MetLife Investment Management, LLC

Insurance Mechanical CIK 1529735
League rank
#1
in Insurance · #1573 overall
Long book
$19.61B
Q1 2026
Positions
2765
Top-10 weight
28%
concentration
Last quarter
+15.0%
SPY +14.8%
Turnover
6%
of book per quarter

Strategy in plain words

auto-generated from filings

MetLife Investment Management, LLC is an insurance company managing float, running a $19.61B US long book across 2765 positions.

The portfolio is moderately concentrated (top 10 ≈ 28% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: NVIDIA CORP, APPLE INC, MICROSOFT CORP, AMAZON.COM INC, ALPHABET INC-CL A.

Over the last 9 quarters its long book ran on average 0.3pp per quarter behind the S&P 500, beating the index in 3 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
+3.2%
Q2 2024
+6.1%
Q3 2024
+2.3%
Q4 2024
-5.2%
Q1 2025
+10.4%
Q2 2025
+7.7%
Q3 2025
+2.3%
Q4 2025
-3.8%
Q1 2026
+15.0%

Sector allocation

Technology
36%
Industrials
13%
Financials
12%
Healthcare
9%
Consumer discretionary
9%
Services media
5%
Other
4%
Energy
4%

Long book by quarter

$14.88B
Q1 2024
$16.84B
Q2 2024
$17.44B
Q3 2024
$18.43B
Q4 2024
$18.53B
Q1 2025
$17.03B
Q2 2025
$20.84B
Q3 2025
$20.67B
Q4 2025
$19.61B
Q1 2026

What does MetLife Investment own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology6.5M$1.14B5.8%-2.3%
AAPL APPLE INCTechnology4.0M$1.01B5.1%-3.0%
MSFT MICROSOFT CORPTechnology2.0M$747.7M3.8%-2.3%
AMZN AMAZON.COM INCConsumer discretionary2.5M$530.5M2.7%-1.9%
GOOGL ALPHABET INC-CL ATechnology1.5M$433.8M2.2%-2.5%
AVGO BROADCOM INCTechnology1.3M$400.5M2.0%-2.0%
GOOG ALPHABET INC-CL CTechnology1.2M$348.4M1.8%-2.1%
META META PLATFORMS INC-CLASS ATechnology584.6K$334.5M1.7%-2.6%
TSLA TESLA INCIndustrials773.9K$287.7M1.5%-2.3%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials428.6K$205.4M1.0%-2.5%
LLY ELI LILLY & COHealthcare221.5K$203.7M1.0%-3.3%
JPM JPMORGAN CHASE & COFinancials630.3K$185.4M0.9%-3.4%
XOM EXXON MOBIL CORPEnergy977.2K$165.8M0.8%-3.3%
V VISA INC-CLASS A SHARESServices media468.8K$141.7M0.7%-3.5%
JNJ JOHNSON & JOHNSONHealthcare563.0K$137.6M0.7%-2.5%
WMT WALMART INCConsumer discretionary1.0M$129.7M0.7%-2.6%
COST COSTCO WHOLESALE CORPConsumer discretionary123.8K$123.3M0.6%-3.1%
NFLX NETFLIX INCServices media1.2M$113.3M0.6%-3.4%
MA MASTERCARD INC - AServices media226.4K$113.1M0.6%-3.7%
ABBV ABBVIE INCHealthcare493.0K$107.2M0.5%-3.2%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology630.7K$92.3M0.5%-3.2%
CVX CHEVRON CORPEnergy438.0K$90.6M0.5%-3.4%
MU MICRON TECHNOLOGY INCTechnology262.9K$88.8M0.5%-2.3%
HD HOME DEPOT INCConsumer discretionary266.9K$87.8M0.4%-3.0%
AMD ADVANCED MICRO DEVICESTechnology423.2K$86.1M0.4%-2.8%
GE GENERAL ELECTRICIndustrials291.9K$82.8M0.4%-3.6%
CAT CATERPILLAR INCIndustrials111.3K$78.8M0.4%-3.1%
PG PROCTER & GAMBLE CO/THEOther543.4K$78.5M0.4%-3.0%
BAC BANK OF AMERICA CORPFinancials1.6M$76.7M0.4%-3.8%
KO COCA-COLA CO/THEConsumer staples990.7K$75.3M0.4%-2.9%
LRCX LAM RESEARCH CORPIndustrials348.6K$74.5M0.4%-3.6%
CSCO CISCO SYSTEMS INCTechnology923.7K$71.7M0.4%-2.3%
MRK MERCK & CO. INC.Healthcare580.0K$69.8M0.4%-2.6%
ORCL ORACLE CORPTechnology472.0K$69.4M0.4%-2.6%
AMAT APPLIED MATERIALS INCTechnology195.6K$66.9M0.3%-3.2%
GEV GE VERNOVA INCIndustrials75.2K$65.6M0.3%-3.9%
RTX RTX CORPIndustrials313.6K$60.5M0.3%-2.4%
PM PHILIP MORRIS INTERNATIONALConsumer staples363.8K$60.1M0.3%-2.5%
GS GOLDMAN SACHS GROUP INCFinancials70.7K$59.8M0.3%-2.6%
WFC WELLS FARGO & COFinancials722.7K$57.5M0.3%-4.0%
UNH UNITEDHEALTH GROUP INCFinancials211.7K$57.3M0.3%-2.5%
LIN LINDE PLCMaterials109.2K$54.1M0.3%-2.5%
KLAC KLA CORPOther36.6K$53.9M0.3%-3.4%
IBM INTL BUSINESS MACHINES CORPTechnology218.3K$52.9M0.3%-2.5%
MCD MCDONALD'S CORPConsumer discretionary168.3K$52.3M0.3%-2.6%
PEP PEPSICO INCConsumer staples327.9K$50.9M0.3%-2.7%
AMGN AMGEN INCHealthcare143.7K$50.6M0.3%-3.0%
VZ VERIZON COMMUNICATIONS INCCommunications985.5K$49.5M0.3%-2.5%
INTC INTEL CORPTechnology1.1M$48.2M0.2%+1.7%
C CITIGROUP INCFinancials422.1K$47.9M0.2%-4.9%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 20262765$19.61B canonicalSEC ↗
Q4 202513F-HRFeb 12, 20262808$20.67B canonicalSEC ↗
Q3 202513F-HRNov 13, 20252844$20.84B canonicalSEC ↗
Q2 202513F-HRAug 13, 20252721$17.03B canonicalSEC ↗
Q1 202513F-HRMay 14, 20252781$18.53B canonicalSEC ↗
Q4 202413F-HRFeb 13, 20252810$18.43B canonicalSEC ↗
Q3 202413F-HRNov 13, 20242849$17.44B canonicalSEC ↗
Q2 202413F-HRAug 13, 20242912$16.84B canonicalSEC ↗
Q1 202413F-HRMay 14, 20242785$14.88B canonicalSEC ↗