DANSKE BANK A/S

New 13F: Q3 2026

DANSKE BANK A/S filed its 13F for the quarter ended Sep 30, 2026 on Nov 9, 2026: $27.6B in AI and semiconductor stocks; $840.2M bought and $1.9B sold against its previous quarter, at the quarter's prices.

• trimmed Amazon (AMZN): -$468.0M at the quarter's price
• trimmed AMD (AMD): -$447.3M at the quarter's price
• trimmed Palantir (PLTR): -$207.5M at the quarter's price
• trimmed Alphabet (GOOGL): -$168.9M at the quarter's price
• added to Sandisk (SNDK): +$144.0M at the quarter's price
• trimmed Texas Instruments (TXN): -$71.2M at the quarter's price
• added to Micron (MU): +$69.5M at the quarter's price
• trimmed Apple (AAPL): -$62.3M at the quarter's price
• added to Coherent (COHR): +$60.2M at the quarter's price
• trimmed Lumentum (LITE): -$58.5M at the quarter's price

DANSKE BANK A/S declares $27.1B in 130 of the 230 AI and semiconductor companies tracked on Silicon Floor, as of Jun 30, 2026 (Form 13F): 53.7% of its $50.6B 13F portfolio. Largest positions: NVIDIA (0.07% of the company) and Apple (0.08% of the company). Over time: $27.1B in 130 of these companies for Q2 2026, against $13.8B in 128 for Q1 2024 (13F values as filed). From Mar 31, 2026 to Jun 30, 2026, it bought $1.7B and sold $780.5M of these stocks, at the quarter's prices: a net purchase of $907.3M; 2 new positions and 3 sold out.

Performance of its AI picks

The AI-stock portfolio DANSKE BANK A/S declared for Q2 2026 (Form 13F), held unchanged, returned +5.7% in Q3 2026 (SMH -7.1%), ranked 478 of 1,785 active managers. Over the last 12 months, quarter after quarter: +29.5% (SMH +87.2%), ranked 618 of 1,360 active managers. Trades made during a quarter are not visible in 13F filings: this measures its declared picks, not the return of its funds.

Largest positions

1. NVIDIA (NVDA): $3.6B, 18.0M shares, 0.07% of the company, 7.1% of its portfolio (trimmed this quarter); held since Q1 2024
2. Apple (AAPL): $3.2B, 11.1M shares, 0.08% of the company, 6.3% of its portfolio (trimmed this quarter); held since Q1 2024
3. Alphabet (GOOGL): $3.0B, 8.5M shares, 0.07% of the company, 6.0% of its portfolio (added this quarter); held since Q1 2024
4. Amazon (AMZN): $2.5B, 10.5M shares, 0.10% of the company, 4.9% of its portfolio (added this quarter); held since Q1 2024
5. Microsoft (MSFT): $2.1B, 5.7M shares, 0.08% of the company, 4.2% of its portfolio (added this quarter); held since Q1 2024
6. Broadcom (AVGO): $1.2B, 3.3M shares, 0.07% of the company, 2.4% of its portfolio (added this quarter); held since Q1 2024
7. AMD (AMD): $1.1B, 1.9M shares, 0.12% of the company, 2.2% of its portfolio (added this quarter); held since Q1 2024
8. Micron (MU): $1.1B, 911,561 shares, 0.08% of the company, 2.1% of its portfolio (trimmed this quarter); held since Q1 2024
9. Meta Platforms (META): $938.1M, 1.7M shares, 0.07% of the company, 1.9% of its portfolio (added this quarter); held since Q1 2024
10. Lam Research (LRCX): $413.5M, 954,179 shares, 0.08% of the company, 0.82% of its portfolio (trimmed this quarter); held since Q3 2024
11. Cisco (CSCO): $386.6M, 3.3M shares, 0.08% of the company, 0.76% of its portfolio (trimmed this quarter); held since Q1 2024
12. Intel (INTC): $383.5M, 2.7M shares, 0.05% of the company, 0.76% of its portfolio (added this quarter); held since Q1 2024
13. Applied Materials (AMAT): $359.4M, 497,094 shares, 0.06% of the company, 0.71% of its portfolio (added this quarter); held since Q1 2024
14. KLA (KLAC): $326.5M, 1.1M shares, 0.08% of the company, 0.65% of its portfolio (trimmed this quarter); held since Q1 2024
15. Palantir (PLTR): $296.4M, 2.5M shares, 0.11% of the company, 0.59% of its portfolio (added this quarter); held since Q1 2024

By sector

• Cloud & AI giants: $11.8B, 43% of its AI holdings, 6 companies
• Chips & compute: $7.3B, 27% of its AI holdings, 16 companies
• Power, electrical & cooling: $1.7B, 6% of its AI holdings, 35 companies
• AI software: $1.7B, 6% of its AI holdings, 22 companies
• Memory & storage: $1.4B, 5% of its AI holdings, 5 companies
• Equipment & test: $1.3B, 5% of its AI holdings, 12 companies
• Interconnect: $871.9M, 3% of its AI holdings, 8 companies
• Servers & systems: $495.9M, 2% of its AI holdings, 8 companies
• Optics: $328.5M, 1% of its AI holdings, 5 companies
• Neoclouds & data centers: $319.1M, 1% of its AI holdings, 13 companies

Biggest changes this quarter

• added to AMD (AMD): +$497.0M at the quarter's price
• added to Alphabet (GOOGL): +$271.1M at the quarter's price
• added to Amazon (AMZN): +$192.2M at the quarter's price
• added to Palantir (PLTR): +$125.5M at the quarter's price
• trimmed Apple (AAPL): -$124.1M at the quarter's price
• trimmed NVIDIA (NVDA): -$91.0M at the quarter's price
• trimmed Palo Alto Networks (PANW): -$89.2M at the quarter's price
• trimmed Dell (DELL): -$85.3M at the quarter's price
• added to Lumentum (LITE): +$62.0M at the quarter's price
• added to Texas Instruments (TXN): +$55.1M at the quarter's price

Other holders of this size

• Two Sigma: $27.0B in 220 of these companies
• Marshall Wace: $27.5B in 181 of these companies
• NEW YORK STATE TEACHERS RETIREMENT SYSTEM: $27.0B in 152 of these companies
• Quantinno Capital Management LP: $28.5B in 205 of these companies
• Clear Street Group Inc.: $26.8B in 87 of these companies
• LAZARD ASSET MANAGEMENT LLC: $28.8B in 179 of these companies
• Daiwa Securities Group Inc.: $26.4B in 140 of these companies
• CANADA LIFE ASSURANCE Co: $29.1B in 138 of these companies

Follow DANSKE BANK A/S's SEC filings (Atom feed)

All holders · Who owns each AI company · All tracked companies · The AI market