# Employees Provident Fund Board

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1600177. Source: https://holderbook.com/funds/1600177-employees-provident-fund-board/

- Reported value: $17.4B
- Positions: 68
- Weight of the ten largest: 49.6%
- Filed: 2026-08-12

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.4B | 3,736,259 | 8.0% | 74 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.4B | 6,848,392 | 7.9% | 38 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $1.0B | 878,000 | 5.8% | 18 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $962.9M | 2,694,538 | 5.5% | 44 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $813.8M | 2,154,322 | 4.7% | 33 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $702.1M | 1,246,481 | 4.0% | 11 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $635.4M | 878,803 | 3.6% | 10 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $621.6M | 518,259 | 3.6% | 14 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $567.6M | 1,961,691 | 3.3% | 12 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $563.0M | 737,737 | 3.2% | 15 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $533.6M | 741,046 | 3.1% | 8 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $533.0M | 2,236,104 | 3.1% | 39 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $506.0M | 1,483,872 | 2.9% | 12 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $414.2M | 4,172,044 | 2.4% | 31 |
| DATADOG INC | [DDOG](https://holderbook.com/stocks/DDOG/) | $364.5M | 1,400,000 | 2.1% | 15 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $359.9M | 4,100,000 | 2.1% | 25 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $355.1M | 691,354 | 2.0% | 27 |
| AGNICO EAGLE MINES LTD | [AEM](https://holderbook.com/stocks/AEM/) | $354.0M | 2,279,512 | 2.0% | 5 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $339.1M | 653,450 | 1.9% | 1 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $320.6M | 718,757 | 1.8% | 8 |
| ARM HOLDINGS PLC | [ARM](https://holderbook.com/stocks/ARM/) | $319.1M | 900,000 | 1.8% | 9 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $294.6M | 900,000 | 1.7% | 74 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $285.6M | 4,000,000 | 1.6% | 2 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $235.3M | 591,613 | 1.4% | 13 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $234.2M | 3,245,686 | 1.3% | 14 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $233.0M | 5,675,800 | 1.3% | 22 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $213.7M | 3,750,000 | 1.2% | 3 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $209.8M | 3,640,333 | 1.2% | 14 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $195.6M | 166,521 | 1.1% | 5 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $192.5M | 2,000,000 | 1.1% | 17 |
| MONGODB INC | [MDB](https://holderbook.com/stocks/MDB/) | $190.1M | 565,940 | 1.1% | 11 |
| BIOGEN INC | [BIIB](https://holderbook.com/stocks/BIIB/) | $152.1M | 704,196 | 0.9% | 27 |
| STELLANTIS N.V | [STLA](https://holderbook.com/stocks/STLA/) | $148.3M | 26,068,935 | 0.9% | 1 |
| DEXCOM INC | [DXCM](https://holderbook.com/stocks/DXCM/) | $147.5M | 2,190,029 | 0.8% | 13 |
| BOSTON SCIENTIFIC CORP | [BSX](https://holderbook.com/stocks/BSX/) | $143.3M | 3,358,700 | 0.8% | 7 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $140.1M | 894,097 | 0.8% | 31 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $124.7M | 300,000 | 0.7% | 9 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $98.1M | 577,200 | 0.6% | 1 |
| RESMED INC | [RMD](https://holderbook.com/stocks/RMD/) | $91.2M | 468,004 | 0.5% | 18 |
| TERADYNE INC | [TER](https://holderbook.com/stocks/TER/) | $87.2M | 180,242 | 0.5% | 1 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $79.3M | 428,922 | 0.5% | 1 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $68.8M | 535,502 | 0.4% | 67 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $67.6M | 266,023 | 0.4% | 19 |
| DOLLAR GEN CORP | [DG](https://holderbook.com/stocks/DG/) | $67.4M | 585,851 | 0.4% | 33 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $61.7M | 488,657 | 0.4% | 28 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $59.7M | 394,300 | 0.3% | 5 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $55.0M | 77,071 | 0.3% | 6 |
| DOVER CORP | [DOV](https://holderbook.com/stocks/DOV/) | $49.4M | 220,400 | 0.3% | 6 |
| FIRST SOLAR INC | [FSLR](https://holderbook.com/stocks/FSLR/) | $42.2M | 178,800 | 0.2% | 7 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $41.0M | 163,093 | 0.2% | 13 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $39.6M | 80,565 | 0.2% | 9 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $35.8M | 113,560 | 0.2% | 7 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $32.6M | 90,000 | 0.2% | 14 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $29.7M | 120,500 | 0.2% | 6 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $29.4M | 320,300 | 0.2% | 7 |
| COMFORT SYS USA INC | [FIX](https://holderbook.com/stocks/FIX/) | $28.9M | 14,560 | 0.2% | 2 |
| CARLISLE COS INC | [CSL](https://holderbook.com/stocks/CSL/) | $28.7M | 79,216 | 0.2% | 8 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $25.2M | 91,500 | 0.1% | 8 |
| GENUINE PARTS CO | [GPC](https://holderbook.com/stocks/GPC/) | $24.6M | 208,700 | 0.1% | 14 |
| CENCORA INC | [COR](https://holderbook.com/stocks/COR/) | $23.8M | 84,162 | 0.1% | 4 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $21.6M | 62,845 | 0.1% | 13 |
| EQUIFAX INC | [EFX](https://holderbook.com/stocks/EFX/) | $16.7M | 105,000 | 0.1% | 7 |
| EQT CORP | [EQT](https://holderbook.com/stocks/EQT/) | $10.9M | 205,000 | 0.1% | 7 |
| ZOETIS INC | [ZTS](https://holderbook.com/stocks/ZTS/) | $9.1M | 126,293 | 0.1% | 14 |
| CONSTELLATION ENERGY CORP | [CEG](https://holderbook.com/stocks/CEG/) | $5.9M | 23,928 | 0.0% | 5 |
| GENERAL MILLS INC | [GIS](https://holderbook.com/stocks/GIS/) | $3.5M | 101,000 | 0.0% | 15 |
| AKAMAI TECHNOLOGIES INC | [AKAM](https://holderbook.com/stocks/AKAM/) | $3.2M | 27,000 | 0.0% | 10 |
| HERSHEY CO | [HSY](https://holderbook.com/stocks/HSY/) | $2.4M | 13,500 | 0.0% | 13 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +28.3% | +14.8% | +13.5% | 100% |
| Q1 2026 | -7.8% | -4.6% | -3.2% | 100% |
| Q4 2025 | +5.2% | +2.4% | +2.9% | 100% |
| Q3 2025 | +6.9% | +7.8% | -0.9% | 100% |
| Q2 2025 | +18.4% | +10.5% | +8.0% | 100% |
| Q1 2025 | -7.5% | -4.6% | -2.9% | 100% |
| Q4 2024 | +1.4% | +2.1% | -0.8% | 100% |
| Q3 2024 | +2.0% | +5.4% | -3.4% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $17.4B | 68 |
| Q1 2026 | $13.2B | 70 |
| Q4 2025 | $13.6B | 73 |
| Q3 2025 | $12.5B | 77 |
| Q2 2025 | $11.6B | 86 |
| Q1 2025 | $8.8B | 86 |
| Q4 2024 | $8.1B | 82 |
| Q3 2024 | $7.3B | 83 |
| Q2 2024 | $6.2B | 84 |
| Q1 2024 | $5.7B | 78 |
| Q4 2023 | $5.1B | 75 |
| Q3 2023 | $4.4B | 79 |