Folketrygdfondet
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 15, 2024), Folketrygdfondet reported 11 stock positions worth $4.6 billion. Its top holding was Equinor ASA-Spon ADR (EQNR) at 61.7% of the portfolio, followed by Novo-Nordisk A/S-Spons ADR (NVO, 24.4%) and Frontline (5.2%). Compared with Q4 2023, it opened 1 new position, added to 1 and reduced 6. The biggest buy was Novo-Nordisk A/S-Spons ADR (NVO, shares +1%) and the biggest sale Equinor ASA-Spon ADR (EQNR, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- OSLO, Q8
- CIK
- 0001269094
- Portfolio Value
- $4.6B (Q1 2024)
- SEC Filing
- 0001104659-24-047116 ↗ filed Apr 15, 2024
Holdings Value
Holdings 11 stocks · $4.6B
| EQNR Equinor ASA-Spon ADR | 61.67% | 105,146,918 | $2.8B | Reduce -2.6% |
| NVO Novo-Nordisk A/S-Spons ADR | 24.39% | 8,756,034 | $1.1B | Add +1.4% |
| FRONTLINE LTD | 5.20% | 10,243,267 | $239.5M | Reduce -3.7% |
| GOLDEN OCEAN GROUP LTD | 2.64% | 9,384,512 | $121.6M | Reduce -0.2% |
| BORR Borr Drilling Ltd. | 1.87% | 12,591,614 | $86.3M | Reduce -0.2% |
| Ericsson - COM ISIN SE0000108656 | 1.33% | 11,148,510 | $61.4M | Reduce -12.1% |
| NOK Nokia Corp.-Spon ADR | 0.95% | 12,357,983 | $43.7M | Reduce -34.9% |
| SDRL Seadrill Limited | 0.69% | 635,389 | $32.0M | New |
| AstraZeneca - ISIN GB0009895292 | 0.60% | 408,303 | $27.7M | No change |
| FLNG Flex LNG Ltd. | 0.55% | 990,049 | $25.2M | No change |
| GMAB Genmab A/S -SP ADR | 0.11% | 170,385 | $5.1M | No change |
Portfolio Sells Q4 2023 → Q1 2024
| EQNR Equinor ASA-Spon ADR | Reduce -2.6% | 61.67% | −7.86 |
| NOK Nokia Corp.-Spon ADR | Reduce -34.9% | 0.95% | −0.37 |
| Ericsson - COM ISIN SE0000108656 | Reduce -12.1% | 1.33% | −0.29 |
| BORR Borr Drilling Ltd. | Reduce -0.2% | 1.87% | −0.02 |
| GOLDEN OCEAN GROUP LTD | Reduce -0.2% | 2.64% | +0.77 |
| FRONTLINE LTD | Reduce -3.7% | 5.20% | +0.86 |
Portfolio Buys Q4 2023 → Q1 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 11 | $4.6B | EQNR, NVO, Cadeler - ISIN DK0061412772, FRONTLINE LTD, Hafnia - ISIN BMG4233B1090 |
| Q1 2026 | 11 | $5.6B | EQNR, Cadeler - ISIN DK0061412772, FRONTLINE LTD, NVO, Hafnia - ISIN BMG4233B1090 |
| Q4 2025 | 11 | $4.3B | EQNR, NVO, Cadeler - ISIN DK0061412772, FRONTLINE LTD, Hafnia - ISIN BMG4233B1090 |
| Q3 2025 | 10 | $4.3B | EQNR, NVO, Cadeler - ISIN DK0061412772, FRONTLINE LTD, Hafnia - ISIN BMG4233B1090 |
| Q2 2025 | 10 | $4.5B | EQNR, NVO, Cadeler - ISIN DK0061412772, FRONTLINE LTD, Hafnia - ISIN BMG4233B1090 |
| Q1 2025 | 10 | $4.5B | EQNR, NVO, Cadeler - ISIN DK0061412772, FRONTLINE LTD, Hafnia - ISIN BMG4233B1090 |
| Q4 2024 | 11 | $4.5B | EQNR, NVO, Cadeler - ISIN DK0061412772, FRONTLINE LTD, Hafnia - ISIN BMG4233B1090 |
| Q3 2024 | 12 | $5.1B | EQNR, NVO, Cadeler - ISIN DK0061412772, FRONTLINE LTD, Hafnia - ISIN BMG4233B1090 |
| Q2 2024 | 13 | $5.7B | EQNR, NVO, FRONTLINE LTD, Hafnia - ISIN BMG4233B1090, Cadeler - ISIN DK0061412772 |
| Q1 2024 | 11 | $4.6B | EQNR, NVO, FRONTLINE LTD, GOLDEN OCEAN GROUP LTD, BORR |