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Fjarde Ap-Fonden /fourth Swedish National Pension Fund

Form 13F · CIK 1540880. Holdings on 30 Sep 2026, as filed with the SEC on 15 Oct 2026, each set beside the June 2026 quarter. The 13F on the SEC's site.

Fjarde Ap-Fonden /fourth Swedish National Pension Fund reported 516 positions worth $19.4B for the September 2026 quarter, on a Form 13F filed 15 Oct 2026; the largest holding was NVIDIA Corp., at 7.3% of the fund.

What it bought and sold

The largest moves since the June 2026 quarter, by the dollars that moved: 5 opened, 90 added, 410 trimmed, 14 sold out.

New position: 5

CompanyValueChange in shares
Sandisk Corp. (SNDK)$67.0M+38,520
PPL Corp. (PPL)$8.3M+252,000
Paccar Inc. (PCAR)$7.7M+70,500
Targa Resources Corp. (TRGP)$4.2M+15,400
J.B. Hunt Transport Services, Inc. (JBHT)$1.4M+6,400

Added: 90

CompanyValueChange in shares
WEC Energy Group, Inc. (WEC)$21.6M+167,105
Eversource Energy (ES)$13.8M+177,831
Bank of New York Mellon Corp. (BNY)$34.1M+70,426
Ameren Corp. (AEE)$12.3M+101,253
Snowflake Inc. (SNOW)$36.3M+1,936
Dell Technologies Inc. (DELL)$42.3M+2,584
Cheniere Energy, Inc. (LNG)$49.8M+16,340
CMS Energy Corp. (CMS)$10.5M+141,746
First Citizens Bancshares Inc. (FCNCA)$14.3M+3,330
International Flavors & Fragrances Inc. (IFF)$9.8M+78,463

Trimmed: 410

CompanyValueChange in shares
Microsoft Corp. (MSFT)$1.0B-134,785
Apple Inc. (AAPL)$1.3B-238,380
NVIDIA Corp. (NVDA)$1.4B-381,232
Applied Materials Inc. (AMAT)$183.2M-18,472
Meta Platforms, Inc. (META)$478.0M-40,088
Tesla, Inc. (TSLA)$71.6M-135,880
Lam Research Corp. (LRCX)$176.2M-31,707
KLA Corp. (KLAC)$103.3M-24,191
Broadcom Inc. (AVGO)$460.4M-69,050
Alphabet Inc. (GOOGL)$532.6M-89,404

Sold out: 14

CompanyValue a quarter beforeChange in shares
iShares Core MSCI Emerging Mark (IEMG)$345.0M-4,165,043
Electronic Arts Inc (EA)$30.1M-146,989
Teva Pharmaceutical Industries Ltd. (TEVA)$17.0M-502,563
Avalonbay Cmntys Inc. (AVB)$7.9M-41,921
Sempra (SRE)$6.5M-70,650
Pg&E Corp. (PCG)$3.6M-211,200
Cirrus Logic, Inc. (CRUS)$891.2K-6,000
Docusign, Inc. (DOCU)$160.5K-3,614
United Airlines Holdings, Inc. (UAL)$149.6K-1,100
Versant Media Group, Inc. (VSNT)$148.3K-4,119

Largest holdings

The 100 largest of 516, by value.

CompanyValueOf the fundSharesChange in sharesMove
NVIDIA Corp. (NVDA)$1.4B7.29%6,178,867-381,232Trimmed
Apple Inc. (AAPL)$1.3B6.73%3,908,828-238,380Trimmed
Microsoft Corp. (MSFT)$1.0B5.27%1,988,774-134,785Trimmed
Amazon.com Inc. (AMZN)$592.5M3.06%2,378,091-136,284Trimmed
Alphabet Inc. (GOOGL)$532.6M2.75%1,548,030-89,404Trimmed
Meta Platforms, Inc. (META)$478.0M2.47%659,159-40,088Trimmed
Broadcom Inc. (AVGO)$460.4M2.38%1,310,833-69,050Trimmed
Alphabet Inc. (GOOG)$428.4M2.21%1,257,325-66,707Trimmed
Micron Technology Inc. (MU)$307.6M1.59%288,774-16,313Trimmed
Eli Lilly & Co. (LLY)$295.3M1.53%255,175-19,247Trimmed
Johnson & Johnson (JNJ)$292.6M1.51%1,105,140-151,529Trimmed
Visa Inc. (V)$274.8M1.42%764,625-68,905Trimmed
Advanced Micro Devices Inc. (AMD)$254.8M1.32%416,532-22,101Trimmed
JPMorgan Chase & Co. (JPM)$212.7M1.10%642,919-44,848Trimmed
Cisco Systems, Inc. (CSCO)$200.4M1.04%1,862,177-140,740Trimmed
Berkshire Hathaway Inc. Class B (BRKB)$192.4M0.99%386,314-26,220Trimmed
Applied Materials Inc. (AMAT)$183.2M0.95%358,226-18,472Trimmed
Mastercard Inc. (MA)$180.2M0.93%326,721-23,011Trimmed
Lam Research Corp. (LRCX)$176.2M0.91%536,303-31,707Trimmed
Walmart Inc. (WMT)$172.3M0.89%1,658,334-88,087Trimmed
Procter & Gamble Co. (PG)$160.8M0.83%1,106,530-61,098Trimmed
Merck & Co., Inc. (MRK)$158.5M0.82%1,090,990-161,389Trimmed
Costco Wholesale Corp. (COST)$156.3M0.81%171,726-5,240Trimmed
Coca-Cola Co. (KO)$154.1M0.80%1,790,667-202,789Trimmed
AbbVie Inc. (ABBV)$134.3M0.69%513,338-29,887Trimmed
Caterpillar Inc. (CAT)$134.1M0.69%165,452-9,632Trimmed
Intel Corp. (INTC)$126.3M0.65%1,050,694-60,940Trimmed
Netflix Inc. (NFLX)$119.5M0.62%1,717,885-167,980Trimmed
Amphenol Corp. (APH)$104.8M0.54%1,243,090-99,988Trimmed
General Electric Co. (GE)$104.0M0.54%332,963-31,241Trimmed
KLA Corp. (KLAC)$103.3M0.53%530,099-24,191Trimmed
Palantir Technologies Inc. (PLTR)$100.0M0.52%534,468-34,705Trimmed
Texas Instruments Inc. (TXN)$95.6M0.49%341,335-12,396Trimmed
Palo Alto Networks Inc. (PANW)$93.4M0.48%235,115-31,583Trimmed
UnitedHealth Group Inc. (UNH)$91.8M0.47%250,091-7,737Trimmed
PepsiCo Inc. (PEP)$88.5M0.46%698,342-148,892Trimmed
Linde plc (LIN)$87.6M0.45%184,547-17,060Trimmed
Arista Networks, Inc. (ANET)$87.5M0.45%429,885-30,549Trimmed
Bank of America Corp. (BAC)$87.0M0.45%1,598,178-132,352Trimmed
Verizon Communications Inc. (VZ)$83.3M0.43%1,817,024-91,464Trimmed
Gilead Sciences, Inc. (GILD)$83.3M0.43%558,657-110,006Trimmed
AT&T Inc. (T)$81.0M0.42%3,319,455-161,765Trimmed
TJX Companies Inc. (TJX)$78.9M0.41%596,116-21,802Trimmed
Baker Hughes Co. (BKR)$73.3M0.38%1,334,307-78,173Trimmed
Vertex Pharmaceuticals Inc. (VRTX)$73.1M0.38%139,893-8,789Trimmed
Home Depot, Inc. (HD)$72.2M0.37%253,899-5,861Trimmed
CrowdStrike Holdings, Inc. (CRWD)$71.6M0.37%270,573-15,335Trimmed
Tesla, Inc. (TSLA)$71.6M0.37%201,768-135,880Trimmed
Progressive Corp. (PGR)$71.4M0.37%344,374-17,496Trimmed
Amgen Inc. (AMGN)$68.5M0.35%162,532-14,430Trimmed
Qualcomm Inc. (QCOM)$67.5M0.35%366,625-15,381Trimmed
Chubb Ltd. (CB)$67.4M0.35%207,177-18,669Trimmed
Sandisk Corp. (SNDK)$67.0M0.35%38,520+38,520New position
McDonald's Corp. (MCD)$66.8M0.34%289,458-30,702Trimmed
Welltower Inc. (WELL)$66.2M0.34%287,521-34,299Trimmed
Goldman Sachs Group Inc. (GS)$65.3M0.34%72,562-3,643Trimmed
Wells Fargo & Company (WFC)$64.6M0.33%806,653-37,676Trimmed
GE Vernova Inc. (GEV)$63.7M0.33%66,973-3,760Trimmed
Marvell Technology, Inc. (MRVL)$62.8M0.33%237,716-21,731Trimmed
CME Group Inc. (CME)$62.7M0.32%239,283-45,224Trimmed
Salesforce, Inc. (CRM)$62.1M0.32%270,440-7,439Trimmed
McKesson Corp. (MCK)$61.9M0.32%72,464-7,733Trimmed
Oracle Corp. (ORCL)$61.6M0.32%448,835-22,307Trimmed
Fortinet, Inc. (FTNT)$60.8M0.31%340,397-8,533Trimmed
Thermo Fisher Scientific Inc. (TMO)$59.6M0.31%88,250-5,008Trimmed
American Express Co. (AXP)$59.2M0.31%194,541-9,232Trimmed
Union Pacific Corp. (UNP)$58.9M0.30%216,539-30,637Trimmed
Seagate Technology Holdings plc (STX)$58.1M0.30%63,019-2,409Trimmed
International Business Machines Corp. (IBM)$57.4M0.30%261,191-81,130Trimmed
Western Digital Corp. (WDC)$57.1M0.29%125,670-7,646Trimmed
Analog Devices Inc. (ADI)$56.4M0.29%142,168+7,662Added
Citigroup Inc. (C)$56.2M0.29%433,728-15,713Trimmed
Eaton Corp. plc (ETN)$55.1M0.28%128,152-8,953Trimmed
Abbott Laboratories (ABT)$54.8M0.28%554,382-115,572Trimmed
Bristol-Myers Squibb Co. (BMY)$54.8M0.28%877,685-115,521Trimmed
Accenture plc (ACN)$54.5M0.28%297,072-24,966Trimmed
Morgan Stanley (MS)$53.4M0.28%283,906-19,509Trimmed
Marsh & McLennan Companies, Inc. (MRSH)$52.5M0.27%307,521-51,860Trimmed
Travelers Companies, Inc. (TRV)$50.4M0.26%141,362-16,799Trimmed
T-Mobile US, Inc. (TMUS)$50.2M0.26%307,963-38,491Trimmed
Cheniere Energy, Inc. (LNG)$49.8M0.26%185,220+16,340Added
Colgate-Palmolive Co. (CL)$49.6M0.26%581,491+32,167Added
Pfizer Inc. (PFE)$48.8M0.25%1,710,757-188,214Trimmed
ServiceNow, Inc. (NOW)$48.2M0.25%359,998-31,752Trimmed
Waste Management Inc. (WM)$48.0M0.25%235,538-37,208Trimmed
Intuitive Surgical Inc. (ISRG)$47.7M0.25%117,314-5,185Trimmed
Adobe Inc. (ADBE)$46.9M0.24%195,498-22,988Trimmed
Cencora, Inc. (COR)$45.9M0.24%152,893-33,919Trimmed
Spotify Technology S.A. (SPOT)$45.1M0.23%92,480-92,520Trimmed
Charles Schwab Corp. (SCHW)$45.0M0.23%460,336-20,375Trimmed
Walt Disney Co. (DIS)$44.4M0.23%423,402-31,898Trimmed
Dell Technologies Inc. (DELL)$42.3M0.22%78,590+2,584Added
Automatic Data Processing Inc. (ADP)$41.8M0.22%162,035-23,733Trimmed
Cloudflare, Inc. (NET)$41.4M0.21%119,327-4,051Trimmed
Monster Beverage Corp. (MNST)$41.3M0.21%992,072-149,710Trimmed
Uber Technologies, Inc. (UBER)$40.4M0.21%589,744-69,039Trimmed
Trane Technologies plc (TT)$38.6M0.20%85,316-5,397Trimmed
Deere & Co. (DE)$38.5M0.20%57,373-1,423Trimmed
O'Reilly Automotive, Inc. (ORLY)$38.0M0.20%444,339-40,245Trimmed
Elevance Health, Inc. (ELV)$37.0M0.19%95,165-7,957Trimmed

Every quarter it filed

What the fund reported and how many positions it held, each quarter since September 2024.

QuarterReported valuePositions
September 2026 quarter$19.4B516
June 2026 quarter$20.9B525
March 2026 quarter$18.3B538
December 2025 quarter$11.9B499
September 2025 quarter$11.6B465
June 2025 quarter$10.8B494
March 2025 quarter$8.3B527
December 2024 quarter$9.9B531
September 2024 quarter$9.8B527
Every 13F fund · Fund holdings data