SEC 13F Intelligence

Managers / Q4 2025 · view latest →

KLP KAPITALFORVALTNING AS

CIK 0001717443 · DRONNING EUFEMIAS GATE 10, OSLO, Q8, 0191 · 004722033500

Reported Value
$25.9B
Q4 2025
Positions
2,169
Filings on Record
6
2019–present window
Filed
Jan 28, 2026
original filing

Summary

Klp Kapitalforvaltning As reported $25.9B in U.S.-listed holdings across 2,169 positions for Q4 2025.

Its largest position, NVDA, represents 6.8% of the portfolio.

Compared with Q3 2025, the fund opened 70 new positions and exited 72.

Portfolio Metrics

Turnover
+4.7%
vs prior filed quarter
Top-10 Concentration
+34.0%
share of reported value
Largest Position
+6.8%
Nvidia
New / Exited
70 / 72
positions this quarter

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 ’24: $21.1BQ4 ’24Q1 ’25: $20.4BQ1 ’25Q2 ’25: $23.2BQ2 ’25Q3 ’25: $25.2BQ3 ’25Q4 ’25: $25.9BQ4 ’25Q1 ’26: $25.5BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 93.9%Other: 3.7%REIT: 2.0%ADR: 0.4%Tracking Stk: 0.0%Other: 0.0%
  • Common Stock · 93.9% · $24.3B
  • Other · 3.7% · $959M
  • REIT · 2.0% · $512M
  • ADR · 0.4% · $104M
  • Tracking Stk · 0.0% · $7M
  • Other · 0.0% · $262,760

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
Amrize LtdNEW+188.0K188.0K+$10M$10M
QQnity Electronics IncNEW+77.2K77.2K+$6M$6M
RKTRocket Cos IncNEW+319.7K319.7K+$6M$6M
CRWVCoreWeave IncNEW+66.8K66.8K+$5M$5M
Star Bulk Carriers CorpNEW+150.0K150.0K+$3M$3M
FLOCFlowco Holdings IncNEW+110.0K110.0K+$2M$2M
SOLSSolstice Advanced Materials IncNEW+34.3K34.3K+$2M$2M
BW LPG LtdNEW+100.0K100.0K+$1M$1M

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

Holdings — Q4 2025

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NVDANVIDIA Corphistory →COM6.85%$1.8B9.51M
2AAPLApple Inchistory →COM6.11%$1.6B5.82M
3MSFTMicrosoft Corphistory →COM5.31%$1.4B2.84M
4GOOGLAlphabet IncCAP STK CL A · CAP STK CL C5.15%$1.3B4.26M
5AMZNAmazon.com Inchistory →COM3.08%$797M3.45M
6AVGOBroadcom Inchistory →COM2.19%$567M1.64M
7METAMeta Platforms Inchistory →CL A1.99%$517M782.5K
8TSLATesla Inchistory →COM1.87%$485M1.08M
9JPMJPMorgan Chase & Cohistory →COM1.40%$362M1.12M
10LLYEli Lilly & Cohistory →COM1.28%$331M308.3K
11VVisa Inchistory →COM CL A1.01%$262M745.6K
12BRK/BBerkshire Hathaway Inchistory →CL B NEW0.99%$255M508.0K
13JNJJohnson & Johnsonhistory →COM0.85%$220M1.06M
14MAMastercard Inchistory →CL A0.83%$216M378.7K
15EXMOCExxon Mobil Corphistory →COM0.82%$212M1.76M
16WMTWalmart Inchistory →COM0.75%$194M1.74M
17ABBVAbbVie Inchistory →COM0.68%$177M774.1K
18NFLXNetflix Inchistory →COM0.65%$169M1.80M
19BACBank of America Corphistory →COM0.60%$155M2.81M
20PLTRPalantir Technologies Inchistory →CL A0.59%$153M862.0K
21PGProcter & Gamble Co/Thehistory →COM0.54%$140M973.9K
22CSCOCisco Systems Inchistory →COM0.53%$139M1.80M
23COSTCostco Wholesale Corphistory →COM0.53%$137M159.1K
24MRKMerck & Co Inchistory →COM0.52%$135M1.28M
25HDHome Depot Inc/Thehistory →COM0.52%$135M391.7K
26AMDAdvanced Micro Devices Inchistory →COM0.51%$133M620.7K
27KOCoca-Cola Co/Thehistory →COM0.49%$127M1.81M
28CHVChevron Corphistory →COM0.48%$124M814.1K
29ORCLOracle Corphistory →COM0.47%$122M624.5K
30WFCWells Fargo & Companyhistory →COM0.47%$121M1.30M
31IBMInternational Business Machines Corphistory →COM0.45%$118M397.7K
32GSGoldman Sachs Group Inc/Thehistory →COM0.45%$117M133.1K
33MUMicron Technology Inchistory →COM0.45%$116M406.6K
34UNHUnitedHealth Group Inchistory →COM0.44%$115M346.9K
35LRCXLam Research Corphistory →COM NEW0.42%$109M638.7K
36QCOMQUALCOMM Inchistory →COM0.40%$104M606.8K
37TRVCCitigroup Inchistory →COM NEW0.40%$103M884.2K
38CRMSalesforce Inchistory →COM0.40%$102M385.6K
39General Electric CompanyCOM NEW0.39%$100M323.9K
40GILDGilead Sciences Inchistory →COM0.37%$97M790.8K
41TAT&T Inchistory →COM0.37%$95M3.83M
42MCDMcDonald's Corphistory →COM0.37%$95M309.9K
43AMATApplied Materials Inchistory →COM0.35%$91M353.3K
44BACVerizon Communications Inchistory →COM0.35%$90M2.21M
45DWDMorgan Stanleyhistory →COM NEW0.34%$88M495.0K
46ABTAbbott Laboratorieshistory →COM0.33%$86M686.5K
47DISWalt Disney Co/Thehistory →COM0.33%$85M739.3K
48BMYBristol-Myers Squibb Cohistory →COM0.33%$84M1.56M
49KLACKLA Corphistory →COM NEW0.32%$84M69.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$25.5B2,154Apr 29, 202613F-HRchanges · EDGAR ↗
Q4 2025$25.9B2,169Jan 28, 202613F-HRchanges · EDGAR ↗
Q3 2025$25.2B2,171Oct 23, 202513F-HRchanges · EDGAR ↗
Q2 2025$23.2B2,188Jul 23, 202513F-HRchanges · EDGAR ↗
Q1 2025$20.4B2,252May 6, 202513F-HRchanges · EDGAR ↗
Q4 2024$21.1B2,288Feb 11, 202513F-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 ↗.