SEC 13F Intelligence

Managers / Q3 2023 · view latest →

BI Asset Management Fondsmaeglerselskab A/S

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

Reported Value
$4.3B
Q3 2023
Positions
742
Filings on Record
49
2020–present window
Filed
Nov 13, 2023
original filing

Summary

Bi Asset Management Fondsmaeglerselskab A/S reported $4.3B in U.S.-listed holdings across 742 positions for Q3 2023.

Its largest position, MSFT, represents 5.3% of the portfolio.

Compared with Q2 2023, the fund opened 46 new positions and exited 42.

Portfolio Metrics

Turnover
+14.8%
vs prior filed quarter
Top-10 Concentration
+26.7%
share of reported value
Largest Position
+5.3%
Microsoft Corp Com
New / Exited
46 / 42
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: 2.4%ADR: 1.2%NY Reg Shrs: 0.3%Other: 0.0%Other: 0.0%
  • Common Stock · 96.0% · $4.1B
  • REIT · 2.4% · $105M
  • ADR · 1.2% · $51M
  • NY Reg Shrs · 0.3% · $12M
  • Other · 0.0% · $2M
  • Other · 0.0% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
THCTENET HEALTHCARE CORP COM NEWNEW+69.1K69.1K+$5M$5M
MEDPMEDPACE HLDGS INC COMNEW+15.3K15.3K+$4M$4M
EXPEAGLE MATLS INC COMNEW+22.0K22.0K+$4M$4M
TCOMTRIP COM GROUP LTD ADSNEW+51.0K51.0K+$2M$2M
SUPER MICRO COMPUTER INC COMNEW+6.0K6.0K+$2M$2M
SESEA LTD SPONSORD ADSNEW+31.7K31.7K+$1M$1M
PBFPBF ENERGY INC CL ANEW+25.4K25.4K+$1M$1M
WLKWESTLAKE CORPORATION COMNEW+10.3K10.3K+$1M$1M

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

Holdings — Q3 2023

500 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORP COMhistory →COM5.33%$229M725.7K
2AAPLAPPLE INC COMhistory →COM4.98%$214M1.25M
3GOOGLALPHABET INC CAP STK CL Ahistory →CL A3.89%$167M1.28M
4VVISA INC COM CL Ahistory →CL A2.08%$90M389.4K
5UNHUNITEDHEALTH GROUP INC COMhistory →COM2.07%$89M176.4K
6NVDANVIDIA CORPORATION COMhistory →COM1.90%$82M187.7K
7JPMJPMORGAN CHASE & CO COMhistory →COM1.81%$78M537.9K
8CSCOCISCO SYS INC COMhistory →COM1.63%$70M1.30M
9AMZNAMAZON COM INC COMhistory →COM1.60%$69M542.2K
10PGPROCTER AND GAMBLE CO COMhistory →COM1.40%$60M411.5K
11LLYELI LILLY & CO COMhistory →COM1.33%$57M106.3K
12KOCOCA COLA CO COMhistory →COM1.30%$56M1.00M
13AVGOBROADCOM INC COMhistory →COM1.24%$54M64.4K
14AMGNAMGEN INC COMhistory →COM1.23%$53M196.8K
15ADBEADOBE INC COMhistory →COM1.22%$52M102.8K
16VZVERIZON COMMUNICATIONS INC COMhistory →COM1.11%$48M1.48M
17PEPPEPSICO INC COMhistory →COM1.11%$48M282.3K
18BKNGBOOKING HOLDINGS INC COMhistory →COM1.09%$47M15.2K
19METAMETA PLATFORMS INC CL Ahistory →CL A1.06%$46M151.9K
20GILDGILEAD SCIENCES INC COMhistory →COM1.06%$45M606.4K
21BRK/BBERKSHIRE HATHAWAY INC DEL CL B NEWhistory →CL B NEW1.00%$43M122.3K
22HCAHCA HEALTHCARE INC COMhistory →COM0.90%$39M157.3K
23CMCSACOMCAST CORP NEW CL Ahistory →CL A0.85%$37M823.9K
24ORCLORACLE CORP COMhistory →COM0.82%$35M332.5K
25AMATAPPLIED MATLS INC COMhistory →COM0.80%$34M247.8K
26MRKMERCK & CO INC COMhistory →COM0.80%$34M332.3K
27COSTCOSTCO WHSL CORP NEW COMhistory →NEW COM0.79%$34M60.2K
28LAM RESEARCH CORP COMCOM0.79%$34M54.2K
29ABBVABBVIE INC COMhistory →COM0.77%$33M221.2K
30ELVELEVANCE HEALTH INC COMhistory →COM0.75%$32M74.0K
31AIGAMERICAN INTL GROUP INC COM NEWhistory →COM NEW0.74%$32M527.8K
32VLOVALERO ENERGY CORP COMhistory →COM0.74%$32M224.4K
33BACBANK AMERICA CORP COMhistory →COM0.70%$30M1.10M
34TJXTJX COS INC NEW COMhistory →COM0.69%$30M334.6K
35SPGIS&P GLOBAL INC COMhistory →COM0.68%$29M80.3K
36KLACKLA CORP COM NEWhistory →COM0.66%$28M62.1K
37ABTABBOTT LABS COMhistory →COM0.65%$28M290.0K
38JNJJOHNSON & JOHNSON COMhistory →COM0.65%$28M178.8K
39FISVFISERV INC COMhistory →COM0.63%$27M241.0K
40TSLATESLA INC COMhistory →COM0.61%$26M105.1K
41ADIANALOG DEVICES INC COMhistory →COM0.61%$26M148.9K
42MCDMCDONALDS CORP COMhistory →COM0.60%$26M98.7K
43ADPAUTOMATIC DATA PROCESSING IN COMhistory →COM0.60%$26M107.1K
44EXPDEXPEDITORS INTL WASH INC COMhistory →COM0.58%$25M217.9K
45NEENEXTERA ENERGY INC COMhistory →COM0.57%$25M430.6K
46CVSCVS HEALTH CORP COMhistory →COM0.57%$24M349.8K
47CMSCMS ENERGY CORP COMhistory →COM0.56%$24M450.7K
48AVYAVERY DENNISON CORP COMhistory →COM0.55%$24M130.4K
49YUMYUM BRANDS INC COMhistory →COM0.53%$23M183.9K
50SNPSSYNOPSYS INC COMhistory →COM0.53%$23M49.8K
51LOWLOWES COS INC COMhistory →COM0.53%$23M109.8K
52PLDPROLOGIS INC. COMhistory →COM0.51%$22M196.9K
53AZOAUTOZONE INC COMhistory →COM0.50%$22M8.5K
54VRTXVERTEX PHARMACEUTICALS INC COMhistory →COM0.50%$22M61.9K
55AZNNASTRAZENECA PLC SPONSORED ADRhistory →SPONSORED ADR0.49%$21M310.8K
56STLDSTEEL DYNAMICS INC COMhistory →COM0.48%$21M193.7K
57FISFIDELITY NATL INFORMATION SV COMhistory →COM0.48%$21M372.5K
58UPSUNITED PARCEL SERVICE INC CL Bhistory →CL B0.47%$20M130.4K
59AMTAMERICAN TOWER CORP NEW COMhistory →NEW COM0.47%$20M122.8K
60ABMABM INDS INC COMhistory →COM0.47%$20M503.2K
61TSCOTRACTOR SUPPLY CO COMhistory →COM0.45%$19M95.4K
62NVRR INC COMhistory →COM0.45%$19M3.3K
63AMPAMERIPRISE FINL INC COMhistory →COM0.45%$19M58.8K
64TRVTRAVELERS COMPANIES INC COMhistory →COM0.45%$19M117.8K
65EBAYEBAY INC. COMhistory →COM0.45%$19M435.7K
66CRMSALESFORCE INC COMhistory →COM0.44%$19M93.4K
67WMTWALMART INC COMhistory →COM0.44%$19M118.2K
68MDLZMONDELEZ INTL INC CL Ahistory →CL A0.41%$18M256.1K
69MRSHMARSH & MCLENNAN COS INC COMhistory →COM0.40%$17M90.9K
70HDHOME DEPOT INC COMhistory →COM0.39%$17M55.3K
71CDNSCADENCE DESIGN SYSTEM INC COMhistory →COM0.38%$16M70.1K
72MELIMERCADOLIBRE INC COMhistory →COM0.38%$16M12.9K
73OCOWENS CORNING NEW COMhistory →NEW COM0.37%$16M115.6K
74GWWGRAINGER W W INC COMhistory →COM0.36%$15M22.2K
75FCNCAFIRST CTZNS BANCSHARES INC N CL Ahistory →CL A0.35%$15M11.1K
76ADSKAUTODESK INC COMhistory →COM0.35%$15M73.1K
77EXMOCEXXON MOBIL CORP COMhistory →COM0.35%$15M126.3K
78MTBM & T BK CORP COMhistory →COM0.34%$15M115.8K
79PCARPACCAR INC COMhistory →COM0.34%$15M171.5K
80INTCINTEL CORP COMhistory →COM0.33%$14M394.9K
81GISGENERAL MLS INC COMhistory →COM0.32%$14M216.0K
82MAMASTERCARD INCORPORATED CL Ahistory →CL A0.32%$14M34.9K
83KMBKIMBERLY-CLARK CORP COMhistory →COM0.32%$14M113.9K
84FTNTFORTINET INC COMhistory →COM0.32%$14M234.2K
85CMGCHIPOTLE MEXICAN GRILL INC COMhistory →COM0.31%$13M7.3K
86PFEPFIZER INC COMhistory →COM0.30%$13M395.3K
87IDXXIDEXX LABS INC COMhistory →COM0.30%$13M29.4K
88ONON SEMICONDUCTOR CORP COMhistory →COM0.30%$13M136.6K
89HALHALLIBURTON CO COMhistory →COM0.29%$13M312.2K
90LPLALPL FINL HLDGS INC COMhistory →COM0.29%$12M52.4K
91STMSTMICROELECTRONICS N V NY REGISTRYhistory →NY REGISTRY0.28%$12M275.9K
92TROWPRICE T ROWE GROUP INC COMhistory →COM0.27%$12M112.3K
93EWEDWARDS LIFESCIENCES CORP COMhistory →COM0.27%$12M167.3K
94FICOFAIR ISAAC CORP COMhistory →COM0.27%$11M13.2K
95CLCOLGATE PALMOLIVE CO COMhistory →COM0.26%$11M155.9K
96CATCATERPILLAR INC COMhistory →COM0.24%$10M38.2K
97ACNACCENTURE PLC IRELAND SHS CLASS Ahistory →SHS CLASS A0.24%$10M33.9K
98ALBALBEMARLE CORP COMhistory →COM0.24%$10M59.5K
99NUENUCOR CORP COMCOM0.23%$10M63.9K
100ULTAULTA BEAUTY INC COMCOM0.23%$10M24.9K

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 ↗.