Norges Bank’s Sapiens International SPNS Stock Holding History

Norges Bank’s Portfolio SPNS Stock Details SPNS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-45,728	Closed	-$1.34M	–	1339
2025 Q2	$1.34M	Hold	45,728	–	–	﹤0.01%	1493
2025 Q1	$1.24M	Hold	45,728	–	–	﹤0.01%	1594
2024 Q4	$1.24M	Hold	45,728	–	–	﹤0.01%	1739
2024 Q3	$1.7M	Hold	45,728	–	–	﹤0.01%	1676
2024 Q2	$1.53M	Buy	+45,728	New	+$1.49M	﹤0.01%	1766
2023 Q4	–	Sell	-33,260	Closed	-$956K	–	2003
2023 Q3	$956K	Sell	33,260 -12,127	-27%	-$347K	﹤0.01%	1893
2023 Q2	$1.2M	Buy	+45,387	New	+$1.07M	﹤0.01%	1914
2022 Q2	–	Sell	-23,949	Closed	-$609K	–	2160
2022 Q1	$609K	Hold	23,949	–	–	﹤0.01%	2088
2021 Q4	$834K	Hold	23,949	–	–	﹤0.01%	2123
2021 Q3	$694K	Sell	23,949 -35,702	-60%	-$977K	﹤0.01%	2178
2021 Q2	$1.6M	Sell	59,651 -32,290	-35%	-$954K	﹤0.01%	2046
2021 Q1	$2.9M	Sell	91,941 -30,306	-25%	-$983K	﹤0.01%	1963
2020 Q4	$3.78M	Hold	122,247	–	–	﹤0.01%	1898
2020 Q3	$13.1M	Sell	122,247 -76,441	-38%	-$2.34M	﹤0.01%	1630
2020 Q2	$18.4M	Hold	198,688	–	–	0.01%	1480
2020 Q1	$13.7M	Hold	198,688	–	–	﹤0.01%	1475
2019 Q4	$15.5M	Buy	198,688 +13,025	+7%	+$282K	﹤0.01%	1661
2019 Q3	$3.49M	Buy	+185,663	New	+$3.24M	﹤0.01%	1949

Other funds holding SPNS

Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

HBK Investments Dallas, Texas $9.85B AUM 55.6% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

NTCM

Nine Ten Capital Management Chicago, Illinois $315M AUM 62.95% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Citigroup New York $235B AUM 32.99% 1-Year Est. Return

SFM

Soros Fund Management New York $9.12B AUM 30.69% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

Norges Bank's SPNS Position: Q3 2025 in Review

Norges Bank sold out of Sapiens International (SPNS) in Q3 2025, closing a stake of 45,728 shares — an estimated $1.34M sold.

Norges Bank first reported a position in SPNS in Q3 2019 and held it in 18 quarters. The position peaked at $18.4M in Q2 2020. 166 funds tracked by Wall St. Rank hold SPNS as of Q3 2025.

Norges Bank reported no remaining Sapiens International position as of Q3 2025 after selling out during the quarter.
Norges Bank sold 45,728 Sapiens International shares in Q3 2025, an estimated $1.34M.
Norges Bank first reported a position in Sapiens International in Q3 2019 and held it in 18 quarters.
Norges Bank's Sapiens International position peaked at $18.4M in Q2 2020.
166 funds tracked by Wall St. Rank held Sapiens International as of Q3 2025.

Based on Norges Bank's 13F filing for Q3 2025.