National Mutual Insurance Federation of Agricultural Coopera

Portfolio Overview

National Mutual Insurance Federation of Agricultural Coopera disclosed 41 positions worth $13.0B in its Form 13F-HR for Q1 2026. During the quarter the fund opened 0 new positions and exited 1 and a full exit from $HON. The portfolio is most concentrated in Other (86.4% of disclosed assets). All figures are sourced directly from National Mutual Insurance Federation of Agricultural Coopera’s Form 13F-HR filing with the SEC under CIK 1542927.

• ISHARES TR

  —

  Quality

  $2.3B3,581,847 sh

• VANGUARD INDEX FDS

  —

  Quality

  $2.0B6,543,317 sh

• VANGUARD INDEX FDS

  —

  Quality

  $1.7B2,925,650 sh
• 

  SPDR S&P 500 ETF TRUST

  $SPY

  —

  Quality

  $1.7B2,617,832 sh
• 

  INVESCO QQQ TRUST, SERIES 1

  $QQQ

  —

  Quality

  $1.0B1,759,000 sh

• VANGUARD INDEX FDS

  —

  Quality

  $862.0M2,686,800 sh

• SPDR SERIES TRUST

  —

  Quality

  $729.9M9,536,000 sh
• 

  Invesco Ltd.

  $IVZ

  —

  Quality

  $639.4M2,691,000 sh

• ISHARES TR

  —

  Quality

  $440.4M4,040,400 sh

• ISHARES TR

  —

  Quality

  $282.0M791,000 sh

Company	Quality	Value	Shares
ISHARES TR	—	$2.3B	3,581,847
VANGUARD INDEX FDS	—	$2.0B	6,543,317
VANGUARD INDEX FDS	—	$1.7B	2,925,650
SPDR S&P 500 ETF TRUST$SPY	—	$1.7B	2,617,832
INVESCO QQQ TRUST, SERIES 1$QQQ	—	$1.0B	1,759,000
VANGUARD INDEX FDS	—	$862.0M	2,686,800
SPDR SERIES TRUST	—	$729.9M	9,536,000
Invesco Ltd.$IVZ	—	$639.4M	2,691,000
ISHARES TR	—	$440.4M	4,040,400
ISHARES TR	—	$282.0M	791,000

Showing top 10 of 41 holdings.

Full Holdings — National Mutual Insurance Federation of Agricultural Coopera (Q1 2026)

All 41 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.

#	Ticker	Company	Value	Weight	QoQ	Quality
1	—	ISHARES TR	$2.3B	18.0%	+0%	—
2	—	VANGUARD INDEX FDS	$2.0B	15.1%	+0%	—
3	—	VANGUARD INDEX FDS	$1.7B	13.5%	+0%	—
4	$SPY	SPDR S&P 500 ETF TRUST	$1.7B	13.1%	+0%	—
5	$QQQ	INVESCO QQQ TRUST, SERIES 1	$1.0B	7.8%	+0%	—
6	—	VANGUARD INDEX FDS	$862.0M	6.6%	+0%	—
7	—	SPDR SERIES TRUST	$729.9M	5.6%	+0%	—
8	$IVZ	Invesco Ltd.	$639.4M	4.9%	+2%	—
9	—	ISHARES TR	$440.4M	3.4%	+0%	—
10	—	ISHARES TR	$282.0M	2.2%	+0%	—
11	—	J P MORGAN EXCHANGE TRADED F	$149.4M	1.1%	+0%	—
12	$GOOG	Alphabet Inc.	$97.8M	0.8%	-6%	80.2
13	$NVDA	NVIDIA CORP	$89.1M	0.7%	+0%	90.2
14	$AAPL	Apple Inc.	$81.1M	0.6%	+0%	76.1
15	$MSFT	MICROSOFT CORP	$65.9M	0.5%	+0%	83.7
16	$AMZN	AMAZON COM INC	$56.2M	0.4%	+0%	74.6
17	$META	Meta Platforms, Inc.	$53.0M	0.4%	+0%	80.9
18	$JPM	JPMORGAN CHASE & CO	$47.3M	0.4%	+0%	35.6
19	$MU	MICRON TECHNOLOGY INC	$44.6M	0.3%	+0%	88.4
20	$WMT	Walmart Inc.	$42.1M	0.3%	+0%	63.2
21	$AMAT	APPLIED MATERIALS INC /DE	$35.9M	0.3%	+0%	74.8
22	$MA	Mastercard Inc	$34.0M	0.3%	+0%	81.7
23	$LLY	ELI LILLY & Co	$33.4M	0.3%	+0%	89.3
24	$V	VISA INC.	$33.3M	0.3%	+0%	83.5
25	$ISRG	INTUITIVE SURGICAL INC	$33.3M	0.3%	+0%	81.4
26	$ICE	Intercontinental Exchange, Inc.	$31.9M	0.3%	+0%	73.8
27	$AVGO	Broadcom Inc.	$30.6M	0.2%	+120%	86.4
28	$ETN	Eaton Corp plc	$30.2M	0.2%	+0%	—
29	$XOM	EXXON MOBIL CORP	$28.3M	0.2%	+0%	61.8
30	$BLK	BlackRock, Inc.	$28.3M	0.2%	+0%	70.3
31	$TMO	THERMO FISHER SCIENTIFIC INC.	$27.5M	0.2%	+0%	63.7
32	$COST	COSTCO WHOLESALE CORP /NEW	$23.6M	0.2%	+0%	67
33	$KO	COCA COLA CO	$23.5M	0.2%	+0%	74
34	$AZO	AUTOZONE INC	$23.0M	0.2%	+0%	66.5
35	$SPGI	S&P Global Inc.	$22.5M	0.2%	+0%	79.4
36	$EMR	EMERSON ELECTRIC CO	$22.4M	0.2%	+0%	65.9
37	$CVX	CHEVRON CORP	$20.5M	0.2%	+0%	54.7
38	$DIS	Walt Disney Co	$18.6M	0.1%	+0%	68.9
39	$INTU	INTUIT INC.	$18.5M	0.1%	+0%	82
40	$TRV	TRAVELERS COMPANIES, INC.	$14.6M	0.1%	+0%	71.5
41	$DE	DEERE & CO	$11.3M	0.1%	+0%	57.4