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 | |
|---|---|---|---|---|---|---|
|
MJN
251
DELISTED
Mead Johnson Nutrition Company
MJN
| $128M | 0.08% |
+1,609,802
| New | +$129M |
|
252
Flowserve
FLS
$9.04B
| $127M | 0.08% |
+2,360,247
| New | +$128M |
|
|
HCBK
253
DELISTED
HUDSON CITY BANCORP INC
HCBK
| $127M | 0.08% |
+13,870,436
| New | +$117M |
|
254
Carnival Corporation Ltd
CCL
$30.1B
| $123M | 0.08% |
+3,576,192
| New | +$121M |
|
255
Agilent Technologies
A
$42.4B
| $122M | 0.08% |
+4,003,004
| New | +$124M |
|
256
Weyerhaeuser
WY
$16B
| $122M | 0.08% |
+4,270,030
| New | +$129M |
|
257
Vornado Realty Trust
VNO
$6.49B
| $121M | 0.08% |
+2,003,455
| New | +$124M |
|
258
Invesco
IVZ
$13.6B
| $121M | 0.08% |
+3,807,444
| New | +$122M |
|
259
Kohl's
KSS
$1.85B
| $120M | 0.07% |
+2,383,691
| New | +$118M |
|
260
Conagra Brands
CAG
$7.21B
| $119M | 0.07% |
+4,389,270
| New | +$119M |
|
|
STJ
261
DELISTED
St Jude Medical
STJ
| $119M | 0.07% |
+2,600,467
| New | +$113M |
|
262
Dollar General
DG
$27.8B
| $118M | 0.07% |
+2,348,688
| New | +$122M |
|
263
Hershey
HSY
$34.2B
| $117M | 0.07% |
+1,308,222
| New | +$116M |
|
264
Estee Lauder
EL
$35.1B
| $117M | 0.07% |
+1,772,383
| New | +$121M |
|
265
The Mosaic Company
MOS
$8.1B
| $116M | 0.07% |
+2,164,899
| New | +$129M |
|
|
TLM
266
DELISTED
TALISMAN ENERGY INC
TLM
| $113M | 0.07% |
+9,933,833
| New | +$115M |
|
|
CTRA
267
DELISTED
Coterra Energy
CTRA
| $113M | 0.07% |
+3,181,412
| New | +$109M |
|
268
Humana
HUM
$47.5B
| $113M | 0.07% |
+1,337,877
| New | +$106M |
|
269
Liberty Media Series A
FWONA
$21.7B
| $113M | 0.07% |
+4,995,930
| New | +$106M |
|
270
Imperial Oil
IMO
$65.4B
| $111M | 0.07% |
+2,921,668
| New | +$114M |
|
271
Analog Devices
ADI
$175B
| $111M | 0.07% |
+2,466,896
| New | +$111M |
|
272
Morgan Stanley
MS
$318B
| $111M | 0.07% |
+4,538,864
| New | +$108M |
|
273
Moody's
MCO
$80.9B
| $110M | 0.07% |
+1,807,933
| New | +$110M |
|
274
Parker-Hannifin
PH
$116B
| $110M | 0.07% |
+1,151,736
| New | +$108M |
|
275
Regal Rexnord
RRX
$10.1B
| $109M | 0.07% |
+1,687,414
| New | +$118M |
|
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.