Norges Bank’s NVIDIA NVDA Stock Holding History

Norges Bank’s Portfolio NVDA Stock Details NVDA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-333,748,700	Closed	-$62.2B	–	932
2025 Q4	$62.2B	Buy	+333,748,700	New	+$62.1B	6.66%	1
2025 Q3	–	Sell	-325,253,897	Closed	-$51.4B	–	1042
2025 Q2	$51.4B	Buy	325,253,897 +13,522,981	+4%	+$1.7B	6.41%	1
2025 Q1	$33.8B	Sell	311,730,916 -12,310,370	-4%	-$1.56B	4.74%	3
2024 Q4	$43.5B	Buy	324,041,286 +30,977,587	+11%	+$4.27B	5.71%	3
2024 Q3	$35.6B	Buy	293,063,699 +1,336,339	+0.5%	+$158M	4.97%	3
2024 Q2	$36B	Buy	291,727,360 +2,214,520	+0.8%	+$224M	5.38%	3
2024 Q1	$26.2B	Sell	289,512,840 -5,434,240	-2%	-$394M	4.13%	3
2023 Q4	$14.6B	Buy	294,947,080 +9,294,010	+3%	+$431M	2.55%	5
2023 Q3	$12.4B	Sell	285,653,070 -6,539,870	-2%	-$293M	2.52%	5
2023 Q2	$12.4B	Buy	292,192,940 +20,604,130	+8%	+$684M	2.44%	5
2023 Q1	$7.54B	Buy	271,588,810 +4,661,590	+2%	+$101M	1.65%	5
2022 Q4	$3.9B	Buy	266,927,220 +15,812,850	+6%	+$232M	0.94%	9
2022 Q3	$3.05B	Buy	251,114,370 +6,846,770	+3%	+$108M	0.81%	13
2022 Q2	$3.7B	Buy	244,267,600 +18,548,670	+8%	+$350M	0.96%	10
2022 Q1	$6.16B	Buy	225,718,930 +12,220,000	+6%	+$306M	1.34%	7
2021 Q4	$6.28B	Sell	213,498,930 -3,891,760	-2%	-$107M	1.29%	7
2021 Q3	$4.5B	Sell	217,390,690 -1,467,990	-0.7%	-$30.5M	1%	7
2021 Q2	$4.38B	Sell	218,858,680 -6,943,880	-3%	-$111M	0.95%	8
2021 Q1	$3.01B	Sell	225,802,560 -9,833,440	-4%	-$132M	0.69%	15
2020 Q4	$3.08B	Sell	235,636,000 -4,065,880	-2%	-$54.4M	0.72%	15
2020 Q3	$3.24B	Buy	239,701,880 +221,240	+0.1%	+$2.57M	0.86%	11
2020 Q2	$2.27B	Buy	239,480,640 +25,874,040	+12%	+$209M	0.65%	18
2020 Q1	$1.41B	Sell	213,606,600 -13,798,840	-6%	-$87.1M	0.5%	37
2019 Q4	$1.34B	Buy	227,405,440 +1,200,000	+0.5%	+$6.24M	0.37%	46
2019 Q3	$984M	Sell	226,205,440 -6,676,000	-3%	-$28.1M	0.3%	62
2019 Q2	$956M	Buy	232,881,440 +20,500,000	+10%	+$85M	0.3%	63
2019 Q1	$953M	Sell	212,381,440 -8,511,720	-4%	-$33M	0.31%	63
2018 Q4	$737M	Sell	220,893,160 -2,320,280	-1%	-$11.1M	0.27%	71
2018 Q3	$1.57B	Buy	223,213,440 +765,000	+0.3%	+$4.98M	0.51%	33
2018 Q2	$1.32B	Buy	222,448,440 +8,565,320	+4%	+$52M	0.45%	37
2018 Q1	$1.24B	Buy	213,883,120 +10,592,160	+5%	+$62.2M	0.45%	37
2017 Q4	$983M	Buy	203,290,960 +7,514,200	+4%	+$37.3M	0.35%	47
2017 Q3	$875M	Buy	195,776,760 +1,377,640	+0.7%	+$5.73M	0.33%	54
2017 Q2	$703M	Buy	194,399,120 +14,274,440	+8%	+$45.3M	0.28%	70
2017 Q1	$491M	Sell	180,124,680 -17,040,960	-9%	-$45.3M	0.2%	95
2016 Q4	$526M	Buy	197,165,640 +12,799,880	+7%	+$26.7M	0.23%	84
2016 Q3	$302M	Sell	184,365,760 -33,429,480	-15%	-$49.4M	0.14%	135
2016 Q2	$256M	Buy	217,795,240 +19,154,640	+10%	+$19.8M	0.12%	165
2016 Q1	$177M	Sell	198,640,600 -7,202,360	-3%	-$5.49M	0.09%	219
2015 Q4	$170M	Buy	205,842,960 +2,194,720	+1%	+$1.65M	0.08%	229
2015 Q3	$125M	Hold	203,648,240	–	–	0.07%	294
2015 Q2	$102M	Buy	203,648,240 +3,859,160	+2%	+$2.09M	0.05%	356
2015 Q1	$105M	Buy	199,789,080 +4,276,880	+2%	+$2.27M	0.05%	362
2014 Q4	$98M	Sell	195,512,200 -8,626,960	-4%	-$4.2M	0.05%	355
2014 Q3	$94.2M	Sell	204,139,160 -210,779,080	-51%	-$99.3M	0.05%	354
2014 Q2	$192M	Buy	414,918,240 +207,459,120	+100%	+$96.9M	0.05%	346
2014 Q1	$92.9M	Hold	207,459,120	–	–	0.05%	347
2013 Q4	$83.1M	Sell	207,459,120 -10,269,560	-5%	-$3.98M	0.05%	360
2013 Q3	$84.7M	Buy	217,728,680 +8,384,680	+4%	+$3.12M	0.05%	375
2013 Q2	$73.4M	Buy	+209,344,000	New	+$72.3M	0.05%	388

Other funds holding NVDA

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

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

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

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

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

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Norges Bank's NVDA Position: Q1 2026 in Review

Norges Bank sold out of NVIDIA (NVDA) in Q1 2026, closing a stake of 333,748,700 shares — an estimated $62.2B sold.

Norges Bank first reported a position in NVDA in Q2 2013 and held it in 50 quarters. The position peaked at $62.2B in Q4 2025. 5,830 funds tracked by Wall St. Rank hold NVDA as of Q1 2026.

Norges Bank reported no remaining NVIDIA position as of Q1 2026 after selling out during the quarter.
Norges Bank sold 333,748,700 NVIDIA shares in Q1 2026, an estimated $62.2B.
Norges Bank first reported a position in NVIDIA in Q2 2013 and held it in 50 quarters.
Norges Bank's NVIDIA position peaked at $62.2B in Q4 2025.
5,830 funds tracked by Wall St. Rank held NVIDIA as of Q1 2026.

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