PBU - The Pension Fund of Early Childhood & Youth Educators

13F filer, CIK 2103310, COPENHAGEN, Denmark

PBU - The Pension Fund of Early Childhood & Youth Educators reported $6,941,968,741 across 209 holdings for the quarter ended 2025-12-31, in a 13F-HR/A filed 2026-04-10. Its ten largest share positions make up 37.66% of the portfolio.

Filed 2026-04-10 (acceptance time not in the bulk data set), ingested 2026-10-06 09:58:43 UTC13F-HR/A 0002103310-26-000007

Period: 2025-12-31
Reported value: $6.94B
Holdings: 209
Top 10 weight: 37.66%
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Holdings, Q4 2025

Share positions as resolved from 13F-HR/A 0002103310-26-000007, largest first. % of portfolio is the value over $6,941,968,741, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Timeline
NVDANVIDIA CORPORATION	2,643,215	$493M	7.1%	Timeline
AAPLAPPLE INC	1,593,166	$433M	6.24%	Timeline
MSFTMICROSOFT CORP	786,011	$380M	5.48%	Timeline
GOOGLALPHABET INC	1,114,643	$349M	5.03%	Timeline
METAMETA PLATFORMS INC	369,620	$244M	3.51%	Timeline
AVGOBROADCOM INC	640,106	$222M	3.19%	Timeline
JPMJPMORGAN CHASE & CO	440,002	$142M	2.04%	Timeline
VVISA INC	364,394	$128M	1.84%	Timeline
COSTCOSTCO WHOLESALE CORPORATION	134,007	$116M	1.66%	Timeline
LLYELI LILLY & CO	100,958	$108M	1.56%	Timeline
KLACKLA CORP	81,105	$98.5M	1.42%	Timeline
LRCXLAM RESEARCH CORP	574,700	$98.4M	1.42%	Timeline
MRKMERCK & CO INC	775,966	$81.7M	1.18%	Timeline
GOOGALPHABET INC	249,330	$78.2M	1.13%	Timeline
MAMASTERCARD INCORPORATED	132,129	$75.4M	1.09%	Timeline
NEMNEWMONT CORP	754,184	$75.3M	1.08%	Timeline
TTETOTALENERGIES SE	1,142,166	$74.6M	1.07%	Timeline
AMATAPPLIED MATLS INC	286,742	$73.7M	1.06%	Timeline
HDHOME DEPOT INC	213,620	$73.5M	1.06%	Timeline
NFLXNETFLIX INC.	766,730	$71.9M	1.04%	Timeline
TTTRANE TECHNOLOGIES PLC	173,568	$67.6M	0.97%	Timeline
ANETARISTA NETWORKS INC	512,794	$67.2M	0.97%	Timeline
EBAYEBAY INC.	754,732	$65.7M	0.95%	Timeline
TJXTJX COS INC NEW	425,968	$65.4M	0.94%	Timeline
ORCLORACLE CORP	315,863	$61.6M	0.89%	Timeline
IBMINTERNATIONAL BUSINESS MACHS	189,691	$56.2M	0.81%	Timeline
SPGIS&P GLOBAL INC	106,838	$55.8M	0.8%	Timeline
PGRPROGRESSIVE CORP	229,691	$52.3M	0.75%	Timeline
KOCOCA COLA CO	686,536	$48M	0.69%	Timeline
EMEEMCOR GROUP INC	75,580	$46.2M	0.67%	Timeline
NOWSERVICENOW INC	301,265	$46.2M	0.66%	Timeline
QCOMQUALCOMM INC	258,703	$44.3M	0.64%	Timeline
NTESNETEASE COM INC	321,279	$44.2M	0.64%	Timeline
JNJJOHNSON & JOHNSON	210,821	$43.6M	0.63%	Timeline
TSCOTRACTOR SUPPLY CO	853,982	$42.7M	0.62%	Timeline
CRMSALESFORCE INC	153,531	$40.7M	0.59%	Timeline
WFCWELLS FARGO & CO	427,726	$39.9M	0.57%	Timeline
MUMICRON TECHNOLOGY INC	138,786	$39.6M	0.57%	Timeline
AXPAMERICAN EXPRESS CO	103,756	$38.4M	0.55%	Timeline
ADIANALOG DEVICES INC	126,604	$34.3M	0.49%	Timeline
GHGUARDANT HEALTH INC	335,854	$34.3M	0.49%	Timeline
AMDADVANCED MICRO DEVICES INC	158,580	$34M	0.49%	Timeline
HCAHCA HEALTHCARE INC	70,621	$33M	0.47%	Timeline
GMGENERAL MTRS CO	400,336	$32.6M	0.47%	Timeline
HIGHARTFORD INSURANCE GROUP INC	235,522	$32.5M	0.47%	Timeline
CMICUMMINS INC	61,807	$31.5M	0.45%	Timeline
DISDISNEY WALT CO	277,201	$31.5M	0.45%	Timeline
CRWDCROWDSTRIKE HLDGS INC	64,896	$30.4M	0.44%	Timeline
ABBVABBVIE INC	131,778	$30.1M	0.43%	Timeline
ADBEADOBE INC	85,977	$30.1M	0.43%	Timeline
GEGE AEROSPACE	96,989	$29.9M	0.43%	Timeline
SHOPSHOPIFY INC	182,199	$29.4M	0.42%	Timeline
PHPARKER-HANNIFIN CORP	32,971	$29M	0.42%	Timeline
NSCNORFOLK SOUTHN CORP	98,659	$28.5M	0.41%	Timeline
PNCPNC FINL SVCS GROUP INC	128,675	$26.9M	0.39%	Timeline
ADPTADAPTIVE BIOTECHNOLOGIES COR	1,650,303	$26.8M	0.39%	Timeline
MSMORGAN STANLEY	146,745	$26.1M	0.38%	Timeline
COFCAPITAL ONE FINL CORP	107,458	$26M	0.38%	Timeline
UBERUBER TECHNOLOGIES INC	313,643	$25.6M	0.37%	Timeline
PGPROCTER & GAMBLE CO	177,414	$25.4M	0.37%	Timeline
VZVERIZON COMMUNICATIONS INC	616,206	$25.1M	0.36%	Timeline
ADPAUTOMATIC DATA PROCESSING IN	93,821	$24.1M	0.35%	Timeline
MFCMANULIFE FINL CORP	658,184	$23.9M	0.34%	Timeline
MELIMERCADOLIBRE INC	11,651	$23.5M	0.34%	Timeline
ETNEATON CORP PLC	73,490	$23.4M	0.34%	Timeline
BACBANK OF AMER CORP	414,841	$22.8M	0.33%	Timeline
PEPPEPSICO INC	157,452	$22.6M	0.33%	Timeline
CSCOCISCO SYS INC	289,812	$22.3M	0.32%	Timeline
TECHBIO-TECHNE CORP	379,367	$22.3M	0.32%	Timeline
AMPAMERIPRISE FINL INC	45,474	$22.3M	0.32%	Timeline
GILDGILEAD SCIENCES INC	180,109	$22.1M	0.32%	Timeline
UNPUNION PAC CORP	94,939	$22M	0.32%	Timeline
URBNURBAN OUTFITTERS INC	290,110	$21.8M	0.31%	Timeline
HLTHILTON WORLDWIDE HLDGS INC	74,819	$21.5M	0.31%	Timeline
BLKBLACKROCK INC	20,061	$21.5M	0.31%	Timeline
BNBROOKFIELD CORP	466,416	$21.4M	0.31%	Timeline
SHWSHERWIN WILLIAMS CO	65,201	$21.1M	0.3%	Timeline
CCITIGROUP INC	179,219	$20.9M	0.3%	Timeline
CLCOLGATE PALMOLIVE CO	264,144	$20.9M	0.3%	Timeline
LOWLOWES COS INC	85,524	$20.6M	0.3%	Timeline
TMOTHERMO FISHER SCIENTIFIC INC	35,566	$20.6M	0.3%	Timeline
INTUINTUIT	30,908	$20.5M	0.29%	Timeline
ACNACCENTURE PLC IRELAND	75,329	$20.2M	0.29%	Timeline
RYROYAL BK CDA	118,167	$20.2M	0.29%	Timeline
APPAPPLOVIN CORP	29,291	$19.7M	0.28%	Timeline
ROKROCKWELL AUTOMATION INC	50,547	$19.7M	0.28%	Timeline
UNHUNITEDHEALTH GROUP INC	59,132	$19.5M	0.28%	Timeline
APDAIR PRODUCTS AND CHEMICALS I	78,354	$19.4M	0.28%	Timeline
ISRGINTUITIVE SURGICAL INC	33,653	$19.1M	0.27%	Timeline
FERGFERGUSON ENTERPRISES INC	85,025	$18.9M	0.27%	Timeline
STLDSTEEL DYNAMICS INC	111,645	$18.9M	0.27%	Timeline
DHRDANAHER CORP DEL	81,250	$18.6M	0.27%	Timeline
ECLECOLAB INC	69,642	$18.3M	0.26%	Timeline
JCIJOHNSON CONTROLS INTERNATION	151,415	$18.1M	0.26%	Timeline
ROSTROSS STORES INC	100,391	$18.1M	0.26%	Timeline
PINSPINTEREST INC	696,450	$18M	0.26%	Timeline
SNPSSYNOPSYS INC	38,125	$17.9M	0.26%	Timeline
SYYSYSCO CORP	242,956	$17.9M	0.26%	Timeline
AEMAGNICO EAGLE MINES LTD	105,270	$17.9M	0.26%	Timeline
DXCMDEXCOM INC	268,981	$17.9M	0.26%	Timeline
UBSUBS GROUP AG	379,049	$17.7M	0.25%	Timeline
HSYHERSHEY CO	96,029	$17.5M	0.25%	Timeline
AMGNAMGEN INC	52,436	$17.2M	0.25%	Timeline
BSXBOSTON SCIENTIFIC CORP	176,015	$16.8M	0.24%	Timeline
PCARPACCAR INC	151,321	$16.6M	0.24%	Timeline
GEVGE VERNOVA INC	25,097	$16.4M	0.24%	Timeline
CTVACORTEVA INC	238,405	$16M	0.23%	Timeline
FFORD MTR CO	1,203,619	$15.8M	0.23%	Timeline
TDTORONTO DOMINION BK ONT	167,004	$15.8M	0.23%	Timeline
SCHWCHARLES SCHWAB CORP (THE)	152,845	$15.3M	0.22%	Timeline
SBUXSTARBUCKS CORP	177,502	$14.9M	0.22%	Timeline
TXNTEXAS INSTRS INC	86,073	$14.9M	0.22%	Timeline
SYKSTRYKER CORPORATION	41,644	$14.6M	0.21%	Timeline
MTBM & T BK CORP	68,127	$13.7M	0.2%	Timeline
INTCINTEL CORP	370,393	$13.7M	0.2%	Timeline
WECWEC ENERGY GROUP INC	129,030	$13.6M	0.2%	Timeline
CMCANADIAN IMPERIAL BANK OF CO	149,429	$13.6M	0.2%	Timeline
FISVFISERV INC	199,780	$13.4M	0.19%	Timeline
DASHDOORDASH INC	59,041	$13.4M	0.19%	Timeline
BMOBANK OF MONTREAL	102,160	$13.3M	0.19%	Timeline
DEDEERE & CO	27,951	$13M	0.19%	Timeline
DARDARLING INGREDIENTS INC	360,707	$13M	0.19%	Timeline
HWMHOWMET AEROSPACE INC	62,972	$12.9M	0.19%	Timeline
ITWILLINOIS TOOL WKS INC	52,044	$12.8M	0.18%	Timeline
ABTABBOTT LABORATORIES	98,749	$12.4M	0.18%	Timeline
CNICANADIAN NATL RY CO	124,802	$12.4M	0.18%	Timeline
TAT&T INC	493,718	$12.3M	0.18%	Timeline
SPOTSPOTIFY TECHNOLOGY S A	21,084	$12.2M	0.18%	Timeline
EIXEDISON INTL	200,343	$12M	0.17%	Timeline
MCDMCDONALDS CORP	39,338	$12M	0.17%	Timeline
WCNWASTE CONNECTIONS INC	67,860	$11.9M	0.17%	Timeline
MCOMOODYS CORP	23,030	$11.8M	0.17%	Timeline
FICOFAIR ISAAC CORP	6,955	$11.8M	0.17%	Timeline
FOXAFOX CORP	160,731	$11.7M	0.17%	Timeline
KGCKINROSS GOLD CORP	415,552	$11.7M	0.17%	Timeline
BMYBRISTOL-MYERS SQUIBB CO	217,144	$11.7M	0.17%	Timeline
CSLCARLISLE COS INC	36,419	$11.6M	0.17%	Timeline
AONAON PLC	32,861	$11.6M	0.17%	Timeline
SLFSUN LIFE FINANCIAL INC.	184,982	$11.6M	0.17%	Timeline
GLWCORNING INC	131,128	$11.5M	0.17%	Timeline
SNOWSNOWFLAKE INC	52,113	$11.4M	0.16%	Timeline
LINLINDE PLC	26,689	$11.4M	0.16%	Timeline
TRVTRAVELERS COMPANIES INC	39,202	$11.4M	0.16%	Timeline
BNSBANK NOVA SCOTIA B C	153,616	$11.3M	0.16%	Timeline
FDXFEDEX CORP	39,181	$11.3M	0.16%	Timeline
ULTAULTA BEAUTY INC	18,622	$11.3M	0.16%	Timeline
BDXBECTON DICKINSON & CO	57,719	$11.2M	0.16%	Timeline
CEGCONSTELLATION ENERGY CORP	31,375	$11.1M	0.16%	Timeline
JBLJABIL INC	48,409	$11M	0.16%	Timeline
ALLALLSTATE CORP	52,927	$11M	0.16%	Timeline
MGAMAGNA INTL INC	206,054	$11M	0.16%	Timeline
DALDELTA AIR LINES INC	156,091	$10.8M	0.16%	Timeline
CMECME GROUP INC	39,353	$10.7M	0.15%	Timeline
TMUST-MOBILE US INC	52,674	$10.7M	0.15%	Timeline
TELTE CONNECTIVITY PLC	46,621	$10.6M	0.15%	Timeline
MMM3M CO	64,255	$10.3M	0.15%	Timeline
WMWASTE MGMT INC DEL	46,450	$10.2M	0.15%	Timeline
REGNREGENERON PHARMACEUTICALS	13,213	$10.2M	0.15%	Timeline
ADSKAUTODESK INC	34,448	$10.2M	0.15%	Timeline
MDTMEDTRONIC PLC	105,030	$10.1M	0.15%	Timeline
CALMCAL MAINE FOODS INC	125,346	$9.97M	0.14%	Timeline
CBCHUBB LIMITED	31,697	$9.89M	0.14%	Timeline
UALUNITED AIRLS HLDGS INC	88,193	$9.86M	0.14%	Timeline
NEENEXTERA ENERGY INC	117,969	$9.47M	0.14%	Timeline
DRIDARDEN RESTAURANTS INC	51,338	$9.45M	0.14%	Timeline
AJGGALLAGHER ARTHUR J & CO	36,233	$9.38M	0.14%	Timeline
YUMYUM BRANDS INC	61,341	$9.28M	0.13%	Timeline
HUBSHUBSPOT INC	22,957	$9.21M	0.13%	Timeline
KVUEKENVUE INC	527,871	$9.11M	0.13%	Timeline
ZTSZOETIS INC	72,180	$9.08M	0.13%	Timeline
NTAPNETAPP INC	82,907	$8.88M	0.13%	Timeline
DECKDECKERS OUTDOOR CORP	83,860	$8.69M	0.13%	Timeline
URIUNITED RENTALS INC	10,663	$8.63M	0.12%	Timeline
ALLEALLEGION PLC	54,020	$8.6M	0.12%	Timeline
XELXCEL ENERGY INC	115,891	$8.56M	0.12%	Timeline
TDGTRANSDIGM GROUP INC	6,360	$8.46M	0.12%	Timeline
CDWCDW CORP	61,415	$8.36M	0.12%	Timeline
PFEPFIZER INC	329,583	$8.21M	0.12%	Timeline
EXCEXELON CORP	187,855	$8.19M	0.12%	Timeline
WTWWILLIS TOWERS WATSON PLC LTD	24,504	$8.05M	0.12%	Timeline
EDCONSOLIDATED EDISON INC	79,981	$7.94M	0.11%	Timeline
RMDRESMED INC	32,933	$7.93M	0.11%	Timeline
AFLAFLAC INC	71,465	$7.88M	0.11%	Timeline
GISGENERAL MILLS INC	167,072	$7.77M	0.11%	Timeline
DDOMINION ENERGY INC	131,478	$7.7M	0.11%	Timeline
CFCF INDUSTRIES HOLD	96,463	$7.46M	0.11%	Timeline
DVADAVITA INC	63,461	$7.21M	0.1%	Timeline
WSMWILLIAMS SONOMA INC	39,765	$7.1M	0.1%	Timeline
FCNCAFIRST CTZNS BANCSHARES INC D	3,138	$6.73M	0.1%	Timeline
PAYXPAYCHEX INC	59,970	$6.73M	0.1%	Timeline
PYPLPAYPAL HLDGS INC	115,170	$6.72M	0.1%	Timeline
CLSCELESTICA INC	18,458	$5.47M	0.08%	Timeline
UTHRUNITED THERAPEUTICS CORP DEL	9,857	$4.8M	0.07%	Timeline
CVNACARVANA CO	11,048	$4.66M	0.07%	Timeline
CHTRCHARTER COMMUNICATIONS INC	18,041	$3.77M	0.05%	Timeline
COINCOINBASE GLOBAL INC	16,484	$3.73M	0.05%	Timeline
AOSSMITH A O CORP	47,042	$3.15M	0.05%	Timeline
RCLROYAL CARIBBEAN GROUP	9,870	$2.75M	0.04%	Timeline
LULULULULEMON ATHLETICA INC	7,443	$1.55M	0.02%	Timeline
GWWWW GRAINGER INC	1,400	$1.41M	0.02%	Timeline
TGTTARGET CORP	11,721	$1.15M	0.02%	Timeline
FITBFIFTH THIRD BANCORP	22,387	$1.05M	0.02%	Timeline
CMCSACOMCAST CORP NEW	31,879	$953K	0.01%	Timeline
PNRPENTAIR PLC	8,524	$888K	0.01%	Timeline
CITHE CIGNA GROUP	3,028	$833K	0.01%	Timeline
CMGCHIPOTLE MEXICAN GRILL INC	22,457	$831K	0.01%	Timeline

Principal amounts

Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).

Security	Type	Amount	Value
PLDPROLOGIS INC. COM	principal	145,124	$18.5M
EQIXEQUINIX INC REIT	principal	21,599	$16.5M
AMTAMERICAN TOWER CORP COM	principal	67,171	$11.8M

How Q4 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0002103310-26-000005	superseded		2026-02-11	acceptance time not in the bulk data set	2026-10-07 03:01:36 UTC
13F-HR/A 0002103310-26-000007	base	restatement	2026-04-10	acceptance time not in the bulk data set	2026-10-06 09:58:43 UTC