Skip to main content
SKAGEN Focus A as of 28/02/2019

Consumer Discretionary

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Toyota Industries Corp 114,190 53,155,940 50,132,238 2.75 %
Hyundai Motor Co Pref (2pb) 52,241 40,942,228 31,967,543 1.75 %
Hornbach Holding AG & Co 65,000 34,152,750 28,714,706 1.57 %
Hyundai Motor 24,939 17,030,719 13,989,051 0.77 %
Total Consumer Discretionary 145,281,637 124,803,538 6.84 %

Consumer Staples

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Sao Martinho SA 1,724,504 72,985,638 73,017,310 4.00 %
Pilgrim's Pride Corp 336,898 52,081,888 56,390,033 3.09 %
Metro AG 267,769 32,181,359 38,144,904 2.09 %
Total Consumer Staples 157,248,885 167,552,247 9.18 %

Communication Services

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
China Unicom Hong Kong Ltd 8,905,000 86,407,712 90,449,955 4.96 %
Telecom Italia Rsp 13,798,280 72,900,537 63,909,742 3.50 %
Viacom Inc Class B 173,204 42,151,372 43,167,538 2.37 %
Softbank Group Corp 33,876 22,374,875 26,775,535 1.47 %
CBS Corp 55,000 23,601,007 23,615,154 1.29 %
Viacom Inc Class A 66,565 20,322,554 19,433,789 1.07 %
Telecom Italia Spa 3,335,875 23,381,730 17,281,561 0.95 %
Total Communication Services 291,139,787 284,633,274 15.60 %

Industrials

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
ADT Corp 911,771 57,823,447 62,645,225 3.43 %
KCC Corp 22,068 57,033,257 53,663,076 2.94 %
Hitachi Ltd 205,000 54,624,734 52,565,720 2.88 %
Pasona Group Inc 411,000 44,462,812 50,497,690 2.77 %
Nexans 165,684 42,263,932 45,802,266 2.51 %
KOC Holding AS 1,235,065 30,663,960 37,003,908 2.03 %
Teikoku Sen-I Co Ltd 185,727 28,765,896 36,870,939 2.02 %
Hawaian Holdings Inc 78,672 21,231,870 19,593,908 1.07 %
Total Industrials 336,869,908 358,642,732 19.66 %

Materials

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Ivanhoe Mines Ltd Class A 3,432,954 63,165,886 77,554,262 4.25 %
OZ Minerals 825,000 44,882,168 51,688,593 2.83 %
West Fraser Timber Co Ltd 65,900 29,506,763 27,364,421 1.50 %
Sumitomo Metal Mining Co Ltd 58,500 14,855,164 14,681,111 0.80 %
Canfor Pulp Products Inc 93,000 11,073,202 9,557,016 0.52 %
Total Materials 163,483,183 180,845,403 9.91 %

Energy

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
OMV AG 196,180 86,228,719 88,860,668 4.87 %
Helmerich & Payne Inc 117,977 53,819,799 53,150,255 2.91 %
JAPEX 282,000 49,588,642 50,280,869 2.76 %
Total Energy 189,637,160 192,291,792 10.54 %

Financials

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
American International Group Inc 319,497 152,667,998 118,279,540 6.48 %
Bank of Kyoto Ltd 220,878 80,130,012 84,658,494 4.64 %
Nova Ljubljanska Banka GDR 250,000 25,825,825 29,799,656 1.63 %
UniCredit SpA 157,800 17,272,561 18,401,107 1.01 %
Aichi Bank Ltd 23,674 9,284,074 6,097,747 0.33 %
Total Financials 285,180,470 257,236,544 14.10 %

Information Technology

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Avaya Holdings Corp 447,022 71,593,466 58,652,501 3.22 %
X-Fab Silicon Foundries SE 437,174 29,255,970 19,865,814 1.09 %
Total Information Technology 100,849,436 78,518,315 4.30 %

Health Care

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Magforce 660,568 32,217,697 35,673,496 1.96 %
Teva Pharmaceutical-Sp ADR 181,228 38,211,786 26,447,185 1.45 %
Total Health Care 70,429,483 62,120,681 3.41 %

Total

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Total Holdings 1,740,119,949 1,706,644,526 93.55 %
Available liquidity 117,708,396 6.45 %
Total AUM 1,824,352,922 100.00 %

Historical returns are no guarantee for future returns. Future returns will depend, inter alia, on market developments, the fund manager's skill, the fund's risk profile and management fees. The return may become negative as a result of negative price developments.