Danske Bank A/S

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed March 18, 2026), Danske Bank A/S reported 1,388 stock positions worth $33.4 billion. Its top holding was Apple (AAPL) at 7.9% of the portfolio, followed by Nvidia (NVDA, 6.6%) and Microsoft (MSFT, 6.1%). Compared with Q3 2024, it opened 92 new positions, sold out of 294, added to 655 and reduced 540. The biggest buy was Apple (AAPL, shares +28%) and the biggest sale Thermo Fisher Scientific (TMO, shares −17%).

Most Recent 13F
Q2 2026
Location
COPENHAGEN V, G7
CIK
0000800177
Portfolio Value
$33.4B (Q4 2024)
SEC Filing
0001104659-26-029869 ↗ filed Mar 18, 2026

Holdings Value

0$20.0B$40.0B$60.0B Q1 2024: $31.9B Q1 2024 Q2 2024: $27.1B Q2 2024 Q3 2024: $30.0B Q3 2024 Q4 2024: $33.4B $33.4B Q4 2024 Q1 2025: $32.7B Q1 2025 Q2 2025: $40.3B Q2 2025 Q3 2025: $40.2B Q3 2025 Q4 2025: $43.0B Q4 2025 Q1 2026: $41.5B Q1 2026 Q2 2026: $50.2B Q2 2026

Holdings 1,388 stocks · $33.4B

AAPL Apple Inc. 7.88% 10,523,757 $2.6B Add +28.2%
NVDA Nvidia Corp. 6.56% 16,330,331 $2.2B Add +6.8%
MSFT Microsoft Corp. 6.10% 4,843,162 $2.0B Add +10.4%
AMZN Amazon.com Inc. 4.53% 6,898,684 $1.5B Add +16.9%
META Meta Platforms Inc. Class A 2.55% 1,457,795 $853.6M Add +7.2%
GOOGL Alphabet Inc. Class A 2.44% 4,303,617 $814.7M Reduce -1.9%
TSLA Tesla Inc. 2.18% 1,801,485 $727.5M Add +12.9%
AVGO Broadcom Inc. 1.92% 2,764,024 $640.8M Add +5.3%
GOOG Alphabet Inc. Class C 1.54% 2,708,625 $515.8M Add +7.9%
LLY Eli Lilly & Co. 1.42% 613,145 $473.3M Add +3.0%
V Visa Inc. Class A 1.31% 1,390,659 $439.5M Add +5.2%
JPM JPMorgan Chase & Co. 1.31% 1,833,018 $439.4M Reduce -2.7%
BRK.B Berkshire Hathaway Inc. Class B 1.24% 911,591 $413.2M Reduce -2.8%
UNH Unitedhealth Group Inc. 1.15% 759,033 $384.0M Add +12.1%
CRM Salesforce Inc. 0.93% 927,994 $310.3M Reduce -6.2%
MA Mastercard Inc. Class A 0.80% 510,839 $269.0M Add +8.5%
HD Home Depot Inc. 0.78% 671,060 $261.0M Add +18.9%
COST Costco Wholesale Corp. 0.72% 261,347 $239.5M Add +8.0%
WMT Walmart Inc. 0.71% 2,629,328 $237.6M Add +2.3%
JNJ Johnson & Johnson 0.70% 1,621,615 $234.5M Add +7.7%
PG The Procter & Gamble Co. 0.70% 1,395,940 $234.0M Reduce -2.3%
NFLX Netflix Inc. 0.69% 259,900 $231.7M Reduce -1.5%
ABBV Abbvie Inc. 0.58% 1,085,762 $192.9M Reduce -6.5%
MRK Merck & Co. Inc. 0.56% 1,886,346 $187.7M Add +4.0%
WFC Wells Fargo & Co. 0.56% 2,650,366 $186.2M Add +82.3%
LIN Linde PLC 0.55% 435,921 $182.5M Reduce -7.2%
CVX Chevron Corp. 0.54% 1,248,506 $180.8M Add +39.7%
ORCL Oracle Corp. 0.52% 1,053,305 $175.5M Reduce -19.4%
CSCO Cisco Systems Inc. 0.51% 2,866,570 $169.7M Reduce -5.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.50% 3,768,297 $165.6M Add +16.0%
KO The Coca-Cola Co. 0.49% 2,643,610 $164.6M Reduce -8.3%
ISRG Intuitive Surgical Inc. 0.45% 290,649 $151.7M Add +53.9%
AMAT Applied Materials Inc. 0.44% 912,825 $148.5M Add +40.3%
NOW ServiceNow Inc. 0.43% 134,231 $142.3M Reduce -4.5%
SPGI S&P Global Inc. 0.42% 284,926 $141.9M Add +56.1%
ACN Accenture PLC Class A 0.42% 397,972 $140.0M Add +20.3%
MRVL Marvell Technology Inc. 0.42% 1,264,785 $139.7M Add +7.0%
QCOM Qualcomm Inc. 0.41% 889,434 $136.6M Add +15.1%
MS Morgan Stanley 0.40% 1,075,133 $135.2M Add +105.0%
ADBE Adobe Inc. 0.40% 303,319 $134.9M Add +9.9%
TMO Thermo Fisher Scientific Inc. 0.39% 248,818 $129.4M Reduce -17.3%
NEE Nextera Energy Inc. 0.38% 1,776,410 $127.4M Reduce -14.7%
GS Goldman Sachs Group Inc. 0.36% 212,382 $121.6M Add +54.3%
PANW Palo Alto Networks Inc. 0.36% 657,638 $119.7M Add +11.3%
VZ Verizon Communications Inc. 0.35% 2,915,420 $116.6M Add +31.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.35% 526,031 $115.6M Add +17.9%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.34% 1,033,114 $115.0M Add +33.7%
CAT Caterpillar Inc. 0.34% 310,338 $112.6M Reduce -15.5%
PGR Progressive Corp. 0.34% 467,504 $112.0M Reduce -1.6%
PEP Pepsico Inc. 0.33% 736,064 $111.9M Add +14.1%
INTU Intuit Inc. 0.33% 174,683 $109.8M Reduce -23.7%
AXP American Express Co. 0.32% 360,655 $107.0M Reduce -5.9%
MCD McDonald's Corp. 0.31% 360,148 $104.4M Add +17.1%
BLK BlackRock Inc. 0.31% 101,755 $104.3M Add +16.2%
AMD Advanced Micro Devices 0.30% 837,034 $101.1M Add +16.3%
GE General Electric filed as GE AEROSPACE 0.29% 573,161 $95.6M Add +20.0%
ABT Abbott Laboratories 0.28% 841,338 $95.2M Add +19.2%
CMCSA Comcast Corp. Class A 0.28% 2,473,772 $92.8M Add +34.6%
TXN Texas Instruments Inc. 0.28% 494,453 $92.7M Add +12.9%
BKNG Booking Holdings Inc. 0.27% 18,438 $91.6M Add +34.8%
RTX RTX Corp. 0.27% 766,196 $88.7M Add +18.9%
EQIX Equinix Inc. 0.27% 94,003 $88.6M Add +75.8%
CRWD CrowdStrike Holdings Inc. Class A 0.26% 256,264 $87.7M Add +38.7%
BMY Bristol-Myers Squibb Co. 0.26% 1,540,752 $87.1M Add +47.3%
KLAC KLA Corp. 0.26% 135,786 $85.6M Add +15.8%
PFE Pfizer Inc. 0.25% 3,204,043 $85.0M Reduce -13.8%
PLTR Palantir Technologies Inc. Class A 0.25% 1,107,204 $83.7M Reduce -14.0%
T AT&T Inc. 0.24% 3,546,986 $80.8M Reduce -13.8%
FISV Fiserv Inc. 0.24% 393,069 $80.7M Reduce -2.5%
NKE Nike Inc. Class B 0.24% 1,063,287 $80.5M Add +16.2%
DHR Danaher Corp. 0.23% 341,269 $78.3M Add +9.6%
AMGN Amgen Inc. 0.23% 297,245 $77.5M Reduce -24.3%
ADP Automatic Data Processing 0.23% 264,410 $77.4M Reduce -2.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.23% 640,495 $77.4M Add +20.0%
GILD Gilead Sciences Inc. 0.22% 805,616 $74.4M Add +55.1%
SCHW Schwab (charles) Corp. 0.22% 984,891 $72.9M Add +47.6%
UBER Uber Technologies Inc. 0.22% 1,204,422 $72.7M Add +37.5%
SYK Stryker Corp. 0.22% 199,885 $72.0M Add +43.0%
TMUS T-Mobile US Inc. 0.21% 325,396 $71.8M Add +1.9%
UNP Union Pacific Corp. 0.21% 310,275 $70.8M Add +3.2%
ROK Rockwell Automation Inc. 0.21% 243,705 $69.6M Add +8.6%
LOW Lowe's Cos Inc. 0.20% 276,513 $68.2M Add +16.6%
LRCX Lam Research Corp. 0.20% 940,156 $67.9M Reduce -6.6%
CB Chubb Ltd. 0.20% 242,524 $67.0M Add +18.4%
C Citigroup Inc. 0.20% 949,279 $66.8M Add +19.4%
ANET Arista Networks Inc. 0.20% 598,140 $66.1M Reduce -0.7%
VRTX Vertex Pharmaceuticals Inc. 0.20% 162,303 $65.4M Reduce -9.0%
BSX Boston Scientific Corp. 0.20% 731,342 $65.3M Add +17.0%
EOG EOG Resources Inc. 0.19% 528,392 $64.8M Reduce -1.5%
WM Waste Management Inc. 0.19% 312,642 $63.1M Add +15.8%
SBUX Starbucks Corp. 0.19% 688,762 $62.8M Add +0.5%
DE Deere & Co. 0.19% 147,931 $62.7M Reduce -9.3%
ETN Eaton Corp. PLC 0.19% 187,959 $62.4M Add +8.3%
ADSK Autodesk Inc. 0.18% 207,100 $61.2M Reduce -10.9%
SHW The Sherwin-Williams Co. 0.18% 179,365 $61.0M Add +42.7%
MRSH Marsh & McLennan Cos 0.18% 281,025 $59.7M Add +16.0%
TT Trane Technologies PLC 0.17% 155,559 $57.5M Reduce -20.6%
CL Colgate-Palmolive Co. 0.17% 629,655 $57.2M Reduce -31.4%
INTC Intel Corp. 0.17% 2,784,989 $55.8M Add +47.5%
PLD Prologis Inc. 0.17% 525,102 $55.5M Add +19.8%

Show all 1,388 holdings

Options reported separately and not counted above: RCL calls ($2.6M), RIG puts ($1.0M), NE puts ($550K), MSTR calls ($332K), GME calls ($186K), SE calls ($81K), XOM calls ($65K), HOOD calls ($63K), SOFI calls ($33K), NVDA puts ($32K), HL calls ($30K), PAAS calls ($23K), and 7 more.

Other holdings (1): bonds, preferreds, convertibles and warrants · $1K (not counted above)
SecurityClassShares / PrincipalValueChange
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 39$1KNo change

Total filed on the 13F, all lines: $33.4B.

Portfolio Sells Q3 2024 → Q4 2024

TMO Thermo Fisher Scientific Inc. Reduce -17.3% 0.39% −0.23
ORCL Oracle Corp. Reduce -19.4% 0.52% −0.22
NEE Nextera Energy Inc. Reduce -14.7% 0.38% −0.21
BRK.B Berkshire Hathaway Inc. Class B Reduce -2.8% 1.24% −0.20
ELV Elevance Health Inc. Reduce -30.4% 0.16% −0.20
LIN Linde PLC Reduce -7.2% 0.55% −0.20
KO The Coca-Cola Co. Reduce -8.3% 0.49% −0.20
AMGN Amgen Inc. Reduce -24.3% 0.23% −0.19
ABBV Abbvie Inc. Reduce -6.5% 0.58% −0.19
CL Colgate-Palmolive Co. Reduce -31.4% 0.17% −0.15
INTU Intuit Inc. Reduce -23.7% 0.33% −0.15
CAT Caterpillar Inc. Reduce -15.5% 0.34% −0.14
PG The Procter & Gamble Co. Reduce -2.3% 0.70% −0.12
REGN Regeneron Pharmaceuticals Reduce -12.9% 0.13% −0.11
URI United Rentals Inc. Reduce -34.8% 0.12% −0.11
PFE Pfizer Inc. Reduce -13.8% 0.25% −0.10
HCA HCA Healthcare Inc. Reduce -27.1% 0.10% −0.10
PHM Pultegroup Inc. Reduce -32.8% 0.09% −0.10
FANG Diamondback Energy Inc. Reduce -41.3% 0.10% −0.10
WRB WR Berkley Corp. Reduce -51.4% 0.07% −0.09
DHI D.R. Horton Inc. Reduce -32.1% 0.07% −0.08
TT Trane Technologies PLC Reduce -20.6% 0.17% −0.08
VRTX Vertex Pharmaceuticals Inc. Reduce -9.0% 0.20% −0.08
MTD Mettler-Toledo International Reduce -56.4% 0.04% −0.08
OBDE Blue Owl Capital Corp. III Reduce -70.6% 0.03% −0.07
LRCX Lam Research Corp. Reduce -6.6% 0.20% −0.07
EBAY eBay Inc. Reduce -22.3% 0.13% −0.07
PGR Progressive Corp. Reduce -1.6% 0.34% −0.07
ACGL Arch Capital Group Ltd. Reduce -36.2% 0.06% −0.06
HIG Hartford Insurance Group Inc. Reduce -20.7% 0.12% −0.06
RMD Resmed Inc. Reduce -28.0% 0.10% −0.06
DVN Devon Energy Corp. Reduce -18.5% 0.10% −0.06
T AT&T Inc. Reduce -13.8% 0.24% −0.06
GLPI Gaming and Leisure Propertie Reduce -36.8% 0.07% −0.06
CEG Constellation Energy Reduce -11.7% 0.12% −0.06
EG Everest Group Ltd. Reduce -61.9% 0.02% −0.05
PDD PDD Holdings Inc. Reduce -85.6% 0.01% −0.05
CROX Crocs Inc. Reduce -69.0% 0.01% −0.05
CBT Cabot Corp. Reduce -70.4% 0.01% −0.05
PH Parker Hannifin Corp. Reduce -16.0% 0.14% −0.04
MOH Molina Healthcare Inc. Reduce -38.1% 0.04% −0.04
NXPI NXP Semiconductors NV Reduce -15.4% 0.08% −0.04
MRO Marathon Oil Corp. Sold out 0.00% −0.04
ENS Enersys Reduce -60.2% 0.02% −0.04
UTHR United Therapeutics Corp. Reduce -27.5% 0.07% −0.04
TGT Target Corp. Reduce -10.5% 0.09% −0.04
SYY Sysco Corp. Reduce -29.9% 0.06% −0.04
NNN NNN REIT Inc. Reduce -66.6% 0.01% −0.04
FTNT Fortinet Inc. Reduce -26.5% 0.16% −0.04
DE Deere & Co. Reduce -9.3% 0.19% −0.04

Portfolio Buys Q3 2024 → Q4 2024

AAPL Apple Inc. Add +28.2% 7.88% +1.51
AMZN Amazon.com Inc. Add +16.9% 4.53% +0.86
TSLA Tesla Inc. Add +12.9% 2.18% +0.78
AVGO Broadcom Inc. Add +5.3% 1.92% +0.41
NVDA Nvidia Corp. Add +6.8% 6.56% +0.37
WFC Wells Fargo & Co. Add +82.3% 0.56% +0.28
MS Morgan Stanley Add +105.0% 0.40% +0.22
ISRG Intuitive Surgical Inc. Add +53.9% 0.45% +0.14
GOOG Alphabet Inc. Class C Add +7.9% 1.54% +0.14
GS Goldman Sachs Group Inc. Add +54.3% 0.36% +0.14
MRVL Marvell Technology Inc. Add +7.0% 0.42% +0.13
SPGI S&P Global Inc. Add +56.1% 0.42% +0.11
EQIX Equinix Inc. Add +75.8% 0.27% +0.11
V Visa Inc. Class A Add +5.2% 1.31% +0.10
CVX Chevron Corp. Add +39.7% 0.54% +0.10
DIS The Walt Disney Co. Add +33.7% 0.34% +0.10
CRWD CrowdStrike Holdings Inc. Class A Add +38.7% 0.26% +0.09
BKNG Booking Holdings Inc. Add +34.8% 0.27% +0.08
BMY Bristol-Myers Squibb Co. Add +47.3% 0.26% +0.08
GILD Gilead Sciences Inc. Add +55.1% 0.22% +0.08
SCHW Schwab (charles) Corp. Add +47.6% 0.22% +0.07
BAC Bank of America Corp. Add +16.0% 0.50% +0.07
XOM Exxon Mobil Corp. Add +472.9% 0.08% +0.06
SPOT Spotify Technology SA New 0.06% +0.06
SYK Stryker Corp. Add +43.0% 0.22% +0.05
TEAM Atlassian Corp. Class A Add +58.8% 0.08% +0.04
WELL Welltower Inc. Add +53.3% 0.16% +0.04
TXT Textron Inc. New 0.04% +0.04
MSTR Strategy Inc. Add +31.7% 0.07% +0.04
AXON Axon Enterprise Inc. Add +20.1% 0.10% +0.04
EIX Edison International Add +71.6% 0.13% +0.04
WAB Wabtec Corp. Add +84.1% 0.09% +0.04
GEV GE Vernova Inc. Add +21.0% 0.13% +0.04
BLK BlackRock Inc. Add +16.2% 0.31% +0.03
VICI Vici Properties Inc. Add +108.5% 0.09% +0.03
STLD Steel Dynamics Inc. Add +129.0% 0.07% +0.03
C Citigroup Inc. Add +19.4% 0.20% +0.03
VRT Vertiv Holdings Co. Class A Add +57.3% 0.09% +0.03
CME Cme Group Inc. Add +34.9% 0.15% +0.03
AON Aon PLC Class A Add +41.6% 0.13% +0.03
SNPS Synopsys Inc. Add +46.4% 0.15% +0.03
DASH DoorDash Inc. Class A Add +45.8% 0.09% +0.03
MA Mastercard Inc. Class A Add +8.5% 0.80% +0.03
WSM Williams-Sonoma Inc. Add +102.1% 0.06% +0.03
ACN Accenture PLC Class A Add +20.3% 0.42% +0.03
DLR Digital Realty Trust Inc. Add +29.4% 0.13% +0.03
EMR Emerson Electric Co. Add +27.5% 0.12% +0.03
RF Regions Financial Corp. Add +107.6% 0.06% +0.03
CVNA Carvana Co. Add +1029.1% 0.03% +0.03
LULU Lululemon Athletica Inc. Add +20.7% 0.07% +0.02

Options Activity Q3 2024 → Q4 2024

RCL Royal Caribbean Cruises Ltd. call New 50,000 $2.6M
RIG Transocean Ltd. put Add +25.0% 500,000 $1.0M
NE Noble Corp. PLC put Reduce -44.2% 100,000 $550K
MSTR Strategy Inc. call Add +415.4% 6,700 $332K
GME Gamestop Corp. Class A call New 120,000 $186K
SMCI Super Micro Computer Inc. put Sold out 1,000 $89Kbefore exit
XOM Exxon Mobil Corp. call New 125,000 $65K
HOOD Robinhood Markets Inc. Class A call Add +75.0% 3,500 $63K
NVDA Nvidia Corp. put Add +66.7% 5,000 $32K
HL Hecla Mining Co. call Add +60.0% 16,000 $30K
TSLA Tesla Inc. put Sold out 20,000 $27Kbefore exit
ENVX Enovix Corp. call Add +36.4% 15,000 $20K
SEDG Solaredge Technologies Inc. call Add +750.0% 3,400 $13K
QQQ Invesco QQQ Trust Series 1 put Sold out 52,000 $11Kbefore exit
EOG EOG Resources Inc. call New 50,000 $8K
NKLAQ Nikola Corp. call New 100,000 $7K
NVDA Nvidia Corp. call Sold out 3,000 $3Kbefore exit
SMCI Super Micro Computer Inc. call Sold out 1,000 $800before exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q3 2024 → Q4 2024

SEAPORT ENTERTAINMENT GR-RTS RIGHT 10/10/2024 Sold out 1 $0before exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 1,129$50.2BNVDA, AAPL, AMZN, MSFT, GOOGL
Q1 2026 1,161$41.5BNVDA, AAPL, MSFT, AMZN, GOOGL
Q4 2025 1,547$43.0BNVDA, AAPL, MSFT, AMZN, GOOGL
Q3 2025Amended 1,472$40.2BNVDA, AAPL, MSFT, AMZN, META
Q2 2025 1,507$40.3BNVDA, MSFT, AAPL, AMZN, META
Q1 2025 1,362$32.7BAAPL, MSFT, NVDA, AMZN, META
Q4 2024 1,388$33.4BAAPL, NVDA, MSFT, AMZN, META
Q3 2024 1,590$30.0BAAPL, MSFT, NVDA, AMZN, META
Q2 2024 1,119$27.1BMSFT, NVDA, AAPL, AMZN, GOOGL
Q1 2024 1,022$31.9BMSFT, NVDA, AAPL, AMZN, GOOGL