Cardano Risk Management B.V.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed July 24, 2025), Cardano Risk Management B.V. reported 25 stock positions worth $6.3 billion. Its top holding was Apple (AAPL) at 14.0% of the portfolio, followed by Microsoft (MSFT, 13.2%) and Nvidia (NVDA, 12.6%). Compared with Q4 2024, it opened 2 new positions, added to 20 and reduced 3. The biggest buy was a new position in Abbvie (ABBV) and the biggest sale ServiceNow (NOW, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- ROTTERDAM, P7
- CIK
- 0001619124
- Portfolio Value
- $6.3B (Q1 2025)
- SEC Filing
- 0001619124-25-000009 ↗ filed Jul 24, 2025
Holdings Value
Holdings 25 stocks · $6.3B
| AAPL Apple Inc. | 14.03% | 3,972,122 | $882.3M | Add +3.5% |
| MSFT Microsoft Corp. | 13.19% | 2,210,556 | $829.8M | Add +2.8% |
| NVDA Nvidia Corp. | 12.58% | 7,299,222 | $791.1M | Add +3.5% |
| AMZN Amazon.com Inc. | 7.65% | 2,528,955 | $481.2M | Add +5.2% |
| V Visa Inc. Class A | 4.68% | 840,808 | $294.7M | Add +12.9% |
| GOOG Alphabet Inc. Class C | 4.59% | 1,848,544 | $288.8M | Add +22.7% |
| GOOGL Alphabet Inc. Class A | 3.72% | 1,511,275 | $233.7M | Add +4.2% |
| MA Mastercard Inc. Class A | 3.68% | 422,860 | $231.8M | Add +14.7% |
| JPM JPMorgan Chase & Co. | 3.17% | 812,863 | $199.4M | Add +2.7% |
| TSLA Tesla Inc. | 3.15% | 763,974 | $198.0M | Add +6.8% |
| AVGO Broadcom Inc. | 3.14% | 1,179,119 | $197.4M | Add +3.6% |
| LLY Eli Lilly & Co. | 2.95% | 224,754 | $185.6M | Add +2.9% |
| BKR Baker Hughes Co. | 2.87% | 4,111,475 | $180.7M | Reduce -3.4% |
| COST Costco Wholesale Corp. | 2.36% | 156,711 | $148.2M | Add +12.4% |
| UNH Unitedhealth Group Inc. | 2.14% | 257,198 | $134.7M | Add +3.6% |
| PG The Procter & Gamble Co. | 2.03% | 748,404 | $127.5M | Add +0.1% |
| NFLX Netflix Inc. | 1.91% | 129,092 | $120.4M | Add +8.1% |
| HD Home Depot Inc. | 1.82% | 311,547 | $114.2M | Add +0.6% |
| ABBV Abbvie Inc. | 1.65% | 493,837 | $103.5M | New |
| PLD Prologis Inc. | 1.61% | 906,436 | $101.3M | Add +1.5% |
| WELL Welltower Inc. | 1.60% | 658,763 | $100.9M | New |
| FISV Fiserv Inc. | 1.58% | 450,210 | $99.4M | Reduce -4.9% |
| CRM Salesforce Inc. | 1.45% | 339,785 | $91.2M | Add +1.6% |
| MRK Merck & Co. Inc. | 1.24% | 870,241 | $78.1M | Add +1.9% |
| NOW ServiceNow Inc. | 1.21% | 95,392 | $75.9M | Reduce -3.8% |
Portfolio Sells Q4 2024 → Q1 2025
Portfolio Buys Q4 2024 → Q1 2025
| ABBV Abbvie Inc. | New | 1.65% | +1.65 |
| WELL Welltower Inc. | New | 1.60% | +1.60 |
| V Visa Inc. Class A | Add +12.9% | 4.68% | +1.07 |
| MA Mastercard Inc. Class A | Add +14.7% | 3.68% | +0.71 |
| COST Costco Wholesale Corp. | Add +12.4% | 2.36% | +0.40 |
| LLY Eli Lilly & Co. | Add +2.9% | 2.95% | +0.36 |
| NFLX Netflix Inc. | Add +8.1% | 1.91% | +0.28 |
| JPM JPMorgan Chase & Co. | Add +2.7% | 3.17% | +0.26 |
| UNH Unitedhealth Group Inc. | Add +3.6% | 2.14% | +0.22 |
| GOOG Alphabet Inc. Class C | Add +22.7% | 4.59% | +0.19 |
| PLD Prologis Inc. | Add +1.5% | 1.61% | +0.16 |
| PG The Procter & Gamble Co. | Add +0.1% | 2.03% | +0.10 |
| HD Home Depot Inc. | Add +0.6% | 1.82% | −0.03 |
| MRK Merck & Co. Inc. | Add +1.9% | 1.24% | −0.06 |
| CRM Salesforce Inc. | Add +1.6% | 1.45% | −0.27 |
| AMZN Amazon.com Inc. | Add +5.2% | 7.65% | −0.44 |
| GOOGL Alphabet Inc. Class A | Add +4.2% | 3.72% | −0.50 |
| MSFT Microsoft Corp. | Add +2.8% | 13.19% | −0.72 |
| AAPL Apple Inc. | Add +3.5% | 14.03% | −0.72 |
| AVGO Broadcom Inc. | Add +3.6% | 3.14% | −0.91 |
| TSLA Tesla Inc. | Add +6.8% | 3.15% | −1.28 |
| NVDA Nvidia Corp. | Add +3.5% | 12.58% | −1.95 |
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 |