BC
Bls Capital Fondsmaeglerselskab A/s: 13F Stock Holdings & Portfolio (Q2 2026)
Bls Capital Fondsmaeglerselskab A/sCIK: 0001670104
Momentum followerQuality / disciplined sizingSector-focused
Total reported value
$2.6B
Reporting period: 2026-06-30 · Number of holdings: 11
BLS CAPITAL FONDSMAEGLERSELSKAB A/S disclosed 11 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $2.6B and a quarterly turnover rate of 16.2%.
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Personality snowflake
- Concentration
- 41.64
- Portfolio Stability
- 16.21
- Momentum
- 100
- Sector conviction
- 87.28
- Diversification
- 22
- Sizing Uniformity
- 96
Bls Capital Fondsmaeglerselskab A/s's disclosed holdings carry a Herfindahl concentration index of 0.104 — mathematically equivalent to about 10 equally-sized positions, close to its 11 actual disclosed holdings. Value is spread relatively evenly across the portfolio rather than concentrated in a handful of names.
Position sizes are fairly uniform across the portfolio (a coefficient of variation of 0.40), suggesting a disciplined, rules-based approach to how much capital goes into each idea.
Recent activity leans toward adding more aggressively to already-large existing positions than to newly initiated ones (a 5.7 percentage-point tilt) — a pattern consistent with a momentum-following approach.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govTrim ZTS
-6.4% -$99.6M
Add MA
+8.0% $24.6M
Trim YUMC
-4.7% -$111.9M
Add ADP
-3.0% $16.7M
Add AJG
+2.0% $11.4M
Add V
-11.5% $899.7K
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | YUMC | Yum China Holdings Inc | Stock-Consumer Disc | 17.06% | -1.82% | -4.72% | |
| 2 | SPGI | S&p Global Inc | Stock-Financials | 12.34% | -0.41% | -10.69% | |
| 3 | OTIS | Otis Worldwide CORP | Stock-Industrials | 10.72% | -0.79% | -11.45% | |
| 4 | AZO | Autozone Inc | Stock-Consumer Disc | 10.02% | -0.06% | -7.19% | |
| 5 | ADP | Automatic Data Processing | Stock-Tech | 9.86% | +1.71% | -2.96% | |
| 6 | MA | Mastercard Inc - A | Stock-Financials | 9.58% | +1.95% | +7.98% | |
| 7 | MCO | Moody's CORP | Stock-Financials | 8.11% | +0.41% | -10.34% | |
| 8 | V | Visa Inc-class A Shares | Stock-Financials | 6.91% | +0.84% | -11.46% | |
| 9 | AJG | Arthur J Gallagher & Co | Stock-Financials | 5.84% | +1.07% | +1.99% | |
| 10 | ZTS | Zoetis Inc | Stock-Healthcare | 5.07% | -2.80% | -6.40% | |
| 11 | CRM | Salesforce Inc | Stock-Tech | 4.51% | -0.07% | +3.63% |
Portfolio Performance
Performance for Q3 2026
+13.2%
Performance Last 4 Quarters
-2.4%
- Stdev
- +14.4%
- Beta
- +0.49
- Alpha
- -3.8%
- Max Drawdown
- -15.3%
- Annualized Perf
- +5%
- Batting Avg vs S&P
- +36.1%
- Sortino
- +0.63
- Stutzer
- +0.12
- Treynor
- +0.12
- Sterling
- +0.26
- Calmar
- +0.33
- Information Ratio
- -0.97
- Tracking Error
- +14.6%
- Stdev Down
- +9.3%
- Winning Months %
- +55.6%
- Losing Months %
- +44.4%
- Best 12 Months
- +22%
- Worst 12 Months
- -13%
- Efficiency Ratio
- +0.13
- Sharpe
- +0.41
- Stdev Sectors
- +13.5%
- Skewness
- -0.16
- Kurtosis
- -0.55
- Upside Potential
- +2.47
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q2 | 11 | $2.6B | 16 | ||
| 2026 Q1 | 11 | $2.9B | 34 | ||
| 2025 Q4 | 12 | $3.0B | 15 | ||
| 2025 Q3 | 11 | $2.9B | 19 | ||
| 2025 Q2 | 11 | $3.1B | 0 | ||
| 2025 Q1 | 10 | $2.9B | 100 | ||
| 2024 Q4 | 11 | $3.3B | 0 | ||
| 2024 Q3 | 12 | $3.5B | 0 | ||
| 2024 Q2 | 13 | $3.3B | 0 | ||
| 2024 Q1 | 12 | $3.9B | 0 | ||
| 2023 Q4 | 12 | $4.0B | 0 | ||
| 2023 Q3 | 13 | $4.0B | 0 | ||
| 2023 Q2 | 13 | $4.3B | 0 | ||
| 2023 Q1 | 14 | $3.9B | 0 | ||
| 2022 Q4 | 13 | $3.5B | 0 | ||
| 2022 Q3 | 13 | $2.4B | 0 | ||
| 2022 Q2 | 13 | $2.8B | 0 | ||
| 2022 Q1 | 12 | $2.7B | 0 | ||
| 2021 Q4 | 12 | $2.8B | 0 | ||
| 2021 Q3 | 12 | $2.5B | 0 | ||
| 2021 Q2 | 11 | $2.5B | 100 | ||
| 2021 Q1 | 12 | $2.4B | 31 | ||
| 2020 Q4 | 11 | $2.0B | 36 | ||
| 2020 Q3 | 12 | $1.8B | 27 | ||
| 2020 Q2 | 12 | $1.8B | 36 | ||
| 2020 Q1 | 11 | $1.5B | 63 | ||
| 2019 Q4 | 11 | $1.4B | 19 | ||
| 2019 Q3 | 11 | $1.2B | 25 | ||
| 2019 Q2 | 10 | $973.2M | 32 | ||
| 2019 Q1 | 9 | $739.1M | 34 | ||
| 2018 Q4 | 9 | $616.8M | 38 | ||
| 2018 Q3 | 10 | $743.3M | 29 | ||
| 2018 Q2 | 12 | $850.2M | 14 | ||
| 2018 Q1 | 12 | $780.8M | 28 | ||
| 2017 Q4 | 12 | $803.6M | 13 | ||
| 2017 Q3 | 12 | $757.4M | 15 | ||
| 2017 Q2 | 12 | $682.1M | 36 | ||
| 2017 Q1 | 12 | $520.2M | 67 | ||
| 2016 Q4 | 13 | $297.2M | 95 | ||
| 2016 Q3 | 12 | $263.2M | 25 | ||
| 2016 Q2 | 11 | $234.4M | 30 | ||
| 2016 Q1 | 11 | $265.0M | 32 | ||
| 2015 Q4 | 13 | $240.6M | — |
💡
Data Source Notice: AlphaSMO is the web's most authoritative 13F / Inside Trader database. Institutional holdings and insider trades presented here are precisely computed to deliver accurate portfolio reporting.
Holding changes this quarter
Bls Capital Fondsmaeglerselskab A/s's most significant position changes for 2026-06-30: Trim: Zoetis Inc (ZTS) — shares -6.40%; Add: Mastercard Inc - A (MA) — shares +7.98%; Trim: Yum China Holdings Inc (YUMC) — shares -4.72%; Trim: Automatic Data Processing (ADP) — shares -2.96%; Add: Arthur J Gallagher & Co (AJG) — shares +1.99%.
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | MA | Mastercard Inc - A | +2% | +7.98% | Add |
| 2 | ADP | Automatic Data Processing | +1.7% | -2.96% | Trim |
| 3 | AJG | Arthur J Gallagher & Co | +1.1% | +1.99% | Add |
| 4 | V | Visa Inc-class A Shares | +0.8% | -11.46% | Trim |
| 5 | MCO | Moody's CORP | +0.4% | -10.34% | Trim |
| 6 | AZO | Autozone Inc | -0.1% | -7.19% | Trim |
| 7 | CRM | Salesforce Inc | -0.1% | +3.63% | Add |
| 8 | SPGI | S&p Global Inc | -0.4% | -10.69% | Trim |
| 9 | OTIS | Otis Worldwide CORP | -0.8% | -11.45% | Trim |
| 10 | YUMC | Yum China Holdings Inc | -1.8% | -4.72% | Trim |
| 11 | ZTS | Zoetis Inc | -2.8% | -6.40% | Trim |
Filing History
FAQ
What is Bls Capital Fondsmaeglerselskab A/s and what type of investor is it?
Bls Capital Fondsmaeglerselskab A/s is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-06-30), the firm manages a tracked equity portfolio valued at approximately $2.6B, spread across 11 disclosed positions.
What are Bls Capital Fondsmaeglerselskab A/s's largest equity positions?
Based on the latest 13F filing, Bls Capital Fondsmaeglerselskab A/s's top holdings by market value are:
1. Yum China Holdings Inc (YUMC) — $442.8M (17.1%)
2. S&p Global Inc (SPGI) — $320.3M (12.3%)
3. Otis Worldwide CORP (OTIS) — $278.2M (10.7%)
4. Autozone Inc (AZO) — $260.0M (10.0%)
5. Automatic Data Processing (ADP) — $256.1M (9.9%)
What changes did Bls Capital Fondsmaeglerselskab A/s make in its most recent portfolio filing?
In the latest reported quarter, Bls Capital Fondsmaeglerselskab A/s made 11 notable position adjustments: 0 new positions were initiated, 3 existing holdings were added to, 8 positions were partially reduced, and 0 were completely exited. The largest of these moves: Trim: Zoetis Inc (ZTS) — shares -6.40%; Add: Mastercard Inc - A (MA) — shares +7.98%; Trim: Yum China Holdings Inc (YUMC) — shares -4.72%; Trim: Automatic Data Processing (ADP) — shares -2.96%; Add: Arthur J Gallagher & Co (AJG) — shares +1.99%
What sectors does Bls Capital Fondsmaeglerselskab A/s focus on?
Bls Capital Fondsmaeglerselskab A/s is concentrated in the following sectors based on its current disclosed equity portfolio:
• Financials: 42.8%
• Consumer Discretionary: 27.1%
• Information Technology: 14.4%
• Industrials: 10.7%
• Health Care: 5.1%
Investment Profile
Bls Capital Fondsmaeglerselskab A/s returned an annualized 5.0% over the trailing 36 months — underperforming the S&P 500 by 3.8 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.49 (less volatile than the market) and a 36% quarterly batting average against the index.
Its portfolio is moderately concentrated and long-term-holding, with 42.8% of the portfolio concentrated in Financials.
Its turnover score has risen from 0 to 16 over the past 4 quarters — a shift toward more active trading.
It has added to its V position over the past two quarters (+$18.4M, now $179.3M), while trimming YUMC over the same stretch (-$147.5M, still holding $442.8M).
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Developer Access
Access Bls Capital Fondsmaeglerselskab A/s's institutional profile programmatically:
REST API
curl https://alphasmo.com/api/v1/institutions/bls-capital-fondsmaeglerselskab-a-sCLI
npx alphasmo institutions get bls-capital-fondsmaeglerselskab-a-s