Latest NORDEA INVESTMENT MANAGEMENT AB Stock Portfolio

NORDEA INVESTMENT MANAGEMENT AB Performance:

2024 Q3: 2.46%YTD: 10.72%2023: 19.66%

Performance for 2024 Q3 is 2.46%, and YTD is 10.72%, 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 $88 Billions as of 30 Sep, 2024.

The top stock holdings of NORDEA INVESTMENT MANAGEMENT AB are MSFT, AAPL, NVDA. The fund has invested 5.5% of it's portfolio in MICROSOFT CORP and 5.1% of portfolio in APPLE INC.

The fund managers got completely rid off WESTROCK CO (WRK), TE CONNECTIVITY LTD (TEL) and FLOWSERVE CORP (FLS) stocks. They significantly reduced their stock positions in LIVE NATION ENTERTAINMENT IN (LYV), TRIMBLE INC and ANALOG DEVICES INC (ADI). NORDEA INVESTMENT MANAGEMENT AB opened new stock positions in SMURFIT WESTROCK PLC, FEDERAL RLTY INVT TR NEW (FRT) and EASTGROUP PPTYS INC (EGP). The fund showed a lot of confidence in some stocks as they added substantially to GRAB HOLDINGS LIMITED, DICKS SPORTING GOODS INC (DKS) and ROYALTY PHARMA PLC (RPRX).

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

Our best estimate is that NORDEA INVESTMENT MANAGEMENT AB made a return of 2.46% in the last quarter. In trailing 12 months, it's portfolio return was 19.41%.

New Buys

Ticker	$ Bought
smurfit westrock plc	227,410,000
ferguson enterprises inc	36,173,500
federal rlty invt tr new	12,782,200
eastgroup pptys inc	12,729,100
shake shack inc	7,655,010
chord energy corporation	6,992,270
brady corp	6,011,260

New stocks bought by NORDEA INVESTMENT MANAGEMENT AB

Additions

Ticker	% Inc.
grab holdings limited	10,546
dicks sporting goods inc	6,138
royalty pharma plc	2,249
constellation brands inc	1,804
t-mobile us inc	1,576
aecom	785
wabtec	726
cencora inc	386

Additions to existing portfolio by NORDEA INVESTMENT MANAGEMENT AB

Reductions

Ticker	% Reduced
analog devices inc	-96.41
deere & co	-90.34
allstate corp	-79.44
viatris inc	-76.75
waters corp	-76.52
texas instrs inc	-75.3
eversource energy	-74.3
lowes cos inc	-72.48

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 28.8% of it's holdings in Technology sector.

Sector	%
Technology	28.8
Healthcare	12.8
Industrials	10.5
Consumer Cyclical	10.2
Financial Services	9.8
Communication Services	7.3
Consumer Defensive	6.5
Others	5
Basic Materials	3.7
Utilities	2.9
Real Estate	1.5

Market Cap. Distribution

NORDEA INVESTMENT MANAGEMENT AB has about 90.2% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	52.5
MEGA-CAP	37.7
UNALLOCATED	5
MID-CAP	4.4

Stocks belong to which Index?

About 88.7% of the stocks held by NORDEA INVESTMENT MANAGEMENT AB either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	86.6
Others	11.3
RUSSELL 2000	2.1

Top 5 Winners (%)		%
YOU	clear secure inc	74.5 %
OMCL	omnicell com	63.4 %
EVRI	everi hldgs inc	57.8 %
DOCS	doximity inc	56.1 %
HOUS	anywhere real estate inc	55.8 %

Top 5 Winners ($)		$
AAPL	apple inc	335.5 M
FTNT	fortinet inc	149.3 M
NEE	nextera energy inc	107.4 M
URI	united rentals inc	105.8 M
EBAY	ebay inc.	104.7 M

Top 5 Losers (%)		%
DECK	deckers outdoor corp	-82.5 %
TTEK	tetra tech inc new	-77.7 %
CTAS	cintas corp	-72.4 %
SMCI	super micro computer inc	-51.1 %
CELH	celsius hldgs inc	-44.4 %

Top 5 Losers ($)		$
CTAS	cintas corp	-1288.9 M
MSFT	microsoft corp	-304.7 M
GOOG	alphabet inc	-262.8 M
NVDA	nvidia corporation	-180.4 M
GOOG	alphabet inc	-128.7 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 892 stocks in it's portfolio. About 25.2% of the portfolio is in top 10 stocks. CTAS 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: 05 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
A	agilent technologies inc	0.52	3,117,900	460,544,000	added	10.31

AA	alcoa corp	0.01	247,900	9,616,040	added	82.59

AAPL	apple inc	5.14	19,547,800	4,527,260,000	added	0.67

ABBV	abbvie inc	0.56	2,510,280	492,868,000	reduced	-33.13

ABC	cencora inc	0.20	768,499	172,689,000	added	386

ABNB	airbnb inc	0.18	1,223,590	154,820,000	reduced	-1.89

ABT	abbott labs	0.02	183,523	20,662,900	reduced	-40.92

ACIW	aci worldwide inc	0.01	234,263	11,952,100	reduced	-4.71

ACM	aecom	0.03	211,433	21,792,400	added	785

ACN	accenture plc ireland	0.40	987,673	348,056,000	reduced	-5.62

ADBE	adobe inc	0.98	1,679,200	864,571,000	added	10.51

ADI	analog devices inc	0.01	42,074	9,653,670	reduced	-96.41

ADM	archer daniels midland co	0.11	1,593,220	95,497,900	added	3.75

ADP	automatic data processing in	0.65	2,081,570	572,472,000	reduced	-10.12

ADT	adt inc del	0.01	1,294,440	9,404,100	reduced	-4.75

AEP	american elec pwr co inc	0.09	750,019	76,944,400	reduced	-23.25

AFL	aflac inc	0.22	1,743,510	193,896,000	reduced	-6.96

AGCO	agco corp	0.01	74,665	7,373,170	added	24.16

AGIO	agios pharmaceuticals inc	0.01	212,976	9,705,320	reduced	-5.28

AIT	applied indl technologies in	0.05	192,383	42,761,000	reduced	-0.43