FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND
Institutional investor · Portfolio as of Q4 2025
Top Holdings499 positions
NVIDIA CORPORATION | 4.2M | $785.4M | 6.6% | $36.14 | +414.79% | 28 qtrssince 2018-Q4 | Decreased 0 |
APPLE INC | 2.5M | $690M | 5.8% | $81.41 | +233.03% | 28 qtrssince 2018-Q4 | Decreased 0 |
MICROSOFT CORP | 1.3M | $613M | 5.1% | $199.17 | +141.29% | 28 qtrssince 2018-Q4 | Decreased 0 |
AMAZON COM INC | 1.5M | $348.1M | 2.9% | $117.69 | +96.12% | 28 qtrssince 2018-Q4 | Decreased 0 |
ALPHABET INC | 1M | $318.3M | 2.7% | $106.75 | +192.63% | 28 qtrssince 2018-Q4 | Decreased 0 |
META PLATFORMS INC | 429,787 | $283.7M | 2.4% | $274.70 | +139.68% | 28 qtrssince 2018-Q4 | Increased 53 |
ALPHABET INC | 888,585 | $278.8M | 2.3% | $108.35 | +189.05% | 28 qtrssince 2018-Q4 | Decreased 0 |
BROADCOM INC | 702,723 | $243.2M | 2.0% | $77.31 | +345.20% | 28 qtrssince 2018-Q4 | Decreased 0 |
ELI LILLY & CO | 214,536 | $230.6M | 1.9% | $302.94 | +253.04% | 28 qtrssince 2018-Q4 | Increased 48 |
ISHARES INC | 3.1M | $207.7M | 1.7% | $66.68 | 0.00% | 1 qtr | New 70 |
VISA INC | 537,177 | $188.4M | 1.6% | $202.08 | +72.52% | 28 qtrssince 2018-Q4 | Increased 48 |
JOHNSON & JOHNSON | 796,200 | $164.8M | 1.4% | $127.98 | +59.15% | 28 qtrssince 2018-Q4 | Decreased 0 |
JPMORGAN CHASE & CO. | 438,187 | $141.2M | 1.2% | $126.69 | +149.53% | 28 qtrssince 2018-Q4 | Decreased 0 |
MASTERCARD INCORPORATED | 228,070 | $130.2M | 1.1% | $282.77 | +100.60% | 28 qtrssince 2018-Q4 | Increased 48 |
BERKSHIRE HATHAWAY INC DEL | 253,899 | $127.6M | 1.1% | $315.95 | +59.09% | 28 qtrssince 2018-Q4 | Increased 47 |
WALMART INC | 1.1M | $122.4M | 1.0% | $65.39 | +69.30% | 8 qtrssince 2023-Q4 | Decreased 0 |
NETFLIX INC | 1.1M | $107.4M | 0.9% | $59.95 | +56.40% | 28 qtrssince 2018-Q4 | Increased 68 |
CISCO SYS INC | 1.4M | $105.8M | 0.9% | $42.82 | +76.63% | 28 qtrssince 2018-Q4 | Decreased 0 |
PROCTER AND GAMBLE CO | 736,378 | $105.5M | 0.9% | $108.53 | +29.17% | 28 qtrssince 2018-Q4 | Decreased 0 |
COSTCO WHSL CORP NEW | 114,416 | $98.7M | 0.8% | $409.83 | +109.49% | 28 qtrssince 2018-Q4 | Increased 42 |
FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND manages $11.9B across 499 positions as of Q4 2025. Top holdings: NVDA (6.6%), AAPL (5.8%), MSFT (5.1%). Fund DNA: Steady Compounder. HoldingsIntel Score: 3/5.0.
Active quarter - 58 new positions, 24 exits, 142 increased. Top move: IEMG (NEW, conviction 70). Portfolio: $11.9B across 499 positions.
Top holdings by portfolio weight
Portfolio allocation by GICS sector
Behavioral investing profile
Position Outcomes
Best and worst performing positions by estimated return
Top Winners
Top Losers
Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.
Similar Funds
Funds with similar investing DNA
Explore More
Accumulation Streaks
Positions with 2+ consecutive quarters of increases - persistent directional conviction.
Continue exploring
Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer
Verify source filings on SEC EDGAR