What's the percentage of all US stocks fund owns?
Updated: 1.3%
Edit: Oops, I misunderstood a question. Actually further in PDF they specify that US specifically is 39%, which is roughly 400 billion. If we go by this number of total capitalization of the US stocks being 30 trillion, then Norwegian oil fund owns 0.4/30 which is 1.3%
> North American stocks returned 14.6 percent and amounted to 41.4 percent of the equity portfolio.
That's to say 41% of their equities are North American stocks, not that they own 41% of all North American stocks!