Formuepleje A/S
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed August 27, 2026), Formuepleje A/S reported 56 stock positions worth $1.9 billion. Its top holding was Microsoft (MSFT) at 6.8% of the portfolio, followed by Nvidia (NVDA, 6.0%) and Thermo Fisher Scientific (TMO, 5.6%). Compared with Q3 2024, it opened 3 new positions, sold out of 3, added to 15 and reduced 37. The biggest buy was a new position in Xylem (XYL) and the biggest sale an exit from Iqvia (IQV).
- Most Recent 13F
- Q2 2026
- Location
- AARHUS C, G7
- CIK
- 0001801212
- Portfolio Value
- $1.9B (Q4 2024)
- SEC Filing
- 0001172661-26-004093 ↗ filed Aug 27, 2026
Holdings Value
Holdings 56 stocks · $1.9B
| MSFT Microsoft Corp. | 6.83% | 300,443 | $126.6M | Add +1.2% |
| NVDA Nvidia Corp. | 5.99% | 827,352 | $111.1M | Reduce -8.8% |
| TMO Thermo Fisher Scientific Inc. | 5.60% | 199,728 | $103.9M | Add +13.2% |
| V Visa Inc. Class A | 5.33% | 312,642 | $98.8M | Reduce -6.2% |
| GOOGL Alphabet Inc. Class A | 4.40% | 430,696 | $81.5M | Reduce -4.0% |
| AMZN Amazon.com Inc. | 4.15% | 350,989 | $77.0M | Reduce -11.6% |
| MA Mastercard Inc. Class A | 4.10% | 144,235 | $75.9M | Reduce -9.3% |
| AZO AutoZone Inc. | 3.91% | 22,630 | $72.5M | Add +1.5% |
| IBN Icici Bank Ltd.-Spon ADR | 3.77% | 2,337,749 | $69.8M | Reduce -1.8% |
| FISV Fiserv Inc. | 3.65% | 329,500 | $67.7M | Reduce -18.5% |
| CARR Carrier Global Corp. | 3.62% | 982,168 | $67.0M | Reduce -6.5% |
| UNH Unitedhealth Group Inc. | 3.24% | 118,863 | $60.1M | Add +1.3% |
| CSL Carlisle Cos Inc. | 3.15% | 158,308 | $58.4M | Reduce -9.2% |
| HDB HDFC Bank Ltd.-ADR | 2.89% | 838,118 | $53.5M | Reduce -7.4% |
| TSM Taiwan Semiconductor-SP ADR | 2.12% | 198,983 | $39.3M | Reduce -10.2% |
| BSX Boston Scientific Corp. | 2.03% | 421,037 | $37.6M | Reduce -13.1% |
| SPGI S&P Global Inc. | 1.90% | 70,548 | $35.1M | Add +2.4% |
| ADP Automatic Data Processing | 1.89% | 119,444 | $35.0M | Reduce -6.1% |
| PCTY Paylocity Holding Corp. | 1.87% | 173,420 | $34.6M | Reduce -19.3% |
| ELV Elevance Health Inc. | 1.80% | 90,368 | $33.3M | Add +55.0% |
| DE Deere & Co. | 1.78% | 78,102 | $33.1M | Reduce -2.8% |
| POOL Pool Corp. | 1.78% | 96,584 | $32.9M | Reduce -0.1% |
| SCI Service Corp. International | 1.74% | 404,128 | $32.3M | Reduce -4.8% |
| KVUE Kenvue Inc. | 1.74% | 1,508,408 | $32.2M | Add +0.4% |
| WSO Watsco Inc. | 1.68% | 65,618 | $31.1M | Reduce -9.7% |
| MRSH Marsh & McLennan Cos | 1.66% | 145,042 | $30.8M | Reduce -6.5% |
| RNR Renaissancere Holdings Ltd. | 1.59% | 118,177 | $29.4M | Add +28.8% |
| CDNS Cadence Design SYS Inc. | 1.56% | 96,302 | $28.9M | Reduce -0.2% |
| ORCL Oracle Corp. | 1.54% | 171,182 | $28.5M | Reduce -2.9% |
| ADI Analog Devices Inc. | 1.43% | 125,128 | $26.6M | Reduce -1.2% |
| AMAT Applied Materials Inc. | 1.32% | 150,966 | $24.6M | Add +12.8% |
| HUBB Hubbell Inc. | 1.27% | 55,997 | $23.5M | Reduce -5.1% |
| CTAS Cintas Corp. | 1.15% | 116,641 | $21.3M | Reduce -19.3% |
| DHR Danaher Corp. | 1.06% | 85,348 | $19.6M | Add +8.6% |
| XYL Xylem Inc. | 0.94% | 149,612 | $17.4M | New |
| COO The Cooper Cos Inc. | 0.89% | 178,790 | $16.4M | Reduce -7.3% |
| VOYA Voya Financial Inc. | 0.80% | 214,601 | $14.8M | New |
| ISRG Intuitive Surgical Inc. | 0.52% | 18,409 | $9.6M | New |
| URI United Rentals Inc. | 0.45% | 11,889 | $8.4M | Reduce -12.9% |
| A Agilent Technologies Inc. | 0.34% | 47,398 | $6.4M | Add +0.9% |
| WM Waste Management Inc. | 0.32% | 29,564 | $6.0M | Reduce -7.5% |
| WAT Waters Corp. | 0.26% | 13,194 | $4.9M | Add +8.4% |
| TXN Texas Instruments Inc. | 0.20% | 20,243 | $3.8M | Reduce -16.2% |
| SNPS Synopsys Inc. | 0.20% | 7,579 | $3.7M | Reduce -8.8% |
| ANSS Ansys Inc. | 0.19% | 10,244 | $3.5M | Reduce -11.0% |
| MTD Mettler-Toledo International | 0.19% | 2,809 | $3.4M | Reduce -4.6% |
| UNP Union Pacific Corp. | 0.18% | 14,939 | $3.4M | Add +11.0% |
| ADSK Autodesk Inc. | 0.17% | 10,632 | $3.1M | Reduce -13.9% |
| VLTO Veralto Corp. | 0.16% | 29,010 | $3.0M | Reduce -2.0% |
| RSG Republic Services Inc. | 0.15% | 14,105 | $2.8M | Reduce -10.9% |
| IEX Idex Corp. | 0.15% | 13,414 | $2.8M | Reduce -15.0% |
| CGNX Cognex Corp. | 0.14% | 72,456 | $2.6M | Add +0.3% |
| FERG Ferguson Enterprises Inc. | 0.11% | 14,012 | $1.9M | Add +2.4% |
| AWK American Water Works Co. Inc. | 0.10% | 14,886 | $1.9M | Reduce -35.5% |
| NSC Norfolk Southern Corp. | 0.02% | 1,264 | $297K | No change |
| JNJ Johnson & Johnson | 0.01% | 1,419 | $205K | Reduce -22.0% |
Portfolio Sells Q3 2024 → Q4 2024
| IQV Iqvia Holdings Inc. | Sold out | 0.00% | −1.73 |
| BDX Becton Dickinson and Co. | Sold out | 0.00% | −0.99 |
| CSL Carlisle Cos Inc. | Reduce -9.2% | 3.15% | −0.86 |
| CARR Carrier Global Corp. | Reduce -6.5% | 3.62% | −0.71 |
| CTAS Cintas Corp. | Reduce -19.3% | 1.15% | −0.37 |
| COO The Cooper Cos Inc. | Reduce -7.3% | 0.89% | −0.20 |
| WSO Watsco Inc. | Reduce -9.7% | 1.68% | −0.15 |
| URI United Rentals Inc. | Reduce -12.9% | 0.45% | −0.11 |
| CCK Crown Holdings Inc. | Sold out | 0.00% | −0.11 |
| MRSH Marsh & McLennan Cos | Reduce -6.5% | 1.66% | −0.11 |
| POOL Pool Corp. | Reduce -0.1% | 1.78% | −0.09 |
| AWK American Water Works Co. Inc. | Reduce -35.5% | 0.10% | −0.07 |
| FISV Fiserv Inc. | Reduce -18.5% | 3.65% | −0.06 |
| ADI Analog Devices Inc. | Reduce -1.2% | 1.43% | −0.06 |
| TXN Texas Instruments Inc. | Reduce -16.2% | 0.20% | −0.05 |
| BSX Boston Scientific Corp. | Reduce -13.1% | 2.03% | −0.05 |
| MTD Mettler-Toledo International | Reduce -4.6% | 0.19% | −0.04 |
| HUBB Hubbell Inc. | Reduce -5.1% | 1.27% | −0.03 |
| IEX Idex Corp. | Reduce -15.0% | 0.15% | −0.02 |
| WM Waste Management Inc. | Reduce -7.5% | 0.32% | −0.02 |
| SNPS Synopsys Inc. | Reduce -8.8% | 0.20% | −0.02 |
| VLTO Veralto Corp. | Reduce -2.0% | 0.16% | −0.01 |
| RSG Republic Services Inc. | Reduce -10.9% | 0.15% | −0.01 |
| HDB HDFC Bank Ltd.-ADR | Reduce -7.4% | 2.89% | −0.01 |
| ADSK Autodesk Inc. | Reduce -13.9% | 0.17% | −0.00 |
| JNJ Johnson & Johnson | Reduce -22.0% | 0.01% | −0.00 |
| ANSS Ansys Inc. | Reduce -11.0% | 0.19% | −0.00 |
| ORCL Oracle Corp. | Reduce -2.9% | 1.54% | +0.00 |
| SCI Service Corp. International | Reduce -4.8% | 1.74% | +0.03 |
| PCTY Paylocity Holding Corp. | Reduce -19.3% | 1.87% | +0.05 |
| DE Deere & Co. | Reduce -2.8% | 1.78% | +0.07 |
| MA Mastercard Inc. Class A | Reduce -9.3% | 4.10% | +0.08 |
| ADP Automatic Data Processing | Reduce -6.1% | 1.89% | +0.09 |
| IBN Icici Bank Ltd.-Spon ADR | Reduce -1.8% | 3.77% | +0.13 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -10.2% | 2.12% | +0.15 |
| CDNS Cadence Design SYS Inc. | Reduce -0.2% | 1.56% | +0.22 |
| NVDA Nvidia Corp. | Reduce -8.8% | 5.99% | +0.36 |
| AMZN Amazon.com Inc. | Reduce -11.6% | 4.15% | +0.37 |
| GOOGL Alphabet Inc. Class A | Reduce -4.0% | 4.40% | +0.59 |
| V Visa Inc. Class A | Reduce -6.2% | 5.33% | +0.64 |
Portfolio Buys Q3 2024 → Q4 2024
| XYL Xylem Inc. | New | 0.94% | +0.94 |
| VOYA Voya Financial Inc. | New | 0.80% | +0.80 |
| ISRG Intuitive Surgical Inc. | New | 0.52% | +0.52 |
| AZO AutoZone Inc. | Add +1.5% | 3.91% | +0.31 |
| RNR Renaissancere Holdings Ltd. | Add +28.8% | 1.59% | +0.31 |
| MSFT Microsoft Corp. | Add +1.2% | 6.83% | +0.29 |
| ELV Elevance Health Inc. | Add +55.0% | 1.80% | +0.25 |
| SPGI S&P Global Inc. | Add +2.4% | 1.90% | +0.07 |
| WAT Waters Corp. | Add +8.4% | 0.26% | +0.04 |
| TMO Thermo Fisher Scientific Inc. | Add +13.2% | 5.60% | +0.02 |
| UNP Union Pacific Corp. | Add +11.0% | 0.18% | +0.01 |
| FERG Ferguson Enterprises Inc. | Add +2.4% | 0.11% | +0.00 |
| CGNX Cognex Corp. | Add +0.3% | 0.14% | −0.01 |
| A Agilent Technologies Inc. | Add +0.9% | 0.34% | −0.01 |
| KVUE Kenvue Inc. | Add +0.4% | 1.74% | −0.04 |
| AMAT Applied Materials Inc. | Add +12.8% | 1.32% | −0.06 |
| DHR Danaher Corp. | Add +8.6% | 1.06% | −0.06 |
| UNH Unitedhealth Group Inc. | Add +1.3% | 3.24% | −0.27 |
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 |