Nordea Investment Management AB
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 5, 2026), Nordea Investment Management AB reported 921 stock positions worth $122.6 billion. Its top holding was Nvidia (NVDA) at 6.4% of the portfolio, followed by Apple (AAPL, 5.4%) and Microsoft (MSFT, 4.0%). Compared with Q1 2026, it opened 117 new positions, sold out of 62, added to 478 and reduced 321. The biggest buy was Intel (INTC, shares +328%) and the biggest sale Merck (MRK, shares −59%).
- Most Recent 13F
- Q2 2026
- Location
- STOCKHOLM, V7
- CIK
- 0001218210
- Portfolio Value
- $122.6B (Q2 2026)
- SEC Filing
- 0001218210-26-000015 ↗ filed Aug 5, 2026
Holdings Value
Holdings 921 stocks · $122.6B
| NVDA Nvidia Corp. | 6.40% | 39,844,770 | $7.9B | Reduce -1.5% |
| AAPL Apple Inc. | 5.42% | 23,171,514 | $6.6B | Add +1.5% |
| MSFT Microsoft Corp. | 4.05% | 13,417,667 | $5.0B | Reduce -0.8% |
| AVGO Broadcom Inc. | 2.93% | 9,596,088 | $3.6B | Reduce -5.2% |
| AMZN Amazon.com Inc. | 2.87% | 14,792,443 | $3.5B | Reduce -3.0% |
| GOOGL Alphabet Inc. Class A | 2.57% | 8,898,867 | $3.2B | Reduce -0.8% |
| GOOG Alphabet Inc. Class C | 2.54% | 8,841,020 | $3.1B | Add +0.4% |
| MU Micron Technology Inc. | 1.77% | 1,912,747 | $2.2B | Reduce -2.3% |
| LRCX Lam Research Corp. | 1.75% | 4,966,479 | $2.1B | Reduce -19.8% |
| AMD Advanced Micro Devices | 1.45% | 3,200,884 | $1.8B | Reduce -25.6% |
| LLY Eli Lilly & Co. | 1.45% | 1,477,275 | $1.8B | Add +1.1% |
| CSCO Cisco Systems Inc. | 1.40% | 14,458,602 | $1.7B | Reduce -12.3% |
| AMAT Applied Materials Inc. | 1.19% | 1,999,444 | $1.5B | Reduce -2.1% |
| META Meta Platforms Inc. Class A | 1.11% | 2,458,915 | $1.4B | Add +8.0% |
| JNJ Johnson & Johnson | 1.04% | 5,024,318 | $1.3B | Add +7.3% |
| JPM JPMorgan Chase & Co. | 1.00% | 3,708,233 | $1.2B | Add +2.0% |
| ABBV Abbvie Inc. | 0.99% | 4,805,342 | $1.2B | Add +9.6% |
| C Citigroup Inc. | 0.95% | 8,246,368 | $1.2B | Add +0.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.89% | 7,223,350 | $1.1B | Add +0.3% |
| MA Mastercard Inc. Class A | 0.86% | 2,064,271 | $1.1B | Reduce -9.1% |
| FTNT Fortinet Inc. | 0.84% | 6,782,111 | $1.0B | Reduce -1.9% |
| TT Trane Technologies PLC | 0.81% | 2,016,899 | $992.6M | Reduce -23.2% |
| GEV GE Vernova Inc. | 0.76% | 818,878 | $928.2M | Add +29.4% |
| DELL Dell Technologies -C | 0.75% | 2,153,604 | $925.6M | Reduce -0.9% |
| AXP American Express Co. | 0.73% | 2,610,019 | $890.0M | Add +2.6% |
| WAB Wabtec Corp. | 0.68% | 3,093,207 | $835.5M | Reduce -13.0% |
| V Visa Inc. Class A | 0.68% | 2,419,503 | $828.5M | Reduce -1.7% |
| AMGN Amgen Inc. | 0.65% | 2,239,516 | $802.3M | Reduce -11.1% |
| MRVL Marvell Technology Inc. | 0.64% | 2,650,874 | $779.9M | Reduce -23.2% |
| MCK McKesson Corp. | 0.61% | 1,004,498 | $752.9M | Add +1.7% |
| NFLX Netflix Inc. | 0.61% | 10,382,920 | $749.8M | Add +4.5% |
| EMR Emerson Electric Co. | 0.61% | 5,207,019 | $746.5M | Reduce -12.9% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.54% | 883,863 | $667.7M | Add +3.2% |
| WM Waste Management Inc. | 0.54% | 2,957,041 | $657.2M | Reduce -14.7% |
| EBAY eBay Inc. | 0.53% | 5,945,915 | $654.9M | Reduce -10.6% |
| INTC Intel Corp. | 0.53% | 4,764,682 | $654.2M | Add +327.6% |
| GILD Gilead Sciences Inc. | 0.53% | 5,152,239 | $647.9M | Reduce -2.1% |
| EQIX Equinix Inc. | 0.51% | 598,929 | $628.9M | Add +10.1% |
| EXC Exelon Corp. | 0.50% | 13,226,544 | $618.5M | Add +28.6% |
| ROK Rockwell Automation Inc. | 0.50% | 1,235,953 | $607.9M | Add +26.8% |
| HIG Hartford Insurance Group Inc. | 0.49% | 4,541,062 | $605.7M | Add +2.6% |
| ANET Arista Networks Inc. | 0.47% | 3,444,227 | $580.7M | Reduce -15.3% |
| LIN Linde PLC | 0.46% | 1,085,305 | $561.9M | Reduce -42.5% |
| SNA Snap-on Inc. | 0.46% | 1,393,421 | $558.0M | Add +1.4% |
| HCA HCA Healthcare Inc. | 0.45% | 1,429,943 | $553.7M | Reduce -1.2% |
| NEE Nextera Energy Inc. | 0.44% | 6,140,594 | $538.8M | Reduce -17.7% |
| STLD Steel Dynamics Inc. | 0.42% | 2,249,235 | $519.6M | Add +1.5% |
| WFC Wells Fargo & Co. | 0.42% | 6,112,176 | $509.1M | Add +1.6% |
| CFG Citizens Financial Group | 0.42% | 7,260,023 | $509.0M | Reduce -0.9% |
| UPS United Parcel Service Class B | 0.41% | 4,718,165 | $501.6M | Add +8.6% |
| ECL Ecolab Inc. | 0.41% | 1,792,656 | $499.3M | Add +1.9% |
| STT State Street Corp. | 0.39% | 2,844,675 | $482.5M | Reduce -0.7% |
| WELL Welltower Inc. | 0.39% | 2,099,648 | $479.7M | Add +3.4% |
| ZTS Zoetis Inc. | 0.38% | 6,592,578 | $471.7M | Add +12.4% |
| NOW ServiceNow Inc. | 0.38% | 4,753,633 | $463.2M | Add +18.4% |
| BMY Bristol-Myers Squibb Co. | 0.38% | 8,052,294 | $462.9M | Add +296.1% |
| TSLA Tesla Inc. | 0.38% | 1,109,755 | $459.8M | Add +2.9% |
| NEM Newmont Corp. | 0.37% | 4,924,995 | $456.5M | Reduce -4.7% |
| PANW Palo Alto Networks Inc. | 0.37% | 1,344,016 | $452.1M | Reduce -37.4% |
| MRK Merck & Co. Inc. | 0.36% | 3,503,750 | $445.1M | Reduce -58.9% |
| IR Ingersoll-Rand Inc. | 0.36% | 5,455,360 | $444.7M | Add +225.2% |
| NUE Nucor Corp. | 0.36% | 1,972,960 | $439.5M | Add +1.3% |
| SCHW Schwab (charles) Corp. | 0.36% | 4,704,530 | $436.5M | Add +28.1% |
| VZ Verizon Communications Inc. | 0.35% | 10,267,871 | $433.1M | Reduce -3.6% |
| MET Metlife Inc. | 0.35% | 5,036,410 | $429.0M | Add +5.1% |
| RCL Royal Caribbean Cruises Ltd. | 0.34% | 1,324,110 | $420.5M | Reduce -6.3% |
| IEX Idex Corp. | 0.34% | 1,842,144 | $419.0M | Reduce -1.7% |
| KR Kroger Co. | 0.34% | 7,495,314 | $413.8M | Add +18.3% |
| SYF Synchrony Financial | 0.34% | 5,303,927 | $411.0M | Add +1.0% |
| CI The Cigna Group | 0.33% | 1,476,499 | $409.7M | Add +15.8% |
| CGNX Cognex Corp. | 0.33% | 5,820,165 | $407.4M | Reduce -5.2% |
| CTAS Cintas Corp. | 0.33% | 2,403,360 | $404.7M | Reduce -12.5% |
| PNR Pentair PLC | 0.33% | 5,284,291 | $402.0M | Add +34.7% |
| GIS General Mills Inc. | 0.33% | 11,315,097 | $401.7M | Add +6.9% |
| PEP Pepsico Inc. | 0.33% | 2,934,401 | $401.0M | Reduce -1.0% |
| KHC The Kraft Heinz Co. | 0.33% | 16,565,504 | $399.2M | Add +8.3% |
| GE General Electric filed as GE AEROSPACE | 0.32% | 1,051,073 | $392.2M | Add +26.9% |
| TEL Te Connectivity PLC | 0.31% | 1,891,120 | $380.8M | Reduce -0.6% |
| GFL GFL Environmental Inc.-Sub VT | 0.31% | 10,483,301 | $380.1M | Add +26.8% |
| KO The Coca-Cola Co. | 0.31% | 4,627,812 | $378.9M | Reduce -14.6% |
| COR Cencora Inc. | 0.31% | 1,341,795 | $376.1M | Add +2.4% |
| CRM Salesforce Inc. | 0.29% | 2,317,121 | $358.6M | Reduce -1.0% |
| DG Dollar General Corp. | 0.29% | 3,093,004 | $358.0M | Add +89.3% |
| AMT American Tower Corp. | 0.29% | 2,170,273 | $354.8M | Add +6.1% |
| JCI Johnson Controls Internation | 0.29% | 2,432,111 | $354.5M | Add +1.9% |
| KMB Kimberly-Clark Corp. | 0.29% | 3,234,636 | $351.9M | Add +9.9% |
| TGT Target Corp. | 0.29% | 2,676,121 | $349.8M | Add +3.5% |
| KLAC KLA Corp. | 0.27% | 1,103,974 | $326.4M | Reduce -27.4% |
| EME Emcor Group Inc. | 0.26% | 393,220 | $323.4M | Add +0.6% |
| WMT Walmart Inc. | 0.26% | 2,826,124 | $321.6M | Add +3.5% |
| A Agilent Technologies Inc. | 0.25% | 2,367,726 | $310.8M | Add +0.2% |
| CAH Cardinal Health Inc. | 0.25% | 1,297,534 | $308.7M | Add +95.7% |
| CEG Constellation Energy | 0.25% | 1,193,655 | $303.0M | Reduce -5.2% |
| CMI Cummins Inc. | 0.24% | 419,251 | $296.6M | Add +7.7% |
| WDC Western Digital Corp. | 0.24% | 455,363 | $295.3M | Add +19.7% |
| RRX Regal Rexnord Corp. | 0.24% | 1,288,585 | $293.6M | Add +9.8% |
| UBER Uber Technologies Inc. | 0.23% | 3,875,033 | $285.0M | Add +23.8% |
| BKNG Booking Holdings Inc. | 0.23% | 1,576,176 | $284.7M | Reduce -40.4% |
| CAT Caterpillar Inc. | 0.23% | 264,718 | $282.6M | Reduce -3.1% |
| ZBRA Zebra Technologies Corp. Class A | 0.23% | 1,083,302 | $277.4M | Reduce -46.3% |
Portfolio Sells Q1 2026 → Q2 2026
| MRK Merck & Co. Inc. | Reduce -58.9% | 0.36% | −0.59 |
| MSFT Microsoft Corp. | Reduce -0.8% | 4.05% | −0.54 |
| LIN Linde PLC | Reduce -42.5% | 0.46% | −0.42 |
| BDX Becton Dickinson and Co. | Reduce -67.6% | 0.10% | −0.25 |
| RSG Republic Services Inc. | Reduce -45.9% | 0.20% | −0.24 |
| WM Waste Management Inc. | Reduce -14.7% | 0.54% | −0.20 |
| AKAM Akamai Technologies Inc. | Reduce -77.6% | 0.05% | −0.20 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -56.6% | 0.13% | −0.20 |
| NEE Nextera Energy Inc. | Reduce -17.7% | 0.44% | −0.20 |
| TT Trane Technologies PLC | Reduce -23.2% | 0.81% | −0.19 |
| AFL Aflac Inc. | Reduce -96.8% | 0.01% | −0.19 |
| DASH DoorDash Inc. Class A | Reduce -74.1% | 0.07% | −0.19 |
| MA Mastercard Inc. Class A | Reduce -9.1% | 0.86% | −0.18 |
| HCA HCA Healthcare Inc. | Reduce -1.2% | 0.45% | −0.17 |
| BKNG Booking Holdings Inc. | Reduce -40.4% | 0.23% | −0.17 |
| VLTO Veralto Corp. | Reduce -76.6% | 0.04% | −0.17 |
| AMGN Amgen Inc. | Reduce -11.1% | 0.65% | −0.16 |
| FERG Ferguson Enterprises Inc. | Reduce -95.6% | 0.01% | −0.16 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -46.3% | 0.23% | −0.16 |
| ADP Automatic Data Processing | Reduce -67.9% | 0.07% | −0.15 |
| GILD Gilead Sciences Inc. | Reduce -2.1% | 0.53% | −0.15 |
| VZ Verizon Communications Inc. | Reduce -3.6% | 0.35% | −0.14 |
| NEM Newmont Corp. | Reduce -4.7% | 0.37% | −0.14 |
| PLTR Palantir Technologies Inc. Class A | Reduce -36.3% | 0.11% | −0.13 |
| LKQ LKQ Corp. | Reduce -21.6% | 0.20% | −0.13 |
| WAB Wabtec Corp. | Reduce -13.0% | 0.68% | −0.12 |
| WTRG Essential Utilities Inc. | Reduce -31.6% | 0.16% | −0.12 |
| SNPS Synopsys Inc. | Reduce -39.0% | 0.18% | −0.12 |
| CRM Salesforce Inc. | Reduce -1.0% | 0.29% | −0.11 |
| PEP Pepsico Inc. | Reduce -1.0% | 0.33% | −0.10 |
| EMR Emerson Electric Co. | Reduce -12.9% | 0.61% | −0.10 |
| PINS Pinterest Inc. Class A | Reduce -93.9% | 0.01% | −0.10 |
| BLD Topbuild Corp. | Sold out | 0.00% | −0.10 |
| CTAS Cintas Corp. | Reduce -12.5% | 0.33% | −0.10 |
| DHR Danaher Corp. | Reduce -19.6% | 0.22% | −0.09 |
| SPGI S&P Global Inc. | Reduce -48.8% | 0.07% | −0.09 |
| JKHY Jack Henry & Associates Inc. | Reduce -94.0% | 0.00% | −0.08 |
| PFE Pfizer Inc. | Reduce -51.5% | 0.05% | −0.08 |
| APTV Aptiv PLC | Reduce -3.7% | 0.22% | −0.08 |
| CBOE Cboe Global Markets Inc. | Reduce -8.1% | 0.16% | −0.07 |
| KO The Coca-Cola Co. | Reduce -14.6% | 0.31% | −0.07 |
| CVS CVS Health Corp. | Reduce -42.5% | 0.20% | −0.07 |
| CEG Constellation Energy | Reduce -5.2% | 0.25% | −0.07 |
| MCD McDonald's Corp. | Reduce -47.5% | 0.04% | −0.07 |
| AVB Avalonbay Communities Inc. | Reduce -96.5% | 0.00% | −0.07 |
| ES Eversource Energy | Reduce -92.5% | 0.00% | −0.06 |
| IQV Iqvia Holdings Inc. | Reduce -55.2% | 0.05% | −0.06 |
| ALGN Align Technology Inc. | Reduce -98.4% | 0.00% | −0.06 |
| AWK American Water Works Co. Inc. | Reduce -7.3% | 0.21% | −0.06 |
| RPM RPM International Inc. | Reduce -97.3% | 0.00% | −0.06 |
Portfolio Buys Q1 2026 → Q2 2026
| INTC Intel Corp. | Add +327.6% | 0.53% | +0.49 |
| BMY Bristol-Myers Squibb Co. | Add +296.1% | 0.38% | +0.26 |
| GEV GE Vernova Inc. | Add +29.4% | 0.76% | +0.26 |
| IR Ingersoll-Rand Inc. | Add +225.2% | 0.36% | +0.24 |
| GOOG Alphabet Inc. Class C | Add +0.4% | 2.54% | +0.24 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +3.2% | 0.54% | +0.24 |
| LLY Eli Lilly & Co. | Add +1.1% | 1.45% | +0.21 |
| ROK Rockwell Automation Inc. | Add +26.8% | 0.50% | +0.18 |
| AAPL Apple Inc. | Add +1.5% | 5.42% | +0.16 |
| WDC Western Digital Corp. | Add +19.7% | 0.24% | +0.15 |
| HBAN Huntington Bancshares Inc. | Add +1849.0% | 0.15% | +0.14 |
| FTV Fortive Corp. | Add +157.1% | 0.21% | +0.12 |
| CAH Cardinal Health Inc. | Add +95.7% | 0.25% | +0.12 |
| REGN Regeneron Pharmaceuticals | Add +285.4% | 0.19% | +0.12 |
| TRV The Travelers Cos Inc. | Add +173.4% | 0.18% | +0.12 |
| DG Dollar General Corp. | Add +89.3% | 0.29% | +0.11 |
| VRT Vertiv Holdings Co. Class A | Add +85.4% | 0.21% | +0.11 |
| SNDK Sandisk Corp. | Add +168.1% | 0.13% | +0.11 |
| FN Fabrinet | Add +634.4% | 0.13% | +0.11 |
| C Citigroup Inc. | Add +0.8% | 0.95% | +0.11 |
| HSY The Hershey Co. | Add +370.8% | 0.15% | +0.11 |
| GE General Electric | Add +26.9% | 0.32% | +0.10 |
| ABBV Abbvie Inc. | Add +9.6% | 0.99% | +0.10 |
| CNM Core & Main Inc. Class A | New | 0.10% | +0.10 |
| ICE Intercontinental Exchange Inc. | Add +1362.5% | 0.10% | +0.09 |
| DPZ Domino's Pizza Inc. | Add +642.4% | 0.11% | +0.09 |
| IBM Intl Business Machines Corp. | Add +404.9% | 0.11% | +0.09 |
| RPRX Royalty Pharma PLC Class A | Add +227.0% | 0.12% | +0.08 |
| UNP Union Pacific Corp. | Add +235.1% | 0.12% | +0.08 |
| TWLO Twilio Inc. Class A | Add +7.1% | 0.21% | +0.07 |
| EXPD Expeditors Intl Wash Inc. | Add +75.4% | 0.16% | +0.07 |
| ARM Arm Holdings PLC-ADR | New | 0.07% | +0.07 |
| STLD Steel Dynamics Inc. | Add +1.5% | 0.42% | +0.06 |
| PRIM Primoris Services Corp. | Add +1481.6% | 0.07% | +0.06 |
| AIG American International Group | Add +284.1% | 0.09% | +0.06 |
| NUE Nucor Corp. | Add +1.3% | 0.36% | +0.06 |
| OC Owens Corning | Add +11.4% | 0.16% | +0.05 |
| CMI Cummins Inc. | Add +7.7% | 0.24% | +0.05 |
| FIX Comfort Systems USA Inc. | Add +226.4% | 0.07% | +0.05 |
| NXPI NXP Semiconductors NV | Add +40.1% | 0.11% | +0.05 |
| WSM Williams-Sonoma Inc. | Add +15.0% | 0.20% | +0.05 |
| ALL Allstate Corp. | Add +51.8% | 0.13% | +0.05 |
| CRDO Credo Technology Group Holdi | Add +1129.3% | 0.05% | +0.05 |
| STX Seagate Technology Holdings | Add +122.6% | 0.05% | +0.04 |
| MET Metlife Inc. | Add +5.1% | 0.35% | +0.04 |
| CPRT Copart Inc. | Add +264.3% | 0.07% | +0.04 |
| HLI Houlihan Lokey Inc. | Add +744.0% | 0.05% | +0.04 |
| SCHW Schwab (charles) Corp. | Add +28.1% | 0.36% | +0.04 |
| RRX Regal Rexnord Corp. | Add +9.8% | 0.24% | +0.04 |
| EXC Exelon Corp. | Add +28.6% | 0.50% | +0.04 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 921 | $122.6B | NVDA, AAPL, MSFT, AVGO, AMZN |
| Q1 2026 | 864 | $107.2B | NVDA, AAPL, MSFT, AMZN, AVGO |
| Q4 2025 | 859 | $116.4B | NVDA, MSFT, AAPL, AVGO, AMZN |
| Q3 2025 | 845 | $114.2B | NVDA, MSFT, AAPL, AMZN, GOOGL |
| Q2 2025 | 861 | $107.8B | MSFT, NVDA, AAPL, AMZN, GOOGL |
| Q1 2025 | 875 | $94.7B | MSFT, AAPL, NVDA, AMZN, GOOGL |
| Q4 2024 | 882 | $95.6B | AAPL, MSFT, NVDA, GOOGL, AMZN |
| Q3 2024 | 893 | $88.0B | MSFT, AAPL, NVDA, GOOGL, AMZN |
| Q2 2024 | 910 | $85.2B | MSFT, AAPL, NVDA, GOOGL, AMZN |
| Q1 2024 | 928 | $84.6B | MSFT, AAPL, NVDA, GOOGL, V |