§ 13F · FUND PROFILE
NORDEA INVESTMENT MANAGEMENT AB.
Nordea, Scandinavian long-term investing
AUM · $107782.8T (13F)Positions · 1975Turnover · 99% · Q4Filed · Jan 8, 2026
CONCENTRATION
20%
Top 10 holdings
NEW BUYS
+77
+$253.0T deployed
EXITS
0
No exits
SECTOR SHIFT
TECHNOLOGY → SEMICONDUCTORS
-1pp · +1pp
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q4 2025
FILED JAN 8, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q4 |
|---|---|---|---|---|---|---|
| 1 | NVDA | NVIDIA CORPORATION | 21.64M | $4075.2T | 3.5% | +7% |
| 2 | MSFT | MICROSOFT CORP | 7.50M | $3637.6T | 3.1% | +4% |
| 3 | AAPL | APPLE INC | 13.28M | $3610.6T | 3.1% | +6% |
| 4 | NVDA | NVIDIA CORPORATION | 12.44M | $2342.0T | 2.0% | −38% |
| 5 | MSFT | MICROSOFT CORP | 3.70M | $1794.6T | 1.5% | −49% |
| 6 | AMZN | AMAZON COM INC | 7.52M | $1736.6T | 1.5% | +55% |
| 7 | AAPL | APPLE INC | 5.96M | $1619.9T | 1.4% | −53% |
| 8 | GOOG | ALPHABET INC | 4.92M | $1545.2T | 1.3% | +8% |
| 9 | GOOGL | ALPHABET INC | 4.70M | $1471.4T | 1.3% | — |
| 10 | MSFT | MICROSOFT CORP | 2.96M | $1432.3T | 1.2% | −59% |
§ 02 · SECTOR ALLOCATION
Where the money is
Other47.9% (±0)
Technology17.5% (−1pp)
Semiconductors13.3% (+1pp)
Media8.0% (±0)
Retail6.6% (±0)
Financial Services6.4% (±0)
§ 03 · THE NORDEA SIGNAL
AC read
NORDEA INVESTMENT MANAGEMENT AB is a Quality / Compounder fund managing $107782836.6 trillion in assets. The fund runs a massive portfolio of 1,975 positions, broad diversification across holdings. Trading activity is aggressive at 99% quarterly turnover, with 77 new positions and 0 exits last quarter. Top sector allocations: Other (48%), Technology (18%), Semiconductors (13%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
1 FILINGS
Q4 2025
Busy quarter
+77 buys · −0 exits · 1883 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