Skip to main content
SKAGEN Focus A as of 30/04/2019

Financials

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
American International Group Inc 319,497 152,667,998 129,676,570 6.85 %
Bank of Kyoto Ltd 220,878 80,130,012 82,220,687 4.34 %
UniCredit SpA 300,000 33,912,835 35,874,601 1.89 %
Nova Ljubljanska Banka GDR 250,000 25,825,825 29,168,706 1.54 %
Total Financials 292,536,670 276,940,564 14.62 %

Communication Services

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
China Unicom Hong Kong Ltd 8,655,000 84,126,036 88,740,606 4.68 %
Telecom Italia Rsp 13,798,280 72,900,537 62,150,087 3.28 %
Viacom Inc Class B 138,204 33,063,530 34,855,598 1.84 %
Softbank Group Corp 33,876 22,374,875 30,356,345 1.60 %
CBS Corp 68,000 29,275,759 30,097,494 1.59 %
Viacom Inc Class A 59,365 18,188,662 18,081,440 0.95 %
Telecom Italia Spa 3,335,875 23,381,730 16,147,152 0.85 %
Total Communication Services 283,311,129 280,428,722 14.80 %

Information Technology

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Avaya Holdings Corp 402,822 64,234,696 65,906,832 3.48 %
STMicroelectronics NV 150,000 23,469,194 23,802,536 1.26 %
X-Fab Silicon Foundries SE 447,174 28,355,018 22,706,934 1.20 %
Total Information Technology 116,058,908 112,416,302 5.93 %

Consumer Staples

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Sao Martinho SA 1,724,504 72,985,638 72,454,898 3.82 %
JBS 171,898 26,347,817 40,263,058 2.13 %
Metro AG 267,769 32,181,359 38,792,892 2.05 %
Total Consumer Staples 131,514,814 151,510,848 8.00 %

Energy

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
OMV AG 196,180 86,228,719 91,443,002 4.83 %
Helmerich & Payne 117,977 53,819,799 59,467,750 3.14 %
Japan Petroleum Exploration 292,000 51,403,535 54,732,704 2.89 %
Total Energy 191,452,053 205,643,456 10.86 %

Industrials

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Hitachi Ltd 220,000 58,899,754 62,938,841 3.32 %
KCC Corp 22,068 57,033,257 58,003,189 3.06 %
Pasona Group Inc 411,000 44,462,812 56,065,418 2.96 %
ADT Inc 941,771 58,693,103 53,641,062 2.83 %
Nexans 160,684 41,162,217 48,488,853 2.56 %
Teikoku Sen-I Co Ltd 155,127 24,148,833 29,835,030 1.57 %
Hitachi Construction Machine Co Ltd 50,000 11,338,314 11,438,772 0.60 %
Total Industrials 295,738,290 320,411,165 16.91 %

Materials

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Ivanhoe Mines Ltd Class A 3,434,654 63,200,554 71,656,242 3.78 %
OZ Minerals ltd 825,000 44,882,168 49,961,825 2.64 %
West Fraser Timber Co Ltd 110,900 49,308,771 48,494,653 2.56 %
ROXGOLD Inc 6,894,000 40,809,113 39,386,642 2.08 %
Sumitomo Metal Mining Co Ltd 133,500 34,051,370 36,018,291 1.90 %
Canfor Pulp Products Inc 248,000 27,098,348 23,418,120 1.24 %
Total Materials 259,350,324 268,935,773 14.20 %

Consumer Discretionary

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Toyota Industries 124,190 57,822,826 60,675,670 3.20 %
Hornbach Holding AG & Co 80,000 40,945,042 37,638,290 1.99 %
Hyundai Motor Co Pref (2pb) 52,241 40,942,228 33,843,875 1.79 %
Hyundai Motor Co Pref (1p) 24,939 17,030,719 14,956,315 0.79 %
Total Consumer Discretionary 156,740,815 147,114,150 7.77 %

Health Care

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Magforce 660,568 32,217,697 30,982,293 1.64 %
Total Health Care 32,217,697 30,982,293 1.64 %

Total

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Total Holdings 1,758,920,700 1,794,383,273 94.72 %
Available liquidity 100,059,693 5.28 %
Total AUM 1,894,442,966 100.00 %

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.