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Folketrygdfondet Buys Frontline

Oslo Norway, Q8, based Investment company Folketrygdfondet (Current Portfolio) buys Frontline during the 3-months ended 2019Q2, according to the most recent filings of the investment company, Folketrygdfondet. As of 2019Q2, Folketrygdfondet owns 8 stocks with a total value of $2.9 billion. These are the details of the buys and sells.

  • Added Positions: NOK, FRO, ABB, ERIC, GOGL,

For the details of FOLKETRYGDFONDET's stock buys and sells,
go to https://www.gurufocus.com/guru/folketrygdfondet/current-portfolio/portfolio

These are the top 5 holdings of FOLKETRYGDFONDET

  1. Equinor ASA (EQNR) - 115,726,985 shares, 79.19% of the total portfolio. Shares reduced by 0.38%
  2. Novo Nordisk A/S (NVO) - 5,244,378 shares, 9.26% of the total portfolio. Shares reduced by 0.16%
  3. Nokia Oyj (NOK) - 24,804,202 shares, 4.30% of the total portfolio. Shares added by 15.83%
  4. ABB Ltd (ABB) - 2,764,777 shares, 1.92% of the total portfolio. Shares added by 3.14%
  5. Frontline Ltd (FRO) - 6,636,648 shares, 1.84% of the total portfolio. Shares added by 23.97%

Added: Frontline Ltd (FRO)

Folketrygdfondet added to a holding in Frontline Ltd by 23.97%. The purchase prices were between $6.77 and $9.32, with an estimated average price of $7.96. The stock is now traded at around $6.44. The impact to a portfolio due to this purchase was 0.36%. The holding were 6,636,648 shares as of .

Here is the complete portfolio of FOLKETRYGDFONDET. Also check out:

1. FOLKETRYGDFONDET's Undervalued Stocks

2. FOLKETRYGDFONDET's Top Growth Companies, and

3. FOLKETRYGDFONDET's High Yield stocks

4. Stocks that FOLKETRYGDFONDET keeps buyingThis article first appeared on GuruFocus.