Forsta Ap-Fonden
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 10, 2025), Forsta Ap-Fonden reported 550 stock positions worth $16.9 billion. Its top holding was Nvidia (NVDA) at 7.6% of the portfolio, followed by Apple (AAPL, 6.2%) and Spotify Technology (SPOT, 6.0%). Compared with Q2 2025, it opened 4 new positions, sold out of 11, added to 431 and reduced 110. The biggest buy was Apple (AAPL, shares +3%) and the biggest sale Spotify Technology (SPOT, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- STOCKHOLM, V7
- CIK
- 0001603328
- Portfolio Value
- $16.9B (Q3 2025)
- SEC Filing
- 0001603328-25-000009 ↗ filed Nov 10, 2025
Holdings Value
Holdings 550 stocks · $16.9B
| NVDA Nvidia Corp. | 7.58% | 6,854,100 | $1.3B | Add +4.1% |
| AAPL Apple Inc. | 6.25% | 4,138,000 | $1.1B | Add +3.4% |
| SPOT Spotify Technology SA | 6.03% | 1,456,252 | $1.0B | Reduce -5.3% |
| MSFT Microsoft Corp. | 5.97% | 1,942,500 | $1.0B | Add +4.2% |
| AMZN Amazon.com Inc. | 3.49% | 2,683,600 | $589.2M | Add +5.9% |
| META Meta Platforms Inc. Class A | 2.65% | 609,100 | $447.3M | Add +4.5% |
| AVGO Broadcom Inc. | 2.38% | 1,215,040 | $400.9M | Add +5.8% |
| GOOGL Alphabet Inc. Class A | 2.35% | 1,631,100 | $396.5M | Add +3.2% |
| TSLA Tesla Inc. | 2.03% | 770,000 | $342.4M | Add +6.8% |
| GOOG Alphabet Inc. Class C | 1.98% | 1,369,500 | $333.5M | Add +2.3% |
| JPM JPMorgan Chase & Co. | 1.38% | 735,000 | $231.8M | Add +3.8% |
| LLY Eli Lilly & Co. | 1.06% | 233,351 | $178.0M | Add +4.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.05% | 351,300 | $176.6M | Add +4.7% |
| V Visa Inc. Class A | 1.03% | 508,786 | $173.7M | Add +4.2% |
| NFLX Netflix Inc. | 0.91% | 127,500 | $152.9M | Add +4.3% |
| MA Mastercard Inc. Class A | 0.86% | 256,343 | $145.8M | Add +8.9% |
| ORCL Oracle Corp. | 0.72% | 430,900 | $121.2M | Add +2.7% |
| WMT Walmart Inc. | 0.70% | 1,150,700 | $118.6M | Reduce -1.0% |
| PLTR Palantir Technologies Inc. Class A | 0.67% | 618,200 | $112.8M | Add +8.6% |
| COST Costco Wholesale Corp. | 0.67% | 121,400 | $112.4M | Reduce -1.0% |
| JNJ Johnson & Johnson | 0.67% | 604,838 | $112.1M | Reduce -5.5% |
| HD Home Depot Inc. | 0.61% | 252,600 | $102.4M | Reduce -5.0% |
| ABBV Abbvie Inc. | 0.60% | 436,362 | $101.0M | Add +1.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.54% | 1,755,700 | $90.6M | Add +4.3% |
| PG The Procter & Gamble Co. | 0.53% | 580,600 | $89.2M | Reduce -8.7% |
| GE General Electric filed as GE AEROSPACE | 0.53% | 294,825 | $88.7M | Add +0.2% |
| GS Goldman Sachs Group Inc. | 0.45% | 96,300 | $76.7M | Add +10.9% |
| ABT Abbott Laboratories | 0.45% | 563,200 | $75.4M | Add +9.1% |
| UNH Unitedhealth Group Inc. | 0.45% | 217,500 | $75.1M | Add +2.7% |
| CRM Salesforce Inc. | 0.44% | 311,347 | $73.8M | Add +9.0% |
| MRK Merck & Co. Inc. | 0.41% | 831,800 | $69.8M | Add +4.8% |
| CSCO Cisco Systems Inc. | 0.40% | 995,800 | $68.1M | Add +9.1% |
| KO The Coca-Cola Co. | 0.39% | 987,500 | $65.5M | Reduce -5.1% |
| CAT Caterpillar Inc. | 0.39% | 137,200 | $65.5M | Add +0.3% |
| VZ Verizon Communications Inc. | 0.39% | 1,489,350 | $65.5M | Add +12.6% |
| INTU Intuit Inc. | 0.38% | 94,800 | $64.7M | Add +15.6% |
| WFC Wells Fargo & Co. | 0.38% | 760,600 | $63.8M | Add +3.5% |
| AMD Advanced Micro Devices | 0.37% | 384,161 | $62.2M | Add +10.0% |
| LRCX Lam Research Corp. | 0.37% | 463,800 | $62.1M | Add +15.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.37% | 219,800 | $62.0M | Reduce -3.6% |
| QCOM Qualcomm Inc. | 0.36% | 368,200 | $61.3M | Add +17.3% |
| APP AppLovin Corp. Class A | 0.35% | 82,700 | $59.4M | Reduce -5.4% |
| GEV GE Vernova Inc. | 0.35% | 95,331 | $58.6M | Add +6.0% |
| UBER Uber Technologies Inc. | 0.34% | 582,100 | $57.0M | Add +8.4% |
| AXP American Express Co. | 0.33% | 168,000 | $55.8M | Add +4.2% |
| MCD McDonald's Corp. | 0.33% | 183,100 | $55.6M | Reduce -0.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.32% | 471,400 | $54.0M | Reduce -2.5% |
| BKNG Booking Holdings Inc. | 0.30% | 9,500 | $51.3M | Reduce -7.8% |
| LIN Linde PLC | 0.30% | 107,700 | $51.2M | Reduce -5.4% |
| PGR Progressive Corp. | 0.30% | 206,000 | $50.9M | Add +7.0% |
| LOW Lowe's Cos Inc. | 0.29% | 192,500 | $48.4M | Add +10.2% |
| KLAC KLA Corp. | 0.29% | 44,600 | $48.1M | Add +50.2% |
| PEP Pepsico Inc. | 0.28% | 338,300 | $47.5M | Reduce -9.4% |
| NOW ServiceNow Inc. | 0.28% | 51,600 | $47.5M | Reduce -13.0% |
| ANET Arista Networks Inc. | 0.28% | 325,400 | $47.4M | Add +3.9% |
| T AT&T Inc. | 0.28% | 1,654,600 | $46.7M | Reduce -8.5% |
| RY Royal Bank of Canada | 0.28% | 315,100 | $46.5M | Reduce -7.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.27% | 318,100 | $46.0M | Reduce -8.6% |
| ACN Accenture PLC Class A | 0.27% | 183,229 | $45.2M | Add +4.5% |
| SCHW Schwab (charles) Corp. | 0.26% | 466,001 | $44.5M | Add +4.6% |
| AMAT Applied Materials Inc. | 0.26% | 215,000 | $44.0M | Reduce -18.6% |
| ADBE Adobe Inc. | 0.26% | 124,600 | $44.0M | Add +3.2% |
| ADP Automatic Data Processing | 0.26% | 148,500 | $43.6M | Add +12.8% |
| HOOD Robinhood Markets Inc. Class A | 0.25% | 298,700 | $42.8M | Add +28.5% |
| ETN Eaton Corp. PLC | 0.25% | 112,300 | $42.0M | Add +8.6% |
| SHOP Shopify Inc. Class A | 0.25% | 282,300 | $41.9M | Reduce -11.7% |
| BLK BlackRock Inc. | 0.25% | 35,600 | $41.5M | Add +10.2% |
| MS Morgan Stanley | 0.24% | 259,563 | $41.3M | Add +0.0% |
| TMUS T-Mobile US Inc. | 0.24% | 172,100 | $41.2M | Add +13.7% |
| ISRG Intuitive Surgical Inc. | 0.24% | 91,900 | $41.1M | Add +5.0% |
| SPGI S&P Global Inc. | 0.24% | 84,285 | $41.0M | Reduce -14.7% |
| MELI MercadoLibre Inc. | 0.24% | 17,500 | $40.9M | Add +37.8% |
| WELL Welltower Inc. | 0.24% | 228,800 | $40.8M | Add +14.8% |
| C Citigroup Inc. | 0.24% | 398,000 | $40.4M | Reduce -7.4% |
| MU Micron Technology Inc. | 0.24% | 239,600 | $40.1M | Add +6.2% |
| CEG Constellation Energy | 0.24% | 121,000 | $39.8M | Add +17.4% |
| APH Amphenol Corp. Class A | 0.23% | 313,000 | $38.7M | Add +4.8% |
| TMO Thermo Fisher Scientific Inc. | 0.23% | 79,570 | $38.6M | Add +0.3% |
| TT Trane Technologies PLC | 0.23% | 91,300 | $38.5M | Add +8.6% |
| CRH CRH PLC | 0.22% | 304,453 | $36.5M | Add +8.9% |
| TXN Texas Instruments Inc. | 0.22% | 198,300 | $36.4M | Add +1.2% |
| AMT American Tower Corp. | 0.22% | 188,800 | $36.3M | Add +35.8% |
| BSX Boston Scientific Corp. | 0.21% | 366,100 | $35.7M | Add +3.2% |
| PFE Pfizer Inc. | 0.21% | 1,380,200 | $35.2M | Add +7.5% |
| MDT Medtronic PLC | 0.20% | 361,200 | $34.4M | Add +17.3% |
| MMM 3M Co. | 0.20% | 218,754 | $33.9M | Add +4.3% |
| NEE Nextera Energy Inc. | 0.20% | 444,300 | $33.5M | Add +0.5% |
| SYK Stryker Corp. | 0.20% | 89,553 | $33.1M | Reduce -1.8% |
| HWM Howmet Aerospace Inc. | 0.19% | 167,500 | $32.9M | Reduce -4.2% |
| AMGN Amgen Inc. | 0.19% | 116,000 | $32.7M | Add +6.0% |
| CMCSA Comcast Corp. Class A | 0.19% | 1,034,028 | $32.5M | Add +3.8% |
| SHW The Sherwin-Williams Co. | 0.19% | 92,800 | $32.1M | Add +13.7% |
| SO The Southern Co. | 0.19% | 334,700 | $31.7M | Add +17.4% |
| INTC Intel Corp. | 0.19% | 937,546 | $31.5M | Add +5.7% |
| ECL Ecolab Inc. | 0.18% | 113,800 | $31.2M | Add +6.4% |
| BX Blackstone Inc. | 0.18% | 180,000 | $30.8M | Reduce -12.2% |
| ICE Intercontinental Exchange Inc. | 0.18% | 181,100 | $30.5M | Add +4.1% |
| TEL Te Connectivity PLC | 0.18% | 138,900 | $30.5M | Add +3.8% |
| MCK McKesson Corp. | 0.18% | 39,247 | $30.3M | Reduce -8.4% |
| TD Toronto-Dominion Bank | 0.18% | 377,100 | $30.2M | Add +2.9% |
Portfolio Sells Q2 2025 → Q3 2025
| SPOT Spotify Technology SA | Reduce -5.3% | 6.03% | −1.73 |
| PG The Procter & Gamble Co. | Reduce -8.7% | 0.53% | −0.14 |
| PANW Palo Alto Networks Inc. | Reduce -36.8% | 0.18% | −0.13 |
| COST Costco Wholesale Corp. | Reduce -1.0% | 0.67% | −0.13 |
| NOW ServiceNow Inc. | Reduce -13.0% | 0.28% | −0.12 |
| SPGI S&P Global Inc. | Reduce -14.7% | 0.24% | −0.10 |
| KO The Coca-Cola Co. | Reduce -5.1% | 0.39% | −0.10 |
| BKNG Booking Holdings Inc. | Reduce -7.8% | 0.30% | −0.09 |
| IBM Intl Business Machines Corp. | Reduce -3.6% | 0.37% | −0.07 |
| DIS The Walt Disney Co. | Reduce -2.5% | 0.32% | −0.07 |
| T AT&T Inc. | Reduce -8.5% | 0.28% | −0.07 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.06 |
| FICO Fair Isaac Corp. | Reduce -40.5% | 0.05% | −0.06 |
| FISV Fiserv Inc. | Reduce -4.1% | 0.11% | −0.06 |
| IT Gartner Inc. | Reduce -44.7% | 0.03% | −0.06 |
| AMAT Applied Materials Inc. | Reduce -18.6% | 0.26% | −0.06 |
| SYY Sysco Corp. | Reduce -49.3% | 0.05% | −0.05 |
| LIN Linde PLC | Reduce -5.4% | 0.30% | −0.05 |
| JNPR Juniper Networks Inc. | Sold out | 0.00% | −0.05 |
| HUBS HubSpot Inc. | Reduce -27.8% | 0.05% | −0.04 |
| WMT Walmart Inc. | Reduce -1.0% | 0.70% | −0.04 |
| MRSH Marsh & McLennan Cos | Reduce -3.7% | 0.17% | −0.04 |
| GWW WW Grainger Inc. | Reduce -16.3% | 0.10% | −0.04 |
| PEP Pepsico Inc. | Reduce -9.4% | 0.28% | −0.04 |
| AXON Axon Enterprise Inc. | Reduce -20.7% | 0.07% | −0.04 |
| SYK Stryker Corp. | Reduce -1.8% | 0.20% | −0.04 |
| GILD Gilead Sciences Inc. | Reduce -9.4% | 0.18% | −0.04 |
| AVTR Avantor Inc. | Sold out | 0.00% | −0.04 |
| PAYX Paychex Inc. | Reduce -18.6% | 0.06% | −0.03 |
| MCO Moody's Corp. | Reduce -2.3% | 0.18% | −0.03 |
| AFL Aflac Inc. | Reduce -29.2% | 0.07% | −0.03 |
| HD Home Depot Inc. | Reduce -5.0% | 0.61% | −0.03 |
| PPG PPG Industries Inc. | Reduce -22.4% | 0.06% | −0.03 |
| UNP Union Pacific Corp. | Reduce -9.1% | 0.18% | −0.03 |
| AIG American International Group | Reduce -23.5% | 0.06% | −0.03 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -59.5% | 0.02% | −0.03 |
| NKE Nike Inc. Class B | Reduce -11.1% | 0.10% | −0.03 |
| MCK McKesson Corp. | Reduce -8.4% | 0.18% | −0.03 |
| CM Can Imperial BK of Commerce | Reduce -20.1% | 0.11% | −0.02 |
| EXPE Expedia Group Inc. | Reduce -48.7% | 0.03% | −0.02 |
| MCD McDonald's Corp. | Reduce -0.2% | 0.33% | −0.02 |
| BNY Bank of New York Mellon Corp. | Reduce -21.7% | 0.12% | −0.02 |
| GIS General Mills Inc. | Reduce -25.5% | 0.04% | −0.02 |
| DUK Duke Energy Corp. | Reduce -7.2% | 0.15% | −0.02 |
| CNC Centene Corp. | Reduce -15.5% | 0.02% | −0.02 |
| GEHC GE Healthcare Technology | Reduce -24.6% | 0.04% | −0.02 |
| CHTR Charter Communications Inc. Class A | Reduce -2.3% | 0.03% | −0.02 |
| BX Blackstone Inc. | Reduce -12.2% | 0.18% | −0.02 |
| HWM Howmet Aerospace Inc. | Reduce -4.2% | 0.19% | −0.02 |
| CF CF Industries Holdings Inc. | Sold out | 0.00% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +3.4% | 6.25% | +0.85 |
| NVDA Nvidia Corp. | Add +4.1% | 7.58% | +0.75 |
| TSLA Tesla Inc. | Add +6.8% | 2.03% | +0.53 |
| GOOGL Alphabet Inc. Class A | Add +3.2% | 2.35% | +0.52 |
| GOOG Alphabet Inc. Class C | Add +2.3% | 1.98% | +0.42 |
| AVGO Broadcom Inc. | Add +5.8% | 2.38% | +0.30 |
| PLTR Palantir Technologies Inc. Class A | Add +8.6% | 0.67% | +0.16 |
| WDC Western Digital Corp. | Add +193.3% | 0.15% | +0.12 |
| ORCL Oracle Corp. | Add +2.7% | 0.72% | +0.12 |
| LRCX Lam Research Corp. | Add +15.6% | 0.37% | +0.11 |
| HOOD Robinhood Markets Inc. Class A | Add +28.5% | 0.25% | +0.11 |
| KLAC KLA Corp. | Add +50.2% | 0.29% | +0.11 |
| EXC Exelon Corp. | Add +121.5% | 0.15% | +0.08 |
| ABBV Abbvie Inc. | Add +1.8% | 0.60% | +0.08 |
| ANET Arista Networks Inc. | Add +3.9% | 0.28% | +0.07 |
| XYZ Block Inc. | Add +113.5% | 0.12% | +0.06 |
| INTC Intel Corp. | Add +5.7% | 0.19% | +0.06 |
| MU Micron Technology Inc. | Add +6.2% | 0.24% | +0.05 |
| AEP American Electric Power | Add +50.8% | 0.17% | +0.05 |
| GS Goldman Sachs Group Inc. | Add +10.9% | 0.45% | +0.05 |
| CRH CRH PLC | Add +8.9% | 0.22% | +0.05 |
| RMD Resmed Inc. | Add +59.8% | 0.13% | +0.05 |
| B Barrick Mining Corp. | Add +36.3% | 0.09% | +0.04 |
| KGC Kinross Gold Corp. | Add +10.9% | 0.12% | +0.04 |
| AMD Advanced Micro Devices | Add +10.0% | 0.37% | +0.04 |
| CLX Clorox Company | Add +206.3% | 0.06% | +0.04 |
| AFRM Affirm Holdings Inc. | New | 0.04% | +0.04 |
| WELL Welltower Inc. | Add +14.8% | 0.24% | +0.04 |
| CAT Caterpillar Inc. | Add +0.3% | 0.39% | +0.04 |
| SOFI Sofi Technologies Inc. | New | 0.04% | +0.04 |
| APH Amphenol Corp. Class A | Add +4.8% | 0.23% | +0.04 |
| GEV GE Vernova Inc. | Add +6.0% | 0.35% | +0.03 |
| QCOM Qualcomm Inc. | Add +17.3% | 0.36% | +0.03 |
| WSM Williams-Sonoma Inc. | Add +43.0% | 0.10% | +0.03 |
| CLS Celestica Inc. | Add +0.4% | 0.11% | +0.03 |
| TEL Te Connectivity PLC | Add +3.8% | 0.18% | +0.03 |
| LOW Lowe's Cos Inc. | Add +10.2% | 0.29% | +0.03 |
| ESS Essex Property Trust Inc. | Add +138.6% | 0.06% | +0.03 |
| TPR Tapestry Inc. | New | 0.03% | +0.03 |
| GPN Global Payments Inc. | Add +147.3% | 0.05% | +0.03 |
| DPZ Domino's Pizza Inc. | Add +169.2% | 0.05% | +0.03 |
| IDXX Idexx Laboratories Inc. | Add +16.4% | 0.15% | +0.03 |
| GE General Electric | Add +0.2% | 0.53% | +0.03 |
| NEM Newmont Corp. | Add +1.4% | 0.12% | +0.03 |
| CG The Carlyle Group Inc. | Add +70.6% | 0.06% | +0.03 |
| LULU Lululemon Athletica Inc. | Add +151.2% | 0.07% | +0.03 |
| MDT Medtronic PLC | Add +17.3% | 0.20% | +0.03 |
| GLW Corning Inc. | Add +5.4% | 0.08% | +0.03 |
| DLTR Dollar Tree Inc. | Add +136.0% | 0.05% | +0.03 |
| RKLB Rocket Lab Corp. | New | 0.03% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1 | $1 | ACM |
| Q1 2026 | 0 | $0 | |
| Q4 2025 | 551 | $16.8B | NVDA, AAPL, MSFT, SPOT, AMZN |
| Q3 2025 | 550 | $16.9B | NVDA, AAPL, SPOT, MSFT, AMZN |
| Q2 2025 | 557 | $15.2B | SPOT, NVDA, MSFT, AAPL, AMZN |
| Q1 2025 | 562 | $13.2B | AAPL, SPOT, NVDA, MSFT, AMZN |
| Q4 2024 | 566 | $14.1B | AAPL, NVDA, MSFT, SPOT, AMZN |
| Q3 2024 | 559 | $13.0B | AAPL, MSFT, NVDA, AMZN, META |
| Q2 2024 | 573 | $11.3B | MSFT, NVDA, AAPL, AMZN, META |
| Q1 2024 | 575 | $11.8B | MSFT, AAPL, NVDA, AMZN, META |