Norges Bank’s United Parcel Service UPS Stock Holding History

Norges Bank’s Portfolio UPS Stock Details UPS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-9,098,158	Closed	-$902M	–	1340
2025 Q4	$902M	Buy	+9,098,158	New	+$851M	0.1%	181
2025 Q3	–	Sell	-8,439,091	Closed	-$852M	–	1495
2025 Q2	$852M	Buy	8,439,091 +261,435	+3%	+$25.7M	0.11%	178
2025 Q1	$899M	Sell	8,177,656 -350,441	-4%	-$41.9M	0.13%	157
2024 Q4	$1.08B	Buy	8,528,097 +726,387	+9%	+$95.6M	0.14%	131
2024 Q3	$1.06B	Sell	7,801,710 -364,379	-4%	-$47.8M	0.15%	134
2024 Q2	$1.12B	Buy	8,166,089 +661,355	+9%	+$94.7M	0.17%	110
2024 Q1	$1.12B	Buy	7,504,734 +328,483	+5%	+$49.9M	0.18%	113
2023 Q4	$1.13B	Sell	7,176,251 -114,471	-2%	-$17.3M	0.2%	96
2023 Q3	$1.14B	Sell	7,290,722 -20,483	-0.3%	-$3.54M	0.23%	77
2023 Q2	$1.31B	Sell	7,311,205 -189,599	-3%	-$33.7M	0.26%	68
2023 Q1	$1.46B	Buy	7,500,804 +277,938	+4%	+$51M	0.32%	56
2022 Q4	$1.26B	Buy	7,222,866 +590,952	+9%	+$102M	0.3%	64
2022 Q3	$1.07B	Buy	6,631,914 +57,474	+0.9%	+$10.9M	0.28%	66
2022 Q2	$1.2B	Sell	6,574,440 -51,227	-0.8%	-$9.34M	0.31%	64
2022 Q1	$1.42B	Buy	6,625,667 +98,022	+2%	+$20.8M	0.31%	63
2021 Q4	$1.4B	Sell	6,527,645 -151,964	-2%	-$30.9M	0.29%	67
2021 Q3	$1.22B	Buy	6,679,609 +280,910	+4%	+$55.4M	0.27%	68
2021 Q2	$1.33B	Sell	6,398,699 -184,891	-3%	-$37M	0.29%	67
2021 Q1	$1.12B	Buy	6,583,590 +87,010	+1%	+$14.1M	0.26%	74
2020 Q4	$1.09B	Buy	6,496,580 +538,691	+9%	+$90.9M	0.26%	72
2020 Q3	$993M	Buy	5,957,889 +370,187	+7%	+$53.9M	0.26%	70
2020 Q2	$621M	Sell	5,587,702 -481,902	-8%	-$48.1M	0.18%	105
2020 Q1	$567M	Sell	6,069,604 -145,881	-2%	-$15.1M	0.2%	94
2019 Q4	$728M	Sell	6,215,485 -534,452	-8%	-$63.3M	0.2%	92
2019 Q3	$809M	Buy	6,749,937 +1,070,000	+19%	+$122M	0.25%	74
2019 Q2	$587M	Buy	5,679,937 +428,095	+8%	+$44.5M	0.18%	102
2019 Q1	$587M	Buy	5,251,842 +207,871	+4%	+$22M	0.19%	103
2018 Q4	$492M	Buy	5,043,971 +84,206	+2%	+$9.13M	0.18%	106
2018 Q3	$579M	Sell	4,959,765 -175,056	-3%	-$20.6M	0.19%	104
2018 Q2	$545M	Hold	5,134,821	–	–	0.19%	106
2018 Q1	$537M	Sell	5,134,821 -267,782	-5%	-$31M	0.19%	105
2017 Q4	$644M	Buy	5,402,603 +126,691	+2%	+$14.9M	0.23%	89
2017 Q3	$634M	Buy	5,275,912 +44,583	+0.9%	+$5.07M	0.24%	83
2017 Q2	$579M	Buy	5,231,329 +526,782	+11%	+$56.3M	0.23%	89
2017 Q1	$505M	Sell	4,704,547 -1,371,554	-23%	-$150M	0.21%	93
2016 Q4	$697M	Sell	6,076,101 -509,352	-8%	-$57.4M	0.3%	59
2016 Q3	$688M	Buy	6,585,453 +373,276	+6%	+$40.8M	0.33%	55
2016 Q2	$669M	Buy	6,212,177 +351,063	+6%	+$36.5M	0.32%	57
2016 Q1	$618M	Buy	5,861,114 +9,719	+0.2%	+$945K	0.3%	62
2015 Q4	$563M	Buy	5,851,395 +91,851	+2%	+$9.38M	0.28%	71
2015 Q3	$568M	Buy	5,759,544 +121,962	+2%	+$12M	0.3%	63
2015 Q2	$546M	Hold	5,637,582	–	–	0.27%	71
2015 Q1	$547M	Buy	5,637,582 +191,730	+4%	+$19.7M	0.27%	71
2014 Q4	$605M	Buy	5,445,852 +107,983	+2%	+$11.4M	0.31%	62
2014 Q3	$525M	Sell	5,337,869 -5,137,869	-49%	-$511M	0.28%	67
2014 Q2	$1.08B	Buy	10,475,738 +5,362,869	+105%	+$539M	0.29%	67
2014 Q1	$498M	Buy	5,112,869 +41,928	+0.8%	+$4.09M	0.28%	70
2013 Q4	$533M	Sell	5,070,941 -361,644	-7%	-$35.6M	0.31%	64
2013 Q3	$496M	Sell	5,432,585 -352,938	-6%	-$31M	0.29%	66
2013 Q2	$500M	Buy	+5,785,523	New	+$496M	0.31%	60

Other funds holding UPS

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

Charles Schwab San Francisco, California $654B AUM 26.35% 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

Victory Capital Management San Antonio, Texas $156B AUM 27.51% 1-Year Est. Return

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

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Norges Bank's UPS Position: Q1 2026 in Review

Norges Bank sold out of United Parcel Service (UPS) in Q1 2026, closing a stake of 9,098,158 shares — an estimated $902M sold.

Norges Bank first reported a position in UPS in Q2 2013 and held it in 50 quarters. The position peaked at $1.46B in Q1 2023. 2,097 funds tracked by Wall St. Rank hold UPS as of Q1 2026.

Norges Bank reported no remaining United Parcel Service position as of Q1 2026 after selling out during the quarter.
Norges Bank sold 9,098,158 United Parcel Service shares in Q1 2026, an estimated $902M.
Norges Bank first reported a position in United Parcel Service in Q2 2013 and held it in 50 quarters.
Norges Bank's United Parcel Service position peaked at $1.46B in Q1 2023.
2,097 funds tracked by Wall St. Rank held United Parcel Service as of Q1 2026.

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