Belden Inc.
US ˙ NYSE ˙ US0774541066

SecurityBDC / Belden Inc.
InstitutionNorges Bank
Latest Disclosed Ownership491,600 shares
Latest Disclosed Value $ 57,295,980
Norges Bank ownership in BDC / Belden Inc.

On February 10, 2026 - Norges Bank filed a 13F-HR form disclosing ownership of 491,600 shares of Belden Inc. (US:BDC) valued at $57,295,980 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 13, 2025 disclosing 0 shares of Belden Inc.. The current value of the position is $54,370,960 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-02-10 2025-12-31 13F BELDEN COM 077454106 491,600 491,600 57,296 0.0061
2025-11-13 2025-09-30 13F BELDEN COM 077454106 0 -481,898 -100.00 0 -100.00
2025-08-13 2025-06-30 13F BELDEN COM 077454106 481,898 -9,424 -1.92 55,804 13.29 0.0070
2026-05-11 2025-03-31 13F/A-1 BELDEN COM 077454106 491,322 10,305 2.14 49,255 -9.07 0.0069
2025-02-12 2024-12-31 13F BELDEN COM 077454106 481,017 28,882 6.39 54,167 2.28 0.0071
2025-11-12 2024-09-30 13F/A-1 BELDEN COM 077454106 452,135 -2,138 -0.47 52,959 24.29 0.0074
2024-08-14 2024-06-30 13F BELDEN COM 077454106 454,273 18,102 4.15 42,611 5.49 0.0064
2025-05-14 2024-03-31 13F/A-1 BELDEN COM 077454106 436,171 -22,124 -4.83 40,394 14.09 0.0064
2024-02-09 2023-12-31 13F BELDEN COM 077454106 458,295 -10,612 -2.26 35,403 -21.80 0.0062
2024-11-13 2023-09-30 13F/A-1 BELDEN COM 077454106 468,907 0 0.00 45,273 0.94 0.0092
2024-08-14 2023-06-30 13F/A-1 BELDEN COM 077454106 468,907 7,759 1.68 44,851 12.09 0.0089
2024-05-15 2023-03-31 13F/A-1 BELDEN COM 077454106 461,148 32,467 7.57 40,014 29.82 0.0088
2023-02-14 2022-12-31 13F BELDEN COM 077454106 428,681 173,873 68.24 30,822 101.54 0.0074
2023-11-13 2022-09-30 13F/A-1 BELDEN COM 077454106 254,808 -64,556 -20.21 15,294 -10.10 0.0041
2023-08-14 2022-06-30 13F/A-1 BELDEN COM 077454106 319,364 -115,238 -26.52 17,013 -29.34 0.0044
2023-05-12 2022-03-31 13F/A-1 BELDEN COM 077454106 434,602 330,019 315.56 24,077 250.25 0.0052
2022-03-09 2021-12-31 13F/A-1 BELDEN COM 077454106 104,583 -192,430 -64.79 6,874 -60.28 0.0014
2022-11-14 2021-09-30 13F/A-1 BELDEN COM 077454106 297,013 -68,989 -18.85 17,304 -6.51 0.0038
2022-08-15 2021-06-30 13F/A-1 BELDEN COM 077454106 366,002 -99,114 -21.31 18,509 -10.31 0.0040
2022-05-09 2021-03-31 13F/A-1 BELDEN COM 077454106 465,116 -115,020 -19.83 20,637 -15.10 0.0047
2021-03-02 2020-12-31 13F/A-1 BELDEN COM 077454106 580,136 -24,763 -4.09 24,308 29.13 0.0057
2021-11-12 2020-09-30 13F/A-1 BELDEN COM 077454106 604,899 19,009 3.24 18,824 -1.30 0.0050
2021-08-13 2020-06-30 13F/A-1 BELDEN COM 077454106 585,890 130,978 28.79 19,071 16.19 0.0055
2021-05-07 2020-03-31 13F/A-1 BELDEN COM 077454106 454,912 0 0.00 16,413 -34.40 0.0058
2020-03-03 2019-12-31 13F/A-1 BELDEN COM 077454106 454,912 0 0.00 25,020 3.11 0.0070
2020-11-13 2019-09-30 13F/A-1 BELDEN COM 077454106 454,912 0 0.00 24,265 -10.46 0.0074
2020-08-13 2019-06-30 13F/A-1 BELDEN COM 077454106 454,912 0 0.00 27,099 10.93 0.0084
2020-05-11 2019-03-31 13F/A-2 BELDEN COM 077454106 454,912 310,218 214.40 24,429 304.19 0.0079
2019-03-04 2018-12-31 13F/A-1 BELDEN COM 077454106 144,694 0 0.00 6,044 -41.51 0.0022
2019-12-02 2018-09-30 13F/A-3 BELDEN COM 077454106 144,694 0 0.00 10,333 16.84 0.0034
2019-12-02 2018-09-30 13F/A-2 BELDEN COM 077454106 144,694 0 10,333 0.0034
2019-11-12 2018-09-30 13F/A-1 BELDEN COM 077454106 144,694 0 10,333 0.0034
2019-08-12 2018-06-30 13F/A-1 BELDEN COM 077454106 144,694 -148,677 -50.68 8,844 -56.27 0.0030
2019-05-15 2018-03-31 13F/A-2 BELDEN COM 077454106 293,371 -213,639 -42.14 20,225 -48.31 0.0073
2018-03-05 2017-12-31 13F/A-1 BELDEN COM 077454106 507,010 -87,848 -14.77 39,126 -18.32 0.0140
2018-11-13 2017-09-30 13F/A-1 BELDEN COM 077454106 594,858 93,298 18.60 47,904 26.62 0.0182
2018-07-24 2017-06-30 13F/A-1 BELDEN COM 077454106 501,560 -45,705 -8.35 37,833 -0.08 0.0150
2018-05-11 2017-03-31 13F/A-1 BELDEN COM 077454106 547,265 108,478 24.72 37,865 15.41 0.0155
2017-03-02 2016-12-31 13F/A-1 BELDEN COM 077454106 438,787 83,996 23.67 32,808 40.34 0.0143
2017-11-13 2016-09-30 13F/A-1 BELDEN COM 077454106 354,791 -620 -0.17 23,378 8.96 0.0110
2017-08-09 2016-06-30 13F/A-1 BELDEN COM 077454106 355,411 12,400 3.62 21,456 1.91 0.0102
2017-05-10 2016-03-31 13F/A-1 BELDEN COM 077454106 343,011 46,187 15.56 21,054 48.76 0.0104
2016-04-18 2015-12-31 13F/A-2 BELDEN COM 077454106 296,824 0 0.00 14,153 2.12 0.0070
2016-03-16 2015-12-31 13F/A-1 BELDEN COM 077454106 296,824 0 14,153 0.0071
2016-11-14 2015-09-30 13F/A-2 BELDEN COM 077454106 296,824 0 0.00 13,859 -42.52 0.0073
2016-08-12 2015-06-30 13F/A-1 BELDEN COM 077454106 296,824 19,612 7.07 24,111 -7.04 0.0121
2016-05-13 2015-03-31 13F/A-1 BELDEN COM 077454106 277,212 -19,665 -6.62 25,936 10.85 0.0127
2015-03-19 2014-12-31 13F/A-1 BELDEN COM 077454106 296,877 0 23,397 0.0119
2016-04-18 2014-12-31 13F/A-2 BELDEN COM 077454106 296,877 0 0.00 23,397 23.10 0.0119
2015-11-12 2014-09-30 13F/A-1 BELDEN COM 077454106 296,877 -45,018 -13.17 19,006 -28.88 0.0103
2015-08-10 2014-06-30 13F/A-1 BELDEN COM 077454106 341,895 -20,000 -5.53 26,722 6.09 0.0144
2015-05-12 2014-03-31 13F/A-1 BELDEN COM 077454106 361,895 0 0.00 25,188 -1.20 0.0142
2014-03-07 2013-12-31 13F/A-1 BELDEN COM 077454106 361,895 -13,934 25,495 0.0156
2014-03-20 2013-12-31 13F/A-2 BELDEN COM 077454106 361,895 0 25,495 0.0150
2014-05-12 2013-12-31 13F/A-3 BELDEN COM 077454106 361,895 -13,934 -3.71 25,495 5.91 0.0147
2014-11-14 2013-09-30 13F/A-1 BELDEN COM 077454106 375,829 0 0.00 24,072 28.27 0.0140
2014-08-14 2013-06-30 13F/A-1 BELDEN COM 077454106 375,829 0 0.00 18,766 -3.32 0.0117
2014-04-04 2013-03-31 13F/A-1 BELDEN COM 077454106 375,829 0 19,411 0.0129
2014-05-12 2013-03-31 13F/A-2 BELDEN COM 077454106 375,829 0 0.00 19,411 40.05 0.0126
2013-11-14 2012-09-30 13F/A-1 BELDEN COM 077454106 375,829 0 0.00 13,860 14.77 0.0093
2013-08-15 2012-06-30 13F/A-1 BELDEN COM 077454106 375,829 375,829 12,076 0.0097
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.