# KLP KAPITALFORVALTNING AS

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1717443. Source: https://holderbook.com/funds/1717443-klp-kapitalforvaltning-as/

- Reported value: $31.0B
- Positions: 2,141
- Weight of the ten largest: 31.8%
- Filed: 2026-08-12

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.0B | 9,964,860 | 6.4% | 7 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.9B | 6,616,324 | 6.2% | 7 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.2B | 3,137,328 | 3.8% | 7 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $931.8M | 2,607,440 | 3.0% | 7 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $912.1M | 3,827,000 | 2.9% | 7 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $704.1M | 1,863,840 | 2.3% | 7 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $702.9M | 1,989,260 | 2.3% | 7 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $533.6M | 462,285 | 1.7% | 7 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $515.6M | 915,410 | 1.7% | 7 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $468.2M | 1,113,250 | 1.5% | 7 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $417.7M | 348,239 | 1.3% | 7 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $406.1M | 699,047 | 1.3% | 7 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $379.5M | 1,159,272 | 1.2% | 7 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $298.2M | 1,174,114 | 1.0% | 7 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $284.4M | 828,882 | 0.9% | 7 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $283.2M | 391,701 | 0.9% | 7 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $280.2M | 559,933 | 0.9% | 7 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $271.5M | 626,180 | 0.9% | 7 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $269.7M | 1,931,408 | 0.9% | 7 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $260.6M | 1,906,036 | 0.8% | 7 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $217.2M | 1,848,715 | 0.7% | 7 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $216.2M | 716,470 | 0.7% | 7 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $214.2M | 417,114 | 0.7% | 7 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $210.5M | 836,672 | 0.7% | 7 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $202.9M | 1,791,600 | 0.7% | 7 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $187.9M | 2,299,945 | 0.6% | 7 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $170.2M | 181,980 | 0.5% | 7 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $169.3M | 1,154,429 | 0.5% | 7 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $168.2M | 2,951,641 | 0.5% | 7 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $165.0M | 1,277,070 | 0.5% | 7 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $155.6M | 374,455 | 0.5% | 7 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $144.9M | 410,882 | 0.5% | 7 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $143.1M | 863,597 | 0.5% | 7 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $140.4M | 119,470 | 0.5% | 7 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $138.6M | 137,023 | 0.4% | 7 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $137.6M | 1,927,210 | 0.4% | 7 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $136.9M | 366,413 | 0.4% | 7 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $126.9M | 906,541 | 0.4% | 7 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $122.7M | 359,916 | 0.4% | 7 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $121.9M | 408,985 | 0.4% | 7 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $120.7M | 429,190 | 0.4% | 7 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $120.6M | 188,783 | 0.4% | 7 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $116.4M | 390,739 | 0.4% | 7 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $113.2M | 1,369,675 | 0.4% | 7 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $108.9M | 520,889 | 0.4% | 7 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $108.6M | 170,909 | 0.4% | 7 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $106.8M | 915,400 | 0.3% | 7 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $104.9M | 264,141 | 0.3% | 7 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $102.1M | 552,701 | 0.3% | 7 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $101.0M | 689,142 | 0.3% | 7 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $99.1M | 561,224 | 0.3% | 7 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $99.0M | 190,854 | 0.3% | 7 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $98.2M | 384,560 | 0.3% | 7 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $96.8M | 2,286,024 | 0.3% | 7 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $96.3M | 762,308 | 0.3% | 7 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $94.7M | 1,643,058 | 0.3% | 7 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $93.3M | 549,000 | 0.3% | 7 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $92.3M | 341,576 | 0.3% | 7 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $91.3M | 1,040,112 | 0.3% | 7 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $90.9M | 213,309 | 0.3% | 7 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $89.1M | 658,396 | 0.3% | 7 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $88.8M | 91,955 | 0.3% | 7 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $87.5M | 577,400 | 0.3% | 7 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $86.4M | 4,175,064 | 0.3% | 7 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $84.9M | 251,099 | 0.3% | 7 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $83.3M | 306,164 | 0.3% | 7 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $82.0M | 226,396 | 0.3% | 7 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $81.9M | 114,861 | 0.3% | 7 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $77.1M | 153,703 | 0.2% | 7 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $76.9M | 793,512 | 0.2% | 7 |
| HOWMET AEROSPACE INC | [HWM](https://holderbook.com/stocks/HWM/) | $76.5M | 284,644 | 0.2% | 7 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $76.2M | 99,790 | 0.2% | 7 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $75.2M | 33,080 | 0.2% | 6 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $74.9M | 3,111,232 | 0.2% | 7 |
| WELLTOWER INC | [WELL](https://holderbook.com/stocks/WELL/) | $73.6M | 324,146 | 0.2% | 7 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $73.5M | 215,042 | 0.2% | 7 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $72.2M | 100,340 | 0.2% | 7 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $71.9M | 403,625 | 0.2% | 7 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $66.3M | 422,043 | 0.2% | 7 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $66.2M | 329,962 | 0.2% | 7 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $65.5M | 86,630 | 0.2% | 7 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $64.5M | 620,742 | 0.2% | 7 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $64.5M | 398,163 | 0.2% | 7 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $63.1M | 283,053 | 0.2% | 7 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $63.1M | 2,569,106 | 0.2% | 7 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $62.8M | 692,199 | 0.2% | 7 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $62.7M | 606,503 | 0.2% | 7 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $61.8M | 670,072 | 0.2% | 7 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $61.4M | 62,813 | 0.2% | 7 |
| SPOTIFY TECHNOLOGY S A | [SPOT](https://holderbook.com/stocks/SPOT/) | $60.9M | 132,620 | 0.2% | 7 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $58.6M | 225,161 | 0.2% | 7 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $58.2M | 283,803 | 0.2% | 7 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $57.4M | 144,462 | 0.2% | 7 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $56.8M | 619,423 | 0.2% | 7 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $55.8M | 129,400 | 0.2% | 7 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $55.8M | 363,300 | 0.2% | 7 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $55.6M | 57,855 | 0.2% | 7 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $54.9M | 134,898 | 0.2% | 7 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $54.9M | 587,681 | 0.2% | 7 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $54.5M | 755,000 | 0.2% | 7 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +14.8% | +14.8% | -0.0% | 100% |
| Q1 2026 | -4.6% | -4.6% | +0.1% | 100% |
| Q4 2025 | +2.1% | +2.4% | -0.3% | 100% |
| Q3 2025 | +7.5% | +7.8% | -0.3% | 100% |
| Q2 2025 | +10.2% | +10.5% | -0.2% | 100% |
| Q1 2025 | -4.6% | -4.6% | -0.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $31.0B | 2,141 |
| Q1 2026 | $25.5B | 2,154 |
| Q4 2025 | $25.9B | 2,169 |
| Q3 2025 | $25.2B | 2,171 |
| Q2 2025 | $23.2B | 2,188 |
| Q1 2025 | $20.4B | 2,252 |
| Q4 2024 | $21.1B | 2,288 |