Swedbank AB
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 13, 2024), Swedbank AB reported 707 stock positions worth $70.8 billion. Its top holding was Microsoft (MSFT) at 7.9% of the portfolio, followed by Nvidia (NVDA, 5.5%) and Apple (AAPL, 4.3%). Compared with Q4 2023, it opened 31 new positions, sold out of 21, added to 365 and reduced 190. The biggest buy was Salesforce (CRM, shares +210%) and the biggest sale Adobe (ADBE, shares −23%).
- Most Recent 13F
- Q2 2026
- Location
- STOCKHOLM, V7
- CIK
- 0000946431
- Portfolio Value
- $70.8B (Q1 2024)
- SEC Filing
- 0000946431-24-000003 ↗ filed May 13, 2024
Holdings Value
Holdings 707 stocks · $70.8B
| MSFT Microsoft Corp. | 7.89% | 13,279,897 | $5.6B | Add +2.8% |
| NVDA Nvidia Corp. | 5.54% | 4,341,420 | $3.9B | Reduce -15.5% |
| AAPL Apple Inc. | 4.27% | 17,649,241 | $3.0B | Add +30.2% |
| AVGO Broadcom Inc. | 4.00% | 2,139,517 | $2.8B | Reduce -11.8% |
| AMZN Amazon.com Inc. | 3.16% | 12,416,876 | $2.2B | Add +19.2% |
| META Meta Platforms Inc. Class A | 2.34% | 3,410,789 | $1.7B | Add +24.5% |
| GOOGL Alphabet Inc. Class A | 2.03% | 9,547,241 | $1.4B | Reduce -9.2% |
| GOOG Alphabet Inc. Class C | 1.95% | 9,054,954 | $1.4B | Reduce -3.2% |
| UNH Unitedhealth Group Inc. | 1.58% | 2,258,867 | $1.1B | Add +19.5% |
| SNPS Synopsys Inc. | 1.48% | 1,840,134 | $1.1B | Reduce -5.9% |
| LLY Eli Lilly & Co. | 1.32% | 1,199,029 | $932.8M | Add +4.1% |
| CNC Centene Corp. | 1.29% | 11,647,304 | $914.1M | Reduce -5.2% |
| NOW ServiceNow Inc. | 1.27% | 1,177,739 | $897.9M | Reduce -0.0% |
| CRM Salesforce Inc. | 1.23% | 2,904,401 | $874.7M | Add +209.5% |
| CSCO Cisco Systems Inc. | 1.19% | 16,841,059 | $840.5M | Reduce -0.3% |
| ACN Accenture PLC Class A | 1.16% | 2,368,402 | $820.9M | Reduce -4.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.14% | 1,927,123 | $810.4M | Reduce -3.7% |
| JPM JPMorgan Chase & Co. | 1.13% | 3,994,659 | $800.1M | Add +7.6% |
| AMAT Applied Materials Inc. | 1.09% | 3,751,205 | $773.6M | Add +3.7% |
| MRK Merck & Co. Inc. | 1.02% | 5,492,811 | $724.8M | Add +1.4% |
| TMO Thermo Fisher Scientific Inc. | 1.00% | 1,214,081 | $705.6M | Add +0.7% |
| DHR Danaher Corp. | 0.95% | 2,709,212 | $676.5M | Reduce -9.6% |
| MCK McKesson Corp. | 0.94% | 1,246,765 | $669.3M | Reduce -0.0% |
| MA Mastercard Inc. Class A | 0.93% | 1,371,871 | $660.7M | Add +1.3% |
| KEYS Keysight Technologies Inc. | 0.88% | 3,977,446 | $622.0M | Reduce -1.4% |
| ADBE Adobe Inc. | 0.88% | 1,231,032 | $621.2M | Reduce -22.7% |
| PLD Prologis Inc. | 0.84% | 4,581,587 | $596.6M | Reduce -2.7% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.79% | 879 | $557.7M | Reduce -5.6% |
| FTNT Fortinet Inc. | 0.77% | 8,022,431 | $548.0M | Add +1.6% |
| ADI Analog Devices Inc. | 0.76% | 2,715,869 | $537.2M | Add +0.1% |
| ANET Arista Networks Inc. | 0.74% | 1,799,318 | $521.8M | Add +3.4% |
| V Visa Inc. Class A | 0.72% | 1,832,167 | $511.3M | Add +1.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.70% | 4,034,943 | $493.7M | Add +3.2% |
| CDNS Cadence Design SYS Inc. | 0.62% | 1,413,480 | $440.0M | Reduce -0.8% |
| LINDE PLC | 0.61% | 935,997 | $434.6M | New |
| ENPH Enphase Energy Inc. | 0.60% | 3,505,790 | $424.1M | Reduce -4.6% |
| ECL Ecolab Inc. | 0.55% | 1,692,017 | $390.7M | Add +0.8% |
| KLAC KLA Corp. | 0.54% | 543,507 | $379.7M | Add +30.1% |
| ABBV Abbvie Inc. | 0.52% | 2,017,416 | $367.4M | Add +8.2% |
| SPGI S&P Global Inc. | 0.50% | 826,829 | $351.8M | Add +8.1% |
| MCD McDonald's Corp. | 0.49% | 1,234,991 | $348.2M | Add +1.4% |
| ABT Abbott Laboratories | 0.48% | 3,007,012 | $341.8M | Add +1.0% |
| JNJ Johnson & Johnson | 0.47% | 2,093,546 | $331.2M | Add +1.2% |
| COR Cencora Inc. | 0.45% | 1,318,881 | $320.5M | Add +4.3% |
| WMT Walmart Inc. | 0.45% | 5,322,350 | $320.2M | Reduce -5.6% |
| XYL Xylem Inc. | 0.44% | 2,411,666 | $311.7M | Add +16.1% |
| HD Home Depot Inc. | 0.43% | 785,620 | $301.4M | Add +1.9% |
| EQIX Equinix Inc. | 0.42% | 356,859 | $294.5M | Reduce -9.9% |
| AMD Advanced Micro Devices | 0.41% | 1,611,400 | $290.8M | Add +37.9% |
| CL Colgate-Palmolive Co. | 0.40% | 3,180,115 | $286.4M | Add +3.2% |
| COST Costco Wholesale Corp. | 0.40% | 389,853 | $285.6M | Add +2.5% |
| VRTX Vertex Pharmaceuticals Inc. | 0.39% | 663,422 | $277.3M | Reduce -0.1% |
| Eaton Corp PLC | 0.38% | 855,586 | $267.5M | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.37% | 6,907,229 | $261.9M | Add +2.4% |
| SEDG Solaredge Technologies Inc. | 0.37% | 3,681,492 | $261.3M | Reduce -13.9% |
| SNOW Snowflake Inc. | 0.37% | 1,602,454 | $259.0M | Add +2.5% |
| C Citigroup Inc. | 0.36% | 4,005,155 | $253.3M | Add +0.4% |
| RPRX Royalty Pharma PLC Class A | 0.35% | 8,279,900 | $251.5M | Add +51.4% |
| VZ Verizon Communications Inc. | 0.35% | 5,965,489 | $250.3M | Add +0.8% |
| VLTO Veralto Corp. | 0.34% | 2,682,878 | $237.9M | Add +4.4% |
| ALV Autoliv Inc. | 0.33% | 1,959,614 | $236.0M | New |
| PG The Procter & Gamble Co. | 0.33% | 1,440,909 | $233.8M | Add +0.5% |
| VEEV Veeva Systems Inc. Class A | 0.32% | 982,662 | $227.7M | Add +17.8% |
| PWR Quanta Services Inc. | 0.32% | 874,588 | $227.2M | Add +6.1% |
| SCI Service Corp. International | 0.32% | 3,020,320 | $224.1M | Reduce -4.7% |
| WMS Advanced Drainage Systems Inc. | 0.31% | 1,282,240 | $220.9M | Reduce -4.3% |
| NFLX Netflix Inc. | 0.31% | 356,541 | $216.5M | Add +36.9% |
| HSIC Henry Schein Inc. | 0.30% | 2,860,141 | $216.0M | Add +26.0% |
| ZTS Zoetis Inc. | 0.30% | 1,245,879 | $210.8M | Add +31.8% |
| TT Trane Technologies PLC | 0.29% | 686,912 | $206.2M | Reduce -2.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.29% | 1,061,429 | $202.7M | Add +1.7% |
| EA Electronic Arts Inc. | 0.28% | 1,522,084 | $201.9M | Add +1.5% |
| SPOT Spotify Technology SA | 0.28% | 752,796 | $198.7M | Reduce -6.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.28% | 1,435,422 | $195.3M | Add +10.0% |
| WM Waste Management Inc. | 0.27% | 909,947 | $194.0M | Add +18.5% |
| FFIV F5 Inc. | 0.27% | 1,019,844 | $193.4M | Add +0.2% |
| LRCX Lam Research Corp. | 0.27% | 198,306 | $192.7M | Reduce -0.2% |
| DE Deere & Co. | 0.27% | 466,543 | $191.6M | Add +1.1% |
| TSLA Tesla Inc. | 0.27% | 1,068,176 | $187.8M | Add +3.7% |
| AZN Astrazeneca PLC-Spons ADR | 0.26% | 2,747,257 | $186.1M | Add +3.5% |
| SYY Sysco Corp. | 0.25% | 2,202,807 | $178.8M | Add +0.2% |
| PANW Palo Alto Networks Inc. | 0.25% | 626,238 | $177.9M | Reduce -8.6% |
| ABNB Airbnb Inc. Class A | 0.25% | 1,063,869 | $175.5M | Add +75.8% |
| QCOM Qualcomm Inc. | 0.25% | 1,031,565 | $174.6M | Add +1.8% |
| PFE Pfizer Inc. | 0.24% | 6,230,691 | $172.9M | Add +1.7% |
| INTC Intel Corp. | 0.23% | 3,712,976 | $164.0M | Add +118.1% |
| CBRE CBRE Group Inc. Class A | 0.23% | 1,671,906 | $162.6M | Add +11.3% |
| FCX Freeport-McMoran Inc. | 0.23% | 3,455,202 | $162.5M | Add +0.8% |
| CI The Cigna Group | 0.23% | 444,121 | $161.3M | Reduce -54.5% |
| GM General Motors Co. | 0.23% | 3,522,610 | $159.8M | Add +0.5% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.22% | 156,655 | $159.4M | Add +0.3% |
| BMY Bristol-Myers Squibb Co. | 0.22% | 2,917,639 | $158.2M | Add +38.0% |
| AMGN Amgen Inc. | 0.21% | 534,527 | $152.0M | Add +1.1% |
| ORCL Oracle Corp. | 0.21% | 1,182,942 | $148.6M | Reduce -4.4% |
| PEP Pepsico Inc. | 0.21% | 847,584 | $148.3M | Add +2.3% |
| COO The Cooper Cos Inc. | 0.20% | 1,372,420 | $139.2M | New |
| GS Goldman Sachs Group Inc. | 0.19% | 328,315 | $137.1M | Reduce -39.3% |
| GILD Gilead Sciences Inc. | 0.19% | 1,836,028 | $134.5M | Add +10.6% |
| MET Metlife Inc. | 0.19% | 1,773,800 | $131.5M | Add +2.0% |
| EMR Emerson Electric Co. | 0.18% | 1,143,273 | $129.7M | Add +85.6% |
Portfolio Sells Q4 2023 → Q1 2024
| ADBE Adobe Inc. | Reduce -22.7% | 0.88% | −0.66 |
| LIN Linde PLC | Sold out | 0.00% | −0.64 |
| AVGO Broadcom Inc. | Reduce -11.8% | 4.00% | −0.39 |
| ETN Eaton Corp. PLC | Sold out | 0.00% | −0.37 |
| GOOGL Alphabet Inc. Class A | Reduce -9.2% | 2.03% | −0.35 |
| SEDG Solaredge Technologies Inc. | Reduce -13.9% | 0.37% | −0.28 |
| CI The Cigna Group | Reduce -54.5% | 0.23% | −0.25 |
| ACN Accenture PLC Class A | Reduce -4.0% | 1.16% | −0.25 |
| JAZZ Jazz Pharmaceuticals PLC | Sold out | 0.00% | −0.21 |
| CSCO Cisco Systems Inc. | Reduce -0.3% | 1.19% | −0.20 |
| GOOG Alphabet Inc. Class C | Reduce -3.2% | 1.95% | −0.19 |
| ENPH Enphase Energy Inc. | Reduce -4.6% | 0.60% | −0.19 |
| CNC Centene Corp. | Reduce -5.2% | 1.29% | −0.19 |
| PLD Prologis Inc. | Reduce -2.7% | 0.84% | −0.18 |
| DHR Danaher Corp. | Reduce -9.6% | 0.95% | −0.17 |
| KEYS Keysight Technologies Inc. | Reduce -1.4% | 0.88% | −0.16 |
| SNPS Synopsys Inc. | Reduce -5.9% | 1.48% | −0.15 |
| GS Goldman Sachs Group Inc. | Reduce -39.3% | 0.19% | −0.14 |
| APTV Aptiv Irish Holdings Ltd. | Sold out | 0.00% | −0.11 |
| EQIX Equinix Inc. | Reduce -9.9% | 0.42% | −0.10 |
| NOW ServiceNow Inc. | Reduce -0.0% | 1.27% | −0.08 |
| PANW Palo Alto Networks Inc. | Reduce -8.6% | 0.25% | −0.08 |
| ALNY Alnylam Pharmaceuticals Inc. | Reduce -90.7% | 0.00% | −0.06 |
| IFF Intl Flavors & Fragrances | Reduce -66.2% | 0.03% | −0.06 |
| IR Ingersoll-Rand Inc. | Reduce -44.6% | 0.08% | −0.05 |
| CEG Constellation Energy | Reduce -49.0% | 0.13% | −0.05 |
| AMN Amn Healthcare Services Inc. | Reduce -6.6% | 0.10% | −0.05 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -0.1% | 0.39% | −0.05 |
| PGTI PGT Innovations Inc. | Sold out | 0.00% | −0.05 |
| NVST Envista Holdings Corp. | Reduce -18.4% | 0.08% | −0.04 |
| IQV Iqvia Holdings Inc. | Reduce -53.9% | 0.03% | −0.04 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -33.5% | 0.10% | −0.04 |
| DOCS Doximity Inc. Class A | Reduce -8.0% | 0.13% | −0.04 |
| HCA HCA Healthcare Inc. | Reduce -26.6% | 0.14% | −0.04 |
| BMRN Biomarin Pharmaceutical Inc. | Reduce -36.5% | 0.04% | −0.04 |
| SCI Service Corp. International | Reduce -4.7% | 0.32% | −0.04 |
| ARRY Array Technologies Inc. | Reduce -21.1% | 0.05% | −0.03 |
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -5.6% | 0.79% | −0.03 |
| NSC Norfolk Southern Corp. | Reduce -32.2% | 0.06% | −0.03 |
| MSCI MSCI Inc. | Reduce -9.7% | 0.11% | −0.03 |
| ISRG Intuitive Surgical Inc. | Reduce -24.4% | 0.10% | −0.03 |
| WMT Walmart Inc. | Reduce -5.6% | 0.45% | −0.03 |
| SPLK Splunk Inc. | Sold out | 0.00% | −0.03 |
| HUM Humana Inc. | Reduce -0.5% | 0.05% | −0.03 |
| MTZ Mastec Inc. | Reduce -79.8% | 0.01% | −0.03 |
| LECO Lincoln Electric Holdings | Sold out | 0.00% | −0.03 |
| WSO Watsco Inc. | Reduce -5.4% | 0.13% | −0.03 |
| NOVAQ Sunnova Energy International | Reduce -64.4% | 0.00% | −0.02 |
| WSC Willscot Holdings Corp. | Reduce -18.0% | 0.06% | −0.02 |
| COP Conocophillips | Reduce -11.8% | 0.09% | −0.02 |
Portfolio Buys Q4 2023 → Q1 2024
| CRM Salesforce Inc. | Add +209.5% | 1.23% | +0.83 |
| META Meta Platforms Inc. Class A | Add +24.5% | 2.34% | +0.76 |
| LINDE PLC | New | 0.61% | +0.61 |
| AMZN Amazon.com Inc. | Add +19.2% | 3.16% | +0.59 |
| Eaton Corp PLC | New | 0.38% | +0.38 |
| ALV Autoliv Inc. | New | 0.33% | +0.33 |
| LLY Eli Lilly & Co. | Add +4.1% | 1.32% | +0.23 |
| COO The Cooper Cos Inc. | New | 0.20% | +0.20 |
| Jazz Pharmaceuticals PLC | New | 0.18% | +0.18 |
| KLAC KLA Corp. | Add +30.1% | 0.54% | +0.14 |
| AMAT Applied Materials Inc. | Add +3.7% | 1.09% | +0.14 |
| SWKS Skyworks Solutions Inc. | Add +1006.8% | 0.16% | +0.14 |
| AMD Advanced Micro Devices | Add +37.9% | 0.41% | +0.13 |
| DIS The Walt Disney Co. | Add +3.2% | 0.70% | +0.12 |
| PNR Pentair PLC | Add +837.6% | 0.14% | +0.12 |
| ALGN Align Technology Inc. | Add +577.8% | 0.14% | +0.12 |
| ABNB Airbnb Inc. Class A | Add +75.8% | 0.25% | +0.11 |
| MSI Motorola Solutions Inc. | Add +226.5% | 0.16% | +0.11 |
| RPRX Royalty Pharma PLC Class A | Add +51.4% | 0.35% | +0.11 |
| JPM JPMorgan Chase & Co. | Add +7.6% | 1.13% | +0.10 |
| NFLX Netflix Inc. | Add +36.9% | 0.31% | +0.10 |
| INTC Intel Corp. | Add +118.1% | 0.23% | +0.09 |
| EMR Emerson Electric Co. | Add +85.6% | 0.18% | +0.09 |
| ANET Arista Networks Inc. | Add +3.4% | 0.74% | +0.07 |
| MRK Merck & Co. Inc. | Add +1.4% | 1.02% | +0.06 |
| VEEV Veeva Systems Inc. Class A | Add +17.8% | 0.32% | +0.06 |
| ATKR Atkore Inc. | Add +780.8% | 0.07% | +0.06 |
| S Sentinelone Inc. Class A | New | 0.06% | +0.06 |
| HIG Hartford Insurance Group Inc. | Add +261.8% | 0.08% | +0.06 |
| TSM Taiwan Semiconductor-SP ADR | Add +10.0% | 0.28% | +0.06 |
| XYL Xylem Inc. | Add +16.1% | 0.44% | +0.05 |
| LRN Stride Inc. | Add +192.1% | 0.09% | +0.05 |
| WM Waste Management Inc. | Add +18.5% | 0.27% | +0.05 |
| ABBV Abbvie Inc. | Add +8.2% | 0.52% | +0.05 |
| BMY Bristol-Myers Squibb Co. | Add +38.0% | 0.22% | +0.05 |
| ICLR Icon PLC | New | 0.04% | +0.04 |
| APH Amphenol Corp. Class A | Add +31.3% | 0.17% | +0.04 |
| APTIV PLC | New | 0.04% | +0.04 |
| TGT Target Corp. | Add +25.4% | 0.15% | +0.04 |
| AAPL Apple Inc. | Add +30.2% | 4.27% | +0.04 |
| BSY Bentley Systems Inc. Class B | Add +289.4% | 0.05% | +0.04 |
| REGN Regeneron Pharmaceuticals | Add +29.2% | 0.18% | +0.03 |
| IBP Installed Building Products | Add +7.2% | 0.14% | +0.03 |
| PWR Quanta Services Inc. | Add +6.1% | 0.32% | +0.03 |
| COR Cencora Inc. | Add +4.3% | 0.45% | +0.03 |
| LNTH Lantheus Holdings Inc. | Add +297.5% | 0.04% | +0.03 |
| FTDR Frontdoor Inc. | New | 0.03% | +0.03 |
| HSIC Henry Schein Inc. | Add +26.0% | 0.30% | +0.03 |
| THR Thermon Group Holdings Inc. | Add +1041.4% | 0.03% | +0.03 |
| EXEL Exelixis Inc. | Add +459.0% | 0.03% | +0.03 |
Options Activity Q4 2023 → Q1 2024
| INTC Intel Corp. | put | Sold out | 6,000,000 | $301.5Mbefore exit |
| AAPL Apple Inc. | put | Sold out | 1,000,000 | $193.4Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2023 → Q1 2024
| COO Cooper Cos Inc. | COM | Reduce -100.0% | 0 | $0 |
| ATVI Activision Blizzard Inc. | COM | New | 0 | $0 |
| COR Cencora Inc. | COM | New | 0 | $0 |
| VMW Vmware LLC | CL A COM | New | 0 | $0 |
| HZNP Horizon Pharma PLC | SHS | New | 0 | $0 |
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 | 696 | $116.0B | NVDA, AAPL, MSFT, AVGO, AMZN |
| Q1 2026 | 684 | $95.1B | NVDA, MSFT, AAPL, AVGO, AMZN |
| Q4 2025Amended | 681 | $103.4B | NVDA, MSFT, AAPL, AVGO, AMZN |
| Q3 2025 | 669 | $98.7B | NVDA, MSFT, AAPL, AVGO, AMZN |
| Q2 2025 | 668 | $89.0B | MSFT, NVDA, AAPL, AVGO, AMZN |
| Q1 2025 | 693 | $75.1B | MSFT, NVDA, AAPL, AMZN, AVGO |
| Q4 2024 | 692 | $81.3B | MSFT, NVDA, AAPL, AVGO, AMZN |
| Q3 2024Amended | 687 | $78.5B | MSFT, NVDA, AAPL, AVGO, AMZN |
| Q2 2024 | 697 | $74.8B | MSFT, NVDA, AAPL, AVGO, AMZN |
| Q1 2024Amended | 707 | $70.8B | MSFT, NVDA, AAPL, AVGO, AMZN |