# DANSKE BANK A/S

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 800177. Source: https://holderbook.com/funds/800177-danske-bank-a-s/

- Reported value: $50.6B
- Positions: 1,147
- Weight of the ten largest: 37.1%
- Filed: 2026-08-10

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 |
|---|---|---|---|---|---|
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $3.6B | 17,989,213 | 7.1% | 10 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $3.2B | 11,069,967 | 6.3% | 10 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.5B | 10,467,002 | 4.9% | 10 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $2.1B | 5,659,933 | 4.2% | 10 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.8B | 5,166,046 | 3.6% | 10 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.2B | 3,269,534 | 2.4% | 10 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.2B | 3,339,577 | 2.3% | 10 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $1.1B | 1,902,942 | 2.2% | 10 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $1.1B | 911,561 | 2.1% | 10 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $938.1M | 1,665,476 | 1.9% | 10 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $920.4M | 767,326 | 1.8% | 10 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $907.6M | 2,157,941 | 1.8% | 10 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $779.5M | 2,381,449 | 1.5% | 10 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $597.9M | 1,742,585 | 1.2% | 10 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $530.9M | 1,060,936 | 1.0% | 10 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $527.0M | 2,075,218 | 1.0% | 10 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $475.4M | 4,197,779 | 0.9% | 10 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $413.5M | 954,179 | 0.8% | 7 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $386.6M | 3,291,076 | 0.8% | 10 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $383.5M | 2,746,307 | 0.8% | 10 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $359.4M | 497,094 | 0.7% | 10 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $333.5M | 802,510 | 0.7% | 10 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $331.4M | 1,316,850 | 0.7% | 10 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $329.8M | 352,575 | 0.7% | 10 |
| KRANESHARES TRUST | [KWEB](https://holderbook.com/stocks/KWEB/) | $327.7M | 0 | 0.6% | 2 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $326.5M | 1,082,108 | 0.6% | 10 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $310.8M | 598,989 | 0.6% | 10 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $296.4M | 2,540,153 | 0.6% | 10 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $287.8M | 3,541,488 | 0.6% | 10 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $276.5M | 2,152,022 | 0.5% | 10 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $271.0M | 909,035 | 0.5% | 10 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $260.8M | 244,864 | 0.5% | 10 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $255.8M | 498,109 | 0.5% | 10 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $254.7M | 4,469,195 | 0.5% | 10 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $254.0M | 1,815,137 | 0.5% | 10 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $241.8M | 709,677 | 0.5% | 10 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $241.6M | 646,391 | 0.5% | 10 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $237.5M | 1,642,402 | 0.5% | 10 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $236.9M | 1,615,548 | 0.5% | 10 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $233.3M | 198,552 | 0.5% | 9 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $228.3M | 225,763 | 0.5% | 10 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $224.9M | 521,306 | 0.4% | 10 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $224.4M | 753,132 | 0.4% | 10 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $224.1M | 1,271,184 | 0.4% | 10 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $207.2M | 2,901,740 | 0.4% | 10 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $200.0M | 1,054,267 | 0.4% | 9 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $188.8M | 1,288,461 | 0.4% | 10 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $180.6M | 864,011 | 0.4% | 10 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $180.3M | 282,305 | 0.4% | 10 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $179.2M | 508,191 | 0.4% | 10 |
| OCCIDENTAL PETE CORP | [OXY](https://holderbook.com/stocks/OXY/) | $174.2M | 3,587,419 | 0.3% | 10 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $170.2M | 498,959 | 0.3% | 10 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $164.4M | 413,411 | 0.3% | 10 |
| TECHNIPFMC PLC | [FTI](https://holderbook.com/stocks/FTI/) | $163.8M | 2,470,922 | 0.3% | 7 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $161.2M | 1,028,751 | 0.3% | 10 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $159.8M | 568,252 | 0.3% | 10 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $159.2M | 1,175,464 | 0.3% | 10 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $149.3M | 1,617,780 | 0.3% | 10 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $147.3M | 661,098 | 0.3% | 10 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $146.3M | 404,031 | 0.3% | 10 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $141.7M | 296,647 | 0.3% | 10 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $140.5M | 1,699,994 | 0.3% | 10 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $140.1M | 824,943 | 0.3% | 7 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $136.3M | 1,552,413 | 0.3% | 10 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $133.8M | 336,969 | 0.3% | 10 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $131.4M | 2,825,743 | 0.3% | 10 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $130.7M | 3,088,043 | 0.3% | 10 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $129.3M | 475,278 | 0.3% | 10 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $129.1M | 381,712 | 0.3% | 10 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $128.3M | 169,787 | 0.3% | 10 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $127.6M | 499,695 | 0.3% | 10 |
| HOWMET AEROSPACE INC | [HWM](https://holderbook.com/stocks/HWM/) | $126.9M | 471,853 | 0.3% | 10 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $124.4M | 128,935 | 0.2% | 10 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $121.1M | 326,743 | 0.2% | 10 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $120.8M | 240,911 | 0.2% | 10 |
| HCA HEALTHCARE INC | [HCA](https://holderbook.com/stocks/HCA/) | $116.9M | 299,722 | 0.2% | 10 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $114.4M | 619,098 | 0.2% | 10 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $110.9M | 260,278 | 0.2% | 10 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $110.8M | 153,812 | 0.2% | 10 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $106.3M | 1,104,344 | 0.2% | 10 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $106.2M | 840,400 | 0.2% | 10 |
| ALLSTATE CORP | [ALL](https://holderbook.com/stocks/ALL/) | $105.2M | 442,190 | 0.2% | 10 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $105.2M | 137,856 | 0.2% | 10 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $104.0M | 686,583 | 0.2% | 10 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $102.0M | 207,737 | 0.2% | 10 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $99.8M | 369,319 | 0.2% | 10 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $99.0M | 453,363 | 0.2% | 10 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $98.4M | 4,754,038 | 0.2% | 10 |
| AUTODESK INC | [ADSK](https://holderbook.com/stocks/ADSK/) | $96.3M | 495,240 | 0.2% | 10 |
| EQUINIX INC | [EQIX](https://holderbook.com/stocks/EQIX/) | $96.2M | 92,279 | 0.2% | 10 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $94.8M | 954,997 | 0.2% | 10 |
| WELLTOWER INC | [WELL](https://holderbook.com/stocks/WELL/) | $94.7M | 417,137 | 0.2% | 10 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $94.7M | 132,744 | 0.2% | 10 |
| ISHARES INC | [EWZ](https://holderbook.com/stocks/EWZ/) | $93.7M | 0 | 0.2% | 2 |
| MONSTER BEVERAGE CORP NEW | [MNST](https://holderbook.com/stocks/MNST/) | $92.9M | 966,924 | 0.2% | 10 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $92.8M | 993,564 | 0.2% | 10 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $92.1M | 890,499 | 0.2% | 10 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $91.9M | 93,944 | 0.2% | 10 |
| GENERAL MTRS CO | [GM](https://holderbook.com/stocks/GM/) | $90.8M | 1,177,637 | 0.2% | 10 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $90.8M | 669,946 | 0.2% | 10 |

## 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 |
|---|---|---|---|---|
| Q2 2026 | +16.1% | +14.8% | +1.3% | 100% |
| Q1 2026 | -6.0% | -4.6% | -1.3% | 100% |
| Q4 2025 | +2.5% | +2.4% | +0.1% | 100% |
| Q3 2025 | +7.9% | +7.8% | +0.1% | 100% |
| Q2 2025 | +11.2% | +10.5% | +0.8% | 100% |
| Q1 2025 | -5.4% | -4.6% | -0.8% | 100% |
| Q4 2024 | +2.7% | +2.1% | +0.5% | 100% |
| Q3 2024 | +5.2% | +5.4% | -0.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $50.6B | 1,147 |
| Q1 2026 | $41.5B | 1,171 |
| Q4 2025 | $43.0B | 1,557 |
| Q3 2025 | $40.2B | 1,478 |
| Q2 2025 | $40.3B | 1,510 |
| Q1 2025 | $32.7B | 1,360 |
| Q4 2024 | $33.4B | 1,395 |
| Q3 2024 | $30.0B | 1,594 |
| Q2 2024 | $27.1B | 1,130 |
| Q1 2024 | $31.9B | 1,030 |