Quanta Services

Danica Pension Cuts Stakes Across Tech Utilities Financials

Danica Pension Livsforsikringsaktieselskab trimmed its holdings across several major U.S. companies in the first quarter, including MongoDB (-32.5%), Quanta Services (-36.9%), NextEra Energy (-40.3%), Block (-59.8%), and U.S. Bancorp (-77.5%), signaling a broad portfolio rotation. The moves accompanied other investors’ activity, illustrating ongoing repositioning across technology, energy, utilities, finance, and infrastructure stocks.