Skandinaviska Enskilda Banken AB (publ)
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 7, 2025), Skandinaviska Enskilda Banken AB (publ) reported 789 stock positions worth $24.9 billion. Its top holding was Nvidia (NVDA) at 9.1% of the portfolio, followed by Microsoft (MSFT, 7.9%) and Apple (AAPL, 5.4%). Compared with Q2 2025, it opened 68 new positions, sold out of 121, added to 218 and reduced 449. The biggest buy was Nvidia (NVDA, shares +14%) and the biggest sale Amazon.com (AMZN, shares −21%).
- Most Recent 13F
- Q2 2026
- Location
- STOCKHOLM, V7
- CIK
- 0001534653
- Portfolio Value
- $24.9B (Q3 2025)
- SEC Filing
- 0001534653-25-000011 ↗ filed Nov 7, 2025
Holdings Value
Holdings 789 stocks · $24.9B
| NVDA Nvidia Corp. | 9.06% | 12,105,650 | $2.3B | Add +14.2% |
| MSFT Microsoft Corp. | 7.92% | 3,813,147 | $2.0B | Add +2.9% |
| AAPL Apple Inc. | 5.42% | 5,302,012 | $1.4B | Add +0.0% |
| AMZN Amazon.com Inc. | 3.89% | 4,409,658 | $968.2M | Reduce -20.8% |
| META Meta Platforms Inc. Class A | 2.86% | 971,606 | $713.5M | Reduce -7.3% |
| AVGO Broadcom Inc. | 2.72% | 2,053,901 | $677.6M | Reduce -9.4% |
| GOOGL Alphabet Inc. Class A | 2.55% | 2,611,769 | $634.9M | Reduce -2.2% |
| GOOG Alphabet Inc. Class C | 1.84% | 1,879,336 | $457.7M | Add +31.1% |
| MA Mastercard Inc. Class A | 1.47% | 643,843 | $366.4M | Add +6.1% |
| TSLA Tesla Inc. | 1.40% | 782,043 | $347.7M | Reduce -27.5% |
| V Visa Inc. Class A | 1.20% | 874,546 | $298.7M | Reduce -19.5% |
| JPM JPMorgan Chase & Co. | 1.15% | 909,118 | $286.9M | Reduce -3.2% |
| LLY Eli Lilly & Co. | 1.10% | 359,142 | $274.0M | Add +9.2% |
| GILD Gilead Sciences Inc. | 1.02% | 2,280,740 | $253.2M | Reduce -3.1% |
| BSX Boston Scientific Corp. | 1.00% | 2,554,682 | $249.4M | Add +26.1% |
| C Citigroup Inc. | 0.97% | 2,381,897 | $241.8M | Add +13.8% |
| ADBE Adobe Inc. | 0.88% | 622,845 | $219.7M | Add +79.8% |
| ABBV Abbvie Inc. | 0.88% | 947,375 | $219.6M | Add +7.1% |
| ADSK Autodesk Inc. | 0.85% | 666,134 | $211.6M | Add +4.1% |
| BKNG Booking Holdings Inc. | 0.77% | 35,615 | $192.0M | Add +16.4% |
| INTU Intuit Inc. | 0.75% | 274,815 | $187.7M | Reduce -4.2% |
| MELI MercadoLibre Inc. | 0.72% | 76,542 | $178.6M | Add +53.1% |
| PGR Progressive Corp. | 0.68% | 685,100 | $169.2M | Reduce -1.4% |
| BMY Bristol-Myers Squibb Co. | 0.67% | 3,719,987 | $167.8M | Add +59.9% |
| MSI Motorola Solutions Inc. | 0.64% | 349,562 | $159.9M | Add +13.4% |
| PEP Pepsico Inc. | 0.61% | 1,086,507 | $152.5M | Add +287.2% |
| ORCL Oracle Corp. | 0.60% | 534,382 | $150.3M | Add +37.0% |
| TD Toronto-Dominion Bank | 0.59% | 1,845,369 | $147.6M | Add +85.2% |
| MRK Merck & Co. Inc. | 0.58% | 1,730,472 | $145.2M | Reduce -5.3% |
| JNJ Johnson & Johnson | 0.57% | 764,884 | $141.8M | Add +6.8% |
| NOW ServiceNow Inc. | 0.55% | 148,767 | $136.9M | Add +11.9% |
| TMO Thermo Fisher Scientific Inc. | 0.54% | 279,362 | $135.5M | Add +29.3% |
| QCOM Qualcomm Inc. | 0.53% | 787,719 | $131.1M | Reduce -9.1% |
| SYK Stryker Corp. | 0.52% | 348,478 | $128.8M | Reduce -0.9% |
| SNPS Synopsys Inc. | 0.52% | 260,494 | $128.5M | Add +151.3% |
| UNH Unitedhealth Group Inc. | 0.49% | 353,385 | $122.0M | Add +8.2% |
| GM General Motors Co. | 0.49% | 1,985,764 | $121.1M | Add +63.5% |
| AMD Advanced Micro Devices | 0.48% | 739,810 | $119.7M | Reduce -6.8% |
| CRM Salesforce Inc. | 0.48% | 501,441 | $118.8M | Add +8.3% |
| ZS Zscaler Inc. | 0.47% | 394,665 | $118.3M | Reduce -6.3% |
| MCD McDonald's Corp. | 0.47% | 381,922 | $116.1M | Reduce -1.4% |
| CSCO Cisco Systems Inc. | 0.46% | 1,664,742 | $113.9M | Add +53.7% |
| KLAC KLA Corp. | 0.45% | 103,583 | $111.7M | Add +4.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.44% | 387,895 | $109.4M | Reduce -1.9% |
| CL Colgate-Palmolive Co. | 0.43% | 1,355,285 | $108.3M | Reduce -17.0% |
| NFLX Netflix Inc. | 0.43% | 89,840 | $107.7M | Reduce -1.0% |
| TFC Truist Financial Corp. | 0.42% | 2,308,054 | $105.5M | Add +164.0% |
| HD Home Depot Inc. | 0.41% | 254,598 | $103.2M | Reduce -4.1% |
| NTAP Netapp Inc. | 0.41% | 868,413 | $102.9M | Add +0.8% |
| WMT Walmart Inc. | 0.39% | 951,422 | $98.1M | Add +5.2% |
| SPGI S&P Global Inc. | 0.39% | 198,295 | $96.5M | Add +27.7% |
| PG The Procter & Gamble Co. | 0.38% | 622,452 | $95.6M | Reduce -3.3% |
| MCK McKesson Corp. | 0.38% | 121,756 | $94.1M | Reduce -1.2% |
| COR Cencora Inc. | 0.37% | 295,771 | $92.4M | Reduce -4.1% |
| PLTR Palantir Technologies Inc. Class A | 0.37% | 506,310 | $92.4M | Add +9.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.37% | 1,779,654 | $91.8M | Reduce -11.6% |
| DD Dupont DE Nemours Inc. | 0.36% | 1,159,785 | $90.3M | Add +1135.4% |
| VEEV Veeva Systems Inc. Class A | 0.36% | 297,405 | $88.6M | Add +11.6% |
| GEV GE Vernova Inc. | 0.35% | 140,882 | $86.6M | Add +112.4% |
| EW Edwards Lifesciences Corp. | 0.34% | 1,083,292 | $84.2M | Reduce -0.6% |
| LRCX Lam Research Corp. | 0.30% | 564,163 | $75.5M | Reduce -8.7% |
| ABT Abbott Laboratories | 0.30% | 559,321 | $74.9M | Add +51.5% |
| EQIX Equinix Inc. | 0.30% | 94,922 | $74.3M | Add +37.2% |
| ISRG Intuitive Surgical Inc. | 0.30% | 165,629 | $74.1M | Reduce -2.4% |
| T AT&T Inc. | 0.29% | 2,538,712 | $71.7M | Add +17.2% |
| MU Micron Technology Inc. | 0.28% | 414,256 | $69.3M | Add +67.4% |
| ROP Roper Technologies Inc. | 0.27% | 133,409 | $66.5M | Reduce -0.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.26% | 565,370 | $64.7M | Add +43.4% |
| WFC Wells Fargo & Co. | 0.25% | 734,657 | $61.6M | Reduce -2.5% |
| VRTX Vertex Pharmaceuticals Inc. | 0.24% | 154,248 | $60.4M | Reduce -12.7% |
| GE General Electric filed as GE AEROSPACE | 0.24% | 200,000 | $60.2M | New |
| CI The Cigna Group | 0.24% | 208,558 | $60.1M | Reduce -8.7% |
| ALL Allstate Corp. | 0.24% | 279,824 | $60.1M | Add +163.3% |
| WDAY Workday Inc. Class A | 0.24% | 246,846 | $59.4M | Add +129.6% |
| VZ Verizon Communications Inc. | 0.24% | 1,341,074 | $58.9M | Add +48.9% |
| VLTO Veralto Corp. | 0.23% | 543,104 | $57.9M | Add +164.7% |
| HCA HCA Healthcare Inc. | 0.23% | 133,269 | $56.8M | Reduce -3.4% |
| CAT Caterpillar Inc. | 0.23% | 118,664 | $56.6M | Reduce -9.6% |
| CVS CVS Health Corp. | 0.23% | 748,763 | $56.4M | Reduce -1.0% |
| ADI Analog Devices Inc. | 0.23% | 228,517 | $56.1M | Add +84.9% |
| DHR Danaher Corp. | 0.23% | 282,958 | $56.1M | Add +113.8% |
| SBUX Starbucks Corp. | 0.22% | 662,000 | $56.0M | No change |
| XYL Xylem Inc. | 0.22% | 366,179 | $54.0M | Add +0.5% |
| INTC Intel Corp. | 0.21% | 1,591,638 | $53.4M | Reduce -7.6% |
| ANET Arista Networks Inc. | 0.21% | 364,507 | $53.1M | Reduce -24.2% |
| CCK Crown Holdings Inc. | 0.21% | 548,829 | $53.0M | Add +172.2% |
| KO The Coca-Cola Co. | 0.21% | 797,145 | $52.9M | Reduce -4.6% |
| NXT Nextpower Inc. filed as NEXTRACKER INC | 0.21% | 714,404 | $52.8M | Reduce -26.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.21% | 356,908 | $51.6M | Reduce -5.7% |
| GS Goldman Sachs Group Inc. | 0.21% | 64,425 | $51.3M | Reduce -6.1% |
| RGA Reinsurance Group of America | 0.21% | 266,131 | $51.1M | Add +84.1% |
| ZTS Zoetis Inc. | 0.20% | 346,807 | $50.7M | Add +0.6% |
| ADP Automatic Data Processing | 0.20% | 172,467 | $50.6M | Add +30.9% |
| OC Owens Corning | 0.20% | 349,058 | $49.4M | Reduce -24.0% |
| AMAT Applied Materials Inc. | 0.20% | 238,907 | $48.9M | Reduce -47.7% |
| HIG Hartford Insurance Group Inc. | 0.20% | 364,891 | $48.7M | Reduce -3.1% |
| INCY Incyte Corp. | 0.19% | 571,234 | $48.4M | Add +1346.2% |
| BSY Bentley Systems Inc. Class B | 0.19% | 927,738 | $47.8M | Add +0.7% |
| HLT Hilton Worldwide Holdings Inc. | 0.19% | 180,934 | $46.9M | Reduce -20.9% |
| TXN Texas Instruments Inc. | 0.19% | 252,561 | $46.4M | Add +5.3% |
Portfolio Sells Q2 2025 → Q3 2025
| AMZN Amazon.com Inc. | Reduce -20.8% | 3.89% | −1.43 |
| META Meta Platforms Inc. Class A | Reduce -7.3% | 2.86% | −0.51 |
| TT Trane Technologies PLC | Sold out | 0.00% | −0.48 |
| V Visa Inc. Class A | Reduce -19.5% | 1.20% | −0.48 |
| GWW WW Grainger Inc. | Reduce -68.3% | 0.16% | −0.45 |
| HST Host Hotels & Resorts Inc. | Sold out | 0.00% | −0.32 |
| FTNT Fortinet Inc. | Reduce -60.3% | 0.13% | −0.31 |
| INTU Intuit Inc. | Reduce -4.2% | 0.75% | −0.23 |
| ICE Intercontinental Exchange Inc. | Reduce -70.7% | 0.07% | −0.23 |
| CL Colgate-Palmolive Co. | Reduce -17.0% | 0.43% | −0.21 |
| AMAT Applied Materials Inc. | Reduce -47.7% | 0.20% | −0.17 |
| MFC Manulife Financial Corp. | Reduce -75.9% | 0.04% | −0.13 |
| PGR Progressive Corp. | Reduce -1.4% | 0.68% | −0.13 |
| AMGN Amgen Inc. | Reduce -36.7% | 0.18% | −0.12 |
| EME Emcor Group Inc. | Reduce -63.1% | 0.09% | −0.12 |
| GILD Gilead Sciences Inc. | Reduce -3.1% | 1.02% | −0.12 |
| MRSH Marsh & McLennan Cos | Reduce -51.2% | 0.08% | −0.11 |
| MANH Manhattan Associates Inc. | Reduce -60.2% | 0.07% | −0.11 |
| ISRG Intuitive Surgical Inc. | Reduce -2.4% | 0.30% | −0.10 |
| ZS Zscaler Inc. | Reduce -6.3% | 0.47% | −0.10 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -12.7% | 0.24% | −0.10 |
| DECK Deckers Outdoor Corp. | Reduce -87.6% | 0.01% | −0.10 |
| TSLA Tesla Inc. | Reduce -27.5% | 1.40% | −0.10 |
| DOCU Docusign Inc. | Reduce -78.5% | 0.02% | −0.10 |
| NFLX Netflix Inc. | Reduce -1.0% | 0.43% | −0.10 |
| SYK Stryker Corp. | Reduce -0.9% | 0.52% | −0.09 |
| SHW The Sherwin-Williams Co. | Reduce -33.8% | 0.14% | −0.09 |
| CI The Cigna Group | Reduce -8.7% | 0.24% | −0.09 |
| UTHR United Therapeutics Corp. | Reduce -78.9% | 0.03% | −0.08 |
| ECL Ecolab Inc. | Reduce -53.0% | 0.06% | −0.08 |
| OC Owens Corning | Reduce -24.0% | 0.20% | −0.08 |
| HLT Hilton Worldwide Holdings Inc. | Reduce -20.9% | 0.19% | −0.08 |
| QCOM Qualcomm Inc. | Reduce -9.1% | 0.53% | −0.07 |
| PAYX Paychex Inc. | Reduce -29.2% | 0.10% | −0.07 |
| LII Lennox International Inc. | Reduce -23.1% | 0.14% | −0.07 |
| PSA Public Storage | Reduce -46.3% | 0.07% | −0.07 |
| IBM Intl Business Machines Corp. | Reduce -1.9% | 0.44% | −0.07 |
| SITE Siteone Landscape Supply Inc. | Reduce -68.8% | 0.03% | −0.07 |
| AYI Acuity Inc. | Reduce -81.9% | 0.02% | −0.07 |
| MEDP Medpace Holdings Inc. | Reduce -87.3% | 0.02% | −0.07 |
| ROP Roper Technologies Inc. | Reduce -0.7% | 0.27% | −0.06 |
| PG The Procter & Gamble Co. | Reduce -3.3% | 0.38% | −0.06 |
| PCTY Paylocity Holding Corp. | Reduce -25.6% | 0.09% | −0.06 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.06 |
| RMD Resmed Inc. | Reduce -36.6% | 0.09% | −0.06 |
| INGR Ingredion Inc. | Reduce -61.8% | 0.03% | −0.06 |
| WPC WP Carey Inc. | Reduce -71.8% | 0.02% | −0.05 |
| VRSK Verisk Analytics Inc. | Reduce -30.1% | 0.05% | −0.05 |
| LPX Louisiana-Pacific Corp. | Reduce -75.4% | 0.02% | −0.05 |
| NXPI NXP Semiconductors NV | Reduce -95.8% | 0.00% | −0.05 |
Portfolio Buys Q2 2025 → Q3 2025
| NVDA Nvidia Corp. | Add +14.2% | 9.06% | +1.77 |
| GOOG Alphabet Inc. Class C | Add +31.1% | 1.84% | +0.73 |
| AAPL Apple Inc. | Add +0.0% | 5.42% | +0.68 |
| PEP Pepsico Inc. | Add +287.2% | 0.61% | +0.45 |
| DD Dupont DE Nemours Inc. | Add +1135.4% | 0.36% | +0.33 |
| ADBE Adobe Inc. | Add +79.8% | 0.88% | +0.30 |
| SNPS Synopsys Inc. | Add +151.3% | 0.52% | +0.28 |
| TD Toronto-Dominion Bank | Add +85.2% | 0.59% | +0.27 |
| TFC Truist Financial Corp. | Add +164.0% | 0.42% | +0.26 |
| GE General Electric | New | 0.24% | +0.24 |
| ORCL Oracle Corp. | Add +37.0% | 0.60% | +0.23 |
| GM General Motors Co. | Add +63.5% | 0.49% | +0.23 |
| BMY Bristol-Myers Squibb Co. | Add +59.9% | 0.67% | +0.20 |
| GEV GE Vernova Inc. | Add +112.4% | 0.35% | +0.19 |
| C Citigroup Inc. | Add +13.8% | 0.97% | +0.19 |
| INCY Incyte Corp. | Add +1346.2% | 0.19% | +0.18 |
| ABBV Abbvie Inc. | Add +7.1% | 0.88% | +0.17 |
| TMO Thermo Fisher Scientific Inc. | Add +29.3% | 0.54% | +0.16 |
| MELI MercadoLibre Inc. | Add +53.1% | 0.72% | +0.16 |
| ALL Allstate Corp. | Add +163.3% | 0.24% | +0.15 |
| MU Micron Technology Inc. | Add +67.4% | 0.28% | +0.15 |
| VLTO Veralto Corp. | Add +164.7% | 0.23% | +0.14 |
| CSCO Cisco Systems Inc. | Add +53.7% | 0.46% | +0.13 |
| WDAY Workday Inc. Class A | Add +129.6% | 0.24% | +0.13 |
| GD General Dynamics Corp. | New | 0.12% | +0.12 |
| CCK Crown Holdings Inc. | Add +172.2% | 0.21% | +0.12 |
| BWA Borgwarner Inc. | Add +168.3% | 0.17% | +0.12 |
| DHR Danaher Corp. | Add +113.8% | 0.23% | +0.11 |
| LYFT LYFT Inc. Class A | New | 0.10% | +0.10 |
| APP AppLovin Corp. Class A | Add +17.3% | 0.18% | +0.10 |
| ADI Analog Devices Inc. | Add +84.9% | 0.23% | +0.10 |
| PLTR Palantir Technologies Inc. Class A | Add +9.5% | 0.37% | +0.10 |
| EG Everest Group Ltd. | Add +142.0% | 0.17% | +0.09 |
| JNJ Johnson & Johnson | Add +6.8% | 0.57% | +0.09 |
| ABT Abbott Laboratories | Add +51.5% | 0.30% | +0.08 |
| RGA Reinsurance Group of America | Add +84.1% | 0.21% | +0.08 |
| MGA Magna International Inc. | Add +321.4% | 0.10% | +0.08 |
| MSI Motorola Solutions Inc. | Add +13.4% | 0.64% | +0.08 |
| WPM Wheaton Precious Metals Corp. | Add +231.0% | 0.10% | +0.07 |
| FSV Firstservice Corp. | Add +111.3% | 0.12% | +0.07 |
| VZ Verizon Communications Inc. | Add +48.9% | 0.24% | +0.07 |
| EXPE Expedia Group Inc. | Add +37.3% | 0.17% | +0.06 |
| CARR Carrier Global Corp. | Add +194.6% | 0.12% | +0.06 |
| KLAC KLA Corp. | Add +4.5% | 0.45% | +0.06 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +148.8% | 0.09% | +0.06 |
| EQIX Equinix Inc. | Add +37.2% | 0.30% | +0.06 |
| AZZ Azz Inc. | New | 0.06% | +0.06 |
| BSX Boston Scientific Corp. | Add +26.1% | 1.00% | +0.05 |
| VMRK Vivmark Residential | Add +155.4% | 0.09% | +0.05 |
| COST Costco Wholesale Corp. | Add +74.5% | 0.14% | +0.05 |
Notes & Other Activity Q2 2025 → Q3 2025
| GENVR Gen Digital Inc. - CVR | RIGHT 99/99/9999 | Sold out | 9,627 | $79Kbefore exit |
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 |