FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND
Institutional investor · Portfolio as of Q1 2025
Top Holdings527 positions
Stock | Shares | Value | Weight | Avg Buy | Est. P&L | Held | Conviction |
|---|---|---|---|---|---|---|---|
APPLE INC | 2.2M | $485.4M | 5.8% | $103.84 | +112.60% | 25 qtrssince 2018-Q4 | Decreased 0 |
MICROSOFT CORP | 1M | $392M | 4.7% | $129.76 | +190.36% | 25 qtrssince 2018-Q4 | Decreased 0 |
NVIDIA CORP | 3.6M | $386.7M | 4.6% | $110.84 | -1.08% | 25 qtrssince 2018-Q4 | Decreased 0 |
AMAZON.COM INC | 1.3M | $239.7M | 2.9% | $119.45 | +61.33% | 25 qtrssince 2018-Q4 | Decreased 0 |
META PLATFORMS INC-CLASS A | 352,698 | $203.3M | 2.4% | $175.74 | +227.44% | 25 qtrssince 2018-Q4 | Decreased 0 |
VISA INC-CLASS A SHARES | 455,183 | $159.5M | 1.9% | $172.39 | +100.99% | 25 qtrssince 2018-Q4 | Increased 40 |
ELI LILLY & CO | 188,914 | $156M | 1.9% | $225.82 | +261.90% | 25 qtrssince 2018-Q4 | Increased 38 |
ALPHABET INC-CL A | 898,620 | $139M | 1.7% | $91.63 | +67.95% | 25 qtrssince 2018-Q4 | Decreased 0 |
ALPHABET INC-CL C | 779,873 | $121.8M | 1.5% | $90.47 | +72.02% | 25 qtrssince 2018-Q4 | Decreased 0 |
UNITEDHEALTH GROUP INC | 232,618 | $121.8M | 1.5% | $271.13 | +86.55% | 25 qtrssince 2018-Q4 | Increased 39 |
JOHNSON & JOHNSON | 658,969 | $109.3M | 1.3% | $122.05 | +31.20% | 25 qtrssince 2018-Q4 | Decreased 0 |
BERKSHIRE HATHAWAY INC-CL B | 202,159 | $107.7M | 1.3% | $268.26 | +96.20% | 25 qtrssince 2018-Q4 | Decreased 0 |
PROCTER & GAMBLE CO/THE | 628,634 | $107.1M | 1.3% | $99.39 | +64.40% | 25 qtrssince 2018-Q4 | Decreased 0 |
MASTERCARD INC - A | 188,039 | $103.1M | 1.2% | $222.63 | +141.43% | 25 qtrssince 2018-Q4 | Increased 36 |
TESLA INC | 374,262 | $97M | 1.2% | $146.41 | +80.01% | 25 qtrssince 2018-Q4 | Decreased 0 |
BROADCOM INC | 575,690 | $96.4M | 1.2% | $153.82 | +9.29% | 25 qtrssince 2018-Q4 | Decreased 0 |
COSTCO WHOLESALE CORP | 96,956 | $91.7M | 1.1% | $301.80 | +210.73% | 25 qtrssince 2018-Q4 | Increased 37 |
JPMORGAN CHASE & CO | 364,114 | $89.3M | 1.1% | $92.41 | +157.50% | 25 qtrssince 2018-Q4 | Decreased 0 |
NETFLIX INC | 93,686 | $87.4M | 1.0% | $42.28 | +120.87% | 25 qtrssince 2018-Q4 | Increased 35 |
CISCO SYSTEMS INC | 1.2M | $74.5M | 0.9% | $37.84 | +57.76% | 25 qtrssince 2018-Q4 | Decreased 0 |
FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND manages $8.3B across 527 positions as of Q1 2025. Top holdings: AAPL (5.8%), MSFT (4.7%), NVDA (4.6%). Fund DNA: Steady Compounder. HoldingsIntel Rating: 4/5.0.
Active quarter - 7 new positions, 11 exits, 158 increased. Top move: V (INCREASED, conviction 40). Portfolio: $8.3B across 527 positions.
Top holdings by portfolio weight
Portfolio allocation by GICS sector
Behavioral investing profile
Position Outcomes
Best and worst performing positions by estimated return
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Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer