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Portfolio (Quarterly) Guide ↗

National Pension Service

· CIK 0001608046
13F Portfolio $131.7B AUM 562 positions Filed May 12, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 20 New 341 Added 150 Reduced 19 Exited
Page 1 of 18  ·  341 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 NVDA NVIDIA CORPORATION Technology 51,274,183.0 $8.94B 6.79% +1.2M +2.3% $174.40 +19.6%
2 AAPL APPLE INC Technology 31,019,702.0 $7.87B 5.98% +824K +2.7% $253.79 +23.5%
3 MSFT MICROSOFT CORP Technology 14,917,409.0 $5.52B 4.19% +409K +2.8% $370.17 +10.6%
4 AMZN AMAZON COM INC Consumer Cyclical 20,442,324.0 $4.26B 3.23% +599K +3.0% $208.27 +17.9%
5 GOOGL ALPHABET INC Communication Services 12,793,377.0 $3.68B 2.79% +325K +2.6% $287.56 +26.0%
6 GOOG ALPHABET INC Communication Services 10,612,812.0 $3.04B 2.31% +221K +2.1% $286.86 +25.3%
7 AVGO BROADCOM INC Technology 9,382,706.0 $2.90B 2.21% +266K +2.9% $309.51 +28.0%
8 META META PLATFORMS INC Communication Services 4,695,451.0 $2.69B 2.04% +88K +1.9% $572.13 +2.6%
9 TSLA TESLA INC Consumer Cyclical 5,890,660.0 $2.19B 1.66% +218K +3.8% $371.75 +9.5%
10 JPM JPMORGAN CHASE & CO Financial Services 5,513,297.0 $1.62B 1.23% +104K +1.9% $294.16 +6.2%
11 XOM EXXON MOBIL CORP Energy 9,497,753.0 $1.61B 1.22% +167K +1.8% $169.66 -10.8%
12 LLY ELI LILLY & CO Healthcare 1,661,226.0 $1.53B 1.16% +46K +2.8% $919.77 +25.8%
13 BERKSHIRE HATHAWAY INC DEL 2,732,608.0 $1.31B 0.99% +77K +2.9% $479.20
14 JNJ JOHNSON & JOHNSON Healthcare 5,159,484.0 $1.26B 0.96% +169K +3.4% $244.44 -5.4%
15 WMT WALMART INC Consumer Defensive 9,969,043.0 $1.24B 0.94% +157K +1.6% $124.28 -3.8%
16 V VISA INC Financial Services 3,398,829.0 $1.03B 0.78% +102K +3.1% $302.24 +5.5%
17 COST COSTCO WHOLESALE CORPORATION Consumer Defensive 933,576.0 $930.2M 0.71% +14K +1.6% $996.43 -2.2%
18 CVX CHEVRON CORPORATION Energy 4,479,333.0 $926.8M 0.70% +119K +2.7% $206.90 -8.5%
19 NFLX NETFLIX INC. Communication Services 9,455,919.0 $909.2M 0.69% +84K +0.9% $96.15 -14.6%
20 MA MASTERCARD INCORPORATED Financial Services 1,721,463.0 $860.1M 0.65% +39K +2.3% $499.66 -3.1%
Page 1 of 18  ·  341 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 34.1%
Communication Services 11.0%
Financial Services 10.8%
Consumer Cyclical 10.0%
Healthcare 9.7%
Industrials 8.4%
Consumer Defensive 5.4%
Energy 4.2%
Utilities 2.7%
Real Estate 1.9%