Skip to main content
SKAGEN Focus A as of 31/10/2019

Information Technology

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Hitachi Ltd 220,054 59,749,783 76,050,050 4.35 %
Stmicroelectronics 297,426 45,605,394 61,780,994 3.53 %
Hewlett Packard Enterprise Co 235,400 32,699,059 35,193,676 2.01 %
Avaya Holdings Corp 246,463 32,499,623 26,928,006 1.54 %
Total Information Technology 170,553,859 199,952,726 11.43 %

Industrials

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Pasona Group Inc 390,915 42,930,988 51,529,579 2.95 %
Hitachi Construction Machinery Co Ltd 199,207 42,829,447 47,780,626 2.73 %
Nexans SA 97,800 26,184,119 36,044,190 2.06 %
Teikoku Sen-I Co Ltd 141,480 22,273,817 24,093,061 1.38 %
Total Industrials 134,218,371 159,447,456 9.12 %

Consumer Discretionary

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Toyota Industries 131,680 61,145,759 73,367,919 4.19 %
Hornbach Holding AG & Co KGaA 70,000 35,822,009 38,626,088 2.21 %
Continental 27,215 32,968,056 33,355,616 1.91 %
Hyundai Motor Co (pref shs) 49,451 38,798,897 30,972,073 1.77 %
Hyundai Motor Co 21,879 14,941,060 12,614,567 0.72 %
Total Consumer Discretionary 183,675,781 188,936,263 10.80 %

Communication Services

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
China Unicom Hong Kong 9,975,000 96,204,237 90,886,352 5.20 %
Telecom Italia SpA/Milano 8,097,715 41,682,382 42,958,965 2.46 %
Viacom INC ClassB 94,312 22,552,654 18,385,718 1.05 %
Viacom Inc -Cl A 59,365 18,124,366 12,912,173 0.74 %
Total Communication Services 178,563,639 165,143,208 9.44 %

Energy

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
OMV AG 186,330 81,722,810 99,459,833 5.69 %
Japan Petroleum Exploration 141,250 25,034,705 33,435,511 1.91 %
Total Energy 106,757,515 132,895,344 7.60 %

Financials

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
American International Group 182,230 85,792,090 87,711,388 5.01 %
Bank of Kyoto Ltd/The 203,821 73,790,884 75,131,352 4.30 %
Korean Reinsurance Co 550,000 32,817,226 34,490,954 1.97 %
UniCredit SPA 292,400 32,464,669 33,909,745 1.94 %
Nova Ljubljanska Banka dd 274,733 28,617,439 30,432,106 1.74 %
Total Financials 253,482,308 261,675,545 14.96 %

Materials

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Ivanhoe Mines Ltd 2,832,118 52,113,358 65,303,598 3.73 %
Dow Inc 132,275 56,759,837 60,810,544 3.48 %
Roxgold Inc 8,685,058 54,036,832 59,471,737 3.40 %
Oz Minerals 917,200 50,206,044 58,980,646 3.37 %
Sumitomo Metal Mining 155,150 39,666,583 48,177,084 2.75 %
West Fraser Timber Co Ltd 93,027 35,133,647 39,501,181 2.26 %
Thyssenkrupp AG 252,770 28,979,734 33,161,797 1.90 %
Fortuna Silver Mines Inc 1,131,662 34,325,767 32,578,102 1.86 %
Canfor Pulp Products Inc 368,689 32,518,399 21,897,318 1.25 %
Total Materials 383,740,201 419,882,007 24.01 %

Health Care

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
MagForce AG 668,405 32,569,387 31,100,509 1.78 %
Total Health Care 32,569,387 31,100,509 1.78 %

Consumer Staples

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Sao Martinho SA 1,828,500 78,048,001 74,169,739 4.24 %
Kroger 121,980 25,255,016 27,786,623 1.59 %
Stock Spirits Group PLC 792,000 20,419,479 19,244,504 1.10 %
Total Consumer Staples 123,722,496 121,200,866 6.93 %

Total

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Total Holdings 1,567,283,557 1,680,233,924 96.07 %
Available liquidity 68,779,199 3.93 %
Total AUM 1,749,013,123 100.00 %
keyboard_arrow_up

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.