13F Insight
DOSSIER · 13F-HR · Q1 2026

AMF Tjanstepension AB

$15.1B in tracked AUM across 117 positions as of Q1 2026.

AT
CIK 0001553562 · last filed Mar 31, 2026
Total AUM
$15.1B
as of Q1 2026
Holdings
117
—
positions
Whale Score
69
69
tracked
Activity
—
no data
changes this Q
AI Analysis · Q1 2026

Portfolio Overview

AMF Tjanstepension AB, a major Swedish pension provider, reported a significant restructuring of its US equity portfolio for the period ending September 30, 2025. The total portfolio value contracted sharply by 46.2%, declining from $15.03 billion to $8.09 billion. This reduction is not solely attributable to market performance but indicates a substantial capital rotation or reallocation strategy outside the scope of these specific US holdings, potentially moving to o...

The portfolio remains relatively concentrated, holding 70 positions, with the top 10 accounting for approximately 58.7% of the total value. The management team demonstrated high conviction and high turnover during this quarter, executing a major overhaul: 27 positions were sold off entirely, while 27 new positions were initiated. This level of churn suggests a tactical shift in investment philosophy rather than a passive "buy-and-hold" approach typical of some long-term pension funds.

Key Holdings

Quarter at a glance — Q1 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q1 2026.

#HoldingValueSharesWeight
01
NVDA
NVIDIA CORPORATION
$1.4B8.2M9.5%02
MSFT
MICROSOFT CORP
$1.0B2.8M6.9%03
AAPL
APPLE INC
$827M3.3M5.5%04
GOOG
ALPHABET INC
$709M2.5M4.7%05
TSM
TAIWAN SEMICONDUCTOR MANUFAC
$552M1.6M3.7%06
AMZN
AMAZON COM INC
$516M2.5M3.4%07
PLD
PROLOGIS INC.
$503M3.8M3.3%08
BAC
BANK AMERICA CORP
$466M9.6M3.1%09
G54950103
LINDE PLC
$450M908K3.0%10
LLY
ELI LILLY & CO
$439M477K2.9%

Filing history

2026Q1Mar 31
$15.1B▼ 6.5%
117 positionsView →2025Q4Dec 31
$16.1B▲ 74.2%
123 positionsView →2025Q3Sep 30
$9.3B▼ 38.4%
109 positionsView →2025Q2Jun 30
$15.0B▲ 10.9%
170 positionsLocked2025Q1Mar 31
$13.5B▼ 3.7%
225 positionsLocked2024Q4Dec 31
$14.1B▲ 0.6%
250 positionsLocked2024Q3Sep 30
$14.0B▲ 4.3%
231 positionsLocked2024Q2Jun 30
$13.4B▲ 1.6%
223 positionsLocked2024Q1Mar 31
$13.2B▲ 12.7%
204 positionsLocked2023Q4Dec 31
$11.7B▲ 13.8%
206 positionsLocked2023Q3Sep 30
$10.3B▼ 5.3%
206 positionsLocked2023Q2Jun 30
$10.9B▲ 11.2%
221 positionsLocked
Showing 12 of 44