BI Asset Management Fondsmaeglerselskab A/S
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), BI Asset Management Fondsmaeglerselskab A/S reported 739 stock positions worth $10.2 billion. Its top holding was Nvidia (NVDA) at 7.9% of the portfolio, followed by Microsoft (MSFT, 5.8%) and Apple (AAPL, 4.1%). Compared with Q1 2025, it opened 22 new positions, sold out of 193, added to 401 and reduced 235. The biggest buy was Nvidia (NVDA, shares +4%) and the biggest sale Apple (AAPL, shares −13%).
- Most Recent 13F
- Q2 2026
- Location
- KOBENHAVN, G7
- CIK
- 0001778131
- Portfolio Value
- $10.2B (Q2 2025)
- SEC Filing
- 0001778131-25-000005 ↗ filed Aug 14, 2025
Holdings Value
Holdings 739 stocks · $10.2B
| NVDA Nvidia Corp. | 7.92% | 5,152,270 | $804.9M | Add +3.7% |
| MSFT Microsoft Corp. | 5.78% | 1,200,806 | $587.2M | Reduce -14.1% |
| AAPL Apple Inc. | 4.07% | 2,043,313 | $413.8M | Reduce -12.7% |
| META Meta Platforms Inc. Class A | 3.84% | 533,178 | $390.2M | Add +7.6% |
| GOOGL Alphabet Inc. Class A | 3.08% | 1,802,900 | $312.9M | Reduce -6.2% |
| AMZN Amazon.com Inc. | 2.96% | 1,405,662 | $300.3M | Reduce -3.0% |
| AVGO Broadcom Inc. | 2.42% | 905,292 | $245.9M | Add +16.1% |
| JPM JPMorgan Chase & Co. | 2.11% | 744,490 | $213.9M | Add +16.1% |
| MA Mastercard Inc. Class A | 1.50% | 271,572 | $152.6M | Reduce -11.9% |
| V Visa Inc. Class A | 1.47% | 431,324 | $149.0M | Reduce -16.7% |
| COST Costco Wholesale Corp. | 1.19% | 122,150 | $120.9M | Reduce -11.5% |
| LLY Eli Lilly & Co. | 1.14% | 149,137 | $115.4M | Add +35.4% |
| KO The Coca-Cola Co. | 1.01% | 1,446,759 | $102.4M | Add +13.4% |
| CSCO Cisco Systems Inc. | 0.97% | 1,462,579 | $98.7M | Reduce -20.2% |
| MELI MercadoLibre Inc. | 0.96% | 37,356 | $97.6M | Add +87.2% |
| PG The Procter & Gamble Co. | 0.88% | 578,687 | $89.6M | Reduce -19.7% |
| BKNG Booking Holdings Inc. | 0.88% | 15,467 | $89.5M | Reduce -20.0% |
| AMAT Applied Materials Inc. | 0.88% | 506,215 | $89.2M | Add +64.2% |
| PGR Progressive Corp. | 0.86% | 328,408 | $87.6M | Reduce -10.1% |
| WMT Walmart Inc. | 0.86% | 890,711 | $87.1M | Add +68.8% |
| KLAC KLA Corp. | 0.84% | 95,796 | $85.8M | Reduce -0.7% |
| TSLA Tesla Inc. | 0.84% | 269,390 | $85.6M | Add +104.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.81% | 277,621 | $81.8M | Reduce -4.3% |
| ABBV Abbvie Inc. | 0.78% | 429,120 | $79.7M | Add +6.5% |
| MRK Merck & Co. Inc. | 0.77% | 992,534 | $78.6M | Add +372.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.77% | 160,783 | $78.1M | Add +102.8% |
| NEM Newmont Corp. | 0.76% | 1,317,932 | $76.8M | Add +2371.7% |
| VZ Verizon Communications Inc. | 0.73% | 1,725,415 | $74.7M | Add +5.8% |
| ADBE Adobe Inc. | 0.71% | 186,459 | $72.1M | Add +34.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.69% | 569,482 | $70.3M | Reduce -7.2% |
| NEE Nextera Energy Inc. | 0.68% | 1,035,284 | $69.2M | Add +19.9% |
| EME Emcor Group Inc. | 0.64% | 121,864 | $65.2M | Add +37.4% |
| GILD Gilead Sciences Inc. | 0.59% | 538,969 | $59.8M | Add +35.1% |
| ORCL Oracle Corp. | 0.58% | 269,508 | $58.9M | Reduce -36.4% |
| NFLX Netflix Inc. | 0.57% | 43,276 | $58.0M | Reduce -0.4% |
| ZTS Zoetis Inc. | 0.56% | 367,052 | $57.2M | Add +91.0% |
| HCA HCA Healthcare Inc. | 0.56% | 147,954 | $56.7M | Add +25.7% |
| EBAY eBay Inc. | 0.55% | 744,627 | $55.4M | Add +5.5% |
| UBER Uber Technologies Inc. | 0.51% | 551,038 | $51.4M | Add +18.1% |
| CRM Salesforce Inc. | 0.50% | 187,838 | $51.2M | Add +132.7% |
| JNJ Johnson & Johnson | 0.49% | 327,158 | $50.0M | Reduce -21.6% |
| ANET Arista Networks Inc. | 0.48% | 478,624 | $49.0M | Add +75.7% |
| AMP Ameriprise Financial Inc. | 0.48% | 91,109 | $48.6M | Add +8.2% |
| INTU Intuit Inc. | 0.48% | 61,447 | $48.4M | Add +27.1% |
| SNPS Synopsys Inc. | 0.48% | 94,221 | $48.3M | Add +3.2% |
| PAYX Paychex Inc. | 0.47% | 340,135 | $47.9M | Reduce -19.5% |
| ELV Elevance Health Inc. | 0.47% | 130,114 | $47.9M | Add +4.0% |
| QCOM Qualcomm Inc. | 0.46% | 295,591 | $47.1M | Reduce -32.6% |
| AZN Astrazeneca PLC-Spons ADR | 0.46% | 717,544 | $46.7M | Add +20.7% |
| XOM Exxon Mobil Corp. | 0.46% | 429,218 | $46.3M | Add +176.5% |
| ADP Automatic Data Processing | 0.45% | 146,985 | $45.3M | Reduce -24.4% |
| FISV Fiserv Inc. | 0.44% | 259,501 | $44.7M | Reduce -11.3% |
| NTES Netease Inc.-ADR | 0.44% | 332,195 | $44.7M | Add +103.0% |
| COR Cencora Inc. | 0.36% | 122,354 | $36.7M | Add +31.2% |
| CVS CVS Health Corp. | 0.36% | 552,120 | $36.6M | Add +66.9% |
| AMD Advanced Micro Devices | 0.36% | 256,990 | $36.5M | Add +216.1% |
| CAT Caterpillar Inc. | 0.36% | 93,057 | $36.1M | Reduce -12.7% |
| PLTR Palantir Technologies Inc. Class A | 0.35% | 261,865 | $35.7M | Add +228.5% |
| SPGI S&P Global Inc. | 0.35% | 72,120 | $35.7M | Reduce -3.4% |
| HDB HDFC Bank Ltd.-ADR | 0.35% | 464,079 | $35.6M | Add +14.2% |
| AMT American Tower Corp. | 0.34% | 172,587 | $34.5M | Reduce -3.1% |
| ADSK Autodesk Inc. | 0.34% | 110,126 | $34.1M | Add +671.6% |
| EXPE Expedia Group Inc. | 0.33% | 196,375 | $33.1M | Add +163.9% |
| NOW ServiceNow Inc. | 0.32% | 31,349 | $32.2M | Add +18.8% |
| ACM Aecom | 0.31% | 312,617 | $31.9M | Reduce -1.6% |
| HIG Hartford Insurance Group Inc. | 0.31% | 247,160 | $31.4M | Reduce -12.8% |
| ECL Ecolab Inc. | 0.31% | 116,237 | $31.3M | Add +0.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.31% | 250,605 | $31.1M | Add +215.2% |
| UNH Unitedhealth Group Inc. | 0.30% | 105,447 | $30.8M | Reduce -31.4% |
| HD Home Depot Inc. | 0.29% | 80,102 | $29.4M | Reduce -33.6% |
| AXP American Express Co. | 0.29% | 91,630 | $29.2M | Reduce -16.8% |
| LNT Alliant Energy Corp. | 0.29% | 530,474 | $29.1M | Reduce -0.2% |
| GM General Motors Co. | 0.29% | 590,293 | $29.0M | Add +28.8% |
| CALM Cal-Maine Foods Inc. | 0.29% | 291,434 | $29.0M | Add +165.6% |
| UNP Union Pacific Corp. | 0.29% | 126,155 | $29.0M | Reduce -30.8% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.29% | 889,310 | $29.0M | Add +136.2% |
| ABT Abbott Laboratories | 0.28% | 218,156 | $28.2M | Reduce -24.5% |
| CL Colgate-Palmolive Co. | 0.28% | 309,507 | $28.1M | Add +20.0% |
| KKR KKR & Co. Inc. | 0.27% | 207,905 | $27.7M | Add +623.5% |
| LOW Lowe's Cos Inc. | 0.27% | 135,810 | $27.7M | Reduce -16.2% |
| SHOP Shopify Inc. Class A | 0.26% | 231,739 | $26.7M | Add +2.8% |
| NTAP Netapp Inc. | 0.26% | 250,476 | $26.7M | Reduce -10.3% |
| TMO Thermo Fisher Scientific Inc. | 0.26% | 65,214 | $26.4M | Add +0.5% |
| SCI Service Corp. International | 0.26% | 351,722 | $26.1M | Add +3.0% |
| AVY Avery Dennison Corp. | 0.25% | 156,642 | $25.0M | Add +2.7% |
| APP AppLovin Corp. Class A | 0.24% | 70,845 | $24.8M | Reduce -17.7% |
| CTAS Cintas Corp. | 0.24% | 110,999 | $24.7M | Reduce -25.9% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.24% | 23,674 | $24.6M | Reduce -16.2% |
| MU Micron Technology Inc. | 0.24% | 196,014 | $24.2M | Add +261.4% |
| CHTR Charter Communications Inc. Class A | 0.23% | 57,760 | $23.6M | Add +5.0% |
| EAT Brinker International Inc. | 0.23% | 128,738 | $23.2M | Add +15.6% |
| ICE Intercontinental Exchange Inc. | 0.23% | 126,384 | $23.2M | Reduce -8.8% |
| AMGN Amgen Inc. | 0.23% | 82,911 | $23.1M | Add +230.8% |
| HALO Halozyme Therapeutics Inc. | 0.23% | 444,947 | $23.1M | Add +19.1% |
| WFC Wells Fargo & Co. | 0.23% | 288,359 | $23.1M | Add +19.9% |
| IDCC Interdigital Inc. | 0.22% | 101,034 | $22.7M | Add +11.7% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.22% | 55,401 | $22.4M | Add +436.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.22% | 470,567 | $22.3M | Add +36.2% |
| VST Vistra Corp. | 0.22% | 113,732 | $22.0M | Add +259.3% |
| C Citigroup Inc. | 0.21% | 253,286 | $21.6M | Add +205.4% |
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Reduce -12.7% | 4.07% | −1.78 |
| UNH Unitedhealth Group Inc. | Reduce -31.4% | 0.30% | −0.60 |
| V Visa Inc. Class A | Reduce -16.7% | 1.47% | −0.58 |
| PG The Procter & Gamble Co. | Reduce -19.7% | 0.88% | −0.50 |
| MA Mastercard Inc. Class A | Reduce -11.9% | 1.50% | −0.40 |
| CSCO Cisco Systems Inc. | Reduce -20.2% | 0.97% | −0.30 |
| PGR Progressive Corp. | Reduce -10.1% | 0.86% | −0.30 |
| QCOM Qualcomm Inc. | Reduce -32.6% | 0.46% | −0.30 |
| FISV Fiserv Inc. | Reduce -11.3% | 0.44% | −0.29 |
| JNJ Johnson & Johnson | Reduce -21.6% | 0.49% | −0.29 |
| COST Costco Wholesale Corp. | Reduce -11.5% | 1.19% | −0.28 |
| PEP Pepsico Inc. | Reduce -55.0% | 0.15% | −0.27 |
| GOOGL Alphabet Inc. Class A | Reduce -6.2% | 3.08% | −0.27 |
| PAYX Paychex Inc. | Reduce -19.5% | 0.47% | −0.26 |
| FTNT Fortinet Inc. | Reduce -65.9% | 0.11% | −0.23 |
| ADP Automatic Data Processing | Reduce -24.4% | 0.45% | −0.22 |
| HD Home Depot Inc. | Reduce -33.6% | 0.29% | −0.21 |
| NVR NVR Inc. | Reduce -77.6% | 0.05% | −0.20 |
| UNP Union Pacific Corp. | Reduce -30.8% | 0.29% | −0.20 |
| TRV The Travelers Cos Inc. | Reduce -43.4% | 0.17% | −0.19 |
| DECK Deckers Outdoor Corp. | Reduce -52.6% | 0.12% | −0.19 |
| MSI Motorola Solutions Inc. | Reduce -84.3% | 0.03% | −0.19 |
| CMCSA Comcast Corp. Class A | Reduce -49.1% | 0.14% | −0.18 |
| CME Cme Group Inc. | Reduce -78.7% | 0.04% | −0.18 |
| CAH Cardinal Health Inc. | Reduce -64.6% | 0.11% | −0.18 |
| UTHR United Therapeutics Corp. | Reduce -51.6% | 0.11% | −0.18 |
| ISRG Intuitive Surgical Inc. | Reduce -43.6% | 0.20% | −0.17 |
| CMI Cummins Inc. | Reduce -80.2% | 0.04% | −0.17 |
| EQIX Equinix Inc. | Reduce -42.0% | 0.16% | −0.16 |
| SYK Stryker Corp. | Reduce -68.4% | 0.07% | −0.16 |
| RSG Republic Services Inc. | Reduce -70.5% | 0.06% | −0.16 |
| ABT Abbott Laboratories | Reduce -24.5% | 0.28% | −0.15 |
| LOW Lowe's Cos Inc. | Reduce -16.2% | 0.27% | −0.15 |
| AMZN Amazon.com Inc. | Reduce -3.0% | 2.96% | −0.15 |
| TROW T Rowe Price Group Inc. | Reduce -92.7% | 0.01% | −0.15 |
| TJX TJX Companies Inc. | Reduce -7.2% | 0.69% | −0.15 |
| FICO Fair Isaac Corp. | Reduce -42.1% | 0.14% | −0.14 |
| ITW Illinois Tool Works | Reduce -33.1% | 0.18% | −0.13 |
| MSFT Microsoft Corp. | Reduce -14.1% | 5.78% | −0.13 |
| GIS General Mills Inc. | Reduce -82.3% | 0.02% | −0.12 |
| BKNG Booking Holdings Inc. | Reduce -20.0% | 0.88% | −0.12 |
| APA Apa Corp. | Reduce -61.4% | 0.05% | −0.12 |
| FIS Fidelity National Info Serv | Reduce -27.3% | 0.20% | −0.12 |
| KMB Kimberly-Clark Corp. | Reduce -71.5% | 0.03% | −0.12 |
| FOXA Fox Corp. Class A | Reduce -57.3% | 0.07% | −0.12 |
| CLX Clorox Company | Reduce -26.1% | 0.13% | −0.11 |
| KMI Kinder Morgan Inc. | Reduce -80.1% | 0.02% | −0.11 |
| LPLA LPL Financial Holdings Inc. | Reduce -48.0% | 0.12% | −0.11 |
| EOG EOG Resources Inc. | Reduce -54.5% | 0.06% | −0.11 |
| NTR Nutrien Ltd. | Sold out | 0.00% | −0.11 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +3.7% | 7.92% | +1.86 |
| AVGO Broadcom Inc. | Add +16.1% | 2.42% | +0.95 |
| NEM Newmont Corp. | Add +2371.7% | 0.76% | +0.73 |
| META Meta Platforms Inc. Class A | Add +7.6% | 3.84% | +0.62 |
| MRK Merck & Co. Inc. | Add +372.1% | 0.77% | +0.56 |
| MELI MercadoLibre Inc. | Add +87.2% | 0.96% | +0.52 |
| TSLA Tesla Inc. | Add +104.6% | 0.84% | +0.46 |
| AMAT Applied Materials Inc. | Add +64.2% | 0.88% | +0.37 |
| WMT Walmart Inc. | Add +68.8% | 0.86% | +0.34 |
| JPM JPMorgan Chase & Co. | Add +16.1% | 2.11% | +0.33 |
| ADSK Autodesk Inc. | Add +671.6% | 0.34% | +0.29 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +102.8% | 0.77% | +0.29 |
| PLTR Palantir Technologies Inc. Class A | Add +228.5% | 0.35% | +0.28 |
| EME Emcor Group Inc. | Add +37.4% | 0.64% | +0.27 |
| AMD Advanced Micro Devices | Add +216.1% | 0.36% | +0.26 |
| CRM Salesforce Inc. | Add +132.7% | 0.50% | +0.26 |
| NTES Netease Inc.-ADR | Add +103.0% | 0.44% | +0.25 |
| XOM Exxon Mobil Corp. | Add +176.5% | 0.46% | +0.25 |
| ANET Arista Networks Inc. | Add +75.7% | 0.48% | +0.24 |
| KKR KKR & Co. Inc. | Add +623.5% | 0.27% | +0.23 |
| DIS The Walt Disney Co. | Add +215.2% | 0.31% | +0.22 |
| ZTS Zoetis Inc. | Add +91.0% | 0.56% | +0.21 |
| MSTR Strategy Inc. | Add +436.6% | 0.22% | +0.19 |
| EXPE Expedia Group Inc. | Add +163.9% | 0.33% | +0.19 |
| MU Micron Technology Inc. | Add +261.4% | 0.24% | +0.18 |
| VST Vistra Corp. | Add +259.3% | 0.22% | +0.18 |
| CALM Cal-Maine Foods Inc. | Add +165.6% | 0.29% | +0.17 |
| MCK McKesson Corp. | Add +492.0% | 0.21% | +0.17 |
| URBN Urban Outfitters Inc. | New | 0.17% | +0.17 |
| XYZ Block Inc. | Add +1038.1% | 0.18% | +0.17 |
| APO Apollo Global Management Inc. | Add +528.6% | 0.20% | +0.16 |
| HOOD Robinhood Markets Inc. Class A | Add +496.1% | 0.18% | +0.16 |
| STRL Sterling Infrastructure Inc. | Add +162.7% | 0.19% | +0.15 |
| VICI Vici Properties Inc. | Add +136.2% | 0.29% | +0.15 |
| C Citigroup Inc. | Add +205.4% | 0.21% | +0.15 |
| INTU Intuit Inc. | Add +27.1% | 0.48% | +0.14 |
| RCL Royal Caribbean Cruises Ltd. | Add +329.7% | 0.17% | +0.14 |
| AMGN Amgen Inc. | Add +230.8% | 0.23% | +0.14 |
| WBD Warner Bros Discovery Inc. | Add +824.1% | 0.16% | +0.14 |
| UBER Uber Technologies Inc. | Add +18.1% | 0.51% | +0.12 |
| AXON Axon Enterprise Inc. | Add +76.9% | 0.21% | +0.12 |
| ADBE Adobe Inc. | Add +34.4% | 0.71% | +0.11 |
| LLY Eli Lilly & Co. | Add +35.4% | 1.14% | +0.11 |
| IDXX Idexx Laboratories Inc. | Add +281.3% | 0.14% | +0.11 |
| CVS CVS Health Corp. | Add +66.9% | 0.36% | +0.11 |
| CCL Carnival Corp. | Add +666.8% | 0.12% | +0.11 |
| WDAY Workday Inc. Class A | Add +482.9% | 0.13% | +0.10 |
| WELL Welltower Inc. | Add +121.7% | 0.21% | +0.10 |
| ROK Rockwell Automation Inc. | Add +745.7% | 0.11% | +0.10 |
| HCA HCA Healthcare Inc. | Add +25.7% | 0.56% | +0.10 |
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 |