13F HOLDINGS REPORT
National Mutual Insurance Federation of Agricultural Cooperatives
Quarter ended Q3 2025 · Filed November 4, 2025 · Accession 0000929638-25-004118
Total Value
$13.18B
Positions
42
Other Managers
1
Confidential Omitted
No
Holdings (42)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ISHARES TR | 464287200 | 3,581,847 | $2.40B | 18.18% |
| 2 | VANGUARD INDEX FDS | 922908637 | 6,543,317 | $2.01B | 15.28% |
| 3 | VANGUARD INDEX FDS | 922908363 | 2,925,650 | $1.79B | 13.59% |
| 4 | SPDR S&P 500 ETF TR | SPY | 2,617,832 | $1.74B | 13.23% |
| 5 | INVESCO QQQ TR | IVZ | 1,759,000 | $1.06B | 8.01% |
| 6 | VANGUARD INDEX FDS | 922908769 | 2,686,800 | $881.7M | 6.69% |
| 7 | SPDR SER TR | 78464A854 | 9,536,000 | $747.1M | 5.67% |
| 8 | INVESCO EXCH TRADED FD TR II | IVZ | 2,505,000 | $619.0M | 4.70% |
| 9 | ISHARES TR | 464287242 | 4,040,400 | $450.4M | 3.42% |
| 10 | ISHARES TR | 464287622 | 791,000 | $289.1M | 2.19% |
| 11 | NVIDIA CORPORATION | NVDA | 511,000 | $95.3M | 0.72% |
| 12 | MICROSOFT CORP | MSFT | 177,900 | $92.1M | 0.70% |
| 13 | ALPHABET INC | GOOG | 360,500 | $87.6M | 0.66% |
| 14 | APPLE INC | AAPL | 319,400 | $81.3M | 0.62% |
| 15 | META PLATFORMS INC | META | 92,600 | $68.0M | 0.52% |
| 16 | AMAZON COM INC | AMZN | 270,000 | $59.3M | 0.45% |
| 17 | J P MORGAN EXCHANGE TRADED F | 46641Q399 | 463,000 | $55.9M | 0.42% |
| 18 | JPMORGAN CHASE & CO. | VYLD | 160,900 | $50.8M | 0.38% |
| 19 | MASTERCARD INCORPORATED | MA | 68,100 | $38.7M | 0.29% |
| 20 | VISA INC | V | 110,300 | $37.7M | 0.29% |
| 21 | WALMART INC | WMT | 339,100 | $34.9M | 0.27% |
| 22 | BLACKROCK INC | BLK | 29,400 | $34.3M | 0.26% |
| 23 | INTUITIVE SURGICAL INC | ISRG | 72,200 | $32.3M | 0.24% |
| 24 | EATON CORP PLC | ETN | 84,300 | $31.5M | 0.24% |
| 25 | INTUIT | INTU | 42,900 | $29.3M | 0.22% |
| 26 | AUTOZONE INC | AZO | 6,800 | $29.2M | 0.22% |
| 27 | ELI LILLY & CO | LLY | 36,300 | $27.7M | 0.21% |
| 28 | THERMO FISHER SCIENTIFIC INC | TMO | 55,900 | $27.1M | 0.21% |
| 29 | MICRON TECHNOLOGY INC | MU | 162,000 | $27.1M | 0.21% |
| 30 | INTERCONTINENTAL EXCHANGE IN | 45866F104 | 160,000 | $27.0M | 0.20% |
| 31 | S&P GLOBAL INC | SPGI | 52,800 | $25.7M | 0.19% |
| 32 | EMERSON ELEC CO | EMR | 170,800 | $22.4M | 0.17% |
| 33 | DISNEY WALT CO | 254687106 | 193,000 | $22.1M | 0.17% |
| 34 | COSTCO WHSL CORP NEW | 22160K105 | 23,700 | $21.9M | 0.17% |
| 35 | APPLIED MATLS INC | 038222105 | 105,000 | $21.5M | 0.16% |
| 36 | COCA COLA CO | KO | 308,500 | $20.5M | 0.16% |
| 37 | ZEBRA TECHNOLOGIES CORPORATI | ZBRA | 65,000 | $19.3M | 0.15% |
| 38 | EXXON MOBIL CORP | XOM | 166,700 | $18.8M | 0.14% |
| 39 | CHEVRON CORP NEW | CVX | 99,000 | $15.4M | 0.12% |
| 40 | HONEYWELL INTL INC | 438516106 | 71,000 | $14.9M | 0.11% |
| 41 | TRAVELERS COMPANIES INC | TRV | 50,000 | $14.0M | 0.11% |
| 42 | DEERE & CO | DE | 20,000 | $9.1M | 0.07% |