Bank of Finland

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 15, 2026), Bank of Finland reported 4 stock positions worth $1.4 billion. Its top holding was Xtrack MSCI USA Clim Act Eq (USCA) at 31.4% of the portfolio, followed by Ishr Par-Alnd Clim Opt Mue-U (PABU, 25.2%) and iShares Core S&P 500 ETF (IVV, 24.8%). Compared with Q3 2025, it added to 3 and reduced 1. The biggest buy was Xtrack MSCI USA Clim Act Eq (USCA, shares +0%) and the biggest sale iShares Core MSCI Dev MKTS (IDEV, shares −46%).

Most Recent 13F
Q2 2026
Location
HELSINKI, H9
CIK
0001844891
Portfolio Value
$1.4B (Q4 2025)
SEC Filing
0001844891-26-000001 ↗ filed Jan 15, 2026

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.5B Q1 2024 Q2 2024: $1.6B Q2 2024 Q3 2024: $1.7B Q3 2024 Q4 2024: $1.4B Q4 2024 Q1 2025: $1.4B Q1 2025 Q2 2025: $1.5B Q2 2025 Q3 2025: $1.6B Q3 2025 Q4 2025: $1.4B $1.4B Q4 2025 Q1 2026: $1.4B Q1 2026 Q2 2026: $1.5B Q2 2026

Holdings 4 stocks · $1.4B
USCA Xtrack MSCI USA Clim Act Eq 31.36% 10,793,051 $451.5M Add +0.3%
PABU Ishr Par-Alnd Clim Opt Mue-U 25.15% 4,971,770 $362.2M Add +0.3%
IVV iShares Core S&P 500 ETF 24.84% 522,156 $357.6M Add +0.4%
IDEV iShares Core MSCI Dev MKTS 18.64% 3,254,031 $268.4M Reduce -46.4%

Portfolio Sells Q3 2025 → Q4 2025
IDEV iShares Core MSCI Dev MKTS Reduce -46.4% 18.64% −11.14

Portfolio Buys Q3 2025 → Q4 2025
USCA Xtrack MSCI USA Clim Act Eq Add +0.3% 31.36% +4.25
IVV iShares Core S&P 500 ETF Add +0.4% 24.84% +3.53
PABU Ishr Par-Alnd Clim Opt Mue-U Add +0.3% 25.15% +3.36

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 4$1.5BUSCA, IVV, PABU, IDEV
Q1 2026 4$1.4BUSCA, IVV, PABU, IDEV
Q4 2025 4$1.4BUSCA, PABU, IVV, IDEV
Q3 2025 4$1.6BIDEV, USCA, PABU, IVV
Q2 2025 4$1.5BIDEV, USCA, PABU, IVV
Q1 2025 4$1.4BIDEV, USCA, PABU, IVV
Q4 2024 4$1.4BUSSG, IDEV, PABU, IVV
Q3 2024 4$1.7BIDEV, IVV, USSG, PABU
Q2 2024 4$1.6BIDEV, IVV, USSG, PABU
Q1 2024 4$1.5BIDEV, IVV, USSG, PABU