Latest NORDEA INVESTMENT MANAGEMENT AB Stock Portfolio

$85.23Billion– No. of Holdings #909

NORDEA INVESTMENT MANAGEMENT AB Performance:

2024 Q2: -0.45%YTD: 8.06%2023: 19.66%

Performance for 2024 Q2 is -0.45%, and YTD is 8.06%, and 2023 is 19.66%.

About NORDEA INVESTMENT MANAGEMENT AB and 13F Hedge Fund Stock Holdings

NORDEA INVESTMENT MANAGEMENT AB is a hedge fund based in NEW YORK, NY. On 31-Jul-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $1 Billions. In it's latest 13F Holdings report, NORDEA INVESTMENT MANAGEMENT AB reported an equity portfolio of $85.2 Billions as of 30 Jun, 2024.

The top stock holdings of NORDEA INVESTMENT MANAGEMENT AB are MSFT, AAPL, NVDA. The fund has invested 5.9% of it's portfolio in MICROSOFT CORP and 4.9% of portfolio in APPLE INC.

The fund managers got completely rid off LABORATORY CORP AMER HLDGS (LH), BORGWARNER INC (BWA) and DROPBOX INC (DBX) stocks. They significantly reduced their stock positions in AUTOLIV INC (ALV), 3M CO (MMM) and ARCADIUM LITHIUM PLC. NORDEA INVESTMENT MANAGEMENT AB opened new stock positions in LABCORP HOLDINGS INC, SMARTSHEET INC (SMAR) and HESS MIDSTREAM LP (HESM). The fund showed a lot of confidence in some stocks as they added substantially to AMERICAN WTR WKS CO INC NEW (AWK), DOORDASH INC (DASH) and WILLIAMS SONOMA INC (WSM).

NORDEA INVESTMENT MANAGEMENT AB Equity Portfolio Value

Last Reported on: 08 Aug, 2024

NORDEA INVESTMENT MANAGEMENT AB Annual Return Estimates Vs S&P 500

Our best estimate is that NORDEA INVESTMENT MANAGEMENT AB made a return of -0.45% in the last quarter. In trailing 12 months, it's portfolio return was 14.68%.

New Buys

Ticker	$ Bought
labcorp holdings inc	213,443,000
solventum corp	11,289,100
smartsheet inc	8,227,090

New stocks bought by NORDEA INVESTMENT MANAGEMENT AB

Additions

Ticker	% Inc.
american wtr wks co inc new	9,342
doordash inc	5,734
williams sonoma inc	4,517
paccar inc	1,495
legend biotech corp	1,492
applovin corp	771
portland gen elec co	701
willis towers watson plc ltd	673

Additions to existing portfolio by NORDEA INVESTMENT MANAGEMENT AB

Reductions

Ticker	% Reduced
3m co	-97.64
hilton worldwide hldgs inc	-94.81
zebra technologies corporati	-86.54
prestige consmr healthcare i	-83.98
hershey co	-82.44
allstate corp	-81.59
vail resorts inc	-78.11
expeditors intl wash inc	-71.33

NORDEA INVESTMENT MANAGEMENT AB reduced stake in above stock

Sold off

None of the stocks were completely sold off by NORDEA INVESTMENT MANAGEMENT AB

Sector Distribution

NORDEA INVESTMENT MANAGEMENT AB has about 30% of it's holdings in Technology sector.

Sector	%
Technology	30
Healthcare	13.5
Industrials	10.7
Consumer Cyclical	9.9
Financial Services	9.2
Communication Services	7.4
Consumer Defensive	6.1
Others	4.6
Basic Materials	3.5
Utilities	2.8
Real Estate	1.3

Market Cap. Distribution

NORDEA INVESTMENT MANAGEMENT AB has about 90.1% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	52.4
MEGA-CAP	37.7
UNALLOCATED	4.8
MID-CAP	4.7

Stocks belong to which Index?

About 89% of the stocks held by NORDEA INVESTMENT MANAGEMENT AB either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	86.9
Others	11
RUSSELL 2000	2.1

Top 5 Winners (%)		%
ALNY	alnylam pharmaceuticals inc	60.9 %
AGIO	agios pharmaceuticals inc	44.1 %
FSLR	first solar inc	39.1 %
SNAP	snap inc	39.1 %
LILA	liberty latin america ltd	32.7 %

Top 5 Winners ($)		$
AAPL	apple inc	799.1 M
GOOG	alphabet inc	466.7 M
MSFT	microsoft corp	361.6 M
GOOG	alphabet inc	212.6 M
AVGO	broadcom inc	129.5 M

Top 5 Losers (%)		%
CMG	chipotle mexican grill inc	-78.5 %
DNA	ginkgo bioworks holdings inc	-65.0 %
ACCD	accolade inc	-57.8 %
CHGG	chegg inc	-56.9 %
UNIT	uniti group inc	-51.1 %

Top 5 Losers ($)		$
NVDA	nvidia corporation	-613.6 M
CMG	chipotle mexican grill inc	-403.9 M
CVS	cvs health corp	-165.1 M
GPN	global pmts inc	-103.2 M
JNJ	johnson & johnson	-92.3 M

NORDEA INVESTMENT MANAGEMENT AB Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of NORDEA INVESTMENT MANAGEMENT AB

NORDEA INVESTMENT MANAGEMENT AB has 909 stocks in it's portfolio. About 25.5% of the portfolio is in top 10 stocks. NVDA proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for NORDEA INVESTMENT MANAGEMENT AB last quarter.

Last Reported on: 08 Aug, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
A	agilent technologies inc	0.44	2,826,520	372,027,000	added	1.56

AAPL	apple inc	4.88	19,417,900	4,162,620,000	added	12.58

ABBV	abbvie inc	0.75	3,754,170	636,933,000	reduced	-8.67

ABC	cencora inc	0.04	157,907	35,788,000	added	227

ABNB	airbnb inc	0.22	1,247,160	190,192,000	added	6.59

ABT	abbott labs	0.04	310,636	32,374,500	added	2.67

ACHC	acadia healthcare company in	0.01	109,063	7,303,950	reduced	-14.82

ACIW	aci worldwide inc	0.01	245,842	9,637,010	reduced	-15.07

ACN	accenture plc ireland	0.37	1,046,470	317,876,000	added	3.75

ADBE	adobe inc	0.98	1,519,480	839,312,000	added	5.91

ADI	analog devices inc	0.32	1,172,990	270,057,000	reduced	-15.77

ADM	archer daniels midland co	0.11	1,535,650	93,121,600	added	12.23

ADP	automatic data processing in	0.65	2,315,860	556,500,000	reduced	-14.71

ADT	adt inc del	0.01	1,359,060	10,328,900	added	4.71

AEP	american elec pwr co inc	0.10	977,237	86,026,200	reduced	-51.04

AFL	aflac inc	0.20	1,873,860	168,873,000	added	3.73

AGCO	agco corp	0.01	60,136	5,972,110	reduced	-12.66

AGIO	agios pharmaceuticals inc	0.01	224,855	9,866,640	reduced	-15.65

AIT	applied indl technologies in	0.04	193,207	37,690,800	reduced	-2.14

AIZ	assurant inc	0.14	686,464	115,559,000	added	186