According to the SEC form published on Monday, the Norwegian Norges Bank sold its position on NIO dumping a total of 13,749,756 shares during the first quarter of 2022. As reported in March, Norway Central Bank had bought 3,237,003 shares in the last quarter of 2021. At the time, the buy represented an increase of 30.8 percent from the 10,512,753 shares the bank was holding by the end of the third quarter.
|September 20, 2021||10,512,753||—|
|December 31, 2021||13,749,756||+30.8%|
|March 31, 2022||0||-100%|
Norges Bank is the central bank of Norway and manages the Government Pension Fund Global of Norway — the Oil Fund which is credited with being the world’s largest sovereign fund.
As reported by EV, Baillie Gifford & Co filed, on May 5, a new 13F form disclosing ownership of 173,597,921 shares of NIO by the end of Q1 2022, meaning that added 84,739,556 shares during the first quarter of 2022.
As of May 9, NIO has 788 institutional owners and shareholders holding a total of 670,705,982 shares. The largest shareholders include Baillie Gifford & Co, BlackRock, Vanguard Group, State Street Corp, VWIGX, Susquehanna International Group, and Goldman Sachs Group.