A Huge Bank Doubled Down on NIO Stock. It Sold Intel, Salesforce, and Disney.


Inside Scoop

By Ed Lin

Oct 22, 2023, 8:00 am EDT



The asset manager of Norway’s largest bank just made big changes in its U.S.-traded stock portfolio, including more than doubling a position in a maker of electric vehicles, and selling off tech names that had strong runs in the first three quarters of 2023.

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