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<strong>Government</strong> <strong>Pension</strong> <strong>Fund</strong> <strong>Global</strong> <strong>Holding</strong> <strong>of</strong> <strong>equities</strong> <strong>at</strong> <strong>31</strong> December 2011<br />

sector<br />

market value<br />

(noK)<br />

schneider electric sa industrials 3 940 422 566 2.14% 2.28%<br />

sCor se Financials 491 253 385 1.83% 1.83%<br />

seb sa Consumer Goods 282 877 098 0.85% 1.26%<br />

seche environnement sa industrials 12 277 938 0.45% 0.64%<br />

sechilienne-sidec utilities 41 504 779 1.72% 1.72%<br />

sequana sa basic m<strong>at</strong>erials 12 740 448 0.77% 0.77%<br />

ses sa Consumer services 713 164 294 0.99% 0.99%<br />

societe biC sa Consumer Goods 336 409 482 0.91% 1.32%<br />

societe de la tour eiffel Financials 42 712 4<strong>31</strong> 2.56% 2.56%<br />

societe d’edition de Canal + Consumer services 54 255 056 1.29% 1.29%<br />

societe Generale sa Financials 2 523 161 466 2.16% 2.44%<br />

societe immobiliere de loc<strong>at</strong>ion pour<br />

l’industrie et le Commerce Financials 175 789 613 1.73% 1.73%<br />

societe television Francaise 1 Consumer services 83 595 993 0.68% 0.68%<br />

sodexo Consumer services 1 163 025 648 1.29% 1.72%<br />

soiteC technology 92 629 704 2.34% 2.57%<br />

somfy sa industrials 12 356 547 0.08% 0.13%<br />

sopra Group sa technology 19 057 635 0.58% 0.58%<br />

spir Communic<strong>at</strong>ion Consumer services 9 458 973 0.55% 0.92%<br />

stmicroelectronics nv technology 511 971 783 1.58% 1.58%<br />

suez environnement Co utilities 700 974 913 1.99% 1.99%<br />

technicolor sa Consumer services 44 984 643 0.22% 0.22%<br />

technip sa oil & Gas 1 507 655 222 2.30% 2.41%<br />

teleperformance sa Consumer services 178 654 842 2.28% 2.37%<br />

thales sa industrials 327 926 698 0.66% 0.86%<br />

theolia sa utilities 28 583 327 3.33% 3.36%<br />

total sa oil & Gas 14 369 558 915 1.98% 1.99%<br />

trigano sa Consumer Goods 20 148 182 0.66% 1.05%<br />

ubisoFt entertainment Consumer Goods 95 053 910 2.22% 2.50%<br />

unibail-rodamco se Financials 1 699 885 892 1.72% 1.72%<br />

union Financiere de France bQe sa Financials 5 855 232 0.23% 0.23%<br />

valeo sa Consumer Goods 406 062 049 2.10% 2.16%<br />

vallourec sa industrials 997 912 479 2.11% 2.11%<br />

veolia environnement sa utilities 233 549 724 0.68% 0.68%<br />

viel et Co Financials 9 694 033 0.66% 0.66%<br />

vilmorin & Cie Consumer Goods 89 588 057 0.59% 0.91%<br />

vinci sa industrials 3 701 1<strong>31</strong> 604 2.50% 2.50%<br />

virbac sa Health Care 141 100 928 1.18% 1.74%<br />

vivendi sa Consumer services 3 593 702 583 2.20% 2.20%<br />

Wendel sa Financials 225 290 044 0.74% 1.12%<br />

Zodiac aerospace industrials 632 759 537 1.81% 2.20%<br />

gEORgiA<br />

bank <strong>of</strong> Georgia JsC Financials 56 645 699 2.33% 2.33%<br />

gERmANy<br />

aareal bank aG Financials 162 625 587 2.51% 2.51%<br />

adidas aG Consumer Goods 1 784 589 034 2.19% 2.19%<br />

air berlin PlC Consumer services 20 038 802 1.22% 1.22%<br />

aixtron se na technology 173 721 647 2.24% 2.24%<br />

allianz se Financials 5 370 260 394 2.06% 2.06%<br />

alstria <strong>of</strong>fice reit-aG Financials 96 996 943 1.90% 1.90%<br />

asian bamboo aG basic m<strong>at</strong>erials 71 257 1<strong>31</strong> 4.01% 4.01%<br />

aurubis aG basic m<strong>at</strong>erials <strong>31</strong>9 105 536 2.22% 2.22%<br />

axel springer aG Consumer services 241 729 595 0.95% 0.95%<br />

basF se basic m<strong>at</strong>erials 8 410 712 649 2.19% 2.19%<br />

bauer aG industrials 56 078 320 2.00% 2.00%<br />

bayer aG basic m<strong>at</strong>erials 6 585 680 177 2.08% 2.08%<br />

bayerische motoren Werke aG Consumer Goods 2 702 532 664 0.68% 1.20%<br />

bayWa aG Consumer Goods 88 6<strong>31</strong> 292 1.22% 1.22%<br />

bechtle aG technology 117 188 366 2.75% 2.75%<br />

beiersdorf aG Consumer Goods 514 022 184 0.60% 0.60%<br />

bilfinger berger se industrials 383 361 367 1.63% 1.63%<br />

biotest aG Health Care 407 320 0.00% 0.01%<br />

brenntag aG basic m<strong>at</strong>erials 465 210 883 1.62% 1.62%<br />

Carl Zeiss meditec aG Health Care 60 034 140 0.58% 0.58%<br />

C<strong>at</strong> oil aG oil & Gas 14 180 579 0.84% 0.84%<br />

Celesio aG Consumer services 207 346 374 1.29% 1.29%<br />

Centrosolar Group aG oil & Gas 3 959 342 1.93% 1.93%<br />

Centrotherm Photovoltaics aG oil & Gas 18 990 699 1.17% 1.17%<br />

Comdirect bank aG Financials 21 592 729 0.26% 0.26%<br />

Commerzbank aG Financials 742 687 191 1.44% 1.44%<br />

Constantin medien aG Consumer services 6 837 988 0.81% 0.81%<br />

Continental aG Consumer Goods 769 697 676 1.03% 1.03%<br />

Cropenergies aG oil & Gas 13 723 226 0.43% 0.43%<br />

Cts eventim aG industrials 74 238 664 0.86% 0.86%<br />

Dab bank aG Financials 4 932 221 0.23% 0.23%<br />

Daimler aG Consumer Goods 6 063 046 451 2.16% 2.16%<br />

Delticom aG Consumer Goods 76 412 047 1.25% 1.25%<br />

Demag Cranes aG industrials 9 593 212 0.12% 0.12%<br />

Deutsche bank aG Financials 4 883 903 028 2.30% 2.30%<br />

Deutsche beteiligungs aG Financials 21 434 532 1.30% 1.30%<br />

Deutsche boerse aG Financials 1 359 634 883 2.22% 2.22%<br />

Deutsche euroshop aG Financials 246 582 017 2.49% 2.49%<br />

Deutsche lufthansa aG Consumer services 345 861 847 1.06% 1.06%<br />

Deutsche Post aG industrials 1 802 3<strong>31</strong> 043 1.62% 1.62%<br />

Deutsche Postbank aG Financials 46 551 151 0.11% 0.11%<br />

Deutsche telekom aG telecommunic<strong>at</strong>ions 5 639 795 609 1.90% 1.90%<br />

Deutsche Wohnen aG Financials 199 445 183 2.45% 2.45%<br />

Deutz aG industrials 85 591 157 2.22% 2.22%<br />

Dialog semiconductor PlC technology 183 237 427 2.89% 2.89%<br />

DiC asset aG Financials 30 146 805 1.59% 1.59%<br />

Douglas <strong>Holding</strong> aG Consumer services 183 275 970 2.16% 2.16%<br />

voting<br />

ownership<br />

sector<br />

market value<br />

(noK)<br />

Draegerwerk aG & Co KGaa Health Care 98 610 573 0.98% 1.35%<br />

Duerr aG industrials 49 244 917 1.08% 1.08%<br />

e.on aG utilities 4 739 694 963 1.83% 1.83%<br />

elmos semiconductor aG technology 9 940 956 0.83% 0.83%<br />

elringKlinger aG Consumer Goods 112 658 834 1.20% 1.20%<br />

elster Group se industrials 85 439 285 0.98% 0.98%<br />

Fielmann aG Consumer services 151 592 340 0.63% 0.63%<br />

Fraport aG Frankfurt airport services<br />

Worldwide industrials 230 275 121 0.85% 0.85%<br />

Freenet aG telecommunic<strong>at</strong>ions 297 489 748 3.00% 3.00%<br />

Fresenius medical Care aG & Co KGaa Health Care 1 985 651 961 1.63% 1.61%<br />

Fresenius se & Co KGaa Health Care 1 614 006 809 1.79% 1.79%<br />

Fuchs Petrolub aG basic m<strong>at</strong>erials 324 <strong>31</strong>3 109 2.13% 1.86%<br />

GaGFaH sa Financials 51 503 499 0.75% 0.75%<br />

Gea Group aG industrials 712 526 558 2.29% 2.29%<br />

Generali Deutschland <strong>Holding</strong> aG Financials 21 534 302 0.09% 0.09%<br />

Gerry Weber intern<strong>at</strong>ional aG Consumer Goods 151 125 218 1.80% 1.80%<br />

GFK se Consumer services 65 530 054 0.76% 0.76%<br />

Gildemeister aG industrials 110 521 277 2.43% 2.43%<br />

Grenkeleasing aG industrials 15 409 670 0.37% 0.37%<br />

H&r aG basic m<strong>at</strong>erials 44 589 507 1.16% 1.16%<br />

Hamburger Hafen und logistik aG industrials 112 721 200 0.88% 0.88%<br />

Hannover rueckversicherung aG Financials 149 461 694 0.42% 0.42%<br />

HeidelbergCement aG industrials 1 324 874 820 2.78% 2.78%<br />

Heidelberger Druckmaschinen aG industrials 45 048 171 2.00% 2.00%<br />

Henkel aG & Co KGaa Consumer Goods 1 817 092 914 1.60% 1.35%<br />

Hochtief aG industrials 570 940 263 2.14% 2.14%<br />

Hugo boss aG Consumer Goods 168 172 788 0.00% 0.54%<br />

indus <strong>Holding</strong> aG industrials 20 535 004 0.63% 0.63%<br />

infineon technologies aG technology 909 362 407 1.86% 1.86%<br />

ivG immobilien aG Financials 86 535 022 2.56% 2.56%<br />

Jenoptik aG industrials 26 633 861 1.32% 1.32%<br />

Jungheinrich aG industrials 66 091 964 0.00% 1.32%<br />

K+s aG basic m<strong>at</strong>erials 666 532 150 1.29% 1.29%<br />

Kabel Deutschland <strong>Holding</strong> aG Consumer services 1 675 782 737 6.13% 6.13%<br />

KHD Humboldt Wedag intern<strong>at</strong>ional aG industrials 1 184 910 0.06% 0.06%<br />

Kloeckner & Co se basic m<strong>at</strong>erials 623 995 778 8.14% 8.14%<br />

Kontron aG industrials 54 810 348 2.51% 2.51%<br />

Krones aG industrials 103 870 970 1.15% 1.15%<br />

Ksb aG industrials 501 734 0.00% 0.01%<br />

KuKa aG industrials 83 003 563 2.23% 2.23%<br />

KWs sa<strong>at</strong> aG Consumer Goods <strong>31</strong> 480 963 0.40% 0.40%<br />

lanxess aG basic m<strong>at</strong>erials 1 552 241 687 6.02% 6.02%<br />

leoni aG industrials 207 014 905 3.18% 3.18%<br />

linde aG basic m<strong>at</strong>erials 2 063 487 926 1.36% 1.36%<br />

man se industrials 841 860 134 1.09% 1.09%<br />

manz aG oil & Gas 223 781 0.03% 0.03%<br />

merck KGaa Health Care 840 793 210 0.65% 0.65%<br />

metro aG Consumer services 692 461 565 0.98% 0.97%<br />

morphosys aG Health Care 84 057 741 2.68% 2.68%<br />

mtu aero engines <strong>Holding</strong> aG industrials 325 368 142 1.63% 1.63%<br />

muenchener rueckversicherungs aG Financials 2 646 194 576 2.01% 2.01%<br />

nordex se oil & Gas 27 447 225 1.22% 1.22%<br />

P<strong>at</strong>rizia immobilien aG Financials 10 091 381 0.73% 0.73%<br />

Pfeiffer vacuum technology aG industrials 118 9<strong>31</strong> 002 2.30% 2.30%<br />

Porsche automobil <strong>Holding</strong> se Consumer Goods 1 063 503 509 0.00% 1.08%<br />

Praktiker aG Consumer services 20 762 882 3.38% 3.38%<br />

Prosiebens<strong>at</strong>.1 media aG Consumer services 653 058 218 0.00% 2.73%<br />

Puma se Consumer Goods 238 029 419 0.91% 0.91%<br />

Q-Cells se oil & Gas 12 626 062 1.88% 1.62%<br />

QiaGen nv Health Care 422 918 063 2.19% 2.19%<br />

QsC aG technology 51 919 832 2.34% 2.34%<br />

r<strong>at</strong>ional aG industrials 127 060 874 0.86% 0.86%<br />

rheinmetall aG Consumer Goods 105 886 957 1.01% 1.01%<br />

rhoen Klinikum aG Health Care 171 506 953 1.09% 1.09%<br />

roth & rau aG industrials 8 922 840 0.40% 0.40%<br />

rWe aG utilities 2 755 360 654 2.28% 2.13%<br />

salzgitter aG basic m<strong>at</strong>erials 290 171 548 1.61% 1.61%<br />

saP aG technology 6 327 346 568 1.63% 1.63%<br />

sartorius aG industrials 24 <strong>31</strong>7 509 0.00% 0.47%<br />

sGl Carbon se industrials 325 059 804 1.61% 1.61%<br />

siemens aG industrials 11 405 186 618 2.18% 2.18%<br />

singulus technologies aG industrials 16 505 479 2.14% 2.14%<br />

sixt aG Consumer services 101 213 302 1.22% 2.00%<br />

sky Deutschland aG Consumer services 130 439 5<strong>31</strong> 1.69% 1.69%<br />

sma solar technology aG oil & Gas 140 101 555 1.21% 1.21%<br />

s<strong>of</strong>tware aG technology 354 929 776 1.85% 1.85%<br />

solar millennium aG oil & Gas 11 170 0.04% 0.04%<br />

solarworld aG oil & Gas 827 146 0.03% 0.03%<br />

stada arzneimittel aG Health Care 220 697 895 2.51% 2.51%<br />

sto aG industrials 28 448 065 0.00% 0.52%<br />

stroer out-<strong>of</strong>-Home media aG Consumer services 123 712 174 2.99% 2.99%<br />

suedzucker aG Consumer Goods 263 268 722 0.73% 0.73%<br />

symrise aG basic m<strong>at</strong>erials 407 263 993 2.16% 2.16%<br />

takkt aG Consumer services 16 501 737 0.38% 0.38%<br />

teleg<strong>at</strong>e aG industrials 3 017 <strong>31</strong>2 0.38% 0.38%<br />

thyssenKrupp aG industrials 2 226 373 064 3.15% 3.15%<br />

tui aG Consumer services 211 357 277 2.26% 2.26%<br />

united internet aG technology 291 522 175 1.27% 1.27%<br />

volkswagen aG Consumer Goods 3 830 864 998 0.22% 0.93%<br />

vossloh aG industrials 136 597 945 1.79% 1.79%<br />

Country associ<strong>at</strong>ion according to Ftse (the benchmark provider for <strong>equities</strong>). if a company is not in the benchmark, the country <strong>of</strong> incorpor<strong>at</strong>ion is listed. sector classific<strong>at</strong>ion according to iCb (the industry Classific<strong>at</strong>ion<br />

benchmark company).<br />

voting<br />

ownership<br />

HOLdiNgs<br />

13<br />

<strong>Government</strong> <strong>Pension</strong> FunD <strong>Global</strong> ANNUAL REPORT 2011

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