13F HOLDINGS REPORT
National Mutual Insurance Federation of Agricultural Cooperatives
Quarter ended Q4 2025 · Filed February 4, 2026 · Accession 0000929638-26-000490
Total Value
$13.64B
Positions
42
Other Managers
1
Confidential Omitted
No
Holdings (42)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ISHARES TR | 464287200 | 3,581,847 | $2.45B | 17.99% |
| 2 | VANGUARD INDEX FDS | 922908637 | 6,543,317 | $2.06B | 15.10% |
| 3 | VANGUARD INDEX FDS | 922908363 | 2,925,650 | $1.83B | 13.45% |
| 4 | SPDR S&P 500 ETF TR | SPY | 2,617,832 | $1.79B | 13.09% |
| 5 | INVESCO QQQ TR | IVZ | 1,759,000 | $1.08B | 7.92% |
| 6 | VANGUARD INDEX FDS | 922908769 | 2,686,800 | $900.8M | 6.61% |
| 7 | SPDR SERIES TRUST | 78464A854 | 9,536,000 | $765.0M | 5.61% |
| 8 | INVESCO EXCH TRADED FD TR II | IVZ | 2,634,000 | $666.2M | 4.89% |
| 9 | ISHARES TR | 464287242 | 4,040,400 | $445.2M | 3.26% |
| 10 | ISHARES TR | 464287622 | 791,000 | $295.4M | 2.17% |
| 11 | J P MORGAN EXCHANGE TRADED F | 46641Q399 | 1,275,000 | $157.2M | 1.15% |
| 12 | ALPHABET INC | GOOG | 360,500 | $112.8M | 0.83% |
| 13 | NVIDIA CORPORATION | NVDA | 511,000 | $95.3M | 0.70% |
| 14 | APPLE INC | AAPL | 319,400 | $86.8M | 0.64% |
| 15 | MICROSOFT CORP | MSFT | 177,900 | $86.0M | 0.63% |
| 16 | AMAZON COM INC | AMZN | 270,000 | $62.3M | 0.46% |
| 17 | META PLATFORMS INC | META | 92,600 | $61.1M | 0.45% |
| 18 | JPMORGAN CHASE & CO. | VYLD | 160,900 | $51.8M | 0.38% |
| 19 | INTUITIVE SURGICAL INC | ISRG | 72,200 | $40.9M | 0.30% |
| 20 | ELI LILLY & CO | LLY | 36,300 | $39.0M | 0.29% |
| 21 | MASTERCARD INCORPORATED | MA | 68,100 | $38.9M | 0.29% |
| 22 | VISA INC | V | 110,300 | $38.7M | 0.28% |
| 23 | WALMART INC | WMT | 339,100 | $37.8M | 0.28% |
| 24 | MICRON TECHNOLOGY INC | MU | 132,000 | $37.7M | 0.28% |
| 25 | INTERCONTINENTAL EXCHANGE IN | 45866F104 | 203,000 | $32.9M | 0.24% |
| 26 | THERMO FISHER SCIENTIFIC INC | TMO | 55,900 | $32.4M | 0.24% |
| 27 | BLACKROCK INC | BLK | 29,400 | $31.5M | 0.23% |
| 28 | INTUIT | INTU | 42,900 | $28.4M | 0.21% |
| 29 | S&P GLOBAL INC | SPGI | 52,800 | $27.6M | 0.20% |
| 30 | APPLIED MATLS INC | 038222105 | 105,000 | $27.0M | 0.20% |
| 31 | EATON CORP PLC | ETN | 84,300 | $26.9M | 0.20% |
| 32 | AUTOZONE INC | AZO | 6,800 | $23.1M | 0.17% |
| 33 | EMERSON ELEC CO | EMR | 170,800 | $22.7M | 0.17% |
| 34 | DISNEY WALT CO | 254687106 | 193,000 | $22.0M | 0.16% |
| 35 | COCA COLA CO | KO | 308,500 | $21.6M | 0.16% |
| 36 | COSTCO WHSL CORP NEW | 22160K105 | 23,700 | $20.4M | 0.15% |
| 37 | EXXON MOBIL CORP | XOM | 166,700 | $20.1M | 0.15% |
| 38 | BROADCOM INC | AVGO | 45,000 | $15.6M | 0.11% |
| 39 | CHEVRON CORP NEW | CVX | 99,000 | $15.1M | 0.11% |
| 40 | TRAVELERS COMPANIES INC | TRV | 50,000 | $14.5M | 0.11% |
| 41 | HONEYWELL INTL INC | 438516106 | 71,000 | $13.9M | 0.10% |
| 42 | DEERE & CO | DE | 20,000 | $9.3M | 0.07% |