Formuepleje A/S
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed August 27, 2026), Formuepleje A/S reported 91 stock positions worth $1.8 billion. Its top holding was Microsoft (MSFT) at 8.2% of the portfolio, followed by Thermo Fisher Scientific (TMO, 4.9%) and Visa Class A (V, 4.1%). Compared with Q4 2023, it opened 8 new positions, sold out of 5, added to 33 and reduced 50. The biggest buy was Nvidia (NVDA, shares +31%) and the biggest sale Apple (AAPL, shares −43%).
- Most Recent 13F
- Q2 2026
- Location
- AARHUS C, G7
- CIK
- 0001801212
- Portfolio Value
- $1.8B (Q1 2024)
- SEC Filing
- 0001172661-26-004090 ↗ filed Aug 27, 2026
Holdings Value
Holdings 91 stocks · $1.8B
| MSFT Microsoft Corp. | 8.20% | 344,703 | $145.0M | Add +5.6% |
| TMO Thermo Fisher Scientific Inc. | 4.87% | 148,225 | $86.1M | Add +17.4% |
| V Visa Inc. Class A | 4.14% | 262,594 | $73.3M | Add +43.6% |
| NVDA Nvidia Corp. | 4.11% | 80,429 | $72.7M | Add +31.5% |
| MA Mastercard Inc. Class A | 3.59% | 131,775 | $63.5M | Reduce -9.7% |
| HDB HDFC Bank Ltd.-ADR | 3.08% | 973,529 | $54.5M | Add +27.2% |
| DHR Danaher Corp. | 2.72% | 192,952 | $48.2M | Add +16.9% |
| AMAT Applied Materials Inc. | 2.40% | 206,195 | $42.5M | Reduce -13.9% |
| URI United Rentals Inc. | 2.34% | 57,472 | $41.4M | Reduce -25.5% |
| MSCI MSCI Inc. | 2.12% | 67,070 | $37.6M | Add +2.8% |
| GOOG Alphabet Inc. Class C | 2.11% | 244,754 | $37.3M | Add +5.2% |
| TSM Taiwan Semiconductor-SP ADR | 2.07% | 269,433 | $36.7M | Add +0.2% |
| CTAS Cintas Corp. | 1.93% | 49,574 | $34.1M | Reduce -32.8% |
| AZO AutoZone Inc. | 1.89% | 10,592 | $33.4M | Add +116.5% |
| GOOGL Alphabet Inc. Class A | 1.88% | 220,611 | $33.3M | Add +130.6% |
| CSL Carlisle Cos Inc. | 1.84% | 83,025 | $32.5M | Add +83.4% |
| FISV Fiserv Inc. | 1.78% | 196,745 | $31.4M | Add +102.2% |
| IBN Icici Bank Ltd.-Spon ADR | 1.74% | 1,167,165 | $30.8M | Add +100.7% |
| HSY The Hershey Co. | 1.72% | 156,378 | $30.4M | Add +131.9% |
| ADP Automatic Data Processing | 1.62% | 114,562 | $28.6M | Add +324.9% |
| UNH Unitedhealth Group Inc. | 1.59% | 56,892 | $28.1M | Add +146.0% |
| ADI Analog Devices Inc. | 1.54% | 137,400 | $27.2M | Reduce -10.5% |
| MRSH Marsh & McLennan Cos | 1.51% | 129,582 | $26.7M | Reduce -0.3% |
| BSX Boston Scientific Corp. | 1.51% | 388,990 | $26.6M | Reduce -9.6% |
| IQV Iqvia Holdings Inc. | 1.49% | 104,530 | $26.4M | Reduce -11.1% |
| BDX Becton Dickinson and Co. | 1.37% | 97,685 | $24.2M | Reduce -3.1% |
| CDNS Cadence Design SYS Inc. | 1.30% | 73,922 | $23.0M | Reduce -17.0% |
| AAPL Apple Inc. | 1.29% | 132,633 | $22.7M | Reduce -43.2% |
| RNR Renaissancere Holdings Ltd. | 1.23% | 92,449 | $21.7M | New |
| WM Waste Management Inc. | 1.11% | 92,235 | $19.7M | Reduce -8.4% |
| CARR Carrier Global Corp. | 1.10% | 335,408 | $19.5M | Add +94.2% |
| ANSS Ansys Inc. | 1.10% | 55,897 | $19.4M | Add +63.2% |
| COO The Cooper Cos Inc. | 0.90% | 157,317 | $16.0M | New |
| DE Deere & Co. | 0.90% | 38,789 | $15.9M | Add +128.6% |
| WSO Watsco Inc. | 0.89% | 36,644 | $15.8M | Add +126.4% |
| ROK Rockwell Automation Inc. | 0.87% | 52,806 | $15.4M | Add +40.2% |
| ORCL Oracle Corp. | 0.87% | 122,200 | $15.3M | New |
| POOL Pool Corp. | 0.83% | 36,308 | $14.7M | Add +101.4% |
| ELV Elevance Health Inc. | 0.82% | 27,844 | $14.4M | Add +114.8% |
| SPGI S&P Global Inc. | 0.81% | 33,541 | $14.3M | Add +125.5% |
| AWK American Water Works Co. Inc. | 0.78% | 113,204 | $13.8M | Add +29.9% |
| MRK Merck & Co. Inc. | 0.78% | 104,682 | $13.8M | Reduce -5.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.68% | 119,266 | $12.1M | Reduce -10.2% |
| TGT Target Corp. | 0.68% | 67,990 | $12.0M | Reduce -5.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.63% | 91,606 | $11.2M | Add +1.3% |
| CVS CVS Health Corp. | 0.63% | 139,008 | $11.1M | Reduce -8.7% |
| CP Canadian Pacific Kansas City | 0.62% | 92,049 | $11.0M | Reduce -7.0% |
| PNC PNC Financial Services Group | 0.61% | 66,715 | $10.8M | Reduce -5.4% |
| ECL Ecolab Inc. | 0.59% | 44,938 | $10.4M | Reduce -8.0% |
| ADBE Adobe Inc. | 0.58% | 20,500 | $10.3M | Reduce -7.8% |
| EW Edwards Lifesciences Corp. | 0.57% | 105,673 | $10.1M | New |
| GILD Gilead Sciences Inc. | 0.53% | 127,467 | $9.3M | Add +30.4% |
| BALL Ball Corp. | 0.52% | 136,520 | $9.2M | Reduce -8.5% |
| TSCO Tractor Supply Company | 0.51% | 34,267 | $9.0M | Reduce -4.2% |
| UPS United Parcel Service Class B | 0.50% | 59,837 | $8.9M | Reduce -8.9% |
| JLL Jones Lang Lasalle Inc. | 0.48% | 43,169 | $8.4M | Reduce -4.2% |
| MAR Marriott International Class A | 0.48% | 33,367 | $8.4M | Reduce -11.0% |
| PWR Quanta Services Inc. | 0.48% | 32,355 | $8.4M | Reduce -38.9% |
| NOW ServiceNow Inc. | 0.46% | 10,693 | $8.2M | Reduce -9.3% |
| ICE Intercontinental Exchange Inc. | 0.46% | 59,152 | $8.1M | Reduce -3.7% |
| RSG Republic Services Inc. | 0.46% | 42,219 | $8.1M | Reduce -12.1% |
| PLD Prologis Inc. | 0.45% | 61,772 | $8.0M | Reduce -3.4% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.45% | 138,828 | $8.0M | Reduce -8.0% |
| A Agilent Technologies Inc. | 0.44% | 53,507 | $7.8M | Reduce -1.6% |
| LPLA LPL Financial Holdings Inc. | 0.39% | 26,390 | $7.0M | Reduce -9.8% |
| NKE Nike Inc. Class B | 0.38% | 71,175 | $6.7M | Reduce -9.2% |
| AMT American Tower Corp. | 0.37% | 33,355 | $6.6M | Reduce -11.6% |
| BCE Bce Inc. | 0.36% | 138,551 | $6.4M | Reduce -9.4% |
| SBUX Starbucks Corp. | 0.36% | 69,064 | $6.3M | Reduce -11.4% |
| VZ Verizon Communications Inc. | 0.34% | 143,591 | $6.0M | Reduce -4.8% |
| WAT Waters Corp. | 0.33% | 16,999 | $5.9M | Reduce -0.6% |
| TXN Texas Instruments Inc. | 0.33% | 33,425 | $5.8M | Reduce -5.5% |
| MKC McCormick & Co.-Non VTG SHRS | 0.33% | 75,229 | $5.8M | Reduce -14.3% |
| ITUB Itau Unibanco H-Spon PRF ADR | 0.32% | 822,526 | $5.7M | Reduce -11.0% |
| PANW Palo Alto Networks Inc. | 0.32% | 19,630 | $5.6M | New |
| IEX Idex Corp. | 0.31% | 22,511 | $5.5M | Reduce -8.2% |
| ADSK Autodesk Inc. | 0.31% | 21,046 | $5.5M | Add +9.0% |
| INTC Intel Corp. | 0.31% | 123,795 | $5.5M | Reduce -5.6% |
| BAP Credicorp Ltd. | 0.30% | 31,778 | $5.4M | Reduce -14.6% |
| MTD Mettler-Toledo International | 0.30% | 4,038 | $5.4M | Add +5.4% |
| CMG Chipotle Mexican Grill Inc. | 0.29% | 1,788 | $5.2M | New |
| CSCO Cisco Systems Inc. | 0.28% | 97,837 | $4.9M | Reduce -34.4% |
| FSLR First Solar Inc. | 0.26% | 27,070 | $4.6M | Add +2.6% |
| IPGP Ipg Photonics Corp. | 0.25% | 49,546 | $4.5M | Reduce -9.8% |
| CGNX Cognex Corp. | 0.23% | 97,809 | $4.1M | Add +31.9% |
| HUBB Hubbell Inc. | 0.22% | 9,525 | $4.0M | Reduce -17.8% |
| VLTO Veralto Corp. | 0.21% | 41,435 | $3.7M | Add +8.3% |
| CCK Crown Holdings Inc. | 0.19% | 42,383 | $3.4M | Reduce -7.7% |
| IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA | 0.12% | 24,548 | $2.1M | Reduce -7.5% |
| NSC Norfolk Southern Corp. | 0.03% | 1,939 | $494K | New |
| JNJ Johnson & Johnson | 0.02% | 2,134 | $338K | New |
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -43.2% | 1.29% | −1.90 |
| CTAS Cintas Corp. | Reduce -32.8% | 1.93% | −1.22 |
| MA Mastercard Inc. Class A | Reduce -9.7% | 3.59% | −0.83 |
| URI United Rentals Inc. | Reduce -25.5% | 2.34% | −0.79 |
| TRV The Travelers Cos Inc. | Sold out | 0.00% | −0.67 |
| ADI Analog Devices Inc. | Reduce -10.5% | 1.54% | −0.62 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.50 |
| IQV Iqvia Holdings Inc. | Reduce -11.1% | 1.49% | −0.43 |
| CDNS Cadence Design SYS Inc. | Reduce -17.0% | 1.30% | −0.42 |
| BDX Becton Dickinson and Co. | Reduce -3.1% | 1.37% | −0.38 |
| ADBE Adobe Inc. | Reduce -7.8% | 0.58% | −0.36 |
| AMAT Applied Materials Inc. | Reduce -13.9% | 2.40% | −0.35 |
| PWR Quanta Services Inc. | Reduce -38.9% | 0.48% | −0.34 |
| BFAM Bright Horizons Family Solut | Sold out | 0.00% | −0.33 |
| DAR Darling Ingredients Inc. | Sold out | 0.00% | −0.32 |
| LEVI Levi Strauss & Co. Class A | Sold out | 0.00% | −0.30 |
| CSCO Cisco Systems Inc. | Reduce -34.4% | 0.28% | −0.26 |
| BSX Boston Scientific Corp. | Reduce -9.6% | 1.51% | −0.26 |
| MRSH Marsh & McLennan Cos | Reduce -0.3% | 1.51% | −0.24 |
| UPS United Parcel Service Class B | Reduce -8.9% | 0.50% | −0.23 |
| NKE Nike Inc. Class B | Reduce -9.2% | 0.38% | −0.23 |
| CVS CVS Health Corp. | Reduce -8.7% | 0.63% | −0.23 |
| BCE Bce Inc. | Reduce -9.4% | 0.36% | −0.21 |
| AMT American Tower Corp. | Reduce -11.6% | 0.37% | −0.20 |
| TJX TJX Companies Inc. | Reduce -10.2% | 0.68% | −0.20 |
| SBUX Starbucks Corp. | Reduce -11.4% | 0.36% | −0.17 |
| IPGP Ipg Photonics Corp. | Reduce -9.8% | 0.25% | −0.17 |
| WM Waste Management Inc. | Reduce -8.4% | 1.11% | −0.17 |
| PNC PNC Financial Services Group | Reduce -5.4% | 0.61% | −0.16 |
| INTC Intel Corp. | Reduce -5.6% | 0.31% | −0.16 |
| PLD Prologis Inc. | Reduce -3.4% | 0.45% | −0.15 |
| ITUB Itau Unibanco H-Spon PRF ADR | Reduce -11.0% | 0.32% | −0.13 |
| NOW ServiceNow Inc. | Reduce -9.3% | 0.46% | −0.13 |
| JLL Jones Lang Lasalle Inc. | Reduce -4.2% | 0.48% | −0.13 |
| MAR Marriott International Class A | Reduce -11.0% | 0.48% | −0.12 |
| CP Canadian Pacific Kansas City | Reduce -7.0% | 0.62% | −0.11 |
| CCK Crown Holdings Inc. | Reduce -7.7% | 0.19% | −0.11 |
| RSG Republic Services Inc. | Reduce -12.1% | 0.46% | −0.10 |
| BNY Bank of New York Mellon Corp. | Reduce -8.0% | 0.45% | −0.10 |
| ECL Ecolab Inc. | Reduce -8.0% | 0.59% | −0.10 |
| ICE Intercontinental Exchange Inc. | Reduce -3.7% | 0.46% | −0.10 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -14.3% | 0.33% | −0.10 |
| TXN Texas Instruments Inc. | Reduce -5.5% | 0.33% | −0.10 |
| A Agilent Technologies Inc. | Reduce -1.6% | 0.44% | −0.10 |
| BAP Credicorp Ltd. | Reduce -14.6% | 0.30% | −0.09 |
| BALL Ball Corp. | Reduce -8.5% | 0.52% | −0.09 |
| LPLA LPL Financial Holdings Inc. | Reduce -9.8% | 0.39% | −0.08 |
| MRK Merck & Co. Inc. | Reduce -5.8% | 0.78% | −0.08 |
| WAT Waters Corp. | Reduce -0.6% | 0.33% | −0.07 |
| IEX Idex Corp. | Reduce -8.2% | 0.31% | −0.07 |
Portfolio Buys Q4 2023 → Q1 2024
| NVDA Nvidia Corp. | Add +31.5% | 4.11% | +1.96 |
| RNR Renaissancere Holdings Ltd. | New | 1.23% | +1.23 |
| ADP Automatic Data Processing | Add +324.9% | 1.62% | +1.17 |
| AZO AutoZone Inc. | Add +116.5% | 1.89% | +0.99 |
| GOOGL Alphabet Inc. Class A | Add +130.6% | 1.88% | +0.93 |
| COO The Cooper Cos Inc. | New | 0.90% | +0.90 |
| ORCL Oracle Corp. | New | 0.87% | +0.87 |
| FISV Fiserv Inc. | Add +102.2% | 1.78% | +0.86 |
| CSL Carlisle Cos Inc. | Add +83.4% | 1.84% | +0.84 |
| HSY The Hershey Co. | Add +131.9% | 1.72% | +0.83 |
| V Visa Inc. Class A | Add +43.6% | 4.14% | +0.77 |
| IBN Icici Bank Ltd.-Spon ADR | Add +100.7% | 1.74% | +0.76 |
| UNH Unitedhealth Group Inc. | Add +146.0% | 1.59% | +0.73 |
| EW Edwards Lifesciences Corp. | New | 0.57% | +0.57 |
| DE Deere & Co. | Add +128.6% | 0.90% | +0.42 |
| WSO Watsco Inc. | Add +126.4% | 0.89% | +0.40 |
| CARR Carrier Global Corp. | Add +94.2% | 1.10% | +0.40 |
| ELV Elevance Health Inc. | Add +114.8% | 0.82% | +0.38 |
| SPGI S&P Global Inc. | Add +125.5% | 0.81% | +0.34 |
| POOL Pool Corp. | Add +101.4% | 0.83% | +0.32 |
| PANW Palo Alto Networks Inc. | New | 0.32% | +0.32 |
| CMG Chipotle Mexican Grill Inc. | New | 0.29% | +0.29 |
| ANSS Ansys Inc. | Add +63.2% | 1.10% | +0.22 |
| TMO Thermo Fisher Scientific Inc. | Add +17.4% | 4.87% | +0.12 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.2% | 2.07% | +0.09 |
| DIS The Walt Disney Co. | Add +1.3% | 0.63% | +0.05 |
| ROK Rockwell Automation Inc. | Add +40.2% | 0.87% | +0.04 |
| NSC Norfolk Southern Corp. | New | 0.03% | +0.03 |
| JNJ Johnson & Johnson | New | 0.02% | +0.02 |
| DHR Danaher Corp. | Add +16.9% | 2.72% | +0.02 |
| CGNX Cognex Corp. | Add +31.9% | 0.23% | +0.02 |
| VLTO Veralto Corp. | Add +8.3% | 0.21% | −0.02 |
| ADSK Autodesk Inc. | Add +9.0% | 0.31% | −0.02 |
| MTD Mettler-Toledo International | Add +5.4% | 0.30% | −0.03 |
| AWK American Water Works Co. Inc. | Add +29.9% | 0.78% | −0.03 |
| GILD Gilead Sciences Inc. | Add +30.4% | 0.53% | −0.03 |
| FSLR First Solar Inc. | Add +2.6% | 0.26% | −0.06 |
| GOOG Alphabet Inc. Class C | Add +5.2% | 2.11% | −0.22 |
| MSCI MSCI Inc. | Add +2.8% | 2.12% | −0.49 |
| MSFT Microsoft Corp. | Add +5.6% | 8.20% | −0.50 |
| HDB HDFC Bank Ltd.-ADR | Add +27.2% | 3.08% | −0.56 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 96 | $1.3B | NVDA, GOOGL, TSM, IBN, MA |
| Q1 2026 | 65 | $1.1B | NVDA, MSFT, MA, TMO, GOOGL |
| Q4 2025 | 52 | $1.7B | MSFT, NVDA, TMO, V, TSM |
| Q3 2025 | 50 | $1.8B | MSFT, NVDA, TMO, TSM, GOOGL |
| Q2 2025 | 57 | $1.8B | MSFT, NVDA, V, TMO, HDB |
| Q1 2025 | 57 | $1.8B | MSFT, NVDA, V, TMO, HDB |
| Q4 2024 | 56 | $1.9B | MSFT, NVDA, TMO, V, GOOGL |
| Q3 2024 | 56 | $2.0B | MSFT, NVDA, TMO, V, CARR |
| Q2 2024 | 56 | $1.8B | MSFT, TMO, NVDA, V, MA |
| Q1 2024 | 91 | $1.8B | MSFT, TMO, V, NVDA, MA |