SEC 13F Intelligence

Managers / Q1 2024 · view latest →

FOLKETRYGDFONDET

CIK 0001269094 · HAAKON VIIS GATE 2, P.O. BOX 1845 VIKA, OSLO, 0123 · 47-23-11-72-00

Reported Value
$4.6B
Q1 2024
Positions
11
Filings on Record
30
2019–present window
Filed
Apr 15, 2024
original filing

Summary

Folketrygdfondet reported $4.6B in U.S.-listed holdings across 11 positions for Q1 2024.

The portfolio is heavily concentrated: EQNR alone accounts for 61.7% of reported value.

Compared with Q4 2023, the fund opened 1 new position and exited 0.

Portfolio Metrics

Turnover
+6.7%
vs prior filed quarter
Top-10 Concentration
+99.9%
share of reported value
Largest Position
+61.7%
Equinor Asa Com Isin No0010096985

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $3.0BQ4 ’18Q1 ’19: $3.1BQ2 ’19: $2.9BQ3 ’19: $2.9BQ4 ’19: $3.1BQ4 ’19Q1 ’20: $2.1BQ2 ’20: $2.5BQ3 ’20: $2.4BQ4 ’20: $2.7BQ4 ’20Q1 ’21: $2.9BQ2 ’21: $3.4BQ3 ’21: $4.0BQ4 ’21: $4.1BQ4 ’21Q1 ’22: $170.5BQ2 ’22: $4.8BQ3 ’22: $4.5BQ4 ’22: $4.7BQ4 ’22Q1 ’23: $4.2BQ2 ’23: $4.4BQ3 ’23: $4.8BQ4 ’23: $4.9BQ4 ’23Q1 ’24: $4.6BQ2 ’24: $5.7BQ3 ’24: $5.1BQ4 ’24: $4.5BQ4 ’24Q1 ’25: $4.5BQ2 ’25: $4.5BQ3 ’25: $4.3BQ4 ’25: $4.3BQ4 ’25Q1 ’26: $5.6Bfilingsflow.com

Portfolio Composition

By security type
ADR: 87.1%Other: 12.9%
  • ADR · 87.1% · $4.0B
  • Other · 12.9% · $594M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
Seadrill 2021 LTD - ISIN BMG7997W1029NEW+635.4K635.4K+$32M$32M
NOKNokia Corp - COM ISIN FI0009000681TRIMMED−6.62M12.36M−$21M$44M
Ericsson - COM ISIN SE0000108656TRIMMED−1.53M11.15M−$18M$61M
Frontline Ltd. - COM ISIN BMG3682E1921HELD−390.4K10.24M+$26M$239M
EQNREquinor ASA - COM ISIN NO0010096985HELD−2.81M105.15M−$574M$2.8B
NVONovo-Nordisk A S - COM ISIN DK0060534915HELD+124.8K8.76M+$231M$1.1B
Golden Ocean Group Ltd. - COM ISIN BMG396372051HELD−17.8K9.38M+$30M$122M
Borr Drilling - ISIN BMG1466R1732HELD−24.4K12.59M−$7M$86M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2024

11 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1EQNREquinor ASA - COM ISIN NO0010096985history →Sponsored ADR61.67%$2.8B105.15M
2NVONovo-Nordisk A S - COM ISIN DK0060534915history →ADR24.39%$1.1B8.76M
3Frontline Ltd. - COM ISIN BMG3682E1921Shares5.20%$239M10.24M
4Golden Ocean Group Ltd. - COM ISIN BMG396372051Shares2.64%$122M9.38M
5Borr Drilling - ISIN BMG1466R1732Shares1.87%$86M12.59M
6Ericsson - COM ISIN SE0000108656ADR B SEK 101.33%$61M11.15M
7NOKNokia Corp - COM ISIN FI0009000681history →Sponsored ADR0.95%$44M12.36M
8Seadrill 2021 LTD - ISIN BMG7997W1029Shares0.69%$32M635.4K
9AstraZeneca - ISIN GB0009895292ADR0.60%$28M408.3K
10Flex LNG Ltd - COM ISIN BMG359472021Shares0.55%$25M990.0K
11GMABGenmab A S - COM ISIN DK0010272202Sponsored ADS0.11%$5M170.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$5.6B11May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$4.3B11Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$4.3B10Nov 3, 202513F-HRchanges · EDGAR ↗
Q2 2025$4.5B10Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$4.5B10May 2, 202513F-HRchanges · EDGAR ↗
Q4 2024$4.5B11Feb 7, 202513F-HRchanges · EDGAR ↗
Q3 2024$5.1B12Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$5.7B13Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$4.6B11Apr 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$4.9B10Feb 8, 202413F-HRchanges · EDGAR ↗
Q3 2023$4.8B10Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$4.4B10Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$4.2B10Apr 20, 202313F-HRchanges · EDGAR ↗
Q4 2022$4.7B10Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$4.5B10Oct 28, 202213F-HRchanges · EDGAR ↗
Q2 2022$4.8B10Aug 8, 202213F-HRchanges · EDGAR ↗
Q1 2022$170.5B10May 6, 202213F-HRchanges · EDGAR ↗
Q4 2021$4.1B10Feb 1, 202213F-HRchanges · EDGAR ↗
Q3 2021$4.0B10Oct 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$3.4B9Aug 4, 202113F-HRchanges · EDGAR ↗
Q1 2021$2.9B9May 4, 202113F-HRchanges · EDGAR ↗
Q4 2020$2.7B9Jan 29, 202113F-HRchanges · EDGAR ↗
Q3 2020$2.4B10Oct 15, 202013F-HRchanges · EDGAR ↗
Q2 2020$2.5B9Aug 7, 202013F-HRchanges · EDGAR ↗
Q1 2020$2.1B10May 13, 202013F-HRchanges · EDGAR ↗
Q4 2019$3.1B10Feb 11, 202013F-HRchanges · EDGAR ↗
Q3 2019$2.9B10Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019$2.9B8Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$3.1B8May 9, 201913F-HRchanges · EDGAR ↗
Q4 2018$3.0B9Feb 13, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.