Institutional Manager · CIK 0001269094
FOLKETRYGDFONDET
Oslo, Q8 · File #028-16457
Latest AUM
$4.30B
Positions
11
Top-10 Concentration
99.9%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | Equinor ASA - COM ISIN NO0010096985 | STOHF | -1,206,934 | -$31.8M | +$205.6M |
| REDUCE | CMB Tech - ISIN BE0003816338 | CMBT | -2,671,519 | -$25.8M | +$1.4M |
| REDUCE | Nokia Corp - COM ISIN FI0009000681 | NOKBF | -2,727,911 | -$17.6M | +$28.9M |
| REDUCE | Frontline Ltd. - COM ISIN BMG3682E1921 | FRO | -657,433 | -$14.3M | -$12.3M |
| NEW | Oculis Holding AG-ISIN CH1242303498 | OCSAW | +182,800 | +$3.7M | $0 |
| ADD | TORM plc - ISIN GB00BZ3CNK81 | TRMD | +151,563 | +$3.0M | -$90,583 |
| REDUCE | Novo-Nordisk A S - COM ISIN DK0062498333 | NONOF | -47,776 | -$2.4M | -$47.1M |
| ADD | Cadeler - ISIN DK0061412772 | DK0061412 | +30,153 | +$560,544 | -$40.3M |
| REDUCE | Hafnia - ISIN BMG4233B1090 | HAFN | -70,412 | -$375,296 | -$21.2M |
| ADD | BW LPG - ISIN SGXZ69436764 | BWLP | +11,892 | +$155,785 | -$9.1M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202511 pos · $4.30B
- 13F HOLDINGS REPORTQ/E Sep 202510 pos · $4.28B
- 13F HOLDINGS REPORTQ/E Jun 202510 pos · $4.49B
- 13F HOLDINGS REPORTQ/E Mar 202510 pos · $4.49B
- 13F HOLDINGS REPORTQ/E Dec 202411 pos · $4.45B
- 13F HOLDINGS REPORTQ/E Sep 202412 pos · $5.09B
- 13F HOLDINGS REPORTQ/E Jun 202413 pos · $5.66B
- 13F HOLDINGS REPORTQ/E Mar 202411 pos · $4.61B
- 13F HOLDINGS REPORTQ/E Dec 202310 pos · $4.83B
Top 11 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | Equinor ASA - COM ISIN NO0010096985 | STOHF | 104,239,574 | $2.74B | 63.88% |
| 2 | Novo-Nordisk A S - COM ISIN DK0062498333 | NONOF | 10,164,137 | $517.2M | 12.04% |
| 3 | Cadeler - ISIN DK0061412772 | DK0061412 | 19,603,430 | $364.4M | 8.48% |
| 4 | Frontline Ltd. - COM ISIN BMG3682E1921 | FRO | 12,053,141 | $263.0M | 6.12% |
| 5 | Hafnia - ISIN BMG4233B1090 | HAFN | 31,998,390 | $170.6M | 3.97% |
| 6 | BW LPG - ISIN SGXZ69436764 | BWLP | 7,731,233 | $101.3M | 2.36% |
| 7 | Nokia Corp - COM ISIN FI0009000681 | NOKBF | 14,652,619 | $94.8M | 2.21% |
| 8 | CMB Tech - ISIN BE0003816338 | CMBT | 2,829,165 | $27.3M | 0.64% |
| 9 | Genmab A S - COM ISIN DK0010272202 | GNMSF | 174,805 | $5.4M | 0.13% |
| 10 | TORM plc - ISIN GB00BZ3CNK81 | TRMD | 238,662 | $4.7M | 0.11% |
| 11 | Oculis Holding AG-ISIN CH1242303498 | OCSAW | 182,800 | $3.7M | 0.08% |