SEC 13F Intelligence

Managers / Q3 2021 · view latest →

Varma Mutual Pension Insurance Co

CIK 0001698484 · SALMISAARENRANTA 11, HELSINKI, 00180 · 358-50-910-1690

Reported Value
$6.6B
Q3 2021
Positions
224
Filings on Record
30
2019–present window
Filed
Nov 12, 2021
original filing

Summary

Varma Mutual Pension Insurance Co reported $6.6B in U.S.-listed holdings across 224 positions for Q3 2021.

Its largest position, Invesco Exch Traded Fd Tr II, represents 8.1% of the portfolio.

Compared with Q2 2021, the fund opened 28 new positions and exited 32.

Portfolio Metrics

Turnover
+37.5%
vs prior filed quarter
Top-10 Concentration
+48.1%
share of reported value
Largest Position
+8.1%
Invesco Exch Traded Fd Tr II
New / Exited
28 / 32
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. 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
Q4 ’18: $2.1BQ4 ’18Q1 ’19: $5.6BQ2 ’19: $5.0BQ3 ’19: $6.5BQ4 ’19: $5.2BQ4 ’19Q1 ’20: $3.3BQ2 ’20: $4.3BQ3 ’20: $3.6BQ4 ’20: $5.7BQ4 ’20Q1 ’21: $6.9BQ2 ’21: $6.8BQ3 ’21: $6.6BQ4 ’21: $6.9BQ4 ’21Q1 ’22: $8.6BQ2 ’22: $6.2BQ3 ’22: $5.9BQ4 ’22: $7.1BQ4 ’22Q1 ’23: $8.2BQ2 ’23: $8.4BQ3 ’23: $8.3BQ4 ’23: $8.9BQ4 ’23Q1 ’24: $11.5BQ2 ’24: $12.4BQ3 ’24: $12.6BQ4 ’24: $13.2BQ4 ’24Q1 ’25: $11.6BQ2 ’25: $13.6BQ3 ’25: $15.6BQ4 ’25: $16.5BQ4 ’25Q1 ’26: $17.0Bfilingsflow.com

Portfolio Composition

By security type
ETP: 65.5%Common Stock: 32.9%Other: 1.4%REIT: 0.2%ADR: 0.1%
  • ETP · 65.5% · $4.3B
  • Common Stock · 32.9% · $2.2B
  • Other · 1.4% · $93M
  • REIT · 0.2% · $11M
  • ADR · 0.1% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DBX ETF TRNEW+14.00M14.00M+$463M$463M
SPDR SER TRNEW+2.20M2.20M+$213M$213M
SELECT SECTOR SPDR TRNEW+1.23M1.23M+$157M$157M
KRANESHARES TRNEW+1.13M1.13M+$53M$53M
DBX ETF TRNEW+601.0K601.0K+$23M$23M
GENERAL ELECTRIC CONEW+210.0K210.0K+$22M$22M
CSXCSX CORPNEW+620.0K620.0K+$18M$18M
URIUNITED RENTALS INCNEW+35.5K35.5K+$12M$12M

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

Holdings — Q3 2021

41 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TRJPMORGAN USD EMG · CORE S&P500 ETF · S&P 500 VAL ETF · IBOXX HI YD ETF · MSCI USA ESG SLC12.09%$792M5.66M
2XLESELECT SECTOR SPDR TRENERGY · SBI CONS STPLS · SBI HEALTHCARE10.52%$689M10.43M
3SPDR SER TRS&P REGL BKG · S&P OILGAS EXP9.29%$608M8.04M
4INVESCO EXCH TRADED FD TR IIKBW BK ETF8.07%$528M7.88M
5DBX ETF TRXTKR EMGRIN MKTS · XTRACK HRVST CSI7.42%$486M14.60M
6LCTUUSDBLACKROCK ETF TRUSThistory →US CARBON TRANS3.85%$253M5.08M
7VANGUARD WORLD FDSINF TECH ETF3.55%$233M579.8K
8ESGEISHARES INCESG AWR MSCI EM · MSCI CDA ETF3.30%$216M5.29M
9VANGUARD SCOTTSDALE FDSINT-TERM CORP2.95%$194M2.05M
10AAPLAPPLE INChistory →COM2.87%$188M1.33M
11MSFTMICROSOFT CORPhistory →COM2.64%$173M612.6K
12VANGUARD INDEX FDSS&P 500 ETF SHS2.41%$158M399.5K
13KRANESHARES TRCSI CHI INTERNET0.82%$53M1.13M
14CRMSALESFORCE COM INChistory →COM0.67%$44M162.7K
15GOOGALPHABET INChistory →CAP STK CL C0.67%$44M16.5K
16FIRST TR EXCHANGE TRADED FDNASDAQ CYB ETF0.60%$39M800.0K
17JNJJOHNSON & JOHNSONhistory →COM0.59%$39M238.7K
18EMREMERSON ELEC COhistory →COM0.59%$38M408.4K
19TSLATESLA INChistory →COM0.57%$37M47.8K
20UNHUNITEDHEALTH GROUP INChistory →COM0.54%$36M90.9K
21ADBEADOBE SYSTEMS INCORPORATEDhistory →COM0.54%$35M60.9K
22TMOTHERMO FISHER SCIENTIFIC INChistory →COM0.53%$35M60.4K
23NVDANVIDIA CORPORATIONhistory →COM0.50%$33M157.2K
24AVGOBROADCOM INChistory →COM0.49%$32M65.9K
25LLYLILLY ELI & COhistory →COM0.46%$30M130.3K
26METAFACEBOOK INChistory →CL A0.46%$30M88.2K
27PYPLPAYPAL HLDGS INChistory →COM0.46%$30M114.9K
28VVISA INChistory →COM CL A0.43%$28M127.2K
29DDOGDATADOG INChistory →CL A COM0.43%$28M200.0K
30NDQINVESCO QQQ TRhistory →UNIT SER 10.42%$28M77.7K
31MAMASTERCARD INCORPORATEDhistory →CL A0.42%$28M79.5K
32NOWSERVICENOW INChistory →COM0.42%$27M43.8K
33UNPUNION PAC CORPhistory →COM0.41%$27M137.8K
34EATON CORP PLCSHS0.39%$25M170.0K
35CATCATERPILLAR INChistory →COM0.38%$25M129.3K
36DHRDANAHER CORPORATION COMhistory →COM0.38%$25M81.0K
37AG8AGILENT TECHNOLOGIES INChistory →COM0.36%$24M150.0K
38PFEPFIZER INChistory →COM0.34%$22M518.3K
39GENERAL ELECTRIC COCOM NEW0.33%$22M210.0K
40DEDEERE & COhistory →COM0.32%$21M63.2K
41AMATAPPLIED MATLS INChistory →COM0.30%$20M155.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$17.0B319May 5, 202613F-HRchanges · EDGAR ↗
Q4 2025$16.5B308Feb 2, 202613F-HRchanges · EDGAR ↗
Q3 2025$15.6B312Nov 6, 202513F-HRchanges · EDGAR ↗
Q2 2025$13.6B309Aug 7, 202513F-HRchanges · EDGAR ↗
Q1 2025$11.6B320May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$13.2B322Feb 7, 202513F-HRchanges · EDGAR ↗
Q3 2024$12.6B317Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$12.4B346Aug 6, 202413F-HRchanges · EDGAR ↗
Q1 2024$11.5B355May 13, 202413F-HRchanges · EDGAR ↗
Q4 2023$8.9B280Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$8.3B210Nov 9, 202313F-HRchanges · EDGAR ↗
Q2 2023$8.4B214Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$8.2B215May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022$7.1B230Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$5.9B205Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$6.2B190Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$8.6B205May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$6.9B217Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$6.6B224Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$6.8B228Aug 11, 202113F-HRchanges · EDGAR ↗
Q1 2021$6.9B234May 11, 202113F-HRchanges · EDGAR ↗
Q4 2020$5.7B201Feb 9, 202113F-HRchanges · EDGAR ↗
Q3 2020$3.6B181Nov 4, 202013F-HRchanges · EDGAR ↗
Q2 2020$4.3B152Aug 11, 202013F-HRchanges · EDGAR ↗
Q1 2020$3.3B88May 11, 202013F-HRchanges · EDGAR ↗
Q4 2019$5.2B72Feb 6, 202013F-HRchanges · EDGAR ↗
Q3 2019$6.5B68Oct 15, 201913F-HRchanges · EDGAR ↗
Q2 2019$5.0B64Aug 12, 201913F-HRchanges · EDGAR ↗
Q1 2019$5.6B56May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$2.1B48Jan 30, 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 ↗.