SEC 13F Intelligence

Managers / Q1 2025 · view latest →

Ilmarinen Mutual Pension Insurance Co

CIK 0001661580 · PORKKALANKATU 1, HELSINKI, H9, 00180 · 3581028411

Reported Value
$11.3B
Q1 2025
Positions
301
Filings on Record
30
2019–present window
Filed
May 20, 2025
original filing

Summary

Ilmarinen Mutual Pension Insurance Co reported $11.3B in U.S.-listed holdings across 301 positions for Q1 2025.

The portfolio is heavily concentrated: USCL alone accounts for 25.7% of reported value.

Compared with Q4 2024, the fund opened 20 new positions and exited 12.

Portfolio Metrics

Turnover
+5.6%
vs prior filed quarter
Top-10 Concentration
+65.6%
share of reported value
Largest Position
+25.7%
Ishares Tr
New / Exited
20 / 12
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q3 ’19: $5.5BQ3 ’19Q4 ’19: $6.0BQ1 ’20: $5.2BQ2 ’20: $6.9BQ3 ’20: $7.7BQ3 ’20Q4 ’20: $8.4BQ1 ’21: $8.3BQ2 ’21: $9.1BQ3 ’21: $9.3BQ3 ’21Q4 ’21: $8.5BQ1 ’22: $7.9BQ2 ’22: $6.5BQ3 ’22: $6.1BQ3 ’22Q1 ’23: $7.3BQ2 ’23: $7.9BQ3 ’23: $7.6BQ4 ’23: $7.4BQ4 ’23Q1 ’24: $8.3BQ2 ’24: $8.6BQ3 ’24: $9.2BQ4 ’24: $11.7BQ4 ’24Q1 ’25: $11.3BQ2 ’25: $12.4BQ3 ’25: $13.3BQ4 ’25: $12.5BQ4 ’25Q1 ’26: $12.7Bfilingsflow.com

Portfolio Composition

By security type
ETP: 51.3%Common Stock: 47.8%REIT: 0.8%ADR: 0.1%Tracking Stk: 0.0%Other: 0.0%
  • ETP · 51.3% · $5.8B
  • Common Stock · 47.8% · $5.4B
  • REIT · 0.8% · $90M
  • ADR · 0.1% · $9M
  • Tracking Stk · 0.0% · $3M
  • Other · 0.0% · $481,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MARMARRIOTT INTL INC NEWNEW+37.0K37.0K+$9M$9M
EEMISHARES TRNEW+186.7K186.7K+$8M$8M
FFORD MTR CO DELNEW+600.0K600.0K+$6M$6M
NETCLOUDFLARE INCNEW+50.0K50.0K+$6M$6M
EBAYEBAY INCNEW+75.0K75.0K+$5M$5M
HPEHEWLETT PACKARD ENTERPRISE CONEW+215.0K215.0K+$3M$3M
WSMWILLIAMS SONOMA INCNEW+20.0K20.0K+$3M$3M
FWONKLIBERTY MEDIA CORP DELNEW+33.0K33.0K+$3M$3M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2025

295 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1USCLISHARES TRCLIMATE CONSCIOUS & TRANSITION MSCI USA ETF · BROAD USD HIGH YIELD CORPORATE BD ETF · US REAL ESTATE ETF · MSCI EMERGING MKTS INDEX FD · RUSSELL 2000 ETF25.73%$2.9B50.58M
2DBX ETF TRXTRACKERS MSCI USA CLIMATE ACTION EQUITY ETF19.08%$2.2B60.91M
3XBISPDR SER TRPORTFOLIO HIGH YIELD BD ETF · S&P BIOTECH ETF6.45%$729M30.89M
4AAPLAPPLE INChistory →COM2.51%$283M1.27M
5MSFTMICROSOFT CORPhistory →COM2.42%$273M728.4K
6AMZNAMAZON COM INChistory →COM2.25%$255M1.34M
7GOOGLALPHABET INCCL A · CAP STK CL C2.24%$253M1.63M
8NVDANVIDIA CORPhistory →COM2.12%$239M2.21M
9METAMETA PLATFORMS INChistory →CL A1.79%$203M351.5K
10TSLATESLA INChistory →COM1.03%$117M450.0K
11VVISA INChistory →COM CL A1.01%$114M324.2K
12JPMJPMORGAN CHASE & COhistory →COM0.99%$112M457.9K
13LLYLILLY ELI & COhistory →COM0.93%$105M127.6K
14MAMASTERCARD INChistory →CL A0.83%$93M170.2K
15UNHUNITEDHEALTH GROUP INChistory →COM0.76%$86M163.6K
16EXMOCEXXON MOBIL CORPhistory →COM0.71%$80M675.0K
17PGPROCTER & GAMBLE COhistory →COM0.60%$68M397.5K
18COSTCOSTCO WHSL CORP NEWhistory →COM0.57%$64M67.7K
19NFLXNETFLIX INChistory →COM0.56%$63M67.3K
20HDHOME DEPOT INChistory →COM0.54%$61M166.1K
21JNJJOHNSON & JOHNSONhistory →COM0.54%$61M366.6K
22WMTWALMART INChistory →COM0.54%$61M691.5K
23ABBVABBVIE INChistory →COM0.51%$58M277.5K
24LINLINDE PLC NEWhistory →SHS0.48%$54M115.3K
25PGRPROGRESSIVE CORP OHhistory →COM0.47%$53M186.6K
26CVXCHEVRON CORP NEWhistory →COM0.45%$51M307.0K
27KOCOCA COLA COhistory →COM0.45%$51M715.0K
28MRSHMARSH & MCLENNAN COS INChistory →COM0.44%$50M205.9K
29BLKBLACKROCK INC NEWhistory →COM0.39%$44M46.6K
30ORCLORACLE CORPhistory →COM0.37%$42M301.1K
31MCDMCDONALDS CORPhistory →COM0.37%$42M134.4K
32CRMSALESFORCE INChistory →COM0.37%$42M156.0K
33IBMINTERNATIONAL BUSINESS MACHS CORPhistory →COM0.36%$41M163.2K
34CSCOCISCO SYS INChistory →COM0.36%$40M650.0K
35ABTABBOTT LABShistory →COM0.34%$38M289.5K
36TAT&T INChistory →COM0.33%$37M1.31M
37MRKMERCK & CO INC NEWhistory →COM0.32%$36M403.0K
38BACBANK AMER CORPhistory →COM0.32%$36M856.6K
39TMOTHERMO FISHER SCIENTIFIC INChistory →COM0.30%$33M67.3K
40CMECME GROUP INChistory →COM0.29%$33M122.6K
41INTUINTUIThistory →COM0.28%$32M52.3K
42ACNACCENTURE PLC IRELANDhistory →SHS CLASS A0.28%$32M102.5K
43NOWSERVICENOW INChistory →COM0.28%$32M39.8K
44TMUST-MOBILE US INChistory →COM0.27%$30M114.3K
45ADBEADOBE SYS INChistory →COM0.26%$30M77.0K
46VZVERIZON COMMUNICATIONS INChistory →COM0.26%$29M638.5K
47WFCWELLS FARGO & CO NEWhistory →COM0.25%$28M396.5K
48PLTRPALANTIR TECHNOLOGIES INChistory →CL A0.25%$28M335.0K
49DISDISNEY WALT COhistory →DISNEY COM0.25%$28M285.0K
50QCOMQUALCOMM INChistory →COM0.24%$28M180.0K
51CBCHUBB LTDhistory →COM0.24%$27M90.3K
52ICEINTERCONTINENTAL EXCHANGE INChistory →COM0.24%$27M157.8K
53MCKMCKESSON CORPhistory →COM0.24%$27M40.4K
54AMDADVANCED MICRO DEVICES INChistory →COM0.24%$27M262.0K
55BSXBOSTON SCIENTIFIC CORPhistory →COM0.23%$27M263.0K
56AJGGALLAGHER ARTHUR J & COhistory →COM0.23%$26M76.1K
57NEENEXTERA ENERGY INChistory →COM0.23%$25M359.4K
58PFEPFIZER INChistory →COM0.22%$25M982.0K
59PEPPEPSICO INChistory →COM0.22%$24M163.0K
60BKNGBOOKING HLDGS INChistory →COM0.21%$24M5.2K
61ETNEATON CORP PLChistory →SHS0.21%$23M85.6K
62AMGNAMGEN INChistory →COM0.20%$22M72.0K
63GILDGILEAD SCIENCES INChistory →COM0.19%$22M195.0K
64SBUXSTARBUCKS CORPhistory →COM0.19%$22M221.5K
65BMYBRISTOL MYERS SQUIBB COhistory →COM0.19%$21M352.5K
66UBERUBER TECHNOLOGIES INChistory →COM0.19%$21M290.0K
67UNPUNION PAC CORPhistory →COM0.18%$21M87.5K
68ADPAUTOMATIC DATA PROCESSING INChistory →COM0.18%$20M66.0K
69EMREMERSON ELEC COhistory →COM0.17%$20M178.5K
70DHRDANAHER CORPhistory →COM0.17%$19M94.5K
71SOSOUTHERN COhistory →COM0.17%$19M210.0K
72DEDEERE & COhistory →COM0.17%$19M40.2K
73FISVFISERV INChistory →COM0.17%$19M85.0K
74PANWPALO ALTO NETWORKS INChistory →COM0.17%$19M110.0K
75COPCONOCOPHILLIPShistory →COM0.16%$18M176.0K
76GSGOLDMAN SACHS GROUP INChistory →COM0.16%$18M33.2K
77MSMORGAN STANLEYhistory →COM NEW0.16%$18M152.0K
78BNYBANK NEW YORK MELLON CORPhistory →COM0.16%$18M210.0K
79DUKDUKE ENERGY CORP NEWhistory →COM NEW0.15%$17M140.0K
80CMCSACOMCAST CORP NEWhistory →CL A0.15%$17M451.5K
81CTASCINTAS CORPhistory →COM0.15%$17M80.3K
82ISRGINTUITIVE SURGICAL INChistory →COM NEW0.15%$16M33.3K
83MDLZMONDELEZ INTL INChistory →CL A0.14%$16M240.0K
84VRTXVERTEX PHARMACEUTICALS INChistory →COM0.14%$16M33.3K
85ADIANALOG DEVICES INChistory →COM0.14%$16M80.0K
86AFLAFLAC INChistory →COM0.14%$16M140.3K
87WCNWASTE CONNECTIONS INChistory →COM0.14%$15M78.5K
88WMWASTE MGMT INC DELhistory →COM0.13%$15M65.0K
89SNPSSYNOPSYS INChistory →COM0.13%$14M33.7K
90CCEPCOCA-COLA EUROPACIFIC PARTNERS PLChistory →SHS EURO0.13%$14M165.0K
91CRWDCROWDSTRIKE HLDGS INChistory →CL A0.12%$14M40.0K
92ECLECOLAB INChistory →COM0.12%$14M55.2K
93RSGREPUBLIC SVCS INChistory →COM0.12%$14M57.5K
94SPGIS&P GLOBAL INChistory →COM0.12%$14M27.1K
95ZTSZOETIS INChistory →COM0.12%$14M83.0K
96MELIMERCADOLIBRE INChistory →COM0.12%$14M7.0K
97NKENIKE INChistory →CL B0.12%$13M206.6K
98CCITIGROUP INChistory →COM NEW0.11%$13M181.0K
99KDPKEURIG DR PEPPER INChistory →COM0.11%$13M370.0K
100AXPAMERICAN EXPRESS COhistory →COM0.11%$13M47.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$12.7B462May 12, 202613F-HRchanges · EDGAR ↗
Q4 2025$12.5B331Feb 10, 202613F-HRchanges · EDGAR ↗
Q3 2025$13.3B303Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$12.4B295Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$11.3B301May 20, 202513F-HRchanges · EDGAR ↗
Q4 2024$11.7B293Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$9.2B271Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$8.6B273Aug 15, 202413F-HRchanges · EDGAR ↗
Q1 2024$8.3B266May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$7.4B264Feb 15, 202413F-HRchanges · EDGAR ↗
Q3 2023$7.6B274Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$7.9B265Aug 8, 202313F-HRchanges · EDGAR ↗
Q1 2023$7.3B255May 17, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review250Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$6.1B241Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$6.5B247Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$7.9B246May 11, 202213F-HRchanges · EDGAR ↗
Q4 2021$8.5B247Feb 10, 202213F-HRchanges · EDGAR ↗
Q3 2021$9.3B240Nov 10, 202113F-HRchanges · EDGAR ↗
Q2 2021$9.1B215Aug 9, 202113F-HRchanges · EDGAR ↗
Q1 2021$8.3B205Apr 23, 202113F-HRchanges · EDGAR ↗
Q4 2020$8.4B200Feb 10, 202113F-HRchanges · EDGAR ↗
Q3 2020$7.7B227Oct 30, 202013F-HRchanges · EDGAR ↗
Q2 2020$6.9B217Aug 12, 202013F-HRchanges · EDGAR ↗
Q1 2020$5.2B213May 13, 202013F-HRchanges · EDGAR ↗
Q4 2019$6.0B204Feb 12, 202013F-HRchanges · EDGAR ↗
Q3 2019$5.5B202Nov 27, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.