SEC 13F Intelligence

Managers / Q2 2023 · view latest →

BI Asset Management Fondsmaeglerselskab A/S

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

Reported Value
$4.2B
Q2 2023
Positions
738
Filings on Record
49
2020–present window
Filed
Aug 3, 2023
original filing

Summary

Bi Asset Management Fondsmaeglerselskab A/S reported $4.2B in U.S.-listed holdings across 738 positions for Q2 2023.

Its largest position, MSFT, represents 5.4% of the portfolio.

Compared with Q1 2023, the fund opened 60 new positions and exited 75.

Portfolio Metrics

Turnover
+10.8%
vs prior filed quarter
Top-10 Concentration
+27.0%
share of reported value
Largest Position
+5.4%
Microsoft Corp Com
New / Exited
60 / 75
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: 96.0%REIT: 2.3%ADR: 1.4%NY Reg Shrs: 0.3%Other: 0.0%Other: 0.0%
  • Common Stock · 96.0% · $4.1B
  • REIT · 2.3% · $95M
  • ADR · 1.4% · $58M
  • NY Reg Shrs · 0.3% · $12M
  • Other · 0.0% · $2M
  • Other · 0.0% · $991,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
WSOWATSCO INC COMNEW+29.8K29.8K+$11M$11M
GFIGOLD FIELDS LTD SPONSORED ADRNEW+308.1K308.1K+$4M$4M
DECKDECKERS OUTDOOR CORP COMNEW+7.2K7.2K+$4M$4M
MSMMSC INDL DIRECT INC CL ANEW+36.0K36.0K+$3M$3M
RYZRYERSON HLDG CORP COMNEW+70.3K70.3K+$3M$3M
TEXTEREX CORP NEW COMNEW+49.4K49.4K+$3M$3M
IDCCINTERDIGITAL INC COMNEW+30.6K30.6K+$3M$3M
VSHVISHAY INTERTECHNOLOGY INC COMNEW+97.4K97.4K+$3M$3M

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

Holdings — Q2 2023

500 positions
#IssuerClass% PortfolioValueShares
1MSFTMICROSOFT CORP COMhistory →COM5.39%$227M667.3K
2AAPLAPPLE INC COMhistory →COM5.24%$221M1.14M
3GOOGLALPHABET INC CAP STK CL Ahistory →CL A3.30%$139M1.16M
4UNHUNITEDHEALTH GROUP INC COMhistory →COM2.08%$88M182.7K
5MRKMERCK & CO INC COMhistory →COM2.02%$85M739.8K
6VVISA INC COM CL Ahistory →CL A1.96%$83M348.0K
7JPMJPMORGAN CHASE & CO COMhistory →COM1.83%$77M532.2K
8CSCOCISCO SYS INC COMhistory →COM1.83%$77M1.49M
9NVDANVIDIA CORPORATION COMhistory →COM1.70%$72M169.6K
10PGPROCTER AND GAMBLE CO COMhistory →COM1.61%$68M448.3K
11KOCOCA COLA CO COMhistory →COM1.42%$60M998.1K
12VZVERIZON COMMUNICATIONS INC COMhistory →COM1.33%$56M1.51M
13AVGOBROADCOM INC COMhistory →COM1.25%$53M60.8K
14ORCLORACLE CORP COMhistory →COM1.20%$50M423.7K
15PEPPEPSICO INC COMhistory →COM1.16%$49M263.8K
16GILDGILEAD SCIENCES INC COMhistory →COM1.14%$48M622.1K
17LLYLILLY ELI & CO COMhistory →COM1.08%$46M97.3K
18AMGNAMGEN INC COMhistory →COM1.04%$44M198.5K
19AMZNAMAZON COM INC COMhistory →COM0.99%$42M320.1K
20CMCSACOMCAST CORP NEW CL Ahistory →CL A0.95%$40M960.3K
21AIGAMERICAN INTL GROUP INC COM NEWhistory →COM NEW0.94%$40M692.5K
22ADBEADOBE SYSTEMS INCORPORATED COMhistory →COM0.91%$39M78.9K
23AMATAPPLIED MATLS INC COMhistory →COM0.91%$38M265.2K
24JNJJOHNSON & JOHNSON COMhistory →COM0.91%$38M231.1K
25FISVFISERV INC COMhistory →COM0.89%$38M299.3K
26BACBANK AMERICA CORP COMhistory →COM0.81%$34M1.20M
27ADIANALOG DEVICES INC COMhistory →COM0.78%$33M169.0K
28COSTCOSTCO WHSL CORP NEW COMhistory →NEW COM0.78%$33M60.9K
29SPGIS&P GLOBAL INC COMhistory →COM0.77%$33M81.4K
30NKENIKE INC CL Bhistory →CL B0.77%$32M294.4K
31AZOAUTOZONE INC COMhistory →COM0.75%$32M12.8K
32NEENEXTERA ENERGY INC COMhistory →COM0.75%$32M424.6K
33KLACKLA CORP COM NEWhistory →COM0.74%$31M64.7K
34ELVELEVANCE HEALTH INC COMhistory →COM0.74%$31M70.3K
35MCDMCDONALDS CORP COMhistory →COM0.72%$30M101.4K
36NSCNORFOLK SOUTHN CORP COMhistory →COM0.71%$30M131.5K
37ABTABBOTT LABS COMhistory →COM0.70%$30M272.4K
38LOWLOWES COS INC COMhistory →COM0.69%$29M128.2K
39GISGENERAL MLS INC COMhistory →COM0.66%$28M360.9K
40ABBVABBVIE INC COMhistory →COM0.65%$28M204.2K
41TMOTHERMO FISHER SCIENTIFIC INC COMhistory →COM0.63%$27M51.0K
42CRMSALESFORCE INC COMhistory →COM0.63%$26M125.2K
43CMSCMS ENERGY CORP COMhistory →COM0.62%$26M442.8K
44MAMASTERCARD INCORPORATED CL Ahistory →CL A0.61%$26M65.0K
45YUMYUM BRANDS INC COMhistory →COM0.59%$25M181.2K
46ADPAUTOMATIC DATA PROCESSING IN COMhistory →COM0.57%$24M108.6K
47AZNNASTRAZENECA PLC SPONSORED ADRhistory →SPONSORED ADR0.56%$24M332.2K
48ABMABM INDS INC COMhistory →COM0.56%$24M554.8K
49PLDPROLOGIS INC. COMhistory →COM0.55%$23M190.3K
50CVSCVS HEALTH CORP COMhistory →COM0.55%$23M336.7K
51AVYAVERY DENNISON CORP COMhistory →COM0.55%$23M134.3K
52AMTAMERICAN TOWER CORP NEW COMhistory →NEW COM0.53%$22M114.9K
53SNPSSYNOPSYS INC COMhistory →COM0.51%$22M49.4K
54UPSUNITED PARCEL SERVICE INC CL Bhistory →CL B0.51%$21M119.6K
55MDLZMONDELEZ INTL INC CL Ahistory →CL A0.51%$21M292.6K
56VLOVALERO ENERGY CORP COMhistory →COM0.50%$21M180.9K
57TSLATESLA INC COMhistory →COM0.50%$21M80.6K
58TRVTRAVELERS COMPANIES INC COMhistory →COM0.48%$20M117.7K
59AMPAMERIPRISE FINL INC COMhistory →COM0.47%$20M59.2K
60FISFIDELITY NATL INFORMATION SV COMhistory →COM0.46%$19M355.0K
61HALHALLIBURTON CO COMhistory →COM0.46%$19M583.5K
62FTNTFORTINET INC COMhistory →COM0.45%$19M249.3K
63BKNGBOOKING HOLDINGS INC COMhistory →COM0.44%$19M6.9K
64VRTXVERTEX PHARMACEUTICALS INC COMhistory →COM0.43%$18M51.2K
65STLDSTEEL DYNAMICS INC COMhistory →COM0.42%$18M163.0K
66PCARPACCAR INC COMhistory →COM0.41%$17M207.6K
67GWWGRAINGER W W INC COMhistory →COM0.40%$17M21.6K
68ACNACCENTURE PLC IRELAND SHS CLASS Ahistory →SHS CLASS A0.40%$17M54.4K
69EWEDWARDS LIFESCIENCES CORP COMhistory →COM0.39%$17M176.5K
70HCAHCA HEALTHCARE INC COMhistory →COM0.38%$16M52.3K
71CDNSCADENCE DESIGN SYSTEM INC COMhistory →COM0.35%$15M63.7K
72MTBM & T BK CORP COMhistory →COM0.35%$15M117.8K
73REGNREGENERON PHARMACEUTICALS COMhistory →COM0.34%$14M20.1K
74KMBKIMBERLY-CLARK CORP COMhistory →COM0.34%$14M104.0K
75EXMOCEXXON MOBIL CORP COMhistory →COM0.33%$14M131.1K
76ADSKAUTODESK INC COMhistory →COM0.32%$14M66.6K
77MELIMERCADOLIBRE INC COMhistory →COM0.32%$13M11.4K
78PFEPFIZER INC COMhistory →COM0.32%$13M366.8K
79NOWSERVICENOW INC COMhistory →COM0.31%$13M23.2K
80HDHOME DEPOT INC COMhistory →COM0.30%$13M41.2K
81TXNTEXAS INSTRS INC COMhistory →COM0.30%$13M70.9K
82BRK/BBERKSHIRE HATHAWAY INC DEL CL B NEWhistory →CL B NEW0.30%$13M37.2K
83MRSHMARSH & MCLENNAN COS INC COMhistory →COM0.30%$13M67.0K
84TROWPRICE T ROWE GROUP INC COMhistory →COM0.30%$13M111.7K
85OCOWENS CORNING NEW COMhistory →NEW COM0.30%$12M95.6K
86INTCINTEL CORP COMhistory →COM0.29%$12M364.3K
87EXPDEXPEDITORS INTL WASH INC COMhistory →COM0.29%$12M99.5K
88STMSTMICROELECTRONICS N V NY REGISTRYhistory →NY REGISTRY0.29%$12M241.1K
89WMTWALMART INC COMhistory →COM0.28%$12M75.1K
90CMGCHIPOTLE MEXICAN GRILL INC COMhistory →COM0.28%$12M5.5K
91NTAPNETAPP INC COMhistory →COM0.27%$11M150.1K
92SCHWSCHWAB CHARLES CORP COMhistory →COM0.27%$11M201.3K
93WSOWATSCO INC COMhistory →COM0.27%$11M29.8K
94AMDADVANCED MICRO DEVICES INC COMhistory →COM0.27%$11M98.5K
95IBMINTERNATIONAL BUSINESS MACHS COMhistory →COM0.26%$11M83.4K
96LPLALPL FINL HLDGS INC COMhistory →COM0.26%$11M51.1K
97HSYHERSHEY CO COMCOM0.23%$10M39.4K
98ULTAULTA BEAUTY INC COMCOM0.23%$10M20.8K
99CVXCHEVRON CORP NEW COMNEW COM0.23%$10M62.2K
100HOLOGIC INC COMCOM0.23%$10M119.7K

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 ↗.