Danica Pension Buys New AMD Stake Worth $38M

Danica Pension Livsforsikringsaktieselskab disclosed new positions in five companies during the first quarter, according to SEC filings. The fund bought 188,431 shares of Advanced Micro Devices, valuing the stake at about $38.33 million. It also established a new stake in McDonald’s Corporation with 102,941 shares worth roughly $31.99 million. In addition, Danica took a position in GE Vernova by acquiring 13,283 shares valued at about $11.60 million. The portfolio was expanded with a new investment in Amgen, totaling 34,491 shares and approximately $12.14 million. Finally, Danica added 58,222 shares of Accenture, worth around $11.55 million, highlighting ongoing activity across large-cap equities in the quarter.