NORDEA INVESTMENT MANAGEMENT AB
Comparing Q4 2025 vs Q3 2025
Sorting applies to all holdings for this quarter on the server, then the page is sliced. Prior-quarter values come from the full prior-quarter filing.
Issuer ▲▼ | Shares | Value ($K) | ||||
|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | |
| BROADCOM INC | 6,654,171 | 9,814,757 | +3,160,586 | 2,173,451,875 | 3,406,211,417 | +1,232,759,542 |
| ALPHABET INC | 8,160,966 | 8,557,712 | +396,746 | 1,972,505,483 | 2,689,089,842 | +716,584,359 |
| ELI LILLY & CO | 1,369,997 | 1,479,977 | +109,980 | 996,371,418 | 1,594,971,213 | +598,599,795 |
| APPLE INC | 21,240,909 | 22,035,680 | +794,771 | 5,426,202,613 | 5,991,281,035 | +565,078,422 |
| AMAZON COM INC | 12,832,514 | 13,892,942 | +1,060,428 | 2,818,020,074 | 3,208,991,743 | +390,971,669 |
| ADVANCED MICRO DEVICES INC | 3,905,148 | 4,362,317 | +457,169 | 631,891,998 | 938,770,619 | +306,878,621 |
| WABTEC | 0 | 3,069,340 | +3,069,340 | 0 | 659,938,793 | +659,938,793 |
| NVIDIA CORPORATION | 39,377,397 | 40,423,871 | +1,046,474 | 7,356,879,082 | 7,611,814,910 | +254,935,828 |
| MERCK & CO INC | 10,945,187 | 10,573,821 | -371,366 | 876,600,026 | 1,115,009,425 | +238,409,399 |
| ZOETIS INC | 0 | 4,932,787 | +4,932,787 | 0 | 622,221,753 | +622,221,753 |
| CITIGROUP INC | 7,142,351 | 7,986,407 | +844,056 | 712,878,054 | 933,890,503 | +221,012,449 |
| ROYAL CARIBBEAN GROUP | 556,061 | 1,306,784 | +750,723 | 179,240,703 | 366,925,345 | +187,684,642 |
| CUMMINS INC | 268,190 | 546,540 | +278,350 | 112,272,380 | 280,396,882 | +168,124,502 |
| MICRON TECHNOLOGY INC | 1,820,218 | 1,631,149 | -189,069 | 303,557,756 | 469,232,633 | +165,674,877 |
| ZEBRA TECHNOLOGIES CORPORATI | 0 | 1,874,206 | +1,874,206 | 0 | 457,418,717 | +457,418,717 |
| AMETEK INC | 92,175 | 852,585 | +760,410 | 17,343,648 | 176,152,587 | +158,808,939 |
| LINDE PLC | 1,580,032 | 2,124,882 | +544,850 | 753,572,562 | 910,129,458 | +156,556,896 |
| AMERICAN EXPRESS CO | 2,329,851 | 2,474,363 | +144,512 | 778,379,920 | 920,710,472 | +142,330,552 |
| CLEAN HARBORS INC | 471,206 | 1,040,594 | +569,388 | 108,608,271 | 246,724,837 | +138,116,566 |
| TJX COS INC NEW | 0 | 7,479,163 | +7,479,163 | 0 | 1,155,829,850 | +1,155,829,850 |
| DYCOM INDS INC | 7,111 | 405,580 | +398,469 | 2,097,816 | 139,057,158 | +136,959,342 |
| GILEAD SCIENCES INC | 4,412,598 | 5,138,699 | +726,101 | 494,034,472 | 630,055,884 | +136,021,412 |
| ILLUMINA INC | 32,657 | 944,500 | +911,843 | 3,023,548 | 124,145,080 | +121,121,532 |
| NEWMONT CORP | 4,336,873 | 4,784,777 | +447,904 | 366,552,507 | 482,161,978 | +115,609,471 |
| SYNCHRONY FINANCIAL | 0 | 5,134,903 | +5,134,903 | 0 | 431,999,390 | +431,999,390 |
| CARDINAL HEALTH INC | 150,705 | 645,436 | +494,731 | 23,567,247 | 133,740,793 | +110,173,546 |
| JPMORGAN CHASE & CO. | 3,345,465 | 3,566,046 | +220,581 | 1,041,744,346 | 1,151,797,197 | +110,052,851 |
| ALPHABET INC | 11,599,981 | 9,263,225 | -2,336,756 | 2,798,611,416 | 2,902,724,186 | +104,112,770 |
| HCA HEALTHCARE INC | 975,741 | 1,084,590 | +108,849 | 415,655,909 | 507,392,894 | +91,736,985 |
| INTEL CORP | 428,071 | 2,783,339 | +2,355,268 | 14,306,132 | 103,595,878 | +89,289,746 |
| NUCOR CORP | 1,892,423 | 2,103,000 | +210,577 | 255,155,393 | 342,641,790 | +87,486,397 |
| STATE STR CORP | 0 | 2,829,271 | +2,829,271 | 0 | 367,041,327 | +367,041,327 |
| DELL TECHNOLOGIES INC | 144,337 | 775,652 | +631,315 | 19,964,694 | 98,577,613 | +78,612,919 |
| SALESFORCE INC | 2,300,371 | 2,356,075 | +55,704 | 546,453,131 | 624,100,707 | +77,647,576 |
| ROCKWELL AUTOMATION INC | 617,081 | 744,814 | +127,733 | 215,750,030 | 291,073,311 | +75,323,281 |
| UNITED PARCEL SERVICE INC | 0 | 4,284,342 | +4,284,342 | 0 | 426,163,499 | +426,163,499 |
| ANALOG DEVICES INC | 100,990 | 350,692 | +249,702 | 24,858,688 | 95,802,041 | +70,943,353 |
| REGENERON PHARMACEUTICALS | 62,971 | 137,321 | +74,350 | 35,111,999 | 105,809,950 | +70,697,951 |
| DANAHER CORPORATION | 1,844,686 | 1,826,112 | -18,574 | 350,139,850 | 420,681,420 | +70,541,570 |
| CITIZENS FINL GROUP INC | 6,715,372 | 7,220,986 | +505,614 | 353,430,029 | 423,221,990 | +69,791,961 |
| GFL ENVIRONMENTAL INC | 4,741,512 | 6,673,954 | +1,932,442 | 221,760,516 | 290,083,410 | +68,322,894 |
| APPLIED MATLS INC | 2,467,216 | 2,242,015 | -225,201 | 514,513,224 | 580,547,364 | +66,034,140 |
| CBOE GLOBAL MKTS INC | 709,997 | 947,884 | +237,887 | 174,304,264 | 239,625,076 | +65,320,812 |
| VERTEX PHARMACEUTICALS INC | 0 | 447,169 | +447,169 | 0 | 202,612,274 | +202,612,274 |
| BERKSHIRE HATHAWAY INC DEL | 711,352 | 825,834 | +114,482 | 355,676,000 | 416,360,728 | +60,684,728 |
| APTIV PLC | 3,411,780 | 4,579,726 | +1,167,946 | 291,127,188 | 349,066,716 | +57,939,528 |
| AMGEN INC | 2,874,403 | 2,601,135 | -273,268 | 794,456,246 | 851,923,735 | +57,467,489 |
| GENERAL MTRS CO | 55,923 | 740,658 | +684,735 | 3,414,099 | 60,556,198 | +57,142,099 |
| TE CONNECTIVITY PLC | 0 | 1,836,123 | +1,836,123 | 0 | 419,939,692 | +419,939,692 |
| PENTAIR PLC | 2,837,753 | 3,484,915 | +647,162 | 311,046,106 | 366,787,304 | +55,741,198 |
| WASTE MGMT INC DEL | 0 | 3,530,900 | +3,530,900 | 0 | 781,494,097 | +781,494,097 |
| TWILIO INC | 0 | 1,176,896 | +1,176,896 | 0 | 168,849,269 | +168,849,269 |
| METTLER TOLEDO INTERNATIONAL | 140,680 | 157,457 | +16,777 | 167,419,047 | 220,718,499 | +53,299,452 |
| SCHWAB CHARLES CORP | 3,040,864 | 3,437,222 | +396,358 | 291,436,406 | 344,409,644 | +52,973,238 |
| CENCORA INC | 1,210,644 | 1,256,356 | +45,712 | 373,822,654 | 426,715,033 | +52,892,379 |
| EXPEDITORS INTL WASH INC | 648,101 | 875,953 | +227,852 | 78,867,410 | 131,287,836 | +52,420,426 |
| WELLTOWER INC | 0 | 1,930,894 | +1,930,894 | 0 | 358,914,576 | +358,914,576 |
| PRUDENTIAL FINL INC | 1,752,952 | 2,044,374 | +291,422 | 180,343,702 | 231,320,918 | +50,977,216 |
| GE VERNOVA INC | 561,213 | 594,749 | +33,536 | 341,037,916 | 391,814,694 | +50,776,778 |
| CAPITAL ONE FINL CORP | 78,074 | 265,062 | +186,988 | 16,395,540 | 64,653,923 | +48,258,383 |
| MCKESSON CORP | 1,093,531 | 1,071,733 | -21,798 | 837,267,477 | 885,251,458 | +47,983,981 |
| WELLS FARGO CO NEW | 0 | 5,982,559 | +5,982,559 | 0 | 561,104,208 | +561,104,208 |
| GOLDMAN SACHS GROUP INC | 187,239 | 219,170 | +31,931 | 147,827,063 | 193,023,020 | +45,195,957 |
| RESMED INC | 790,872 | 1,084,996 | +294,124 | 217,386,987 | 262,026,535 | +44,639,548 |
| KINDER MORGAN INC DEL | 1,200,668 | 2,843,000 | +1,642,332 | 33,936,881 | 77,855,555 | +43,918,674 |
| TOAST INC | 0 | 1,307,158 | +1,307,158 | 0 | 46,887,757 | +46,887,757 |
| JOHNSON CTLS INTL PLC | 2,134,324 | 2,276,753 | +142,429 | 232,705,346 | 274,234,899 | +41,529,553 |
| EXELON CORP | 7,024,249 | 8,048,355 | +1,024,106 | 312,543,959 | 352,397,224 | +39,853,265 |
| DOLLAR GEN CORP NEW | 20,797 | 308,823 | +288,026 | 2,119,214 | 41,471,840 | +39,352,626 |
| STEEL DYNAMICS INC | 0 | 2,140,819 | +2,140,819 | 0 | 361,777,003 | +361,777,003 |
| DOLLAR TREE INC | 727,895 | 858,636 | +130,741 | 68,225,598 | 106,110,237 | +37,884,639 |
| PUBLIC SVC ENTERPRISE GRP IN | 1,762,293 | 2,266,925 | +504,632 | 145,970,729 | 182,759,494 | +36,788,765 |
| HARTFORD INSURANCE GROUP INC | 4,307,617 | 4,389,329 | +81,712 | 570,328,490 | 606,956,414 | +36,627,924 |
| LAS VEGAS SANDS CORP | 468,597 | 934,927 | +466,330 | 25,177,717 | 60,901,145 | +35,723,428 |
| MASTERCARD INCORPORATED | 2,352,240 | 2,378,194 | +25,954 | 1,331,744,197 | 1,367,176,167 | +35,431,970 |
| WALMART INC | 0 | 2,595,263 | +2,595,263 | 0 | 289,293,966 | +289,293,966 |
| TARGET CORP | 0 | 2,501,818 | +2,501,818 | 0 | 244,302,528 | +244,302,528 |
| US BANCORP DEL | 0 | 2,690,174 | +2,690,174 | 0 | 144,462,344 | +144,462,344 |
| D R HORTON INC | 875,743 | 1,239,316 | +363,573 | 146,538,077 | 179,428,171 | +32,890,094 |
| INSULET CORP | 408,211 | 551,133 | +142,922 | 125,124,836 | 157,128,018 | +32,003,182 |
| PRESTIGE CONSMR HEALTHCARE I | 95,029 | 615,215 | +520,186 | 5,828,129 | 37,811,114 | +31,982,985 |
| SOUTHWEST AIRLS CO | 0 | 769,203 | +769,203 | 0 | 31,968,077 | +31,968,077 |
| OMNICOM GROUP INC | 18,657 | 411,049 | +392,392 | 1,536,217 | 33,262,085 | +31,725,868 |
| PRICE T ROWE GROUP INC | 23,095 | 325,029 | +301,934 | 2,351,533 | 33,377,228 | +31,025,695 |
| MATCH GROUP INC NEW | 0 | 956,047 | +956,047 | 0 | 30,636,526 | +30,636,526 |
| HERSHEY CO | 19,856 | 185,314 | +165,458 | 3,647,349 | 33,940,259 | +30,292,910 |
| ABBOTT LABS | 329,430 | 589,519 | +260,089 | 43,784,541 | 73,966,949 | +30,182,408 |
| ENTERGY CORP NEW | 482,037 | 800,258 | +318,221 | 44,545,039 | 74,512,022 | +29,966,983 |
| DIGITAL RLTY TR INC | 439,671 | 673,347 | +233,676 | 74,649,540 | 104,287,983 | +29,638,443 |
| SYSCO CORP | 0 | 1,952,615 | +1,952,615 | 0 | 144,552,088 | +144,552,088 |
| INCYTE CORP | 30,930 | 322,223 | +291,293 | 2,596,882 | 31,874,299 | +29,277,417 |
| MORGAN STANLEY | 897,710 | 965,323 | +67,613 | 142,601,234 | 171,866,107 | +29,264,873 |
| DRAFTKINGS INC NEW | 421,127 | 1,300,308 | +879,181 | 16,204,967 | 45,328,736 | +29,123,769 |
| WYNN RESORTS LTD | 0 | 353,004 | +353,004 | 0 | 42,628,763 | +42,628,763 |
| EQUINIX INC | 483,483 | 526,994 | +43,511 | 376,193,287 | 403,371,748 | +27,178,461 |
| JABIL INC | 12,004 | 128,439 | +116,435 | 2,613,031 | 29,611,612 | +26,998,581 |
| AMRIZE LTD | 0 | 486,201 | +486,201 | 0 | 26,517,403 | +26,517,403 |
| NRG ENERGY INC | 31,238 | 196,798 | +165,560 | 5,047,124 | 31,422,737 | +26,375,613 |
| NVR INC | 938 | 4,394 | +3,456 | 7,521,990 | 32,181,656 | +24,659,666 |
| EXLSERVICE HOLDINGS INC | 0 | 552,242 | +552,242 | 0 | 23,569,688 | +23,569,688 |