§ 13F · FUND PROFILE
NORDEA INVESTMENT MANAGEMENT AB.
Nordea, Scandinavian long-term investing
AUM · $122.6B (13F)Positions · 2068Turnover · 44% · Q2Filed · Aug 5, 2026
CONCENTRATION
19%
Top 10 holdings
NEW BUYS
+120
+$370M deployed
EXITS
0
No exits
SECTOR SHIFT
OTHER → SEMICONDUCTORS
-4pp · +4pp
§ 01 · TOP HOLDINGS
The book · Q2 2026
FILED AUG 5, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q2 |
|---|---|---|---|---|---|---|
| 1 | NVDA | NVIDIA CORPORATION | 21.78M | $4.3B | 3.5% | −2% |
| 2 | AAPL | APPLE INC | 13.72M | $3.9B | 3.2% | +1% |
| 3 | MSFT | MICROSOFT CORP | 7.52M | $2.8B | 2.3% | −1% |
| 4 | NVDA | NVIDIA CORPORATION | 13.02M | $2.6B | 2.1% | — |
| 5 | AAPL | APPLE INC | 6.61M | $1.9B | 1.5% | — |
| 6 | GOOG | ALPHABET INC | 5.18M | $1.8B | 1.5% | ±0% |
| 7 | AMZN | AMAZON COM INC | 7.09M | $1.7B | 1.4% | −3% |
| 8 | AVGO | BROADCOM INC | 4.42M | $1.7B | 1.3% | −5% |
| 9 | GOOGL | ALPHABET INC | 4.50M | $1.6B | 1.3% | −1% |
| 10 | MSFT | MICROSOFT CORP | 4.10M | $1.5B | 1.2% | — |
§ 02 · SECTOR ALLOCATION
Where the money is
Other46.9% (−4pp)
Semiconductors17.8% (+4pp)
Technology15.4% (±0)
Media7.6% (±0)
Retail7.0% (±0)
Financial Services5.3% (±0)
§ 03 · THE NORDEA SIGNAL
AC read
NORDEA INVESTMENT MANAGEMENT AB is a Quality / Compounder fund managing $122.6 billion in assets. The fund runs a massive portfolio of 2,068 positions, broad diversification across holdings. Trading activity is aggressive at 44% quarterly turnover, with 120 new positions and 0 exits last quarter. Top sector allocations: Other (47%), Semiconductors (18%), Technology (15%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
4 OF 2 FILINGS MEASURED
Q2 2026
Busy quarter
+120 buys · −0 exits · 796 changed
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