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Asset Manager ← All Institutions

NORDEA INVESTMENT MANAGEMENT AB

Q4 2025 · Filed 2026-01-08
Market Value
$115.8B
+2.0%
Holdings
870
-1
New Purchases
41
Added To
380
Closed
28
Reduced
412
Top 10 Concentration
32.1%
Turnover
7.9%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AVGO 2.94% 1.91% +1.03% $3.4B
GOOG 2.32% 1.74% +0.59% $2.7B
LLY 1.38% 0.88% +0.50% $1.6B
AAPL 5.17% 4.78% +0.40% $6.0B
AMZN 2.77% 2.48% +0.29% $3.2B
AMD 0.81% 0.56% +0.25% $939M
WAB 0.57% 0.35% +0.22% $660M
MRK 0.96% 0.77% +0.19% $1.1B
ZTS 0.54% 0.35% +0.19% $622M
C 0.81% 0.63% +0.18% $934M
RCL 0.32% 0.16% +0.16% $367M
CMI 0.24% 0.10% +0.14% $280M
MU 0.41% 0.27% +0.14% $469M
ZBRA 0.40% 0.26% +0.14% $457M
AME 0.15% 0.02% +0.14% $176M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
BKNG 0.46% 1.05% -0.59% $529M
MSFT 5.94% 6.44% -0.50% $6.9B
META 1.29% 1.63% -0.34% $1.5B
ANET 0.46% 0.79% -0.33% $532M
VRT 0.05% 0.30% -0.25% $54M
NFLX 0.78% 1.02% -0.24% $903M
IQV 0.14% 0.37% -0.23% $162M
LRCX 1.10% 1.33% -0.23% $1.3B
QCOM 0.15% 0.35% -0.20% $168M
MRVL 0.26% 0.44% -0.17% $303M
LH 0.21% 0.38% -0.17% $243M
HOLX 0.00% 0.17% -0.17% $2M
NOW 0.62% 0.78% -0.16% $720M
WDAY 0.15% 0.30% -0.15% $170M
INTU 0.36% 0.50% -0.13% $420M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 54 $57.4B 49.5%
Large Cap 548 $55.0B 47.5%
Mid Cap 201 $3.0B 2.6%
Small Cap 65 $385M 0.3%
Micro Cap 2 $10M 0.0%

Portfolio Analytics

Avg Market Cap
$89.5B
Median Market Cap
$20.9B
Avg P/E
34.1
Median P/E
23.6
Avg Dividend Yield
0.02%
Avg Beta
1.03
# Stocks
870
# ETFs / Funds
0

Top Holdings (870 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 NVDA 6.57% 40,423,871 $7.6B $188.30 $255M +1,046,474 +2.7%
2 MSFT 5.94% 14,194,502 $6.9B $484.69 -$437M +32,505 +0.2%
3 AAPL 5.17% 22,035,680 $6.0B $271.89 $565M +794,771 +3.7%
4 AVGO 2.94% 9,814,757 $3.4B $347.05 $1.2B +3,160,586 +47.5%
5 AMZN 2.77% 13,892,942 $3.2B $230.98 $391M +1,060,428 +8.3%
6 GOOGL 2.51% 9,263,225 $2.9B $313.36 $104M -2,336,756 -20.1%
7 GOOG 2.32% 8,557,712 $2.7B $314.23 $717M +396,746 +4.9%
8 LLY 1.38% 1,479,977 $1.6B $1,077.70 $599M +109,980 +8.0%
9 META 1.29% 2,255,736 $1.5B $661.83 -$362M -270,527 -10.7%
10 MA 1.18% 2,378,194 $1.4B $574.88 $35M +25,954 +1.1%
11 CSCO 1.14% 17,171,264 $1.3B $77.18 -$101M -3,596,905 -17.3%
12 LRCX 1.10% 7,403,443 $1.3B $172.66 -$235M -3,909,309 -34.6%
13 TJX 1.00% 7,479,163 $1.2B $154.54 $137M +420,232 +6.0%
14 JPM 0.99% 3,566,046 $1.2B $322.99 $110M +220,581 +6.6%
15 JNJ 0.97% 5,460,452 $1.1B $206.70 $13M -649,409 -10.6%
16 MRK 0.96% 10,573,821 $1.1B $105.45 $238M -371,366 -3.4%
17 TT 0.87% 2,586,506 $1.0B $390.65 -$41M +72,998 +2.9%
18 V 0.84% 2,743,482 $967M $352.53 $5M -77,870 -2.8%
19 ABBV 0.82% 4,149,959 $951M $229.07 -$62M -345,599 -7.7%
20 AMD 0.81% 4,362,317 $939M $215.20 $307M +457,169 +11.7%
21 C 0.81% 7,986,407 $934M $116.94 $221M +844,056 +11.8%
22 AXP 0.80% 2,474,363 $921M $372.10 $142M +144,512 +6.2%
23 LIN 0.79% 2,124,882 $910M $428.32 $157M +544,850 +34.5%
24 NFLX 0.78% 9,667,997 $903M $93.38 -$260M +8,688,113 +886.6%
25 MCK 0.76% 1,071,733 $885M $826.00 $48M -21,798 -2.0%
26 AMGN 0.74% 2,601,135 $852M $327.52 $57M -273,268 -9.5%
27 EMR 0.72% 6,177,341 $828M $134.08 -$75M -804,022 -11.5%
28 WM 0.67% 3,530,900 $781M $221.33 $55M +236,439 +7.2%
29 NOW 0.62% 4,706,164 $720M $153.06 -$166M +3,743,087 +388.7%
30 WAB 0.57% 3,069,340 $660M $215.01 $267M +1,095,083 +55.5%
31 GILD 0.54% 5,138,699 $630M $122.61 $136M +726,101 +16.5%
32 CRM 0.54% 2,356,075 $624M $264.89 $78M +55,704 +2.4%
33 ZTS 0.54% 4,932,787 $622M $126.14 $225M +2,179,578 +79.2%
34 EBAY 0.53% 7,015,881 $612M $87.23 -$118M -1,000,163 -12.5%
35 HIG 0.52% 4,389,329 $607M $138.28 $37M +81,712 +1.9%
36 TSLA 0.50% 1,281,857 $582M $453.95 -$34M -117,144 -8.4%
37 AMAT 0.50% 2,242,015 $581M $258.94 $66M -225,201 -9.1%
38 WFC 0.48% 5,982,559 $561M $93.79 $46M -208,128 -3.4%
39 FTNT 0.48% 6,905,674 $550M $79.69 -$36M -16,357 -0.2%
40 BDX 0.47% 2,773,058 $541M $195.21 -$52M -458,456 -14.2%
41 ANET 0.46% 4,021,514 $532M $132.29 -$361M -2,161,422 -35.0%
42 BKNG 0.46% 98,242 $529M $5,379.68 -$665M -122,607 -55.5%
43 CTAS 0.45% 2,729,394 $517M $189.59 -$10M +158,785 +6.2%
44 DASH 0.44% 2,264,568 $515M $227.49 -$83M +44,341 +2.0%
45 HCA 0.44% 1,084,590 $507M $467.82 $92M +108,849 +11.2%
46 RSG 0.42% 2,288,636 $490M $214.14 -$47M -46,299 -2.0%
47 NEM 0.42% 4,784,777 $482M $100.77 $116M +447,904 +10.3%
48 MU 0.41% 1,631,149 $469M $287.67 $166M -189,069 -10.4%
49 GIS 0.40% 9,980,850 $465M $46.54 -$30M +24,185 +0.2%
50 PANW 0.40% 2,505,894 $464M $185.30 -$34M +75,779 +3.1%
51 NEE 0.40% 5,763,447 $464M $80.43 -$25M -705,496 -10.9%
52 ZBRA 0.40% 1,874,206 $457M $244.06 $165M +876,711 +87.9%
53 SNA 0.39% 1,310,198 $454M $346.67 $21M +51,486 +4.1%
54 ECL 0.39% 1,718,633 $454M $264.08 $1M +65,836 +4.0%
55 SNPS 0.38% 944,143 $445M $470.91 -$35M -31,880 -3.3%
56 ADBE 0.38% 1,250,642 $438M $350.43 -$62M -158,633 -11.3%
57 SYF 0.37% 5,134,903 $432M $84.13 $114M +592,567 +13.1%
58 ABC 0.37% 1,256,356 $427M $339.64 $53M +45,712 +3.8%
59 UPS 0.37% 4,284,342 $426M $99.47 $72M +40,536 +1.0%
60 CFG 0.37% 7,220,986 $423M $58.61 $70M +505,614 +7.5%
61 DHR 0.36% 1,826,112 $421M $230.37 $71M -18,574 -1.0%
62 TEL 0.36% 1,836,123 $420M $228.71 $57M +173,508 +10.4%
63 INTU 0.36% 631,567 $420M $664.90 -$145M -188,388 -23.0%
64 BRK-B 0.36% 825,834 $416M $504.17 $61M +114,482 +16.1%
65 TMUS 0.36% 2,034,292 $414M $203.42 -$56M +73,508 +3.8%
66 VLTO 0.35% 4,065,069 $410M $100.83 -$32M -129,310 -3.1%
67 CEG 0.35% 1,147,831 $409M $356.33 -$26M -177,402 -13.4%
68 EQIX 0.35% 526,994 $403M $765.42 $27M +43,511 +9.0%
69 KO 0.35% 5,753,813 $402M $69.95 -$20M -615,957 -9.7%
70 IEX 0.35% 2,255,150 $401M $178.00 $19M -109,162 -4.6%
71 CRWD 0.34% 840,828 $398M $473.49 -$8M +5,423 +0.7%
72 GEV 0.34% 594,749 $392M $658.79 $51M +33,536 +6.0%
73 SYK 0.33% 1,095,377 $387M $353.04 -$19M -6,128 -0.6%
74 PEP 0.33% 2,688,460 $385M $143.29 -$35M -309,749 -10.3%
75 LKQ 0.33% 12,469,556 $378M $30.31 -$8M -296,758 -2.3%
76 CRH.L 0.33% 3,014,443 $378M $125.31 $3M -118,205 -3.8%
77 PLTR 0.32% 2,057,733 $371M $180.14 -$39M -202,786 -9.0%
78 CL 0.32% 4,667,298 $371M $79.39 -$34M -396,545 -7.8%
79 STT 0.32% 2,829,271 $367M $129.73 $84M +377,568 +15.4%
80 RCL 0.32% 1,306,784 $367M $280.78 $188M +750,723 +135.0%
81 PNR 0.32% 3,484,915 $367M $105.25 $56M +647,162 +22.8%
82 MET 0.32% 4,630,165 $367M $79.16 -$1M +117,545 +2.6%
83 STLD 0.31% 2,140,819 $362M $168.99 $39M -199,661 -8.5%
84 WELL 0.31% 1,930,894 $359M $185.88 $52M +204,317 +11.8%
85 CI 0.31% 1,277,393 $354M $276.97 -$67M -180,829 -12.4%
86 EXC 0.30% 8,048,355 $352M $43.79 $40M +1,024,106 +14.6%
87 UBER 0.30% 4,291,356 $351M $81.68 -$86M -206,450 -4.6%
88 PG 0.30% 2,430,758 $349M $143.72 -$29M -30,739 -1.2%
89 SCHW 0.30% 3,437,222 $344M $100.20 $53M +396,358 +13.0%
90 NUE 0.30% 2,103,000 $343M $162.93 $87M +210,577 +11.1%
91 KHC 0.29% 13,801,453 $336M $24.36 -$15M +106,970 +0.8%
92 CVS 0.28% 4,127,035 $328M $79.46 $13M -87,025 -2.1%
93 KR 0.28% 5,204,987 $326M $62.58 $14M +524,768 +11.2%
94 EW 0.27% 3,642,618 $313M $85.83 -$16M -604,346 -14.2%
95 AMT 0.26% 1,743,321 $306M $175.69 $3M +164,645 +10.4%
96 ADP 0.26% 1,174,898 $304M $258.65 -$40M -9,900 -0.8%
97 MRVL 0.26% 3,538,278 $303M $85.51 -$192M -2,363,066 -40.0%
98 DIS 0.26% 2,600,216 $296M $113.76 $10M +81,529 +3.2%
99 WTRG 0.25% 7,625,755 $293M $38.41 -$61M -1,346,810 -15.0%
100 VZ 0.25% 7,176,288 $293M $40.81 -$82M -1,423,540 -16.6%

New Positions

SymbolValue% Port
LUV $32M 0.03%
MTCH $31M 0.03%
EXLS $24M 0.02%
APPF $9M 0.01%
FSS $9M 0.01%
XP $9M 0.01%
ZWS $7M 0.01%
ATR $7M 0.01%
PRIM $7M 0.01%
ALB $6M 0.01%
ATI $6M 0.01%
ARQT $6M 0.01%
SOLS $6M —%
ALC $6M —%
MRCY $5M —%

Sold Out Positions

SymbolValue% Port
ACI —%
AGCO —%
BKU —%
FDS —%
VIPS —%
UHAL-B —%
CPT —%
CAG —%
RCUS —%
OGN —%
MOH —%
NWN —%
RLJ —%
RAL —%
USNA —%
View SEC EDGAR Filings for NORDEA INVESTMENT MANAGEMENT AB →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms