SEC 13F Intelligence

Managers / Q3 2024 · view latest →

Maj Invest Holding A/S

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

Reported Value
$3.8B
Q3 2024
Positions
39
Filings on Record
32
2019–present window
Filed
Oct 10, 2024
original filing

Summary

Maj Invest Holding A/S reported $3.8B in U.S.-listed holdings across 39 positions for Q3 2024.

Its largest position, GOOGL, represents 6.4% of the portfolio.

Compared with Q2 2024, the fund opened 3 new positions and exited 1.

Portfolio Metrics

Turnover
+15.0%
vs prior filed quarter
Top-10 Concentration
+53.8%
share of reported value
Largest Position
+6.4%
Alphabet
New / Exited
3 / 1
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%ADR: 0.0%
  • Common Stock · 100.0% · $3.8B
  • ADR · 0.0% · $281,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
QCOMQUALCOMM INCNEW+1.35M1.35M+$229M$229M
FISVFISERV INCNEW+962.9K962.9K+$173M$173M
AMPAMERIPRISE FINL INCNEW+210.2K210.2K+$99M$99M
KLACKLA CORPSOLD OUT−187.3K0−$154M$0
UPSUNITED PARCEL SERVICE INCADDED+402.3K867.1K+$55M$118M
GSGOLDMAN SACHS GROUP INCTRIMMED−329.6K190.5K−$141M$94M
MUMICRON TECHNOLOGY INCTRIMMED−292.8K541.4K−$54M$56M
METAMETA PLATFORMS INCTRIMMED−120.6K251.8K−$44M$144M

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

Holdings — Q3 2024

39 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GOOGLALPHABET INChistory →CAP STK CL A6.40%$241M1.46M
2LOWLOWES COS INChistory →COM6.11%$230M850.8K
3QCOMQUALCOMM INChistory →COM6.08%$229M1.35M
4AXPAMERICAN EXPRESS COhistory →COM5.89%$222M818.2K
5AZOAUTOZONE INChistory →COM5.37%$203M64.3K
6CSXCSX CORPhistory →COM5.04%$190M5.50M
7HPQHP INChistory →COM4.98%$188M5.23M
8NEMNEWMONT CORPhistory →COM4.79%$181M3.38M
9FISVFISERV INChistory →COM4.59%$173M962.9K
10CITHE CIGNA GROUPhistory →COM4.57%$172M496.9K
11KRKROGER COhistory →COM4.53%$171M2.98M
12UNPUNION PAC CORPhistory →COM4.42%$167M676.1K
13ELVELEVANCE HEALTH INChistory →COM4.36%$164M316.3K
14BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW4.31%$162M352.7K
15AFLAFLAC INChistory →COM4.20%$158M1.42M
16PKGPACKAGING CORP AMERhistory →COM4.17%$157M729.8K
17METAMETA PLATFORMS INChistory →CL A3.82%$144M251.8K
18JNJJOHNSON & JOHNSONhistory →COM3.37%$127M783.7K
19UPSUNITED PARCEL SERVICE INChistory →CL B3.14%$118M867.1K
20AMPAMERIPRISE FINL INChistory →COM2.62%$99M210.2K
21GSGOLDMAN SACHS GROUP INChistory →COM2.50%$94M190.5K
22SCISERVICE CORP INTLhistory →COM1.68%$64M804.6K
23MUMICRON TECHNOLOGY INChistory →COM1.49%$56M541.4K
24TERTERADYNE INChistory →COM1.24%$47M348.5K
25ABXBARRICK GOLD CORPCOM0.26%$10M484.7K
26INTCINTEL CORPCOM0.05%$2M87.2K
27VVISA INCCOM CL A0.01%$206,000750
28TXNTEXAS INSTRS INCCOM0.00%$134,000650
29UNHUNITEDHEALTH GROUP INCCOM0.00%$130,000222
30PFEPFIZER INCCOM0.00%$116,0004.0K
31USBUS BANCORP DELCOM NEW0.00%$114,0002.5K
32ROKROCKWELL AUTOMATION INCCOM0.00%$107,000400
33SONYSONY GROUP CORPSPONSORED ADR0.00%$106,0001.1K
34BIDUBAIDU INCSPON ADR REP A0.00%$89,000850
35JKSJINKOSOLAR HLDG CO LTDSPONSORED ADR0.00%$86,0003.2K
36RUNSUNRUN INCCOM0.00%$85,0004.7K
37MRNAMODERNA INCCOM0.00%$66,000990
38CVSCVS HEALTH CORPCOM0.00%$34,000540
39BBWIBATH & BODY WORKS INCCOM0.00%$15,000479

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 ↗.