Stocks/Funds/CIK 1730073

PFA Pension, Forsikringsaktieselskab

Quarterly 13F filings · Latest period 2026-03-31 · CIK 1730073
Assets
$33.23B
Holdings
380
Lifetime alpha vs market
-5.12% annual
Average hold time
0.5 yr
median 0.5 yr

Quarterly history

Cum return -6% vs S&P -4% · α -1% lifetimeAUM $33.2B · peak $35.2BFlow $-38M (-0%)2025-122026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
+0.36%
adds when stocks drop
when a holding falls −10%+
Middle response
-0.53%
baseline attrition
Rally response
+1.83%
adds into rallies
when a holding rises +10%+

Top positions · 30

Ticker$ value% portYoYHold time
NVDANVIDIA Corporation$2.48B7.5%0.5 yr
AAPLApple Inc.$2.19B6.6%0.5 yr
MSFTMicrosoft Corporation$1.52B4.6%0.5 yr
AMZNAmazon.com, Inc.$1.12B3.4%0.5 yr
GOOGLAlphabet Inc.$1.00B3.0%0.5 yr
AVGOBroadcom Inc.$829M2.5%0.5 yr
GOOGAlphabet Inc.$795M2.4%0.5 yr
METAMeta Platforms, Inc.$698M2.1%0.5 yr
TSLATesla, Inc.$612M1.8%0.5 yr
JPMJPMorgan Chase & Co.$432M1.3%0.5 yr
LLYEli Lilly and Company$426M1.3%0.5 yr
JNJJohnson & Johnson$367M1.1%0.5 yr
BRK-BBerkshire Hathaway Inc.$326M1.0%0.5 yr
WMTWalmart Inc.$312M0.9%0.5 yr
VVisa Inc.$296M0.9%0.5 yr

Portfolio composition (YoY)

Industry mix
Semiconductors14.5%$4.83B
Internet Content & Information7.8%$2.60B
Software - Infrastructure6.8%$2.25B
Consumer Electronics6.6%$2.19B
Drug Manufacturers - General5.1%$1.68B
Specialty Retail4.1%$1.35B
Banks - Diversified3.2%$1.08B
Financial - Credit Services2.8%$915M
Auto - Manufacturers2.2%$720M
Software - Application2.2%$719M
Country
US96.1%
IE1.2%
GB0.8%
PE0.4%
Unknown0.4%
SG0.3%
CH0.2%
UY0.2%
Top 5: 25.0% · Top 10: 35.2% · Top 25: 46.9%

Winners

TickerPrev $PnLYoY %

Losers

TickerPrev $PnLYoY %

Top buys this quarter · 15

GLW Corning Incorporated+$49M
HEI HEICO Corporation+$39M
NVDA NVIDIA Corporation+$2.48B
STX Seagate Technology Holdings pl+$28M
SPG Simon Property Group, Inc.+$24M
APH Amphenol Corporation+$17M
TER Teradyne, Inc.+$16M
GEV GE Vernova Inc.+$15M
KVUE Kenvue Inc.+$13M
FLEX Flex Ltd.+$12M

Top sells this quarter · 15

HLT Hilton Worldwide Holdings Inc.$25M
MCD McDonald's Corporation$22M
CAH Cardinal Health, Inc.$20M
KO The Coca-Cola Company$179M
CSCO Cisco Systems, Inc.$14M
SPGI S&P Global Inc.$14M
PG The Procter & Gamble Company$13M
ABNB Airbnb, Inc.$12M
HCA HCA Healthcare, Inc.$12M
MCK McKesson Corporation$9M

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$33.23B380-5.62%-4.37%-1.25%-0.04B
2025-12-31$35.24B372