Q2 2026 13F · SEC CIK 1218210

Nordea Investment Management AB

Asset managerFiled 2026-08-05 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $122.6B
Reported positions: 921
Top holdings a year, 3 yrs: +23.8%
Average holding period: 6.8 yrs

Nordea Investment Management AB is an asset manager that reported 921 positions worth $122.6B in its Q2 2026 13F, filed 2026-08-05. Its largest holdings were Nvidia Corporation Com (NVDA, 6.4%), Apple Inc (AAPL, 5.4%), Microsoft Corp (MSFT, 4.0%). A portfolio copying its top holdings returned 23.8% a year over the last 3 years, against 20.4% for the S&P 500.

Nordea Investment Management AB holdings largest 50 of 921 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 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.

Nordea Investment Management AB 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
NVDANvidia Corporation Com	6.4%	6.4%	39,844,770	-1.5%	$7.9B
AAPLApple Inc	5.4%	5.3%	23,171,514	+1.5%	$6.6B
MSFTMicrosoft Corp	4.0%	4.6%	13,417,667	-0.8%	$5.0B
AVGOBroadcom Inc	2.9%	2.8%	9,596,088	-5.2%	$3.6B
AMZNAmazon Com Inc Com	2.9%	2.9%	14,792,443	-2.9%	$3.5B
GOOGLAlphabet Inc	2.6%	2.4%	8,898,867	-0.8%	$3.2B
GOOGAlphabet Inc	2.5%	2.3%	8,841,020	+0.4%	$3.1B
MUMicron Technology Inc	1.8%	0.6%	1,912,747	-2.3%	$2.2B
LRCXLam Research Corp	1.7%	1.2%	4,966,479	-19.8%	$2.1B
AMDAdvanced Micro Devices Inc	1.5%	0.8%	3,200,884	-25.6%	$1.8B
LLYLilly Eli & Co	1.5%	1.2%	1,477,275	+1.1%	$1.8B
CSCOCisco Sys Inc	1.4%	1.2%	14,458,602	-12.2%	$1.7B
AMATApplied Matls Inc	1.2%	0.6%	1,999,444	-2.1%	$1.5B
METAMeta Platforms Inc Class A	1.1%	1.2%	2,458,915	+8.0%	$1.4B
JNJJohnson & Johnson	1.0%	1.1%	5,024,318	+7.3%	$1.3B
JPMJpmorgan Chase & Co	1.0%	1.0%	3,708,233	+2.0%	$1.2B
ABBVAbbvie Inc	1.0%	0.9%	4,805,342	+9.6%	$1.2B
CCitigroup Inc Com New	0.9%	0.8%	8,246,368	+0.8%	$1.2B
TJXTjx Cos Inc New Com	0.9%	1.1%	7,223,350	+0.3%	$1.1B
MAMastercard Inc.	0.9%	1.0%	2,064,271	-9.1%	$1.1B
FTNTFortinet Inc	0.8%	0.5%	6,782,111	-1.9%	$1.0B
TTTrane Technologies PLC	0.8%	1.0%	2,016,899	-23.2%	$992.6M
GEVGe Vernova Inc	0.8%	0.5%	818,878	+29.4%	$928.2M
DELLDell Technologies Inc	0.8%	—	2,153,604	—	$925.6M
AXPAmerican Express Co Com	0.7%	0.7%	2,610,019	+2.6%	$890.0M
WABWabtec Corp	0.7%	0.8%	3,093,207	-13.0%	$835.5M
VVisa Inc Com Cl A	0.7%	0.7%	2,419,503	-1.7%	$828.5M
AMGNAmgen Inc Com	0.7%	0.8%	2,239,516	-11.1%	$802.3M
MRVLMarvell Technology Inc	0.6%	—	2,650,874	—	$779.9M
MCKMckesson Corp Com	0.6%	0.8%	1,004,498	+1.7%	$752.9M
NFLXNetflix Inc Total	0.6%	0.9%	10,382,920	+4.5%	$749.8M
EMREmerson Elec Co Com	0.6%	0.7%	5,207,019	-12.9%	$746.5M
CRWDCrowdstrike Hldgs Inc Class A	0.5%	—	883,863	—	$667.7M
WMWaste Mgmt Inc Del	0.5%	0.7%	2,957,041	-14.7%	$657.2M
EBAYEbay Inc.	0.5%	0.6%	5,945,915	-10.6%	$654.9M
INTCIntel Corp	0.5%	—	4,764,682	—	$654.2M
GILDGilead Sciences	0.5%	0.7%	5,152,239	-2.1%	$647.9M
EQIXEquinix Inc	0.5%	0.5%	598,929	+10.1%	$628.9M
EXCExelon Corp	0.5%	0.5%	13,226,544	+28.6%	$618.5M
ROKRockwell Automation Inc	0.5%	—	1,235,953	—	$607.9M
HIGHartford Insurance Group, Inc.	0.5%	0.6%	4,541,062	+2.6%	$605.7M
ANETArista Networks Inc	0.5%	0.4%	3,444,227	-15.3%	$580.7M
LINLinde PLC	0.5%	0.9%	1,085,305	-42.5%	$561.9M
SNASnap-on Inc.	0.5%	0.5%	1,393,421	+1.4%	$558.0M
HCAHCA Healthcare Inc	0.5%	0.6%	1,429,943	-1.2%	$553.7M
NEENextera Energy Inc Com	0.4%	0.6%	6,140,594	-17.7%	$538.8M
STLDSteel Dynamics, Inc.	0.4%	—	2,249,235	—	$519.6M
WFCWells Fargo Co New	0.4%	0.4%	6,112,176	+1.6%	$509.1M
CFGCitizens Finl Group Inc	0.4%	—	7,260,023	—	$509.0M
UPSUnited Parcel Svcs Inc Cl B	0.4%	—	4,718,165	—	$501.6M

What Nordea Investment Management AB bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 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: +25.0% /yr; S&P 500 +20.1%
3 years: +23.8% /yr; S&P 500 +20.4%
5 years: +15.2% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 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
Q2 2026	$122.6B	921
Q1 2026	$107.2B	864
Q4 2025	$116.4B	859
Q3 2025	$114.2B	845
Q2 2025	$107.8B	861
Q1 2025	$94.7B	875
Q4 2024	$95.6B	882
Q3 2024	$88.0B	893
Q2 2024	$85.2B	910
Q1 2024	$84.6B	928
Q4 2023	$78.8B	943
Q3 2023	$72.0B	956

Questions about Nordea Investment Management AB's portfolio

What stocks does Nordea Investment Management AB own?

Nordea Investment Management AB's latest 13F, for Q2 2026 and filed Aug 5, 2026, lists 921 positions worth $122.6B. The largest are Nvidia Corporation Com (NVDA) at 6.4%, Apple Inc (AAPL) at 5.4%, Microsoft Corp (MSFT) at 4.0%, Broadcom Inc (AVGO) at 2.9% and Amazon Com Inc Com (AMZN) at 2.9%.

What did Nordea Investment Management AB buy last quarter?

In Q2 2026, Nordea Investment Management AB added Ge Vernova Inc (GEV) (+29.4% shares), Exelon Corp (EXC) (+28.6% shares) and Equinix Inc (EQIX) (+10.1% shares), compared with its Q1 2026 filing.

What did Nordea Investment Management AB sell last quarter?

In Q2 2026, Nordea Investment Management AB cut from its top 50 Merck & Co. Inc (MRK), cut from its top 50 Zoetis Inc (ZTS), cut from its top 50 Newmont Corp (NEM), cut from its top 50 Verizon Communications Inc Com (VZ), cut from its top 50 Republic Svcs Inc (RSG), Linde PLC (LIN) (-42.5% shares), Advanced Micro Devices Inc (AMD) (-25.6% shares) and Trane Technologies PLC (TT) (-23.2% shares), compared with its Q1 2026 filing.

How has Nordea Investment Management AB's portfolio performed?

A portfolio copying Nordea Investment Management AB's 20 largest 13F holdings each quarter, from the day each filing was public, returned +23.8% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +25.0% against +20.1%. Over 5 years: +15.2% a year against +11.6%.

When is Nordea Investment Management AB's next 13F filing due?

13F filings are due 45 days after each quarter ends. Nordea Investment Management AB's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.