KLP KAPITALFORVALTNING AS Q4 2025 Filing

Filed January 28, 2026

Portfolio Value

$25.9B

Holdings

2,169

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (2,169 positions)

#StockSharesValue% PortfolioType
101
MDTMedtronic PLC
484,787$46.9B181.15%
102
EMREmerson Electric Co
347,213$46.1B177.95%
103
BKBank of New York Mellon Corp/The
388,310$45.1B174.07%
104
PLDPrologis Inc
348,641$44.5B171.87%
105
TMUST-Mobile US Inc
219,073$44.5B171.76%
106
GMGeneral Motors Co
542,624$44.1B170.40%
107
SYKStryker Corp
123,284$43.4B167.68%
108
CVSCVS Health Corp
547,003$43.4B167.63%
109
PHParker-Hannifin Corp
48,693$42.8B165.27%
110
T7DTransDigm Group Inc
32,142$42.7B165.06%
111
PEOExelon Corp
980,144$42.7B164.98%
112
TTTrane Technologies PLC
108,383$42.2B162.89%
113
CRWDCrowdstrike Holdings Inc
89,910$42.1B162.75%
114
CMECME Group Inc
154,307$42.1B162.72%
115
VRTXVertex Pharmaceuticals Inc
92,901$42.1B162.64%
116
EOGEOG Resources Inc
390,803$41.0B158.47%
117
BXBlackstone Inc
266,000$41.0B158.33%
118
PWRQuanta Services Inc
96,100$40.6B156.62%
119
CTSHCognizant Technology Solutions Corp
481,677$40.0B154.38%
120
REGNRegeneron Pharmaceuticals Inc
51,668$39.9B154.00%
121
SBUXStarbucks Corp
472,573$39.8B153.67%
122
AFLAflac Inc
360,670$39.8B153.58%
123
TRVTravelers Cos Inc/The
135,019$39.2B151.23%
124
MCOMoody's Corp
76,181$38.9B150.28%
125
ABGCencora Inc
114,841$38.8B149.78%
126
MRSHMarsh & McLennan Cos Inc
207,374$38.5B148.56%
127
CDNSCadence Design Systems Inc
121,600$38.0B146.77%
128
MLB1MercadoLibre Inc
18,760$37.8B145.92%
129
SHWSherwin-Williams Co/The
115,382$37.4B144.37%
130
GISGeneral Mills Inc
797,318$37.1B143.17%
131
CITCintas Corp
196,500$37.0B142.70%
132
MRVLMarvell Technology Inc
431,139$36.6B141.48%
133
ELVElevance Health Inc
102,918$36.1B139.31%
134
HLTHilton Worldwide Holdings Inc
125,240$36.0B138.92%
135
ZMZoom Communications Inc
413,100$35.6B137.65%
136
EBAeBay Inc
408,446$35.6B137.38%
137
VRSNVeriSign Inc
146,100$35.5B137.06%
138
GLWCorning Inc
403,360$35.3B136.38%
139
SPGSimon Property Group Inc
188,842$35.0B134.98%
140
VLOValero Energy Corp
214,261$34.9B134.69%
141
EMEEMCOR Group Inc
56,160$34.4B132.68%
142
BIIBBiogen Inc
191,677$33.7B130.26%
143
ICEIntercontinental Exchange Inc
206,885$33.5B129.39%
144
BDXBecton Dickinson & Co
172,580$33.5B129.33%
145
SNPSSynopsys Inc
70,516$33.1B127.90%
146
AONAon PLC
93,672$33.1B127.64%
147
SRESempra
367,324$32.7B126.19%
148
HIGHartford Insurance Group Inc/The
234,794$32.5B125.40%
149
JCIJohnson Controls International plc
269,401$32.4B125.01%
150
MNSTMonster Beverage Corp
417,694$32.0B123.66%
151
DASHDoorDash Inc
139,240$31.5B121.77%
152
HCAHCA Healthcare Inc
66,798$31.2B120.42%
153
SNASnap-on Inc
90,484$31.2B120.40%
154
KRKroger Co/The
494,325$30.9B119.26%
155
USBUS Bancorp
569,596$30.6B118.34%
156
FFIVF5 Inc
119,854$30.6B118.14%
157
WMBWilliams Cos Inc/The
504,610$30.3B117.13%
158
PNCPNC Financial Services Group Inc/The
144,147$30.1B116.18%
159
PCARPACCAR Inc
271,236$30.1B116.16%
160
AMTAmerican Tower Corp
169,713$30.0B116.01%
161
RMEResMed Inc
123,650$29.8B115.01%
162
ADSKAutodesk Inc
100,452$29.7B114.82%
163
MDLZMondelez International Inc
547,304$29.7B114.66%
164
HOODRobinhood Markets Inc
261,900$29.6B114.38%
165
AXONAxon Enterprise Inc
51,460$29.2B112.85%
166
NKENIKE Inc
454,958$29.1B112.54%
167
EIXEdison International
484,877$29.1B112.38%
168
WDCWestern Digital Corp
168,323$29.0B111.97%
169
CAHCardinal Health Inc
141,098$29.0B111.97%
170
ORLYO'Reilly Automotive Inc
317,615$29.0B111.87%
171
KKRKKR & Co Inc
225,900$28.8B111.20%
172
EQIXEquinix Inc
37,548$28.8B111.09%
173
WBDWarner Bros Discovery Inc
979,927$28.2B109.05%
174
PEGPublic Service Enterprise Group Inc
350,409$28.1B108.65%
175
CICigna Group/The
100,823$27.7B107.15%
176
STTState Street Corp
214,199$27.6B106.71%
177
LNGCheniere Energy Inc
140,676$27.3B105.60%
178
MARMarriott International Inc/MD
87,403$27.1B104.71%
179
UPSUnited Parcel Service Inc
270,493$26.8B103.61%
180
SYYSysco Corp
363,300$26.8B103.38%
181
CSXCSX Corp
728,716$26.4B102.00%
182
GGGGraco Inc
316,700$26.0B100.24%
183
ROPRoper Technologies Inc
58,070$25.8B99.81%
184
RCLRoyal Caribbean Cruises Ltd
92,183$25.8B99.64%
185
SNOWSnowflake Inc
116,800$25.6B98.94%
186
XYLXylem Inc/NY
186,903$25.5B98.28%
187
SLBSLB Ltd
656,026$25.4B97.95%
188
PCGPG&E Corp
1,565,800$25.2B97.42%
189
PYPLPayPal Holdings Inc
432,045$25.2B97.40%
190
EWEdwards Lifesciences Corp
295,322$25.2B97.22%
191
TELTE Connectivity PLC
110,233$25.1B97.01%
192
FQIDigital Realty Trust Inc
159,781$24.9B96.09%
193
ATOAtmos Energy Corp
147,159$24.7B95.26%
194
TPRTapestry Inc
192,900$24.6B95.17%
195
ECLEcolab Inc
92,200$24.3B93.69%
196
AIGAmerican International Group Inc
280,785$24.0B92.76%
197
NSCNorfolk Southern Corp
82,893$23.9B92.41%
198
WABWestinghouse Air Brake Technologies Corp
110,626$23.6B91.18%
199
FDXFedEx Corp
80,760$23.4B90.46%
200
AJGArthur J Gallagher & Co
90,490$23.4B90.43%
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