Norway GPFG Financial Services holdings
Norway's Government Pension Fund Global holds 187 financial services companies worth $ 158.3B — 15.4% of its listed equity value — as of 8 September 2026.
Every position in this sector, largest first. Values are the fund's holding; ownership is the share of the company held.
| Company | Ticker | Country | Fund value (USD) | Fund value (NOK) | Ownership | Voting | Price | P/E | Market cap | Analyst rec |
|---|---|---|---|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc | BRK-B | United States | $ 11.8B | kr 116.4B | 0.59% | 1.71% | 504.25 | 12.68 | $ 1.1T | None |
| JPMorgan Chase & Co | JPM | United States | $ 11.7B | kr 115.4B | 1.34% | 1.34% | 355.76 | 15.24 | $ 945.7B | None |
| Visa Inc | V | United States | $ 7.4B | kr 72.9B | 1.19% | 1.29% | 368.54 | 31.39 | $ 688.1B | Strong Buy |
| HSBC Holdings PLC | HSBA.L | United Kingdom | $ 7.2B | kr 71.5B | 2.22% | 2.22% | 1574.80 | 15.14 | $ 269.8B | Hold |
| Mastercard Inc | MA | United States | $ 5.7B | kr 56.8B | 1.26% | 1.27% | 568.57 | 31.26 | $ 498.1B | Strong Buy |
| Bank of America Corp | BAC | United States | $ 4.7B | kr 46.5B | 1.16% | 1.16% | 62.65 | 14.47 | $ 438.1B | Buy |
| Wells Fargo & Co | WFC | United States | $ 4.5B | kr 44.9B | 1.79% | 1.79% | 88.58 | 12.87 | $ 267.9B | Buy |
| Royal Bank of Canada | RY.TO | Canada | $ 4.1B | kr 40.2B | 1.41% | 1.41% | 289.35 | 18.24 | $ 400.6B | Buy |
| Morgan Stanley | MS | United States | $ 3.7B | kr 36.8B | 1.13% | 1.13% | 217.92 | 17.59 | $ 342.3B | Buy |
| Allianz SE | ALV.DE | Germany | $ 3.3B | kr 32.3B | 1.81% | 1.81% | 445.40 | 14.62 | — | Buy |
| Lloyds Banking Group PLC | LLOY.L | United Kingdom | $ 2.8B | kr 27.8B | 3.27% | 3.27% | 112.10 | 14.01 | $ 64.9B | Buy |
| Citigroup Inc | C | United States | $ 2.7B | kr 26.3B | 1.13% | 1.13% | 137.59 | 14.83 | $ 230.8B | None |
| American Express Co | AXP | United States | $ 2.6B | kr 25.9B | 1.14% | 1.14% | 327.74 | 19.90 | $ 221.3B | Buy |
| Goldman Sachs Group Inc/The | GS | United States | $ 2.6B | kr 25.4B | 0.83% | 0.86% | 1038.64 | 16.03 | $ 302.4B | None |
| PNC Financial Services Group Inc/The | PNC | United States | $ 2.5B | kr 24.5B | 2.51% | 2.51% | 244.12 | 13.45 | $ 97.4B | Buy |
| NatWest Group PLC | NWG.L | United Kingdom | $ 2.5B | kr 24.3B | 3.48% | 3.48% | 696.40 | 9.29 | $ 55.3B | Buy |
| Toronto-Dominion Bank/The | TD.TO | Canada | $ 2.4B | kr 23.7B | 1.19% | 1.19% | 166.75 | 17.85 | $ 273.2B | Buy |
| Blackrock Inc | BLK | United States | $ 2.3B | kr 22.5B | 1.45% | 1.45% | 1104.56 | 26.46 | $ 179.5B | None |
| Charles Schwab Corp/The | SCHW | United States | $ 2.0B | kr 19.4B | 1.18% | 1.22% | 108.47 | 19.76 | $ 187.6B | Buy |
| Barclays PLC | BARC.L | United Kingdom | $ 1.8B | kr 17.4B | 1.94% | 1.94% | 498.05 | 10.38 | $ 66.8B | Buy |
| DBS Group Holdings Ltd | D05.SI | Singapore | $ 1.8B | kr 17.3B | 1.22% | 1.22% | 78.10 | 19.92 | $ 222.1B | Buy |
| Progressive Corp/The | PGR | United States | $ 1.7B | kr 17.3B | 1.37% | 1.37% | 215.25 | 10.81 | $ 125.1B | Hold |
| Bank of New York Mellon Corp/The | BK | United States | $ 1.7B | kr 16.6B | 1.71% | 1.71% | — | — | — | — |
| Capital One Financial Corp | COF | United States | $ 1.6B | kr 15.9B | 1.30% | 1.3% | 215.52 | 11.87 | $ 132.2B | Buy |
| Bank of Nova Scotia/The | BNS.TO | Canada | $ 1.6B | kr 15.6B | 1.48% | 1.48% | 128.42 | 16.79 | $ 156.5B | Hold |
| Arthur J Gallagher & Co | AJG | United States | $ 1.6B | kr 15.5B | 2.66% | 2.66% | 252.72 | 41.84 | $ 64.8B | Buy |
| Prudential PLC | PRU.L | United Kingdom | $ 1.6B | kr 15.4B | 4.65% | 4.65% | 1015.50 | 9.67 | $ 25.1B | Strong Buy |
| Bank of Montreal | BMO.TO | Canada | $ 1.5B | kr 15.1B | 1.24% | 1.24% | 243.19 | 19.84 | $ 169.0B | Hold |
| HDFC Bank Ltd | HDFCBANK.NS | India | $ 1.5B | kr 15.0B | 1.17% | 1.17% | 703.00 | 15.36 | $ 10.8T | Strong Buy |
| ICICI Bank Ltd | ICICIBANK.NS | India | $ 1.5B | kr 14.6B | 1.41% | 1.41% | 1399.40 | 18.09 | $ 10.0T | Strong Buy |
| S&P Global Inc | SPGI | United States | $ 1.5B | kr 14.6B | 1.19% | 1.19% | 432.03 | 26.33 | $ 127.4B | Strong Buy |
| London Stock Exchange Group PLC | LSEG.L | United Kingdom | $ 1.4B | kr 14.3B | 2.72% | 2.72% | 8716.00 | 31.35 | $ 42.1B | Strong Buy |
| Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | MUV2.DE | Germany | $ 1.3B | kr 12.5B | 1.79% | 1.79% | 502.40 | 9.35 | $ 63.2B | Hold |
| KKR & Co Inc | KKR | United States | $ 1.2B | kr 11.8B | 1.45% | 1.45% | 107.31 | 34.28 | $ 99.1B | Buy |
| Fifth Third Bancorp | FITB | United States | $ 1.2B | kr 11.7B | 2.32% | 2.32% | 54.67 | 18.41 | $ 49.6B | None |
| US Bancorp | USB | United States | $ 1.2B | kr 11.7B | 1.26% | 1.26% | 62.83 | 12.54 | $ 97.9B | Buy |
| Unum Group | UNM | United States | $ 1.2B | kr 11.7B | 8.30% | 8.3% | 94.64 | 21.96 | $ 15.0B | Buy |
| Brookfield Corp | BN.TO | Canada | $ 1.2B | kr 11.7B | 1.13% | 1.13% | 54.68 | 72.91 | $ 122.1B | Buy |
| Deutsche Boerse AG | DB1.DE | Germany | $ 1.1B | kr 11.2B | 2.22% | 2.22% | 280.10 | 24.13 | $ 50.5B | Buy |
| Canadian Imperial Bank of Commerce | CM.TO | Canada | $ 1.1B | kr 11.1B | 1.07% | 1.07% | 161.73 | 15.52 | $ 146.8B | Buy |
| Standard Chartered PLC | STAN.L | United Kingdom | $ 1.1B | kr 10.6B | 1.80% | 1.8% | 2292.00 | 14.69 | $ 50.0B | None |
| Chubb Ltd | CB | United States | $ 1.0B | kr 10.4B | 0.79% | 0.79% | 339.00 | 12.01 | $ 130.8B | None |
| Intercontinental Exchange Inc | ICE | United States | $ 1.0B | kr 10.1B | 1.47% | 1.47% | 159.07 | 22.40 | $ 89.3B | Strong Buy |
| Moody's Corp | MCO | United States | $ 1.0B | kr 10.0B | 1.29% | 1.29% | 482.26 | 30.64 | $ 83.5B | Buy |
| Robinhood Markets Inc | HOOD | United States | $ 999.0M | kr 9.9B | 1.11% | 0.53% | 120.99 | 53.54 | $ 108.8B | Buy |
| Apollo Global Management Inc | APO | United States | $ 976.1M | kr 9.7B | 1.48% | 1.48% | 133.77 | 47.60 | $ 79.0B | Buy |
| Marsh & McLennan Cos Inc | MMC | United States | $ 974.6M | kr 9.6B | 1.21% | 1.21% | — | — | — | — |
| CME Group Inc | CME | United States | $ 959.9M | kr 9.5B | 1.20% | 1.2% | 278.88 | 23.65 | $ 100.3B | Hold |
| Aon PLC | AON | United States | $ 914.5M | kr 9.0B | 1.29% | 1.29% | 320.37 | 17.67 | $ 68.0B | Buy |
| United Overseas Bank Ltd | U11.SI | Singapore | $ 888.6M | kr 8.8B | 1.75% | 1.75% | 41.60 | 14.44 | $ 68.7B | Hold |
| NU Holdings Ltd/Cayman Islands | NU | United States | $ 865.5M | kr 8.6B | 1.34% | 0.27% | 15.38 | 21.08 | $ 74.3B | Buy |
| Travelers Cos Inc/The | TRV | United States | $ 832.2M | kr 8.2B | 1.19% | 1.19% | 365.98 | 9.84 | $ 76.3B | None |
| Axis Bank Ltd | AXISBANK.NS | India | $ 819.0M | kr 8.1B | 1.85% | 1.85% | 1244.90 | 14.01 | $ 3.9T | Strong Buy |
| National Bank of Canada | NA.TO | Canada | $ 804.7M | kr 8.0B | 1.30% | 1.3% | 214.96 | 17.97 | $ 82.8B | Hold |
| Equitable Holdings Inc | EQH | United States | $ 792.6M | kr 7.8B | 5.99% | 5.99% | 52.45 | — | $ 14.3B | Strong Buy |
| 3i Group PLC | III.L | United Kingdom | $ 780.5M | kr 7.7B | 2.33% | 2.33% | 2789.00 | 5.18 | $ 28.4B | Buy |
| Deutsche Bank AG | DBK.DE | Germany | $ 768.1M | kr 7.6B | 1.19% | 1.19% | 35.75 | 10.87 | $ 67.2B | Buy |
| Oversea-Chinese Banking Corp Ltd | O39.SI | Singapore | $ 758.5M | kr 7.5B | 0.88% | 0.88% | 31.70 | 18.22 | $ 142.4B | Buy |
| Blackstone Inc | BX | United States | $ 721.4M | kr 7.1B | 0.50% | 0.78% | 134.75 | 30.15 | $ 161.1B | Buy |
| Everest Group Ltd | EG | United States | $ 686.5M | kr 6.8B | 4.97% | 4.97% | 372.56 | 7.88 | $ 14.3B | None |
| Arch Capital Group Ltd | ACGL | United States | $ 660.1M | kr 6.5B | 1.95% | 1.95% | 96.26 | 7.53 | $ 32.8B | Buy |
| Manulife Financial Corp | MFC.TO | Canada | $ 644.6M | kr 6.4B | 0.95% | 0.95% | 60.27 | 16.33 | $ 100.0B | Buy |
| Commerzbank AG | CBK.DE | Germany | $ 597.7M | kr 5.9B | 1.30% | 1.3% | 42.65 | 16.34 | $ 46.1B | Buy |
| Ameriprise Financial Inc | AMP | United States | $ 582.2M | kr 5.8B | 1.40% | 1.4% | 559.18 | 13.52 | $ 49.4B | None |
| Hartford Insurance Group Inc/The | HIG | United States | $ 573.5M | kr 5.7B | 1.58% | 1.58% | 136.61 | 9.44 | $ 37.0B | Buy |
| Huntington Bancshares Inc/OH | HBAN | United States | $ 542.9M | kr 5.4B | 1.52% | 1.52% | 16.85 | 12.96 | $ 34.0B | None |
| Kotak Mahindra Bank Ltd | KOTAKBANK.NS | India | $ 541.3M | kr 5.4B | 1.31% | 1.31% | 419.25 | 20.56 | $ 4.2T | Buy |
| MetLife Inc | MET | United States | $ 528.4M | kr 5.2B | 0.97% | 0.97% | 95.97 | 18.39 | $ 61.0B | Buy |
| Loews Corp | L | United States | $ 506.9M | kr 5.0B | 2.18% | 2.18% | 108.41 | 13.30 | $ 22.2B | None |
| Interactive Brokers Group Inc | IBKR | United States | $ 504.4M | kr 5.0B | 0.34% | 0.34% | 91.93 | 36.48 | $ 156.6B | Buy |
| Nasdaq Inc | NDAQ | United States | $ 503.7M | kr 5.0B | 1.13% | 1.13% | 95.51 | 27.85 | $ 53.4B | Buy |
| Sun Life Financial Inc | SLF.TO | Canada | $ 491.9M | kr 4.9B | 1.13% | 1.13% | 110.42 | 18.72 | $ 61.5B | Buy |
| Intact Financial Corp | IFC.TO | Canada | $ 486.1M | kr 4.8B | 1.33% | 1.33% | 260.98 | 14.51 | $ 46.0B | None |
| American International Group Inc | AIG | United States | $ 484.4M | kr 4.8B | 1.23% | 1.23% | 75.67 | 13.81 | $ 39.6B | Buy |
| M&T Bank Corp | MTB | United States | $ 470.1M | kr 4.7B | 1.36% | 1.36% | 240.79 | 12.74 | $ 34.8B | Hold |
| MSCI Inc | MSCI | United States | $ 458.6M | kr 4.5B | 1.12% | 1.12% | 555.57 | 30.39 | $ 40.4B | Strong Buy |
| Truist Financial Corp | TFC | United States | $ 442.3M | kr 4.4B | 0.73% | 0.73% | 51.09 | 11.74 | $ 62.4B | Hold |
| St James's Place PLC | STJ.L | United Kingdom | $ 416.3M | kr 4.1B | 5.00% | 5% | 1127.50 | 10.54 | $ 5.6B | Buy |
| Corebridge Financial Inc | CRBG | United States | $ 416.0M | kr 4.1B | 3.26% | 3.26% | 34.07 | 21.84 | $ 15.2B | Buy |
| State Bank of India | SBIN.NS | India | $ 413.0M | kr 4.1B | 0.41% | 0.41% | 1008.00 | 10.77 | $ 9.3T | Strong Buy |
| Citizens Financial Group Inc | CFG | United States | $ 409.8M | kr 4.1B | 1.38% | 1.38% | 70.34 | 15.32 | $ 29.6B | Buy |
| Coinbase Global Inc | COIN | United States | $ 407.6M | kr 4.0B | 1.06% | 0.27% | 181.14 | — | $ 47.8B | Buy |
| Beazley PLC | BEZ.L | United Kingdom | $ 397.0M | kr 3.9B | 3.86% | 3.86% | 1299.00 | 16.04 | $ 7.7B | Hold |
| Rocket Cos Inc | RKT | United States | $ 378.9M | kr 3.7B | 0.85% | 0.85% | 14.01 | — | $ 39.7B | Buy |
| Allstate Corp/The | ALL | United States | $ 370.0M | kr 3.7B | 0.60% | 0.6% | 255.80 | 5.12 | $ 64.7B | Hold |
| Admiral Group PLC | ADM.L | United Kingdom | $ 348.2M | kr 3.4B | 2.41% | 2.41% | 3856.00 | 17.69 | $ 11.5B | Buy |
| Pinnacle Financial Partners Inc | PNFP | United States | $ 346.5M | kr 3.4B | 2.27% | 2.27% | 101.63 | 14.00 | $ 15.4B | Buy |
| Willis Towers Watson PLC | WTW | United States | $ 339.8M | kr 3.4B | 1.38% | 1.38% | 326.24 | 20.23 | $ 30.3B | None |
| Rosebank Industries PLC | ROSE.L | United Kingdom | $ 338.8M | kr 3.4B | 7.80% | 7.8% | 337.00 | — | $ 3.3B | Strong Buy |
| Cboe Global Markets Inc | CBOE | United States | $ 334.8M | kr 3.3B | 1.32% | 1.32% | 293.85 | 22.90 | $ 30.7B | Hold |
| Shriram Finance Ltd | SHRIRAMFIN.NS | India | $ 318.1M | kr 3.1B | 1.23% | 1.23% | 1029.00 | 18.17 | $ 2.4T | Strong Buy |
| M&G PLC | MNG.L | United Kingdom | $ 305.9M | kr 3.0B | 2.84% | 2.84% | 355.90 | — | $ 8.6B | Hold |
| Aviva PLC | AV.L | United Kingdom | $ 305.3M | kr 3.0B | 1.18% | 1.18% | 719.60 | 42.33 | $ 21.5B | Buy |
| Bajaj Finance Ltd | BAJFINANCE.NS | India | $ 297.7M | kr 2.9B | 0.45% | 0.45% | 1054.10 | 32.39 | $ 6.6T | None |
| LPL Financial Holdings Inc | LPLA | United States | $ 294.7M | kr 2.9B | 1.32% | 1.32% | 348.46 | 27.94 | $ 27.4B | Buy |
| Legal & General Group PLC | LGEN.L | United Kingdom | $ 288.1M | kr 2.9B | 1.37% | 1.37% | 293.40 | 26.67 | $ 16.0B | Underperform |
| Hannover Rueck SE | HNR1.DE | Germany | $ 284.5M | kr 2.8B | 0.85% | 0.85% | 247.40 | 10.91 | $ 29.8B | Buy |
| Multi Commodity Exchange of India Ltd | MCX.NS | India | $ 254.3M | kr 2.5B | 3.33% | 3.33% | 3342.00 | 55.14 | — | Buy |
| ICICI Lombard General Insurance Co Ltd | ICICIGI.NS | India | $ 250.1M | kr 2.5B | 2.72% | 2.72% | 1484.40 | 30.68 | $ 741.6B | Buy |
| East West Bancorp Inc | EWBC | United States | $ 239.2M | kr 2.4B | 1.35% | 1.35% | 130.33 | 12.52 | $ 17.9B | Buy |
| Standard Life PLC | United Kingdom | $ 237.3M | kr 2.3B | 2.13% | 2.13% | — | — | — | — | |
| Hiscox Ltd | HSX.L | United Kingdom | $ 232.0M | kr 2.3B | 2.95% | 2.95% | 1875.00 | 13.39 | $ 6.0B | Buy |
| Cholamandalam Investment and Finance Co Ltd | CHOLAFIN.NS | India | $ 220.6M | kr 2.2B | 1.37% | 1.37% | 1823.40 | 26.96 | $ 1.6T | None |
| Circle Internet Group Inc | CRCL | United States | $ 216.1M | kr 2.1B | 1.39% | 1.07% | 97.69 | 19.58 | $ 26.6B | Buy |
| JTC PLC | JTC.L | United Kingdom | $ 204.4M | kr 2.0B | 6.66% | 6.66% | 1339.00 | 1339.00 | $ 2.3B | None |
| HDFC Asset Management Co Ltd | HDFCAMC.NS | India | $ 202.0M | kr 2.0B | 1.68% | 1.68% | 2447.30 | 35.69 | $ 1.0T | None |
| IG Group Holdings PLC | IGG.L | United Kingdom | $ 181.6M | kr 1.8B | 2.27% | 2.27% | 1340.00 | 12.76 | $ 4.4B | Buy |
| Assurant Inc | AIZ | United States | $ 176.9M | kr 1.8B | 1.33% | 1.33% | 284.60 | 13.62 | $ 14.0B | Strong Buy |
| IndusInd Bank Ltd | INDUSINDBK.NS | India | $ 173.4M | kr 1.7B | 2.28% | 2.28% | 997.70 | 58.79 | $ 777.3B | Hold |
| iA Financial Corp Inc | IAG.TO | Canada | $ 170.9M | kr 1.7B | 1.40% | 1.4% | 202.10 | 17.39 | $ 17.9B | None |
| Essent Group Ltd | ESNT | United States | $ 170.4M | kr 1.7B | 2.88% | 2.88% | 69.07 | 9.63 | $ 6.2B | None |
| Webster Financial Corp | WBS | United States | $ 168.7M | kr 1.7B | 1.36% | 1.36% | 77.57 | 12.63 | $ 12.6B | Hold |
| Singapore Exchange Ltd | S68.SI | Singapore | $ 168.6M | kr 1.7B | 0.85% | 0.85% | 24.90 | 38.31 | $ 26.7B | Hold |
| Lion Finance Group PLC | LIOF.L | United Kingdom | $ 162.2M | kr 1.6B | 2.50% | 2.5% | — | — | — | — |
| Piramal Finance Ltd | PIRAMALFINL.NS | India | $ 160.0M | kr 1.6B | 3.09% | 3.09% | — | — | — | — |
| Talanx AG | TLX.DE | Germany | $ 158.0M | kr 1.6B | 0.48% | 0.48% | 120.70 | 11.97 | $ 31.2B | None |
| Schroders PLC | SDR.L | United Kingdom | $ 152.6M | kr 1.5B | 1.22% | 1.22% | 585.50 | 13.31 | $ 9.1B | None |
| HDFC Life Insurance Co Ltd | HDFCLIFE.NS | India | $ 149.4M | kr 1.5B | 1.13% | 1.13% | 533.80 | 58.21 | $ 1.2T | Strong Buy |
| Stifel Financial Corp | SF | United States | $ 143.8M | kr 1.4B | 1.34% | 1.34% | 81.56 | 14.59 | $ 12.3B | Buy |
| Bajaj Finserv Ltd | BAJAJFINSV.NS | India | $ 136.5M | kr 1.4B | 0.45% | 0.45% | 1938.10 | 30.67 | $ 3.1T | None |
| 360 ONE WAM Ltd | 360ONE.NS | India | $ 126.0M | kr 1.2B | 2.73% | 2.73% | 1110.00 | 36.84 | $ 452.4B | Strong Buy |
| Western Alliance Bancorp | WAL | United States | $ 119.9M | kr 1.2B | 1.34% | 1.34% | 80.19 | 9.05 | $ 8.7B | None |
| XP Inc | XP | United States | $ 119.4M | kr 1.2B | 1.42% | 0.51% | 19.92 | 10.01 | $ 10.1B | Strong Buy |
| Columbia Banking System Inc | COLB | United States | $ 118.4M | kr 1.2B | 1.31% | 1.31% | 30.56 | 12.03 | $ 8.6B | Buy |
| SBI Life Insurance Co Ltd | SBILIFE.NS | India | $ 114.2M | kr 1.1B | 0.61% | 0.61% | 1696.60 | 65.30 | $ 1.7T | Strong Buy |
| Voya Financial Inc | VOYA | United States | $ 108.8M | kr 1.1B | 1.32% | 1.32% | 103.36 | 17.43 | $ 9.4B | Buy |
| AU Small Finance Bank Ltd | AUBANK.NS | India | $ 103.5M | kr 1.0B | 1.26% | 1.26% | 1073.70 | 28.48 | $ 804.2B | Buy |
| OSB Group PLC | OSB.L | United Kingdom | $ 102.9M | kr 1.0B | 4.37% | 4.37% | 509.00 | 6.79 | $ 1.7B | Buy |
| Axis Capital Holdings Ltd | AXS | United States | $ 102.0M | kr 1.0B | 1.29% | 1.29% | 99.78 | 7.11 | $ 7.3B | Buy |
| Prosperity Bancshares Inc | PB | United States | $ 98.5M | kr 974.5M | 1.34% | 1.34% | 72.13 | 12.50 | $ 8.7B | Buy |
| Tata Capital Ltd | TATACAP.NS | India | $ 90.5M | kr 895.3M | 0.55% | 0.55% | 368.05 | 28.75 | $ 1.6T | Buy |
| flatexDEGIRO SE | FTK.F | Germany | $ 90.4M | kr 894.2M | 1.91% | 1.91% | 35.66 | 19.38 | $ 3.8B | Buy |
| Max Financial Services Ltd | MFSL.NS | India | $ 89.4M | kr 884.8M | 1.55% | 1.55% | 1498.70 | 469.81 | $ 514.5B | Strong Buy |
| TBC Bank Group PLC | TBCG.L | United Kingdom | $ 86.2M | kr 852.5M | 2.63% | 2.63% | 5120.00 | 6.88 | $ 2.8B | None |
| ICICI Prudential Life Insurance Co Ltd | ICICIPRULI.NS | India | $ 83.8M | kr 829.6M | 1.12% | 1.12% | 469.30 | 40.35 | $ 680.9B | Buy |
| Star Health & Allied Insurance Co Ltd | STARHEALTH.NS | India | $ 83.4M | kr 825.4M | 2.28% | 2.28% | 572.10 | 50.27 | $ 336.6B | None |
| Bank OZK | OZK | United States | $ 83.0M | kr 821.8M | 1.45% | 1.45% | 49.54 | 8.17 | $ 5.4B | Hold |
| MGIC Investment Corp | MTG | United States | $ 80.0M | kr 791.6M | 1.34% | 1.34% | 30.88 | 9.65 | $ 6.3B | None |
| BSE Ltd | BSE.NS | India | $ 79.2M | kr 783.6M | 0.48% | 0.48% | 3394.00 | 49.49 | $ 1.4T | Hold |
| SBI Cards & Payment Services Ltd | SBICARD.NS | India | $ 77.2M | kr 764.3M | 1.30% | 1.3% | 668.00 | 27.97 | $ 635.7B | Hold |
| Lazard Inc | LAZ | United States | $ 77.1M | kr 763.4M | 1.65% | 1.65% | 44.51 | 21.93 | $ 4.3B | None |
| Bridgepoint Group PLC | BPT.L | United Kingdom | $ 75.4M | kr 745.8M | 2.46% | 2.46% | 306.80 | 102.27 | $ 2.7B | Buy |
| Power Finance Corp Ltd | PFC.NS | India | $ 72.2M | kr 714.5M | 0.49% | 0.49% | 355.90 | 4.51 | $ 1.2T | Strong Buy |
| Manappuram Finance Ltd | MANAPPURAM.NS | India | $ 71.9M | kr 711.9M | 2.24% | 2.24% | 325.00 | 19.84 | $ 305.3B | None |
| Radian Group Inc | RDN | United States | $ 70.2M | kr 694.5M | 1.40% | 1.4% | 36.40 | 8.99 | $ 4.8B | None |
| Federal Bank Ltd | FEDERALBNK.NS | India | $ 68.8M | kr 680.5M | 0.80% | 0.8% | 344.15 | 18.43 | $ 850.0B | Buy |
| LIC Housing Finance Ltd | LICHSGFIN.NS | India | $ 68.1M | kr 674.1M | 2.08% | 2.08% | 563.00 | 5.40 | $ 309.7B | Hold |
| Bandhan Bank Ltd | BANDHANBNK.NS | India | $ 67.2M | kr 664.6M | 1.93% | 1.93% | 171.58 | 20.47 | $ 276.4B | Hold |
| Home First Finance Co India Ltd | HOMEFIRST.NS | India | $ 66.7M | kr 660.0M | 5.30% | 5.3% | 1237.10 | 22.38 | $ 129.4B | Strong Buy |
| MarketAxess Holdings Inc | MKTX | United States | $ 65.0M | kr 642.9M | 1.61% | 1.61% | 163.35 | 19.31 | $ 5.7B | Hold |
| Piper Sandler Cos | PIPR | United States | $ 64.3M | kr 636.5M | 1.32% | 1.32% | 77.24 | 17.92 | $ 5.5B | None |
| Onex Corp | ONEX.TO | Canada | $ 64.0M | kr 633.5M | 1.12% | 1.12% | 110.95 | 11.93 | $ 8.5B | None |
| Jio Financial Services Ltd | JIOFIN.NS | India | $ 58.7M | kr 581.3M | 0.37% | 0.37% | 233.15 | 72.63 | $ 1.5T | None |
| ICICI Prudential Asset Management Co Ltd/India | India | $ 55.1M | kr 545.3M | 0.32% | 0.32% | — | — | — | — | |
| CreditAccess Grameen Ltd | CREDITACC.NS | India | $ 52.3M | kr 517.2M | 2.07% | 2.07% | 1417.10 | 18.80 | $ 227.1B | None |
| PB Fintech Ltd | POLICYBZR.NS | India | $ 51.7M | kr 511.4M | 0.65% | 0.65% | 1826.00 | 113.21 | $ 843.7B | Buy |
| WSFS Financial Corp | WSFS | United States | $ 51.2M | kr 506.4M | 1.30% | 1.3% | 78.90 | 13.24 | $ 4.1B | None |
| Muthoot Finance Ltd | MUTHOOTFIN.NS | India | $ 50.6M | kr 500.9M | 0.40% | 0.4% | 2899.70 | 10.23 | $ 1.2T | None |
| Georgia Capital PLC | CGEO.L | United Kingdom | $ 50.0M | kr 495.1M | 2.65% | 2.65% | 4465.00 | 3.28 | $ 1.4B | None |
| Aditya Birla Sun Life Asset Management Co Ltd | ABSLAMC.NS | India | $ 49.1M | kr 485.8M | 1.39% | 1.39% | 1037.80 | 29.82 | $ 300.3B | None |
| DWS Group GmbH & Co KGaA | DWS.DE | Germany | $ 49.0M | kr 484.6M | 0.33% | 0.33% | 78.00 | 15.32 | $ 15.6B | Buy |
| REC Ltd | RECLTD.NS | India | $ 48.5M | kr 479.6M | 0.48% | 0.48% | 317.85 | 5.23 | — | Buy |
| Aptus Value Housing Finance India Ltd | APTUS.NS | India | $ 46.9M | kr 464.0M | 3.18% | 3.18% | 256.96 | 13.08 | $ 128.7B | Strong Buy |
| Go Digit General Insurance Ltd | GODIGIT.NS | India | $ 45.1M | kr 446.6M | 1.43% | 1.43% | 259.15 | 48.80 | $ 239.6B | None |
| Yes Bank Ltd | YESBANK.NS | India | $ 40.1M | kr 397.2M | 0.50% | 0.5% | 22.52 | 18.77 | $ 706.9B | Underperform |
| Mahindra & Mahindra Financial Services Ltd | M&MFIN.NS | India | $ 36.8M | kr 364.5M | 0.79% | 0.79% | 374.35 | 15.96 | $ 520.2B | Buy |
| RBL Bank Ltd | RBLBANK.NS | India | $ 35.8M | kr 354.5M | 0.59% | 0.59% | 418.50 | 34.53 | $ 649.1B | Buy |
| Sundaram Finance Ltd | SUNDARMFIN.NS | India | $ 34.8M | kr 344.7M | 0.66% | 0.66% | 4712.70 | 23.39 | $ 519.4B | None |
| Union Bank of India Ltd | UNIONBANK.NS | India | $ 32.9M | kr 325.3M | 0.24% | 0.24% | 183.22 | 6.78 | $ 1.4T | Buy |
| IDFC First Bank Ltd | IDFCFIRSTB.NS | India | $ 31.3M | kr 309.5M | 0.43% | 0.43% | 86.50 | 33.40 | $ 745.8B | Buy |
| Bajaj Holdings & Investment Ltd | BAJAJHLDNG.NS | India | $ 29.8M | kr 295.3M | 0.24% | 0.24% | 11046.00 | 13.89 | $ 1.2T | None |
| Bank of Baroda | BANKBARODA.NS | India | $ 29.7M | kr 293.7M | 0.20% | 0.2% | 236.60 | 6.74 | $ 1.2T | Buy |
| Aavas Financiers Ltd | AAVAS.NS | India | $ 29.2M | kr 289.2M | 2.29% | 2.29% | 1293.50 | 15.00 | $ 102.6B | None |
| Five-Star Business Finance Ltd | FIVESTAR.NS | India | $ 28.8M | kr 285.4M | 1.83% | 1.83% | 524.15 | 14.01 | $ 154.7B | None |
| Billionbrains Garage Ventures Ltd | India | $ 28.4M | kr 281.2M | 0.21% | 0.21% | — | — | — | — | |
| PNB Housing Finance Ltd | PNBHOUSING.NS | India | $ 18.9M | kr 187.5M | 0.66% | 0.66% | 1167.10 | 13.16 | $ 304.4B | None |
| Cholamandalam Financial Holdings Ltd | CHOLAHLDNG.NS | India | $ 18.4M | kr 182.4M | 0.56% | 0.56% | 1526.20 | 10.73 | $ 286.6B | None |
| Nuvama Wealth Management Ltd | NUVAMA.NS | India | $ 17.4M | kr 172.2M | 0.50% | 0.5% | 1836.40 | 31.52 | $ 338.7B | None |
| Yangzijiang Maritime Development Ltd | 8YZ.SI | Singapore | $ 15.8M | kr 156.2M | 0.99% | 0.99% | 0.58 | 14.63 | $ 2.0B | None |
| Pensionbee Group PLC | PBEE.L | United Kingdom | $ 15.6M | kr 153.9M | 3.77% | 3.77% | 137.50 | 34.38 | $ 328.4M | None |
| Rocket Internet SE | RKET.DE | Germany | $ 14.4M | kr 142.8M | 0.71% | 0.71% | — | — | — | — |
| Vanquis Banking Group PLC | VANQ.L | United Kingdom | $ 12.5M | kr 123.8M | 3.15% | 3.15% | 76.90 | 25.63 | $ 192.5M | None |
| IIFL Finance Ltd | IIFL.NS | India | $ 9.4M | kr 93.1M | 0.41% | 0.41% | 628.00 | 12.80 | $ 267.1B | Strong Buy |
| UTI Asset Management Co Ltd | UTIAMC.NS | India | $ 7.0M | kr 69.0M | 0.55% | 0.55% | 900.45 | 25.17 | $ 115.7B | None |
| Can Fin Homes Ltd | CANFINHOME.NS | India | $ 5.8M | kr 57.2M | 0.47% | 0.47% | 797.60 | 9.40 | $ 106.2B | None |
| Edelweiss Financial Services Ltd | EDELWEISS.NS | India | $ 4.9M | kr 48.2M | 0.40% | 0.4% | 138.80 | 18.63 | $ 131.4B | None |
| RHT Health Trust | RHT.SI | Singapore | $ 9.6K | kr 95.2K | 1.53% | 1.53% | — | — | — | — |