AMF Tjanstepension AB

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), AMF Tjanstepension AB reported 134 stock positions worth $15.8 billion. Its top holding was Nvidia (NVDA) at 9.4% of the portfolio, followed by Microsoft (MSFT, 8.8%) and Apple (AAPL, 5.2%). Compared with Q2 2025, it opened 13 new positions, sold out of 48, added to 34 and reduced 32. The biggest buy was a new position in Comfort Systems USA (FIX) and the biggest sale Spotify Technology (SPOT, shares −42%).

Most Recent 13F
Q2 2026
Location
STOCKHOLM, V7
CIK
0001553562
Portfolio Value
$15.8B (Q3 2025)
SEC Filing
0001062993-25-016785 ↗ filed Nov 14, 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 Q2 2025 Q3 2025: $15.8B $15.8B Q3 2025 Q4 2025: $16.1B Q4 2025 Q1 2026: $15.1B Q1 2026 Q2 2026: $16.9B Q2 2026

Holdings 134 stocks · $15.8B
NVDA Nvidia Corp. 9.43% 7,973,644 $1.5B Reduce -4.3%
MSFT Microsoft Corp. 8.82% 2,685,978 $1.4B Reduce -0.2%
AAPL Apple Inc. 5.18% 3,207,806 $816.8M Reduce -0.1%
GOOG Alphabet Inc. Class C 3.58% 2,322,256 $565.6M No change
AMZN Amazon.com Inc. 3.31% 2,376,792 $521.9M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 3.01% 9,210,053 $475.1M Add +3.4%
V Visa Inc. Class A 3.00% 1,387,546 $473.7M No change
TSM Taiwan Semiconductor-SP ADR 2.81% 1,588,786 $443.7M Reduce -12.5%
PLD Prologis Inc. 2.71% 3,738,851 $428.2M Add +8.4%
LIN Linde PLC 2.68% 889,929 $422.7M Add +16.5%
SPOT Spotify Technology SA 2.56% 578,894 $404.1M Reduce -42.0%
BABA Alibaba Group Holding-SP ADR 2.52% 2,226,005 $397.9M Reduce -17.3%
PH Parker Hannifin Corp. 2.50% 520,419 $394.6M Reduce -2.5%
META Meta Platforms Inc. Class A 2.36% 507,808 $372.9M No change
ICE Intercontinental Exchange Inc. 2.28% 2,139,390 $360.4M No change
LLY Eli Lilly & Co. 2.27% 470,275 $358.8M Add +37.1%
FIX Comfort Systems USA Inc. 1.70% 324,974 $268.2M New
AVGO Broadcom Inc. 1.70% 810,901 $267.5M Add +41.0%
MELI MercadoLibre Inc. 1.67% 113,062 $264.2M Add +18.3%
JPM JPMorgan Chase & Co. 1.53% 766,861 $241.9M Add +0.8%
CRM Salesforce Inc. 1.45% 964,263 $228.5M Reduce -33.4%
WDC Western Digital Corp. 1.38% 1,812,464 $217.6M Reduce -2.8%
ROL Rollins Inc. 1.33% 3,583,919 $210.5M Add +1.2%
BRK.B Berkshire Hathaway Inc. Class B 1.29% 404,624 $203.4M Reduce -0.9%
GOOGL Alphabet Inc. Class A 1.23% 799,460 $194.3M No change
KO The Coca-Cola Co. 1.14% 2,722,512 $180.6M Add +52.0%
NFLX Netflix Inc. 0.92% 120,613 $144.6M Add +13.2%
GE General Electric filed as GE AEROSPACE 0.82% 430,566 $129.5M Reduce -6.0%
CL Colgate-Palmolive Co. 0.81% 1,603,960 $128.2M Reduce -31.7%
COP Conocophillips 0.77% 1,283,007 $121.4M Reduce -2.2%
SFM Sprouts Farmers Market Inc. 0.71% 1,036,242 $112.7M Add +10699.8%
RCL Royal Caribbean Cruises Ltd. 0.71% 348,138 $112.7M Add +341.1%
VZ Verizon Communications Inc. 0.71% 2,546,835 $111.9M Reduce -0.8%
DECK Deckers Outdoor Corp. 0.70% 1,091,975 $110.7M No change
GS Goldman Sachs Group Inc. 0.64% 127,212 $101.3M No change
BSX Boston Scientific Corp. 0.56% 906,412 $88.5M Add +2.0%
COST Costco Wholesale Corp. 0.56% 94,974 $87.9M No change
ISRG Intuitive Surgical Inc. 0.55% 195,638 $87.5M Add +32.4%
C Citigroup Inc. 0.55% 855,305 $86.8M No change
KLAC KLA Corp. 0.55% 79,862 $86.1M No change
NEE Nextera Energy Inc. 0.54% 1,128,870 $85.2M No change
WDAY Workday Inc. Class A 0.52% 338,715 $81.5M New
MCD McDonald's Corp. 0.48% 247,007 $75.1M No change
ELV Elevance Health Inc. 0.47% 231,555 $74.8M Add +54.9%
FSLR First Solar Inc. 0.47% 334,039 $73.7M Add +1475.1%
CNM Core & Main Inc. Class A 0.46% 1,343,266 $72.3M New
DHR Danaher Corp. 0.46% 363,877 $72.1M Reduce -2.5%
MS Morgan Stanley 0.41% 409,071 $65.0M No change
PGR Progressive Corp. 0.41% 262,121 $64.7M Add +29.7%
SYK Stryker Corp. 0.41% 173,535 $64.2M Reduce -10.5%
GILD Gilead Sciences Inc. 0.37% 524,960 $58.3M No change
MRSH Marsh & McLennan Cos 0.35% 273,821 $55.2M Reduce -4.4%
GEV GE Vernova Inc. 0.35% 89,278 $54.9M Reduce -68.0%
HCA HCA Healthcare Inc. 0.34% 125,586 $53.5M No change
SAP Sap SE-Sponsored ADR 0.32% 190,311 $50.9M Add +260.2%
CI The Cigna Group 0.32% 175,974 $50.7M Add +2.6%
SHOP Shopify Inc. Class A 0.32% 340,982 $50.7M Reduce -45.6%
COF Capital One Financial Corp. 0.31% 228,371 $48.5M No change
AZO AutoZone Inc. 0.31% 11,285 $48.4M No change
AON Aon PLC Class A 0.29% 126,792 $45.2M No change
SRE Sempra 0.28% 493,066 $44.4M No change
AMGN Amgen Inc. 0.27% 151,270 $42.7M Reduce -3.1%
HPE Hewlett Packard Enterprise 0.27% 1,727,927 $42.4M New
ALL Allstate Corp. 0.27% 196,836 $42.3M Add +33.8%
CLS Celestica Inc. 0.26% 166,607 $41.0M Add +889.5%
AFL Aflac Inc. 0.26% 360,359 $40.3M No change
HUM Humana Inc. 0.25% 151,556 $39.4M Add +105.1%
INTU Intuit Inc. 0.25% 57,080 $39.0M Add +169.7%
BKNG Booking Holdings Inc. 0.24% 7,093 $38.3M Reduce -56.5%
CMG Chipotle Mexican Grill Inc. 0.23% 936,442 $36.7M Add +21.8%
ETR Entergy Corp. 0.23% 391,557 $36.5M Add +5.2%
TRV The Travelers Cos Inc. 0.23% 129,602 $36.2M No change
ORCL Oracle Corp. 0.23% 128,665 $36.2M New
COR Cencora Inc. 0.22% 112,643 $35.2M No change
TT Trane Technologies PLC 0.22% 81,154 $34.2M Reduce -13.4%
APP AppLovin Corp. Class A 0.22% 47,550 $34.2M Add +445.1%
DDOG Datadog Inc. Class A 0.22% 238,777 $34.0M Reduce -10.4%
BKR Baker Hughes Co. 0.21% 695,059 $33.8M No change
AXP American Express Co. 0.21% 100,833 $33.5M No change
ULTA Ulta Beauty Inc. 0.21% 60,137 $32.9M New
EXC Exelon Corp. 0.21% 723,352 $32.6M No change
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.20% 904,153 $31.1M No change
PEG Public Service Enterprise GP 0.18% 348,981 $29.1M No change
ED Consolidated Edison Inc. 0.18% 286,622 $28.8M No change
HIG Hartford Insurance Group Inc. 0.17% 196,127 $26.2M No change
CAH Cardinal Health Inc. 0.17% 166,022 $26.1M Add +5.6%
VRTX Vertex Pharmaceuticals Inc. 0.15% 62,462 $24.5M Reduce -3.5%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.15% 220,209 $24.0M Add +8.3%
NEM Newmont Corp. 0.15% 282,255 $23.8M No change
HD Home Depot Inc. 0.15% 58,676 $23.8M Add +7.3%
WTW Willis Towers Watson PLC 0.15% 67,819 $23.4M No change
CMCSA Comcast Corp. Class A 0.14% 700,152 $22.0M No change
ABBV Abbvie Inc. 0.13% 90,285 $20.9M No change
LOW Lowe's Cos Inc. 0.13% 78,678 $19.8M No change
SPGI S&P Global Inc. 0.12% 38,698 $18.8M No change
VLO Valero Energy Corp. 0.11% 106,205 $18.1M No change
ATO Atmos Energy Corp. 0.11% 102,632 $17.5M No change
ES Eversource Energy 0.11% 244,990 $17.4M No change
POLESTAR AUTOMOTIVE HLDG UK 0.11% 18,000,000 $16.9M Reduce -16.6%
IDXX Idexx Laboratories Inc. 0.11% 26,417 $16.9M Add +8.6%
PRU Prudential Financial Inc. 0.11% 160,587 $16.7M Reduce -4.6%
XEL Xcel Energy Inc. 0.10% 195,312 $15.8M No change
AWK American Water Works Co. Inc. 0.09% 102,532 $14.3M No change
APTV Aptiv PLC 0.09% 159,337 $13.7M Add +44.3%
AIG American International Group 0.08% 166,817 $13.1M No change
ROST Ross Stores Inc. 0.08% 83,229 $12.7M No change
SNOW Snowflake Inc. 0.08% 55,461 $12.5M No change
DHI D.R. Horton Inc. 0.08% 72,841 $12.3M No change
SYF Synchrony Financial 0.07% 160,417 $11.4M No change
ALNY Alnylam Pharmaceuticals Inc. 0.07% 22,558 $10.3M Reduce -30.7%
LH Labcorp Holdings Inc. 0.06% 34,225 $9.8M No change
GRMN Garmin Ltd. 0.06% 38,753 $9.5M No change
CMS CMS Energy Corp. 0.06% 121,251 $8.9M No change
FIS Fidelity National Info Serv 0.05% 126,165 $8.3M No change
MTZ Mastec Inc. 0.03% 23,604 $5.0M New
WELL Welltower Inc. 0.03% 26,507 $4.7M Add +68.3%
BIIB Biogen Inc. 0.03% 33,479 $4.7M Reduce -43.4%
ITT Itt Inc. 0.03% 25,082 $4.5M New
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.03% 251,647 $4.0M Add +882.9%
WWD Woodward Inc. 0.02% 14,952 $3.8M New
NXT Nextpower Inc. filed as NEXTRACKER INC 0.02% 46,535 $3.4M New
ONTO Onto Innovation Inc. 0.02% 24,738 $3.2M New
LRCX Lam Research Corp. 0.02% 17,916 $2.4M New
MCK McKesson Corp. 0.01% 2,523 $1.9M No change
ACGL Arch Capital Group Ltd. 0.01% 19,611 $1.8M Reduce -83.3%
YUMC Yum China Holdings Inc. 0.01% 38,100 $1.6M Add +175.9%
MRK Merck & Co. Inc. 0.01% 15,947 $1.3M Reduce -97.2%
EIX Edison International 0.01% 24,208 $1.3M Reduce -91.4%
AMT American Tower Corp. 0.01% 6,880 $1.3M No change
PINS Pinterest Inc. Class A 0.01% 37,983 $1.2M New
ZTS Zoetis Inc. 0.01% 7,481 $1.1M No change
BAP Credicorp Ltd. 0.01% 3,400 $905K No change
GEHC GE Healthcare Technology 0.00% 9,967 $749K No change
WTRG Essential Utilities Inc. 0.00% 18,594 $742K Reduce -85.0%

Portfolio Sells Q2 2025 → Q3 2025
SPOT Spotify Technology SA Reduce -42.0% 2.56% −2.54
CRM Salesforce Inc. Reduce -33.4% 1.45% −1.18
TECK Teck Resources Ltd.-CLS B Sold out 0.00% −0.67
UNH Unitedhealth Group Inc. Sold out 0.00% −0.64
GEV GE Vernova Inc. Reduce -68.0% 0.35% −0.63
EMR Emerson Electric Co. Sold out 0.00% −0.63
CL Colgate-Palmolive Co. Reduce -31.7% 0.81% −0.61
BKNG Booking Holdings Inc. Reduce -56.5% 0.24% −0.39
KR Kroger Co. Sold out 0.00% −0.37
MRK Merck & Co. Inc. Reduce -97.2% 0.01% −0.30
JCI Johnson Controls Internation Sold out 0.00% −0.20
FAST Fastenal Co. Sold out 0.00% −0.19
ALC Alcon Inc. Sold out 0.00% −0.16
SHOP Shopify Inc. Class A Reduce -45.6% 0.32% −0.16
UBS UBS Group AG-Reg Sold out 0.00% −0.16
DIS The Walt Disney Co. Sold out 0.00% −0.15
GWW WW Grainger Inc. Sold out 0.00% −0.14
SYY Sysco Corp. Sold out 0.00% −0.13
CNC Centene Corp. Sold out 0.00% −0.13
TSCO Tractor Supply Company Sold out 0.00% −0.12
CINF Cincinnati Financial Corp. Sold out 0.00% −0.11
STE Steris PLC Sold out 0.00% −0.11
SYK Stryker Corp. Reduce -10.5% 0.41% −0.10
MSFT Microsoft Corp. Reduce -0.2% 8.82% −0.09
SCHW Schwab (charles) Corp. Sold out 0.00% −0.09
EIX Edison International Reduce -91.4% 0.01% −0.09
DE Deere & Co. Sold out 0.00% −0.09
CNP Centerpoint Energy Inc. Sold out 0.00% −0.09
FER Ferrovial NV Sold out 0.00% −0.08
TJX TJX Companies Inc. Sold out 0.00% −0.08
MRSH Marsh & McLennan Cos Reduce -4.4% 0.35% −0.07
ITW Illinois Tool Works Sold out 0.00% −0.06
ACGL Arch Capital Group Ltd. Reduce -83.3% 0.01% −0.06
TT Trane Technologies PLC Reduce -13.4% 0.22% −0.06
PFG Principal Financial Group Sold out 0.00% −0.05
IFF Intl Flavors & Fragrances Sold out 0.00% −0.05
TPL Texas Pacific Land Corp. Sold out 0.00% −0.05
POLESTAR AUTOMOTIVE HLDG UK Reduce -16.6% 0.11% −0.05
BRO Brown & Brown Inc. Sold out 0.00% −0.05
LEN Lennar Corp. Class A Sold out 0.00% −0.04
MKL Markel Group Inc. Sold out 0.00% −0.04
CBOE Cboe Global Markets Inc. Sold out 0.00% −0.04
TDY Teledyne Technologies Inc. Sold out 0.00% −0.04
BBY Best Buy Co. Inc. Sold out 0.00% −0.04
VRTX Vertex Pharmaceuticals Inc. Reduce -3.5% 0.15% −0.04
DHR Danaher Corp. Reduce -2.5% 0.46% −0.03
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.9% 1.29% −0.03
VZ Verizon Communications Inc. Reduce -0.8% 0.71% −0.03
BG Bunge Global SA Sold out 0.00% −0.03
XYL Xylem Inc. Sold out 0.00% −0.03

Portfolio Buys Q2 2025 → Q3 2025
FIX Comfort Systems USA Inc. New 1.70% +1.70
SFM Sprouts Farmers Market Inc. Add +10699.8% 0.71% +0.70
AVGO Broadcom Inc. Add +41.0% 1.70% +0.64
RCL Royal Caribbean Cruises Ltd. Add +341.1% 0.71% +0.55
WDAY Workday Inc. Class A New 0.52% +0.52
LLY Eli Lilly & Co. Add +37.1% 2.27% +0.49
CNM Core & Main Inc. Class A New 0.46% +0.46
FSLR First Solar Inc. Add +1475.1% 0.47% +0.44
KO The Coca-Cola Co. Add +52.0% 1.14% +0.30
PLD Prologis Inc. Add +8.4% 2.71% +0.30
LIN Linde PLC Add +16.5% 2.68% +0.29
HPE Hewlett Packard Enterprise New 0.27% +0.27
CLS Celestica Inc. Add +889.5% 0.26% +0.24
ORCL Oracle Corp. New 0.23% +0.23
SAP Sap SE-Sponsored ADR Add +260.2% 0.32% +0.22
ULTA Ulta Beauty Inc. New 0.21% +0.21
BAC Bank of America Corp. Add +3.4% 3.01% +0.21
APP AppLovin Corp. Class A Add +445.1% 0.22% +0.20
INTU Intuit Inc. Add +169.7% 0.25% +0.14
HUM Humana Inc. Add +105.1% 0.25% +0.13
ELV Elevance Health Inc. Add +54.9% 0.47% +0.09
ALL Allstate Corp. Add +33.8% 0.27% +0.07
JPM JPMorgan Chase & Co. Add +0.8% 1.53% +0.06
PGR Progressive Corp. Add +29.7% 0.41% +0.05
APTV Aptiv PLC Add +44.3% 0.09% +0.04
MTZ Mastec Inc. New 0.03% +0.03
BNY Bank of New York Mellon Corp. Add +8.3% 0.15% +0.03
ITT Itt Inc. New 0.03% +0.03
ETR Entergy Corp. Add +5.2% 0.23% +0.03
WWD Woodward Inc. New 0.02% +0.02
NU Nu Holdings Ltd./Cayman Isl-A Add +882.9% 0.03% +0.02
NXT Nextpower Inc. New 0.02% +0.02
ONTO Onto Innovation Inc. New 0.02% +0.02
IDXX Idexx Laboratories Inc. Add +8.6% 0.11% +0.02
ISRG Intuitive Surgical Inc. Add +32.4% 0.55% +0.02
HD Home Depot Inc. Add +7.3% 0.15% +0.02
LRCX Lam Research Corp. New 0.02% +0.02
WELL Welltower Inc. Add +68.3% 0.03% +0.01
MELI MercadoLibre Inc. Add +18.3% 1.67% +0.01
PINS Pinterest Inc. Class A New 0.01% +0.01
YUMC Yum China Holdings Inc. Add +175.9% 0.01% +0.01
ROL Rollins Inc. Add +1.2% 1.33% +0.00
CAH Cardinal Health Inc. Add +5.6% 0.17% −0.01
NFLX Netflix Inc. Add +13.2% 0.92% −0.03
CMG Chipotle Mexican Grill Inc. Add +21.8% 0.23% −0.05
CI The Cigna Group Add +2.6% 0.32% −0.06
BSX Boston Scientific Corp. Add +2.0% 0.56% −0.07

Notes & Other Activity Q2 2025 → Q3 2025
ENB Enbridge Inc. COM Sold out 0 $243Kbefore exit

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