PFA Pension, Forsikringsaktieselskab
CIK 1730073 · View on SEC EDGAR ↗
- Portfolio value
- $39.4B
- Positions
- 419
- As of
- June 30, 2026
#168 of 9,443 by 13F value · top 1.8%
Portfolio value QoQ: +18.5% 13F does not disclose cash
- Top 10 holdings weight
- 35.17%
- Top 25 holdings weight
- 49.64%
- Positions above 1%
- 16
- Effective number of positions
- 54.5
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 11.04% Est. buys $5,305,613,374 · sells $4,008,874,353
- New positions
- 65
- Increased
- 169
- Decreased
- 182
- Closed
- 27
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 98.8% · Options excluded: 0.0%
Sector breakdown
Technology
35.6%
Industrials
10.0%
Communication Services
9.2%
Health Care
8.8%
Retail
6.8%
Financial Services
6.8%
Financials
6.6%
Consumer Discretionary
3.9%
Materials
2.3%
Utilities
2.0%
Communications
1.5%
Real Estate
1.5%
Consumer Staples
1.0%
Telecommunication
0.9%
Energy
0.6%
Consumer products
0.4%
Logistics & Transportation
0.4%
Diversified Consumer Services
0.0%
Packaging
0.0%
Other/Unmapped
1.5%
Full portfolio 419 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| NVDA NVIDIA Corporation - Common Stock | $2,847,353,462 | 7.23% | 14,230,364 | $366,498,248 | Up ×2 | ||
| AAPL Apple Inc. - Common Stock | $2,576,807,342 | 6.54% | 8,905,195 | $386,672,998 | Up ×1 | ||
| MSFT Microsoft Corporation - Common Stock | $1,611,794,253 | 4.09% | 4,320,933 | $86,935,013 | Up ×1 | ||
| AMZN Amazon.com, Inc. - Common Stock | $1,280,727,942 | 3.25% | 5,373,533 | $161,482,550 | Down ×1 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $1,274,245,429 | 3.23% | 3,565,619 | $270,068,767 | Up ×1 | ||
| AVGO Broadcom Inc. - Common Stock | $1,044,269,783 | 2.65% | 2,764,447 | $215,312,406 | Up ×2 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $1,010,689,649 | 2.57% | 2,860,469 | $215,932,479 | Up ×2 | ||
| MU Micron Technology, Inc. - Common Stock | $774,536,002 | 1.97% | 671,006 | $563,393,056 | Up ×1 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $740,955,646 | 1.88% | 1,315,407 | $42,583,717 | Up ×1 | ||
| TSLA Tesla, Inc. - Common Stock | $693,970,117 | 1.76% | 1,649,953 | $82,211,342 | Up ×1 | ||
| AMD Advanced Micro Devices, Inc. - Common Stock | $580,624,871 | 1.47% | 999,509 | $382,059,430 | Up ×1 | ||
| LLY Eli Lilly and Company Common Stock | $579,482,599 | 1.47% | 483,132 | $153,591,046 | Up ×2 | ||
| JPM JP Morgan Chase & Co. Common Stock | $506,911,407 | 1.29% | 1,548,625 | $75,013,126 | Up ×2 | ||
| AMAT Applied Materials, Inc. - Common Stock | $405,680,812 | 1.03% | 561,108 | $237,689,186 | Up ×2 | ||
| JNJ Johnson & Johnson Common Stock | $403,665,514 | 1.02% | 1,589,422 | $36,186,346 | Up ×2 | ||
| LRCX Lam Research Corporation - Common Stock | $401,350,272 | 1.02% | 926,200 | $191,525,370 | Down ×2 | ||
| INTC Intel Corporation - Common Stock | $359,749,670 | 0.91% | 2,576,450 | $246,887,861 | Up ×1 | ||
| V Visa Inc. | $356,355,896 | 0.90% | 1,038,666 | $60,121,698 | Up ×2 | ||
| CSCO Cisco Systems, Inc. - Common Stock | $350,946,727 | 0.89% | 2,987,798 | $144,120,460 | Up ×1 | ||
| BRKB | $339,171,931 | 0.86% | 677,815 | $13,332,232 | Down ×2 | ||
| WMT Walmart Inc. - Common Stock | $303,831,899 | 0.77% | 2,682,606 | $-7,798,034 | Up ×1 | ||
| ABBV AbbVie Inc. Common Stock | $296,007,110 | 0.75% | 1,176,312 | $57,914,995 | Up ×2 | ||
| KLAC KLA Corporation - Common Stock | $284,804,505 | 0.72% | 943,968 | $144,250,995 | Up ×1 | ||
| MA Mastercard Incorporated Common Stock | $284,410,194 | 0.72% | 553,758 | $33,313,458 | Up ×2 | ||
| COST Costco Wholesale Corporation - Common Stock | $245,560,191 | 0.62% | 262,499 | $3,483,260 | Up ×1 | ||
| GE GE Aerospace Common Stock | $242,941,887 | 0.62% | 650,047 | $58,399,643 | Down ×2 | ||
| BAC Bank of America Corporation Common Stock | $220,522,366 | 0.56% | 3,870,171 | $31,742,184 | Down ×2 | ||
| UNH UnitedHealth Group Incorporated Common Stock (DE) | $202,210,071 | 0.51% | 486,515 | $74,293,361 | Up ×1 | ||
| GS Goldman Sachs Group, Inc. (The) Common Stock | $196,242,835 | 0.50% | 194,037 | $35,537,677 | Up ×1 | ||
| GEV GE Vernova Inc. Common Stock | $188,007,938 | 0.48% | 160,026 | $44,237,479 | Down ×1 | ||
| NFLX Netflix, Inc. - Common Stock | $184,551,926 | 0.47% | 2,584,761 | $-44,149,377 | Up ×1 | ||
| IBM International Business Machines Corporation Common Stock | $182,645,623 | 0.46% | 649,499 | $40,846,389 | Up ×1 | ||
| LIN Linde plc - Ordinary Shares | $180,977,896 | 0.46% | 348,745 | $-15,770,694 | Down ×2 | ||
| MRVL Marvell Technology, Inc. - Common Stock | $176,457,877 | 0.45% | 592,359 | $123,866,771 | Up ×2 | ||
| HD Home Depot, Inc. (The) Common Stock | $175,473,240 | 0.45% | 497,542 | $11,791,742 | Down ×2 | ||
| TXN Texas Instruments Incorporated - Common Stock | $174,173,763 | 0.44% | 584,338 | $81,087,757 | Up ×1 | ||
| MRK Merck & Company, Inc. Common Stock (new) | $172,356,794 | 0.44% | 1,341,298 | $-4,209,570 | Down ×2 | ||
| WDC Western Digital Corporation - Common Stock | $168,667,494 | 0.43% | 264,071 | $82,475,675 | Down ×1 | ||
| PLTR Palantir Technologies Inc. - Class A Common Stock | $151,789,780 | 0.39% | 1,301,018 | $-27,777,651 | Up ×1 | ||
| AXP American Express Company Common Stock | $151,291,839 | 0.38% | 447,278 | $20,098,333 | Up ×1 | ||
| STX Seagate Technology Holdings PLC - Ordinary Shares (Ireland) | $148,428,816 | 0.38% | 153,812 | $87,076,593 | Down ×1 | ||
| MS Morgan Stanley Common Stock | $147,208,648 | 0.37% | 704,213 | $40,796,666 | Up ×1 | ||
| ED Consolidated Edison, Inc. Common Stock | $146,638,259 | 0.37% | 1,325,484 | $6,748,702 | Up ×2 | ||
| VZ Verizon Communications Inc. Common Stock | $146,509,556 | 0.37% | 3,460,311 | $-5,844,948 | Up ×2 | ||
| ORCL Oracle Corporation Common Stock | $146,375,554 | 0.37% | 998,810 | $1,885,610 | Up ×2 | ||
| C Citigroup, Inc. Common Stock | $146,029,075 | 0.37% | 1,043,363 | $9,025,240 | Down ×2 | ||
| APH Amphenol Corporation Common Stock | $145,896,299 | 0.37% | 827,452 | $45,953,062 | Up ×2 | ||
| CB Chubb Limited Common Stock | $138,106,991 | 0.35% | 405,315 | $56,635,061 | Up ×2 | ||
| T AT&T Inc. | $137,841,017 | 0.35% | 6,658,986 | $-15,678,053 | Up ×2 | ||
| DIS Walt Disney Company (The) Common Stock | $133,417,688 | 0.34% | 1,386,158 | $1,631,173 | Up ×2 | ||
| AMGN Amgen Inc. - Common Stock | $133,283,989 | 0.34% | 368,066 | $14,987,530 | Up ×1 | ||
| AME AMETEK, Inc. | $132,815,904 | 0.34% | 548,962 | $74,406,400 | Up ×1 | ||
| PNC PNC Financial Services Group, Inc. (The) Common Stock | $129,927,991 | 0.33% | 527,691 | $16,463,266 | Down ×2 | ||
| ADI Analog Devices, Inc. - Common Stock | $129,700,952 | 0.33% | 326,563 | $33,964,667 | Up ×1 | ||
| PEP PepsiCo, Inc. - Common Stock | $129,047,361 | 0.33% | 953,082 | $824,165 | Up ×2 | ||
| GLW Corning Incorporated Common Stock | $128,667,508 | 0.33% | 503,729 | $58,952,474 | Down ×1 | ||
| SCHW Charles Schwab Corporation (The) Common Stock | $127,867,985 | 0.32% | 1,385,802 | $22,729,296 | Up ×1 | ||
| BMY Bristol-Myers Squibb Company Common Stock | $121,829,832 | 0.31% | 2,114,367 | $25,041,290 | Up ×2 | ||
| BKR Baker Hughes Company - Common Stock | $121,796,256 | 0.31% | 2,194,527 | $-35,728,829 | Down ×2 | ||
| ANET Arista Networks, Inc. Common Stock | $121,310,471 | 0.31% | 714,095 | $41,956,700 | Up ×2 | ||
| GILD Gilead Sciences, Inc. - Common Stock | $119,807,998 | 0.30% | 948,298 | $4,887,217 | Up ×1 | ||
| QCOM QUALCOMM Incorporated - Common Stock | $118,829,647 | 0.30% | 643,052 | $29,732,879 | Down ×2 | ||
| ECL Ecolab Inc. Common Stock | $118,477,464 | 0.30% | 425,245 | $4,479,925 | Down ×1 | ||
| DELL Dell Technologies Inc. Class C Common Stock | $117,561,373 | 0.30% | 272,473 | $67,199,910 | Down ×1 | ||
| WFC Wells Fargo & Company Common Stock | $116,368,983 | 0.30% | 1,408,144 | $-30,166,117 | Down ×2 | ||
| PH Parker-Hannifin Corporation Common Stock | $114,356,704 | 0.29% | 116,915 | $9,565,173 | Down ×1 | ||
| TRV The Travelers Companies, Inc. Common Stock | $112,525,636 | 0.29% | 340,863 | $36,771,155 | Up ×2 | ||
| KO Coca-Cola Company (The) Common Stock | $111,647,803 | 0.28% | 1,373,789 | $-68,850,187 | Down ×2 | ||
| EXC Exelon Corporation - Common Stock | $108,357,400 | 0.28% | 2,324,269 | $-22,173,396 | Down ×2 | ||
| CRM Salesforce, Inc. Common Stock | $107,514,696 | 0.27% | 686,293 | $4,583,747 | Up ×1 | ||
| BAP Credicorp Ltd. Common Stock | $107,444,854 | 0.27% | 275,797 | $2,470,237 | Down ×2 | ||
| FLEX Flex Ltd. - Ordinary Shares | $105,036,856 | 0.27% | 648,096 | $76,001,167 | Up ×2 | ||
| HAL Halliburton Company Common Stock | $104,434,343 | 0.27% | 3,076,122 | $-28,447,606 | Down ×2 | ||
| CRWD CrowdStrike Holdings, Inc. - Class A Common Stock | $103,371,307 | 0.26% | 135,455 | $50,494,331 | Up ×1 | ||
| NEE NextEra Energy, Inc. Common Stock | $102,532,638 | 0.26% | 1,168,197 | $-18,722,362 | Down ×2 | ||
| MCD McDonald's Corporation Common Stock | $99,292,098 | 0.25% | 367,327 | $-18,278,445 | Down ×2 | ||
| VICI VICI Properties Inc. Common Stock | $99,010,627 | 0.25% | 3,729,214 | $13,557,232 | Up ×1 | ||
| ALL Allstate Corporation (The) Common Stock | $98,292,752 | 0.25% | 413,099 | $26,748,466 | Up ×1 | ||
| PGR Progressive Corporation (The) Common Stock | $98,010,281 | 0.25% | 448,662 | $10,192,096 | Up ×1 | ||
| ADP Automatic Data Processing, Inc. - Common Stock | $97,971,620 | 0.25% | 437,471 | $-3,545,168 | Down ×2 | ||
| PG Procter & Gamble Company (The) Common Stock | $97,837,902 | 0.25% | 667,198 | $-92,964,905 | Down ×2 | ||
| ATO Atmos Energy Corporation Common Stock | $97,498,524 | 0.25% | 565,963 | $-25,901,780 | Down ×1 | ||
| ROK Rockwell Automation, Inc. Common Stock | $96,537,485 | 0.25% | 194,994 | $53,226,003 | Up ×2 | ||
| ITW Illinois Tool Works Inc. Common Stock | $95,546,472 | 0.24% | 353,261 | $89,183,423 | Up ×2 | ||
| TJX TJX Companies, Inc. (The) Common Stock | $95,381,528 | 0.24% | 629,581 | $-5,320,464 | Down ×2 | ||
| CMS CMS Energy Corporation Common Stock | $94,979,073 | 0.24% | 1,241,557 | Up ×1 | |||
| UNP Union Pacific Corporation Common Stock | $94,393,050 | 0.24% | 347,033 | $-13,944,759 | Down ×2 | ||
| BKNG Booking Holdings Inc. - Common Stock | $93,908,882 | 0.24% | 526,868 | $12,432,809 | Up ×1 | ||
| DE Deere & Company Common Stock | $93,805,998 | 0.24% | 147,882 | $3,634,236 | Down ×2 | ||
| NI NiSource Inc Common Stock | $91,677,069 | 0.23% | 1,928,014 | $-20,307,806 | Down ×2 | ||
| NEM Newmont Corporation | $91,093,784 | 0.23% | 975,308 | $-10,009,762 | Up ×1 | ||
| USB U.S. Bancorp Common Stock | $90,739,403 | 0.23% | 1,502,308 | Up ×1 | |||
| FTNT Fortinet, Inc. - Common Stock | $90,361,142 | 0.23% | 588,212 | $45,994,657 | Up ×1 | ||
| ETN Eaton Corporation, PLC Ordinary Shares | $90,010,623 | 0.23% | 211,233 | $-19,219,340 | Down ×2 | ||
| COF Capital One Financial Corporation Common Stock | $87,771,608 | 0.22% | 437,502 | $-10,616,089 | Down ×2 | ||
| CINF Cincinnati Financial Corporation - Common Stock | $85,919,272 | 0.22% | 464,077 | $54,691,869 | Up ×2 | ||
| CMI Cummins Inc. Common Stock | $85,697,667 | 0.22% | 120,158 | $-10,872,964 | Down ×2 | ||
| BK The Bank of New York Mellon Corporation Common Stock | $85,231,991 | 0.22% | 589,392 | $-11,093,157 | Down ×2 | ||
| UBER Uber Technologies, Inc. Common Stock | $84,573,164 | 0.21% | 1,172,023 | $201,011 | Down ×2 | ||
| ISRG Intuitive Surgical, Inc. - Common Stock | $82,307,410 | 0.21% | 206,969 | $-6,874,862 | Up ×1 | ||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| CMS | $94,979,073 | 1,241,557 | 0.24% |
| USB | $90,739,403 | 1,502,308 | 0.23% |
| CFG | $78,838,699 | 1,125,142 | 0.20% |
| ETR | $76,374,993 | 664,940 | 0.19% |
| RF | $76,101,085 | 2,519,903 | 0.19% |
| STT | $74,808,283 | 441,087 | 0.19% |
| NDSN | $66,611,739 | 220,795 | 0.17% |
| Unknown issuer (CUSIP: 26614N201) | $61,849,389 | 455,982 | 0.16% |
| O | $59,849,277 | 965,934 | 0.15% |
| MKL | $57,208,942 | 29,293 | 0.15% |
| KEY | $53,461,816 | 2,319,385 | 0.14% |
| EMR | $52,911,794 | 369,625 | 0.13% |
| Unknown issuer (CUSIP: 438516205) | $52,909,731 | 236,310 | 0.13% |
| FTV | $52,438,959 | 858,389 | 0.13% |
| Unknown issuer (CUSIP: 43849R105) | $52,243,338 | 236,310 | 0.13% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| MU | Bought more | +46K | +$563.4M |
| AAPL | Bought more | +275K | +$386.7M |
| AMD | Bought more | +23K | +$382.1M |
| NVDA | Bought more | +5K | +$366.5M |
| GOOGL | Bought more | +74K | +$270.1M |
| INTC | Bought more | +19K | +$246.9M |
| AMAT | Bought more | +70K | +$237.7M |
| GOOG | Bought more | +90K | +$215.9M |
| AVGO | Bought more | +86K | +$215.3M |
| LRCX | Trimmed | -56K | +$191.5M |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| HON | June 30, 2026 | 473,253 | $106,969,285 | -1.9% |
| EMN | June 30, 2026 | 619,097 | $47,249,453 | 11.3% |
| KMB | June 30, 2026 | 481,343 | $46,435,192 | -1.2% |
| TAP | June 30, 2026 | 1,040,304 | $44,795,485 | 8.8% |
| SEIC | June 30, 2026 | 519,311 | $40,750,329 | 24.3% |
| EQH | June 30, 2026 | 1,022,919 | $37,960,538 | 12.2% |
| AIZ | June 30, 2026 | 149,485 | $32,559,330 | 5.5% |
| CCL | June 30, 2026 | 811,129 | $20,992,009 | -10.1% |
| DD | June 30, 2026 | 451,687 | $20,687,264 | 3.3% |
| TRMB | June 30, 2026 | 237,519 | $15,493,387 | 16.3% |
| SOLS | June 30, 2026 | 185,836 | $14,153,269 | -35.5% |
| DT | June 30, 2026 | 351,906 | $13,013,497 | 9.7% |
| LEN | June 30, 2026 | 115,109 | $9,996,070 | -4.5% |
| DOCU | June 30, 2026 | 206,646 | $9,797,065 | 37.2% |
| PAYC | June 30, 2026 | 52,180 | $6,342,006 | 79.2% |
| IOT | June 30, 2026 | 169,512 | $5,371,821 | 17.9% |
| AFRM | June 30, 2026 | 106,844 | $4,895,586 | -7.6% |
| GRAB | June 30, 2026 | 1,269,594 | $4,646,714 | -5.7% |
| VSNT | June 30, 2026 | 118,587 | $4,390,097 | 7.9% |
| CCI | June 30, 2026 | 50,970 | $4,144,371 | 0.4% |
| FCNCA | March 31, 2026 | 1,460 | $3,153,980 | 15.7% |
| EIX | March 31, 2026 | 39,190 | $2,365,117 | 0.9% |
| LUMN | March 31, 2026 | 275,662 | $2,155,677 | -13.5% |
| UAL | June 30, 2026 | 21,263 | $1,957,684 | -16.9% |
| CHWY | June 30, 2026 | 72,300 | $1,952,100 | 20.6% |
| AGX | March 31, 2026 | 6,182 | $1,950,050 | -4.6% |
| ULS | June 30, 2026 | 22,125 | $1,896,334 | -26.5% |
| AU | June 30, 2026 | 19,403 | $1,889,076 | 49.1% |
| AER | June 30, 2026 | 13,759 | $1,887,460 | 0.7% |
| PRI | June 30, 2026 | 7,393 | $1,851,799 | 5.0% |
| DY | March 31, 2026 | 5,392 | $1,847,623 | 19.7% |
| DCI | March 31, 2026 | 20,252 | $1,828,553 | 10.0% |
| BR | March 31, 2026 | 8,016 | $1,805,524 | 10.3% |
| DRI | March 31, 2026 | 9,675 | $1,789,391 | 11.3% |
| MNST | June 30, 2026 | 23,880 | $1,730,345 | -50.5% |
| FG | March 31, 2026 | 39,494 | $1,256,698 | -8.5% |