Handelsbanken Fonder AB

Diversified mechanical Mechanical CIK 1398318
League rank
#18
in Diversified mechanical · #1051 overall
Long book
$30.00B
Q1 2026
Positions
1491
Top-10 weight
35%
concentration
Last quarter
+16.8%
SPY +14.8%
Turnover
5%
of book per quarter

Strategy in plain words

auto-generated from filings

Handelsbanken Fonder AB is a mechanically diversified allocator, running a $30.00B US long book across 1491 positions.

The portfolio is moderately concentrated (top 10 ≈ 35% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: NVIDIA CORP, APPLE INC, MICROSOFT CORP, AMAZON.COM INC, ALPHABET INC-CL A.

Over the last 9 quarters its long book ran on average 0.5pp per quarter behind the S&P 500, beating the index in 1 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+3.2%
Q2 2024
+5.7%
Q3 2024
-0.1%
Q4 2024
-4.5%
Q1 2025
+10.6%
Q2 2025
+7.3%
Q3 2025
+2.3%
Q4 2025
-5.8%
Q1 2026
+16.8%

Sector allocation

Technology
44%
Healthcare
13%
Financials
10%
Consumer discretionary
9%
Industrials
7%
Services media
6%
Other
4%
Materials
2%

Long book by quarter

$23.23B
Q1 2024
$23.00B
Q2 2024
$25.28B
Q3 2024
$26.20B
Q4 2024
$24.26B
Q1 2025
$28.17B
Q2 2025
$31.48B
Q3 2025
$33.10B
Q4 2025
$30.00B
Q1 2026

What does Handelsbanken Fonder own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology11.4M$1.98B6.6%-2.0%
AAPL APPLE INCTechnology7.1M$1.81B6.0%-0.3%
MSFT MICROSOFT CORPTechnology3.7M$1.37B4.6%-1.7%
AMZN AMAZON.COM INCConsumer discretionary5.1M$1.07B3.6%-6.8%
GOOGL ALPHABET INC-CL ATechnology2.9M$827.4M2.8%-7.6%
GOOG ALPHABET INC-CL CTechnology2.9M$818.9M2.7%-1.2%
AVGO BROADCOM INCTechnology2.6M$812.8M2.7%-8.4%
LLY ELI LILLY & COHealthcare708.5K$651.7M2.2%-7.4%
META META PLATFORMS INC-CLASS ATechnology1.1M$646.4M2.2%+0.7%
JNJ JOHNSON & JOHNSONHealthcare1.9M$474.4M1.6%-1.1%
JPM JPMORGAN CHASE & COFinancials1.6M$462.3M1.5%-17.0%
NFLX NETFLIX INCServices media3.4M$323.4M1.1%+0.1%
TMO THERMO FISHER SCIENTIFIC INCOther634.8K$312.0M1.0%-11.3%
ABBV ABBVIE INCHealthcare1.4M$300.5M1.0%+4.8%
MA MASTERCARD INC - AServices media523.6K$261.6M0.9%-3.7%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials521.0K$249.6M0.8%0.0%
NXT NEXTPOWER INC-CL ATechnology2.0M$243.6M0.8%+25.7%
MRK MERCK & CO. INC.Healthcare1.9M$224.3M0.7%+1.2%
BAC BANK OF AMERICA CORPFinancials4.6M$224.2M0.7%-0.7%
WMT WALMART INCConsumer discretionary1.8M$219.3M0.7%+0.2%
MU MICRON TECHNOLOGY INCTechnology593.3K$200.4M0.7%+21.5%
CSCO CISCO SYSTEMS INCTechnology2.5M$197.6M0.7%-9.1%
V VISA INC-CLASS A SHARESServices media647.0K$195.5M0.7%-0.2%
HD HOME DEPOT INCConsumer discretionary551.7K$181.5M0.6%+18.5%
AMD ADVANCED MICRO DEVICESTechnology836.4K$170.2M0.6%-12.7%
BSX BOSTON SCIENTIFIC CORPHealthcare2.6M$162.3M0.5%+2.7%
ISRG INTUITIVE SURGICAL INCHealthcare351.2K$161.9M0.5%-1.8%
MCK MCKESSON CORPConsumer discretionary185.3K$160.4M0.5%-10.6%
ANET ARISTA NETWORKS INCTechnology1.3M$157.0M0.5%+11.9%
BE BLOOM ENERGY CORP- AIndustrials1.1M$152.7M0.5%-9.0%
GILD GILEAD SCIENCES INCHealthcare1.1M$146.5M0.5%-1.7%
PG PROCTER & GAMBLE CO/THEOther935.5K$135.1M0.5%+1.4%
LRCX LAM RESEARCH CORPIndustrials600.3K$128.3M0.4%-9.1%
AMAT APPLIED MATERIALS INCTechnology356.9K$122.0M0.4%+11.2%
KO COCA-COLA CO/THEConsumer staples1.6M$121.6M0.4%+0.5%
ABT ABBOTT LABORATORIESHealthcare1.2M$121.3M0.4%-3.2%
PWR QUANTA SERVICES INCIndustrials213.8K$117.4M0.4%-18.5%
KLAC KLA CORPOther79.7K$117.3M0.4%+14.9%
FSLR FIRST SOLAR INCTechnology593.9K$117.2M0.4%-0.7%
INTU INTUIT INCTechnology268.4K$116.0M0.4%+10.3%
PANW PALO ALTO NETWORKS INCTechnology723.6K$116.0M0.4%+32.1%
LIN LINDE PLCMaterials223.3K$110.7M0.4%-4.8%
ORCL ORACLE CORPTechnology746.7K$109.8M0.4%-7.4%
AMGN AMGEN INCHealthcare299.5K$105.4M0.4%-6.8%
BKNG BOOKING HOLDINGS INCIndustrials24.5K$103.3M0.3%-6.2%
COR CENCORA INCConsumer discretionary326.8K$102.7M0.3%-5.9%
JKHY JACK HENRY & ASSOCIATES INCTechnology646.3K$102.1M0.3%-7.4%
BAP CREDICORP LTDFinancials298.5K$101.3M0.3%-6.8%
EW EDWARDS LIFESCIENCES CORPHealthcare1.3M$101.1M0.3%+4.9%
TJX TJX COMPANIES INCConsumer discretionary631.1K$100.8M0.3%+13.4%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 28, 20261491$30.00B $K fixed canonicalSEC ↗
Q4 202513F-HRFeb 6, 20261495$33.10B $K fixed canonicalSEC ↗
Q3 202513F-HRNov 12, 20251499$31.48B $K fixed canonicalSEC ↗
Q2 202513F-HRAug 12, 20251513$28.17B $K fixed canonicalSEC ↗
Q1 202513F-HRApr 15, 20251527$24.26B $K fixed canonicalSEC ↗
Q4 202413F-HRFeb 3, 20251542$26.20B $K fixed canonicalSEC ↗
Q3 202413F-HROct 4, 20241522$25.28B $K fixed canonicalSEC ↗
Q2 202413F-HRAug 5, 20241520$23.00B $K fixed canonicalSEC ↗
Q1 202413F-HRMay 13, 20241562$23.23B $K fixed canonicalSEC ↗