SEC 13F Intelligence

Managers / Q3 2022 · view latest →

Maj Invest Holding A/S

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

Reported Value
$3.7B
Q3 2022
Positions
28
Filings on Record
32
2019–present window
Filed
Nov 4, 2022
amendment (RESTATEMENT)

Summary

Maj Invest Holding A/S reported $3.7B in U.S.-listed holdings across 28 positions for Q3 2022.

Its largest position, LOW, represents 9.1% of the portfolio.

Compared with Q2 2022, the fund opened 3 new positions and exited 10.

Portfolio Metrics

Turnover
+15.5%
vs prior filed quarter
Top-10 Concentration
+61.8%
share of reported value
Largest Position
+9.1%
Lowes Cos
New / Exited
3 / 10
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
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: 100.0%
  • Common Stock · 100.0% · $3.7B

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ABXBARRICK GOLD CORPNEW+11.35M11.35M+$176M$176M
ACTIVISION BLIZZARD INCNEW+1.52M1.52M+$113M$113M
NEMNEWMONT CORPNEW+534.2K534.2K+$22M$22M
GSGOLDMAN SACHS GROUP INCADDED+701.6K702.1K+$206M$206M
GOOGLALPHABET INCADDED+2.44M2.57M−$45M$246M
MUMICRON TECHNOLOGY INCADDED+1.63M3.13M+$74M$157M
JKSJINKOSOLAR HLDG CO LTDSOLD OUT−3.2K0−$221,000$0
TENNECO INCSOLD OUT−12.0K0−$206,000$0

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

Holdings — Q3 2022

28 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1LOWLOWES COS INChistory →OM9.09%$336M1.79M
2METAMETA PLATFORMS INChistory →L A7.92%$293M2.16M
3GOOGLALPHABET INChistory →AP STK CL A6.66%$246M2.57M
4UNPUNION PAC CORPhistory →OM6.30%$233M1.19M
5EBAYEBAY INC.history →OM5.77%$213M5.79M
6PKGPACKAGING CORP AMERhistory →OM5.62%$208M1.85M
7GSGOLDMAN SACHS GROUP INChistory →OM5.57%$206M702.1K
8AXPAMERICAN EXPRESS COhistory →OM5.06%$187M1.39M
9AFLAFLAC INChistory →OM5.06%$187M3.33M
10ABXBARRICK GOLD CORPhistory →OM4.76%$176M11.35M
11PHPARKER-HANNIFIN CORPhistory →OM4.55%$168M693.4K
12KLACKLA CORPhistory →OM NEW4.34%$160M529.8K
13MUMICRON TECHNOLOGY INChistory →OM4.25%$157M3.13M
14TSCOTRACTOR SUPPLY COhistory →OM4.07%$151M809.8K
15INTCINTEL CORPhistory →OM3.88%$143M5.56M
16GNTXGENTEX CORPhistory →OM3.38%$125M5.24M
17LAM RESEARCH CORPOM3.38%$125M341.0K
18LENLENNAR CORPhistory →L A3.07%$113M1.52M
19ACTIVISION BLIZZARD INCOM3.05%$113M1.52M
20SCISERVICE CORP INTLhistory →OM2.21%$81M1.41M
21TERTERADYNE INChistory →OM1.40%$52M687.1K
22NEMNEWMONT CORPhistory →OM0.61%$22M534.2K
23PGRPROGRESSIVE CORPOM0.00%$72,000620
24VVISA INCOM CL A0.00%$53,000300
25CVSCVS HEALTH CORPOM0.00%$51,000540
26MRNAMODERNA INCOM0.00%$50,000420
27GMGENERAL MTRS COOM0.00%$29,000900
28PPLIIAC INCOM NEW0.00%$28,000500

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 ↗.