Skip to main content

The content on this page is marketing communication

Overview of all investments

SKAGEN Vekst A as of 31/07/2025

Health Care

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Novo Nordisk A/S 1,280,000 793,228,899 635,557,453 5.10 %
H. Lundbeck A/S 4,409,700 236,357,462 239,770,850 1.93 %
Total Health Care 1,029,586,361 875,328,303 7.03 %

Financials

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Nordea Bank Abp 3,382,700 295,319,967 510,175,880 4.10 %
Hana Financial Holdings 741,066 364,823,634 469,746,129 3.77 %
Ping An Insurance Group 6,527,316 428,810,871 461,763,295 3.71 %
Citigroup 455,700 212,953,607 439,520,948 3.53 %
KB Financial Group 483,300 198,272,372 397,829,324 3.20 %
Korean Reinsurance Co 2,959,141 131,522,542 234,137,682 1.88 %
B3 SA - Brasil Bolsa Balcao 7,823,700 162,261,934 180,959,248 1.45 %
American International Group Inc 191,020 69,813,553 152,640,362 1.23 %
Kinnevik AB 996,000 110,713,199 92,524,564 0.74 %
HitecVision AS 715,250 6,488,468 89,406,250 0.72 %
Sberbank of Russia PJSC (pref) 6,933,020 126,841,634 34,942,592 0.28 %
Total Financials 2,107,821,781 3,063,646,274 24.61 %

Industrials

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
ISS A/S 1,695,200 345,146,922 504,226,932 4.05 %
DSV A/S 173,100 251,289,822 400,230,923 3.21 %
Skf Svenska Kullager Fabrikker B 1,524,800 356,077,139 367,789,604 2.95 %
Bonheur 1,406,756 178,903,021 337,621,440 2.71 %
Volvo B 923,500 124,588,106 273,887,756 2.20 %
CK Hutchison Holdings Ltd 3,548,000 286,171,564 239,133,297 1.92 %
Vestas Wind System 435,600 89,469,935 82,526,478 0.66 %
Cadeler A/S 380,721 51,033,826 82,140,827 0.66 %
Cadeler A/S 853,000 48,910,246 46,616,450 0.37 %
Total Industrials 1,731,590,582 2,334,173,707 18.75 %

Information Technology

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Samsung Electronics Co Ltd 1,025,800 251,437,239 438,564,656 3.52 %
Nokia A 4,624,900 194,218,373 195,502,215 1.57 %
Tieto Oyj (EUR) 824,300 217,266,228 146,642,261 1.18 %
Applied Materials 68,000 48,240,891 126,033,825 1.01 %
Broadcom Inc 30,400 21,766,889 91,904,862 0.74 %
Total Information Technology 732,929,620 998,647,820 8.02 %

Materials

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Yara International ASA 1,112,340 387,969,096 427,249,794 3.43 %
Upm-Kymmene 1,401,800 433,493,363 375,720,038 3.02 %
Boliden Limited B 1,106,199 300,438,919 351,055,556 2.82 %
Elopak ASA 2,126,041 58,164,506 106,727,258 0.86 %
Segezha Group PJSC 50,000,000 44,262,147 1,227,889 0.01 %
Total Materials 1,224,328,030 1,261,980,536 10.14 %

Consumer Staples

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Essity AB 1,366,000 369,694,110 347,927,083 2.79 %
Carlsberg B 217,500 233,158,692 281,027,667 2.26 %
Bakkafrost P/F 372,000 190,763,313 154,231,200 1.24 %
Wal-Mart de Mexico SAB de CV 4,645,386 138,624,112 141,228,161 1.13 %
Molson Coors Beverage Co 240,000 133,036,721 120,359,252 0.97 %
Tyson Foods A 213,900 123,711,493 115,152,516 0.92 %
Total Consumer Staples 1,188,988,443 1,159,925,880 9.32 %

Energy

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Shell PLC 897,000 240,856,380 332,836,508 2.67 %
TGS-NOPEC Geophysical Company 1,282,683 147,568,293 98,125,250 0.79 %
Paratus Energy Services Ltd 996,000 43,265,937 39,262,320 0.32 %
Northern Ocean Ltd 4,566,760 149,408,719 28,085,574 0.23 %
Gazprom PJSC 3,460,000 72,960,110 7,084,872 0.06 %
Total Energy 654,059,439 505,394,524 4.06 %

Communication Services

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Telenor ASA 2,014,000 267,231,313 319,621,800 2.57 %
Alphabet Inc Class A 100,730 129,335,551 198,973,284 1.60 %
Total Communication Services 396,566,865 518,595,084 4.17 %

Real Estate

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
CK Asset Holdings Ltd 5,471,548 271,579,797 258,647,809 2.08 %
Public Property Invest AS 8,704,694 129,868,456 215,876,411 1.73 %
Sveafastigheter AB 3,400,000 134,595,758 135,117,068 1.09 %
Total Real Estate 536,044,011 609,641,288 4.90 %

Consumer Discretionary

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Alibaba Group Holding Ltd 1,557,126 245,579,468 236,238,369 1.90 %
Hyundai Motor Co Ltd-PFD 69,174 48,009,774 82,869,529 0.67 %
Hugo Boss AG 139,447 58,932,631 67,423,832 0.54 %
Total Consumer Discretionary 352,521,874 386,531,730 3.10 %

Total

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Total Holdings 10,737,998,992 11,664,092,021 93.69 %
Available liquidity 786,114,994 6.31 %
Total AUM 12,450,207,015 100.00 %

Historical returns are no guarantee for future returns. Future returns will depend, inter alia, on market developments, the fund manager’s skills, the fund’s risk profile and management fees. The return may become negative as a result of negative price developments. There is risk associated with investing in funds due to market movements, currency developments, interest rate levels, economic, sector and company-specific conditions. The funds are denominated in NOK. Returns may increase or decrease as a result of currency fluctuations. Prior to making a subscription, we encourage you to read the fund's prospectus and key investor information document which contain further details about the fund's characteristics and costs. The information can be found on www.skagenfunds.com. Storebrand Asset Management administers the SKAGEN funds which are by agreement managed by SKAGEN's portfolio managers.

keyboard_arrow_up