SEC 13F Intelligence

Managers / Q3 2020 · view latest →

BI Asset Management Fondsmaeglerselskab A/S

CIK 0001778131 · BREDGADE 40, KOBENHAVN, G7, 1260 · 004577309000

Reported Value
$2.2B
Q3 2020
Positions
457
Filings on Record
49
2020–present window
Filed
Nov 9, 2020
original filing

Summary

Bi Asset Management Fondsmaeglerselskab A/S reported $2.2B in U.S.-listed holdings across 457 positions for Q3 2020.

Its largest position, MSFT, represents 3.8% of the portfolio.

Compared with Q2 2020, the fund opened 52 new positions and exited 11.

Portfolio Metrics

Turnover
+7.7%
vs prior filed quarter
Top-10 Concentration
+23.2%
share of reported value
Largest Position
+3.8%
Microsoft Corp Com
New / Exited
52 / 11
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 ’20: $1.7BQ1 ’20Q2 ’20: $2.0BQ3 ’20: $2.2BQ4 ’20: $2.3BQ1 ’21: $2.5BQ1 ’21Q2 ’21: $2.6BQ3 ’21: $2.6BQ4 ’21: $2.7BQ1 ’22: $2.6BQ1 ’22Q2 ’22: $2.3BQ3 ’22: $2.0BQ4 ’22: $3.8BQ1 ’23: $3.8BQ1 ’23Q2 ’23: $4.2BQ3 ’23: $4.3BQ4 ’23: $4.7BQ1 ’24: $5.3BQ1 ’24Q2 ’24: $6.1BQ3 ’24: $5.8BQ4 ’24: $9.5BQ1 ’25: $8.9BQ1 ’25Q2 ’25: $10.2BQ3 ’25: $11.1BQ4 ’25: $11.3BQ1 ’26: $9.6BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 92.5%ADR: 5.9%REIT: 1.3%Other: 0.3%
  • Common Stock · 92.5% · $2.0B
  • ADR · 5.9% · $130M
  • REIT · 1.3% · $29M
  • Other · 0.3% · $7M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NEW ORIENTAL ED & TECHNOLOGY SPON ADRNEW+24.9K24.9K+$4M$4M
TALTAL EDUCATION GROUP SPONSORED ADSNEW+45.2K45.2K+$3M$3M
SESEA LTD SPONSORD ADSNEW+15.5K15.5K+$2M$2M
MTCHMATCH GROUP INC NEW COM ADDEDNEW+19.7K19.7K+$2M$2M
ABXBARRICK GOLD CORP COMNEW+37.0K37.0K+$1M$1M
TMOTHERMO FISHER SCIENTIFIC INC COMNEW+1.1K1.1K+$471,000$471,000
AVGOBROADCOM INC COMNEW+785785+$286,000$286,000
ISRGINTUITIVE SURGICAL INC COM NEWNEW+320320+$227,000$227,000

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

Holdings — Q3 2020

457 positions
#IssuerClass% PortfolioValueShares
1MSFTMICROSOFT CORP COMhistory →COM3.78%$83M395.7K
2AAPLAPPLE INC COMhistory →COM3.55%$78M674.6K
3BABAALIBABA GROUP HLDG LTD SPONSORED ADShistory →SPONSORED ADS3.14%$69M235.2K
4GOOGLALPHABET INC CAP STK CL Ahistory →CL A2.27%$50M34.1K
5MRKMERCK & CO. INC COMhistory →COM1.90%$42M504.2K
6PGPROCTER AND GAMBLE CO COMhistory →COM1.82%$40M287.6K
7VZVERIZON COMMUNICATIONS INC COMhistory →COM1.76%$39M650.4K
8PEPPEPSICO INC COMhistory →COM1.71%$38M272.2K
9CSCOCISCO SYS INC COMhistory →COM1.64%$36M915.6K
10AMATAPPLIED MATLS INC COMhistory →COM1.60%$35M594.1K
11ELVANTHEM INC COMhistory →COM1.54%$34M126.0K
12LLYLILLY ELI & CO COMhistory →COM1.50%$33M222.4K
13RYROYAL BK CDA COMhistory →COM1.45%$32M456.1K
14KOCOCA COLA CO COMhistory →COM1.40%$31M623.8K
15RCIROGERS COMMUNICATIONS INC CL Bhistory →CL B1.37%$30M762.4K
16JNJJOHNSON & JOHNSON COMhistory →COM1.36%$30M200.8K
17PAYXPAYCHEX INC COMhistory →COM1.35%$30M373.4K
18UPSUNITED PARCEL SERVICE INC CL Bhistory →CL B1.34%$29M177.0K
19LOWLOWES COS INC COMhistory →COM1.31%$29M173.4K
20PFEPFIZER INC COMhistory →COM1.30%$29M780.6K
21UNHUNITEDHEALTH GROUP INC COMhistory →COM1.29%$28M90.7K
22ABTABBOTT LABS COMhistory →COM1.28%$28M259.3K
23AVYAVERY DENNISON CORP COMhistory →COM1.28%$28M220.7K
24DTEDTE ENERGY CO COMhistory →COM1.27%$28M243.2K
25ALLALLSTATE CORP COMhistory →COM1.24%$27M289.6K
26PEGPUBLIC SVC ENTERPRISE GRP IN COMhistory →COM1.20%$26M479.3K
27CMCSACOMCAST CORP NEW CL Ahistory →CL A1.18%$26M561.4K
28TSCOTRACTOR SUPPLY CO COMhistory →COM1.17%$26M179.9K
29SONSONOCO PRODS CO COMhistory →COM1.15%$25M495.2K
30CMSCMS ENERGY CORP COMhistory →COM1.12%$25M402.8K
31ADPAUTOMATIC DATA PROCESSING IN COMhistory →COM1.12%$25M177.1K
32TRVTRAVELERS COMPANIES INC COMhistory →COM1.02%$22M207.6K
33VVISA INC COM CL Ahistory →CL A0.97%$21M107.1K
34INTCINTEL CORP COMhistory →COM0.92%$20M392.8K
35AMZNAMAZON COM INC COMhistory →COM0.90%$20M6.3K
36NVDANVIDIA CORPORATION COMhistory →COM0.76%$17M30.8K
37ABBVABBVIE INC COMhistory →COM0.70%$15M174.9K
38ADBEADOBE SYSTEMS INCORPORATED COMhistory →COM0.69%$15M31.1K
39JDJD.COM INC SPON ADR CL Ahistory →CL A0.66%$14M185.7K
40MAMASTERCARD INCORPORATED CL Ahistory →CL A0.64%$14M41.8K
41BIIBBIOGEN INC COMhistory →COM0.60%$13M46.2K
42JPMJPMORGAN CHASE & CO COMhistory →COM0.56%$12M129.1K
43AMGNAMGEN INC COMhistory →COM0.56%$12M48.9K
44TSMTAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADShistory →SPONSORED ADR0.54%$12M147.1K
45IBMINTERNATIONAL BUSINESS MACHS COMhistory →COM0.52%$11M93.2K
46CMICUMMINS INC COMhistory →COM0.49%$11M51.5K
47BMYBRISTOL-MYERS SQUIBB CO COMhistory →COM0.49%$11M179.7K
48CLXCLOROX CO DEL COMhistory →COM0.47%$10M49.3K
49ORCLORACLE CORP COMhistory →COM0.46%$10M170.2K
50METAFACEBOOK INC CL ACL A0.44%$10M37.1K
51SYYSYSCO CORP COMCOM0.44%$10M155.3K
52HDHOME DEPOT INC COMCOM0.41%$9M32.3K
53NKENIKE INC CL BCL B0.41%$9M71.1K
54CITRIX SYS INC COMCOM0.39%$9M62.7K
55CLCOLGATE PALMOLIVE CO COMCOM0.39%$9M111.8K
56SPGIS&P GLOBAL INC COMCOM0.38%$8M23.2K
57AMPAMERIPRISE FINL INC COMCOM0.38%$8M53.9K
58KMBKIMBERLY CLARK CORP COMCOM0.38%$8M56.1K
59CRMSALESFORCE COM INC COMCOM0.38%$8M32.9K
60MGAMAGNA INTL INC COMCOM0.37%$8M177.6K
61QCOMQUALCOMM INC COMCOM0.37%$8M68.8K
62CICIGNA CORP NEW COMCOM0.35%$8M45.6K
63NEMNEWMONT CORP COMCOM0.34%$7M117.4K
64GISGENERAL MLS INC COMCOM0.34%$7M119.7K
65TGTTARGET CORP COMCOM0.33%$7M46.6K
66NTESNETEASE INC SPONSORED ADSADS0.33%$7M15.9K
67TXNTEXAS INSTRS INC COMCOM0.33%$7M50.8K
68BKNGBOOKING HOLDINGS INC COMCOM0.32%$7M4.1K
69PRUPRUDENTIAL FINL INC COMCOM0.32%$7M110.9K
70FASTFASTENAL CO COMCOM0.32%$7M154.7K
71ACTIVISION BLIZZARD INC COMCOM0.31%$7M84.5K
72PYPLPAYPAL HLDGS INC COMCOM0.31%$7M34.6K
73ENPHENPHASE ENERGY INC COMCOM0.31%$7M81.5K
74PCARPACCAR INC COMCOM0.30%$7M78.7K
75BACBK OF AMERICA CORP COMCOM0.30%$6M269.6K
76VRTXVERTEX PHARMACEUTICALS INC COMCOM0.29%$6M23.8K
77CTSHCOGNIZANT TECHNOLOGY SOLUTIO CL ACL A0.29%$6M92.9K
78GILDGILEAD SCIENCES INC COMCOM0.29%$6M101.8K
79HCAHCA HEALTHCARE INC COMCOM0.29%$6M51.3K
80LWLAMB WESTON HLDGS INC COMCOM0.29%$6M95.4K
81INFYINFOSYS LTD SPONSORED ADRADR0.29%$6M457.3K
82ICEINTERCONTINENTAL EXCHANGE IN COMCOM0.29%$6M62.9K
83TJXTJX COS INC NEW COMCOM0.28%$6M112.5K
84ALXNALEXION PHARMACEUTICALS INC COMCOM0.28%$6M53.3K
85HPQHP INC COMCOM0.27%$6M312.5K
86ITWILLINOIS TOOL WKS INC COMCOM0.27%$6M30.7K
87MSMORGAN STANLEY COM NEWCOM NEW0.27%$6M121.4K
88CBRECBRE GROUP INC CL ACL A0.26%$6M120.8K
89NOWSERVICENOW INC COMCOM0.25%$5M11.3K
90EXPDEXPEDITORS INTL WASH INC COMCOM0.24%$5M58.8K
91CCITIGROUP INC COM NEWCOM NEW0.24%$5M123.0K
92RSGREPUBLIC SVCS INC COMCOM0.24%$5M56.0K
93METMETLIFE INC COMCOM0.23%$5M138.9K
94GENNORTONLIFELOCK INC COMCOM0.23%$5M246.1K
95MKTXMARKETAXESS HLDGS INC COMCOM0.23%$5M10.5K
96LAM RESEARCH CORP COMCOM0.23%$5M15.0K
97EWEDWARDS LIFESCIENCES CORP COMCOM0.22%$5M62.0K
98MCOMOODYS CORP COMCOM0.22%$5M16.9K
99BRK/ABERKSHIRE HATHAWAY INC DEL CL ACL A0.22%$5M15
100CDNSCADENCE DESIGN SYSTEM INC COMCOM0.21%$5M43.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$9.6B612Apr 16, 202613F-HRchanges · EDGAR ↗
Q4 2025$11.3B654Feb 11, 202613F-HRchanges · EDGAR ↗
Q3 2025$11.1B700Nov 5, 202513F-HRchanges · EDGAR ↗
Q2 2025$10.2B739Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$8.9B909May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$9.5B747Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$5.8B571Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$6.1B632Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$5.3B720May 3, 202413F-HRchanges · EDGAR ↗
Q4 2023$4.7B735Feb 9, 202413F-HRchanges · EDGAR ↗
Q3 2023$4.3B742Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$4.2B738Aug 3, 202313F-HRchanges · EDGAR ↗
Q1 2023$3.8B753May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$3.8B699Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$2.0B440Nov 7, 202213F-HRchanges · EDGAR ↗
Q2 2022$2.3B457Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$2.6B459May 11, 202213F-HRchanges · EDGAR ↗
Q4 2021$2.7B365Feb 2, 202213F-HRchanges · EDGAR ↗
Q3 2021$2.6B367Nov 9, 202113F-HRchanges · EDGAR ↗
Q2 2021$2.6B383Aug 6, 202113F-HRchanges · EDGAR ↗
Q1 2021$2.5B418May 10, 202113F-HRchanges · EDGAR ↗
Q4 2020$2.3B377Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$2.2B457Nov 9, 202013F-HRchanges · EDGAR ↗
Q2 2020$2.0B416Aug 5, 202013F-HRchanges · EDGAR ↗
Q1 2020$1.7B315May 11, 202013F-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 ↗.