PFA Pension, Forsikringsaktieselskab

COPENHAGEN, G7 · CIK 1730073 · 13F filing filed 2026-08-12

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityPFA PENSION, FORSIKRINGSAKTIESELSKAB. (DK)
Part of PFA HOLDING A/S (DK)

Kindasset owner
Others nearbyCopenhagen

$39.4bn reported value +18.5% vs Q1 2026

419positions

35.2%in top 10

65 new 167 added 184 reduced 27 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	NVIDIA CORPORATION COM NVDA	NVDA	14,230,364	$2.8bn7.23%	7.23%	Added +5.3k	+5,277 0.0%
2	APPLE INC COM AAPL	AAPL	8,905,195	$2.6bn6.54%	6.54%	Added +275.5k	+275,484 3.2%
3	MICROSOFT CORP COM MSFT	MSFT	4,320,933	$1.6bn4.09%	4.09%	Added +201.6k	+201,584 4.9%
4	AMAZON COM INC COM AMZN	AMZN	5,373,533	$1.3bn3.25%	3.25%	Reduced -479	-479 -0.0%
5	ALPHABET INC CAP STK CL A GOOGL	GOOGL	3,565,619	$1.3bn3.23%	3.23%	Added +73.6k	+73,559 2.1%
6	BROADCOM INC COM AVGO	AVGO	2,764,447	$1.0bn2.65%	2.65%	Added +86.2k	+86,158 3.2%
7	ALPHABET INC CAP STK CL C GOOG	GOOG	2,860,469	$1.0bn2.57%	2.57%	Added +89.9k	+89,929 3.2%
8	MICRON TECHNOLOGY INC COM MU	MU	671,006	$774.5m1.97%	1.97%	Added +46.0k	+46,027 7.4%
9	META PLATFORMS INC CL A META	META	1,315,407	$741.0m1.88%	1.88%	Added +94.8k	+94,754 7.8%
10	TESLA INC COM TSLA	TSLA	1,649,953	$694.0m1.76%	1.76%	Added +4.3k	+4,334 0.3%
11	ADVANCED MICRO DEVICES INC COM AMD	AMD	999,509	$580.6m1.47%	1.47%	Added +23.4k	+23,422 2.4%
12	ELI LILLY & CO COM LLY	LLY	483,132	$579.5m1.47%	1.47%	Added +20.1k	+20,091 4.3%
13	JPMORGAN CHASE & CO COM JPM	JPM	1,548,625	$506.9m1.29%	1.29%	Added +80.4k	+80,382 5.5%
14	APPLIED MATLS INC COM AMAT	AMAT	561,108	$405.7m1.03%	1.03%	Added +69.6k	+69,603 14.2%
15	JOHNSON & JOHNSON COM JNJ	JNJ	1,589,422	$403.7m1.02%	1.02%	Added +86.1k	+86,071 5.7%
16	LAM RESEARCH CORP COM NEW LRCX	LRCX	926,200	$401.4m1.02%	1.02%	Reduced -55.9k	-55,850 -5.7%
17	INTEL CORP COM INTC	INTC	2,576,450	$359.7m0.91%	0.91%	Added +19.0k	+18,965 0.7%
18	VISA INC COM CL A V	V	1,038,666	$356.4m0.90%	0.90%	Added +58.5k	+58,537 6.0%
19	CISCO SYS INC COM CSCO	CSCO	2,987,798	$350.9m0.89%	0.89%	Added +322.2k	+322,168 12.1%
20	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	677,815	$339.2m0.86%	0.86%	Reduced -2.2k	-2,151 -0.3%
21	WALMART INC COM WMT	WMT	2,682,606	$303.8m0.77%	0.77%	Added +175.1k	+175,123 7.0%
22	ABBVIE INC COM ABBV	ABBV	1,176,312	$296.0m0.75%	0.75%	Added +81.6k	+81,585 7.5%
23	KLA CORP COM NEW KLAC	KLAC	943,968	$284.8m0.72%	0.72%	Reduced -10.6k	-10,612 -1.1%
24	MASTERCARD INCORPORATED CL A MA	MA	553,758	$284.4m0.72%	0.72%	Added +51.2k	+51,223 10.2%
25	COSTCO WHSL CORP NEW COM COST	COST	262,499	$245.6m0.62%	0.62%	Added +19.6k	+19,555 8.1%
26	GE AEROSPACE COM NEW GE	GE	650,047	$242.9m0.62%	0.62%	Reduced -276	-276 -0.0%
27	BANK AMERICA CORP COM BAC	BAC	3,870,171	$220.5m0.56%	0.56%	Reduced -2.2k	-2,243 -0.1%
28	UNITEDHEALTH GROUP INC COM UNH	UNH	486,515	$202.2m0.51%	0.51%	Added +13.8k	+13,782 2.9%
29	GOLDMAN SACHS GROUP INC COM GS	GS	194,037	$196.2m0.50%	0.50%	Added +4.1k	+4,076 2.1%
30	GE VERNOVA INC COM GEV	GEV	160,026	$188.0m0.48%	0.48%	Reduced -4.7k	-4,678 -2.8%
31	NETFLIX INC COM NFLX	NFLX	2,584,761	$184.6m0.47%	0.47%	Added +206.2k	+206,172 8.7%
32	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	649,499	$182.6m0.46%	0.46%	Added +64.5k	+64,495 11.0%
33	LINDE PLC SHS LIN	LIN	348,745	$181.0m0.46%	0.46%	Reduced -48.1k	-48,118 -12.1%
34	MARVELL TECHNOLOGY INC COM MRVL	MRVL	592,359	$176.5m0.45%	0.45%	Added +61.4k	+61,404 11.6%
35	HOME DEPOT INC COM HD	HD	497,542	$175.5m0.45%	0.45%	Reduced -137	-137 -0.0%
36	TEXAS INSTRS INC COM TXN	TXN	584,338	$174.2m0.44%	0.44%	Added +104.9k	+104,859 21.9%
37	MERCK & CO INC COM MRK	MRK	1,341,298	$172.4m0.44%	0.44%	Reduced -126.5k	-126,541 -8.6%
38	WESTERN DIGITAL CORP COM WDC	WDC	264,071	$168.7m0.43%	0.43%	Reduced -54.6k	-54,580 -17.1%
39	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	1,301,018	$151.8m0.39%	0.39%	Added +73.5k	+73,458 6.0%
40	AMERICAN EXPRESS CO COM AXP	AXP	447,278	$151.3m0.38%	0.38%	Added +13.6k	+13,552 3.1%
41	SEAGATE TECHNOLOGY HLDNGS PL ORD SHS STX	STX	153,812	$148.4m0.38%	0.38%	Reduced -2.8k	-2,795 -1.8%
42	MORGAN STANLEY COM NEW MS	MS	704,213	$147.2m0.37%	0.37%	Added +57.6k	+57,607 8.9%
43	CONSOLIDATED EDISON INC COM ED	ED	1,325,484	$146.6m0.37%	0.37%	Added +89.5k	+89,492 7.2%
44	VERIZON COMMUNICATIONS INC COM VZ	VZ	3,460,311	$146.5m0.37%	0.37%	Added +425.4k	+425,361 14.0%
45	ORACLE CORP COM ORCL	ORCL	998,810	$146.4m0.37%	0.37%	Added +16.6k	+16,620 1.7%
46	CITIGROUP INC COM NEW C	C	1,043,363	$146.0m0.37%	0.37%	Reduced -164.7k	-164,677 -13.6%
47	AMPHENOL CORP CL A APH	APH	827,452	$145.9m0.37%	0.37%	Added +36.4k	+36,449 4.6%
48	CHUBB LIMITED COM CB	CB	405,315	$138.1m0.35%	0.35%	Added +155.3k	+155,347 62.1%
49	AT&T INC COM T	T	6,658,986	$137.8m0.35%	0.35%	Added +1.4m	+1,363,399 25.8%
50	DISNEY WALT CO COM DIS	DIS	1,386,158	$133.4m0.34%	0.34%	Added +18.8k	+18,794 1.4%
51	AMGEN INC COM AMGN	AMGN	368,066	$133.3m0.34%	0.34%	Added +31.9k	+31,853 9.5%
52	AMETEK INC COM AME	AME	548,962	$132.8m0.34%	0.34%	Added +276.5k	+276,479 101.5%
53	PNC FINL SVCS GROUP INC COM PNC	PNC	527,691	$129.9m0.33%	0.33%	Reduced -17.6k	-17,577 -3.2%
54	ANALOG DEVICES INC COM ADI	ADI	326,563	$129.7m0.33%	0.33%	Added +25.6k	+25,638 8.5%
55	PEPSICO INC COM PEP	PEP	953,082	$129.0m0.33%	0.33%	Added +127.4k	+127,380 15.4%
56	CORNING INC COM GLW	GLW	503,729	$128.7m0.33%	0.33%	Reduced -9.0k	-8,995 -1.8%
57	SCHWAB CHARLES CORP COM SCHW	SCHW	1,385,802	$127.9m0.32%	0.32%	Added +267.1k	+267,067 23.9%
58	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	2,114,367	$121.8m0.31%	0.31%	Added +518.5k	+518,513 32.5%
59	BAKER HUGHES COMPANY CL A BKR	BKR	2,194,527	$121.8m0.31%	0.31%	Reduced -385.7k	-385,736 -14.9%
60	ARISTA NETWORKS INC COM SHS ANET	ANET	714,095	$121.3m0.31%	0.31%	Added +67.8k	+67,786 10.5%
61	GILEAD SCIENCES INC COM GILD	GILD	948,298	$119.8m0.30%	0.30%	Added +123.7k	+123,725 15.0%
62	QUALCOMM INC COM QCOM	QCOM	643,052	$118.8m0.30%	0.30%	Reduced -48.8k	-48,801 -7.0%
63	ECOLAB INC COM ECL	ECL	425,245	$118.5m0.30%	0.30%	Reduced -3.3k	-3,285 -0.8%
64	DELL TECHNOLOGIES INC CL C DELL	DELL	272,473	$117.6m0.30%	0.30%	Reduced -34.4k	-34,366 -11.2%
65	WELLS FARGO CO NEW COM WFC	WFC	1,408,144	$116.4m0.30%	0.30%	Reduced -432.5k	-432,518 -23.5%
66	PARKER-HANNIFIN CORP COM PH	PH	116,915	$114.4m0.29%	0.29%	Reduced -139	-139 -0.1%
67	TRAVELERS COMPANIES INC COM TRV	TRV	340,863	$112.5m0.29%	0.29%	Added +81.1k	+81,145 31.2%
68	COCA COLA CO COM KO	KO	1,373,789	$111.6m0.28%	0.28%	Reduced -999.6k	-999,623 -42.1%
69	EXELON CORP COM EXC	EXC	2,324,269	$108.4m0.28%	0.28%	Reduced -338.5k	-338,538 -12.7%
70	SALESFORCE INC COM CRM	CRM	686,293	$107.5m0.27%	0.27%	Added +134.9k	+134,887 24.5%
71	CREDICORP LTD COM BAP	BAP	275,797	$107.4m0.27%	0.27%	Reduced -33.7k	-33,698 -10.9%
72	FLEX LTD ORD FLEX	FLEX	648,096	$105.0m0.27%	0.27%	Added +204.5k	+204,532 46.1%
73	HALLIBURTON CO COM HAL	HAL	3,076,122	$104.4m0.27%	0.27%	Reduced -332.0k	-331,981 -9.7%
74	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	135,455	$103.4m0.26%	0.26%	Added +15	+15 0.0%
75	NEXTERA ENERGY INC COM NEE	NEE	1,168,197	$102.5m0.26%	0.26%	Reduced -137.3k	-137,305 -10.5%
76	MCDONALDS CORP COM MCD	MCD	367,327	$99.3m0.25%	0.25%	Reduced -11.0k	-10,969 -2.9%
77	VICI PPTYS INC COM VICI	VICI	3,729,214	$99.0m0.25%	0.25%	Added +601.3k	+601,344 19.2%
78	ALLSTATE CORP COM ALL	ALL	413,099	$98.3m0.25%	0.25%	Added +68.0k	+68,041 19.7%
79	PROGRESSIVE CORP COM PGR	PGR	448,662	$98.0m0.25%	0.25%	Added +5.7k	+5,673 1.3%
80	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	437,471	$98.0m0.25%	0.25%	Reduced -62.2k	-62,169 -12.4%
81	PROCTER AND GAMBLE CO COM PG	PG	667,198	$97.8m0.25%	0.25%	Reduced -653.8k	-653,785 -49.5%
82	ATMOS ENERGY CORP COM ATO	ATO	565,963	$97.5m0.25%	0.25%	Reduced -102.1k	-102,077 -15.3%
83	ROCKWELL AUTOMATION INC COM ROK	ROK	194,994	$96.5m0.25%	0.25%	Added +74.3k	+74,309 61.6%
84	ILLINOIS TOOL WKS INC COM ITW	ITW	353,261	$95.5m0.24%	0.24%	Added +328.8k	+328,815 1345.1%
85	TJX COS INC NEW COM TJX	TJX	629,581	$95.4m0.24%	0.24%	Reduced -989	-989 -0.2%
86	CMS ENERGY CORP COM CMS	CMS	1,241,557	$95.0m0.24%	0.24%	New
87	UNION PAC CORP COM UNP	UNP	347,033	$94.4m0.24%	0.24%	Reduced -99.5k	-99,500 -22.3%
88	BOOKING HOLDINGS INC COM BKNG	BKNG	526,868	$93.9m0.24%	0.24%	Added +43.1k	+43,068 8.9%
89	DEERE & CO COM DE	DE	147,882	$93.8m0.24%	0.24%	Reduced -12.2k	-12,196 -7.6%
90	NISOURCE INC COM NI	NI	1,928,014	$91.7m0.23%	0.23%	Reduced -472.0k	-472,005 -19.7%
91	NEWMONT CORP COM NEM	NEM	975,308	$91.1m0.23%	0.23%	Added +41.3k	+41,326 4.4%
92	US BANCORP DEL COM NEW USB	USB	1,502,308	$90.7m0.23%	0.23%	New
93	FORTINET INC COM FTNT	FTNT	588,212	$90.4m0.23%	0.23%	Added +45.3k	+45,303 8.3%
94	EATON CORP PLC SHS ETN	ETN	211,233	$90.0m0.23%	0.23%	Reduced -94.2k	-94,160 -30.8%
95	CAPITAL ONE FINL CORP COM COF	COF	437,502	$87.8m0.22%	0.22%	Reduced -101.8k	-101,816 -18.9%
96	CINCINNATI FINL CORP COM CINF	CINF	464,077	$85.9m0.22%	0.22%	Added +265.6k	+265,619 133.8%
97	CUMMINS INC COM CMI	CMI	120,158	$85.7m0.22%	0.22%	Reduced -59.3k	-59,335 -33.1%
98	BANK NEW YORK MELLON CORP COM BNY	BNY	589,392	$85.2m0.22%	0.22%	Reduced -222.6k	-222,588 -27.4%
99	UBER TECHNOLOGIES INC COM UBER	UBER	1,172,023	$84.6m0.21%	0.21%	Reduced -953	-953 -0.1%
100	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	206,969	$82.3m0.21%	0.21%	Added +13.5k	+13,511 7.0%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
HONEYWELL INTL INC		236,626	$107.0m236.6k shares
EASTMAN CHEM CO EMN	EMN	619,097	$47.2m619.1k shares
KIMBERLY-CLARK CORP KMB	KMB	481,343	$46.4m481.3k shares
MOLSON COORS BEVERAGE CO TAP	TAP	1,040,304	$44.8m1.0m shares
SEI INVTS CO SEIC	SEIC	519,311	$40.8m519.3k shares
EQUITABLE HLDGS INC EQH	EQH	1,022,919	$38.0m1.0m shares
ASSURANT INC AIZ	AIZ	149,485	$32.6m149.5k shares
CARNIVAL CORP		811,129	$21.0m811.1k shares
DUPONT DE NEMOURS INC DWDP	DWDP	150,562	$20.7m150.6k shares
TRIMBLE INC TRMB	TRMB	237,519	$15.5m237.5k shares
SOLSTICE ADVANCED MATLS INC SOLS	SOLS	185,836	$14.2m185.8k shares
DYNATRACE INC DT	DT	351,906	$13.0m351.9k shares
LENNAR CORP LEN	LEN	115,109	$10.0m115.1k shares
DOCUSIGN INC DOCU	DOCU	206,646	$9.8m206.6k shares
PAYCOM SOFTWARE INC PAYC	PAYC	52,180	$6.3m52.2k shares
SAMSARA INC IOT	IOT	169,512	$5.4m169.5k shares
AFFIRM HLDGS INC AFRM	AFRM	106,844	$4.9m106.8k shares
GRAB HOLDINGS LIMITED GRAB	GRAB	1,269,594	$4.6m1.3m shares
VERSANT MEDIA GROUP INC VSNT	VSNT	118,587	$4.4m118.6k shares
CROWN CASTLE INC CCI	CCI	50,970	$4.1m51.0k shares
UNITED AIRLS HLDGS INC UAL	UAL	21,263	$2.0m21.3k shares
CHEWY INC CHWY	CHWY	72,300	$2.0m72.3k shares
UL SOLUTIONS INC ULS	ULS	22,125	$1.9m22.1k shares
ANGLOGOLD ASHANTI PLC AU	AU	19,403	$1.9m19.4k shares
AERCAP HOLDINGS NV AER	AER	13,759	$1.9m13.8k shares