Skandinaviska Enskilda Banken AB (publ)
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Skandinaviska Enskilda Banken AB (publ) reported 842 stock positions worth $23.0 billion. Its top holding was Microsoft (MSFT) at 8.0% of the portfolio, followed by Nvidia (NVDA, 7.3%) and Amazon.com (AMZN, 5.3%). Compared with Q1 2025, it opened 82 new positions, sold out of 75, added to 314 and reduced 289. The biggest buy was Microsoft (MSFT, shares +20%) and the biggest sale Unitedhealth (UNH, shares −26%).
- Most Recent 13F
- Q2 2026
- Location
- STOCKHOLM, V7
- CIK
- 0001534653
- Portfolio Value
- $23.0B (Q2 2025)
- SEC Filing
- 0001534653-25-000009 ↗ filed Aug 13, 2025
Holdings Value
Holdings 842 stocks · $23.0B
| MSFT Microsoft Corp. | 8.03% | 3,705,673 | $1.8B | Add +20.4% |
| NVDA Nvidia Corp. | 7.29% | 10,603,116 | $1.7B | Add +1.6% |
| AMZN Amazon.com Inc. | 5.32% | 5,566,060 | $1.2B | Add +4.6% |
| AAPL Apple Inc. | 4.73% | 5,299,969 | $1.1B | Add +12.0% |
| META Meta Platforms Inc. Class A | 3.37% | 1,047,775 | $773.6M | Reduce -11.5% |
| AVGO Broadcom Inc. | 2.72% | 2,266,288 | $624.7M | Add +15.9% |
| GOOGL Alphabet Inc. Class A | 2.05% | 2,669,509 | $470.4M | Reduce -4.3% |
| V Visa Inc. Class A | 1.68% | 1,086,560 | $385.8M | Reduce -9.6% |
| TSLA Tesla Inc. | 1.49% | 1,079,003 | $342.7M | Reduce -7.4% |
| MA Mastercard Inc. Class A | 1.48% | 606,750 | $339.8M | Add +4.2% |
| JPM JPMorgan Chase & Co. | 1.19% | 939,097 | $272.4M | Reduce -25.3% |
| GILD Gilead Sciences Inc. | 1.14% | 2,352,958 | $260.7M | Add +12.0% |
| LLY Eli Lilly & Co. | 1.12% | 329,014 | $256.5M | Add +2.4% |
| GOOG Alphabet Inc. Class C | 1.11% | 1,433,938 | $254.3M | Reduce -2.6% |
| INTU Intuit Inc. | 0.98% | 286,888 | $226.0M | Reduce -0.6% |
| BSX Boston Scientific Corp. | 0.95% | 2,025,153 | $217.5M | Add +48.7% |
| ADSK Autodesk Inc. | 0.86% | 639,645 | $198.0M | Add +210.9% |
| PGR Progressive Corp. | 0.81% | 695,016 | $185.5M | Reduce -16.9% |
| C Citigroup Inc. | 0.78% | 2,093,882 | $178.2M | Add +86.1% |
| BKNG Booking Holdings Inc. | 0.77% | 30,584 | $177.0M | Reduce -21.5% |
| ABBV Abbvie Inc. | 0.72% | 884,419 | $164.2M | Reduce -1.1% |
| CL Colgate-Palmolive Co. | 0.65% | 1,632,904 | $148.4M | Reduce -8.4% |
| MRK Merck & Co. Inc. | 0.63% | 1,827,741 | $144.7M | Reduce -4.8% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.61% | 134,563 | $140.0M | Reduce -1.7% |
| SYK Stryker Corp. | 0.61% | 351,701 | $139.1M | Add +8.9% |
| QCOM Qualcomm Inc. | 0.60% | 866,116 | $137.9M | Reduce -19.3% |
| NOW ServiceNow Inc. | 0.60% | 132,968 | $136.7M | Reduce -44.9% |
| ADBE Adobe Inc. | 0.58% | 346,434 | $134.0M | Add +28.6% |
| ZS Zscaler Inc. | 0.58% | 421,393 | $132.2M | Add +167.7% |
| MSI Motorola Solutions Inc. | 0.56% | 308,265 | $129.6M | Reduce -31.1% |
| MELI MercadoLibre Inc. | 0.56% | 49,979 | $127.9M | Add +219.5% |
| CRM Salesforce Inc. | 0.55% | 462,855 | $126.2M | Reduce -19.3% |
| NFLX Netflix Inc. | 0.53% | 90,766 | $121.6M | Reduce -1.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.51% | 395,274 | $116.5M | Add +83.2% |
| MCD McDonald's Corp. | 0.49% | 387,333 | $113.2M | Add +165.4% |
| AMD Advanced Micro Devices | 0.49% | 793,761 | $112.6M | Add +82.9% |
| TT Trane Technologies PLC | 0.48% | 253,829 | $111.0M | Add +0.8% |
| JNJ Johnson & Johnson | 0.48% | 716,327 | $109.4M | Add +9.0% |
| BMY Bristol-Myers Squibb Co. | 0.47% | 2,326,341 | $107.7M | Add +77.3% |
| PG The Procter & Gamble Co. | 0.45% | 643,517 | $102.5M | Add +10.1% |
| UNH Unitedhealth Group Inc. | 0.44% | 326,494 | $101.9M | Reduce -26.2% |
| FTNT Fortinet Inc. | 0.43% | 936,399 | $99.0M | Add +6.5% |
| HD Home Depot Inc. | 0.42% | 265,591 | $97.4M | Add +10.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.41% | 2,012,356 | $95.2M | Add +9.5% |
| COR Cencora Inc. | 0.40% | 308,510 | $92.5M | Reduce -17.6% |
| ISRG Intuitive Surgical Inc. | 0.40% | 169,713 | $92.3M | Add +0.4% |
| NTAP Netapp Inc. | 0.40% | 861,195 | $91.7M | Reduce -19.4% |
| MCK McKesson Corp. | 0.39% | 123,246 | $90.3M | Add +36.8% |
| KLAC KLA Corp. | 0.39% | 99,090 | $88.8M | Add +13.3% |
| WMT Walmart Inc. | 0.39% | 904,105 | $88.4M | Reduce -18.7% |
| TMO Thermo Fisher Scientific Inc. | 0.38% | 216,114 | $87.6M | Reduce -8.8% |
| ORCL Oracle Corp. | 0.37% | 389,979 | $85.3M | Reduce -7.7% |
| EW Edwards Lifesciences Corp. | 0.37% | 1,090,051 | $85.3M | Add +15.2% |
| AMAT Applied Materials Inc. | 0.36% | 456,535 | $83.5M | Reduce -16.9% |
| SPGI S&P Global Inc. | 0.36% | 155,292 | $81.9M | Reduce -15.5% |
| VRTX Vertex Pharmaceuticals Inc. | 0.34% | 176,604 | $78.6M | Reduce -5.3% |
| VEEV Veeva Systems Inc. Class A | 0.33% | 266,571 | $76.8M | Add +21.5% |
| ROP Roper Technologies Inc. | 0.33% | 134,396 | $76.2M | Add +10.8% |
| CI The Cigna Group | 0.33% | 228,316 | $75.5M | Add +31.7% |
| CSCO Cisco Systems Inc. | 0.33% | 1,083,234 | $75.1M | Add +2.1% |
| HST Host Hotels & Resorts Inc. | 0.32% | 4,836,446 | $74.3M | Reduce -37.6% |
| TD Toronto-Dominion Bank | 0.32% | 996,707 | $73.2M | Add +309.6% |
| AMGN Amgen Inc. | 0.30% | 248,495 | $69.4M | Reduce -20.5% |
| ICE Intercontinental Exchange Inc. | 0.30% | 374,598 | $68.7M | Add +38.7% |
| OC Owens Corning | 0.28% | 459,346 | $63.2M | Reduce -3.4% |
| PLTR Palantir Technologies Inc. Class A | 0.27% | 462,400 | $63.0M | Add +9148.0% |
| T AT&T Inc. | 0.27% | 2,165,431 | $62.7M | Add +2.7% |
| HLT Hilton Worldwide Holdings Inc. | 0.27% | 228,669 | $60.9M | Add +1.8% |
| SBUX Starbucks Corp. | 0.26% | 662,000 | $60.7M | New |
| WFC Wells Fargo & Co. | 0.26% | 753,148 | $60.3M | Reduce -32.4% |
| LRCX Lam Research Corp. | 0.26% | 617,838 | $60.1M | Reduce -11.4% |
| GM General Motors Co. | 0.26% | 1,214,603 | $59.8M | Reduce -5.2% |
| KO The Coca-Cola Co. | 0.26% | 835,829 | $59.1M | Reduce -9.1% |
| EQIX Equinix Inc. | 0.24% | 69,190 | $55.0M | Add +207.6% |
| ZTS Zoetis Inc. | 0.23% | 344,731 | $53.8M | Add +2.0% |
| SNPS Synopsys Inc. | 0.23% | 103,638 | $53.2M | Add +2.8% |
| SHW The Sherwin-Williams Co. | 0.23% | 154,754 | $53.1M | Add +161.6% |
| NXT Nextpower Inc. filed as NEXTRACKER INC | 0.23% | 972,904 | $52.9M | Reduce -7.3% |
| HCA HCA Healthcare Inc. | 0.23% | 137,885 | $52.8M | Reduce -19.5% |
| CVS CVS Health Corp. | 0.23% | 756,419 | $52.2M | Add +33.8% |
| CAT Caterpillar Inc. | 0.22% | 131,309 | $51.0M | Reduce -22.1% |
| ABT Abbott Laboratories | 0.22% | 369,066 | $50.2M | Add +1.3% |
| TXN Texas Instruments Inc. | 0.22% | 239,885 | $49.8M | Reduce -1.5% |
| BSY Bentley Systems Inc. Class B | 0.22% | 921,469 | $49.8M | Add +14.6% |
| ANET Arista Networks Inc. | 0.21% | 481,056 | $49.2M | Reduce -12.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.21% | 394,284 | $48.9M | Add +3.5% |
| GS Goldman Sachs Group Inc. | 0.21% | 68,626 | $48.6M | Reduce -10.3% |
| EME Emcor Group Inc. | 0.21% | 90,071 | $48.2M | Reduce -47.3% |
| HIG Hartford Insurance Group Inc. | 0.21% | 376,763 | $47.8M | Reduce -5.8% |
| LII Lennox International Inc. | 0.21% | 83,317 | $47.8M | Reduce -12.4% |
| XYL Xylem Inc. | 0.21% | 364,471 | $47.1M | Add +13.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.20% | 378,311 | $46.7M | Add +16.2% |
| CMCSA Comcast Corp. Class A | 0.20% | 1,277,877 | $45.6M | Add +30.5% |
| COF Capital One Financial Corp. | 0.19% | 204,341 | $43.5M | Add +17.9% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.19% | 473,755 | $43.2M | Reduce -58.7% |
| MRSH Marsh & McLennan Cos | 0.19% | 196,760 | $43.0M | Add +18.8% |
| ADP Automatic Data Processing | 0.18% | 131,806 | $40.6M | Add +7.3% |
| UBER Uber Technologies Inc. | 0.18% | 434,482 | $40.5M | Add +11.6% |
| CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC | 0.18% | 437,609 | $40.3M | Add +7.6% |
| MANH Manhattan Associates Inc. | 0.17% | 200,356 | $39.6M | Reduce -42.4% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $79K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| GENVR Gen Digital Inc. - CVR | RIGHT 99/99/9999 | 9,627 | $79K | New |
Total filed on the 13F, all lines: $23.0B.
Portfolio Sells Q1 2025 → Q2 2025
| UNH Unitedhealth Group Inc. | Reduce -26.2% | 0.44% | −0.70 |
| MSI Motorola Solutions Inc. | Reduce -31.1% | 0.56% | −0.40 |
| V Visa Inc. Class A | Reduce -9.6% | 1.68% | −0.39 |
| PGR Progressive Corp. | Reduce -16.9% | 0.81% | −0.36 |
| NOW ServiceNow Inc. | Reduce -44.9% | 0.60% | −0.35 |
| JPM JPMorgan Chase & Co. | Reduce -25.3% | 1.19% | −0.33 |
| BNY Bank of New York Mellon Corp. | Reduce -58.7% | 0.19% | −0.29 |
| TMUS T-Mobile US Inc. | Reduce -62.5% | 0.12% | −0.28 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -69.3% | 0.09% | −0.28 |
| DOCU Docusign Inc. | Reduce -61.7% | 0.12% | −0.25 |
| DECK Deckers Outdoor Corp. | Reduce -60.9% | 0.11% | −0.24 |
| MRK Merck & Co. Inc. | Reduce -4.8% | 0.63% | −0.22 |
| HST Host Hotels & Resorts Inc. | Reduce -37.6% | 0.32% | −0.22 |
| QCOM Qualcomm Inc. | Reduce -19.3% | 0.60% | −0.21 |
| ABBV Abbvie Inc. | Reduce -1.1% | 0.72% | −0.21 |
| CRM Salesforce Inc. | Reduce -19.3% | 0.55% | −0.21 |
| TMO Thermo Fisher Scientific Inc. | Reduce -8.8% | 0.38% | −0.20 |
| DHR Danaher Corp. | Reduce -55.5% | 0.11% | −0.19 |
| AMGN Amgen Inc. | Reduce -20.5% | 0.30% | −0.18 |
| CL Colgate-Palmolive Co. | Reduce -8.4% | 0.65% | −0.18 |
| MSCI MSCI Inc. | Reduce -77.7% | 0.04% | −0.17 |
| WSM Williams-Sonoma Inc. | Reduce -72.9% | 0.05% | −0.15 |
| KEYS Keysight Technologies Inc. | Reduce -68.6% | 0.07% | −0.15 |
| SPG Simon Property Group Inc. | Reduce -39.2% | 0.16% | −0.15 |
| CNM Core & Main Inc. Class A | Reduce -99.2% | 0.00% | −0.15 |
| ECL Ecolab Inc. | Reduce -46.9% | 0.14% | −0.14 |
| RTX RTX Corp. | Reduce -48.9% | 0.14% | −0.14 |
| MEDP Medpace Holdings Inc. | Reduce -59.0% | 0.08% | −0.14 |
| WFC Wells Fargo & Co. | Reduce -32.4% | 0.26% | −0.13 |
| MANH Manhattan Associates Inc. | Reduce -42.4% | 0.17% | −0.12 |
| PTC PTC Inc. | Reduce -63.9% | 0.06% | −0.11 |
| BKNG Booking Holdings Inc. | Reduce -21.5% | 0.77% | −0.11 |
| COR Cencora Inc. | Reduce -17.6% | 0.40% | −0.11 |
| SPGI S&P Global Inc. | Reduce -15.5% | 0.36% | −0.10 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -5.3% | 0.34% | −0.10 |
| EME Emcor Group Inc. | Reduce -47.3% | 0.21% | −0.10 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.10 |
| WMT Walmart Inc. | Reduce -18.7% | 0.39% | −0.10 |
| CTAS Cintas Corp. | Reduce -40.0% | 0.13% | −0.09 |
| JKHY Jack Henry & Associates Inc. | Reduce -86.1% | 0.01% | −0.09 |
| LPX Louisiana-Pacific Corp. | Reduce -45.6% | 0.06% | −0.08 |
| GOOGL Alphabet Inc. Class A | Reduce -4.3% | 2.05% | −0.08 |
| RMD Resmed Inc. | Reduce -34.2% | 0.15% | −0.07 |
| KO The Coca-Cola Co. | Reduce -9.1% | 0.26% | −0.07 |
| LOW Lowe's Cos Inc. | Reduce -16.6% | 0.15% | −0.06 |
| NVR NVR Inc. | Reduce -44.9% | 0.06% | −0.06 |
| PKG Packaging Corp. of America | Reduce -68.5% | 0.02% | −0.06 |
| NTAP Netapp Inc. | Reduce -19.4% | 0.40% | −0.06 |
| HCA HCA Healthcare Inc. | Reduce -19.5% | 0.23% | −0.06 |
| ALL Allstate Corp. | Reduce -29.3% | 0.09% | −0.06 |
Portfolio Buys Q1 2025 → Q2 2025
| MSFT Microsoft Corp. | Add +20.4% | 8.03% | +2.34 |
| NVDA Nvidia Corp. | Add +1.6% | 7.29% | +1.71 |
| AVGO Broadcom Inc. | Add +15.9% | 2.72% | +1.11 |
| ADSK Autodesk Inc. | Add +210.9% | 0.86% | +0.60 |
| ZS Zscaler Inc. | Add +167.7% | 0.58% | +0.42 |
| MELI MercadoLibre Inc. | Add +219.5% | 0.56% | +0.41 |
| C Citigroup Inc. | Add +86.1% | 0.78% | +0.38 |
| AMZN Amazon.com Inc. | Add +4.6% | 5.32% | +0.33 |
| PLTR Palantir Technologies Inc. Class A | Add +9148.0% | 0.27% | +0.27 |
| AMD Advanced Micro Devices | Add +82.9% | 0.49% | +0.27 |
| BSX Boston Scientific Corp. | Add +48.7% | 0.95% | +0.27 |
| MCD McDonald's Corp. | Add +165.4% | 0.49% | +0.27 |
| SBUX Starbucks Corp. | New | 0.26% | +0.26 |
| TD Toronto-Dominion Bank | Add +309.6% | 0.32% | +0.25 |
| IBM Intl Business Machines Corp. | Add +83.2% | 0.51% | +0.24 |
| EQIX Equinix Inc. | Add +207.6% | 0.24% | +0.15 |
| TME Tencent Music Entertainm-ADR | Add +993.5% | 0.15% | +0.14 |
| SHW The Sherwin-Williams Co. | Add +161.6% | 0.23% | +0.13 |
| ZM Zoom Communications Inc. | Add +198.4% | 0.16% | +0.10 |
| MCK McKesson Corp. | Add +36.8% | 0.39% | +0.09 |
| KLAC KLA Corp. | Add +13.3% | 0.39% | +0.09 |
| RGA Reinsurance Group of America | Add +300.3% | 0.12% | +0.09 |
| VEEV Veeva Systems Inc. Class A | Add +21.5% | 0.33% | +0.08 |
| CCK Crown Holdings Inc. | Add +539.0% | 0.09% | +0.08 |
| TFC Truist Financial Corp. | Add +100.0% | 0.16% | +0.08 |
| ADBE Adobe Inc. | Add +28.6% | 0.58% | +0.07 |
| BMY Bristol-Myers Squibb Co. | Add +77.3% | 0.47% | +0.07 |
| ICE Intercontinental Exchange Inc. | Add +38.7% | 0.30% | +0.07 |
| GEV GE Vernova Inc. | Add +19.4% | 0.15% | +0.07 |
| TT Trane Technologies PLC | Add +0.8% | 0.48% | +0.07 |
| BSY Bentley Systems Inc. Class B | Add +14.6% | 0.22% | +0.06 |
| EXPE Expedia Group Inc. | Add +144.6% | 0.11% | +0.06 |
| BWA Borgwarner Inc. | Add +34113.4% | 0.05% | +0.05 |
| RY Royal Bank of Canada | Add +4.4% | 0.16% | +0.05 |
| CHD Church & Dwight Co. Inc. | Add +131.5% | 0.11% | +0.05 |
| CI The Cigna Group | Add +31.7% | 0.33% | +0.05 |
| USB US Bancorp | Add +52.5% | 0.15% | +0.05 |
| MET Metlife Inc. | Add +116.4% | 0.10% | +0.05 |
| EG Everest Group Ltd. | Add +243.5% | 0.07% | +0.05 |
| ROL Rollins Inc. | Add +92.8% | 0.10% | +0.04 |
| EQH Equitable Holdings Inc. | Add +126.6% | 0.08% | +0.04 |
| AME Ametek Inc. | Add +104.6% | 0.09% | +0.04 |
| ARW Arrow Electronics Inc. | Add +208.7% | 0.06% | +0.04 |
| TENB Tenable Holdings Inc. | Add +293.6% | 0.06% | +0.04 |
| P Everpure Inc. Class A | Add +59.0% | 0.09% | +0.04 |
| GLPI Gaming and Leisure Propertie | Add +102.9% | 0.10% | +0.04 |
| SNA Snap-on Inc. | Add +140.1% | 0.08% | +0.04 |
| CVS CVS Health Corp. | Add +33.8% | 0.23% | +0.04 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +9.8% | 0.13% | +0.04 |
| DGX Quest Diagnostics Inc. | Add +42.1% | 0.15% | +0.04 |
Notes & Other Activity Q1 2025 → Q2 2025
| GENVR Gen Digital Inc. - CVR | RIGHT 99/99/9999 | New | 9,627 | $79K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 166 | $2.7B | NVDA, MSFT, AMZN, GOOGL, AAPL |
| Q1 2026 | 163 | $4.3B | MSFT, NVDA, AMZN, AAPL, GOOGL |
| Q4 2025 | 710 | $24.9B | NVDA, MSFT, AAPL, AMZN, GOOGL |
| Q3 2025 | 789 | $24.9B | NVDA, MSFT, AAPL, AMZN, META |
| Q2 2025 | 842 | $23.0B | MSFT, NVDA, AMZN, AAPL, META |
| Q1 2025 | 835 | $20.3B | MSFT, NVDA, AAPL, AMZN, META |
| Q4 2024 | 840 | $22.1B | NVDA, AAPL, MSFT, AMZN, META |
| Q3 2024 | 826 | $21.7B | NVDA, MSFT, AAPL, AMZN, META |
| Q2 2024 | 770 | $20.8B | MSFT, NVDA, AAPL, AMZN, GOOGL |
| Q1 2024 | 784 | $20.4B | MSFT, NVDA, AAPL, AMZN, GOOGL |