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What's the percentage of all US stocks fund owns?

• anthonybsd 7y ago
  https://www.nbim.no/contentassets/d3a372eb9d234e57a07caaf0f35cef67/spu_1q_19_web.pdf https://www.nbim.no/contentassets/d3a372eb9d234e57a07caaf0f3... Updated: 1.3% Edit: Oops, I misunderstood a question. Actually further in PDF they specify that US specifically is 39%, which is roughly 400 billion. If we go by this number of total capitalization of the US stocks being 30 trillion, then Norwegian oil fund owns 0.4/30 which is 1.3%
  • drawnwren 7y ago
    That's the percentage of the fund that is invested in US stocks. It is not the percentage of stocks that the fund holds.
  • ldite 7y ago
    The quote is: > North American stocks returned 14.6 percent and amounted to 41.4 percent of the equity portfolio. That's to say 41% of their equities are North American stocks, not that they own 41% of all North American stocks!
    • isostatic 7y ago
      41% of all US stocks would be about $13 Trillion