Danica Pension, Livsforsikringsaktieselskab

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed March 18, 2026), Danica Pension, Livsforsikringsaktieselskab reported 96 stock positions worth $5.2 billion. Its top holding was Microsoft (MSFT) at 7.1% of the portfolio, followed by Nvidia (NVDA, 5.2%) and Alphabet Class C (GOOG, 4.8%). Compared with Q2 2024, it opened 11 new positions, sold out of 3, added to 29 and reduced 43. The biggest buy was a new position in Abbott Laboratories (ABT) and the biggest sale Nvidia (NVDA, shares −11%).

Most Recent 13F
Q2 2026
Location
COPENHAGEN V, G7
CIK
0002096095
Portfolio Value
$5.2B (Q3 2024)
SEC Filing
0001104659-26-029859 ↗ 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 Q2 2024 Q3 2024: $5.2B $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 96 stocks · $5.2B
MSFT Microsoft Corp. 7.09% 851,922 $366.6M Add +3.7%
NVDA Nvidia Corp. 5.18% 2,205,072 $267.8M Reduce -11.3%
GOOG Alphabet Inc. Class C 4.84% 1,497,087 $250.3M Add +7.8%
AMZN Amazon.com Inc. 4.83% 1,339,644 $249.6M Reduce -0.3%
AAPL Apple Inc. 4.74% 1,051,299 $245.0M Reduce -7.0%
MA Mastercard Inc. Class A 3.90% 408,027 $201.5M Add +1.8%
META Meta Platforms Inc. Class A 3.62% 327,188 $187.3M Reduce -25.9%
ORCL Oracle Corp. 3.48% 1,056,032 $179.9M Reduce -14.4%
FISV Fiserv Inc. 3.45% 993,379 $178.5M Add +1.8%
ELV Elevance Health Inc. 3.38% 335,777 $174.6M Add +20.6%
NEE Nextera Energy Inc. 2.87% 1,752,762 $148.2M Reduce -5.2%
ABT Abbott Laboratories 2.78% 1,260,300 $143.7M New
TRU Transunion 2.60% 1,283,605 $134.4M Reduce -18.2%
BSX Boston Scientific Corp. 2.49% 1,533,858 $128.5M Add +2.0%
AVGO Broadcom Inc. 2.33% 698,744 $120.5M Add +235.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 2.27% 2,957,628 $117.4M Reduce -4.3%
PEP Pepsico Inc. 2.11% 640,781 $109.0M Add +171.4%
CRWD CrowdStrike Holdings Inc. Class A 1.97% 362,597 $101.7M New
KEYS Keysight Technologies Inc. 1.84% 598,227 $95.1M Reduce -5.1%
ZS Zscaler Inc. 1.73% 524,809 $89.7M Add +34.6%
TDY Teledyne Technologies Inc. 1.69% 199,962 $87.5M No change
KO The Coca-Cola Co. 1.64% 1,177,169 $84.6M Reduce -24.1%
ETN Eaton Corp. PLC 1.63% 253,686 $84.1M Reduce -1.6%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 1.61% 834,623 $83.2M Add +9.0%
CNC Centene Corp. 1.57% 1,077,560 $81.1M Reduce -4.4%
WDAY Workday Inc. Class A 1.54% 325,662 $79.6M Reduce -42.6%
GE General Electric filed as GE AEROSPACE 1.50% 410,157 $77.3M No change
MU Micron Technology Inc. 1.32% 657,757 $68.2M Reduce -3.0%
PNC PNC Financial Services Group 1.27% 355,386 $65.7M No change
TMO Thermo Fisher Scientific Inc. 1.25% 104,408 $64.6M Add +1.3%
OWL Blue Owl Capital Inc. 1.24% 3,319,597 $64.3M Reduce -24.5%
TSM Taiwan Semiconductor-SP ADR 1.00% 298,200 $51.8M Add +17.3%
UNH Unitedhealth Group Inc. 0.98% 86,782 $50.7M Add +1.5%
ALLY Ally Financial Inc. 0.94% 1,371,658 $48.8M Reduce -5.5%
PH Parker Hannifin Corp. 0.85% 69,861 $44.1M Reduce -34.9%
TRMB Trimble Inc. 0.79% 660,000 $41.0M New
GOOGL Alphabet Inc. Class A 0.78% 243,077 $40.3M Reduce -5.5%
CL Colgate-Palmolive Co. 0.70% 347,175 $36.0M Reduce -7.0%
WMT Walmart Inc. 0.67% 428,073 $34.6M Add +74.3%
CRM Salesforce Inc. 0.60% 114,232 $31.3M Reduce -8.3%
DGX Quest Diagnostics Inc. 0.41% 135,000 $21.0M Add +8.0%
C Citigroup Inc. 0.40% 332,488 $20.8M Reduce -28.0%
UNP Union Pacific Corp. 0.38% 80,353 $19.8M Reduce -19.9%
CI The Cigna Group 0.38% 57,000 $19.7M Reduce -18.6%
NEM Newmont Corp. 0.35% 339,071 $18.1M Reduce -39.4%
CAH Cardinal Health Inc. 0.34% 160,000 $17.7M Reduce -36.0%
AIG American International Group 0.34% 241,214 $17.7M Reduce -7.7%
TER Teradyne Inc. 0.34% 131,201 $17.6M Reduce -14.9%
NSC Norfolk Southern Corp. 0.34% 69,762 $17.3M Reduce -5.4%
GS Goldman Sachs Group Inc. 0.33% 34,449 $17.1M Reduce -30.3%
PKG Packaging Corp. of America 0.32% 76,667 $16.5M Reduce -40.4%
TFC Truist Financial Corp. 0.30% 366,745 $15.7M No change
NVST Envista Holdings Corp. 0.28% 733,000 $14.5M Add +7.0%
AFL Aflac Inc. 0.28% 128,857 $14.4M Reduce -40.9%
KLAC KLA Corp. 0.27% 17,873 $13.8M Reduce -25.1%
GNTX Gentex Corp. 0.27% 465,431 $13.8M Add +5.7%
UBER Uber Technologies Inc. 0.25% 175,000 $13.2M New
SCI Service Corp. International 0.25% 166,356 $13.1M No change
PANW Palo Alto Networks Inc. 0.25% 38,390 $13.1M Reduce -78.3%
MMM 3M Co. 0.25% 95,645 $13.1M Reduce -43.3%
TSCO Tractor Supply Company 0.21% 38,211 $11.1M Reduce -53.0%
LYB Lyondellbasell Indu Class A 0.21% 113,137 $10.8M Reduce -16.3%
NOW ServiceNow Inc. 0.20% 11,720 $10.5M New
DAR Darling Ingredients Inc. 0.19% 258,774 $9.6M Reduce -43.6%
JPM JPMorgan Chase & Co. 0.14% 34,131 $7.2M New
USB US Bancorp 0.13% 150,000 $6.9M New
MET Metlife Inc. 0.10% 60,000 $4.9M New
AZO AutoZone Inc. 0.09% 1,478 $4.7M Reduce -77.7%
SPGI S&P Global Inc. 0.08% 8,321 $4.3M Reduce -4.5%
LOW Lowe's Cos Inc. 0.08% 15,703 $4.3M Reduce -85.3%
COST Costco Wholesale Corp. 0.08% 4,660 $4.1M Add +10.6%
INTU Intuit Inc. 0.08% 6,610 $4.1M Add +3.0%
PGR Progressive Corp. 0.08% 16,114 $4.1M Add +33.0%
PWR Quanta Services Inc. 0.08% 13,375 $4.0M Add +5.5%
WELL Welltower Inc. 0.07% 29,360 $3.8M Add +28.5%
ARMK Aramark 0.07% 96,185 $3.7M No change
XYL Xylem Inc. 0.07% 25,120 $3.4M Add +11.9%
ECL Ecolab Inc. 0.06% 12,963 $3.3M Add +25.9%
MRK Merck & Co. Inc. 0.06% 26,911 $3.1M Add +6.6%
APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC 0.06% 40,150 $2.9M Add +37.2%
AMAT Applied Materials Inc. 0.05% 13,255 $2.7M No change
PLNT Planet Fitness Inc. Class A 0.05% 32,870 $2.7M Add +13.1%
URI United Rentals Inc. 0.05% 3,261 $2.6M No change
ADBE Adobe Inc. 0.05% 4,860 $2.5M Add +69.9%
CLH Clean Harbors Inc. 0.04% 9,480 $2.3M New
DUOL Duolingo 0.04% 7,075 $2.0M Reduce -39.4%
CME Cme Group Inc. 0.04% 8,850 $2.0M Add +11.6%
AVTR Avantor Inc. 0.03% 63,072 $1.6M No change
EXC Exelon Corp. 0.03% 35,572 $1.4M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.02% 9,212 $886K No change
VRSK Verisk Analytics Inc. 0.02% 3,130 $839K New
PLD Prologis Inc. 0.02% 6,230 $787K Reduce -33.0%
AMD Advanced Micro Devices 0.02% 4,749 $779K Reduce -98.3%
SVV Savers Value Village Inc. 0.01% 58,128 $612K No change
MSCI MSCI Inc. 0.01% 800 $466K No change
SLVM Sylvamo Corp. 0.00% 2,455 $211K New

Portfolio Sells Q2 2024 → Q3 2024
NVDA Nvidia Corp. Reduce -11.3% 5.18% −1.11
WDAY Workday Inc. Class A Reduce -42.6% 1.54% −1.06
PANW Palo Alto Networks Inc. Reduce -78.3% 0.25% −0.97
META Meta Platforms Inc. Class A Reduce -25.9% 3.62% −0.94
AMD Advanced Micro Devices Reduce -98.3% 0.02% −0.89
MU Micron Technology Inc. Reduce -3.0% 1.32% −0.51
AXP American Express Co. Sold out 0.00% −0.49
AMZN Amazon.com Inc. Reduce -0.3% 4.83% −0.49
LOW Lowe's Cos Inc. Reduce -85.3% 0.08% −0.40
KO The Coca-Cola Co. Reduce -24.1% 1.64% −0.39
OWL Blue Owl Capital Inc. Reduce -24.5% 1.24% −0.35
AZO AutoZone Inc. Reduce -77.7% 0.09% −0.31
PH Parker Hannifin Corp. Reduce -34.9% 0.85% −0.26
BAC Bank of America Corp. Reduce -4.3% 2.27% −0.25
INTC Intel Corp. Sold out 0.00% −0.24
ALLY Ally Financial Inc. Reduce -5.5% 0.94% −0.24
TSCO Tractor Supply Company Reduce -53.0% 0.21% −0.23
C Citigroup Inc. Reduce -28.0% 0.40% −0.20
CSCO Cisco Systems Inc. Sold out 0.00% −0.19
GOOGL Alphabet Inc. Class A Reduce -5.5% 0.78% −0.18
PKG Packaging Corp. of America Reduce -40.4% 0.32% −0.16
CAH Cardinal Health Inc. Reduce -36.0% 0.34% −0.16
DAR Darling Ingredients Inc. Reduce -43.6% 0.19% −0.16
AAPL Apple Inc. Reduce -7.0% 4.74% −0.14
KLAC KLA Corp. Reduce -25.1% 0.27% −0.14
NEM Newmont Corp. Reduce -39.4% 0.35% −0.13
TER Teradyne Inc. Reduce -14.9% 0.34% −0.13
GS Goldman Sachs Group Inc. Reduce -30.3% 0.33% −0.13
AFL Aflac Inc. Reduce -40.9% 0.28% −0.12
MMM 3M Co. Reduce -43.3% 0.25% −0.10
CI The Cigna Group Reduce -18.6% 0.38% −0.09
ORCL Oracle Corp. Reduce -14.4% 3.48% −0.09
UNP Union Pacific Corp. Reduce -19.9% 0.38% −0.08
AIG American International Group Reduce -7.7% 0.34% −0.06
LYB Lyondellbasell Indu Class A Reduce -16.3% 0.21% −0.06
CRM Salesforce Inc. Reduce -8.3% 0.60% −0.05
CL Colgate-Palmolive Co. Reduce -7.0% 0.70% −0.05
ETN Eaton Corp. PLC Reduce -1.6% 1.63% −0.03
DUOL Duolingo Reduce -39.4% 0.04% −0.01
PLD Prologis Inc. Reduce -33.0% 0.02% −0.01
SPGI S&P Global Inc. Reduce -4.5% 0.08% +0.00
NSC Norfolk Southern Corp. Reduce -5.4% 0.34% +0.01
CNC Centene Corp. Reduce -4.4% 1.57% +0.04
KEYS Keysight Technologies Inc. Reduce -5.1% 1.84% +0.07
NEE Nextera Energy Inc. Reduce -5.2% 2.87% +0.18
TRU Transunion Reduce -18.2% 2.60% +0.22

Portfolio Buys Q2 2024 → Q3 2024
ABT Abbott Laboratories New 2.78% +2.78
CRWD CrowdStrike Holdings Inc. Class A New 1.97% +1.97
AVGO Broadcom Inc. Add +235.6% 2.33% +1.65
PEP Pepsico Inc. Add +171.4% 2.11% +1.31
TRMB Trimble Inc. New 0.79% +0.79
FISV Fiserv Inc. Add +1.8% 3.45% +0.47
WMT Walmart Inc. Add +74.3% 0.67% +0.33
ELV Elevance Health Inc. Add +20.6% 3.38% +0.29
MA Mastercard Inc. Class A Add +1.8% 3.90% +0.28
UBER Uber Technologies Inc. New 0.25% +0.25
NOW ServiceNow Inc. New 0.20% +0.20
ZS Zscaler Inc. Add +34.6% 1.73% +0.20
JPM JPMorgan Chase & Co. New 0.14% +0.14
USB US Bancorp New 0.13% +0.13
BSX Boston Scientific Corp. Add +2.0% 2.49% +0.11
TSM Taiwan Semiconductor-SP ADR Add +17.3% 1.00% +0.10
MET Metlife Inc. New 0.10% +0.10
UNH Unitedhealth Group Inc. Add +1.5% 0.98% +0.09
TMO Thermo Fisher Scientific Inc. Add +1.3% 1.25% +0.08
DGX Quest Diagnostics Inc. Add +8.0% 0.41% +0.05
NVST Envista Holdings Corp. Add +7.0% 0.28% +0.05
CLH Clean Harbors Inc. New 0.04% +0.04
PGR Progressive Corp. Add +33.0% 0.08% +0.03
WELL Welltower Inc. Add +28.5% 0.07% +0.02
VRSK Verisk Analytics Inc. New 0.02% +0.02
ADBE Adobe Inc. Add +69.9% 0.05% +0.02
ECL Ecolab Inc. Add +25.9% 0.06% +0.01
APTV Aptiv Irish Holdings Ltd. Add +37.2% 0.06% +0.01
PWR Quanta Services Inc. Add +5.5% 0.08% +0.01
PLNT Planet Fitness Inc. Class A Add +13.1% 0.05% +0.01
COST Costco Wholesale Corp. Add +10.6% 0.08% +0.01
CME Cme Group Inc. Add +11.6% 0.04% +0.01
SLVM Sylvamo Corp. New 0.00% +0.00
XYL Xylem Inc. Add +11.9% 0.07% +0.00
MRK Merck & Co. Inc. Add +6.6% 0.06% −0.00
INTU Intuit Inc. Add +3.0% 0.08% −0.01
GNTX Gentex Corp. Add +5.7% 0.27% −0.04
EL Estee Lauder Companies Class A Add +9.0% 1.61% −0.06
GOOG Alphabet Inc. Class C Add +7.8% 4.84% −0.38
MSFT Microsoft Corp. Add +3.7% 7.09% −0.43

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