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KLP Kapitalforvaltning As

CIK:0001717443
Asset Manager
$95B AUM
2,171 holdings
Oslo, Norway
Founded:1949
1,000 employees
Latest filing:Sep 30, 2025

KLP Kapitalforvaltning AS is a leading Norwegian asset management firm, based in Oslo, that operates as a subsidiary of Kommunal Landspensjonskasse (KLP), Norway's largest pension company. Founded in 1949, the firm manages a broad range of pension and investment assets for municipal, county, healthcare authorities, and public sector organizations throughout Norway. The team comprises a robust employee base and leverages decades of experience to provide cost-effective, index-tracking, and specialized asset management solutions for institutional and retail clients.

Investment Strategy

KLP Kapitalforvaltning AS focuses on a diversified investment strategy, maintaining a significant portion of portfolios in stable, long-term assets such as hold-to-maturity bonds, lending with good collateral, and property investments with long leases. Roughly 30% of portfolios are invested in equities with higher risk and return potential, while the remainder is allocated to short-term bonds and money-market investments. The firm prioritizes efficient, low-cost, index-tracking fund management, while also supporting specialized active strategies where select teams seek out-return through conviction-driven investments. Strict risk management and responsible investment policies are central to the firm's approach, emphasizing long-term value creation and sustainability.

Latest 13F Filing Activity

KLP Kapitalforvaltning As filed their most recent 13F report on Sep 30, 2025 disclosing 2,139 equity positions with a total 13F market value of $25B. The fund increased holdings in Apple Inc., Nvidia Corp., Alphabet Inc. among other positions. KLP Kapitalforvaltning As reduced exposure to Netflix Inc., Godaddy Inc., International Business Machines Corp. among others.

Top Buys
A
AAPLApple Inc
+$284.7M
N
NVDANVIDIA Corp
+$274.5M
G
GOOGLAlphabet Inc
+$182.5M
T
TSLATesla Inc
+$160.0M
G
GOOGAlphabet Inc
+$140.1M
Top Sells
N
NFLXNetflix Inc
-$24.5M
G
GDDYGoDaddy Inc
-$20.2M
I
IBMInternational Business Machines Corp
-$16.9M
F
FTNTFortinet Inc
-$15.7M
F
FIFiserv Inc
-$14.5M

Top Holdings

N
NVDANVIDIA Corp
+7.0%$1.77B
A
AAPLApple Inc
+5.9%$1.49B
M
MSFTMicrosoft Corp
+5.7%$1.45B
A
AMZNAmazon.com Inc
+3.0%$751.4M
M
METAMeta Platforms Inc
+2.3%$588.8M

Equity Positions (2,139)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
NVIDIA Corp7.02%$1.77B9,491,060$134.55$186.58+$274.5M
Apple Inc5.89%$1.49B5,837,404$250.04$254.63+$284.7M
Microsoft Corp5.74%$1.45B2,798,268$425.04$517.95+$77.7M
Amazon.com Inc2.98%$751.4M3,422,300$218.80$219.57+$3.3M
Meta Platforms Inc2.33%$588.8M801,710$590.54$734.38-$4.7M

Industry Allocation

SEMICONDUCTORS & RELATED DEVICES
+11.4%
SERVICES-PREPACKAGED SOFTWARE
+10.8%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+8.8%
ELECTRONIC COMPUTERS
+6.0%
PHARMACEUTICAL PREPARATIONS
+4.6%