Latest Varma Mutual Pension Insurance Co Stock Portfolio

Varma Mutual Pension Insurance Co Performance:

2025 Q4: -0.57%YTD: 12.11%2024: 13.91%

Performance for 2025 Q4 is -0.57%, and YTD is 12.11%, and 2024 is 13.91%.

About Varma Mutual Pension Insurance Co and 13F Hedge Fund Stock Holdings

On 2026-02-02, the fund reported it's updated stock portfolio. In the 13F Holdings report, Varma Mutual Pension Insurance Co reported an equity portfolio of $16.5 Billions as of 31 Dec, 2025.

The top stock holdings of Varma Mutual Pension Insurance Co are BAB, BAB, VB. The fund has invested 16.2% of it's portfolio in INVESCO EXCH TRADED FD TR II and 8.4% of portfolio in INVESCO EXCH TRADED FD TR II.

The fund managers got completely rid off ISHARES TR (IJR), DBX ETF TR (ACSG) and ILLINOIS TOOL WKS INC (ITW) stocks. They significantly reduced their stock positions in ARES MANAGEMENT CORPORATION (ARES), PRUDENTIAL FINL INC (PRU) and AMERIPRISE FINL INC (AMP). Varma Mutual Pension Insurance Co opened new stock positions in VANGUARD INDEX FDS (VB), INVESCO EXCHANGE TRADED FD T (CSD) and BROADRIDGE FINL SOLUTIONS IN (BR). The fund showed a lot of confidence in some stocks as they added substantially to NETFLIX INC (NFLX), SERVICENOW INC (NOW) and DEXCOM INC (DXCM).

Varma Mutual Pension Insurance Co Annual Return Estimates Vs S&P 500

Our best estimate is that Varma Mutual Pension Insurance Co made a return of -0.57% in the last quarter. In trailing 12 months, it's portfolio return was 12.11%.

Performance
S&P 500

New Buys

Ticker	$ Bought
vanguard index fds	757,385,000
invesco exchange traded fd t	327,184,000
broadridge finl solutions in	14,706,900
franco nev corp	14,238,500
verisk analytics inc	13,488,500
western digital corp	13,109,700
xylem inc	13,100,500
seagate technology hldngs pl	12,970,900

New stocks bought by Varma Mutual Pension Insurance Co

Additions

Ticker	% Inc.
netflix inc	925
servicenow inc	338
dexcom inc	100
fiserv inc	77.55
ishares tr	75.00
dupont de nemours inc	73.14
axon enterprise inc	69.86
johnson ctls intl plc	58.41

Additions to existing portfolio by Varma Mutual Pension Insurance Co

Reductions

Ticker	% Reduced
ares management corporation	-89.24
ameriprise finl inc	-89.16
fidelity natl information sv	-89.16
prudential finl inc	-89.16
rogers communications inc	-46.88
dbx etf tr	-36.8
dover corp	-35.53
canadian natl ry co	-33.79

Varma Mutual Pension Insurance Co reduced stake in above stock

Sold off

Ticker	$ Sold
dbx etf tr	-120,080,000
ishares tr	-352,792,000
aurora innovation inc	-4,689,300
weride inc	-6,732,000
kenvue inc	-6,867,980
weyerhaeuser co mtn be	-8,442,040
conagra brands inc	-5,954,410
vici pptys inc	-10,229,400

Varma Mutual Pension Insurance Co got rid off the above stocks

Sector Distribution

Varma Mutual Pension Insurance Co has about 45.6% of it's holdings in Others sector.

Sector	%
Others	45.6
Technology	19.9
Financial Services	6.7
Communication Services	6.3
Consumer Cyclical	5.6
Healthcare	5
Industrials	3.7
Consumer Defensive	2.2
Energy	1.9
Real Estate	1.2

Market Cap. Distribution

Varma Mutual Pension Insurance Co has about 54.1% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	45.6
MEGA-CAP	30.9
LARGE-CAP	23.2

Stocks belong to which Index?

About 51.8% of the stocks held by Varma Mutual Pension Insurance Co either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	51.8
Others	47.9

Top 5 Winners (%)		%
MU	micron technology inc	68.6 %
LLY	eli lilly & co	40.5 %
REGN	regeneron pharmaceuticals	34.6 %
GM	general mtrs co	32.7 %
CAH	cardinal health inc	29.4 %

Top 5 Winners ($)		$
GOOG	alphabet inc	112.3 M
BAB	invesco exch traded fd tr ii	67.0 M
AAPL	apple inc	42.1 M
LLY	eli lilly & co	38.1 M
BAB	invesco exch traded fd tr ii	30.0 M

Top 5 Losers (%)		%
NFLX	netflix inc	-86.6 %
NOW	servicenow inc	-75.5 %
MSTR	strategy inc	-51.4 %
DD	dupont de nemours inc	-42.5 %
	fiserv inc	-41.8 %

Top 5 Losers ($)		$
NFLX	netflix inc	-383.4 M
NOW	servicenow inc	-82.6 M
MSFT	microsoft corp	-39.5 M
META	meta platforms inc	-27.8 M
ORCL	oracle corp	-26.2 M

Varma Mutual Pension Insurance Co Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Varma Mutual Pension Insurance Co

Varma Mutual Pension Insurance Co has 308 stocks in it's portfolio. About 52.4% of the portfolio is in top 10 stocks. NFLX proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for Varma Mutual Pension Insurance Co last quarter.

Last Reported on: 02 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
A	agilent technologies inc	0.06	67,371	9,167,170	added	1.35

AAPL	apple inc	4.10	2,495,880	678,531,000	added	4.37

AAXJ	ishares tr	0.20	350,000	33,698,000	added	75.00

ABBV	abbvie inc	0.36	261,667	59,788,300	reduced	-0.68

ABC	cencora inc	0.08	40,425	13,653,500	reduced	-4.04

ABNB	airbnb inc	0.07	86,805	11,781,200	added	3.33

ABT	abbott labs	0.21	281,652	35,288,200	added	0.64

ACM	aecom	0.06	98,700	9,409,070	added	8.11

ACN	accenture plc ireland	0.17	105,386	28,275,100	added	21.43

ACSG	dbx etf tr	3.81	17,660,300	629,332,000	reduced	-36.8

ACSG	dbx etf tr	0.00	0.00	0.00	sold off	-100

ADBE	adobe inc	0.15	69,326	24,263,400	added	45.87

ADI	analog devices inc	0.15	91,159	24,722,300	reduced	-6.46

ADP	automatic data processing in	0.12	80,423	20,687,200	added	16.47

ADSK	autodesk inc	0.09	47,895	14,177,400	reduced	-0.42

AFL	aflac inc	0.08	124,191	13,694,500	added	10.7

AGT	ishares tr	0.33	2,000,000	54,600,000	unchanged	0.00

AIG	american intl group inc	0.07	141,330	12,090,800	unchanged	0.00

AJG	gallagher arthur j & co	0.09	57,550	14,893,400	added	14.53

ALL	allstate corp	0.08	61,200	12,738,800	added	11.88