Fjarde AP-fonden (The Fourth Swedish National Pensionfund)

Pension

CIK

1537626

Location

STOCKHOLM, V7

Portfolio Value

Mid $8,224,437,064

Diversification

Diversified

Filing Date

Jun 30, 2024

Global Rank

#415 / 7,308 · as of Jun 2024

Top Industry

Semiconductors 10.0%

3Y Alpha vs SPY

-1.4%

Period ended 2 years ago

Filed Aug 2, 2024 · 1y

Clone Performance

Aug 2024–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+37.0%

SPY

+39.6%

Annualised alpha

-1.1%

Max drawdown

−18.5%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

510 positions · as of Jun 30, 2024

Top Position

6.7%

of portfolio value

Top 5

26.2%

of portfolio value

Top 10

34.3%

of portfolio value

HHI

191

Diversified

Sector Breakdown

As of Jun 30, 2024

Sector	% Portfolio	Value	Positions
Technology	33.9%	$2,788,593,538	105
Healthcare	15.2%	$1,251,861,355	73
Financial Services	14.0%	$1,154,767,978	81
Consumer Cyclical	10.4%	$858,019,252	58
Consumer Defensive	8.2%	$671,144,864	37
Communication Services	8.1%	$669,214,648	23
Industrials	6.6%	$542,286,084	73
Real Estate	2.3%	$192,712,708	37
Utilities	0.5%	$42,669,077	7
Basic Materials	0.3%	$26,733,718	12
Unclassified	0.2%	$15,959,733	2
Energy	0.1%	$10,474,109	2

Portfolio Positions

Compact Export CSV View 13F filing

510 positions · $8,224,437,064 total · as of Jun 30, 2024

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 510 positions by value · page 1 of 11

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	First	4,439,649	—	$548,474,237	—	6.67%
AAPL	Apple Inc. Technology	First	2,587,769	—	$545,035,906	—	6.63%
MSFT	Microsoft Corp Technology	First	1,218,980	—	$544,823,111	—	6.62%
AMZN	Amazon Com Inc Consumer Cyclical	First	1,503,046	—	$290,463,639	—	3.53%
META	Meta Platforms, Inc. Communication Services	First	440,798	—	$222,259,167	—	2.70%
GOOGL	Alphabet Inc. Communication Services	First	1,066,220	—	$194,211,973	—	2.36%
LLY	ELI LILLY & Co Healthcare	First	169,714	—	$153,655,661	—	1.87%
PG	PROCTER & GAMBLE Co Consumer Defensive	First	671,134	—	$110,683,419	—	1.35%
JNJ	Johnson & Johnson Healthcare	First	747,613	—	$109,271,116	—	1.33%
UNH	Unitedhealth Group Inc Healthcare	First	202,018	—	$102,879,686	—	1.25%
V	Visa Inc. Financial Services	First	370,683	—	$97,293,167	—	1.18%
JPM	Jpmorgan Chase & Co Financial Services	First	457,314	—	$92,496,329	—	1.12%
TSLA	Tesla, Inc. Consumer Cyclical	First	461,462	—	$91,314,100	—	1.11%
KO	Coca Cola Co Consumer Defensive	First	1,338,306	—	$85,183,176	—	1.04%
HD	Home Depot, Inc. Consumer Cyclical	First	241,909	—	$83,274,754	—	1.01%
ABBV	AbbVie Inc. Healthcare	First	482,784	—	$82,807,111	—	1.01%
BRK-B	Berkshire Hathaway Inc Financial Services	First	198,959	—	$80,936,521	—	0.98%
COST	Costco Wholesale Corp /New Consumer Defensive	First	92,356	—	$78,501,676	—	0.95%
MA	Mastercard Inc Financial Services	First	175,539	—	$77,440,785	—	0.94%
PEP	Pepsico Inc Consumer Defensive	First	423,808	—	$69,898,653	—	0.85%
CSCO	Cisco Systems, Inc. Technology	First	1,460,968	—	$69,410,589	—	0.84%
MRK	Merck & Co., Inc. Healthcare	First	530,729	—	$65,704,250	—	0.80%
WMT	Walmart Inc. Consumer Defensive	First	926,100	—	$62,706,231	—	0.76%
MCD	Mcdonalds Corp Consumer Cyclical	First	227,570	—	$57,993,938	—	0.71%
TXN	Texas Instruments Inc Technology	First	283,031	—	$55,058,020	—	0.67%
VZ	Verizon Communications Inc Communication Services	First	1,325,082	—	$54,646,381	—	0.66%
ADBE	Adobe Inc. Technology	First	97,623	—	$54,233,481	—	0.66%
IBM	International Business Machines Corp Technology	First	281,181	—	$48,630,253	—	0.59%
ACN	Accenture plc Technology	First	154,358	—	$46,833,760	—	0.57%
QCOM	Qualcomm Inc/De Technology	First	233,634	—	$46,535,220	—	0.57%
AMGN	Amgen Inc Healthcare	First	147,762	—	$46,168,236	—	0.56%
BAC	Bank Of America Corp /De/ Financial Services	First	1,139,470	—	$45,316,721	—	0.55%
AMAT	Applied Materials Inc /De Technology	First	180,672	—	$42,636,785	—	0.52%
AMD	Advanced Micro Devices Inc Technology	First	260,202	—	$42,207,366	—	0.51%
ORCL	Oracle Corp Technology	First	294,668	—	$41,607,121	—	0.51%
CRM	Salesforce, Inc. Technology	First	152,555	—	$39,221,890	—	0.48%
PFE	Pfizer Inc Healthcare	First	1,370,671	—	$38,351,374	—	0.47%
INTU	Intuit Inc. Technology	First	56,040	—	$36,830,048	—	0.45%
CAT	Caterpillar Inc Industrials	First	110,146	—	$36,689,632	—	0.45%
CMCSA	Comcast Corp Communication Services	First	942,791	—	$34,601,372	—	0.42%
VRTX	Vertex Pharmaceuticals Inc / Ma Healthcare	First	71,188	—	$33,367,239	—	0.41%
TMO	Thermo Fisher Scientific Inc. Healthcare	First	60,265	—	$33,326,545	—	0.41%
WFC	Wells Fargo & Company/Mn Financial Services	First	559,845	—	$33,249,194	—	0.40%
GE	General Electric Co Industrials	First	208,565	—	$33,155,578	—	0.40%
MRSH	Marsh & Mclennan Companies, Inc. Financial Services	First	148,031	—	$31,193,092	—	0.38%
REGN	Regeneron Pharmaceuticals, Inc. Healthcare	First	29,252	—	$30,744,729	—	0.37%
DHR	Danaher Corp /De/ Healthcare	First	122,772	—	$30,674,584	—	0.37%
DIS	Walt Disney Co Communication Services	First	302,700	—	$30,055,083	—	0.37%
ISRG	Intuitive Surgical Inc Healthcare	First	67,479	—	$30,018,033	—	0.36%
TMUS	T-Mobile US, Inc. Communication Services	First	170,154	—	$29,977,731	—	0.36%