Institutional Manager · CIK 0000946431

Swedbank AB

STOCKHOLM, V7 · File #028-24145

Latest AUM

$103.37B

Positions

1,054

Top-10 Concentration

58.6%

Filings

Portfolio Value Over Time

2024-12

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	ANALOG DEVICES INC	ADI	+3,748,124	+$1.02B	+$3,545
ADD	ARISTA NETWORKS INC	ANET	+7,350,545	+$963.1M	-$705
REDUCE	CENCORA INC	COR	-1,399,087	-$472.5M	+$35.3M
REDUCE	KEYSIGHT TECHNOLOGIES INC	KEYS	-1,501,506	-$305.1M	+$87.8M
ADD	SNOWFLAKE INC	SNOW	+1,329,657	+$291.7M	-$2,346
ADD	RESMED INC	RSMDF	+1,102,436	+$265.5M	-$1,314
REDUCE	JAZZ PHARMACEUTICALS PLC	JAZZ	-1,073,892	-$182.6M	+$41.0M
REDUCE	CVS HEALTH CORP	CVS	-2,248,654	-$178.5M	+$8.9M
REDUCE	REGENERON PHARMACEUTICALS	REGN	-207,355	-$160.1M	+$43.5M
REDUCE	WW GRAINGER INC	384802104	-131,725	-$132.9M	+$8.9M

Sector Allocation

Technology

39.7%$41.02B

Healthcare

10.8%$11.22B

Consumer Discretionary

7.8%$8.12B

Industrials

4.8%$4.97B

Communication Services

4.7%$4.88B

4.1%$4.22B

1.5%$1.56B

1.4%$1.40B

0.9%$980.1M

0.3%$336.0M

0.2%$199.8M

Filing History

Feb 9, 202613F HOLDINGS REPORT (Amended)Q/E Dec 20251,054 pos · $103.37B
Feb 3, 202613F HOLDINGS REPORTQ/E Dec 20251,054 pos · $103.37B
Oct 15, 202513F HOLDINGS REPORTQ/E Sep 2025887 pos · $98.65B
Jul 10, 202513F HOLDINGS REPORTQ/E Jun 2025879 pos · $88.96B
Jan 22, 202513F HOLDINGS REPORTQ/E Dec 2024897 pos · $81.32B
Dec 6, 202413F HOLDINGS REPORTQ/E Dec 2024957 pos · $44.30B
Dec 6, 202413F HOLDINGS REPORTQ/E Dec 2024923 pos · $57.73B
Dec 6, 202413F HOLDINGS REPORTQ/E Dec 2024955 pos · $42.13B
Dec 6, 202413F HOLDINGS REPORTQ/E Dec 2024938 pos · $53.56B
Dec 6, 202413F HOLDINGS REPORTQ/E Dec 2024930 pos · $48.14B
Dec 6, 202413F HOLDINGS REPORTQ/E Dec 2024942 pos · $53.93B
Dec 6, 202413F HOLDINGS REPORTQ/E Dec 2024939 pos · $59.82B
Dec 6, 202413F HOLDINGS REPORTQ/E Dec 2024925 pos · $53.31B
Dec 6, 202413F HOLDINGS REPORTQ/E Dec 2024924 pos · $58.98B
Dec 6, 202413F HOLDINGS REPORTQ/E Dec 2024912 pos · $62.11B
Dec 6, 202413F HOLDINGS REPORTQ/E Dec 2024925 pos · $45.47B
Dec 6, 202413F HOLDINGS REPORTQ/E Dec 2024921 pos · $50.71B
Nov 7, 202413F HOLDINGS REPORT (Amended)Q/E Sep 20244 pos · $202.6M
Oct 11, 202413F HOLDINGS REPORTQ/E Sep 2024895 pos · $78.31B
Jul 11, 202413F HOLDINGS REPORTQ/E Jun 2024911 pos · $74.81B

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	NVIDIA CORPORATION	NVDA	42,480,719	$7.92B	11.72%
2	MICROSOFT CORP	MSFT	14,717,569	$7.12B	10.53%
3	APPLE INC	AAPL	17,943,145	$4.88B	7.22%
4	BROADCOM INC	AVGO	12,180,967	$4.22B	6.24%
5	AMAZON COM INC	AMZN	15,515,619	$3.58B	5.30%
6	ALPHABET INC	GOOG	10,621,581	$3.33B	4.93%
7	ALPHABET INC	GOOG	9,620,143	$3.01B	4.46%
8	META PLATFORMS INC	META	3,384,101	$2.23B	3.31%
9	ELI LILLY & CO	LLY	1,661,275	$1.79B	2.64%
10	JPMORGAN CHASE & CO.	VYLD	4,698,298	$1.51B	2.24%
11	MASTERCARD INCORPORATED	MA	2,241,047	$1.28B	1.89%
12	CITIGROUP INC	C-PR	10,310,300	$1.20B	1.78%
13	VISA INC	V	2,964,006	$1.04B	1.54%
14	ANALOG DEVICES INC	ADI	3,748,263	$1.02B	1.50%
15	MICRON TECHNOLOGY INC	MU	3,553,092	$1.01B	1.50%
16	PROLOGIS INC.	PLDGP	7,664,539	$978.5M	1.45%
17	THERMO FISHER SCIENTIFIC INC	TMO	1,669,618	$967.5M	1.43%
18	ARISTA NETWORKS INC	ANET	7,350,593	$963.1M	1.43%
19	SPOTIFY TECHNOLOGY S A	SPOT	1,614,256	$937.4M	1.39%
20	KLA CORP	KLAC	760,785	$924.4M	1.37%