National Pension Service
Net buyer this quarter
$155.1B
545
+$2.81B
32.6%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 NVDA | $10.2B | 6.56% | 0.21% | -0.9% | Q3 2014 |
 AAPL | $9.12B | 5.88% | 0.22% | +1.6% | Q3 2014 |
 MSFT | $5.68B | 3.67% | 0.21% | +2.2% | Q3 2014 |
 AMZN | $5B | 3.22% | 0.19% | +2.6% | Q3 2014 |
 GOOGL | $4.68B | 3.02% | 0.11% | +2.4% | Q4 2022 |
| GOOG | $3.73B | 2.40% | Not reported | -0.6% | Q4 2022 |
 AVGO | $3.63B | 2.34% | 0.20% | +2.5% | Q4 2022 |
 MU | $3.33B | 2.15% | 0.26% | +0.4% | Q3 2014 |
 META | $2.73B | 1.76% | Not reported | +3.3% | Q3 2014 |
 TSLA | $2.53B | 1.63% | 0.15% | +2.2% | Q3 2014 |
 AMD | $2.09B | 1.35% | 0.22% | +1.4% | Q4 2022 |
 LLY | $2.02B | 1.30% | 0.18% | +1.3% | Q3 2014 |
 JPM | $1.82B | 1.17% | 0.21% | +0.7% | Q3 2014 |
 LRCX | $1.46B | 0.94% | 0.27% | -0.1% | Q4 2022 |
 AMAT | $1.42B | 0.91% | 0.25% | +0.5% | Q3 2014 |
 BRK.B | $1.4B | 0.91% | Not reported | +2.7% | Q3 2014 |
 INTC | $1.4B | 0.90% | 0.20% | -2.0% | Q3 2014 |
 JNJ | $1.33B | 0.86% | 0.22% | +1.3% | Q3 2014 |
 XOM | $1.32B | 0.85% | 0.24% | +1.8% | Q3 2014 |
 V | $1.19B | 0.76% | 0.18% | +1.7% | Q3 2014 |
 WMT | $1.17B | 0.75% | 0.13% | +3.5% | Q3 2014 |
 CSCO | $1.14B | 0.74% | 0.25% | +0.9% | Q3 2014 |
 KLAC | $1.1B | 0.71% | 0.28% | -0.1% | Q3 2014 |
 CAT | $1.08B | 0.69% | 0.22% | +2.2% | Q3 2014 |
 ABBV | $1.01B | 0.65% | 0.23% | +1.5% | Q3 2014 |
 GE | $910M | 0.59% | 0.23% | +1.9% | Q4 2022 |
 COST | $904M | 0.58% | 0.22% | +3.6% | Q3 2014 |
 MA | $887M | 0.57% | 0.14% | +0.3% | Q3 2014 |
 BAC | $885M | 0.57% | 0.22% | +0.3% | Q3 2014 |
 WDC | $882M | 0.57% | 0.40% | -4.0% | Q3 2014 |
 MRVL | $833M | 0.54% | 0.32% | -2.5% | Q4 2022 |
 PG | $827M | 0.53% | 0.24% | +3.1% | Q3 2014 |
 UNH | $819M | 0.53% | 0.22% | +1.2% | Q3 2014 |
 STX | $805M | 0.52% | 0.37% | +0.8% | Q1 2024 |
 HD | $791M | 0.51% | 0.23% | +2.5% | Q3 2014 |
 KO | $760M | 0.49% | 0.22% | +0.7% | Q3 2014 |
 TGRW | $755M | 0.49% | Not reported | Not reported | Q2 2024 |
 CVX | $750M | 0.48% | 0.23% | +1.0% | Q3 2014 |
 MRK | $744M | 0.48% | 0.23% | +0.5% | Q3 2014 |
 NFLX | $694M | 0.45% | 0.23% | +2.8% | Q3 2014 |
 GS | $678M | 0.44% | 0.23% | -0.7% | Q3 2014 |
 PM | $675M | 0.44% | 0.24% | +3.3% | Q3 2014 |
 INFO | $668M | 0.43% | 454.55% | Not reported | Q4 2024 |
 PANW | $667M | 0.43% | 0.24% | -9.1% | Q4 2022 |
 GEV | $663M | 0.43% | 0.21% | +3.0% | Q2 2024 |
 IBM | $661M | 0.43% | 0.25% | +2.8% | Q3 2014 |
 TXN | $632M | 0.41% | 0.23% | +0.9% | Q3 2014 |
 LIN | $624M | 0.40% | 0.26% | +0.2% | Q1 2024 |
 MS | $619M | 0.40% | 0.19% | +0.3% | Q3 2014 |
 PLTR | $611M | 0.39% | 0.22% | +1.0% | Q2 2023 |
| Q1 2026 | |||||
| NVDA | $8.94B | 6.79% | 0.21% | +2.3% | Q3 2014 |
| AAPL | $7.87B | 5.98% | 0.21% | +2.7% | Q3 2014 |
| MSFT | $5.52B | 4.19% | 0.20% | +2.8% | Q3 2014 |
| AMZN | $4.26B | 3.23% | 0.19% | +3.0% | Q3 2014 |
| GOOGL | $3.68B | 2.79% | 0.11% | +2.6% | Q4 2022 |
| GOOG | $3.04B | 2.31% | Not reported | +2.1% | Q4 2022 |
| AVGO | $2.9B | 2.21% | 0.20% | +2.9% | Q4 2022 |
| META | $2.69B | 2.04% | Not reported | +1.9% | Q3 2014 |
| TSLA | $2.19B | 1.66% | 0.16% | +3.8% | Q3 2014 |
| JPM | $1.62B | 1.23% | 0.21% | +1.9% | Q3 2014 |
| XOM | $1.61B | 1.22% | 0.23% | +1.8% | Q3 2014 |
| LLY | $1.53B | 1.16% | 0.18% | +2.8% | Q3 2014 |
| BRK.B | $1.31B | 0.99% | Not reported | +2.9% | Q3 2014 |
| JNJ | $1.26B | 0.96% | 0.21% | +3.4% | Q3 2014 |
| WMT | $1.24B | 0.94% | 0.13% | +1.6% | Q3 2014 |
| V | $1.03B | 0.78% | 0.18% | +3.1% | Q3 2014 |
| MU | $972M | 0.74% | 0.26% | -5.8% | Q3 2014 |
| COST | $930M | 0.71% | 0.21% | +1.6% | Q3 2014 |
| CVX | $927M | 0.70% | 0.22% | +2.7% | Q3 2014 |
| NFLX | $909M | 0.69% | 0.22% | +0.9% | Q3 2014 |
| MA | $860M | 0.65% | 0.14% | +2.3% | Q3 2014 |
| ABBV | $859M | 0.65% | 0.22% | +2.4% | Q3 2014 |
| PG | $790M | 0.60% | 0.24% | +1.3% | Q3 2014 |
| PLTR | $758M | 0.58% | 0.22% | +8.4% | Q2 2023 |
| BAC | $755M | 0.57% | 0.22% | +2.2% | Q3 2014 |
| CSCO | $747M | 0.57% | 0.24% | +1.0% | Q3 2014 |
| AMD | $723M | 0.55% | 0.22% | +3.5% | Q4 2022 |
| HD | $720M | 0.55% | 0.22% | +2.4% | Q3 2014 |
| LRCX | $719M | 0.55% | 0.27% | +1.6% | Q4 2022 |
| KO | $706M | 0.54% | 0.22% | +2.0% | Q3 2014 |
| CAT | $700M | 0.53% | 0.21% | +1.0% | Q3 2014 |
| MRK | $693M | 0.53% | 0.23% | -0.5% | Q3 2014 |
| GE | $678M | 0.52% | 0.23% | +0.7% | Q4 2022 |
| AMAT | $667M | 0.51% | 0.25% | +0.9% | Q3 2014 |
| TGRW | $640M | 0.49% | Not reported | Not reported | Q2 2024 |
| PM | $597M | 0.45% | 0.23% | +0.7% | Q3 2014 |
| LIN | $595M | 0.45% | 0.26% | +0.1% | Q1 2024 |
 WFC | $583M | 0.44% | 0.24% | +0.5% | Q3 2014 |
| INFO | $577M | 0.44% | 454.55% | Not reported | Q4 2024 |
| GS | $571M | 0.43% | 0.23% | +2.2% | Q3 2014 |
 ORCL | $555M | 0.42% | 0.13% | +2.8% | Q3 2014 |
| IBM | $554M | 0.42% | 0.24% | +0.8% | Q3 2014 |
 RTX | $546M | 0.41% | 0.21% | +2.4% | Q4 2022 |
| KLAC | $536M | 0.41% | 0.28% | -0.1% | Q3 2014 |
 VZ | $531M | 0.40% | 0.25% | +2.5% | Q3 2014 |
| UNH | $527M | 0.40% | 0.21% | +1.4% | Q3 2014 |
 T | $505M | 0.38% | 0.25% | -2.7% | Q3 2014 |
 MCD | $502M | 0.38% | 0.23% | +3.7% | Q3 2014 |
 PEP | $502M | 0.38% | 0.24% | +2.8% | Q3 2014 |
| MS | $486M | 0.37% | 0.19% | +4.4% | Q3 2014 |
| Q4 2025 | |||||
| NVDA | $9.34B | 6.92% | 0.21% | +1.1% | Q3 2014 |
| AAPL | $8.21B | 6.08% | 0.21% | +1.6% | Q3 2014 |
| MSFT | $7.02B | 5.20% | 0.20% | +1.5% | Q3 2014 |
| AMZN | $4.58B | 3.39% | 0.18% | +4.8% | Q3 2014 |
| GOOGL | $3.9B | 2.89% | 0.10% | +4.4% | Q4 2022 |
| GOOG | $3.26B | 2.41% | Not reported | +2.0% | Q4 2022 |
| AVGO | $3.16B | 2.34% | 0.19% | +2.9% | Q4 2022 |
| META | $3.04B | 2.25% | Not reported | +3.1% | Q3 2014 |
| TSLA | $2.55B | 1.89% | 0.15% | -0.2% | Q3 2014 |
| JPM | $1.74B | 1.29% | 0.20% | -0.8% | Q3 2014 |
| LLY | $1.74B | 1.29% | 0.17% | +1.5% | Q3 2014 |
| BRK.B | $1.33B | 0.99% | Not reported | +4.3% | Q3 2014 |
| V | $1.16B | 0.86% | 0.18% | +2.0% | Q3 2014 |
| XOM | $1.12B | 0.83% | 0.22% | +1.2% | Q3 2014 |
| WMT | $1.09B | 0.81% | 0.12% | +7.1% | Q3 2014 |
| JNJ | $1.03B | 0.76% | 0.21% | +1.3% | Q3 2014 |
| MA | $960M | 0.71% | 0.14% | +6.9% | Q3 2014 |
| ABBV | $881M | 0.65% | 0.22% | -2.0% | Q3 2014 |
| NFLX | $879M | 0.65% | 0.22% | +1.1% | Q3 2014 |
| MU | $871M | 0.64% | 0.27% | +8.4% | Q3 2014 |
| PLTR | $850M | 0.63% | 0.20% | +6.9% | Q2 2023 |
| BAC | $834M | 0.62% | 0.21% | +9.3% | Q3 2014 |
| COST | $793M | 0.59% | 0.21% | -7.9% | Q3 2014 |
| PG | $774M | 0.57% | 0.23% | +7.4% | Q3 2014 |
| HD | $736M | 0.54% | 0.21% | +3.5% | Q3 2014 |
| AMD | $735M | 0.54% | 0.21% | +1.6% | Q4 2022 |
| CSCO | $734M | 0.54% | 0.24% | +2.2% | Q3 2014 |
| GE | $731M | 0.54% | 0.23% | -0.7% | Q4 2022 |
| TGRW | $728M | 0.54% | Not reported | Not reported | Q2 2024 |
| ORCL | $716M | 0.53% | 0.13% | +6.4% | Q3 2014 |
| WFC | $679M | 0.50% | 0.24% | +9.8% | Q3 2014 |
| IBM | $672M | 0.50% | 0.24% | +1.2% | Q3 2014 |
| CVX | $665M | 0.49% | 0.22% | +10.7% | Q3 2014 |
| KO | $637M | 0.47% | 0.21% | +2.5% | Q3 2014 |
| UNH | $634M | 0.47% | 0.21% | +2.3% | Q3 2014 |
| MRK | $609M | 0.45% | 0.23% | +1.4% | Q3 2014 |
| INFO | $602M | 0.45% | 454.55% | Not reported | Q4 2024 |
| GS | $580M | 0.43% | 0.22% | -0.9% | Q3 2014 |
| PM | $575M | 0.43% | 0.23% | -5.9% | Q3 2014 |
| LRCX | $567M | 0.42% | 0.26% | -5.9% | Q4 2022 |
| CAT | $561M | 0.42% | 0.21% | -4.5% | Q3 2014 |
 CRM | $555M | 0.41% | 0.22% | -5.1% | Q3 2014 |
| LIN | $511M | 0.38% | 0.26% | +23.9% | Q1 2024 |
| RTX | $506M | 0.37% | 0.21% | -1.7% | Q4 2022 |
 ABT | $504M | 0.37% | 0.23% | +12.8% | Q3 2014 |
| MS | $502M | 0.37% | 0.18% | +6.1% | Q3 2014 |
| AMAT | $497M | 0.37% | 0.24% | -14.3% | Q3 2014 |
| MCD | $476M | 0.35% | 0.22% | +1.6% | Q3 2014 |
 APP | $474M | 0.35% | 0.21% | -15.5% | Q2 2024 |
 DIS | $472M | 0.35% | 0.23% | -6.9% | Q3 2014 |
| Q3 2025 | |||||
| NVDA | $9.25B | 7.18% | 0.20% | +6.5% | Q3 2014 |
| AAPL | $7.57B | 5.88% | 0.20% | +3.2% | Q3 2014 |
| MSFT | $7.4B | 5.75% | 0.19% | +4.6% | Q3 2014 |
| AMZN | $4.16B | 3.23% | 0.18% | +3.2% | Q3 2014 |
| META | $3.28B | 2.55% | Not reported | +3.2% | Q3 2014 |
| AVGO | $2.92B | 2.27% | 0.19% | +3.2% | Q4 2022 |
| GOOGL | $2.9B | 2.26% | 0.10% | +3.1% | Q4 2022 |
| TSLA | $2.53B | 1.96% | 0.17% | +3.0% | Q3 2014 |
| GOOG | $2.48B | 1.93% | Not reported | +3.2% | Q4 2022 |
| JPM | $1.72B | 1.34% | 0.20% | +3.4% | Q3 2014 |
| BRK.B | $1.28B | 0.99% | Not reported | +3.1% | Q3 2014 |
| LLY | $1.21B | 0.94% | 0.17% | +3.2% | Q3 2014 |
| NFLX | $1.11B | 0.86% | 0.22% | +3.1% | Q3 2014 |
| V | $1.1B | 0.86% | 0.17% | +3.1% | Q3 2014 |
| XOM | $1.04B | 0.81% | 0.22% | +3.1% | Q3 2014 |
| ORCL | $971M | 0.75% | 0.12% | +3.1% | Q3 2014 |
| WMT | $944M | 0.73% | 0.11% | +3.2% | Q3 2014 |
| COST | $923M | 0.72% | 0.23% | +2.7% | Q3 2014 |
| JNJ | $913M | 0.71% | 0.20% | +3.2% | Q3 2014 |
| ABBV | $911M | 0.71% | 0.22% | +3.0% | Q3 2014 |
| MA | $896M | 0.70% | 0.13% | +3.6% | Q3 2014 |
| HD | $837M | 0.65% | 0.21% | +2.9% | Q3 2014 |
| PLTR | $816M | 0.63% | 0.19% | +2.5% | Q2 2023 |
| PG | $773M | 0.60% | 0.22% | +2.9% | Q3 2014 |
| TGRW | $720M | 0.56% | Not reported | +272.5% | Q2 2024 |
| GE | $719M | 0.56% | 0.23% | +2.7% | Q4 2022 |
| BAC | $716M | 0.56% | 0.19% | +2.7% | Q3 2014 |
| UNH | $648M | 0.50% | 0.21% | +3.0% | Q3 2014 |
| CSCO | $638M | 0.50% | 0.24% | +3.0% | Q3 2014 |
| IBM | $632M | 0.49% | 0.24% | +2.9% | Q3 2014 |
| PM | $618M | 0.48% | 0.24% | +2.7% | Q3 2014 |
| CVX | $612M | 0.48% | 0.20% | +13.8% | Q3 2014 |
| APP | $598M | 0.46% | 0.25% | +5.3% | Q2 2024 |
| KO | $589M | 0.46% | 0.21% | +2.6% | Q3 2014 |
| INFO | $586M | 0.45% | 454.55% | +918.3% | Q4 2024 |
| WFC | $556M | 0.43% | 0.21% | +3.4% | Q3 2014 |
| AMD | $546M | 0.42% | 0.21% | +2.8% | Q4 2022 |
| GS | $530M | 0.41% | 0.22% | +3.1% | Q3 2014 |
| CRM | $523M | 0.41% | 0.23% | +2.4% | Q3 2014 |
| DIS | $510M | 0.40% | 0.23% | +2.1% | Q3 2014 |
| CAT | $489M | 0.38% | 0.22% | +3.1% | Q3 2014 |
| MRK | $479M | 0.37% | 0.23% | +3.2% | Q3 2014 |
| ABT | $478M | 0.37% | 0.21% | +2.8% | Q3 2014 |
| T | $477M | 0.37% | 0.24% | +3.9% | Q3 2014 |
| MU | $471M | 0.37% | 0.25% | +4.4% | Q3 2014 |
| LRCX | $471M | 0.37% | 0.28% | +2.8% | Q4 2022 |
| RTX | $470M | 0.36% | 0.21% | +2.8% | Q4 2022 |
| MCD | $466M | 0.36% | 0.22% | +2.5% | Q3 2014 |
| AMAT | $462M | 0.36% | 0.28% | +2.6% | Q3 2014 |
| LIN | $460M | 0.36% | 0.21% | +2.6% | Q1 2024 |