Norges Bank’s International Bancshares IBOC Stock Holding History

Norges Bank’s Portfolio IBOC Stock Details IBOC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-686,300	Closed	-$45.6M	–	656
2025 Q4	$45.6M	Buy	+686,300	New	+$46.5M	﹤0.01%	1051
2025 Q3	–	Sell	-674,019	Closed	-$44.9M	–	735
2025 Q2	$44.9M	Buy	674,019 +13,890	+2%	+$867K	0.01%	994
2025 Q1	$41.6M	Buy	660,129 +28,201	+4%	+$1.82M	0.01%	1013
2024 Q4	$39.9M	Buy	631,928 +28,000	+5%	+$1.86M	0.01%	1050
2024 Q3	$36.1M	Buy	603,928 +16,340	+3%	+$1M	0.01%	1087
2024 Q2	$33.6M	Buy	587,588 +11,029	+2%	+$621K	0.01%	1068
2024 Q1	$32.4M	Sell	576,559 -13,584	-2%	-$721K	0.01%	1116
2023 Q4	$32.1M	Buy	590,143 +6,143	+1%	+$285K	0.01%	1108
2023 Q3	$25.3M	Buy	584,000 +8,497	+1%	+$389K	0.01%	1133
2023 Q2	$25.4M	Buy	575,503 +17,608	+3%	+$766K	0.01%	1153
2023 Q1	$23.9M	Buy	557,895 +10,736	+2%	+$488K	0.01%	1205
2022 Q4	$25M	Buy	547,159 +26,428	+5%	+$1.27M	0.01%	1153
2022 Q3	$22.1M	Buy	520,731 +22,163	+4%	+$945K	0.01%	1163
2022 Q2	$20M	Sell	498,568 -12,689	-2%	-$517K	0.01%	1237
2022 Q1	$21.6M	Hold	511,257	–	–	﹤0.01%	1365
2021 Q4	$21.7M	Hold	511,257	–	–	﹤0.01%	1431
2021 Q3	$21.3M	Sell	511,257 -5,671	-1%	-$231K	﹤0.01%	1446
2021 Q2	$22.2M	Sell	516,928 -15,437	-3%	-$721K	﹤0.01%	1473
2021 Q1	$24.7M	Sell	532,365 -250,190	-32%	-$11M	0.01%	1413
2020 Q4	$29.3M	Sell	782,555 -1,136	-0.1%	-$36K	0.01%	1330
2020 Q3	$20.4M	Sell	783,691 -93,513	-11%	-$2.86M	0.01%	1409
2020 Q2	$28.1M	Buy	877,204 +14,229	+2%	+$409K	0.01%	1221
2020 Q1	$23.2M	Sell	862,975 -15,523	-2%	-$556K	0.01%	1150
2019 Q4	$37.8M	Hold	878,498	–	–	0.01%	1095
2019 Q3	$33.9M	Hold	878,498	–	–	0.01%	1120
2019 Q2	$33.1M	Hold	878,498	–	–	0.01%	1156
2019 Q1	$33.4M	Hold	878,498	–	–	0.01%	1142
2018 Q4	$30.2M	Hold	878,498	–	–	0.01%	1116
2018 Q3	$39.5M	Sell	878,498 -28,879	-3%	-$1.32M	0.01%	1050
2018 Q2	$38.8M	Hold	907,377	–	–	0.01%	1024
2018 Q1	$35.3M	Hold	907,377	–	–	0.01%	1027
2017 Q4	$36M	Hold	907,377	–	–	0.01%	1028
2017 Q3	$36.4M	Buy	907,377 +35,152	+4%	+$1.27M	0.01%	997
2017 Q2	$30.6M	Buy	872,225 +154,200	+21%	+$5.43M	0.01%	1100
2017 Q1	$25.4M	Buy	718,025 +10,068	+1%	+$379K	0.01%	1217
2016 Q4	$28.9M	Sell	707,957 -55,813	-7%	-$1.99M	0.01%	1050
2016 Q3	$21.7M	Buy	763,770 +131,735	+21%	+$3.74M	0.01%	1188
2016 Q2	$16.5M	Buy	632,035 +51,994	+9%	+$1.36M	0.01%	1325
2016 Q1	$14.3M	Buy	580,041 +18,585	+3%	+$434K	0.01%	1371
2015 Q4	$14.4M	Hold	561,456	–	–	0.01%	1360
2015 Q3	$14.1M	Buy	561,456 +33,300	+6%	+$871K	0.01%	1351
2015 Q2	$14.2M	Hold	528,156	–	–	0.01%	1413
2015 Q1	$13.7M	Sell	528,156 -29,304	-5%	-$720K	0.01%	1458
2014 Q4	$14.8M	Buy	557,460 +60,847	+12%	+$1.57M	0.01%	1414
2014 Q3	$12.2M	Sell	496,613 -496,613	-50%	-$12.9M	0.01%	1471
2014 Q2	$26.8M	Buy	993,226 +496,613	+100%	+$12.1M	0.01%	1447
2014 Q1	$12.5M	Hold	496,613	–	–	0.01%	1444
2013 Q4	$13.1M	Hold	496,613	–	–	0.01%	1416
2013 Q3	$10.7M	Hold	496,613	–	–	0.01%	1512
2013 Q2	$11.2M	Buy	+496,613	New	+$10.2M	0.01%	1400

Other funds holding IBOC

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

American Century Companies Kansas City, Missouri $194B AUM 35% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

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

ACL

Azora Capital LP Miami, Florida $1.52B AUM 39.16% 1-Year Est. Return

T. Rowe Price Investment Management Baltimore, Maryland $145B AUM 22.78% 1-Year Est. Return

First Trust Advisors Wheaton, Illinois $140B AUM 27.84% 1-Year Est. Return

Norges Bank's IBOC Position: Q1 2026 in Review

Norges Bank sold out of International Bancshares (IBOC) in Q1 2026, closing a stake of 686,300 shares — an estimated $45.6M sold.

Norges Bank first reported a position in IBOC in Q2 2013 and held it in 50 quarters. The position peaked at $45.6M in Q4 2025. 292 funds tracked by Wall St. Rank hold IBOC as of Q1 2026.

Norges Bank reported no remaining International Bancshares position as of Q1 2026 after selling out during the quarter.
Norges Bank sold 686,300 International Bancshares shares in Q1 2026, an estimated $45.6M.
Norges Bank first reported a position in International Bancshares in Q2 2013 and held it in 50 quarters.
Norges Bank's International Bancshares position peaked at $45.6M in Q4 2025.
292 funds tracked by Wall St. Rank held International Bancshares as of Q1 2026.

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