Norges Bank’s Triple Flag Precious Metals TFPM Stock Holding History

Norges Bank’s Portfolio TFPM Stock Details TFPM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-1,491,073	Closed	-$49.5M	–	1265
2025 Q4	$49.5M	Buy	+1,491,073	New	+$46.6M	0.01%	1025
2025 Q3	–	Sell	-1,045,888	Closed	-$24.8M	–	1410
2025 Q2	$24.8M	Hold	1,045,888	–	–	﹤0.01%	1160
2025 Q1	$20M	Hold	1,045,888	–	–	﹤0.01%	1202
2024 Q4	$15.7M	Hold	1,045,888	–	–	﹤0.01%	1272
2024 Q3	$16.9M	Hold	1,045,888	–	–	﹤0.01%	1245
2024 Q2	$16.2M	Hold	1,045,888	–	–	﹤0.01%	1263
2024 Q1	$15.1M	Sell	1,045,888 -8,294	-0.8%	-$107K	﹤0.01%	1338
2023 Q4	$14M	Sell	1,054,182 -15,818	-1%	-$207K	﹤0.01%	1374
2023 Q3	$14M	Hold	1,070,000	–	–	﹤0.01%	1346
2023 Q2	$14.7M	Buy	1,070,000 +370,000	+53%	+$5.57M	﹤0.01%	1393
2023 Q1	$10.4M	Hold	700,000	–	–	﹤0.01%	1563
2022 Q4	$9.69M	Hold	700,000	–	–	﹤0.01%	1582
2022 Q3	$8.86M	Buy	+700,000	New	+$8.62M	﹤0.01%	1582

Other funds holding TFPM

EIM

Elliott Investment Management West Palm Beach, Florida $20.1B AUM 60.76% 1-Year Est. Return

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

Mirae Asset Global ETFs Holdings Causeway Bay, Hong Kong $73.7B AUM 53.56% 1-Year Est. Return

Tidal Investments Milwaukee, Wisconsin $47.4B AUM 59.58% 1-Year Est. Return

VanEck Associates New York $133B AUM 72.99% 1-Year Est. Return

Arrowstreet Capital Boston, Massachusetts $185B AUM 39.58% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Whitebox Advisors Minneapolis, Minnesota $8.12B AUM 15.85% 1-Year Est. Return

DMIC

Dixon Mitchell Investment Counsel Vancouver, British Columbia, Canada $2.88B AUM 18.53% 1-Year Est. Return

BGC

Beutel, Goodman & Co Toronto, Ontario, Canada $14.8B AUM 15.12% 1-Year Est. Return

Norges Bank's TFPM Position: Q1 2026 in Review

Norges Bank sold out of Triple Flag Precious Metals (TFPM) in Q1 2026, closing a stake of 1,491,073 shares — an estimated $49.5M sold.

Norges Bank first reported a position in TFPM in Q3 2022 and held it in 13 quarters. The position peaked at $49.5M in Q4 2025. 230 funds tracked by Wall St. Rank hold TFPM as of Q1 2026.

Norges Bank reported no remaining Triple Flag Precious Metals position as of Q1 2026 after selling out during the quarter.
Norges Bank sold 1,491,073 Triple Flag Precious Metals shares in Q1 2026, an estimated $49.5M.
Norges Bank first reported a position in Triple Flag Precious Metals in Q3 2022 and held it in 13 quarters.
Norges Bank's Triple Flag Precious Metals position peaked at $49.5M in Q4 2025.
230 funds tracked by Wall St. Rank held Triple Flag Precious Metals as of Q1 2026.

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