National Pension Service Reduces NAVER Stake from 9.24% to 8.22% for Simple Investment Purposes


  • As of April 15, 2026, the National Pension Service held 12,890,916 shares of NAVER, representing an 8.22% stake, a decrease of 1.02 percentage points from the previous report.
  • The reduction was executed via open market sales, with approximately 1.75 million shares disposed while maintaining the simple investment purpose.
  • NAVER's total outstanding shares decreased from 158,437,008 to 156,852,638, likely due to company-led share cancellations.
  • [AI Summary]The reduction by a major institutional shareholder could create short-term supply pressure, but the scale is limited to around 1% of total shares, and the move is viewed as portfolio rebalancing rather than a fundamental shift in outlook, limiting the impact on the stock price.

KOSPI Filing Information


  • Report on Large Shareholding (Short Form)
  • Company: NAVER (035420)
  • Submission: National Pension Service

  • Shares: 156,887,668
  • Price: 199,000 KRW
  • Market Cap: 31,220.6 B KRW