO SYSTEMS INC.

Over the last 9 quarters its long book ran on average 0.6pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+2.2%
Q2 2024
+5.5%
Q3 2024
+2.4%
Q4 2024
-3.9%
Q1 2025
+12.5%
Q2 2025
+7.5%
Q3 2025
+5.3%
Q4 2025
-4.3%
Q1 2026
+18.2%

Sector allocation

Technology
35%
Financials
15%
Industrials
14%
Consumer discretionary
10%
Services media
10%
Other
7%
Healthcare
7%
Communications
1%

Long book by quarter

$299.0M
Q1 2024
$298.6M
Q2 2024
$326.0M
Q3 2024
$337.4M
Q4 2024
$325.7M
Q1 2025
$379.9M
Q2 2025
$418.6M
Q3 2025
$438.0M
Q4 2025
$444.8M
Q1 2026

What does Mandatum Life own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
GOOGL ALPHABET INC-CL ATechnology46.2K$13.3M3.0%-5.9%
CSCO CISCO SYSTEMS INCTechnology140.5K$10.9M2.5%Held
C CITIGROUP INCFinancials85.4K$9.7M2.2%Held
JPM JPMORGAN CHASE & COFinancials30.5K$9.0M2.0%Held
MSFT MICROSOFT CORPTechnology22.0K$8.1M1.8%+0.2%
ROK ROCKWELL AUTOMATION INCOther22.2K$8.0M1.8%+26.9%
MA MASTERCARD INC - AServices media14.4K$7.2M1.6%+1.0%
TJX TJX COMPANIES INCConsumer discretionary45.0K$7.2M1.6%Held
GEHC GE HEALTHCARE TECHNOLOGYHealthcare100.0K$7.1M1.6%Held
EMR EMERSON ELECTRIC COIndustrials50.0K$6.6M1.5%Held
BAC BANK OF AMERICA CORPFinancials128.9K$6.3M1.4%Held
CARR CARRIER GLOBAL CORPIndustrials111.2K$6.3M1.4%+36.1%
META META PLATFORMS INC-CLASS ATechnology10.9K$6.2M1.4%-26.9%
GAP GAP INC/THEConsumer discretionary250.0K$6.0M1.4%Held
V VISA INC-CLASS A SHARESServices media18.6K$5.6M1.3%+1.2%
MU MICRON TECHNOLOGY INCTechnology16.3K$5.5M1.2%-49.8%
TGT TARGET CORPConsumer discretionary44.7K$5.4M1.2%Held
MDT MEDTRONIC PLCHealthcare59.1K$5.1M1.2%Held
FLS FLOWSERVE CORPIndustrials60.0K$4.4M1.0%Held
TSLA TESLA INCIndustrials11.7K$4.3M1.0%+7.1%
DIS WALT DISNEY CO/THEServices media35.3K$3.4M0.8%Held
CRM SALESFORCE INCTechnology16.1K$3.0M0.7%New
VRT VERTIV HOLDINGS CO-ATechnology11.7K$2.9M0.7%New
ABNB AIRBNB INC-CLASS AServices media22.6K$2.9M0.6%Held
CL COLGATE-PALMOLIVE COOther32.5K$2.8M0.6%Held
KMB KIMBERLY-CLARK CORPOther26.2K$2.5M0.6%Held
PLTR PALANTIR TECHNOLOGIES INC-ATechnology17.2K$2.5M0.6%-1.3%
HUM HUMANA INCFinancials14.0K$2.4M0.5%Held
MRVL MARVELL TECHNOLOGY INCTechnology24.1K$2.4M0.5%New
CAT CATERPILLAR INCIndustrials3.2K$2.3M0.5%New
NVDA NVIDIA CORPTechnology11.7K$2.0M0.5%+34.5%
DE DEERE & COIndustrials3.4K$1.9M0.4%+21.8%
ANET ARISTA NETWORKS INCTechnology15.3K$1.9M0.4%New
CMCSA COMCAST CORP-CLASS ACommunications65.2K$1.9M0.4%Held
CEG CONSTELLATION ENERGYUtilities6.1K$1.7M0.4%New
PANW PALO ALTO NETWORKS INCTechnology10.6K$1.7M0.4%New
QCOM QUALCOMM INCTechnology13.1K$1.7M0.4%+994.2%
PATH UIPATH INC - CLASS ATechnology128.0K$1.4M0.3%New
IREN IREN LTDFinancials41.0K$1.4M0.3%New
ZETA ZETA GLOBAL HOLDINGS CORP-ATechnology88.0K$1.4M0.3%New
MDB MONGODB INCTechnology5.1K$1.2M0.3%New
AMZN AMAZON.COM INCConsumer discretionary3.2K$676K0.2%+26.0%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials1.3K$602K0.1%+1.9%
AAPL APPLE INCTechnology2.3K$575K0.1%-8.7%
STLA STELLANTIS NVIndustrials73.5K$512K0.1%Held
AMD ADVANCED MICRO DEVICESTechnology1.7K$337K0.1%Held
WMT WALMART INCConsumer discretionary2.0K$250K0.1%Held
AVGO BROADCOM INCTechnology800$248K0.1%Held
CRWD CROWDSTRIKE HOLDINGS INC - ATechnology626$244K0.1%-19.8%
PFE PFIZER INCHealthcare8.6K$241K0.1%-34.1%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 5, 202684$444.8M canonicalSEC ↗
Q4 202513F-HRFeb 11, 202677$438.0M canonicalSEC ↗
Q3 202513F-HRNov 6, 202581$418.6M canonicalSEC ↗
Q2 202513F-HRJul 11, 202582$379.9M canonicalSEC ↗
Q1 202513F-HRMay 5, 202574$325.7M canonicalSEC ↗
Q4 202413F-HRJan 16, 202581$337.4M canonicalSEC ↗
Q3 202413F-HROct 21, 202484$326.0M canonicalSEC ↗
Q2 202413F-HRAug 1, 202483$298.6M canonicalSEC ↗
Q1 202413F-HRMay 8, 202483$299.0M canonicalSEC ↗