Norges Bank Portfolio holdings
Norges Bank, established in 1816 and headquartered in Oslo, Norway, serves as the central bank of Norway, responsible for monetary policy, issuing the Norwegian krone, and maintaining financial stability. Beyond its traditional central banking role, it oversees the management of the Government Pension Fund Global (often called the Norwegian Oil Fund), one of the world’s largest sovereign wealth funds, valued at over $1 trillion, which invests Norway’s oil and gas revenues in global equities, bonds, and real estate. The fund’s investment arm, Norges Bank Investment Management (NBIM), operates independently to ensure long-term wealth preservation for future generations, emphasizing sustainable and ethical investing practices. With its dual role, Norges Bank uniquely blends central banking duties with stewardship of a massive global investment portfolio.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Blackrock
BLK
|
+$3.48B |
| 2 |
Apple
AAPL
|
+$3.25B |
| 3 |
ExxonMobil
XOM
|
+$3.2B |
| 4 |
Microsoft
MSFT
|
+$2.26B |
| 5 |
Chevron
CVX
|
+$2.15B |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.94% |
| 2 | Technology | 13.3% |
| 3 | Healthcare | 11.25% |
| 4 | Energy | 10.57% |
| 5 | Industrials | 9.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
K
226
DELISTED
Kellanova
K
| $143M | 0.09% |
+2,375,869
| New | +$143M |
|
227
Magna International
MGA
$17B
| $143M | 0.09% |
+4,031,880
| New | +$128M |
|
|
PARA
228
DELISTED
Paramount Global Class B
PARA
| $143M | 0.09% |
+2,922,618
| New | +$133M |
|
|
NWS
229
DELISTED
THE NEWS CORPORATION LTD CL-B
NWS
| $142M | 0.09% |
+4,331,050
| New | +$139M |
|
230
Sherwin-Williams
SHW
$78.6B
| $142M | 0.09% |
+2,414,361
| New | +$146M |
|
231
T. Rowe Price
TROW
$22.4B
| $142M | 0.09% |
+1,941,087
| New | +$145M |
|
232
Intuit
INTU
$89.6B
| $141M | 0.09% |
+2,316,837
| New | +$140M |
|
233
Donaldson
DCI
$10.1B
| $140M | 0.09% |
+3,938,266
| New | +$143M |
|
|
BIN
234
DELISTED
PROGRESSIVE WASTE SOLUTIONS LTD COM
BIN
| $138M | 0.09% |
+6,429,770
| New | +$142M |
|
235
Motorola Solutions
MSI
$78B
| $138M | 0.09% |
+2,392,283
| New | +$140M |
|
236
Welltower
WELL
$167B
| $137M | 0.09% |
+2,044,182
| New | +$145M |
|
237
OGE Energy
OGE
$9.42B
| $137M | 0.09% |
+4,012,720
| New | +$140M |
|
|
ALXN
238
DELISTED
Alexion Pharmaceuticals
ALXN
| $137M | 0.08% |
+1,481,097
| New | +$143M |
|
|
PXD
239
DELISTED
Pioneer Natural Resource Co.
PXD
| $136M | 0.08% |
+937,232
| New | +$125M |
|
240
Trane Technologies
TT
$93B
| $135M | 0.08% |
+3,040,571
| New | +$135M |
|
|
AVB
241
DELISTED
AvalonBay Communities
AVB
| $134M | 0.08% |
+993,629
| New | +$133M |
|
|
DFS
242
DELISTED
Discover Financial Services
DFS
| $134M | 0.08% |
+2,808,176
| New | +$129M |
|
243
Roper Technologies
ROP
$38.2B
| $133M | 0.08% |
+1,072,134
| New | +$131M |
|
244
American Tower
AMT
$82.8B
| $132M | 0.08% |
+1,807,050
| New | +$144M |
|
245
T-Mobile US
TMUS
$195B
| $131M | 0.08% |
+5,274,376
| New | +$113M |
|
246
Cardinal Health
CAH
$54B
| $131M | 0.08% |
+2,766,605
| New | +$126M |
|
247
Tapestry
TPR
$23.4B
| $130M | 0.08% |
+2,281,229
| New | +$128M |
|
|
CERN
248
DELISTED
Cerner Corp
CERN
| $130M | 0.08% |
+2,704,774
| New | +$129M |
|
249
Mattel
MAT
$3.87B
| $129M | 0.08% |
+2,838,342
| New | +$127M |
|
250
Gen Digital
GEN
$18.8B
| $129M | 0.08% |
+5,722,583
| New | +$135M |
|
Similar funds
Norges Bank's Q2 2013 Portfolio in Review
Q2 2013 is the first quarter with a 13F filing on record for Norges Bank, which disclosed 2,107 positions worth $161B. Its ten largest holdings account for 15% of the portfolio.
Its largest position is Blackrock: 12,991,729 shares worth $3.34B.
By sector, the portfolio is most concentrated in Financials at 19% of assets, followed by Technology and Healthcare.
- Norges Bank's largest Q2 2013 buy was Blackrock: 12,991,729 shares worth $3.34B.
- Norges Bank's ten largest holdings make up 15% of its $161B portfolio in Q2 2013.
- Norges Bank disclosed 2,107 positions in Q2 2013, its first 13F filing on record.
Based on Norges Bank's 13F filing for Q2 2013, filed 7 Aug 2013.