We are live on ! Find out more
Norges Bank

Norges Bank Portfolio holdings

AUM $935B
 

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.

This Fund
S&P 500
This Quarter Est. Return
+2.17%
1 Year Est. Return
–
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$204B
AUM Growth
+$7.29B
Cap. Flow
+$5.19B
Cap. Flow %
2.54%
Top 10 Hldgs %
13.96%
Holding
2,408
New
58
Increased
867
Reduced
848
Closed
123

Top Buys

Rank Stock Value
1
PRU icon
Prudential Financial
PRU
+$520M
2
AGN
Allergan plc
AGN
+$334M
3
MDT icon
Medtronic
MDT
+$272M
4
VNO icon
Vornado Realty Trust
VNO
+$240M
5
SLG icon
SL Green Realty
SLG
+$215M

Top Sells

Rank Stock Value
1
BLK icon
Blackrock
BLK
+$586M
2
AGN
Allergan Inc
AGN
+$454M
3
COV
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
+$354M
4
AMT icon
American Tower
AMT
+$194M
5
PFE icon
Pfizer
PFE
+$177M

Sector Composition

Rank Sector Weight
1 Financials 18.16%
2 Technology 14%
3 Healthcare 13.8%
4 Industrials 9.48%
5 Consumer Discretionary 9.47%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CCL icon
226
Carnival Corporation Ltd
CCL
$38.1B
$181M 0.09%
3,775,160
+289,225
+8% +$13M
MHFI
227
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
$180M 0.09%
1,742,991
+1,593,247
+1,064% +$156M
SYY icon
228
Sysco
SYY
$40.8B
$179M 0.09%
4,753,047
+252,847
+6% +$9.96M
NOV icon
229
NOV
NOV
$6.84B
$178M 0.09%
3,566,581
+798,641
+29% +$43.3M
TFC icon
230
Truist Financial
TFC
$63.9B
$177M 0.09%
4,544,484
+340,925
+8% +$12.8M
PRGO icon
231
Perrigo
PRGO
$1.44B
$176M 0.09%
1,062,583
+46,915
+5% +$7.48M
SBAC icon
232
SBA Communications
SBAC
$19.8B
$175M 0.09%
1,492,611
-105,300
-7% -$12.4M
CERN
233
DELISTED
Cerner Corp
CERN
$175M 0.09%
2,383,958
+108,185
+5% +$7.49M
HCA icon
234
HCA Healthcare
HCA
$88.4B
$174M 0.09%
2,313,802
+298,524
+15% +$21.4M
PXD
235
DELISTED
Pioneer Natural Resource Co.
PXD
$174M 0.09%
1,063,308
+43,519
+4% +$6.69M
ZBH icon
236
Zimmer Biomet
ZBH
$18.8B
$173M 0.09%
1,520,251
+61,496
+4% +$7.02M
PCG icon
237
PG&E
PCG
$39B
$173M 0.08%
3,260,700
+509,102
+19% +$28.1M
EMN icon
238
Eastman Chemical
EMN
$7.69B
$171M 0.08%
2,473,680
-63,422
-2% -$4.58M
TWTR
239
DELISTED
Twitter, Inc.
TWTR
$169M 0.08%
3,372,283
+191,005
+6% +$8.47M
MAR icon
240
Marriott International
MAR
$100B
$168M 0.08%
2,097,005
+24,358
+1% +$1.94M
ORLY icon
241
O'Reilly Automotive
ORLY
$75.1B
$167M 0.08%
11,614,245
+308,670
+3% +$4.15M
VTR icon
242
Ventas
VTR
$47.5B
$167M 0.08%
2,001,373
+81,560
+4% +$7.02M
ZTS icon
243
Zoetis
ZTS
$32.7B
$167M 0.08%
3,604,311
-208,380
-5% -$9.39M
HCBK
244
DELISTED
HUDSON CITY BANCORP INC
HCBK
$165M 0.08%
15,782,826
+2,786,409
+21% +$27.2M
MRO
245
DELISTED
Marathon Oil Corporation
MRO
$165M 0.08%
6,314,854
+579,706
+10% +$15.7M
DFS
246
DELISTED
Discover Financial Services
DFS
$164M 0.08%
2,902,813
+79,817
+3% +$4.73M
STX icon
247
Seagate
STX
$174B
$163M 0.08%
3,130,190
+66,058
+2% +$3.93M
NFLX icon
248
Netflix
NFLX
$307B
$162M 0.08%
27,278,230
-360,780
-1% -$2.19M
WFM
249
DELISTED
Whole Foods Market Inc
WFM
$161M 0.08%
3,096,511
+76,314
+3% +$4.09M
FIS icon
250
Fidelity National Information Services
FIS
$24.2B
$161M 0.08%
2,364,454
+113,354
+5% +$7.41M
8 9
10
11 12

Similar funds

CIBC Private Wealth Group
CIBC Private Wealth Group Atlanta, Georgia $59.2B AUM 20.62% 1-Year Est. Return
Two Sigma Advisers
Two Sigma Advisers New York $51.4B AUM 31.07% 1-Year Est. Return
Comerica Bank
Comerica Bank Dallas, Texas $25.1B AUM 24.68% 1-Year Est. Return
CWM
CIBC World Markets New York $20.8B AUM
VRS
Virginia Retirement Systems Richmond, Virginia $16.8B AUM 25.91% 1-Year Est. Return
FAF
Första AP-fonden Stockholm, Sweden $16.8B AUM 29.64% 1-Year Est. Return
BGIM
Brandywine Global Investment Management Philadelphia, Pennsylvania $14.9B AUM 20.41% 1-Year Est. Return
CIM
CCLA Investment Management London, United Kingdom $6.23B AUM 5.02% 1-Year Est. Return

Norges Bank's Q1 2015 Portfolio in Review

As of Q1 2015, Norges Bank held 2,408 positions worth $204B, up 3.7% from $197B the previous quarter. Its ten largest holdings account for 14% of the portfolio.

Norges Bank's Q1 2015 filing shows 58 new, 867 increased, 848 reduced and 123 closed positions. Its largest new stake was Telus: 5,170,044 shares worth $85.9M. The largest sale was Blackrock, an estimated $586M.

By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 18% a quarter earlier, followed by Technology and Healthcare.

  • Norges Bank's largest Q1 2015 buy was Telus: 5,170,044 shares worth $85.9M.
  • Norges Bank added most to Prudential Financial in Q1 2015, an estimated $520M increase.
  • Norges Bank's biggest Q1 2015 reduction was Blackrock, cutting an estimated $586M.
  • Norges Bank fully exited Allergan Inc in Q1 2015, selling an estimated $454M.
  • Norges Bank's ten largest holdings make up 14% of its $204B portfolio in Q1 2015.
  • Norges Bank opened 58 new positions and closed 123 in Q1 2015.
  • Norges Bank's portfolio value rose 3.7% quarter-over-quarter to $204B.

Based on Norges Bank's 13F filing for Q1 2015, filed 11 May 2015.