Mandatum Life Insurance Co Ltd

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 5, 2026), Mandatum Life Insurance Co Ltd reported 84 stock positions worth $444.8 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 36.3% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 8.4%) and iShares Core MSCI Pacific Et (IPAC, 4.0%). Compared with Q4 2025, it opened 14 new positions, sold out of 7, added to 18 and reduced 12. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +25%) and the biggest sale an exit from iShares Core S&P Small-Cap E (IJR).

Most Recent 13F
Q2 2026
Location
HELSINKI, H9
CIK
0001664324
Portfolio Value
$444.8M (Q1 2026)
SEC Filing
0001664324-26-000003 ↗ filed May 5, 2026

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 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 $444.8M Q1 2026 Q2 2026: $540.1M Q2 2026

Holdings 84 stocks · $444.8M
IVV iShares Core S&P 500 ETF 36.28% 247,033 $161.4M Add +0.5%
VOO Vanguard S&P 500 ETF 8.43% 62,733 $37.5M Add +25.1%
IPAC iShares Core MSCI Pacific Et 3.97% 230,602 $17.6M Add +8.8%
GOOGL Alphabet Inc. Class A 2.99% 46,210 $13.3M Reduce -5.9%
CSCO Cisco Systems Inc. 2.45% 140,464 $10.9M No change
C Citigroup Inc. 2.18% 85,383 $9.7M No change
JPM JPMorgan Chase & Co. 2.02% 30,502 $9.0M No change
MSFT Microsoft Corp. 1.83% 21,964 $8.1M Add +0.2%
ROK Rockwell Automation Inc. 1.79% 22,200 $8.0M Add +26.9%
IWM iShares Russell 2000 ETF 1.72% 30,911 $7.7M Add +20.4%
MA Mastercard Inc. Class A 1.62% 14,395 $7.2M Add +1.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.62% 45,000 $7.2M No change
GEHC GE Healthcare Technology 1.60% 100,037 $7.1M No change
EMR Emerson Electric Co. 1.47% 50,000 $6.6M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.41% 128,910 $6.3M No change
CARR Carrier Global Corp. 1.41% 111,157 $6.3M Add +36.1%
META Meta Platforms Inc. Class A 1.40% 10,899 $6.2M Reduce -26.9%
GAP The Gap Inc. 1.36% 250,000 $6.0M No change
V Visa Inc. Class A 1.26% 18,551 $5.6M Add +1.2%
MU Micron Technology Inc. 1.23% 16,251 $5.5M Reduce -49.8%
TGT Target Corp. 1.22% 44,723 $5.4M No change
MOO Vaneck Agribusiness ETF 1.20% 63,377 $5.4M Add +5.0%
MDT Medtronic PLC 1.15% 59,138 $5.1M No change
FLS Flowserve Corp. 0.99% 60,000 $4.4M No change
TSLA Tesla Inc. 0.98% 11,682 $4.3M Add +7.1%
USMV iShares MSCI USA Min Vol Fac 0.87% 41,527 $3.9M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.77% 35,303 $3.4M No change
CRM Salesforce Inc. 0.68% 16,088 $3.0M New
VRT Vertiv Holdings Co. Class A 0.66% 11,700 $2.9M New
ARM Arm Holdings PLC-ADR 0.65% 19,128 $2.9M New
ABNB Airbnb Inc. Class A 0.64% 22,600 $2.9M No change
CL Colgate-Palmolive Co. 0.62% 32,500 $2.8M No change
KMB Kimberly-Clark Corp. 0.57% 26,249 $2.5M No change
PLTR Palantir Technologies Inc. Class A 0.57% 17,236 $2.5M Reduce -1.3%
HUM Humana Inc. 0.55% 14,000 $2.4M No change
EEM iShares MSCI Emerging Market 0.54% 42,083 $2.4M No change
MRVL Marvell Technology Inc. 0.54% 24,128 $2.4M New
CAT Caterpillar Inc. 0.52% 3,238 $2.3M New
TSM Taiwan Semiconductor-SP ADR 0.49% 6,513 $2.2M Add +813.5%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.49% 27,237 $2.2M No change
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.46% 18,802 $2.0M No change
NVDA Nvidia Corp. 0.46% 11,650 $2.0M Add +34.5%
DE Deere & Co. 0.43% 3,407 $1.9M Add +21.8%
ANET Arista Networks Inc. 0.42% 15,300 $1.9M New
SPY SS SPDR S&P 500 ETF Trust-US 0.42% 2,885 $1.9M No change
CMCSA Comcast Corp. Class A 0.42% 65,224 $1.9M No change
CEG Constellation Energy 0.39% 6,145 $1.7M New
PANW Palo Alto Networks Inc. 0.38% 10,623 $1.7M New
QCOM Qualcomm Inc. 0.38% 13,097 $1.7M Add +994.1%
PATH Uipath Inc. Class A 0.32% 128,000 $1.4M New
IREN Iren Ltd. filed as IREN LIMITED 0.32% 40,990 $1.4M New
ZETA Zeta Global Holdings Corp. Class A 0.32% 88,000 $1.4M New
MDB Mongodb Inc. 0.28% 5,100 $1.2M New
SBSW Sibanye-Stillwater Ltd.-ADR 0.17% 62,009 $764K Reduce -13.0%
AMZN Amazon.com Inc. 0.15% 3,248 $676K Add +26.0%
BRK.B Berkshire Hathaway Inc. Class B 0.14% 1,257 $602K Add +1.9%
ICLN iShares Global Clean Energy 0.13% 32,206 $589K Reduce -3.1%
AAPL Apple Inc. 0.13% 2,267 $575K Reduce -8.7%
STLA Stellantis NV 0.12% 73,476 $512K No change
IXN iShares Global Tech ETF 0.11% 4,846 $484K No change
DGRO iShares Core Dividend Growth 0.10% 6,331 $444K No change
BABA Alibaba Group Holding-SP ADR 0.09% 3,159 $396K Reduce -2.1%
EEMA iShares MSCI Emerg MRKT Asia 0.09% 3,955 $379K No change
IYF iShares US Financials ETF 0.08% 3,113 $366K No change
QQQ Invesco QQQ Trust Series 1 0.08% 610 $352K Add +7.0%
AMD Advanced Micro Devices 0.08% 1,658 $337K No change
IYW iShares Ustechnology ETF 0.07% 1,722 $312K No change
FLOT iShares Floating Rate Bond E 0.06% 5,060 $258K No change
WMT Walmart Inc. 0.06% 2,010 $250K No change
AVGO Broadcom Inc. 0.06% 800 $248K No change
CRWD CrowdStrike Holdings Inc. Class A 0.05% 626 $244K Reduce -19.9%
PFE Pfizer Inc. 0.05% 8,595 $241K Reduce -34.1%
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 0.05% 181 $239K New
O Realty Income Corp. 0.05% 3,603 $220K No change
EWY iShares MSCI South Korea ETF 0.05% 1,750 $215K New
LLY Eli Lilly & Co. 0.05% 232 $213K No change
CRBN Ish Low Car Opt Ms Ac ETF-US 0.05% 925 $206K No change
IEMG iShares Core MSCI Emerging 0.05% 2,930 $204K Reduce -40.9%
SHY iShares 1-3 Year Treasury Bo 0.05% 2,470 $204K No change
VTI VG Morningstar TS MKT ETF-US 0.05% 628 $201K No change
BUR Burford Capital Ltd. 0.04% 43,000 $177K No change
GRAB Grab Holdings Ltd. Class A 0.04% 46,719 $171K No change
PLUG Plug Power Inc. filed as PLUG PWR INC 0.02% 35,850 $81K Reduce -1.7%
VIOT Viomi Technology Co. Ltd.-ADR 0.01% 34,000 $38K No change

Portfolio Sells Q4 2025 → Q1 2026
IJR iShares Core S&P Small-Cap E Sold out 0.00% −1.34
MU Micron Technology Inc. Reduce -49.8% 1.23% −0.87
META Meta Platforms Inc. Class A Reduce -26.9% 1.40% −0.84
GOOGL Alphabet Inc. Class A Reduce -5.9% 2.99% −0.52
IJS iShares S&P Small-Cap 600 Va Sold out 0.00% −0.23
PLTR Palantir Technologies Inc. Class A Reduce -1.3% 0.57% −0.14
IYH iShares U.S. Healthcare ETF Sold out 0.00% −0.13
SBSW Sibanye-Stillwater Ltd.-ADR Reduce -13.0% 0.17% −0.06
SE Sea Ltd.-ADR Sold out 0.00% −0.06
DASH DoorDash Inc. Class A Sold out 0.00% −0.06
ORCL Oracle Corp. Sold out 0.00% −0.05
CMI Cummins Inc. Sold out 0.00% −0.05
IEMG iShares Core MSCI Emerging Reduce -40.9% 0.05% −0.03
CRWD CrowdStrike Holdings Inc. Class A Reduce -19.9% 0.05% −0.03
AAPL Apple Inc. Reduce -8.7% 0.13% −0.02
PFE Pfizer Inc. Reduce -34.1% 0.05% −0.02
BABA Alibaba Group Holding-SP ADR Reduce -2.1% 0.09% −0.02
PLUG Plug Power Inc. Reduce -1.7% 0.02% +0.00
ICLN iShares Global Clean Energy Reduce -3.1% 0.13% +0.01

Portfolio Buys Q4 2025 → Q1 2026
VOO Vanguard S&P 500 ETF Add +25.1% 8.43% +1.25
CRM Salesforce Inc. New 0.68% +0.68
VRT Vertiv Holdings Co. Class A New 0.66% +0.66
ARM Arm Holdings PLC-ADR New 0.65% +0.65
MRVL Marvell Technology Inc. New 0.54% +0.54
CAT Caterpillar Inc. New 0.52% +0.52
TSM Taiwan Semiconductor-SP ADR Add +813.5% 0.49% +0.45
IPAC iShares Core MSCI Pacific Et Add +8.8% 3.97% +0.42
ANET Arista Networks Inc. New 0.42% +0.42
CARR Carrier Global Corp. Add +36.1% 1.41% +0.42
CEG Constellation Energy New 0.39% +0.39
PANW Palo Alto Networks Inc. New 0.38% +0.38
QCOM Qualcomm Inc. Add +994.1% 0.38% +0.33
PATH Uipath Inc. Class A New 0.32% +0.32
IREN Iren Ltd. New 0.32% +0.32
ZETA Zeta Global Holdings Corp. Class A New 0.32% +0.32
MDB Mongodb Inc. New 0.28% +0.28
IWM iShares Russell 2000 ETF Add +20.4% 1.72% +0.28
ROK Rockwell Automation Inc. Add +26.9% 1.79% +0.24
MOO Vaneck Agribusiness ETF Add +5.0% 1.20% +0.20
DE Deere & Co. Add +21.8% 0.43% +0.13
NVDA Nvidia Corp. Add +34.5% 0.46% +0.09
ASML ASML Holding NV-NY Reg SHS New 0.05% +0.05
EWY iShares MSCI South Korea ETF New 0.05% +0.05
AMZN Amazon.com Inc. Add +26.0% 0.15% +0.02
QQQ Invesco QQQ Trust Series 1 Add +7.0% 0.08% −0.00
BRK.B Berkshire Hathaway Inc. Class B Add +1.9% 0.14% −0.01
TSLA Tesla Inc. Add +7.1% 0.98% −0.14
V Visa Inc. Class A Add +1.2% 1.26% −0.21
MA Mastercard Inc. Class A Add +1.0% 1.62% −0.24
MSFT Microsoft Corp. Add +0.2% 1.83% −0.59
IVV iShares Core S&P 500 ETF Add +0.5% 36.28% −2.17

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