National Pension Service
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 12, 2026), National Pension Service reported 562 stock positions worth $131.7 billion. Its top holding was Nvidia (NVDA) at 6.8% of the portfolio, followed by Apple (AAPL, 6.0%) and Microsoft (MSFT, 4.2%). Compared with Q4 2025, it opened 19 new positions, sold out of 18, added to 354 and reduced 171. The biggest buy was Exxon Mobil (XOM, shares +2%) and the biggest sale AppLovin Class A (APP, shares −21%).
- Most Recent 13F
- Q2 2026
- Location
- JEONJU-SI, JEOLLABUK-DO, M5
- CIK
- 0001608046
- Portfolio Value
- $131.7B (Q1 2026)
- SEC Filing
- 0001193125-26-217663 ↗ filed May 12, 2026
Holdings Value
Holdings 562 stocks · $131.7B
| NVDA Nvidia Corp. | 6.79% | 51,274,183 | $8.9B | Add +2.3% |
| AAPL Apple Inc. | 5.98% | 31,019,702 | $7.9B | Add +2.7% |
| MSFT Microsoft Corp. | 4.19% | 14,917,409 | $5.5B | Add +2.8% |
| AMZN Amazon.com Inc. | 3.23% | 20,442,324 | $4.3B | Add +3.0% |
| GOOGL Alphabet Inc. Class A | 2.79% | 12,793,377 | $3.7B | Add +2.6% |
| PBUS Invesco MSCI USA ETF | 2.35% | 47,382,366 | $3.1B | No change |
| GOOG Alphabet Inc. Class C | 2.31% | 10,612,812 | $3.0B | Add +2.1% |
| AVGO Broadcom Inc. | 2.21% | 9,382,706 | $2.9B | Add +2.9% |
| IVV iShares Core S&P 500 ETF | 2.04% | 4,119,355 | $2.7B | No change |
| META Meta Platforms Inc. Class A | 2.04% | 4,695,451 | $2.7B | Add +1.9% |
| TSLA Tesla Inc. | 1.66% | 5,890,660 | $2.2B | Add +3.8% |
| JPM JPMorgan Chase & Co. | 1.23% | 5,513,297 | $1.6B | Add +1.9% |
| XOM Exxon Mobil Corp. | 1.22% | 9,497,753 | $1.6B | Add +1.8% |
| LLY Eli Lilly & Co. | 1.16% | 1,661,226 | $1.5B | Add +2.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.99% | 2,732,608 | $1.3B | Add +2.9% |
| JNJ Johnson & Johnson | 0.96% | 5,159,484 | $1.3B | Add +3.4% |
| WMT Walmart Inc. | 0.94% | 9,969,043 | $1.2B | Add +1.6% |
| V Visa Inc. Class A | 0.78% | 3,398,829 | $1.0B | Add +3.1% |
| MU Micron Technology Inc. | 0.74% | 2,876,052 | $971.6M | Reduce -5.8% |
| COST Costco Wholesale Corp. | 0.71% | 933,576 | $930.2M | Add +1.6% |
| CVX Chevron Corp. | 0.70% | 4,479,333 | $926.8M | Add +2.7% |
| NFLX Netflix Inc. | 0.69% | 9,455,919 | $909.2M | Add +0.9% |
| MA Mastercard Inc. Class A | 0.65% | 1,721,463 | $860.1M | Add +2.3% |
| ABBV Abbvie Inc. | 0.65% | 3,949,697 | $859.0M | Add +2.4% |
| PG The Procter & Gamble Co. | 0.60% | 5,471,690 | $790.3M | Add +1.3% |
| PLTR Palantir Technologies Inc. Class A | 0.58% | 5,184,024 | $758.3M | Add +8.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.57% | 15,490,057 | $755.1M | Add +2.1% |
| CSCO Cisco Systems Inc. | 0.57% | 9,622,922 | $746.6M | Add +0.9% |
| AMD Advanced Micro Devices | 0.55% | 3,551,712 | $722.5M | Add +3.5% |
| HD Home Depot Inc. | 0.55% | 2,189,543 | $720.1M | Add +2.4% |
| LRCX Lam Research Corp. | 0.55% | 3,364,610 | $718.9M | Add +1.6% |
| KO The Coca-Cola Co. | 0.54% | 9,287,778 | $706.3M | Add +2.0% |
| CAT Caterpillar Inc. | 0.53% | 988,716 | $700.5M | Add +1.0% |
| MRK Merck & Co. Inc. | 0.53% | 5,762,086 | $693.1M | Reduce -0.5% |
| GE General Electric filed as GE AEROSPACE | 0.52% | 2,390,708 | $678.4M | Add +0.7% |
| AMAT Applied Materials Inc. | 0.51% | 1,952,288 | $667.3M | Add +0.9% |
| TGRW T Rowe Price Growth Stock Et | 0.49% | 15,814,477 | $640.5M | No change |
| PM Philip Morris International | 0.45% | 3,612,916 | $597.4M | Add +0.7% |
| LIN Linde PLC | 0.45% | 1,199,655 | $594.7M | Add +0.1% |
| WFC Wells Fargo & Co. | 0.44% | 7,322,564 | $582.9M | Add +0.5% |
| INFO Harbor Panagora DYC LCC ETF | 0.44% | 24,565,625 | $577.0M | No change |
| GS Goldman Sachs Group Inc. | 0.43% | 674,837 | $570.9M | Add +2.2% |
| ORCL Oracle Corp. | 0.42% | 3,774,444 | $555.3M | Add +2.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.42% | 2,285,117 | $553.9M | Add +0.8% |
| RTX RTX Corp. | 0.41% | 2,827,989 | $545.5M | Add +2.4% |
| KLAC KLA Corp. | 0.41% | 363,701 | $535.5M | Reduce -0.1% |
| LSVD LSV Disciplined Value ETF | 0.40% | 18,162,000 | $532.1M | No change |
| VZ Verizon Communications Inc. | 0.40% | 10,585,296 | $531.4M | Add +2.5% |
| UNH Unitedhealth Group Inc. | 0.40% | 1,947,305 | $526.9M | Add +1.4% |
| T AT&T Inc. | 0.38% | 17,404,803 | $504.6M | Reduce -2.7% |
| MCD McDonald's Corp. | 0.38% | 1,615,265 | $502.0M | Add +3.7% |
| PEP Pepsico Inc. | 0.38% | 3,231,009 | $501.7M | Add +2.8% |
| MS Morgan Stanley | 0.37% | 2,952,417 | $485.9M | Add +4.3% |
| GEV GE Vernova Inc. | 0.36% | 548,367 | $478.7M | Add +15.9% |
| NEE Nextera Energy Inc. | 0.36% | 5,097,519 | $473.5M | Add +4.4% |
| C Citigroup Inc. | 0.35% | 4,051,107 | $459.4M | Add +1.9% |
| INTC Intel Corp. | 0.34% | 10,203,663 | $450.3M | Add +5.0% |
| AMGN Amgen Inc. | 0.34% | 1,273,889 | $448.2M | Add +2.8% |
| ADI Analog Devices Inc. | 0.34% | 1,403,108 | $446.4M | Add +3.6% |
| EWP iShares MSCI Spain ETF | 0.33% | 8,092,278 | $439.5M | No change |
| COP Conocophillips | 0.32% | 3,216,950 | $424.6M | Reduce -1.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.32% | 2,645,042 | $422.4M | Add +2.5% |
| SCHW Schwab (charles) Corp. | 0.32% | 4,484,110 | $421.4M | Add +10.5% |
| GILD Gilead Sciences Inc. | 0.32% | 3,021,468 | $421.1M | Add +1.0% |
| ABT Abbott Laboratories | 0.32% | 4,094,362 | $420.4M | Add +1.8% |
| APH Amphenol Corp. Class A | 0.32% | 3,324,626 | $420.1M | Add +2.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.31% | 4,233,259 | $408.0M | Add +2.1% |
| TXN Texas Instruments Inc. | 0.31% | 2,101,522 | $408.0M | Add +2.6% |
| TMO Thermo Fisher Scientific Inc. | 0.31% | 829,652 | $407.8M | Add +2.1% |
| CRM Salesforce Inc. | 0.31% | 2,163,383 | $403.8M | Add +3.3% |
| PFE Pfizer Inc. | 0.31% | 14,349,288 | $402.9M | Add +6.8% |
| TSPA T Rowe Price US Eqy Research | 0.30% | 9,513,375 | $389.1M | No change |
| WDC Western Digital Corp. | 0.30% | 1,437,962 | $389.0M | Reduce -15.0% |
| WELL Welltower Inc. | 0.29% | 1,953,024 | $386.1M | Add +1.8% |
| LMT Lockheed Martin Corp. | 0.29% | 634,533 | $383.5M | Add +2.6% |
| CB Chubb Ltd. | 0.29% | 1,161,201 | $378.5M | Add +1.1% |
| NEM Newmont Corp. | 0.29% | 3,473,923 | $376.1M | Add +2.3% |
| PLD Prologis Inc. | 0.28% | 2,803,080 | $370.5M | Add +2.4% |
| ANET Arista Networks Inc. | 0.28% | 3,011,484 | $369.8M | Reduce -0.0% |
| AXP American Express Co. | 0.27% | 1,181,272 | $357.3M | Reduce -0.3% |
| DE Deere & Co. | 0.27% | 631,432 | $355.7M | Add +1.1% |
| PANW Palo Alto Networks Inc. | 0.26% | 2,151,333 | $344.9M | Add +22.6% |
| MCK McKesson Corp. | 0.26% | 396,214 | $342.9M | Reduce -0.2% |
| BMY Bristol-Myers Squibb Co. | 0.25% | 5,531,199 | $335.5M | Reduce -0.0% |
| ISRG Intuitive Surgical Inc. | 0.25% | 727,442 | $335.3M | Reduce -0.2% |
| HON Honeywell International Inc. | 0.25% | 1,459,138 | $329.8M | Add +1.4% |
| BKNG Booking Holdings Inc. | 0.25% | 78,294 | $329.6M | Add +3.0% |
| UBER Uber Technologies Inc. | 0.25% | 4,573,076 | $328.9M | Add +2.3% |
| QCOM Qualcomm Inc. | 0.25% | 2,552,435 | $328.7M | Add +0.1% |
| BA The Boeing Co. | 0.25% | 1,648,984 | $328.2M | Add +4.9% |
| UNP Union Pacific Corp. | 0.25% | 1,347,860 | $327.0M | Add +2.4% |
| STX Seagate Technology Holdings | 0.25% | 827,761 | $324.3M | Reduce -17.0% |
| MO Altria Group Inc. | 0.24% | 4,863,972 | $321.0M | Reduce -0.7% |
| PH Parker Hannifin Corp. | 0.24% | 356,548 | $319.2M | Add +1.1% |
| LOW Lowe's Cos Inc. | 0.24% | 1,350,540 | $319.1M | Add +3.4% |
| EQIX Equinix Inc. | 0.24% | 319,250 | $312.9M | Add +2.2% |
| BLK BlackRock Inc. | 0.23% | 321,096 | $308.8M | Add +0.9% |
| SPGI S&P Global Inc. | 0.23% | 724,825 | $308.3M | Reduce -0.8% |
| ETN Eaton Corp. PLC | 0.23% | 835,295 | $298.8M | Reduce -0.5% |
| GLW Corning Inc. | 0.23% | 2,193,110 | $298.2M | Reduce -4.2% |
Portfolio Sells Q4 2025 → Q1 2026
| APP AppLovin Corp. Class A | Reduce -20.6% | 0.17% | −0.18 |
| MRSH Marsh & McLennan Cos | Sold out | 0.00% | −0.16 |
| BSX Boston Scientific Corp. | Reduce -1.7% | 0.18% | −0.09 |
| COF Capital One Financial Corp. | Reduce -2.9% | 0.20% | −0.07 |
| AXP American Express Co. | Reduce -0.3% | 0.27% | −0.05 |
| CYBR Cyberark Software Ltd./Israel | Sold out | 0.00% | −0.05 |
| ISRG Intuitive Surgical Inc. | Reduce -0.2% | 0.25% | −0.05 |
| SPGI S&P Global Inc. | Reduce -0.8% | 0.23% | −0.05 |
| KKR KKR & Co. Inc. | Reduce -9.0% | 0.10% | −0.05 |
| VST Vistra Corp. | Reduce -46.5% | 0.05% | −0.05 |
| BX Blackstone Inc. | Reduce -1.1% | 0.14% | −0.04 |
| CEG Constellation Energy | Reduce -2.0% | 0.17% | −0.04 |
| CRH CRH PLC | Reduce -7.8% | 0.15% | −0.04 |
| NRG NRG Energy Inc. | Reduce -49.8% | 0.03% | −0.04 |
| SE Sea Ltd.-ADR | Reduce -21.8% | 0.03% | −0.03 |
| MCO Moody's Corp. | Reduce -2.9% | 0.17% | −0.03 |
| TEVA Teva Pharmaceutical-SP ADR | Reduce -34.5% | 0.05% | −0.03 |
| MELI MercadoLibre Inc. | Reduce -4.2% | 0.14% | −0.03 |
| FICO Fair Isaac Corp. | Reduce -13.4% | 0.03% | −0.02 |
| APO Apollo Global Management Inc. | Reduce -2.6% | 0.07% | −0.02 |
| EQH Equitable Holdings Inc. | Reduce -95.5% | 0.00% | −0.02 |
| GEN Gen Digital Inc. | Reduce -92.2% | 0.00% | −0.02 |
| PGR Progressive Corp. | Reduce -2.9% | 0.20% | −0.02 |
| TDG Transdigm Group Inc. | Reduce -1.8% | 0.11% | −0.02 |
| AJG Arthur J Gallagher & Co. | Reduce -2.0% | 0.08% | −0.02 |
| WSM Williams-Sonoma Inc. | Reduce -31.1% | 0.04% | −0.01 |
| HUM Humana Inc. | Reduce -7.6% | 0.02% | −0.01 |
| TEL Te Connectivity PLC | Reduce -1.4% | 0.17% | −0.01 |
| CMG Chipotle Mexican Grill Inc. | Reduce -9.6% | 0.05% | −0.01 |
| SSNC Ss&c Technologies Holdings | Reduce -81.1% | 0.00% | −0.01 |
| ANET Arista Networks Inc. | Reduce -0.0% | 0.28% | −0.01 |
| CTAS Cintas Corp. | Reduce -1.2% | 0.12% | −0.01 |
| CCI Crown Castle Inc. | Reduce -17.4% | 0.04% | −0.01 |
| COR Cencora Inc. | Reduce -1.5% | 0.17% | −0.01 |
| COIN Coinbase Global Inc. Class A | Reduce -0.9% | 0.04% | −0.01 |
| LEN Lennar Corp. Class A | Reduce -18.3% | 0.02% | −0.01 |
| EG Everest Group Ltd. | Reduce -88.8% | 0.00% | −0.01 |
| NXPI NXP Semiconductors NV | Reduce -0.0% | 0.13% | −0.01 |
| CCL Carnival Corp. | Reduce -1.0% | 0.06% | −0.01 |
| GLPI Gaming and Leisure Propertie | Reduce -92.7% | 0.00% | −0.01 |
| UHS Universal Health Services-B | Reduce -74.6% | 0.00% | −0.01 |
| SYK Stryker Corp. | Reduce -0.3% | 0.18% | −0.01 |
| CNC Centene Corp. | Reduce -50.7% | 0.01% | −0.01 |
| CHKP Check Point Software Tech | Reduce -87.9% | 0.00% | −0.01 |
| VRSK Verisk Analytics Inc. | Reduce -6.7% | 0.03% | −0.01 |
| BAX Baxter International Inc. | Reduce -93.5% | 0.00% | −0.01 |
| CSL Carlisle Cos Inc. | Reduce -79.1% | 0.00% | −0.01 |
| PKG Packaging Corp. of America | Reduce -89.3% | 0.00% | −0.01 |
| AVB Avalonbay Communities Inc. | Reduce -11.9% | 0.03% | −0.01 |
| MTD Mettler-Toledo International | Reduce -9.7% | 0.04% | −0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| XOM Exxon Mobil Corp. | Add +1.8% | 1.22% | +0.39 |
| CVX Chevron Corp. | Add +2.7% | 0.70% | +0.21 |
| JNJ Johnson & Johnson | Add +3.4% | 0.96% | +0.19 |
| AMAT Applied Materials Inc. | Add +0.9% | 0.51% | +0.14 |
| GEV GE Vernova Inc. | Add +15.9% | 0.36% | +0.13 |
| WMT Walmart Inc. | Add +1.6% | 0.94% | +0.13 |
| LRCX Lam Research Corp. | Add +1.6% | 0.55% | +0.13 |
| COST Costco Wholesale Corp. | Add +1.6% | 0.71% | +0.12 |
| CAT Caterpillar Inc. | Add +1.0% | 0.53% | +0.12 |
| VZ Verizon Communications Inc. | Add +2.5% | 0.40% | +0.09 |
| INTC Intel Corp. | Add +5.0% | 0.34% | +0.08 |
| LIN Linde PLC | Add +0.1% | 0.45% | +0.07 |
| LMT Lockheed Martin Corp. | Add +2.6% | 0.29% | +0.07 |
| NEE Nextera Energy Inc. | Add +4.4% | 0.36% | +0.07 |
| ADI Analog Devices Inc. | Add +3.6% | 0.34% | +0.07 |
| KO The Coca-Cola Co. | Add +2.0% | 0.54% | +0.07 |
| MPC Marathon Petroleum Corp. | Add +4.2% | 0.17% | +0.06 |
| EOG EOG Resources Inc. | Add +1.3% | 0.21% | +0.06 |
| EQIX Equinix Inc. | Add +2.2% | 0.24% | +0.06 |
| PFE Pfizer Inc. | Add +6.8% | 0.31% | +0.06 |
| DE Deere & Co. | Add +1.1% | 0.27% | +0.05 |
| CIEN Ciena Corp. | Add +40.5% | 0.09% | +0.05 |
| GILD Gilead Sciences Inc. | Add +1.0% | 0.32% | +0.05 |
| ROST Ross Stores Inc. | Add +3.1% | 0.22% | +0.05 |
| PEP Pepsico Inc. | Add +2.8% | 0.38% | +0.05 |
| TXN Texas Instruments Inc. | Add +2.6% | 0.31% | +0.05 |
| VLO Valero Energy Corp. | Add +11.3% | 0.10% | +0.04 |
| HON Honeywell International Inc. | Add +1.4% | 0.25% | +0.04 |
| FIX Comfort Systems USA Inc. | Add +52.5% | 0.08% | +0.04 |
| FDX FedEx Corp. | Add +3.0% | 0.17% | +0.04 |
| AMGN Amgen Inc. | Add +2.8% | 0.34% | +0.04 |
| NOC Northrop Grumman Corp. | Add +1.9% | 0.20% | +0.04 |
| NFLX Netflix Inc. | Add +0.9% | 0.69% | +0.04 |
| MRVL Marvell Technology Inc. | Add +2.6% | 0.22% | +0.04 |
| SLB SLB Ltd. | Add +19.7% | 0.10% | +0.04 |
| RTX RTX Corp. | Add +2.4% | 0.41% | +0.04 |
| FCX Freeport-McMoran Inc. | Add +8.7% | 0.17% | +0.04 |
| PSX Phillips 66 | Add +13.7% | 0.10% | +0.04 |
| TER Teradyne Inc. | Add +32.5% | 0.07% | +0.04 |
| WMB Williams Cos Inc. | Add +2.0% | 0.18% | +0.04 |
| SRE Sempra | Add +6.3% | 0.22% | +0.04 |
| PWR Quanta Services Inc. | Add +7.5% | 0.12% | +0.04 |
| NEM Newmont Corp. | Add +2.3% | 0.29% | +0.03 |
| EIX Edison International | Add +66.5% | 0.07% | +0.03 |
| EQT Eqt Corp. | Add +54.5% | 0.07% | +0.03 |
| WELL Welltower Inc. | Add +1.8% | 0.29% | +0.03 |
| CME Cme Group Inc. | Add +9.6% | 0.17% | +0.03 |
| DUK Duke Energy Corp. | Add +1.4% | 0.21% | +0.03 |
| MCD McDonald's Corp. | Add +3.7% | 0.38% | +0.03 |
| AEP American Electric Power | Add +0.3% | 0.19% | +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 |