— Know what they know.
Not Investment Advice
Pension ← All Institutions

FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND

P.O. BOX 3069, STOCKHOLM, V7 SE 10361 • 004687877500

Q1 2026 · Filed 2026-04-27
Market Value
$18.3B
+53.7%
Holdings
533
+22
New Purchases
43
Added To
461
Closed
7
Reduced
15
Top 10 Concentration
32.5%
Turnover
9.4%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
IEMG 2.62% 1.75% +0.88% $479M
SPOT 0.49% 0.00% +0.49% $90M
JNJ 1.63% 1.39% +0.24% $297M
AMAT 0.62% 0.45% +0.17% $114M
WMT 1.20% 1.03% +0.17% $219M
LRCX 0.68% 0.52% +0.17% $125M
COST 1.00% 0.83% +0.17% $182M
CAT 0.73% 0.57% +0.16% $133M
VZ 0.50% 0.38% +0.12% $92M
SO 0.11% 0.00% +0.11% $20M
MU 0.54% 0.43% +0.11% $98M
KLAC 0.45% 0.35% +0.10% $83M
NEE 0.17% 0.08% +0.09% $31M
GEV 0.32% 0.23% +0.09% $59M
KO 0.86% 0.77% +0.09% $157M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
MSFT 4.20% 5.16% -0.96% $767M
TIGO 0.00% 0.47% -0.47% $0
META 2.18% 2.39% -0.21% $398M
LLY 1.73% 1.94% -0.20% $317M
INTU 0.34% 0.49% -0.16% $61M
V 1.43% 1.58% -0.15% $262M
AAPL 5.68% 5.80% -0.12% $1.0B
AMZN 2.81% 2.93% -0.12% $513M
UNH 0.55% 0.67% -0.12% $101M
AVGO 1.93% 2.05% -0.11% $353M
ACN 0.35% 0.46% -0.11% $64M
QCOM 0.31% 0.42% -0.11% $56M
CRM 0.33% 0.43% -0.11% $60M
NVDA 6.50% 6.61% -0.10% $1.2B
GOOG 2.24% 2.35% -0.10% $410M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Technology 32.3%
Financial Services 15.9%
Healthcare 12.0%
Communication Services 11.0%
Consumer Cyclical 8.4%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 50 $10.2B 56.0%
Large Cap 460 $8.0B 43.8%
Mid Cap 21 $30M 0.2%
Micro Cap 2 $52K 0.0%

Portfolio Analytics

Avg Market Cap
$133.7B
Median Market Cap
$37.4B
Avg P/E
36.7
Median P/E
25.8
Avg Dividend Yield
0.02%
Avg Beta
1.04
# Stocks
532
# ETFs / Funds
1

Top Holdings (533 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 NVDA 6.50% 6,809,899 $1.2B $174.40 $402M +2,598,850 +61.7%
2 AAPL 5.68% 4,090,648 $1.0B $253.79 $348M +1,552,500 +61.2%
3 MSFT 4.20% 2,071,039 $767M $370.17 $154M +803,530 +63.4%
4 AMZN 2.81% 2,463,475 $513M $208.27 $165M +955,300 +63.3%
5 IEMG 2.62% 6,873,267 $479M $69.75 $272M +3,783,075 +122.4%
6 GOOGL 2.60% 1,648,994 $474M $287.56 $156M +631,940 +62.1%
7 GOOG 2.24% 1,429,652 $410M $286.86 $131M +541,067 +60.9%
8 META 2.18% 696,047 $398M $572.13 $115M +266,260 +62.0%
9 AVGO 1.93% 1,141,003 $353M $309.51 $110M +438,280 +62.4%
10 LLY 1.73% 344,542 $317M $919.77 $86M +130,006 +60.6%
11 JNJ 1.63% 1,215,969 $297M $244.44 $132M +419,769 +52.7%
12 V 1.43% 866,330 $262M $302.24 $73M +329,153 +61.3%
13 WMT 1.20% 1,762,821 $219M $124.28 $97M +664,250 +60.5%
14 JPM 1.11% 692,247 $204M $294.16 $62M +254,060 +58.0%
15 BRK-B 1.09% 415,039 $199M $479.20 $71M +161,140 +63.5%
16 MA 1.01% 368,812 $184M $499.66 $54M +140,742 +61.7%
17 COST 1.00% 182,526 $182M $996.43 $83M +68,110 +59.5%
18 NFLX 0.97% 1,842,995 $177M $96.15 $70M +697,325 +60.9%
19 PG 0.94% 1,184,928 $171M $144.44 $66M +448,550 +60.9%
20 CSCO 0.93% 2,188,717 $170M $77.59 $64M +815,200 +59.4%
21 KO 0.86% 2,058,856 $157M $76.05 $65M +751,250 +57.5%
22 MRK 0.78% 1,182,179 $142M $120.29 $58M +385,150 +48.3%
23 CAT 0.73% 187,564 $133M $708.46 $65M +69,640 +59.0%
24 LRCX 0.68% 583,010 $125M $213.66 $63M +225,050 +62.9%
25 PEP 0.66% 772,134 $120M $155.29 $51M +290,050 +60.2%
26 ABBV 0.63% 532,925 $116M $217.49 $42M +208,281 +64.2%
27 AMAT 0.62% 332,858 $114M $341.79 $60M +123,800 +59.2%
28 T 0.56% 3,521,120 $102M $28.99 $45M +1,225,650 +53.4%
29 UNH 0.55% 374,508 $101M $270.59 $22M +132,930 +55.0%
30 TSLA 0.54% 265,468 $99M $371.75 $29M +111,106 +72.0%
31 MU 0.54% 290,887 $98M $337.84 $47M +112,300 +62.9%
32 LIN 0.53% 196,087 $97M $495.76 $42M +66,260 +51.0%
33 TJX 0.52% 591,418 $94M $159.70 $37M +219,250 +58.9%
34 MCD 0.51% 301,720 $94M $310.79 $36M +112,710 +59.6%
35 VZ 0.50% 1,828,588 $92M $50.20 $46M +707,275 +63.1%
36 ABT 0.50% 884,654 $91M $102.67 $22M +336,450 +61.4%
37 SPOT 0.49% 185,000 $90M $484.91 +185,000 NEW
38 BAC 0.47% 1,761,130 $86M $48.75 $25M +647,950 +58.2%
39 HD 0.47% 259,680 $85M $328.89 $30M +99,470 +62.1%
40 PLTR 0.46% 579,273 $85M $146.28 $22M +223,750 +62.9%
41 APH 0.46% 664,039 $84M $126.35 $25M +226,550 +51.8%
42 AMD 0.46% 412,133 $84M $203.43 $30M +158,931 +62.8%
43 KLAC 0.45% 56,402 $83M $1,472.41 $41M +21,840 +63.2%
44 IBM 0.43% 327,241 $79M $242.39 $19M +122,120 +59.5%
45 CME 0.41% 254,747 $75M $295.35 $31M +93,270 +57.8%
46 GE 0.41% 261,164 $74M $283.77 $24M +100,063 +62.1%
47 PGR 0.40% 371,370 $74M $198.24 $19M +132,400 +55.4%
48 CB 0.39% 218,406 $71M $325.93 $29M +81,660 +59.7%
49 BKR 0.39% 1,159,303 $71M $61.05 $22M +84,500 +7.9%
50 TXN 0.38% 354,431 $69M $194.14 $30M +133,400 +60.4%
51 ORCL 0.37% 459,882 $68M $147.11 $14M +182,050 +65.5%
52 VRTX 0.37% 149,962 $67M $446.54 $27M +60,900 +68.4%
53 MCK 0.37% 77,237 $67M $865.36 $21M +21,544 +38.7%
54 WFC 0.37% 838,029 $67M $79.61 $18M +316,150 +60.6%
55 UBER 0.36% 921,383 $66M $71.93 $21M +369,550 +67.0%
56 GS 0.36% 77,765 $66M $845.99 $21M +27,020 +53.2%
57 GILD 0.36% 466,363 $65M $139.37 $29M +171,300 +58.1%
58 TMUS 0.35% 306,654 $64M $210.03 $24M +105,900 +52.8%
59 ACN 0.35% 322,638 $64M $198.29 $9M +119,115 +58.5%
60 INTU 0.34% 141,640 $61M $432.38 $3M +53,140 +60.0%
61 CRM 0.33% 321,579 $60M $186.67 $8M +126,924 +65.2%
62 ISRG 0.33% 129,459 $60M $460.99 $13M +47,360 +57.7%
63 GEV 0.32% 67,933 $59M $872.90 $32M +25,826 +61.3%
64 ABC 0.32% 186,732 $59M $314.14 $19M +68,055 +57.3%
65 ANET 0.32% 476,334 $58M $122.78 $19M +173,050 +57.1%
66 AMGN 0.32% 166,082 $58M $351.85 $24M +62,190 +59.9%
67 MMC 0.32% 331,981 $58M $173.45 $18M +118,750 +55.7%
68 ADBE 0.31% 232,806 $57M $243.08 $8M +94,350 +68.1%
69 QCOM 0.31% 437,506 $56M $128.78 $7M +147,750 +51.0%
70 C 0.29% 474,441 $54M $113.41 $18M +169,050 +55.4%
71 UNP 0.29% 217,576 $53M $242.62 $14M +51,350 +30.9%
72 WM 0.29% 227,846 $52M $229.79 $20M +82,150 +56.4%
73 BLK 0.28% 53,574 $52M $961.71 $15M +19,655 +58.0%
74 INTC 0.27% 1,133,034 $50M $44.13 $24M +415,023 +57.8%
75 MS 0.27% 296,215 $49M $164.57 $16M +110,182 +59.2%
76 WELL 0.27% 245,320 $49M $197.71 $21M +96,900 +65.3%
77 ETN 0.26% 134,825 $48M $357.67 $21M +50,000 +58.9%
78 AXP 0.26% 158,373 $48M $302.48 $14M +66,550 +72.5%
79 CL 0.26% 561,024 $48M $85.23 $20M +215,300 +62.3%
80 DIS 0.25% 472,800 $46M $96.38 $14M +192,700 +68.8%
81 TMO 0.25% 91,418 $45M $491.53 $12M +33,985 +59.2%
82 ORLY 0.24% 483,384 $45M $92.31 $15M +158,950 +49.0%
83 RSG 0.24% 200,974 $44M $219.02 $16M +70,800 +54.4%
84 LNG 0.23% 148,200 $42M $283.76 $17M +20,400 +16.0%
85 SCHW 0.23% 446,811 $42M $93.98 $14M +170,351 +61.6%
86 AZO 0.23% 12,394 $42M $3,377.78 $12M +3,555 +40.2%
87 MNST 0.23% 570,491 $41M $72.46 $16M +239,550 +72.4%
88 TT 0.23% 99,153 $41M $416.74 $16M +34,930 +54.4%
89 NOW 0.23% 394,070 $41M $104.55 $5M +158,640 +67.4%
90 PANW 0.22% 255,498 $41M $160.32 $12M +99,973 +64.3%
91 PFE 0.22% 1,441,271 $40M $28.08 $18M +519,500 +56.4%
92 KR 0.22% 558,033 $40M $72.36 $18M +205,150 +58.1%
93 0HQN.L 0.22% 142,442 $40M $281.07 $17M +49,700 +53.6%
94 ADI 0.22% 125,086 $40M $318.14 $19M +48,000 +62.3%
95 ADP 0.22% 194,968 $40M $203.18 $11M +82,030 +72.6%
96 TRV 0.22% 135,401 $39M $291.68 $16M +55,310 +69.1%
97 EXC 0.21% 774,076 $38M $49.02 $21M +387,450 +100.2%
98 PH 0.21% 42,380 $38M $895.24 $15M +16,130 +61.5%
99 MDLZ 0.21% 655,180 $38M $57.64 $16M +257,350 +64.7%
100 SPGI 0.21% 88,573 $38M $425.34 $10M +35,813 +67.9%

New Positions

SymbolValue% Port
SPOT $90M 0.49%
SO $20M 0.11%
LITE $13M 0.07%
NEM $12M 0.07%
DUK $11M 0.06%
PCAR $11M 0.06%
COHR $9M 0.05%
ES $8M 0.05%
DTE $8M 0.05%
SLB $8M 0.05%
J $8M 0.04%
FDX $8M 0.04%
CHRW $7M 0.04%
HAL $7M 0.04%
AEP $7M 0.04%

Sold Out Positions

SymbolValue% Port
MRP —%
MDLN —%
NAVN —%
TIGO —%
WIX —%
HOLX —%
CYBR —%
View SEC EDGAR Filings for FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND →

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

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