# Swedbank AB

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 946431. Source: https://holderbook.com/funds/946431-swedbank-ab/

- Reported value: $116.0B
- Positions: 696
- Weight of the ten largest: 37.3%
- Filed: 2026-07-15

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/) | $8.7B | 43,524,689 | 7.5% | 21 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $5.9B | 20,218,567 | 5.0% | 21 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $5.5B | 14,862,365 | 4.8% | 21 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $5.0B | 13,167,178 | 4.3% | 21 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $3.9B | 16,501,189 | 3.4% | 21 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $3.4B | 9,653,251 | 3.0% | 21 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $3.4B | 9,692,953 | 3.0% | 21 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $2.7B | 2,378,237 | 2.4% | 21 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $2.5B | 4,243,802 | 2.1% | 21 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $2.1B | 1,781,310 | 1.8% | 21 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $2.1B | 2,893,202 | 1.8% | 21 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $2.0B | 4,649,445 | 1.7% | 6 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $1.7B | 5,509,989 | 1.4% | 21 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.6B | 2,830,596 | 1.4% | 21 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.5B | 4,691,775 | 1.3% | 21 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $1.5B | 3,816,937 | 1.3% | 21 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $1.4B | 10,059,526 | 1.2% | 21 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $1.1B | 6,315,009 | 0.9% | 6 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $964.6M | 7,120,122 | 0.8% | 21 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $920.5M | 3,624,513 | 0.8% | 21 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $882.4M | 2,571,840 | 0.8% | 21 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $862.4M | 7,342,446 | 0.7% | 21 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $843.5M | 4,784,087 | 0.7% | 13 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $827.4M | 2,426,137 | 0.7% | 21 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $818.5M | 1,593,645 | 0.7% | 21 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $817.3M | 6,360,649 | 0.7% | 21 |
| CADENCE DESIGN SYSTEM INC | [CDNS](https://holderbook.com/stocks/CDNS/) | $812.6M | 2,165,074 | 0.7% | 21 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $793.3M | 822,103 | 0.7% | 20 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $785.4M | 5,624,892 | 0.7% | 21 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $757.0M | 13,284,542 | 0.7% | 21 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $719.7M | 1,731,505 | 0.6% | 21 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $696.1M | 1,973,831 | 0.6% | 21 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $687.0M | 1,438,520 | 0.6% | 21 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $663.0M | 2,634,628 | 0.6% | 21 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $651.1M | 1,298,760 | 0.6% | 21 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $617.7M | 2,771,422 | 0.5% | 21 |
| SPOTIFY TECHNOLOGY S A | [SPOT](https://holderbook.com/stocks/SPOT/) | $608.8M | 1,326,020 | 0.5% | 21 |
| SPACE EXPLORATION TECHN CORP | [SPCX](https://holderbook.com/stocks/SPCX/) | $608.5M | 3,561,427 | 0.5% | 1 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $603.9M | 1,206,866 | 0.5% | 21 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $601.9M | 643,428 | 0.5% | 21 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $601.8M | 6,061,895 | 0.5% | 21 |
| ROYALTY PHARMA PLC | [RPRX](https://holderbook.com/stocks/RPRX/) | $601.4M | 10,726,608 | 0.5% | 20 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $599.8M | 793,743 | 0.5% | 21 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $542.4M | 7,596,314 | 0.5% | 21 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $537.1M | 3,496,346 | 0.5% | 21 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $522.1M | 3,647,409 | 0.5% | 21 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $518.9M | 999,975 | 0.4% | 8 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $509.5M | 3,476,321 | 0.4% | 21 |
| MOTOROLA SOLUTIONS INC | [MSI](https://holderbook.com/stocks/MSI/) | $496.9M | 1,196,554 | 0.4% | 19 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $478.6M | 3,887,946 | 0.4% | 21 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $478.4M | 2,588,871 | 0.4% | 21 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $475.7M | 4,076,893 | 0.4% | 6 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $475.0M | 967,025 | 0.4% | 21 |
| SNOWFLAKE INC | [SNOW](https://holderbook.com/stocks/SNOW/) | $472.7M | 1,857,456 | 0.4% | 21 |
| XYLEM INC | [XYL](https://holderbook.com/stocks/XYL/) | $468.2M | 3,960,515 | 0.4% | 21 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $461.8M | 1,657,418 | 0.4% | 21 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $451.6M | 3,986,883 | 0.4% | 21 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $444.2M | 1,491,227 | 0.4% | 20 |
| ASTRAZENECA PLC | [AZN](https://holderbook.com/stocks/AZN/) | $425.1M | 2,241,677 | 0.4% | 2 |
| CBRE GROUP INC | [CBRE](https://holderbook.com/stocks/CBRE/) | $400.5M | 2,973,762 | 0.3% | 21 |
| AUTOLIV INC | [ALV](https://holderbook.com/stocks/ALV/) | $394.0M | 3,391,457 | 0.3% | 9 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $393.3M | 334,726 | 0.3% | 8 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $379.0M | 387,521 | 0.3% | 21 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $377.1M | 523,689 | 0.3% | 19 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $360.1M | 356,052 | 0.3% | 21 |
| OKTA INC | [OKTA](https://holderbook.com/stocks/OKTA/) | $350.9M | 2,571,276 | 0.3% | 21 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $335.2M | 823,025 | 0.3% | 21 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $331.5M | 778,055 | 0.3% | 8 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $330.0M | 7,793,558 | 0.3% | 21 |
| ALLSTATE CORP | [ALL](https://holderbook.com/stocks/ALL/) | $323.0M | 1,357,369 | 0.3% | 21 |
| SERVICE CORP INTL | [SCI](https://holderbook.com/stocks/SCI/) | $313.5M | 4,127,575 | 0.3% | 21 |
| CREDO TECHNOLOGY GROUP HOLDI | [CRDO](https://holderbook.com/stocks/CRDO/) | $304.0M | 1,117,846 | 0.3% | 8 |
| SS&C TECH HLDGS | [SSNC](https://holderbook.com/stocks/SSNC/) | $301.7M | 4,862,933 | 0.3% | 21 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $301.7M | 3,290,718 | 0.3% | 21 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $290.7M | 1,075,354 | 0.3% | 21 |
| LUMENTUM HLDGS INC | [LITE](https://holderbook.com/stocks/LITE/) | $288.9M | 336,659 | 0.2% | 4 |
| CROWN HLDGS INC | [CCK](https://holderbook.com/stocks/CCK/) | $284.7M | 2,545,883 | 0.2% | 21 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $281.1M | 668,404 | 0.2% | 21 |
| BENTLEY SYS INC | [BSY](https://holderbook.com/stocks/BSY/) | $269.0M | 9,000,000 | 0.2% | 18 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $258.1M | 1,759,939 | 0.2% | 21 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $255.6M | 908,811 | 0.2% | 21 |
| RESMED INC | [RMD](https://holderbook.com/stocks/RMD/) | $248.5M | 1,274,897 | 0.2% | 21 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $240.4M | 1,903,177 | 0.2% | 21 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $237.5M | 2,295,831 | 0.2% | 21 |
| KEYSIGHT TECHNOLOGIES INC | [KEYS](https://holderbook.com/stocks/KEYS/) | $236.8M | 676,318 | 0.2% | 21 |
| ULTA BEAUTY INC | [ULTA](https://holderbook.com/stocks/ULTA/) | $233.5M | 517,865 | 0.2% | 21 |
| JAZZ PHARMACEUTICALS PLC | [JAZZ](https://holderbook.com/stocks/JAZZ/) | $233.3M | 968,092 | 0.2% | 8 |
| GLOBE LIFE INC | [GL](https://holderbook.com/stocks/GL/) | $232.5M | 1,301,300 | 0.2% | 6 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $229.1M | 215,096 | 0.2% | 21 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $228.0M | 573,433 | 0.2% | 21 |
| RAMBUS INC DEL | [RMBS](https://holderbook.com/stocks/RMBS/) | $218.6M | 1,646,500 | 0.2% | 13 |
| MARSH & MCLENNAN COS INC | [MRSH](https://holderbook.com/stocks/MRSH/) | $216.9M | 1,301,456 | 0.2% | 21 |
| CLOUDFLARE INC | [NET](https://holderbook.com/stocks/NET/) | $216.2M | 881,457 | 0.2% | 21 |
| METLIFE INC | [MET](https://holderbook.com/stocks/MET/) | $211.3M | 2,496,829 | 0.2% | 21 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $210.5M | 563,356 | 0.2% | 19 |
| MANHATTAN ASSOCIATES INC | [MANH](https://holderbook.com/stocks/MANH/) | $208.9M | 1,500,000 | 0.2% | 11 |
| CORTEVA INC | [CTVA](https://holderbook.com/stocks/CTVA/) | $201.2M | 2,375,677 | 0.2% | 21 |
| DATADOG INC | [DDOG](https://holderbook.com/stocks/DDOG/) | $198.8M | 763,684 | 0.2% | 21 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $197.5M | 903,899 | 0.2% | 21 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $195.5M | 2,405,135 | 0.2% | 21 |

## 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 | +19.1% | +14.8% | +4.3% | 100% |
| Q1 2026 | -6.1% | -4.6% | -1.5% | 100% |
| Q4 2025 | +2.5% | +2.4% | +0.2% | 100% |
| Q3 2025 | +8.1% | +7.8% | +0.2% | 100% |
| Q1 2025 | -6.9% | -4.6% | -2.4% | 100% |
| Q4 2024 | +2.2% | +2.1% | +0.1% | 100% |
| Q3 2024 | +4.7% | +5.4% | -0.8% | 100% |
| Q2 2024 | +4.0% | +4.0% | -0.1% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $116.0B | 696 |
| Q1 2026 | $95.1B | 684 |
| Q4 2025 | $103.4B | 681 |
| Q3 2025 | $98.7B | 669 |
| Q2 2025 | $89.0B | 668 |
| Q4 2024 | $81.3B | 692 |
| Q3 2024 | $78.5B | 687 |
| Q2 2024 | $74.8B | 697 |
| Q1 2024 | $70.8B | 707 |
| Q4 2023 | $62.1B | 698 |
| Q3 2023 | $57.7B | 701 |
| Q2 2023 | $59.0B | 701 |