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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 2 of 8  ·  150 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 APP APPLOVIN CORP Technology 558,327.0 $222.2M 0.17% -145K -20.6% $398.00 +41.6%
22 CEG CONSTELLATION ENERGY CORP Utilities 792,048.0 $221.2M 0.17% -16K -2.0% $279.25 -10.2%
23 MCO MOODYS CORP Financial Services 499,293.0 $217.8M 0.17% -15K -2.9% $436.25 +1.7%
24 SHW SHERWIN WILLIAMS CO Basic Materials 679,347.0 $217.8M 0.17% -30K -4.2% $320.55 -6.6%
25 TT TRANE TECHNOLOGIES PLC Industrials 519,915.0 $216.7M 0.17% -18K -3.3% $416.74 +10.1%
26 ECL ECOLAB INC Basic Materials 762,436.0 $202.8M 0.15% -26K -3.3% $266.02 -3.2%
27 CRH PLC 1,908,363.0 $200.6M 0.15% -160K -7.8% $105.12
28 CL COLGATE PALMOLIVE CO Consumer Defensive 2,325,706.0 $198.2M 0.15% -58K -2.5% $85.23 +1.0%
29 MSI MOTOROLA SOLUTIONS INC Technology 456,364.0 $198.0M 0.15% -12K -2.5% $433.97 -6.3%
30 MDLZ MONDELEZ INTL INC Consumer Defensive 3,403,624.0 $196.2M 0.15% -98K -2.8% $57.64 +6.9%
31 MELI MERCADOLIBRE Consumer Cyclical 108,797.0 $188.1M 0.14% -5K -4.2% $1729.02 -6.8%
32 BX BLACKSTONE INC Financial Services 1,600,728.0 $184.1M 0.14% -19K -1.1% $114.99 -0.7%
33 ICE INTERCONTINENTAL EXCHANGE IN Financial Services 1,133,887.0 $178.3M 0.14% -20K -1.7% $157.28 -11.6%
34 LNG CHENIERE ENERGY INC Energy 615,503.0 $174.7M 0.13% -13K -2.1% $283.76 -16.6%
35 PCAR PACCAR INC Industrials 1,345,294.0 $155.4M 0.12% -127K -8.7% $115.50 +2.5%
36 NSC NORFOLK SOUTHN CORP Industrials 530,245.0 $152.2M 0.12% -31K -5.6% $287.00 +8.0%
37 CTAS CINTAS CORP Industrials 896,278.0 $151.6M 0.12% -11K -1.2% $169.14 +2.7%
38 TDG TRANSDIGM GROUP INC Industrials 130,309.0 $151.0M 0.12% -2K -1.8% $1158.96 +4.1%
39 AZO AUTOZONE INC Consumer Cyclical 44,071.0 $148.9M 0.11% -1K -2.3% $3377.78 -9.0%
40 VRT VERTIV HOLDINGS CO Industrials 580,325.0 $145.4M 0.11% -66K -10.2% $250.58 +19.9%
Page 2 of 8  ·  150 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%