Maj Invest Holding A/S
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 10, 2024), Maj Invest Holding A/S reported 39 stock positions worth $3.8 billion. Its top holding was Alphabet Class A (GOOGL) at 6.4% of the portfolio, followed by Lowe's Cos (LOW, 6.1%) and Qualcomm (QCOM, 6.1%). Compared with Q2 2024, it opened 3 new positions, sold out of 1, added to 3 and reduced 20. The biggest buy was a new position in Qualcomm (QCOM) and the biggest sale an exit from KLA (KLAC).
- Most Recent 13F
- Q2 2026
- Location
- COPENHAGEN K, G7
- CIK
- 0001730525
- Portfolio Value
- $3.8B (Q3 2024)
- SEC Filing
- 0001730525-24-000009 ↗ filed Oct 10, 2024
Holdings Value
Holdings 39 stocks · $3.8B
| GOOGL Alphabet Inc. Class A | 6.40% | 1,455,486 | $241.4M | Add +9.7% |
| LOW Lowe's Cos Inc. | 6.11% | 850,764 | $230.4M | Reduce -1.4% |
| QCOM Qualcomm Inc. | 6.08% | 1,347,120 | $229.1M | New |
| AXP American Express Co. | 5.89% | 818,204 | $221.9M | Reduce -21.0% |
| AZO AutoZone Inc. | 5.37% | 64,305 | $202.6M | Reduce -1.4% |
| CSX CSX Corp. | 5.04% | 5,499,064 | $189.9M | Reduce -11.2% |
| HPQ HP Inc. | 4.98% | 5,233,707 | $187.7M | Reduce -13.0% |
| NEM Newmont Corp. | 4.79% | 3,381,746 | $180.8M | Reduce -1.3% |
| FISV Fiserv Inc. | 4.59% | 962,935 | $173.0M | New |
| CI The Cigna Group | 4.57% | 496,906 | $172.1M | Reduce -1.4% |
| KR Kroger Co. | 4.53% | 2,977,936 | $170.6M | Reduce -32.3% |
| UNP Union Pacific Corp. | 4.42% | 676,098 | $166.6M | Add +0.3% |
| ELV Elevance Health Inc. | 4.36% | 316,260 | $164.5M | Reduce -1.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.31% | 352,685 | $162.3M | Reduce -1.6% |
| AFL Aflac Inc. | 4.20% | 1,416,607 | $158.4M | Reduce -1.3% |
| PKG Packaging Corp. of America | 4.17% | 729,817 | $157.2M | Reduce -30.9% |
| META Meta Platforms Inc. Class A | 3.82% | 251,842 | $144.2M | Reduce -32.4% |
| JNJ Johnson & Johnson | 3.37% | 783,676 | $127.0M | Reduce -1.4% |
| UPS United Parcel Service Class B | 3.14% | 867,064 | $118.2M | Add +86.5% |
| AMP Ameriprise Financial Inc. | 2.62% | 210,168 | $98.7M | New |
| GS Goldman Sachs Group Inc. | 2.50% | 190,506 | $94.3M | Reduce -63.4% |
| SCI Service Corp. International | 1.68% | 804,647 | $63.5M | Reduce -1.4% |
| MU Micron Technology Inc. | 1.49% | 541,435 | $56.2M | Reduce -35.1% |
| TER Teradyne Inc. | 1.24% | 348,532 | $46.7M | Reduce -1.4% |
| B Barrick Gold Corp. | 0.26% | 484,658 | $9.6M | Reduce -1.5% |
| INTC Intel Corp. | 0.05% | 87,198 | $2.0M | Reduce -1.4% |
| V Visa Inc. Class A | 0.01% | 750 | $206K | No change |
| TXN Texas Instruments Inc. | 0.00% | 650 | $134K | No change |
| UNH Unitedhealth Group Inc. | 0.00% | 222 | $130K | No change |
| PFE Pfizer Inc. | 0.00% | 4,000 | $116K | No change |
| USB US Bancorp | 0.00% | 2,500 | $114K | No change |
| ROK Rockwell Automation Inc. | 0.00% | 400 | $107K | No change |
| SONY Sony Group Corp. - SP ADR | 0.00% | 1,100 | $106K | No change |
| BIDU Baidu Inc. - Spon ADR | 0.00% | 850 | $89K | No change |
| JKS Jinkosolar Holding Co.-ADR | 0.00% | 3,200 | $86K | No change |
| RUN Sunrun Inc. | 0.00% | 4,700 | $85K | No change |
| MRNA Moderna Inc. | 0.00% | 990 | $66K | No change |
| CVS CVS Health Corp. | 0.00% | 540 | $34K | No change |
| BBWI Bath & Body Works Inc. | 0.00% | 479 | $15K | No change |
Portfolio Sells Q2 2024 → Q3 2024
| KLAC KLA Corp. | Sold out | 0.00% | −4.30 |
| GS Goldman Sachs Group Inc. | Reduce -63.4% | 2.50% | −4.04 |
| KR Kroger Co. | Reduce -32.3% | 4.53% | −1.58 |
| MU Micron Technology Inc. | Reduce -35.1% | 1.49% | −1.56 |
| META Meta Platforms Inc. Class A | Reduce -32.4% | 3.82% | −1.40 |
| PKG Packaging Corp. of America | Reduce -30.9% | 4.17% | −1.19 |
| HPQ HP Inc. | Reduce -13.0% | 4.98% | −0.88 |
| AXP American Express Co. | Reduce -21.0% | 5.89% | −0.79 |
| CSX CSX Corp. | Reduce -11.2% | 5.04% | −0.72 |
| ELV Elevance Health Inc. | Reduce -1.4% | 4.36% | −0.47 |
| TER Teradyne Inc. | Reduce -1.4% | 1.24% | −0.22 |
| CI The Cigna Group | Reduce -1.4% | 4.57% | −0.07 |
| INTC Intel Corp. | Reduce -1.4% | 0.05% | −0.02 |
| AZO AutoZone Inc. | Reduce -1.4% | 5.37% | −0.00 |
| B Barrick Gold Corp. | Reduce -1.5% | 0.26% | +0.03 |
| SCI Service Corp. International | Reduce -1.4% | 1.68% | +0.07 |
| JNJ Johnson & Johnson | Reduce -1.4% | 3.37% | +0.14 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.6% | 4.31% | +0.25 |
| AFL Aflac Inc. | Reduce -1.3% | 4.20% | +0.64 |
| NEM Newmont Corp. | Reduce -1.3% | 4.79% | +0.80 |
| LOW Lowe's Cos Inc. | Reduce -1.4% | 6.11% | +0.82 |
Portfolio Buys Q2 2024 → Q3 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 38 | $2.2B | QCOM, BRK.B, META, HPQ, AMAT |
| Q1 2026 | 38 | $2.3B | BRK.B, QCOM, HPQ, CSX, META |
| Q4 2025 | 38 | $2.1B | BRK.B, QCOM, AMAT, AMP, CSX |
| Q3 2025 | 42 | $2.9B | GOOGL, BRK.B, AMAT, QCOM, LOW |
| Q2 2025 | 42 | $2.9B | AMAT, CSX, QCOM, GOOGL, BRK.B |
| Q1 2025 | 45 | $2.8B | ELV, BRK.B, GOOGL, QCOM, LOW |
| Q4 2024 | 40 | $3.0B | GOOGL, AMP, LOW, QCOM, AZO |
| Q3 2024 | 39 | $3.8B | GOOGL, LOW, QCOM, AXP, AZO |
| Q2 2024 | 37 | $3.6B | GOOGL, AXP, GS, KR, HPQ |
| Q1 2024 | 36 | $3.7B | CI, GS, GOOGL, AXP, CSX |