Nordea Investment Management AB
STOCKHOLM, V7
$122.6bn in 921 US stocks at the end of 30 June 2026. The top 10 are 31.8% of the money. It changed about 12.5% of the portfolio this quarter.
Value
$122.6bn
Stocks
921
Top 10 share
31.8%
Turnover
12.5%
What changed this quarter
New
Bought for the first time this quarter.
- Core & MainCNM<0.1% of the fund
- ARM HoldingsARM<0.1% of the fund
- CarnivalCCL<0.1% of the fund
- ASE Technology HldgASX<0.1% of the fund
- AESAES<0.1% of the fund
- Bright Horizons Family SolutionsBFAM<0.1% of the fund
- PhreesiaPHR<0.1% of the fund
- RTXRTX<0.1% of the fund
- Lamb Weston HoldingsLW<0.1% of the fund
- Dynex CapitalDX<0.1% of the fund
- RalliantRAL<0.1% of the fund
- Space Exploration TechnologiesSPCX<0.1% of the fund
- NavientNAVI<0.1% of the fund
- Fortrea HoldingsFTRE<0.1% of the fund
- Thor IndustriesTHO<0.1% of the fund
- VersigentVGNT<0.1% of the fund
- GrindrGRND<0.1% of the fund
- Viavi SolutionsVIAV<0.1% of the fund
- New York TimesNYT<0.1% of the fund
- ViatrisVTRS<0.1% of the fund
- HarmonicHLIT<0.1% of the fund
- GXO LogisticsGXO<0.1% of the fund
- JBSJBS<0.1% of the fund
- California Water Service GroupCWT<0.1% of the fund
- XPOXPO<0.1% of the fund
Added
Bought more of a stock they already held.
- Meta PlatformsMETA1.1% of the fund+8%
- Johnson & JohnsonJNJ1.0% of the fund+7%
- AbbVieABBV1.0% of the fund+10%
- GE VernovaGEV0.8% of the fund+29%
- American ExpressAXP0.7% of the fund+3%
- NetflixNFLX0.6% of the fund+5%
- CrowdStrike HoldingsCRWD0.5% of the fund+3%
- IntelINTC0.5% of the fund+328%
- EquinixEQIX0.5% of the fund+10%
- ExelonEXC0.5% of the fund+29%
- Rockwell AutomationROK0.5% of the fund+27%
- Hartford Insurance GroupHIG0.5% of the fund+3%
- United Parcel ServiceUPS0.4% of the fund+9%
- WelltowerWELL0.4% of the fund+3%
- ZoetisZTS0.4% of the fund+12%
- ServiceNowNOW0.4% of the fund+18%
- Bristol-Myers SquibbBMY0.4% of the fund+296%
- TeslaTSLA0.4% of the fund+3%
- Ingersoll RandIR0.4% of the fund+225%
- Charles SchwabSCHW0.4% of the fund+28%
- MetLifeMET0.3% of the fund+5%
- KrogerKR0.3% of the fund+18%
- Cigna GroupCI0.3% of the fund+16%
- PentairPNR0.3% of the fund+35%
- General MillsGIS0.3% of the fund+7%
Cut
Sold some of their stake.
- BroadcomAVGO2.9% of the fund-5%
- Amazon.comAMZN2.9% of the fund-3%
- Micron TechnologyMU1.8% of the fund-2%
- Lam ResearchLRCX1.7% of the fund-20%
- Advanced Micro DevicesAMD1.5% of the fund-26%
- Cisco SystemsCSCO1.4% of the fund-12%
- Applied MaterialsAMAT1.2% of the fund-2%
- MastercardMA0.9% of the fund-9%
- Trane TechnologiesTT0.8% of the fund-23%
- Westinghouse Air Brake TechnologiesWAB0.7% of the fund-13%
- AmgenAMGN0.7% of the fund-11%
- Marvell TechnologyMRVL0.6% of the fund-23%
- Emerson ElectricEMR0.6% of the fund-13%
- Waste ManagementWM0.5% of the fund-15%
- eBayEBAY0.5% of the fund-11%
- Gilead SciencesGILD0.5% of the fund-2%
- Arista NetworksANET0.5% of the fund-15%
- LindeLIN0.5% of the fund-43%
- NextEra EnergyNEE0.4% of the fund-18%
- NewmontNEM0.4% of the fund-5%
- Palo Alto NetworksPANW0.4% of the fund-37%
- MerckMRK0.4% of the fund-59%
- Verizon CommunicationsVZ0.4% of the fund-4%
- Royal Caribbean CruisesRCL0.3% of the fund-6%
- CognexCGNX0.3% of the fund-5%
Sold out
Sold their entire stake.
- Topbuild COR-100%
- FastlyFSLY-100%
- Carnival-100%
- Southwest AirlinesLUV-100%
- DraftKingsDKNG-100%
- SPS CommerceSPSC-100%
- MarzettiMZTI-100%
- Ziff DavisZD-100%
- Healthcare Realty TrustHR-100%
- WD 40WDFC-100%
- AramarkARMK-100%
- Caesars EntertainmentCZR-100%
- Wynn ResortsWYNN-100%
- Vail ResortsMTN-100%
- Taylor Morrison Home-100%
- Brandywine Realty TrustBDN-100%
- Full Truck AllianceYMM-100%
- RevvityRVTY-100%
- La-Z-BoyLZB-100%
- AvistaAVA-100%
- Rexford Industrial RealtyREXR-100%
- US Foods HoldingUSFD-100%
- DT MidstreamDTM-100%
- Gibraltar IndustriesROCK-100%
- Fiverr InternationalFVRR-100%
Holdings
- GFL EnvironmentalGFL
- Share
- 0.3%
- Value
- $380m
- Shares
- 10,483,301
+27%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| NvidiaNVDA | 6.4% | $7.9bn | 39,844,770 | Held |
| AppleAAPL | 5.4% | $6.6bn | 23,171,514 | Held |
| MicrosoftMSFT | 4.0% | $5.0bn | 13,417,667 | Held |
| BroadcomAVGO | 2.9% | $3.6bn | 9,596,088 | -5% |
| Amazon.comAMZN | 2.9% | $3.5bn | 14,792,443 | -3% |
| AlphabetGOOGL | 2.6% | $3.2bn | 8,898,867 | Held |
| AlphabetGOOG | 2.5% | $3.1bn | 8,841,020 | Held |
| Micron TechnologyMU | 1.8% | $2.2bn | 1,912,747 | -2% |
| Lam ResearchLRCX | 1.7% | $2.1bn | 4,966,479 | -20% |
| Advanced Micro DevicesAMD | 1.5% | $1.8bn | 3,200,884 | -26% |
| Eli LillyLLY | 1.5% | $1.8bn | 1,477,275 | Held |
| Cisco SystemsCSCO | 1.4% | $1.7bn | 14,458,602 | -12% |
| Applied MaterialsAMAT | 1.2% | $1.5bn | 1,999,444 | -2% |
| Meta PlatformsMETA | 1.1% | $1.4bn | 2,458,915 | +8% |
| Johnson & JohnsonJNJ | 1.0% | $1.3bn | 5,024,318 | +7% |
| JPMorgan ChaseJPM | 1.0% | $1.2bn | 3,708,233 | Held |
| AbbVieABBV | 1.0% | $1.2bn | 4,805,342 | +10% |
| CitigroupC | 0.9% | $1.2bn | 8,246,368 | Held |
| TJX CompaniesTJX | 0.9% | $1.1bn | 7,223,350 | Held |
| MastercardMA | 0.9% | $1.1bn | 2,064,271 | -9% |
| FortinetFTNT | 0.8% | $1.0bn | 6,782,111 | Held |
| Trane TechnologiesTT | 0.8% | $993m | 2,016,899 | -23% |
| GE VernovaGEV | 0.8% | $928m | 818,878 | +29% |
| Dell TechnologiesDELL | 0.8% | $926m | 2,153,604 | Held |
| American ExpressAXP | 0.7% | $890m | 2,610,019 | +3% |
| Westinghouse Air Brake TechnologiesWAB | 0.7% | $836m | 3,093,207 | -13% |
| VisaV | 0.7% | $829m | 2,419,503 | Held |
| AmgenAMGN | 0.7% | $802m | 2,239,516 | -11% |
| Marvell TechnologyMRVL | 0.6% | $780m | 2,650,874 | -23% |
| MckessonMCK | 0.6% | $753m | 1,004,498 | Held |
| NetflixNFLX | 0.6% | $750m | 10,382,920 | +5% |
| Emerson ElectricEMR | 0.6% | $746m | 5,207,019 | -13% |
| CrowdStrike HoldingsCRWD | 0.5% | $668m | 883,863 | +3% |
| Waste ManagementWM | 0.5% | $657m | 2,957,041 | -15% |
| eBayEBAY | 0.5% | $655m | 5,945,915 | -11% |
| IntelINTC | 0.5% | $654m | 4,764,682 | +328% |
| Gilead SciencesGILD | 0.5% | $648m | 5,152,239 | -2% |
| EquinixEQIX | 0.5% | $629m | 598,929 | +10% |
| ExelonEXC | 0.5% | $619m | 13,226,544 | +29% |
| Rockwell AutomationROK | 0.5% | $608m | 1,235,953 | +27% |
| Hartford Insurance GroupHIG | 0.5% | $606m | 4,541,062 | +3% |
| Arista NetworksANET | 0.5% | $581m | 3,444,227 | -15% |
| LindeLIN | 0.5% | $562m | 1,085,305 | -43% |
| Snap-onSNA | 0.5% | $558m | 1,393,421 | Held |
| HCA HealthcareHCA | 0.5% | $554m | 1,429,943 | Held |
| NextEra EnergyNEE | 0.4% | $539m | 6,140,594 | -18% |
| Steel DynamicsSTLD | 0.4% | $520m | 2,249,235 | Held |
| Wells Fargo & CompanyWFC | 0.4% | $509m | 6,112,176 | Held |
| Citizens Financial GroupCFG | 0.4% | $509m | 7,260,023 | Held |
| United Parcel ServiceUPS | 0.4% | $502m | 4,718,165 | +9% |
| EcolabECL | 0.4% | $499m | 1,792,656 | Held |
| State StreetSTT | 0.4% | $483m | 2,844,675 | Held |
| WelltowerWELL | 0.4% | $480m | 2,099,648 | +3% |
| ZoetisZTS | 0.4% | $472m | 6,592,578 | +12% |
| ServiceNowNOW | 0.4% | $463m | 4,753,633 | +18% |
| Bristol-Myers SquibbBMY | 0.4% | $463m | 8,052,294 | +296% |
| TeslaTSLA | 0.4% | $460m | 1,109,755 | +3% |
| NewmontNEM | 0.4% | $456m | 4,924,995 | -5% |
| Palo Alto NetworksPANW | 0.4% | $452m | 1,344,016 | -37% |
| MerckMRK | 0.4% | $445m | 3,503,750 | -59% |
| Ingersoll RandIR | 0.4% | $445m | 5,455,360 | +225% |
| NucorNUE | 0.4% | $439m | 1,972,960 | Held |
| Charles SchwabSCHW | 0.4% | $437m | 4,704,530 | +28% |
| Verizon CommunicationsVZ | 0.4% | $433m | 10,267,871 | -4% |
| MetLifeMET | 0.3% | $429m | 5,036,410 | +5% |
| Royal Caribbean CruisesRCL | 0.3% | $421m | 1,324,110 | -6% |
| IdexIEX | 0.3% | $419m | 1,842,144 | Held |
| KrogerKR | 0.3% | $414m | 7,495,314 | +18% |
| Synchrony FinancialSYF | 0.3% | $411m | 5,303,927 | Held |
| Cigna GroupCI | 0.3% | $410m | 1,476,499 | +16% |
| CognexCGNX | 0.3% | $407m | 5,820,165 | -5% |
| CintasCTAS | 0.3% | $405m | 2,403,360 | -13% |
| PentairPNR | 0.3% | $402m | 5,284,291 | +35% |
| General MillsGIS | 0.3% | $402m | 11,315,097 | +7% |
| PepsiCoPEP | 0.3% | $401m | 2,934,401 | Held |
| Kraft HeinzKHC | 0.3% | $399m | 16,565,504 | +8% |
| General ElectricGE | 0.3% | $392m | 1,051,073 | +27% |
| TE ConnectivityTEL | 0.3% | $381m | 1,891,120 | Held |
| GFL EnvironmentalGFL | 0.3% | $380m | 10,483,301 | +27% |
| Coca-ColaKO | 0.3% | $379m | 4,627,812 | -15% |
| CencoraCOR | 0.3% | $376m | 1,341,795 | +2% |
| SalesforceCRM | 0.3% | $359m | 2,317,121 | Held |
| Dollar GeneralDG | 0.3% | $358m | 3,093,004 | +89% |
| American TowerAMT | 0.3% | $355m | 2,170,273 | +6% |
| Johnson Controls InternationalJCI | 0.3% | $355m | 2,432,111 | Held |
| Kimberly-ClarkKMB | 0.3% | $352m | 3,234,636 | +10% |
| TargetTGT | 0.3% | $350m | 2,676,121 | +4% |
| KLAKLAC | 0.3% | $326m | 1,103,974 | -27% |
| EMCOR GroupEME | 0.3% | $323m | 393,220 | Held |
| WalmartWMT | 0.3% | $322m | 2,826,124 | +4% |
| Agilent TechnologiesA | 0.3% | $311m | 2,367,726 | Held |
| Cardinal HealthCAH | 0.3% | $309m | 1,297,534 | +96% |
| Constellation EnergyCEG | 0.2% | $303m | 1,193,655 | -5% |
| CumminsCMI | 0.2% | $297m | 419,251 | +8% |
| Western DigitalWDC | 0.2% | $295m | 455,363 | +20% |
| Regal RexnordRRX | 0.2% | $294m | 1,288,585 | +10% |
| Uber TechnologiesUBER | 0.2% | $285m | 3,875,033 | +24% |
| Booking HoldingsBKNG | 0.2% | $285m | 1,576,176 | -40% |
| CaterpillarCAT | 0.2% | $283m | 264,718 | -3% |
| Zebra TechnologiesZBRA | 0.2% | $277m | 1,083,302 | -46% |
Showing the largest 100 of 921.
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 13.8% since 30 June 2025.
Where the money is
Technology36.9%
Industrials12.5%
Health care11.2%
Financial services10.9%
Media & telecom8.2%
Retail & consumer7.1%
Everyday goods4.3%
Materials3.2%
Utilities2.7%
Real estate1.8%
Energy0.9%
Other0.5%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.