SEC 13F Intelligence

Managers / Q1 2022 · view latest →

Maj Invest Holding A/S

CIK 0001730525 · GAMMELTORV 18, COPENHAGEN K, 1457 · 0045 3338 7300

Reported Value
$5.4B
Q1 2022
Positions
33
Filings on Record
32
2019–present window
Filed
Apr 21, 2022
original filing

Summary

Maj Invest Holding A/S reported $5.4B in U.S.-listed holdings across 33 positions for Q1 2022.

Its largest position, META, represents 8.8% of the portfolio.

Compared with Q4 2021, the fund opened 0 new positions and exited 4.

Portfolio Metrics

Turnover
+7.0%
vs prior filed quarter
Top-10 Concentration
+68.4%
share of reported value
Largest Position
+8.8%
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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
Q4 ’18: $2.0BQ4 ’18Q1 ’19: $2.2BQ2 ’19: $2.2BQ3 ’19: $2.5BQ4 ’19: $3.1BQ4 ’19Q1 ’20: $2.2BQ2 ’20: $2.4BQ3 ’20: $2.7BQ4 ’20: $4.7BQ4 ’20Q1 ’21: $5.8BQ2 ’21: $6.1BQ3 ’21: $5.5BQ4 ’21: $6.2BQ4 ’21Q1 ’22: $5.4BQ2 ’22: $4.4BQ3 ’22: $3.7BQ4 ’22: $3.8BQ4 ’22Q1 ’23: $3.8BQ2 ’23: $4.0BQ3 ’23: $3.7BQ4 ’23: $3.4BQ4 ’23Q1 ’24: $3.7BQ2 ’24: $3.6BQ3 ’24: $3.8BQ4 ’24: $3.0BQ4 ’24Q1 ’25: $2.8BQ2 ’25: $2.9BQ3 ’25: $2.9BQ4 ’25: $2.1BQ4 ’25Q1 ’26: $2.3BQ2 ’26: $2.2Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 97.3%ADR: 2.7%
  • Common Stock · 97.3% · $5.2B
  • ADR · 2.7% · $144M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TERTERADYNE INCADDED+823.3K824.6K+$97M$97M
CNICANADIAN NATL RY COSOLD OUT−464.6K0−$57M$0
PPLIIAC INTERACTIVECORP NEWSOLD OUT−1.4K0−$183,000$0
BBWIBATH & BODY WORKS INCSOLD OUT−4790−$33,000$0
VSXYVICTORIAS SECRET AND COSOLD OUT−1590−$9,000$0
INTCINTEL CORPTRIMMED−3.98M4.02M−$213M$199M
EBAYEBAY INC.ADDED+2.15M6.93M+$79M$397M
KLACKLA CORPADDED+243.3K805.5K+$53M$295M

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

Holdings — Q1 2022

33 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1METAFACEBOOK INChistory →L A8.85%$477M2.15M
2LOWLOWES COS INChistory →OM7.63%$411M2.03M
3EBAYEBAY INC.history →OM7.36%$397M6.93M
4PHPARKER-HANNIFIN CORPhistory →OM6.86%$370M1.30M
5UNHUNITEDHEALTH GROUP INChistory →OM6.78%$366M717.1K
6LAM RESEARCH CORPOM6.69%$361M670.7K
7PKGPACKAGING CORP AMERhistory →OM6.39%$345M2.21M
8UNPUNION PAC CORPhistory →OM6.37%$343M1.26M
9AFLAFLAC INChistory →OM6.05%$326M5.06M
10KLACKLA CORPhistory →OM NEW5.47%$295M805.5K
11PGRPROGRESSIVE CORPhistory →OM5.17%$279M2.44M
12TSCOTRACTOR SUPPLY COhistory →OM4.21%$227M972.0K
13AXPAMERICAN EXPRESS COhistory →OM4.10%$221M1.18M
14GNTXGENTEX CORPhistory →OM3.94%$212M7.28M
15LENLENNAR CORPhistory →L A3.71%$200M2.46M
16INTCINTEL CORPhistory →OM3.70%$199M4.02M
17BABAALIBABA GROUP HLDG LTDhistory →PONSORED ADS2.67%$144M1.32M
18SCISERVICE CORP INTLhistory →OM1.99%$107M1.63M
19TERTERADYNE INChistory →OM1.81%$97M824.6K
20CCLCARNIVAL CORPhistory →NIT 99/99/99990.24%$13M627.2K
21TENNECO INCL A VTG COM STK0.00%$220,00012.0K
22CNCCENTENE CORP DELOM0.00%$179,0002.1K
23MRNAMODERNA INCOM0.00%$170,000990
24VVISA INCOM CL A0.00%$167,000750
25GSGOLDMAN SACHS GROUP INCOM0.00%$166,000500
26JKSJINKOSOLAR HLDG CO LTDPONSORED ADR0.00%$155,0003.2K
27OCOWENS CORNING NEWOM0.00%$146,0001.6K
28GOOGLALPHABET INCAP STK CL A0.00%$114,00041
29SONYSONY CORPPONSORED ADR0.00%$113,0001.1K
30BWABORGWARNER INCOM0.00%$59,0001.5K
31CVSCVS HEALTH CORPOM0.00%$55,000540
32BIIBBIOGEN INCOM0.00%$53,000250
33GMGENERAL MTRS COOM0.00%$39,000900

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2026$2.2B40Jul 9, 202613F-HRchanges · EDGAR ↗
Q1 2026$2.3B38May 1, 202613F-HRchanges · EDGAR ↗
Q4 2025$2.1B38Feb 6, 202613F-HRchanges · EDGAR ↗
Q3 2025$2.9B42Nov 3, 202513F-HRchanges · EDGAR ↗
Q2 2025$2.9B42Jul 30, 202513F-HRchanges · EDGAR ↗
Q1 2025$2.8B45Apr 29, 202513F-HRchanges · EDGAR ↗
Q4 2024$3.0B40Jan 22, 202513F-HRchanges · EDGAR ↗
Q3 2024$3.8B39Oct 10, 202413F-HRchanges · EDGAR ↗
Q2 2024$3.6B37Jul 16, 202413F-HRchanges · EDGAR ↗
Q1 2024$3.7B36Apr 29, 202413F-HRchanges · EDGAR ↗
Q4 2023$3.4B35Feb 9, 202413F-HRchanges · EDGAR ↗
Q3 2023$3.7B37Nov 3, 202313F-HRchanges · EDGAR ↗
Q2 2023$4.0B38Aug 1, 202313F-HRchanges · EDGAR ↗
Q1 2023$3.8B40May 3, 202313F-HRchanges · EDGAR ↗
Q4 2022$3.8B35Jan 31, 202313F-HRchanges · EDGAR ↗
Q3 2022$3.7B28Nov 4, 2022RESTATEMENTchanges · EDGAR ↗
Q2 2022$4.4B35Aug 3, 202213F-HRchanges · EDGAR ↗
Q1 2022$5.4B33Apr 21, 202213F-HRchanges · EDGAR ↗
Q4 2021$6.2B37Jan 24, 202213F-HRchanges · EDGAR ↗
Q3 2021$5.5B36Oct 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$6.1B37Aug 9, 202113F-HRchanges · EDGAR ↗
Q1 2021$5.8B36Apr 26, 202113F-HRchanges · EDGAR ↗
Q4 2020$4.7B35Jan 21, 202113F-HRchanges · EDGAR ↗
Q3 2020$2.7B33Nov 6, 202013F-HRchanges · EDGAR ↗
Q2 2020$2.4B34Aug 4, 202013F-HRchanges · EDGAR ↗
Q1 2020$2.2B35Apr 28, 202013F-HRchanges · EDGAR ↗
Q4 2019$3.1B27Jan 31, 202013F-HRchanges · EDGAR ↗
Q3 2019$2.5B27Nov 6, 201913F-HRchanges · EDGAR ↗
Q2 2019$2.2B22Aug 7, 201913F-HRchanges · EDGAR ↗
Q1 2019$2.2B21Apr 9, 201913F-HRchanges · EDGAR ↗
Q4 2018$2.0B20Feb 12, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • Fondsmaeglerselskabet Maj Invest A/S028-18845

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 ↗.