National Pension Service
- SEC CIK
- 0001608046
- Latest filing
- Aug 13, 2026
Holdings in Q2 2025
Holdings as of Jun 30, 2025, filed Aug 8, 2025. Long positions only; changes compare share counts with Q1 2025.
- Positions
- 534
- −6 vs. Q1 2025
- Portfolio value
- $115.8B
- +$11.8B (+11.3%) vs. Q1 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| NVDANVIDIA Corp | Stock | 46,535,267 | $7.35B | 6.3% | −1,140,329−2.4% | Reduced | History |
| MSFTMicrosoft Corp | Stock | 13,664,645 | $6.80B | 5.9% | −2,8270.0% | Reduced | History |
| AAPLApple Inc. | Stock | 28,813,985 | $5.91B | 5.1% | +219,494+0.8% | Added | History |
| Invesco Exch Traded FD Tr II46138E461 | PURBTA MSCI US | 70,631,785 | $4.39B | 3.8% | 00.0% | Unchanged | – |
| AMZNAmazon Com Inc | Stock | 18,352,886 | $4.03B | 3.5% | +393,044+2.2% | Added | History |
| METAMeta Platforms, Inc. | Stock | 4,331,629 | $3.20B | 2.8% | −75,137−1.7% | Reduced | History |
| iShares Core S&P 500 ETF464287200 | ETF | 4,119,355 | $2.56B | 2.2% | 00.0% | Unchanged | – |
| AVGOBroadcom Inc. | Stock | 8,581,997 | $2.37B | 2.0% | −326,307−3.7% | Reduced | History |
| GOOGLAlphabet Inc. | Stock | 11,584,502 | $2.04B | 1.8% | +60,660+0.5% | Added | History |
| TSLATesla, Inc. | Stock | 5,517,336 | $1.75B | 1.5% | +176,645+3.3% | Added | History |
| GOOGAlphabet Inc. | Stock | 9,872,626 | $1.75B | 1.5% | −19,410−0.2% | Reduced | History |
| JPMJPMorgan Chase & Co | Stock | 5,271,990 | $1.53B | 1.3% | +72,807+1.4% | Added | History |
| NFLXNetflix Inc | Stock | 899,484 | $1.20B | 1.0% | +30,249+3.5% | Added | History |
| LLYEli Lilly & Co | Stock | 1,543,238 | $1.20B | 1.0% | −84,359−5.2% | Reduced | History |
| BRK.BBerkshire Hathaway Inc | Stock | 2,469,534 | $1.20B | 1.0% | +83,515+3.5% | Added | History |
| VVisa Inc. | Stock | 3,136,548 | $1.11B | 1.0% | +140,213+4.7% | Added | History |
| XOMExxonMobil Holdings Corp | COM | 8,941,990 | $963.9M | 0.8% | +451,637+5.3% | Added | History |
| COSTCostco Wholesale Corp | Stock | 971,035 | $961.3M | 0.8% | +109,390+12.7% | Added | History |
| WMTWalmart Inc. | Stock | 8,879,979 | $868.3M | 0.7% | −433,352−4.7% | Reduced | History |
| MAMastercard Inc | Stock | 1,519,790 | $854.0M | 0.7% | −57,122−3.6% | Reduced | History |
| PGProcter & Gamble Co | Stock | 4,889,223 | $779.0M | 0.7% | +135,050+2.8% | Added | History |
| HDHome Depot, Inc. | Stock | 2,007,389 | $736.0M | 0.6% | +44,040+2.2% | Added | History |
| ORCLOracle Corp | Stock | 3,348,663 | $732.1M | 0.6% | −66,931−2.0% | Reduced | History |
| JNJJohnson & Johnson | Stock | 4,774,862 | $729.4M | 0.6% | −82,357−1.7% | Reduced | History |
| ABBVAbbVie Inc. | Stock | 3,820,450 | $709.2M | 0.6% | +210,615+5.8% | Added | History |
| PMPhilip Morris International Inc. | Stock | 3,712,064 | $676.1M | 0.6% | −55,615−1.5% | Reduced | History |
| IBMInternational Business Machines Corp | Stock | 2,178,026 | $642.0M | 0.6% | −65,516−2.9% | Reduced | History |
| BACBank of America Corp | Stock | 13,512,376 | $639.4M | 0.6% | +542,102+4.2% | Added | History |
| CSCOCisco Systems, Inc. | Stock | 9,049,429 | $627.8M | 0.5% | −254,766−2.7% | Reduced | History |
| KOCoca Cola Co | Stock | 8,666,229 | $613.1M | 0.5% | −485,357−5.3% | Reduced | History |
| GEGeneral Electric Co | Stock | 2,328,584 | $599.4M | 0.5% | −91,083−3.8% | Reduced | History |
| PLTRPalantir Technologies Inc. | Stock | 4,367,253 | $595.3M | 0.5% | −838,485−16.1% | Reduced | History |
| CRMSalesforce, Inc. | Stock | 2,155,698 | $587.8M | 0.5% | +3,790+0.2% | Added | History |
| UNHUnitedHealth Group Inc | Stock | 1,822,757 | $568.6M | 0.5% | −7,410−0.4% | Reduced | History |
| DISWalt Disney Co | Stock | 4,362,135 | $540.9M | 0.5% | +463,128+11.9% | Added | History |
| INTUIntuit Inc. | Stock | 655,890 | $516.6M | 0.4% | +64,554+10.9% | Added | History |
| WFCWells Fargo & Company | Stock | 6,417,035 | $514.1M | 0.4% | +7,962+0.1% | Added | History |
| CVXChevron Corp | Stock | 3,461,940 | $495.7M | 0.4% | +133,868+4.0% | Added | History |
| BKNGBooking Holdings Inc. | Stock | 81,850 | $473.8M | 0.4% | +10,383+14.5% | Added | History |
| ABTAbbott Laboratories | Stock | 3,468,778 | $471.8M | 0.4% | −135,250−3.8% | Reduced | History |
| TAT&T Inc. | Stock | 16,270,803 | $470.9M | 0.4% | −20,431−0.1% | Reduced | History |
| AMDAdvanced Micro Devices Inc | Stock | 3,286,275 | $466.3M | 0.4% | −36,045−1.1% | Reduced | History |
| GSGoldman Sachs Group Inc | Stock | 645,998 | $457.2M | 0.4% | +32,792+5.3% | Added | History |
| LINLinde PLC | Stock | 942,892 | $442.4M | 0.4% | −65,676−6.5% | Reduced | History |
| MRKMerck & Co., Inc. | Stock | 5,531,803 | $437.9M | 0.4% | +258,320+4.9% | Added | History |
| MCDMcDonalds Corp | Stock | 1,495,271 | $436.9M | 0.4% | −114,360−7.1% | Reduced | History |
| NOWServiceNow, Inc. | Stock | 402,812 | $414.1M | 0.4% | −202−0.1% | Reduced | History |
| VZVerizon Communications Inc | Stock | 9,569,160 | $414.1M | 0.4% | −915,763−8.7% | Reduced | History |
| QCOMQualcomm Inc | Stock | 2,556,849 | $407.2M | 0.4% | +9,773+0.4% | Added | History |
| AMATApplied Materials Inc | Stock | 2,201,543 | $403.0M | 0.3% | +290,372+15.2% | Added | History |
| UBERUber Technologies, Inc | Stock | 4,317,114 | $402.8M | 0.3% | +98,028+2.3% | Added | History |
| RTXRTX Corp | Stock | 2,731,407 | $398.8M | 0.3% | −360,103−11.6% | Reduced | History |
| PEPPepsiCo Inc | Stock | 2,986,735 | $394.4M | 0.3% | +109,484+3.8% | Added | History |
| TXNTexas Instruments Inc | Stock | 1,899,437 | $394.4M | 0.3% | −123,879−6.1% | Reduced | History |
| ACNAccenture plc | Stock | 1,309,465 | $391.4M | 0.3% | −56,573−4.1% | Reduced | History |
| CATCaterpillar Inc | Stock | 994,303 | $386.0M | 0.3% | −3,274−0.3% | Reduced | History |
| PGRProgressive Corp | Stock | 1,408,771 | $375.9M | 0.3% | +54,701+4.0% | Added | History |
| ISRGIntuitive Surgical Inc | COM NEW | 682,577 | $370.9M | 0.3% | −115,352−14.5% | Reduced | History |
| T Rowe Price Exchange-Traded87283Q503 | US EQUI RESH ETF | 9,513,375 | $370.0M | 0.3% | 00.0% | Unchanged | – |
| MSMorgan Stanley | Stock | 2,592,686 | $365.2M | 0.3% | +192,702+8.0% | Added | History |
| BSXBoston Scientific Corp | Stock | 3,375,933 | $362.6M | 0.3% | −147,209−4.2% | Reduced | History |
| GILDGilead Sciences, Inc. | Stock | 3,261,413 | $361.6M | 0.3% | −211,960−6.1% | Reduced | History |
| ADBEAdobe Inc. | Stock | 925,463 | $358.0M | 0.3% | −3,061−0.3% | Reduced | History |
| AXPAmerican Express Co | Stock | 1,122,097 | $357.9M | 0.3% | +11,095+1.0% | Added | History |
| iShares Inc464286764 | MSCI SPAIN ETF | 8,092,278 | $356.7M | 0.3% | 00.0% | Unchanged | – |
| SCHWSchwab Charles Corp | Stock | 3,840,019 | $350.4M | 0.3% | +692,603+22.0% | Added | History |
| PANWPalo Alto Networks Inc | Stock | 1,686,962 | $345.2M | 0.3% | +270,233+19.1% | Added | History |
| CEGConstellation Energy Corp | Stock | 1,038,144 | $335.1M | 0.3% | +188,245+22.1% | Added | History |
| LRCXLam Research Corp | Stock | 3,421,664 | $333.1M | 0.3% | +238,775+7.5% | Added | History |
| MUMicron Technology Inc | Stock | 2,697,647 | $332.5M | 0.3% | −45,463−1.7% | Reduced | History |
| NEENextera Energy Inc | Stock | 4,785,123 | $332.2M | 0.3% | +15,388+0.3% | Added | History |
| CCitigroup Inc | Stock | 3,900,825 | $332.0M | 0.3% | +62,374+1.6% | Added | History |
| APHAmphenol Corp | CL A | 3,280,941 | $324.0M | 0.3% | +413,121+14.4% | Added | History |
| TMOThermo Fisher Scientific Inc. | Stock | 797,302 | $323.3M | 0.3% | +1,148+0.1% | Added | History |
| KLACKLA Corp | COM NEW | 358,792 | $321.4M | 0.3% | +49,966+16.2% | Added | History |
| MELIMercadolibre Inc | COM | 122,883 | $321.2M | 0.3% | +21,030+20.6% | Added | History |
| AMGNAmgen Inc | Stock | 1,146,313 | $320.1M | 0.3% | −17,376−1.5% | Reduced | History |
| HONHoneywell International Inc | COM | 1,366,393 | $318.2M | 0.3% | −6,595−0.5% | Reduced | History |
| COFCapital One Financial Corp | Stock | 1,493,636 | $317.8M | 0.3% | +628,507+72.6% | Added | History |
| BABoeing Co | Stock | 1,513,061 | $317.0M | 0.3% | +179,930+13.5% | Added | History |
| ADIAnalog Devices Inc | Stock | 1,323,143 | $314.9M | 0.3% | +220,379+20.0% | Added | History |
| BLKBlackRock, Inc. | Stock | 297,826 | $312.5M | 0.3% | −30,408−9.3% | Reduced | History |
| CMCSAComcast Corp | Stock | 8,735,089 | $311.8M | 0.3% | +139,070+1.6% | Added | History |
| SPGIS&P Global Inc. | Stock | 588,958 | $310.6M | 0.3% | −69,325−10.5% | Reduced | History |
| ANETArista Networks, Inc. | Stock | 3,026,712 | $309.7M | 0.3% | +102,776+3.5% | Added | History |
| TJXTJX Companies Inc | Stock | 2,454,452 | $303.1M | 0.3% | −404,162−14.1% | Reduced | History |
| PFEPfizer Inc | Stock | 12,499,354 | $303.0M | 0.3% | −119,117−0.9% | Reduced | History |
| DEDeere & Co | Stock | 592,052 | $301.1M | 0.3% | −16,512−2.7% | Reduced | History |
| UNPUnion Pacific Corp | Stock | 1,268,516 | $291.9M | 0.3% | +4680.0% | Added | History |
| RCLRoyal Caribbean Cruises Ltd | COM | 926,591 | $290.2M | 0.3% | −65,988−6.6% | Reduced | History |
| COPConocoPhillips | Stock | 3,168,859 | $284.4M | 0.2% | +589,836+22.9% | Added | History |
| DHRDanaher Corp | Stock | 1,412,097 | $278.9M | 0.2% | −3,340−0.2% | Reduced | History |
| LOWLowes Companies Inc | Stock | 1,253,096 | $278.0M | 0.2% | +52,147+4.3% | Added | History |
| TMUST-Mobile US, Inc. | Stock | 1,166,254 | $277.9M | 0.2% | −39,426−3.3% | Reduced | History |
| MDLZMondelez International, Inc. | Stock | 4,106,551 | $276.9M | 0.2% | +998,953+32.1% | Added | History |
| APPAppLovin Corp | COM CL A | 790,271 | $276.7M | 0.2% | +356,443+82.2% | Added | History |
| MCKMcKesson Corp | Stock | 376,778 | $276.1M | 0.2% | +53,577+16.6% | Added | History |
| ETNEaton Corp plc | Stock | 761,396 | $271.8M | 0.2% | −142,917−15.8% | Reduced | History |
| TTTrane Technologies plc | SHS | 619,166 | $270.8M | 0.2% | −8,199−1.3% | Reduced | History |
| CVSCVS Health Corp | Stock | 3,880,433 | $267.7M | 0.2% | +728,036+23.1% | Added | History |
Sold out since Q1 2025 (8)
Positions held at the end of Q1 2025 that are gone from this filing.
| Security | Class | Shares in Q1 2025 | Value in Q1 2025 | % of portfolio in Q1 2025 | History |
|---|---|---|---|---|---|
| CRHCRH Public Ltd Co | ORD | 2,154,053 | $189.5M | 0.2% | History |
| DFSDiscover Financial Services | COM | 420,031 | $71.7M | 0.1% | History |
| GPCGenuine Parts Co | Stock | 510 | $60.8K | <0.1% | History |
| ALGNAlign Technology Inc | COM | 265 | $42.1K | <0.1% | History |
| DAYDayforce, Inc. | COM | 541 | $31.6K | <0.1% | History |
| DVADavita Inc. | COM | 197 | $30.1K | <0.1% | History |
| AOSSmith A O Corp | COM | 458 | $29.9K | <0.1% | History |
| MRPMillrose Properties, Inc. | COM CL A | 442 | $11.7K | <0.1% | History |