BI Asset Management Fondsmaeglerselskab A/S
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), BI Asset Management Fondsmaeglerselskab A/S reported 909 stock positions worth $8.9 billion. Its top holding was Nvidia (NVDA) at 6.1% of the portfolio, followed by Microsoft (MSFT, 5.9%) and Apple (AAPL, 5.9%). Compared with Q4 2024, it opened 210 new positions, sold out of 49, added to 254 and reduced 422. The biggest buy was Cisco Systems (CSCO, shares +60%) and the biggest sale Nvidia (NVDA, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- KOBENHAVN, G7
- CIK
- 0001778131
- Portfolio Value
- $8.9B (Q1 2025)
- SEC Filing
- 0001778131-25-000002 ↗ filed May 14, 2025
Holdings Value
Holdings 909 stocks · $8.9B
| NVDA Nvidia Corp. | 6.06% | 4,966,920 | $538.3M | Reduce -1.6% |
| MSFT Microsoft Corp. | 5.91% | 1,397,558 | $524.6M | Add +7.9% |
| AAPL Apple Inc. | 5.86% | 2,341,107 | $520.0M | Reduce -1.5% |
| GOOGL Alphabet Inc. Class A | 3.35% | 1,922,095 | $297.2M | Reduce -1.7% |
| META Meta Platforms Inc. Class A | 3.22% | 495,585 | $285.6M | Reduce -6.6% |
| AMZN Amazon.com Inc. | 3.11% | 1,449,949 | $275.9M | Add +0.3% |
| V Visa Inc. Class A | 2.04% | 518,002 | $181.5M | Add +5.0% |
| MA Mastercard Inc. Class A | 1.90% | 308,240 | $169.0M | Add +3.4% |
| JPM JPMorgan Chase & Co. | 1.77% | 641,356 | $157.3M | Add +7.4% |
| COST Costco Wholesale Corp. | 1.47% | 138,092 | $130.6M | Add +39.1% |
| AVGO Broadcom Inc. | 1.47% | 779,634 | $130.5M | Reduce -7.4% |
| PG The Procter & Gamble Co. | 1.38% | 720,479 | $122.8M | Add +16.5% |
| CSCO Cisco Systems Inc. | 1.27% | 1,832,968 | $113.1M | Add +60.4% |
| PGR Progressive Corp. | 1.16% | 365,286 | $103.4M | Add +12.3% |
| KO The Coca-Cola Co. | 1.03% | 1,275,613 | $91.4M | Reduce -26.6% |
| LLY Eli Lilly & Co. | 1.02% | 110,177 | $91.0M | Reduce -13.3% |
| BKNG Booking Holdings Inc. | 1.00% | 19,326 | $89.0M | Reduce -9.9% |
| ABBV Abbvie Inc. | 0.95% | 402,986 | $84.4M | Reduce -14.8% |
| UNH Unitedhealth Group Inc. | 0.91% | 153,722 | $80.5M | Reduce -11.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.84% | 613,411 | $74.7M | Add +3.7% |
| VZ Verizon Communications Inc. | 0.83% | 1,631,283 | $74.0M | Reduce -8.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.81% | 290,198 | $72.2M | Reduce -25.2% |
| JNJ Johnson & Johnson | 0.78% | 417,068 | $69.2M | Add +9.2% |
| QCOM Qualcomm Inc. | 0.76% | 438,913 | $67.4M | Add +0.5% |
| KLAC KLA Corp. | 0.74% | 96,497 | $65.6M | Reduce -6.4% |
| PAYX Paychex Inc. | 0.73% | 422,413 | $65.2M | Add +28.1% |
| FISV Fiserv Inc. | 0.73% | 292,680 | $64.6M | Add +21.1% |
| NEE Nextera Energy Inc. | 0.69% | 863,647 | $61.2M | Reduce -2.0% |
| ADP Automatic Data Processing | 0.67% | 194,555 | $59.4M | Add +111.4% |
| ORCL Oracle Corp. | 0.67% | 423,719 | $59.2M | Reduce -13.1% |
| ELV Elevance Health Inc. | 0.61% | 125,087 | $54.4M | Add +8.2% |
| ADBE Adobe Inc. | 0.60% | 138,705 | $53.2M | Reduce -14.4% |
| EBAY eBay Inc. | 0.54% | 706,039 | $47.8M | Add +6.5% |
| WMT Walmart Inc. | 0.52% | 527,834 | $46.3M | Reduce -28.5% |
| AMAT Applied Materials Inc. | 0.50% | 308,213 | $44.7M | Reduce -30.2% |
| GILD Gilead Sciences Inc. | 0.50% | 398,811 | $44.7M | Reduce -14.5% |
| HD Home Depot Inc. | 0.50% | 120,711 | $44.2M | Add +10.6% |
| AZN Astrazeneca PLC-Spons ADR | 0.49% | 594,686 | $43.7M | Reduce -33.8% |
| UNP Union Pacific Corp. | 0.48% | 182,294 | $43.1M | Add +29.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.48% | 79,261 | $42.2M | Reduce -51.1% |
| AMP Ameriprise Financial Inc. | 0.46% | 84,241 | $40.8M | Reduce -10.3% |
| HCA HCA Healthcare Inc. | 0.46% | 117,677 | $40.7M | Add +21.6% |
| NFLX Netflix Inc. | 0.46% | 43,463 | $40.5M | Add +24.3% |
| SNPS Synopsys Inc. | 0.44% | 91,278 | $39.1M | Add +11.5% |
| MELI MercadoLibre Inc. | 0.44% | 19,960 | $38.9M | Reduce -11.6% |
| AMT American Tower Corp. | 0.44% | 178,127 | $38.8M | Add +5.2% |
| ABT Abbott Laboratories | 0.43% | 289,092 | $38.3M | Reduce -9.9% |
| SPGI S&P Global Inc. | 0.43% | 74,649 | $37.9M | Reduce -16.1% |
| LOW Lowe's Cos Inc. | 0.43% | 162,007 | $37.8M | Add +13.5% |
| PEP Pepsico Inc. | 0.42% | 248,506 | $37.3M | Add +3.6% |
| CAT Caterpillar Inc. | 0.40% | 106,641 | $35.2M | Reduce -32.8% |
| HIG Hartford Insurance Group Inc. | 0.40% | 283,578 | $35.1M | Add +10.3% |
| LNT Alliant Energy Corp. | 0.39% | 531,611 | $34.2M | Add +0.8% |
| TSLA Tesla Inc. | 0.38% | 131,647 | $34.1M | Reduce -43.8% |
| UBER Uber Technologies Inc. | 0.38% | 466,662 | $34.0M | Reduce -27.0% |
| ISRG Intuitive Surgical Inc. | 0.38% | 67,673 | $33.5M | Add +75.6% |
| EME Emcor Group Inc. | 0.37% | 88,721 | $32.8M | Add +68.9% |
| TMO Thermo Fisher Scientific Inc. | 0.36% | 64,888 | $32.3M | Add +3.6% |
| TRV The Travelers Cos Inc. | 0.36% | 121,256 | $32.1M | Reduce -6.9% |
| ZTS Zoetis Inc. | 0.36% | 192,178 | $31.6M | Reduce -31.8% |
| CTAS Cintas Corp. | 0.35% | 149,827 | $30.8M | Reduce -1.0% |
| FTNT Fortinet Inc. | 0.34% | 315,157 | $30.3M | Add +6.3% |
| INTU Intuit Inc. | 0.33% | 48,349 | $29.7M | Add +21.5% |
| AXP American Express Co. | 0.33% | 110,134 | $29.6M | Add +211.9% |
| ACM Aecom | 0.33% | 317,837 | $29.5M | Add +14.3% |
| ECL Ecolab Inc. | 0.33% | 115,692 | $29.3M | Add +28.2% |
| FIS Fidelity National Info Serv | 0.32% | 382,766 | $28.6M | Add +7.9% |
| EQIX Equinix Inc. | 0.32% | 34,982 | $28.5M | Add +33.2% |
| CMCSA Comcast Corp. Class A | 0.32% | 765,731 | $28.3M | Reduce -15.8% |
| ITW Illinois Tool Works | 0.31% | 112,617 | $27.9M | Add +134.7% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.31% | 28,258 | $27.9M | Reduce -22.3% |
| SCI Service Corp. International | 0.31% | 341,553 | $27.4M | Add +9.0% |
| AVY Avery Dennison Corp. | 0.31% | 152,498 | $27.1M | Add +14.3% |
| DECK Deckers Outdoor Corp. | 0.30% | 241,965 | $27.1M | Add +108.9% |
| HDB HDFC Bank Ltd.-ADR | 0.30% | 406,318 | $27.0M | Add +14.3% |
| COR Cencora Inc. | 0.29% | 93,283 | $25.9M | Add +1169.0% |
| UTHR United Therapeutics Corp. | 0.29% | 83,866 | $25.9M | Reduce -1.6% |
| CAH Cardinal Health Inc. | 0.28% | 183,175 | $25.2M | Add +102.7% |
| FICO Fair Isaac Corp. | 0.28% | 13,556 | $25.0M | Reduce -1.4% |
| NTAP Netapp Inc. | 0.28% | 279,227 | $24.5M | Reduce -15.2% |
| CL Colgate-Palmolive Co. | 0.27% | 257,963 | $24.2M | Reduce -33.7% |
| ICE Intercontinental Exchange Inc. | 0.27% | 138,660 | $23.9M | Add +20.1% |
| HALO Halozyme Therapeutics Inc. | 0.27% | 373,492 | $23.8M | Reduce -12.6% |
| TMUS T-Mobile US Inc. | 0.26% | 86,310 | $23.0M | Add +78.4% |
| APP AppLovin Corp. Class A | 0.26% | 86,073 | $22.8M | Add +21.8% |
| BSX Boston Scientific Corp. | 0.25% | 222,645 | $22.5M | Reduce -17.6% |
| SYY Sysco Corp. | 0.25% | 298,613 | $22.4M | Add +56.5% |
| CVS CVS Health Corp. | 0.25% | 330,722 | $22.4M | Reduce -30.1% |
| NVR NVR Inc. | 0.25% | 3,092 | $22.4M | Reduce -5.1% |
| CRM Salesforce Inc. | 0.24% | 80,734 | $21.7M | Reduce -16.7% |
| GM General Motors Co. | 0.24% | 458,153 | $21.5M | Add +55.3% |
| SHOP Shopify Inc. Class A | 0.24% | 225,390 | $21.5M | Add +39.0% |
| CLX Clorox Company | 0.24% | 146,121 | $21.5M | Add +295.0% |
| RMD Resmed Inc. | 0.24% | 95,736 | $21.4M | Add +24.2% |
| ANET Arista Networks Inc. | 0.24% | 272,486 | $21.1M | Add +17.3% |
| NOW ServiceNow Inc. | 0.24% | 26,388 | $21.0M | Reduce -11.6% |
| LPLA LPL Financial Holdings Inc. | 0.23% | 62,291 | $20.4M | Add +232.5% |
| CHTR Charter Communications Inc. Class A | 0.23% | 55,036 | $20.3M | Add +3.5% |
| SYK Stryker Corp. | 0.23% | 54,271 | $20.2M | Add +205.4% |
| CME Cme Group Inc. | 0.22% | 74,879 | $19.9M | Add +427.1% |
Portfolio Sells Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | Reduce -1.6% | 6.06% | −1.08 |
| TSLA Tesla Inc. | Reduce -43.8% | 0.38% | −0.61 |
| AVGO Broadcom Inc. | Reduce -7.4% | 1.47% | −0.59 |
| GOOGL Alphabet Inc. Class A | Reduce -1.7% | 3.35% | −0.56 |
| AAPL Apple Inc. | Reduce -1.5% | 5.86% | −0.42 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -51.1% | 0.48% | −0.30 |
| MU Micron Technology Inc. | Reduce -86.3% | 0.05% | −0.30 |
| AMAT Applied Materials Inc. | Reduce -30.2% | 0.50% | −0.25 |
| MRVL Marvell Technology Inc. | Reduce -83.3% | 0.02% | −0.22 |
| CAT Caterpillar Inc. | Reduce -32.8% | 0.40% | −0.21 |
| WSM Williams-Sonoma Inc. | Reduce -50.1% | 0.17% | −0.21 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -86.2% | 0.03% | −0.20 |
| ORCL Oracle Corp. | Reduce -13.1% | 0.67% | −0.19 |
| WMT Walmart Inc. | Reduce -28.5% | 0.52% | −0.18 |
| MMM 3M Co. | Reduce -87.0% | 0.03% | −0.17 |
| MRK Merck & Co. Inc. | Reduce -41.1% | 0.21% | −0.16 |
| ADBE Adobe Inc. | Reduce -14.4% | 0.60% | −0.16 |
| KMB Kimberly-Clark Corp. | Reduce -57.0% | 0.15% | −0.15 |
| LNG Cheniere Energy Inc. | Reduce -62.6% | 0.11% | −0.14 |
| XOM Exxon Mobil Corp. | Reduce -49.4% | 0.21% | −0.14 |
| VICI Vici Properties Inc. | Reduce -57.9% | 0.14% | −0.14 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -33.8% | 0.49% | −0.13 |
| ZTS Zoetis Inc. | Reduce -31.8% | 0.36% | −0.13 |
| NTAP Netapp Inc. | Reduce -15.2% | 0.28% | −0.13 |
| URI United Rentals Inc. | Reduce -47.9% | 0.12% | −0.13 |
| AMD Advanced Micro Devices | Reduce -52.6% | 0.09% | −0.12 |
| BKNG Booking Holdings Inc. | Reduce -9.9% | 1.00% | −0.12 |
| DKS Dick's Sporting Goods Inc. | Reduce -49.1% | 0.11% | −0.12 |
| VRT Vertiv Holdings Co. Class A | Reduce -29.0% | 0.11% | −0.12 |
| KO The Coca-Cola Co. | Reduce -26.6% | 1.03% | −0.11 |
| ADSK Autodesk Inc. | Reduce -70.3% | 0.04% | −0.11 |
| VST Vistra Corp. | Reduce -69.0% | 0.04% | −0.11 |
| PLTR Palantir Technologies Inc. Class A | Reduce -64.9% | 0.08% | −0.11 |
| BMY Bristol-Myers Squibb Co. | Reduce -69.7% | 0.06% | −0.10 |
| COO The Cooper Cos Inc. | Reduce -36.4% | 0.17% | −0.10 |
| CL Colgate-Palmolive Co. | Reduce -33.7% | 0.27% | −0.10 |
| CRM Salesforce Inc. | Reduce -16.7% | 0.24% | −0.10 |
| NOW ServiceNow Inc. | Reduce -11.6% | 0.24% | −0.10 |
| ANF Abercrombie & Fitch Co. Class A | Reduce -14.0% | 0.09% | −0.10 |
| MAS Masco Corp. | Reduce -94.7% | 0.01% | −0.09 |
| GWW WW Grainger Inc. | Reduce -22.3% | 0.31% | −0.09 |
| IBM Intl Business Machines Corp. | Reduce -25.2% | 0.81% | −0.09 |
| XYZ Block Inc. | Reduce -78.2% | 0.01% | −0.08 |
| BAC Bank of America Corp. | Reduce -34.1% | 0.16% | −0.08 |
| DELL Dell Technologies -C | Reduce -62.8% | 0.04% | −0.08 |
| ALL Allstate Corp. | Reduce -74.5% | 0.03% | −0.08 |
| CSL Carlisle Cos Inc. | Reduce -27.8% | 0.19% | −0.08 |
| CCL Carnival Corp. | Reduce -83.5% | 0.01% | −0.08 |
| APO Apollo Global Management Inc. | Reduce -64.3% | 0.03% | −0.08 |
| PFE Pfizer Inc. | Reduce -28.2% | 0.21% | −0.08 |
Portfolio Buys Q4 2024 → Q1 2025
| CSCO Cisco Systems Inc. | Add +60.4% | 1.27% | +0.56 |
| COST Costco Wholesale Corp. | Add +39.1% | 1.47% | +0.51 |
| V Visa Inc. Class A | Add +5.0% | 2.04% | +0.40 |
| ADP Automatic Data Processing | Add +111.4% | 0.67% | +0.39 |
| PGR Progressive Corp. | Add +12.3% | 1.16% | +0.34 |
| PG The Procter & Gamble Co. | Add +16.5% | 1.38% | +0.29 |
| COR Cencora Inc. | Add +1169.0% | 0.29% | +0.27 |
| JPM JPMorgan Chase & Co. | Add +7.4% | 1.77% | +0.26 |
| MA Mastercard Inc. Class A | Add +3.4% | 1.90% | +0.25 |
| PAYX Paychex Inc. | Add +28.1% | 0.73% | +0.25 |
| AXP American Express Co. | Add +211.9% | 0.33% | +0.22 |
| FISV Fiserv Inc. | Add +21.1% | 0.73% | +0.20 |
| JNJ Johnson & Johnson | Add +9.2% | 0.78% | +0.20 |
| CME Cme Group Inc. | Add +427.1% | 0.22% | +0.19 |
| ITW Illinois Tool Works | Add +134.7% | 0.31% | +0.19 |
| CLX Clorox Company | Add +295.0% | 0.24% | +0.18 |
| CAH Cardinal Health Inc. | Add +102.7% | 0.28% | +0.17 |
| MSI Motorola Solutions Inc. | Add +336.7% | 0.21% | +0.17 |
| EAT Brinker International Inc. | Add +617.9% | 0.19% | +0.17 |
| ISRG Intuitive Surgical Inc. | Add +75.6% | 0.38% | +0.17 |
| LPLA LPL Financial Holdings Inc. | Add +232.5% | 0.23% | +0.17 |
| CMI Cummins Inc. | Add +400.1% | 0.21% | +0.16 |
| ELV Elevance Health Inc. | Add +8.2% | 0.61% | +0.16 |
| SYK Stryker Corp. | Add +205.4% | 0.23% | +0.16 |
| RSG Republic Services Inc. | Add +192.1% | 0.22% | +0.16 |
| MSFT Microsoft Corp. | Add +7.9% | 5.91% | +0.15 |
| HCA HCA Healthcare Inc. | Add +21.6% | 0.46% | +0.15 |
| UNP Union Pacific Corp. | Add +29.9% | 0.48% | +0.15 |
| TMUS T-Mobile US Inc. | Add +78.4% | 0.26% | +0.15 |
| NFLX Netflix Inc. | Add +24.3% | 0.46% | +0.13 |
| PYPL PayPal Holdings Inc. | Add +355.4% | 0.16% | +0.12 |
| EME Emcor Group Inc. | Add +68.9% | 0.37% | +0.12 |
| FOXA Fox Corp. Class A | Add +115.5% | 0.18% | +0.11 |
| KMI Kinder Morgan Inc. | Add +447.4% | 0.13% | +0.11 |
| EQH Equitable Holdings Inc. | Add +1691.6% | 0.12% | +0.11 |
| AMT American Tower Corp. | Add +5.2% | 0.44% | +0.11 |
| ECL Ecolab Inc. | Add +28.2% | 0.33% | +0.11 |
| CORT Corcept Therapeutics Inc. | New | 0.11% | +0.11 |
| EBAY eBay Inc. | Add +6.5% | 0.54% | +0.11 |
| GFI Gold Fields Ltd.-Spons ADR | New | 0.10% | +0.10 |
| MCO Moody's Corp. | Add +136.2% | 0.17% | +0.10 |
| FAST Fastenal Co. | Add +416.4% | 0.12% | +0.10 |
| BABA Alibaba Group Holding-SP ADR | Add +89.3% | 0.15% | +0.10 |
| HIG Hartford Insurance Group Inc. | Add +10.3% | 0.40% | +0.10 |
| SYY Sysco Corp. | Add +56.5% | 0.25% | +0.10 |
| EIX Edison International | Add +283.2% | 0.14% | +0.09 |
| GLPI Gaming and Leisure Propertie | Add +375.5% | 0.11% | +0.09 |
| ICE Intercontinental Exchange Inc. | Add +20.1% | 0.27% | +0.09 |
| TJX TJX Companies Inc. | Add +3.7% | 0.84% | +0.09 |
| EXEL Exelixis Inc. | Add +4377.7% | 0.09% | +0.09 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 706 | $12.6B | NVDA, AAPL, GOOGL, MSFT, AVGO |
| Q1 2026 | 612 | $9.6B | NVDA, GOOGL, AAPL, MSFT, AVGO |
| Q4 2025 | 654 | $11.3B | NVDA, MSFT, GOOGL, AAPL, AMZN |
| Q3 2025 | 700 | $11.1B | NVDA, MSFT, AAPL, GOOGL, META |
| Q2 2025 | 739 | $10.2B | NVDA, MSFT, AAPL, META, GOOGL |
| Q1 2025 | 909 | $8.9B | NVDA, MSFT, AAPL, GOOGL, META |
| Q4 2024 | 747 | $9.5B | NVDA, AAPL, MSFT, GOOGL, AMZN |
| Q3 2024 | 571 | $5.8B | NVDA, MSFT, GOOGL, META, UNH |
| Q2 2024 | 632 | $6.1B | NVDA, MSFT, AAPL, GOOGL, AMZN |
| Q1 2024 | 720 | $5.3B | MSFT, AAPL, NVDA, GOOGL, UNH |