13F Insight
DOSSIER · 13F-HR · Q2 2026

Varma Mutual Pension Insurance Co

$18.9B in tracked AUM across 313 positions as of Q2 2026.

VM
CIK 0001698484 · last filed Jun 30, 2026
Total AUM
$18.9B
as of Q2 2026
Holdings
313
—
positions
Whale Score
70
70
strong
Activity
—
no data
changes this Q
AI Analysis · Q2 2026

Varma Mutual Pension Insurance Co filed Q1 2026 13F-HR with $17.0B in disclosed U.S. equity holdings The portfolio is led by Unknown exposure, with top positions including IGV (9.6%), KLMN (8.8%), KLMT (8.0%). Quarter-over-quarter activity shows 9 new entries and 9 exits, with a net reductive posture across 59 changed positions. Notable reduction: KLMN (41.2% reduction) (INVESCO EXCH TRADED FD TR II).

Varma Mutual Pension Insurance Co reports $17.0B in U.S. equity holdings for Q1 2026, anchored by a Unknown-centric allocation. The top five positions by value span IGV + KLMN + KLMT + XLE + EMCS, collectively representing a meaningful concentration within the disclosed book.

Core Holdings

  • IGV (ISHARES TR) — $1.6B (9.6%)
  • KLMN (INVESCO EXCH TRADED FD TR II) — $1.5B (8.8%)
  • KLMT (INVESCO EXCH TRADED FD TR II) — $1.4B (8.0%)
  • XLE (SELECT SECTOR SPDR TR) — $0.9B (5.1%)
  • EMCS (DBX ETF TR) — $0.8B (4.5%)
Analysis generated by 13F Insight from SEC Form 13F filing data · Q2 2026. Methodology

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
KLMN
INVESCO EXCH TRADED FD TR II
$2.5B82.2M13.4%02
KLMT
INVESCO EXCH TRADED FD TR II
$1.6B44.9M8.2%03
IGV
ISHARES TR
$1.4B15.2M7.3%04
EMCS
DBX ETF TR
$967M20.6M5.1%05
NVDA
NVIDIA CORPORATION
$784M3.9M4.2%06
AAPL
APPLE INC
$719M2.5M3.8%07
RSP
INVESCO EXCHANGE TRADED FD T
$569M2.7M3.0%08
GOOGL
ALPHABET INC
$561M1.6M3.0%09
MSFT
MICROSOFT CORP
$426M1.1M2.3%10
AMZN
AMAZON COM INC
$410M1.7M2.2%

Filing history

2026Q2Jun 30
$18.9B▲ 10.6%
313 positionsView →2026Q1Mar 31
$17.1B▲ 3.1%
319 positionsView →2025Q4Dec 31
$16.5B▲ 6.1%
308 positionsView →2025Q3Sep 30
$15.6B▲ 14.9%
312 positionsView →2025Q2Jun 30
$13.6B▲ 16.7%
309 positionsLocked2025Q1Mar 31
$11.6B▼ 11.7%
320 positionsLocked2024Q4Dec 31
$13.2B▲ 4.2%
322 positionsLocked2024Q3Sep 30
$12.6B▲ 1.5%
317 positionsLocked2024Q2Jun 30
$12.4B▲ 7.8%
346 positionsLocked2024Q1Mar 31
$11.5B▲ 29.6%
355 positionsLocked2023Q4Dec 31
$8.9B▲ 7.7%
280 positionsLocked2023Q3Sep 30
$8.3B▼ 1.1%
210 positionsLocked
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