SEC 13F Intelligence

Managers / Q4 2022 · view latest →

FORSTA AP-FONDEN

CIK 0001603328 · REGERINGSGATAN 67, STOCKHOLM, V7, 11156 · 0046856620200

Reported Value
$8.9B
Q4 2022
Positions
532
Filings on Record
31
2019–present window
Filed
Feb 2, 2023
original filing

Summary

Forsta Ap-Fonden reported $8.9B in U.S.-listed holdings across 532 positions for Q4 2022.

Its largest position, AAPL, represents 6.6% of the portfolio.

Compared with Q3 2022, the fund opened 12 new positions and exited 70.

Portfolio Metrics

Turnover
+13.7%
vs prior filed quarter
Top-10 Concentration
+25.4%
share of reported value
Largest Position
+6.6%
Apple
New / Exited
12 / 70
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $2.3BQ1 ’19Q2 ’19: $2.2BQ3 ’19: $2.4BQ4 ’19: $2.0BQ1 ’20: $2.8BQ1 ’20Q2 ’20: $3.8BQ3 ’20: $4.8BQ4 ’20: $6.6BQ1 ’21: $7.1BQ1 ’21Q2 ’21: $8.5BQ3 ’21: $8.8BQ4 ’21: $9.9BQ1 ’22: $8.8BQ1 ’22Q2 ’22: $7.7BQ3 ’22: $8.2BQ4 ’22: $8.9BQ1 ’23: $8.5BQ1 ’23Q2 ’23: $9.3BQ3 ’23: $9.0BQ4 ’23: $9.9BQ1 ’24: $11.8BQ1 ’24Q2 ’24: $11.3BQ3 ’24: $13.0BQ4 ’24: $14.1BQ1 ’25: $13.2BQ1 ’25Q2 ’25: $15.2BQ3 ’25: $16.9BQ4 ’25: $16.8BQ1 ’26: $0Q1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 95.5%REIT: 3.0%Other: 1.4%ADR: 0.1%Tracking Stk: 0.0%
  • Common Stock · 95.5% · $8.5B
  • REIT · 3.0% · $265M
  • Other · 1.4% · $126M
  • ADR · 0.1% · $5M
  • Tracking Stk · 0.0% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NTRNutrien LtdNEW+209.4K209.4K+$15M$15M
HUBBHubbell IncNEW+32.4K32.4K+$8M$8M
FSLRFirst Solar IncNEW+25.5K25.5K+$4M$4M
BURLBurlington Stores IncNEW+15.5K15.5K+$3M$3M
ARESAres Management CorpNEW+43.6K43.6K+$3M$3M
Wolfspeed IncNEW+34.1K34.1K+$2M$2M
HSTHost Hotels & Resorts IncNEW+143.2K143.2K+$2M$2M
PCTYPaylocity Holding CorpNEW+10.6K10.6K+$2M$2M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2022

498 positions (from 500 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLApple Inchistory →COM6.63%$587M4.52M
2MSFTMicrosoft Corphistory →COM5.42%$480M2.00M
3GOOGLAlphabet IncCAP STK CL A · CAP STK CL C3.17%$281M3.18M
4AMZNAmazon.com Inchistory →COM2.39%$212M2.52M
5UNHUnitedHealth Group Inchistory →COM1.60%$142M267.8K
6JNJJohnson & Johnsonhistory →COM1.51%$133M754.6K
7BRK/BBerkshire Hathaway Inchistory →CL B NEW1.20%$106M344.1K
8NVDANVIDIA Corphistory →COM1.20%$106M725.8K
9JPMJPMorgan Chase & Cohistory →COM1.18%$105M782.3K
10VVisa Inchistory →COM CL A1.12%$99M476.3K
11PGProcter & Gamble Co/Thehistory →COM1.09%$96M634.5K
12TSLATesla Inchistory →COM1.01%$89M724.4K
13MAMastercard Inchistory →CL A0.99%$88M252.9K
14HDHome Depot Inc/Thehistory →COM0.98%$87M275.9K
15PFEPfizer Inchistory →COM0.96%$85M1.66M
16MRKMerck & Co Inchistory →COM0.93%$83M744.7K
17KOCoca-Cola Co/Thehistory →COM0.90%$80M1.25M
18LLYEli Lilly & Cohistory →COM0.89%$79M214.9K
19ABBVAbbVie Inchistory →COM0.86%$76M472.8K
20METAMeta Platforms Inchistory →CL A0.82%$73M605.7K
21PEPPepsiCo Inchistory →COM0.75%$67M369.2K
22BACBank of America Corphistory →COM0.72%$63M1.91M
23CSCOCisco Systems Inchistory →COM0.67%$59M1.25M
24AVGOBroadcom Inchistory →COM0.66%$59M104.9K
25ABTAbbott Laboratorieshistory →COM0.65%$58M524.6K
26TMOThermo Fisher Scientific Inchistory →COM0.64%$57M103.1K
27VZVerizon Communications Inchistory →COM0.61%$54M1.37M
28COSTCostco Wholesale Corphistory →COM0.59%$53M115.1K
29ACNAccenture PLChistory →SHS CLASS A0.57%$51M189.8K
30MCDMcDonald's Corphistory →COM0.57%$50M190.9K
31DHRDanaher Corphistory →COM0.54%$48M180.6K
32BMYBristol-Myers Squibb Cohistory →COM0.53%$47M654.0K
33TXNTexas Instruments Inchistory →COM0.53%$47M284.4K
34AMGNAmgen Inchistory →COM0.49%$43M164.2K
35TAT&T Inchistory →COM0.48%$42M2.29M
36IBMIBMhistory →COM0.47%$41M294.4K
37NEENextEra Energy Inchistory →COM0.47%$41M495.0K
38DISWalt Disney Co/Thehistory →COM0.46%$41M473.1K
39ADBEAdobe Inchistory →COM0.46%$41M120.7K
40UPSUnited Parcel Service Inchistory →CL B0.45%$40M230.0K
41CATCaterpillar Inchistory →COM0.45%$40M166.7K
42CMCSAComcast Corphistory →CL A0.45%$40M1.14M
43Linde PLCSHS0.44%$39M120.7K
44WFCWells Fargo & Cohistory →COM0.44%$39M949.4K
45LOWLowe's Cos Inchistory →COM0.44%$39M194.2K
46ELVElevance Health Inchistory →COM0.43%$38M74.9K
47CVSCVS Health Corphistory →COM0.43%$38M411.5K
48NKENIKE Inchistory →CL B0.42%$37M316.0K
49SPGIS&P Global Inchistory →COM0.41%$36M108.3K
50GILDGilead Sciences Inchistory →COM0.39%$35M406.8K
51INTCIntel Corphistory →COM0.38%$34M1.28M
52CRMSalesforce Inchistory →COM0.38%$34M253.7K
53NFLXNetflix Inchistory →COM0.38%$33M112.8K
54CICigna Corphistory →COM0.37%$33M99.8K
55RYRoyal Bank of Canadahistory →COM0.37%$33M347.4K
56ADPAutomatic Data Processing Inchistory →COM0.36%$32M134.7K
57ORCLOracle Corphistory →COM0.36%$32M391.5K
58BlackRock IncCOM0.36%$32M45.0K
59UNPUnion Pacific Corphistory →COM0.35%$31M151.4K
60DEDeere & Cohistory →COM0.35%$31M72.7K
61QCOMQUALCOMM Inchistory →COM0.35%$31M282.3K
62AXPAmerican Express Cohistory →COM0.34%$30M204.1K
63TJXTJX Cos Inc/Thehistory →COM0.34%$30M377.8K
64TDToronto-Dominion Bank/Thehistory →COM NEW0.34%$30M462.0K
65SCHWCharles Schwab Corp/Thehistory →COM0.33%$30M356.2K
66CBChubb Ltdhistory →COM0.33%$29M132.2K
67MSMorgan Stanleyhistory →COM NEW0.32%$28M331.9K
68GSGoldman Sachs Group Inc/Thehistory →COM0.31%$28M80.9K
69AMATApplied Materials Inchistory →COM0.31%$28M284.9K
70SBUXStarbucks Corphistory →COM0.31%$27M276.8K
71DUKDuke Energy Corphistory →COM NEW0.31%$27M263.0K
72MRSHMarsh & McLennan Cos Inchistory →COM0.30%$26M158.6K
73AMDAdvanced Micro Devices Inchistory →COM0.30%$26M403.7K
74PGRProgressive Corp/Thehistory →COM0.29%$26M199.7K
75INTUIntuit Inchistory →COM0.29%$26M66.3K
76MDTMedtronic PLChistory →SHS0.29%$26M329.5K
77MMM3M Cohistory →COM0.28%$25M209.5K
78PLDPrologis Inchistory →COM0.28%$25M222.6K
79ZTSZoetis Inchistory →CL A0.27%$24M162.6K
80AMTAmerican Tower Corphistory →COM0.27%$24M111.8K
81TGTTarget Corphistory →COM0.27%$24M158.6K
82ITWIllinois Tool Works Inchistory →COM0.26%$23M105.6K
83ISRGIntuitive Surgical Inchistory →COM NEW0.26%$23M86.0K
84CLColgate-Palmolive Cohistory →COM0.25%$22M283.5K
85General Electric CoCOM NEW0.25%$22M265.2K
86CCICrown Castle Inchistory →COM0.24%$22M159.3K
87Activision Blizzard IncCOM0.24%$21M275.1K
88MRNAModerna Inchistory →COM0.24%$21M116.1K
89CCitigroup Inchistory →COM NEW0.23%$21M456.3K
90MDLZMondelez International Inchistory →CL A0.23%$20M304.4K
91Lam Research CorpCOM0.23%$20M48.0K
92SHWSherwin-Williams Co/Thehistory →COM0.23%$20M84.7K
93TMUST-Mobile US Inchistory →COM0.22%$20M141.4K
94HCAHCA Healthcare Inchistory →COM0.22%$20M81.3K
95ADIAnalog Devices Inchistory →COM0.22%$19M116.6K
96BKNGBooking Holdings Inchistory →COM0.21%$19M9.3K
97KLACKLA Corphistory →COM NEW0.21%$19M49.5K
98NOWServiceNow Inchistory →COM0.21%$19M48.0K
99ORLYO'Reilly Automotive Inchistory →COM0.21%$19M22.0K
100SYKStryker Corphistory →COM0.21%$19M75.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$01May 7, 202613F-HRchanges · EDGAR ↗
Q4 2025$16.8B551Feb 10, 202613F-HRchanges · EDGAR ↗
Q3 2025$16.9B550Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$15.2B557Aug 8, 202513F-HRchanges · EDGAR ↗
Q1 2025$13.2B562May 12, 202513F-HRchanges · EDGAR ↗
Q4 2024$14.1B566Jan 23, 202513F-HRchanges · EDGAR ↗
Q3 2024$13.0B559Oct 24, 202413F-HRchanges · EDGAR ↗
Q2 2024$11.3B573Aug 8, 202413F-HRchanges · EDGAR ↗
Q1 2024$11.8B575May 7, 202413F-HRchanges · EDGAR ↗
Q4 2023$9.9B572Feb 6, 202413F-HRchanges · EDGAR ↗
Q3 2023$9.0B552Oct 25, 202313F-HRchanges · EDGAR ↗
Q2 2023$9.3B545Aug 3, 202313F-HRchanges · EDGAR ↗
Q1 2023$8.5B528Apr 21, 202313F-HRchanges · EDGAR ↗
Q4 2022$8.9B532Feb 2, 202313F-HRchanges · EDGAR ↗
Q3 2022$8.2B590Oct 17, 202213F-HRchanges · EDGAR ↗
Q2 2022$7.7B602Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$8.8B576May 9, 202213F-HRchanges · EDGAR ↗
Q4 2021$9.9B569Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$8.8B557Nov 10, 202113F-HRchanges · EDGAR ↗
Q2 2021$8.5B547Aug 12, 2021RESTATEMENTchanges · EDGAR ↗
Q1 2021$7.1B536May 11, 202113F-HRchanges · EDGAR ↗
Q4 2020$6.6B524Feb 9, 202113F-HRchanges · EDGAR ↗
Q3 2020$4.8B527Feb 19, 2021RESTATEMENTchanges · EDGAR ↗
Q2 2020$3.8B526Aug 11, 202013F-HRchanges · EDGAR ↗
Q1 2020$2.8B491May 4, 202013F-HRchanges · EDGAR ↗
Q4 2019$2.0B257Feb 12, 202013F-HRchanges · EDGAR ↗
Q3 2019$2.4B339Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$2.2B302Aug 7, 201913F-HRchanges · EDGAR ↗
Q1 2019$2.3B304May 8, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.