Skandinaviska Enskilda Banken AB (publ)
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Skandinaviska Enskilda Banken AB (publ) reported 710 stock positions worth $24.9 billion. Its top holding was Nvidia (NVDA) at 8.3% of the portfolio, followed by Microsoft (MSFT, 7.4%) and Apple (AAPL, 5.5%). Compared with Q3 2025, it opened 59 new positions, sold out of 139, added to 236 and reduced 376. The biggest buy was Alphabet Class A (GOOGL, shares +1%) and the biggest sale Nvidia (NVDA, shares −8%).
- Most Recent 13F
- Q2 2026
- Location
- STOCKHOLM, V7
- CIK
- 0001534653
- Portfolio Value
- $24.9B (Q4 2025)
- SEC Filing
- 0001534653-26-000001 ↗ filed Feb 12, 2026
Holdings Value
Holdings 710 stocks · $24.9B
| NVDA Nvidia Corp. | 8.30% | 11,087,101 | $2.1B | Reduce -8.4% |
| MSFT Microsoft Corp. | 7.36% | 3,798,188 | $1.8B | Reduce -0.4% |
| AAPL Apple Inc. | 5.45% | 5,001,960 | $1.4B | Reduce -5.7% |
| AMZN Amazon.com Inc. | 4.19% | 4,525,600 | $1.0B | Add +2.6% |
| GOOGL Alphabet Inc. Class A | 3.30% | 2,631,233 | $823.6M | Add +0.8% |
| AVGO Broadcom Inc. | 3.04% | 2,190,060 | $758.0M | Add +6.6% |
| META Meta Platforms Inc. Class A | 2.57% | 970,394 | $640.4M | Reduce -0.1% |
| GOOG Alphabet Inc. Class C | 1.78% | 1,417,132 | $444.7M | Reduce -24.6% |
| LLY Eli Lilly & Co. | 1.50% | 347,671 | $373.7M | Reduce -3.2% |
| TSLA Tesla Inc. | 1.42% | 789,409 | $355.0M | Add +0.9% |
| MA Mastercard Inc. Class A | 1.42% | 614,479 | $353.2M | Reduce -4.6% |
| C Citigroup Inc. | 1.12% | 2,390,365 | $279.5M | Add +0.4% |
| BSX Boston Scientific Corp. | 1.08% | 2,835,055 | $270.3M | Add +11.0% |
| GILD Gilead Sciences Inc. | 1.04% | 2,117,550 | $259.9M | Reduce -7.2% |
| V Visa Inc. Class A | 1.03% | 735,191 | $258.0M | Reduce -15.9% |
| JPM JPMorgan Chase & Co. | 0.92% | 713,383 | $229.8M | Reduce -21.5% |
| ADBE Adobe Inc. | 0.92% | 652,266 | $228.3M | Add +4.7% |
| JNJ Johnson & Johnson | 0.91% | 1,094,385 | $226.5M | Add +43.1% |
| BMY Bristol-Myers Squibb Co. | 0.86% | 3,995,455 | $215.6M | Add +7.4% |
| LRCX Lam Research Corp. | 0.86% | 1,252,677 | $214.4M | Add +122.0% |
| ABBV Abbvie Inc. | 0.79% | 863,407 | $197.3M | Reduce -8.9% |
| MRK Merck & Co. Inc. | 0.77% | 1,828,045 | $192.4M | Add +5.6% |
| GM General Motors Co. | 0.73% | 2,231,091 | $181.4M | Add +12.3% |
| TD Toronto-Dominion Bank | 0.72% | 1,912,794 | $180.2M | Add +3.6% |
| TFC Truist Financial Corp. | 0.68% | 3,428,488 | $168.8M | Add +48.5% |
| BKNG Booking Holdings Inc. | 0.66% | 30,593 | $163.8M | Reduce -14.1% |
| CRM Salesforce Inc. | 0.63% | 593,361 | $157.2M | Add +18.3% |
| MELI MercadoLibre Inc. | 0.62% | 77,158 | $155.3M | Add +0.8% |
| SYK Stryker Corp. | 0.59% | 419,810 | $147.6M | Add +20.5% |
| TMO Thermo Fisher Scientific Inc. | 0.58% | 249,600 | $144.6M | Reduce -10.7% |
| ADSK Autodesk Inc. | 0.57% | 479,947 | $142.1M | Reduce -27.9% |
| QCOM Qualcomm Inc. | 0.56% | 813,174 | $139.1M | Add +3.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.51% | 429,344 | $127.2M | Add +10.7% |
| SNPS Synopsys Inc. | 0.51% | 268,686 | $126.2M | Add +3.1% |
| INTU Intuit Inc. | 0.51% | 190,366 | $126.2M | Reduce -30.7% |
| COR Cencora Inc. | 0.50% | 367,105 | $124.0M | Add +24.1% |
| MSI Motorola Solutions Inc. | 0.50% | 322,483 | $123.6M | Reduce -7.8% |
| MCK McKesson Corp. | 0.48% | 144,682 | $118.7M | Add +18.8% |
| KLAC KLA Corp. | 0.47% | 95,707 | $116.3M | Reduce -7.6% |
| UNH Unitedhealth Group Inc. | 0.47% | 351,161 | $115.9M | Reduce -0.6% |
| MCD McDonald's Corp. | 0.46% | 378,911 | $115.7M | Reduce -0.8% |
| NOW ServiceNow Inc. | 0.46% | 750,330 | $114.9M | Add +0.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.42% | 1,925,845 | $105.9M | Add +8.2% |
| WMT Walmart Inc. | 0.42% | 946,284 | $105.4M | Reduce -0.5% |
| NTAP Netapp Inc. | 0.39% | 900,262 | $96.4M | Add +3.7% |
| CSCO Cisco Systems Inc. | 0.39% | 1,247,704 | $96.1M | Reduce -25.1% |
| ZS Zscaler Inc. | 0.38% | 420,086 | $94.5M | Add +6.4% |
| ISRG Intuitive Surgical Inc. | 0.37% | 164,949 | $93.4M | Reduce -0.4% |
| MU Micron Technology Inc. | 0.37% | 323,585 | $92.3M | Reduce -21.9% |
| PGR Progressive Corp. | 0.37% | 400,163 | $91.1M | Reduce -41.6% |
| EW Edwards Lifesciences Corp. | 0.36% | 1,066,206 | $90.9M | Reduce -1.6% |
| AMD Advanced Micro Devices | 0.36% | 423,058 | $90.6M | Reduce -42.8% |
| PG The Procter & Gamble Co. | 0.36% | 620,459 | $88.9M | Reduce -0.3% |
| PLTR Palantir Technologies Inc. Class A | 0.35% | 489,900 | $87.1M | Reduce -3.2% |
| SPGI S&P Global Inc. | 0.35% | 164,821 | $86.1M | Reduce -16.9% |
| RGA Reinsurance Group of America | 0.33% | 407,888 | $83.0M | Add +53.3% |
| HD Home Depot Inc. | 0.33% | 236,589 | $81.4M | Reduce -7.1% |
| NFLX Netflix Inc. | 0.32% | 850,273 | $79.7M | Reduce -5.4% |
| GEV GE Vernova Inc. | 0.32% | 121,058 | $79.1M | Reduce -14.1% |
| VRTX Vertex Pharmaceuticals Inc. | 0.32% | 174,466 | $79.1M | Add +13.1% |
| AMAT Applied Materials Inc. | 0.32% | 305,935 | $78.6M | Add +28.1% |
| ALL Allstate Corp. | 0.30% | 364,477 | $75.9M | Add +30.3% |
| INCY Incyte Corp. | 0.30% | 754,116 | $74.5M | Add +32.0% |
| WFC Wells Fargo & Co. | 0.29% | 782,184 | $72.9M | Add +6.5% |
| ADI Analog Devices Inc. | 0.29% | 265,892 | $72.1M | Add +16.4% |
| EQIX Equinix Inc. | 0.29% | 93,754 | $71.8M | Reduce -1.2% |
| HIG Hartford Insurance Group Inc. | 0.28% | 512,717 | $70.7M | Add +40.5% |
| ORCL Oracle Corp. | 0.27% | 350,153 | $68.2M | Reduce -34.5% |
| ROP Roper Technologies Inc. | 0.27% | 153,130 | $68.2M | Add +14.8% |
| CAT Caterpillar Inc. | 0.27% | 116,963 | $67.0M | Reduce -1.4% |
| CVS CVS Health Corp. | 0.27% | 833,771 | $66.2M | Add +11.3% |
| CCK Crown Holdings Inc. | 0.26% | 627,895 | $64.7M | Add +14.4% |
| PANW Palo Alto Networks Inc. | 0.25% | 344,029 | $63.4M | Add +115.3% |
| UAL United Airlines Holdings Inc. | 0.25% | 566,532 | $63.4M | Add +1062.9% |
| BWA Borgwarner Inc. | 0.25% | 1,386,625 | $62.5M | Add +43.4% |
| TEVA Teva Pharmaceutical-SP ADR | 0.25% | 2,001,902 | $62.5M | Add +11.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.25% | 538,666 | $61.3M | Reduce -4.7% |
| TRV The Travelers Cos Inc. | 0.24% | 208,774 | $60.6M | Add +119.2% |
| HCA HCA Healthcare Inc. | 0.24% | 129,274 | $60.4M | Reduce -3.0% |
| COF Capital One Financial Corp. | 0.24% | 248,338 | $60.2M | Add +22.8% |
| INTC Intel Corp. | 0.24% | 1,605,737 | $59.3M | Add +0.9% |
| MGA Magna International Inc. | 0.23% | 1,076,820 | $57.4M | Add +106.5% |
| TEAM Atlassian Corp. Class A | 0.23% | 352,780 | $57.2M | Add +131.6% |
| ABT Abbott Laboratories | 0.23% | 452,316 | $56.7M | Reduce -19.1% |
| GS Goldman Sachs Group Inc. | 0.23% | 64,010 | $56.3M | Reduce -0.6% |
| EXPE Expedia Group Inc. | 0.22% | 196,134 | $55.6M | Reduce -0.2% |
| KO The Coca-Cola Co. | 0.22% | 786,877 | $55.0M | Reduce -1.3% |
| EG Everest Group Ltd. | 0.22% | 161,621 | $54.8M | Add +36.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.22% | 353,305 | $54.3M | Reduce -1.0% |
| AMGN Amgen Inc. | 0.22% | 164,100 | $53.7M | Add +4.3% |
| TXN Texas Instruments Inc. | 0.21% | 304,036 | $52.7M | Add +20.4% |
| T AT&T Inc. | 0.21% | 2,123,000 | $52.7M | Reduce -16.4% |
| HLT Hilton Worldwide Holdings Inc. | 0.21% | 181,114 | $52.0M | Add +0.1% |
| XYL Xylem Inc. | 0.20% | 374,948 | $51.1M | Add +2.4% |
| WDAY Workday Inc. Class A | 0.20% | 237,436 | $51.0M | Reduce -3.8% |
| IQV Iqvia Holdings Inc. | 0.20% | 216,664 | $48.8M | Add +8.9% |
| RY Royal Bank of Canada | 0.19% | 205,809 | $48.2M | Reduce -0.9% |
| MS Morgan Stanley | 0.19% | 269,418 | $47.8M | Add +0.4% |
| VLTO Veralto Corp. | 0.19% | 472,049 | $47.1M | Reduce -13.1% |
| VEEV Veeva Systems Inc. Class A | 0.19% | 207,161 | $46.2M | Reduce -30.3% |
Portfolio Sells Q3 2025 → Q4 2025
| NVDA Nvidia Corp. | Reduce -8.4% | 8.30% | −0.77 |
| MSFT Microsoft Corp. | Reduce -0.4% | 7.36% | −0.56 |
| PEP Pepsico Inc. | Reduce -72.3% | 0.17% | −0.44 |
| DD Dupont DE Nemours Inc. | Reduce -92.8% | 0.01% | −0.35 |
| ORCL Oracle Corp. | Reduce -34.5% | 0.27% | −0.33 |
| PGR Progressive Corp. | Reduce -41.6% | 0.37% | −0.31 |
| CL Colgate-Palmolive Co. | Reduce -71.2% | 0.12% | −0.31 |
| META Meta Platforms Inc. Class A | Reduce -0.1% | 2.57% | −0.29 |
| ADSK Autodesk Inc. | Reduce -27.9% | 0.57% | −0.28 |
| INTU Intuit Inc. | Reduce -30.7% | 0.51% | −0.25 |
| GE General Electric | Sold out | 0.00% | −0.24 |
| JPM JPMorgan Chase & Co. | Reduce -21.5% | 0.92% | −0.23 |
| OC Owens Corning | Reduce -95.8% | 0.01% | −0.19 |
| VEEV Veeva Systems Inc. Class A | Reduce -30.3% | 0.19% | −0.17 |
| V Visa Inc. Class A | Reduce -15.9% | 1.03% | −0.16 |
| Q Qnity Electronics Inc. | Reduce -84.1% | 0.03% | −0.16 |
| ZTS Zoetis Inc. | Reduce -74.5% | 0.04% | −0.16 |
| SBUX Starbucks Corp. | Reduce -65.5% | 0.08% | −0.15 |
| MSI Motorola Solutions Inc. | Reduce -7.8% | 0.50% | −0.15 |
| LII Lennox International Inc. | Reduce -90.6% | 0.01% | −0.12 |
| AMD Advanced Micro Devices | Reduce -42.8% | 0.36% | −0.12 |
| BKNG Booking Holdings Inc. | Reduce -14.1% | 0.66% | −0.11 |
| DHR Danaher Corp. | Reduce -57.2% | 0.11% | −0.11 |
| NFLX Netflix Inc. | Reduce -5.4% | 0.32% | −0.11 |
| VZ Verizon Communications Inc. | Reduce -35.6% | 0.14% | −0.10 |
| CF CF Industries Holdings Inc. | Reduce -53.9% | 0.06% | −0.09 |
| ABBV Abbvie Inc. | Reduce -8.9% | 0.79% | −0.09 |
| HD Home Depot Inc. | Reduce -7.1% | 0.33% | −0.09 |
| PCTY Paylocity Holding Corp. | Reduce -88.3% | 0.01% | −0.08 |
| FFIV F5 Inc. | Reduce -49.2% | 0.05% | −0.08 |
| T AT&T Inc. | Reduce -16.4% | 0.21% | −0.08 |
| ABT Abbott Laboratories | Reduce -19.1% | 0.23% | −0.07 |
| CSCO Cisco Systems Inc. | Reduce -25.1% | 0.39% | −0.07 |
| LYFT LYFT Inc. Class A | Reduce -67.1% | 0.03% | −0.07 |
| CI The Cigna Group | Reduce -22.5% | 0.18% | −0.06 |
| EXAS Exact Sciences Corp. | Reduce -91.6% | 0.01% | −0.06 |
| VMRK Vivmark Residential | Reduce -61.1% | 0.04% | −0.06 |
| EMR Emerson Electric Co. | Sold out | 0.00% | −0.06 |
| NXT Nextpower Inc. | Reduce -37.4% | 0.16% | −0.06 |
| NTNX Nutanix Inc. Class A | Reduce -27.2% | 0.06% | −0.06 |
| BSY Bentley Systems Inc. Class B | Reduce -3.7% | 0.14% | −0.06 |
| MA Mastercard Inc. Class A | Reduce -4.6% | 1.42% | −0.05 |
| GOOG Alphabet Inc. Class C | Reduce -24.6% | 1.78% | −0.05 |
| UBER Uber Technologies Inc. | Reduce -15.0% | 0.13% | −0.05 |
| HUBS HubSpot Inc. | Reduce -46.4% | 0.04% | −0.05 |
| VLTO Veralto Corp. | Reduce -13.1% | 0.19% | −0.04 |
| SPGI S&P Global Inc. | Reduce -16.9% | 0.35% | −0.04 |
| MANH Manhattan Associates Inc. | Reduce -54.9% | 0.03% | −0.04 |
| ALNY Alnylam Pharmaceuticals Inc. | Reduce -16.9% | 0.11% | −0.04 |
| DVA Davita Inc. | Reduce -94.5% | 0.00% | −0.04 |
Portfolio Buys Q3 2025 → Q4 2025
| GOOGL Alphabet Inc. Class A | Add +0.8% | 3.30% | +0.76 |
| LRCX Lam Research Corp. | Add +122.0% | 0.86% | +0.56 |
| JNJ Johnson & Johnson | Add +43.1% | 0.91% | +0.34 |
| AVGO Broadcom Inc. | Add +6.6% | 3.04% | +0.32 |
| AMZN Amazon.com Inc. | Add +2.6% | 4.19% | +0.30 |
| TFC Truist Financial Corp. | Add +48.5% | 0.68% | +0.25 |
| GM General Motors Co. | Add +12.3% | 0.73% | +0.24 |
| UAL United Airlines Holdings Inc. | Add +1062.9% | 0.25% | +0.24 |
| BMY Bristol-Myers Squibb Co. | Add +7.4% | 0.86% | +0.19 |
| MRK Merck & Co. Inc. | Add +5.6% | 0.77% | +0.19 |
| CRM Salesforce Inc. | Add +18.3% | 0.63% | +0.15 |
| C Citigroup Inc. | Add +0.4% | 1.12% | +0.15 |
| TRV The Travelers Cos Inc. | Add +119.2% | 0.24% | +0.14 |
| TEAM Atlassian Corp. Class A | Add +131.6% | 0.23% | +0.13 |
| MGA Magna International Inc. | Add +106.5% | 0.23% | +0.13 |
| TD Toronto-Dominion Bank | Add +3.6% | 0.72% | +0.13 |
| RGA Reinsurance Group of America | Add +53.3% | 0.33% | +0.13 |
| COR Cencora Inc. | Add +24.1% | 0.50% | +0.13 |
| PANW Palo Alto Networks Inc. | Add +115.3% | 0.25% | +0.12 |
| CBRE CBRE Group Inc. Class A | Add +284.8% | 0.16% | +0.12 |
| AMAT Applied Materials Inc. | Add +28.1% | 0.32% | +0.12 |
| TEVA Teva Pharmaceutical-SP ADR | Add +11.2% | 0.25% | +0.10 |
| INCY Incyte Corp. | Add +32.0% | 0.30% | +0.10 |
| MCK McKesson Corp. | Add +18.8% | 0.48% | +0.10 |
| HIG Hartford Insurance Group Inc. | Add +40.5% | 0.28% | +0.09 |
| MSCI MSCI Inc. | Add +230.4% | 0.12% | +0.08 |
| BSX Boston Scientific Corp. | Add +11.0% | 1.08% | +0.08 |
| BWA Borgwarner Inc. | Add +43.4% | 0.25% | +0.08 |
| SYK Stryker Corp. | Add +20.5% | 0.59% | +0.07 |
| VRTX Vertex Pharmaceuticals Inc. | Add +13.1% | 0.32% | +0.07 |
| AZZ Azz Inc. | Add +131.2% | 0.13% | +0.07 |
| IBM Intl Business Machines Corp. | Add +10.7% | 0.51% | +0.07 |
| COF Capital One Financial Corp. | Add +22.8% | 0.24% | +0.07 |
| JLL Jones Lang Lasalle Inc. | Add +2277.0% | 0.07% | +0.06 |
| ADI Analog Devices Inc. | Add +16.4% | 0.29% | +0.06 |
| ALL Allstate Corp. | Add +30.3% | 0.30% | +0.06 |
| TPR Tapestry Inc. | Add +204.8% | 0.09% | +0.06 |
| BAC Bank of America Corp. | Add +8.2% | 0.42% | +0.06 |
| FRO Frontline PLC | Add +882.4% | 0.06% | +0.06 |
| TSM Taiwan Semiconductor-SP ADR | Add +142.1% | 0.09% | +0.06 |
| EG Everest Group Ltd. | Add +36.8% | 0.22% | +0.05 |
| PTGX Protagonist Therapeutics Inc. | Add +160.9% | 0.07% | +0.05 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +45.4% | 0.14% | +0.05 |
| FIX Comfort Systems USA Inc. | Add +319.4% | 0.06% | +0.05 |
| CCK Crown Holdings Inc. | Add +14.4% | 0.26% | +0.05 |
| WFC Wells Fargo & Co. | Add +6.5% | 0.29% | +0.05 |
| IQV Iqvia Holdings Inc. | Add +8.9% | 0.20% | +0.04 |
| ARWR Arrowhead Pharmaceuticals Inc. | New | 0.04% | +0.04 |
| BBIO Bridgebio Pharma Inc. | Add +59.7% | 0.07% | +0.04 |
| RMD Resmed Inc. | Add +64.1% | 0.14% | +0.04 |
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 |