Ilmarinen Mutual Pension Insurance Co
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 13, 2026), Ilmarinen Mutual Pension Insurance Co reported 445 stock positions worth $14.8 billion. Its top holding was Xtrack MSCI USA Clim Act Eq (USCA) at 17.0% of the portfolio, followed by iShares Climate Conscious (USCL, 17.0%) and Nvidia (NVDA, 4.3%). Compared with Q1 2026, it opened 11 new positions, sold out of 29, added to 86 and reduced 141. The biggest buy was iShares Climate Conscious (USCL, shares +9%) and the biggest sale Exxon Mobil (XOM, shares −10%).
- Most Recent 13F
- Q2 2026
- Location
- HELSINKI, H9
- CIK
- 0001661580
- Portfolio Value
- $14.8B (Q2 2026)
- SEC Filing
- 0001661580-26-000004 ↗ filed Aug 13, 2026
Holdings Value
Holdings 445 stocks · $14.8B
| USCA Xtrack MSCI USA Clim Act Eq | 17.03% | 57,515,806 | $2.5B | Add +9.0% |
| USCL iShares Climate Conscious | 17.02% | 30,263,123 | $2.5B | Add +9.3% |
| NVDA Nvidia Corp. | 4.29% | 3,171,944 | $634.7M | Reduce -0.5% |
| AAPL Apple Inc. | 3.94% | 2,016,311 | $583.4M | Add +6.9% |
| USHY iShares Broad Usd High Yield | 3.53% | 14,110,000 | $522.4M | Add +0.2% |
| GOOGL Alphabet Inc. Class A | 3.42% | 1,415,721 | $505.9M | Add +3.0% |
| SPHY SS SPDR P High Yield ETF | 3.32% | 20,950,000 | $491.1M | Add +2.4% |
| MSFT Microsoft Corp. | 2.43% | 965,714 | $360.2M | Add +2.8% |
| AMZN Amazon.com Inc. | 2.04% | 1,270,000 | $302.7M | Reduce -2.8% |
| AVGO Broadcom Inc. | 1.50% | 586,503 | $221.6M | Add +6.9% |
| IYR iShares US Real Estate ETF | 1.36% | 1,970,051 | $201.4M | Add +21.5% |
| MU Micron Technology Inc. | 1.25% | 160,806 | $185.6M | Add +4.0% |
| META Meta Platforms Inc. Class A | 1.15% | 301,887 | $170.1M | Add +7.5% |
| TSLA Tesla Inc. | 1.03% | 361,000 | $151.8M | Reduce -3.9% |
| JPM JPMorgan Chase & Co. | 0.88% | 399,018 | $130.6M | Add +3.3% |
| LLY Eli Lilly & Co. | 0.86% | 106,300 | $127.5M | Add +3.9% |
| AMD Advanced Micro Devices | 0.85% | 217,777 | $126.5M | Add +7.2% |
| EEM iShares MSCI Emerging Market | 0.71% | 1,542,754 | $105.5M | No change |
| V Visa Inc. Class A | 0.64% | 278,077 | $95.4M | Add +10.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.64% | 188,840 | $94.5M | Reduce -4.3% |
| INTC Intel Corp. | 0.56% | 591,958 | $82.7M | Add +4.0% |
| AMAT Applied Materials Inc. | 0.56% | 114,103 | $82.5M | Add +13.5% |
| JNJ Johnson & Johnson | 0.54% | 315,500 | $80.1M | Add +4.8% |
| LRCX Lam Research Corp. | 0.51% | 175,225 | $75.9M | Add +12.1% |
| XOM Exxon Mobil Corp. | 0.50% | 543,000 | $74.2M | Reduce -9.5% |
| MA Mastercard Inc. Class A | 0.48% | 138,011 | $70.9M | No change |
| CAT Caterpillar Inc. | 0.47% | 65,500 | $69.8M | Reduce -4.8% |
| WMT Walmart Inc. | 0.46% | 604,535 | $68.5M | Reduce -2.7% |
| COST Costco Wholesale Corp. | 0.40% | 63,885 | $59.8M | Reduce -3.2% |
| BAC Bank of America Corp. | 0.40% | 1,042,857 | $59.4M | Reduce -8.7% |
| KLAC KLA Corp. | 0.40% | 196,011 | $59.1M | Add +20.3% |
| CSCO Cisco Systems Inc. | 0.39% | 494,225 | $58.1M | Add +21.0% |
| ABBV Abbvie Inc. | 0.39% | 228,400 | $57.5M | Add +4.0% |
| GE General Electric filed as GE AEROSPACE | 0.37% | 147,500 | $55.1M | Reduce -4.8% |
| KO The Coca-Cola Co. | 0.36% | 662,227 | $53.8M | Reduce -20.4% |
| UNH Unitedhealth Group Inc. | 0.36% | 129,300 | $53.7M | No change |
| MRK Merck & Co. Inc. | 0.32% | 366,500 | $47.1M | No change |
| HD Home Depot Inc. | 0.31% | 130,000 | $45.8M | Reduce -3.0% |
| GEV GE Vernova Inc. | 0.30% | 37,900 | $44.5M | Reduce -5.3% |
| NFLX Netflix Inc. | 0.30% | 617,037 | $44.1M | Add +5.8% |
| MS Morgan Stanley | 0.27% | 191,034 | $39.9M | Add +3.8% |
| PG The Procter & Gamble Co. | 0.26% | 262,155 | $38.4M | Add +52.3% |
| TXN Texas Instruments Inc. | 0.26% | 126,740 | $37.8M | Add +38.7% |
| PANW Palo Alto Networks Inc. | 0.25% | 108,570 | $37.0M | Reduce -1.0% |
| WDC Western Digital Corp. | 0.24% | 55,621 | $35.5M | Reduce -16.7% |
| MRVL Marvell Technology Inc. | 0.23% | 114,925 | $34.2M | Add +9.1% |
| APH Amphenol Corp. Class A | 0.23% | 193,718 | $34.2M | Add +4.1% |
| SCHW Schwab (charles) Corp. | 0.23% | 366,441 | $33.8M | No change |
| CVX Chevron Corp. | 0.23% | 203,000 | $33.6M | New |
| LIN Linde PLC | 0.23% | 64,600 | $33.5M | Add +14.3% |
| ORCL Oracle Corp. | 0.22% | 223,762 | $32.8M | No change |
| PLTR Palantir Technologies Inc. Class A | 0.22% | 279,781 | $32.6M | Add +27.7% |
| STX Seagate Technology Holdings | 0.21% | 32,384 | $31.3M | Reduce -14.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.21% | 109,736 | $30.9M | Add +16.2% |
| ADI Analog Devices Inc. | 0.20% | 74,477 | $29.6M | Add +21.7% |
| TMO Thermo Fisher Scientific Inc. | 0.19% | 55,300 | $27.7M | No change |
| AMGN Amgen Inc. | 0.19% | 75,832 | $27.5M | No change |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.18% | 180,000 | $27.3M | Add +12.2% |
| MRSH Marsh & McLennan Cos | 0.18% | 163,003 | $27.2M | Add +38.1% |
| ANET Arista Networks Inc. | 0.18% | 158,860 | $27.0M | Add +19.1% |
| QCOM Qualcomm Inc. | 0.18% | 144,593 | $26.7M | Add +10.0% |
| ETN Eaton Corp. PLC | 0.18% | 61,515 | $26.2M | Reduce -4.3% |
| GS Goldman Sachs Group Inc. | 0.18% | 25,707 | $26.0M | Reduce -12.9% |
| BLK BlackRock Inc. | 0.17% | 26,897 | $25.9M | Reduce -22.1% |
| DE Deere & Co. | 0.17% | 40,373 | $25.6M | Reduce -13.1% |
| GLW Corning Inc. | 0.17% | 99,995 | $25.5M | No change |
| GILD Gilead Sciences Inc. | 0.17% | 198,000 | $25.0M | No change |
| UNP Union Pacific Corp. | 0.16% | 89,612 | $24.4M | Reduce -15.9% |
| WFC Wells Fargo & Co. | 0.16% | 284,085 | $23.5M | No change |
| MCD McDonald's Corp. | 0.16% | 85,500 | $23.1M | Reduce -10.5% |
| AFL Aflac Inc. | 0.16% | 196,292 | $23.0M | No change |
| CRWD CrowdStrike Holdings Inc. Class A | 0.15% | 30,070 | $22.9M | Add +8.0% |
| CB Chubb Ltd. | 0.15% | 66,628 | $22.7M | No change |
| VZ Verizon Communications Inc. | 0.15% | 531,751 | $22.5M | Add +9.4% |
| SPOT Spotify Technology SA | 0.15% | 48,898 | $22.5M | Add +1.2% |
| C Citigroup Inc. | 0.15% | 159,625 | $22.3M | Reduce -25.6% |
| ISRG Intuitive Surgical Inc. | 0.15% | 54,800 | $21.8M | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.15% | 224,221 | $21.6M | Add +2.5% |
| BNY Bank of New York Mellon Corp. | 0.14% | 142,239 | $20.6M | Reduce -18.7% |
| BA The Boeing Co. | 0.14% | 95,000 | $20.6M | New |
| CRM Salesforce Inc. | 0.13% | 127,068 | $19.9M | Reduce -21.1% |
| PH Parker Hannifin Corp. | 0.13% | 20,046 | $19.6M | Reduce -11.1% |
| UBER Uber Technologies Inc. | 0.13% | 266,075 | $19.2M | Add +8.5% |
| ABT Abbott Laboratories | 0.13% | 211,500 | $19.2M | No change |
| AMP Ameriprise Financial Inc. | 0.13% | 41,551 | $19.1M | No change |
| DHR Danaher Corp. | 0.13% | 99,500 | $19.0M | No change |
| APP AppLovin Corp. Class A | 0.13% | 36,734 | $18.9M | Reduce -20.2% |
| AXP American Express Co. | 0.13% | 55,279 | $18.7M | No change |
| CL Colgate-Palmolive Co. | 0.12% | 200,000 | $18.3M | Reduce -21.6% |
| TT Trane Technologies PLC | 0.12% | 36,920 | $18.1M | No change |
| ORLY O'reilly Automotive Inc. | 0.12% | 195,000 | $18.0M | Add +108.6% |
| MNST Monster Beverage Corp. | 0.12% | 186,580 | $17.9M | Reduce -11.8% |
| T AT&T Inc. | 0.12% | 841,276 | $17.4M | Add +2.4% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.12% | 74,414 | $17.1M | Add +54.7% |
| VRT Vertiv Holdings Co. Class A | 0.11% | 50,500 | $16.9M | Reduce -12.9% |
| DELL Dell Technologies -C | 0.11% | 39,006 | $16.8M | Reduce -0.3% |
| HON Honeywell International Inc. | 0.11% | 75,000 | $16.8M | New |
| VRTX Vertex Pharmaceuticals Inc. | 0.11% | 33,800 | $16.8M | No change |
| COP Conocophillips | 0.11% | 161,000 | $16.7M | Reduce -10.6% |
| MAR Marriott International Class A | 0.11% | 45,000 | $16.7M | Reduce -15.1% |
Portfolio Sells Q1 2026 → Q2 2026
| XOM Exxon Mobil Corp. | Reduce -9.5% | 0.50% | −0.30 |
| NEE Nextera Energy Inc. | Sold out | 0.00% | −0.19 |
| PEP Pepsico Inc. | Reduce -52.3% | 0.10% | −0.17 |
| ICE Intercontinental Exchange Inc. | Sold out | 0.00% | −0.16 |
| WMT Walmart Inc. | Reduce -2.7% | 0.46% | −0.15 |
| KO The Coca-Cola Co. | Reduce -20.4% | 0.36% | −0.13 |
| DUK Duke Energy Corp. | Sold out | 0.00% | −0.13 |
| ACN Accenture PLC Class A | Reduce -32.1% | 0.07% | −0.12 |
| COST Costco Wholesale Corp. | Reduce -3.2% | 0.40% | −0.11 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -4.3% | 0.64% | −0.11 |
| CBOE Cboe Global Markets Inc. | Reduce -71.0% | 0.03% | −0.10 |
| CRM Salesforce Inc. | Reduce -21.1% | 0.13% | −0.10 |
| AMZN Amazon.com Inc. | Reduce -2.8% | 2.04% | −0.10 |
| ADBE Adobe Inc. | Reduce -44.6% | 0.06% | −0.09 |
| BLK BlackRock Inc. | Reduce -22.1% | 0.17% | −0.09 |
| NVDA Nvidia Corp. | Reduce -0.5% | 4.29% | −0.09 |
| INTU Intuit Inc. | Reduce -14.2% | 0.07% | −0.08 |
| MCD McDonald's Corp. | Reduce -10.5% | 0.16% | −0.08 |
| COP Conocophillips | Reduce -10.6% | 0.11% | −0.07 |
| PINS Pinterest Inc. Class A | Sold out | 0.00% | −0.07 |
| TSLA Tesla Inc. | Reduce -3.9% | 1.03% | −0.07 |
| HUBS HubSpot Inc. | Sold out | 0.00% | −0.07 |
| LOW Lowe's Cos Inc. | Reduce -30.1% | 0.09% | −0.07 |
| AEP American Electric Power | Sold out | 0.00% | −0.07 |
| D Dominion Energy Inc. | Sold out | 0.00% | −0.07 |
| RACE Ferrari NV | Sold out | 0.00% | −0.06 |
| NOW ServiceNow Inc. | Reduce -22.3% | 0.11% | −0.06 |
| ROST Ross Stores Inc. | Reduce -41.4% | 0.06% | −0.06 |
| XEL Xcel Energy Inc. | Sold out | 0.00% | −0.06 |
| NKE Nike Inc. Class B | Reduce -43.1% | 0.03% | −0.05 |
| ZTS Zoetis Inc. | Reduce -42.5% | 0.02% | −0.05 |
| CL Colgate-Palmolive Co. | Reduce -21.6% | 0.12% | −0.05 |
| TMUS T-Mobile US Inc. | Reduce -11.5% | 0.07% | −0.05 |
| AZO AutoZone Inc. | Sold out | 0.00% | −0.05 |
| EOG EOG Resources Inc. | Reduce -28.7% | 0.05% | −0.04 |
| KR Kroger Co. | Sold out | 0.00% | −0.04 |
| MCK McKesson Corp. | Reduce -7.5% | 0.09% | −0.04 |
| ULTA Ulta Beauty Inc. | Reduce -49.7% | 0.02% | −0.04 |
| C Citigroup Inc. | Reduce -25.6% | 0.15% | −0.04 |
| FDX FedEx Corp. | Reduce -20.0% | 0.06% | −0.04 |
| UNP Union Pacific Corp. | Reduce -15.9% | 0.16% | −0.04 |
| WM Waste Management Inc. | Reduce -12.9% | 0.10% | −0.04 |
| HD Home Depot Inc. | Reduce -3.0% | 0.31% | −0.04 |
| BAC Bank of America Corp. | Reduce -8.7% | 0.40% | −0.04 |
| PLD Prologis Inc. | Reduce -41.7% | 0.04% | −0.04 |
| DD Dupont DE Nemours Inc. | Reduce -70.6% | 0.01% | −0.03 |
| DE Deere & Co. | Reduce -13.1% | 0.17% | −0.03 |
| BKNG Booking Holdings Inc. | Reduce -16.5% | 0.10% | −0.03 |
| EXE Expand Energy Corp. | Sold out | 0.00% | −0.03 |
| BMY Bristol-Myers Squibb Co. | Reduce -7.1% | 0.10% | −0.03 |
Portfolio Buys Q1 2026 → Q2 2026
| USCL iShares Climate Conscious | Add +9.3% | 17.02% | +0.86 |
| MU Micron Technology Inc. | Add +4.0% | 1.25% | +0.84 |
| USCA Xtrack MSCI USA Clim Act Eq | Add +9.0% | 17.03% | +0.83 |
| AMD Advanced Micro Devices | Add +7.2% | 0.85% | +0.53 |
| INTC Intel Corp. | Add +4.0% | 0.56% | +0.36 |
| GOOGL Alphabet Inc. Class A | Add +3.0% | 3.42% | +0.31 |
| AMAT Applied Materials Inc. | Add +13.5% | 0.56% | +0.29 |
| LRCX Lam Research Corp. | Add +12.1% | 0.51% | +0.25 |
| CVX Chevron Corp. | New | 0.23% | +0.23 |
| KLAC KLA Corp. | Add +20.3% | 0.40% | +0.21 |
| AAPL Apple Inc. | Add +6.9% | 3.94% | +0.17 |
| AVGO Broadcom Inc. | Add +6.9% | 1.50% | +0.16 |
| IYR iShares US Real Estate ETF | Add +21.5% | 1.36% | +0.15 |
| MRVL Marvell Technology Inc. | Add +9.1% | 0.23% | +0.15 |
| CSCO Cisco Systems Inc. | Add +21.0% | 0.39% | +0.14 |
| BA The Boeing Co. | New | 0.14% | +0.14 |
| LLY Eli Lilly & Co. | Add +3.9% | 0.86% | +0.12 |
| TXN Texas Instruments Inc. | Add +38.7% | 0.26% | +0.12 |
| HON Honeywell International Inc. | New | 0.11% | +0.11 |
| WMB Williams Cos Inc. | New | 0.08% | +0.08 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +8.0% | 0.15% | +0.07 |
| NBIS Nebius Group NV | Add +8.9% | 0.11% | +0.07 |
| PG The Procter & Gamble Co. | Add +52.3% | 0.26% | +0.06 |
| CRDO Credo Technology Group Holdi | Add +57.8% | 0.07% | +0.06 |
| ANET Arista Networks Inc. | Add +19.1% | 0.18% | +0.05 |
| ORLY O'reilly Automotive Inc. | Add +108.6% | 0.12% | +0.05 |
| DDOG Datadog Inc. Class A | Add +74.0% | 0.07% | +0.05 |
| KDP Keurig Dr Pepper Inc. | Add +87.5% | 0.10% | +0.05 |
| QCOM Qualcomm Inc. | Add +10.0% | 0.18% | +0.05 |
| ADI Analog Devices Inc. | Add +21.7% | 0.20% | +0.05 |
| APH Amphenol Corp. Class A | Add +4.1% | 0.23% | +0.05 |
| V Visa Inc. Class A | Add +10.2% | 0.64% | +0.04 |
| SNOW Snowflake Inc. | Add +44.0% | 0.08% | +0.04 |
| ALAB Astera Labs Inc. | Add +24.3% | 0.05% | +0.04 |
| FTNT Fortinet Inc. | Add +45.8% | 0.07% | +0.04 |
| FLNG Flex LNG Ltd. | New | 0.04% | +0.04 |
| CVS CVS Health Corp. | Add +24.3% | 0.10% | +0.04 |
| CDNS Cadence Design SYS Inc. | Add +29.4% | 0.10% | +0.03 |
| AJG Arthur J Gallagher & Co. | Add +54.7% | 0.12% | +0.03 |
| CCL Carnival Corp. | New | 0.03% | +0.03 |
| MS Morgan Stanley | Add +3.8% | 0.27% | +0.03 |
| IBM Intl Business Machines Corp. | Add +16.2% | 0.21% | +0.03 |
| TER Teradyne Inc. | Add +10.7% | 0.07% | +0.02 |
| INVH Invitation Homes Inc. | Add +105.0% | 0.04% | +0.02 |
| MRSH Marsh & McLennan Cos | Add +38.1% | 0.18% | +0.02 |
| HUM Humana Inc. | Add +116.0% | 0.03% | +0.02 |
| ABNB Airbnb Inc. Class A | Add +38.9% | 0.08% | +0.02 |
| HPE Hewlett Packard Enterprise | Add +24.9% | 0.04% | +0.02 |
| RDDT Reddit Inc. Class A | Add +196.1% | 0.03% | +0.02 |
| FN Fabrinet | New | 0.02% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 445 | $14.8B | USCA, USCL, NVDA, AAPL, USHY |
| Q1 2026 | 462 | $12.7B | USCA, USCL, NVDA, USHY, AAPL |
| Q4 2025 | 331 | $12.5B | USCL, USCA, SPHY, USHY, NVDA |
| Q3 2025 | 303 | $13.3B | USCL, USCA, SPHY, USHY, NVDA |
| Q2 2025 | 295 | $12.4B | USCL, USCA, SPHY, USHY, NVDA |
| Q1 2025 | 301 | $11.3B | USCL, USCA, SPHY, USHY, AAPL |
| Q4 2024 | 293 | $11.7B | USCL, USCA, SPHY, USHY, AAPL |
| Q3 2024 | 271 | $9.2B | USCL, USCA, SJNK, NVDA, AAPL |
| Q2 2024 | 273 | $8.6B | USCL, USCA, SJNK, NVDA, MSFT |
| Q1 2024 | 265 | $8.2B | USCL, USCA, SJNK, NVDA, AMZN |