Cardano Risk Management B.V.

CIK

1619124

Location

ROTTERDAM, P7

Portfolio Value

Mid $9,340,215,972

Diversification

Diversified

Filing Date

Global Rank

#442 / 8,604 ▲ 12 · as of Mar 2026

Top Industry

Semiconductors 21.7%

3Y Alpha vs SPY

-1.1%

Period ended 3 months ago

Filed Apr 20, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

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

Cloned portfolio

+74.5%

SPY

+76.5%

Annualised alpha

-0.5%

Max drawdown

−23.9%

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

40 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

15.1%

−0.9 pts

Top 5

47.8%

−5.1 pts

Top 10

63.5%

−7.3 pts

HHI

629

Diversified−123

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	49.7%	$4,645,092,454	13
Consumer Cyclical	13.2%	$1,232,940,066	5
Financial Services	11.7%	$1,093,755,172	7
Communication Services	7.5%	$701,006,385	3
Healthcare	6.8%	$632,049,632	5
Consumer Defensive	4.7%	$440,615,004	3
Real Estate	3.8%	$353,453,918	2
Energy	2.5%	$229,062,774	1
Unclassified	0.1%	$12,240,567	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

23 positions

Ticker	Company	Δ Shares	Shares	Value
NVDA	Nvidia Corp	+262,042	8,074,438	$1,408,181,987
AAPL	Apple Inc.	+189,481	4,387,962	$1,113,620,875
BAC	Bank Of America Corp /De/	+144,643	2,654,169	$129,390,738
NFLX	Netflix Inc	+123,151	1,482,395	$142,532,279
AMZN	Amazon Com Inc	+121,197	2,907,437	$605,531,903
KO	Coca Cola Co	+93,305	1,536,524	$116,852,650
GOOGL	Alphabet Inc.	+89,351	1,541,879	$443,382,725
MSFT	Microsoft Corp	+67,481	2,424,306	$897,405,352
PLD	Prologis, Inc.	+59,437	1,182,310	$156,277,735
AVGO	Broadcom Inc.	+50,950	1,319,930	$408,531,534
WELL	Welltower Inc.	+45,946	997,300	$197,176,183
TSLA	Tesla, Inc.	+39,304	859,510	$319,522,842
PLTR	Palantir Technologies Inc.	+39,053	697,616	$102,047,268
JPM	Jpmorgan Chase & Co	+20,705	888,058	$261,231,141
MRK	Merck & Co., Inc.	+17,749	979,681	$117,845,827
ORCL	Oracle Corp	+16,858	515,959	$75,902,728
HD	Home Depot, Inc.	+16,304	345,358	$113,584,792
LLY	ELI LILLY & Co	+13,336	250,841	$230,716,026
AMD	Advanced Micro Devices Inc	+12,341	479,647	$97,574,589
COST	Costco Wholesale Corp /New	+8,735	187,243	$186,574,542
CRM	Salesforce, Inc.	+7,645	396,006	$73,922,440
UNH	Unitedhealth Group Inc	+6,724	259,094	$70,108,245
FISV	Fiserv Inc	+2,128	219,365	$12,240,567
No positions match the current search.

Trimmed

Positions the filer reduced

9 positions

Ticker	Company	Δ Shares	Shares	Value
BKR	Baker Hughes Co	−1,183,279	3,752,052	$229,062,774
NOW	ServiceNow, Inc.	−38,080	453,666	$47,430,780
V	Visa Inc.	−21,814	799,547	$241,655,085
SPGI	S&P Global Inc.	−9,316	166,707	$70,907,155
ABBV	AbbVie Inc.	−7,823	536,670	$116,720,358
MA	Mastercard Inc	−4,559	402,662	$201,194,094
ADP	Automatic Data Processing Inc	−2,547	353,771	$71,879,191
PG	PROCTER & GAMBLE Co	−2,353	949,791	$137,187,812
BKNG	Booking Holdings Inc.	−1,135	20,673	$87,039,941
No positions match the current search.

New Positions

Positions the filer opened this quarter

8 positions

Ticker	Company	Shares	Value
AMAT	Applied Materials Inc /De	382,307	$130,668,709
VZ	Verizon Communications Inc	2,292,657	$115,091,381
MU	Micron Technology Inc	336,884	$113,812,890
TJX	Tjx Companies Inc /De/	671,638	$107,260,588
KLAC	Kla Corp	70,710	$104,114,111
GS	Goldman Sachs Group Inc	116,003	$98,137,377
AMGN	Amgen Inc	274,717	$96,659,176
MS	Morgan Stanley	554,412	$91,239,582
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

40 positions · $9,340,215,972 total · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Real Estate Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Added	8,074,438	+262,042	$1,408,181,987	−3.4%	15.08%
AAPL	Apple Inc. Technology	Added	4,387,962	+189,481	$1,113,620,875	−2.4%	11.92%
MSFT	Microsoft Corp Technology	Added	2,424,306	+67,481	$897,405,352	−21.3%	9.61%
AMZN	Amazon Com Inc Consumer Cyclical	Added	2,907,437	+121,197	$605,531,903	−5.8%	6.48%
GOOGL	Alphabet Inc. Communication Services	Added	1,541,879	+89,351	$443,382,725	−2.5%	4.75%
AVGO	Broadcom Inc. Technology	Added	1,319,930	+50,950	$408,531,534	−7.0%	4.37%
TSLA	Tesla, Inc. Consumer Cyclical	Added	859,510	+39,304	$319,522,842	−13.4%	3.42%
JPM	Jpmorgan Chase & Co Financial Services	Added	888,058	+20,705	$261,231,141	−6.5%	2.80%
V	Visa Inc. Financial Services	Reduced	799,547	-21,814	$241,655,085	−16.1%	2.59%
LLY	ELI LILLY & Co Healthcare	Added	250,841	+13,336	$230,716,026	−9.6%	2.47%
BKR	Baker Hughes Co Energy	Reduced	3,752,052	-1,183,279	$229,062,774	+1.9%	2.45%
MA	Mastercard Inc Financial Services	Reduced	402,662	-4,559	$201,194,094	−13.5%	2.15%
WELL	Welltower Inc. Real Estate	Added	997,300	+45,946	$197,176,183	+11.7%	2.11%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	187,243	+8,735	$186,574,542	+21.2%	2.00%
PLD	Prologis, Inc. Real Estate	Added	1,182,310	+59,437	$156,277,735	+9.0%	1.67%
NFLX	Netflix Inc Communication Services	Added	1,482,395	+123,151	$142,532,279	+11.8%	1.53%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	949,791	-2,353	$137,187,812	+0.5%	1.47%
AMAT	Applied Materials Inc /De Technology	NEW	382,307	NEW	$130,668,709	NEW	1.40%
BAC	Bank Of America Corp /De/ Financial Services	Added	2,654,169	+144,643	$129,390,738	−6.3%	1.39%
MRK	Merck & Co., Inc. Healthcare	Added	979,681	+17,749	$117,845,827	+16.4%	1.26%
KO	Coca Cola Co Consumer Defensive	Added	1,536,524	+93,305	$116,852,650	+15.8%	1.25%
ABBV	AbbVie Inc. Healthcare	Reduced	536,670	-7,823	$116,720,358	−6.2%	1.25%
VZ	Verizon Communications Inc Communication Services	NEW	2,292,657	NEW	$115,091,381	NEW	1.23%
MU	Micron Technology Inc Technology	NEW	336,884	NEW	$113,812,890	NEW	1.22%
HD	Home Depot, Inc. Consumer Cyclical	Added	345,358	+16,304	$113,584,792	+0.3%	1.22%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	NEW	671,638	NEW	$107,260,588	NEW	1.15%
KLAC	Kla Corp Technology	NEW	70,710	NEW	$104,114,111	NEW	1.11%
PLTR	Palantir Technologies Inc. Technology	Added	697,616	+39,053	$102,047,268	−12.8%	1.09%
GS	Goldman Sachs Group Inc Financial Services	NEW	116,003	NEW	$98,137,377	NEW	1.05%
AMD	Advanced Micro Devices Inc Technology	Added	479,647	+12,341	$97,574,589	−2.5%	1.04%
AMGN	Amgen Inc Healthcare	NEW	274,717	NEW	$96,659,176	NEW	1.03%
MS	Morgan Stanley Financial Services	NEW	554,412	NEW	$91,239,582	NEW	0.98%
BKNG	Booking Holdings Inc. Consumer Cyclical	Reduced	20,673	-1,135	$87,039,941	−25.5%	0.93%
ORCL	Oracle Corp Technology	Added	515,959	+16,858	$75,902,728	−22.0%	0.81%
CRM	Salesforce, Inc. Technology	Added	396,006	+7,645	$73,922,440	−28.1%	0.79%
ADP	Automatic Data Processing Inc Technology	Reduced	353,771	-2,547	$71,879,191	−21.6%	0.77%
SPGI	S&P Global Inc. Financial Services	Reduced	166,707	-9,316	$70,907,155	−22.9%	0.76%
UNH	Unitedhealth Group Inc Healthcare	Added	259,094	+6,724	$70,108,245	−15.8%	0.75%
NOW	ServiceNow, Inc. Technology	Reduced	453,666	-38,080	$47,430,780	−37.0%	0.51%
FISV	Fiserv Inc	Added	219,365	+2,128	$12,240,567	−16.1%	0.13%