Maj Invest Holding A/S

CIK

1730525

Location

COPENHAGEN K, G7

Portfolio Value

Mid $2,199,344,258

Diversification

Diversified

Filing Date

Global Rank

#206 / 2,968 ▲ 913

Top Industry

Internet Content & Information 13.1%

3Y Alpha vs SPY

+1.5%

Period ended 29 days ago

Filed Jul 9, 2026 · 20d

26 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+74.7%

SPY

+67.9%

Annualised alpha

+1.6%

Max drawdown

−13.6%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

40 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

8.8%

+0.0 pts

Top 5

38.1%

+1.4 pts

Top 10

65.8%

+1.0 pts

HHI

582

Diversified+15

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	22.3%	$490,913,503	8
Technology	22.1%	$486,216,100	8
Healthcare	15.7%	$345,393,318	9
Industrials	14.5%	$319,808,507	7
Communication Services	13.1%	$288,522,513	3
Consumer Cyclical	5.8%	$127,781,092	3
Consumer Defensive	4.5%	$98,873,497	1
Basic Materials	1.9%	$41,835,728	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

6 positions

Ticker	Company	Δ Shares	Shares	Value
KR	Kroger Co	+264,937	1,780,542	$98,873,497
AXP	American Express Co	+61,316	375,514	$127,017,610
HCA	HCA Healthcare, Inc.	+60,011	232,486	$90,643,966
CI	Cigna Group	+53,240	443,993	$122,399,990
META	Meta Platforms, Inc.	+47,135	302,931	$170,638,002
MRNA	Moderna, Inc.	+500	1,490	$104,344
No positions match the current search.

Trimmed

Positions the filer reduced

18 positions

Ticker	Company	Δ Shares	Shares	Value
CSX	Csx Corp	−1,059,954	2,526,725	$120,095,239
HPQ	Hp Inc	−984,551	7,474,697	$163,994,852
QCOM	Qualcomm Inc/De	−343,099	1,049,807	$193,993,835
AMAT	Applied Materials Inc /De	−241,845	176,751	$127,790,973
UNP	Union Pacific Corp	−174,494	349,171	$94,974,512
UPS	United Parcel Service Inc	−128,641	969,545	$104,226,087
ZTS	Zoetis Inc.	−78,471	596,697	$42,878,646
LOW	Lowes Companies Inc	−61,461	465,406	$102,617,368
AFL	Aflac Inc	−61,154	513,359	$60,191,342
BRK-B	Berkshire Hathaway Inc	−52,528	364,813	$182,548,777
SCI	Service Corp International	−43,653	331,276	$25,163,724
GOOGL	Alphabet Inc.	−43,592	329,595	$117,787,365
AMP	Ameriprise Financial Inc	−34,712	262,966	$120,638,282
NEM	NEWMONT Corp /DE/	−31,631	447,920	$41,835,728
ELV	Elevance Health, Inc.	−30,183	229,987	$88,942,872
INTC	Intel Corp	−850	1,150	$160,574
V	Visa Inc.	−300	450	$154,390
TXN	Texas Instruments Inc	−275	375	$111,776
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

40 tracked positions · $2,199,344,258 total · as of Jun 30, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
QCOM	Qualcomm Inc/De Technology	Reduced	1,049,807	-343,099	$193,993,835	+8.1%	8.82%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	364,813	-52,528	$182,548,777	−8.7%	8.30%
META	Meta Platforms, Inc. Communication Services	Added	302,931	+47,135	$170,638,002	+16.6%	7.76%
HPQ	Hp Inc Technology	Reduced	7,474,697	-984,551	$163,994,852	+0.9%	7.46%
AMAT	Applied Materials Inc /De Technology	Reduced	176,751	-241,845	$127,790,973	−10.7%	5.81%
AXP	American Express Co Financial Services	Added	375,514	+61,316	$127,017,610	+33.6%	5.78%
CI	Cigna Group Healthcare	Added	443,993	+53,240	$122,399,990	+17.4%	5.57%
AMP	Ameriprise Financial Inc Financial Services	Reduced	262,966	-34,712	$120,638,282	−8.8%	5.49%
CSX	Csx Corp Industrials	Reduced	2,526,725	-1,059,954	$120,095,239	−18.4%	5.46%
GOOGL	Alphabet Inc. Communication Services	Reduced	329,595	-43,592	$117,787,365	+9.8%	5.36%
UPS	United Parcel Service Inc Industrials	Reduced	969,545	-128,641	$104,226,087	−3.5%	4.74%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	465,406	-61,461	$102,617,368	−17.6%	4.67%
KR	Kroger Co Consumer Defensive	Added	1,780,542	+264,937	$98,873,497	−9.8%	4.50%
UNP	Union Pacific Corp Industrials	Reduced	349,171	-174,494	$94,974,512	−25.2%	4.32%
HCA	HCA Healthcare, Inc. Healthcare	Added	232,486	+60,011	$90,643,966	+11.1%	4.12%
ELV	Elevance Health, Inc. Healthcare	Reduced	229,987	-30,183	$88,942,872	+16.8%	4.04%
AFL	Aflac Inc Financial Services	Reduced	513,359	-61,154	$60,191,342	−4.5%	2.74%
ZTS	Zoetis Inc. Healthcare	Reduced	596,697	-78,471	$42,878,646	−46.3%	1.95%
NEM	NEWMONT Corp /DE/ Basic Materials	Reduced	447,920	-31,631	$41,835,728	−19.4%	1.90%
SCI	Service Corp International Consumer Cyclical	Reduced	331,276	-43,653	$25,163,724	−18.7%	1.14%
INTC	Intel Corp Technology	Reduced	1,150	-850	$160,574	+81.9%	0.01%
LMT	Lockheed Martin Corp Industrials	Held	315	0	$160,479	−15.7%	0.01%
V	Visa Inc. Financial Services	Reduced	450	-300	$154,390	−31.9%	0.01%
USB	US Bancorp De Financial Services	Held	2,500	0	$151,000	+16.1%	0.01%
GD	General Dynamics Corp Industrials	Held	400	0	$141,696	+3.2%	0.01%
UNH	Unitedhealth Group Inc Healthcare	Held	307	0	$127,598	+53.6%	0.01%
JNJ	Johnson & Johnson Healthcare	Held	470	0	$119,365	+3.9%	0.01%
ROK	Rockwell Automation, Inc Industrials	Held	240	0	$118,819	+38.0%	0.01%
TXN	Texas Instruments Inc Technology	Reduced	375	-275	$111,776	−11.4%	0.01%
MCO	Moodys Corp /De/ Financial Services	Held	245	0	$110,965	+3.8%	0.01%
SONY	Sony Group Corp Technology	Held	5,500	0	$110,330	−3.1%	0.01%
MRNA	Moderna, Inc. Healthcare	Added	1,490	+500	$104,344	+107.5%	0.00%
GS	Goldman Sachs Group Inc Financial Services	Held	100	0	$101,137	+19.5%	0.00%
BIDU	Baidu, Inc. Communication Services	Held	850	0	$97,146	+2.6%	0.00%
PFE	Pfizer Inc Healthcare	Held	4,000	0	$96,320	−14.2%	0.00%
NOC	Northrop Grumman Corp /De/ Industrials	Held	180	0	$91,675	−25.3%	0.00%
TMO	Thermo Fisher Scientific Inc. Healthcare	Held	160	0	$80,217	+2.0%	0.00%
JKS	JinkoSolar Holding Co., Ltd. Technology	Held	3,200	0	$53,760	−33.9%	0.00%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Held	0	NEW	$0	NEW	0.00%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Held	0	NEW	$0	NEW	0.00%

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.