Cardano Risk Management B.V.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 9, 2026), Cardano Risk Management B.V. reported 52 stock positions worth $13.0 billion. Its top holding was Nvidia (NVDA) at 11.9% of the portfolio, followed by Apple (AAPL, 9.7%) and Microsoft (MSFT, 7.0%). Compared with Q1 2026, it opened 10 new positions, sold out of 2, added to 13 and reduced 29. The biggest buy was a new position in Intel (INTC) and the biggest sale Nvidia (NVDA, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- ROTTERDAM, P7
- CIK
- 0001619124
- Portfolio Value
- $13.0B (Q2 2026)
- SEC Filing
- 0001619124-26-000006 ↗ filed Jul 9, 2026
Holdings Value
Holdings 52 stocks · $13.0B
| NVDA Nvidia Corp. | 11.89% | 7,715,089 | $1.5B | Reduce -4.5% |
| AAPL Apple Inc. | 9.68% | 4,345,511 | $1.3B | Reduce -1.0% |
| MSFT Microsoft Corp. | 6.98% | 2,430,917 | $906.8M | Add +0.3% |
| AMZN Amazon.com Inc. | 5.34% | 2,909,831 | $693.5M | Add +0.1% |
| GOOG Alphabet Inc. Class C | 5.11% | 1,876,532 | $663.0M | Add +1.4% |
| GOOGL Alphabet Inc. Class A | 3.96% | 1,440,207 | $514.7M | Reduce -6.6% |
| AVGO Broadcom Inc. | 3.81% | 1,310,174 | $494.9M | Reduce -0.7% |
| MU Micron Technology Inc. | 2.97% | 334,063 | $385.6M | Reduce -0.8% |
| TSLA Tesla Inc. | 2.79% | 861,418 | $362.3M | Add +0.2% |
| LLY Eli Lilly & Co. | 2.30% | 249,204 | $298.9M | Reduce -0.7% |
| AMD Advanced Micro Devices | 2.26% | 506,119 | $294.0M | Add +5.5% |
| JPM JPMorgan Chase & Co. | 2.22% | 882,774 | $289.0M | Reduce -0.6% |
| V Visa Inc. Class A | 2.13% | 804,973 | $276.2M | Add +0.7% |
| AMAT Applied Materials Inc. | 2.02% | 362,421 | $262.0M | Reduce -5.2% |
| WELL Welltower Inc. | 1.87% | 1,069,814 | $242.8M | Add +7.3% |
| LRCX Lam Research Corp. | 1.79% | 535,748 | $232.2M | Reduce -17.8% |
| MA Mastercard Inc. Class A | 1.52% | 385,332 | $197.9M | Reduce -4.3% |
| INTC Intel Corp. | 1.44% | 1,341,703 | $187.3M | New |
| SLB SLB Ltd. filed as SLB LIMITED | 1.43% | 3,989,536 | $185.5M | New |
| KLAC KLA Corp. | 1.36% | 583,842 | $176.2M | Reduce -17.4% |
| COST Costco Wholesale Corp. | 1.35% | 186,969 | $174.9M | Reduce -0.1% |
| BKR Baker Hughes Co. | 1.34% | 3,141,884 | $174.4M | Reduce -16.3% |
| PLD Prologis Inc. | 1.23% | 1,174,787 | $159.1M | Reduce -0.6% |
| CSCO Cisco Systems Inc. | 1.19% | 1,311,581 | $154.1M | New |
| BAC Bank of America Corp. | 1.15% | 2,627,191 | $149.7M | Reduce -1.0% |
| ABBV Abbvie Inc. | 1.10% | 569,015 | $143.2M | Add +6.0% |
| MRK Merck & Co. Inc. | 0.96% | 970,317 | $124.7M | Reduce -1.0% |
| KO The Coca-Cola Co. | 0.94% | 1,505,504 | $122.4M | Reduce -2.0% |
| WDC Western Digital Corp. | 0.92% | 187,935 | $120.0M | New |
| PANW Palo Alto Networks Inc. | 0.92% | 351,256 | $119.8M | New |
| PG The Procter & Gamble Co. | 0.88% | 779,511 | $114.3M | Reduce -17.9% |
| GS Goldman Sachs Group Inc. | 0.87% | 111,237 | $112.5M | Reduce -4.1% |
| HD Home Depot Inc. | 0.86% | 316,784 | $111.7M | Reduce -8.3% |
| CW Curtiss-Wright Corp. | 0.83% | 142,936 | $108.3M | New |
| UNH Unitedhealth Group Inc. | 0.82% | 256,026 | $106.4M | Reduce -1.2% |
| MS Morgan Stanley | 0.82% | 508,175 | $106.2M | Reduce -8.3% |
| LINDE PLC | 0.81% | 203,325 | $105.5M | Reduce -0.4% |
| GEV GE Vernova Inc. | 0.81% | 89,517 | $105.2M | New |
| NFLX Netflix Inc. | 0.81% | 1,465,830 | $104.7M | Reduce -1.1% |
| SPG Simon Property Group Inc. | 0.80% | 466,269 | $104.3M | New |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.79% | 676,762 | $102.5M | Add +0.8% |
| APH Amphenol Corp. Class A | 0.79% | 580,870 | $102.4M | New |
| TXN Texas Instruments Inc. | 0.78% | 337,713 | $100.7M | New |
| VZ Verizon Communications Inc. | 0.77% | 2,372,766 | $100.5M | Add +3.5% |
| AMGN Amgen Inc. | 0.73% | 260,359 | $94.3M | Reduce -5.2% |
| BKNG Booking Holdings Inc. | 0.66% | 478,757 | $85.3M | Reduce -7.4% |
| ADP Automatic Data Processing | 0.64% | 370,801 | $83.0M | Add +4.8% |
| PLTR Palantir Technologies Inc. Class A | 0.62% | 686,694 | $80.1M | Reduce -1.6% |
| ORCL Oracle Corp. | 0.58% | 512,981 | $75.2M | Reduce -0.6% |
| CRM Salesforce Inc. | 0.52% | 432,871 | $67.8M | Add +9.3% |
| SPGI S&P Global Inc. | 0.48% | 154,024 | $62.7M | Reduce -7.6% |
| NOW ServiceNow Inc. | 0.37% | 484,785 | $48.1M | Add +6.9% |
Portfolio Sells Q1 2026 → Q2 2026
| NVDA Nvidia Corp. | Reduce -4.5% | 11.89% | −1.88 |
| AAPL Apple Inc. | Reduce -1.0% | 9.68% | −1.21 |
| CISCO SYSTEMS | Sold out | 0.00% | −1.05 |
| BKR Baker Hughes Co. | Reduce -16.3% | 1.34% | −0.90 |
| NFLX Netflix Inc. | Reduce -1.1% | 0.81% | −0.59 |
| COST Costco Wholesale Corp. | Reduce -0.1% | 1.35% | −0.48 |
| PG The Procter & Gamble Co. | Reduce -17.9% | 0.88% | −0.46 |
| MA Mastercard Inc. Class A | Reduce -4.3% | 1.52% | −0.44 |
| PLTR Palantir Technologies Inc. Class A | Reduce -1.6% | 0.62% | −0.38 |
| GOOGL Alphabet Inc. Class A | Reduce -6.6% | 3.96% | −0.37 |
| JPM JPMorgan Chase & Co. | Reduce -0.6% | 2.22% | −0.33 |
| PLD Prologis Inc. | Reduce -0.6% | 1.23% | −0.30 |
| HD Home Depot Inc. | Reduce -8.3% | 0.86% | −0.25 |
| AMGN Amgen Inc. | Reduce -5.2% | 0.73% | −0.22 |
| SPGI S&P Global Inc. | Reduce -7.6% | 0.48% | −0.21 |
| KO The Coca-Cola Co. | Reduce -2.0% | 0.94% | −0.20 |
| BKNG Booking Holdings Inc. | Reduce -7.4% | 0.66% | −0.19 |
| MRK Merck & Co. Inc. | Reduce -1.0% | 0.96% | −0.19 |
| AVGO Broadcom Inc. | Reduce -0.7% | 3.81% | −0.18 |
| LINDE PLC | Reduce -0.4% | 0.81% | −0.18 |
| ORCL Oracle Corp. | Reduce -0.6% | 0.58% | −0.16 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.12 |
| BAC Bank of America Corp. | Reduce -1.0% | 1.15% | −0.11 |
| GS Goldman Sachs Group Inc. | Reduce -4.1% | 0.87% | −0.09 |
| MS Morgan Stanley | Reduce -8.3% | 0.82% | −0.07 |
| LLY Eli Lilly & Co. | Reduce -0.7% | 2.30% | +0.05 |
| UNH Unitedhealth Group Inc. | Reduce -1.2% | 0.82% | +0.13 |
| KLAC KLA Corp. | Reduce -17.4% | 1.36% | +0.34 |
| LRCX Lam Research Corp. | Reduce -17.8% | 1.79% | +0.43 |
| AMAT Applied Materials Inc. | Reduce -5.2% | 2.02% | +0.74 |
| MU Micron Technology Inc. | Reduce -0.8% | 2.97% | +1.86 |
Portfolio Buys Q1 2026 → Q2 2026
| INTC Intel Corp. | New | 1.44% | +1.44 |
| SLB SLB Ltd. | New | 1.43% | +1.43 |
| AMD Advanced Micro Devices | Add +5.5% | 2.26% | +1.31 |
| CSCO Cisco Systems Inc. | New | 1.19% | +1.19 |
| WDC Western Digital Corp. | New | 0.92% | +0.92 |
| PANW Palo Alto Networks Inc. | New | 0.92% | +0.92 |
| CW Curtiss-Wright Corp. | New | 0.83% | +0.83 |
| GEV GE Vernova Inc. | New | 0.81% | +0.81 |
| SPG Simon Property Group Inc. | New | 0.80% | +0.80 |
| APH Amphenol Corp. Class A | New | 0.79% | +0.79 |
| TXN Texas Instruments Inc. | New | 0.78% | +0.78 |
| WELL Welltower Inc. | Add +7.3% | 1.87% | −0.06 |
| ADP Automatic Data Processing | Add +4.8% | 0.64% | −0.06 |
| GOOG Alphabet Inc. Class C | Add +1.4% | 5.11% | −0.09 |
| NOW ServiceNow Inc. | Add +6.9% | 0.37% | −0.09 |
| ABBV Abbvie Inc. | Add +6.0% | 1.10% | −0.11 |
| CRM Salesforce Inc. | Add +9.3% | 0.52% | −0.20 |
| V Visa Inc. Class A | Add +0.7% | 2.13% | −0.24 |
| TJX TJX Companies Inc. | Add +0.8% | 0.79% | −0.26 |
| TSLA Tesla Inc. | Add +0.2% | 2.79% | −0.34 |
| VZ Verizon Communications Inc. | Add +3.5% | 0.77% | −0.35 |
| AMZN Amazon.com Inc. | Add +0.1% | 5.34% | −0.58 |
| MSFT Microsoft Corp. | Add +0.3% | 6.98% | −1.79 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 52 | $13.0B | NVDA, AAPL, MSFT, AMZN, GOOG |
| Q1 2026 | 44 | $10.2B | NVDA, AAPL, MSFT, AMZN, GOOG |
| Q4 2025Amended | 35 | $9.9B | NVDA, AAPL, MSFT, AMZN, GOOG |
| Q3 2025 | 32 | $9.4B | NVDA, MSFT, AAPL, AMZN, GOOG |
| Q2 2025 | 27 | $7.8B | NVDA, MSFT, AAPL, AMZN, AVGO |
| Q1 2025 | 25 | $6.3B | AAPL, MSFT, NVDA, AMZN, V |
| Q4 2024 | 23 | $6.5B | AAPL, NVDA, MSFT, AMZN, TSLA |
| Q3 2024 | 19 | $5.7B | MSFT, AAPL, NVDA, AMZN, GOOG |
| Q2 2024 | 17 | $5.1B | MSFT, NVDA, AAPL, AMZN, GOOGL |
| Q1 2024 | 13 | $3.2B | MSFT, AAPL, NVDA, AMZN, GOOGL |