13F filer · CIK 946431 ↗
Swedbank AB
You are looking at Q3 2025. See the latest, Q3 2026 →
Reported value
$98.65B
+11% on the quarter before
Positions
669
32 new · 31 sold out
Top 10
39.0%
of the value
Est. gain
+$6.87B
on stocks held all quarter
Est. return
+8.0%
on those stocks since Q2 2025
Positions as of Sep 30, 2025, from Swedbank AB's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
The 24 largest positions, 51% of the reported value, each sized by its share, colored by what the fund did with it since Q2 2025. Striped tiles are options.
Largest buys
Since Q2 2025, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Intuit~$512.9MAdded · 0.1% → 0.6%+751,027 shares
- Oracle~$282.6MAdded · 0.4% → 0.8%+1,004,692 shares
- Amazon~$201.0MAdded · 3.8% → 3.6%+915,363 shares
- Roper Technologies Inc~$193.6MAdded · 0.4% → 0.5%+388,212 shares
- Allstate Corp~$176.8MAdded · 0.0% → 0.2%+823,559 shares
- Eli Lilly~$176.5MAdded · 1.2% → 1.2%+231,334 shares
- Zoetis Inc~$134.3MAdded · 0.3% → 0.4%+917,598 shares
- Atlassian Corporation~$127.8MAdded · 0.1% → 0.2%+800,000 shares
- Apple~$125.2MAdded · 4.4% → 5.0%+491,577 shares
- KLA~$123.4MAdded · 0.5% → 0.7%+114,377 shares
Largest sells
Since Q2 2025, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Broadcom~$430.2MCut · 4.4% → 4.3%−1,304,100 shares
- AMD~$238.5MCut · 0.5% → 0.2%−1,474,094 shares
- Cyberark Software Ltd~$163.2MCut · 0.2% → 0.1%−337,700 shares
- Keysight~$152.5MCut · 0.7% → 0.6%−871,922 shares
- Equinix~$108.2MCut · 0.2% → 0.1%−138,192 shares
- Salesforce~$101.5MCut · 0.9% → 0.6%−428,079 shares
- Entegris~$94.5MCut · 0.1% → 0.0%−1,021,764 shares
- Accenture Plc Ireland~$87.7MCut · 0.8% → 0.5%−355,626 shares
- Applied Materials~$83.3MCut · 0.8% → 0.7%−407,008 shares
- Arista Networks~$80.8MCut · 0.9% → 1.0%−554,224 shares
Holdings
As of Sep 30, 2025. Changes are in shares against Jun 30, 2025, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| NvidiaCOM · shares −0.7% · price +18.1% | 8.1% | $8.01B | +$1.23B | ||||||||
| MicrosoftCOM · shares +1.6% · price +4.1% | 7.4% | $7.29B | +$284.5M | ||||||||
| AppleCOM · shares +2.6% · price +24.1% | 5.0% | $4.97B | +$941.9M | ||||||||
| BroadcomCOM · shares −9.3% · price +19.7% | 4.3% | $4.21B | +$692.5M | ||||||||
| AmazonCOM · shares +6.0% · price +0.1% | 3.6% | $3.57B | +$2.8M | ||||||||
| AlphabetCAP STK CL C · shares +3.6% · price +37.3% | 2.8% | $2.78B | +$728.2M | ||||||||
| MetaCL A · shares +1.0% · price −0.5% | 2.6% | $2.56B | −$12.8M | ||||||||
| AlphabetCAP STK CL A · shares +1.6% · price +37.9% | 2.4% | $2.36B | +$639.3M | ||||||||
| Jpmorgan Chase & Co.COM · shares +5.0% · price +8.8% | 1.5% | $1.53B | +$117.6M | ||||||||
| Eli LillyCOM · shares +17% · price −2.1% | 1.2% | $1.19B | −$21.9M | ||||||||
| MastercardCL A · shares +1.6% · price +1.2% | 1.2% | $1.17B | +$13.9M | ||||||||
| Citigroup IncCOM NEW · shares −0.6% · price +19.2% | 1.1% | $1.10B | +$177.6M | ||||||||
| Arista NetworksCOM SHS · shares −7.2% · price +42.4% | 1.0% | $1.04B | +$308.4M | ||||||||
| Visa Inc.COM CL A · shares +9.5% · price −3.9% | 1.0% | $1.01B | −$37.0M | ||||||||
| Analog DevicesCOM · shares +7.4% · price +3.2% | 0.90% | $888.7M | +$25.9M | ||||||||
| Thermo Fisher Scientific IncCOM · shares +6.4% · price +19.6% | 0.88% | $869.3M | +$134.0M | ||||||||
| Spotify Technology S ASHS · shares +2.1% · price −9.0% | 0.83% | $818.2M | −$79.6M | ||||||||
| OracleCOM · shares +58% · price +28.6% | 0.78% | $772.0M | +$109.0M | ||||||||
| Xylem IncCOM · shares +19% · price +14.0% | 0.78% | $766.7M | +$79.2M | ||||||||
| Berkshire Hathaway Inc DelCL B NEW · shares +4.3% · price +3.5% | 0.76% | $744.9M | +$24.1M | ||||||||
| SynopsysCOM · shares +14% · price −3.8% | 0.75% | $741.2M | −$25.4M | ||||||||
| ServiceNowCOM · shares +5.9% · price −10.5% | 0.75% | $736.4M | −$81.5M | ||||||||
| KLACOM NEW · shares +21% · price +20.4% | 0.72% | $707.7M | +$99.1M | ||||||||
| Merck & Co IncCOM · shares +6.0% · price +6.0% | 0.71% | $700.3M | +$37.6M | ||||||||
| CadenceCOM · shares −1.0% · price +14.0% | 0.70% | $688.3M | +$84.5M | ||||||||
| Total · 669 positions | 100% | $98.65B | +$6.87B |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q2 2025 to Q3 2025: 637 stocks held throughout, up $6.87B (+8.0%).
- Nvidia+$1.23B+18%
- Apple+$941.9M+24%
- Alphabet+$728.2M+37%
- Broadcom+$692.5M+20%
- Alphabet+$639.3M+38%
- Spotify Technology S A−$79.6M−9%
- ServiceNow−$81.5M−10%
- Fortinet−$82.8M−20%
- Salesforce−$92.7M−13%
- Accenture Plc Ireland−$100.3M−17%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q3 2026 | Oct 27, 2026 | $117.74B+2% | SEC ↗ |
| Q2 2026 | Jul 15, 2026 | $115.99B+22% | SEC ↗ |
| Q1 2026 | Apr 29, 2026 | $95.15B−8% | SEC ↗ |
| Q4 2025 | Feb 9, 2026 (amended) | $103.37B+5% | SEC ↗ |
| Q3 2025 | Oct 15, 2025 | $98.65B+11% | SEC ↗ |
| Q2 2025 | Jul 10, 2025 | $88.96B+9% | SEC ↗ |
| Q4 2024 | Jan 22, 2025 | $81.32B+4% | SEC ↗ |
| Q3 2024 | Oct 11, 2024 (amended) | $78.51B+5% | SEC ↗ |
| Q2 2024 | Jul 11, 2024 | $74.81B+6% | SEC ↗ |
| Q1 2024 | May 13, 2024 (amended) | $70.85B+14% | SEC ↗ |
| Q4 2023 | Dec 6, 2024 | $62.11B+8% | SEC ↗ |
| Q3 2023 | Dec 6, 2024 | $57.73B−2% | SEC ↗ |
| Q2 2023 | Dec 6, 2024 | $58.98B+16% | SEC ↗ |
| Q1 2023 | Dec 6, 2024 | $50.71B+12% | SEC ↗ |
| Q4 2022 | Dec 6, 2024 | $45.47B+8% | SEC ↗ |
| Q3 2022 | Dec 6, 2024 | $42.13B−5% | SEC ↗ |
| Q2 2022 | Dec 6, 2024 | $44.30B−18% | SEC ↗ |
| Q1 2022 | Dec 6, 2024 | $53.93B−10% | SEC ↗ |
| Q4 2021 | Dec 6, 2024 | $59.82B+12% | SEC ↗ |
| Q3 2021 | Dec 6, 2024 | $53.56B+0% | SEC ↗ |
| Q2 2021 | Dec 6, 2024 | $53.31B+11% | SEC ↗ |
| Q1 2021 | Dec 6, 2024 | $48.14B | SEC ↗ |