Mandatum Life Insurance Co Ltd

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 21, 2024), Mandatum Life Insurance Co Ltd reported 84 stock positions worth $326.0 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 34.7% of the portfolio, followed by Meta Platforms Class A (META, 5.5%) and Kranesh Csi China Internet (KWEB, 5.0%). Compared with Q2 2024, it opened 6 new positions, sold out of 5, added to 22 and reduced 18. The biggest buy was a new position in Cisco Systems (CSCO) and the biggest sale Microsoft (MSFT, shares −13%).

Most Recent 13F
Q2 2026
Location
HELSINKI, H9
CIK
0001664324
Portfolio Value
$326.0M (Q3 2024)
SEC Filing
0001664324-24-000005 ↗ filed Oct 21, 2024

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $299.0M Q1 2024 Q2 2024: $298.6M Q2 2024 Q3 2024: $326.0M $326.0M Q3 2024 Q4 2024: $337.4M Q4 2024 Q1 2025: $325.7M Q1 2025 Q2 2025: $379.9M Q2 2025 Q3 2025: $418.6M Q3 2025 Q4 2025: $438.0M Q4 2025 Q1 2026: $444.8M Q1 2026 Q2 2026: $540.1M Q2 2026

Holdings 84 stocks · $326.0M
IVV iShares Core S&P 500 ETF 34.74% 196,327 $113.2M Add +3.5%
META Meta Platforms Inc. Class A 5.53% 31,466 $18.0M Reduce -13.6%
KWEB Kranesh Csi China Internet 4.98% 477,019 $16.2M Reduce -1.2%
VOO Vanguard S&P 500 ETF 4.14% 25,574 $13.5M Add +0.3%
MSFT Microsoft Corp. 2.77% 20,959 $9.0M Reduce -12.9%
JPM JPMorgan Chase & Co. 2.68% 41,502 $8.8M No change
GOOGL Alphabet Inc. Class A 2.46% 48,307 $8.0M Add +0.2%
CSCO Cisco Systems Inc. 2.29% 140,000 $7.5M New
MA Mastercard Inc. Class A 2.16% 14,249 $7.0M Add +0.2%
ROK Rockwell Automation Inc. 2.06% 25,000 $6.7M Add +150.0%
IPAC iShares Core MSCI Pacific Et 2.04% 99,757 $6.6M No change
IJR iShares Core S&P Small-Cap E 1.75% 48,720 $5.7M No change
USMV iShares MSCI USA Min Vol Fac 1.69% 60,455 $5.5M No change
C Citigroup Inc. 1.64% 85,383 $5.3M No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.62% 45,000 $5.3M No change
TGT Target Corp. 1.56% 32,723 $5.1M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.56% 128,110 $5.1M No change
V Visa Inc. Class A 1.55% 18,332 $5.0M Add +0.2%
HUM Humana Inc. 1.36% 14,000 $4.4M Add +115.4%
MDT Medtronic PLC 1.36% 49,138 $4.4M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.19% 40,415 $3.9M Add +0.3%
KMB Kimberly-Clark Corp. 1.15% 26,249 $3.7M No change
CL Colgate-Palmolive Co. 1.04% 32,500 $3.4M No change
CARR Carrier Global Corp. 1.03% 41,820 $3.4M Reduce -0.4%
ABNB Airbnb Inc. Class A 0.88% 22,730 $2.9M Reduce -1.9%
CMCSA Comcast Corp. Class A 0.84% 65,224 $2.7M No change
ENPH Enphase Energy Inc. 0.75% 21,517 $2.4M No change
PLTR Palantir Technologies Inc. Class A 0.69% 60,229 $2.2M Reduce -0.6%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.67% 27,132 $2.2M Add +1.3%
MBLY Mobileye Global Inc. Class A 0.67% 158,792 $2.2M Add +25.1%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.66% 19,004 $2.1M Add +0.9%
TSLA Tesla Inc. 0.63% 7,906 $2.1M Add +0.6%
IYH iShares U.S. Healthcare ETF 0.60% 30,043 $2.0M No change
EEM iShares MSCI Emerging Market 0.59% 42,083 $1.9M No change
AMZN Amazon.com Inc. 0.59% 10,351 $1.9M Reduce -46.5%
MOO Vaneck Agribusiness ETF 0.55% 23,778 $1.8M No change
SPY SS SPDR S&P 500 ETF Trust-US 0.51% 2,885 $1.7M No change
ACWV iShares MSCI Global Min Vol 0.50% 14,337 $1.6M Reduce -12.2%
IWM iShares Russell 2000 ETF 0.49% 7,217 $1.6M No change
NVDA Nvidia Corp. 0.45% 12,020 $1.5M Reduce -24.2%
HYXF iShares ESG Adv High Yield 0.31% 21,595 $1.0M Reduce -12.1%
STLA Stellantis NV 0.31% 73,476 $1.0M No change
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.31% 10,231 $1.0M No change
IJS iShares S&P Small-Cap 600 Va 0.29% 8,712 $938K No change
DE Deere & Co. 0.27% 2,137 $892K No change
AAPL Apple Inc. 0.26% 3,618 $843K Reduce -8.0%
IXN iShares Global Tech ETF 0.23% 9,278 $766K Reduce -20.4%
OCSL Oaktree Specialty Lending Co. 0.18% 36,085 $589K Add +78.4%
GBDC Golub Capital BDC Inc. 0.18% 38,819 $587K Add +58.8%
ARCC Ares Capital Corp. 0.18% 28,001 $586K Add +46.3%
FSK FS KKR Capital Corp. 0.18% 29,666 $585K Add +47.3%
OBDC Blue Owl Capital Corp. 0.17% 38,714 $564K Add +50.4%
GSBD Goldman Sachs BDC Inc. 0.17% 40,348 $555K Add +53.2%
BUR Burford Capital Ltd. 0.15% 37,000 $491K No change
ICLN iShares Global Clean Energy 0.15% 32,360 $475K No change
BRK.B Berkshire Hathaway Inc. Class B 0.13% 946 $435K No change
BABA Alibaba Group Holding-SP ADR 0.13% 4,095 $435K Add +13.9%
DGRO iShares Core Dividend Growth 0.13% 6,546 $410K No change
SBSW Sibanye-Stillwater Ltd.-ADR 0.12% 97,588 $401K Reduce -1.6%
AMD Advanced Micro Devices 0.11% 2,134 $350K Reduce -14.0%
IEMG iShares Core MSCI Emerging 0.11% 6,047 $347K No change
QCOM Qualcomm Inc. 0.10% 1,969 $335K Add +21.3%
IYF iShares US Financials ETF 0.10% 3,215 $334K No change
EEMA iShares MSCI Emerg MRKT Asia 0.10% 3,955 $310K No change
MU Micron Technology Inc. 0.09% 2,781 $288K Add +50.9%
CRWD CrowdStrike Holdings Inc. Class A 0.08% 951 $267K Reduce -12.0%
AVB Avalonbay Communities Inc. 0.08% 1,170 $264K No change
IYW iShares Ustechnology ETF 0.08% 1,722 $261K No change
FLOT iShares Floating Rate Bond E 0.08% 5,060 $258K No change
LLY Eli Lilly & Co. 0.08% 288 $255K No change
IXP iShares Global Comm Services 0.08% 2,620 $247K No change
IXG iShares Global Financials Et 0.07% 2,485 $235K Reduce -33.7%
CMI Cummins Inc. 0.07% 710 $230K New
IWB iShares Russell 1000 ETF 0.07% 731 $230K No change
CVNA Carvana Co. 0.07% 1,280 $223K New
SHY iShares 1-3 Year Treasury Bo 0.06% 2,470 $205K No change
TSM Taiwan Semiconductor-SP ADR 0.06% 1,163 $202K Reduce -18.0%
APLD Applied Digital Corp. 0.05% 20,000 $165K New
AMCR Amcor PLC 0.05% 14,471 $164K Add +6.1%
SOFI Sofi Technologies Inc. 0.03% 13,872 $109K New
LUMN Lumen Technologies Inc. 0.03% 14,947 $106K Reduce -29.7%
PLUG Plug Power Inc. 0.03% 44,162 $100K No change
GRAB Grab Holdings Ltd. Class A 0.03% 25,000 $95K New
VIOT Viomi Technology Co. Ltd.-ADR 0.02% 34,000 $53K No change

Portfolio Sells Q2 2024 → Q3 2024
MSFT Microsoft Corp. Reduce -12.9% 2.77% −0.84
AMZN Amazon.com Inc. Reduce -46.5% 0.59% −0.66
META Meta Platforms Inc. Class A Reduce -13.6% 5.53% −0.62
ABNB Airbnb Inc. Class A Reduce -1.9% 0.88% −0.29
NVDA Nvidia Corp. Reduce -24.2% 0.45% −0.21
SMCI Super Micro Computer Inc. Sold out 0.00% −0.11
FTNT Fortinet Inc. Sold out 0.00% −0.10
ARM Arm Holdings PLC-ADR Sold out 0.00% −0.10
IXN iShares Global Tech ETF Reduce -20.4% 0.23% −0.09
VRT Vertiv Holdings Co. Class A Sold out 0.00% −0.07
ACWV iShares MSCI Global Min Vol Reduce -12.2% 0.50% −0.07
HYXF iShares ESG Adv High Yield Reduce -12.1% 0.31% −0.06
CRWD CrowdStrike Holdings Inc. Class A Reduce -12.0% 0.08% −0.06
IXG iShares Global Financials Et Reduce -33.7% 0.07% −0.03
AMD Advanced Micro Devices Reduce -14.0% 0.11% −0.03
SBSW Sibanye-Stillwater Ltd.-ADR Reduce -1.6% 0.12% −0.02
TSM Taiwan Semiconductor-SP ADR Reduce -18.0% 0.06% −0.02
AAPL Apple Inc. Reduce -8.0% 0.26% −0.02
ZEPP Zepp Health Corporation Sold out 0.00% −0.01
LUMN Lumen Technologies Inc. Reduce -29.7% 0.03% +0.02
CARR Carrier Global Corp. Reduce -0.4% 1.03% +0.15
PLTR Palantir Technologies Inc. Class A Reduce -0.6% 0.69% +0.17
KWEB Kranesh Csi China Internet Reduce -1.2% 4.98% +0.61

Portfolio Buys Q2 2024 → Q3 2024
CSCO Cisco Systems Inc. New 2.29% +2.29
ROK Rockwell Automation Inc. Add +150.0% 2.06% +1.14
HUM Humana Inc. Add +115.4% 1.36% +0.55
TSLA Tesla Inc. Add +0.6% 0.63% +0.11
CMI Cummins Inc. New 0.07% +0.07
CVNA Carvana Co. New 0.07% +0.07
MA Mastercard Inc. Class A Add +0.2% 2.16% +0.06
OCSL Oaktree Specialty Lending Co. Add +78.4% 0.18% +0.05
GBDC Golub Capital BDC Inc. Add +58.8% 0.18% +0.05
APLD Applied Digital Corp. New 0.05% +0.05
BABA Alibaba Group Holding-SP ADR Add +13.9% 0.13% +0.05
FSK FS KKR Capital Corp. Add +47.3% 0.18% +0.05
ARCC Ares Capital Corp. Add +46.3% 0.18% +0.05
OBDC Blue Owl Capital Corp. Add +50.4% 0.17% +0.04
GSBD Goldman Sachs BDC Inc. Add +53.2% 0.17% +0.04
SOFI Sofi Technologies Inc. New 0.03% +0.03
GRAB Grab Holdings Ltd. Class A New 0.03% +0.03
MU Micron Technology Inc. Add +50.9% 0.09% +0.01
AMCR Amcor PLC Add +6.1% 0.05% +0.01
QCOM Qualcomm Inc. Add +21.3% 0.10% −0.01
IVV iShares Core S&P 500 ETF Add +3.5% 34.74% −0.01
LQD Ishr Ibx Usd Invgd CB ETF-Ui Add +0.9% 0.66% −0.02
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Add +1.3% 0.67% −0.02
V Visa Inc. Class A Add +0.2% 1.55% −0.06
VOO Vanguard S&P 500 ETF Add +0.3% 4.14% −0.13
DIS The Walt Disney Co. Add +0.3% 1.19% −0.15
GOOGL Alphabet Inc. Class A Add +0.2% 2.46% −0.48
MBLY Mobileye Global Inc. Class A Add +25.1% 0.67% −0.53

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 90$540.1MIVV, VOO, IPAC, GOOGL, CSCO
Q1 2026 84$444.8MIVV, VOO, IPAC, GOOGL, CSCO
Q4 2025 77$438.0MIVV, VOO, IPAC, GOOGL, CSCO
Q3 2025 81$418.6MIVV, VOO, IPAC, GOOGL, META
Q2 2025 82$379.9MIVV, VOO, META, MSFT, IPAC
Q1 2025 74$325.7MIVV, VOO, META, CSCO, JPM
Q4 2024 81$337.4MIVV, META, VOO, GOOGL, MSFT
Q3 2024 84$326.0MIVV, META, KWEB, VOO, MSFT
Q2 2024 83$298.6MIVV, META, KWEB, VOO, MSFT
Q1 2024 83$299.0MIVV, KWEB, META, VOO, MSFT