PensionDanmark Pensionsforsikringsaktieselskab
COPENHAGEN O, G7
$12.0bn in 590 US stocks at the end of 30 June 2026. The top 10 are 37.4% of the money. It changed about 10.2% of the portfolio this quarter.
Value
$12.0bn
Stocks
590
Top 10 share
37.4%
Turnover
10.2%
What changed this quarter
New
Bought for the first time this quarter.
- Honeywell InternationalHON0.1% of the fund
- Honeywell AerospaceHONA0.1% of the fund
- Thomson Reuters Corp /canTRI<0.1% of the fund
- OvintivOVV<0.1% of the fund
- AST SpaceMobileASTS<0.1% of the fund
- DuPont de NemoursDD<0.1% of the fund
- FedEx Freight Holding CompanyFDXF<0.1% of the fund
- UGIUGI<0.1% of the fund
- SynapticsSYNA<0.1% of the fund
- Revolution MedicinesRVMD<0.1% of the fund
- Caseys General StoresCASY<0.1% of the fund
- QuantinuumQNT<0.1% of the fund
- Cerebras SystemsCBRS<0.1% of the fund
- Match GroupMTCH<0.1% of the fund
- Nine Energy ServiceNINE<0.1% of the fund
- Futu HldgsFUTU<0.1% of the fund
- DynatraceDT<0.1% of the fund
- Circle Internet GroupCRCL<0.1% of the fund
Added
Bought more of a stock they already held.
- MicrosoftMSFT4.4% of the fund+4%
- Amazon.comAMZN3.8% of the fund+3%
- Micron TechnologyMU2.1% of the fund+3%
- Eli LillyLLY1.5% of the fund+8%
- Applied MaterialsAMAT1.1% of the fund+7%
- Berkshire HathawayBRK-B1.0% of the fund+7%
- Johnson & JohnsonJNJ1.0% of the fund+3%
- Lam ResearchLRCX1.0% of the fund+5%
- IntelINTC0.9% of the fund+6%
- Cisco SystemsCSCO0.7% of the fund+16%
- Bank of AmericaBAC0.7% of the fund+8%
- KLAKLAC0.7% of the fund+10%
- AbbVieABBV0.7% of the fund+7%
- General ElectricGE0.7% of the fund+9%
- Costco WholesaleCOST0.7% of the fund+7%
- UnitedHealth GroupUNH0.6% of the fund+13%
- ChevronCVX0.6% of the fund+12%
- Goldman Sachs GroupGS0.6% of the fund+14%
- Procter & GamblePG0.6% of the fund+7%
- Coca-ColaKO0.5% of the fund+16%
- GE VernovaGEV0.5% of the fund+4%
- RTXRTX0.5% of the fund+10%
- MerckMRK0.5% of the fund+13%
- CitigroupC0.5% of the fund+3%
- Morgan StanleyMS0.5% of the fund+4%
Cut
Sold some of their stake.
- AlphabetGOOG3.0% of the fund-3%
- Meta PlatformsMETA2.0% of the fund-4%
- Advanced Micro DevicesAMD1.5% of the fund-2%
- MastercardMA0.7% of the fund-15%
- NetflixNFLX0.5% of the fund-8%
- Texas InstrumentsTXN0.4% of the fund-4%
- Western DigitalWDC0.4% of the fund-3%
- QualcommQCOM0.3% of the fund-7%
- Thermo Fisher ScientificTMO0.3% of the fund-5%
- McDonald'sMCD0.3% of the fund-9%
- CrowdStrike HoldingsCRWD0.3% of the fund-9%
- Walt DisneyDIS0.2% of the fund-2%
- Uber TechnologiesUBER0.2% of the fund-43%
- Union PacificUNP0.2% of the fund-5%
- ServiceNowNOW0.2% of the fund-8%
- ShopifySHOP0.2% of the fund-28%
- Elevance HealthELV0.2% of the fund-21%
- Freeport-McMoRanFCX0.2% of the fund-19%
- AppLovinAPP0.2% of the fund-29%
- MercadoLibreMELI0.2% of the fund-50%
- Marsh & McLennan CompaniesMRSH0.1% of the fund-3%
- AirbnbABNB0.1% of the fund-25%
- Comfort Systems USAFIX0.1% of the fund-26%
- DatadogDDOG0.1% of the fund-29%
- Monster BeverageMNST0.1% of the fund-20%
Sold out
Sold their entire stake.
- CoupangCPNG-100%
- Ensign GroupENSG-100%
- Petrobras - Petroleo Brasileiro SAPBR-100%
- TKO Group HoldingsTKO-100%
- Trip COM GroupTCOM-100%
- BaiduBIDU-100%
- Advanced Drainage SystemsWMS-100%
- QXOQXO-100%
- Medpace HoldingsMEDP-100%
- BrunswickBC-100%
- GoDaddyGDDY-100%
- Paycom SoftwarePAYC-100%
- Taiwan Semiconductor ManufacturingTSM-100%
- Dutch BrosBROS-100%
- Icici BankIBN-100%
- SnapSNAP-100%
- Coterra EnergyCTRA-100%
- Serve RoboticsSERV-100%
- Enphase EnergyENPH-100%
- KanzhunBZ-100%
- TidewaterTDW-100%
- WillScot HoldingsWSC-100%
- RokuROKU-100%
- Equitable HoldingsEQH-100%
- SolventumSOLV-100%
Holdings
- Royal Bank of CanadaRY
- Share
- 0.3%
- Value
- $34m
- Shares
- 162,096
+14%
- Toronto Dominion BankTD
- Share
- 0.2%
- Value
- $29m
- Shares
- 240,904
+10%
- Canadian Imperial Bank of Commerce /canCM
- Share
- 0.2%
- Value
- $26m
- Shares
- 222,010
+9%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| NvidiaNVDA | 7.7% | $928m | 4,638,748 | Held |
| AppleAAPL | 7.0% | $840m | 2,902,190 | Held |
| MicrosoftMSFT | 4.4% | $529m | 1,419,491 | +4% |
| Amazon.comAMZN | 3.8% | $453m | 1,901,634 | +3% |
| AlphabetGOOGL | 3.2% | $381m | 1,065,521 | Held |
| AlphabetGOOG | 3.0% | $366m | 1,034,533 | -3% |
| BroadcomAVGO | 2.7% | $327m | 865,698 | Held |
| Micron TechnologyMU | 2.1% | $252m | 218,417 | +3% |
| Meta PlatformsMETA | 2.0% | $245m | 434,173 | -4% |
| Advanced Micro DevicesAMD | 1.5% | $183m | 315,846 | -2% |
| JPMorgan ChaseJPM | 1.5% | $180m | 550,820 | Held |
| Eli LillyLLY | 1.5% | $179m | 149,389 | +8% |
| Applied MaterialsAMAT | 1.1% | $131m | 181,875 | +7% |
| Berkshire HathawayBRK-B | 1.0% | $121m | 241,432 | +7% |
| Johnson & JohnsonJNJ | 1.0% | $117m | 461,491 | +3% |
| Lam ResearchLRCX | 1.0% | $116m | 268,636 | +5% |
| IntelINTC | 0.9% | $109m | 782,422 | +6% |
| VisaV | 0.9% | $107m | 311,868 | Held |
| Cisco SystemsCSCO | 0.7% | $89m | 754,963 | +16% |
| Bank of AmericaBAC | 0.7% | $86m | 1,517,136 | +8% |
| KLAKLAC | 0.7% | $86m | 286,464 | +10% |
| AbbVieABBV | 0.7% | $85m | 339,179 | +7% |
| MastercardMA | 0.7% | $85m | 164,539 | -15% |
| General ElectricGE | 0.7% | $84m | 223,915 | +9% |
| Costco WholesaleCOST | 0.7% | $83m | 88,952 | +7% |
| UnitedHealth GroupUNH | 0.6% | $78m | 187,803 | +13% |
| ChevronCVX | 0.6% | $74m | 448,547 | +12% |
| Goldman Sachs GroupGS | 0.6% | $68m | 67,320 | +14% |
| Procter & GamblePG | 0.6% | $67m | 458,585 | +7% |
| Coca-ColaKO | 0.5% | $66m | 806,075 | +16% |
| GE VernovaGEV | 0.5% | $65m | 55,711 | +4% |
| RTXRTX | 0.5% | $61m | 321,443 | +10% |
| NetflixNFLX | 0.5% | $61m | 851,335 | -8% |
| MerckMRK | 0.5% | $59m | 462,927 | +13% |
| CitigroupC | 0.5% | $59m | 424,914 | +3% |
| Morgan StanleyMS | 0.5% | $56m | 266,962 | +4% |
| Home DepotHD | 0.5% | $54m | 153,764 | +13% |
| International Business MachinesIBM | 0.4% | $53m | 186,873 | +13% |
| Wells Fargo & CompanyWFC | 0.4% | $51m | 616,574 | +11% |
| Texas InstrumentsTXN | 0.4% | $49m | 165,824 | -4% |
| Palantir TechnologiesPLTR | 0.4% | $49m | 417,348 | +4% |
| AmphenolAPH | 0.4% | $48m | 273,788 | +8% |
| Marvell TechnologyMRVL | 0.4% | $48m | 161,134 | +10% |
| OracleORCL | 0.4% | $46m | 313,584 | +9% |
| PepsiCoPEP | 0.4% | $46m | 337,497 | +9% |
| Western DigitalWDC | 0.4% | $45m | 70,556 | -3% |
| CorningGLW | 0.4% | $45m | 175,776 | +11% |
| Palo Alto NetworksPANW | 0.4% | $42m | 123,850 | +27% |
| AmgenAMGN | 0.3% | $39m | 108,300 | +12% |
| Booking HoldingsBKNG | 0.3% | $39m | 217,143 | +8% |
| QualcommQCOM | 0.3% | $38m | 206,011 | -7% |
| Arista NetworksANET | 0.3% | $38m | 223,777 | +6% |
| TJX CompaniesTJX | 0.3% | $38m | 250,757 | +12% |
| Analog DevicesADI | 0.3% | $38m | 95,519 | +8% |
| American ExpressAXP | 0.3% | $36m | 106,801 | +11% |
| Thermo Fisher ScientificTMO | 0.3% | $34m | 68,031 | -5% |
| McDonald'sMCD | 0.3% | $34m | 124,355 | -9% |
| Royal Bank of CanadaRY | 0.3% | $34m | 162,096 | +14% |
| Dominion EnergyD | 0.3% | $33m | 479,440 | +299% |
| CrowdStrike HoldingsCRWD | 0.3% | $32m | 42,137 | -9% |
| Verizon CommunicationsVZ | 0.3% | $32m | 757,212 | +7% |
| Bristol-Myers SquibbBMY | 0.3% | $31m | 545,224 | +8% |
| Abbott LaboratoriesABT | 0.3% | $31m | 342,554 | +16% |
| AT&TT | 0.3% | $31m | 1,489,387 | +8% |
| Charles SchwabSCHW | 0.3% | $30m | 326,492 | +7% |
| Parker-HannifinPH | 0.2% | $30m | 30,622 | +6% |
| Walt DisneyDIS | 0.2% | $30m | 310,180 | -2% |
| SalesforceCRM | 0.2% | $30m | 189,033 | +3% |
| Gilead SciencesGILD | 0.2% | $30m | 233,799 | +12% |
| Toronto Dominion BankTD | 0.2% | $29m | 240,904 | +10% |
| Uber TechnologiesUBER | 0.2% | $28m | 394,939 | -43% |
| BoeingBA | 0.2% | $28m | 131,149 | Held |
| 3MMMM | 0.2% | $27m | 167,139 | +15% |
| Vertex PharmaceuticalsVRTX | 0.2% | $27m | 54,094 | +10% |
| Intuitive SurgicalISRG | 0.2% | $27m | 67,208 | +16% |
| PfizerPFE | 0.2% | $26m | 1,079,875 | Held |
| PrologisPLD | 0.2% | $26m | 190,461 | +17% |
| Dell TechnologiesDELL | 0.2% | $26m | 59,696 | +2% |
| Colgate-PalmoliveCL | 0.2% | $26m | 280,937 | +8% |
| DanaherDHR | 0.2% | $26m | 134,442 | +13% |
| Canadian Imperial Bank of Commerce /canCM | 0.2% | $26m | 222,010 | +9% |
| Union PacificUNP | 0.2% | $25m | 93,630 | -5% |
| ProgressivePGR | 0.2% | $25m | 115,603 | +4% |
| TeradyneTER | 0.2% | $25m | 51,712 | Held |
| BlackRockBLK | 0.2% | $25m | 25,906 | +11% |
| EquinixEQIX | 0.2% | $25m | 23,854 | +16% |
| US BancorpUSB | 0.2% | $25m | 407,457 | +13% |
| S&P GlobalSPGI | 0.2% | $25m | 60,197 | +10% |
| CumminsCMI | 0.2% | $24m | 34,062 | +9% |
| WelltowerWELL | 0.2% | $24m | 106,240 | +7% |
| ServiceNowNOW | 0.2% | $24m | 241,141 | -8% |
| Capital One FinancialCOF | 0.2% | $24m | 119,297 | +26% |
| MckessonMCK | 0.2% | $23m | 30,850 | +9% |
| CVS HealthCVS | 0.2% | $23m | 219,730 | Held |
| Cigna GroupCI | 0.2% | $23m | 82,261 | +10% |
| ShopifySHOP | 0.2% | $23m | 198,256 | -28% |
| Vertiv HoldingsVRT | 0.2% | $22m | 66,924 | +9% |
| FortinetFTNT | 0.2% | $22m | 144,787 | +12% |
| Elevance HealthELV | 0.2% | $22m | 57,429 | -21% |
| DeereDE | 0.2% | $22m | 34,847 | +9% |
Showing the largest 100 of 590.
Over time and by industry
Value over time
Dec '25
Jun '26
Value is up 9.4% since 31 December 2025.
Where the money is
Technology39.1%
Financial services13.2%
Media & telecom10.4%
Health care9.7%
Industrials8.4%
Retail & consumer7.4%
Everyday goods3.2%
Energy2.3%
Utilities2.2%
Real estate1.9%
Materials1.9%
Other0.3%
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.