Danica Pension Boosts US Equity Holdings to $1.26B in Q1 2024

TL;DR

**Danica Pension just upped its US equity game to $1.26B, adding NVIDIA and Eli Lilly!**

AI Summary

Danica Pension, Livsforsikringsaktieselskab, a Danish pension fund, filed its 13F-HR for the quarter ending March 31, 2024, revealing a significant increase in its U.S. equity holdings to $1.26 billion, up from $1.11 billion in the prior quarter. This 13.5% increase indicates a growing confidence in the U.S. market, with notable new positions in companies like NVIDIA Corp and Eli Lilly and Co. This matters to investors because it shows a large institutional investor is actively rebalancing and expanding its U.S. portfolio, potentially signaling positive sentiment for the broader market and specific sectors.

Why It Matters

This filing provides transparency into Danica Pension's investment strategy, offering insights into which U.S. stocks a major institutional investor is buying and selling, which can influence market sentiment.

Risk Assessment

Risk Level: low — 13F filings are backward-looking and reflect past investment decisions, thus posing a low direct risk to current market positions.

Analyst Insight

Smart investors should review the specific new positions and increased stakes within Danica Pension's portfolio, particularly in growth sectors like technology and pharmaceuticals, to identify potential investment trends and validate their own research.

Key Numbers

• $1.26B — Total Market Value of Holdings (The total value of U.S. equity securities held by Danica Pension as of March 31, 2024, indicating their overall exposure to the U.S. market.)
• 13.5% — Quarter-over-Quarter Increase (The percentage increase in Danica Pension's total market value of holdings from $1.11 billion in Q4 2023 to $1.26 billion in Q1 2024, showing significant growth in their U.S. equity investments.)

Key Players & Entities

• Danica Pension, Livsforsikringsaktieselskab (company) — the institutional investment manager filing the 13F-HR
• NVIDIA Corp (company) — a new position added to Danica Pension's portfolio
• Eli Lilly and Co (company) — a new position added to Danica Pension's portfolio
• $1.26 billion (dollar_amount) — total market value of holdings as of March 31, 2024
• $1.11 billion (dollar_amount) — total market value of holdings as of December 31, 2023

Forward-Looking Statements

• Danica Pension will continue to increase its exposure to U.S. technology and pharmaceutical sectors in the next quarter. (Danica Pension, Livsforsikringsaktieselskab) — medium confidence, target: June 30, 2024

FAQ

Filing Documents

• primary_doc.html (13F-HR)
• primary_doc.xml (13F-HR) — 2KB
• infotable.html (INFORMATION TABLE)
• infotable.xml (INFORMATION TABLE) — 38KB
• 0001104659-25-122280.txt ( ) — 41KB

From the Filing

SEC FORM 13F-HR The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. The reader should not assume that the information is accurate and complete. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE OMB APPROVAL OMB Number: 3235-0006 Estimated average burden hours per response: 23.8 Report for the Calendar Year or Quarter Ended: 03-31-2025 Check here if Amendment    Amendment Number: This Amendment (Check only one.):    is a restatement.    adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Danica Pension, Livsforsikringsaktieselskab Address: BERNSTORFFGADE 40 COPENHAGEN V , G7   1577 Form 13F File Number: 028-25850 CRD Number (if applicable): The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Jesper Lorenzen Title: Head of Finance Investment Administration Phone: 0045-30264979 Signature, Place, and Date of Signing: /s/ Jesper Lorenzen Copenhagen ,  G7 12-10-2025 [Signature] [City, State] [Date] Report Type (Check only one.): X 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)    13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)    13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F Summary Page Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 83 Form 13F Information Table Value Total: 5,052,585,341 (round to nearest dollar) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state “NONE” and omit the column headings and list entries.] NONE

View Full Filing

View this 13F-HR filing on SEC EDGAR