Filed: 1/31/2025ACC: 0000929638-25-000460
📋 What this filing means
NATIONAL MUTUAL INSURANCE FEDERATION OF AGRICULTURAL COOPERATIVES filed this quarterly 13F‑HR report disclosing 45 equity positions with a total reported market value of $11.67B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
45
Positions
$11.67B
Total AUM (reported)
42.19M
Total Shares
Allocation by class
CORE S&P 500 ETF$2.11B18.1%
LARGE CAP ETF$1.76B15.1%
S&P 500 ETF SHS$1.58B13.5%
TR UNIT$1.53B13.1%
UNIT SER 1$899.25M7.7%
TOTAL STK MKT$778.66M6.7%
COM$728.50M6.2%
Portfolio Concentration
Top 3$5.45B46.7%
4–10$5.16B44.2%
11–25$718.48M6.2%
Rest$339.25M2.9%
Top 3 weight
46.7%
Top 10 weight
90.9%
Voting Authority Distribution
Total shares with voting rights: 42.19M
Sole
Full voting authority
42.19M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole11
Shared0
Other34
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings45
Rows:
ISHARES TR
SOLEShares3.58M
TypeSH
Market value$2.11B
18.06%
Sole
3.58M
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares6.54M
TypeSH
Market value$1.76B
15.12%
Sole
6.54M
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares2.93M
TypeSH
Market value$1.58B
13.51%
Sole
2.93M
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares2.62M
TypeSH
Market value$1.53B
13.14%
Sole
2.62M
Shared
0.00
None
0.00
INVESCO QQQ TR
SOLEShares1.76M
TypeSH
Market value$899.25M
7.70%
Sole
1.76M
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares2.69M
TypeSH
Market value$778.66M
6.67%
Sole
2.69M
Shared
0.00
None
0.00
INVESCO EXCH TRADED FD TR II
SOLEShares3.08M
TypeSH
Market value$648.82M
5.56%
Sole
3.08M
Shared
0.00
None
0.00
SPDR SER TR
SOLEShares8.95M
TypeSH
Market value$617.22M
5.29%
Sole
8.95M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares4.04M
TypeSH
Market value$431.68M
3.70%
Sole
4.04M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares791K
TypeSH
Market value$254.83M
2.18%
Sole
791K
Shared
0.00
None
0.00
APPLE INC
DFNDShares319.40K
TypeSH
Market value$79.98M
0.69%
Sole
319.40K
Shared
0.00
None
0.00
MICROSOFT CORP
DFNDShares177.90K
TypeSH
Market value$74.98M
0.64%
Sole
177.90K
Shared
0.00
None
0.00
ALPHABET INC
DFNDShares360.50K
TypeSH
Market value$68.24M
0.58%
Sole
360.50K
Shared
0.00
None
0.00
AMAZON COM INC
DFNDShares270K
TypeSH
Market value$59.24M
0.51%
Sole
270K
Shared
0.00
None
0.00
NVIDIA CORPORATION
DFNDShares416K
TypeSH
Market value$55.86M
0.48%
Sole
416K
Shared
0.00
None
0.00
META PLATFORMS INC
DFNDShares92.60K
TypeSH
Market value$54.22M
0.46%
Sole
92.60K
Shared
0.00
None
0.00
J P MORGAN EXCHANGE TRADED F
SOLEShares463K
TypeSH
Market value$49.04M
0.42%
Sole
463K
Shared
0.00
None
0.00
WALMART INC
DFNDShares473.10K
TypeSH
Market value$42.74M
0.37%
Sole
473.10K
Shared
0.00
None
0.00
JPMORGAN CHASE & CO.
DFNDShares160.90K
TypeSH
Market value$38.57M
0.33%
Sole
160.90K
Shared
0.00
None
0.00
INTUITIVE SURGICAL INC
DFNDShares72.20K
TypeSH
Market value$37.69M
0.32%
Sole
72.20K
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
DFNDShares68.10K
TypeSH
Market value$35.86M
0.31%
Sole
68.10K
Shared
0.00
None
0.00
VISA INC
DFNDShares110.30K
TypeSH
Market value$34.86M
0.30%
Sole
110.30K
Shared
0.00
None
0.00
BLACKROCK INC
DFNDShares29.40K
TypeSH
Market value$30.14M
0.26%
Sole
29.40K
Shared
0.00
None
0.00
THERMO FISHER SCIENTIFIC INC
DFNDShares55.90K
TypeSH
Market value$29.08M
0.25%
Sole
55.90K
Shared
0.00
None
0.00
EATON CORP PLC
DFNDShares84.30K
TypeSH
Market value$27.98M
0.24%
Sole
84.30K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ISHARES TRSOLE | CORE S&P 500 ETF | 3.58M | SH | $2.11B 18.06% | 3.58M | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | LARGE CAP ETF | 6.54M | SH | $1.76B 15.12% | 6.54M | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | S&P 500 ETF SHS | 2.93M | SH | $1.58B 13.51% | 2.93M | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 2.62M | SH | $1.53B 13.14% | 2.62M | 0.00 | 0.00 |
INVESCO QQQ TRSOLE | UNIT SER 1 | 1.76M | SH | $899.25M 7.70% | 1.76M | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 2.69M | SH | $778.66M 6.67% | 2.69M | 0.00 | 0.00 |
INVESCO EXCH TRADED FD TR IISOLE | NASDAQ 100 ETF | 3.08M | SH | $648.82M 5.56% | 3.08M | 0.00 | 0.00 |
SPDR SER TRSOLE | PORTFOLIO S&P500 | 8.95M | SH | $617.22M 5.29% | 8.95M | 0.00 | 0.00 |
ISHARES TRSOLE | IBOXX INV CP ETF | 4.04M | SH | $431.68M 3.70% | 4.04M | 0.00 | 0.00 |
ISHARES TRSOLE | RUS 1000 ETF | 791K | SH | $254.83M 2.18% | 791K | 0.00 | 0.00 |
APPLE INCDFND | COM | 319.40K | SH | $79.98M 0.69% | 319.40K | 0.00 | 0.00 |
MICROSOFT CORPDFND | COM | 177.90K | SH | $74.98M 0.64% | 177.90K | 0.00 | 0.00 |
ALPHABET INCDFND | CAP STK CL A | 360.50K | SH | $68.24M 0.58% | 360.50K | 0.00 | 0.00 |
AMAZON COM INCDFND | COM | 270K | SH | $59.24M 0.51% | 270K | 0.00 | 0.00 |
NVIDIA CORPORATIONDFND | COM | 416K | SH | $55.86M 0.48% | 416K | 0.00 | 0.00 |
META PLATFORMS INCDFND | CL A | 92.60K | SH | $54.22M 0.46% | 92.60K | 0.00 | 0.00 |
J P MORGAN EXCHANGE TRADED FSOLE | BETABUILDRS US | 463K | SH | $49.04M 0.42% | 463K | 0.00 | 0.00 |
WALMART INCDFND | COM | 473.10K | SH | $42.74M 0.37% | 473.10K | 0.00 | 0.00 |
JPMORGAN CHASE & CO.DFND | COM | 160.90K | SH | $38.57M 0.33% | 160.90K | 0.00 | 0.00 |
INTUITIVE SURGICAL INCDFND | COM NEW | 72.20K | SH | $37.69M 0.32% | 72.20K | 0.00 | 0.00 |
MASTERCARD INCORPORATEDDFND | CL A | 68.10K | SH | $35.86M 0.31% | 68.10K | 0.00 | 0.00 |
VISA INCDFND | COM CL A | 110.30K | SH | $34.86M 0.30% | 110.30K | 0.00 | 0.00 |
BLACKROCK INCDFND | COM | 29.40K | SH | $30.14M 0.26% | 29.40K | 0.00 | 0.00 |
THERMO FISHER SCIENTIFIC INCDFND | COM | 55.90K | SH | $29.08M 0.25% | 55.90K | 0.00 | 0.00 |
EATON CORP PLCDFND | SHS | 84.30K | SH | $27.98M 0.24% | 84.30K | 0.00 | 0.00 |
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