Filed: 2/4/2026ACC: 0000929638-26-000490
📋 What this filing means
NATIONAL MUTUAL INSURANCE FEDERATION OF AGRICULTURAL COOPERATIVES filed this quarterly 13F‑HR report disclosing 42 equity positions with a total reported market value of $13.64B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
42
Positions
$13.64B
Total AUM (reported)
42.77M
Total Shares
Allocation by class
CORE S&P 500 ETF$2.45B18.0%
LARGE CAP ETF$2.06B15.1%
S&P 500 ETF SHS$1.83B13.5%
TR UNIT$1.79B13.1%
UNIT SER 1$1.08B7.9%
TOTAL STK MKT$900.80M6.6%
COM$874.61M6.4%
Portfolio Concentration
Top 3$6.35B46.5%
4–10$5.94B43.5%
11–25$979.31M7.2%
Rest$371.79M2.7%
Top 3 weight
46.5%
Top 10 weight
90.1%
Voting Authority Distribution
Total shares with voting rights: 42.77M
Sole
Full voting authority
42.77M
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
Other31
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings42
Rows:
ISHARES TR
SOLEShares3.58M
TypeSH
Market value$2.45B
17.99%
Sole
3.58M
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares6.54M
TypeSH
Market value$2.06B
15.10%
Sole
6.54M
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares2.93M
TypeSH
Market value$1.83B
13.45%
Sole
2.93M
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares2.62M
TypeSH
Market value$1.79B
13.09%
Sole
2.62M
Shared
0.00
None
0.00
INVESCO QQQ TR
SOLEShares1.76M
TypeSH
Market value$1.08B
7.92%
Sole
1.76M
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares2.69M
TypeSH
Market value$900.80M
6.61%
Sole
2.69M
Shared
0.00
None
0.00
SPDR SERIES TRUST
SOLEShares9.54M
TypeSH
Market value$764.98M
5.61%
Sole
9.54M
Shared
0.00
None
0.00
INVESCO EXCH TRADED FD TR II
SOLEShares2.63M
TypeSH
Market value$666.19M
4.89%
Sole
2.63M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares4.04M
TypeSH
Market value$445.21M
3.26%
Sole
4.04M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares791K
TypeSH
Market value$295.39M
2.17%
Sole
791K
Shared
0.00
None
0.00
J P MORGAN EXCHANGE TRADED F
SOLEShares1.27M
TypeSH
Market value$157.22M
1.15%
Sole
1.27M
Shared
0.00
None
0.00
ALPHABET INC
DFNDShares360.50K
TypeSH
Market value$112.84M
0.83%
Sole
360.50K
Shared
0.00
None
0.00
NVIDIA CORPORATION
DFNDShares511K
TypeSH
Market value$95.30M
0.70%
Sole
511K
Shared
0.00
None
0.00
APPLE INC
DFNDShares319.40K
TypeSH
Market value$86.83M
0.64%
Sole
319.40K
Shared
0.00
None
0.00
MICROSOFT CORP
DFNDShares177.90K
TypeSH
Market value$86.04M
0.63%
Sole
177.90K
Shared
0.00
None
0.00
AMAZON COM INC
DFNDShares270K
TypeSH
Market value$62.32M
0.46%
Sole
270K
Shared
0.00
None
0.00
META PLATFORMS INC
DFNDShares92.60K
TypeSH
Market value$61.12M
0.45%
Sole
92.60K
Shared
0.00
None
0.00
JPMORGAN CHASE & CO.
DFNDShares160.90K
TypeSH
Market value$51.85M
0.38%
Sole
160.90K
Shared
0.00
None
0.00
INTUITIVE SURGICAL INC
DFNDShares72.20K
TypeSH
Market value$40.89M
0.30%
Sole
72.20K
Shared
0.00
None
0.00
ELI LILLY & CO
DFNDShares36.30K
TypeSH
Market value$39.01M
0.29%
Sole
36.30K
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
DFNDShares68.10K
TypeSH
Market value$38.88M
0.29%
Sole
68.10K
Shared
0.00
None
0.00
VISA INC
DFNDShares110.30K
TypeSH
Market value$38.68M
0.28%
Sole
110.30K
Shared
0.00
None
0.00
WALMART INC
DFNDShares339.10K
TypeSH
Market value$37.78M
0.28%
Sole
339.10K
Shared
0.00
None
0.00
MICRON TECHNOLOGY INC
DFNDShares132K
TypeSH
Market value$37.67M
0.28%
Sole
132K
Shared
0.00
None
0.00
INTERCONTINENTAL EXCHANGE IN
DFNDShares203K
TypeSH
Market value$32.88M
0.24%
Sole
203K
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 | $2.45B 17.99% | 3.58M | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | LARGE CAP ETF | 6.54M | SH | $2.06B 15.10% | 6.54M | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | S&P 500 ETF SHS | 2.93M | SH | $1.83B 13.45% | 2.93M | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 2.62M | SH | $1.79B 13.09% | 2.62M | 0.00 | 0.00 |
INVESCO QQQ TRSOLE | UNIT SER 1 | 1.76M | SH | $1.08B 7.92% | 1.76M | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 2.69M | SH | $900.80M 6.61% | 2.69M | 0.00 | 0.00 |
SPDR SERIES TRUSTSOLE | STATE STREET SPD | 9.54M | SH | $764.98M 5.61% | 9.54M | 0.00 | 0.00 |
INVESCO EXCH TRADED FD TR IISOLE | NASDAQ 100 ETF | 2.63M | SH | $666.19M 4.89% | 2.63M | 0.00 | 0.00 |
ISHARES TRSOLE | IBOXX INV CP ETF | 4.04M | SH | $445.21M 3.26% | 4.04M | 0.00 | 0.00 |
ISHARES TRSOLE | RUS 1000 ETF | 791K | SH | $295.39M 2.17% | 791K | 0.00 | 0.00 |
J P MORGAN EXCHANGE TRADED FSOLE | BETABUILDRS US | 1.27M | SH | $157.22M 1.15% | 1.27M | 0.00 | 0.00 |
ALPHABET INCDFND | CAP STK CL A | 360.50K | SH | $112.84M 0.83% | 360.50K | 0.00 | 0.00 |
NVIDIA CORPORATIONDFND | COM | 511K | SH | $95.30M 0.70% | 511K | 0.00 | 0.00 |
APPLE INCDFND | COM | 319.40K | SH | $86.83M 0.64% | 319.40K | 0.00 | 0.00 |
MICROSOFT CORPDFND | COM | 177.90K | SH | $86.04M 0.63% | 177.90K | 0.00 | 0.00 |
AMAZON COM INCDFND | COM | 270K | SH | $62.32M 0.46% | 270K | 0.00 | 0.00 |
META PLATFORMS INCDFND | CL A | 92.60K | SH | $61.12M 0.45% | 92.60K | 0.00 | 0.00 |
JPMORGAN CHASE & CO.DFND | COM | 160.90K | SH | $51.85M 0.38% | 160.90K | 0.00 | 0.00 |
INTUITIVE SURGICAL INCDFND | COM NEW | 72.20K | SH | $40.89M 0.30% | 72.20K | 0.00 | 0.00 |
ELI LILLY & CODFND | COM | 36.30K | SH | $39.01M 0.29% | 36.30K | 0.00 | 0.00 |
MASTERCARD INCORPORATEDDFND | CL A | 68.10K | SH | $38.88M 0.29% | 68.10K | 0.00 | 0.00 |
VISA INCDFND | COM CL A | 110.30K | SH | $38.68M 0.28% | 110.30K | 0.00 | 0.00 |
WALMART INCDFND | COM | 339.10K | SH | $37.78M 0.28% | 339.10K | 0.00 | 0.00 |
MICRON TECHNOLOGY INCDFND | COM | 132K | SH | $37.67M 0.28% | 132K | 0.00 | 0.00 |
INTERCONTINENTAL EXCHANGE INDFND | COM | 203K | SH | $32.88M 0.24% | 203K | 0.00 | 0.00 |
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