Shareholders as of 31 August 2025
Major shareholders from beneficial ownership
As of 31 August 2025
Name | Number of shares | %ISC |
Government of Norway | 738,432,900 | 53.97% |
Folketrygdfondet | 65,125,115 | 4.76% |
BlackRock | 39,736,377 | 2.90% |
Vanguard | 27,525,427 | 2.01% |
DWS Investments | 24,683,975 | 1.80% |
Storebrand Asset Management | 19,866,936 | 1.45% |
DNB Asset Management AS | 19,754,877 | 1.44% |
KLP Kapitalforvaltning AS | 16,080,851 | 1.18% |
Alfred Berg Kapitalforvaltning | 12,024,397 | 0.88% |
State Street Investment Management | 11,425,447 | 0.83% |
Nordea Funds | 8,841,086 | 0.65% |
Union Investment | 8,824,001 | 0.64% |
Arrowstreet Capital | 8,530,170 | 0.62% |
Deka Investments | 8,444,638 | 0.62% |
Quebec Deposit and Investment Fund (CDPQ) | 8,047,045 | 0.59% |
UBS Global Asset Management | 7,225,459 | 0.53% |
Danske Invest | 6,760,470 | 0.49% |
Geode Capital Management, LLC | 6,485,454 | 0.47% |
Aberdeen Investment Management | 6,119,796 | 0.45% |
Pyrford International | 6,052,919 | 0.44% |
The data is provided by Modular Finance and is obtained through an analysis of beneficial ownership and fund manager information provided in replies to disclosure of ownership notices issued to all custodians on the Telenor VPS share register. Every reasonable effort has been made to verify the data, however neither Telenor nor Modular Finance can guarantee the accuracy of the analysis.