Elo Mutual Pension Insurance Co
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Elo Mutual Pension Insurance Co reported 615 stock positions worth $4.5 billion. Its top holding was Apple (AAPL) at 7.2% of the portfolio, followed by Nvidia (NVDA, 6.1%) and Microsoft (MSFT, 5.2%). Compared with Q4 2024, it opened 172 new positions, sold out of 82, added to 248 and reduced 191. The biggest buy was Meta Platforms Class A (META, shares +30%) and the biggest sale Amazon.com (AMZN, shares −12%).
- Most Recent 13F
- Q2 2026
- Location
- ESPOO, H9
- CIK
- 0001739877
- Portfolio Value
- $4.5B (Q1 2025)
- SEC Filing
- 0001739877-25-000004 ↗ filed May 15, 2025
Holdings Value
Holdings 615 stocks · $4.5B
| AAPL Apple Inc. | 7.24% | 1,453,028 | $322.8M | Add +3.7% |
| NVDA Nvidia Corp. | 6.13% | 2,522,211 | $273.4M | Add +11.5% |
| MSFT Microsoft Corp. | 5.20% | 617,520 | $231.8M | Reduce -5.1% |
| META Meta Platforms Inc. Class A | 3.38% | 261,065 | $150.5M | Add +29.6% |
| AMZN Amazon.com Inc. | 3.28% | 768,639 | $146.2M | Reduce -11.7% |
| IEMG iShares Core MSCI Emerging | 2.36% | 1,951,100 | $105.3M | No change |
| GOOGL Alphabet Inc. Class A | 1.90% | 548,346 | $84.8M | Add +1.5% |
| TSLA Tesla Inc. | 1.77% | 304,288 | $78.9M | Add +14.8% |
| GOOG Alphabet Inc. Class C | 1.73% | 493,281 | $77.1M | Add +6.5% |
| AVGO Broadcom Inc. | 1.58% | 420,831 | $70.5M | Add +3.9% |
| UNH Unitedhealth Group Inc. | 1.40% | 119,487 | $62.6M | Add +41.8% |
| LLY Eli Lilly & Co. | 1.34% | 72,526 | $59.9M | Add +4.8% |
| V Visa Inc. Class A | 1.33% | 168,616 | $59.1M | Add +10.6% |
| NFLX Netflix Inc. | 1.12% | 53,323 | $49.7M | Add +36.1% |
| JNJ Johnson & Johnson | 1.05% | 281,988 | $46.8M | Add +28.4% |
| MA Mastercard Inc. Class A | 0.98% | 79,980 | $43.8M | Add +6.2% |
| ABBV Abbvie Inc. | 0.97% | 206,195 | $43.2M | Add +27.9% |
| XOM Exxon Mobil Corp. | 0.93% | 349,101 | $41.5M | Reduce -13.2% |
| PG The Procter & Gamble Co. | 0.89% | 233,002 | $39.7M | Add +8.7% |
| WMT Walmart Inc. | 0.88% | 444,646 | $39.0M | Add +10.2% |
| COST Costco Wholesale Corp. | 0.86% | 40,344 | $38.2M | Reduce -0.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.76% | 63,797 | $34.0M | Reduce -47.3% |
| MCHI iShares MSCI China ETF | 0.73% | 600,000 | $32.6M | Reduce -54.0% |
| HD Home Depot Inc. | 0.73% | 88,278 | $32.4M | Reduce -2.6% |
| JPM JPMorgan Chase & Co. | 0.71% | 128,754 | $31.6M | Reduce -50.4% |
| KO The Coca-Cola Co. | 0.70% | 435,891 | $31.2M | Add +16.7% |
| CRM Salesforce Inc. | 0.65% | 108,405 | $29.1M | Add +24.3% |
| AMD Advanced Micro Devices | 0.64% | 279,202 | $28.7M | Add +89.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.60% | 107,799 | $26.8M | Add +28.2% |
| ACN Accenture PLC Class A | 0.59% | 84,099 | $26.2M | Add +47.5% |
| CVX Chevron Corp. | 0.58% | 154,639 | $25.9M | Reduce -1.2% |
| CSCO Cisco Systems Inc. | 0.55% | 394,910 | $24.4M | Add +8.4% |
| PLTR Palantir Technologies Inc. Class A | 0.54% | 285,050 | $24.1M | Add +44.1% |
| INTU Intuit Inc. | 0.53% | 38,790 | $23.8M | Add +51.6% |
| MRK Merck & Co. Inc. | 0.52% | 255,835 | $23.0M | Add +10.6% |
| ISRG Intuitive Surgical Inc. | 0.51% | 45,531 | $22.6M | Add +40.4% |
| ADBE Adobe Inc. | 0.51% | 58,792 | $22.5M | Add +46.4% |
| ABT Abbott Laboratories | 0.50% | 167,849 | $22.3M | Add +5.7% |
| VZ Verizon Communications Inc. | 0.48% | 473,411 | $21.5M | Add +23.2% |
| QCOM Qualcomm Inc. | 0.47% | 135,996 | $20.9M | Add +33.8% |
| NOW ServiceNow Inc. | 0.45% | 25,166 | $20.0M | Add +33.9% |
| TMO Thermo Fisher Scientific Inc. | 0.43% | 38,707 | $19.3M | Add +11.0% |
| AMGN Amgen Inc. | 0.43% | 61,199 | $19.1M | Add +24.8% |
| PLD Prologis Inc. | 0.42% | 168,539 | $18.8M | Add +99.5% |
| UBER Uber Technologies Inc. | 0.42% | 255,021 | $18.6M | Add +47.8% |
| GILD Gilead Sciences Inc. | 0.41% | 161,985 | $18.2M | Add +42.6% |
| BSX Boston Scientific Corp. | 0.40% | 176,683 | $17.8M | Add +31.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.38% | 171,346 | $16.9M | Add +3.5% |
| MCD McDonald's Corp. | 0.37% | 52,926 | $16.5M | Reduce -19.1% |
| PGR Progressive Corp. | 0.37% | 58,391 | $16.5M | Add +9.3% |
| PFE Pfizer Inc. | 0.37% | 650,026 | $16.5M | Add +25.7% |
| LIN Linde PLC | 0.36% | 34,842 | $16.2M | Reduce -20.0% |
| VRTX Vertex Pharmaceuticals Inc. | 0.36% | 33,131 | $16.1M | Add +40.6% |
| ORCL Oracle Corp. | 0.36% | 114,262 | $16.0M | Reduce -24.7% |
| PANW Palo Alto Networks Inc. | 0.34% | 89,430 | $15.3M | Add +50.5% |
| PEP Pepsico Inc. | 0.34% | 99,930 | $15.0M | Reduce -20.2% |
| AMAT Applied Materials Inc. | 0.33% | 102,886 | $14.9M | Add +36.8% |
| ADP Automatic Data Processing | 0.33% | 48,810 | $14.9M | Add +31.1% |
| BMY Bristol-Myers Squibb Co. | 0.32% | 235,060 | $14.3M | Add +27.1% |
| SPGI S&P Global Inc. | 0.31% | 27,430 | $13.9M | Reduce -6.1% |
| DHR Danaher Corp. | 0.31% | 67,370 | $13.8M | Add +13.6% |
| SYK Stryker Corp. | 0.30% | 36,223 | $13.5M | Add +15.7% |
| ELV Elevance Health Inc. | 0.30% | 30,772 | $13.4M | Add +45.4% |
| RTX RTX Corp. | 0.30% | 100,584 | $13.3M | Reduce -17.1% |
| MDT Medtronic PLC | 0.30% | 146,840 | $13.2M | Add +25.5% |
| T AT&T Inc. | 0.29% | 465,104 | $13.2M | Reduce -28.9% |
| CAT Caterpillar Inc. | 0.29% | 39,113 | $12.9M | Reduce -8.2% |
| CB Chubb Ltd. | 0.28% | 41,996 | $12.7M | Add +19.9% |
| CI The Cigna Group | 0.27% | 36,950 | $12.2M | Add +44.8% |
| GS Goldman Sachs Group Inc. | 0.27% | 21,997 | $12.0M | Reduce -23.7% |
| MRSH Marsh & McLennan Cos | 0.27% | 48,771 | $11.9M | Add +8.7% |
| AXP American Express Co. | 0.26% | 43,126 | $11.6M | Reduce -16.9% |
| MCK McKesson Corp. | 0.26% | 16,890 | $11.4M | Add +42.7% |
| LOW Lowe's Cos Inc. | 0.25% | 48,671 | $11.4M | Reduce -6.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.25% | 91,429 | $11.1M | Reduce -11.2% |
| BLK BlackRock Inc. | 0.25% | 11,707 | $11.1M | Reduce -13.4% |
| DE Deere & Co. | 0.25% | 23,548 | $11.1M | Reduce -0.7% |
| TSM Taiwan Semiconductor-SP ADR | 0.25% | 66,240 | $11.0M | Add +27.9% |
| CMCSA Comcast Corp. Class A | 0.25% | 297,448 | $11.0M | Reduce -15.6% |
| CME Cme Group Inc. | 0.25% | 41,362 | $11.0M | Add +25.9% |
| AMT American Tower Corp. | 0.24% | 48,536 | $10.6M | Add +13.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.23% | 249,289 | $10.4M | Reduce -60.9% |
| NEE Nextera Energy Inc. | 0.23% | 145,060 | $10.3M | Reduce -21.4% |
| FTNT Fortinet Inc. | 0.23% | 105,678 | $10.2M | Add +57.1% |
| CVS CVS Health Corp. | 0.23% | 149,783 | $10.1M | Add +30.5% |
| SHW The Sherwin-Williams Co. | 0.23% | 28,928 | $10.1M | Add +32.3% |
| UNP Union Pacific Corp. | 0.22% | 42,294 | $10.0M | Reduce -23.9% |
| ETN Eaton Corp. PLC | 0.22% | 35,747 | $9.7M | Reduce -1.6% |
| SBUX Starbucks Corp. | 0.21% | 97,242 | $9.5M | Reduce -6.0% |
| MCO Moody's Corp. | 0.21% | 19,757 | $9.2M | Add +32.1% |
| ADSK Autodesk Inc. | 0.21% | 35,007 | $9.2M | Add +60.4% |
| EWH iShares MSCI Hong Kong ETF | 0.20% | 504,498 | $8.8M | Reduce -37.3% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.20% | 24,895 | $8.8M | Add +17.2% |
| MDLZ Mondelez International Inc. Class A | 0.20% | 129,032 | $8.8M | Add +5.8% |
| ECL Ecolab Inc. | 0.19% | 33,649 | $8.5M | Add +90.7% |
| MS Morgan Stanley | 0.19% | 72,238 | $8.4M | Reduce -34.8% |
| ADI Analog Devices Inc. | 0.19% | 41,708 | $8.4M | Reduce -8.0% |
| AON Aon PLC Class A | 0.19% | 21,049 | $8.4M | Add +18.0% |
| CL Colgate-Palmolive Co. | 0.19% | 89,481 | $8.4M | Add +26.3% |
| TT Trane Technologies PLC | 0.19% | 24,616 | $8.3M | Add +19.5% |
Portfolio Sells Q4 2024 → Q1 2025
| AMZN Amazon.com Inc. | Reduce -11.7% | 3.28% | −0.78 |
| MSFT Microsoft Corp. | Reduce -5.1% | 5.20% | −0.63 |
| JPM JPMorgan Chase & Co. | Reduce -50.4% | 0.71% | −0.61 |
| MCHI iShares MSCI China ETF | Reduce -54.0% | 0.73% | −0.57 |
| GDX Vaneck Gold Miners ETF | Sold out | 0.00% | −0.43 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -47.3% | 0.76% | −0.40 |
| FXI iShares China Large-Cap ETF | Reduce -85.7% | 0.08% | −0.37 |
| BAC Bank of America Corp. | Reduce -60.9% | 0.23% | −0.36 |
| WFC Wells Fargo & Co. | Reduce -64.7% | 0.18% | −0.29 |
| BA The Boeing Co. | Sold out | 0.00% | −0.25 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.23 |
| TXN Texas Instruments Inc. | Reduce -60.6% | 0.13% | −0.20 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.18 |
| ORCL Oracle Corp. | Reduce -24.7% | 0.36% | −0.18 |
| GEV GE Vernova Inc. | Sold out | 0.00% | −0.18 |
| KLAC KLA Corp. | Sold out | 0.00% | −0.16 |
| PH Parker Hannifin Corp. | Sold out | 0.00% | −0.16 |
| CTAS Cintas Corp. | Sold out | 0.00% | −0.13 |
| APD Air Products & Chemicals Inc. | Sold out | 0.00% | −0.13 |
| AJG Arthur J Gallagher & Co. | Sold out | 0.00% | −0.12 |
| AMP Ameriprise Financial Inc. | Sold out | 0.00% | −0.12 |
| RCL Royal Caribbean Cruises Ltd. | Sold out | 0.00% | −0.12 |
| WMB Williams Cos Inc. | Reduce -84.5% | 0.02% | −0.11 |
| MS Morgan Stanley | Reduce -34.8% | 0.19% | −0.11 |
| UPS United Parcel Service Class B | Reduce -54.9% | 0.07% | −0.10 |
| PNC PNC Financial Services Group | Reduce -64.0% | 0.05% | −0.10 |
| COPX Global X Copper Miners ETF | Sold out | 0.00% | −0.09 |
| KMI Kinder Morgan Inc. | Reduce -85.0% | 0.02% | −0.09 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −0.09 |
| APH Amphenol Corp. Class A | Reduce -56.8% | 0.07% | −0.09 |
| C Citigroup Inc. | Reduce -39.1% | 0.17% | −0.09 |
| WCN Waste Connections Inc. | Sold out | 0.00% | −0.09 |
| PWR Quanta Services Inc. | Sold out | 0.00% | −0.09 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.09 |
| SO The Southern Co. | Reduce -68.3% | 0.05% | −0.09 |
| SCHW Schwab (charles) Corp. | Reduce -44.5% | 0.14% | −0.09 |
| HWM Howmet Aerospace Inc. | Sold out | 0.00% | −0.09 |
| EWH iShares MSCI Hong Kong ETF | Reduce -37.3% | 0.20% | −0.09 |
| GS Goldman Sachs Group Inc. | Reduce -23.7% | 0.27% | −0.08 |
| STZ Constellation Brands Inc. Class A | Sold out | 0.00% | −0.08 |
| TRGP Targa Resources Corp. | Sold out | 0.00% | −0.08 |
| ODFL Old Dominion Freight Line | Sold out | 0.00% | −0.07 |
| INTC Intel Corp. | Reduce -51.7% | 0.10% | −0.07 |
| BX Blackstone Inc. | Reduce -17.1% | 0.17% | −0.07 |
| MTB M & T Bank Corp. | Sold out | 0.00% | −0.07 |
| PEP Pepsico Inc. | Reduce -20.2% | 0.34% | −0.07 |
| WTW Willis Towers Watson PLC | Sold out | 0.00% | −0.07 |
| ICE Intercontinental Exchange Inc. | Reduce -51.4% | 0.10% | −0.07 |
| AXP American Express Co. | Reduce -16.9% | 0.26% | −0.07 |
| MCHP Microchip Technology Inc. | Sold out | 0.00% | −0.07 |
Portfolio Buys Q4 2024 → Q1 2025
| META Meta Platforms Inc. Class A | Add +29.6% | 3.38% | +0.87 |
| UNH Unitedhealth Group Inc. | Add +41.8% | 1.40% | +0.50 |
| JNJ Johnson & Johnson | Add +28.4% | 1.05% | +0.37 |
| NFLX Netflix Inc. | Add +36.1% | 1.12% | +0.37 |
| ABBV Abbvie Inc. | Add +27.9% | 0.97% | +0.36 |
| V Visa Inc. Class A | Add +10.6% | 1.33% | +0.30 |
| AMD Advanced Micro Devices | Add +89.0% | 0.64% | +0.26 |
| PLD Prologis Inc. | Add +99.5% | 0.42% | +0.23 |
| PLTR Palantir Technologies Inc. Class A | Add +44.1% | 0.54% | +0.22 |
| IBM Intl Business Machines Corp. | Add +28.2% | 0.60% | +0.21 |
| LLY Eli Lilly & Co. | Add +4.8% | 1.34% | +0.21 |
| KO The Coca-Cola Co. | Add +16.7% | 0.70% | +0.21 |
| UBER Uber Technologies Inc. | Add +47.8% | 0.42% | +0.20 |
| INTU Intuit Inc. | Add +51.6% | 0.53% | +0.19 |
| GILD Gilead Sciences Inc. | Add +42.6% | 0.41% | +0.18 |
| ROP Roper Technologies Inc. | New | 0.18% | +0.18 |
| REGN Regeneron Pharmaceuticals | New | 0.17% | +0.17 |
| ACN Accenture PLC Class A | Add +47.5% | 0.59% | +0.16 |
| VRTX Vertex Pharmaceuticals Inc. | Add +40.6% | 0.36% | +0.16 |
| AMGN Amgen Inc. | Add +24.8% | 0.43% | +0.16 |
| VZ Verizon Communications Inc. | Add +23.2% | 0.48% | +0.16 |
| ISRG Intuitive Surgical Inc. | Add +40.4% | 0.51% | +0.15 |
| BSX Boston Scientific Corp. | Add +31.5% | 0.40% | +0.14 |
| MA Mastercard Inc. Class A | Add +6.2% | 0.98% | +0.14 |
| QCOM Qualcomm Inc. | Add +33.8% | 0.47% | +0.14 |
| ELV Elevance Health Inc. | Add +45.4% | 0.30% | +0.13 |
| IT Gartner Inc. | New | 0.13% | +0.13 |
| PG The Procter & Gamble Co. | Add +8.7% | 0.89% | +0.13 |
| ADBE Adobe Inc. | Add +46.4% | 0.51% | +0.13 |
| CI The Cigna Group | Add +44.8% | 0.27% | +0.12 |
| CVS CVS Health Corp. | Add +30.5% | 0.23% | +0.12 |
| ABT Abbott Laboratories | Add +5.7% | 0.50% | +0.12 |
| PANW Palo Alto Networks Inc. | Add +50.5% | 0.34% | +0.11 |
| MCK McKesson Corp. | Add +42.7% | 0.26% | +0.11 |
| ECL Ecolab Inc. | Add +90.7% | 0.19% | +0.10 |
| ADP Automatic Data Processing | Add +31.1% | 0.33% | +0.10 |
| WMT Walmart Inc. | Add +10.2% | 0.88% | +0.10 |
| BMY Bristol-Myers Squibb Co. | Add +27.1% | 0.32% | +0.10 |
| PGR Progressive Corp. | Add +9.3% | 0.37% | +0.10 |
| MDT Medtronic PLC | Add +25.5% | 0.30% | +0.10 |
| FTNT Fortinet Inc. | Add +57.1% | 0.23% | +0.09 |
| CSCO Cisco Systems Inc. | Add +8.4% | 0.55% | +0.09 |
| CME Cme Group Inc. | Add +25.9% | 0.25% | +0.08 |
| CB Chubb Ltd. | Add +19.9% | 0.28% | +0.08 |
| PFE Pfizer Inc. | Add +25.7% | 0.37% | +0.08 |
| AMAT Applied Materials Inc. | Add +36.8% | 0.33% | +0.07 |
| PCAR Paccar Inc. | Add +91.2% | 0.15% | +0.07 |
| AMT American Tower Corp. | Add +13.9% | 0.24% | +0.07 |
| SHW The Sherwin-Williams Co. | Add +32.3% | 0.23% | +0.07 |
| ADSK Autodesk Inc. | Add +60.4% | 0.21% | +0.07 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 593 | $7.8B | NVDA, AAPL, SPHY, MSFT, GOOGL |
| Q1 2026 | 581 | $6.1B | NVDA, AAPL, MSFT, GOOGL, AMZN |
| Q4 2025 | 595 | $6.5B | NVDA, AAPL, MSFT, AMZN, XLK |
| Q3 2025 | 614 | $6.1B | NVDA, AAPL, MSFT, META, AMZN |
| Q2 2025 | 626 | $4.9B | NVDA, AAPL, MSFT, META, AMZN |
| Q1 2025 | 615 | $4.5B | AAPL, NVDA, MSFT, META, AMZN |
| Q4 2024 | 525 | $4.7B | AAPL, NVDA, MSFT, AMZN, META |
| Q3 2024 | 473 | $4.7B | AAPL, MSFT, NVDA, IEMG, AMZN |
| Q2 2024 | 470 | $4.3B | MSFT, AAPL, NVDA, IEMG, AMZN |
| Q1 2024 | 469 | $4.3B | MSFT, AAPL, NVDA, IEMG, AMZN |