PensionDanmark Pensionsforsikringsaktieselskab

Pension

CIK

1897090

Location

COPENHAGEN O, G7

Portfolio Value

Large $11,614,350,728

Diversification

Diversified

Filing Date

Global Rank

#5 / 475 ▲ 414

Top Industry

Semiconductors 17.3%

3Y Alpha vs SPY

+2.6%

Period ended 12 days ago

Filed Jul 8, 2026 · 4d

3 quarters · since Dec 2025

Clone Performance

Feb 2026–Jul 2026 · vs SPY

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

Cloned portfolio

+11.7%

SPY

+11.0%

Annualised alpha

+1.9%

Max drawdown

−8.6%

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

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

Top Position

8.0%

−0.2 pts

Top 5

27.0%

−0.8 pts

Top 10

37.2%

+0.1 pts

HHI

208

Diversified−4

Portfolio Trend

3 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	40.7%	$4,723,268,842	105
Financial Services	13.6%	$1,583,463,964	93
Healthcare	10.0%	$1,166,361,692	62
Consumer Cyclical	8.2%	$949,772,667	64
Industrials	8.1%	$940,743,996	88
Communication Services	7.6%	$884,305,420	23
Consumer Defensive	3.4%	$391,392,162	29
Energy	2.5%	$293,425,318	25
Utilities	2.1%	$242,848,565	35
Real Estate	1.9%	$221,368,968	30
Basic Materials	1.8%	$210,292,182	28
Unclassified	0.1%	$7,106,952	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
D	Dominion Energy, Inc	+359,170	479,440	$32,740,957
KLAC	Kla Corp	+260,447	286,464	$86,429,053
BKNG	Booking Holdings Inc.	+209,074	217,143	$38,703,568
KIM	Kimco Realty Corp	+188,771	274,146	$6,949,601
VICI	Vici Properties Inc.	+116,546	560,609	$14,884,168
BAC	Bank Of America Corp /De/	+113,917	1,517,136	$86,446,409
KO	Coca Cola Co	+113,696	806,075	$65,509,715
T	At&T Inc.	+107,264	1,489,387	$30,830,310
CSCO	Cisco Systems, Inc.	+101,914	754,963	$88,677,953
DVN	Devon Energy Corp/De	+90,062	238,694	$9,862,836
TU	Telus Corp	+86,268	199,076	$2,104,233
CMG	Chipotle Mexican Grill Inc	+77,002	268,771	$9,138,214
WTRG	Essential Utilities, Inc.	+73,600	137,908	$5,283,255
PONY	Pony AI Inc.	+70,000	145,000	$1,007,750
ENB	Enbridge Inc	+64,517	322,183	$17,465,540
CMCSA	Comcast Corp	+62,671	875,247	$21,487,313
WFC	Wells Fargo & Company/Mn	+59,953	616,574	$50,953,675
HPE	Hewlett Packard Enterprise Co	+59,302	176,992	$7,984,109
MRK	Merck & Co., Inc.	+54,260	462,927	$59,486,119
PCG	PG&E Corp	+53,800	609,332	$10,248,964
AMZN	Amazon Com Inc	+52,490	1,901,634	$453,235,447
VZ	Verizon Communications Inc	+52,045	757,212	$32,060,356
CVNA	Carvana Co.	+49,720	60,900	$4,008,438
CVX	Chevron Corp	+48,981	448,547	$74,351,150
MSFT	Microsoft Corp	+48,979	1,419,491	$529,498,532
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
UBER	Uber Technologies, Inc	−295,553	394,939	$28,498,798
NEE	Nextera Energy Inc	−255,976	84,102	$7,381,632
IOT	Samsara Inc.	−190,876	10,060	$326,245
RYAAY	Ryanair Holdings PLC	−161,339	10,000	$647,500
SCI	Service Corp International	−155,826	105,779	$8,034,972
DASH	DoorDash, Inc.	−136,338	53,824	$9,932,142
MDLN	Medline Inc.	−114,499	5,000	$197,200
XYZ	Block, Inc.	−103,963	113,276	$8,608,976
CSGP	Costar Group, Inc.	−98,500	39,466	$1,117,677
TTD	Trade Desk, Inc.	−85,129	19,482	$352,234
EQT	EQT Corp	−83,500	97,765	$5,198,165
BKR	Baker Hughes Co	−81,097	115,950	$6,435,225
BN	BROOKFIELD Corp /ON/	−79,297	282,560	$12,034,230
NFLX	Netflix Inc	−77,324	851,335	$60,785,319
FCX	Freeport-Mcmoran Inc	−77,256	335,474	$21,097,959
SHOP	Shopify Inc.	−76,972	198,256	$22,636,870
EOG	Eog Resources Inc	−60,088	105,214	$13,649,412
DG	Dollar General Corp	−59,470	55,255	$6,360,403
ON	On Semiconductor Corp	−57,540	42,303	$3,999,325
TSCO	Tractor Supply Co /De/	−41,683	93,327	$2,950,066
CBRE	Cbre Group, Inc.	−41,113	78,041	$10,511,342
MNST	Monster Beverage Corp	−37,476	146,582	$14,089,461
ABNB	Airbnb, Inc.	−36,816	110,756	$15,849,183
CTVA	Corteva, Inc.	−35,576	146,962	$12,446,211
SE	Sea Ltd	−29,576	84,638	$8,110,859
No positions match the current search.

New Positions

Positions the filer opened this quarter

15 positions

Ticker	Company	Shares	Value
TRI	Thomson Reuters Corp /Can/	66,346	$5,418,477
OVV	Ovintiv Inc.	90,000	$4,738,500
ASTS	AST SpaceMobile, Inc.	33,300	$2,959,038
FDXF	FedEx Freight Holding Company, Inc.	9,900	$1,494,900
UGI	Ugi Corp /Pa/	41,033	$1,417,279
SYNA	SYNAPTICS Inc	8,000	$993,840
RVMD	Revolution Medicines, Inc.	4,000	$749,120
CASY	Caseys General Stores Inc	800	$635,832
QNT	Quantinuum Inc.	6,396	$522,809
CBRS	Cerebras Systems Inc.	2,338	$516,698
MTCH	Match Group, Inc.	11,447	$435,558
NINE	Nine Energy Service, Inc.	22,087	$287,351
FUTU	Futu Holdings Ltd	2,919	$273,627
DT	Dynatrace, Inc.	5,498	$241,417
CRCL	Circle Internet Group, Inc.	2,000	$125,260
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
CPNG	Coupang, Inc.	595,793	$11,248,571
ENSG	Ensign Group, Inc	53,107	$10,701,060
PBR	Petrobras - Petroleo Brasileiro SA	464,717	$9,642,877
TKO	TKO Group Holdings, Inc.	39,612	$7,987,759
TCOM	Trip.com Group Ltd	114,331	$5,692,540
BIDU	Baidu, Inc.	50,882	$5,669,272
WMS	Advanced Drainage Systems, Inc.	37,043	$5,079,706
QXO	QXO, Inc.	245,814	$4,773,707
MEDP	Medpace Holdings, Inc.	9,856	$4,732,752
BC	Brunswick Corp	54,327	$3,952,832
GDDY	GoDaddy Inc.	46,895	$3,876,809
PAYC	Paycom Software, Inc.	27,862	$3,386,347
TSM	Taiwan Semiconductor Manufacturing Co Ltd	10,000	$3,379,500
BROS	Dutch Bros Inc.	57,563	$2,916,141
IBN	Icici Bank Ltd	110,383	$2,858,919
SNAP	Snap Inc	586,819	$2,699,367
CTRA	Coterra Energy Inc.	70,420	$2,474,558
SERV	Serve Robotics Inc. /DE/	242,000	$2,042,480
ENPH	Enphase Energy, Inc.	47,227	$1,785,652
BZ	Kanzhun Ltd	115,191	$1,542,407
TDW	Tidewater Inc	17,794	$1,486,688
WSC	WillScot Holdings Corp	85,412	$1,482,752
ROKU	Roku, Inc	15,037	$1,422,800
EQH	Equitable Holdings, Inc.	37,200	$1,380,492
SOLV	Solventum Corp	17,876	$1,167,302
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

583 positions · $11,614,350,728 total · as of Jun 30, 2026

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

Showing 1–50 of 583 positions by value · page 1 of 12

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Reduced	4,638,748	-11,025	$928,167,087	+14.5%	7.99%
AAPL	Apple Inc. Technology	Added	2,902,190	+28,867	$839,777,698	+15.2%	7.23%
MSFT	Microsoft Corp Technology	Added	1,419,491	+48,979	$529,498,532	+4.4%	4.56%
AMZN	Amazon Com Inc Consumer Cyclical	Added	1,901,634	+52,490	$453,235,447	+17.7%	3.90%
GOOGL	Alphabet Inc. Communication Services	Reduced	1,065,521	-2,779	$380,785,239	+24.0%	3.28%
AVGO	Broadcom Inc. Technology	Added	865,698	+7,921	$327,017,419	+23.2%	2.82%
MU	Micron Technology Inc Technology	Added	218,417	+6,845	$252,116,558	+252.7%	2.17%
META	Meta Platforms, Inc. Communication Services	Reduced	434,173	-19,272	$244,565,309	−5.7%	2.11%
AMD	Advanced Micro Devices Inc Technology	Reduced	315,846	-7,231	$183,478,099	+179.2%	1.58%
JPM	Jpmorgan Chase & Co Financial Services	Added	550,820	+3,000	$180,299,910	+11.9%	1.55%
LLY	ELI LILLY & Co Healthcare	Added	149,389	+11,558	$179,181,663	+41.3%	1.54%
AMAT	Applied Materials Inc /De Technology	Added	181,875	+11,347	$131,495,625	+125.6%	1.13%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	241,432	+16,109	$120,810,158	+11.9%	1.04%
JNJ	Johnson & Johnson Healthcare	Added	461,491	+12,613	$117,204,869	+6.8%	1.01%
LRCX	Lam Research Corp Technology	Added	268,636	+11,902	$116,408,037	+112.2%	1.00%
INTC	Intel Corp Technology	Added	782,422	+43,311	$109,249,583	+234.9%	0.94%
V	Visa Inc. Financial Services	Added	311,868	+2,917	$106,998,792	+14.6%	0.92%
CSCO	Cisco Systems, Inc. Technology	Added	754,963	+101,914	$88,677,953	+75.0%	0.76%
BAC	Bank Of America Corp /De/ Financial Services	Added	1,517,136	+113,917	$86,446,409	+26.4%	0.74%
KLAC	Kla Corp Technology	Added	286,464	+260,447	$86,429,053	+2156.2%	0.74%
ABBV	AbbVie Inc. Healthcare	Added	339,179	+21,236	$85,351,003	+23.4%	0.73%
MA	Mastercard Inc Financial Services	Reduced	164,539	-28,209	$84,507,230	−12.3%	0.73%
GE	General Electric Co Industrials	Added	223,915	+17,577	$83,683,752	+42.9%	0.72%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	88,952	+5,793	$83,211,927	+0.4%	0.72%
UNH	Unitedhealth Group Inc Healthcare	Added	187,803	+21,949	$78,056,560	+73.9%	0.67%
CVX	Chevron Corp Energy	Added	448,547	+48,981	$74,351,150	−10.1%	0.64%
GS	Goldman Sachs Group Inc Financial Services	Added	67,320	+8,131	$68,085,428	+36.0%	0.59%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	458,585	+31,022	$67,246,904	+8.9%	0.58%
KO	Coca Cola Co Consumer Defensive	Added	806,075	+113,696	$65,509,715	+24.4%	0.56%
GEV	GE Vernova Inc. Industrials	Added	55,711	+2,211	$65,452,625	+40.2%	0.56%
RTX	RTX Corp Industrials	Added	321,443	+28,943	$60,987,380	+8.1%	0.53%
NFLX	Netflix Inc Communication Services	Reduced	851,335	-77,324	$60,785,319	−31.9%	0.52%
MRK	Merck & Co., Inc. Healthcare	Added	462,927	+54,260	$59,486,119	+21.0%	0.51%
C	Citigroup Inc Financial Services	Added	424,914	+14,313	$59,470,963	+27.7%	0.51%
MS	Morgan Stanley Financial Services	Added	266,962	+9,386	$55,805,736	+31.7%	0.48%
HD	Home Depot, Inc. Consumer Cyclical	Added	153,764	+17,246	$54,229,487	+20.8%	0.47%
IBM	International Business Machines Corp Technology	Added	186,873	+21,523	$52,550,556	+31.1%	0.45%
WFC	Wells Fargo & Company/Mn Financial Services	Added	616,574	+59,953	$50,953,675	+15.0%	0.44%
TXN	Texas Instruments Inc Technology	Reduced	165,824	-7,301	$49,427,159	+47.1%	0.43%
PLTR	Palantir Technologies Inc. Technology	Added	417,348	+14,470	$48,691,991	−17.4%	0.42%
APH	Amphenol Corp /De/ Technology	Added	273,788	+20,540	$48,274,300	+50.9%	0.42%
MRVL	Marvell Technology, Inc. Technology	Added	161,134	+14,332	$48,000,207	+230.1%	0.41%
ORCL	Oracle Corp Technology	Added	313,584	+24,666	$45,955,735	+8.1%	0.40%
PEP	Pepsico Inc Consumer Defensive	Added	337,497	+26,532	$45,697,093	−5.4%	0.39%
WDC	Western Digital Corp Technology	Reduced	70,556	-2,468	$45,065,528	+128.2%	0.39%
GLW	Corning Inc /Ny Technology	Added	175,776	+16,766	$44,898,463	+107.7%	0.39%
PANW	Palo Alto Networks Inc Technology	Added	123,850	+26,644	$42,235,327	+171.0%	0.36%
AMGN	Amgen Inc Healthcare	Added	108,300	+11,821	$39,217,596	+15.5%	0.34%
BKNG	Booking Holdings Inc. Consumer Cyclical	Added	217,143	+209,074	$38,703,568	+2748.1%	0.33%
QCOM	Qualcomm Inc/De Technology	Reduced	206,011	-16,203	$38,068,772	+33.0%	0.33%