Norges Bank
EL icon

Norges Bank’s Estee Lauder EL Stock Holding History

Norges Bank’s Portfolio EL Stock Details EL Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2026
Q1 		– Sell
-2,949,886
Closed -$309M – 438
2025
Q4 		$309M Buy
+2,949,886
New +$286M 0.03% 415
2025
Q3 		– Sell
-2,347,314
Closed -$190M – 492
2025
Q2 		$190M Sell
2,347,314
-591,344
-20% -$38M 0.02% 498
2025
Q1 		$194M Sell
2,938,658
-412,954
-12% -$29.9M 0.03% 461
2024
Q4 		$251M Buy
3,351,612
+610,683
+22% +$48.2M 0.03% 413
2024
Q3 		$273M Sell
2,740,929
-258,140
-9% -$24.5M 0.04% 395
2024
Q2 		$319M Sell
2,999,069
-859,306
-22% -$113M 0.05% 329
2024
Q1 		$595M Buy
3,858,375
+309,830
+9% +$44M 0.09% 208
2023
Q4 		$519M Buy
3,548,545
+177,506
+5% +$23.6M 0.09% 210
2023
Q3 		$487M Buy
3,371,039
+138,959
+4% +$23.2M 0.1% 200
2023
Q2 		$635M Sell
3,232,080
-252,657
-7% -$53.6M 0.13% 162
2023
Q1 		$859M Buy
3,484,737
+26,313
+0.8% +$6.68M 0.19% 105
2022
Q4 		$858M Buy
3,458,424
+1,048,685
+44% +$234M 0.21% 100
2022
Q3 		$520M Buy
2,409,739
+64,373
+3% +$16.4M 0.14% 149
2022
Q2 		$597M Buy
2,345,366
+142,726
+6% +$36.2M 0.15% 136
2022
Q1 		$600M Sell
2,202,640
-117,009
-5% -$35.2M 0.13% 151
2021
Q4 		$859M Buy
2,319,649
+17,656
+0.8% +$5.99M 0.18% 105
2021
Q3 		$690M Sell
2,301,993
-57,725
-2% -$18.9M 0.15% 126
2021
Q2 		$751M Sell
2,359,718
-82,246
-3% -$24.9M 0.16% 118
2021
Q1 		$710M Buy
2,441,964
+125,470
+5% +$34.4M 0.16% 122
2020
Q4 		$617M Sell
2,316,494
-19,239
-0.8% -$4.63M 0.14% 134
2020
Q3 		$510M Buy
2,335,733
+22,791
+1% +$4.69M 0.14% 141
2020
Q2 		$436M Buy
2,312,942
+189,075
+9% +$33.8M 0.13% 158
2020
Q1 		$338M Sell
2,123,867
-22,588
-1% -$4.36M 0.12% 164
2019
Q4 		$443M Buy
2,146,455
+59,720
+3% +$11.6M 0.12% 170
2019
Q3 		$415M Buy
2,086,735
+1,066
+0.1% +$204K 0.13% 162
2019
Q2 		$382M Buy
2,085,669
+93,064
+5% +$15.9M 0.12% 174
2019
Q1 		$330M Buy
1,992,605
+195,631
+11% +$28.7M 0.11% 181
2018
Q4 		$234M Sell
1,796,974
-175,805
-9% -$23.9M 0.09% 220
2018
Q3 		$287M Buy
1,972,779
+162,172
+9% +$22.5M 0.09% 209
2018
Q2 		$258M Buy
1,810,607
+32,918
+2% +$4.87M 0.09% 225
2018
Q1 		$266M Buy
1,777,689
+87,773
+5% +$12.2M 0.1% 214
2017
Q4 		$215M Buy
1,689,916
+73,209
+5% +$8.79M 0.08% 263
2017
Q3 		$174M Buy
1,616,707
+445,249
+38% +$45.7M 0.07% 297
2017
Q2 		$112M Buy
1,171,458
+414,679
+55% +$38.1M 0.04% 401
2017
Q1 		$64.2M Sell
756,779
-385,466
-34% -$31.8M 0.03% 592
2016
Q4 		$87.4M Sell
1,142,245
-169,716
-13% -$13.8M 0.04% 465
2016
Q3 		$111M Sell
1,311,961
-272,618
-17% -$24.9M 0.05% 350
2016
Q2 		$144M Sell
1,584,579
-458,256
-22% -$42.8M 0.07% 281
2016
Q1 		$193M Hold
2,042,835
– – 0.09% 204
2015
Q4 		$180M Sell
2,042,835
-233,840
-10% -$19.9M 0.09% 216
2015
Q3 		$184M Hold
2,276,675
– – 0.1% 202
2015
Q2 		$197M Hold
2,276,675
– – 0.1% 199
2015
Q1 		$189M Buy
2,276,675
+37,638
+2% +$2.96M 0.09% 217
2014
Q4 		$171M Buy
2,239,037
+13,889
+0.6% +$1.03M 0.09% 227
2014
Q3 		$166M Sell
2,225,148
-2,225,148
-50% -$167M 0.09% 221
2014
Q2 		$330M Buy
4,450,296
+2,365,148
+113% +$174M 0.09% 222
2014
Q1 		$139M Buy
2,085,148
+485,646
+30% +$33.7M 0.08% 237
2013
Q4 		$120M Sell
1,599,502
-120,952
-7% -$8.76M 0.07% 273
2013
Q3 		$120M Sell
1,720,454
-51,929
-3% -$3.52M 0.07% 277
2013
Q2 		$117M Buy
+1,772,383
New +$121M 0.07% 265

Other funds holding EL

BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
VCM
Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM
Bank of America
Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return
VPM
Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
Eagle Capital Management (New York)
Eagle Capital Management (New York) New York $29.8B AUM 12.13% 1-Year Est. Return
Schroder Investment Management Group
Schroder Investment Management Group London, United Kingdom $122B AUM 29.27% 1-Year Est. Return
Bank of New York Mellon
Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return
IFP
Independent Franchise Partners London, United Kingdom $14.3B AUM 3.49% 1-Year Est. Return

Norges Bank's EL Position: Q1 2026 in Review

Norges Bank sold out of Estee Lauder (EL) in Q1 2026, closing a stake of 2,949,886 shares — an estimated $309M sold.

Norges Bank first reported a position in EL in Q2 2013 and held it in 50 quarters. The position peaked at $859M in Q1 2023. 831 funds tracked by Wall St. Rank hold EL as of Q1 2026.

  • Norges Bank reported no remaining Estee Lauder position as of Q1 2026 after selling out during the quarter.
  • Norges Bank sold 2,949,886 Estee Lauder shares in Q1 2026, an estimated $309M.
  • Norges Bank first reported a position in Estee Lauder in Q2 2013 and held it in 50 quarters.
  • Norges Bank's Estee Lauder position peaked at $859M in Q1 2023.
  • 831 funds tracked by Wall St. Rank held Estee Lauder as of Q1 2026.

Based on Norges Bank's 13F filing for Q1 2026.