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 | |
|---|---|---|---|---|---|---|
|
BRCM
276
DELISTED
BROADCOM CORP CL-A
BRCM
| $109M | 0.07% |
+3,228,960
| New | +$112M |
|
|
TYC
277
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $109M | 0.07% |
+3,148,908
| New | +$108M |
|
278
Paychex
PAYX
$42.4B
| $108M | 0.07% |
+2,970,094
| New | +$109M |
|
279
Eversource Energy
ES
$25.4B
| $108M | 0.07% |
+2,580,631
| New | +$112M |
|
280
Stanley Black & Decker
SWK
$13.4B
| $108M | 0.07% |
+1,396,003
| New | +$109M |
|
281
Intercontinental Exchange
ICE
$87.7B
| $108M | 0.07% |
+3,028,675
| New | +$102M |
|
282
Fastenal
FAST
$56.6B
| $108M | 0.07% |
+9,379,680
| New | +$115M |
|
|
PPL
283
PPL Corp
PPL
$25.1B
| $107M | 0.07% |
+3,795,148
| New | +$110M |
|
|
BNY
284
Bank of New York Mellon
BNY
$105B
| $106M | 0.07% |
+3,785,481
| New | +$109M |
|
|
SWN
285
DELISTED
Southwestern Energy Company
SWN
| $105M | 0.06% |
+2,862,124
| New | +$106M |
|
|
SCHW
286
Charles Schwab
SCHW
$188B
| $104M | 0.06% |
+4,920,772
| New | +$90.9M |
|
|
CHK
287
DELISTED
Chesapeake Energy Corporation
CHK
| $104M | 0.06% |
+26,909
| New | +$103M |
|
|
HOT
288
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $104M | 0.06% |
+1,640,815
| New | +$107M |
|
289
Fidelity National Information Services
FIS
$19.6B
| $103M | 0.06% |
+2,404,101
| New | +$103M |
|
290
DaVita
DVA
$12.1B
| $103M | 0.06% |
+1,702,354
| New | +$106M |
|
291
Annaly Capital Management
NLY
$16.3B
| $103M | 0.06% |
+2,041,700
| New | +$119M |
|
292
O'Reilly Automotive
ORLY
$69.3B
| $102M | 0.06% |
+13,624,845
| New | +$98M |
|
|
QGENF
293
DELISTED
QIAGEN NV
QGENF
| $102M | 0.06% |
+5,200,760
| New | +$102M |
|
294
Harley-Davidson
HOG
$2.88B
| $102M | 0.06% |
+1,860,012
| New | +$101M |
|
295
Wynn Resorts
WYNN
$9B
| $102M | 0.06% |
+794,161
| New | +$106M |
|
|
GG
296
DELISTED
Goldcorp Inc
GG
| $101M | 0.06% |
+4,095,205
| New | +$116M |
|
|
CIE
297
DELISTED
Cobalt International Energy, Inc
CIE
| $101M | 0.06% |
+253,620
| New | +$103M |
|
298
Dover
DOV
$25.5B
| $101M | 0.06% |
+1,934,113
| New | +$96.9M |
|
299
Loews
L
$22.2B
| $101M | 0.06% |
+2,267,117
| New | +$102M |
|
300
CenterPoint Energy
CNP
$25B
| $100M | 0.06% |
+4,274,206
| New | +$102M |
|
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.