KLP KAPITALFORVALTNING AS

CIK

1717443

Location

OSLO, Q8

Portfolio Value

Large $24,391,119,625

Diversification

Diversified

Filing Date

Global Rank

#240 / 8,603 ▲ 2 · as of Mar 2026

Top Industry

Semiconductors 12.1%

3Y Alpha vs SPY

-2.8%

Period ended 3 months ago

Filed Apr 29, 2026 · 2mo

6 quarters · since Dec 2024

Clone Performance

Feb 2025–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+20.5%

SPY

+24.4%

Annualised alpha

-2.6%

Max drawdown

−19.2%

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

2,124 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

7.0%

−0.1 pts

Top 5

23.8%

−1.5 pts

Top 10

32.2%

−2.2 pts

HHI

161

Diversified−16

Portfolio Trend

6 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	33.2%	$8,095,864,498	330
Financial Services	13.5%	$3,297,634,319	355
Healthcare	11.0%	$2,673,546,435	340
Consumer Cyclical	10.1%	$2,458,604,416	238
Industrials	8.8%	$2,150,023,004	314
Communication Services	8.5%	$2,067,092,930	86
Consumer Defensive	5.3%	$1,295,863,387	90
Energy	3.1%	$747,190,924	94
Real Estate	2.4%	$574,374,938	152
Basic Materials	2.3%	$550,884,263	89
Utilities	1.9%	$467,087,119	33
Unclassified	0.1%	$12,953,392	3

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
PCG	PG&E Corp	+609,100	2,174,900	$38,212,993
AAPL	Apple Inc.	+343,900	6,161,104	$1,563,626,584
CMCSA	Comcast Corp	+340,500	2,312,406	$66,389,176
WIT	Wipro Ltd	+302,600	627,800	$1,330,936
NVDA	Nvidia Corp	+295,200	9,805,060	$1,710,002,464
DVN	Devon Energy Corp/De	+267,400	412,500	$20,757,000
CDE	Coeur Mining, Inc.	+240,520	383,800	$7,203,926
PINS	Pinterest, Inc.	+227,300	1,065,800	$19,546,772
KO	Coca Cola Co	+219,600	2,029,245	$154,324,082
CTRA	Coterra Energy Inc.	+187,800	366,800	$12,889,352
HBAN	Huntington Bancshares Inc /Md/	+179,900	747,500	$11,698,375
AMZN	Amazon Com Inc	+131,300	3,583,600	$746,356,372
HDB	Hdfc Bank Ltd	+108,300	672,700	$16,736,776
FITB	Fifth Third Bancorp	+98,800	338,237	$15,714,491
ADM	Archer-Daniels-Midland Co	+97,800	470,038	$34,167,062
PG	PROCTER & GAMBLE Co	+91,800	1,065,729	$153,933,896
VTOL	Bristow Group Inc.	+90,000	91,600	$4,295,124
DOW	Dow Inc.	+86,600	338,476	$14,097,525
MNST	Monster Beverage Corp	+85,100	502,794	$36,432,453
MSFT	Microsoft Corp	+84,360	2,928,568	$1,084,068,016
LULU	lululemon athletica inc.	+80,800	121,500	$18,601,650
INTC	Intel Corp	+69,100	1,700,808	$75,056,657
NU	Nu Holdings Ltd.	+68,800	832,100	$11,957,277
GOOGL	Alphabet Inc.	+66,900	2,448,060	$703,964,133
PANW	Palo Alto Networks Inc	+65,974	356,116	$57,092,517
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
EXC	Exelon Corp	−349,400	630,744	$30,919,070
ED	Consolidated Edison Inc	−158,700	322,665	$36,519,224
AM	Antero Midstream Corp	−137,100	104,300	$2,378,040
WTRG	Essential Utilities, Inc.	−133,400	62,300	$2,508,821
CSCO	Cisco Systems, Inc.	−113,800	1,684,615	$130,709,277
PRGS	Progress Software Corp /Ma	−110,300	19,700	$505,305
BAH	Booz Allen Hamilton Holding Corp	−102,600	33,500	$2,614,005
PFE	Pfizer Inc	−90,200	2,983,732	$83,783,194
EBAY	Ebay Inc	−86,000	322,446	$29,349,034
BXP	BXP, Inc.	−83,172	33,100	$1,717,890
KR	Kroger Co	−80,700	413,625	$29,929,905
NTNX	Nutanix, Inc.	−79,200	76,800	$2,919,168
MRK	Merck & Co., Inc.	−78,400	1,196,870	$143,971,492
EOG	Eog Resources Inc	−76,800	314,003	$45,395,413
GILD	Gilead Sciences, Inc.	−72,400	718,408	$100,124,522
BAX	Baxter International Inc	−70,176	113,100	$1,900,080
SDRL	SEADRILL Ltd	−69,200	13,000	$591,500
VZ	Verizon Communications Inc	−68,900	2,142,324	$107,544,664
FUBO	FuboTV Inc.	−67,192	6,108	$57,781
EE	Excelerate Energy, Inc.	−64,400	5,800	$193,836
CCK	Crown Holdings, Inc.	−59,100	29,600	$2,967,400
LRCX	Lam Research Corp	−56,400	582,280	$124,409,944
NFLX	Netflix Inc	−54,180	1,744,350	$167,719,252
ITW	Illinois Tool Works Inc	−51,960	141,585	$36,853,159
BKR	Baker Hughes Co	−50,000	363,518	$22,192,773
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
IREN	IREN Ltd	142,200	$4,874,616
PNFP	Pinnacle Financial Partners, Inc.	51,401	$4,427,682
HAFN	Hafnia Ltd	250,000	$1,900,000
VSNT	Versant Media Group, Inc.	32,000	$1,184,640
AXTI	Axt Inc	11,600	$660,968
TERN	Terns Pharmaceuticals, Inc.	12,500	$659,000
RHLD	Resolute Holdings Management, Inc.	4,000	$649,200
ERAS	Erasca, Inc.	37,500	$606,750
LGN	Legence Corp.	8,900	$502,494
HYMC	Hycroft Mining Holding Corp	10,600	$373,120
LLYVA	Liberty Live Holdings, Inc.	3,800	$348,232
CAPR	Capricor Therapeutics, Inc.	10,800	$328,320
ALMS	Alumis Inc.	14,200	$312,826
URGN	UroGen Pharma Ltd.	14,300	$257,114
DEC	Diversified Energy Co	14,600	$254,624
KOD	Kodiak Sciences Inc.	6,400	$243,968
ALH	Alliance Laundry Holdings Inc.	10,900	$226,066
EYPT	EyePoint, Inc.	16,400	$211,396
WBI	WaterBridge Infrastructure LLC	7,600	$203,604
FLY	Firefly Aerospace Inc.	7,000	$199,290
BBW	Build-A-Bear Workshop Inc	5,000	$187,250
BFLY	Butterfly Network, Inc.	44,700	$180,588
CTMX	CytomX Therapeutics, Inc.	35,500	$166,850
MBX	MBX Biosciences, Inc.	4,900	$146,265
ANNX	Annexon, Inc.	26,300	$145,702
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
HOLX	HOLOGIC INC	82,422	$6,139,614
EXAS	EXACT SCIENCES CORP	41,400	$4,204,584
TGNA	TEGNA INC	95,200	$1,847,832
AL	SUMISHO AIR LEASE CORP	22,800	$1,464,444
BWLP	BW LPG Ltd	100,000	$1,310,000
SEE	SEALED AIR CORP/DE	31,400	$1,300,902
FOLD	AMICUS THERAPEUTICS, INC.	59,200	$843,008
QFIN	Qfin Holdings, Inc.	23,500	$452,845
MSBI	Midland States Bancorp, Inc.	17,300	$366,241
FIG	Figma, Inc.	9,484	$354,417
ELME	Elme Communities	18,700	$325,380
MBC	MasterBrand, Inc.	28,500	$314,640
OS	OneStream, Inc.	16,900	$310,622
EBF	Ennis, Inc.	12,200	$219,722
SABR	Sabre Corp	160,400	$218,144
HTBK	HERITAGE COMMERCE CORP	12,500	$150,125
DAWN	Day One Biopharmaceuticals, Inc.	15,400	$143,528
AQST	Aquestive Therapeutics, Inc.	21,900	$141,474
INN	Summit Hotel Properties, Inc.	23,300	$113,471
CABO	Cable One, Inc.	1,000	$112,850
SEMR	SEMrush Holdings, Inc.	9,400	$111,766
ASIX	AdvanSix Inc.	5,700	$98,610
WEAV	Weave Communications, Inc.	12,400	$94,116
AKBA	Akebia Therapeutics, Inc.	54,800	$88,228
EVH	Evolent Health, Inc.	20,700	$82,800
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

2,124 positions · $24,391,119,625 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 2,124 positions by value · page 1 of 43

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Added	9,805,060	+295,200	$1,710,002,464	−3.6%	7.01%
AAPL	Apple Inc. Technology	Added	6,161,104	+343,900	$1,563,626,584	−1.1%	6.41%
MSFT	Microsoft Corp Technology	Added	2,928,568	+84,360	$1,084,068,016	−21.2%	4.44%
AMZN	Amazon Com Inc Consumer Cyclical	Added	3,583,600	+131,300	$746,356,372	−6.3%	3.06%
GOOGL	Alphabet Inc. Communication Services	Added	2,448,060	+66,900	$703,964,133	−5.5%	2.89%
AVGO	Broadcom Inc. Technology	Added	1,698,760	+61,240	$525,783,207	−7.2%	2.16%
META	Meta Platforms, Inc. Communication Services	Added	810,350	+27,840	$463,625,545	−10.2%	1.90%
TSLA	Tesla, Inc. Consumer Cyclical	Added	1,120,810	+42,000	$416,661,117	−14.1%	1.71%
JPM	Jpmorgan Chase & Co Financial Services	Added	1,144,192	+20,840	$336,575,518	−7.0%	1.38%
LLY	ELI LILLY & Co Healthcare	Added	317,879	+9,600	$292,375,567	−11.7%	1.20%
JNJ	Johnson & Johnson Healthcare	Added	1,089,714	+26,900	$266,369,690	+21.1%	1.09%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	524,853	+16,880	$251,509,557	−1.5%	1.03%
V	Visa Inc. Financial Services	Added	763,762	+18,120	$230,839,426	−11.7%	0.95%
WMT	Walmart Inc. Consumer Defensive	Added	1,773,700	+38,200	$220,435,436	+14.0%	0.90%
MA	Mastercard Inc Financial Services	Added	390,794	+12,080	$195,264,130	−9.7%	0.80%
ABBV	AbbVie Inc. Healthcare	Added	798,372	+24,300	$173,637,926	−1.8%	0.71%
CVX	Chevron Corp Energy	Added	825,197	+11,100	$170,733,259	+37.6%	0.70%
NFLX	Netflix Inc Communication Services	Reduced	1,744,350	-54,180	$167,719,252	−0.5%	0.69%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	164,740	+5,680	$164,151,878	+19.7%	0.67%
KO	Coca Cola Co Consumer Defensive	Added	2,029,245	+219,600	$154,324,082	+22.0%	0.63%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	1,065,729	+91,800	$153,933,896	+10.3%	0.63%
MRK	Merck & Co., Inc. Healthcare	Reduced	1,196,870	-78,400	$143,971,492	+7.3%	0.59%
MU	Micron Technology Inc Technology	Added	423,005	+16,400	$142,908,009	+23.1%	0.59%
BAC	Bank Of America Corp /De/ Financial Services	Added	2,839,341	+24,500	$138,417,873	−10.6%	0.57%
AMD	Advanced Micro Devices Inc Technology	Added	653,847	+33,100	$133,012,095	+0.1%	0.55%
CSCO	Cisco Systems, Inc. Technology	Reduced	1,684,615	-113,800	$130,709,277	−5.6%	0.54%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	389,362	-2,380	$128,057,268	−5.0%	0.53%
PLTR	Palantir Technologies Inc. Technology	Reduced	854,500	-7,500	$124,996,260	−18.4%	0.51%
AMAT	Applied Materials Inc /De Technology	Added	364,141	+10,800	$124,459,752	+37.1%	0.51%
LRCX	Lam Research Corp Technology	Reduced	582,280	-56,400	$124,409,944	+13.8%	0.51%
GS	Goldman Sachs Group Inc Financial Services	Added	135,343	+2,280	$114,498,824	−2.1%	0.47%
T	At&T Inc. Communication Services	Added	3,890,764	+61,200	$112,793,248	+18.6%	0.46%
VZ	Verizon Communications Inc Communication Services	Reduced	2,142,324	-68,900	$107,544,664	+19.4%	0.44%
WFC	Wells Fargo & Company/Mn Financial Services	Added	1,321,375	+19,300	$105,194,663	−13.3%	0.43%
C	Citigroup Inc Financial Services	Added	898,541	+14,300	$101,903,534	−1.2%	0.42%
MCD	Mcdonalds Corp Consumer Cyclical	Added	327,136	+17,200	$101,670,597	+7.3%	0.42%
GILD	Gilead Sciences, Inc. Healthcare	Reduced	718,408	-72,400	$100,124,522	+3.2%	0.41%
IBM	International Business Machines Corp Technology	Added	410,430	+12,760	$99,484,127	−15.5%	0.41%
BMY	Bristol Myers Squibb Co Healthcare	Added	1,591,658	+28,500	$96,534,057	+14.5%	0.40%
UNH	Unitedhealth Group Inc Healthcare	Added	356,455	+9,600	$96,453,158	−15.8%	0.40%
ORCL	Oracle Corp Technology	Added	649,342	+24,880	$95,524,701	−21.5%	0.39%
GEV	GE Vernova Inc. Industrials	Added	109,050	+2,840	$95,189,745	+37.1%	0.39%
GE	General Electric Co Industrials	Added	328,533	+4,640	$93,227,809	−6.6%	0.38%
NEE	Nextera Energy Inc Utilities	Added	995,812	+42,800	$92,491,018	+20.9%	0.38%
PEP	Pepsico Inc Consumer Defensive	Added	590,796	+42,200	$91,744,710	+16.5%	0.38%
DE	Deere & Co Industrials	Added	162,189	+1,640	$91,361,063	+22.2%	0.37%
LIN	Linde PLC Basic Materials	Reduced	175,654	-2,480	$87,082,227	+14.7%	0.36%
PFE	Pfizer Inc Healthcare	Reduced	2,983,732	-90,200	$83,783,194	+9.5%	0.34%
MS	Morgan Stanley Financial Services	Added	501,089	+6,100	$82,464,216	−6.2%	0.34%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Added	514,400	+63,000	$82,149,680	+18.5%	0.34%