OP Asset Management Ltd
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed April 21, 2026), OP Asset Management Ltd reported 776 stock positions worth $8.4 billion. Its top holding was Nvidia (NVDA) at 7.9% of the portfolio, followed by Apple (AAPL, 6.2%) and Microsoft (MSFT, 5.5%). Compared with Q3 2025, it opened 52 new positions, sold out of 62, added to 371 and reduced 136. The biggest buy was Alphabet Class A (GOOGL, shares +16%) and the biggest sale ServiceNow (NOW, shares −7%).
- Most Recent 13F
- Q2 2026
- Location
- HELSINKI, H9
- CIK
- 0002097005
- Portfolio Value
- $8.4B (Q4 2025)
- SEC Filing
- 0002097005-26-000007 ↗ filed Apr 21, 2026
Holdings Value
Holdings 776 stocks · $8.4B
| NVDA Nvidia Corp. | 7.87% | 3,556,476 | $663.3M | Add +11.0% |
| AAPL Apple Inc. | 6.16% | 1,907,938 | $518.7M | Add +9.3% |
| MSFT Microsoft Corp. | 5.52% | 960,704 | $464.6M | Add +12.6% |
| IVV iShares Core S&P 500 ETF | 4.44% | 546,238 | $374.1M | No change |
| AMZN Amazon.com Inc. | 3.44% | 1,253,998 | $289.4M | Add +10.1% |
| GOOGL Alphabet Inc. Class A | 2.73% | 734,771 | $230.0M | Add +15.7% |
| GOOG Alphabet Inc. Class C | 2.69% | 720,879 | $226.2M | Add +14.4% |
| AVGO Broadcom Inc. | 2.55% | 619,667 | $214.5M | Add +19.9% |
| META Meta Platforms Inc. Class A | 2.15% | 274,521 | $181.2M | Add +9.4% |
| TSLA Tesla Inc. | 1.89% | 353,527 | $159.0M | Add +6.5% |
| VOO Vanguard S&P 500 ETF | 1.63% | 219,490 | $137.6M | No change |
| LLY Eli Lilly & Co. | 1.45% | 113,426 | $121.9M | Add +17.5% |
| JPM JPMorgan Chase & Co. | 1.17% | 304,960 | $98.3M | Add +0.2% |
| VRT Vertiv Holdings Co. Class A | 1.08% | 563,851 | $91.3M | Reduce -3.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.97% | 163,143 | $82.0M | Add +11.9% |
| V Visa Inc. Class A | 0.85% | 203,377 | $71.3M | Add +6.3% |
| MLI Mueller Industries Inc. | 0.82% | 601,552 | $69.1M | Add +55.2% |
| MA Mastercard Inc. Class A | 0.79% | 116,128 | $66.3M | Add +22.5% |
| WMT Walmart Inc. | 0.77% | 583,741 | $65.0M | Add +9.4% |
| JNJ Johnson & Johnson | 0.72% | 292,109 | $60.5M | Add +11.7% |
| AMD Advanced Micro Devices | 0.68% | 268,821 | $57.6M | Add +9.3% |
| COST Costco Wholesale Corp. | 0.68% | 66,160 | $57.1M | Add +17.7% |
| XOM Exxon Mobil Corp. | 0.67% | 469,114 | $56.5M | Add +0.7% |
| NOW ServiceNow Inc. | 0.66% | 360,685 | $55.3M | Reduce -7.3% |
| PLTR Palantir Technologies Inc. Class A | 0.62% | 291,888 | $51.9M | Add +12.9% |
| PH Parker Hannifin Corp. | 0.61% | 58,362 | $51.3M | Reduce -31.4% |
| NFLX Netflix Inc. | 0.55% | 496,564 | $46.6M | Add +5.0% |
| ABBV Abbvie Inc. | 0.53% | 194,757 | $44.5M | Add +1.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.51% | 781,789 | $43.0M | Reduce -0.4% |
| ORCL Oracle Corp. | 0.48% | 207,769 | $40.5M | Add +13.4% |
| MTZ Mastec Inc. | 0.48% | 184,920 | $40.2M | Add +18.9% |
| CSCO Cisco Systems Inc. | 0.45% | 496,953 | $38.3M | Add +13.5% |
| HD Home Depot Inc. | 0.45% | 109,683 | $37.7M | Reduce -0.3% |
| MU Micron Technology Inc. | 0.43% | 128,392 | $36.6M | Add +2.1% |
| GE General Electric filed as GE AEROSPACE | 0.43% | 116,499 | $35.9M | Add +0.7% |
| PWR Quanta Services Inc. | 0.39% | 78,173 | $33.0M | Add +21.8% |
| UNH Unitedhealth Group Inc. | 0.39% | 99,905 | $33.0M | Add +0.6% |
| WFC Wells Fargo & Co. | 0.39% | 353,458 | $32.9M | Add +0.2% |
| LRCX Lam Research Corp. | 0.38% | 186,127 | $31.9M | Add +3.7% |
| BKNG Booking Holdings Inc. | 0.37% | 5,821 | $31.2M | Add +35.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.36% | 102,802 | $30.5M | Add +1.8% |
| RSP Invesco S&P 500 Equal Weight | 0.36% | 158,782 | $30.4M | No change |
| CRM Salesforce Inc. | 0.36% | 114,199 | $30.3M | Add +1.8% |
| GS Goldman Sachs Group Inc. | 0.35% | 34,009 | $29.9M | Reduce -0.2% |
| MS Morgan Stanley | 0.35% | 167,825 | $29.8M | Add +26.9% |
| MCD McDonald's Corp. | 0.35% | 96,675 | $29.5M | Add +23.6% |
| CAT Caterpillar Inc. | 0.35% | 51,514 | $29.5M | Add +0.1% |
| AMAT Applied Materials Inc. | 0.35% | 114,589 | $29.4M | Add +10.1% |
| UBER Uber Technologies Inc. | 0.35% | 359,465 | $29.4M | Add +31.2% |
| MRK Merck & Co. Inc. | 0.35% | 277,568 | $29.2M | Add +1.1% |
| FSLR First Solar Inc. | 0.33% | 106,226 | $27.7M | Reduce -10.6% |
| TMO Thermo Fisher Scientific Inc. | 0.33% | 47,791 | $27.7M | Add +14.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.32% | 178,052 | $27.4M | Add +23.6% |
| MCK McKesson Corp. | 0.31% | 32,132 | $26.4M | Add +40.4% |
| ADBE Adobe Inc. | 0.30% | 71,543 | $25.0M | Reduce -1.6% |
| NEE Nextera Energy Inc. | 0.29% | 306,257 | $24.6M | Add +37.2% |
| INTU Intuit Inc. | 0.29% | 36,829 | $24.4M | Add +20.2% |
| COF Capital One Financial Corp. | 0.29% | 100,015 | $24.2M | Add +43.1% |
| ABT Abbott Laboratories | 0.28% | 190,427 | $23.9M | Add +1.4% |
| C Citigroup Inc. | 0.28% | 202,960 | $23.7M | Reduce -0.2% |
| APP AppLovin Corp. Class A | 0.28% | 34,886 | $23.5M | Add +15.6% |
| AXP American Express Co. | 0.28% | 62,805 | $23.2M | Add +1.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.27% | 197,995 | $22.5M | Reduce -9.2% |
| ISRG Intuitive Surgical Inc. | 0.26% | 39,387 | $22.3M | Add +1.0% |
| SCHW Schwab (charles) Corp. | 0.26% | 221,893 | $22.2M | Add +1.3% |
| SPGI S&P Global Inc. | 0.26% | 41,488 | $21.7M | Reduce -0.9% |
| GILD Gilead Sciences Inc. | 0.25% | 173,453 | $21.3M | Add +26.9% |
| COR Cencora Inc. | 0.25% | 62,136 | $21.0M | Add +50.5% |
| KLAC KLA Corp. | 0.25% | 17,079 | $20.8M | Add +6.1% |
| DHR Danaher Corp. | 0.25% | 90,618 | $20.7M | Add +8.6% |
| CAH Cardinal Health Inc. | 0.24% | 100,250 | $20.6M | Add +52.3% |
| ADI Analog Devices Inc. | 0.24% | 74,773 | $20.3M | Add +39.7% |
| QCOM Qualcomm Inc. | 0.24% | 118,039 | $20.2M | Reduce -0.6% |
| GEV GE Vernova Inc. | 0.24% | 30,847 | $20.2M | Add +2.9% |
| ANET Arista Networks Inc. | 0.24% | 152,604 | $20.0M | Add +31.4% |
| PGR Progressive Corp. | 0.23% | 86,024 | $19.6M | Add +20.5% |
| T AT&T Inc. | 0.23% | 786,865 | $19.5M | Add +0.9% |
| AMGN Amgen Inc. | 0.23% | 59,413 | $19.4M | Add +1.6% |
| VZ Verizon Communications Inc. | 0.22% | 464,795 | $18.9M | Add +1.4% |
| LOW Lowe's Cos Inc. | 0.22% | 75,310 | $18.2M | Add +23.7% |
| INTC Intel Corp. | 0.21% | 487,604 | $18.0M | Add +3.3% |
| APH Amphenol Corp. Class A | 0.21% | 133,137 | $18.0M | Add +2.4% |
| VMI Valmont Industries | 0.21% | 43,997 | $17.7M | Add +297.1% |
| MELI MercadoLibre Inc. | 0.21% | 8,735 | $17.6M | Add +61.8% |
| TXN Texas Instruments Inc. | 0.21% | 99,965 | $17.3M | Add +1.5% |
| BLK BlackRock Inc. | 0.20% | 16,097 | $17.2M | Add +1.2% |
| USFD US Foods Holding Corp. | 0.20% | 225,670 | $17.0M | Add +81.8% |
| IQV Iqvia Holdings Inc. | 0.19% | 72,625 | $16.4M | Add +104.9% |
| PFGC Performance Food Group Co. | 0.19% | 181,410 | $16.3M | Add +76.4% |
| KD Kyndryl Holdings Inc. | 0.19% | 612,532 | $16.3M | Add +128.3% |
| PANW Palo Alto Networks Inc. | 0.19% | 87,648 | $16.1M | Add +19.0% |
| CDNS Cadence Design SYS Inc. | 0.19% | 50,357 | $15.7M | Add +11.9% |
| PFE Pfizer Inc. | 0.19% | 629,654 | $15.7M | Add +2.5% |
| BSX Boston Scientific Corp. | 0.18% | 161,177 | $15.4M | Add +1.8% |
| UNP Union Pacific Corp. | 0.18% | 66,304 | $15.3M | Add +1.0% |
| AIT Applied Industrial Tech Inc. | 0.18% | 59,386 | $15.2M | Reduce -14.2% |
| IDXX Idexx Laboratories Inc. | 0.17% | 21,786 | $14.7M | Add +45.6% |
| GNRC Generac Holdings Inc. | 0.17% | 107,375 | $14.6M | Add +328.8% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.17% | 31,188 | $14.6M | Add +16.4% |
| HCA HCA Healthcare Inc. | 0.17% | 30,526 | $14.3M | Add +53.0% |
Portfolio Sells Q3 2025 → Q4 2025
| NOW ServiceNow Inc. | Reduce -7.3% | 0.66% | −0.29 |
| CLH Clean Harbors Inc. | Reduce -68.8% | 0.11% | −0.28 |
| PH Parker Hannifin Corp. | Reduce -31.4% | 0.61% | −0.24 |
| WDAY Workday Inc. Class A | Reduce -49.5% | 0.10% | −0.15 |
| HD Home Depot Inc. | Reduce -0.3% | 0.45% | −0.14 |
| MKL Markel Group Inc. | Reduce -63.6% | 0.08% | −0.14 |
| AXON Axon Enterprise Inc. | Reduce -40.7% | 0.08% | −0.11 |
| MRVL Marvell Technology Inc. | Reduce -35.4% | 0.15% | −0.10 |
| FISV Fiserv Inc. | Reduce -30.6% | 0.05% | −0.10 |
| PCTY Paylocity Holding Corp. | Sold out | 0.00% | −0.09 |
| HWKN Hawkins Inc. | Reduce -75.0% | 0.02% | −0.08 |
| BOX Box Inc. Class A | Reduce -26.7% | 0.13% | −0.08 |
| WMS Advanced Drainage Systems Inc. | Reduce -65.1% | 0.04% | −0.08 |
| SNPS Synopsys Inc. | Reduce -29.7% | 0.11% | −0.08 |
| VRT Vertiv Holdings Co. Class A | Reduce -3.3% | 1.08% | −0.08 |
| D Dominion Energy Inc. | Sold out | 0.00% | −0.07 |
| TTEK Tetra Tech Inc. | Reduce -99.3% | 0.00% | −0.07 |
| MRC MRC Global Inc. | Sold out | 0.00% | −0.06 |
| DIS The Walt Disney Co. | Reduce -9.2% | 0.27% | −0.06 |
| FLEX Flex Ltd. | Sold out | 0.00% | −0.06 |
| AIT Applied Industrial Tech Inc. | Reduce -14.2% | 0.18% | −0.06 |
| COHR Coherent Corp. | Reduce -76.3% | 0.03% | −0.05 |
| ORLY O'reilly Automotive Inc. | Reduce -13.1% | 0.10% | −0.05 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −0.05 |
| ADBE Adobe Inc. | Reduce -1.6% | 0.30% | −0.04 |
| PYPL PayPal Holdings Inc. | Reduce -13.6% | 0.08% | −0.04 |
| AYI Acuity Inc. | Reduce -82.3% | 0.01% | −0.03 |
| MANH Manhattan Associates Inc. | Reduce -98.0% | 0.00% | −0.03 |
| K Kellanova | Sold out | 0.00% | −0.03 |
| QRVO Qorvo Inc. | Sold out | 0.00% | −0.03 |
| SOFI Sofi Technologies Inc. | Reduce -37.1% | 0.04% | −0.03 |
| TRV The Travelers Cos Inc. | Reduce -13.0% | 0.12% | −0.03 |
| ENVA Enova International Inc. | Reduce -60.7% | 0.02% | −0.03 |
| EA Electronic Arts Inc. | Reduce -11.0% | 0.11% | −0.03 |
| MHK Mohawk Industries Inc. | Reduce -76.1% | 0.01% | −0.02 |
| BAC Bank of America Corp. | Reduce -0.4% | 0.51% | −0.02 |
| ROCK Gibraltar Industries Inc. | Reduce -67.5% | 0.01% | −0.02 |
| QCOM Qualcomm Inc. | Reduce -0.6% | 0.24% | −0.02 |
| HURN Huron Consulting Group Inc. | Reduce -71.1% | 0.01% | −0.02 |
| WINA Winmark Corp. | Reduce -31.9% | 0.02% | −0.02 |
| OC Owens Corning | Sold out | 0.00% | −0.02 |
| ADT Adt Inc. | Reduce -87.3% | 0.00% | −0.02 |
| POOL Pool Corp. | Sold out | 0.00% | −0.02 |
| BLDR Builders Firstsource Inc. | Reduce -40.6% | 0.01% | −0.02 |
| CSGP Costar Group Inc. | Reduce -5.8% | 0.04% | −0.02 |
| CCK Crown Holdings Inc. | Sold out | 0.00% | −0.02 |
| CNM Core & Main Inc. Class A | Reduce -38.7% | 0.02% | −0.02 |
| CPT Camden Property Trust | Sold out | 0.00% | −0.02 |
| FDS Factset Research Systems Inc. | Sold out | 0.00% | −0.02 |
| DHI D.R. Horton Inc. | Reduce -1.2% | 0.05% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| GOOGL Alphabet Inc. Class A | Add +15.7% | 2.73% | +0.70 |
| GOOG Alphabet Inc. Class C | Add +14.4% | 2.69% | +0.66 |
| LLY Eli Lilly & Co. | Add +17.5% | 1.45% | +0.48 |
| MLI Mueller Industries Inc. | Add +55.2% | 0.82% | +0.30 |
| AVGO Broadcom Inc. | Add +19.9% | 2.55% | +0.30 |
| AAPL Apple Inc. | Add +9.3% | 6.16% | +0.30 |
| AMD Advanced Micro Devices | Add +9.3% | 0.68% | +0.16 |
| MU Micron Technology Inc. | Add +2.1% | 0.43% | +0.16 |
| VMI Valmont Industries | Add +297.1% | 0.21% | +0.15 |
| AMZN Amazon.com Inc. | Add +10.1% | 3.44% | +0.14 |
| GNRC Generac Holdings Inc. | Add +328.8% | 0.17% | +0.12 |
| CAH Cardinal Health Inc. | Add +52.3% | 0.24% | +0.11 |
| IQV Iqvia Holdings Inc. | Add +104.9% | 0.19% | +0.11 |
| INSM Insmed Inc. | New | 0.10% | +0.10 |
| COF Capital One Financial Corp. | Add +43.1% | 0.29% | +0.09 |
| KD Kyndryl Holdings Inc. | Add +128.3% | 0.19% | +0.09 |
| MCK McKesson Corp. | Add +40.4% | 0.31% | +0.08 |
| L Loews Corp. | Add +324.4% | 0.11% | +0.08 |
| COR Cencora Inc. | Add +50.5% | 0.25% | +0.08 |
| JNJ Johnson & Johnson | Add +11.7% | 0.72% | +0.08 |
| MS Morgan Stanley | Add +26.9% | 0.35% | +0.08 |
| MA Mastercard Inc. Class A | Add +22.5% | 0.79% | +0.08 |
| USFD US Foods Holding Corp. | Add +81.8% | 0.20% | +0.08 |
| FLNG Flex LNG Ltd. | New | 0.08% | +0.08 |
| RSI Rush Street Interactive Inc. | Add +160.4% | 0.14% | +0.07 |
| EW Edwards Lifesciences Corp. | Add +114.8% | 0.14% | +0.07 |
| NEE Nextera Energy Inc. | Add +37.2% | 0.29% | +0.07 |
| CIEN Ciena Corp. | New | 0.07% | +0.07 |
| AMAT Applied Materials Inc. | Add +10.1% | 0.35% | +0.07 |
| KMI Kinder Morgan Inc. | New | 0.07% | +0.07 |
| ADI Analog Devices Inc. | Add +39.7% | 0.24% | +0.07 |
| BKNG Booking Holdings Inc. | Add +35.0% | 0.37% | +0.06 |
| TMO Thermo Fisher Scientific Inc. | Add +14.9% | 0.33% | +0.06 |
| LRCX Lam Research Corp. | Add +3.7% | 0.38% | +0.06 |
| CSCO Cisco Systems Inc. | Add +13.5% | 0.45% | +0.06 |
| HCA HCA Healthcare Inc. | Add +53.0% | 0.17% | +0.06 |
| EOG EOG Resources Inc. | New | 0.06% | +0.06 |
| MTB M & T Bank Corp. | Add +134.3% | 0.10% | +0.06 |
| GILD Gilead Sciences Inc. | Add +26.9% | 0.25% | +0.05 |
| PFGC Performance Food Group Co. | Add +76.4% | 0.19% | +0.05 |
| TJX TJX Companies Inc. | Add +23.6% | 0.32% | +0.05 |
| PG The Procter & Gamble Co. | Add +709.5% | 0.06% | +0.05 |
| IDXX Idexx Laboratories Inc. | Add +45.6% | 0.17% | +0.05 |
| FIX Comfort Systems USA Inc. | Add +330.5% | 0.06% | +0.05 |
| WMT Walmart Inc. | Add +9.4% | 0.77% | +0.05 |
| VRSN Verisign Inc. | Add +196.7% | 0.08% | +0.05 |
| HON Honeywell International Inc. | New | 0.04% | +0.04 |
| MRK Merck & Co. Inc. | Add +1.1% | 0.35% | +0.04 |
| MELI MercadoLibre Inc. | Add +61.8% | 0.21% | +0.04 |
| CHWY Chewy Inc. Class A | Add +110.9% | 0.12% | +0.04 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 765 | $9.4B | NVDA, AAPL, IVV, MSFT, AMZN |
| Q1 2026Amended | 783 | $9.9B | NVDA, AAPL, MSFT, AMZN, IVV |
| Q4 2025 | 776 | $8.4B | NVDA, AAPL, MSFT, IVV, AMZN |
| Q3 2025Amended | 786 | $7.6B | NVDA, AAPL, MSFT, IVV, AMZN |
| Q2 2025Amended | 784 | $6.8B | NVDA, MSFT, AAPL, IVV, AMZN |
| Q1 2025Amended | 800 | $5.9B | AAPL, NVDA, IVV, MSFT, AMZN |