BLS Capital Fondsmaeglerselskab A/S
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), BLS Capital Fondsmaeglerselskab A/S reported 11 stock positions worth $3.1 billion. Its top holding was Yum China (YUMC) at 20.6% of the portfolio, followed by Automatic Data Processing (ADP, 11.7%) and Otis Worldwide (OTIS, 11.7%). Compared with Q1 2025, it opened 1 new position, added to 4 and reduced 6. The biggest buy was a new position in Expeditors Intl Wash (EXPD) and the biggest sale AutoZone (AZO, shares −20%).
- Most Recent 13F
- Q2 2026
- Location
- KLAMPENBORG, G7
- CIK
- 0001670104
- Portfolio Value
- $3.1B (Q2 2025)
- SEC Filing
- 0001172661-25-003089 ↗ filed Aug 13, 2025
Holdings Value
Holdings 11 stocks · $3.1B
| YUMC Yum China Holdings Inc. | 20.58% | 14,283,156 | $638.6M | Add +10.4% |
| ADP Automatic Data Processing | 11.71% | 1,177,845 | $363.2M | Reduce -2.1% |
| OTIS Otis Worldwide Corp. | 11.69% | 3,663,016 | $362.7M | Reduce -6.5% |
| HLT Hilton Worldwide Holdings Inc. | 10.06% | 1,172,070 | $312.2M | Add +26.4% |
| MA Mastercard Inc. Class A | 8.65% | 477,445 | $268.3M | Reduce -2.0% |
| AZO AutoZone Inc. | 8.33% | 69,646 | $258.5M | Reduce -20.2% |
| ZTS Zoetis Inc. | 6.74% | 1,340,039 | $209.0M | Add +30.0% |
| MCO Moody's Corp. | 6.10% | 377,636 | $189.4M | Add +23.5% |
| SPGI S&P Global Inc. | 5.95% | 349,956 | $184.5M | Reduce -2.3% |
| EXPD Expeditors Intl Wash Inc. | 5.21% | 1,415,609 | $161.7M | New |
| V Visa Inc. Class A | 4.98% | 435,372 | $154.6M | Reduce -2.0% |
Portfolio Sells Q1 2025 → Q2 2025
Portfolio Buys Q1 2025 → Q2 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 |