Last Updated on 2025-07-17 by Admin
| Rank | Country | Institution |
|---|---|---|
| 1 | Singapore | Temasek Holdings |
| 2 | Singapore | GIC Private Limited |
| 3 | Canada | CPP Investments |
| 4 | United Arab Emirates | Mubadala Investment Company |
| 5 | United Arab Emirates | Abu Dhabi Investment Authority (ADIA) |
| 6 | US | California Public Employees' Retirement System |
| 7 | China | China Life Insurance Company |
| 8 | Canada | La Caisse |
| 9 | Netherlands | APG Asset Management |
| 10 | Hong Kong | Hong Kong Monetary Authority |
| 11 | US | California State Teachers' Retirement System |
| 12 | South Korea | National Pension Service of Korea (NPS) |
| 13 | US | Washington State Investment Board |
| 14 | Japan | Japan Post Bank |
| 15 | Canada | Ontario Teachers' Pension Plan |
| 16 | US | New York State Common Retirement Fund |
| 17 | US | Teacher Retirement System of Texas |
| 18 | France | BPI France |
| 19 | Canada | Public Sector Pension Investment Board |
| 20 | US | Oregon State Treasury |
| 21 | Germany | Allianz Group |
| 22 | US | Harvard Management Company |
| 23 | US | State of Michigan Retirement Systems |
| 24 | Canada | BCI |
| 25 | Netherlands | Pensioenfonds Zorg en Welzijn |
| 26 | US | State of Wisconsin Investment Board |
| 27 | US | Yale University |
| 28 | Australia | Australia Future Fund |
| 29 | Canada | Ontario Municipal Employees Retirement System |
| 30 | US | Virginia Retirement System |
| 31 | US | MetLife |
| 32 | France | AXA Group |
| 33 | US | State Board of Administration of Florida |
| 34 | US | Massachusetts Pension Reserves Investment Management Board |
| 35 | US | UC Investments |
| 36 | US | Stanford Management Company (SMC) |
| 37 | Denmark | Novo Holdings A/S |
| 38 | Canada | Healthcare of Ontario Pension Plan |
| 39 | US | Minnesota State Board of Investment |
| 40 | China | Ping An Life Insurance |
| 41 | US | The University of Texas/Texas A&M Investment Management Company |
| 42 | South Korea | Korea Investment Corporation (KIC) |
| 43 | UK | The Wellcome Trust |
| 44 | US | Ohio Public Employees Retirement System |
| 45 | US | Maryland State Retirement and Pension System |
| 46 | US | Alaska Permanent Fund |
| 47 | Germany | Bayerische Versorgungskammer (BVK) |
| 48 | US | TIAA |
| 49 | Italy | Assicurazioni Generali |
| 50 | US | New York State Teachers' Retirement System |
| 51 | US | Princeton University Investment Co. |
| 52 | Denmark | PKA |
| 53 | US | Los Angeles County Employees' Retirement Association |
| 54 | US | Texas County and District Retirement System |
| 55 | Canada | Manulife Financial |
| 56 | Australia | Australian Retirement Trust |
| 57 | Finland | Finnish Local Government Pensions Institution (KEVA) |
| 58 | US | Teachers' Retirement System of the State of Illinois |
| 59 | Malaysia | Employees Provident Fund of Malaysia |
| 60 | Netherlands | MN |
| 61 | US | Prudential Financial Inc. |
| 62 | US | Pennsylvania Public School Employees' Retirement System |
| 63 | US | Massachusetts Institute of Technology |
| 64 | US | University of Notre Dame |
| 65 | Switzerland | Chubb Limited |
| 66 | Australia | AustralianSuper |
| 67 | US | San Francisco Employees' Retirement System |
| 68 | Canada | Alberta Investment Management Corporation |
| 69 | US | Public School and Education Employee Retirement Systems of Missouri |
| 70 | Finland | Varma Mutual Pension Insurance Company |
| 71 | US | New York City Employees' Retirement System |
| 72 | US | International Finance Corporation |
| 73 | US | State Teachers' Retirement System of Ohio |
| 74 | US | Texas Permanent School Fund |
| 75 | US | Teachers' Retirement System of the City of New York |
| 76 | Sweden | Skandia Mutual Life Insurance Company |
| 77 | US | Tennessee Consolidated Retirement System |
| 78 | US | University of Pennsylvania |
| 79 | Netherlands | Royal Dutch Shell Pension Fund |
| 80 | US | United Nations Joint Staff Pension Fund |
| 81 | US | International Bank for Reconstruction and Development Pension Fund |
| 82 | US | Iowa Public Employees' Retirement System |
| 83 | US | University of Michigan |
| 84 | Finland | Ilmarinen Mutual Pension Insurance Company |
| 85 | US | Washington University Investment Management Company |
| 86 | US | New Jersey Division of Investment |
| 87 | South Korea | Korean Teachers' Credit Union (KTCU) |
| 88 | US | Arizona State Retirement System |
| 89 | UK | Universities Superannuation Scheme (USS) |
| 90 | US | Allstate Investments |
| 91 | US | Howard Hughes Medical Institute |
| 92 | Australia | Aware Super |
| 93 | US | Employees Retirement System of Texas |
| 94 | US | Connecticut Retirement Plans and Trust Funds |
| 95 | US | GE Pension Plan |
| 96 | Sweden | AP Fonden 6 |
| 97 | Japan | Pension Fund Association (Japan) |
| 98 | US | Pennsylvania State Employees' Retirement System |
| 99 | Germany | MEAG |
| 100 | Canada | Investment Management Corporation of Ontario |
| 101 | US | South Carolina Retirement System |
| 102 | US | North Carolina State Treasury |
| 103 | Taiwan | Fubon Life Insurance |
| 104 | US | New York City Police Pension Fund |
| 105 | Australia | Hostplus |
| 106 | US | Illinois Municipal Retirement Fund |
| 107 | Finland | Elo Mutual Insurance Company |
| 108 | Switzerland | Suva |
| 109 | Denmark | ATP |
| 110 | Australia | QIC Limited |
| 111 | US | Teachers' Retirement System of Louisiana |
| 112 | US | Utah Retirement Systems |
| 113 | US | Texas Municipal Retirement System |
| 114 | Taiwan | Cathay Life Insurance |
| 115 | US | Los Angeles Fire & Police Pension System |
| 116 | Sweden | AP Fonden 2 |
| 117 | US | UPS Pension Fund |
| 118 | US | AT&T Pension Fund |
| 119 | US | Colorado Public Employees' Retirement Association |
| 120 | US | Alaska Retirement Management Board |
| 121 | South Africa | Government Employees Pension Fund |
| 122 | US | New Mexico State Investment Council |
| 123 | US | Raytheon Technologies Corporation Pension Fund |
| 124 | US | Public Employees' Retirement System of Nevada |
| 125 | Taiwan | Nan Shan Life Insurance |
| 126 | US | Lockheed Martin Corporation Pension Fund |
| 127 | US | Northwestern University Investment Office |
| 128 | Australia | MLC Asset Management |
| 129 | US | Los Angeles City Employees' Retirement System |
| 130 | US | Indiana Public Retirement System |
| 131 | US | The University of North Carolina at Chapel Hill |
| 132 | Germany | Talanx Group |
| 133 | US | Employees' Retirement System of the State of Hawaii |
| 134 | US | William and Flora Hewlett Foundation |
| 135 | France | Caisse des Depots et Consignations |
| 136 | Japan | Government Pension Investment Fund, Japan (GPIF) |
| 137 | US | Eli Lilly & Company Pension Fund |
| 138 | Denmark | Industriens Pension |
| 139 | Switzerland | Swiss Reinsurance Company |
| 140 | US | Vanderbilt University |
| 141 | Denmark | PensionDanmark |
| 142 | Sweden | AP Fonden 3 |
| 143 | US | University of Virginia Investment Management Company (UVIMCO) |
| 144 | US | Boeing Company Pension Fund |
| 145 | US | Public Employees' Retirement System of Mississippi |
| 146 | US | Orange County Employees Retirement System |
| 147 | US | New Mexico Educational Retirement Board |
| 148 | US | The Church Pension Group |
| 149 | US | Emory University |
| 150 | Canada | OPTrust |
