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Bank of Finland

CIK:0001844891
Sovereign Wealth Fund
$16B AUM
4 holdings
Helsinki, Finland
Founded:1811
398 employees
Latest filing:Sep 30, 2025

The Bank of Finland is Finland's national central bank and an institutional investment manager headquartered in Helsinki. Its responsibilities include managing the country’s foreign reserves, financial assets, and contributing to financial stability. As a central bank, it invests and manages assets to support monetary policy and the Finnish government. The institution employs several hundred staff and serves primarily the Finnish state and public sector interests. It operates as part of the European System of Central Banks and the Eurosystem, and has a long history dating back to its founding in 1811.

Investment Strategy

The Bank of Finland manages its financial assets with annual investment policies set by its Board, focusing on fixed income investments, long-term investments, and responsible investment principles. Foreign reserves are diversified across sovereign bonds, deposits, supranational bonds, covered bank bonds, corporate bonds, and cash, all held to high credit rating standards and managed for interest rate risk. Long-term investments aim to preserve capital value with a diversified portfolio including equities, real estate, fixed income, and cash, emphasizing sustainability and climate criteria via passive ETFs and European real estate funds. The bank regularly updates its responsible investment policies and sets market-based benchmarks for direct investments, balancing risk, liquidity, and return with the aim of providing stable profit for the state budget.

Latest 13F Filing Activity

Bank of Finland filed their most recent 13F report on Sep 30, 2025 disclosing 4 equity positions with a total 13F market value of $2B. The fund increased holdings in Ishares TR, DBX Etf TR, Ishares TR among other positions. Bank of Finland reduced exposure to Ishares TR, Ishares TR, DBX Etf TR among others.

Top Buys
I
IVVISHARES TR
+$26.2M
U
USCADBX ETF TR
+$25.9M
P
PABUISHARES TR
+$25.6M
I
IDEVISHARES TR
+$25.1M
Top Sells
I
IVVISHARES TR
+$26.2M
U
USCADBX ETF TR
+$25.9M
P
PABUISHARES TR
+$25.6M
I
IDEVISHARES TR
+$25.1M

Top Holdings

I
IDEVISHARES TR
+29.8%$486.6M
U
USCADBX ETF TR
+27.1%$442.9M
P
PABUISHARES TR
+21.8%$356.1M
I
IVVISHARES TR
+21.3%$348.2M

Equity Positions (4)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
ISHARES TR29.78%$486.6M6,069,143$61.91$80.17+$25.1M
DBX ETF TR27.11%$442.9M10,755,687$35.40$41.18+$25.9M
ISHARES TR21.80%$356.1M4,954,599$41.84$71.87+$25.6M
ISHARES TR21.32%$348.2M520,303$380.89$669.30+$26.2M

Industry Allocation