Cardano Risk Management B.V.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 13, 2025), Cardano Risk Management B.V. reported 23 stock positions worth $6.5 billion. Its top holding was Apple (AAPL) at 14.7% of the portfolio, followed by Nvidia (NVDA, 14.5%) and Microsoft (MSFT, 13.9%). Compared with Q3 2024, it opened 4 new positions, added to 9 and reduced 10. The biggest buy was a new position in Salesforce (CRM) and the biggest sale Microsoft (MSFT, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- ROTTERDAM, P7
- CIK
- 0001619124
- Portfolio Value
- $6.5B (Q4 2024)
- SEC Filing
- 0001619124-25-000001 ↗ filed Jan 13, 2025
Holdings Value
Holdings 23 stocks · $6.5B
| AAPL Apple Inc. | 14.75% | 3,839,577 | $961.5M | Add +3.1% |
| NVDA Nvidia Corp. | 14.53% | 7,054,299 | $947.3M | Reduce -0.7% |
| MSFT Microsoft Corp. | 13.91% | 2,150,988 | $906.6M | Reduce -0.5% |
| AMZN Amazon.com Inc. | 8.09% | 2,404,209 | $527.5M | Reduce -1.4% |
| TSLA Tesla Inc. | 4.43% | 715,197 | $288.8M | Reduce -2.1% |
| GOOG Alphabet Inc. Class C | 4.40% | 1,506,471 | $286.9M | Reduce -1.4% |
| GOOGL Alphabet Inc. Class A | 4.21% | 1,450,380 | $274.6M | Reduce -4.0% |
| AVGO Broadcom Inc. | 4.05% | 1,137,908 | $263.8M | Reduce -1.0% |
| V Visa Inc. Class A | 3.61% | 745,016 | $235.5M | Add +0.0% |
| MA Mastercard Inc. Class A | 2.98% | 368,690 | $194.1M | Add +2.7% |
| JPM JPMorgan Chase & Co. | 2.91% | 791,764 | $189.8M | Reduce -0.4% |
| BKR Baker Hughes Co. | 2.68% | 4,257,295 | $174.6M | Reduce -7.0% |
| LLY Eli Lilly & Co. | 2.59% | 218,515 | $168.7M | Add +1.0% |
| COST Costco Wholesale Corp. | 1.96% | 139,415 | $127.7M | Add +0.4% |
| UNH Unitedhealth Group Inc. | 1.93% | 248,198 | $125.6M | Add +0.0% |
| PG The Procter & Gamble Co. | 1.92% | 747,768 | $125.4M | Reduce -2.3% |
| HD Home Depot Inc. | 1.85% | 309,760 | $120.5M | Add +1.0% |
| CRM Salesforce Inc. | 1.72% | 334,579 | $111.9M | New |
| NFLX Netflix Inc. | 1.63% | 119,387 | $106.4M | New |
| NOW ServiceNow Inc. | 1.61% | 99,130 | $105.1M | New |
| FISV Fiserv Inc. | 1.49% | 473,442 | $97.3M | New |
| PLD Prologis Inc. | 1.45% | 893,009 | $94.4M | Add +2.9% |
| MRK Merck & Co. Inc. | 1.30% | 853,754 | $84.9M | Add +4.7% |
Portfolio Sells Q3 2024 → Q4 2024
| MSFT Microsoft Corp. | Reduce -0.5% | 13.91% | −2.54 |
| NVDA Nvidia Corp. | Reduce -0.7% | 14.53% | −0.73 |
| PG The Procter & Gamble Co. | Reduce -2.3% | 1.92% | −0.42 |
| BKR Baker Hughes Co. | Reduce -7.0% | 2.68% | −0.25 |
| GOOGL Alphabet Inc. Class A | Reduce -4.0% | 4.21% | −0.22 |
| GOOG Alphabet Inc. Class C | Reduce -1.4% | 4.40% | −0.12 |
| JPM JPMorgan Chase & Co. | Reduce -0.4% | 2.91% | −0.05 |
| AMZN Amazon.com Inc. | Reduce -1.4% | 8.09% | +0.05 |
| AVGO Broadcom Inc. | Reduce -1.0% | 4.05% | +0.54 |
| TSLA Tesla Inc. | Reduce -2.1% | 4.43% | +1.05 |
Portfolio Buys Q3 2024 → Q4 2024
| CRM Salesforce Inc. | New | 1.72% | +1.72 |
| NFLX Netflix Inc. | New | 1.63% | +1.63 |
| NOW ServiceNow Inc. | New | 1.61% | +1.61 |
| FISV Fiserv Inc. | New | 1.49% | +1.49 |
| V Visa Inc. Class A | Add +0.0% | 3.61% | −0.01 |
| MA Mastercard Inc. Class A | Add +2.7% | 2.98% | −0.16 |
| COST Costco Wholesale Corp. | Add +0.4% | 1.96% | −0.22 |
| MRK Merck & Co. Inc. | Add +4.7% | 1.30% | −0.33 |
| HD Home Depot Inc. | Add +1.0% | 1.85% | −0.35 |
| PLD Prologis Inc. | Add +2.9% | 1.45% | −0.49 |
| UNH Unitedhealth Group Inc. | Add +0.0% | 1.93% | −0.64 |
| AAPL Apple Inc. | Add +3.1% | 14.75% | −0.75 |
| LLY Eli Lilly & Co. | Add +1.0% | 2.59% | −0.80 |
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 |