19.09.2013 - Norway’s sovereign fund increases tech stock holdings
In a pair of recent SEC filings, Norges Bank Investment Management (NBIM), the institutional investor in charge of Norway’s sovereign wealth fund, has significantly increased ownership in two technology companies: Itron Inc. and GT Advanced Technologies Inc. According to an amended 13G filing made on September 12th, 2013, Norges Bank upped its stake in Itron Inc. to 1,956,728 shares, representing a nearly one million share increase according to a second quarter filing. The aggregate value of the shares totaled US$ 37,683,000 in June of 2013 and nearly US$ 76,980,000 on the date of the purchase on September 11th, 2013..............................................Full Article: Source
Print