PensionDanmark Pensionsforsikringsaktieselskab

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 8, 2026), PensionDanmark Pensionsforsikringsaktieselskab reported 590 stock positions worth $12.0 billion. Its top holding was Nvidia (NVDA) at 7.7% of the portfolio, followed by Apple (AAPL, 7.0%) and Microsoft (MSFT, 4.4%). Compared with Q1 2026, it opened 17 new positions, sold out of 46, added to 385 and reduced 112. The biggest buy was Micron Technology (MU, shares +3%) and the biggest sale Meta Platforms Class A (META, shares −4%).

Most Recent 13F
Q2 2026
Location
COPENHAGEN O, G7
CIK
0001897090
Portfolio Value
$12.0B (Q2 2026)
SEC Filing
0001897090-26-000004 ↗ filed Jul 8, 2026

Holdings Value

0$5.0B$10.0B$15.0B Q4 2025: $11.0B Q4 2025 Q1 2026: $10.3B Q1 2026 Q2 2026: $12.0B $12.0B Q2 2026

Holdings 590 stocks · $12.0B
NVDA Nvidia Corp. 7.71% 4,638,748 $928.2M Reduce -0.2%
AAPL Apple Inc. 6.97% 2,902,190 $839.8M Add +1.0%
MSFT Microsoft Corp. 4.40% 1,419,491 $529.5M Add +3.6%
AMZN Amazon.com Inc. 3.76% 1,901,634 $453.2M Add +2.8%
GOOGL Alphabet Inc. Class A 3.16% 1,065,521 $380.8M Reduce -0.3%
GOOG Alphabet Inc. Class C 3.04% 1,034,533 $365.5M Reduce -3.3%
AVGO Broadcom Inc. 2.72% 865,698 $327.0M Add +0.9%
MU Micron Technology Inc. 2.09% 218,417 $252.1M Add +3.2%
META Meta Platforms Inc. Class A 2.03% 434,173 $244.6M Reduce -4.3%
AMD Advanced Micro Devices 1.52% 315,846 $183.5M Reduce -2.2%
JPM JPMorgan Chase & Co. 1.50% 550,820 $180.3M Add +0.6%
LLY Eli Lilly & Co. 1.49% 149,389 $179.2M Add +8.4%
AMAT Applied Materials Inc. 1.09% 181,875 $131.5M Add +6.7%
BRK.B Berkshire Hathaway Inc. Class B 1.00% 241,432 $120.8M Add +7.2%
JNJ Johnson & Johnson 0.97% 461,491 $117.2M Add +2.8%
LRCX Lam Research Corp. 0.97% 268,636 $116.4M Add +4.6%
INTC Intel Corp. 0.91% 782,422 $109.2M Add +5.9%
V Visa Inc. Class A 0.89% 311,868 $107.0M Add +0.9%
CSCO Cisco Systems Inc. 0.74% 754,963 $88.7M Add +15.6%
BAC Bank of America Corp. 0.72% 1,517,136 $86.4M Add +8.1%
KLAC KLA Corp. 0.72% 286,464 $86.4M Add +10.1%
ABBV Abbvie Inc. 0.71% 339,179 $85.4M Add +6.7%
MA Mastercard Inc. Class A 0.70% 164,539 $84.5M Reduce -14.6%
GE General Electric filed as GE AEROSPACE 0.70% 223,915 $83.7M Add +8.5%
COST Costco Wholesale Corp. 0.69% 88,952 $83.2M Add +7.0%
UNH Unitedhealth Group Inc. 0.65% 187,803 $78.1M Add +13.2%
CVX Chevron Corp. 0.62% 448,547 $74.4M Add +12.3%
GS Goldman Sachs Group Inc. 0.57% 67,320 $68.1M Add +13.7%
PG The Procter & Gamble Co. 0.56% 458,585 $67.2M Add +7.3%
KO The Coca-Cola Co. 0.54% 806,075 $65.5M Add +16.4%
GEV GE Vernova Inc. 0.54% 55,711 $65.5M Add +4.1%
RTX RTX Corp. 0.51% 321,443 $61.0M Add +9.9%
NFLX Netflix Inc. 0.50% 851,335 $60.8M Reduce -8.3%
MRK Merck & Co. Inc. 0.49% 462,927 $59.5M Add +13.3%
C Citigroup Inc. 0.49% 424,914 $59.5M Add +3.5%
MS Morgan Stanley 0.46% 266,962 $55.8M Add +3.6%
HD Home Depot Inc. 0.45% 153,764 $54.2M Add +12.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.44% 186,873 $52.6M Add +13.0%
WFC Wells Fargo & Co. 0.42% 616,574 $51.0M Add +10.8%
TXN Texas Instruments Inc. 0.41% 165,824 $49.4M Reduce -4.2%
PLTR Palantir Technologies Inc. Class A 0.40% 417,348 $48.7M Add +3.6%
APH Amphenol Corp. Class A 0.40% 273,788 $48.3M Add +8.1%
MRVL Marvell Technology Inc. 0.40% 161,134 $48.0M Add +9.8%
ORCL Oracle Corp. 0.38% 313,584 $46.0M Add +8.5%
PEP Pepsico Inc. 0.38% 337,497 $45.7M Add +8.5%
WDC Western Digital Corp. 0.37% 70,556 $45.1M Reduce -3.4%
GLW Corning Inc. 0.37% 175,776 $44.9M Add +10.5%
PANW Palo Alto Networks Inc. 0.35% 123,850 $42.2M Add +27.4%
AMGN Amgen Inc. 0.33% 108,300 $39.2M Add +12.3%
BKNG Booking Holdings Inc. 0.32% 217,143 $38.7M Add +7.6%
QCOM Qualcomm Inc. 0.32% 206,011 $38.1M Reduce -7.3%
ANET Arista Networks Inc. 0.32% 223,777 $38.0M Add +5.9%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.32% 250,757 $38.0M Add +12.3%
ADI Analog Devices Inc. 0.32% 95,519 $37.9M Add +8.2%
AXP American Express Co. 0.30% 106,801 $36.1M Add +10.8%
TMO Thermo Fisher Scientific Inc. 0.28% 68,031 $34.1M Reduce -5.2%
MCD McDonald's Corp. 0.28% 124,355 $33.6M Reduce -9.5%
RY Royal Bank of Canada 0.28% 162,096 $33.6M Add +14.1%
D Dominion Energy Inc. 0.27% 479,440 $32.7M Add +298.6%
CRWD CrowdStrike Holdings Inc. Class A 0.27% 42,137 $32.2M Reduce -8.9%
VZ Verizon Communications Inc. 0.27% 757,212 $32.1M Add +7.4%
BMY Bristol-Myers Squibb Co. 0.26% 545,224 $31.4M Add +7.6%
ABT Abbott Laboratories 0.26% 342,554 $31.1M Add +16.2%
T AT&T Inc. 0.26% 1,489,387 $30.8M Add +7.8%
SCHW Schwab (charles) Corp. 0.25% 326,492 $30.1M Add +7.2%
PH Parker Hannifin Corp. 0.25% 30,622 $30.0M Add +5.9%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.25% 310,180 $29.9M Reduce -2.1%
CRM Salesforce Inc. 0.25% 189,033 $29.6M Add +3.3%
GILD Gilead Sciences Inc. 0.25% 233,799 $29.5M Add +12.3%
TD Toronto-Dominion Bank 0.24% 240,904 $29.3M Add +9.9%
UBER Uber Technologies Inc. 0.24% 394,939 $28.5M Reduce -42.8%
BA The Boeing Co. 0.24% 131,149 $28.4M Reduce -1.2%
MMM 3M Co. 0.22% 167,139 $27.1M Add +14.9%
VRTX Vertex Pharmaceuticals Inc. 0.22% 54,094 $26.9M Add +9.9%
ISRG Intuitive Surgical Inc. 0.22% 67,208 $26.7M Add +15.9%
PFE Pfizer Inc. 0.22% 1,079,875 $26.0M Add +1.8%
PLD Prologis Inc. 0.21% 190,461 $25.8M Add +17.3%
DELL Dell Technologies -C 0.21% 59,696 $25.8M Add +2.2%
CL Colgate-Palmolive Co. 0.21% 280,937 $25.8M Add +8.0%
DHR Danaher Corp. 0.21% 134,442 $25.6M Add +13.3%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO 0.21% 222,010 $25.6M Add +8.9%
UNP Union Pacific Corp. 0.21% 93,630 $25.5M Reduce -4.6%
PGR Progressive Corp. 0.21% 115,603 $25.3M Add +4.4%
TER Teradyne Inc. 0.21% 51,712 $25.0M Add +1.0%
BLK BlackRock Inc. 0.21% 25,906 $24.9M Add +11.2%
EQIX Equinix Inc. 0.21% 23,854 $24.9M Add +15.8%
USB US Bancorp 0.20% 407,457 $24.6M Add +12.8%
SPGI S&P Global Inc. 0.20% 60,197 $24.5M Add +10.4%
CMI Cummins Inc. 0.20% 34,062 $24.3M Add +8.6%
WELL Welltower Inc. 0.20% 106,240 $24.1M Add +7.3%
NOW ServiceNow Inc. 0.20% 241,141 $23.9M Reduce -7.6%
COF Capital One Financial Corp. 0.20% 119,297 $23.9M Add +25.6%
MCK McKesson Corp. 0.19% 30,850 $23.3M Add +8.9%
CVS CVS Health Corp. 0.19% 219,730 $22.7M Add +0.9%
CI The Cigna Group 0.19% 82,261 $22.7M Add +10.2%
SHOP Shopify Inc. Class A 0.19% 198,256 $22.7M Reduce -28.0%
VRT Vertiv Holdings Co. Class A 0.19% 66,924 $22.4M Add +8.8%
FTNT Fortinet Inc. 0.18% 144,787 $22.2M Add +12.2%
ELV Elevance Health Inc. 0.18% 57,429 $22.2M Reduce -21.1%
DE Deere & Co. 0.18% 34,847 $22.1M Add +9.1%

Show all 590 holdings

Portfolio Sells Q1 2026 → Q2 2026
META Meta Platforms Inc. Class A Reduce -4.3% 2.03% −0.49
NFLX Netflix Inc. Reduce -8.3% 0.50% −0.36
UBER Uber Technologies Inc. Reduce -42.8% 0.24% −0.25
NEE Nextera Energy Inc. Reduce -75.3% 0.06% −0.25
MA Mastercard Inc. Class A Reduce -14.6% 0.70% −0.23
MELI MercadoLibre Inc. Reduce -50.0% 0.15% −0.21
DASH DoorDash Inc. Class A Reduce -71.7% 0.08% −0.20
NVDA Nvidia Corp. Reduce -0.2% 7.71% −0.18
SCI Service Corp. International Reduce -59.6% 0.07% −0.14
MLM Martin Marietta Materials Reduce -54.4% 0.08% −0.14
MCD McDonald's Corp. Reduce -9.5% 0.28% −0.14
SHOP Shopify Inc. Class A Reduce -28.0% 0.19% −0.13
EOG EOG Resources Inc. Reduce -36.4% 0.11% −0.12
CPNG Coupang Inc. Sold out 0.00% −0.11
ENSG The Ensign Group Inc. Sold out 0.00% −0.10
PBR Petroleo Brasileiro-Spon ADR Sold out 0.00% −0.09
RYAAY Ryanair Holdings PLC-SP ADR Reduce -94.2% 0.01% −0.09
MSCI MSCI Inc. Reduce -41.0% 0.09% −0.08
DG Dollar General Corp. Reduce -51.8% 0.05% −0.08
MCO Moody's Corp. Reduce -36.1% 0.10% −0.08
TKO Tko Group Holdings Inc. Sold out 0.00% −0.08
MKL Markel Group Inc. Reduce -74.0% 0.02% −0.07
CBRE CBRE Group Inc. Class A Reduce -34.5% 0.09% −0.07
EQT Eqt Corp. Reduce -46.1% 0.04% −0.07
NOW ServiceNow Inc. Reduce -7.6% 0.20% −0.07
BKR Baker Hughes Co. Reduce -41.2% 0.05% −0.06
AZO AutoZone Inc. Reduce -37.7% 0.06% −0.06
FCX Freeport-McMoran Inc. Reduce -18.7% 0.18% −0.06
TMO Thermo Fisher Scientific Inc. Reduce -5.2% 0.28% −0.06
IOT Samsara Inc. Class A Reduce -95.0% 0.00% −0.06
COIN Coinbase Global Inc. Class A Reduce -47.9% 0.03% −0.06
XYZ Block Inc. Reduce -47.9% 0.07% −0.06
TCOM Trip.com Group Ltd.-ADR Sold out 0.00% −0.06
ALNY Alnylam Pharmaceuticals Inc. Reduce -35.1% 0.06% −0.06
BIDU Baidu Inc. - Spon ADR Sold out 0.00% −0.06
MDLN Medline Inc. Class A Reduce -95.8% 0.00% −0.05
ABNB Airbnb Inc. Class A Reduce -24.9% 0.13% −0.05
WMS Advanced Drainage Systems Inc. Sold out 0.00% −0.05
DIS The Walt Disney Co. Reduce -2.1% 0.25% −0.05
FWONK Liberty Media Corp. Class C Reduce -90.4% 0.00% −0.05
QXO Qxo Inc. Sold out 0.00% −0.05
MEDP Medpace Holdings Inc. Sold out 0.00% −0.05
CTVA Corteva Inc. Reduce -19.5% 0.10% −0.05
CSGP Costar Group Inc. Reduce -71.4% 0.01% −0.04
APP AppLovin Corp. Class A Reduce -28.9% 0.16% −0.04
BN Brookfield Corp. Reduce -21.9% 0.10% −0.04
SLB SLB Ltd. Reduce -7.8% 0.10% −0.04
BC Brunswick Corp. Sold out 0.00% −0.04
GDDY GoDaddy Inc. Class A Sold out 0.00% −0.04
MRSH Marsh & McLennan Cos Reduce -2.7% 0.14% −0.04

Portfolio Buys Q1 2026 → Q2 2026
MU Micron Technology Inc. Add +3.2% 2.09% +1.40
INTC Intel Corp. Add +5.9% 0.91% +0.59
AMAT Applied Materials Inc. Add +6.7% 1.09% +0.53
LRCX Lam Research Corp. Add +4.6% 0.97% +0.43
KLAC KLA Corp. Add +10.1% 0.72% +0.35
MRVL Marvell Technology Inc. Add +9.8% 0.40% +0.26
LLY Eli Lilly & Co. Add +8.4% 1.49% +0.26
CSCO Cisco Systems Inc. Add +15.6% 0.74% +0.24
UNH Unitedhealth Group Inc. Add +13.2% 0.65% +0.21
D Dominion Energy Inc. Add +298.6% 0.27% +0.20
PANW Palo Alto Networks Inc. Add +27.4% 0.35% +0.20
GLW Corning Inc. Add +10.5% 0.37% +0.16
AVGO Broadcom Inc. Add +0.9% 2.72% +0.13
GE General Electric Add +8.5% 0.70% +0.13
DELL Dell Technologies -C Add +2.2% 0.21% +0.12
HON Honeywell International Inc. New 0.12% +0.12
HONA Honeywell Aerospace Inc. New 0.12% +0.12
APH Amphenol Corp. Class A Add +8.1% 0.40% +0.09
GEV GE Vernova Inc. Add +4.1% 0.54% +0.09
FTNT Fortinet Inc. Add +12.2% 0.18% +0.08
GS Goldman Sachs Group Inc. Add +13.7% 0.57% +0.08
ANET Arista Networks Inc. Add +5.9% 0.32% +0.06
TER Teradyne Inc. Add +1.0% 0.21% +0.06
RY Royal Bank of Canada Add +14.1% 0.28% +0.06
BAC Bank of America Corp. Add +8.1% 0.72% +0.05
MS Morgan Stanley Add +3.6% 0.46% +0.05
IBM Intl Business Machines Corp. Add +13.0% 0.44% +0.05
SNOW Snowflake Inc. Add +20.6% 0.11% +0.05
TRI Thomson Reuters Corp. New 0.04% +0.04
TD Toronto-Dominion Bank Add +9.9% 0.24% +0.04
BE Bloom Energy Corp. Class A Add +9.0% 0.09% +0.04
LITE Lumentum Holdings Inc. Add +86.3% 0.09% +0.04
COHR Coherent Corp. Add +38.7% 0.09% +0.04
ADI Analog Devices Inc. Add +8.2% 0.32% +0.04
CNC Centene Corp. Add +8.6% 0.09% +0.04
C Citigroup Inc. Add +3.5% 0.49% +0.04
TWLO Twilio Inc. Class A Add +9.4% 0.11% +0.04
OVV Ovintiv Inc. New 0.04% +0.04
HPE Hewlett Packard Enterprise Add +50.4% 0.07% +0.04
KIM Kimco Realty Corp. Add +221.1% 0.06% +0.04
CDNS Cadence Design SYS Inc. Add +10.1% 0.18% +0.04
CMI Cummins Inc. Add +8.6% 0.20% +0.04
CVS CVS Health Corp. Add +0.9% 0.19% +0.04
ABBV Abbvie Inc. Add +6.7% 0.71% +0.04
VRT Vertiv Holdings Co. Class A Add +8.8% 0.19% +0.04
HUM Humana Inc. Add +10.4% 0.07% +0.04
ALAB Astera Labs Inc. Add +8.3% 0.05% +0.03
BMO Bank of Montreal Add +11.1% 0.17% +0.03
ROK Rockwell Automation Inc. Add +7.9% 0.15% +0.03
KO The Coca-Cola Co. Add +16.4% 0.54% +0.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 590$12.0BNVDA, AAPL, MSFT, AMZN, GOOGL
Q1 2026 618$10.3BNVDA, AAPL, MSFT, AMZN, GOOGL
Q4 2025 619$11.0BNVDA, AAPL, MSFT, AMZN, GOOGL