Our main shareholders

Last updated 2018 April 03

Shareholders	Details	Country	Number of shares	Share of total
Ministry of Trade, Industry and Fisheries		NOR	98,936,188	36.2%
The Government Pension Fund Norway		NOR	12,277,605	4.5%
JPMorgan Chase Bank	Nominee	USA	9,495,500	3.5%
Clearstream Banking (Lux)	Nominee	LUX	8,768,935	3.2%
State Street Bank	Nominee	USA	7,133,412	2.6%
State Street Bank	Nominee	USA	4,402,034	1.6%
FLPS - PRINC ALL SEC		USA	4,058,904	1.5%
JPMorgan Chase Bank	Nominee	GBR	3,664,533	1.3%
JPMorgan Chase Bank	Nominee	GBR	3,182,412	1.2%
State Street Bank	Nominee	USA	2,561,491	0.9%
Verdipapirfondet DNB		NOR	2,462,316	0.9%
State Street Bank	Nominee	USA	2,350,574	0.9%
JPMorgan Chase Bank	Nominee	USA	2,348,471	0.9%
RBC Investor Service Trust	Nominee	GBR	2,126,281	0.8%
State Street Bank	Nominee	USA	1,764,514	0.7%
State Street Bank	Nominee	USA	1,679,152	0.6%
Goldman Sachs	Nominee	GBR	1,586,657	0.6%
KLP Aksje Norge		NOR	1,547,233	0.6%
JPMorgan Chase Bank	ADR-division	USA	1,513,264	0.6%
State Street Bank	Nominee	USA	1,498,957	0.6%

Shareholders per country:

Country	Holders	Shares	Share of total	Change this month	Change this year
Norway
Privately owned	31,955	51,194,315	18.7%	-0.6%	0.3%
Norwegian state	1	98,936,188	36.2%	0.0%	0.0%
Total Norway	31,956	150,130,503	54.9%
USA	373	56,446,153	20.7%	0.0%	0.9%
United Kingdom	247	24,122,907	8.8%	0.5%	1.4%
Other EU	826	32,079,132	11.7%	0.1%	-2.5%
Other countries	327	10,439,135	3.8%	0.0%	-0.2%
Total	33,729	273,217,830	100.0%

Real owners - Top 20 shareholders

For pdf of top 20 shareholders click here.
Delayed information with nominee accounts identified, 2 March 2018

Rank	Firm name	Share of total	Position	Position date	City	Country
1	Ministry of Trade, Industry and Fisheries	36.21%	98,936,188	4 Jan 2018	Oslo	Norway
2	The Government Pension Fund Norway	5.62%	15,343656	4 Jan 2018	Oslo	Norway
3	The Vanguard Group, Inc.	3.10%	8,478,092	31 Jan 2018	Malvern	United States
4	Fidelity Management & Research Company	2.28%	6,230,222	4 Jan 2018	Boston	United States
5	Storebrand Kapitalforvaltning AS	2.25%	6,155,780	31 Jan 2018	Lysaker	Norway
6	Nordea Funds Oy	1.81%	4,958,097	31 Dec 2017	Helsinki	Finland
7	BlackRock Institutional Trust Company, N.A.	1.70%	4,650,967	31 Jan 2018	San Francisco	United States
8	DNB Asset Management AS	1.58%	4,326,782	4 Jan 2018	Oslo	Norway
9	KLP Forsikring	1.45%	3,957,743	31 Jan 2018	Oslo	Norway
10	Allianz Global Investors GmbH	1.34%	3,657,220	31 Jan 2018	Frankfurt	Germany
11	ODIN Forvaltning AS	1.31%	3,579,822	14 Dec 2017	Oslo	Norway
12	Polaris Capital Management, LLC	1.30%	3,555,457	31 Dec 2017	Boston	United States
13	Alfred Berg Kapitalforvaltning AS	1.19%	3,238,127	31 Jan 2018	Oslo	Norway
14	Ruffer LLP	1.11%	3,022,946	30 Nov 2017	London	United Kingdom
15	Florida State Board of Administration	1.09%	2,980,369	31 Mar 2017	Tallahassee	United States
16	Northern Trust Investments, Inc.	0.89%	2,431,938	31 Jan 2018	Chicago	United States
17	Handelsbanken Asset Management	0.86%	2,358,168	31 Jan 2018	Stockholm	Sweden
18	California Public Employees' Retirement System	0.83%	2,267,919	30 Jun 2016	Sacramento	United States
19	Capfi Delen Asset Management	0.81%	2,208,622	31 Oct 2017	Hasselt	Belgium
20	T. Rowe Price Associates, Inc.	0.78%	2,132,782	31 Jan 2018	Baltimore	United States

Primary insider shareholders:

Shareholders	Number of shares
Corporate management:
Svein Tore Holsether	23,083
Tove Andersen	4,334
Yves Bonte	13,985
Lair Hanzen	10,963
Terje Knutsen	5,615
Pablo Barrera Lopez	159
Kristine Ryssdal	2,522
Terje M. Tollefsen	6,034
Lene Trollnes (and Board Secretary)	7,174
Petter Østbø	7,394
The Board:
Leif Teksum (chair)	3,000
Maria Moræus Hanssen (vice chair)	500
Hilde Bakken	800
Geir Isaksen	84
John Thuestad	1,200
Kjersti Aass	102
Rune Bratteberg	241
Geir O. Sundbø	213
Deputy Board members:
Kari Nøstberg	362
Per Rosenberg	360
Inge Stabæk	398
Toril Svendsen	0
Vidar Viskjer	241
Auditor:
Aase Aamdal Lundgaard, Deloitte	0
Senior employees:
Thor Giæver (SVP Investor Relations)	3,945
Nina Kleiv (Investor Relations Director)	3,481
Lars Røsæg (VP Partner Operations)	40
Steinar Skar (Chief Audit Executive)	3,297
Esben Tuman (VP Communications)	1,192
Ezekiel Ward (Chief Compliance Officer)	1,596