FOLKETRYGDFONDET
CIK
1269094
Location
Oslo, Q8
Portfolio Value
Mid
$4,444,868,606
Diversification
Highly concentrated
Filing Date
Global Rank
#725
/ 8,603
▲ 194
· as of Mar 2026
Top Industry
Oil & Gas Integrated
88.8%
3Y Alpha vs SPY
-14.0%
Period ended 3 months ago
Filed May 13, 2026 · 57d
25 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+27.6%
SPY
+76.5%
Annualised alpha
-12.4%
Max drawdown
−29.7%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
7 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
88.8%
+9.7 pts
Top 5
99.7%
−0.0 pts
Top 10
100.0%
0.0 pts
HHI
7,946
Highly concentrated+1,412
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Energy | 89.8% | $3,989,986,895 |
| Healthcare | 7.8% | $346,530,668 |
| Technology | 2.4% | $108,351,043 |
Last Quarter's Activity
Export CSVTrimmed
Positions the filer reduced
5 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| EQNR | Equinor ASA | −10,723,337 | 93,516,237 | $3,946,385,201 | |
| NOK | Nokia Corp | −1,176,121 | 13,476,498 | $108,351,043 | |
| NVO | Novo Nordisk A S | −1,083,317 | 9,080,820 | $333,720,135 | |
| GMAB | Genmab A/S | −14,032 | 160,773 | $4,313,539 | |
| CMBT | Cmb.Tech NV | −12,225 | 2,816,940 | $35,634,291 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarterNo qualifying positions this quarter.
Sold Out
Positions the filer fully exitedNo qualifying positions this quarter.
7 positions ·
$4,444,868,606 total
· as of Mar 31, 2026
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| EQNR |
Equinor ASA
Energy
|
Reduced | 93,516,237 | $3,946,385,201 | 88.79% | |
| NVO |
Novo Nordisk A S
Healthcare
|
Reduced | 9,080,820 | $333,720,135 | 7.51% | |
| NOK |
Nokia Corp
Technology
|
Reduced | 13,476,498 | $108,351,043 | 2.44% | |
| CMBT |
Cmb.Tech NV
Energy
|
Reduced | 2,816,940 | $35,634,291 | 0.80% | |
| OCS |
Oculis Holding AG
Healthcare
|
Added | 319,556 | $8,496,994 | 0.19% | |
| TRMD |
TORM plc
Energy
|
Added | 285,570 | $7,967,403 | 0.18% | |
| GMAB |
Genmab A/S
Healthcare
|
Reduced | 160,773 | $4,313,539 | 0.10% |