Ilmarinen Mutual Pension Insurance Co
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 12, 2026), Ilmarinen Mutual Pension Insurance Co reported 462 stock positions worth $12.7 billion. Its top holding was Xtrack MSCI USA Clim Act Eq (USCA) at 16.2% of the portfolio, followed by iShares Climate Conscious (USCL, 16.2%) and Nvidia (NVDA, 4.4%). Compared with Q4 2025, it opened 147 new positions, sold out of 17, added to 75 and reduced 133. The biggest buy was a new position in Apple (AAPL) and the biggest sale iShares Climate Conscious (USCL, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- HELSINKI, H9
- CIK
- 0001661580
- Portfolio Value
- $12.7B (Q1 2026)
- SEC Filing
- 0001661580-26-000002 ↗ filed May 12, 2026
Holdings Value
Holdings 462 stocks · $12.7B
| USCA Xtrack MSCI USA Clim Act Eq | 16.20% | 52,758,928 | $2.1B | Reduce -2.3% |
| USCL iShares Climate Conscious | 16.15% | 27,692,756 | $2.1B | Reduce -2.8% |
| NVDA Nvidia Corp. | 4.37% | 3,187,064 | $555.8M | Add +52.0% |
| USHY iShares Broad Usd High Yield | 4.08% | 14,080,000 | $518.7M | No change |
| AAPL Apple Inc. | 3.77% | 1,886,513 | $478.8M | New |
| SPHY SS SPDR P High Yield ETF | 3.75% | 20,450,000 | $476.9M | Reduce -11.3% |
| GOOGL Alphabet Inc. Class A | 3.11% | 1,374,295 | $395.2M | Add +21.8% |
| MSFT Microsoft Corp. | 2.74% | 939,375 | $347.7M | Add +21.4% |
| AMZN Amazon.com Inc. | 2.14% | 1,306,000 | $272.0M | Add +4.3% |
| AVGO Broadcom Inc. | 1.34% | 548,420 | $169.7M | Reduce -38.7% |
| META Meta Platforms Inc. Class A | 1.26% | 280,875 | $160.7M | Reduce -21.4% |
| IYR iShares US Real Estate ETF | 1.21% | 1,620,907 | $153.3M | Add +35.5% |
| TSLA Tesla Inc. | 1.10% | 375,500 | $139.6M | Reduce -18.3% |
| JPM JPMorgan Chase & Co. | 0.89% | 386,405 | $113.7M | Reduce -15.6% |
| XOM Exxon Mobil Corp. | 0.80% | 600,000 | $101.8M | Reduce -18.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.74% | 197,340 | $94.6M | New |
| LLY Eli Lilly & Co. | 0.74% | 102,300 | $94.1M | Reduce -24.4% |
| EEM iShares MSCI Emerging Market | 0.69% | 1,542,754 | $87.6M | Add +83.6% |
| WMT Walmart Inc. | 0.61% | 621,535 | $77.2M | Reduce -14.7% |
| V Visa Inc. Class A | 0.60% | 252,421 | $76.3M | Reduce -24.9% |
| JNJ Johnson & Johnson | 0.58% | 301,100 | $73.6M | Reduce -25.9% |
| MA Mastercard Inc. Class A | 0.54% | 138,011 | $69.0M | Reduce -18.5% |
| COST Costco Wholesale Corp. | 0.52% | 65,985 | $65.7M | New |
| KO The Coca-Cola Co. | 0.50% | 832,227 | $63.3M | Add +11.9% |
| NFLX Netflix Inc. | 0.44% | 583,177 | $56.1M | Reduce -7.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.44% | 1,141,569 | $55.7M | Reduce -10.0% |
| MU Micron Technology Inc. | 0.41% | 154,552 | $52.2M | New |
| CAT Caterpillar Inc. | 0.38% | 68,800 | $48.7M | Reduce -10.4% |
| ABBV Abbvie Inc. | 0.38% | 219,500 | $47.7M | Reduce -23.6% |
| MRK Merck & Co. Inc. | 0.35% | 366,500 | $44.1M | Reduce -17.0% |
| HD Home Depot Inc. | 0.35% | 134,000 | $44.1M | Reduce -23.5% |
| GE General Electric filed as GE AEROSPACE | 0.35% | 155,000 | $44.0M | Add +154.1% |
| AMD Advanced Micro Devices | 0.33% | 203,124 | $41.3M | Reduce -36.8% |
| UNH Unitedhealth Group Inc. | 0.28% | 129,300 | $35.0M | Reduce -17.8% |
| GEV GE Vernova Inc. | 0.27% | 40,000 | $34.9M | Add +300.0% |
| SCHW Schwab (charles) Corp. | 0.27% | 366,441 | $34.4M | Add +8.3% |
| AMAT Applied Materials Inc. | 0.27% | 100,566 | $34.4M | New |
| PEP Pepsico Inc. | 0.27% | 220,000 | $34.2M | Reduce -3.3% |
| LRCX Lam Research Corp. | 0.26% | 156,323 | $33.4M | New |
| BLK BlackRock Inc. | 0.26% | 34,544 | $33.2M | Reduce -20.7% |
| ORCL Oracle Corp. | 0.26% | 223,762 | $32.9M | Reduce -38.3% |
| PLTR Palantir Technologies Inc. Class A | 0.25% | 219,149 | $32.1M | Reduce -44.6% |
| CSCO Cisco Systems Inc. | 0.25% | 408,303 | $31.7M | Reduce -40.9% |
| MS Morgan Stanley | 0.24% | 183,984 | $30.3M | Add +19.5% |
| CRM Salesforce Inc. | 0.24% | 161,091 | $30.1M | Reduce -38.9% |
| MCD McDonald's Corp. | 0.23% | 95,500 | $29.7M | Reduce -31.0% |
| LIN Linde PLC | 0.22% | 56,500 | $28.0M | Reduce -23.1% |
| GILD Gilead Sciences Inc. | 0.22% | 198,000 | $27.6M | No change |
| TMO Thermo Fisher Scientific Inc. | 0.21% | 55,300 | $27.2M | Reduce -17.8% |
| AMGN Amgen Inc. | 0.21% | 75,832 | $26.7M | Reduce -13.0% |
| DE Deere & Co. | 0.21% | 46,473 | $26.2M | Reduce -9.4% |
| UNP Union Pacific Corp. | 0.20% | 106,612 | $25.9M | Add +10.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.20% | 160,500 | $25.6M | New |
| ISRG Intuitive Surgical Inc. | 0.20% | 54,800 | $25.3M | Add +64.6% |
| INTC Intel Corp. | 0.20% | 568,897 | $25.1M | New |
| GS Goldman Sachs Group Inc. | 0.20% | 29,509 | $25.0M | Reduce -11.9% |
| PG The Procter & Gamble Co. | 0.20% | 172,155 | $24.9M | Reduce -58.7% |
| VZ Verizon Communications Inc. | 0.19% | 486,251 | $24.4M | Reduce -11.6% |
| C Citigroup Inc. | 0.19% | 214,674 | $24.3M | Reduce -38.5% |
| NEE Nextera Energy Inc. | 0.19% | 261,359 | $24.3M | Reduce -38.2% |
| KLAC KLA Corp. | 0.19% | 16,288 | $24.0M | New |
| T AT&T Inc. | 0.19% | 821,423 | $23.8M | Reduce -14.9% |
| COP Conocophillips | 0.19% | 180,000 | $23.8M | Reduce -14.3% |
| ACN Accenture PLC Class A | 0.19% | 118,715 | $23.5M | Reduce -37.7% |
| APH Amphenol Corp. Class A | 0.18% | 186,158 | $23.5M | New |
| SPOT Spotify Technology SA | 0.18% | 48,329 | $23.4M | New |
| ETN Eaton Corp. PLC | 0.18% | 64,315 | $23.0M | Reduce -27.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.18% | 94,439 | $22.9M | Reduce -46.6% |
| WFC Wells Fargo & Co. | 0.18% | 284,085 | $22.6M | Reduce -28.4% |
| NOW ServiceNow Inc. | 0.17% | 209,911 | $21.9M | Reduce -14.7% |
| CL Colgate-Palmolive Co. | 0.17% | 255,000 | $21.7M | Add +112.5% |
| CB Chubb Ltd. | 0.17% | 66,628 | $21.7M | Reduce -21.9% |
| ABT Abbott Laboratories | 0.17% | 211,500 | $21.7M | Reduce -24.6% |
| AFL Aflac Inc. | 0.17% | 196,292 | $21.5M | Add +39.9% |
| CME Cme Group Inc. | 0.17% | 72,611 | $21.4M | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.17% | 218,651 | $21.1M | Reduce -25.8% |
| ICE Intercontinental Exchange Inc. | 0.16% | 133,300 | $21.0M | No change |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.16% | 175,000 | $20.8M | No change |
| MRSH Marsh & McLennan Cos | 0.16% | 118,003 | $20.5M | Reduce -35.0% |
| PH Parker Hannifin Corp. | 0.16% | 22,546 | $20.2M | Add +12.7% |
| LOW Lowe's Cos Inc. | 0.15% | 83,000 | $19.6M | New |
| ADI Analog Devices Inc. | 0.15% | 61,186 | $19.5M | Reduce -36.2% |
| ADBE Adobe Inc. | 0.15% | 78,939 | $19.2M | Reduce -38.4% |
| DHR Danaher Corp. | 0.15% | 99,500 | $18.9M | Reduce -18.1% |
| INTU Intuit Inc. | 0.15% | 43,181 | $18.7M | Reduce -24.9% |
| AMP Ameriprise Financial Inc. | 0.15% | 41,551 | $18.5M | New |
| APP AppLovin Corp. Class A | 0.14% | 46,057 | $18.3M | New |
| PFE Pfizer Inc. | 0.14% | 647,000 | $18.2M | Reduce -30.2% |
| WDC Western Digital Corp. | 0.14% | 66,775 | $18.1M | New |
| WM Waste Management Inc. | 0.14% | 77,484 | $17.8M | Add +15.7% |
| TXN Texas Instruments Inc. | 0.14% | 91,361 | $17.7M | Add +461.0% |
| UBER Uber Technologies Inc. | 0.14% | 245,241 | $17.6M | Reduce -19.1% |
| PANW Palo Alto Networks Inc. | 0.14% | 109,637 | $17.6M | Reduce -17.1% |
| MCK McKesson Corp. | 0.14% | 20,100 | $17.4M | Reduce -50.3% |
| MAR Marriott International Class A | 0.14% | 53,000 | $17.3M | Add +43.2% |
| QCOM Qualcomm Inc. | 0.13% | 131,463 | $16.9M | Reduce -39.1% |
| CBOE Cboe Global Markets Inc. | 0.13% | 60,100 | $16.9M | Add +42.1% |
| BKNG Booking Holdings Inc. | 0.13% | 4,000 | $16.8M | Reduce -22.3% |
| BMY Bristol-Myers Squibb Co. | 0.13% | 275,800 | $16.7M | Reduce -12.7% |
| AXP American Express Co. | 0.13% | 55,279 | $16.7M | Add +17.6% |
Portfolio Sells Q4 2025 → Q1 2026
| USCL iShares Climate Conscious | Reduce -2.8% | 16.15% | −1.89 |
| USCA Xtrack MSCI USA Clim Act Eq | Reduce -2.3% | 16.20% | −1.82 |
| AVGO Broadcom Inc. | Reduce -38.7% | 1.34% | −1.13 |
| META Meta Platforms Inc. Class A | Reduce -21.4% | 1.26% | −0.62 |
| SPHY SS SPDR P High Yield ETF | Reduce -11.3% | 3.75% | −0.60 |
| TSLA Tesla Inc. | Reduce -18.3% | 1.10% | −0.55 |
| LLY Eli Lilly & Co. | Reduce -24.4% | 0.74% | −0.42 |
| V Visa Inc. Class A | Reduce -24.9% | 0.60% | −0.34 |
| CRM Salesforce Inc. | Reduce -38.9% | 0.24% | −0.32 |
| PLTR Palantir Technologies Inc. Class A | Reduce -44.6% | 0.25% | −0.31 |
| ORCL Oracle Corp. | Reduce -38.3% | 0.26% | −0.30 |
| JPM JPMorgan Chase & Co. | Reduce -15.6% | 0.89% | −0.28 |
| PG The Procter & Gamble Co. | Reduce -58.7% | 0.20% | −0.28 |
| IBM Intl Business Machines Corp. | Reduce -46.6% | 0.18% | −0.24 |
| MA Mastercard Inc. Class A | Reduce -18.5% | 0.54% | −0.23 |
| PGR Progressive Corp. | Reduce -61.7% | 0.11% | −0.23 |
| AMD Advanced Micro Devices | Reduce -36.8% | 0.33% | −0.22 |
| ACN Accenture PLC Class A | Reduce -37.7% | 0.19% | −0.22 |
| ADBE Adobe Inc. | Reduce -38.4% | 0.15% | −0.21 |
| CSCO Cisco Systems Inc. | Reduce -40.9% | 0.25% | −0.18 |
| QCOM Qualcomm Inc. | Reduce -39.1% | 0.13% | −0.16 |
| INTU Intuit Inc. | Reduce -24.9% | 0.15% | −0.16 |
| ABBV Abbvie Inc. | Reduce -23.6% | 0.38% | −0.15 |
| UNH Unitedhealth Group Inc. | Reduce -17.8% | 0.28% | −0.14 |
| HD Home Depot Inc. | Reduce -23.5% | 0.35% | −0.13 |
| C Citigroup Inc. | Reduce -38.5% | 0.19% | −0.13 |
| WDAY Workday Inc. Class A | Reduce -75.6% | 0.02% | −0.13 |
| NOW ServiceNow Inc. | Reduce -14.7% | 0.17% | −0.13 |
| MCK McKesson Corp. | Reduce -50.3% | 0.14% | −0.13 |
| CMCSA Comcast Corp. Class A | Reduce -63.9% | 0.07% | −0.13 |
| BAC Bank of America Corp. | Reduce -10.0% | 0.44% | −0.12 |
| WFC Wells Fargo & Co. | Reduce -28.4% | 0.18% | −0.12 |
| BLK BlackRock Inc. | Reduce -20.7% | 0.26% | −0.11 |
| ABT Abbott Laboratories | Reduce -24.6% | 0.17% | −0.11 |
| MRSH Marsh & McLennan Cos | Reduce -35.0% | 0.16% | −0.11 |
| MCD McDonald's Corp. | Reduce -31.0% | 0.23% | −0.10 |
| DIS The Walt Disney Co. | Reduce -25.8% | 0.17% | −0.10 |
| TMO Thermo Fisher Scientific Inc. | Reduce -17.8% | 0.21% | −0.10 |
| BSX Boston Scientific Corp. | Reduce -19.0% | 0.11% | −0.09 |
| HOOD Robinhood Markets Inc. Class A | Reduce -75.0% | 0.02% | −0.09 |
| JNJ Johnson & Johnson | Reduce -25.9% | 0.58% | −0.09 |
| TMUS T-Mobile US Inc. | Reduce -44.2% | 0.12% | −0.09 |
| BKNG Booking Holdings Inc. | Reduce -22.3% | 0.13% | −0.09 |
| SNPS Synopsys Inc. | Reduce -44.2% | 0.07% | −0.08 |
| NEE Nextera Energy Inc. | Reduce -38.2% | 0.19% | −0.08 |
| EMR Emerson Electric Co. | Reduce -46.7% | 0.08% | −0.08 |
| DHR Danaher Corp. | Reduce -18.1% | 0.15% | −0.07 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -33.8% | 0.09% | −0.07 |
| SNOW Snowflake Inc. | Reduce -45.9% | 0.04% | −0.07 |
| CTSH Cognizant Tech Solutions-A | Reduce -60.9% | 0.02% | −0.06 |
Portfolio Buys Q4 2025 → Q1 2026
| AAPL Apple Inc. | New | 3.77% | +3.77 |
| NVDA Nvidia Corp. | Add +52.0% | 4.37% | +1.25 |
| BRK.B Berkshire Hathaway Inc. Class B | New | 0.74% | +0.74 |
| COST Costco Wholesale Corp. | New | 0.52% | +0.52 |
| MU Micron Technology Inc. | New | 0.41% | +0.41 |
| EEM iShares MSCI Emerging Market | Add +83.6% | 0.69% | +0.32 |
| IYR iShares US Real Estate ETF | Add +35.5% | 1.21% | +0.31 |
| GOOGL Alphabet Inc. Class A | Add +21.8% | 3.11% | +0.29 |
| AMAT Applied Materials Inc. | New | 0.27% | +0.27 |
| LRCX Lam Research Corp. | New | 0.26% | +0.26 |
| GEV GE Vernova Inc. | Add +300.0% | 0.27% | +0.22 |
| TJX TJX Companies Inc. | New | 0.20% | +0.20 |
| INTC Intel Corp. | New | 0.20% | +0.20 |
| GE General Electric | Add +154.1% | 0.35% | +0.20 |
| KLAC KLA Corp. | New | 0.19% | +0.19 |
| APH Amphenol Corp. Class A | New | 0.18% | +0.18 |
| SPOT Spotify Technology SA | New | 0.18% | +0.18 |
| LOW Lowe's Cos Inc. | New | 0.15% | +0.15 |
| AMP Ameriprise Financial Inc. | New | 0.15% | +0.15 |
| APP AppLovin Corp. Class A | New | 0.14% | +0.14 |
| WDC Western Digital Corp. | New | 0.14% | +0.14 |
| ANET Arista Networks Inc. | New | 0.13% | +0.13 |
| TXN Texas Instruments Inc. | Add +461.0% | 0.14% | +0.12 |
| STX Seagate Technology Holdings | New | 0.12% | +0.12 |
| GLW Corning Inc. | New | 0.11% | +0.11 |
| ITW Illinois Tool Works | New | 0.10% | +0.10 |
| ROST Ross Stores Inc. | Add +384.6% | 0.12% | +0.10 |
| CL Colgate-Palmolive Co. | Add +112.5% | 0.17% | +0.10 |
| FCX Freeport-McMoran Inc. | Add +237.2% | 0.12% | +0.09 |
| MPC Marathon Petroleum Corp. | New | 0.09% | +0.09 |
| PSX Phillips 66 | New | 0.09% | +0.09 |
| KO The Coca-Cola Co. | Add +11.9% | 0.50% | +0.08 |
| COF Capital One Financial Corp. | New | 0.08% | +0.08 |
| SYK Stryker Corp. | Add +300.0% | 0.11% | +0.08 |
| HBAN Huntington Bancshares Inc. | New | 0.08% | +0.08 |
| LNG Cheniere Energy Inc. | New | 0.07% | +0.07 |
| LITE Lumentum Holdings Inc. | New | 0.07% | +0.07 |
| FIX Comfort Systems USA Inc. | New | 0.07% | +0.07 |
| MNST Monster Beverage Corp. | Add +156.7% | 0.12% | +0.07 |
| MDT Medtronic PLC | Add +198.2% | 0.11% | +0.07 |
| FERG Ferguson Enterprises Inc. | New | 0.07% | +0.07 |
| SUNB Sunbelt Rentals Holdings Inc. | New | 0.07% | +0.07 |
| HWM Howmet Aerospace Inc. | Add +180.0% | 0.10% | +0.07 |
| ORLY O'reilly Automotive Inc. | New | 0.07% | +0.07 |
| AEP American Electric Power | New | 0.07% | +0.07 |
| WBD Warner Bros Discovery Inc. | New | 0.06% | +0.06 |
| RACE Ferrari NV | New | 0.06% | +0.06 |
| TRGP Targa Resources Corp. | New | 0.06% | +0.06 |
| DASH DoorDash Inc. Class A | New | 0.06% | +0.06 |
| FAST Fastenal Co. | Add +178.1% | 0.08% | +0.06 |
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 |