Andra AP-fonden
Long book
$8.39B
Q1 2026
Positions
396
Top-10 weight
37%
concentration
Last quarter
+16.7%
SPY +14.8%
Turnover
27%
of book per quarter
Strategy in plain words
auto-generated from filingsAndra AP-fonden is an institutional manager, running a $8.39B US long book across 396 positions.
The portfolio is moderately concentrated (top 10 ≈ 37% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: NVIDIA CORP, APPLE INC, MICROSOFT CORP, ASTRAZENECA PLC, AMAZON.COM INC.
Over the last 9 quarters its long book ran on average 0.3pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+1.3%
Q2 2024
+7.4%
Q3 2024
+0.9%
Q4 2024
-3.5%
Q1 2025
+9.4%
Q2 2025
+7.7%
Q3 2025
+3.0%
Q4 2025
-5.3%
Q1 2026
+16.7%
Sector allocation
Technology 43%
Healthcare 15%
Consumer discretionary 10%
Financials 9%
Industrials 7%
Services media 6%
Materials 3%
Other 3%
Long book by quarter
What does Andra AP-fonden own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 3.5M | $614.4M | 7.3% | +68.4% |
| AAPL APPLE INC | Technology | 2.2M | $553.2M | 6.6% | +72.7% |
| MSFT MICROSOFT CORP | Technology | 1.0M | $382.4M | 4.6% | +83.7% |
| AZN ASTRAZENECA PLC | Healthcare | 236.3K | $347.1M | 4.1% | New |
| AMZN AMAZON.COM INC | Consumer discretionary | 1.4M | $289.8M | 3.5% | +71.8% |
| GOOGL ALPHABET INC-CL A | Technology | 855.1K | $245.9M | 2.9% | +93.4% |
| GOOG ALPHABET INC-CL C | Technology | 720.4K | $206.6M | 2.5% | +186.5% |
| AVGO BROADCOM INC | Technology | 649.7K | $201.1M | 2.4% | +99.1% |
| META META PLATFORMS INC-CLASS A | Technology | 324.9K | $185.9M | 2.2% | +126.4% |
| LLY ELI LILLY & CO | Healthcare | 127.2K | $117.0M | 1.4% | +52.9% |
| JPM JPMORGAN CHASE & CO | Financials | 382.7K | $112.6M | 1.3% | +58.8% |
| JNJ JOHNSON & JOHNSON | Healthcare | 397.9K | $97.3M | 1.2% | +16.3% |
| WMT WALMART INC | Consumer discretionary | 699.0K | $86.9M | 1.0% | +120.9% |
| MA MASTERCARD INC - A | Services media | 139.5K | $69.7M | 0.8% | +10.7% |
| MU MICRON TECHNOLOGY INC | Technology | 203.8K | $68.8M | 0.8% | +10.8% |
| V VISA INC-CLASS A SHARES | Services media | 227.0K | $68.6M | 0.8% | +9.1% |
| AMD ADVANCED MICRO DEVICES | Technology | 316.2K | $64.3M | 0.8% | +230.4% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 62.6K | $62.4M | 0.7% | +284.7% |
| ABBV ABBVIE INC | Healthcare | 283.8K | $61.7M | 0.7% | +44.2% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 407.7K | $59.6M | 0.7% | +5.9% |
| KO COCA-COLA CO/THE | Consumer staples | 668.8K | $50.9M | 0.6% | +46.9% |
| GE GENERAL ELECTRIC | Industrials | 170.9K | $48.5M | 0.6% | +197.8% |
| HD HOME DEPOT INC | Consumer discretionary | 144.2K | $47.4M | 0.6% | +55.4% |
| NFLX NETFLIX INC | Services media | 485.2K | $46.7M | 0.6% | -27.0% |
| CSCO CISCO SYSTEMS INC | Technology | 574.2K | $44.5M | 0.5% | +23.1% |
| MRK MERCK & CO. INC. | Healthcare | 364.5K | $43.8M | 0.5% | -14.9% |
| PEP PEPSICO INC | Consumer staples | 278.1K | $43.2M | 0.5% | +239.5% |
| PG PROCTER & GAMBLE CO/THE | Other | 288.3K | $41.6M | 0.5% | +272.2% |
| TJX TJX COMPANIES INC | Consumer discretionary | 250.2K | $40.0M | 0.5% | -18.2% |
| BAC BANK OF AMERICA CORP | Financials | 815.0K | $39.7M | 0.5% | +151.4% |
| LRCX LAM RESEARCH CORP | Industrials | 178.7K | $38.2M | 0.5% | -61.4% |
| AEM AGNICO EAGLE MINES LTD | Materials | 125.6K | $35.5M | 0.4% | -3.8% |
| RY ROYAL BANK OF CANADA | Financials | 157.1K | $35.3M | 0.4% | +875.5% |
| WFC WELLS FARGO & CO | Financials | 439.7K | $35.0M | 0.4% | +11.4% |
| QCOM QUALCOMM INC | Technology | 267.6K | $34.5M | 0.4% | -72.8% |
| KGC KINROSS GOLD CORP | Materials | 789.0K | $33.6M | 0.4% | -43.2% |
| NEE NEXTERA ENERGY INC | Utilities | 360.5K | $33.5M | 0.4% | +194.4% |
| NU NU HOLDINGS LTD/CAYMAN ISL-A | Financials | 2.3M | $33.4M | 0.4% | +57.7% |
| ORCL ORACLE CORP | Technology | 224.6K | $33.0M | 0.4% | +85.3% |
| AMAT APPLIED MATERIALS INC | Technology | 93.9K | $32.1M | 0.4% | -69.9% |
| GILD GILEAD SCIENCES INC | Healthcare | 222.6K | $31.0M | 0.4% | -53.9% |
| ANET ARISTA NETWORKS INC | Technology | 250.0K | $30.7M | 0.4% | +22.5% |
| SHOP SHOPIFY INC - CLASS A | Technology | 185.2K | $30.6M | 0.4% | +166.9% |
| APH AMPHENOL CORP-CL A | Technology | 239.6K | $30.3M | 0.4% | +96.2% |
| BKNG BOOKING HOLDINGS INC | Industrials | 7.1K | $29.9M | 0.4% | +13.1% |
| LIN LINDE PLC | Materials | 60.1K | $29.8M | 0.4% | +35.7% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 122.9K | $29.8M | 0.4% | +24.0% |
| DIS WALT DISNEY CO/THE | Services media | 307.9K | $29.7M | 0.4% | +3.3% |
| ADI ANALOG DEVICES INC | Technology | 92.7K | $29.5M | 0.4% | +94.0% |
| GS GOLDMAN SACHS GROUP INC | Financials | 34.6K | $29.3M | 0.3% | -5.0% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 8, 2026 | 396 | $8.39B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 12, 2026 | 402 | $8.09B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 404 | $7.83B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 6, 2025 | 467 | $7.19B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 13, 2025 | 463 | $6.10B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 7, 2025 | 385 | $6.24B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 12, 2024 | 426 | $6.79B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 7, 2024 | 415 | $5.95B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 13, 2024 | 363 | $5.63B | canonical | SEC ↗ |
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