Norges Bank
SNOW icon

Norges Bank’s Snowflake SNOW Stock Holding History

Norges Bank’s Portfolio SNOW Stock Details SNOW Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2026
Q1 		– Sell
-4,440,606
Closed -$974M – 1191
2025
Q4 		$974M Buy
+4,440,606
New +$1.08B 0.1% 167
2025
Q3 		– Sell
-4,222,615
Closed -$945M – 1326
2025
Q2 		$945M Buy
4,222,615
+131,054
+3% +$23.7M 0.12% 165
2025
Q1 		$598M Sell
4,091,561
-2,313,140
-36% -$393M 0.08% 222
2024
Q4 		$989M Buy
6,404,701
+98,536
+2% +$13.9M 0.13% 141
2024
Q3 		$724M Buy
6,306,165
+121,652
+2% +$15M 0.1% 189
2024
Q2 		$835M Buy
6,184,513
+867,623
+16% +$128M 0.12% 158
2024
Q1 		$859M Buy
5,316,890
+1,103,549
+26% +$214M 0.14% 145
2023
Q4 		$838M Buy
4,213,341
+513,413
+14% +$86.8M 0.15% 136
2023
Q3 		$565M Buy
3,699,928
+34,911
+1% +$5.68M 0.11% 178
2023
Q2 		$645M Buy
3,665,017
+962,345
+36% +$156M 0.13% 158
2023
Q1 		$417M Sell
2,702,672
-623,473
-19% -$91.4M 0.09% 215
2022
Q4 		$477M Buy
3,326,145
+268,060
+9% +$40.9M 0.12% 182
2022
Q3 		$520M Buy
3,058,085
+1,137,717
+59% +$188M 0.14% 150
2022
Q2 		$267M Buy
1,920,368
+123,760
+7% +$19.6M 0.07% 262
2022
Q1 		$412M Sell
1,796,608
-211,258
-11% -$54.6M 0.09% 215
2021
Q4 		$680M Buy
2,007,866
+321,081
+19% +$112M 0.14% 138
2021
Q3 		$510M Buy
1,686,785
+1,652,532
+4,824% +$470M 0.11% 173
2021
Q2 		$8.28M Buy
34,253
+32,253
+1,613% +$7.5M ﹤0.01% 1818
2021
Q1 		$459K Sell
2,000
-3,409
-63% -$910K ﹤0.01% 2093
2020
Q4 		$1.52M Sell
5,409
-112,172
-95% -$31.9M ﹤0.01% 1984
2020
Q3 		$29.5M Buy
+117,581
New +$28M 0.01% 1171

Other funds holding SNOW

BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
VCM
Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM
VPM
Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM
JP Morgan Chase
JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return
Jennison Associates
Jennison Associates New York $145B AUM 34.61% 1-Year Est. Return
Wellington Management Group
Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return
AQR Capital Management
AQR Capital Management Greenwich, Connecticut $218B AUM 29.41% 1-Year Est. Return

Norges Bank's SNOW Position: Q1 2026 in Review

Norges Bank sold out of Snowflake (SNOW) in Q1 2026, closing a stake of 4,440,606 shares — an estimated $974M sold.

Norges Bank first reported a position in SNOW in Q3 2020 and held it in 21 quarters. The position peaked at $989M in Q4 2024. 1,276 funds tracked by Wall St. Rank hold SNOW as of Q1 2026.

  • Norges Bank reported no remaining Snowflake position as of Q1 2026 after selling out during the quarter.
  • Norges Bank sold 4,440,606 Snowflake shares in Q1 2026, an estimated $974M.
  • Norges Bank first reported a position in Snowflake in Q3 2020 and held it in 21 quarters.
  • Norges Bank's Snowflake position peaked at $989M in Q4 2024.
  • 1,276 funds tracked by Wall St. Rank held Snowflake as of Q1 2026.

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