# Swedbank

> Institutional holdings reported to the SEC as of Q4 2020 on Form 13F. CIK 1633050. Source: https://holderbook.com/funds/1633050-swedbank/

- Reported value: $34.1B
- Positions: 126
- Weight of the ten largest: 36.3%
- Filed: 2021-02-09

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $2.5B | 11,094,464 | 7.2% | 9 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.0B | 14,997,812 | 5.9% | 9 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.5B | 447,511 | 4.3% | 9 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $1.3B | 2,559,750 | 3.7% | 9 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $1.1B | 4,741,624 | 3.2% | 9 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $882.6M | 1,678,471 | 2.6% | 9 |
| SOLAREDGE TECHNOLOGIES INC | [SEDG](https://holderbook.com/stocks/SEDG/) | $874.5M | 2,740,597 | 2.6% | 7 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $830.5M | 478,302 | 2.4% | 9 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $780.0M | 448,375 | 2.3% | 9 |
| VMWARE INC | [VMW](https://holderbook.com/stocks/VMW/) | $704.7M | 5,104,826 | 2.1% | 6 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $703.5M | 1,285,229 | 2.1% | 5 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $528.8M | 4,218,142 | 1.6% | 9 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $518.0M | 1,501,396 | 1.5% | 9 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $504.8M | 1,964,721 | 1.5% | 9 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $501.4M | 5,074,117 | 1.5% | 9 |
| GLOBAL PMTS INC | [GPN](https://holderbook.com/stocks/GPN/) | $484.0M | 2,303,000 | 1.4% | 7 |
| KEYSIGHT TECHNOLOGIES INC | [KEYS](https://holderbook.com/stocks/KEYS/) | $476.8M | 3,633,406 | 1.4% | 3 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $457.7M | 991,280 | 1.3% | 8 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $438.3M | 2,007,192 | 1.3% | 9 |
| PINTEREST INC | [PINS](https://holderbook.com/stocks/PINS/) | $416.5M | 6,203,271 | 1.2% | 3 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $414.8M | 1,525,578 | 1.2% | 9 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $411.4M | 1,156,983 | 1.2% | 9 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $406.5M | 3,748,305 | 1.2% | 9 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $397.4M | 1,227,954 | 1.2% | 9 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $353.7M | 4,388,574 | 1.0% | 9 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $340.0M | 7,644,025 | 1.0% | 9 |
| ALEXION PHARMACEUTICALS INC | [ALXN](https://holderbook.com/stocks/ALXN/) | $334.1M | 2,138,261 | 1.0% | 9 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $329.7M | 1,482,417 | 1.0% | 9 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $316.8M | 918 | 0.9% | 9 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $295.1M | 1,628,790 | 0.9% | 9 |
| SVB FINANCIAL GROUP | [SIVB](https://holderbook.com/stocks/SIVB/) | $276.7M | 721,292 | 0.8% | 6 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $273.6M | 1,340,814 | 0.8% | 9 |
| CENTENE CORP DEL | [CNC](https://holderbook.com/stocks/CNC/) | $266.9M | 4,529,036 | 0.8% | 5 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $263.3M | 1,146,422 | 0.8% | 9 |
| ARISTA NETWORKS INC | [ANETXXXX](https://holderbook.com/stocks/ANETXXXX/) | $258.3M | 893,839 | 0.8% | 8 |
| F5 INC | [FFIV](https://holderbook.com/stocks/FFIV/) | $245.9M | 1,399,796 | 0.7% | 9 |
| ANSYS INC | [ANSS](https://holderbook.com/stocks/ANSS/) | $233.0M | 642,953 | 0.7% | 7 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $231.9M | 1,077,486 | 0.7% | 9 |
| CADENCE DESIGN SYSTEM INC | [CDNS](https://holderbook.com/stocks/CDNS/) | $222.1M | 1,642,088 | 0.7% | 4 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $219.8M | 996,040 | 0.6% | 4 |
| CBRE GROUP INC | [CBRE](https://holderbook.com/stocks/CBRE/) | $218.4M | 3,500,481 | 0.6% | 5 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $217.1M | 1,248,524 | 0.6% | 9 |
| FIDELITY NATL INFORMATION SV | [FIS](https://holderbook.com/stocks/FIS/) | $211.3M | 1,514,154 | 0.6% | 8 |
| EQUINIX INC | [EQIX](https://holderbook.com/stocks/EQIX/) | $210.5M | 300,541 | 0.6% | 3 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $208.2M | 784,872 | 0.6% | 9 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $201.7M | 384,418 | 0.6% | 3 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $201.2M | 2,374,061 | 0.6% | 9 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $198.8M | 1,442,734 | 0.6% | 9 |
| TAKE-TWO INTERACTIVE SOFTWAR | [TTWO](https://holderbook.com/stocks/TTWO/) | $196.5M | 952,143 | 0.6% | 9 |
| ELECTRONIC ARTS INC | [EA](https://holderbook.com/stocks/EA/) | $189.2M | 1,331,807 | 0.6% | 9 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $187.2M | 3,219,663 | 0.5% | 9 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $186.8M | 3,831,195 | 0.5% | 9 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $186.5M | 724,310 | 0.5% | 9 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $185.1M | 1,488,290 | 0.5% | 9 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $184.7M | 3,034,569 | 0.5% | 9 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $183.2M | 706,012 | 0.5% | 9 |
| MARVELL TECHNOLOGY GROUP LTD | [MRVLXXXX](https://holderbook.com/stocks/MRVLXXXX/) | $177.7M | 3,740,748 | 0.5% | 3 |
| DOLLAR GEN CORP | [DG](https://holderbook.com/stocks/DG/) | $167.7M | 798,940 | 0.5% | 1 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $165.1M | 1,558,438 | 0.5% | 9 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $158.9M | 4,325,914 | 0.5% | 9 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $156.4M | 662,623 | 0.5% | 9 |
| POOL CORP | [POOL](https://holderbook.com/stocks/POOL/) | $156.0M | 424,697 | 0.5% | 3 |
| NEBIUS GROUP N.V. | [NBIS](https://holderbook.com/stocks/NBIS/) | $153.8M | 964,707 | 0.5% | 4 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $151.3M | 1,044,458 | 0.4% | 2 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $151.2M | 1,026,712 | 0.4% | 7 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $149.7M | 2,642,929 | 0.4% | 9 |
| DIGITAL RLTY TR INC | [DLR](https://holderbook.com/stocks/DLR/) | $149.3M | 1,079,449 | 0.4% | 3 |
| ROBERT HALF INC. | [RHI](https://holderbook.com/stocks/RHI/) | $149.0M | 2,399,419 | 0.4% | 9 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $146.2M | 4,878,260 | 0.4% | 9 |
| VEEVA SYS INC | [VEEV](https://holderbook.com/stocks/VEEV/) | $145.1M | 525,522 | 0.4% | 1 |
| BEST BUY INC | [BBY](https://holderbook.com/stocks/BBY/) | $144.5M | 1,425,438 | 0.4% | 9 |
| FARFETCH LTD | [FTCHQ](https://holderbook.com/stocks/FTCHQ/) | $141.5M | 2,192,230 | 0.4% | 1 |
| ON SEMICONDUCTOR CORP | [ON](https://holderbook.com/stocks/ON/) | $141.4M | 4,352,202 | 0.4% | 1 |
| EDWARDS LIFESCIENCES CORP | [EW](https://holderbook.com/stocks/EW/) | $135.8M | 1,515,082 | 0.4% | 3 |
| ROCKWELL AUTOMATION INC | [ROK](https://holderbook.com/stocks/ROK/) | $135.2M | 542,801 | 0.4% | 9 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $133.6M | 192,300 | 0.4% | 1 |
| MSCI INC | [MSCI](https://holderbook.com/stocks/MSCI/) | $133.2M | 304,736 | 0.4% | 1 |
| ENPHASE ENERGY INC | [ENPH](https://holderbook.com/stocks/ENPH/) | $129.4M | 748,323 | 0.4% | 2 |
| Seagate Technology | - | $127.2M | 2,098,440 | 0.4% | 9 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $126.9M | 575,786 | 0.4% | 6 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $125.0M | 524,178 | 0.4% | 9 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $124.9M | 747,933 | 0.4% | 5 |
| Eaton Corp PLC | - | $124.0M | 1,039,807 | 0.4% | 1 |
| CARDINAL HEALTH INC | [CAH](https://holderbook.com/stocks/CAH/) | $119.1M | 2,227,172 | 0.3% | 7 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $118.8M | 1,621,498 | 0.3% | 1 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $118.3M | 990,735 | 0.3% | 9 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $118.1M | 519,678 | 0.3% | 3 |
| COOPER COS INC | [COO](https://holderbook.com/stocks/COO/) | $116.1M | 325,688 | 0.3% | 7 |
| SNAP INC | [SNAP](https://holderbook.com/stocks/SNAP/) | $115.7M | 2,343,937 | 0.3% | 1 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $113.0M | 724,340 | 0.3% | 9 |
| BLACKROCK INC | [BLKXXXX](https://holderbook.com/stocks/BLKXXXX/) | $112.9M | 159,201 | 0.3% | 1 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $111.0M | 1,792,202 | 0.3% | 5 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $109.0M | 1,691,924 | 0.3% | 1 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $107.8M | 414,502 | 0.3% | 5 |
| V F CORP | [VFC](https://holderbook.com/stocks/VFC/) | $105.3M | 1,221,885 | 0.3% | 5 |
| EXELON CORP | [EXC](https://holderbook.com/stocks/EXC/) | $105.2M | 2,509,244 | 0.3% | 9 |
| SCHEIN HENRY INC | [HSIC](https://holderbook.com/stocks/HSIC/) | $104.4M | 1,585,257 | 0.3% | 1 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $104.1M | 600,059 | 0.3% | 3 |
| Aptiv PLC | - | $104.0M | 795,162 | 0.3% | 1 |
| ULTRA CLEAN HLDGS INC | [UCTT](https://holderbook.com/stocks/UCTT/) | $104.0M | 3,300,000 | 0.3% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q4 2020 | +12.5% | +11.6% | +0.8% | 99% |
| Q3 2020 | +11.0% | +8.6% | +2.4% | 99% |
| Q2 2020 | +26.2% | +19.6% | +6.6% | 99% |
| Q1 2020 | -15.4% | -19.9% | +4.5% | 99% |
| Q4 2019 | +11.0% | +8.5% | +2.5% | 99% |
| Q3 2019 | +0.1% | +1.3% | -1.2% | 98% |
| Q2 2019 | +3.7% | +3.7% | +0.0% | 99% |
| Q1 2019 | +14.3% | +13.0% | +1.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2020 | $34.1B | 126 |
| Q3 2020 | $29.1B | 118 |
| Q2 2020 | $27.5B | 118 |
| Q1 2020 | $20.2B | 109 |
| Q4 2019 | $24.6B | 110 |
| Q3 2019 | $22.0B | 105 |
| Q2 2019 | $22.1B | 108 |
| Q1 2019 | $21.0B | 98 |
| Q4 2018 | $18.2B | 94 |