Returns–Not enough quarters yet
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| NVDANvidia Corporation | $2.8B | 7.2% | |
| AAPLApple Inc | $2.6B | 6.5% | +3.2% |
| MSFTMicrosoft Corp | $1.6B | 4.1% | +4.9% |
| AMZNAmazon Com Inc | $1.3B | 3.3% | |
| GOOGLAlphabet Inc | $1.3B | 3.2% | +2.1% |
| AVGOBroadcom Inc | $1.0B | 2.7% | +3.2% |
| GOOGAlphabet Inc | $1.0B | 2.6% | +3.2% |
| MUMicron Technology Inc | $774.5M | 2.0% | +7.4% |
| METAMeta Platforms Inc | $741.0M | 1.9% | +7.8% |
| TSLATesla Inc | $694.0M | 1.8% | |
| AMDAdvanced Micro Devices Inc | $580.6M | 1.5% | +2.4% |
| LLYEli Lilly & Co | $579.5M | 1.5% | +4.3% |
| JPMJpmorgan Chase & Co | $506.9M | 1.3% | +5.5% |
| AMATApplied Matls Inc | $405.7M | 1.0% | +14.2% |
| JNJJohnson & Johnson | $403.7M | 1.0% | +5.7% |
| LRCXLam Research Corp | $401.4M | 1.0% | −5.7% |
| INTCIntel Corp | $359.7M | 0.9% | |
| VVisa Inc | $356.4M | 0.9% | +6.0% |
| CSCOCisco Sys Inc | $350.9M | 0.9% | +12.1% |
| BRK/BBerkshire Hathaway Inc Del | $339.2M | 0.9% | |
| WMTWalmart Inc | $303.8M | 0.8% | +7.0% |
| ABBVAbbvie Inc | $296.0M | 0.8% | +7.5% |
| KLACKla Corp | $284.8M | 0.7% | +888.9% |
| MAMastercard Incorporated | $284.4M | 0.7% | +10.2% |
| COSTCostco Wholesale Corporation | $245.6M | 0.6% | +8.0% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| WDCWestern Digital Corp | December 31, 2025 | +270.8% | $168.7M |
| AMATApplied Matls Inc | December 31, 2025 | +181.3% | $405.7M |
| AMDAdvanced Micro Devices Inc | December 31, 2025 | +171.3% | $580.6M |
| LRCXLam Research Corp | December 31, 2025 | +153.1% | $401.4M |
| GEVGe Vernova Inc | December 31, 2025 | +79.8% | $188.0M |
| TXNTexas Instrs Inc | December 31, 2025 | +71.8% | $174.2M |
| CSCOCisco Sys Inc | December 31, 2025 | +52.5% | $350.9M |
| UNHUnitedhealth Group Inc | December 31, 2025 | +25.9% | $202.2M |
| JNJJohnson & Johnson | December 31, 2025 | +22.7% | $403.7M |
| MRKMerck & Co Inc | December 31, 2025 | +22.1% | $172.4M |
Sold off last quarter
- Honeywell Intl IncCUSIP 438516106 was $107.0M
- EMNEastman Chem Co was $47.2M
- KMBKimberly-clark Corp was $46.4M
- TAPMolson Coors Beverage Co was $44.8M
- SEICSei Invts Co was $40.8M
- EQHEquitable Hldgs Inc was $38.0M
- AIZAssurant Inc was $32.6M
- Carnival CorpCUSIP 143658300 was $21.0M
- Dupont De Nemours IncCUSIP 26614N102 was $20.7M
- TRMBTrimble Inc was $15.5M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +12.8% | +14.8% |
| March 31, 2026 | −5.7% | −4.6% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: PFA Pension, Forsikringsaktieselskab Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1730073&type=13F-HR&dateb=&owner=include&count=40CIK 1730073
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1730073/000173007326000009/Filed August 12, 2026 · accession 0001730073-26-000009