National Pension Service
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 13, 2024), National Pension Service reported 546 stock positions worth $87.0 billion. Its top holding was Apple (AAPL) at 5.9% of the portfolio, followed by Microsoft (MSFT, 5.9%) and Nvidia (NVDA, 5.8%). Compared with Q1 2024, it opened 17 new positions, sold out of 13, added to 348 and reduced 130. The biggest buy was Nvidia (NVDA, shares +3%) and the biggest sale Invesco MSCI USA ETF (PBUS, shares −7%).
- Most Recent 13F
- Q2 2026
- Location
- JEONJU-SI, JEOLLABUK-DO, M5
- CIK
- 0001608046
- Portfolio Value
- $87.0B (Q2 2024)
- SEC Filing
- 0001608046-24-000005 ↗ filed Aug 13, 2024
Holdings Value
Holdings 546 stocks · $87.0B
| AAPL Apple Inc. | 5.92% | 24,466,074 | $5.2B | Reduce -1.9% |
| MSFT Microsoft Corp. | 5.92% | 11,521,978 | $5.1B | Add +2.1% |
| NVDA Nvidia Corp. | 5.83% | 41,102,034 | $5.1B | Add +2.6% |
| PBUS Invesco MSCI USA ETF | 4.52% | 72,309,919 | $3.9B | Reduce -7.0% |
| AMZN Amazon.com Inc. | 3.24% | 14,598,740 | $2.8B | Add +1.7% |
| IVV iShares Core S&P 500 ETF | 2.59% | 4,119,355 | $2.3B | Add +5.8% |
| META Meta Platforms Inc. Class A | 2.18% | 3,767,194 | $1.9B | Add +0.6% |
| GOOGL Alphabet Inc. Class A | 2.06% | 9,831,748 | $1.8B | Add +0.8% |
| GOOG Alphabet Inc. Class C | 1.83% | 8,684,866 | $1.6B | Reduce -0.1% |
| LLY Eli Lilly & Co. | 1.39% | 1,340,241 | $1.2B | Add +1.6% |
| JPM JPMorgan Chase & Co. | 1.06% | 4,561,846 | $922.7M | Add +1.3% |
| TSLA Tesla Inc. | 1.02% | 4,493,940 | $889.3M | Add +1.4% |
| XOM Exxon Mobil Corp. | 0.98% | 7,442,295 | $856.8M | Add +14.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.93% | 1,980,817 | $805.8M | Add +2.1% |
| UNH Unitedhealth Group Inc. | 0.87% | 1,482,074 | $754.8M | Add +1.7% |
| V Visa Inc. Class A | 0.78% | 2,600,714 | $682.6M | Add +1.2% |
| PG The Procter & Gamble Co. | 0.71% | 3,741,349 | $617.0M | Add +3.4% |
| COST Costco Wholesale Corp. | 0.69% | 704,043 | $598.4M | Add +3.3% |
| JNJ Johnson & Johnson | 0.67% | 3,997,389 | $584.3M | Add +2.0% |
| MA Mastercard Inc. Class A | 0.67% | 1,317,620 | $581.3M | Add +1.6% |
| HD Home Depot Inc. | 0.64% | 1,620,269 | $557.8M | Add +0.8% |
| WMT Walmart Inc. | 0.59% | 7,641,413 | $517.4M | Add +2.9% |
| NFLX Netflix Inc. | 0.59% | 761,991 | $514.3M | Reduce -0.2% |
| MRK Merck & Co. Inc. | 0.59% | 4,151,088 | $513.9M | Add +1.7% |
| ABBV Abbvie Inc. | 0.57% | 2,910,745 | $499.3M | Add +2.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.54% | 11,719,147 | $466.1M | Add +1.2% |
| CVX Chevron Corp. | 0.53% | 2,923,698 | $457.3M | Reduce -0.8% |
| AMD Advanced Micro Devices | 0.51% | 2,739,642 | $444.4M | Add +2.4% |
| CRM Salesforce Inc. | 0.50% | 1,693,688 | $435.4M | Add +2.4% |
| ADBE Adobe Inc. | 0.50% | 776,444 | $431.3M | Add +1.9% |
| KO The Coca-Cola Co. | 0.48% | 6,612,288 | $420.9M | Add +3.4% |
| AMAT Applied Materials Inc. | 0.48% | 1,774,511 | $418.8M | Add +0.6% |
| QCOM Qualcomm Inc. | 0.48% | 2,079,641 | $414.2M | Add +0.8% |
| ORCL Oracle Corp. | 0.46% | 2,844,857 | $401.7M | Add +1.7% |
| PEP Pepsico Inc. | 0.42% | 2,224,876 | $366.9M | Add +3.7% |
| INTU Intuit Inc. | 0.42% | 551,910 | $362.7M | Add +2.1% |
| LIN Linde PLC | 0.41% | 822,765 | $361.0M | Reduce -0.1% |
| CSCO Cisco Systems Inc. | 0.40% | 7,395,430 | $351.4M | Add +2.4% |
| WFC Wells Fargo & Co. | 0.40% | 5,892,176 | $349.9M | Reduce -0.3% |
| ACN Accenture PLC Class A | 0.39% | 1,124,678 | $341.2M | Add +2.9% |
| TMO Thermo Fisher Scientific Inc. | 0.39% | 614,321 | $339.7M | Add +1.4% |
| MCD McDonald's Corp. | 0.38% | 1,305,825 | $332.8M | Add +1.3% |
| VZ Verizon Communications Inc. | 0.38% | 8,038,124 | $331.5M | Add +1.6% |
| TSPA T Rowe Price US Eqy Research | 0.38% | 9,513,375 | $327.2M | New |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.37% | 3,230,809 | $320.8M | Add +1.5% |
| TXN Texas Instruments Inc. | 0.36% | 1,595,257 | $310.3M | Add +1.4% |
| GE General Electric filed as GE AEROSPACE | 0.35% | 1,928,386 | $306.6M | Add +0.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.35% | 1,741,562 | $301.2M | Add +2.7% |
| CAT Caterpillar Inc. | 0.35% | 904,027 | $301.1M | Add +0.3% |
| CMCSA Comcast Corp. Class A | 0.34% | 7,665,945 | $300.2M | Add +0.6% |
| ABT Abbott Laboratories | 0.33% | 2,803,908 | $291.4M | Add +2.5% |
| DHR Danaher Corp. | 0.33% | 1,164,628 | $291.0M | Add +2.0% |
| AMGN Amgen Inc. | 0.33% | 926,058 | $289.3M | Add +2.2% |
| BKNG Booking Holdings Inc. | 0.33% | 72,327 | $286.5M | Reduce -0.5% |
| LRCX Lam Research Corp. | 0.32% | 262,306 | $279.3M | Add +0.8% |
| PFE Pfizer Inc. | 0.31% | 9,754,249 | $272.9M | Add +1.8% |
| NOW ServiceNow Inc. | 0.31% | 338,540 | $266.3M | Add +2.8% |
| PM Philip Morris International | 0.31% | 2,623,751 | $265.9M | Add +3.3% |
| GS Goldman Sachs Group Inc. | 0.30% | 581,577 | $263.1M | Add +0.7% |
| T AT&T Inc. | 0.30% | 13,617,691 | $260.2M | Add +1.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.29% | 2,321,697 | $255.6M | Add +0.4% |
| ISRG Intuitive Surgical Inc. | 0.29% | 569,281 | $253.2M | Add +1.9% |
| EWP iShares MSCI Spain ETF | 0.29% | 8,092,278 | $252.6M | Add +5.8% |
| MU Micron Technology Inc. | 0.29% | 1,906,856 | $250.8M | Reduce -0.0% |
| NEE Nextera Energy Inc. | 0.28% | 3,468,770 | $245.6M | Add +0.6% |
| ETN Eaton Corp. PLC | 0.28% | 766,439 | $240.3M | Add +0.4% |
| BSX Boston Scientific Corp. | 0.28% | 3,120,364 | $240.3M | Add +1.1% |
| COP Conocophillips | 0.27% | 2,055,402 | $235.1M | Add +0.3% |
| UBER Uber Technologies Inc. | 0.27% | 3,226,450 | $234.5M | Add +1.8% |
| AXP American Express Co. | 0.26% | 994,604 | $230.3M | Reduce -2.7% |
| INTC Intel Corp. | 0.26% | 7,310,943 | $226.4M | Add +4.9% |
| ELV Elevance Health Inc. | 0.26% | 414,293 | $224.5M | Add +1.1% |
| PANW Palo Alto Networks Inc. | 0.26% | 661,918 | $224.4M | Add +5.0% |
| SPGI S&P Global Inc. | 0.26% | 501,383 | $223.6M | Add +1.7% |
| LOW Lowe's Cos Inc. | 0.26% | 1,011,796 | $223.1M | Add +0.8% |
| SYK Stryker Corp. | 0.25% | 650,174 | $221.2M | Add +2.1% |
| HON Honeywell International Inc. | 0.25% | 1,029,706 | $219.9M | Reduce -0.4% |
| RTX RTX Corp. | 0.25% | 2,170,082 | $217.9M | Reduce -4.2% |
| VRTX Vertex Pharmaceuticals Inc. | 0.25% | 461,645 | $216.4M | Add +1.6% |
| UNP Union Pacific Corp. | 0.25% | 950,651 | $215.1M | Add +1.6% |
| KLAC KLA Corp. | 0.25% | 260,607 | $214.9M | Add +0.0% |
| C Citigroup Inc. | 0.25% | 3,365,162 | $213.6M | Add +1.2% |
| ADI Analog Devices Inc. | 0.24% | 927,388 | $211.7M | Add +0.9% |
| MS Morgan Stanley | 0.23% | 2,074,513 | $201.6M | Add +0.9% |
| REGN Regeneron Pharmaceuticals | 0.23% | 191,160 | $200.9M | Add +1.8% |
| PLD Prologis Inc. | 0.23% | 1,777,525 | $199.6M | Add +3.7% |
| BLK BlackRock Finance Inc. | 0.23% | 252,522 | $198.8M | Add +2.1% |
| CMG Chipotle Mexican Grill Inc. | 0.23% | 3,164,500 | $198.3M | Reduce -0.3% |
| NXPI NXP Semiconductors NV | 0.23% | 732,099 | $197.0M | Add +0.7% |
| CDNS Cadence Design SYS Inc. | 0.23% | 639,157 | $196.7M | Add +1.9% |
| TMUS T-Mobile US Inc. | 0.22% | 1,094,224 | $192.8M | Add +1.4% |
| SNPS Synopsys Inc. | 0.22% | 323,765 | $192.7M | Add +1.9% |
| ANET Arista Networks Inc. | 0.22% | 549,085 | $192.4M | Add +1.1% |
| MCK McKesson Corp. | 0.22% | 328,088 | $191.6M | Add +0.1% |
| PGR Progressive Corp. | 0.21% | 897,741 | $186.5M | Add +1.5% |
| MDT Medtronic PLC | 0.21% | 2,330,065 | $183.4M | Add +2.4% |
| CB Chubb Ltd. | 0.21% | 712,655 | $181.8M | Add +1.4% |
| CI The Cigna Group | 0.21% | 546,090 | $180.5M | Add +0.1% |
| APH Amphenol Corp. Class A | 0.21% | 2,669,294 | $179.8M | Add +0.3% |
| SCHW Schwab (charles) Corp. | 0.21% | 2,432,624 | $179.3M | Add +1.4% |
Portfolio Sells Q1 2024 → Q2 2024
| PBUS Invesco MSCI USA ETF | Reduce -7.0% | 4.52% | −0.37 |
| PXD Pioneer Natural Resources Co. | Sold out | 0.00% | −0.15 |
| FLUT Flutter Entertainment PLC-Di | Sold out | 0.00% | −0.08 |
| ACGL Arch Capital Group Ltd. | Sold out | 0.00% | −0.06 |
| MPC Marathon Petroleum Corp. | Reduce -2.3% | 0.19% | −0.05 |
| LIN Linde PLC | Reduce -0.1% | 0.41% | −0.04 |
| JBL Jabil Inc. | Sold out | 0.00% | −0.04 |
| WBA Walgreens Boots Alliance Inc. | Reduce -74.0% | 0.01% | −0.04 |
| POOL Pool Corp. | Sold out | 0.00% | −0.03 |
| VTRS Viatris Inc. | Reduce -60.3% | 0.02% | −0.03 |
| AKAM Akamai Technologies Inc. | Reduce -84.5% | 0.00% | −0.03 |
| EPAM Epam Systems Inc. | Reduce -97.0% | 0.00% | −0.03 |
| CVX Chevron Corp. | Reduce -0.8% | 0.53% | −0.03 |
| CF CF Industries Holdings Inc. | Reduce -77.6% | 0.01% | −0.03 |
| LW Lamb Weston Holdings Inc. | Reduce -83.2% | 0.00% | −0.03 |
| GGG Graco Inc. | Reduce -97.2% | 0.00% | −0.03 |
| HST Host Hotels & Resorts Inc. | Reduce -72.7% | 0.01% | −0.03 |
| SWK Stanley Black & Decker Inc. | Sold out | 0.00% | −0.03 |
| JBHT Hunt (jb) Transprt SVCS Inc. | Sold out | 0.00% | −0.03 |
| BF.B Brown-Forman Corp. Class B | Sold out | 0.00% | −0.03 |
| NBIX Neurocrine Biosciences Inc. | Reduce -99.9% | 0.00% | −0.03 |
| SJM The JM Smucker Co. | Reduce -85.2% | 0.00% | −0.03 |
| DT Dynatrace Inc. | Sold out | 0.00% | −0.03 |
| VLO Valero Energy Corp. | Reduce -1.5% | 0.16% | −0.02 |
| COIN Coinbase Global Inc. Class A | Reduce -9.4% | 0.06% | −0.02 |
| GM General Motors Co. | Reduce -7.0% | 0.15% | −0.01 |
| RTX RTX Corp. | Reduce -4.2% | 0.25% | −0.01 |
| AXP American Express Co. | Reduce -2.7% | 0.26% | −0.01 |
| URI United Rentals Inc. | Reduce -0.4% | 0.08% | −0.01 |
| STLD Steel Dynamics Inc. | Reduce -2.3% | 0.05% | −0.01 |
| PHM Pultegroup Inc. | Reduce -1.4% | 0.07% | −0.01 |
| SOLV Solventum Corp. | Reduce -54.9% | 0.01% | −0.01 |
| MLM Martin Marietta Materials | Reduce -1.7% | 0.05% | −0.01 |
| CMI Cummins Inc. | Reduce -2.6% | 0.07% | −0.01 |
| WFC Wells Fargo & Co. | Reduce -0.3% | 0.40% | −0.01 |
| VMC Vulcan Materials Co. | Reduce -2.1% | 0.05% | −0.01 |
| HUBB Hubbell Inc. | Reduce -0.8% | 0.04% | −0.01 |
| PWR Quanta Services Inc. | Reduce -6.1% | 0.05% | −0.01 |
| WM Waste Management Inc. | Reduce -0.0% | 0.16% | −0.01 |
| IR Ingersoll-Rand Inc. | Reduce -2.1% | 0.05% | −0.01 |
| DVN Devon Energy Corp. | Reduce -2.2% | 0.05% | −0.01 |
| NVR NVR Inc. | Reduce -1.1% | 0.05% | −0.01 |
| TXT Textron Inc. | Reduce -0.1% | 0.04% | −0.01 |
| EBAY eBay Inc. | Reduce -7.2% | 0.05% | −0.01 |
| BALL Ball Corp. | Reduce -0.2% | 0.03% | −0.01 |
| FANG Diamondback Energy Inc. | Reduce -5.4% | 0.06% | −0.01 |
| DD Dupont DE Nemours Inc. | Reduce -10.0% | 0.05% | −0.01 |
| AXON Axon Enterprise Inc. | Reduce -2.3% | 0.04% | −0.01 |
| HIG Hartford Insurance Group Inc. | Reduce -2.6% | 0.05% | −0.01 |
| AMP Ameriprise Financial Inc. | Reduce -0.4% | 0.07% | −0.01 |
Portfolio Buys Q1 2024 → Q2 2024
| NVDA Nvidia Corp. | Add +2.6% | 5.83% | +1.49 |
| TSPA T Rowe Price US Eqy Research | New | 0.38% | +0.38 |
| GOOGL Alphabet Inc. Class A | Add +0.8% | 2.06% | +0.29 |
| MSFT Microsoft Corp. | Add +2.1% | 5.92% | +0.22 |
| LLY Eli Lilly & Co. | Add +1.6% | 1.39% | +0.16 |
| IVV iShares Core S&P 500 ETF | Add +5.8% | 2.59% | +0.13 |
| AMZN Amazon.com Inc. | Add +1.7% | 3.24% | +0.13 |
| CRH CRH PLC | New | 0.13% | +0.13 |
| TGRW T Rowe Price Growth Stock Et | New | 0.13% | +0.13 |
| TDVG T Rowe Price Dividend Growth | New | 0.12% | +0.12 |
| COST Costco Wholesale Corp. | Add +3.3% | 0.69% | +0.09 |
| TSLA Tesla Inc. | Add +1.4% | 1.02% | +0.09 |
| XOM Exxon Mobil Corp. | Add +14.9% | 0.98% | +0.08 |
| WMT Walmart Inc. | Add +2.9% | 0.59% | +0.06 |
| QCOM Qualcomm Inc. | Add +0.8% | 0.48% | +0.06 |
| AMAT Applied Materials Inc. | Add +0.6% | 0.48% | +0.04 |
| PANW Palo Alto Networks Inc. | Add +5.0% | 0.26% | +0.04 |
| ORCL Oracle Corp. | Add +1.7% | 0.46% | +0.04 |
| MSTR Strategy Inc. | New | 0.04% | +0.04 |
| P Everpure Inc. Class A | New | 0.04% | +0.04 |
| ADBE Adobe Inc. | Add +1.9% | 0.50% | +0.03 |
| ZBRA Zebra Technologies Corp. Class A | Add +1945.5% | 0.04% | +0.03 |
| OKTA Okta Inc. | New | 0.03% | +0.03 |
| APP AppLovin Corp. Class A | New | 0.03% | +0.03 |
| ANET Arista Networks Inc. | Add +1.1% | 0.22% | +0.03 |
| GEN Gen Digital Inc. | Add +45539.0% | 0.03% | +0.03 |
| FWONK Liberty Media Corp. Class C | Add +107709.5% | 0.03% | +0.03 |
| BURL Burlington Stores Inc. | New | 0.03% | +0.03 |
| EME Emcor Group Inc. | New | 0.03% | +0.03 |
| EQT Eqt Corp. | Add +50735.7% | 0.03% | +0.03 |
| UTHR United Therapeutics Corp. | New | 0.03% | +0.03 |
| GE General Electric | Add +0.5% | 0.35% | +0.03 |
| ENPH Enphase Energy Inc. | Add +6471.3% | 0.03% | +0.03 |
| WSO Watsco Inc. | New | 0.03% | +0.03 |
| KLAC KLA Corp. | Add +0.0% | 0.25% | +0.03 |
| NRG NRG Energy Inc. | New | 0.03% | +0.03 |
| TRU Transunion | New | 0.03% | +0.03 |
| TPL Texas Pacific Land Corp. | New | 0.03% | +0.03 |
| ROL Rollins Inc. | New | 0.03% | +0.03 |
| TXN Texas Instruments Inc. | Add +1.4% | 0.36% | +0.03 |
| AMCR Amcor PLC | Add +200602.8% | 0.03% | +0.03 |
| IP International Paper Co. | Add +308581.4% | 0.03% | +0.03 |
| PM Philip Morris International | Add +3.3% | 0.31% | +0.03 |
| ADI Analog Devices Inc. | Add +0.9% | 0.24% | +0.03 |
| AMGN Amgen Inc. | Add +2.2% | 0.33% | +0.02 |
| ISRG Intuitive Surgical Inc. | Add +1.9% | 0.29% | +0.02 |
| BSX Boston Scientific Corp. | Add +1.1% | 0.28% | +0.02 |
| APH Amphenol Corp. Class A | Add +0.3% | 0.21% | +0.02 |
| ALNY Alnylam Pharmaceuticals Inc. | Add +5.5% | 0.05% | +0.02 |
| VRTX Vertex Pharmaceuticals Inc. | Add +1.6% | 0.25% | +0.02 |
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 |