Danica Pension, Livsforsikringsaktieselskab

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed March 18, 2026), Danica Pension, Livsforsikringsaktieselskab reported 88 stock positions worth $4.9 billion. Its top holding was Microsoft (MSFT) at 7.5% of the portfolio, followed by Nvidia (NVDA, 6.3%) and Amazon.com (AMZN, 5.3%). Compared with Q1 2024, it opened 2 new positions, sold out of 7, added to 48 and reduced 21. The biggest buy was Nvidia (NVDA, shares +16%) and the biggest sale Pepsico (PEP, shares −62%).

Most Recent 13F
Q2 2026
Location
COPENHAGEN V, G7
CIK
0002096095
Portfolio Value
$4.9B (Q2 2024)
SEC Filing
0001104659-26-029856 ↗ filed Mar 18, 2026

Holdings Value

0$2.0B$4.0B$6.0B$8.0B Q1 2024: $4.5B Q1 2024 Q2 2024: $4.9B $4.9B Q2 2024 Q3 2024: $5.2B Q3 2024 Q4 2024: $5.3B Q4 2024 Q1 2025: $5.1B Q1 2025 Q2 2025: $6.0B Q2 2025 Q3 2025: $6.5B Q3 2025 Q4 2025: $6.9B Q4 2025 Q1 2026: $5.3B Q1 2026 Q2 2026: $6.3B Q2 2026

Holdings 88 stocks · $4.9B
MSFT Microsoft Corp. 7.52% 821,234 $367.1M Add +5.9%
NVDA Nvidia Corp. 6.29% 2,486,318 $307.2M Add +16.3%
AMZN Amazon.com Inc. 5.32% 1,343,377 $259.6M Reduce -3.0%
GOOG Alphabet Inc. Class C 5.22% 1,388,309 $254.6M Reduce -9.7%
AAPL Apple Inc. 4.88% 1,130,912 $238.2M Add +12.8%
META Meta Platforms Inc. Class A 4.56% 441,676 $222.7M Add +7.3%
MA Mastercard Inc. Class A 3.62% 400,668 $176.8M Add +3.3%
ORCL Oracle Corp. 3.57% 1,233,802 $174.2M Reduce -13.9%
ELV Elevance Health Inc. 3.09% 278,494 $150.9M Reduce -4.5%
FISV Fiserv Inc. 2.98% 976,117 $145.5M Add +1.8%
NEE Nextera Energy Inc. 2.68% 1,849,767 $131.0M Reduce -26.6%
WDAY Workday Inc. Class A 2.60% 567,491 $126.9M Add +27.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 2.52% 3,090,532 $122.9M Reduce -9.2%
TRU Transunion 2.38% 1,568,605 $116.3M Add +20.8%
BSX Boston Scientific Corp. 2.37% 1,504,199 $115.8M Reduce -5.7%
KO The Coca-Cola Co. 2.02% 1,550,926 $98.7M Add +142.8%
MU Micron Technology Inc. 1.83% 678,068 $89.2M Add +277.0%
KEYS Keysight Technologies Inc. 1.77% 630,610 $86.2M Add +5.1%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 1.67% 765,606 $81.5M Add +132.0%
ETN Eaton Corp. PLC 1.66% 257,808 $80.8M Add +5.5%
OWL Blue Owl Capital Inc. 1.60% 4,394,597 $78.0M No change
TDY Teledyne Technologies Inc. 1.59% 199,962 $77.6M Add +14.7%
ZS Zscaler Inc. 1.54% 390,000 $75.0M New
CNC Centene Corp. 1.53% 1,127,560 $74.8M Add +66.4%
GE General Electric filed as GE AEROSPACE 1.34% 410,157 $65.2M Reduce -21.1%
PANW Palo Alto Networks Inc. 1.23% 176,680 $59.9M Reduce -16.6%
ALLY Ally Financial Inc. 1.18% 1,451,658 $57.6M Reduce -16.4%
TMO Thermo Fisher Scientific Inc. 1.17% 103,110 $57.0M Add +0.3%
PNC PNC Financial Services Group 1.13% 355,386 $55.3M Add +26.8%
PH Parker Hannifin Corp. 1.11% 107,327 $54.3M Reduce -40.4%
GOOGL Alphabet Inc. Class A 0.96% 257,147 $46.8M Reduce -14.7%
TSM Taiwan Semiconductor-SP ADR 0.91% 254,264 $44.2M Add +3052.7%
AMD Advanced Micro Devices 0.90% 271,514 $44.0M Reduce -41.7%
UNH Unitedhealth Group Inc. 0.89% 85,471 $43.5M Add +30.0%
PEP Pepsico Inc. 0.80% 236,119 $38.9M Reduce -61.6%
CL Colgate-Palmolive Co. 0.74% 373,402 $36.2M Add +70.2%
AVGO Broadcom Inc. 0.68% 20,820 $33.4M New
CRM Salesforce Inc. 0.66% 124,604 $32.0M Add +100.1%
C Citigroup Inc. 0.60% 461,928 $29.3M Add +7.1%
CAH Cardinal Health Inc. 0.50% 250,000 $24.6M No change
AXP American Express Co. 0.49% 103,539 $24.0M Reduce -8.8%
LOW Lowe's Cos Inc. 0.48% 107,109 $23.6M Add +10.1%
PKG Packaging Corp. of America 0.48% 128,667 $23.5M No change
NEM Newmont Corp. 0.48% 559,071 $23.4M No change
CI The Cigna Group 0.47% 70,000 $23.1M No change
TER Teradyne Inc. 0.47% 154,201 $22.9M No change
UNP Union Pacific Corp. 0.47% 100,353 $22.7M No change
GS Goldman Sachs Group Inc. 0.46% 49,449 $22.4M Reduce -9.2%
TSCO Tractor Supply Company 0.45% 81,211 $21.9M No change
KLAC KLA Corp. 0.40% 23,873 $19.7M Reduce -11.2%
AZO AutoZone Inc. 0.40% 6,634 $19.7M Reduce -9.2%
AFL Aflac Inc. 0.40% 217,857 $19.5M Reduce -8.4%
AIG American International Group 0.40% 261,214 $19.4M No change
MMM 3M Co. 0.35% 168,645 $17.2M No change
DGX Quest Diagnostics Inc. 0.35% 125,000 $17.1M No change
DAR Darling Ingredients Inc. 0.35% 458,774 $16.9M Add +7.6%
WMT Walmart Inc. 0.34% 245,566 $16.6M Reduce -1.1%
NSC Norfolk Southern Corp. 0.32% 73,762 $15.8M No change
GNTX Gentex Corp. 0.30% 440,431 $14.8M No change
TFC Truist Financial Corp. 0.29% 366,745 $14.2M Add +7.3%
LYB Lyondellbasell Indu Class A 0.26% 135,137 $12.9M Add +9.8%
SCI Service Corp. International 0.24% 166,356 $11.8M No change
INTC Intel Corp. 0.24% 374,738 $11.6M No change
NVST Envista Holdings Corp. 0.23% 685,000 $11.4M Add +24.6%
CSCO Cisco Systems Inc. 0.19% 200,000 $9.5M No change
INTU Intuit Inc. 0.09% 6,420 $4.2M Add +134.7%
SPGI S&P Global Inc. 0.08% 8,713 $3.9M Add +124.2%
COST Costco Wholesale Corp. 0.07% 4,212 $3.6M Add +293.6%
ARMK Aramark 0.07% 96,185 $3.3M Add +152.1%
PWR Quanta Services Inc. 0.07% 12,680 $3.2M Add +93.8%
AMAT Applied Materials Inc. 0.06% 13,255 $3.1M Add +102.5%
MRK Merck & Co. Inc. 0.06% 25,251 $3.1M Add +110.9%
XYL Xylem Inc. 0.06% 22,455 $3.0M Add +104.0%
PGR Progressive Corp. 0.05% 12,114 $2.5M Add +541.0%
ECL Ecolab Inc. 0.05% 10,293 $2.4M Add +131.2%
DUOL Duolingo 0.05% 11,675 $2.4M Add +171.7%
WELL Welltower Inc. 0.05% 22,842 $2.4M Add +99.4%
PLNT Planet Fitness Inc. Class A 0.04% 29,052 $2.1M Add +149.9%
URI United Rentals Inc. 0.04% 3,261 $2.1M Add +104.7%
APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC 0.04% 29,256 $2.1M Add +131.0%
ADBE Adobe Inc. 0.03% 2,861 $1.6M Add +213.4%
CME Cme Group Inc. 0.03% 7,932 $1.6M Add +157.1%
AVTR Avantor Inc. 0.03% 63,072 $1.3M No change
EXC Exelon Corp. 0.03% 35,572 $1.2M Add +71.5%
PLD Prologis Inc. 0.02% 9,293 $1.0M Add +85.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.02% 9,212 $915K Add +91.0%
SVV Savers Value Village Inc. 0.01% 58,128 $711K Add +142.2%
MSCI MSCI Inc. 0.01% 800 $385K Reduce -16.6%

Portfolio Sells Q1 2024 → Q2 2024
PEP Pepsico Inc. Reduce -61.6% 0.80% −1.59
PH Parker Hannifin Corp. Reduce -40.4% 1.11% −1.12
AMD Advanced Micro Devices Reduce -41.7% 0.90% −0.97
NEE Nextera Energy Inc. Reduce -26.6% 2.68% −0.90
GE General Electric Reduce -21.1% 1.34% −0.70
ORCL Oracle Corp. Reduce -13.9% 3.57% −0.43
ALLY Ally Financial Inc. Reduce -16.4% 1.18% −0.39
CVS CVS Health Corp. Sold out 0.00% −0.37
BAC Bank of America Corp. Reduce -9.2% 2.52% −0.35
ELV Elevance Health Inc. Reduce -4.5% 3.09% −0.27
GEHC GE Healthcare Technology Sold out 0.00% −0.26
AMZN Amazon.com Inc. Reduce -3.0% 5.32% −0.24
DELL Dell Technologies -C Sold out 0.00% −0.24
MCD McDonald's Corp. Sold out 0.00% −0.14
PANW Palo Alto Networks Inc. Reduce -16.6% 1.23% −0.11
AZO AutoZone Inc. Reduce -9.2% 0.40% −0.11
AXP American Express Co. Reduce -8.8% 0.49% −0.08
BSX Boston Scientific Corp. Reduce -5.7% 2.37% −0.06
AFL Aflac Inc. Reduce -8.4% 0.40% −0.06
GOOGL Alphabet Inc. Class A Reduce -14.7% 0.96% −0.05
GS Goldman Sachs Group Inc. Reduce -9.2% 0.46% −0.05
DE Deere & Co. Sold out 0.00% −0.03
KLAC KLA Corp. Reduce -11.2% 0.40% −0.01
DOC Healthpeak Properties Inc. Sold out 0.00% −0.01
HD Home Depot Inc. Sold out 0.00% −0.01
MSCI MSCI Inc. Reduce -16.6% 0.01% −0.00
WMT Walmart Inc. Reduce -1.1% 0.34% +0.01
GOOG Alphabet Inc. Class C Reduce -9.7% 5.22% +0.01

Portfolio Buys Q1 2024 → Q2 2024
NVDA Nvidia Corp. Add +16.3% 6.29% +1.99
ZS Zscaler Inc. New 1.54% +1.54
MU Micron Technology Inc. Add +277.0% 1.83% +1.36
KO The Coca-Cola Co. Add +142.8% 2.02% +1.15
AAPL Apple Inc. Add +12.8% 4.88% +1.05
TSM Taiwan Semiconductor-SP ADR Add +3052.7% 0.91% +0.88
AVGO Broadcom Inc. New 0.68% +0.68
EL Estee Lauder Companies Class A Add +132.0% 1.67% +0.54
CNC Centene Corp. Add +66.4% 1.53% +0.35
CL Colgate-Palmolive Co. Add +70.2% 0.74% +0.30
MSFT Microsoft Corp. Add +5.9% 7.52% +0.26
CRM Salesforce Inc. Add +100.1% 0.66% +0.24
UNH Unitedhealth Group Inc. Add +30.0% 0.89% +0.17
PNC PNC Financial Services Group Add +26.8% 1.13% +0.12
META Meta Platforms Inc. Class A Add +7.3% 4.56% +0.11
TRU Transunion Add +20.8% 2.38% +0.08
COST Costco Wholesale Corp. Add +293.6% 0.07% +0.06
INTU Intuit Inc. Add +134.7% 0.09% +0.05
PGR Progressive Corp. Add +541.0% 0.05% +0.04
SPGI S&P Global Inc. Add +124.2% 0.08% +0.04
ARMK Aramark Add +152.1% 0.07% +0.04
AMAT Applied Materials Inc. Add +102.5% 0.06% +0.03
XYL Xylem Inc. Add +104.0% 0.06% +0.03
MRK Merck & Co. Inc. Add +110.9% 0.06% +0.03
DUOL Duolingo Add +171.7% 0.05% +0.03
PWR Quanta Services Inc. Add +93.8% 0.07% +0.03
PLNT Planet Fitness Inc. Class A Add +149.9% 0.04% +0.03
ECL Ecolab Inc. Add +131.2% 0.05% +0.03
WELL Welltower Inc. Add +99.4% 0.05% +0.03
ADBE Adobe Inc. Add +213.4% 0.03% +0.02
APTV Aptiv Irish Holdings Ltd. Add +131.0% 0.04% +0.02
URI United Rentals Inc. Add +104.7% 0.04% +0.02
CME Cme Group Inc. Add +157.1% 0.03% +0.02
EXC Exelon Corp. Add +71.5% 0.03% +0.01
PLD Prologis Inc. Add +85.1% 0.02% +0.01
DIS The Walt Disney Co. Add +91.0% 0.02% +0.01
SVV Savers Value Village Inc. Add +142.2% 0.01% +0.00
TFC Truist Financial Corp. Add +7.3% 0.29% −0.00
C Citigroup Inc. Add +7.1% 0.60% −0.01
LYB Lyondellbasell Indu Class A Add +9.8% 0.26% −0.02
NVST Envista Holdings Corp. Add +24.6% 0.23% −0.03
ETN Eaton Corp. PLC Add +5.5% 1.66% −0.04
LOW Lowe's Cos Inc. Add +10.1% 0.48% −0.07
TDY Teledyne Technologies Inc. Add +14.7% 1.59% −0.08
DAR Darling Ingredients Inc. Add +7.6% 0.35% −0.10
WDAY Workday Inc. Class A Add +27.8% 2.60% −0.10
TMO Thermo Fisher Scientific Inc. Add +0.3% 1.17% −0.16
KEYS Keysight Technologies Inc. Add +5.1% 1.77% −0.32
FISV Fiserv Inc. Add +1.8% 2.98% −0.43
MA Mastercard Inc. Class A Add +3.3% 3.62% −0.53

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 184$6.3BNVDA, AAPL, GOOG, MSFT, AMZN
Q1 2026 163$5.3BNVDA, AAPL, MSFT, GOOG, AMZN
Q4 2025 79$6.9BNVDA, MSFT, AMZN, GOOG, AAPL
Q3 2025Amended 75$6.5BNVDA, MSFT, AMZN, AAPL, GOOG
Q2 2025 80$6.0BMSFT, NVDA, GOOG, AMZN, AAPL
Q1 2025 83$5.1BMSFT, NVDA, AMZN, GOOG, AAPL
Q4 2024 90$5.3BMSFT, NVDA, AMZN, GOOG, AAPL
Q3 2024 96$5.2BMSFT, NVDA, GOOG, AMZN, AAPL
Q2 2024 88$4.9BMSFT, NVDA, AMZN, GOOG, AAPL
Q1 2024 93$4.5BMSFT, AMZN, GOOG, META, NVDA