Vault-13

FOLKETRYGDFONDET

OSLO, Q8 · CIK 1269094 · 13F filing filed 2026-08-13

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

$4.6bn reported value -17.7% vs Q1 2026
11positions
100.0%in top 10
1 new 5 added 3 reduced 1 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#SecurityTickerShares Value% of portfolioChangeShares change
1 EQUINOR ASA SPONSORED ADR EQNR EQNR 91,020,939 $2.9bn61.66% 61.66% ReducedShares held: Q3 2025 105.4m, Q4 2025 104.2m, Q1 2026 93.5m, Q2 2026 91.0m -2.5m -2,495,298 -2.7%
2 NOVO-NORDISK A S ADR NVO NVO 9,522,383 $456.5m9.85% 9.85% AddedShares held: Q3 2025 10.2m, Q4 2025 10.2m, Q1 2026 9.1m, Q2 2026 9.5m +441.6k +441,563 4.9%
3 Cadeler - ISIN DK0061412772 SPONSORED ADR SPONSORED ADR 18,473,595 $404.8m8.73% 8.73% AddedShares held: Q3 2025 19.6m, Q4 2025 19.6m, Q1 2026 18.5m, Q2 2026 18.5m +2.6k +2,631 0.0%
4 FRONTLINE LTD SHS NEW SHS NEW 10,082,471 $350.8m7.57% 7.57% ReducedShares held: Q3 2025 12.7m, Q4 2025 12.1m, Q1 2026 10.7m, Q2 2026 10.1m -649.9k -649,900 -6.1%
5 Hafnia - ISIN BMG4233B1090 SHARES SHARES 29,245,653 $194.2m4.19% 4.19% AddedShares held: Q3 2025 32.1m, Q4 2025 32.0m, Q1 2026 28.6m, Q2 2026 29.2m +617.0k +616,974 2.2%
6 BW LPG - ISIN SGXZ69436764 SHARES SHARES 9,510,737 $165.8m3.58% 3.58% AddedShares held: Q3 2025 7.7m, Q4 2025 7.7m, Q1 2026 9.5m, Q2 2026 9.5m +27.0k +27,046 0.3%
7 NOKIA CORP SPONSORED ADR NOK NOK 11,477,781 $152.4m3.29% 3.29% ReducedShares held: Q3 2025 17.4m, Q4 2025 14.7m, Q1 2026 13.5m, Q2 2026 11.5m -2.0m -1,998,717 -14.8%
8 EURONAV NV SHS CMBT CMBT 2,816,940 $39.4m0.85% 0.85% UnchangedShares held: Q3 2025 5.5m, Q4 2025 2.8m, Q1 2026 2.8m, Q2 2026 2.8m
9 TORM PLC SHS CL A TRMD TRMD 285,570 $7.4m0.16% 0.16% UnchangedShares held: Q3 2025 87.1k, Q4 2025 238.7k, Q1 2026 285.6k, Q2 2026 285.6k
10 GENMAB A/S SPONSORED ADS GMAB GMAB 165,082 $4.5m0.10% 0.10% AddedShares held: Q3 2025 174.8k, Q4 2025 174.8k, Q1 2026 160.8k, Q2 2026 165.1k +4.3k +4,309 2.7%
11 OKEANIS ECO TANKERS COR SHS ECO ECO 32,274 $1.6m0.03% 0.03% NewShares held: Q3 2025 0, Q4 2025 0, Q1 2026 0, Q2 2026 32.3k

Sold out since Q1 2026

SecurityTickerShares held beforeValue then
OCULIS HOLDING AG OCS OCS 319,556 $8.5m319.6k shares

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

CompanyTickerStakeChange ScheduleLast filed
BW LPG LTD BWLP · 13G · filed 2026-05-13 BWLP 6.3%≈ $165.3m +1.5 pts 13G 2026-05-13
CADELER A S CDLR · 13G · filed 2025-02-07 CDLR 5.3% new 13G 2025-02-07