Ilmarinen Mutual Pension Insurance Co

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Ilmarinen Mutual Pension Insurance Co reported 303 stock positions worth $13.3 billion. Its top holding was iShares Climate Conscious (USCL) at 19.7% of the portfolio, followed by Xtrack MSCI USA Clim Act Eq (USCA, 19.6%) and SS SPDR P High Yield ETF (SPHY, 5.3%). Compared with Q2 2025, it opened 16 new positions, sold out of 8, added to 72 and reduced 66. The biggest buy was Alphabet Class A (GOOGL, shares +3%) and the biggest sale Meta Platforms Class A (META, shares −2%).

Most Recent 13F
Q2 2026
Location
HELSINKI, H9
CIK
0001661580
Portfolio Value
$13.3B (Q3 2025)
SEC Filing
0001661580-25-000008 ↗ filed Nov 13, 2025

Holdings Value

0$5.0B$10.0B$15.0B Q1 2024: $8.2B Q1 2024 Q2 2024: $8.6B Q2 2024 Q3 2024: $9.2B Q3 2024 Q4 2024: $11.7B Q4 2024 Q1 2025: $11.3B Q1 2025 Q2 2025: $12.4B Q2 2025 Q3 2025: $13.3B $13.3B Q3 2025 Q4 2025: $12.5B Q4 2025 Q1 2026: $12.7B Q1 2026 Q2 2026: $14.8B Q2 2026

Holdings 303 stocks · $13.3B
USCL iShares Climate Conscious 19.66% 33,480,268 $2.6B Add +1.5%
USCA Xtrack MSCI USA Clim Act Eq 19.59% 63,394,611 $2.6B Add +1.4%
SPHY SS SPDR P High Yield ETF 5.33% 29,650,000 $709.8M Add +5.0%
USHY iShares Broad Usd High Yield 4.94% 17,430,000 $658.5M Add +2.0%
NVDA Nvidia Corp. 3.85% 2,750,147 $513.1M Add +1.0%
MSFT Microsoft Corp. 3.08% 793,498 $411.0M Add +0.8%
GOOGL Alphabet Inc. Class A 3.04% 1,665,197 $404.8M Add +3.1%
AMZN Amazon.com Inc. 2.18% 1,323,716 $290.6M Add +1.0%
META Meta Platforms Inc. Class A 1.97% 357,434 $262.5M Reduce -1.9%
TSLA Tesla Inc. 1.55% 465,000 $206.8M Add +3.5%
JPM JPMorgan Chase & Co. 1.08% 457,869 $144.4M No change
IYR iShares US Real Estate ETF 0.95% 1,302,977 $126.5M Add +52.4%
ORCL Oracle Corp. 0.83% 392,587 $110.4M Add +2.9%
V Visa Inc. Class A 0.81% 317,660 $108.4M No change
LLY Eli Lilly & Co. 0.79% 138,100 $105.4M Reduce -4.2%
MA Mastercard Inc. Class A 0.71% 166,025 $94.4M No change
XOM Exxon Mobil Corp. 0.65% 765,000 $86.3M No change
NFLX Netflix Inc. 0.62% 68,432 $82.0M Add +0.6%
PLTR Palantir Technologies Inc. Class A 0.59% 434,591 $79.3M Reduce -5.2%
JNJ Johnson & Johnson 0.57% 409,100 $75.9M Reduce -3.2%
WMT Walmart Inc. 0.56% 729,000 $75.1M Reduce -0.1%
HD Home Depot Inc. 0.53% 175,096 $70.9M Reduce -0.6%
PG The Procter & Gamble Co. 0.52% 448,500 $68.9M Reduce -0.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.51% 1,305,620 $67.4M Reduce -2.3%
ABBV Abbvie Inc. 0.50% 287,500 $66.6M Reduce -7.7%
UNH Unitedhealth Group Inc. 0.47% 180,600 $62.4M No change
CRM Salesforce Inc. 0.46% 260,519 $61.7M Add +27.1%
CSCO Cisco Systems Inc. 0.42% 824,820 $56.4M Reduce -1.2%
AMD Advanced Micro Devices 0.41% 336,905 $54.5M Reduce -0.5%
KO The Coca-Cola Co. 0.40% 805,000 $53.4M Reduce -3.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.40% 187,736 $53.0M Reduce -7.4%
CVX Chevron Corp. 0.39% 336,325 $52.2M Add +20.8%
BLK BlackRock Inc. 0.38% 43,553 $50.8M Reduce -8.6%
NOW ServiceNow Inc. 0.33% 48,458 $44.6M Reduce -0.7%
INTU Intuit Inc. 0.33% 63,552 $43.4M Add +3.6%
ADBE Adobe Inc. 0.32% 121,735 $42.9M Add +25.6%
ACN Accenture PLC Class A 0.32% 173,932 $42.9M Add +30.3%
PGR Progressive Corp. 0.32% 172,395 $42.6M Add +23.7%
MCD McDonald's Corp. 0.32% 138,397 $42.1M No change
ABT Abbott Laboratories 0.31% 307,500 $41.2M No change
QCOM Qualcomm Inc. 0.29% 230,718 $38.4M Reduce -1.0%
MRSH Marsh & McLennan Cos 0.27% 181,600 $36.6M Add +0.6%
MRK Merck & Co. Inc. 0.27% 433,000 $36.3M No change
MS Morgan Stanley 0.27% 223,984 $35.6M Reduce -8.6%
PEP Pepsico Inc. 0.26% 245,000 $34.4M Add +38.8%
CAT Caterpillar Inc. 0.25% 70,800 $33.8M Reduce -18.6%
WFC Wells Fargo & Co. 0.25% 396,500 $33.2M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.25% 289,853 $33.2M Add +1.7%
ETN Eaton Corp. PLC 0.25% 88,600 $33.2M Add +3.5%
TMO Thermo Fisher Scientific Inc. 0.24% 67,300 $32.6M Reduce -4.9%
MCK McKesson Corp. 0.23% 40,428 $31.2M No change
UBER Uber Technologies Inc. 0.22% 303,044 $29.7M Add +4.5%
T AT&T Inc. 0.22% 1,049,828 $29.6M Reduce -20.8%
NEE Nextera Energy Inc. 0.22% 390,356 $29.5M Reduce -13.3%
PANW Palo Alto Networks Inc. 0.21% 138,177 $28.1M Reduce -4.4%
BKNG Booking Holdings Inc. 0.21% 5,150 $27.8M No change
AMGN Amgen Inc. 0.20% 94,000 $26.5M No change
SNPS Synopsys Inc. 0.19% 52,299 $25.8M Add +28.4%
BSX Boston Scientific Corp. 0.19% 263,000 $25.7M No change
GS Goldman Sachs Group Inc. 0.19% 32,209 $25.6M Reduce -27.1%
ADI Analog Devices Inc. 0.19% 102,644 $25.2M Reduce -5.0%
VZ Verizon Communications Inc. 0.19% 573,790 $25.2M Reduce -16.1%
ICE Intercontinental Exchange Inc. 0.19% 147,800 $24.9M No change
CME Cme Group Inc. 0.18% 91,111 $24.6M Reduce -2.7%
SO The Southern Co. 0.18% 259,000 $24.5M Add +13.6%
CB Chubb Ltd. 0.18% 85,371 $24.1M No change
DHR Danaher Corp. 0.18% 121,500 $24.1M Reduce -6.2%
GILD Gilead Sciences Inc. 0.18% 216,000 $24.0M No change
TMUS T-Mobile US Inc. 0.18% 99,360 $23.8M Reduce -8.7%
CRWD CrowdStrike Holdings Inc. Class A 0.18% 48,272 $23.7M Reduce -1.5%
DE Deere & Co. 0.18% 51,297 $23.5M Add +27.6%
PFE Pfizer Inc. 0.17% 887,000 $22.6M Reduce -9.7%
SCHW Schwab (charles) Corp. 0.17% 235,471 $22.5M Add +0.6%
WDAY Workday Inc. Class A 0.17% 93,049 $22.4M Add +41.6%
DUK Duke Energy Corp. 0.16% 175,000 $21.7M Add +6.1%
UNP Union Pacific Corp. 0.16% 91,500 $21.6M Add +4.6%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.16% 68,100 $21.1M No change
EMR Emerson Electric Co. 0.15% 154,250 $20.2M Add +9.8%
ADP Automatic Data Processing 0.15% 67,000 $19.7M Add +1.5%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.14% 175,000 $19.1M Reduce -16.7%
CTAS Cintas Corp. 0.14% 92,800 $19.0M Add +15.6%
CMCSA Comcast Corp. Class A 0.14% 598,749 $18.8M Add +5.3%
C Citigroup Inc. 0.14% 185,000 $18.8M Reduce -24.8%
SBUX Starbucks Corp. 0.14% 221,533 $18.7M No change
CDNS Cadence Design SYS Inc. 0.14% 52,621 $18.5M Reduce -8.5%
CEG Constellation Energy 0.14% 55,500 $18.3M Add +4.7%
CRH CRH PLC 0.14% 150,000 $18.0M No change
MELI MercadoLibre Inc. 0.13% 7,450 $17.4M No change
LIN Linde PLC 0.12% 34,870 $16.6M No change
MRVL Marvell Technology Inc. 0.12% 193,436 $16.3M Add +10.2%
BMY Bristol-Myers Squibb Co. 0.12% 352,500 $15.9M No change
TT Trane Technologies PLC 0.12% 37,500 $15.8M Add +41.5%
DASH DoorDash Inc. Class A 0.12% 58,000 $15.8M No change
AFL Aflac Inc. 0.12% 140,317 $15.7M No change
AXP American Express Co. 0.12% 47,000 $15.6M No change
XEL Xcel Energy Inc. 0.12% 191,500 $15.4M Add +19.3%
VRTX Vertex Pharmaceuticals Inc. 0.11% 38,800 $15.2M Reduce -13.4%
ECL Ecolab Inc. 0.11% 55,200 $15.1M No change
ELV Elevance Health Inc. 0.11% 46,600 $15.1M Add +22.3%
ISRG Intuitive Surgical Inc. 0.11% 33,300 $14.9M No change
WM Waste Management Inc. 0.11% 67,000 $14.8M Add +3.1%
SNOW Snowflake Inc. 0.11% 64,940 $14.6M Add +10.1%
MMM 3M Co. 0.11% 94,309 $14.6M Reduce -14.5%
HOOD Robinhood Markets Inc. Class A 0.11% 102,000 $14.6M No change
NKE Nike Inc. Class B 0.11% 206,646 $14.4M No change
CCEP Coca-Cola Europacific Partne 0.11% 155,000 $14.0M Reduce -3.1%
ADSK Autodesk Inc. 0.10% 43,588 $13.8M Reduce -0.9%
RCL Royal Caribbean Cruises Ltd. 0.10% 42,000 $13.6M Add +3.7%
NET Cloudflare Inc. Class A 0.10% 63,000 $13.5M No change
STT State Street Corp. 0.10% 113,800 $13.2M No change
FTNT Fortinet Inc. 0.10% 156,860 $13.2M Add +14.1%
SPGI S&P Global Inc. 0.10% 27,064 $13.2M No change
MDLZ Mondelez International Inc. Class A 0.10% 210,500 $13.2M Reduce -20.6%
ZTS Zoetis Inc. 0.09% 83,000 $12.1M No change
NEM Newmont Corp. 0.09% 142,000 $12.0M No change
JCI Johnson Controls Internation 0.09% 108,750 $12.0M Add +4.6%
MFC Manulife Financial Corp. 0.09% 365,000 $11.4M No change
FISV Fiserv Inc. 0.08% 85,000 $11.0M No change
AER Aercap Holdings NV 0.08% 89,000 $10.8M Add +36.9%
SHW The Sherwin-Williams Co. 0.08% 31,000 $10.7M No change
TSM Taiwan Semiconductor-SP ADR 0.08% 38,150 $10.7M No change
CSX CSX Corp. 0.08% 299,500 $10.6M Reduce -1.5%
KMI Kinder Morgan Inc. 0.08% 370,000 $10.5M Reduce -13.9%
NSC Norfolk Southern Corp. 0.08% 34,750 $10.4M Reduce -4.8%
CBOE Cboe Global Markets Inc. 0.08% 42,300 $10.4M No change
PWR Quanta Services Inc. 0.08% 24,800 $10.3M Add +4.6%
UPS United Parcel Service Class B 0.08% 123,000 $10.3M Add +59.7%
HLT Hilton Worldwide Holdings Inc. 0.07% 38,500 $10.0M No change
ROP Roper Technologies Inc. 0.07% 20,000 $10.0M No change
EEM iShares MSCI Emerging Market 0.07% 186,673 $10.0M Add +201.5%
EXC Exelon Corp. 0.07% 218,000 $9.8M Add +32.1%
CMI Cummins Inc. 0.07% 23,100 $9.8M Reduce -5.7%
GM General Motors Co. 0.07% 160,000 $9.8M No change
MAR Marriott International Class A 0.07% 37,000 $9.6M No change
ALNY Alnylam Pharmaceuticals Inc. 0.07% 21,000 $9.6M No change
VEEV Veeva Systems Inc. Class A 0.07% 31,533 $9.4M No change
DELL Dell Technologies -C 0.07% 65,401 $9.3M Reduce -3.8%
XBI SS SPDR S&P Biotech ETF 0.07% 90,329 $9.1M No change
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.07% 260,185 $8.9M Add +19.0%
VRT Vertiv Holdings Co. Class A 0.07% 58,000 $8.8M Add +23.4%
ABNB Airbnb Inc. Class A 0.07% 72,000 $8.7M No change
PCAR Paccar Inc. 0.06% 88,000 $8.7M Reduce -4.9%
FDX FedEx Corp. 0.06% 36,250 $8.5M Add +202.1%
DDOG Datadog Inc. Class A 0.06% 60,000 $8.5M No change
RSG Republic Services Inc. 0.06% 37,000 $8.5M Reduce -35.6%
CTSH Cognizant Tech Solutions-A 0.06% 125,700 $8.4M No change
CMG Chipotle Mexican Grill Inc. 0.06% 215,000 $8.4M No change
TSCO Tractor Supply Company 0.06% 147,525 $8.4M No change
REGN Regeneron Pharmaceuticals 0.06% 14,900 $8.4M No change
PLD Prologis Inc. 0.06% 72,000 $8.2M No change
XYZ Block Inc. 0.06% 110,000 $8.0M No change
BKR Baker Hughes Co. 0.06% 162,500 $7.9M No change
HUBS HubSpot Inc. 0.06% 16,879 $7.9M Add +56.3%
CARR Carrier Global Corp. 0.06% 129,300 $7.7M Add +1.0%
MKC McCormick & Co.-Non VTG SHRS 0.06% 115,000 $7.7M Add +4.5%
WCN Waste Connections Inc. 0.06% 43,500 $7.6M Reduce -44.6%
GOOG Alphabet Inc. Class C 0.06% 30,708 $7.5M Add +22.8%
BDX Becton Dickinson and Co. 0.06% 39,500 $7.4M Reduce -21.0%
AME Ametek Inc. 0.06% 39,000 $7.3M Add +77.3%
FLUT Flutter Entertainment PLC-Di 0.05% 28,000 $7.1M No change
EOG EOG Resources Inc. 0.05% 62,500 $7.0M Add +111.9%
PYPL PayPal Holdings Inc. 0.05% 103,270 $6.9M No change
PAYX Paychex Inc. 0.05% 54,500 $6.9M Add +28.2%
CL Colgate-Palmolive Co. 0.05% 86,000 $6.9M Reduce -39.4%
YUM Yum! Brands Inc. 0.05% 45,000 $6.8M No change
EBAY eBay Inc. 0.05% 75,000 $6.8M No change
IDXX Idexx Laboratories Inc. 0.05% 10,600 $6.8M Add +51.4%
PEG Public Service Enterprise GP 0.05% 81,000 $6.8M No change
HPE Hewlett Packard Enterprise 0.05% 270,000 $6.6M No change
VMC Vulcan Materials Co. 0.05% 21,500 $6.6M No change
ROK Rockwell Automation Inc. 0.05% 18,900 $6.6M Reduce -0.5%
EQT Eqt Corp. 0.05% 120,000 $6.5M Reduce -9.4%
HSY The Hershey Co. 0.05% 33,500 $6.3M New
XYL Xylem Inc. 0.05% 40,750 $6.0M Add +69.8%
FIS Fidelity National Info Serv 0.04% 91,000 $6.0M No change
ZS Zscaler Inc. 0.04% 19,960 $6.0M Reduce -2.6%
VRSK Verisk Analytics Inc. 0.04% 23,500 $5.9M Reduce -9.6%
IT Gartner Inc. 0.04% 22,477 $5.9M Add +40.5%
D Dominion Energy Inc. 0.04% 96,500 $5.9M Add +13.5%
WAB Wabtec Corp. 0.04% 28,700 $5.8M New
SPG Simon Property Group Inc. 0.04% 30,100 $5.6M No change
DLR Digital Realty Trust Inc. 0.04% 32,600 $5.6M No change
TEAM Atlassian Corp. Class A 0.04% 35,000 $5.6M No change
PRU Prudential Financial Inc. 0.04% 53,798 $5.6M No change
IR Ingersoll-Rand Inc. 0.04% 67,500 $5.6M Reduce -21.5%
AMT American Tower Corp. 0.04% 28,949 $5.6M No change
MNST Monster Beverage Corp. 0.04% 82,435 $5.5M No change
GDDY GoDaddy Inc. Class A 0.04% 40,333 $5.5M Add +30.1%
OKE Oneok Inc. 0.04% 75,000 $5.5M Reduce -20.2%
TGT Target Corp. 0.04% 61,000 $5.5M Add +5.2%
USB US Bancorp 0.04% 113,000 $5.5M No change
AON Aon PLC Class A 0.04% 15,272 $5.4M No change
EFX Equifax Inc. 0.04% 20,750 $5.3M New
SW Smurfit Westrock PLC 0.04% 125,046 $5.3M No change
EW Edwards Lifesciences Corp. 0.04% 66,000 $5.1M No change
PPG PPG Industries Inc. 0.04% 48,500 $5.1M No change
XLV SS Health Care Select Sector 0.04% 36,515 $5.1M New
DD Dupont DE Nemours Inc. 0.04% 65,000 $5.1M No change
BN Brookfield Corp. 0.04% 71,000 $4.9M Reduce -32.4%
EQIX Equinix Inc. 0.04% 6,200 $4.9M No change
PTC PTC Inc. 0.04% 23,755 $4.8M Reduce -6.8%
BR Broadridge Financial Solutio 0.03% 19,500 $4.6M New
WELL Welltower Inc. 0.03% 25,500 $4.5M No change
PINS Pinterest Inc. Class A 0.03% 139,569 $4.5M Add +46.9%
ODFL Old Dominion Freight Line 0.03% 31,800 $4.5M Add +59.0%
VLTO Veralto Corp. 0.03% 41,500 $4.4M Add +72.9%
CTVA Corteva Inc. 0.03% 65,000 $4.4M No change
NTES Netease Inc.-ADR 0.03% 27,452 $4.2M No change
ES Eversource Energy 0.03% 58,500 $4.2M New
VLO Valero Energy Corp. 0.03% 24,308 $4.1M No change
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 0.03% 63,600 $4.1M No change
ULTA Ulta Beauty Inc. 0.03% 7,500 $4.1M No change
DKS Dick's Sporting Goods Inc. 0.03% 17,850 $4.0M No change
FAST Fastenal Co. 0.03% 80,706 $4.0M No change
WSM Williams-Sonoma Inc. 0.03% 20,000 $3.9M No change
TRMB Trimble Inc. 0.03% 47,723 $3.9M Reduce -8.2%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.03% 4,079 $3.9M No change
DOV Dover Corp. 0.03% 23,000 $3.8M Add +53.3%
MLM Martin Marietta Materials 0.03% 6,000 $3.8M No change
MAC The Macerich Co. 0.03% 203,500 $3.7M No change
RY Royal Bank of Canada 0.03% 25,143 $3.7M No change
AVB Avalonbay Communities Inc. 0.03% 18,500 $3.6M No change
EIX Edison International 0.03% 62,000 $3.4M No change
BXP BXP Inc. 0.03% 45,430 $3.4M No change
BIIB Biogen Inc. 0.03% 24,000 $3.4M No change
SMCI Super Micro Computer Inc. 0.03% 70,000 $3.4M Reduce -36.4%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO 0.02% 41,508 $3.3M No change
NI Nisource Inc. 0.02% 76,000 $3.3M Reduce -55.7%
O Realty Income Corp. 0.02% 54,000 $3.3M No change
LVS Las Vegas Sands Corp. 0.02% 60,000 $3.2M No change
PSA Public Storage 0.02% 11,000 $3.2M No change
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.02% 23,701 $3.1M No change
FCX Freeport-McMoran Inc. 0.02% 78,000 $3.1M No change
SRE Sempra 0.02% 34,000 $3.1M Add +17.2%
LULU Lululemon Athletica Inc. 0.02% 17,000 $3.0M No change
TXN Texas Instruments Inc. 0.02% 16,285 $3.0M No change
RVTY Revvity Inc. 0.02% 34,000 $3.0M No change
INVH Invitation Homes Inc. 0.02% 101,000 $3.0M No change
A Agilent Technologies Inc. 0.02% 23,000 $3.0M No change
DECK Deckers Outdoor Corp. 0.02% 29,000 $2.9M No change
CHKP Check Point Software Tech 0.02% 14,172 $2.9M No change
OKTA Okta Inc. 0.02% 31,375 $2.9M Reduce -10.4%
LII Lennox International Inc. 0.02% 5,400 $2.9M Reduce -39.3%
IQV Iqvia Holdings Inc. 0.02% 15,000 $2.8M No change
J Jacobs Solutions Inc. 0.02% 19,000 $2.8M New
GEN Gen Digital Inc. 0.02% 100,021 $2.8M Reduce -9.9%
AMG Affiliated Managers Group 0.02% 11,745 $2.8M No change
FTV Fortive Corp. 0.02% 56,750 $2.8M New
UDR Udr Inc. 0.02% 74,000 $2.8M No change
TWLO Twilio Inc. Class A 0.02% 27,533 $2.8M Reduce -8.2%
TD Toronto-Dominion Bank 0.02% 34,383 $2.7M No change
DOCU Docusign Inc. 0.02% 38,097 $2.7M Reduce -14.4%
ACM Aecom 0.02% 21,000 $2.7M New
TRU Transunion 0.02% 32,500 $2.7M New
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.02% 30,000 $2.6M Add +11.1%
BF.B Brown-Forman Corp. Class B 0.02% 91,681 $2.5M No change
HUM Humana Inc. 0.02% 9,500 $2.5M No change
CSL Carlisle Cos Inc. 0.02% 7,250 $2.4M New
CUZ Cousins Properties Inc. 0.02% 81,500 $2.4M No change
KRC Kilroy Realty Corp. 0.02% 55,000 $2.3M No change
GLPI Gaming and Leisure Propertie 0.02% 48,000 $2.2M No change
HIW Highwoods Properties Inc. 0.02% 70,000 $2.2M No change
ROST Ross Stores Inc. 0.02% 14,446 $2.2M No change
EXPD Expeditors Intl Wash Inc. 0.02% 17,898 $2.2M No change
ILMN Illumina Inc. 0.02% 22,000 $2.1M Add +144.4%
BAH Booz Allen Hamilton Holdings 0.02% 20,750 $2.1M New
IEX Idex Corp. 0.02% 12,500 $2.0M New
EXR Extra Space Storage Inc. 0.01% 13,700 $1.9M No change
VTR Ventas Inc. 0.01% 27,000 $1.9M No change
FWONK Liberty Media Corp. Class C 0.01% 17,779 $1.9M Reduce -46.1%
FTI Technipfmc PLC 0.01% 47,040 $1.9M No change
KIM Kimco Realty Corp. 0.01% 84,500 $1.8M No change
PAYC Paycom Software Inc. 0.01% 8,700 $1.8M New
KMB Kimberly-Clark Corp. 0.01% 14,000 $1.7M New
BSY Bentley Systems Inc. Class B 0.01% 33,500 $1.7M No change
CHRW C.H. Robinson Worldwide Inc. 0.01% 12,937 $1.7M No change
BBY Best Buy Co. Inc. 0.01% 22,211 $1.7M No change
ARE Alexandria Real Estate Equit 0.01% 18,700 $1.6M No change
ELS Equity Lifestyle Properties 0.01% 25,000 $1.5M New
REXR Rexford Industrial Realty Inc. 0.01% 34,000 $1.4M No change
JXN Jackson Financial Inc. Class A 0.01% 13,638 $1.4M No change
SBRA Sabra Health Care REIT Inc. 0.01% 70,000 $1.3M No change
VNO Vornado Realty Trust 0.01% 32,000 $1.3M No change
DLTR Dollar Tree Inc. 0.01% 12,282 $1.2M No change
OHI Omega Healthcare Investors 0.01% 25,000 $1.1M No change
H Hyatt Hotels Corp. Class A 0.01% 7,000 $994K No change
MPT Medical Properties Trust Inc. 0.01% 168,900 $856K No change
HST Host Hotels & Resorts Inc. 0.01% 50,000 $851K No change
PDM Piedmont Realty Trust Inc. 0.01% 86,000 $774K No change
HAL Halliburton Co. 0.01% 30,744 $756K Reduce -56.5%
RLJ RLJ Lodging Trust 0.01% 100,000 $720K No change
JBGS JBG Smith Properties 0.01% 32,000 $712K No change
COLD Americold Realty Trust Inc. 0.01% 55,000 $673K No change
PII Polaris Inc. 0.01% 11,506 $669K No change
RHI Robert Half Inc. 0.01% 19,432 $660K No change
SLG SL Green Realty Corp. 0.00% 11,000 $658K No change
SAFE Safehold Inc. 0.00% 40,000 $620K No change
ESS Essex Property Trust Inc. 0.00% 2,000 $535K No change
HUDSON PAC PPTYS INC 0.00% 163,000 $450K No change
EPR Epr Properties filed as EPR PPTYS 0.00% 7,500 $435K No change
AAP Advance Auto Parts Inc. 0.00% 5,603 $344K No change
PK Park Hotels & Resorts Inc. 0.00% 20,000 $222K No change
APLE Apple Hospitality REIT Inc. 0.00% 15,000 $180K No change

Portfolio Sells Q2 2025 → Q3 2025
META Meta Platforms Inc. Class A Reduce -1.9% 1.97% −0.19
LLY Eli Lilly & Co. Reduce -4.2% 0.79% −0.11
KDP Keurig Dr Pepper Inc. Sold out 0.00% −0.10
T AT&T Inc. Reduce -20.8% 0.22% −0.09
IBM Intl Business Machines Corp. Reduce -7.4% 0.40% −0.08
KO The Coca-Cola Co. Reduce -3.1% 0.40% −0.07
NOW ServiceNow Inc. Reduce -0.7% 0.33% −0.07
PG The Procter & Gamble Co. Reduce -0.6% 0.52% −0.06
WCN Waste Connections Inc. Reduce -44.6% 0.06% −0.06
HES Hess Corp. Sold out 0.00% −0.06
GS Goldman Sachs Group Inc. Reduce -27.1% 0.19% −0.06
CL Colgate-Palmolive Co. Reduce -39.4% 0.05% −0.05
IWM iShares Russell 2000 ETF Sold out 0.00% −0.05
ANSS Ansys Inc. Sold out 0.00% −0.05
RSG Republic Services Inc. Reduce -35.6% 0.06% −0.05
VZ Verizon Communications Inc. Reduce -16.1% 0.19% −0.05
FANG Diamondback Energy Inc. Sold out 0.00% −0.05
VRTX Vertex Pharmaceuticals Inc. Reduce -13.4% 0.11% −0.05
MDLZ Mondelez International Inc. Class A Reduce -20.6% 0.10% −0.04
CSCO Cisco Systems Inc. Reduce -1.2% 0.42% −0.04
NI Nisource Inc. Reduce -55.7% 0.02% −0.03
NEE Nextera Energy Inc. Reduce -13.3% 0.22% −0.03
TMUS T-Mobile US Inc. Reduce -8.7% 0.18% −0.03
C Citigroup Inc. Reduce -24.8% 0.14% −0.03
PANW Palo Alto Networks Inc. Reduce -4.4% 0.21% −0.03
MMM 3M Co. Reduce -14.5% 0.11% −0.03
DHR Danaher Corp. Reduce -6.2% 0.18% −0.02
KMI Kinder Morgan Inc. Reduce -13.9% 0.08% −0.02
CRWD CrowdStrike Holdings Inc. Class A Reduce -1.5% 0.18% −0.02
CME Cme Group Inc. Reduce -2.7% 0.18% −0.02
PFE Pfizer Inc. Reduce -9.7% 0.17% −0.02
BLK BlackRock Inc. Reduce -8.6% 0.38% −0.02
VRSK Verisk Analytics Inc. Reduce -9.6% 0.04% −0.02
OKE Oneok Inc. Reduce -20.2% 0.04% −0.02
LII Lennox International Inc. Reduce -39.3% 0.02% −0.02
SMCI Super Micro Computer Inc. Reduce -36.4% 0.03% −0.02
CAT Caterpillar Inc. Reduce -18.6% 0.25% −0.02
ADI Analog Devices Inc. Reduce -5.0% 0.19% −0.02
IR Ingersoll-Rand Inc. Reduce -21.5% 0.04% −0.02
BN Brookfield Corp. Reduce -32.4% 0.04% −0.02
CCEP Coca-Cola Europacific Partne Reduce -3.1% 0.11% −0.01
BDX Becton Dickinson and Co. Reduce -21.0% 0.06% −0.01
FWONK Liberty Media Corp. Class C Reduce -46.1% 0.01% −0.01
STZ Constellation Brands Inc. Class A Sold out 0.00% −0.01
EQT Eqt Corp. Reduce -9.4% 0.05% −0.01
SUI Sun Communities Inc. Sold out 0.00% −0.01
SNAP Snap Inc. Class A Sold out 0.00% −0.01
BNY Bank of New York Mellon Corp. Reduce -16.7% 0.14% −0.01
QCOM Qualcomm Inc. Reduce -1.0% 0.29% −0.01
MS Morgan Stanley Reduce -8.6% 0.27% −0.01

Portfolio Buys Q2 2025 → Q3 2025
GOOGL Alphabet Inc. Class A Add +3.1% 3.04% +0.75
TSLA Tesla Inc. Add +3.5% 1.55% +0.40
NVDA Nvidia Corp. Add +1.0% 3.85% +0.39
IYR iShares US Real Estate ETF Add +52.4% 0.95% +0.30
ORCL Oracle Corp. Add +2.9% 0.83% +0.16
CVX Chevron Corp. Add +20.8% 0.39% +0.07
PEP Pepsico Inc. Add +38.8% 0.26% +0.07
USCL iShares Climate Conscious Add +1.5% 19.66% +0.06
EEM iShares MSCI Emerging Market Add +201.5% 0.07% +0.05
HSY The Hershey Co. New 0.05% +0.05
WAB Wabtec Corp. New 0.04% +0.04
FDX FedEx Corp. Add +202.1% 0.06% +0.04
WDAY Workday Inc. Class A Add +41.6% 0.17% +0.04
EFX Equifax Inc. New 0.04% +0.04
USCA Xtrack MSCI USA Clim Act Eq Add +1.4% 19.59% +0.04
XLV SS Health Care Select Sector New 0.04% +0.04
BR Broadridge Financial Solutio New 0.03% +0.03
ES Eversource Energy New 0.03% +0.03
XEL Xcel Energy Inc. Add +19.3% 0.12% +0.03
SNPS Synopsys Inc. Add +28.4% 0.19% +0.03
TT Trane Technologies PLC Add +41.5% 0.12% +0.03
EOG EOG Resources Inc. Add +111.9% 0.05% +0.02
AME Ametek Inc. Add +77.3% 0.06% +0.02
J Jacobs Solutions Inc. New 0.02% +0.02
FTV Fortive Corp. New 0.02% +0.02
ADBE Adobe Inc. Add +25.6% 0.32% +0.02
ACM Aecom New 0.02% +0.02
IDXX Idexx Laboratories Inc. Add +51.4% 0.05% +0.02
GOOG Alphabet Inc. Class C Add +22.8% 0.06% +0.02
PGR Progressive Corp. Add +23.7% 0.32% +0.02
TRU Transunion New 0.02% +0.02
XYL Xylem Inc. Add +69.8% 0.05% +0.02
AER Aercap Holdings NV Add +36.9% 0.08% +0.02
CSL Carlisle Cos Inc. New 0.02% +0.02
VRT Vertiv Holdings Co. Class A Add +23.4% 0.07% +0.02
EXC Exelon Corp. Add +32.1% 0.07% +0.02
SO The Southern Co. Add +13.6% 0.18% +0.02
BAH Booz Allen Hamilton Holdings New 0.02% +0.02
IEX Idex Corp. New 0.02% +0.02
UPS United Parcel Service Class B Add +59.7% 0.08% +0.01
CRM Salesforce Inc. Add +27.1% 0.46% +0.01
VLTO Veralto Corp. Add +72.9% 0.03% +0.01
PAYC Paycom Software Inc. New 0.01% +0.01
KMB Kimberly-Clark Corp. New 0.01% +0.01
MRVL Marvell Technology Inc. Add +10.2% 0.12% +0.01
DE Deere & Co. Add +27.6% 0.18% +0.01
ELS Equity Lifestyle Properties New 0.01% +0.01
HUBS HubSpot Inc. Add +56.3% 0.06% +0.01
ILMN Illumina Inc. Add +144.4% 0.02% +0.01
SLB SLB Ltd. Add +19.0% 0.07% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 445$14.8BUSCA, USCL, NVDA, AAPL, USHY
Q1 2026 462$12.7BUSCA, USCL, NVDA, USHY, AAPL
Q4 2025 331$12.5BUSCL, USCA, SPHY, USHY, NVDA
Q3 2025 303$13.3BUSCL, USCA, SPHY, USHY, NVDA
Q2 2025 295$12.4BUSCL, USCA, SPHY, USHY, NVDA
Q1 2025 301$11.3BUSCL, USCA, SPHY, USHY, AAPL
Q4 2024 293$11.7BUSCL, USCA, SPHY, USHY, AAPL
Q3 2024 271$9.2BUSCL, USCA, SJNK, NVDA, AAPL
Q2 2024 273$8.6BUSCL, USCA, SJNK, NVDA, MSFT
Q1 2024 265$8.2BUSCL, USCA, SJNK, NVDA, AMZN