Home/Smart Money/DANSKE BANK A/S
§ 13F · FUND PROFILE

DANSKE BANK A/S.

Danish bank, Nordic markets
AUM · $40264.7T (13F)Positions · 2521Turnover · 95% · Q4Filed · Feb 2, 2026
BIG MOVE · Q4
Retail cut 11pp. Other lifted 13pp.
CONCENTRATION
34%
Top 10 holdings
NEW BUYS
+1443
+$7330.8T deployed
EXITS
0
No exits
SECTOR SHIFT
RETAIL → OTHER
-11pp · +13pp
3YR HIT RATE
Top-5 overlap
§ 01 · TOP HOLDINGS

The book · Q4 2025

FILED FEB 2, 2026
#TickerNameShares$ value% portΔ Q4
1NVDANVIDIA Corp15.39M$2870.3T6.7%
2AAPLApple Inc9.22M$2507.3T5.8%+735%
3MSFTMicrosoft Corp4.63M$2237.4T5.2%
4AMZNAmazon.com Inc6.15M$1420.5T3.3%+316%
5GOOGLAlphabet Inc4.03M$1260.6T2.9%
6AVGOBroadcom Inc2.87M$993.2T2.3%
7METAMeta Platforms Inc1.32M$871.4T2.0%
8GOOGAlphabet Inc2.76M$865.9T2.0%
9TSLATesla Inc1.78M$799.7T1.9%+200%
10JPMJPMorgan Chase & Co2.11M$680.6T1.6%
§ 02 · SECTOR ALLOCATION

Where the money is

Other41.4% (+13pp)
Technology18.9% (5pp)
Semiconductors14.0% (+6pp)
Media9.9% (+4pp)
Retail8.1% (11pp)
Financial Services6.6%
§ 03 · THE DANSKE SIGNAL

AC read

DANSKE BANK A/S is a Dealer / Bank fund managing $40264729.8 trillion in assets. The fund runs a massive portfolio of 2,521 positions, broad diversification across holdings, with the top 10 accounting for 34%. Trading activity is aggressive at 95% quarterly turnover, with 1443 new positions and 0 exits last quarter. Top sector allocations: Other (41%), Technology (19%), Semiconductors (14%).

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§ 04 · FILING HISTORY

Q-by-Q deltas

5 FILINGS
Q4 2025
Busy quarter
+1443 buys · 0 exits · 869 changed
Q3 2025
Steady book
+0 buys · 0 exits · 0 changed
Q2 2025
Steady book
+0 buys · 0 exits · 0 changed
Q1 2025
Steady book
+0 buys · 0 exits · 0 changed