Norges Bank’s Enbridge ENB Stock Holding History

Norges Bank’s Portfolio ENB Stock Details ENB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-24,983,734	Closed	-$1.2B	–	446
2025 Q4	$1.2B	Buy	+24,983,734	New	+$1.19B	0.13%	130
2025 Q3	–	Sell	-24,536,971	Closed	-$1.11B	–	501
2025 Q2	$1.11B	Buy	24,536,971 +2,575,035	+12%	+$117M	0.14%	137
2025 Q1	$972M	Buy	21,961,936 +507,698	+2%	+$22.1M	0.14%	145
2024 Q4	$909M	Buy	21,454,238 +634,567	+3%	+$26.6M	0.12%	157
2024 Q3	$846M	Buy	20,819,671 +56,212	+0.3%	+$2.17M	0.12%	165
2024 Q2	$739M	Buy	20,763,459 +495,568	+2%	+$17.7M	0.11%	176
2024 Q1	$733M	Buy	20,267,891 +416,314	+2%	+$14.8M	0.12%	177
2023 Q4	$715M	Sell	19,851,577 -723,130	-4%	-$24.4M	0.12%	162
2023 Q3	$682M	Buy	20,574,707 +804,664	+4%	+$28.6M	0.14%	148
2023 Q2	$735M	Buy	19,770,043 +707,287	+4%	+$27M	0.15%	137
2023 Q1	$727M	Buy	19,062,756 +558,388	+3%	+$21.9M	0.16%	123
2022 Q4	$723M	Buy	18,504,368 +743,862	+4%	+$29.1M	0.17%	118
2022 Q3	$658M	Buy	17,760,506 +421,265	+2%	+$17.8M	0.17%	106
2022 Q2	$732M	Sell	17,339,241 -63,482	-0.4%	-$2.83M	0.19%	97
2022 Q1	$801M	Buy	17,402,723 +105,828	+0.6%	+$4.53M	0.17%	106
2021 Q4	$676M	Sell	17,296,895 -176,578	-1%	-$7.08M	0.14%	139
2021 Q3	$695M	Sell	17,473,473 -223,496	-1%	-$8.81M	0.15%	124
2021 Q2	$708M	Sell	17,696,969 -1,944,730	-10%	-$75.3M	0.15%	131
2021 Q1	$715M	Buy	19,641,699 +1,434,047	+8%	+$50.4M	0.16%	121
2020 Q4	$582M	Sell	18,207,652 -777,289	-4%	-$23.6M	0.14%	146
2020 Q3	$554M	Buy	18,984,941 +98,507	+0.5%	+$3.1M	0.15%	127
2020 Q2	$574M	Buy	18,886,434 +130,147	+0.7%	+$4M	0.17%	114
2020 Q1	$547M	Hold	18,756,287	–	–	0.19%	102
2019 Q4	$746M	Hold	18,756,287	–	–	0.21%	91
2019 Q3	$659M	Buy	18,756,287 +209,514	+1%	+$7.25M	0.2%	92
2019 Q2	$671M	Buy	18,546,773 +1,795	+0%	+$65.4K	0.21%	91
2019 Q1	$672M	Buy	18,544,978 +741,360	+4%	+$26.7M	0.22%	91
2018 Q4	$553M	Buy	17,803,618 +1,319,464	+8%	+$42.4M	0.21%	93
2018 Q3	$532M	Buy	16,484,154 +201,325	+1%	+$7.03M	0.17%	117
2018 Q2	$582M	Buy	16,282,829 +325,666	+2%	+$10.3M	0.2%	95
2018 Q1	$502M	Sell	15,957,163 -28,103	-0.2%	-$984K	0.18%	110
2017 Q4	$627M	Buy	15,985,266 +305,377	+2%	+$11.7M	0.22%	94
2017 Q3	$654M	Buy	15,679,889 +498,907	+3%	+$20.3M	0.25%	77
2017 Q2	$608M	Buy	15,180,982 +1,753,389	+13%	+$70.6M	0.24%	83
2017 Q1	$561M	Buy	13,427,593 +5,354,617	+66%	+$226M	0.23%	82
2016 Q4	$340M	Buy	8,072,976 +143,251	+2%	+$6.11M	0.15%	136
2016 Q3	$332M	Sell	7,929,725 -22,059	-0.3%	-$925K	0.16%	121
2016 Q2	$335M	Buy	7,951,784 +650,293	+9%	+$26.5M	0.16%	126
2016 Q1	$285M	Buy	7,301,491 +730,753	+11%	+$25M	0.14%	141
2015 Q4	$218M	Buy	6,570,738 +88,748	+1%	+$3.34M	0.11%	174
2015 Q3	$240M	Buy	6,481,990 +84,364	+1%	+$3.52M	0.13%	162
2015 Q2	$299M	Sell	6,397,626 -14,556	-0.2%	-$723K	0.15%	130
2015 Q1	$309M	Buy	6,412,182 +51,013	+0.8%	+$2.45M	0.15%	133
2014 Q4	$328M	Sell	6,361,169 -990,957	-13%	-$46.7M	0.17%	121
2014 Q3	$353M	Sell	7,352,126 -7,418,204	-50%	-$366M	0.19%	103
2014 Q2	$702M	Buy	14,770,330 +7,400,996	+100%	+$351M	0.19%	106
2014 Q1	$335M	Sell	7,369,334 -331,447	-4%	-$14.3M	0.19%	107
2013 Q4	$336M	Sell	7,700,781 -17,703	-0.2%	-$747K	0.19%	104
2013 Q3	$323M	Sell	7,718,484 -162,171	-2%	-$6.91M	0.19%	106
2013 Q2	$330M	Buy	+7,880,655	New	+$355M	0.21%	99

Other funds holding ENB

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

GQG Partners Ft. Lauderdale, Florida $63.1B AUM 23.07% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return

TD Asset Management Toronto, Ontario, Canada $123B AUM 34.51% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $303B AUM 30.15% 1-Year Est. Return

1832 Asset Management Toronto, Ontario, Canada $109B AUM 35.56% 1-Year Est. Return

CIBC World Market Toronto, Ontario, Canada $61.3B AUM 39.33% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Mackenzie Financial Toronto Ontario, Ontario, Canada $83.3B AUM 31.19% 1-Year Est. Return

Norges Bank's ENB Position: Q1 2026 in Review

Norges Bank sold out of Enbridge (ENB) in Q1 2026, closing a stake of 24,983,734 shares — an estimated $1.2B sold.

Norges Bank first reported a position in ENB in Q2 2013 and held it in 50 quarters. The position peaked at $1.2B in Q4 2025. 1,499 funds tracked by Wall St. Rank hold ENB as of Q1 2026.

Norges Bank reported no remaining Enbridge position as of Q1 2026 after selling out during the quarter.
Norges Bank sold 24,983,734 Enbridge shares in Q1 2026, an estimated $1.2B.
Norges Bank first reported a position in Enbridge in Q2 2013 and held it in 50 quarters.
Norges Bank's Enbridge position peaked at $1.2B in Q4 2025.
1,499 funds tracked by Wall St. Rank held Enbridge as of Q1 2026.

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