Tredje AP-fonden portfolio

What changed this quarter

554 positions with a change (16 new, 257 added to, 132 trimmed, 149 sold); also, 2 entered through a spin-off. 5 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Amplify Blckswn Grow Trsry ETF−0.9 ppof portfolioSold out
  1.1% → —
• New York Life Investments ET+73%more sharesIncreased
  1.2% → 1.8%
• Franklin Systematic Style PR ETF+75%more sharesIncreased
  1.2% → 1.8%
• Apple+10.0%more sharesIncreased
  6.0% → 6.2%
• Micron Technology+30%more sharesIncreased
  0.6% → 2.2%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• NVIDIANVDA6.8%
• AppleAAPL6.2%
• AlphabetGOOGL · GOOG5.5%
• MicrosoftMSFT3.8%
• Amazon.comAMZN3.4%
• BroadcomAVGO2.5%
• Micron TechnologyMU2.2%
• Meta PlatformsMETA1.9%
• New York Life Investments ETQAI1.8%
• Franklin Systematic Style PR ETFFLSP1.8%
• TeslaTSLA1.7%
• Advanced Micro DevicesAMD1.5%
• Eli LillyLLY1.4%
• JPMorgan ChaseJPM1.3%
• Berkshire HathawayBRK/B1.0%
• Applied MaterialsAMAT0.9%
• IntelINTC0.9%
• Johnson & JohnsonJNJ0.9%
• VisaV0.9%
• Lam ResearchLRCX0.8%
• Taiwan Semiconductor ManufacturingTSM0.8%
• Cisco SystemsCSCO0.7%
• WalmartWMT0.7%
• CaterpillarCAT0.7%
• AbbVieABBV0.6%
• MastercardMA0.6%
• Costco WholesaleCOST0.6%
• UnitedHealth GroupUNH0.6%
• Bank of AmericaBAC0.6%
• KLAKLAC0.6%
• GE AerospaceGE0.6%
• Home DepotHD0.5%
• Procter & GamblePG0.5%
• NetflixNFLX0.5%
• Goldman Sachs GroupGS0.5%
• GE VernovaGEV0.5%
• MerckMRK0.5%
• Coca-ColaKO0.5%
• Texas InstrumentsTXN0.4%
• Millicom International CellularTIGO0.4%
• Wells FargoWFC0.4%
• CitigroupC0.4%
• Morgan StanleyMS0.4%
• Tidal Trust IIFIAX0.4%
• Marvell TechnologyMRVL0.4%
• LindeLIN0.4%
• International Business MachinesIBM0.4%
• OracleORCL0.4%
• Palo Alto NetworksPANW0.4%
• Seagate Technology HoldingsSTX0.3%
• AmphenolAPH0.3%
• Western DigitalWDC0.3%
• Analog DevicesADI0.3%
• WelltowerWELL0.3%
• Walt DisneyDIS0.3%
• Arista NetworksANET0.3%
• Nextera EnergyNEE0.3%
• CrowdStrike HoldingsCRWD0.3%
• McDONALD’SMCD0.3%
• Verizon CommunicationsVZ0.3%
• CorningGLW0.3%
• EatonETN0.3%
• AmgenAMGN0.3%
• TJXTJX0.3%
• QualcommQCOM0.3%
• PepsicoPEP0.3%
• American ExpressAXP0.3%
• Union PacificUNP0.3%
• Thermo Fisher ScientificTMO0.3%
• OneokOKE0.3%
• BoeingBA0.2%
• Charles SchwabSCHW0.2%
• Dell TechnologiesDELL0.2%
• CVS HealthCVS0.2%
• Williams CompaniesWMB0.2%
• At&tT0.2%
• DeereDE0.2%
• Futu HoldingsFUTU0.2%
• Intuitive SurgicalISRG0.2%
• ChubbCB0.2%
• Kinder MorganKMI0.2%
• BlackRockBLK0.2%
• PNC Financial Services GroupPNC0.2%
• Targa ResourcesTRGP0.2%
• Booking HoldingsBKNG0.2%
• UBER TechnologiesUBER0.2%
• Parker-hannifinPH0.2%
• Capital One FinancialCOF0.2%
• ServiceNowNOW0.2%
• S&P GlobalSPGI0.2%
• US Bancorp \de\USB0.2%
• ProgressivePGR0.2%
• SalesforceCRM0.2%
• Abbott LaboratoriesABT0.2%
• HSBC HoldingsHSBC0.2%
• SnowflakeSNOW0.2%
• Lowe'sLOW0.2%
• Cheniere EnergyLNG0.2%
• Bank of New York MellonBNY0.2%