Swedbank

Bank

CIK

1633050

Location

STOCKHOLM, V7

Portfolio Value

Large $25,747,208,371

Diversification

Diversified

Filing Date

Global Rank

#147 / 5,890 ▼ 1 · as of Dec 2020

Top Industry

Software - Infrastructure 13.0%

3Y Alpha vs SPY

-10.5%

Period ended 5 years ago

Filed Feb 9, 2021 · 5y

4 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

+34.5%

SPY

+76.5%

Annualised alpha

-10.5%

Max drawdown

−19.5%

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

107 positions · as of Dec 31, 2020 · Δ vs Sep 30, 2020

Top Position

9.6%

−0.3 pts

Top 5

30.0%

−0.9 pts

Top 10

40.0%

−3.0 pts

HHI

281

Diversified−20

Portfolio Trend

4 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2020

Sector	% Portfolio	Value	Positions
Technology	40.6%	$10,447,976,573	27
Healthcare	15.8%	$4,064,942,112	20
Financial Services	15.3%	$3,939,041,251	12
Communication Services	7.5%	$1,919,944,340	12
Real Estate	5.5%	$1,418,994,675	7
Industrials	5.2%	$1,332,913,321	8
Consumer Cyclical	4.3%	$1,115,183,488	11
Consumer Defensive	4.3%	$1,112,670,777	7
Basic Materials	1.2%	$319,978,210	2
Utilities	0.3%	$75,563,624	1

Last Quarter's Activity

Export CSV

Dec 31, 2020 vs Sep 30, 2020

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
GPN	Global Payments Inc	+997,344	2,303,000	$496,112,260
JPM	Jpmorgan Chase & Co	+926,795	4,218,142	$535,999,303
ABT	Abbott Laboratories	+740,509	3,748,305	$410,401,914
MSFT	Microsoft Corp	+688,768	11,094,464	$2,467,630,682
FIS	Fidelity National Information Services, Inc.	+588,225	1,514,154	$214,192,224
PFE	Pfizer Inc	+565,427	4,325,914	$159,236,894
SPGI	S&P Global Inc.	+463,906	1,227,954	$381,897,132
PG	PROCTER & GAMBLE Co	+448,523	1,442,734	$200,742,008
IFF	International Flavors & Fragrances Inc	+350,726	797,991	$86,853,340
CI	Cigna Group	+350,227	1,340,814	$279,130,658
CSCO	Cisco Systems, Inc.	+333,132	7,644,025	$342,070,118
TMO	Thermo Fisher Scientific Inc.	+323,315	991,280	$461,718,398
FFIV	F5, Inc.	+316,694	1,399,796	$246,280,108
PLD	Prologis, Inc.	+294,073	5,074,117	$505,686,500
VFC	V F Corp	+232,507	1,221,885	$104,361,197
CL	Colgate Palmolive Co	+198,305	2,374,061	$203,005,956
NBIS	Nebius Group N.V.	+197,444	964,707	$0
KEYS	Keysight Technologies, Inc.	+190,916	3,633,406	$479,936,598
CDNS	Cadence Design Systems Inc	+178,199	1,642,088	$224,030,065
LLY	ELI LILLY & Co	+170,103	747,933	$126,281,007
EW	Edwards Lifesciences Corp	+163,441	1,515,082	$138,220,930
ACN	Accenture plc	+163,298	724,310	$189,197,015
VZ	Verizon Communications Inc	+162,590	3,219,663	$189,155,201
NVDA	Nvidia Corp	+151,167	1,678,471	$21,912,438
AMT	American Tower Corp /Ma/	+141,710	575,786	$129,240,925
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
UBER	Uber Technologies, Inc	−2,902,567	570,766	$29,109,066
INTC	Intel Corp	−1,438,726	3,831,195	$190,870,134
CIEN	Ciena Corp	−1,200,000	1,800,000	$95,130,000
MA	Mastercard Inc	−1,099,999	1,156,983	$412,973,512
ENPH	Enphase Energy, Inc.	−978,986	748,323	$131,308,236
PINS	Pinterest, Inc.	−970,193	6,203,271	$408,795,558
COST	Costco Wholesale Corp /New	−697,115	126,944	$47,829,960
CRM	Salesforce, Inc.	−640,719	1,482,417	$329,882,255
HRB	H&R Block Inc	−580,784	2,322,335	$36,832,233
ILMN	Illumina, Inc.	−402,973	217,441	$78,261,843
SEDG	Solaredge Technologies, Inc.	−365,675	2,740,597	$874,579,314
CBRE	Cbre Group, Inc.	−305,322	3,500,481	$219,550,168
V	Visa Inc.	−289,291	2,007,192	$439,033,106
CAH	Cardinal Health Inc	−280,937	2,227,172	$119,287,332
RHI	Robert Half Inc.	−242,925	2,399,419	$149,915,699
CNC	Centene Corp	−204,360	4,529,036	$271,878,031
ETSY	Etsy Inc	−176,420	323,580	$57,568,117
SPOT	Spotify Technology S.A.	−163,977	130,000	$40,905,800
DHR	Danaher Corp /De/	−160,395	996,040	$196,152,746
META	Meta Platforms, Inc.	−150,457	1,525,578	$416,726,886
BBY	Best Buy Co Inc	−131,148	1,425,438	$142,244,458
PYPL	PayPal Holdings, Inc.	−129,493	4,741,624	$1,110,488,340
AAPL	Apple Inc.	−125,332	14,997,812	$1,990,059,674
GILD	Gilead Sciences, Inc.	−120,802	2,642,929	$153,977,043
NFLX	Netflix Inc	−111,750	384,418	$20,786,634
No positions match the current search.

New Positions

Positions the filer opened this quarter

11 positions

Ticker	Company	Shares	Value
DG	Dollar General Corp	798,940	$168,017,082
VEEV	Veeva Systems Inc	525,522	$143,073,364
ON	On Semiconductor Corp	4,352,202	$142,447,571
MSCI	MSCI Inc.	304,736	$136,073,766
SYY	Sysco Corp	1,621,498	$120,412,441
SNAP	Snap Inc	2,343,937	$117,360,925
ORCL	Oracle Corp	1,691,924	$109,450,563
HSIC	Henry Schein Inc	1,585,257	$105,990,283
VRTX	Vertex Pharmaceuticals Inc / Ma	436,936	$103,265,454
UCTT	Ultra Clean Holdings, Inc.	3,300,000	$102,795,000
TSLA	Tesla, Inc.	192,300	$45,233,440
No positions match the current search.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
ROP	Roper Technologies Inc	182,201	$71,989,437
CTSH	Cognizant Technology Solutions Corp	475,764	$33,027,536
WELL	Welltower Inc.	452,883	$24,949,324
KSS	KOHLS Corp	957,673	$17,745,680
BX	Blackstone Inc.	115,244	$6,015,736
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

107 positions · $25,747,208,371 total · as of Dec 31, 2020

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

Showing 1–50 of 107 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSFT	Microsoft Corp Technology	Added	11,094,464	+688,768	$2,467,630,682	+12.7%	9.58%
AAPL	Apple Inc. Technology	Reduced	14,997,812	-125,332	$1,990,059,674	+13.6%	7.73%
ADBE	Adobe Inc. Technology	Added	2,559,750	+128,010	$1,280,182,170	+7.3%	4.97%
PYPL	PayPal Holdings, Inc. Financial Services	Reduced	4,741,624	-129,493	$1,110,488,340	+15.7%	4.31%
SEDG	Solaredge Technologies, Inc. Technology	Reduced	2,740,597	-365,675	$874,579,314	+18.1%	3.40%
JPM	Jpmorgan Chase & Co Financial Services	Added	4,218,142	+926,795	$535,999,303	+69.2%	2.08%
UNH	Unitedhealth Group Inc Healthcare	Added	1,501,396	+21,504	$526,509,549	+14.1%	2.04%
SNPS	Synopsys Inc Technology	Added	1,964,721	+9,413	$509,334,272	+21.7%	1.98%
PLD	Prologis, Inc. Real Estate	Added	5,074,117	+294,073	$505,686,500	+5.1%	1.96%
GPN	Global Payments Inc Industrials	Added	2,303,000	+997,344	$496,112,260	+114.0%	1.93%
KEYS	Keysight Technologies, Inc. Technology	Added	3,633,406	+190,916	$479,936,598	+41.1%	1.86%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	991,280	+323,315	$461,718,398	+56.6%	1.79%
V	Visa Inc. Financial Services	Reduced	2,007,192	-289,291	$439,033,106	−4.4%	1.71%
META	Meta Platforms, Inc. Communication Services	Reduced	1,525,578	-150,457	$416,726,886	−5.1%	1.62%
MA	Mastercard Inc Financial Services	Reduced	1,156,983	-1,099,999	$412,973,512	−45.9%	1.60%
ABT	Abbott Laboratories Healthcare	Added	3,748,305	+740,509	$410,401,914	+25.4%	1.59%
PINS	Pinterest, Inc. Communication Services	Reduced	6,203,271	-970,193	$408,795,558	+37.3%	1.59%
SPGI	S&P Global Inc. Financial Services	Added	1,227,954	+463,906	$381,897,132	+46.5%	1.48%
MRK	Merck & Co., Inc. Healthcare	Added	4,388,574	+124,717	$342,543,121	+1.5%	1.33%
CSCO	Cisco Systems, Inc. Technology	Added	7,644,025	+333,132	$342,070,118	+18.8%	1.33%
CRM	Salesforce, Inc. Technology	Reduced	1,482,417	-640,719	$329,882,255	−38.2%	1.28%
DIS	Walt Disney Co Communication Services	Added	1,628,790	+101,039	$295,104,172	+55.7%	1.15%
CI	Cigna Group Healthcare	Added	1,340,814	+350,227	$279,130,658	+66.3%	1.08%
CNC	Centene Corp Healthcare	Reduced	4,529,036	-204,360	$271,878,031	−1.5%	1.06%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	1,146,422	-1,907	$265,820,869	+8.7%	1.03%
FFIV	F5, Inc. Technology	Added	1,399,796	+316,694	$246,280,108	+85.2%	0.96%
ECL	Ecolab Inc. Basic Materials	Added	1,077,486	+51,959	$233,124,870	+13.8%	0.91%
CDNS	Cadence Design Systems Inc Technology	Added	1,642,088	+178,199	$224,030,065	+43.5%	0.87%
TGT	Target Corp Consumer Defensive	Reduced	1,248,524	-111,500	$220,401,941	+2.9%	0.86%
CBRE	Cbre Group, Inc. Real Estate	Reduced	3,500,481	-305,322	$219,550,168	+22.8%	0.85%
EQIX	Equinix Inc Real Estate	Added	300,541	+133,965	$214,640,371	+69.5%	0.83%
FIS	Fidelity National Information Services, Inc. Technology	Added	1,514,154	+588,225	$214,192,224	+57.1%	0.83%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	784,872	-5,946	$208,477,700	−5.1%	0.81%
CL	Colgate Palmolive Co Consumer Defensive	Added	2,374,061	+198,305	$203,005,956	+20.9%	0.79%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	1,442,734	+448,523	$200,742,008	+45.3%	0.78%
TTWO	Take Two Interactive Software Inc Communication Services	Added	952,143	+47,323	$197,845,793	+32.3%	0.77%
DHR	Danaher Corp /De/ Healthcare	Reduced	996,040	-160,395	$196,152,746	−11.1%	0.76%
EA	Electronic Arts Inc. Communication Services	Added	1,331,807	+123,310	$191,247,485	+21.3%	0.74%
INTC	Intel Corp Technology	Reduced	3,831,195	-1,438,726	$190,870,134	−30.1%	0.74%
ACN	Accenture plc Technology	Added	724,310	+163,298	$189,197,015	+49.2%	0.73%
VZ	Verizon Communications Inc Communication Services	Added	3,219,663	+162,590	$189,155,201	+4.0%	0.73%
C	Citigroup Inc Financial Services	Added	3,034,569	+118,169	$187,111,524	+48.8%	0.73%
GS	Goldman Sachs Group Inc Financial Services	Added	706,012	+128,606	$186,182,424	+60.4%	0.72%
IBM	International Business Machines Corp Technology	Reduced	1,488,290	-75,684	$179,107,069	−1.5%	0.70%
DG	Dollar General Corp Consumer Defensive	NEW	798,940	NEW	$168,017,082	NEW	0.65%
SBUX	Starbucks Corp Consumer Cyclical	Added	1,558,438	+20,055	$166,721,697	+26.1%	0.65%
PFE	Pfizer Inc Healthcare	Added	4,325,914	+565,427	$159,236,894	+21.6%	0.62%
POOL	Pool Corp Industrials	Added	424,697	+65,697	$158,199,632	+31.7%	0.61%
NSC	Norfolk Southern Corp Industrials	Added	662,623	+5,167	$157,445,851	+11.9%	0.61%
GILD	Gilead Sciences, Inc. Healthcare	Reduced	2,642,929	-120,802	$153,977,043	−11.8%	0.60%