NORDEA INVESTMENT MANAGEMENT AB

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, NORDEA INVESTMENT MANAGEMENT AB maintained a portfolio of 887 distinct positions. They heavily accumulated shares in NVIDIA CORPORATION, increasing their position by 2.7%. The fund also reduced its exposure to BOOKING HOLDINGS INC by 55.5%.
PCA Score Concentration Risk
Risk ENB
Total Positions
887
Quarter
2025 Q4
Top Holding
NVDA (6.5%)
Top 10 Concentration
31.9%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 887
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
NVDA
NVIDIA CORPORAT...
Technology 6.54% 6.44% #1
Prev: #1
5.1 1,046,474 2.7%
P
S
40,423,871 $7,611,814,910
$59.15 +218.0%
$186.49 +0.9%
2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MSFT
MICROSOFT CORP
Technology 5.91% 6.41% #2
Prev: #2
4.4 32,505 0.2%
P
S
14,194,502 $6,879,933,175
$101.37 +365.4%
$482.52 -2.2%
2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AAPL
APPLE INC
Technology 5.14% 4.75% #3
Prev: #3
3.6 794,771 3.7%
P
S
22,035,680 $5,991,281,035
$77.97 +242.5%
$271.61 -1.7%
2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AVGO
BROADCOM INC
Technology 2.93% 1.90% #4 2
Prev: #6
4.2 3,160,586 47.5%
P
S
9,814,757 $3,406,211,417 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AMZN
AMAZON COM INC
Consumer Cyclical 2.76% 2.47% #5 1
Prev: #4
3.6 1,060,428 8.3%
P
S
13,892,942 $3,208,991,743 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GOOGL
ALPHABET INC
Communication Services 2.49% 2.45% #6 1
Prev: #5
1.0 -2,336,756 -20.1%
P
S
9,263,225 $2,902,724,186 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GOOG
ALPHABET INC
Communication Services 2.31% 1.73% #7
Prev: #7
1.4 396,746 4.9%
P
S
8,557,712 $2,689,089,842 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LLY
ELI LILLY & CO
Healthcare 1.37% 0.87% #8 11
Prev: #19
2.5 109,980 8.0%
P
S
1,479,977 $1,594,971,213 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
META
META PLATFORMS ...
Communication Services 1.28% 1.62% #9 1
Prev: #8
1.0 -270,527 -10.7%
P
S
2,255,736 $1,492,913,757 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MA
MASTERCARD INCO...
Financial Services 1.17% 1.17% #10 1
Prev: #11
1.0 25,954 1.1%
P
S
2,378,194 $1,367,176,167 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CSCO
CISCO SYS INC
Technology 1.14% 1.25% #11 1
Prev: #10
1.0 -3,596,905 -17.3%
P
S
17,171,264 $1,325,364,011 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LRCX
LAM RESEARCH CO...
Technology 1.10% 1.33% #12 3
Prev: #9
0.4 -3,909,309 -34.6%
P
S
7,403,443 $1,278,278,469 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TJX
TJX COS INC NEW
Consumer Cyclical 0.99% 0.89% #13 4
Prev: #17
2.4 420,232 6.0%
P
S
7,479,163 $1,155,829,850 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
JPM
JPMORGAN CHASE ...
Financial Services 0.99% 0.91% #14 2
Prev: #16
2.4 220,581 6.6%
P
S
3,566,046 $1,151,797,197 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
JNJ
JOHNSON & JOHNS...
Healthcare 0.97% 0.98% #15 1
Prev: #14
0.9 -649,409 -10.6%
P
S
5,460,452 $1,128,675,429 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MRK
MERCK & CO INC
Healthcare 0.96% 0.77% #16 8
Prev: #24
0.9 -371,366 -3.4%
P
S
10,573,821 $1,115,009,425 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TT
TRANE TECHNOLOG...
Industrials 0.87% 0.92% #17 2
Prev: #15
0.8 72,998 2.9%
P
S
2,586,506 $1,010,418,569 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
V
VISA INC
Financial Services 0.83% 0.84% #18 2
Prev: #20
0.8 -77,870 -2.8%
P
S
2,743,482 $967,159,709 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ABBV
ABBVIE INC
Healthcare 0.82% 0.89% #19 1
Prev: #18
0.8 -345,599 -7.7%
P
S
4,149,959 $950,631,108 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AMD
ADVANCED MICRO ...
Technology 0.81% 0.55% #20 12
Prev: #32
2.3 457,169 11.7%
P
S
4,362,317 $938,770,619 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
C
CITIGROUP INC
Financial Services 0.80% 0.62% #21 10
Prev: #31
2.3 844,056 11.8%
P
S
7,986,407 $933,890,503 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AXP
AMERICAN EXPRES...
Financial Services 0.79% 0.68% #22 5
Prev: #27
2.3 144,512 6.2%
P
S
2,474,363 $920,710,472 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LIN
LINDE PLC
Basic Materials 0.78% 0.66% #23 5
Prev: #28
2.8 544,850 34.5%
P
S
2,124,882 $910,129,458 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NFLX
NETFLIX INC
ETF 0.78% 1.02% #24 11
Prev: #13
3.3 8,688,113 886.6%
P
S
9,667,997 $902,797,561 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MCK
MCKESSON CORP
Healthcare 0.76% 0.73% #25
Prev: #25
0.8 -21,798 -2.0%
P
S
1,071,733 $885,251,458 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AMGN
AMGEN INC
Healthcare 0.73% 0.70% #26
Prev: #26
0.8 -273,268 -9.5%
P
S
2,601,135 $851,923,735 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
EMR
EMERSON ELEC CO
Industrials 0.71% 0.79% #27 6
Prev: #21
0.8 -804,022 -11.5%
P
S
6,177,341 $828,257,882 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WM
WASTE MGMT INC ...
Industrials 0.67% 0.64% #28 2
Prev: #30
2.3 236,439 7.2%
P
S
3,530,900 $781,494,097 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NOW
SERVICENOW INC
Technology 0.62% 0.78% #29 6
Prev: #23
3.2 3,743,087 388.7%
P
S
4,706,164 $720,325,462 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WAB
WABTEC
Industrials 0.57% 0.34% #30 39
Prev: #69
3.2 1,095,083 55.5%
P
S
3,069,340 $659,938,793 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GILD
GILEAD SCIENCES...
Healthcare 0.54% 0.43% #31 17
Prev: #48
2.2 726,101 16.5%
P
S
5,138,699 $630,055,884 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CRM
SALESFORCE INC
Technology 0.54% 0.48% #32 7
Prev: #39
0.7 55,704 2.4%
P
S
2,356,075 $624,100,707 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ZTS
ZOETIS INC
Healthcare 0.53% 0.35% #33 34
Prev: #67
3.2 2,179,578 79.2%
P
S
4,932,787 $622,221,753 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
EBAY
EBAY INC.
Consumer Cyclical 0.53% 0.64% #34 5
Prev: #29
0.7 -1,000,163 -12.5%
P
S
7,015,881 $611,995,299 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
HIG
HARTFORD INSURA...
Financial Services 0.52% 0.50% #35 2
Prev: #37
0.7 81,712 1.9%
P
S
4,389,329 $606,956,414 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TSLA
TESLA INC
Consumer Cyclical 0.50% 0.54% #36 3
Prev: #33
0.7 -117,144 -8.4%
P
S
1,281,857 $581,898,985 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AMAT
APPLIED MATLS I...
Technology 0.50% 0.45% #37 6
Prev: #43
0.7 -225,201 -9.1%
P
S
2,242,015 $580,547,364 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WFC
WELLS FARGO CO ...
Financial Services 0.48% 0.45% #38 4
Prev: #42
0.7 -208,128 -3.4%
P
S
5,982,559 $561,104,208 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
FTNT
FORTINET INC
Technology 0.47% 0.51% #39 3
Prev: #36
0.7 -16,357 -0.2%
P
S
6,905,674 $550,313,161 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BDX
BECTON DICKINSO...
Healthcare 0.46% 0.52% #40 5
Prev: #35
0.7 -458,456 -14.2%
P
S
2,773,058 $541,328,651 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ANET
ARISTA NETWORKS...
Technology 0.46% 0.78% #41 19
Prev: #22
0.2 -2,161,422 -35.0%
P
S
4,021,514 $532,006,087 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BKNG
BOOKING HOLDING...
Consumer Cyclical 0.45% 1.04% #42 30
Prev: #12
0.2 -122,607 -55.5%
P
S
98,242 $528,510,522 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CTAS
CINTAS CORP
Industrials 0.44% 0.46% #43 2
Prev: #41
2.2 158,785 6.2%
P
S
2,729,394 $517,465,808 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
DASH
DOORDASH INC
Consumer Cyclical 0.44% 0.52% #44 10
Prev: #34
0.7 44,341 2.0%
P
S
2,264,568 $515,166,574 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
HCA
HCA HEALTHCARE ...
Healthcare 0.44% 0.36% #45 17
Prev: #62
2.2 108,849 11.2%
P
S
1,084,590 $507,392,894 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
RSG
REPUBLIC SVCS I...
Industrials 0.42% 0.47% #46 6
Prev: #40
0.7 -46,299 -2.0%
P
S
2,288,636 $490,088,513 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NEM
NEWMONT CORP
Basic Materials 0.41% 0.32% #47 31
Prev: #78
2.2 447,904 10.3%
P
S
4,784,777 $482,161,978 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MU
MICRON TECHNOLO...
Technology 0.40% 0.27% #48 55
Prev: #103
0.7 -189,069 -10.4%
P
S
1,631,149 $469,232,633 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GIS
GENERAL MLS INC
Consumer Defensive 0.40% 0.43% #49 3
Prev: #46
0.7 24,185 0.2%
P
S
9,980,850 $464,508,758 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
PANW
PALO ALTO NETWO...
Technology 0.40% 0.44% #50 5
Prev: #45
0.7 75,779 3.1%
P
S
2,505,894 $464,342,158 2002 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-50 of 887 holdings

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