Q3 2026 13F · SEC CIK 946431

Swedbank AB

Investment managerFiled 2026-10-27 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $117.7B
Reported positions: 691
Top holdings a year, 3 yrs: +22.9%
Average holding period: 2.4 yrs

Swedbank AB is an investment manager that reported 691 positions worth $117.7B in its Q3 2026 13F, filed 2026-10-27. Its largest holdings were Nvidia Corporation (NVDA, 8.4%), Microsoft Corp (MSFT, 6.6%), Apple Inc (AAPL, 5.8%). A portfolio copying its top holdings returned 22.9% a year over the last 3 years, against 18.4% for the S&P 500.

Swedbank AB holdings largest 50 of 691 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Swedbank AB 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
NVDANvidia Corporation	8.4%	7.5%	43,174,416	-0.8%	$9.9B
MSFTMicrosoft Corp	6.6%	4.8%	15,168,363	+2.1%	$7.8B
AAPLApple Inc	5.8%	5.0%	20,675,854	+2.3%	$6.9B
AVGOBroadcom Inc	3.8%	4.3%	12,878,370	-2.2%	$4.5B
AMZNAmazon Com Inc	3.4%	3.4%	16,093,033	-2.5%	$4.0B
GOOGAlphabet Inc	2.8%	3.0%	9,790,472	+1.0%	$3.3B
GOOGLAlphabet Inc	2.6%	3.0%	9,063,029	-6.1%	$3.1B
AMDAdvanced Micro Devices Inc	2.4%	2.1%	4,571,809	+7.7%	$2.8B
METAMeta Platforms Inc	2.2%	1.4%	3,509,038	+24.0%	$2.5B
MUMicron Technology Inc	1.8%	2.4%	1,947,317	-18.1%	$2.1B
LLYEli Lilly & Co	1.7%	1.8%	1,742,837	-2.2%	$2.0B
JPMJpmorgan Chase & Co	1.3%	1.3%	4,634,330	-1.2%	$1.5B
LRCXLam Research Corp	1.3%	1.7%	4,631,551	-0.4%	$1.5B
AMATApplied Matls Inc	1.3%	1.8%	2,910,599	+0.6%	$1.5B
ANETArista Networks Inc	1.2%	0.9%	7,171,632	+13.6%	$1.5B
ADIAnalog Devices Inc	1.2%	1.3%	3,564,877	-6.6%	$1.4B
CCitigroup Inc	1.1%	1.2%	9,562,254	-4.9%	$1.2B
MRKMerck & Co Inc	0.9%	0.7%	7,092,813	+11.5%	$1.0B
MAMastercard Incorporated	0.9%	0.7%	1,865,310	+17.0%	$1.0B
KLACKla Corp	0.9%	1.4%	5,264,496	-4.5%	$1.0B
PLDPrologis Inc	0.8%	0.8%	7,446,446	+4.6%	$966.8M
VVisa Inc	0.8%	0.8%	2,629,650	+2.2%	$944.9M
APHAmphenol Corp	0.7%	0.7%	10,008,358	+109.2%	$843.7M
JNJJohnson & Johnson	0.7%	0.8%	3,182,317	-12.2%	$842.5M
STXSeagate Technology Hldngs Pl	0.7%	0.7%	904,984	+10.1%	$834.7M
NOWServicenow Inc	0.7%	0.5%	6,223,550	+2.7%	$834.0M
PLTRPalantir Technologies Inc	0.7%	—	4,156,710	—	$777.5M
ABBVAbbvie Inc	0.6%	0.6%	2,917,506	+10.7%	$763.2M
BACBank of Amer Corp	0.6%	0.7%	13,708,298	+3.2%	$746.1M
INTCIntel Corp	0.6%	0.7%	6,136,136	+9.1%	$737.7M
TMOThermo Fisher Scientific Inc	0.6%	0.6%	975,770	-24.9%	$658.7M
MCKMckesson Corp	0.5%	0.5%	740,857	-6.7%	$632.6M
TSMTaiwan Semiconductor Manufac	0.5%	0.6%	1,381,105	-4.0%	$630.0M
FTNTFortinet Inc	0.5%	0.5%	3,507,782	+0.3%	$627.1M
MRVLMarvell Technology Inc	0.5%	—	2,362,676	—	$624.2M
BRK-BBerkshire Hathaway Inc Del	0.5%	0.5%	1,248,821	+3.5%	$621.9M
MSIMotorola Solutions Inc	0.5%	0.4%	1,356,115	+13.3%	$604.8M
COSTCostco Wholesale Corporation	0.5%	0.5%	660,749	+2.7%	$601.5M
RPRXRoyalty Pharma PLC	0.5%	0.5%	10,260,593	-4.3%	$598.8M
SPOTSpotify Technology SA	0.5%	0.5%	1,204,506	-9.2%	$587.1M
ICEIntercontinental Exchange Inc	0.5%	0.4%	3,796,813	-2.3%	$577.2M
SPCXSpace Exploration Techn Corp	0.5%	0.5%	3,806,982	+6.9%	$574.3M
EMREmerson Elec Co	0.5%	0.5%	3,666,079	+0.5%	$568.6M
PANWPalo Alto Networks Inc	0.4%	0.7%	1,295,779	-46.6%	$514.8M
CDNSCadence Design System Inc	0.4%	0.7%	1,552,507	-28.3%	$512.6M
SNOWSnowflake Inc	0.4%	—	1,495,859	—	$507.9M
UNHUnitedhealth Group Inc	0.4%	0.6%	1,377,455	-20.4%	$505.6M
CBRECbre Group Inc	0.4%	—	3,769,016	—	$484.2M
LINLinde PLC	0.4%	0.4%	1,004,469	+0.4%	$476.8M
ECLEcolab Inc	0.4%	—	1,669,677	—	$458.5M

What Swedbank AB bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Added to

APH Amphenol Corp+109.2% shares
META Meta Platforms Inc+24.0% shares
MA Mastercard Incorporated+17.0% shares
ANET Arista Networks Inc+13.6% shares
MSI Motorola Solutions Inc+13.3% shares
MRK Merck & Co Inc+11.5% shares
ABBV Abbvie Inc+10.7% shares
STX Seagate Technology Hldngs Pl+10.1% shares

Reduced

PANW Palo Alto Networks Inc-46.6% shares
CDNS Cadence Design System Inc-28.3% shares
TMO Thermo Fisher Scientific Inc-24.9% shares
UNH Unitedhealth Group Inc-20.4% shares
MU Micron Technology Inc-18.1% shares
JNJ Johnson & Johnson-12.2% shares
SPOT Spotify Technology SA-9.2% shares
MCK Mckesson Corp-6.7% shares

Left the top 50

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +22.3% /yr; S&P 500 +20.1%
3 years: +22.9% /yr; S&P 500 +18.4%
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$117.7B	691
Q2 2026	$116.0B	696
Q1 2026	$95.1B	684
Q4 2025	$103.4B	681
Q3 2025	$98.7B	669
Q2 2025	$89.0B	668
Q4 2024	$81.3B	692
Q3 2024	$78.3B	685
Q2 2024	$74.8B	697
Q1 2024	$59.4B	134

Questions about Swedbank AB's portfolio

What stocks does Swedbank AB own?

Swedbank AB's latest 13F, for Q3 2026 and filed Oct 27, 2026, lists 691 positions worth $117.7B. The largest are Nvidia Corporation (NVDA) at 8.4%, Microsoft Corp (MSFT) at 6.6%, Apple Inc (AAPL) at 5.8%, Broadcom Inc (AVGO) at 3.8% and Amazon Com Inc (AMZN) at 3.4%.

What did Swedbank AB buy last quarter?

In Q3 2026, Swedbank AB added Amphenol Corp (APH) (+109.2% shares), Meta Platforms Inc (META) (+24.0% shares) and Mastercard Incorporated (MA) (+17.0% shares), compared with its Q2 2026 filing.

What did Swedbank AB sell last quarter?

In Q3 2026, Swedbank AB cut from its top 50 Cisco Sys Inc (CSCO), cut from its top 50 Home Depot Inc (HD), cut from its top 50 Waste Mgmt Inc Del (WM), cut from its top 50 Netflix Inc. (NFLX), cut from its top 50 Oracle Corp (ORCL), Palo Alto Networks Inc (PANW) (-46.6% shares), Cadence Design System Inc (CDNS) (-28.3% shares) and Thermo Fisher Scientific Inc (TMO) (-24.9% shares), compared with its Q2 2026 filing.

How has Swedbank AB's portfolio performed?

A portfolio copying Swedbank AB's 20 largest 13F holdings each quarter, from the day each filing was public, returned +22.9% a year over the last 3 years, against +18.4% for the S&P 500. Over 1 year: +22.3% against +20.1%.

When is Swedbank AB's next 13F filing due?

13F filings are due 45 days after each quarter ends. Swedbank AB's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.