BLS Capital Fondsmaeglerselskab A/S
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), BLS Capital Fondsmaeglerselskab A/S reported 10 stock positions worth $2.9 billion. Its top holding was Yum China (YUMC) at 23.2% of the portfolio, followed by Otis Worldwide (OTIS, 13.9%) and Automatic Data Processing (ADP, 12.7%). Compared with Q4 2024, it opened 1 new position, sold out of 2, added to 1 and reduced 8. The biggest buy was a new position in Zoetis (ZTS) and the biggest sale an exit from Nike Class B (NKE).
- Most Recent 13F
- Q2 2026
- Location
- KLAMPENBORG, G7
- CIK
- 0001670104
- Portfolio Value
- $2.9B (Q1 2025)
- SEC Filing
- 0001172661-25-001846 ↗ filed May 14, 2025
Holdings Value
Holdings 10 stocks · $2.9B
| YUMC Yum China Holdings Inc. | 23.17% | 12,931,803 | $673.2M | Reduce -1.1% |
| OTIS Otis Worldwide Corp. | 13.92% | 3,918,680 | $404.4M | Reduce -6.7% |
| ADP Automatic Data Processing | 12.65% | 1,203,195 | $367.6M | Reduce -20.3% |
| AZO AutoZone Inc. | 11.46% | 87,309 | $332.9M | Reduce -2.0% |
| MA Mastercard Inc. Class A | 9.19% | 486,995 | $266.9M | Reduce -3.7% |
| HLT Hilton Worldwide Holdings Inc. | 7.26% | 926,870 | $210.9M | Add +34.6% |
| SPGI S&P Global Inc. | 6.26% | 358,056 | $181.9M | Reduce -19.0% |
| ZTS Zoetis Inc. | 5.84% | 1,030,989 | $169.8M | New |
| V Visa Inc. Class A | 5.36% | 444,372 | $155.7M | Reduce -41.6% |
| MCO Moody's Corp. | 4.90% | 305,832 | $142.4M | Reduce -24.2% |
Portfolio Sells Q4 2024 → Q1 2025
| NKE Nike Inc. Class B | Sold out | 0.00% | −7.98 |
| VRSN Verisign Inc. | Sold out | 0.00% | −5.16 |
| V Visa Inc. Class A | Reduce -41.6% | 5.36% | −2.02 |
| MCO Moody's Corp. | Reduce -24.2% | 4.90% | −0.95 |
| ADP Automatic Data Processing | Reduce -20.3% | 12.65% | −0.89 |
| SPGI S&P Global Inc. | Reduce -19.0% | 6.26% | −0.49 |
| MA Mastercard Inc. Class A | Reduce -3.7% | 9.19% | +1.02 |
| OTIS Otis Worldwide Corp. | Reduce -6.7% | 13.92% | +2.00 |
| AZO AutoZone Inc. | Reduce -2.0% | 11.46% | +2.71 |
| YUMC Yum China Holdings Inc. | Reduce -1.1% | 23.17% | +3.86 |
Portfolio Buys Q4 2024 → Q1 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 11 | $2.6B | YUMC, SPGI, OTIS, AZO, ADP |
| Q1 2026 | 11 | $2.9B | YUMC, SPGI, OTIS, AZO, ADP |
| Q4 2025 | 12 | $3.0B | YUMC, OTIS, HLT, ADP, AZO |
| Q3 2025 | 11 | $2.9B | YUMC, OTIS, ADP, HLT, MA |
| Q2 2025 | 11 | $3.1B | YUMC, ADP, OTIS, HLT, MA |
| Q1 2025 | 10 | $2.9B | YUMC, OTIS, ADP, AZO, MA |
| Q4 2024 | 11 | $3.3B | YUMC, ADP, OTIS, AZO, MA |
| Q3 2024 | 12 | $3.5B | YUMC, ADP, OTIS, NKE, AZO |
| Q2 2024 | 13 | $3.3B | ADP, OTIS, YUMC, AZO, NKE |
| Q1 2024 | 12 | $3.9B | ADP, OTIS, NKE, YUMC, AZO |