Tredje AP-fonden
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 6, 2026), Tredje AP-fonden reported 351 stock positions worth $13.3 billion. Its top holding was Apple (AAPL) at 6.8% of the portfolio, followed by Nvidia (NVDA, 6.8%) and Microsoft (MSFT, 6.2%). Compared with Q3 2025, it opened 52 new positions, sold out of 79, added to 135 and reduced 98. The biggest buy was a new position in Broadcom (AVGO) and the biggest sale Microsoft (MSFT, shares −15%).
- Most Recent 13F
- Q2 2026
- Location
- SE-111 91 STOCKHOLM, V7
- CIK
- 0001650290
- Portfolio Value
- $13.3B (Q4 2025)
- SEC Filing
- 0001650290-26-000002 ↗ filed Feb 6, 2026
Holdings Value
Holdings 351 stocks · $13.3B
| AAPL Apple Inc. | 6.81% | 3,325,963 | $904.2M | Reduce -10.5% |
| NVDA Nvidia Corp. | 6.80% | 4,843,198 | $903.3M | Reduce -1.6% |
| MSFT Microsoft Corp. | 6.22% | 1,707,644 | $825.9M | Reduce -15.0% |
| GOOGL Alphabet Inc. Class A | 4.96% | 2,104,881 | $658.8M | Reduce -18.0% |
| AMZN Amazon.com Inc. | 4.92% | 2,832,690 | $653.8M | Add +8.6% |
| AVGO Broadcom Inc. | 2.79% | 1,071,271 | $370.8M | New |
| JPM JPMorgan Chase & Co. | 2.69% | 1,107,331 | $356.8M | Add +12.3% |
| META Meta Platforms Inc. Class A | 2.12% | 426,570 | $281.6M | Reduce -24.4% |
| LLY Eli Lilly & Co. | 1.90% | 234,919 | $252.5M | Add +0.2% |
| FLSP Franklin Systematic Style PR | 1.63% | 8,050,000 | $216.6M | Add +101.3% |
| MA Mastercard Inc. Class A | 1.61% | 375,210 | $214.2M | Reduce -12.7% |
| SWAN Amplify Blckswn Grow Trsry | 1.60% | 6,525,000 | $211.9M | Add +102.3% |
| QAI Nylim HDG MLT-STR TRC ETF-Ui filed as NEW YORK LIFE INVESTMENTS ET | 1.58% | 6,275,000 | $210.3M | Add +102.4% |
| GOOG Alphabet Inc. Class C | 1.32% | 556,777 | $174.7M | Reduce -18.2% |
| ABBV Abbvie Inc. | 1.14% | 662,843 | $151.5M | Reduce -13.4% |
| WFC Wells Fargo & Co. | 1.13% | 1,612,065 | $150.2M | Add +16.4% |
| WMT Walmart Inc. | 1.10% | 1,309,785 | $145.9M | Add +42.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.07% | 281,709 | $141.6M | Reduce -31.2% |
| V Visa Inc. Class A | 1.05% | 397,432 | $139.4M | Reduce -3.8% |
| MU Micron Technology Inc. | 1.03% | 478,311 | $136.5M | Add +117.4% |
| PG The Procter & Gamble Co. | 1.01% | 936,437 | $134.2M | Reduce -8.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.98% | 842,983 | $129.5M | Add +15.0% |
| UNH Unitedhealth Group Inc. | 0.95% | 380,240 | $125.5M | Reduce -17.2% |
| KO The Coca-Cola Co. | 0.88% | 1,667,023 | $116.5M | Reduce -0.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.85% | 2,061,288 | $113.4M | Add +27.7% |
| BSX Boston Scientific Corp. | 0.82% | 1,146,889 | $109.4M | Add +7.1% |
| MCK McKesson Corp. | 0.79% | 127,758 | $104.8M | Reduce -23.6% |
| ETN Eaton Corp. PLC | 0.79% | 327,513 | $104.3M | Reduce -42.6% |
| HD Home Depot Inc. | 0.77% | 295,558 | $101.7M | Add +88.1% |
| ISRG Intuitive Surgical Inc. | 0.73% | 171,811 | $97.3M | Add +120.5% |
| TMO Thermo Fisher Scientific Inc. | 0.67% | 154,594 | $89.6M | Reduce -9.1% |
| FIAX Nicholas Fixed Inc. Alt ETF | 0.67% | 4,936,785 | $88.7M | No change |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 0.66% | 532,486 | $87.4M | Reduce -22.6% |
| XYL Xylem Inc. | 0.66% | 639,676 | $87.1M | Reduce -8.0% |
| CRM Salesforce Inc. | 0.65% | 324,873 | $86.1M | Add +21.8% |
| NOW ServiceNow Inc. | 0.65% | 559,590 | $85.7M | New |
| KKR KKR & Co. Inc. | 0.61% | 637,751 | $81.3M | Add +34.0% |
| ADI Analog Devices Inc. | 0.57% | 280,756 | $76.1M | Reduce -13.0% |
| MRK Merck & Co. Inc. | 0.56% | 709,260 | $74.7M | Add +12.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.54% | 237,173 | $72.1M | Reduce -37.6% |
| TMUS T-Mobile US Inc. | 0.53% | 347,497 | $70.6M | Add +1.7% |
| BBD Banco Bradesco-ADR | 0.52% | 20,869,200 | $69.5M | Add +65.2% |
| FSLR First Solar Inc. | 0.52% | 262,697 | $68.6M | Reduce -43.5% |
| ABT Abbott Laboratories | 0.52% | 546,141 | $68.4M | Reduce -25.1% |
| WM Waste Management Inc. | 0.49% | 295,630 | $65.0M | Add +18.0% |
| SPGI S&P Global Inc. | 0.48% | 121,272 | $63.4M | Add +91.1% |
| TIGO Millicom Intl Cellular S.A. | 0.46% | 1,090,531 | $60.5M | New |
| VRTX Vertex Pharmaceuticals Inc. | 0.45% | 131,727 | $59.7M | Reduce -28.9% |
| KR Kroger Co. | 0.45% | 952,779 | $59.5M | Reduce -1.3% |
| DECK Deckers Outdoor Corp. | 0.44% | 568,353 | $58.9M | Reduce -38.7% |
| UBER Uber Technologies Inc. | 0.44% | 720,655 | $58.9M | Add +0.7% |
| TSLA Tesla Inc. | 0.44% | 130,504 | $58.7M | Add +278.3% |
| URI United Rentals Inc. | 0.43% | 70,754 | $57.3M | Add +1018.8% |
| CSCO Cisco Systems Inc. | 0.43% | 739,762 | $57.0M | New |
| BDX Becton Dickinson and Co. | 0.43% | 291,720 | $56.6M | Add +7.4% |
| MNST Monster Beverage Corp. | 0.43% | 736,928 | $56.5M | Reduce -10.0% |
| BLK BlackRock Inc. | 0.41% | 51,034 | $54.6M | New |
| ACN Accenture PLC Class A | 0.41% | 201,966 | $54.2M | Add +37.7% |
| BKR Baker Hughes Co. | 0.38% | 1,118,446 | $50.9M | New |
| TTWO Take-Two Interactive Softwre | 0.38% | 198,054 | $50.7M | Reduce -3.0% |
| T AT&T Inc. | 0.38% | 2,034,656 | $50.5M | No change |
| C Citigroup Inc. | 0.37% | 417,559 | $48.7M | Add +91.9% |
| CNP Centerpoint Energy Inc. | 0.36% | 1,235,521 | $47.4M | Add +0.9% |
| LRCX Lam Research Corp. | 0.35% | 274,669 | $47.0M | Add +287.0% |
| SYK Stryker Corp. | 0.35% | 131,561 | $46.2M | Add +32.0% |
| MRVL Marvell Technology Inc. | 0.33% | 522,888 | $44.4M | Add +16.3% |
| J Jacobs Solutions Inc. | 0.33% | 328,975 | $43.6M | Add +30.9% |
| COST Costco Wholesale Corp. | 0.33% | 50,420 | $43.5M | Add +222.0% |
| GM General Motors Co. | 0.32% | 515,324 | $41.9M | Add +51.5% |
| WDC Western Digital Corp. | 0.32% | 242,929 | $41.8M | Add +554.6% |
| MS Morgan Stanley | 0.31% | 233,501 | $41.5M | Add +39.2% |
| ALL Allstate Corp. | 0.30% | 193,400 | $40.3M | Reduce -41.4% |
| PGR Progressive Corp. | 0.30% | 174,856 | $39.8M | Add +20.6% |
| ROP Roper Technologies Inc. | 0.29% | 87,343 | $38.9M | Add +33.2% |
| MET Metlife Inc. | 0.29% | 485,366 | $38.3M | Add +6.5% |
| AMD Advanced Micro Devices | 0.28% | 176,705 | $37.8M | Add +62.4% |
| CBOE Cboe Global Markets Inc. | 0.28% | 148,887 | $37.4M | Add +293.2% |
| NEE Nextera Energy Inc. | 0.28% | 461,203 | $37.0M | Reduce -27.7% |
| UNP Union Pacific Corp. | 0.28% | 159,016 | $36.8M | No change |
| TRMB Trimble Inc. | 0.26% | 445,497 | $34.9M | Reduce -15.3% |
| PINS Pinterest Inc. Class A | 0.26% | 1,315,643 | $34.1M | Reduce -37.8% |
| APH Amphenol Corp. Class A | 0.26% | 251,274 | $34.0M | Add +31.5% |
| COF Capital One Financial Corp. | 0.26% | 140,000 | $33.9M | No change |
| PFE Pfizer Inc. | 0.25% | 1,350,000 | $33.6M | New |
| DOV Dover Corp. | 0.25% | 172,043 | $33.6M | Add +5.4% |
| NFLX Netflix Inc. | 0.25% | 352,230 | $33.0M | Add +95.0% |
| DAL Delta Air Lines Inc. | 0.24% | 466,797 | $32.4M | Add +1563.5% |
| PLD Prologis Inc. | 0.24% | 253,751 | $32.4M | Add +2.7% |
| PANW Palo Alto Networks Inc. | 0.24% | 175,607 | $32.3M | Reduce -33.8% |
| INTU Intuit Inc. | 0.24% | 47,176 | $31.3M | Add +92.6% |
| SPOT Spotify Technology SA | 0.24% | 53,796 | $31.2M | Add +119.6% |
| STX Seagate Technology Holdings | 0.23% | 111,339 | $30.7M | Add +446.6% |
| ITUB Itau Unibanco H-Spon PRF ADR | 0.23% | 4,269,151 | $30.6M | Reduce -40.9% |
| ROST Ross Stores Inc. | 0.23% | 167,340 | $30.1M | No change |
| RDDT Reddit Inc. Class A | 0.23% | 130,596 | $30.0M | Add +55.0% |
| LIN Linde PLC | 0.22% | 68,862 | $29.4M | Add +5.0% |
| JNJ Johnson & Johnson | 0.22% | 141,665 | $29.3M | Add +28.0% |
| CARR Carrier Global Corp. | 0.22% | 543,937 | $28.7M | Add +20.9% |
| GS Goldman Sachs Group Inc. | 0.21% | 32,304 | $28.4M | Add +481.1% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.21% | 109,212 | $28.3M | No change |
Portfolio Sells Q3 2025 → Q4 2025
| MSFT Microsoft Corp. | Reduce -15.0% | 6.22% | −2.14 |
| META Meta Platforms Inc. Class A | Reduce -24.4% | 2.12% | −1.21 |
| ETN Eaton Corp. PLC | Reduce -42.6% | 0.79% | −0.93 |
| AAPL Apple Inc. | Reduce -10.5% | 6.81% | −0.79 |
| SE Sea Ltd.-ADR | Reduce -81.0% | 0.11% | −0.76 |
| SNPS Synopsys Inc. | Reduce -98.6% | 0.01% | −0.65 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -31.2% | 1.07% | −0.59 |
| NVDA Nvidia Corp. | Reduce -1.6% | 6.80% | −0.57 |
| MA Mastercard Inc. Class A | Reduce -12.7% | 1.61% | −0.35 |
| UNH Unitedhealth Group Inc. | Reduce -17.2% | 0.95% | −0.33 |
| DECK Deckers Outdoor Corp. | Reduce -38.7% | 0.44% | −0.31 |
| BKNG Booking Holdings Inc. | Reduce -58.7% | 0.19% | −0.31 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -37.6% | 0.54% | −0.31 |
| FSLR First Solar Inc. | Reduce -43.5% | 0.52% | −0.31 |
| FUTU Futu Holdings Ltd.-ADR | Reduce -22.6% | 0.66% | −0.30 |
| XP XP Inc. Class A | Sold out | 0.00% | −0.29 |
| PINS Pinterest Inc. Class A | Reduce -37.8% | 0.26% | −0.29 |
| ABBV Abbvie Inc. | Reduce -13.4% | 1.14% | −0.28 |
| MELI MercadoLibre Inc. | Sold out | 0.00% | −0.28 |
| ABT Abbott Laboratories | Reduce -25.1% | 0.52% | −0.27 |
| ALL Allstate Corp. | Reduce -41.4% | 0.30% | −0.27 |
| ORCL Oracle Corp. | Reduce -72.5% | 0.06% | −0.26 |
| PG The Procter & Gamble Co. | Reduce -8.3% | 1.01% | −0.25 |
| MCK McKesson Corp. | Reduce -23.6% | 0.79% | −0.25 |
| DIS The Walt Disney Co. | Reduce -61.2% | 0.14% | −0.24 |
| ADBE Adobe Inc. | Reduce -70.2% | 0.09% | −0.23 |
| NXPI NXP Semiconductors NV | Reduce -51.5% | 0.17% | −0.22 |
| ICE Intercontinental Exchange Inc. | Reduce -67.5% | 0.09% | −0.21 |
| OKTA Okta Inc. | Reduce -54.5% | 0.14% | −0.20 |
| CGNX Cognex Corp. | Sold out | 0.00% | −0.20 |
| ITUB Itau Unibanco H-Spon PRF ADR | Reduce -40.9% | 0.23% | −0.20 |
| PANW Palo Alto Networks Inc. | Reduce -33.8% | 0.24% | −0.19 |
| CSL Carlisle Cos Inc. | Reduce -92.9% | 0.01% | −0.18 |
| TXN Texas Instruments Inc. | Reduce -38.9% | 0.20% | −0.17 |
| ESTC Elastic NV | Sold out | 0.00% | −0.17 |
| CFLT Confluent Inc. Class A | Sold out | 0.00% | −0.17 |
| XYL Xylem Inc. | Reduce -8.0% | 0.66% | −0.17 |
| EA Electronic Arts Inc. | Sold out | 0.00% | −0.16 |
| ALGN Align Technology Inc. | Sold out | 0.00% | −0.16 |
| VEEV Veeva Systems Inc. Class A | Reduce -55.2% | 0.07% | −0.15 |
| DUOL Duolingo | Sold out | 0.00% | −0.14 |
| CB Chubb Ltd. | Reduce -56.3% | 0.12% | −0.14 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -28.9% | 0.45% | −0.13 |
| SW Smurfit Westrock PLC | Reduce -84.1% | 0.02% | −0.13 |
| DDOG Datadog Inc. Class A | Reduce -62.9% | 0.06% | −0.12 |
| NEE Nextera Energy Inc. | Reduce -27.7% | 0.28% | −0.11 |
| QCOM Qualcomm Inc. | Reduce -39.2% | 0.13% | −0.09 |
| COIN Coinbase Global Inc. Class A | Reduce -18.3% | 0.10% | −0.09 |
| FTV Fortive Corp. | Sold out | 0.00% | −0.09 |
| OLED Universal Display Corp. | Sold out | 0.00% | −0.09 |
Portfolio Buys Q3 2025 → Q4 2025
| AVGO Broadcom Inc. | New | 2.79% | +2.79 |
| FLSP Franklin Systematic Style PR | Add +101.3% | 1.63% | +0.78 |
| SWAN Amplify Blckswn Grow Trsry | Add +102.3% | 1.60% | +0.76 |
| QAI Nylim HDG MLT-STR TRC ETF-Ui | Add +102.4% | 1.58% | +0.75 |
| MU Micron Technology Inc. | Add +117.4% | 1.03% | +0.73 |
| NOW ServiceNow Inc. | New | 0.65% | +0.65 |
| LLY Eli Lilly & Co. | Add +0.2% | 1.90% | +0.46 |
| TIGO Millicom Intl Cellular S.A. | New | 0.46% | +0.46 |
| ISRG Intuitive Surgical Inc. | Add +120.5% | 0.73% | +0.45 |
| CSCO Cisco Systems Inc. | New | 0.43% | +0.43 |
| BLK BlackRock Inc. | New | 0.41% | +0.41 |
| BKR Baker Hughes Co. | New | 0.38% | +0.38 |
| URI United Rentals Inc. | Add +1018.8% | 0.43% | +0.38 |
| WMT Walmart Inc. | Add +42.5% | 1.10% | +0.34 |
| AMZN Amazon.com Inc. | Add +8.6% | 4.92% | +0.32 |
| TSLA Tesla Inc. | Add +278.3% | 0.44% | +0.32 |
| WDC Western Digital Corp. | Add +554.6% | 0.32% | +0.28 |
| LRCX Lam Research Corp. | Add +287.0% | 0.35% | +0.28 |
| HD Home Depot Inc. | Add +88.1% | 0.77% | +0.25 |
| PFE Pfizer Inc. | New | 0.25% | +0.25 |
| DAL Delta Air Lines Inc. | Add +1563.5% | 0.24% | +0.23 |
| SPGI S&P Global Inc. | Add +91.1% | 0.48% | +0.23 |
| COST Costco Wholesale Corp. | Add +222.0% | 0.33% | +0.21 |
| CBOE Cboe Global Markets Inc. | Add +293.2% | 0.28% | +0.21 |
| WCN Waste Connections Inc. | New | 0.20% | +0.20 |
| WFC Wells Fargo & Co. | Add +16.4% | 1.13% | +0.20 |
| STX Seagate Technology Holdings | Add +446.6% | 0.23% | +0.19 |
| C Citigroup Inc. | Add +91.9% | 0.37% | +0.19 |
| JPM JPMorgan Chase & Co. | Add +12.3% | 2.69% | +0.19 |
| BAC Bank of America Corp. | Add +27.7% | 0.85% | +0.18 |
| BBD Banco Bradesco-ADR | Add +65.2% | 0.52% | +0.18 |
| GS Goldman Sachs Group Inc. | Add +481.1% | 0.21% | +0.18 |
| AMGN Amgen Inc. | New | 0.17% | +0.17 |
| GM General Motors Co. | Add +51.5% | 0.32% | +0.15 |
| AMD Advanced Micro Devices | Add +62.4% | 0.28% | +0.14 |
| PH Parker Hannifin Corp. | New | 0.14% | +0.14 |
| CRM Salesforce Inc. | Add +21.8% | 0.65% | +0.14 |
| SCHW Schwab (charles) Corp. | New | 0.14% | +0.14 |
| GEV GE Vernova Inc. | New | 0.14% | +0.14 |
| MRK Merck & Co. Inc. | Add +12.4% | 0.56% | +0.14 |
| COHR Coherent Corp. | New | 0.13% | +0.13 |
| IEX Idex Corp. | Add +892.1% | 0.14% | +0.13 |
| TJX TJX Companies Inc. | Add +15.0% | 0.98% | +0.12 |
| WMS Advanced Drainage Systems Inc. | New | 0.12% | +0.12 |
| APTV Aptiv PLC | New | 0.12% | +0.12 |
| ACN Accenture PLC Class A | Add +37.7% | 0.41% | +0.12 |
| KKR KKR & Co. Inc. | Add +34.0% | 0.61% | +0.12 |
| TSCO Tractor Supply Company | Add +608.3% | 0.14% | +0.11 |
| ONTO Onto Innovation Inc. | New | 0.11% | +0.11 |
| JCI Johnson Controls Internation | New | 0.11% | +0.11 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 424 | $22.1B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q1 2026 | 555 | $18.3B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025 | 351 | $13.3B | AAPL, NVDA, MSFT, GOOGL, AMZN |
| Q3 2025 | 378 | $12.5B | MSFT, AAPL, NVDA, GOOGL, AMZN |
| Q2 2025 | 371 | $12.6B | MSFT, NVDA, AAPL, AMZN, META |
| Q1 2025 | 432 | $10.7B | MSFT, AAPL, NVDA, AMZN, META |
| Q4 2024 | 473 | $11.1B | MSFT, AAPL, NVDA, AMZN, GOOGL |
| Q3 2024 | 474 | $11.0B | MSFT, AAPL, NVDA, AMZN, SPY |
| Q2 2024 | 474 | $10.4B | MSFT, NVDA, AAPL, AMZN, GOOGL |
| Q1 2024 | 487 | $9.6B | MSFT, NVDA, AAPL, AMZN, META |