FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND — 13F Holdings & Portfolio
CIK 1540880 · latest 13F-HR filed 2026-04-27
FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND manages $18.34B in 13F-reported U.S. long-equity assets across 538 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are NVDA (6.47%), AAPL (5.66%), MSFT (4.18%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 46 new positions, exited 7, added to 433, and trimmed 34.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$18.34B
Long-equity book
538
Distinct positions
2026-03-31
Filed 2026-04-27
+46 / −7 / ↑433 / ↓34
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- NVIDIA CORPORATION$402.3M +51.2%
- APPLE INC$348.1M +50.5%
- ISHARES INC$271.7M +130.8%
- AMAZON COM INC$165.0M +47.4%
- ALPHABET INC$155.8M +49.0%
Top Trims
- DYNATRACE INC-$6.9M -98.7%
- BENTLEY SYS INC-$5.0M -99.2%
- EQUITY LIFESTYLE PROPERTIES-$4.2M -95.2%
- DOCUSIGN INC-$3.9M -95.8%
- PAYCOM SOFTWARE INC-$3.7M -99.6%
New Positions
- SPOTIFY TECHNOLOGY S A$89.7M
- SOUTHERN CO$20.0M
- LUMENTUM HLDGS INC$13.1M
- NEWMONT CORP$12.4M
- DUKE ENERGY CORP NEW$11.0M
Exited Positions
- MILLICOM INTL CELLULAR S A$55.4M
- CYBERARK SOFTWARE LTD$9.8M
- HOLOGIC INC$7.6M
- WIX COM LTD$2.8M
- MEDLINE INC$1.9M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | NVIDIA CORPORATION | NVDA | 67066G104 | $1.19B | 6.47% | 6,809,899 | SH |
| 2 | APPLE INC | AAPL | 037833100 | $1.04B | 5.66% | 4,090,648 | SH |
| 3 | MICROSOFT CORP | MSFT | 594918104 | $766.6M | 4.18% | 2,071,039 | SH |
| 4 | AMAZON COM INC | AMZN | 023135106 | $513.1M | 2.80% | 2,463,475 | SH |
| 5 | ISHARES INC | IEMG | 46434G103 | $479.4M | 2.61% | 6,873,267 | SH |
| 6 | ALPHABET INC | GOOGL | 02079K305 | $474.2M | 2.59% | 1,648,994 | SH |
| 7 | ALPHABET INC | GOOG | 02079K107 | $410.1M | 2.24% | 1,429,652 | SH |
| 8 | META PLATFORMS INC | META | 30303M102 | $398.2M | 2.17% | 696,047 | SH |
| 9 | BROADCOM INC | AVGO | 11135F101 | $353.2M | 1.93% | 1,141,003 | SH |
| 10 | ELI LILLY & CO | LLY | 532457108 | $316.9M | 1.73% | 344,542 | SH |
| 11 | JOHNSON & JOHNSON | JNJ | 478160104 | $297.2M | 1.62% | 1,215,969 | SH |
| 12 | VISA INC | V | 92826C839 | $261.8M | 1.43% | 866,330 | SH |
| 13 | WALMART INC | WMT | 931142103 | $219.1M | 1.19% | 1,762,821 | SH |
| 14 | JPMORGAN CHASE & CO | JPM | 46625H100 | $203.6M | 1.11% | 692,247 | SH |
| 15 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $198.9M | 1.08% | 415,039 | SH |
| 16 | MASTERCARD INCORPORATED | MA | 57636Q104 | $184.3M | 1.00% | 368,812 | SH |
| 17 | COSTCO WHOLESALE CORPORATION | COST | 22160K105 | $181.9M | 0.99% | 182,526 | SH |
| 18 | NETFLIX INC. | NFLX | 64110L106 | $177.2M | 0.97% | 1,842,995 | SH |
| 19 | PROCTER & GAMBLE CO | PG | 742718109 | $171.2M | 0.93% | 1,184,928 | SH |
| 20 | CISCO SYS INC | CSCO | 17275R102 | $169.8M | 0.93% | 2,188,717 | SH |
| 21 | COCA COLA CO | KO | 191216100 | $156.6M | 0.85% | 2,058,856 | SH |
| 22 | MERCK & CO INC | MRK | 58933Y105 | $142.2M | 0.78% | 1,182,179 | SH |
| 23 | CATERPILLAR INC | CAT | 149123101 | $132.9M | 0.72% | 187,564 | SH |
| 24 | LAM RESEARCH CORP | LRCX | 512807306 | $124.6M | 0.68% | 583,010 | SH |
| 25 | PEPSICO INC | PEP | 713448108 | $119.9M | 0.65% | 772,134 | SH |
| 26 | ABBVIE INC | ABBV | 00287Y109 | $115.9M | 0.63% | 532,925 | SH |
| 27 | APPLIED MATLS INC | AMAT | 038222105 | $113.8M | 0.62% | 332,858 | SH |
| 28 | AT&T INC | T | 00206R102 | $102.1M | 0.56% | 3,521,120 | SH |
| 29 | UNITEDHEALTH GROUP INC | UNH | 91324P102 | $101.3M | 0.55% | 374,508 | SH |
| 30 | TESLA INC | TSLA | 88160R101 | $98.7M | 0.54% | 265,468 | SH |
| 31 | MICRON TECHNOLOGY INC | MU | 595112103 | $98.3M | 0.54% | 290,887 | SH |
| 32 | LINDE PLC | LIN | G54950103 | $97.2M | 0.53% | 196,087 | SH |
| 33 | TJX COS INC NEW | TJX | 872540109 | $94.4M | 0.51% | 591,418 | SH |
| 34 | MCDONALDS CORP | MCD | 580135101 | $93.8M | 0.51% | 301,720 | SH |
| 35 | VERIZON COMMUNICATIONS INC | VZ | 92343V104 | $91.8M | 0.50% | 1,828,588 | SH |
| 36 | ABBOTT LABORATORIES | ABT | 002824100 | $90.8M | 0.50% | 884,654 | SH |
| 37 | SPOTIFY TECHNOLOGY S A | SPOT | L8681T102 | $89.7M | 0.49% | 185,000 | SH |
| 38 | BANK AMERICA CORP | BAC | 060505104 | $85.9M | 0.47% | 1,761,130 | SH |
| 39 | HOME DEPOT INC | HD | 437076102 | $85.4M | 0.47% | 259,680 | SH |
| 40 | PALANTIR TECHNOLOGIES INC | PLTR | 69608A108 | $84.7M | 0.46% | 579,273 | SH |
| 41 | AMPHENOL CORP | APH | 032095101 | $83.9M | 0.46% | 664,039 | SH |
| 42 | ADVANCED MICRO DEVICES INC | AMD | 007903107 | $83.8M | 0.46% | 412,133 | SH |
| 43 | KLA CORP | KLAC | 482480100 | $83.0M | 0.45% | 56,402 | SH |
| 44 | INTERNATIONAL BUSINESS MACHS | IBM | 459200101 | $79.3M | 0.43% | 327,241 | SH |
| 45 | CME GROUP INC | CME | 12572Q105 | $75.2M | 0.41% | 254,747 | SH |
| 46 | GE AEROSPACE | GE | 369604301 | $74.1M | 0.40% | 261,164 | SH |
| 47 | PROGRESSIVE CORP | PGR | 743315103 | $73.6M | 0.40% | 371,370 | SH |
| 48 | CHUBB LTD SWITZ | CB | H1467J104 | $71.2M | 0.39% | 218,406 | SH |
| 49 | BAKER HUGHES COMPANY | BKR | 05722G100 | $70.8M | 0.39% | 1,159,303 | SH |
| 50 | TEXAS INSTRS INC | TXN | 882508104 | $68.8M | 0.38% | 354,431 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-04-27 | $18.34B | 538 | 0001540880-26-000006 |
| 2025-12-31 | 2026-02-11 | $11.94B | 499 | 0001540880-26-000005 |