PFA Pension, Forsikringsaktieselskab
Institutional investor · Portfolio as of Q2 2026
Top Holdings419 positions
 NVIDIA Corporation | 14.2M | $2.8B | 7.2% | $185.93 | +11.17% | 3 qtrssince 2025-Q4 | Increased 62 |
 Apple Inc. | 8.9M | $2.6B | 6.5% | $271.68 | +22.17% | 3 qtrssince 2025-Q4 | Increased 64 |
 Microsoft Corporation | 4.3M | $1.6B | 4.1% | $475.52 | +9.56% | 3 qtrssince 2025-Q4 | Increased 62 |
 Amazon.com, Inc. | 5.4M | $1.3B | 3.3% | $230.66 | +8.69% | 3 qtrssince 2025-Q4 | Decreased 0 |
 Alphabet Inc. | 3.6M | $1.3B | 3.2% | $313.32 | -10.62% | 3 qtrssince 2025-Q4 | Increased 60 |
 Broadcom Inc. | 2.8M | $1B | 2.7% | $344.78 | -3.67% | 3 qtrssince 2025-Q4 | Increased 56 |
 Alphabet Inc. | 2.9M | $1B | 2.6% | $314.39 | -11.49% | 3 qtrssince 2025-Q4 | Increased 56 |
 Micron Technology, Inc. | 671,006 | $774.5M | 2.0% | $344.79 | +148.01% | 3 qtrssince 2025-Q4 | Increased 54 |
 Meta Platforms, Inc. | 1.3M | $741M | 1.9% | $651.51 | -4.68% | 3 qtrssince 2025-Q4 | Increased 54 |
 Tesla, Inc. | 1.6M | $694M | 1.8% | $449.64 | -11.37% | 3 qtrssince 2025-Q4 | Increased 50 |
 Advanced Micro Devices, Inc. | 999,509 | $580.6M | 1.5% | $222.75 | +117.23% | 3 qtrssince 2025-Q4 | Increased 51 |
 Eli Lilly and Company | 483,132 | $579.5M | 1.5% | $1,073.77 | +31.26% | 3 qtrssince 2025-Q4 | Increased 52 |
 JPMorgan Chase & Co. | 1.5M | $506.9M | 1.3% | $316.53 | +6.78% | 3 qtrssince 2025-Q4 | Increased 52 |
 Applied Materials, Inc. | 561,108 | $405.7M | 1.0% | $317.86 | +20.15% | 3 qtrssince 2025-Q4 | Increased 56 |
 Johnson & Johnson | 1.6M | $403.7M | 1.0% | $206.69 | +28.78% | 3 qtrssince 2025-Q4 | Increased 52 |
 Lam Research Corporation | 926,200 | $401.4M | 1.0% | $170.67 | +35.18% | 3 qtrssince 2025-Q4 | Decreased 0 |
 Intel Corporation | 2.6M | $359.7M | 0.9% | $37.66 | +60.80% | 3 qtrssince 2025-Q4 | Increased 44 |
 Visa Inc. | 1M | $356.4M | 0.9% | $348.19 | +20.74% | 3 qtrssince 2025-Q4 | Increased 46 |
 Cisco Systems, Inc. | 3M | $350.9M | 0.9% | $80.04 | +28.64% | 3 qtrssince 2025-Q4 | Increased 49 |
 Berkshire Hathaway Inc. | 677,815 | $339.2M | 0.9% | $502.65 | +10.83% | 3 qtrssince 2025-Q4 | Decreased 0 |
| Quarter | Reported value in US dollars | Reported value change |
|---|---|---|
| 2026-Q1 | $33,244,436,442 | -5.69311145602% |
| 2026-Q2 | $39,395,307,459 | 18.5019560423% |
PFA Pension, Forsikringsaktieselskab manages $39.4B across 419 positions as of Q2 2026. Top holdings: NVDA (7.2%), AAPL (6.5%), MSFT (4.1%). Fund DNA: High Conviction Activist. HoldingsIntel Score: 1.5/5.0.
Active quarter - 64 new positions, 26 exits, 168 increased. Top move: AAPL (INCREASED, conviction 64). Portfolio: $39.4B across 419 positions.
Top holdings by portfolio weight
Portfolio allocation by GICS sector
Behavioral investing profile
Position Outcomes
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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
Verify source filings on SEC EDGAR