Q2 2026 13F · SEC CIK 1730073

PFA Pension, Forsikringsaktieselskab

Pension fundFiled 2026-08-12 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $39.4B
Reported positions: 419
Holdings vs S&P 500, 3 yrs: —
Average holding period: 3 qtrs

PFA Pension, Forsikringsaktieselskab is a pension fund that reported 419 positions worth $39.4B in its Q2 2026 13F, filed 2026-08-12. Its largest holdings were Nvidia Corporation Com (NVDA, 7.2%), Apple Inc (AAPL, 6.5%), Microsoft Corp (MSFT, 4.1%).

PFA Pension, Forsikringsaktieselskab holdings largest 50 of 419 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.

PFA Pension, Forsikringsaktieselskab 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
NVDANvidia Corporation Com	7.2%	7.5%	14,230,364	+0.0%	$2.8B
AAPLApple Inc	6.5%	6.6%	8,905,195	+3.2%	$2.6B
MSFTMicrosoft Corp	4.1%	4.6%	4,320,933	+4.9%	$1.6B
AMZNAmazon Com Inc Com	3.3%	3.4%	5,373,533	-0.0%	$1.3B
GOOGLAlphabet Inc	3.2%	3.0%	3,565,619	+2.1%	$1.3B
AVGOBroadcom Inc	2.7%	2.5%	2,764,447	+3.2%	$1.0B
GOOGAlphabet Inc	2.6%	2.4%	2,860,469	+3.2%	$1.0B
MUMicron Technology Inc	2.0%	0.6%	671,006	+7.4%	$774.5M
METAMeta Platforms Inc Class A	1.9%	2.1%	1,315,407	+7.8%	$741.0M
TSLATesla Inc Com	1.8%	1.8%	1,649,953	+0.3%	$694.0M
AMDAdvanced Micro Devices Inc	1.5%	0.6%	999,509	+2.4%	$580.6M
LLYLilly Eli & Co	1.5%	1.3%	483,132	+4.3%	$579.5M
JPMJpmorgan Chase & Co	1.3%	1.3%	1,548,625	+5.5%	$506.9M
AMATApplied Matls Inc	1.0%	0.5%	561,108	+14.2%	$405.7M
JNJJohnson & Johnson	1.0%	1.1%	1,589,422	+5.7%	$403.7M
LRCXLam Research Corp	1.0%	0.6%	926,200	-5.7%	$401.4M
INTCIntel Corp	0.9%	—	2,576,450	—	$359.7M
VVisa Inc Com Cl A	0.9%	0.9%	1,038,666	+6.0%	$356.4M
CSCOCisco Sys Inc	0.9%	0.6%	2,987,798	+12.1%	$350.9M
BRK-BBerkshire Hathaway Inc Del	0.9%	1.0%	677,815	-0.3%	$339.2M
WMTWalmart Inc	0.8%	0.9%	2,682,606	+7.0%	$303.8M
ABBVAbbvie Inc	0.8%	0.7%	1,176,312	+7.5%	$296.0M
KLACKla Corp	0.7%	0.4%	943,968	+888.9%	$284.8M
MAMastercard Inc.	0.7%	0.8%	553,758	+10.2%	$284.4M
COSTCostco Whsl Corp New	0.6%	0.7%	262,499	+8.0%	$245.6M
GEGe Aerospace	0.6%	0.6%	650,047	-0.0%	$242.9M
BACBank of Amer Corp	0.6%	0.6%	3,870,171	-0.1%	$220.5M
UNHUnitedhealth Group Inc Com	0.5%	0.4%	486,515	+2.9%	$202.2M
GSGoldman Sachs Group Inc	0.5%	0.5%	194,037	+2.1%	$196.2M
GEVGe Vernova Inc	0.5%	0.4%	160,026	-2.8%	$188.0M
NFLXNetflix Inc Total	0.5%	0.7%	2,584,761	+8.7%	$184.6M
IBMInternational Business Machs	0.5%	0.4%	649,499	+11.0%	$182.6M
LINLinde PLC	0.5%	0.6%	348,745	-12.1%	$181.0M
MRVLMarvell Technology Inc	0.4%	—	592,359	—	$176.5M
HDHome Depot Inc Com	0.4%	0.5%	497,542	-0.0%	$175.5M
TXNTexas Instruments Inc	0.4%	—	584,338	—	$174.2M
MRKMerck & Co. Inc	0.4%	0.5%	1,341,298	-8.6%	$172.4M
WDCWestern Digital Corp	0.4%	—	264,071	—	$168.7M
PLTRPalantir Technologies Inclass Class A	0.4%	0.5%	1,301,018	+6.0%	$151.8M
AXPAmerican Express Co Com	0.4%	0.4%	447,278	+3.1%	$151.3M
STXSeagate Technology Hldngs Pl	0.4%	—	153,812	—	$148.4M
MSMorgan Stanley Com New	0.4%	—	704,213	—	$147.2M
EDConsolidated Edison Inc	0.4%	0.4%	1,325,484	+7.2%	$146.6M
VZVerizon Communications Inc Com	0.4%	0.5%	3,460,311	+14.0%	$146.5M
ORCLOracle Corp	0.4%	0.4%	998,810	+1.7%	$146.4M
CCitigroup Inc Com New	0.4%	0.4%	1,043,363	-13.6%	$146.0M
APHAmphenol Corp	0.4%	—	827,452	—	$145.9M
CBChubb Limited Com	0.4%	—	405,315	—	$138.1M
TAt&t Inc Com	0.3%	0.5%	6,658,986	+25.7%	$137.8M
DISDisney Walt Co	0.3%	0.4%	1,386,158	+1.4%	$133.4M

What PFA Pension, Forsikringsaktieselskab bought and sold in Q2 2026, against Q1 2026.

New positions

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

Added to

KLAC Kla Corp+888.9% shares
T At&t Inc Com+25.7% shares
AMAT Applied Matls Inc+14.2% shares
VZ Verizon Communications Inc Com+14.0% shares
CSCO Cisco Sys Inc+12.1% shares
IBM International Business Machs+11.0% shares
MA Mastercard Inc.+10.2% shares
NFLX Netflix Inc Total+8.7% shares

Reduced

C Citigroup Inc Com New-13.6% shares
LIN Linde PLC-12.1% shares
MRK Merck & Co. Inc-8.6% shares
LRCX Lam Research Corp-5.7% shares

Left the top 50

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: —
3 years: —
5 years: —

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	$39.4B	419
Q1 2026	$33.2B	381
Q4 2025	$35.3B	373

Questions about PFA Pension, Forsikringsaktieselskab's portfolio

What stocks does PFA Pension, Forsikringsaktieselskab own?

PFA Pension, Forsikringsaktieselskab's latest 13F, for Q2 2026 and filed Aug 12, 2026, lists 419 positions worth $39.4B. The largest are Nvidia Corporation Com (NVDA) at 7.2%, Apple Inc (AAPL) at 6.5%, Microsoft Corp (MSFT) at 4.1%, Amazon Com Inc Com (AMZN) at 3.3% and Alphabet Inc (GOOGL) at 3.2%.

What did PFA Pension, Forsikringsaktieselskab buy last quarter?

In Q2 2026, PFA Pension, Forsikringsaktieselskab added Kla Corp (KLAC) (+888.9% shares), At&t Inc Com (T) (+25.7% shares) and Applied Matls Inc (AMAT) (+14.2% shares), compared with its Q1 2026 filing.

What did PFA Pension, Forsikringsaktieselskab sell last quarter?

In Q2 2026, PFA Pension, Forsikringsaktieselskab cut from its top 50 Procter & Gamble Co Com (PG), cut from its top 50 Coca Cola Co (KO), cut from its top 50 Baker Hughes Company Cl A (BKR), cut from its top 50 Wells Fargo Co New (WFC), cut from its top 50 Halliburton Co (HAL), Citigroup Inc Com New (C) (-13.6% shares), Linde PLC (LIN) (-12.1% shares) and Merck & Co. Inc (MRK) (-8.6% shares), compared with its Q1 2026 filing.

When is PFA Pension, Forsikringsaktieselskab's next 13F filing due?

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