AP3’s portfolio
AP3’s core mission is to create value in the Swedish pension system. By assuming responsibility and influencing the companies that we invest in, we make sure to generate the best possible returns for current and future pensioners.
Our asset classes and securities holdings
Market value per asset category
Listed equities
Fixed income investments and currencies
Alternative investments
Asset class Alternative investments consists of:
Real estate
Infrastructure
Private equity funds
Timberland
Asset exposure in percentage as of June 30 2025.
Exposure in percentage as per 30 June 2025
Grouped byListed equities, 52%
Grouped byFixed income investments, 23%
Grouped byAlternative investments, 27%
Return and contribution per asset class
AP3’s portfolio by asset class, return and contribution. (Currencies include currency hedges and exchange rate effects. Only the contribution to total portfolio return is shown for currencies and other strategies.)
As of June 30, 2025.
Read more
The fixed income and FX team at AP3 manages the Fund’s fixed income investments, which are subdivided into government, inflation-linked and corporate securities.
Five-year summary
AP3 has been investing in different types of insurance-, climate- and weather-related securities since 2008. Holdings include catastrophe bonds, which are traded outside the traditional financial markets. Returns on these instruments have a low correlation with other investments, which means they help to diversify the portfolio.