Varma Mutual Pension Insurance Co
SEC Form 13F institutional filer · CIK 0001698484
13F-HR · 248 reported holdings · 2026-03-31
Pension insurance company.
Reported long-US-equity value
$9.86B
Top-10 concentration
44.1%
Varma Mutual Pension Insurance Co — $9.86B AUM allocation strategy
Varma Mutual Pension Insurance Co files SEC Form 13F and reports $9.86B of long US equity value across 248 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 19.3%, followed by Communication Services 6.7% and Financials 6.7%.
The top 10 holdings account for 44% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Varma Mutual Pension Insurance Co — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$9.86B
total across 248 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
44% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$PFE +60K sh · +$4.74M+$BMY +40K sh · +$4.79M+$CMG +40K sh · −$250K
Biggest trims (shares)
−$AMCR −1.03M sh · −$500K−$NVDA −108K sh · −$67.4M−$HPQ −98K sh · −$2.88M
Exited to nil (held last quarter, gone now)
$VOO ($757M last qtr)$IVZ ($327M last qtr)$DXCM ($1.33M last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Semiconductors8.9%—
- Interactive Media & Services6.7%—
- Technology Hardware, Storage & Peripherals6.3%—
- Systems Software4.2%—
- Asset Management & Custody Banks3.7%—
- Broadline Retail3.3%—
- Pharmaceuticals2.1%—
- Integrated Oil & Gas1.8%—
- Other holdings63.2%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
8 of 8 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $NVDA | NVIDIA Corporation | 3.91M | $682M | -108K | 6.9% |
| $AAPL | Apple Inc | 2.44M | $618M | -59K | 6.3% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 1.54M | $443M | -60K | 4.5% |
| $MSFT | Microsoft Corporation | 1.12M | $414M | -21.6K | 4.2% |
| $BLK | BlackRock Inc | 4.84M | $364M | +0 | 3.7% |
| $AMZN | Amazon.com Inc | 1.56M | $324M | -75K | 3.3% |
| $META | Meta Platforms Inc | 381K | $218M | +5.65K | 2.2% |
| $AVGO | Broadcom Inc | 622K | $192M | -21.2K | 2.0% |
…and 240 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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