Swedbank AB
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 22, 2025), Swedbank AB reported 692 stock positions worth $81.3 billion. Its top holding was Microsoft (MSFT) at 7.3% of the portfolio, followed by Nvidia (NVDA, 6.2%) and Apple (AAPL, 5.8%). Compared with Q3 2024, it opened 27 new positions, sold out of 22, added to 296 and reduced 232. The biggest buy was Amazon.com (AMZN, shares +8%) and the biggest sale Berkshire Hathaway Class A (BRK.A, shares −96%).
- Most Recent 13F
- Q2 2026
- Location
- STOCKHOLM, V7
- CIK
- 0000946431
- Portfolio Value
- $81.3B (Q4 2024)
- SEC Filing
- 0000946431-25-000002 ↗ filed Jan 22, 2025
Holdings Value
Holdings 692 stocks · $81.3B
| MSFT Microsoft Corp. | 7.30% | 14,090,753 | $5.9B | Add +2.9% |
| NVDA Nvidia Corp. | 6.24% | 37,775,606 | $5.1B | Reduce -7.6% |
| AAPL Apple Inc. | 5.77% | 18,725,882 | $4.7B | Add +4.8% |
| AVGO Broadcom Inc. | 4.70% | 16,469,551 | $3.8B | Reduce -10.3% |
| AMZN Amazon.com Inc. | 3.90% | 14,449,999 | $3.2B | Add +8.3% |
| META Meta Platforms Inc. Class A | 2.62% | 3,641,752 | $2.1B | Add +0.3% |
| GOOG Alphabet Inc. Class C | 1.99% | 8,483,070 | $1.6B | Add +1.7% |
| GOOGL Alphabet Inc. Class A | 1.98% | 8,503,828 | $1.6B | Add +1.4% |
| ACN Accenture PLC Class A | 1.63% | 3,763,690 | $1.3B | Add +47.5% |
| CRM Salesforce Inc. | 1.57% | 3,829,773 | $1.3B | Add +46.7% |
| NOW ServiceNow Inc. | 1.44% | 1,101,643 | $1.2B | Reduce -5.0% |
| UNH Unitedhealth Group Inc. | 1.32% | 2,114,602 | $1.1B | Reduce -6.4% |
| MA Mastercard Inc. Class A | 1.23% | 1,899,778 | $1.0B | Add +1.3% |
| JPM JPMorgan Chase & Co. | 1.22% | 4,127,198 | $989.3M | Reduce -1.4% |
| LLY Eli Lilly & Co. | 1.08% | 1,138,934 | $879.3M | Add +2.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.00% | 1,798,082 | $815.0M | Reduce -1.1% |
| MRK Merck & Co. Inc. | 0.94% | 7,660,652 | $762.1M | Add +1.7% |
| ANET Arista Networks Inc. | 0.92% | 6,750,793 | $746.2M | Reduce -1.7% |
| TMO Thermo Fisher Scientific Inc. | 0.91% | 1,423,155 | $740.4M | Add +19.1% |
| SNPS Synopsys Inc. | 0.90% | 1,506,201 | $731.0M | Reduce -3.0% |
| ADI Analog Devices Inc. | 0.88% | 3,381,836 | $718.5M | Add +16.9% |
| V Visa Inc. Class A | 0.88% | 2,269,861 | $717.4M | Add +10.2% |
| KEYS Keysight Technologies Inc. | 0.87% | 4,383,610 | $704.1M | Reduce -0.8% |
| AMAT Applied Materials Inc. | 0.77% | 3,863,541 | $628.3M | Reduce -9.0% |
| C Citigroup Inc. | 0.72% | 8,326,745 | $586.1M | Add +90.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.69% | 12,776,184 | $561.5M | Add +81.4% |
| CDNS Cadence Design SYS Inc. | 0.68% | 1,834,164 | $551.1M | Add +4.6% |
| PLD Prologis Inc. | 0.60% | 4,602,779 | $486.5M | Add +1.8% |
| WMT Walmart Inc. | 0.59% | 5,345,990 | $483.0M | Add +0.0% |
| MSI Motorola Solutions Inc. | 0.58% | 1,026,996 | $474.7M | Add +0.3% |
| SPGI S&P Global Inc. | 0.56% | 919,042 | $457.7M | Add +5.4% |
| TSLA Tesla Inc. | 0.56% | 1,129,432 | $456.1M | Add +2.8% |
| FTNT Fortinet Inc. | 0.56% | 4,788,846 | $452.5M | Reduce -29.6% |
| XYL Xylem Inc. | 0.53% | 3,683,201 | $427.3M | Add +23.1% |
| SPOT Spotify Technology SA | 0.52% | 946,129 | $423.3M | Add +20.9% |
| CSCO Cisco Systems Inc. | 0.51% | 7,047,717 | $417.2M | Reduce -21.9% |
| NFLX Netflix Inc. | 0.51% | 466,765 | $416.0M | Add +0.3% |
| DHR Danaher Corp. | 0.47% | 1,681,814 | $386.1M | Reduce -29.7% |
| KLAC KLA Corp. | 0.47% | 610,049 | $384.4M | Add +10.7% |
| COST Costco Wholesale Corp. | 0.47% | 416,925 | $382.0M | Reduce -6.0% |
| HD Home Depot Inc. | 0.47% | 975,155 | $379.3M | Add +7.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.46% | 3,361,792 | $374.3M | Add +14.4% |
| MCK McKesson Corp. | 0.46% | 650,670 | $370.8M | Reduce -27.8% |
| ADBE Adobe Inc. | 0.45% | 816,215 | $363.0M | Reduce -31.8% |
| ORCL Oracle Corp. | 0.44% | 2,162,773 | $360.4M | Reduce -8.1% |
| WM Waste Management Inc. | 0.43% | 1,740,075 | $351.1M | Reduce -1.4% |
| ABBV Abbvie Inc. | 0.43% | 1,972,948 | $350.6M | Reduce -8.1% |
| LIN Linde PLC | 0.42% | 822,558 | $344.4M | Reduce -7.8% |
| ICE Intercontinental Exchange Inc. | 0.41% | 2,215,767 | $330.2M | Add +2293.3% |
| BSY Bentley Systems Inc. Class B | 0.40% | 7,007,324 | $327.2M | Add +36.5% |
| JNJ Johnson & Johnson | 0.40% | 2,260,529 | $326.9M | Add +2.0% |
| MCD McDonald's Corp. | 0.39% | 1,107,174 | $321.0M | Reduce -5.0% |
| COR Cencora Inc. | 0.39% | 1,425,775 | $320.3M | Add +2.3% |
| ECL Ecolab Inc. | 0.39% | 1,363,963 | $319.6M | Reduce -9.8% |
| EMR Emerson Electric Co. | 0.39% | 2,537,900 | $314.5M | Reduce -0.3% |
| ZTS Zoetis Inc. | 0.38% | 1,915,250 | $312.1M | Add +5.7% |
| RPRX Royalty Pharma PLC Class A | 0.38% | 12,164,170 | $310.3M | Add +10.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.38% | 1,550,643 | $306.2M | Add +19.2% |
| PEP Pepsico Inc. | 0.37% | 1,975,359 | $300.4M | Reduce -15.8% |
| APH Amphenol Corp. Class A | 0.37% | 4,300,252 | $298.7M | Add +19.4% |
| PANW Palo Alto Networks Inc. | 0.37% | 1,634,701 | $297.5M | Add +3.9% |
| MU Micron Technology Inc. | 0.36% | 3,449,556 | $290.3M | Reduce -0.2% |
| MET Metlife Inc. | 0.35% | 3,466,808 | $283.9M | Add +76.0% |
| EQIX Equinix Inc. | 0.34% | 292,708 | $276.0M | Reduce -9.0% |
| AMD Advanced Micro Devices | 0.34% | 2,273,721 | $274.6M | Add +5.7% |
| TYL Tyler Technologies Inc. | 0.33% | 459,850 | $265.2M | Add +1.7% |
| PG The Procter & Gamble Co. | 0.33% | 1,581,283 | $265.1M | Add +5.2% |
| CL Colgate-Palmolive Co. | 0.32% | 2,858,265 | $259.8M | Reduce -3.1% |
| PWR Quanta Services Inc. | 0.31% | 795,644 | $251.5M | Reduce -17.1% |
| TT Trane Technologies PLC | 0.30% | 670,428 | $247.6M | Reduce -9.9% |
| CI The Cigna Group | 0.30% | 884,406 | $244.2M | Add +55.1% |
| MRVL Marvell Technology Inc. | 0.29% | 2,171,134 | $239.8M | Reduce -7.9% |
| SCI Service Corp. International | 0.29% | 2,950,020 | $235.5M | Add +1.7% |
| EA Electronic Arts Inc. | 0.29% | 1,607,817 | $235.2M | Add +6.3% |
| ALV Autoliv Inc. | 0.29% | 2,500,486 | $234.5M | Reduce -2.6% |
| SNOW Snowflake Inc. | 0.28% | 1,473,345 | $227.5M | Add +17.0% |
| LRCX Lam Research Corp. | 0.27% | 3,069,002 | $221.7M | Add +58.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.27% | 1,000,716 | $220.0M | Reduce -2.9% |
| DELL Dell Technologies -C | 0.27% | 1,901,112 | $219.1M | Add +803.6% |
| VEEV Veeva Systems Inc. Class A | 0.27% | 1,030,788 | $216.7M | Reduce -0.0% |
| PGR Progressive Corp. | 0.27% | 900,486 | $215.8M | Add +51.2% |
| VZ Verizon Communications Inc. | 0.26% | 5,377,922 | $215.1M | Add +3.9% |
| GS Goldman Sachs Group Inc. | 0.26% | 368,324 | $210.9M | Add +8.6% |
| QCOM Qualcomm Inc. | 0.25% | 1,319,483 | $202.7M | Add +0.5% |
| MELI MercadoLibre Inc. | 0.25% | 118,274 | $201.1M | Add +25.7% |
| DE Deere & Co. | 0.24% | 462,670 | $196.0M | Reduce -0.0% |
| GILD Gilead Sciences Inc. | 0.24% | 2,101,969 | $194.2M | Add +2.6% |
| ETN Eaton Corp. PLC | 0.24% | 582,354 | $193.3M | Reduce -13.7% |
| ABT Abbott Laboratories | 0.24% | 1,705,589 | $192.9M | Reduce -24.3% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.23% | 179,291 | $189.0M | Reduce -7.5% |
| AZN Astrazeneca PLC-Spons ADR | 0.23% | 2,831,357 | $185.5M | Add +4.6% |
| VRTX Vertex Pharmaceuticals Inc. | 0.23% | 456,587 | $183.9M | Reduce -21.1% |
| CYBR Cyberark Software Ltd./Israel | 0.22% | 545,100 | $181.6M | Add +19.0% |
| BMY Bristol-Myers Squibb Co. | 0.22% | 3,185,674 | $180.2M | Add +1.5% |
| FFIV F5 Inc. | 0.22% | 697,170 | $175.3M | Reduce -1.3% |
| CRDO Credo Technology Group Holdi | 0.21% | 2,485,314 | $167.0M | Reduce -24.7% |
| WMS Advanced Drainage Systems Inc. | 0.20% | 1,379,900 | $159.5M | Reduce -0.3% |
| ENPH Enphase Energy Inc. | 0.20% | 2,316,052 | $159.1M | Reduce -33.1% |
| CBRE CBRE Group Inc. Class A | 0.19% | 1,194,968 | $156.9M | Reduce -8.1% |
| AIG American International Group | 0.19% | 2,127,688 | $154.9M | Add +70.6% |
Portfolio Sells Q3 2024 → Q4 2024
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -96.1% | 0.02% | −0.54 |
| CNC Centene Corp. | Reduce -68.6% | 0.13% | −0.39 |
| DHR Danaher Corp. | Reduce -29.7% | 0.47% | −0.37 |
| UNH Unitedhealth Group Inc. | Reduce -6.4% | 1.32% | −0.37 |
| ADBE Adobe Inc. | Reduce -31.8% | 0.45% | −0.34 |
| AMAT Applied Materials Inc. | Reduce -9.0% | 0.77% | −0.32 |
| ENPH Enphase Energy Inc. | Reduce -33.1% | 0.20% | −0.30 |
| HSIC Henry Schein Inc. | Reduce -69.1% | 0.06% | −0.16 |
| PEP Pepsico Inc. | Reduce -15.8% | 0.37% | −0.14 |
| VLTO Veralto Corp. | Reduce -35.8% | 0.17% | −0.13 |
| LIN Linde PLC | Reduce -7.8% | 0.42% | −0.12 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -21.1% | 0.23% | −0.12 |
| FTNT Fortinet Inc. | Reduce -29.6% | 0.56% | −0.12 |
| MCK McKesson Corp. | Reduce -27.8% | 0.46% | −0.11 |
| ABBV Abbvie Inc. | Reduce -8.1% | 0.43% | −0.11 |
| SNPS Synopsys Inc. | Reduce -3.0% | 0.90% | −0.10 |
| TER Teradyne Inc. | Reduce -90.9% | 0.01% | −0.10 |
| MU Micron Technology Inc. | Reduce -0.2% | 0.36% | −0.10 |
| CSCO Cisco Systems Inc. | Reduce -21.9% | 0.51% | −0.10 |
| ECL Ecolab Inc. | Reduce -9.8% | 0.39% | −0.10 |
| ABT Abbott Laboratories | Reduce -24.3% | 0.24% | −0.09 |
| HOLX Hologic Inc. | Reduce -34.3% | 0.11% | −0.09 |
| NVDA Nvidia Corp. | Reduce -7.6% | 6.24% | −0.09 |
| WMS Advanced Drainage Systems Inc. | Reduce -0.3% | 0.20% | −0.08 |
| CL Colgate-Palmolive Co. | Reduce -3.1% | 0.32% | −0.07 |
| ORCL Oracle Corp. | Reduce -8.1% | 0.44% | −0.07 |
| ROK Rockwell Automation Inc. | Reduce -57.1% | 0.05% | −0.07 |
| COP Conocophillips | Sold out | 0.00% | −0.07 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.1% | 1.00% | −0.06 |
| TT Trane Technologies PLC | Reduce -9.9% | 0.30% | −0.06 |
| UCTT Ultra Clean Holdings Inc. | Sold out | 0.00% | −0.06 |
| MCD McDonald's Corp. | Reduce -5.0% | 0.39% | −0.06 |
| SMCI Super Micro Computer Inc. | Sold out | 0.00% | −0.06 |
| PWR Quanta Services Inc. | Reduce -17.1% | 0.31% | −0.06 |
| EL Estee Lauder Companies Class A | Reduce -93.3% | 0.00% | −0.05 |
| HCA HCA Healthcare Inc. | Reduce -7.1% | 0.10% | −0.05 |
| WSO Watsco Inc. | Reduce -40.3% | 0.06% | −0.05 |
| SYY Sysco Corp. | Reduce -19.8% | 0.15% | −0.05 |
| TGT Target Corp. | Reduce -23.4% | 0.09% | −0.05 |
| WY Weyerhaeuser Co. | Reduce -36.9% | 0.05% | −0.05 |
| ETN Eaton Corp. PLC | Reduce -13.7% | 0.24% | −0.05 |
| FCX Freeport-McMoran Inc. | Reduce -3.4% | 0.11% | −0.05 |
| IVZ Invesco Ltd. | Sold out | 0.00% | −0.04 |
| PFE Pfizer Inc. | Reduce -10.7% | 0.17% | −0.04 |
| UTHR United Therapeutics Corp. | Reduce -19.1% | 0.15% | −0.04 |
| HASI Ha Sustainable Infrastructur | Reduce -3.8% | 0.11% | −0.04 |
| PNR Pentair PLC | Reduce -24.4% | 0.13% | −0.04 |
| MOH Molina Healthcare Inc. | Reduce -43.3% | 0.03% | −0.04 |
| WM Waste Management Inc. | Reduce -1.4% | 0.43% | −0.04 |
| ODFL Old Dominion Freight Line | Reduce -31.0% | 0.05% | −0.03 |
Portfolio Buys Q3 2024 → Q4 2024
| AMZN Amazon.com Inc. | Add +8.3% | 3.90% | +0.73 |
| CRM Salesforce Inc. | Add +46.7% | 1.57% | +0.66 |
| ACN Accenture PLC Class A | Add +47.5% | 1.63% | +0.48 |
| AAPL Apple Inc. | Add +4.8% | 5.77% | +0.46 |
| ICE Intercontinental Exchange Inc. | Add +2293.3% | 0.41% | +0.39 |
| C Citigroup Inc. | Add +90.2% | 0.72% | +0.37 |
| BAC Bank of America Corp. | Add +81.4% | 0.69% | +0.33 |
| DELL Dell Technologies -C | Add +803.6% | 0.27% | +0.24 |
| GOOG Alphabet Inc. Class C | Add +1.7% | 1.99% | +0.21 |
| GOOGL Alphabet Inc. Class A | Add +1.4% | 1.98% | +0.21 |
| TSLA Tesla Inc. | Add +2.8% | 0.56% | +0.19 |
| V Visa Inc. Class A | Add +10.2% | 0.88% | +0.16 |
| SPOT Spotify Technology SA | Add +20.9% | 0.52% | +0.15 |
| MET Metlife Inc. | Add +76.0% | 0.35% | +0.14 |
| TECK Teck Resources Ltd.-CLS B | New | 0.13% | +0.13 |
| MANH Manhattan Associates Inc. | Add +1840.3% | 0.12% | +0.12 |
| DIS The Walt Disney Co. | Add +14.4% | 0.46% | +0.10 |
| SNOW Snowflake Inc. | Add +17.0% | 0.28% | +0.10 |
| ACGL Arch Capital Group Ltd. | Add +268.8% | 0.14% | +0.09 |
| NFLX Netflix Inc. | Add +0.3% | 0.51% | +0.09 |
| TSM Taiwan Semiconductor-SP ADR | Add +19.2% | 0.38% | +0.09 |
| AIG American International Group | Add +70.6% | 0.19% | +0.07 |
| PGR Progressive Corp. | Add +51.2% | 0.27% | +0.07 |
| CDNS Cadence Design SYS Inc. | Add +4.6% | 0.68% | +0.07 |
| LRCX Lam Research Corp. | Add +58.9% | 0.27% | +0.07 |
| BSY Bentley Systems Inc. Class B | Add +36.5% | 0.40% | +0.07 |
| EME Emcor Group Inc. | Add +399.4% | 0.09% | +0.07 |
| APH Amphenol Corp. Class A | Add +19.4% | 0.37% | +0.07 |
| GL Globe Life Inc. | New | 0.06% | +0.06 |
| CYBR Cyberark Software Ltd./Israel | Add +19.0% | 0.22% | +0.05 |
| CCK Crown Holdings Inc. | Add +379.3% | 0.07% | +0.05 |
| MA Mastercard Inc. Class A | Add +1.3% | 1.23% | +0.05 |
| CI The Cigna Group | Add +55.1% | 0.30% | +0.05 |
| GS Goldman Sachs Group Inc. | Add +8.6% | 0.26% | +0.05 |
| PINS Pinterest Inc. Class A | Add +2108.7% | 0.05% | +0.04 |
| WMT Walmart Inc. | Add +0.0% | 0.59% | +0.04 |
| GEV GE Vernova Inc. | Add +280.2% | 0.06% | +0.04 |
| PLTR Palantir Technologies Inc. Class A | New | 0.04% | +0.04 |
| ENTG Entegris Inc. | Add +47.7% | 0.19% | +0.04 |
| AXS Axis Capital Holdings Ltd. | New | 0.04% | +0.04 |
| CPAY Corpay Inc. | Add +44.9% | 0.11% | +0.04 |
| ADI Analog Devices Inc. | Add +16.9% | 0.88% | +0.04 |
| PVH PVH Corp. | Add +153.2% | 0.06% | +0.03 |
| SEE Sealed Air Corp. | Add +57.3% | 0.10% | +0.03 |
| ELF Elf Beauty Inc. | Add +16.0% | 0.13% | +0.03 |
| APP AppLovin Corp. Class A | Add +13.7% | 0.04% | +0.03 |
| SYK Stryker Corp. | Add +119.8% | 0.05% | +0.03 |
| BWA Borgwarner Inc. | Add +91.8% | 0.06% | +0.02 |
| PANW Palo Alto Networks Inc. | Add +3.9% | 0.37% | +0.02 |
| SSNC Ss&c Technologies Holdings | Add +17.5% | 0.16% | +0.02 |
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 |