S-Bank Fund Management Ltd
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 4, 2026), S-Bank Fund Management Ltd reported 249 stock positions worth $735.9 million. Its top holding was Nvidia (NVDA) at 7.9% of the portfolio, followed by Apple (AAPL, 6.8%) and Microsoft (MSFT, 5.0%). Compared with Q1 2026, it opened 125 new positions, sold out of 54, added to 53 and reduced 60. The biggest buy was Palo Alto Networks (PANW, shares +5041%) and the biggest sale Marvell Technology (MRVL, shares −94%).
- Most Recent 13F
- Q2 2026
- Location
- HELSINKI, H9
- CIK
- 0002036461
- Portfolio Value
- $735.9M (Q2 2026)
- SEC Filing
- 0002036461-26-000003 ↗ filed Aug 4, 2026
Holdings Value
Holdings 249 stocks · $735.9M
| NVDA Nvidia Corp. | 7.89% | 290,313 | $58.1M | Reduce -9.1% |
| AAPL Apple Inc. | 6.82% | 173,567 | $50.2M | Add +23.1% |
| MSFT Microsoft Corp. | 5.00% | 98,590 | $36.8M | Reduce -6.3% |
| GOOGL Alphabet Inc. Class A | 4.80% | 98,837 | $35.3M | Add +15.1% |
| AVGO Broadcom Inc. | 3.16% | 61,598 | $23.3M | Add +6.1% |
| AMZN Amazon.com Inc. | 3.08% | 95,026 | $22.6M | Add +0.4% |
| META Meta Platforms Inc. Class A | 2.90% | 37,856 | $21.3M | Add +89.3% |
| LLY Eli Lilly & Co. | 2.58% | 15,834 | $19.0M | Reduce -22.9% |
| WFC Wells Fargo & Co. | 2.25% | 200,000 | $16.5M | Add +4.6% |
| BAC Bank of America Corp. | 2.04% | 262,963 | $15.0M | Add +12.5% |
| PANW Palo Alto Networks Inc. | 1.85% | 39,995 | $13.6M | Add +5040.8% |
| COF Capital One Financial Corp. | 1.82% | 66,878 | $13.4M | Add +67.2% |
| NFLX Netflix Inc. | 1.61% | 166,159 | $11.9M | Add +5.3% |
| MU Micron Technology Inc. | 1.55% | 9,858 | $11.4M | Reduce -55.2% |
| EMR Emerson Electric Co. | 1.36% | 70,000 | $10.0M | No change |
| TMO Thermo Fisher Scientific Inc. | 1.36% | 19,943 | $10.0M | Reduce -5.0% |
| KO The Coca-Cola Co. | 1.23% | 111,355 | $9.0M | Add +23.7% |
| JPM JPMorgan Chase & Co. | 1.19% | 26,833 | $8.8M | Add +8.9% |
| PPG PPG Industries Inc. | 1.18% | 71,344 | $8.7M | Add +18.9% |
| DHR Danaher Corp. | 1.16% | 44,677 | $8.5M | Reduce -28.1% |
| PLD Prologis Inc. | 1.15% | 62,648 | $8.5M | Reduce -42.8% |
| GOOG Alphabet Inc. Class C | 1.14% | 23,833 | $8.4M | Reduce -27.7% |
| ALL Allstate Corp. | 1.08% | 33,557 | $8.0M | Add +4.9% |
| ROK Rockwell Automation Inc. | 1.06% | 15,828 | $7.8M | Add +5.8% |
| TSLA Tesla Inc. | 1.02% | 17,905 | $7.5M | Reduce -47.7% |
| ROST Ross Stores Inc. | 0.98% | 34,032 | $7.2M | Add +13.1% |
| PH Parker Hannifin Corp. | 0.98% | 7,381 | $7.2M | Add +23.0% |
| ILMN Illumina Inc. | 0.96% | 40,000 | $7.0M | No change |
| COST Costco Wholesale Corp. | 0.93% | 7,296 | $6.8M | Add +45.9% |
| AMAT Applied Materials Inc. | 0.86% | 8,793 | $6.4M | Reduce -56.0% |
| MCD McDonald's Corp. | 0.85% | 23,134 | $6.3M | Reduce -20.7% |
| CRM Salesforce Inc. | 0.84% | 39,299 | $6.2M | Reduce -26.0% |
| ZTS Zoetis Inc. | 0.80% | 82,144 | $5.9M | Add +643.3% |
| JNJ Johnson & Johnson | 0.79% | 22,884 | $5.8M | Add +144.8% |
| HEI Heico Corp. | 0.75% | 15,594 | $5.6M | Add +55.9% |
| INTU Intuit Inc. | 0.75% | 21,275 | $5.6M | Add +55.6% |
| V Visa Inc. Class A | 0.75% | 16,101 | $5.5M | Reduce -37.1% |
| SNPS Synopsys Inc. | 0.72% | 11,917 | $5.3M | Reduce -6.9% |
| NEE Nextera Energy Inc. | 0.71% | 59,820 | $5.3M | Reduce -31.2% |
| ECL Ecolab Inc. | 0.69% | 18,306 | $5.1M | No change |
| ADBE Adobe Inc. | 0.68% | 24,357 | $5.0M | Add +4.8% |
| ULTA Ulta Beauty Inc. | 0.66% | 10,726 | $4.8M | Add +8.3% |
| MELI MercadoLibre Inc. | 0.64% | 2,791 | $4.7M | Add +654.3% |
| NKE Nike Inc. Class B | 0.61% | 109,689 | $4.5M | Add +448.4% |
| TRMB Trimble Inc. | 0.60% | 86,770 | $4.4M | Reduce -0.8% |
| SYY Sysco Corp. | 0.57% | 50,000 | $4.2M | Add +66.7% |
| BDX Becton Dickinson and Co. | 0.56% | 27,458 | $4.2M | Reduce -21.6% |
| CMG Chipotle Mexican Grill Inc. | 0.55% | 120,000 | $4.1M | Reduce -6.0% |
| MRK Merck & Co. Inc. | 0.53% | 30,426 | $3.9M | Add +1.5% |
| AMD Advanced Micro Devices | 0.50% | 6,382 | $3.7M | Reduce -75.2% |
| WDAY Workday Inc. Class A | 0.50% | 30,000 | $3.7M | Add +3.8% |
| GEV GE Vernova Inc. | 0.48% | 3,000 | $3.5M | Reduce -57.1% |
| MMYT Makemytrip Ltd. | 0.46% | 64,000 | $3.4M | Add +42.2% |
| CSCO Cisco Systems Inc. | 0.46% | 28,608 | $3.4M | Reduce -15.1% |
| HD Home Depot Inc. | 0.45% | 9,437 | $3.3M | Add +214.6% |
| ACN Accenture PLC Class A | 0.45% | 26,340 | $3.3M | Add +5.7% |
| INTC Intel Corp. | 0.44% | 23,011 | $3.2M | New |
| HDB HDFC Bank Ltd.-ADR | 0.38% | 107,850 | $2.8M | No change |
| UNH Unitedhealth Group Inc. | 0.37% | 6,594 | $2.7M | Add +119.8% |
| ABBV Abbvie Inc. | 0.37% | 10,822 | $2.7M | Add +36.0% |
| WMT Walmart Inc. | 0.33% | 21,718 | $2.5M | New |
| HWM Howmet Aerospace Inc. | 0.32% | 8,843 | $2.4M | New |
| KLAC KLA Corp. | 0.32% | 7,828 | $2.4M | Reduce -12.8% |
| MA Mastercard Inc. Class A | 0.32% | 4,571 | $2.3M | Reduce -62.4% |
| MRVL Marvell Technology Inc. | 0.32% | 7,837 | $2.3M | Reduce -94.0% |
| GLOB Globant SA | 0.27% | 69,000 | $2.0M | No change |
| PG The Procter & Gamble Co. | 0.26% | 13,084 | $1.9M | New |
| CLX Clorox Company | 0.26% | 20,000 | $1.9M | No change |
| CCI Crown Castle Inc. | 0.26% | 25,000 | $1.9M | Reduce -28.5% |
| TMUS T-Mobile US Inc. | 0.25% | 10,785 | $1.8M | Reduce -31.3% |
| GRAB Grab Holdings Ltd. Class A | 0.24% | 475,000 | $1.8M | Add +48.4% |
| LIN Linde PLC | 0.24% | 3,427 | $1.8M | Reduce -84.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.24% | 6,275 | $1.8M | Reduce -58.6% |
| ABT Abbott Laboratories | 0.24% | 19,297 | $1.8M | Add +125.3% |
| AXON Axon Enterprise Inc. | 0.23% | 3,000 | $1.7M | Reduce -52.4% |
| QCOM Qualcomm Inc. | 0.21% | 8,515 | $1.6M | Add +31.6% |
| TXN Texas Instruments Inc. | 0.20% | 5,012 | $1.5M | Reduce -45.5% |
| LULU Lululemon Athletica Inc. | 0.20% | 13,000 | $1.5M | No change |
| APH Amphenol Corp. Class A | 0.20% | 8,361 | $1.5M | New |
| AMGN Amgen Inc. | 0.20% | 4,000 | $1.4M | Add +76.1% |
| GILD Gilead Sciences Inc. | 0.19% | 10,870 | $1.4M | Add +1243.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.19% | 9,028 | $1.4M | New |
| ORCL Oracle Corp. | 0.18% | 9,127 | $1.3M | Reduce -28.0% |
| PEP Pepsico Inc. | 0.17% | 9,245 | $1.3M | New |
| GS Goldman Sachs Group Inc. | 0.17% | 1,226 | $1.2M | New |
| FSLR First Solar Inc. | 0.16% | 4,853 | $1.1M | Reduce -69.5% |
| AXP American Express Co. | 0.15% | 3,308 | $1.1M | Add +2.9% |
| MS Morgan Stanley | 0.15% | 5,324 | $1.1M | New |
| ADI Analog Devices Inc. | 0.14% | 2,676 | $1.1M | Reduce -65.8% |
| GLW Corning Inc. | 0.14% | 4,101 | $1.0M | New |
| VRTX Vertex Pharmaceuticals Inc. | 0.14% | 2,034 | $1.0M | Add +47.7% |
| BKNG Booking Holdings Inc. | 0.14% | 5,584 | $995K | New |
| DE Deere & Co. | 0.13% | 1,542 | $978K | New |
| ISRG Intuitive Surgical Inc. | 0.13% | 2,453 | $976K | Add +45.2% |
| STLD Steel Dynamics Inc. | 0.13% | 4,227 | $970K | New |
| MCK McKesson Corp. | 0.13% | 1,264 | $955K | New |
| BNY Bank of New York Mellon Corp. | 0.13% | 6,597 | $954K | Add +0.9% |
| PFE Pfizer Inc. | 0.13% | 39,521 | $952K | New |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.13% | 9,824 | $946K | New |
| ORLY O'reilly Automotive Inc. | 0.13% | 10,192 | $939K | New |
Portfolio Sells Q1 2026 → Q2 2026
| MRVL Marvell Technology Inc. | Reduce -94.0% | 0.32% | −1.60 |
| LIN Linde PLC | Reduce -84.4% | 0.24% | −1.38 |
| EQIX Equinix Inc. | Reduce -94.5% | 0.06% | −1.01 |
| PLD Prologis Inc. | Reduce -42.8% | 1.15% | −1.00 |
| TSLA Tesla Inc. | Reduce -47.7% | 1.02% | −0.87 |
| MSFT Microsoft Corp. | Reduce -6.3% | 5.00% | −0.81 |
| DLR Digital Realty Trust Inc. | Reduce -93.3% | 0.05% | −0.80 |
| CRM Salesforce Inc. | Reduce -26.0% | 0.84% | −0.64 |
| DHR Danaher Corp. | Reduce -28.1% | 1.16% | −0.60 |
| MA Mastercard Inc. Class A | Reduce -62.4% | 0.32% | −0.59 |
| NOW ServiceNow Inc. | Reduce -87.4% | 0.07% | −0.54 |
| MCD McDonald's Corp. | Reduce -20.7% | 0.85% | −0.50 |
| NEE Nextera Energy Inc. | Reduce -31.2% | 0.71% | −0.49 |
| XYL Xylem Inc. | Sold out | 0.00% | −0.46 |
| GEV GE Vernova Inc. | Reduce -57.1% | 0.48% | −0.43 |
| V Visa Inc. Class A | Reduce -37.1% | 0.75% | −0.40 |
| NVDA Nvidia Corp. | Reduce -9.1% | 7.89% | −0.40 |
| EIX Edison International | Reduce -88.2% | 0.05% | −0.40 |
| AVB Avalonbay Communities Inc. | Sold out | 0.00% | −0.36 |
| AWK American Water Works Co. Inc. | Reduce -87.7% | 0.04% | −0.34 |
| FSLR First Solar Inc. | Reduce -69.5% | 0.16% | −0.31 |
| IBM Intl Business Machines Corp. | Reduce -58.6% | 0.24% | −0.31 |
| AMT American Tower Corp. | Reduce -83.4% | 0.05% | −0.30 |
| AMD Advanced Micro Devices | Reduce -75.2% | 0.50% | −0.28 |
| GOOG Alphabet Inc. Class C | Reduce -27.7% | 1.14% | −0.26 |
| BDX Becton Dickinson and Co. | Reduce -21.6% | 0.56% | −0.26 |
| WAT Waters Corp. | Sold out | 0.00% | −0.25 |
| MCO Moody's Corp. | Reduce -84.7% | 0.04% | −0.25 |
| TRMB Trimble Inc. | Reduce -0.8% | 0.60% | −0.25 |
| TMUS T-Mobile US Inc. | Reduce -31.3% | 0.25% | −0.25 |
| LLY Eli Lilly & Co. | Reduce -22.9% | 2.58% | −0.23 |
| ADI Analog Devices Inc. | Reduce -65.8% | 0.14% | −0.23 |
| SPGI S&P Global Inc. | Reduce -74.9% | 0.06% | −0.22 |
| TMO Thermo Fisher Scientific Inc. | Reduce -5.0% | 1.36% | −0.18 |
| UDR Udr Inc. | Sold out | 0.00% | −0.17 |
| AXON Axon Enterprise Inc. | Reduce -52.4% | 0.23% | −0.17 |
| RIVN Rivian Automotive Inc. Class A | Sold out | 0.00% | −0.17 |
| CCI Crown Castle Inc. | Reduce -28.5% | 0.26% | −0.17 |
| RPRX Royalty Pharma PLC Class A | Reduce -75.3% | 0.06% | −0.16 |
| AMAT Applied Materials Inc. | Reduce -56.0% | 0.86% | −0.15 |
| DOC Healthpeak Properties Inc. | Sold out | 0.00% | −0.15 |
| SCHW Schwab (charles) Corp. | Reduce -53.4% | 0.09% | −0.12 |
| SHW The Sherwin-Williams Co. | Reduce -53.1% | 0.10% | −0.11 |
| NDAQ Nasdaq Inc. | Sold out | 0.00% | −0.11 |
| MTD Mettler-Toledo International | Sold out | 0.00% | −0.11 |
| BBD Banco Bradesco-ADR | Reduce -50.0% | 0.08% | −0.10 |
| MSI Motorola Solutions Inc. | Reduce -45.4% | 0.09% | −0.10 |
| AFL Aflac Inc. | Reduce -49.4% | 0.10% | −0.10 |
| ORCL Oracle Corp. | Reduce -28.0% | 0.18% | −0.10 |
| DAR Darling Ingredients Inc. | Reduce -60.0% | 0.04% | −0.09 |
Portfolio Buys Q1 2026 → Q2 2026
| PANW Palo Alto Networks Inc. | Add +5040.8% | 1.85% | +1.83 |
| AAPL Apple Inc. | Add +23.1% | 6.82% | +1.49 |
| META Meta Platforms Inc. Class A | Add +89.3% | 2.90% | +1.19 |
| GOOGL Alphabet Inc. Class A | Add +15.1% | 4.80% | +1.12 |
| COF Capital One Financial Corp. | Add +67.2% | 1.82% | +0.74 |
| ZTS Zoetis Inc. | Add +643.3% | 0.80% | +0.61 |
| MELI MercadoLibre Inc. | Add +654.3% | 0.64% | +0.55 |
| AVGO Broadcom Inc. | Add +6.1% | 3.16% | +0.48 |
| NKE Nike Inc. Class B | Add +448.4% | 0.61% | +0.45 |
| JNJ Johnson & Johnson | Add +144.8% | 0.79% | +0.45 |
| INTC Intel Corp. | New | 0.44% | +0.44 |
| HEI Heico Corp. | Add +55.9% | 0.75% | +0.35 |
| BAC Bank of America Corp. | Add +12.5% | 2.04% | +0.34 |
| WMT Walmart Inc. | New | 0.33% | +0.33 |
| HWM Howmet Aerospace Inc. | New | 0.32% | +0.32 |
| HD Home Depot Inc. | Add +214.6% | 0.45% | +0.31 |
| ROK Rockwell Automation Inc. | Add +5.8% | 1.06% | +0.27 |
| PG The Procter & Gamble Co. | New | 0.26% | +0.26 |
| UNH Unitedhealth Group Inc. | Add +119.8% | 0.37% | +0.25 |
| SYY Sysco Corp. | Add +66.7% | 0.57% | +0.25 |
| PPG PPG Industries Inc. | Add +18.9% | 1.18% | +0.22 |
| MMYT Makemytrip Ltd. | Add +42.2% | 0.46% | +0.21 |
| KO The Coca-Cola Co. | Add +23.7% | 1.23% | +0.21 |
| APH Amphenol Corp. Class A | New | 0.20% | +0.20 |
| TJX TJX Companies Inc. | New | 0.19% | +0.19 |
| COST Costco Wholesale Corp. | Add +45.9% | 0.93% | +0.19 |
| PH Parker Hannifin Corp. | Add +23.0% | 0.98% | +0.18 |
| PEP Pepsico Inc. | New | 0.17% | +0.17 |
| GILD Gilead Sciences Inc. | Add +1243.6% | 0.19% | +0.17 |
| GS Goldman Sachs Group Inc. | New | 0.17% | +0.17 |
| MS Morgan Stanley | New | 0.15% | +0.15 |
| GLW Corning Inc. | New | 0.14% | +0.14 |
| AMZN Amazon.com Inc. | Add +0.4% | 3.08% | +0.14 |
| BKNG Booking Holdings Inc. | New | 0.14% | +0.14 |
| DE Deere & Co. | New | 0.13% | +0.13 |
| STLD Steel Dynamics Inc. | New | 0.13% | +0.13 |
| MCK McKesson Corp. | New | 0.13% | +0.13 |
| PFE Pfizer Inc. | New | 0.13% | +0.13 |
| DIS The Walt Disney Co. | New | 0.13% | +0.13 |
| ORLY O'reilly Automotive Inc. | New | 0.13% | +0.13 |
| SYK Stryker Corp. | New | 0.13% | +0.13 |
| T AT&T Inc. | New | 0.12% | +0.12 |
| URI United Rentals Inc. | New | 0.12% | +0.12 |
| VZ Verizon Communications Inc. | Add +1583.9% | 0.12% | +0.11 |
| TER Teradyne Inc. | New | 0.11% | +0.11 |
| CAH Cardinal Health Inc. | New | 0.11% | +0.11 |
| JPM JPMorgan Chase & Co. | Add +8.9% | 1.19% | +0.11 |
| TDG Transdigm Group Inc. | New | 0.11% | +0.11 |
| ABBV Abbvie Inc. | Add +36.0% | 0.37% | +0.11 |
| DELL Dell Technologies -C | New | 0.11% | +0.11 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 249 | $735.9M | NVDA, AAPL, MSFT, GOOGL, AVGO |
| Q1 2026 | 178 | $671.2M | NVDA, MSFT, AAPL, GOOGL, AMZN |
| Q4 2025 | 176 | $771.4M | NVDA, MSFT, AAPL, META, LLY |
| Q3 2025 | 207 | $753.5M | NVDA, MSFT, AAPL, AMZN, AVGO |
| Q2 2025 | 209 | $677.5M | MSFT, NVDA, AMZN, AAPL, AVGO |
| Q1 2025 | 192 | $531.0M | MSFT, NVDA, V, GOOGL, TSLA |