National Pension Service
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), National Pension Service reported 539 stock positions worth $83.3 billion. Its top holding was Microsoft (MSFT) at 5.7% of the portfolio, followed by Apple (AAPL, 5.1%) and Invesco MSCI USA ETF (PBUS, 4.9%). Compared with Q4 2023, it opened 41 new positions, sold out of 15, added to 330 and reduced 135. The biggest buy was Nvidia (NVDA, shares +2%) and the biggest sale an exit from Splunk (SPLK).
- Most Recent 13F
- Q2 2026
- Location
- JEONJU-SI, JEOLLABUK-DO, M5
- CIK
- 0001608046
- Portfolio Value
- $83.3B (Q1 2024)
- SEC Filing
- 0001608046-24-000004 ↗ filed May 14, 2024
Holdings Value
Holdings 539 stocks · $83.3B
| MSFT Microsoft Corp. | 5.70% | 11,289,086 | $4.7B | Add +1.9% |
| AAPL Apple Inc. | 5.13% | 24,928,025 | $4.3B | Add +1.6% |
| PBUS Invesco MSCI USA ETF | 4.89% | 77,712,742 | $4.1B | Add +7.9% |
| NVDA Nvidia Corp. | 4.34% | 4,005,841 | $3.6B | Add +1.9% |
| AMZN Amazon.com Inc. | 3.11% | 14,357,238 | $2.6B | Add +2.2% |
| IVV iShares Core S&P 500 ETF | 2.45% | 3,891,628 | $2.0B | Add +7.9% |
| META Meta Platforms Inc. Class A | 2.18% | 3,746,511 | $1.8B | Add +1.6% |
| GOOGL Alphabet Inc. Class A | 1.77% | 9,750,868 | $1.5B | Add +1.5% |
| GOOG Alphabet Inc. Class C | 1.59% | 8,692,497 | $1.3B | Add +0.8% |
| LLY Eli Lilly & Co. | 1.23% | 1,318,640 | $1.0B | Add +1.5% |
| AVGO Broadcom Inc. | 1.13% | 713,220 | $945.3M | Reduce 0.0% |
| JPM JPMorgan Chase & Co. | 1.08% | 4,505,219 | $902.4M | Add +0.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.98% | 1,940,408 | $816.0M | Add +1.9% |
| TSLA Tesla Inc. | 0.93% | 4,430,541 | $778.8M | Add +2.6% |
| XOM Exxon Mobil Corp. | 0.90% | 6,476,020 | $752.8M | Add +1.8% |
| UNH Unitedhealth Group Inc. | 0.87% | 1,457,298 | $720.9M | Add +1.2% |
| V Visa Inc. Class A | 0.86% | 2,570,965 | $717.5M | Add +1.0% |
| MA Mastercard Inc. Class A | 0.75% | 1,297,346 | $624.8M | Add +1.0% |
| JNJ Johnson & Johnson | 0.74% | 3,920,681 | $620.2M | Add +1.7% |
| HD Home Depot Inc. | 0.74% | 1,607,766 | $616.7M | Add +1.6% |
| PG The Procter & Gamble Co. | 0.70% | 3,616,752 | $586.8M | Add +1.4% |
| MRK Merck & Co. Inc. | 0.65% | 4,082,482 | $538.7M | Add +1.3% |
| ABBV Abbvie Inc. | 0.62% | 2,850,414 | $519.1M | Add +1.4% |
| COST Costco Wholesale Corp. | 0.60% | 681,554 | $499.3M | Add +0.9% |
| CRM Salesforce Inc. | 0.60% | 1,654,343 | $498.3M | Add +1.5% |
| AMD Advanced Micro Devices | 0.58% | 2,675,524 | $482.9M | Add +1.0% |
| CVX Chevron Corp. | 0.56% | 2,948,087 | $465.0M | Add +2.4% |
| NFLX Netflix Inc. | 0.56% | 763,298 | $463.6M | Add +0.7% |
| WMT Walmart Inc. | 0.54% | 7,427,047 | $446.9M | Add +1.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.53% | 11,580,472 | $439.1M | Add +1.2% |
| KO The Coca-Cola Co. | 0.47% | 6,396,197 | $391.3M | Add +1.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.47% | 3,183,991 | $389.6M | Add +1.5% |
| ADBE Adobe Inc. | 0.46% | 762,373 | $384.7M | Add +1.9% |
| LIN Linde PLC | 0.46% | 823,935 | $382.6M | New |
| ACN Accenture PLC Class A | 0.45% | 1,093,521 | $379.0M | New |
| PEP Pepsico Inc. | 0.45% | 2,145,143 | $375.4M | Add +1.6% |
| AMAT Applied Materials Inc. | 0.44% | 1,763,704 | $363.7M | Add +2.1% |
| MCD McDonald's Corp. | 0.44% | 1,289,696 | $363.6M | Add +2.3% |
| CSCO Cisco Systems Inc. | 0.43% | 7,224,709 | $360.6M | Add +2.5% |
| TMO Thermo Fisher Scientific Inc. | 0.42% | 605,538 | $351.9M | Add +1.4% |
| ORCL Oracle Corp. | 0.42% | 2,798,044 | $351.5M | Add +2.8% |
| INTU Intuit Inc. | 0.42% | 540,342 | $351.2M | Add +2.2% |
| QCOM Qualcomm Inc. | 0.42% | 2,063,884 | $349.4M | Add +1.6% |
| WFC Wells Fargo & Co. | 0.41% | 5,909,759 | $342.5M | Add +1.1% |
| VZ Verizon Communications Inc. | 0.40% | 7,907,514 | $331.8M | Add +1.3% |
| CAT Caterpillar Inc. | 0.40% | 901,804 | $330.4M | Reduce -0.2% |
| CMCSA Comcast Corp. Class A | 0.40% | 7,619,009 | $330.3M | Add +1.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.39% | 1,695,832 | $323.8M | Add +1.8% |
| ABT Abbott Laboratories | 0.37% | 2,734,692 | $310.8M | Add +1.2% |
| INTC Intel Corp. | 0.37% | 6,969,541 | $307.8M | Add +2.4% |
| DHR Danaher Corp. | 0.34% | 1,141,509 | $285.1M | Add +2.0% |
| TXN Texas Instruments Inc. | 0.33% | 1,573,319 | $274.1M | Add +2.7% |
| GE General Electric | 0.32% | 1,918,740 | $268.6M | Add +0.1% |
| PFE Pfizer Inc. | 0.32% | 9,577,592 | $265.8M | Add +2.9% |
| BKNG Booking Holdings Inc. | 0.32% | 72,721 | $263.8M | Add +0.5% |
| COP Conocophillips | 0.31% | 2,050,070 | $260.9M | Add +2.5% |
| AMGN Amgen Inc. | 0.31% | 905,737 | $257.5M | Add +1.0% |
| LOW Lowe's Cos Inc. | 0.31% | 1,003,833 | $255.7M | Add +1.9% |
| LRCX Lam Research Corp. | 0.30% | 260,221 | $252.8M | Add +0.6% |
| NOW ServiceNow Inc. | 0.30% | 329,354 | $251.1M | Add +1.1% |
| EWP iShares MSCI Spain ETF | 0.30% | 7,644,919 | $245.9M | Add +7.9% |
| UBER Uber Technologies Inc. | 0.29% | 3,168,829 | $244.0M | Reduce -0.5% |
| GS Goldman Sachs Group Inc. | 0.29% | 577,670 | $241.3M | Add +1.0% |
| ETN Eaton Corp. PLC | 0.29% | 763,505 | $238.7M | New |
| T AT&T Inc. | 0.28% | 13,427,373 | $236.3M | Add +1.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.28% | 2,312,373 | $234.5M | Add +2.5% |
| AXP American Express Co. | 0.28% | 1,022,225 | $232.8M | Reduce -0.1% |
| PM Philip Morris International | 0.28% | 2,540,256 | $232.7M | Add +2.0% |
| UNP Union Pacific Corp. | 0.28% | 936,095 | $230.2M | Reduce -0.3% |
| SYK Stryker Corp. | 0.27% | 636,876 | $227.9M | Add +1.6% |
| MU Micron Technology Inc. | 0.27% | 1,907,141 | $224.8M | Add +1.6% |
| PLD Prologis Inc. | 0.27% | 1,713,422 | $223.1M | Add +2.5% |
| ISRG Intuitive Surgical Inc. | 0.27% | 558,775 | $223.0M | Add +0.6% |
| RTX RTX Corp. | 0.27% | 2,264,953 | $220.9M | Reduce -0.8% |
| NEE Nextera Energy Inc. | 0.26% | 3,447,638 | $220.3M | Add +2.6% |
| ELV Elevance Health Inc. | 0.26% | 409,897 | $212.5M | Add +1.1% |
| HON Honeywell International Inc. | 0.25% | 1,033,506 | $212.1M | Add +0.3% |
| BSX Boston Scientific Corp. | 0.25% | 3,085,246 | $211.3M | Add +2.3% |
| C Citigroup Inc. | 0.25% | 3,324,281 | $210.2M | Reduce -0.3% |
| SPGI S&P Global Inc. | 0.25% | 493,038 | $209.8M | Add +0.5% |
| BMY Bristol-Myers Squibb Co. | 0.25% | 3,852,631 | $208.9M | Add +3.0% |
| BLK BlackRock Finance Inc. | 0.25% | 247,422 | $206.3M | Add +1.1% |
| MDT Medtronic PLC | 0.24% | 2,275,786 | $198.3M | New |
| CI The Cigna Group | 0.24% | 545,697 | $198.2M | Add +1.4% |
| NKE Nike Inc. Class B | 0.24% | 2,086,557 | $196.1M | Add +1.9% |
| MPC Marathon Petroleum Corp. | 0.23% | 970,959 | $195.6M | Add +0.2% |
| CDNS Cadence Design SYS Inc. | 0.23% | 626,944 | $195.2M | Add +1.8% |
| MS Morgan Stanley | 0.23% | 2,055,561 | $193.6M | Add +1.7% |
| PCAR Paccar Inc. | 0.23% | 1,552,737 | $192.4M | Add +0.6% |
| VRTX Vertex Pharmaceuticals Inc. | 0.23% | 454,536 | $190.0M | Add +0.9% |
| CVS CVS Health Corp. | 0.23% | 2,355,753 | $187.9M | Add +2.0% |
| CMG Chipotle Mexican Grill Inc. | 0.22% | 63,447 | $184.4M | Add +1.5% |
| PGR Progressive Corp. | 0.22% | 884,686 | $183.0M | Reduce -0.1% |
| DE Deere & Co. | 0.22% | 444,165 | $182.4M | Reduce -0.1% |
| CB Chubb Ltd. | 0.22% | 703,142 | $182.2M | New |
| KLAC KLA Corp. | 0.22% | 260,496 | $182.0M | Add +0.6% |
| SBUX Starbucks Corp. | 0.22% | 1,989,762 | $181.8M | Add +2.8% |
| ADI Analog Devices Inc. | 0.22% | 919,081 | $181.8M | Add +1.8% |
| SNPS Synopsys Inc. | 0.22% | 317,703 | $181.6M | Add +1.9% |
| REGN Regeneron Pharmaceuticals | 0.22% | 187,749 | $180.7M | Add +0.8% |
Portfolio Sells Q4 2023 → Q1 2024
| SPLK Splunk Inc. | Sold out | 0.00% | −0.06 |
| UNP Union Pacific Corp. | Reduce -0.3% | 0.28% | −0.04 |
| ENPH Enphase Energy Inc. | Reduce -98.3% | 0.00% | −0.04 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -95.1% | 0.00% | −0.04 |
| RIVN Rivian Automotive Inc. Class A | Sold out | 0.00% | −0.04 |
| OKTA Okta Inc. | Sold out | 0.00% | −0.03 |
| WPC WP Carey Inc. | Reduce -81.3% | 0.01% | −0.03 |
| RVTY Revvity Inc. | Reduce -100.0% | 0.00% | −0.03 |
| FWONK Liberty Media Corp. Class C | Reduce -99.9% | 0.00% | −0.03 |
| LMT Lockheed Martin Corp. | Reduce -0.5% | 0.20% | −0.03 |
| GLPI Gaming and Leisure Propertie | Reduce -73.9% | 0.01% | −0.03 |
| EXAS Exact Sciences Corp. | Sold out | 0.00% | −0.03 |
| LKQ LKQ Corp. | Reduce -90.2% | 0.00% | −0.03 |
| ALB Albemarle Corp. | Reduce -98.0% | 0.00% | −0.03 |
| EQT Eqt Corp. | Reduce -99.8% | 0.00% | −0.03 |
| KMX Carmax Inc. | Sold out | 0.00% | −0.03 |
| TRU Transunion | Sold out | 0.00% | −0.03 |
| LNT Alliant Energy Corp. | Sold out | 0.00% | −0.03 |
| DE Deere & Co. | Reduce -0.1% | 0.22% | −0.03 |
| APA Apa Corp. | Reduce -99.8% | 0.00% | −0.03 |
| PAYC Paycom Software Inc. | Sold out | 0.00% | −0.02 |
| TEAM Atlassian Corp. Class A | Reduce -0.5% | 0.05% | −0.02 |
| CSX CSX Corp. | Reduce -0.7% | 0.18% | −0.02 |
| EXPE Expedia Group Inc. | Reduce -10.1% | 0.04% | −0.02 |
| PINS Pinterest Inc. Class A | Reduce -12.2% | 0.04% | −0.02 |
| ZS Zscaler Inc. | Reduce -10.0% | 0.03% | −0.02 |
| LHX L3HARRIS Technologies Inc. | Reduce -1.5% | 0.09% | −0.02 |
| MDB Mongodb Inc. | Reduce -0.4% | 0.04% | −0.01 |
| EXR Extra Space Storage Inc. | Reduce -0.1% | 0.05% | −0.01 |
| DLTR Dollar Tree Inc. | Reduce -3.6% | 0.04% | −0.01 |
| TTWO Take-Two Interactive Softwre | Reduce -0.8% | 0.04% | −0.01 |
| PDD PDD Holdings Inc. | Reduce -1.3% | 0.02% | −0.01 |
| NSC Norfolk Southern Corp. | Reduce -0.8% | 0.13% | −0.01 |
| AKAM Akamai Technologies Inc. | Reduce -2.1% | 0.04% | −0.01 |
| GD General Dynamics Corp. | Reduce -1.1% | 0.14% | −0.01 |
| KEYS Keysight Technologies Inc. | Reduce -1.3% | 0.05% | −0.01 |
| DDOG Datadog Inc. Class A | Reduce -4.4% | 0.05% | −0.01 |
| KHC The Kraft Heinz Co. | Reduce -0.7% | 0.06% | −0.01 |
| IT Gartner Inc. | Reduce -4.2% | 0.06% | −0.01 |
| FICO Fair Isaac Corp. | Reduce -6.1% | 0.06% | −0.01 |
| EXPD Expeditors Intl Wash Inc. | Reduce -2.5% | 0.03% | −0.01 |
| MPWR Monolithic Power Systems Inc. | Reduce -5.5% | 0.05% | −0.01 |
| BR Broadridge Financial Solutio | Reduce -0.7% | 0.04% | −0.01 |
| STT State Street Corp. | Reduce -0.8% | 0.04% | −0.01 |
| FDS Factset Research Systems Inc. | Reduce -0.7% | 0.03% | −0.01 |
| GPN Global Payments Inc. | Reduce -0.3% | 0.07% | −0.01 |
| EFX Equifax Inc. | Reduce -5.8% | 0.05% | −0.01 |
| CBOE Cboe Global Markets Inc. | Reduce -3.5% | 0.04% | −0.01 |
| WAT Waters Corp. | Reduce -3.8% | 0.04% | −0.01 |
| XYZ Block Inc. | Reduce -0.4% | 0.09% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| NVDA Nvidia Corp. | Add +1.9% | 4.34% | +1.63 |
| LIN Linde PLC | New | 0.46% | +0.46 |
| ACN Accenture PLC Class A | New | 0.45% | +0.45 |
| META Meta Platforms Inc. Class A | Add +1.6% | 2.18% | +0.37 |
| ETN Eaton Corp. PLC | New | 0.29% | +0.29 |
| MDT Medtronic PLC | New | 0.24% | +0.24 |
| CB Chubb Ltd. | New | 0.22% | +0.22 |
| NXPI NXP Semiconductors NV | New | 0.22% | +0.22 |
| TT Trane Technologies PLC | New | 0.19% | +0.19 |
| LLY Eli Lilly & Co. | Add +1.5% | 1.23% | +0.18 |
| AON Aon PLC Class A | New | 0.15% | +0.15 |
| AMZN Amazon.com Inc. | Add +2.2% | 3.11% | +0.14 |
| JCI Johnson Controls Internation | New | 0.13% | +0.13 |
| TEL Te Connectivity Ltd. | New | 0.12% | +0.12 |
| PBUS Invesco MSCI USA ETF | Add +7.9% | 4.89% | +0.10 |
| FLUT Flutter Entertainment PLC-Di | New | 0.08% | +0.08 |
| FERG Ferguson Jersey Ltd. | New | 0.08% | +0.08 |
| DIS The Walt Disney Co. | Add +1.5% | 0.47% | +0.07 |
| ACGL Arch Capital Group Ltd. | New | 0.06% | +0.06 |
| RCL Royal Caribbean Cruises Ltd. | New | 0.06% | +0.06 |
| IVV iShares Core S&P 500 ETF | Add +7.9% | 2.45% | +0.06 |
| LYB Lyondellbasell Indu Class A | New | 0.05% | +0.05 |
| WTW Willis Towers Watson PLC | New | 0.05% | +0.05 |
| VRT Vertiv Holdings Co. Class A | New | 0.05% | +0.05 |
| MU Micron Technology Inc. | Add +1.6% | 0.27% | +0.05 |
| AMAT Applied Materials Inc. | Add +2.1% | 0.44% | +0.05 |
| GRMN Garmin Ltd. | New | 0.04% | +0.04 |
| VST Vistra Corp. | New | 0.04% | +0.04 |
| NFLX Netflix Inc. | Add +0.7% | 0.56% | +0.04 |
| CHKP Check Point Software Tech | New | 0.04% | +0.04 |
| APTV Aptiv Irish Holdings Ltd. | New | 0.04% | +0.04 |
| STE Steris PLC | New | 0.04% | +0.04 |
| BG Bunge Global SA | New | 0.04% | +0.04 |
| EG Everest Group Ltd. | New | 0.04% | +0.04 |
| AMD Advanced Micro Devices | Add +1.0% | 0.58% | +0.04 |
| CCEP Coca-Cola Europacific Partne | New | 0.04% | +0.04 |
| GDDY GoDaddy Inc. Class A | Add +676.4% | 0.04% | +0.04 |
| MPC Marathon Petroleum Corp. | Add +0.2% | 0.23% | +0.03 |
| MAS Masco Corp. | Add +971.4% | 0.04% | +0.03 |
| MRK Merck & Co. Inc. | Add +1.3% | 0.65% | +0.03 |
| AER Aercap Holdings NV | New | 0.03% | +0.03 |
| LDOS Leidos Holdings Inc. | Add +67331.1% | 0.03% | +0.03 |
| RBLX Roblox Corp. Class A | New | 0.03% | +0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +1.9% | 0.98% | +0.03 |
| MANH Manhattan Associates Inc. | New | 0.03% | +0.03 |
| LII Lennox International Inc. | New | 0.03% | +0.03 |
| GGG Graco Inc. | Add +3443.2% | 0.03% | +0.03 |
| L Loews Corp. | Add +2794.5% | 0.03% | +0.03 |
| RPM RPM International Inc. | New | 0.03% | +0.03 |
| OC Owens Corning | New | 0.03% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 551 | $155.1B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q1 2026 | 562 | $131.7B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025 | 561 | $135.1B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 552 | $128.8B | NVDA, AAPL, MSFT, AMZN, META |
| Q2 2025 | 534 | $115.8B | NVDA, MSFT, AAPL, PBUS, AMZN |
| Q1 2025 | 540 | $104.0B | AAPL, NVDA, MSFT, PBUS, AMZN |
| Q4 2024 | 550 | $105.7B | AAPL, NVDA, MSFT, PBUS, AMZN |
| Q3 2024 | 511 | $103.7B | AAPL, NVDA, MSFT, PBUS, AMZN |
| Q2 2024 | 546 | $87.0B | AAPL, MSFT, NVDA, PBUS, AMZN |
| Q1 2024 | 539 | $83.3B | MSFT, AAPL, PBUS, NVDA, AMZN |