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Fjarde Ap-Fonden /Fourth Swedish National Pension Fund Top Holdings and 13F Report (2026)

About Fjarde Ap-Fonden /Fourth Swedish National Pension Fund

Investment Activity

  • Fjarde Ap-Fonden /Fourth Swedish National Pension Fund has $19.35 billion in total holdings as of September 30, 2026.
  • Fjarde Ap-Fonden /Fourth Swedish National Pension Fund owns shares of 516 different stocks, but just 125 companies or ETFs make up 80% of its holdings.
  • Approximately 2.02% of the portfolio was purchased this quarter.
  • About 10.97% of the portfolio was sold this quarter.
  • This quarter, Fjarde Ap-Fonden /Fourth Swedish National Pension Fund has purchased 525 new stocks and bought additional shares in 95 stocks.
  • Fjarde Ap-Fonden /Fourth Swedish National Pension Fund sold shares of 408 stocks and completely divested from 14 stocks this quarter.

Largest Holdings

NVIDIA
$1,411,129,646
Apple
$1,301,717,901
Microsoft
$1,020,042,185
Amazon.com
$592,501,373
Alphabet
$532,646,162

Largest New Holdings this Quarter

80004C200 - SANDISK CORP
$67,020,563 Holding
69351T106 - PPL
$8,288,280 Holding
693718108 - PACCAR
$7,741,605 Holding
87612G101 - Targa Resources
$4,162,774 Holding
445658107 - J.B. Hunt Transport Services
$1,433,920 Holding

Largest Purchases this Quarter

SANDISK CORP
38,520 shares (about $67.02M)
CrowdStrike
199,096 shares (about $52.71M)
Amphenol
571,551 shares (about $48.18M)
Monster Beverage
421,181 shares (about $17.53M)
WEC Energy Group
167,105 shares (about $16.84M)

Largest Sales this Quarter

NVIDIA
381,232 shares (about $87.07M)
Apple
238,380 shares (about $79.39M)
Microsoft
134,785 shares (about $69.13M)
Tesla
135,880 shares (about $48.21M)
Spotify Technology
92,520 shares (about $45.09M)

Sector Allocation Over Time

Map of 500 Largest Holdings ofFjarde Ap-Fonden /Fourth Swedish National Pension Fund

 
 
Selling
 
 
Neutral
 
 
Buying
Issuer NameHoldings ValueApproximate Purchase/SaleChange in SharesShares Held% of PortfolioSector
NVIDIA Corporation stock logo
NVDA
NVIDIA
$1,411,129,646$87,065,764 ▼-5.8%6,178,8677.3%Technology
Apple Inc. stock logo
AAPL
Apple
$1,301,717,901$79,385,308 ▼-5.7%3,908,8286.7%Technology
Microsoft Corporation stock logo
MSFT
Microsoft
$1,020,042,185$69,131,227 ▼-6.3%1,988,7745.3%Technology
Amazon.com, Inc. stock logo
AMZN
Amazon.com
$592,501,373$33,955,159 ▼-5.4%2,378,0913.1%Consumer Discretionary
Alphabet Inc. stock logo
GOOGL
Alphabet
$532,646,162$30,762,128 ▼-5.5%1,548,0302.8%Communication Services
Meta Platforms, Inc. stock logo
META
Meta Platforms
$478,008,923$29,071,016 ▼-5.7%659,1592.5%Communication Services
Broadcom Inc. stock logo
AVGO
Broadcom
$460,351,442$24,249,670 ▼-5.0%1,310,8332.4%Technology
Alphabet Inc. stock logo
GOOG
Alphabet
$428,420,921$22,729,743 ▼-5.0%1,257,3252.2%Communication Services
Micron Technology, Inc. stock logo
MU
Micron Technology
$307,576,076$17,375,139 ▼-5.3%288,7741.6%Technology
Eli Lilly and Company stock logo
LLY
Eli Lilly and Company
$295,257,889$22,270,319 ▼-7.0%255,1751.5%Healthcare
Johnson & Johnson stock logo
JNJ
Johnson & Johnson
$292,574,764$40,115,788 ▼-12.1%1,105,1401.5%Healthcare
Visa Inc. stock logo
V
Visa
$274,752,701$24,759,634 ▼-8.3%764,6251.4%Finance
Advanced Micro Devices, Inc. stock logo
AMD
Advanced Micro Devices
$254,817,616$13,520,508 ▼-5.0%416,5321.3%Technology
JPMorgan Chase & Co. stock logo
JPM
JPMorgan Chase & Co.
$212,696,893$14,837,064 ▼-6.5%642,9191.1%Finance
Cisco Systems, Inc. stock logo
CSCO
Cisco Systems
$200,426,110$15,147,846 ▼-7.0%1,862,1771.0%Technology
Berkshire Hathaway Inc. stock logo
BRK.B
Berkshire Hathaway
$192,365,056$13,056,249 ▼-6.4%386,3141.0%Finance
Applied Materials, Inc. stock logo
AMAT
Applied Materials
$183,189,611$9,446,211 ▼-4.9%358,2260.9%Technology
Mastercard Incorporated stock logo
MA
Mastercard
$180,176,830$12,689,876 ▼-6.6%326,7210.9%Finance
LAM RESEARCH CORP
$176,180,899$10,416,067 ▼-5.6%536,3030.9%COM NEW
WALMART INC
$172,334,069$9,154,001 ▼-5.0%1,658,3340.9%COM
Procter & Gamble Company (The) stock logo
PG
Procter & Gamble
$160,756,678$8,876,317 ▼-5.2%1,106,5300.8%Consumer Staples
Merck & Co., Inc. stock logo
MRK
Merck & Co., Inc.
$158,531,757$23,451,436 ▼-12.9%1,090,9900.8%Healthcare
Costco Wholesale Corporation stock logo
COST
Costco Wholesale
$156,329,047$4,770,182 ▼-3.0%171,7260.8%Consumer Staples
CocaCola Company (The) stock logo
KO
CocaCola
$154,140,615$17,456,077 ▼-10.2%1,790,6670.8%Consumer Staples
AbbVie Inc. stock logo
ABBV
AbbVie
$134,284,087$7,818,140 ▼-5.5%513,3380.7%Healthcare
Caterpillar Inc. stock logo
CAT
Caterpillar
$134,146,828$7,809,529 ▼-5.5%165,4520.7%Industrials
Intel Corporation stock logo
INTC
Intel
$126,324,940$7,326,816 ▼-5.5%1,050,6940.7%Technology
Netflix, Inc. stock logo
NFLX
Netflix
$119,530,439$11,688,048 ▼-8.9%1,717,8850.6%Communication Services
Amphenol Corporation stock logo
APH
Amphenol
$104,792,488$48,181,750 ▲85.1%1,243,0900.5%Technology
GE Aerospace stock logo
GE
GE Aerospace
$103,981,015$9,756,252 ▼-8.6%332,9630.5%Industrials
KLA Corporation stock logo
KLAC
KLA
$103,332,199$4,715,552 ▼-4.4%530,0990.5%Technology
PALANTIR TECHNOLOGIES INC
$99,972,239$6,491,570 ▼-6.1%534,4680.5%CL A
Texas Instruments Incorporated stock logo
TXN
Texas Instruments
$95,604,521$3,471,996 ▼-3.5%341,3350.5%Technology
Palo Alto Networks, Inc. stock logo
PANW
Palo Alto Networks
$93,413,541$12,548,242 ▼-11.8%235,1150.5%Technology
UnitedHealth Group Incorporated stock logo
UNH
UnitedHealth Group
$91,803,404$2,840,098 ▼-3.0%250,0910.5%Healthcare
PepsiCo, Inc. stock logo
PEP
PepsiCo
$88,493,899$18,867,594 ▼-17.6%698,3420.5%Consumer Staples
LINDE PLC
$87,595,234$8,097,529 ▼-8.5%184,5470.5%SHS
ARISTA NETWORKS INC
$87,520,287$6,219,471 ▼-6.6%429,8850.5%COM SHS
Bank of America Corporation stock logo
BAC
Bank of America
$86,988,828$7,203,919 ▼-7.6%1,598,1780.4%Finance
Verizon Communications Inc. stock logo
VZ
Verizon Communications
$83,346,891$4,195,454 ▼-4.8%1,817,0240.4%Communication Services
Gilead Sciences, Inc. stock logo
GILD
Gilead Sciences
$83,267,826$16,396,394 ▼-16.5%558,6570.4%Healthcare
AT&T Inc. stock logo
T
AT&T
$80,994,703$3,947,066 ▼-4.6%3,319,4550.4%Communication Services
The TJX Companies, Inc. stock logo
TJX
TJX Companies
$78,872,108$2,884,623 ▼-3.5%596,1160.4%Consumer Discretionary
Baker Hughes Company stock logo
BKR
Baker Hughes
$73,253,455$4,291,698 ▼-5.5%1,334,3070.4%Energy
Vertex Pharmaceuticals Incorporated stock logo
VRTX
Vertex Pharmaceuticals
$73,137,460$4,594,977 ▼-5.9%139,8930.4%Healthcare
The Home Depot, Inc. stock logo
HD
Home Depot
$72,231,726$1,667,396 ▼-2.3%253,8990.4%Consumer Discretionary
CrowdStrike stock logo
CRWD
CrowdStrike
$71,634,202$52,710,666 ▲278.5%270,5730.4%Technology
Tesla, Inc. stock logo
TSLA
Tesla
$71,589,303$48,211,582 ▼-40.2%201,7680.4%Consumer Discretionary
The Progressive Corporation stock logo
PGR
Progressive
$71,392,174$3,627,096 ▼-4.8%344,3740.4%Finance
Amgen Inc. stock logo
AMGN
Amgen
$68,508,864$6,082,389 ▼-8.2%162,5320.4%Healthcare
Qualcomm Incorporated stock logo
QCOM
Qualcomm
$67,473,665$2,830,719 ▼-4.0%366,6250.3%Technology
Chubb Limited stock logo
CB
Chubb
$67,384,320$6,072,092 ▼-8.3%207,1770.3%Finance
SANDISK CORP
$67,020,563$67,020,563 ▲New Holding38,5200.3%COM
McDonald's Corporation stock logo
MCD
McDonald's
$66,847,431$7,090,320 ▼-9.6%289,4580.3%Consumer Discretionary
Welltower Inc. stock logo
WELL
Welltower
$66,198,835$7,897,002 ▼-10.7%287,5210.3%Real Estate
The Goldman Sachs Group, Inc. stock logo
GS
The Goldman Sachs Group
$65,331,921$3,280,011 ▼-4.8%72,5620.3%Finance
Wells Fargo & Company stock logo
WFC
Wells Fargo & Company
$64,572,573$3,015,964 ▼-4.5%806,6530.3%Finance
GE VERNOVA INC
$63,657,167$3,573,842 ▼-5.3%66,9730.3%COM
Marvell Technology, Inc. stock logo
MRVL
Marvell Technology
$62,806,944$5,741,547 ▼-8.4%237,7160.3%Technology
CME Group Inc. stock logo
CME
CME Group
$62,687,360$11,847,783 ▼-15.9%239,2830.3%Finance
Salesforce Inc. stock logo
CRM
Salesforce
$62,084,911$1,707,771 ▼-2.7%270,4400.3%Technology
McKesson Corporation stock logo
MCK
McKesson
$61,870,488$6,602,513 ▼-9.6%72,4640.3%Healthcare
Oracle Corporation stock logo
ORCL
Oracle
$61,625,046$3,062,751 ▼-4.7%448,8350.3%Technology
Fortinet, Inc. stock logo
FTNT
Fortinet
$60,849,367$1,525,359 ▼-2.4%340,3970.3%Technology
Thermo Fisher Scientific Inc. stock logo
TMO
Thermo Fisher Scientific
$59,573,162$3,380,650 ▼-5.4%88,2500.3%Healthcare
American Express Company stock logo
AXP
American Express
$59,159,918$2,807,451 ▼-4.5%194,5410.3%Finance
Union Pacific Corporation stock logo
UNP
Union Pacific
$58,926,758$8,337,247 ▼-12.4%216,5390.3%Industrials
Seagate Technology Holdings PLC stock logo
STX
Seagate Technology
$58,124,945$2,221,917 ▼-3.7%63,0190.3%Technology
International Business Machines Corporation stock logo
IBM
International Business Machines
$57,443,736$17,842,921 ▼-23.7%261,1910.3%Technology
Western Digital Corporation stock logo
WDC
Western Digital
$57,111,989$3,474,801 ▼-5.7%125,6700.3%Technology
Analog Devices, Inc. stock logo
ADI
Analog Devices
$56,399,467$3,039,592 ▲5.7%142,1680.3%Technology
Citigroup Inc. stock logo
C
Citigroup
$56,159,101$2,034,519 ▼-3.5%433,7280.3%Finance
Eaton Corporation, PLC stock logo
ETN
Eaton
$55,068,196$3,847,194 ▼-6.5%128,1520.3%Industrials
Abbott Laboratories stock logo
ABT
Abbott Laboratories
$54,789,572$11,421,981 ▼-17.3%554,3820.3%Healthcare
Bristol Myers Squibb Company stock logo
BMY
Bristol Myers Squibb
$54,767,544$7,208,510 ▼-11.6%877,6850.3%Healthcare
Accenture PLC stock logo
ACN
Accenture
$54,474,092$4,578,015 ▼-7.8%297,0720.3%Technology
Morgan Stanley stock logo
MS
Morgan Stanley
$53,397,040$3,669,253 ▼-6.4%283,9060.3%Finance
MARSH & MCLENNAN COS INC
$52,503,061$8,854,058 ▼-14.4%307,5210.3%COM
The Travelers Companies, Inc. stock logo
TRV
Travelers Companies
$50,396,967$5,989,012 ▼-10.6%141,3620.3%Finance
T-Mobile US, Inc. stock logo
TMUS
T-Mobile US
$50,222,605$6,277,112 ▼-11.1%307,9630.3%Communication Services
CHENIERE ENERGY INC
$49,829,736$4,395,950 ▲9.7%185,2200.3%COM NEW
Colgate-Palmolive Company stock logo
CL
Colgate-Palmolive
$49,612,813$2,744,488 ▲5.9%581,4910.3%Consumer Staples
Pfizer Inc. stock logo
PFE
Pfizer
$48,790,790$5,367,863 ▼-9.9%1,710,7570.3%Healthcare
ServiceNow, Inc. stock logo
NOW
ServiceNow
$48,243,332$4,255,086 ▼-8.1%359,9980.2%Technology
Waste Management, Inc. stock logo
WM
Waste Management
$48,030,909$7,587,455 ▼-13.6%235,5380.2%Industrials
Intuitive Surgical, Inc. stock logo
ISRG
Intuitive Surgical
$47,703,391$2,108,377 ▼-4.2%117,3140.2%Healthcare
Adobe Inc. stock logo
ADBE
Adobe
$46,907,790$5,515,741 ▼-10.5%195,4980.2%Technology
Cencora, Inc. stock logo
COR
Cencora
$45,906,123$10,184,180 ▼-18.2%152,8930.2%Healthcare
Spotify Technology stock logo
SPOT
Spotify Technology
$45,072,902$45,092,397 ▼-50.0%92,4800.2%Communication Services
The Charles Schwab Corporation stock logo
SCHW
Charles Schwab
$44,993,241$1,991,453 ▼-4.2%460,3360.2%Finance
The Walt Disney Company stock logo
DIS
Walt Disney
$44,414,869$3,346,100 ▼-7.0%423,4020.2%Communication Services
Dell Technologies Inc. stock logo
DELL
Dell Technologies
$42,277,491$1,390,063 ▲3.4%78,5900.2%Technology
Automatic Data Processing, Inc. stock logo
ADP
Automatic Data Processing
$41,814,752$6,124,538 ▼-12.8%162,0350.2%Industrials
Cloudflare, Inc. stock logo
NET
Cloudflare
$41,439,881$1,406,831 ▼-3.3%119,3270.2%Technology
Monster Beverage Corporation stock logo
MNST
Monster Beverage
$41,290,037$17,529,553 ▲73.8%992,0720.2%Consumer Staples
Uber Technologies, Inc. stock logo
UBER
Uber Technologies
$40,403,362$4,729,862 ▼-10.5%589,7440.2%Industrials
Trane Technologies plc stock logo
TT
Trane Technologies
$38,561,127$2,439,336 ▼-5.9%85,3160.2%Industrials
Deere & Company stock logo
DE
Deere & Company
$38,528,838$955,616 ▼-2.4%57,3730.2%Industrials
O'Reilly Automotive, Inc. stock logo
ORLY
O'Reilly Automotive
$37,950,994$3,437,325 ▼-8.3%444,3390.2%Consumer Discretionary
Elevance Health, Inc. stock logo
ELV
Elevance Health
$37,002,055$3,093,841 ▼-7.7%95,1650.2%Healthcare

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