The active portfolio of the KFX Index comprises the 21 most active shares:
Name Isin No.
of shares Difference
compared with previous portfolio
Carlsberg B
DK0010181759
42,579,151
0
Coloplast B
DK0010309657
44,400,000
0
Danske Bank
DK0010274414
672,265,752
-39,410,097
Danisco
DK0010207497
51,068,552
0
DSV
DK0010262914
21,061,122
224,330
Falck
DK0010305317
88,862,400
0
GN Store Nord
DK0010272632
219,775,063
0
Group 4 Securicor
GB00B01FLG62
433,496,851
-222,337,537
ISS
DK0010267046
47,335,000
3,025,106
Jyske Bank
DK0010307958
68,000,000
-4,000,000
Københavns
Lufthavne
DK0010201102
8,330,000
-770,000
H. Lundbeck
DK0010287234
233,741,985
0
A.P. Møller -
Mærsk A
DK0010244425
2,197,800
0
A.P. Møller -
Mærsk B
DK0010244508
2,197,800
0
Nordea Bank
SE0000427361
307,225,546
-51,350,522
Novo Nordisk B
DK0010280817
300,950,560
0
Novozymes B
DK0010272129
61,851,280
-2,838,832
TDC
DK0010253335
216,459,540
0
Topdanmark
DK0010259530
21,925,369
-1,534,674
Vestas Wind Systems
DK0010268606
174,911,173
0
William Demant
Holding
DK0010268440
67,514,816
-2,779,137
The difference in the number of shares between the new and the old portfolio is due to the fact that we adjust for market price issues in the past period at the biannual review of the KFX Index.
The KFX Index is thus a ‘locked’ portfolio, which can only be adjusted during the period when issues result in a dilution of the share price. Please note that in the table the ‘foreign’ shares Group 4 Securicor and Nordea Bank have been adjusted on the basis of number of shares registered with VP Securities Services. Thus, there is no reduction in the listed capital of Group 4 Securicor and merely a small reduction in the listed capital of Nordea Bank.
As regards the remaining shares, the reduction in the number of listed shares is primarily due to the fact that the companies have launched a number of buy back schemes during the selection period.
