Institution

Danske Bank A/S

13F for the quarter to June 30, 2026, filed August 10, 2026 · SEC CIK 800177

Reported value: $50.2bn
Positions we cover: 1,063
Copy, a year: +25.2%
Copy Sharpe ratio: 0.92

How copying its 13F would have done

CopyS&P 500 $10,000 copying Danske Bank A/S's filed holdings in companies we cover from March 20, 2026, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −10.0% (S&P 500 −8.4%); beta 0.99; alpha −1.9% a year (t = −0.73); last 12 months — against —.

Reported value by quarter

Danske Bank A/S: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).

View chart data

Period	Reported value
2024-03-31	$31.9B
2024-06-30	$27.1B
2024-09-30	$30B
2024-12-31	$33.4B
2025-03-31	$32.7B
2025-06-30	$40.3B
2025-09-30	$40.2B
2025-12-31	$43B
2026-03-31	$41.5B
2026-06-30	$50.2B

Holdings and moves

Company	Share of portfolio	Value	Shares	Change in shares
NVDANVIDIA Corporation	7.18%	$3.6bn	17.99M	−2.5% Reduced
AAPLApple Inc.	6.39%	$3.2bn	11.07M	−3.7% Reduced
AMZNAmazon	4.97%	$2.5bn	10.47M	+8.3% Added
MSFTMicrosoft Corporation	4.21%	$2.1bn	5.66M	+0.6% Added
GOOGLAlphabet Inc. (Class A)	3.68%	$1.8bn	5.17M	+8.8% Added
AVGOBroadcom	2.46%	$1.2bn	3.27M	+1.5% Added
AMDAdvanced Micro Devices	2.20%	$1.1bn	1.90M	+81.7% Added
MUMicron Technology	2.10%	$1.1bn	911.6K	−4.2% Reduced
METAMeta Platforms	1.87%	$938.1m	1.67M	+3.8% Added
LLYLilly (Eli)	1.83%	$920.4m	767.3K	+0.9% Added
TSLATesla, Inc.	1.81%	$907.6m	2.16M	+11.9% Added
JPMJPMorgan Chase	1.55%	$779.5m	2.38M	+3.8% Added
VVisa Inc.	1.19%	$597.9m	1.74M	−2.7% Reduced
JNJJohnson & Johnson	1.05%	$527.0m	2.08M	+0.1%
WMTWalmart	0.95%	$475.4m	4.20M	+40.2% Added
LRCXLam Research	0.82%	$413.5m	954.2K	−9.6% Reduced
CSCOCisco	0.77%	$386.6m	3.29M	−2.7% Reduced
INTCIntel	0.77%	$383.5m	2.75M	+6.4% Added
AMATApplied Materials	0.72%	$359.4m	497.1K	+1.2% Added
UNHUnitedHealth Group	0.67%	$333.5m	802.5K	+43.9% Added
ABBVAbbVie	0.66%	$331.4m	1.32M	−0.3%
COSTCostco	0.66%	$329.8m	352.6K	+4.2% Added
KLACKLA Corporation	0.65%	$326.5m	1.08M	+823.9% Added
LINLinde plc	0.62%	$310.8m	599.0K	+4.3% Added
PLTRPalantir Technologies Inc.	0.59%	$296.4m	2.54M	+73.5% Added
KOThe Coca-Cola Company	0.57%	$287.8m	3.54M	−2.8% Reduced
MRKMerck & Co.	0.55%	$276.5m	2.15M	+21.0% Added
TXNTexas Instruments	0.54%	$271.0m	909.0K	+25.5% Added
CATCaterpillar Inc.	0.52%	$260.8m	244.9K	+17.1% Added
MAMastercard	0.51%	$255.8m	498.1K	+10.3% Added
BACBank of America	0.51%	$254.7m	4.47M	+13.8% Added
CCitigroup	0.51%	$254.0m	1.82M	+82.3% Added
CBChubb Limited	0.48%	$241.8m	709.7K	+1.3% Added
GEGE Aerospace	0.48%	$241.6m	646.4K	−11.4% Reduced
BNYBNY Mellon	0.47%	$237.5m	1.64M	+102.9% Added
PGProcter & Gamble	0.47%	$236.9m	1.62M	−2.9% Reduced
GEVGE Vernova	0.47%	$233.3m	198.6K	+3.7% Added
GSGoldman Sachs	0.46%	$228.3m	225.8K	−9.6% Reduced
DELLDell Technologies	0.45%	$224.9m	521.3K	−27.5% Reduced
MRVLMarvell Technology	0.45%	$224.4m	753.1K	+4.5% Added
APHAmphenol	0.45%	$224.1m	1.27M	+6.3% Added
NFLXNetflix	0.41%	$207.2m	2.90M	+0.6% Added
RTXRTX Corporation	0.40%	$200.0m	1.05M	−2.7% Reduced
ORCLOracle Corporation	0.38%	$188.8m	1.29M	+1.1% Added
MSMorgan Stanley	0.36%	$180.6m	864.0K	+1.8% Added
WDCWestern Digital	0.36%	$180.3m	282.3K	−12.8% Reduced
HDThe Home Depot	0.36%	$179.2m	508.2K	−3.5% Reduced
OXYOccidental Petroleum	0.35%	$174.2m	3.59M	+9370.5% Added
PANWPalo Alto Networks	0.34%	$170.2m	499.0K	−34.4% Reduced
ISRGIntuitive Surgical	0.33%	$164.4m	413.4K	+40.1% Added
FTITechnipFMC plc	0.33%	$163.8m	2.47M	+113.3% Added
CRMSalesforce	0.32%	$161.2m	1.03M	−0.9% Reduced
IBMIBM	0.32%	$159.8m	568.3K	+7.4% Added
PEPPepsiCo	0.32%	$159.2m	1.18M	+16.3% Added
SCHWCharles Schwab Corporation	0.30%	$149.3m	1.62M	−4.1% Reduced
WMWaste Management	0.29%	$147.3m	661.1K	+1.9% Added
AMGNAmgen	0.29%	$146.3m	404.0K	−6.8% Reduced
TSMTaiwan Semiconductor Manufacturing Co LTD	0.28%	$141.7m	296.6K	−1.0% Reduced
WFCWells Fargo	0.28%	$140.5m	1.70M	−34.7% Reduced
ANETArista Networks	0.28%	$140.1m	824.9K	+3.7% Added
NEENextEra Energy	0.27%	$136.3m	1.55M	−0.4%
ADIAnalog Devices	0.27%	$133.8m	337.0K	−5.1% Reduced
SLBSchlumberger	0.26%	$131.4m	2.83M	+2928.3% Added
VZVerizon	0.26%	$130.7m	3.09M	+13.9% Added
UNPUnion Pacific Corporation	0.26%	$129.3m	475.3K	+62.2% Added
AXPAmerican Express	0.26%	$129.1m	381.7K	−16.5% Reduced
MCKMcKesson	0.26%	$128.3m	169.8K	+10.3% Added
GLWCorning Inc.	0.25%	$127.6m	499.7K	+20.5% Added
HWMHowmet Aerospace	0.25%	$126.9m	471.9K	−1.9% Reduced
STXSeagate Technology	0.25%	$124.4m	128.9K	+6.3% Added
MARMarriott International	0.24%	$121.1m	326.7K	+170.4% Added
TMOThermo Fisher Scientific	0.24%	$120.8m	240.9K	−0.2%
HCAHCA Healthcare	0.23%	$116.9m	299.7K	−0.2%
QCOMQualcomm	0.23%	$114.4m	619.1K	+4.2% Added
ETNEaton Corporation	0.22%	$110.9m	260.3K	+21.0% Added
PWRQuanta Services	0.22%	$110.8m	153.8K	−4.7% Reduced
DISThe Walt Disney Company	0.21%	$106.3m	1.10M	−1.8% Reduced
GILDGilead Sciences	0.21%	$106.2m	840.4K	−2.0% Reduced
ALLAllstate	0.21%	$105.2m	442.2K	+33.4% Added
CRWDCrowdStrike	0.21%	$105.2m	137.9K	+3.9% Added
TJXTJX Companies	0.21%	$104.0m	686.6K	+18.2% Added
TTTrane Technologies	0.20%	$102.0m	207.7K	−3.3% Reduced
MCDMcDonald's	0.20%	$99.8m	369.3K	+2.7% Added
PGRProgressive Corporation	0.20%	$99.0m	453.4K	+7.3% Added
TAT&T	0.20%	$98.4m	4.75M	+20.7% Added
ADSKAutodesk, Inc.	0.19%	$96.3m	495.2K	+35.9% Added
EQIXEquinix	0.19%	$96.2m	92.3K	+0.4%
NOWServiceNow	0.19%	$94.8m	955.0K	+19.5% Added
WELLWelltower	0.19%	$94.7m	417.1K	+0.8% Added
CMICummins	0.19%	$94.7m	132.7K	−14.3% Reduced
MNSTMonster Beverage	0.18%	$92.9m	966.9K	+70.5% Added
NEMNewmont	0.18%	$92.8m	993.6K	−8.9% Reduced
CVSCVS Health	0.18%	$92.1m	890.5K	+17.4% Added
PHParker Hannifin	0.18%	$91.9m	93.9K	−13.8% Reduced
GMGeneral Motors	0.18%	$90.8m	1.18M	+8.5% Added
PLDPrologis	0.18%	$90.8m	669.9K	+0.8% Added
TMUST-Mobile US	0.18%	$90.5m	539.6K	+22.6% Added
PFEPfizer	0.18%	$88.6m	3.68M	+9.2% Added
LITELumentum	0.17%	$87.7m	102.2K	+240.7% Added
SPGIS&P Global	0.17%	$87.3m	214.4K	−1.9% Reduced
EDConsolidated Edison	0.17%	$87.3m	789.2K	+32.2% Added
BMYBristol Myers Squibb	0.17%	$86.5m	1.50M	+3.8% Added
DEDeere & Company	0.17%	$84.1m	132.6K	−0.3%
VRTVertiv	0.17%	$84.0m	250.8K	−3.8% Reduced
UBERUber	0.17%	$83.0m	1.15M	−4.4% Reduced
ABTAbbott Laboratories	0.17%	$82.7m	911.1K	+3.4% Added
KEYSKeysight Technologies	0.16%	$82.4m	235.5K	+186.5% Added
FTNTFortinet	0.16%	$82.3m	535.7K	−0.1%
ADPAutomatic Data Processing	0.16%	$81.7m	364.6K	+46.0% Added
VRTXVertex Pharmaceuticals	0.16%	$78.5m	158.1K	+3.3% Added
BLKBlackRock	0.16%	$78.4m	81.6K	+0.8% Added
CORCencora	0.15%	$76.7m	271.1K	+6.7% Added
USBU.S. Bancorp	0.15%	$75.5m	1.25M	+9.8% Added
PNCPNC Financial Services	0.15%	$74.9m	304.2K	−15.3% Reduced
ADBEAdobe Inc.	0.15%	$74.5m	363.3K	−3.7% Reduced
BKNGBooking Holdings	0.15%	$73.6m	413.2K	+1295.8% Added
NUNu Holdings Ltd.	0.14%	$72.2m	5.40M	+1.6% Added
APPApplovin Corp	0.14%	$71.3m	138.5K	−8.1% Reduced
CTVACorteva, Inc.	0.14%	$70.7m	834.6K	+11.1% Added
COFCapital One	0.14%	$70.2m	350.1K	+0.1%
TRVThe Travelers Companies	0.14%	$70.2m	212.7K	+17.3% Added
URIUnited Rentals	0.14%	$68.8m	60.8K	+16.9% Added
AMEAmetek	0.14%	$68.4m	282.7K	−10.8% Reduced
SBUXStarbucks	0.14%	$67.6m	661.6K	+14.0% Added
REGNRegeneron Pharmaceuticals	0.13%	$67.2m	107.8K	+0.6% Added
FDXFedEx	0.13%	$66.5m	212.3K	+24.0% Added
SYKStryker Corporation	0.13%	$65.8m	209.1K	−17.5% Reduced
TDGTransDigm Group	0.13%	$65.2m	49.0K	−1.0% Reduced
MSIMotorola Solutions	0.13%	$64.5m	155.4K	+15.4% Added
CLColgate-Palmolive	0.13%	$64.4m	702.4K	−13.3% Reduced
CEGConstellation Energy	0.13%	$64.0m	257.7K	−11.5% Reduced
VICIVici Properties	0.13%	$63.9m	2.41M	+12.0% Added
FIXComfort Systems USA	0.13%	$62.8m	31.7K	−11.8% Reduced
STLDSteel Dynamics	0.13%	$62.6m	272.9K	−20.3% Reduced
DHRDanaher Corporation	0.12%	$62.0m	325.6K	−2.8% Reduced
ROLRollins, Inc.	0.12%	$61.8m	1.48M	+630.8% Added
EBAYeBay Inc.	0.12%	$61.7m	552.1K	+61.0% Added
INTUIntuit	0.12%	$61.3m	234.8K	−1.1% Reduced
SHWSherwin-Williams	0.12%	$61.2m	177.7K	+8.5% Added
APDAir Products	0.12%	$59.9m	204.3K	+55.0% Added
SNPSSynopsys Inc	0.12%	$59.2m	132.8K	+39.3% Added
JCIJohnson Controls	0.12%	$59.2m	405.1K	−2.2% Reduced
EXCExelon	0.12%	$58.2m	1.25M	+10.1% Added
TPLTexas Pacific Land Corporation	0.12%	$58.1m	132.7K	+39.3% Added
TELTE Connectivity	0.12%	$57.9m	287.2K	−23.6% Reduced
ETREntergy	0.12%	$57.7m	502.5K	−3.7% Reduced
DLRDigital Realty	0.12%	$57.7m	321.2K	−4.1% Reduced
CNPCenterPoint Energy	0.11%	$57.1m	1.30M	+4927.5% Added
CDNSCadence Design Systems Inc	0.11%	$57.1m	152.1K	−18.1% Reduced
ACNAccenture	0.11%	$57.0m	457.7K	−8.2% Reduced

Company	Bought (value)	Shares
AMDAdvanced Micro Devices	$497.0m	855.6K
KLACKLA Corporation	$291.1m	965.0K
AMZNAmazon	$192.2m	806.2K
OXYOccidental Petroleum	$172.4m	3.55M
GOOGLAlphabet Inc. (Class A)	$148.7m	416.1K
WMTWalmart	$136.4m	1.20M
SLBSchlumberger	$127.0m	2.73M
PLTRPalantir Technologies Inc.	$125.5m	1.08M
BNYBNY Mellon	$120.5m	832.9K
CCitigroup	$114.7m	819.3K
UNHUnitedHealth Group	$101.8m	245.0K
TSLATesla, Inc.	$96.2m	228.8K
FTITechnipFMC plc	$87.0m	1.31M
MARMarriott International	$76.3m	205.9K
BKNGBooking Holdings	$68.4m	383.6K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
OKEOneok	−$192.2m	−2.21M
AAPLApple Inc.	−$124.1m	−429.0K
HALHalliburton	−$109.2m	−3.22M
BKRBaker Hughes	−$92.7m	−1.67M
NVDANVIDIA Corporation	−$91.0m	−454.6K
PANWPalo Alto Networks	−$89.2m	−261.6K
DELLDell Technologies	−$85.3m	−197.6K
WFCWells Fargo	−$74.8m	−904.8K
HIGThe Hartford	−$53.8m	−405.8K
GLNGGolar LNG LTD	−$51.8m	−1.04M
MUMicron Technology	−$46.0m	−39.8K
LRCXLam Research	−$44.1m	−101.7K
BWABorgwarner Inc	−$42.8m	−644.5K
GEGE Aerospace	−$31.0m	−82.9K
WDCWestern Digital	−$26.6m	−41.6K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
LMTLockheed Martin	$23.0m	38.0K
AXSAxis Capital Holdings LTD	$15.7m	154.9K
SFMSprouts Farmers Market, Inc.	$11.1m	144.4K
ACTEnact Holdings, Inc.	$10.8m	263.9K
MLIMueller Industries Inc	$10.5m	94.4K
BBWIBath & Body Works, Inc.	$9.1m	485.5K
DCIDonaldson Co Inc	$8.7m	102.9K
HLNEHamilton Lane Inc	$8.4m	84.5K
SHCSotera Health Co	$8.3m	581.1K
EPAMEPAM Systems, Inc.	$8.2m	60.3K
PSIXPower Solutions International, Inc.	$7.4m	121.7K
PINSPinterest, Inc.	$5.7m	311.8K
SOLVSolventum	$5.5m	84.4K
ANFAbercrombie & Fitch Co	$5.5m	60.1K
FSSFederal Signal Corp	$5.5m	50.7K
EQHEquitable Holdings, Inc.	$5.4m	144.9K
DKNGDraftkings Inc.	$4.0m	186.3K
ZZillow Group, Inc.	$3.3m	79.6K
OKLOOklo Inc.	$2.2m	43.4K
SNAPSnap Inc	$2.1m	465.5K
OLEDUniversal Display Corp \pa\	$1.8m	19.9K
DTDynatrace, Inc.	$968,876	26.2K
AEISAdvanced Energy Industries Inc	$772,890	2.4K
SEICSEI Investments Co	$705,210	9.0K
NTNXNutanix, Inc.	$573,951	15.1K
HCIHCI Group, Inc.	$506,966	3.3K
MNDYMonday.com Ltd.	$380,105	5.5K
PBAPembina Pipeline Corp	$289,964	6.5K
BXPBXP, Inc.	$155,700	3.0K
AFGAmerican Financial Group Inc	$127,710	1.0K

Technology39.9%
Financials11.9%
Consumer Discretionary10.6%
Health Care9.8%
Industrials8.9%
Communication Services7.8%
Consumer Staples4.2%
Materials2.2%
Real Estate1.8%
Utilities1.5%
Energy1.3%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestMarch 20, 2026 to November 2, 2026	+25.2%	+29.1%	0.92	1.10	−10.0%	0.99

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.