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The world's largest sovereign wealth fund (the Norwegian sovereign wealth fund) grew by 25% in one year to reach $ 1.04 billion at the end of 2018, compared to $ 831.5 million (3.1 billion riyals) in 2017 .
According to the analysis carried out by the report group of the newspaper "Economic" on the official database, the Fund's investment was distributed to 44 Saudi companies listed on the domestic stock market at the end of 2018, against 42 companies in 2017.
The 44 companies were split between 43 companies in the main market and one company (Lajam for Sport) on the parallel market (growth) for the first time in the fund, after the market was created on February 26, 2017.
The increase in investments in Saudi equities, although the Fund recorded a loss of its global investments in 2018 of -6.1% ($ 56.4 billion), is the first in seven years (since 2011 ), due to losses of 9.4% of its investments in international equities.
Investments in unlisted real estate rose by 7.5%, while fixed income investments rose by 0.6%.
The Fund lost 2.5% of its investments in 2011, with profits of 13.4% in 2012, 16% in 2013, 7.6% in 2014, 2.7% in 2015 and 6, 9%. 2016
In Saudi Arabia, the banking sector accounted for the largest portion of the Fund's investments (market value) with nine banks, totaling $ 459.6 million (RL 1.7 billion) at the end of 2018, or 44% of the total. the total value of the Fund's investments in Saudi companies.
Depending on the value of the investment or market value, Al Rajhi Bank and Samba Financial Group, the largest companies or banks in Saudi Arabia, where the Norwegian sovereign wealth fund invested at the end of 2018 , reached 139.4 million riyals (522.6 million riyals) and 119.1 million riyals (446.5 million riyals). .
Follow-up of the National Bank of Commerce valued at 38.3 million dollars (143.5 million riyals), Bupa Arabia with 66.2 million riyals (248.4 million riyals), First Bank and Bupa Arabia with 54.4 million riyals (204 million riyals) (176.9 million dollars).
The fund represents approximately $ 5 million (18.7 million riyals), or only 0.01% of the company.
According to the largest shares, Al Wala Insurance and Extra gained 4.39% and 4.01%, while the remaining shares of the Fund represented less than 4%.
The market capitalization of the fund was $ 960.8 billion at the end of 2018, down from $ 987.8 billion a year earlier.
The value of equity investments is $ 637.4 billion, while the value of non-publicly traded real estate investments is $ 28.6 billion and the market value of fixed income investments is $ 294.0. 8 billion.
The asset allocation of the Fund was as follows: 66.3% equity, 3% real estate and 30.7% fixed income.
* Economic Reporting Unit
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