Danica Pension, Livsforsikringsaktieselskab
Long book
$5.33B
Q1 2026
Positions
163
Top-10 weight
40%
concentration
Last quarter
+16.2%
SPY +14.8%
Turnover
53%
of book per quarter
Strategy in plain words
auto-generated from filingsDanica Pension, Livsforsikringsaktieselskab is a diversified fundamental manager, running a $5.33B US long book across 163 positions.
The portfolio is moderately concentrated (top 10 ≈ 40% of the book). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: NVIDIA CORP, APPLE INC, MICROSOFT CORP, ALPHABET INC-CL C, AMAZON.COM INC.
Over the last 9 quarters its long book ran on average 0.6pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+3.8%
Q2 2024
+6.6%
Q3 2024
+2.1%
Q4 2024
-4.3%
Q1 2025
+13.0%
Q2 2025
+6.4%
Q3 2025
+0.6%
Q4 2025
-9.7%
Q1 2026
+16.2%
Sector allocation
Technology 44%
Financials 12%
Consumer discretionary 12%
Services media 8%
Healthcare 7%
Industrials 6%
Other 4%
Utilities 4%
Long book by quarter
What does Danica Pension, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 2.5M | $433.1M | 8.1% | -11.5% |
| AAPL APPLE INC | Technology | 1.2M | $306.4M | 5.7% | -5.2% |
| MSFT MICROSOFT CORP | Technology | 765.4K | $283.3M | 5.3% | -26.3% |
| GOOG ALPHABET INC-CL C | Technology | 858.6K | $246.3M | 4.6% | -26.7% |
| AMZN AMAZON.COM INC | Consumer discretionary | 1.1M | $227.9M | 4.3% | -47.7% |
| META META PLATFORMS INC-CLASS A | Technology | 264.2K | $151.2M | 2.8% | -10.5% |
| AVGO BROADCOM INC | Technology | 482.9K | $149.5M | 2.8% | +20.0% |
| MA MASTERCARD INC - A | Services media | 231.7K | $115.8M | 2.2% | -38.2% |
| BAC BANK OF AMERICA CORP | Financials | 2.2M | $109.5M | 2.1% | -50.2% |
| NEE NEXTERA ENERGY INC | Utilities | 949.2K | $88.2M | 1.7% | -40.3% |
| ABT ABBOTT LABORATORIES | Healthcare | 787.8K | $80.9M | 1.5% | -49.1% |
| KO COCA-COLA CO/THE | Consumer staples | 1.0M | $79.0M | 1.5% | -56.1% |
| PCG P G & E CORP | Utilities | 4.4M | $76.9M | 1.4% | -20.4% |
| JPM JPMORGAN CHASE & CO | Financials | 260.4K | $76.6M | 1.4% | +41.3% |
| GOOGL ALPHABET INC-CL A | Technology | 235.9K | $67.8M | 1.3% | +30.8% |
| MCK MCKESSON CORP | Consumer discretionary | 73.4K | $63.5M | 1.2% | -61.8% |
| BSX BOSTON SCIENTIFIC CORP | Healthcare | 970.3K | $60.9M | 1.1% | -51.4% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 59.1K | $58.9M | 1.1% | +190.3% |
| ETN EATON CORP PLC | Industrials | 163.9K | $58.6M | 1.1% | -54.8% |
| BA BOEING CO/THE | Industrials | 283.1K | $56.3M | 1.1% | New |
| LLY ELI LILLY & CO | Healthcare | 58.5K | $53.8M | 1.0% | New |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 109.3K | $53.7M | 1.0% | -8.8% |
| XYZ BLOCK INC | Technology | 868.4K | $52.3M | 1.0% | -59.8% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 104.0K | $49.8M | 0.9% | New |
| HD HOME DEPOT INC | Consumer discretionary | 147.7K | $48.6M | 0.9% | -58.2% |
| DHR DANAHER CORP | Technology | 241.9K | $45.9M | 0.9% | +10.5% |
| CRDO CREDO TECHNOLOGY GROUP HOLDI | Technology | 471.9K | $44.3M | 0.8% | New |
| BJ BJ'S WHOLESALE CLUB HOLDINGS | Consumer discretionary | 448.9K | $44.2M | 0.8% | -39.4% |
| ALHC ALIGNMENT HEALTHCARE INC | Financials | 2.5M | $44.1M | 0.8% | +25.2% |
| JNJ JOHNSON & JOHNSON | Healthcare | 173.4K | $42.4M | 0.8% | New |
| MDB MONGODB INC | Technology | 172.3K | $42.2M | 0.8% | -32.5% |
| TSLA TESLA INC | Industrials | 109.3K | $40.6M | 0.8% | New |
| UBER UBER TECHNOLOGIES INC | Services media | 561.1K | $40.4M | 0.8% | -36.4% |
| TRU TRANSUNION | Services media | 583.1K | $40.3M | 0.8% | -57.4% |
| WMT WALMART INC | Consumer discretionary | 320.5K | $39.8M | 0.7% | -30.3% |
| AMD ADVANCED MICRO DEVICES | Technology | 188.4K | $38.3M | 0.7% | New |
| ORCL ORACLE CORP | Technology | 246.5K | $36.3M | 0.7% | -51.4% |
| IQV IQVIA HOLDINGS INC | Healthcare | 211.2K | $36.0M | 0.7% | New |
| CL COLGATE-PALMOLIVE CO | Other | 408.5K | $34.8M | 0.7% | -4.0% |
| BROS DUTCH BROS INC-CLASS A | Consumer discretionary | 662.6K | $33.6M | 0.6% | New |
| ELV ELEVANCE HEALTH INC | Financials | 109.9K | $32.2M | 0.6% | -70.1% |
| MCD MCDONALD'S CORP | Consumer discretionary | 102.9K | $32.0M | 0.6% | New |
| COHR COHERENT CORP | Other | 133.7K | $31.8M | 0.6% | -76.5% |
| AZO AUTOZONE INC | Consumer discretionary | 9.2K | $31.1M | 0.6% | -15.8% |
| MRVL MARVELL TECHNOLOGY INC | Technology | 304.5K | $30.2M | 0.6% | -67.5% |
| PG PROCTER & GAMBLE CO/THE | Other | 193.1K | $27.9M | 0.5% | New |
| V VISA INC-CLASS A SHARES | Services media | 91.7K | $27.7M | 0.5% | New |
| SPGI S&P GLOBAL INC | Services media | 64.3K | $27.4M | 0.5% | -54.7% |
| FISV FISERV INC | Services media | 488.4K | $27.3M | 0.5% | -42.8% |
| AMAT APPLIED MATERIALS INC | Technology | 78.9K | $27.0M | 0.5% | +0.7% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 12, 2026 | 166 | $5.33B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 2, 2026 | 79 | $6.94B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR/ARESTATEMENT | Nov 19, 2025 | 75 | $6.48B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 75 | $6.48B | SEC ↗ | |
| Q2 2025 | 13F-HR | Dec 18, 2025 | 80 | $5.97B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Dec 18, 2025 | 83 | $5.05B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Mar 18, 2026 | 90 | $5.34B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Mar 18, 2026 | 96 | $5.17B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Mar 18, 2026 | 88 | $4.88B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Mar 18, 2026 | 93 | $4.50B | canonical | SEC ↗ |
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