Filed: 11/6/2025ACC: 0001140361-25-040748
📋 What this filing means
VARMA MUTUAL PENSION INSURANCE CO filed this quarterly 13F‑HR report disclosing 312 equity positions with a total reported market value of $15.59B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
312
Positions
$15.59B
Total AUM (reported)
246.93M
Total Shares
Allocation by class
COM$7.21B46.2%
MSCI NORTH AMER$2.39B15.3%
MSCI CLIMATE 500$1.36B8.7%
XTRACKERS MSCI E$965.94M6.2%
CL A$606.42M3.9%
CAP STK CL A$391.56M2.5%
RUSSELL 2000 ETF$352.79M2.3%
Portfolio Concentration
Top 3$4.71B30.2%
4–10$3.41B21.9%
11–25$1.98B12.7%
Rest$5.49B35.2%
Top 3 weight
30.2%
Top 10 weight
52.1%
Voting Authority Distribution
Total shares with voting rights: 246.93M
Sole
Full voting authority
246.93M
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)
Sole312
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings312
Rows:
INVESCO EXCH TRADED FD TR II
SOLEShares87.33M
TypeSH
Market value$2.39B
15.31%
Sole
87.33M
Shared
0.00
None
0.00
INVESCO EXCH TRADED FD TR II
SOLEShares44.93M
TypeSH
Market value$1.36B
8.73%
Sole
44.93M
Shared
0.00
None
0.00
DBX ETF TR
SOLEShares27.94M
TypeSH
Market value$965.94M
6.19%
Sole
27.94M
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares3.97M
TypeSH
Market value$740.57M
4.75%
Sole
3.97M
Shared
0.00
None
0.00
APPLE INC
SOLEShares2.39M
TypeSH
Market value$608.94M
3.90%
Sole
2.39M
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares1.16M
TypeSH
Market value$602.57M
3.86%
Sole
1.16M
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares1.61M
TypeSH
Market value$391.56M
2.51%
Sole
1.61M
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares1.65M
TypeSH
Market value$361.57M
2.32%
Sole
1.65M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares1.46M
TypeSH
Market value$352.79M
2.26%
Sole
1.46M
Shared
0.00
None
0.00
BLACKROCK ETF TRUST
SOLEShares4.81M
TypeSH
Market value$349.39M
2.24%
Sole
4.81M
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares374.04K
TypeSH
Market value$274.69M
1.76%
Sole
374.04K
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS
SOLEShares2.70M
TypeSH
Market value$227.10M
1.46%
Sole
2.70M
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares621.23K
TypeSH
Market value$204.95M
1.31%
Sole
621.23K
Shared
0.00
None
0.00
TESLA INC
SOLEShares392.12K
TypeSH
Market value$174.38M
1.12%
Sole
392.12K
Shared
0.00
None
0.00
JPMORGAN CHASE & CO.
SOLEShares452.21K
TypeSH
Market value$142.64M
0.91%
Sole
452.21K
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS
SOLEShares1.60M
TypeSH
Market value$124.24M
0.80%
Sole
1.60M
Shared
0.00
None
0.00
DBX ETF TR
SOLEShares3.64M
TypeSH
Market value$120.08M
0.77%
Sole
3.64M
Shared
0.00
None
0.00
TAIWAN SEMICONDUCTOR MFG LTD
SOLEShares364.60K
TypeSH
Market value$101.83M
0.65%
Sole
364.60K
Shared
0.00
None
0.00
VISA INC
SOLEShares291.84K
TypeSH
Market value$99.63M
0.64%
Sole
291.84K
Shared
0.00
None
0.00
ORACLE CORP
SOLEShares351.42K
TypeSH
Market value$98.83M
0.63%
Sole
351.42K
Shared
0.00
None
0.00
ELI LILLY & CO
SOLEShares121.47K
TypeSH
Market value$92.68M
0.59%
Sole
121.47K
Shared
0.00
None
0.00
VANGUARD WHITEHALL FDS
SOLEShares1.25M
TypeSH
Market value$83.63M
0.54%
Sole
1.25M
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
SOLEShares141.31K
TypeSH
Market value$80.38M
0.52%
Sole
141.31K
Shared
0.00
None
0.00
VANECK ETF TRUST
SOLEShares3.10M
TypeSH
Market value$79.08M
0.51%
Sole
3.10M
Shared
0.00
None
0.00
NETFLIX INC
SOLEShares61.67K
TypeSH
Market value$73.94M
0.47%
Sole
61.67K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
INVESCO EXCH TRADED FD TR IISOLE | MSCI NORTH AMER | 87.33M | SH | $2.39B 15.31% | 87.33M | 0.00 | 0.00 |
INVESCO EXCH TRADED FD TR IISOLE | MSCI CLIMATE 500 | 44.93M | SH | $1.36B 8.73% | 44.93M | 0.00 | 0.00 |
DBX ETF TRSOLE | XTRACKERS MSCI E | 27.94M | SH | $965.94M 6.19% | 27.94M | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 3.97M | SH | $740.57M 4.75% | 3.97M | 0.00 | 0.00 |
APPLE INCSOLE | COM | 2.39M | SH | $608.94M 3.90% | 2.39M | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 1.16M | SH | $602.57M 3.86% | 1.16M | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 1.61M | SH | $391.56M 2.51% | 1.61M | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 1.65M | SH | $361.57M 2.32% | 1.65M | 0.00 | 0.00 |
ISHARES TRSOLE | RUSSELL 2000 ETF | 1.46M | SH | $352.79M 2.26% | 1.46M | 0.00 | 0.00 |
BLACKROCK ETF TRUSTSOLE | US CARBON TRANS | 4.81M | SH | $349.39M 2.24% | 4.81M | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 374.04K | SH | $274.69M 1.76% | 374.04K | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDSSOLE | INT-TERM CORP | 2.70M | SH | $227.10M 1.46% | 2.70M | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 621.23K | SH | $204.95M 1.31% | 621.23K | 0.00 | 0.00 |
TESLA INCSOLE | COM | 392.12K | SH | $174.38M 1.12% | 392.12K | 0.00 | 0.00 |
JPMORGAN CHASE & CO.SOLE | COM | 452.21K | SH | $142.64M 0.91% | 452.21K | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDSSOLE | LG-TERM COR BD | 1.60M | SH | $124.24M 0.80% | 1.60M | 0.00 | 0.00 |
DBX ETF TRSOLE | XTRACK HRVST CSI | 3.64M | SH | $120.08M 0.77% | 3.64M | 0.00 | 0.00 |
TAIWAN SEMICONDUCTOR MFG LTDSOLE | SPONSORED ADS | 364.60K | SH | $101.83M 0.65% | 364.60K | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 291.84K | SH | $99.63M 0.64% | 291.84K | 0.00 | 0.00 |
ORACLE CORPSOLE | COM | 351.42K | SH | $98.83M 0.63% | 351.42K | 0.00 | 0.00 |
ELI LILLY & COSOLE | COM | 121.47K | SH | $92.68M 0.59% | 121.47K | 0.00 | 0.00 |
VANGUARD WHITEHALL FDSSOLE | EM MK GOV BD ETF | 1.25M | SH | $83.63M 0.54% | 1.25M | 0.00 | 0.00 |
MASTERCARD INCORPORATEDSOLE | CL A | 141.31K | SH | $80.38M 0.52% | 141.31K | 0.00 | 0.00 |
VANECK ETF TRUSTSOLE | JP MRGAN EM LOC | 3.10M | SH | $79.08M 0.51% | 3.10M | 0.00 | 0.00 |
NETFLIX INCSOLE | COM | 61.67K | SH | $73.94M 0.47% | 61.67K | 0.00 | 0.00 |
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