AMF Tjanstepension AB

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 22, 2025), AMF Tjanstepension AB reported 169 stock positions worth $15.0 billion. Its top holding was Microsoft (MSFT) at 8.9% of the portfolio, followed by Nvidia (NVDA, 8.8%) and Spotify Technology (SPOT, 5.1%). Compared with Q1 2025, it opened 27 new positions, sold out of 82, added to 59 and reduced 32. The biggest buy was Nvidia (NVDA, shares +5%) and the biggest sale Procter & Gamble (PG, shares −97%).

Most Recent 13F
Q2 2026
Location
STOCKHOLM, V7
CIK
0001553562
Portfolio Value
$15.0B (Q2 2025)
SEC Filing
0001062993-25-013013 ↗ filed Jul 22, 2025

Holdings Value

0$5.0B$10.0B$15.0B$20.0B Q1 2024: $13.2B Q1 2024 Q2 2024: $13.4B Q2 2024 Q3 2024: $14.0B Q3 2024 Q4 2024: $14.1B Q4 2024 Q1 2025: $13.5B Q1 2025 Q2 2025: $15.0B $15.0B Q2 2025 Q3 2025: $15.8B Q3 2025 Q4 2025: $16.1B Q4 2025 Q1 2026: $15.1B Q1 2026 Q2 2026: $16.9B Q2 2026

Holdings 169 stocks · $15.0B
MSFT Microsoft Corp. 8.91% 2,691,094 $1.3B Reduce -2.0%
NVDA Nvidia Corp. 8.76% 8,328,234 $1.3B Add +4.8%
SPOT Spotify Technology SA 5.10% 998,894 $766.5M Reduce -9.2%
AAPL Apple Inc. 4.38% 3,211,366 $658.9M Reduce -3.5%
AMZN Amazon.com Inc. 3.47% 2,376,792 $521.4M Reduce -27.6%
V Visa Inc. Class A 3.28% 1,387,546 $492.7M Reduce -10.9%
BAC Bank of America Corp. filed as BANK AMERICA CORP 2.81% 8,904,561 $421.6M Add +62.9%
GOOG Alphabet Inc. Class C 2.74% 2,322,256 $412.0M Add +8.9%
TSM Taiwan Semiconductor-SP ADR 2.74% 1,815,014 $411.2M Add +14.2%
CRM Salesforce Inc. 2.63% 1,447,757 $394.9M Add +2.7%
ICE Intercontinental Exchange Inc. 2.61% 2,139,390 $392.6M Add +27.8%
META Meta Platforms Inc. Class A 2.49% 507,808 $374.8M Add +7.8%
PH Parker Hannifin Corp. 2.48% 533,895 $373.0M Add +28.2%
PLD Prologis Inc. 2.41% 3,449,394 $362.9M Add +18.4%
LIN Linde PLC 2.38% 763,645 $358.3M Add +8.0%
BABA Alibaba Group Holding-SP ADR 2.03% 2,691,686 $305.7M Add +8.8%
LLY Eli Lilly & Co. 1.78% 343,119 $267.5M Reduce -5.5%
MELI MercadoLibre Inc. 1.66% 95,602 $249.9M Add +19.9%
JPM JPMorgan Chase & Co. 1.47% 760,777 $220.6M Add +29.9%
CL Colgate-Palmolive Co. 1.42% 2,348,176 $213.6M Reduce -14.5%
ROL Rollins Inc. 1.33% 3,542,898 $199.9M Add +196.2%
BRK.B Berkshire Hathaway Inc. Class B 1.32% 408,382 $198.4M Add +66.5%
AVGO Broadcom Inc. 1.05% 574,883 $158.5M Reduce -32.4%
GEV GE Vernova Inc. 0.98% 278,822 $147.5M Add +56.1%
NFLX Netflix Inc. 0.95% 106,515 $142.6M Add +12.6%
GOOGL Alphabet Inc. Class A 0.94% 799,460 $140.9M No change
KO The Coca-Cola Co. 0.84% 1,791,246 $126.8M Add +119.9%
WDC Western Digital Corp. 0.79% 1,865,535 $119.4M Reduce -0.1%
GE General Electric filed as GE AEROSPACE 0.78% 457,850 $117.8M Add +14.9%
COP Conocophillips 0.78% 1,311,982 $117.8M Add +45.5%
DECK Deckers Outdoor Corp. 0.75% 1,091,975 $112.5M Add +83.0%
VZ Verizon Communications Inc. 0.74% 2,566,889 $111.2M Add +51.3%
TECK Teck Resources Ltd.-CLS B 0.67% 2,499,693 $101.3M Reduce -56.1%
UNH Unitedhealth Group Inc. 0.64% 309,549 $96.6M Add +30.1%
BSX Boston Scientific Corp. 0.63% 888,204 $95.4M New
EMR Emerson Electric Co. 0.63% 710,080 $94.7M Reduce -24.1%
BKNG Booking Holdings Inc. 0.63% 16,291 $94.3M Add +834.6%
COST Costco Wholesale Corp. 0.63% 94,974 $94.0M Add +182.3%
GS Goldman Sachs Group Inc. 0.60% 127,212 $90.1M Add +27.9%
ISRG Intuitive Surgical Inc. 0.53% 147,796 $80.3M Add +120.8%
NEE Nextera Energy Inc. 0.52% 1,128,870 $78.4M Add +4976.3%
SYK Stryker Corp. 0.51% 193,817 $76.7M Add +319.9%
DHR Danaher Corp. 0.49% 373,173 $73.7M Add +117.0%
C Citigroup Inc. 0.48% 855,305 $72.8M Add +44.0%
SHOP Shopify Inc. Class A 0.48% 626,550 $72.3M Add +34.7%
MCD McDonald's Corp. 0.48% 247,007 $72.2M Add +493.1%
KLAC KLA Corp. 0.48% 79,862 $71.6M Add +29.1%
MRSH Marsh & McLennan Cos 0.42% 286,519 $62.7M Add +23.3%
GILD Gilead Sciences Inc. 0.39% 524,960 $58.2M Add +41.7%
ELV Elevance Health Inc. 0.39% 149,520 $58.2M Add +44.0%
MS Morgan Stanley 0.38% 409,071 $57.6M Add +92.7%
CI The Cigna Group 0.38% 171,530 $56.7M Add +20.6%
KR Kroger Co. 0.37% 777,210 $55.8M Add +99.1%
PGR Progressive Corp. 0.36% 202,028 $53.9M Add +62.0%
COF Capital One Financial Corp. 0.32% 228,371 $48.6M Add +130.9%
HCA HCA Healthcare Inc. 0.32% 125,586 $48.1M Add +19.6%
MRK Merck & Co. Inc. 0.30% 574,587 $45.7M Reduce -71.7%
AON Aon PLC Class A 0.30% 126,792 $45.3M Add +124.6%
AMGN Amgen Inc. 0.29% 156,117 $43.6M Add +91.2%
CMG Chipotle Mexican Grill Inc. 0.29% 768,616 $43.2M New
AZO AutoZone Inc. 0.28% 11,285 $41.9M Add +43.7%
TT Trane Technologies PLC 0.27% 93,683 $41.0M Add +153.8%
AFL Aflac Inc. 0.25% 360,359 $38.0M Reduce -3.1%
SRE Sempra 0.25% 493,066 $37.4M Add +91.9%
DDOG Datadog Inc. Class A 0.24% 266,570 $35.8M Reduce -15.6%
TRV The Travelers Cos Inc. 0.23% 129,602 $34.7M No change
COR Cencora Inc. 0.22% 112,643 $33.8M Add +44.5%
AXP American Express Co. 0.21% 100,833 $32.2M No change
EXC Exelon Corp. 0.21% 723,352 $31.4M No change
ETR Entergy Corp. 0.21% 372,393 $31.0M New
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.20% 904,153 $30.7M Reduce -28.9%
JCI Johnson Controls Internation 0.20% 283,684 $30.0M Reduce -59.2%
ALL Allstate Corp. 0.20% 147,135 $29.6M No change
PEG Public Service Enterprise GP 0.20% 348,981 $29.4M New
VRTX Vertex Pharmaceuticals Inc. 0.19% 64,705 $28.8M Add +6.1%
ED Consolidated Edison Inc. 0.19% 286,622 $28.8M Add +24.6%
FAST Fastenal Co. 0.19% 678,006 $28.5M No change
BKR Baker Hughes Co. 0.18% 695,059 $26.6M No change
CAH Cardinal Health Inc. 0.18% 157,180 $26.4M New
CMCSA Comcast Corp. Class A 0.17% 700,152 $25.0M No change
HIG Hartford Insurance Group Inc. 0.17% 196,127 $24.9M No change
RCL Royal Caribbean Cruises Ltd. 0.16% 78,933 $24.7M New
ALC Alcon Inc. filed as ALCON AG 0.16% 272,821 $24.3M No change
UBS UBS Group AG-Reg 0.16% 708,033 $24.0M Add +12.6%
POLESTAR AUTOMOTIVE HLDG UK 0.15% 21,576,160 $23.1M Reduce -1.8%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.15% 183,649 $22.8M Reduce -39.1%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.14% 20,802 $21.6M No change
WTW Willis Towers Watson PLC 0.14% 67,819 $20.8M No change
SPGI S&P Global Inc. 0.14% 38,698 $20.4M No change
HD Home Depot Inc. 0.13% 54,682 $20.1M Reduce -63.1%
SYY Sysco Corp. 0.13% 264,581 $20.0M Add +66.8%
CNC Centene Corp. 0.13% 368,342 $20.0M New
TSCO Tractor Supply Company 0.12% 353,623 $18.7M Add +61.6%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.12% 203,294 $18.5M Add +13.8%
PRU Prudential Financial Inc. 0.12% 168,348 $18.1M No change
HUM Humana Inc. 0.12% 73,902 $18.1M New
LOW Lowe's Cos Inc. 0.12% 78,678 $17.5M Reduce -30.9%
CINF Cincinnati Financial Corp. 0.11% 112,848 $16.8M New
ABBV Abbvie Inc. 0.11% 90,285 $16.8M Reduce -16.3%
INTU Intuit Inc. 0.11% 21,166 $16.7M No change
STE Steris PLC 0.11% 69,035 $16.6M New
NEM Newmont Corp. 0.11% 282,255 $16.5M No change
SAP Sap SE-Sponsored ADR 0.11% 52,837 $16.1M New
ATO Atmos Energy Corp. 0.11% 102,632 $15.8M New
ES Eversource Energy 0.10% 244,990 $15.6M Add +71.3%
EIX Edison International 0.10% 280,467 $14.5M No change
VLO Valero Energy Corp. 0.10% 106,205 $14.3M No change
AIG American International Group 0.10% 166,817 $14.3M No change
AWK American Water Works Co. Inc. 0.10% 102,532 $14.3M New
SCHW Schwab (charles) Corp. 0.09% 148,914 $13.6M Reduce -14.5%
XEL Xcel Energy Inc. 0.09% 195,312 $13.3M Add +458.7%
IDXX Idexx Laboratories Inc. 0.09% 24,325 $13.0M New
DE Deere & Co. 0.09% 25,225 $12.8M Reduce -45.9%
CNP Centerpoint Energy Inc. 0.09% 348,967 $12.8M New
FER Ferrovial NV 0.08% 237,155 $12.6M Add +70.9%
SNOW Snowflake Inc. 0.08% 55,461 $12.4M No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.08% 98,122 $12.1M No change
SYF Synchrony Financial 0.07% 160,417 $10.7M No change
ACGL Arch Capital Group Ltd. 0.07% 117,663 $10.7M No change
ROST Ross Stores Inc. 0.07% 83,229 $10.6M New
ALNY Alnylam Pharmaceuticals Inc. 0.07% 32,537 $10.6M New
FIS Fidelity National Info Serv 0.07% 126,165 $10.3M No change
DHI D.R. Horton Inc. 0.06% 72,841 $9.4M New
ITW Illinois Tool Works 0.06% 37,042 $9.2M No change
LH Labcorp Holdings Inc. 0.06% 34,225 $9.0M No change
CMS CMS Energy Corp. 0.06% 121,251 $8.4M No change
GRMN Garmin Ltd. 0.05% 38,753 $8.1M New
PFG Principal Financial Group 0.05% 95,164 $7.6M No change
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.05% 102,597 $7.6M No change
APTV Aptiv PLC 0.05% 110,462 $7.5M No change
BIIB Biogen Inc. 0.05% 59,115 $7.4M No change
TPL Texas Pacific Land Corp. 0.05% 6,644 $7.0M No change
BRO Brown & Brown Inc. 0.05% 61,316 $6.8M New
LEN Lennar Corp. Class A 0.04% 60,242 $6.7M New
MKL Markel Group Inc. 0.04% 3,245 $6.5M New
CBOE Cboe Global Markets Inc. 0.04% 26,408 $6.2M New
TDY Teledyne Technologies Inc. 0.04% 11,757 $6.0M New
BBY Best Buy Co. Inc. 0.04% 83,204 $5.6M No change
BG Bunge Global SA 0.03% 57,490 $4.6M No change
WTRG Essential Utilities Inc. 0.03% 124,096 $4.6M Add +17.6%
XYL Xylem Inc. 0.03% 34,965 $4.5M Reduce -96.0%
ALLY Ally Financial Inc. 0.03% 111,079 $4.3M Reduce -20.6%
PG The Procter & Gamble Co. 0.03% 26,506 $4.3M Reduce -97.5%
ALGN Align Technology Inc. 0.03% 22,492 $4.3M No change
AIZ Assurant Inc. 0.03% 21,107 $4.2M No change
IQV Iqvia Holdings Inc. 0.03% 25,484 $4.0M No change
NLY Annaly Capital Management Inc. 0.03% 203,187 $3.9M No change
HUBS HubSpot Inc. 0.03% 6,782 $3.8M No change
FSLR First Solar Inc. 0.02% 21,207 $3.5M Reduce -70.4%
APP AppLovin Corp. Class A 0.02% 8,724 $3.1M New
CLS Celestica Inc. 0.02% 16,837 $2.6M New
AMAT Applied Materials Inc. 0.02% 13,532 $2.5M No change
JNJ Johnson & Johnson 0.02% 16,002 $2.4M Reduce -86.5%
WELL Welltower Inc. 0.02% 15,754 $2.4M Reduce -81.0%
WM Waste Management Inc. 0.02% 10,436 $2.4M No change
MCK McKesson Corp. 0.01% 2,523 $1.8M No change
BEPC Brookfield Renewable Corp. 0.01% 54,705 $1.8M No change
MU Micron Technology Inc. 0.01% 14,398 $1.8M No change
SFM Sprouts Farmers Market Inc. 0.01% 9,595 $1.6M New
KVUE Kenvue Inc. 0.01% 74,290 $1.6M No change
AMT American Tower Corp. 0.01% 6,880 $1.5M Reduce -96.4%
ZTS Zoetis Inc. 0.01% 7,481 $1.2M Reduce -91.9%
AU Anglogold Ashanti PLC 0.01% 23,670 $1.1M No change
MNST Monster Beverage Corp. 0.01% 15,491 $970K No change
FERG Ferguson Enterprises Inc. 0.01% 4,379 $954K Reduce -92.2%
BAP Credicorp Ltd. 0.01% 3,400 $760K No change
GEHC GE Healthcare Technology 0.00% 9,967 $738K No change
YUMC Yum China Holdings Inc. 0.00% 13,810 $617K No change
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.00% 25,603 $351K No change
Lines left out (1) · $243K — a value with no share or principal amount
SecurityClassSharesValue
ENB Enbridge Inc. COM0$243K

Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.

Total filed on the 13F, all lines: $15.0B.

Portfolio Sells Q1 2025 → Q2 2025
PG The Procter & Gamble Co. Reduce -97.5% 0.03% −1.28
AMZN Amazon.com Inc. Reduce -27.6% 3.47% −1.14
TSLA Tesla Inc. Sold out 0.00% −1.14
AAPL Apple Inc. Reduce -3.5% 4.38% −1.08
MRK Merck & Co. Inc. Reduce -71.7% 0.30% −1.04
TECK Teck Resources Ltd.-CLS B Reduce -56.1% 0.67% −0.86
V Visa Inc. Class A Reduce -10.9% 3.28% −0.75
XYL Xylem Inc. Reduce -96.0% 0.03% −0.75
FCNCA First Citizens Bcshs Class A Sold out 0.00% −0.64
T AT&T Inc. Sold out 0.00% −0.63
CL Colgate-Palmolive Co. Reduce -14.5% 1.42% −0.48
LLY Eli Lilly & Co. Reduce -5.5% 1.78% −0.44
PNC PNC Financial Services Group Sold out 0.00% −0.30
AMT American Tower Corp. Reduce -96.4% 0.01% −0.29
USB US Bancorp Sold out 0.00% −0.27
HD Home Depot Inc. Reduce -63.1% 0.13% −0.27
URI United Rentals Inc. Sold out 0.00% −0.22
SNDK Sandisk Corp. Sold out 0.00% −0.22
JCI Johnson Controls Internation Reduce -59.2% 0.20% −0.21
BLK BlackRock Inc. Sold out 0.00% −0.20
MMM 3M Co. Sold out 0.00% −0.20
SLB SLB Ltd. Reduce -28.9% 0.20% −0.19
BMY Bristol-Myers Squibb Co. Sold out 0.00% −0.19
CB Chubb Ltd. Sold out 0.00% −0.19
TGT Target Corp. Sold out 0.00% −0.18
OKE Oneok Inc. Sold out 0.00% −0.17
AJG Arthur J Gallagher & Co. Sold out 0.00% −0.16
CVS CVS Health Corp. Sold out 0.00% −0.16
CAT Caterpillar Inc. Sold out 0.00% −0.16
AMD Advanced Micro Devices Sold out 0.00% −0.15
GIS General Mills Inc. Sold out 0.00% −0.14
ACN Accenture PLC Class A Sold out 0.00% −0.14
JNJ Johnson & Johnson Reduce -86.5% 0.02% −0.13
SHW The Sherwin-Williams Co. Sold out 0.00% −0.13
CSX CSX Corp. Sold out 0.00% −0.13
EMR Emerson Electric Co. Reduce -24.1% 0.63% −0.13
TRGP Targa Resources Corp. Sold out 0.00% −0.13
PSX Phillips 66 Sold out 0.00% −0.12
CBRE CBRE Group Inc. Class A Sold out 0.00% −0.12
CMI Cummins Inc. Sold out 0.00% −0.12
TFC Truist Financial Corp. Sold out 0.00% −0.12
AXON Axon Enterprise Inc. Sold out 0.00% −0.11
YUM Yum! Brands Inc. Sold out 0.00% −0.11
ECL Ecolab Inc. Sold out 0.00% −0.11
HAL Halliburton Co. Sold out 0.00% −0.11
ZTS Zoetis Inc. Reduce -91.9% 0.01% −0.11
UNP Union Pacific Corp. Sold out 0.00% −0.10
GM General Motors Co. Sold out 0.00% −0.10
LNG Cheniere Energy Inc. Sold out 0.00% −0.10
TDG Transdigm Group Inc. Sold out 0.00% −0.10

Portfolio Buys Q1 2025 → Q2 2025
NVDA Nvidia Corp. Add +4.8% 8.76% +2.40
BAC Bank of America Corp. Add +62.9% 2.81% +1.12
ROL Rollins Inc. Add +196.2% 1.33% +0.85
TSM Taiwan Semiconductor-SP ADR Add +14.2% 2.74% +0.79
BSX Boston Scientific Corp. New 0.63% +0.63
PH Parker Hannifin Corp. Add +28.2% 2.48% +0.61
GEV GE Vernova Inc. Add +56.1% 0.98% +0.58
BKNG Booking Holdings Inc. Add +834.6% 0.63% +0.57
MELI MercadoLibre Inc. Add +19.9% 1.66% +0.51
NEE Nextera Energy Inc. Add +4976.3% 0.52% +0.51
META Meta Platforms Inc. Class A Add +7.8% 2.49% +0.49
ICE Intercontinental Exchange Inc. Add +27.8% 2.61% +0.48
KO The Coca-Cola Co. Add +119.9% 0.84% +0.41
JPM JPMorgan Chase & Co. Add +29.9% 1.47% +0.41
COST Costco Wholesale Corp. Add +182.3% 0.63% +0.39
MCD McDonald's Corp. Add +493.1% 0.48% +0.38
SYK Stryker Corp. Add +319.9% 0.51% +0.38
BRK.B Berkshire Hathaway Inc. Class B Add +66.5% 1.32% +0.36
NFLX Netflix Inc. Add +12.6% 0.95% +0.30
ISRG Intuitive Surgical Inc. Add +120.8% 0.53% +0.29
CMG Chipotle Mexican Grill Inc. New 0.29% +0.29
GOOG Alphabet Inc. Class C Add +8.9% 2.74% +0.28
DECK Deckers Outdoor Corp. Add +83.0% 0.75% +0.26
DHR Danaher Corp. Add +117.0% 0.49% +0.23
ETR Entergy Corp. New 0.21% +0.21
MS Morgan Stanley Add +92.7% 0.38% +0.20
GS Goldman Sachs Group Inc. Add +27.9% 0.60% +0.20
PEG Public Service Enterprise GP New 0.20% +0.20
GE General Electric Add +14.9% 0.78% +0.20
COF Capital One Financial Corp. Add +130.9% 0.32% +0.19
TT Trane Technologies PLC Add +153.8% 0.27% +0.18
KR Kroger Co. Add +99.1% 0.37% +0.18
CAH Cardinal Health Inc. New 0.18% +0.18
C Citigroup Inc. Add +44.0% 0.48% +0.17
VZ Verizon Communications Inc. Add +51.3% 0.74% +0.17
KLAC KLA Corp. Add +29.1% 0.48% +0.17
RCL Royal Caribbean Cruises Ltd. New 0.16% +0.16
SHOP Shopify Inc. Class A Add +34.7% 0.48% +0.15
AON Aon PLC Class A Add +124.6% 0.30% +0.13
CNC Centene Corp. New 0.13% +0.13
HUM Humana Inc. New 0.12% +0.12
SRE Sempra Add +91.9% 0.25% +0.11
CINF Cincinnati Financial Corp. New 0.11% +0.11
STE Steris PLC New 0.11% +0.11
SAP Sap SE-Sponsored ADR New 0.11% +0.11
ATO Atmos Energy Corp. New 0.11% +0.11
AMGN Amgen Inc. Add +91.2% 0.29% +0.10
PGR Progressive Corp. Add +62.0% 0.36% +0.10
AWK American Water Works Co. Inc. New 0.10% +0.10
IDXX Idexx Laboratories Inc. New 0.09% +0.09

Notes & Other Activity Q1 2025 → Q2 2025
ENB Enbridge Inc. COM Reduce -100.0% 0 $243K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 121$16.9BNVDA, MSFT, AAPL, GOOG, TSM
Q1 2026 117$15.1BNVDA, MSFT, AAPL, GOOG, TSM
Q4 2025 123$16.1BNVDA, MSFT, AAPL, GOOG, AMZN
Q3 2025Amended 134$15.8BNVDA, MSFT, AAPL, GOOG, AMZN
Q2 2025 169$15.0BMSFT, NVDA, SPOT, AAPL, AMZN
Q1 2025 225$13.5BMSFT, NVDA, AAPL, AMZN, SPOT
Q4 2024 250$14.1BMSFT, NVDA, AAPL, AMZN, V
Q3 2024Amended 230$14.0BMSFT, NVDA, AAPL, SPOT, V
Q2 2024 222$13.4BMSFT, NVDA, GOOG, AAPL, V
Q1 2024 202$13.2BMSFT, NVDA, AAPL, V, SPOT