§ 13F · FUND PROFILE
NORDEA INVESTMENT MANAGEMENT AB.
Nordea, Scandinavian long-term investing
AUM · $114.2B (13F)Positions · 1956Turnover · 43% · Q1Filed · May 13, 2026
CONCENTRATION
19%
Top 10 holdings
NEW BUYS
+44
+$198M deployed
EXITS
0
No exits
SECTOR SHIFT
TECHNOLOGY → OTHER
-2pp · +3pp
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q1 2026
FILED MAY 13, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q1 |
|---|---|---|---|---|---|---|
| 1 | NVDA | NVIDIA CORPORATION | 22.03M | $3.7B | 3.5% | ±0% |
| 2 | AAPL | APPLE INC | 13.50M | $3.3B | 3.1% | +4% |
| 3 | MSFT | MICROSOFT CORP | 7.31M | $2.7B | 2.5% | −5% |
| 4 | NVDA | NVIDIA CORPORATION | 13.19M | $2.2B | 2.1% | — |
| 5 | AAPL | APPLE INC | 6.46M | $1.6B | 1.5% | — |
| 6 | AMZN | AMAZON COM INC | 7.07M | $1.4B | 1.4% | +10% |
| 7 | MSFT | MICROSOFT CORP | 3.97M | $1.4B | 1.3% | — |
| 8 | GOOG | ALPHABET INC | 5.08M | $1.4B | 1.3% | +3% |
| 9 | AVGO | BROADCOM INC | 4.28M | $1.3B | 1.2% | +3% |
| 10 | GOOGL | ALPHABET INC | 4.47M | $1.3B | 1.2% | −3% |
§ 02 · SECTOR ALLOCATION
Where the money is
Other50.5% (+3pp)
Technology15.1% (−2pp)
Semiconductors13.6% (±0)
Media7.6% (±0)
Retail7.3% (+1pp)
Financial Services5.6% (−1pp)
§ 03 · THE NORDEA SIGNAL
AC read
NORDEA INVESTMENT MANAGEMENT AB is a Quality / Compounder fund managing $114.2 billion in assets. The fund runs a massive portfolio of 1,956 positions, broad diversification across holdings. Trading activity is aggressive at 43% quarterly turnover, with 44 new positions and 0 exits last quarter. Top sector allocations: Other (51%), Technology (15%), Semiconductors (14%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
2 FILINGS
Q1 2026
Busy quarter
+44 buys · −0 exits · 811 changed
Q4 2025
Busy quarter
+42 buys · −0 exits · 808 changed
Q3 2025
Busy quarter
+26 buys · −0 exits · 814 changed
Q2 2025
Busy quarter
+24 buys · −0 exits · 832 changed