1y return+14.9%S&P 500 +20.9%
3y return+59.2%S&P 500 +68.5%
5y return+53.0%S&P 500 +74.5%
10y return+238.9%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $339 against $357 in the S&P 500.2
Tredje AP-fondenS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| NVDANvidia Corporation | $1.5B | 6.8% | +4.3% |
| AAPLApple Inc | $1.4B | 6.2% | +10.0% |
| MSFTMicrosoft Corp | $841.3M | 3.8% | +6.9% |
| AMZNAmazon Com Inc | $745.5M | 3.4% | +10.5% |
| GOOGLAlphabet Inc | $645.8M | 2.9% | +12.1% |
| GOOGAlphabet Inc | $561.0M | 2.5% | +3.2% |
| AVGOBroadcom Inc | $551.4M | 2.5% | +10.3% |
| MUMicron Technology Inc | $482.2M | 2.2% | +30.0% |
| METAMeta Platforms Inc | $409.5M | 1.9% | +10.1% |
| QAINew York Life Investments Et | $397.5M | 1.8% | +73.1% |
| FLSPFranklin Templeton Etf Tr | $389.7M | 1.8% | +74.8% |
| TSLATesla Inc | $375.7M | 1.7% | +10.4% |
| AMDAdvanced Micro Devices Inc | $330.8M | 1.5% | +15.4% |
| LLYEli Lilly & Co | $308.5M | 1.4% | +9.0% |
| JPMJpmorgan Chase & Co | $284.6M | 1.3% | |
| BRK/BBerkshire Hathaway Inc Del | $225.2M | 1.0% | −8.7% |
| AMATApplied Matls Inc | $201.7M | 0.9% | +20.3% |
| INTCIntel Corp | $192.2M | 0.9% | +1.3% |
| JNJJohnson & Johnson | $191.3M | 0.9% | +6.8% |
| VVisa Inc | $191.2M | 0.9% | +3.5% |
| LRCXLam Research Corp | $180.8M | 0.8% | |
| TSMTaiwan Semiconductor Manufac | $170.3M | 0.8% | +9.9% |
| CSCOCisco Sys Inc | $156.9M | 0.7% | |
| WMTWalmart Inc | $156.6M | 0.7% | +6.7% |
| CATCaterpillar Inc | $154.3M | 0.7% | +11.9% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation | June 30, 2020 | +2006.7% | $1.5B |
| AMDAdvanced Micro Devices Inc | June 30, 2020 | +1004.1% | $330.8M |
| LLYEli Lilly & Co | September 30, 2021 | +419.1% | $308.5M |
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $645.8M |
| GOOGAlphabet Inc | June 30, 2020 | +399.9% | $561.0M |
| TSMTaiwan Semiconductor Manufac | December 31, 2020 | +338.0% | $170.3M |
| LRCXLam Research Corp | September 30, 2025 | +223.6% | $180.8M |
| AAPLApple Inc | June 30, 2020 | +217.3% | $1.4B |
| BRK/BBerkshire Hathaway Inc Del | June 30, 2020 | +180.3% | $225.2M |
| ABBVAbbvie Inc | June 30, 2020 | +156.3% | $138.0M |
Sold off last quarter
- SWANAmplify Etf Tr was $202.7M
- Honeywell Intl IncCUSIP 438516106 was $41.7M
- AFLAflac Inc was $17.2M
- HIGHartford Insurance Group Inc was $16.0M
- ORealty Income Corp was $15.9M
- PEGPublic Svc Enterprise Group was $14.8M
- Arch Cap Group LtdCUSIP G0450A105 was $14.3M
- NINisource Inc was $14.1M
- TRMBTrimble Inc was $14.1M
- AMPAmeriprise Finl Inc was $12.9M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +12.2% | +14.8% |
| March 31, 2026 | −6.1% | −4.6% |
| December 31, 2025 | +1.9% | +2.4% |
| September 30, 2025 | +7.0% | +7.8% |
| June 30, 2025 | +10.5% | +10.5% |
| March 31, 2025 | −4.8% | −4.6% |
| December 31, 2024 | +1.2% | +2.1% |
| September 30, 2024 | +4.5% | +5.4% |
| June 30, 2024 | +4.0% | +4.0% |
| March 31, 2024 | +11.1% | +10.0% |
| December 31, 2023 | +11.6% | +11.2% |
| September 30, 2023 | −3.3% | −3.6% |
| June 30, 2023 | +9.2% | +8.3% |
| March 31, 2023 | +7.0% | +7.0% |
| December 31, 2022 | +5.7% | +7.1% |
| September 30, 2022 | −5.4% | −5.3% |
| June 30, 2022 | −17.5% | −16.5% |
| March 31, 2022 | −5.2% | −4.9% |
| December 31, 2021 | +10.1% | +10.7% |
| September 30, 2021 | −4.6% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Tredje AP-fonden Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1650290&type=13F-HR&dateb=&owner=include&count=40CIK 1650290
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1650290/000165029026000004/Filed August 10, 2026 · accession 0001650290-26-000004