Revealed: BPJS Ketenagakerjaan Invests in 34 Stocks
Jakarta – CNBC Indonesia – PT Kustodian Sentral Efek Indonesia (KSEI) has released ownership data for issuers’ shares above 1%. The report also reveals the stocks chosen for BPJS Ketenagakerjaan’s investments.
The ownership report follows the Financial Services Authority (OJK) regulations to fulfill public data provisioning on ownership of listed-company shares. The disclosed data records investor shareholdings above 1% that are registered with KSEI as of 27 February 2026.
As of December 2025, BPJamsostek successfully collected premiums of Rp 113.5 trillion, up 8% year-on-year, with benefit payments of Rp 68.24 trillion, up 19.4% year-on-year. For 2026, BPJS Ketenagakerjaan forecasts premium income of Rp 118 trillion, with claims paid expected to rise to Rp 78.4 trillion.
Previously, BPJamsostek’s Development Director, Edwin Ridwan, disclosed that BPJamsostek’s stock portfolio is about 8% direct and 4% via mutual funds. Consequently, total BPJamsosteen investment allocation in the stock market is around 12%.
In the KSEI report, the Old-Age Security Program (DJS Ketenagakerjaan JHT) and the Pension Security Program (DJS Ketenagakerjaan Pension Security Program) hold a number of shares. So, which stocks form BPJamsostek’s investments? Quoting the KSEI report, here is the list:
PT Astra Agro Lestari Tbk. (AALI)
PT Astra International Tbk. (ASII)
PT Bank Negara Indonesia (Persero) Tbk. (BBNI)
PT Bank Rakyat Indonesia (Persero) Tbk. (BBRI)
PT Bank Tabungan Negara (Persero) Tbk. (BBTN)
PT Bank Mandiri (Persero) Tbk. (BMRI)
PT Bumi Serpong Damai Tbk. (BSDE)
PT Charoen Pokphand Indonesia Tbk. (CPIN)
PT Ciputra Development Tbk. (CTRA)
PT Erajaya Swasembada Tbk. (ERAA)
PT Harum Energy Tbk. (HRUM)
PT Indofood CBP Sukses Makmur Tbk. (ICBP)
PT Vale Indonesia Tbk. (INCO)
PT Indofood Sukses Makmur Tbk. (INDF)
PT Indocement Tunggal Prakarsa Tbk. (INTP)
PT Indo Tambangraya Megah Tbk. (ITMG)
PT Jasa Marga (Persero) Tbk. (JSMR)
PT Kalbe Farma Tbk. (KLBF)
PT PP London Sumatra Indonesia Tbk. (LSIP)
PT Mitra Adiperkasa Tbk. (MAPI)
PT Merdeka Copper Gold Tbk. (MDKA)
PT Medco Energi Internasional Tbk. (MEDC)
PT Perusahaan Gas Negara (Persero) Tbk. (PGAS)
PT Bukit Asam Tbk. (PTBA)
PT PP (Persero) Tbk. (PTPP)
PT Semen Indonesia (Persero) Tbk. (SMGR)
PT Summarecon Agung Tbk. (SMRA)
PT TIMAH Tbk. (TINS)
PT Telkom Indonesia (Persero) Tbk. (TLKM)
PT Sarana Menara Nusantara Tbk. (TOWR)
PT United Tractors Tbk. (UNTR)
PT Unilever Indonesia Tbk. (UNVR)
PT Waskita Karya (Persero) Tbk. (WSKT)
PT Wijaya Karya Beton Tbk. (WTON)