Handelsinvest Investeringsforvaltning

CIK

1659997

Location

HERNING, G7

Portfolio Value

Small $199,853,528

Diversification

Diversified

Filing Date

Global Rank

#5,132 / 7,434 ▼ 629 · as of Mar 2024

Top Industry

Software - Infrastructure 8.4%

Period ended 2 years ago

Filed Apr 19, 2024 · 2y

17 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Mar 31, 2024, never from the firm's own description.

Style

Diversified active

Top 10 weight 26.9%, 80.8 effective positions, active share 56.4% against the Russell 1000 as of 2024-03-31; it meets none of the index-like, systematic-like or concentrated tests

Turnover

High turnover

101.2% over the last four quarters (100%+)

Horizon

Horizon unknown

The value-weighted holding period is at least 5.4 quarters, but 21.3% of the book was already held when coverage starts

Closest benchmark: the Russell 1000 as of 2024-03-31, active share 56.4%; sector active share 18.6% against the combined 13F book's sector weights.

Over time 17 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

311 tracked positions · as of Mar 31, 2024 · Δ vs Dec 31, 2023

Top Position

5.1%

+0.1 pts

Top 5

19.0%

+1.3 pts

Top 10

26.9%

+2.9 pts

HHI

124

Diversified+17

Portfolio Trend

17 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2024

Sector	% Portfolio	Value	Positions
Technology	29.3%	$58,627,955	61
Healthcare	13.7%	$27,303,070	44
Financial Services	12.9%	$25,705,236	45
Consumer Cyclical	12.7%	$25,462,740	44
Industrials	11.5%	$22,927,573	46
Consumer Defensive	6.2%	$12,444,919	13
Communication Services	6.2%	$12,400,232	8
Real Estate	4.3%	$8,621,110	22
Basic Materials	3.2%	$6,356,855	12
Unclassified	0.0%	$3,838	16

Last Quarter's Activity

Export CSV

Mar 31, 2024 vs Dec 31, 2023

Added To

Positions the filer increased

8 positions

Ticker	Company	Δ Shares	Shares	Value
WMT	Walmart Inc.	+20,114	33,168	$1,995,718
LKQ	Lkq Corp	+4,326	20,662	$1,103,557
ACM	Aecom	+3,714	13,665	$1,340,263
QFIN	Qfin Holdings, Inc.	+1,353	10,828	$199,560
MDLZ	Mondelez International, Inc.	+342	23,123	$1,618,610
FSLR	First Solar, Inc.	+342	7,198	$1,215,022
ADBE	Adobe Inc.	+204	3,494	$1,763,072
AZO	Autozone Inc	+58	550	$1,733,407
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
MAT	Mattel Inc	−37,245	8,967	$177,636
JBLU	Jetblue Airways Corp	−21,069	40,581	$301,111
MPT	Medical Properties Trust Inc	−18,057	34,779	$163,461
NWL	Newell Brands Inc.	−11,488	22,126	$177,671
MQ	Marqeta, Inc.	−11,393	21,945	$130,792
HR	Healthcare Realty Trust Inc	−10,521	20,265	$286,749
ELAN	Elanco Animal Health Inc	−10,124	19,500	$317,460
AAPL	Apple Inc.	−9,994	39,685	$6,805,183
AAL	American Airlines Group Inc.	−9,719	18,721	$287,367
APG	APi Group Corp	−9,355	34,507	$1,355,089
HOOD	Robinhood Markets, Inc.	−9,213	17,744	$357,186
AMZN	Amazon Com Inc	−8,808	34,787	$6,274,879
IVZ	Invesco Ltd.	−8,607	16,580	$275,062
NLY	Annaly Capital Management Inc	−8,506	16,382	$322,561
NWSA	News Corp	−8,167	15,731	$411,837
FHN	First Horizon Corp	−8,045	15,495	$238,623
NCLH	Norwegian Cruise Line Holdings Ltd.	−7,957	15,326	$320,773
KIM	Kimco Realty Corp	−7,307	14,073	$275,971
JPM	Jpmorgan Chase & Co	−7,132	16,351	$3,275,105
VFC	V F Corp	−6,998	13,480	$206,783
HOMB	Home Bancshares Inc	−6,662	12,833	$315,306
PATH	UiPath, Inc.	−6,638	12,786	$289,858
MSFT	Microsoft Corp	−6,546	24,357	$10,247,477
LYFT	Lyft, Inc.	−6,394	12,316	$238,314
CLF	Cleveland-Cliffs Inc.	−6,392	12,313	$279,997
No positions match the current search.

New Positions

Positions the filer opened this quarter

6 positions

Ticker	Company	Shares	Value
META	Meta Platforms, Inc.	8,538	$4,145,882
AVGO	Broadcom Inc.	2,139	$2,835,051
SHW	Sherwin Williams Co	2,879	$999,963
CRH	Crh Public Ltd Co	8,464	$730,104
NXT	Nextpower Inc.	1,668	$93,858
—		65,371	$282
No positions match the current search.

Sold Out

Positions the filer fully exited

8 positions

Ticker	Company	Shares	Value
NFLX	Netflix Inc	3,817	$1,858,420
ADI	Analog Devices Inc	6,365	$1,263,834
ON	On Semiconductor Corp	13,607	$1,136,592
JCI	Johnson Controls International plc	15,355	$885,062
TCOM	Trip.com Group Ltd	10,292	$370,614
—		1,839	$582
—		3,110	$183
—		954	$6
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

311 tracked positions · $199,853,528 total · filing declares 317 positions · $208,049 · as of Mar 31, 2024

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

Showing 1–50 of 311 positions by value · page 1 of 7

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
MSFT	Microsoft Corp Technology	Reduced	24,357	-6,546	$10,247,477	−11.8%	17+	before history	5.13%
NVDA	Nvidia Corp Technology	Reduced	8,589	-2,764	$7,760,676	+38.0%	17+	before history	3.88%
AAPL	Apple Inc. Technology	Reduced	39,685	-9,994	$6,805,183	−28.9%	17+	before history	3.41%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	34,787	-8,808	$6,274,879	−5.3%	2	$140.18	3.14%
GOOGL	Alphabet Inc. Communication Services	Reduced	31,227	-4,580	$4,713,091	−5.8%	2	$134.36	2.36%
META	Meta Platforms, Inc. Communication Services	NEW	8,538	NEW	$4,145,882	NEW	1	$446.07	2.07%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	16,351	-7,132	$3,275,105	−18.0%	2	$151.54	1.64%
LLY	ELI LILLY & Co Healthcare	Reduced	3,721	-672	$2,894,789	+13.0%	17+	before history	1.45%
AVGO	Broadcom Inc. Technology	NEW	2,139	NEW	$2,835,051	NEW	1	$1,239.00	1.42%
V	Visa Inc. Financial Services	Reduced	9,235	-1,668	$2,577,303	−9.2%	2	$246.48	1.29%
MA	Mastercard Inc Financial Services	Reduced	5,229	-945	$2,518,129	−4.4%	17+	before history	1.26%
UNH	Unitedhealth Group Inc Healthcare	Reduced	4,749	-411	$2,349,330	−13.5%	17+	before history	1.18%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	14,081	-515	$2,284,642	+6.8%	2	$148.11	1.14%
MRK	Merck & Co., Inc. Healthcare	Reduced	16,284	-2,943	$2,148,673	+2.5%	2	$103.80	1.08%
GOOG	Alphabet Inc. Communication Services	Reduced	14,106	-4,982	$2,147,779	−20.2%	17+	before history	1.07%
JNJ	Johnson & Johnson Healthcare	Reduced	13,076	-2,362	$2,068,492	−14.5%	2	$153.34	1.04%
TMO	Thermo Fisher Scientific Inc. Healthcare	Reduced	3,456	-625	$2,008,661	−7.3%	17+	before history	1.01%
WMT	Walmart Inc. Consumer Defensive	Added	33,168	+20,114	$1,995,718	−3.0%	2	$52.91	1.00%
KO	Coca Cola Co Consumer Defensive	Reduced	30,436	-5,499	$1,862,074	−12.1%	2	$56.80	0.93%
AMD	Advanced Micro Devices Inc Technology	Reduced	10,107	-3,230	$1,824,212	−7.2%	2	$117.86	0.91%
ACN	Accenture plc Technology	Reduced	5,202	-1,063	$1,803,065	−18.0%	2	$322.39	0.90%
AMAT	Applied Materials Inc Technology	Reduced	8,730	-1,578	$1,800,387	+7.8%	2	$146.92	0.90%
ADBE	Adobe Inc. Technology	Added	3,494	+204	$1,763,072	−10.2%	2	$576.55	0.88%
AZO	Autozone Inc Consumer Cyclical	Added	550	+58	$1,733,407	+36.3%	2	$2,621.43	0.87%
MDLZ	Mondelez International, Inc. Consumer Defensive	Added	23,123	+342	$1,618,610	−1.9%	2	$68.59	0.81%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	6,336	-1,145	$1,613,969	−3.1%	2	$202.70	0.81%
ORCL	Oracle Corp Technology	Reduced	12,644	-2,276	$1,588,212	+1.0%	2	$109.14	0.79%
ICE	Intercontinental Exchange, Inc. Financial Services	Reduced	11,229	-2,028	$1,543,201	−9.4%	2	$113.38	0.77%
CB	Chubb Ltd Financial Services	Reduced	5,926	-1,071	$1,535,604	−2.9%	2	$218.69	0.77%
LIN	Linde PLC Basic Materials	Reduced	3,300	-596	$1,532,256	−4.2%	2	$394.34	0.77%
GDDY	GoDaddy Inc. Technology	Reduced	12,493	-3,473	$1,482,669	−12.5%	2	$89.43	0.74%
INTU	Intuit Inc. Technology	Reduced	2,232	-404	$1,450,800	−11.9%	10	$500.85	0.73%
PH	Parker-Hannifin Corp Industrials	Reduced	2,584	-56	$1,436,161	+18.1%	2	$416.29	0.72%
VRTX	Vertex Pharmaceuticals Inc Healthcare	Reduced	3,375	-610	$1,410,783	−13.0%	2	$369.42	0.71%
HWM	Howmet Aerospace Inc. Industrials	Reduced	20,566	-3,716	$1,407,331	+7.1%	2	$49.33	0.70%
NOW	ServiceNow, Inc. Technology	Reduced	1,810	-327	$1,379,944	−8.6%	2	$630.22	0.69%
ROP	Roper Technologies Inc Technology	Reduced	2,425	-438	$1,360,037	−12.9%	2	$515.10	0.68%
AJG	Arthur J. Gallagher & Co. Financial Services	Reduced	5,437	-983	$1,359,467	−5.8%	2	$236.86	0.68%
APG	APi Group Corp Industrials	Reduced	34,507	-9,355	$1,355,089	−10.7%	2	$28.92	0.68%
MCK	Mckesson Corp Healthcare	Reduced	2,508	-453	$1,346,419	−1.8%	2	$454.73	0.67%
SPGI	S&P Global Inc. Financial Services	Reduced	3,162	-571	$1,345,272	−18.2%	2	unpriced	0.67%
PWR	Quanta Services, Inc. Industrials	Reduced	5,173	-906	$1,343,945	+2.4%	9	$113.67	0.67%
ACM	Aecom Industrials	Added	13,665	+3,714	$1,340,263	+45.7%	2	$86.37	0.67%
ELV	Elevance Health, Inc. Healthcare	Reduced	2,567	-464	$1,331,092	−6.9%	2	$462.41	0.67%
TJX	Tjx Companies Inc Consumer Cyclical	Reduced	13,074	-3,820	$1,325,965	−16.3%	2	$89.71	0.66%
PLD	Prologis, Inc. Real Estate	Reduced	9,577	-1,731	$1,247,116	−17.3%	2	$113.52	0.62%
FSLR	First Solar, Inc. Technology	Added	7,198	+342	$1,215,022	+2.9%	3	$185.02	0.61%
RSG	Republic Services, Inc. Industrials	Reduced	6,256	-1,130	$1,197,648	−1.7%	2	$155.14	0.60%
USFD	US Foods Holding Corp. Consumer Defensive	Reduced	22,094	-5,863	$1,192,413	−6.1%	2	$41.36	0.60%
WH	Wyndham Hotels & Resorts, Inc. Consumer Cyclical	Reduced	15,125	-3,729	$1,160,843	−23.4%	2	$75.23	0.58%

Showing the top 50 of 311 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.