SCHEDULE: Norges Bank Holds 5.57% Stake in Digital Realty Trust

Norges Bank has reported a beneficial ownership of 5.5676% in Digital Realty Trust, Inc. as of June 30, 2026, maintaining its position as a significant institutional investor.

Summary

• Norges Bank, acting as an investment adviser, has disclosed its beneficial ownership of 19,565,016 shares of Digital Realty Trust, Inc. common stock.
• This holding represents 5.5676% of the class of securities.
• The filing indicates that Norges Bank has sole voting power over 19,362,846 shares and sole dispositive power over 19,290,135 shares.
• Shared dispositive power is held over 274,881 shares.
• The filing is made under Rule 13d-1(b) and certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, indicating a significant but stable institutional holding without immediate implications for control changes.

Positives

• Norges Bank, a major sovereign wealth fund, continues to hold a substantial stake in Digital Realty Trust, signaling confidence in the company's long-term prospects.
• The filing confirms a significant institutional holding, which can provide stability and credibility to the company's investor base.

Negatives

• No specific negative financial or operational information is presented in this Schedule 13G filing.

Risks

• The filing does not explicitly mention any new risks. However, as a large institutional holder, Norges Bank's investment decisions could be influenced by broader market risks affecting the real estate investment trust (REIT) sector or Digital Realty's specific operational challenges.

Future Outlook

This filing is a disclosure of ownership and does not contain forward-looking statements or guidance from Digital Realty Trust.

Management Comments

• Norges Bank certifies that the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities.
• Norges Bank also certifies that its foreign regulatory scheme is substantially comparable to functionally equivalent U.S. institutions.

Industry Context

StockSavvy.ai notes that Norges Bank's continued significant holding in Digital Realty Trust aligns with the trend of large, globally-focused institutional investors maintaining substantial positions in established REITs within the data center and digital infrastructure sector.

Comparison to Industry Standards

• As a Schedule 13G filing, it primarily reports ownership percentages. Direct comparison to industry standards for operational or financial performance is not applicable here. However, a 5.57% stake by a major sovereign wealth fund like Norges Bank is a significant holding, often seen as a sign of stability and long-term commitment within the REIT industry.

Stakeholder Impact

• Shareholders: The continued significant holding by Norges Bank may be viewed positively, suggesting stability and institutional support for the company's strategy.
• Creditors: A stable, large shareholder base can contribute to the company's financial stability, which is generally favorable for creditors.
• Management: The filing reinforces that Norges Bank is not seeking to influence control, allowing current management to operate without immediate pressure for a change in control.

Next Steps

• Norges Bank will continue to hold its shares in Digital Realty Trust.
• Norges Bank undertakes to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.

Key Dates

Keywords

Digital Realty Trust, Norges Bank, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, REIT