Maj Invest Holding A/S Long-Term Concentrated

CIK: 0001730525 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 6, 2026

Total Value ($000): $2,150 (100.0% shares, 0.0% debt)

Holdings (38)

Increased Positions (5)

UPS UNITED PARCEL SERVICE INC 5.0%

Value ($000) $108 (+31.4%) Shares 1,090,951 (+10.6%) Est. Cost $112.98 Unrealized -17.9%

META META PLATFORMS INC 4.9%

Value ($000) $105 (+9.8%) Shares 159,708 (+22.2%) Est. Cost $337.69 Unrealized +97.6%

UNP UNION PAC CORP 5.8%

Value ($000) $126 (-0.8%) Shares 542,865 (+1.3%) Est. Cost $175.20 Unrealized +29.7%

MCO MOODYS CORP 0.0%

Value ($000) $0 (+45.3%) Shares 245 (+36.1%) Est. Cost $476.92 Unrealized +2.2%

UNH UNITEDHEALTH GROUP INC 0.0%

Value ($000) $0 (+31.2%) Shares 307 (+38.3%) Est. Cost $455.23 Unrealized -25.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
UPS	UNITED PARCEL SERVICE INC	1,090,951 (+10.6%)	$108 (+31.4%)	5.0%	$112.98	-17.9%	CL B	911312106
META	META PLATFORMS INC	159,708 (+22.2%)	$105 (+9.8%)	4.9%	$337.69	+97.6%	CL A	30303M102
UNP	UNION PAC CORP	542,865 (+1.3%)	$126 (-0.8%)	5.8%	$175.20	+29.7%	COM	907818108
MCO	MOODYS CORP	245 (+36.1%)	$0 (+45.3%)	0.0%	$476.92	+2.2%	COM	615369105
UNH	UNITEDHEALTH GROUP INC	307 (+38.3%)	$0 (+31.2%)	0.0%	$455.23	-25.9%	COM	91324P102

Exited Positions (4)

B BARRICK MNG CORP 0.3%

Value ($000) $7 Shares 228,607 Est. Cost $19.29 Unrealized +94.0%

TER TERADYNE INC 0.0%

Value ($000) $0 Shares 1,630 Est. Cost $124.53 Unrealized +37.7%

MU MICRON TECHNOLOGY INC 0.0%

Value ($000) $0 Shares 1,000 Est. Cost $95.73 Unrealized +139.6%

RUN SUNRUN INC 0.0%

Value ($000) $0 Shares 4,700 Est. Cost $18.59 Unrealized +3.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
B	BARRICK MNG CORP	228,607	$7	0.3%	$19.29	+94.0%	—	06849F108
TER	TERADYNE INC	1,630	$0	0.0%	$124.53	+37.7%	—	880770102
MU	MICRON TECHNOLOGY INC	1,000	$0	0.0%	$95.73	+139.6%	—	595112103
RUN	SUNRUN INC	4,700	$0	0.0%	$18.59	+3.1%	—	86771W105

Decreased Positions (20)

GOOGL ALPHABET INC 5.5%

Value ($000) $119 (-55.8%) Shares 379,855 (-65.7%) Est. Cost $118.90 Unrealized +140.2%

AMAT APPLIED MATLS INC 7.3%

Value ($000) $156 (-35.6%) Shares 607,843 (-48.7%) Est. Cost $163.91 Unrealized +46.1%

NEM NEWMONT CORP 3.7%

Value ($000) $80 (-49.9%) Shares 800,450 (-57.7%) Est. Cost $38.99 Unrealized +131.3%

LOW LOWES COS INC 6.0%

Value ($000) $128 (-36.6%) Shares 530,538 (-33.9%) Est. Cost $152.43 Unrealized +57.3%

BRK/B BERKSHIRE HATHAWAY INC DEL 8.7%

Value ($000) $187 (-27.5%) Shares 371,585 (-27.5%) Est. Cost $409.97 Unrealized +21.4%

CSX CSX CORP 6.1%

Value ($000) $131 (-33.0%) Shares 3,601,449 (-34.4%) Est. Cost $29.26 Unrealized +22.0%

HCA HCA HEALTHCARE INC 3.8%

Value ($000) $82 (-43.5%) Shares 174,594 (-48.4%) Est. Cost $323.22 Unrealized +43.5%

HPQ HP INC 5.1%

Value ($000) $110 (-29.8%) Shares 4,939,374 (-14.2%) Est. Cost $25.10 Unrealized +0.6%

QCOM QUALCOMM INC 7.8%

Value ($000) $168 (-19.7%) Shares 982,643 (-21.9%) Est. Cost $166.92 Unrealized +2.3%

AXP AMERICAN EXPRESS CO 5.4%

Value ($000) $115 (-25.7%) Shares 311,080 (-33.3%) Est. Cost $142.31 Unrealized +150.8%

ELV ELEVANCE HEALTH INC FORMERLY 4.3%

Value ($000) $92 (-28.4%) Shares 262,039 (-34.0%) Est. Cost $480.28 Unrealized -29.9%

SCI SERVICE CORP INTL 1.4%

Value ($000) $29 (-40.0%) Shares 377,579 (-36.0%) Est. Cost $53.11 Unrealized +50.6%

KR KROGER CO 4.4%

Value ($000) $95 (-13.5%) Shares 1,524,265 (-6.6%) Est. Cost $48.55 Unrealized +34.3%

CI THE CIGNA GROUP 5.0%

Value ($000) $108 (-11.1%) Shares 393,502 (-6.9%) Est. Cost $270.96 Unrealized +3.1%

AFL AFLAC INC 2.9%

Value ($000) $62 (-4.2%) Shares 559,634 (-2.9%) Est. Cost $42.07 Unrealized +161.1%

INTC INTEL CORP 0.0%

Value ($000) $0 (-96.3%) Shares 2,000 (-96.6%) Est. Cost $42.41 Unrealized -11.0%

GS GOLDMAN SACHS GROUP INC 0.0%

Value ($000) $0 (-38.5%) Shares 100 (-44.4%) Est. Cost $300.52 Unrealized +170.6%

JNJ JOHNSON & JOHNSON 0.0%

Value ($000) $0 (-34.5%) Shares 470 (-41.3%) Est. Cost $145.10 Unrealized +35.8%

ROK ROCKWELL AUTOMATION INC 0.0%

Value ($000) $0 (-33.6%) Shares 240 (-40.0%) Est. Cost $270.53 Unrealized +38.7%

PKG PACKAGING CORP AMER 0.0%

Value ($000) $0 (-53.4%) Shares 200 (-50.5%) Est. Cost $95.90 Unrealized +111.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC	379,855 (-65.7%)	$119 (-55.8%)	5.5%	$118.90	+140.2%	CAP STK CL A	02079K305
AMAT	APPLIED MATLS INC	607,843 (-48.7%)	$156 (-35.6%)	7.3%	$163.91	+46.1%	COM	038222105
NEM	NEWMONT CORP	800,450 (-57.7%)	$80 (-49.9%)	3.7%	$38.99	+131.3%	COM	651639106
LOW	LOWES COS INC	530,538 (-33.9%)	$128 (-36.6%)	6.0%	$152.43	+57.3%	COM	548661107
BRK/B	BERKSHIRE HATHAWAY INC DEL	371,585 (-27.5%)	$187 (-27.5%)	8.7%	$409.97	+21.4%	CL B NEW	084670702
CSX	CSX CORP	3,601,449 (-34.4%)	$131 (-33.0%)	6.1%	$29.26	+22.0%	COM	126408103
HCA	HCA HEALTHCARE INC	174,594 (-48.4%)	$82 (-43.5%)	3.8%	$323.22	+43.5%	COM	40412C101
HPQ	HP INC	4,939,374 (-14.2%)	$110 (-29.8%)	5.1%	$25.10	+0.6%	COM	40434L105
QCOM	QUALCOMM INC	982,643 (-21.9%)	$168 (-19.7%)	7.8%	$166.92	+2.3%	COM	747525103
AXP	AMERICAN EXPRESS CO	311,080 (-33.3%)	$115 (-25.7%)	5.4%	$142.31	+150.8%	COM	025816109
ELV	ELEVANCE HEALTH INC FORMERLY	262,039 (-34.0%)	$92 (-28.4%)	4.3%	$480.28	-29.9%	COM	036752103
SCI	SERVICE CORP INTL	377,579 (-36.0%)	$29 (-40.0%)	1.4%	$53.11	+50.6%	COM	817565104
KR	KROGER CO	1,524,265 (-6.6%)	$95 (-13.5%)	4.4%	$48.55	+34.3%	COM	501044101
CI	THE CIGNA GROUP	393,502 (-6.9%)	$108 (-11.1%)	5.0%	$270.96	+3.1%	COM	125523100
AFL	AFLAC INC	559,634 (-2.9%)	$62 (-4.2%)	2.9%	$42.07	+161.1%	COM	001055102
INTC	INTEL CORP	2,000 (-96.6%)	$0 (-96.3%)	0.0%	$42.41	-11.0%	COM	458140100
GS	GOLDMAN SACHS GROUP INC	100 (-44.4%)	$0 (-38.5%)	0.0%	$300.52	+170.6%	COM	38141G104
JNJ	JOHNSON & JOHNSON	470 (-41.3%)	$0 (-34.5%)	0.0%	$145.10	+35.8%	COM	478160104
ROK	ROCKWELL AUTOMATION INC	240 (-40.0%)	$0 (-33.6%)	0.0%	$270.53	+38.7%	COM	773903109
PKG	PACKAGING CORP AMER	200 (-50.5%)	$0 (-53.4%)	0.0%	$95.90	+111.0%	COM	695156109

Unchanged Positions (13)

AMP AMERIPRISE FINL INC 6.8%

Value ($000) $147 Shares 299,416 Est. Cost $466.79 Unrealized +1.5%

SONY SONY GROUP CORP 0.0%

Value ($000) $0 Shares 5,500 Est. Cost $0.03 Unrealized —

TMO THERMO FISHER SCIENTIFIC INC 0.0%

Value ($000) $0 Shares 160 Est. Cost $547.53 Unrealized +3.2%

USB US BANCORP DEL 0.0%

Value ($000) $0 Shares 2,500 Est. Cost $38.63 Unrealized +26.1%

NOC NORTHROP GRUMMAN CORP 0.0%

Value ($000) $0 Shares 180 Est. Cost $470.02 Unrealized +23.1%

V VISA INC 0.0%

Value ($000) $0 Shares 750 Est. Cost $197.07 Unrealized +72.7%

TXN TEXAS INSTRS INC 0.0%

Value ($000) $0 Shares 650 Est. Cost $161.35 Unrealized +5.8%

JKS JINKOSOLAR HLDG CO LTD 0.0%

Value ($000) $0 Shares 3,200 Est. Cost $0.04 Unrealized —

LMT LOCKHEED MARTIN CORP 0.0%

Value ($000) $0 Shares 315 Est. Cost $448.29 Unrealized +6.2%

MRNA MODERNA INC 0.0%

Value ($000) $0 Shares 990 Est. Cost $155.62 Unrealized -82.5%

PFE PFIZER INC 0.0%

Value ($000) $0 Shares 4,000 Est. Cost $24.77 Unrealized +1.1%

BIDU BAIDU INC 0.0%

Value ($000) $0 Shares 850 Est. Cost $0.15 Unrealized —

GD GENERAL DYNAMICS CORP 0.0%

Value ($000) $0 Shares 400 Est. Cost $255.81 Unrealized +33.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMP	AMERIPRISE FINL INC	299,416	$147	6.8%	$466.79	+1.5%	COM	03076C106
SONY	SONY GROUP CORP	5,500	$0	0.0%	$0.03	—	SPONSORED ADR	835699307
TMO	THERMO FISHER SCIENTIFIC INC	160	$0	0.0%	$547.53	+3.2%	COM	883556102
USB	US BANCORP DEL	2,500	$0	0.0%	$38.63	+26.1%	COM NEW	902973304
NOC	NORTHROP GRUMMAN CORP	180	$0	0.0%	$470.02	+23.1%	COM	666807102
V	VISA INC	750	$0	0.0%	$197.07	+72.7%	COM CL A	92826C839
TXN	TEXAS INSTRS INC	650	$0	0.0%	$161.35	+5.8%	COM	882508104
JKS	JINKOSOLAR HLDG CO LTD	3,200	$0	0.0%	$0.04	—	SPONSORED ADR	47759T100
LMT	LOCKHEED MARTIN CORP	315	$0	0.0%	$448.29	+6.2%	COM	539830109
MRNA	MODERNA INC	990	$0	0.0%	$155.62	-82.5%	COM	60770K107
PFE	PFIZER INC	4,000	$0	0.0%	$24.77	+1.1%	COM	717081103
BIDU	BAIDU INC	850	$0	0.0%	$0.15	—	SPON ADR REP A	056752108
GD	GENERAL DYNAMICS CORP	400	$0	0.0%	$255.81	+33.2%	COM	369550108