# Xact Kapitalforvaltning AB

> Institutional holdings reported to the SEC as of Q1 2020 on Form 13F. CIK 1677440. Source: https://holderbook.com/funds/1677440-xact-kapitalforvaltning-ab/

- Reported value: $4.7B
- Positions: 1,310
- Weight of the ten largest: 24.9%
- Filed: 2020-05-14

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/) | $265.3M | 1,682,514 | 5.6% | 6 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $218.5M | 859,411 | 4.6% | 6 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $181.4M | 93,061 | 3.9% | 6 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $89.0M | 533,805 | 1.9% | 6 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $77.8M | 66,940 | 1.7% | 6 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $77.5M | 66,657 | 1.6% | 6 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $77.0M | 587,219 | 1.6% | 6 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $63.3M | 325,410 | 1.3% | 6 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $62.3M | 692,330 | 1.3% | 6 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $60.7M | 552,230 | 1.3% | 6 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $60.7M | 376,683 | 1.3% | 6 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $52.7M | 973,334 | 1.1% | 6 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $51.8M | 207,520 | 1.1% | 6 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $49.3M | 917,314 | 1.0% | 6 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $47.5M | 196,692 | 1.0% | 6 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $47.5M | 1,628,445 | 1.0% | 6 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $46.0M | 246,177 | 1.0% | 6 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $43.8M | 569,485 | 0.9% | 6 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $40.3M | 1,236,001 | 0.9% | 6 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $39.0M | 403,646 | 0.8% | 6 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $38.6M | 1,819,706 | 0.8% | 6 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $37.9M | 856,923 | 0.8% | 6 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $37.8M | 961,330 | 0.8% | 6 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $37.5M | 312,576 | 0.8% | 6 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $36.0M | 95,794 | 0.8% | 6 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $35.1M | 309,157 | 0.7% | 1 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $34.6M | 131,126 | 0.7% | 6 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $34.5M | 1,003,348 | 0.7% | 6 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $34.2M | 107,348 | 0.7% | 6 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $31.0M | 392,346 | 0.7% | 6 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $29.2M | 523,396 | 0.6% | 6 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $27.9M | 137,591 | 0.6% | 6 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $27.6M | 167,134 | 0.6% | 6 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $27.6M | 191,569 | 0.6% | 6 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $27.0M | 299,633 | 0.6% | 6 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $26.8M | 193,203 | 0.6% | 6 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $25.5M | 90,002 | 0.5% | 6 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $25.2M | 263,644 | 0.5% | 6 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $25.0M | 327,843 | 0.5% | 6 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $24.8M | 865,281 | 0.5% | 5 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $23.0M | 140,956 | 0.5% | 6 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $22.5M | 272,250 | 0.5% | 6 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $22.5M | 465,789 | 0.5% | 6 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $21.9M | 197,537 | 0.5% | 6 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $21.9M | 155,327 | 0.5% | 6 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $21.3M | 97,702 | 0.5% | 6 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $21.1M | 500,333 | 0.4% | 6 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $21.1M | 281,616 | 0.4% | 6 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $20.8M | 207,794 | 0.4% | 6 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $20.6M | 86,857 | 0.4% | 6 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $19.8M | 142,788 | 0.4% | 6 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $17.5M | 258,027 | 0.4% | 6 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $17.4M | 127,733 | 0.4% | 6 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $17.4M | 293,009 | 0.4% | 6 |
| LINDE PLC | [LINXXXX](https://holderbook.com/stocks/LINXXXX/) | $17.2M | 99,449 | 0.4% | 5 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $17.1M | 259,521 | 0.4% | 6 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $16.7M | 31,952 | 0.4% | 6 |
| FIDELITY NATL INFORMATION SV | [FIS](https://holderbook.com/stocks/FIS/) | $16.2M | 133,389 | 0.3% | 6 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $15.6M | 310,686 | 0.3% | 6 |
| GENERAL ELECTRIC CO | [GEXXXX](https://holderbook.com/stocks/GEXXXX/) | $15.2M | 1,911,743 | 0.3% | 5 |
| CHARTER COMMUNICATIONS INC | [CHTR](https://holderbook.com/stocks/CHTR/) | $15.1M | 34,635 | 0.3% | 6 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $14.8M | 172,070 | 0.3% | 6 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $14.6M | 82,480 | 0.3% | 5 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $14.3M | 152,964 | 0.3% | 6 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $14.1M | 57,570 | 0.3% | 6 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $14.0M | 120,511 | 0.3% | 6 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $13.7M | 59,492 | 0.3% | 6 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $13.6M | 78,701 | 0.3% | 6 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $13.5M | 56,640 | 0.3% | 6 |
| CROWN CASTLE INC | [CCI](https://holderbook.com/stocks/CCI/) | $13.1M | 90,738 | 0.3% | 6 |
| BIOGEN INC | [BIIB](https://holderbook.com/stocks/BIIB/) | $12.8M | 40,527 | 0.3% | 6 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $12.8M | 55,749 | 0.3% | 6 |
| ELEVANCE HEALTH INC FORMERLY | [ELV](https://holderbook.com/stocks/ELV/) | $12.7M | 55,860 | 0.3% | 6 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $12.5M | 187,938 | 0.3% | 6 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $12.5M | 25,172 | 0.3% | 6 |
| ZOETIS INC | [ZTS](https://holderbook.com/stocks/ZTS/) | $12.4M | 105,458 | 0.3% | 6 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $12.4M | 144,645 | 0.3% | 6 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $12.4M | 90,504 | 0.3% | 6 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $12.3M | 9,169 | 0.3% | 6 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $12.0M | 41,958 | 0.3% | 6 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $11.9M | 249,843 | 0.3% | 6 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $11.9M | 71,611 | 0.3% | 6 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $11.9M | 344,751 | 0.3% | 6 |
| FISERV INC | [FISV](https://holderbook.com/stocks/FISV/) | $11.7M | 123,434 | 0.2% | 6 |
| BLACKROCK INC | [BLKXXXX](https://holderbook.com/stocks/BLKXXXX/) | $11.5M | 26,226 | 0.2% | 6 |
| EQUINIX INC | [EQIX](https://holderbook.com/stocks/EQIX/) | $11.5M | 18,444 | 0.2% | 6 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $11.5M | 143,291 | 0.2% | 6 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $11.5M | 74,147 | 0.2% | 6 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $11.3M | 248,061 | 0.2% | 6 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $10.5M | 249,816 | 0.2% | 6 |
| ACTIVISION BLIZZARD INC | [ATVI](https://holderbook.com/stocks/ATVI/) | $10.1M | 169,367 | 0.2% | 6 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $10.0M | 89,132 | 0.2% | 6 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $9.8M | 48,973 | 0.2% | 6 |
| BOSTON SCIENTIFIC CORP | [BSX](https://holderbook.com/stocks/BSX/) | $9.7M | 297,677 | 0.2% | 6 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $9.6M | 74,982 | 0.2% | 6 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $9.6M | 208,651 | 0.2% | 6 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $9.5M | 118,252 | 0.2% | 6 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $9.5M | 165,766 | 0.2% | 6 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $9.5M | 68,720 | 0.2% | 6 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $9.5M | 278,009 | 0.2% | 6 |

## 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 |
|---|---|---|---|---|
| Q1 2020 | -19.0% | -19.9% | +0.9% | 100% |
| Q4 2019 | +9.7% | +8.5% | +1.2% | 99% |
| Q3 2019 | +0.9% | +1.3% | -0.4% | 99% |
| Q2 2019 | +3.9% | +3.7% | +0.2% | 100% |
| Q1 2019 | +14.1% | +13.0% | +1.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2020 | $4.7B | 1,310 |
| Q4 2019 | $5.9B | 1,408 |
| Q3 2019 | $5.3B | 1,429 |
| Q2 2019 | $4.9B | 1,437 |
| Q1 2019 | $4.4B | 1,442 |
| Q4 2018 | $3.9B | 1,494 |