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SKAGEN Global II as of 31/10/2025

Industrials

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Canadian Pacific Kansas City Ltd 105,295 78,482,261 76,735,366 7.17 %
Waste Mangement 21,842 53,948,068 44,144,060 4.12 %
Relx Plc 57,350 23,845,723 25,591,692 2.39 %
DSV A/S 11,845 17,943,635 25,468,963 2.38 %
Relx Plc 47,054 22,615,061 20,999,962 1.96 %
Waste Connections Inc 12,075 22,874,777 20,484,153 1.91 %
Wolters Kluwer 15,335 19,950,021 19,025,847 1.78 %
Thomson Reuters Corp 11,293 21,027,656 17,487,215 1.63 %
Thomson Reuters Corp 9,817 18,395,830 15,228,653 1.42 %
Waste Connections Inc 5,771 11,001,102 9,801,507 0.92 %
Old Dominion Freight Line Inc 230 191,024 326,743 0.03 %
Total Industrials 290,275,159 275,294,161 25.71 %

Consumer Discretionary

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Amazon.com Inc 27,128 60,761,766 67,026,819 6.26 %
Home Depot 9,721 25,781,627 37,331,489 3.49 %
Brunello Cucinelli SpA 35,090 36,691,881 35,951,108 3.36 %
Hermes International 1,012 23,695,132 25,394,999 2.37 %
Total Consumer Discretionary 146,930,406 165,704,415 15.47 %

Information Technology

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Microsoft Corp 12,586 45,114,063 65,933,748 6.16 %
Accenture PLC 3,543 8,445,717 8,964,673 0.84 %
Samsung Electronics 3,672 1,777,098 2,802,997 0.26 %
Total Information Technology 55,336,878 77,701,418 7.26 %

Health Care

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Abbott Laboratories 49,309 49,067,185 61,668,664 5.76 %
Intuitive Surgical 37 87,552 199,996 0.02 %
Total Health Care 49,154,736 61,868,659 5.78 %

Financials

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
TMX Group Ltd 155,168 40,047,443 57,957,840 5.41 %
Moody's 10,761 31,570,362 52,289,540 4.88 %
Aegon NV 653,922 43,218,676 50,442,407 4.71 %
MSCI Inc 8,155 38,260,920 48,557,569 4.53 %
Mastercard Inc 8,210 27,082,396 45,848,377 4.28 %
Visa Inc - Class A shares 13,195 28,875,801 45,486,458 4.25 %
Muenchener Rueckversicherungs RG 7,183 41,408,509 44,991,028 4.20 %
Marsh & Mclennan Cos 14,902 25,262,058 26,858,391 2.51 %
Intercontinental Exchange Inc 16,173 15,216,905 23,936,179 2.24 %
J.P Morgan Chase and Co 3,363 4,914,678 10,585,330 0.99 %
Brown & Brown 12,691 9,099,967 10,238,154 0.96 %
Total Financials 304,957,715 417,191,273 38.96 %

Communication Services

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Alphabet Inc 16,505 15,719,139 47,058,377 4.39 %
Total Communication Services 15,719,139 47,058,377 4.39 %

Consumer Staples

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Mowi ASA 73,974 14,628,428 16,466,612 1.54 %
Total Consumer Staples 14,628,428 16,466,612 1.54 %

Total

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Total Holdings 890,594,183 1,057,377,473 98.74 %
Available liquidity 13,514,732 1.26 %
Total AUM 1,070,892,205 100.00 %