National Pension Service
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 30, 2024), National Pension Service reported 511 stock positions worth $103.7 billion. Its top holding was Apple (AAPL) at 6.3% of the portfolio, followed by Nvidia (NVDA, 5.5%) and Microsoft (MSFT, 5.5%). Compared with Q2 2024, it opened 10 new positions, sold out of 45, added to 398 and reduced 75. The biggest buy was Broadcom (AVGO, shares +15%) and the biggest sale an exit from Lam Research (LRCX).
- Most Recent 13F
- Q2 2026
- Location
- JEONJU-SI, JEOLLABUK-DO, M5
- CIK
- 0001608046
- Portfolio Value
- $103.7B (Q3 2024)
- SEC Filing
- 0001608046-24-000012 ↗ filed Oct 30, 2024
Holdings Value
Holdings 511 stocks · $103.7B
| AAPL Apple Inc. | 6.27% | 27,882,996 | $6.5B | Add +14.0% |
| NVDA Nvidia Corp. | 5.53% | 47,220,708 | $5.7B | Add +14.9% |
| MSFT Microsoft Corp. | 5.49% | 13,229,414 | $5.7B | Add +14.8% |
| PBUS Invesco MSCI USA ETF | 4.00% | 72,309,919 | $4.2B | No change |
| AMZN Amazon.com Inc. | 3.04% | 16,920,526 | $3.2B | Add +15.9% |
| META Meta Platforms Inc. Class A | 2.38% | 4,318,046 | $2.5B | Add +14.6% |
| IVV iShares Core S&P 500 ETF | 2.29% | 4,119,355 | $2.4B | No change |
| GOOGL Alphabet Inc. Class A | 1.80% | 11,282,407 | $1.9B | Add +14.8% |
| GOOG Alphabet Inc. Class C | 1.60% | 9,903,537 | $1.7B | Add +14.0% |
| AVGO Broadcom Inc. | 1.38% | 8,273,157 | $1.4B | Add +14.5% |
| LLY Eli Lilly & Co. | 1.32% | 1,544,484 | $1.4B | Add +15.2% |
| TSLA Tesla Inc. | 1.31% | 5,182,657 | $1.4B | Add +15.3% |
| JPM JPMorgan Chase & Co. | 1.07% | 5,259,001 | $1.1B | Add +15.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.02% | 2,296,732 | $1.1B | Add +15.9% |
| XOM Exxon Mobil Corp. | 0.96% | 8,523,462 | $999.1M | Add +14.5% |
| UNH Unitedhealth Group Inc. | 0.96% | 1,704,560 | $996.6M | Add +15.0% |
| V Visa Inc. Class A | 0.78% | 2,959,960 | $813.8M | Add +13.8% |
| HD Home Depot Inc. | 0.73% | 1,858,658 | $753.1M | Add +14.7% |
| PG The Procter & Gamble Co. | 0.72% | 4,305,077 | $745.6M | Add +15.1% |
| MA Mastercard Inc. Class A | 0.72% | 1,506,270 | $743.8M | Add +14.3% |
| JNJ Johnson & Johnson | 0.71% | 4,567,654 | $740.2M | Add +14.3% |
| COST Costco Wholesale Corp. | 0.69% | 812,686 | $720.5M | Add +15.4% |
| WMT Walmart Inc. | 0.68% | 8,783,578 | $709.3M | Add +14.9% |
| ABBV Abbvie Inc. | 0.64% | 3,351,522 | $661.9M | Add +15.1% |
| NFLX Netflix Inc. | 0.59% | 868,368 | $615.9M | Add +14.0% |
| ORCL Oracle Corp. | 0.53% | 3,238,861 | $551.9M | Add +13.8% |
| KO The Coca-Cola Co. | 0.53% | 7,617,098 | $547.4M | Add +15.2% |
| MRK Merck & Co. Inc. | 0.52% | 4,786,264 | $543.5M | Add +15.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.52% | 13,502,778 | $535.8M | Add +15.2% |
| CRM Salesforce Inc. | 0.51% | 1,918,942 | $525.2M | Add +13.3% |
| AMD Advanced Micro Devices | 0.50% | 3,137,750 | $514.8M | Add +14.5% |
| CVX Chevron Corp. | 0.47% | 3,332,160 | $490.7M | Add +14.0% |
| ADBE Adobe Inc. | 0.44% | 878,795 | $455.0M | Add +13.2% |
| ACN Accenture PLC Class A | 0.43% | 1,275,036 | $450.7M | Add +13.4% |
| LIN Linde PLC | 0.43% | 940,201 | $448.3M | Add +14.3% |
| CSCO Cisco Systems Inc. | 0.43% | 8,383,820 | $446.2M | Add +13.4% |
| MCD McDonald's Corp. | 0.43% | 1,465,207 | $446.2M | Add +12.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.42% | 1,983,214 | $438.4M | Add +13.9% |
| TMO Thermo Fisher Scientific Inc. | 0.42% | 702,529 | $434.6M | Add +14.4% |
| PEP Pepsico Inc. | 0.42% | 2,548,981 | $433.5M | Add +14.6% |
| GE General Electric filed as GE AEROSPACE | 0.40% | 2,216,753 | $418.0M | Add +14.9% |
| VZ Verizon Communications Inc. | 0.40% | 9,226,214 | $414.3M | Add +14.8% |
| QCOM Qualcomm Inc. | 0.39% | 2,398,469 | $407.9M | Add +15.3% |
| AMAT Applied Materials Inc. | 0.39% | 2,006,828 | $405.5M | Add +13.1% |
| CAT Caterpillar Inc. | 0.39% | 1,022,097 | $399.8M | Add +13.1% |
| INTU Intuit Inc. | 0.38% | 626,313 | $388.9M | Add +13.5% |
| WFC Wells Fargo & Co. | 0.37% | 6,789,371 | $383.5M | Add +15.2% |
| TXN Texas Instruments Inc. | 0.36% | 1,796,360 | $371.1M | Add +12.6% |
| DHR Danaher Corp. | 0.36% | 1,334,479 | $371.0M | Add +14.6% |
| PM Philip Morris International | 0.36% | 3,045,606 | $369.7M | Add +16.1% |
| ABT Abbott Laboratories | 0.35% | 3,212,494 | $366.3M | Add +14.6% |
| CMCSA Comcast Corp. Class A | 0.35% | 8,701,529 | $363.5M | Add +13.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.34% | 3,702,049 | $356.1M | Add +14.6% |
| NOW ServiceNow Inc. | 0.34% | 388,583 | $347.5M | Add +14.8% |
| T AT&T Inc. | 0.33% | 15,769,707 | $346.9M | Add +15.8% |
| BKNG Booking Holdings Inc. | 0.33% | 82,130 | $345.9M | Add +13.6% |
| TSPA T Rowe Price US Eqy Research | 0.33% | 9,513,375 | $343.5M | No change |
| AMGN Amgen Inc. | 0.33% | 1,064,291 | $342.9M | Add +14.9% |
| NEE Nextera Energy Inc. | 0.32% | 3,960,232 | $334.8M | Add +14.2% |
| PFE Pfizer Inc. | 0.32% | 11,516,769 | $333.3M | Add +18.1% |
| GS Goldman Sachs Group Inc. | 0.32% | 662,688 | $328.1M | Add +13.9% |
| ISRG Intuitive Surgical Inc. | 0.31% | 648,762 | $318.7M | Add +14.0% |
| AXP American Express Co. | 0.30% | 1,153,099 | $312.7M | Add +15.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.30% | 2,637,369 | $310.0M | Add +13.6% |
| LOW Lowe's Cos Inc. | 0.30% | 1,137,934 | $308.2M | Add +12.5% |
| RTX RTX Corp. | 0.29% | 2,483,792 | $300.9M | Add +14.5% |
| SPGI S&P Global Inc. | 0.29% | 578,826 | $299.0M | Add +15.4% |
| BSX Boston Scientific Corp. | 0.28% | 3,523,754 | $295.3M | Add +12.9% |
| ETN Eaton Corp. PLC | 0.28% | 865,820 | $287.0M | Add +13.0% |
| EWP iShares MSCI Spain ETF | 0.28% | 8,092,278 | $286.1M | No change |
| UBER Uber Technologies Inc. | 0.27% | 3,787,463 | $284.7M | Add +17.4% |
| PGR Progressive Corp. | 0.27% | 1,089,558 | $276.5M | Add +21.4% |
| UNP Union Pacific Corp. | 0.26% | 1,105,998 | $272.6M | Add +16.3% |
| MU Micron Technology Inc. | 0.26% | 2,577,306 | $267.3M | Add +35.2% |
| SYK Stryker Corp. | 0.26% | 733,536 | $265.0M | Add +12.8% |
| PLD Prologis Inc. | 0.25% | 2,022,234 | $255.4M | Add +13.8% |
| TMUS T-Mobile US Inc. | 0.25% | 1,231,751 | $254.2M | Add +12.6% |
| PANW Palo Alto Networks Inc. | 0.24% | 738,962 | $252.6M | Add +11.6% |
| MELI MercadoLibre Inc. | 0.24% | 120,599 | $247.5M | Add +11.5% |
| COP Conocophillips | 0.24% | 2,348,415 | $247.2M | Add +14.3% |
| MS Morgan Stanley | 0.24% | 2,371,049 | $247.2M | Add +14.3% |
| ELV Elevance Health Inc. | 0.24% | 474,072 | $246.5M | Add +14.4% |
| AMT American Tower Corp. | 0.24% | 1,059,124 | $246.3M | Add +17.3% |
| HON Honeywell International Inc. | 0.24% | 1,187,947 | $245.6M | Add +15.4% |
| BMY Bristol-Myers Squibb Co. | 0.23% | 4,672,762 | $241.8M | Add +19.1% |
| LMT Lockheed Martin Corp. | 0.23% | 412,704 | $241.3M | Add +13.8% |
| MDT Medtronic PLC | 0.23% | 2,678,032 | $241.1M | Add +14.9% |
| C Citigroup Inc. | 0.23% | 3,835,198 | $240.1M | Add +14.0% |
| VRTX Vertex Pharmaceuticals Inc. | 0.23% | 511,047 | $237.7M | Add +10.7% |
| ADI Analog Devices Inc. | 0.23% | 1,030,759 | $237.2M | Add +11.2% |
| ANET Arista Networks Inc. | 0.23% | 615,101 | $236.1M | Add +12.0% |
| GILD Gilead Sciences Inc. | 0.23% | 2,807,643 | $235.4M | Add +13.3% |
| REGN Regeneron Pharmaceuticals | 0.23% | 223,617 | $235.1M | Add +17.0% |
| CB Chubb Ltd. | 0.23% | 813,125 | $234.5M | Add +14.1% |
| TT Trane Technologies PLC | 0.22% | 598,134 | $232.5M | Add +12.4% |
| KLAC KLA Corp. | 0.22% | 296,646 | $229.7M | Add +13.8% |
| HCA HCA Healthcare Inc. | 0.22% | 550,654 | $223.8M | Add +11.8% |
| SO The Southern Co. | 0.21% | 2,420,890 | $218.3M | Add +13.0% |
| SBUX Starbucks Corp. | 0.21% | 2,219,465 | $216.4M | Add +9.3% |
| BX Blackstone Inc. | 0.21% | 1,406,583 | $215.4M | Add +16.5% |
Portfolio Sells Q2 2024 → Q3 2024
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.32 |
| BLK BlackRock Finance Inc. | Sold out | 0.00% | −0.23 |
| SMCI Super Micro Computer Inc. | Sold out | 0.00% | −0.06 |
| MCHP Microchip Technology Inc. | Reduce -1.1% | 0.09% | −0.03 |
| STX Seagate Technology Holdings | Sold out | 0.00% | −0.03 |
| STLD Steel Dynamics Inc. | Reduce -23.9% | 0.03% | −0.02 |
| ROK Rockwell Automation Inc. | Reduce -1.1% | 0.08% | −0.02 |
| SNAP Snap Inc. Class A | Reduce 0.0% | 0.02% | −0.02 |
| GPN Global Payments Inc. | Reduce -16.5% | 0.04% | −0.01 |
| CNH CNH Industrial NV | Sold out | 0.00% | −0.01 |
| RPRX Royalty Pharma PLC Class A | Sold out | 0.00% | −0.01 |
| WST West Pharmaceutical Services | Reduce -3.5% | 0.03% | −0.01 |
| TER Teradyne Inc. | Reduce -0.0% | 0.03% | −0.01 |
| FERG Ferguson Enterprises Inc. | Reduce -0.1% | 0.06% | −0.01 |
| HST Host Hotels & Resorts Inc. | Sold out | 0.00% | −0.01 |
| XYL Xylem Inc. | Reduce -2.3% | 0.04% | −0.01 |
| ANSS Ansys Inc. | Reduce -0.3% | 0.04% | −0.01 |
| RS Reliance Inc. | Reduce -11.2% | 0.03% | −0.01 |
| GPC Genuine Parts Co. | Reduce -7.2% | 0.03% | −0.01 |
| FCNCA First Citizens Bcshs Class A | Reduce -12.0% | 0.03% | −0.01 |
| AES AES Corp. | Sold out | 0.00% | −0.01 |
| GWW WW Grainger Inc. | Reduce -9.0% | 0.06% | −0.01 |
| PTC PTC Inc. | Reduce -1.3% | 0.04% | −0.01 |
| PPG PPG Industries Inc. | Reduce -4.3% | 0.04% | −0.01 |
| ALGN Align Technology Inc. | Reduce -8.0% | 0.03% | −0.01 |
| CF CF Industries Holdings Inc. | Reduce -89.0% | 0.00% | −0.01 |
| HUBB Hubbell Inc. | Reduce -15.8% | 0.03% | −0.01 |
| LVS Las Vegas Sands Corp. | Reduce -13.9% | 0.03% | −0.01 |
| CPAY Corpay Inc. | Reduce -15.5% | 0.03% | −0.01 |
| MGM MGM Resorts International | Sold out | 0.00% | −0.01 |
| ARE Alexandria Real Estate Equit | Reduce -4.2% | 0.03% | −0.01 |
| BR Broadridge Financial Solutio | Reduce -7.5% | 0.03% | −0.01 |
| PHM Pultegroup Inc. | Reduce -16.7% | 0.06% | −0.01 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −0.01 |
| PFG Principal Financial Group | Reduce -7.9% | 0.03% | −0.01 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -1.9% | 0.06% | −0.01 |
| ULTA Ulta Beauty Inc. | Reduce -0.1% | 0.03% | −0.01 |
| MOS The Mosaic Co. | Sold out | 0.00% | −0.01 |
| TTD Trade Desk Inc./the Class A | Reduce -1.5% | 0.07% | −0.01 |
| VRSN Verisign Inc. | Reduce -3.7% | 0.03% | −0.01 |
| FTV Fortive Corp. | Reduce -1.6% | 0.04% | −0.01 |
| WPC WP Carey Inc. | Sold out | 0.00% | −0.01 |
| LW Lamb Weston Holdings Inc. | Sold out | 0.00% | −0.00 |
| IPG Interpublic Group of Cos Inc. | Sold out | 0.00% | −0.00 |
| HOLX Hologic Inc. | Reduce -3.5% | 0.03% | −0.00 |
| DRI Darden Restaurants Inc. | Reduce -2.9% | 0.03% | −0.00 |
| MDB Mongodb Inc. | Reduce -1.4% | 0.03% | −0.00 |
| SJM The JM Smucker Co. | Sold out | 0.00% | −0.00 |
| TAP Molson Coors Beverage Co. Class B | Sold out | 0.00% | −0.00 |
| VEEV Veeva Systems Inc. Class A | Reduce -4.1% | 0.04% | −0.00 |
Portfolio Buys Q2 2024 → Q3 2024
| AVGO Broadcom Inc. | Add +14.5% | 1.38% | +1.24 |
| AAPL Apple Inc. | Add +14.0% | 6.27% | +0.34 |
| TSLA Tesla Inc. | Add +15.3% | 1.31% | +0.29 |
| META Meta Platforms Inc. Class A | Add +14.6% | 2.38% | +0.20 |
| UNH Unitedhealth Group Inc. | Add +15.0% | 0.96% | +0.09 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +15.9% | 1.02% | +0.09 |
| WMT Walmart Inc. | Add +14.9% | 0.68% | +0.09 |
| HD Home Depot Inc. | Add +14.7% | 0.73% | +0.09 |
| IBM Intl Business Machines Corp. | Add +13.9% | 0.42% | +0.08 |
| ORCL Oracle Corp. | Add +13.8% | 0.53% | +0.07 |
| ABBV Abbvie Inc. | Add +15.1% | 0.64% | +0.06 |
| ACGL Arch Capital Group Ltd. | New | 0.06% | +0.06 |
| PGR Progressive Corp. | Add +21.4% | 0.27% | +0.05 |
| PM Philip Morris International | Add +16.1% | 0.36% | +0.05 |
| GE General Electric | Add +14.9% | 0.40% | +0.05 |
| MA Mastercard Inc. Class A | Add +14.3% | 0.72% | +0.05 |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | New | 0.05% | +0.05 |
| MCD McDonald's Corp. | Add +12.2% | 0.43% | +0.05 |
| BMY Bristol-Myers Squibb Co. | Add +19.1% | 0.23% | +0.05 |
| KO The Coca-Cola Co. | Add +15.2% | 0.53% | +0.04 |
| JNJ Johnson & Johnson | Add +14.3% | 0.71% | +0.04 |
| ACN Accenture PLC Class A | Add +13.4% | 0.43% | +0.04 |
| LOW Lowe's Cos Inc. | Add +12.5% | 0.30% | +0.04 |
| NEE Nextera Energy Inc. | Add +14.2% | 0.32% | +0.04 |
| RTX RTX Corp. | Add +14.5% | 0.29% | +0.04 |
| CAT Caterpillar Inc. | Add +13.1% | 0.39% | +0.04 |
| LMT Lockheed Martin Corp. | Add +13.8% | 0.23% | +0.04 |
| VST Vistra Corp. | Add +64.4% | 0.08% | +0.04 |
| MMM 3M Co. | Add +14.6% | 0.17% | +0.04 |
| AXP American Express Co. | Add +15.9% | 0.30% | +0.04 |
| SHW The Sherwin-Williams Co. | Add +16.7% | 0.18% | +0.04 |
| PLTR Palantir Technologies Inc. Class A | Add +22.6% | 0.11% | +0.04 |
| BX Blackstone Inc. | Add +16.5% | 0.21% | +0.04 |
| AMT American Tower Corp. | Add +17.3% | 0.24% | +0.04 |
| T AT&T Inc. | Add +15.8% | 0.33% | +0.04 |
| NEM Newmont Corp. | Add +27.9% | 0.13% | +0.04 |
| DHI D.R. Horton Inc. | Add +6.0% | 0.20% | +0.03 |
| MELI MercadoLibre Inc. | Add +11.5% | 0.24% | +0.03 |
| HCA HCA Healthcare Inc. | Add +11.8% | 0.22% | +0.03 |
| KKR KKR & Co. Inc. | Add +23.9% | 0.15% | +0.03 |
| GILD Gilead Sciences Inc. | Add +13.3% | 0.23% | +0.03 |
| GEV GE Vernova Inc. | Add +4.3% | 0.14% | +0.03 |
| WELL Welltower Inc. | Add +18.9% | 0.17% | +0.03 |
| SPGI S&P Global Inc. | Add +15.4% | 0.29% | +0.03 |
| APP AppLovin Corp. Class A | Add +45.5% | 0.06% | +0.03 |
| WSM Williams-Sonoma Inc. | Add +56.2% | 0.05% | +0.03 |
| NOW ServiceNow Inc. | Add +14.8% | 0.34% | +0.03 |
| TMO Thermo Fisher Scientific Inc. | Add +14.4% | 0.42% | +0.03 |
| FTNT Fortinet Inc. | Add +14.8% | 0.14% | +0.03 |
| SBUX Starbucks Corp. | Add +9.3% | 0.21% | +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 |