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SKAGEN m2 A as of 31/10/2025

Real Estate

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
CTP NV 330,621 45,634,024 69,800,758 5.52 %
Catena AB 138,444 40,092,244 67,962,198 5.38 %
Equinix Inc (REIT) 7,236 53,191,376 61,933,220 4.90 %
Public Property Invest AS 2,363,529 35,411,327 52,706,697 4.17 %
CBRE Group Inc 33,292 26,856,550 51,340,482 4.06 %
Shurgard Self Storage SA 134,000 36,385,942 49,679,796 3.93 %
CareTrust REIT Inc 135,164 40,738,622 47,382,053 3.75 %
Aedifica SA 58,628 51,331,629 43,335,127 3.43 %
Grainger PLC 1,620,600 48,816,741 40,370,084 3.19 %
Prologis Inc (REIT) 30,810 34,189,805 38,679,254 3.06 %
Prisma Properties AB 1,400,000 39,048,775 37,377,058 2.96 %
Capitaland Investment Ltd/Singapore 1,780,228 21,341,618 36,534,026 2.89 %
UMH Properties Inc 233,108 35,014,005 34,290,292 2.71 %
Independence Realty Trust Inc 207,753 37,919,927 33,482,100 2.65 %
Kimco Realty Corp (REIT) 151,635 41,630,884 31,694,170 2.51 %
Sveafastigheter AB 678,800 27,330,109 30,732,344 2.43 %
American Tower Corp (REIT) 16,715 35,125,290 30,266,381 2.39 %
LOG Commercial Properties e Participacoes SA 651,400 29,609,578 29,003,327 2.29 %
UNITE Group PLC/The 372,000 40,289,792 28,037,561 2.22 %
Capitaland India Trust 2,938,677 17,015,984 27,641,092 2.19 %
Intea Fastigheter AB 381,700 17,953,913 27,480,008 2.17 %
Sun Communities Inc 20,120 32,887,448 25,769,814 2.04 %
Tokyu Fudosan Holdings Corp 292,116 15,806,254 23,768,458 1.88 %
Americold Realty Trust Inc 175,942 50,628,343 22,944,154 1.81 %
Swire Properties Ltd 721,480 16,456,116 19,909,718 1.57 %
Nexity SA 137,949 21,161,899 14,626,341 1.16 %
Robinsons Land Corp 4,578,000 11,989,462 11,726,433 0.93 %
Ayala Land 2,214,000 10,036,218 7,574,162 0.60 %
Total Real Estate 913,893,876 996,047,107 78.78 %

Financials

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
DigitalBridge Group Inc 535,000 76,599,467 64,030,682 5.06 %
Total Financials 76,599,467 64,030,682 5.06 %

Communication Services

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Helios Towers PLC 2,713,000 32,620,418 53,950,518 4.27 %
Cellnex Telecom SA 139,826 55,459,280 44,133,184 3.49 %
Total Communication Services 88,079,698 98,083,702 7.76 %

Unclassified

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Cityvarasto Oyj 218,750 41,009,500 40,920,587 3.24 %
Total Unclassified 41,009,500 40,920,587 3.24 %

Health Care

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Brookdale Senior Living Inc 334,169 17,969,729 31,339,748 2.48 %
Total Health Care 17,969,729 31,339,748 2.48 %

Consumer Discretionary

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Beazer Homes USA Inc 56,115 17,524,377 12,716,763 1.01 %
Toll Brothers 5,200 5,706,126 7,099,468 0.56 %
Total Consumer Discretionary 23,230,502 19,816,232 1.57 %

Total

Security Number Acquisition value (NOK) Market value (NOK) Percentage distribution
Total Holdings 1,173,607,390 1,251,310,862 98.97 %
Available liquidity 13,080,720 1.03 %
Total AUM 1,264,391,582 100.00 %