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Livermore
Livermore
ZHEN

Danske Bank A/S

SEC CIK
0000800177
Latest filing
Aug 10, 2026

The latest 13F from Danske Bank A/S covers Q2 2026 (filed Aug 10, 2026): 1,138 long positions worth $50.2B. The top 10 holdings make up 37.4% of the portfolio, and the largest is NVIDIA Corp (NVDA) at 7.2%. Livermore has 11 filings on Form 13F from this institution, going back to Q1 2024.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
41
Est. +$186.1M
Added
360
Est. +$4.33B
Reduced
305
Est. −$2.26B
Sold out
73
Est. −$223.7M

Top 5 holdings

Share of this quarter's portfolio value

  1. NVDANVIDIA Corp
    7.2%$3.60BHistory
  2. AAPLApple Inc.
    6.4%$3.20BHistory
  3. AMZNAmazon Com Inc
    5.0%$2.49BHistory
  4. MSFTMicrosoft Corp
    4.2%$2.11BHistory
  5. GOOGLAlphabet Inc.
    3.7%$1.85BHistory

Share of portfolio

Top 5 holdings and the other 1,133 positions, by share of portfolio value

  1. NVDA7.2%
  2. AAPL6.4%
  3. AMZN5.0%
  4. MSFT4.2%
  5. GOOGL3.7%
  6. Other 1,133 positions73.6%

Biggest buys

New and added positions, by estimated amount bought

  1. AMDAdvanced Micro Devices Inc
    +$497.0MAddedHistory
  2. AMZNAmazon Com Inc
    +$192.2MAddedHistory
  3. OXYOccidental Petroleum Corp
    +$172.4MAddedHistory
  4. GOOGLAlphabet Inc.
    +$148.7MAddedHistory
  5. WMTWalmart Inc.
    +$136.4MAddedHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. AMDAdvanced Micro Devices Inc
    +1.69 pp0.5% → 2.2%History
  2. INTCIntel Corp
    +0.49 pp0.3% → 0.8%History
  3. GOOGLAlphabet Inc.
    +0.39 pp3.3% → 3.7%History
  4. OXYOccidental Petroleum Corp
    +0.34 pp<0.1% → 0.3%History
  5. AMATApplied Materials Inc
    +0.31 pp0.4% → 0.7%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. OKEONEOK Inc
    −$192.2MReducedHistory
  2. AAPLApple Inc.
    −$124.1MReducedHistory
  3. HALHalliburton Co
    −$109.2MReducedHistory
  4. BKRBaker Hughes Co
    −$92.7MReducedHistory
  5. NVDANVIDIA Corp
    −$91.0MReducedHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. AAPLApple Inc.
    −0.65 pp7.0% → 6.4%History
  2. NVDANVIDIA Corp
    −0.58 pp7.8% → 7.2%History
  3. OKEONEOK Inc
    −0.48 pp0.5% → <0.1%History
  4. HALHalliburton Co
    −0.30 pp0.3% → <0.1%History
  5. BKRBaker Hughes Co
    −0.25 pp0.3% → <0.1%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$50.2B
+$8.67B (+20.9%) vs. prior quarter
Positions
1,138
−32 vs. prior quarter
Top 10 concentration
37.4%
Top 10 as share of value
Turnover
5.4%
Q2 2026, one quarter
Average holding period
9.8 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2024), so positions held before then are understated.

13F filings by quarter

10 quarters, going back to Q1 2024. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $50.2B (Q2 2026)

Q1 2024: $31.9BQ2 2024: $27.1BQ3 2024: $30.0BQ4 2024: $33.4BQ1 2025: $32.7BQ2 2025: $40.3BQ3 2025: $40.2BQ4 2025: $43.0BQ1 2026: $41.5BQ2 2026: $50.2B
Q1 2024Q2 2026
13F filings of Danske Bank A/S by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 10, 20261,138$50.2BNVDAAAPLAMZNvs. Q1 2026SEC
Q1 2026May 12, 20261,170$41.5BNVDAAAPLMSFTvs. Q4 2025SEC
Q4 2025Feb 2, 20261,554$43.0BNVDAAAPLMSFTvs. Q3 2025SEC
Q3 2025Nov 19, 2025Amended1,473$40.2BNVDAAAPLMSFTvs. Q2 2025SEC
Q2 2025Dec 18, 20251,508$40.3BNVDAMSFTAAPLvs. Q1 2025SEC
Q1 2025Dec 18, 20251,363$32.7BAAPLMSFTNVDAvs. Q4 2024SEC
Q4 2024Mar 18, 20261,389$33.4BAAPLNVDAMSFTvs. Q3 2024SEC
Q3 2024Mar 18, 20261,592$30.0BAAPLMSFTNVDAvs. Q2 2024SEC
Q2 2024Mar 18, 20261,119$27.1BMSFTNVDAAAPLvs. Q1 2024SEC
Q1 2024Mar 18, 20261,022$31.9BMSFTNVDAAAPL–SEC

13D and 13G filings

Companies where Danske Bank A/S reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

1 company, largest stake first.

Companies where Danske Bank A/S owns 5% or more
CompanyLatest formStakeChangeFirst filedLatest filingFiling
KUSTKustom Entertainment, Inc.13D6.05%350.0K sharesNewMay 19, 20251 filingMay 19, 2025SEC

Latest filings

4 filings on file made by Danske Bank A/S or listing it as a reporting person, newest first.

Schedule 13D and 13G filings by Danske Bank A/S
CompanyFiled (ET)FormStakeChangeEvent dateFiling
KUSTKustom Entertainment, Inc.May 19, 20256:04 AM ET13D6.05%350.0K sharesNewMay 14, 2025SEC
SUNESUNation Energy, Inc.Apr 24, 20256:00 AM ET13D/A0.00%0 shares−5.90 ppfrom 5.90%Below 5%Apr 16, 2025SEC
SUNESUNation Energy, Inc.Apr 16, 20252:05 PM ET13D5.90%1.22M sharesNewApr 9, 2025SEC
Jefferies Credit Partners BDC Inc.Oct 7, 202413GOld format–New–SEC