FNORX Holdings List

As of Oct 31, 2024

No.	Symbol	Name	% Weight	Shares
1	CPH: NOVO.B	Novo Nordisk A/S	19.69%	582,900
2	NDA FI.HE	NORDEA BANK ABP	5.32%	1,509,444
3	STO: INVE.B	Investor AB (publ)	5.19%	609,500
4	ATCOB.ST	ATLAS COPCO AB SER B	4.86%	1,112,400
5	CPH: DSV	DSV A/S	4.07%	62,200
6	STO: ASSA.B	ASSA ABLOY AB (publ)	3.30%	349,400
7	STO: SAND	Sandvik AB (publ)	2.89%	489,000
8	STO: HEM	Hemnet Group AB (publ)	2.87%	303,400
9	n/a	Fidelity Revere Street Trust - Fidelity Cash Central Fund	2.86%	9,499,675
10	STO: ALFA	Alfa Laval AB (publ)	2.64%	199,100
11	CPH: TRYG	Tryg A/S	2.45%	345,983
12	STO: SAAB.B	Saab AB (publ)	2.45%	395,800
13	STO: INDT	Indutrade AB (publ)	2.44%	298,900
14	STO: EQT	EQT AB (publ)	2.43%	278,300
15	STO: LAGR.B	Lagercrantz Group AB (publ)	2.32%	394,353
16	OSL: EQNR	Equinor ASA	2.18%	305,000
17	OSL: DNB	DNB Bank ASA	2.18%	350,700
18	OSL: KOG	Kongsberg Gruppen ASA	2.10%	67,100
19	HEL: ELISA	Elisa Oyj	1.99%	138,500
20	CPH: VWS	Vestas Wind Systems A/S	1.96%	342,000
21	OSL: NHY	Norsk Hydro ASA	1.84%	983,300
22	STO: EVO	Evolution AB (publ)	1.78%	62,600
23	STO: TREL.B	Trelleborg AB (publ)	1.70%	170,200
24	HEL: SAMPO	Sampo Oyj	1.65%	123,900
25	STO: SAVE	Nordnet AB (publ)	1.63%	260,500
26	CPH: CARL.B	Carlsberg A/S	1.55%	46,500
27	STO: FNOX	Fortnox AB (publ)	1.19%	645,900
28	STO: SCA.B	Svenska Cellulosa Aktiebolaget SCA (publ)	1.17%	293,600
29	OSL: MOWI	Mowi ASA	1.15%	223,100
30	CPH: GMAB	Genmab A/S	1.01%	15,000
31	HEL: FORTUM	Fortum Oyj	0.99%	223,600
32	STO: HPOL.B	HEXPOL AB (publ)	0.87%	304,170
33	HEL: UPM	UPM-Kymmene Oyj	0.85%	96,400
34	STO: HAYPP	Haypp Group AB (publ)	0.78%	385,600
35	CPH: DEMANT	Demant A/S	0.68%	61,100
36	STO: BEIA.B	Beijer Alma AB (publ)	0.56%	116,500
37	OSL: NOD	Nordic Semiconductor ASA	0.54%	183,000
38	ALV	Autoliv, Inc.	0.50%	18,000
39	STO: BONEX	Bonesupport Holding AB (publ)	0.50%	53,100
40	STO: NOLA.B	Nolato AB (publ)	0.50%	318,900
41	STO: SUS	Surgical Science Sweden AB (publ)	0.44%	124,000
42	STO: RUSTA	Rusta AB (publ)	0.32%	160,300
43	STO: ELTEL	Eltel AB (publ)	0.32%	1,544,681
44	n/a	Fidelity Revere Street Trust - Fidelity Securities Lending Cash Central Fund	0.30%	983,786
45	OSL: SBO	Selvaag Bolig ASA	0.29%	321,200
46	OSL: TGS	TGS ASA	0.22%	79,300
47	STO: BETCO	Better Collective A/S	0.16%	40,100
48	STO: AXFO	Axfood AB (publ)	0.15%	23,000
49	STO: SLP.B	Swedish Logistic Property AB	0.15%	142,304

As of Oct 31, 2024

Asset Allocation

Asset Class	% Weight
Stocks	96.85%
Cash	3.15%

Sector Breakdown

Sector	% Weight
Health Care	20.35%
Financials	19.52%
Industrials	19.32%
Consumer Staples	9.36%
Energy	7.74%
Materials	5.53%
Other	5.26%
Information Technology	4.87%
Utilities	2.97%
Communication Services	2.65%
Consumer Discretionary	2.05%
Real Estate	0.38%

Country Breakdown

Sector	% Weight
Sweden	41.76%
Denmark	31.09%
Finland	15.65%
Norway	8.69%
United States	1.44%
Switzerland	0.94%
Other	0.43%