# EDGAR Filing Document

**Accession Number:** 0001661580
**File Stem:** 0001661580-23-000001
**Filing Date:** 2023-2
**Character Count:** 27124
**Document Hash:** 1763971e9a45e2ccebf03fd5a162705e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001661580-23-000001.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0001661580-23-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230214

**EFFECTIVENESS DATE**: 20230214

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ilmarinen Mutual Pension Insurance Co
- **CENTRAL INDEX KEY:** 0001661580
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** H9
- **FISCAL YEAR END:** 1215

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-19643
- **FILM NUMBER:** 23622343

**BUSINESS ADDRESS:**
- **STREET 1:** PORKKALANKATU 1
- **CITY:** HELSINKI
- **STATE:** H9
- **ZIP:** 00018
- **BUSINESS PHONE:** 358408209124

**MAIL ADDRESS:**
- **STREET 1:** PORKKALANKATU 1
- **CITY:** HELSINKI
- **STATE:** H9
- **ZIP:** 00018

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Ilmarinen Mutual Pension Insurance Co<br>**Address:** PORKKALANKATU 1<br>HELSINKI, H9 00018

**Form 13F File Number:** 028-19643

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Annika Lucander<br>**Title:** Head of Investment Accounting<br>**Phone:** 358102843815

**Signature, Place, and Date of Signing:**

Annika Lucander  Helsinki, H9  02-14-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 250

**Form 13F Information Table Value Total:** $6576703

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M CO | COM | 88579Y101 |  | 8372 | 69811 | SH |  | SOLE |  | 69811 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 19762 | 180000 | SH |  | SOLE |  | 180000 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 32564 | 201500 | SH |  | SOLE |  | 201500 | 0 | 0 |
| ACTIVISION BLIZZARD INC | COM | 00507V109 |  | 15310 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 |  | 15144 | 45000 | SH |  | SOLE |  | 45000 | 0 | 0 |
| ADVANCE AUTO PARTS INC | COM | 00751Y106 |  | 1522 | 10352 | SH |  | SOLE |  | 10352 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 14573 | 225000 | SH |  | SOLE |  | 225000 | 0 | 0 |
| AES CORP | COM | 00130H105 |  | 4026 | 140000 | SH |  | SOLE |  | 140000 | 0 | 0 |
| AFFILIATED MANAGERS GROUP IN | COM | 008252108 |  | 3439 | 21705 | SH |  | SOLE |  | 21705 | 0 | 0 |
| AFLAC INC | COM | 001055102 |  | 14024 | 194936 | SH |  | SOLE |  | 194936 | 0 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 5986 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 8419 | 162000 | SH |  | SOLE |  | 162000 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 94847 | 1075000 | SH |  | SOLE |  | 1075000 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 76440 | 910000 | SH |  | SOLE |  | 910000 | 0 | 0 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 4748 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 3989 | 27000 | SH |  | SOLE |  | 27000 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 17044 | 80449 | SH |  | SOLE |  | 80449 | 0 | 0 |
| AMETEK INC | COM | 031100100 |  | 3074 | 22000 | SH |  | SOLE |  | 22000 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 12869 | 49000 | SH |  | SOLE |  | 49000 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 4101 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| ANSYS INC | COM | 03662Q105 |  | 4832 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| APPLE HOSPITALITY REIT INC | COM NEW | 03784Y200 |  | 4892 | 310000 | SH |  | SOLE |  | 310000 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 94199 | 725000 | SH |  | SOLE |  | 725000 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 12887 | 700000 | SH |  | SOLE |  | 700000 | 0 | 0 |
| ATLASSIAN CORPORATION | CL A | 049468101 |  | 3860 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| ATMOS ENERGY CORP | COM | 049560105 |  | 3138 | 28000 | SH |  | SOLE |  | 28000 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 7475 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 4777 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| AVALONBAY CMNTYS INC | COM | 053484101 |  | 6214 | 38474 | SH |  | SOLE |  | 38474 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 16928 | 511120 | SH |  | SOLE |  | 511120 | 0 | 0 |
| BANK MONTREAL QUE | COM | 063671101 |  | 20322 | 224304 | SH |  | SOLE |  | 224304 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 9058 | 199000 | SH |  | SOLE |  | 199000 | 0 | 0 |
| BANK NOVA SCOTIA HALIFAX | COM | 064149107 |  | 3260 | 66485 | SH |  | SOLE |  | 66485 | 0 | 0 |
| BAXTER INTL INC | COM | 071813109 |  | 1835 | 36000 | SH |  | SOLE |  | 36000 | 0 | 0 |
| BCE INC | COM NEW | 05534B760 |  | 702 | 16000 | SH |  | SOLE |  | 16000 | 0 | 0 |
| BEST BUY INC | COM | 086516101 |  | 3293 | 41050 | SH |  | SOLE |  | 41050 | 0 | 0 |
| BIOGEN INC | COM | 09062X103 |  | 4985 | 18000 | SH |  | SOLE |  | 18000 | 0 | 0 |
| BIOMARIN PHARMACEUTICAL INC | COM | 09061G101 |  | 5071 | 49000 | SH |  | SOLE |  | 49000 | 0 | 0 |
| BLACKROCK INC | COM | 09247X101 |  | 15447 | 21798 | SH |  | SOLE |  | 21798 | 0 | 0 |
| BLOCK INC | CL A | 852234103 |  | 3365 | 53550 | SH |  | SOLE |  | 53550 | 0 | 0 |
| BOSTON PROPERTIES INC | COM | 101121101 |  | 4422 | 65430 | SH |  | SOLE |  | 65430 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 15110 | 210000 | SH |  | SOLE |  | 210000 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 19570 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 12581 | 400000 | SH |  | SOLE |  | 400000 | 0 | 0 |
| BROWN FORMAN CORP | CL B | 115637209 |  | 11933 | 181681 | SH |  | SOLE |  | 181681 | 0 | 0 |
| C H ROBINSON WORLDWIDE INC | COM NEW | 12541W209 |  | 2189 | 23909 | SH |  | SOLE |  | 23909 | 0 | 0 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 4016 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| CAE INC | COM | 124765108 |  | 3385 | 175000 | SH |  | SOLE |  | 175000 | 0 | 0 |
| CAESARS ENTERTAINMENT INC NE | COM | 12769G100 |  | 1040 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| CAMECO CORP | COM | 13321L108 |  | 2174 | 95900 | SH |  | SOLE |  | 95900 | 0 | 0 |
| CANADIAN IMPERIAL BK COMM TO | COM | 136069101 |  | 3104 | 76714 | SH |  | SOLE |  | 76714 | 0 | 0 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 16038 | 135000 | SH |  | SOLE |  | 135000 | 0 | 0 |
| CANADIAN PAC RY LTD | COM | 13645T100 |  | 15524 | 208000 | SH |  | SOLE |  | 208000 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 5749 | 24000 | SH |  | SOLE |  | 24000 | 0 | 0 |
| CGI INC | CL A SUB VTG | 12532H104 |  | 4310 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 34372 | 191500 | SH |  | SOLE |  | 191500 | 0 | 0 |
| CIGNA CORP NEW | COM | 125523100 |  | 11928 | 36000 | SH |  | SOLE |  | 36000 | 0 | 0 |
| CINTAS CORP | COM | 172908105 |  | 10231 | 22654 | SH |  | SOLE |  | 22654 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 14292 | 300000 | SH |  | SOLE |  | 300000 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 31487 | 495000 | SH |  | SOLE |  | 495000 | 0 | 0 |
| COGNEX CORP | COM | 192422103 |  | 2356 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 2241 | 39180 | SH |  | SOLE |  | 39180 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 12725 | 161500 | SH |  | SOLE |  | 161500 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 15037 | 430000 | SH |  | SOLE |  | 430000 | 0 | 0 |
| CONAGRA BRANDS INC | COM | 205887102 |  | 1935 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 16166 | 137000 | SH |  | SOLE |  | 137000 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 6320 | 204000 | SH |  | SOLE |  | 204000 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 3755 | 15500 | SH |  | SOLE |  | 15500 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 14910 | 160000 | SH |  | SOLE |  | 160000 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 17518 | 66000 | SH |  | SOLE |  | 66000 | 0 | 0 |
| DATADOG INC | CL A COM | 23804L103 |  | 2940 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| DBX ETF TR | XTRCKR MSCI US | 233051150 |  | 1786109 | 51257961 | SH |  | SOLE |  | 51257961 | 0 | 0 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 4990 | 12500 | SH |  | SOLE |  | 12500 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 7288 | 16997 | SH |  | SOLE |  | 16997 | 0 | 0 |
| DICKS SPORTING GOODS INC | COM | 253393102 |  | 3968 | 32989 | SH |  | SOLE |  | 32989 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 10860 | 125000 | SH |  | SOLE |  | 125000 | 0 | 0 |
| DOCUSIGN INC | COM | 256163106 |  | 3170 | 57192 | SH |  | SOLE |  | 57192 | 0 | 0 |
| DOLLAR TREE INC | COM | 256746108 |  | 3211 | 22699 | SH |  | SOLE |  | 22699 | 0 | 0 |
| DOVER CORP | COM | 260003108 |  | 2031 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 8239 | 80000 | SH |  | SOLE |  | 80000 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 7132 | 49000 | SH |  | SOLE |  | 49000 | 0 | 0 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 5894 | 79000 | SH |  | SOLE |  | 79000 | 0 | 0 |
| ELEVANCE HEALTH INC | COM | 036752103 |  | 14620 | 28500 | SH |  | SOLE |  | 28500 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 4227 | 44000 | SH |  | SOLE |  | 44000 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 14454 | 369500 | SH |  | SOLE |  | 369500 | 0 | 0 |
| ENDEAVOR GROUP HLDGS INC | CL A COM | 29260Y109 |  | 7889 | 350000 | SH |  | SOLE |  | 350000 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 7124 | 55000 | SH |  | SOLE |  | 55000 | 0 | 0 |
| EPR PPTYS | COM SH BEN INT | 26884U109 |  | 4715 | 125000 | SH |  | SOLE |  | 125000 | 0 | 0 |
| EQUITY RESIDENTIAL | SH BEN INT | 29476L107 |  | 16717 | 283333 | SH |  | SOLE |  | 283333 | 0 | 0 |
| ESSENTIAL UTILS INC | COM | 29670G102 |  | 3198 | 67000 | SH |  | SOLE |  | 67000 | 0 | 0 |
| ETSY INC | COM | 29786A106 |  | 5067 | 42300 | SH |  | SOLE |  | 42300 | 0 | 0 |
| EXELON CORP | COM | 30161N101 |  | 4107 | 95000 | SH |  | SOLE |  | 95000 | 0 | 0 |
| EXPEDITORS INTL WASH INC | COM | 302130109 |  | 3437 | 33076 | SH |  | SOLE |  | 33076 | 0 | 0 |
| FASTENAL CO | COM | 311900104 |  | 3529 | 74578 | SH |  | SOLE |  | 74578 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 |  | 6062 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 5089 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 7580 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| FORTINET INC | COM | 34959E109 |  | 3667 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| FORTIVE CORP | COM | 34959J108 |  | 6897 | 107350 | SH |  | SOLE |  | 107350 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 3420 | 90000 | SH |  | SOLE |  | 90000 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 8956 | 47500 | SH |  | SOLE |  | 47500 | 0 | 0 |
| GENERAL ELECTRIC CO | COM NEW | 369604301 |  | 4928 | 58812 | SH |  | SOLE |  | 58812 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 9358 | 109000 | SH |  | SOLE |  | 109000 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 8218 | 23934 | SH |  | SOLE |  | 23934 | 0 | 0 |
| HALLIBURTON CO | COM | 406216101 |  | 6564 | 166818 | SH |  | SOLE |  | 166818 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 3479 | 14500 | SH |  | SOLE |  | 14500 | 0 | 0 |
| HERSHA HOSPITALITY TR | PR SHS BEN INT | 427825500 |  | 3127 | 367000 | SH |  | SOLE |  | 367000 | 0 | 0 |
| HERSHEY CO | COM | 427866108 |  | 6484 | 28000 | SH |  | SOLE |  | 28000 | 0 | 0 |
| HESS CORP | COM | 42809H107 |  | 6949 | 49000 | SH |  | SOLE |  | 49000 | 0 | 0 |
| HIGHWOODS PPTYS INC | COM | 431284108 |  | 3358 | 120000 | SH |  | SOLE |  | 120000 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 26848 | 85000 | SH |  | SOLE |  | 85000 | 0 | 0 |
| HOST HOTELS  RESORTS INC | COM | 44107P104 |  | 12310 | 767000 | SH |  | SOLE |  | 767000 | 0 | 0 |
| HUBSPOT INC | COM | 443573100 |  | 5783 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 7318 | 519002 | SH |  | SOLE |  | 519002 | 0 | 0 |
| INGERSOLL RAND INC | COM | 45687V106 |  | 2090 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 15081 | 147000 | SH |  | SOLE |  | 147000 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 1866 | 13245 | SH |  | SOLE |  | 13245 | 0 | 0 |
| INTERNATIONAL FLAVORS | COM | 459506101 |  | 5871 | 56000 | SH |  | SOLE |  | 56000 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 15569 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 5838 | 22000 | SH |  | SOLE |  | 22000 | 0 | 0 |
| ISHARES INC | MSCI BRAZIL ETF | 464286400 |  | 21331 | 762642 | SH |  | SOLE |  | 762642 | 0 | 0 |
| ISHARES INC | MSCI STH KOR ETF | 464286772 |  | 21654 | 383400 | SH |  | SOLE |  | 383400 | 0 | 0 |
| ISHARES INC | MSCI STH AFR ETF | 464286780 |  | 8302 | 195761 | SH |  | SOLE |  | 195761 | 0 | 0 |
| ISHARES INC | MSCI TAIWAN ETF | 46434G772 |  | 22050 | 549048 | SH |  | SOLE |  | 549048 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 57297 | 1511800 | SH |  | SOLE |  | 1511800 | 0 | 0 |
| ISHARES TR | U.S. REAL ES ETF | 464287739 |  | 47199 | 560627 | SH |  | SOLE |  | 560627 | 0 | 0 |
| ISHARES TR | ESG MSCI LEADR | 46435U218 |  | 1761385 | 26562889 | SH |  | SOLE |  | 26562889 | 0 | 0 |
| JACKSON FINANCIAL INC | COM CL A | 46817M107 |  | 537 | 15442 | SH |  | SOLE |  | 15442 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 38262 | 216600 | SH |  | SOLE |  | 216600 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 33239 | 247869 | SH |  | SOLE |  | 247869 | 0 | 0 |
| KEURIG DR PEPPER INC | COM | 49271V100 |  | 4814 | 135000 | SH |  | SOLE |  | 135000 | 0 | 0 |
| KEYCORP | COM | 493267108 |  | 1045 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| LAS VEGAS SANDS CORP | COM | 517834107 |  | 2404 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| LAUDER ESTEE COS INC | CL A | 518439104 |  | 6749 | 27200 | SH |  | SOLE |  | 27200 | 0 | 0 |
| LIBERTY MEDIA CORP DEL | COM SER C FRMLA | 531229854 |  | 1136 | 19000 | SH |  | SOLE |  | 19000 | 0 | 0 |
| LILLY ELI  CO | COM | 532457108 |  | 32852 | 89800 | SH |  | SOLE |  | 89800 | 0 | 0 |
| LIVE NATION ENTERTAINMENT IN | COM | 538034109 |  | 6974 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| LUCID GROUP INC | COM | 549498103 |  | 342 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| MACERICH CO | COM | 554382101 |  | 3716 | 330000 | SH |  | SOLE |  | 330000 | 0 | 0 |
| MANULIFE FINL CORP | COM | 56501R106 |  | 6511 | 365000 | SH |  | SOLE |  | 365000 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 16796 | 101500 | SH |  | SOLE |  | 101500 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 3704 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 34469 | 99125 | SH |  | SOLE |  | 99125 | 0 | 0 |
| MATCH GROUP INC NEW | COM | 57667L107 |  | 2075 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 16968 | 64389 | SH |  | SOLE |  | 64389 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 12333 | 32878 | SH |  | SOLE |  | 32878 | 0 | 0 |
| MEDICAL PPTYS TRUST INC | COM | 58463J304 |  | 1882 | 168900 | SH |  | SOLE |  | 168900 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 31510 | 284000 | SH |  | SOLE |  | 284000 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 24068 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| MGM RESORTS INTERNATIONAL | COM | 552953101 |  | 1677 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 110317 | 460000 | SH |  | SOLE |  | 460000 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 6598 | 99000 | SH |  | SOLE |  | 99000 | 0 | 0 |
| MONGODB INC | CL A | 60937P106 |  | 13904 | 70636 | SH |  | SOLE |  | 70636 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 16025 | 188484 | SH |  | SOLE |  | 188484 | 0 | 0 |
| NETEASE INC | SPONSORED ADS | 64110W102 |  | 3685 | 50735 | SH |  | SOLE |  | 50735 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 10321 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 1888 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 17556 | 210000 | SH |  | SOLE |  | 210000 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 18658 | 159459 | SH |  | SOLE |  | 159459 | 0 | 0 |
| NORDSTROM INC | COM | 655664100 |  | 590 | 36542 | SH |  | SOLE |  | 36542 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 6900 | 28000 | SH |  | SOLE |  | 28000 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 36535 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| OKTA INC | CL A | 679295105 |  | 5808 | 85000 | SH |  | SOLE |  | 85000 | 0 | 0 |
| OMEGA HEALTHCARE INVS INC | COM | 681936100 |  | 1398 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 |  | 3876 | 59000 | SH |  | SOLE |  | 59000 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 12870 | 157452 | SH |  | SOLE |  | 157452 | 0 | 0 |
| PACCAR INC | COM | 693718108 |  | 3464 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 3210 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| PARK HOTELS  RESORTS INC | COM | 700517105 |  | 5320 | 451214 | SH |  | SOLE |  | 451214 | 0 | 0 |
| PAYCOM SOFTWARE INC | COM | 70432V102 |  | 6206 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 5646 | 79270 | SH |  | SOLE |  | 79270 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 24660 | 136500 | SH |  | SOLE |  | 136500 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 25876 | 505000 | SH |  | SOLE |  | 505000 | 0 | 0 |
| POLARIS INC | COM | 731068102 |  | 2148 | 21264 | SH |  | SOLE |  | 21264 | 0 | 0 |
| PPG INDS INC | COM | 693506107 |  | 2578 | 20500 | SH |  | SOLE |  | 20500 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 29418 | 194100 | SH |  | SOLE |  | 194100 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 11550 | 89045 | SH |  | SOLE |  | 89045 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 5351 | 53798 | SH |  | SOLE |  | 53798 | 0 | 0 |
| PTC INC | COM | 69370C100 |  | 3001 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| PUBLIC SVC ENTERPRISE GRP IN | COM | 744573106 |  | 6127 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| READY CAPITAL CORP | COM | 75574U101 |  | 3798 | 340945 | SH |  | SOLE |  | 340945 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 |  | 8556 | 134891 | SH |  | SOLE |  | 134891 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 7417 | 57500 | SH |  | SOLE |  | 57500 | 0 | 0 |
| RESMED INC | COM | 761152107 |  | 2498 | 12000 | SH |  | SOLE |  | 12000 | 0 | 0 |
| RESTAURANT BRANDS INTL INC | COM | 76131D103 |  | 6468 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| RINGCENTRAL INC | CL A | 76680R206 |  | 2655 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| ROBERT HALF INTL INC | COM | 770323103 |  | 2651 | 35913 | SH |  | SOLE |  | 35913 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 3091 | 12000 | SH |  | SOLE |  | 12000 | 0 | 0 |
| ROGERS COMMUNICATIONS INC | CL B | 775109200 |  | 3756 | 80251 | SH |  | SOLE |  | 80251 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 3099 | 26698 | SH |  | SOLE |  | 26698 | 0 | 0 |
| ROYAL BK CDA SUSTAINABL | COM | 780087102 |  | 39546 | 420573 | SH |  | SOLE |  | 420573 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 5682 | 16964 | SH |  | SOLE |  | 16964 | 0 | 0 |
| SABRA HEALTH CARE REIT INC | COM | 78573L106 |  | 4456 | 358500 | SH |  | SOLE |  | 358500 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 9944 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 10227 | 191305 | SH |  | SOLE |  | 191305 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 8948 | 107471 | SH |  | SOLE |  | 107471 | 0 | 0 |
| SEMPRA | COM | 816851109 |  | 8932 | 57800 | SH |  | SOLE |  | 57800 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 11648 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| SHAW COMMUNICATIONS INC | CL B CONV | 82028K200 |  | 2881 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 3845 | 16200 | SH |  | SOLE |  | 16200 | 0 | 0 |
| SHOPIFY INC | CL A | 82509L107 |  | 12153 | 350000 | SH |  | SOLE |  | 350000 | 0 | 0 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 8917 | 75900 | SH |  | SOLE |  | 75900 | 0 | 0 |
| SNAP INC | CL A | 83304A106 |  | 1704 | 190346 | SH |  | SOLE |  | 190346 | 0 | 0 |
| SNOWFLAKE INC | CL A | 833445109 |  | 3589 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 4142 | 58000 | SH |  | SOLE |  | 58000 | 0 | 0 |
| SPDR SER TR | S BIOTECH | 78464A870 |  | 7497 | 90329 | SH |  | SOLE |  | 90329 | 0 | 0 |
| SPDR SER TR | BLOOMBERG SHT TE | 78468R408 |  | 285104 | 11761703 | SH |  | SOLE |  | 11761703 | 0 | 0 |
| SPROUT SOCIAL INC | COM CL A | 85209W109 |  | 5646 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 12400 | 125000 | SH |  | SOLE |  | 125000 | 0 | 0 |
| STATE STR CORP | COM | 857477103 |  | 6407 | 82600 | SH |  | SOLE |  | 82600 | 0 | 0 |
| STORE CAP CORP | COM | 862121100 |  | 3863 | 120500 | SH |  | SOLE |  | 120500 | 0 | 0 |
| TAKE-TWO INTERACTIVE SOFTWAR | COM | 874054109 |  | 5207 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 7452 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| TELUS CORPORATION | COM | 87971M103 |  | 2033 | 105339 | SH |  | SOLE |  | 105339 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 30795 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 13233 | 80096 | SH |  | SOLE |  | 80096 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 25111 | 45600 | SH |  | SOLE |  | 45600 | 0 | 0 |
| THOMSON REUTERS CORP. | COM NEW | 884903709 |  | 5476 | 48000 | SH |  | SOLE |  | 48000 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 9100 | 65000 | SH |  | SOLE |  | 65000 | 0 | 0 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 |  | 34367 | 530711 | SH |  | SOLE |  | 530711 | 0 | 0 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 5199 | 23109 | SH |  | SOLE |  | 23109 | 0 | 0 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 5497 | 127740 | SH |  | SOLE |  | 127740 | 0 | 0 |
| TWILIO INC | CL A | 90138F102 |  | 1714 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 6183 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| UDR INC | COM | 902653104 |  | 5105 | 131800 | SH |  | SOLE |  | 131800 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 13770 | 66500 | SH |  | SOLE |  | 66500 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 13907 | 80000 | SH |  | SOLE |  | 80000 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 42255 | 79700 | SH |  | SOLE |  | 79700 | 0 | 0 |
| UNITY SOFTWARE INC | COM | 91332U101 |  | 4289 | 150001 | SH |  | SOLE |  | 150001 | 0 | 0 |
| UNIVERSAL DISPLAY CORP | COM | 91347P105 |  | 5402 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 5669 | 130000 | SH |  | SOLE |  | 130000 | 0 | 0 |
| V F CORP | COM | 918204108 |  | 2071 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 5699 | 44924 | SH |  | SOLE |  | 44924 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 27136 | 77235 | SH |  | SOLE |  | 77235 | 0 | 0 |
| VEEVA SYS INC | CL A COM | 922475108 |  | 5648 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| VENTAS INC | COM | 92276F100 |  | 4316 | 95800 | SH |  | SOLE |  | 95800 | 0 | 0 |
| VERISK ANALYTICS INC | COM | 92345Y106 |  | 2646 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 15760 | 400000 | SH |  | SOLE |  | 400000 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 8086 | 28000 | SH |  | SOLE |  | 28000 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 38303 | 184360 | SH |  | SOLE |  | 184360 | 0 | 0 |
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 |  | 1681 | 45000 | SH |  | SOLE |  | 45000 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 18433 | 130000 | SH |  | SOLE |  | 130000 | 0 | 0 |
| WASTE CONNECTIONS INC | COM | 94106B101 |  | 6628 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 6275 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 3290 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| XCEL ENERGY INC | COM | 98389B100 |  | 7712 | 110000 | SH |  | SOLE |  | 110000 | 0 | 0 |
| ZEBRA TECHNOLOGIES CORPORATI | CL A | 989207105 |  | 5128 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 10185 | 69500 | SH |  | SOLE |  | 69500 | 0 | 0 |
| ZOOMINFO TECHNOLOGIES INC | COMMON STOCK | 98980F104 |  | 6022 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| ZSCALER INC | COM | 98980G102 |  | 2798 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |

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