FOLKETRYGDFONDET
•CIK: 1269094•Filing: Q4 2025
FOLKETRYGDFONDET, managed by the renowned investor Jens E. Hauge, maintains a concentrated portfolio with a significant 63.9% allocation to EQNR, reflecting a strong conviction in the energy sector. The fund recently cut RJF by 47% and added MTB-PK, which has surged by 160%, showcasing Hauge's active management and focus on high-conviction, high-growth opportunities.
Total AUM
$4.3B
QoQ Performance
+0.5%
Positions
11
Top 10 Concentration
99.9%
Latest Filing
Q4 2025
Top Holdings Allocation
EQNR
NVO
Cade
Fron
EQNR63.9%
NVO12.0%
Cadeler8.5%
Frontline6.1%
Hafnia4.0%
BW2.4%
NOK2.2%
CMBT0.6%
📈 Biggest Buys
—
Oculis Holding AG-ISIN CH1242303498
NEW
0.1% of portfolio
TRMD
TORM plc - ISIN GB00BZ3CNK81
+174.0%
0.1% of portfolio
—
Cadeler - ISIN DK0061412772
+0.2%
8.5% of portfolio
—
BW LPG - ISIN SGXZ69436764
+0.2%
2.4% of portfolio
📉 Biggest Sells
EQNR
Equinor ASA - COM ISIN NO0010096985
-1.1%
63.9% of portfolio
CMBT
CMB Tech - ISIN BE0003816338
-48.6%
0.6% of portfolio
NOK
Nokia Corp - COM ISIN FI0009000681
-15.7%
2.2% of portfolio
—
Frontline Ltd. - COM ISIN BMG3682E1921
-5.2%
6.1% of portfolio
NVO
Novo-Nordisk A S - COM ISIN DK0062498333
-0.5%
12.0% of portfolio
Sector Breakdown
Other100.0%
Changes from Q3 2025
NEW1 new position
↑3 increased
↓6 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023