National Mutual Insurance Federation of Agricultural Cooperatives
Form 13F · CIK 1542927. Holdings on 30 Sep 2026, as filed with the SEC on 28 Oct 2026, each set beside the June 2026 quarter. The 13F on the SEC's site.
National Mutual Insurance Federation of Agricultural Cooperatives reported 42 positions worth $15.6B for the September 2026 quarter, on a Form 13F filed 28 Oct 2026; the largest holding was iShares Core S&P 500 ETF, at 17.5% of the fund.
What it bought and sold
The largest moves since the June 2026 quarter, by the dollars that moved: 3 opened, 5 added, 5 trimmed, 0 sold out.
New position: 3
| Company | Value | Change in shares |
|---|---|---|
| Lam Research Corp. (LRCX) | $10.8M | +33,000 |
| Arista Networks, Inc. (ANET) | $4.3M | +21,000 |
| Lumentum Holdings Inc. (LITE) | $3.9M | +4,000 |
Added: 5
| Company | Value | Change in shares |
|---|---|---|
| Invesco Exch Traded FD Trust II (QQQM) | $1.1B | +217,000 |
| Amazon.com Inc. (AMZN) | $77.0M | +39,000 |
| Equinix Inc. (EQIX) | $39.5M | +12,000 |
| Intuitive Surgical Inc. (ISRG) | $35.5M | +15,000 |
| Walmart Inc. (WMT) | $42.0M | +65,000 |
Trimmed: 5
| Company | Value | Change in shares |
|---|---|---|
| Applied Materials Inc. (AMAT) | $49.6M | -8,000 |
| Micron Technology Inc. (MU) | $94.8M | -11,000 |
| Visa Inc. (V) | $27.1M | -35,000 |
| Apple Inc. (AAPL) | $115.0M | -19,000 |
| Meta Platforms, Inc. (META) | $47.6M | -27,000 |
Largest holdings
Every holding, by value.
| Company | Value | Of the fund | Shares | Change in shares | Move |
|---|---|---|---|---|---|
| iShares Core S&P 500 ETF (IVV) | $2.7B | 17.54% | 3,581,847 | 0 | Held |
| Vanguard Large Cap ETF (VV) | $2.3B | 14.72% | 6,543,317 | 0 | Held |
| Vanguard S&P 500 (VOO) | $2.1B | 13.11% | 2,925,650 | 0 | Held |
| SPDR S&P 500 (SPY) | $2.0B | 12.77% | 2,617,832 | 0 | Held |
| Invesco QQQ Trust (QQQ) | $1.3B | 8.32% | 1,759,000 | 0 | Held |
| Invesco Exch Traded FD Trust II (QQQM) | $1.1B | 6.89% | 3,539,000 | +217,000 | Added |
| VG Totl STK Vprs (VTI) | $1.0B | 6.43% | 2,686,800 | 0 | Held |
| SPDR Ser Trust (SPYM) | $856.0M | 5.47% | 9,536,000 | 0 | Held |
| iShares Trust (LQD) | $412.8M | 2.64% | 4,040,400 | 0 | Held |
| iShares Trust (IWB) | $329.2M | 2.10% | 791,000 | 0 | Held |
| J P Morgan Exchange Traded F (BBUS) | $175.4M | 1.12% | 1,275,000 | 0 | Held |
| NVIDIA Corp. (NVDA) | $116.7M | 0.75% | 511,000 | 0 | Held |
| Apple Inc. (AAPL) | $115.0M | 0.73% | 345,400 | -19,000 | Trimmed |
| Microsoft Corp. (MSFT) | $112.8M | 0.72% | 219,900 | 0 | Held |
| Alphabet Inc. (GOOGL) | $104.9M | 0.67% | 305,000 | 0 | Held |
| Micron Technology Inc. (MU) | $94.8M | 0.61% | 89,000 | -11,000 | Trimmed |
| Amazon.com Inc. (AMZN) | $77.0M | 0.49% | 309,000 | +39,000 | Added |
| Broadcom Inc. (AVGO) | $54.8M | 0.35% | 156,000 | 0 | Held |
| JPMorgan Chase & Co. (JPM) | $53.2M | 0.34% | 160,900 | 0 | Held |
| Applied Materials Inc. (AMAT) | $49.6M | 0.32% | 97,000 | -8,000 | Trimmed |
| Meta Platforms, Inc. (META) | $47.6M | 0.30% | 65,600 | -27,000 | Trimmed |
| ExxonMobil Holdings Corp. (XOM) | $47.1M | 0.30% | 289,700 | 0 | Held |
| Eli Lilly & Co. (LLY) | $42.0M | 0.27% | 36,300 | 0 | Held |
| Walmart Inc. (WMT) | $42.0M | 0.27% | 404,100 | +65,000 | Added |
| Equinix Inc. (EQIX) | $39.5M | 0.25% | 39,000 | +12,000 | Added |
| Thermo Fisher Scientific Inc. (TMO) | $37.7M | 0.24% | 55,900 | 0 | Held |
| Mastercard Inc. (MA) | $37.6M | 0.24% | 68,100 | 0 | Held |
| Eaton Corp. plc (ETN) | $36.2M | 0.23% | 84,300 | 0 | Held |
| Intuitive Surgical Inc. (ISRG) | $35.5M | 0.23% | 87,200 | +15,000 | Added |
| BlackRock, Inc. (BLK) | $31.1M | 0.20% | 29,400 | 0 | Held |
| Intercontinental Exchange, Inc. (ICE) | $30.9M | 0.20% | 203,000 | 0 | Held |
| Visa Inc. (V) | $27.1M | 0.17% | 75,300 | -35,000 | Trimmed |
| Coca-Cola Co. (KO) | $26.6M | 0.17% | 308,500 | 0 | Held |
| Emerson Electric Co. (EMR) | $26.5M | 0.17% | 170,800 | 0 | Held |
| Costco Wholesale Corp. (COST) | $21.6M | 0.14% | 23,700 | 0 | Held |
| Autozone Inc. (AZO) | $19.2M | 0.12% | 6,800 | 0 | Held |
| Travelers Companies, Inc. (TRV) | $17.8M | 0.11% | 50,000 | 0 | Held |
| Deere & Co. (DE) | $13.4M | 0.09% | 20,000 | 0 | Held |
| Advanced Micro Devices Inc. (AMD) | $11.6M | 0.07% | 19,000 | 0 | Held |
| Lam Research Corp. (LRCX) | $10.8M | 0.07% | 33,000 | +33,000 | New position |
| Arista Networks, Inc. (ANET) | $4.3M | 0.03% | 21,000 | +21,000 | New position |
| Lumentum Holdings Inc. (LITE) | $3.9M | 0.03% | 4,000 | +4,000 | New position |
Every quarter it filed
What the fund reported and how many positions it held, each quarter since September 2024.
| Quarter | Reported value | Positions |
|---|---|---|
| September 2026 quarter | $15.6B | 42 |
| June 2026 quarter | $15.3B | 39 |
| March 2026 quarter | $13.0B | 41 |
| December 2025 quarter | $13.6B | 42 |
| September 2025 quarter | $13.2B | 42 |
| June 2025 quarter | $12.4B | 43 |
| March 2025 quarter | $11.1B | 43 |
| December 2024 quarter | $11.7B | 45 |
| September 2024 quarter | $11.1B | 45 |