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 | |
|---|---|---|---|---|---|---|
301
Marriott International
MAR
$87.9B
| $99.8M | 0.06% |
+2,471,633
| New | +$103M |
|
302
Xerox
XRX
$454M
| $99.3M | 0.06% |
+4,153,769
| New | +$97M |
|
303
Genuine Parts
GPC
$18.1B
| $98.9M | 0.06% |
+1,267,008
| New | +$98.3M |
|
304
Kroger
KR
$37.1B
| $98.9M | 0.06% |
+5,727,122
| New | +$97.5M |
|
305
HCA Healthcare
HCA
$91.8B
| $98.8M | 0.06% |
+2,740,517
| New | +$106M |
|
|
QVCGA
306
DELISTED
QVC Group Inc Series A
QVCGA
| $98.4M | 0.06% |
+104,142
| New | +$94.1M |
|
307
Newmont
NEM
$131B
| $98M | 0.06% |
+3,271,223
| New | +$110M |
|
308
Ovintiv
OVV
$18.5B
| $97.8M | 0.06% |
+1,159,956
| New | +$107M |
|
309
Amphenol
APH
$191B
| $97.7M | 0.06% |
+20,064,320
| New | +$96.1M |
|
310
TechnipFMC
FTI
$29.4B
| $97.3M | 0.06% |
+2,348,910
| New | +$95.8M |
|
311
Netflix
NFLX
$324B
| $97M | 0.06% |
+32,156,810
| New | +$95.6M |
|
312
Host Hotels & Resorts
HST
$15.2B
| $96.6M | 0.06% |
+5,727,700
| New | +$101M |
|
313
Murphy Oil
MUR
$5.79B
| $96.2M | 0.06% |
+1,830,404
| New | +$99M |
|
|
FISV
314
Fiserv Inc
FISV
$26.6B
| $95.8M | 0.06% |
+4,381,984
| New | +$96.1M |
|
315
BorgWarner
BWA
$12.7B
| $95.2M | 0.06% |
+2,510,356
| New | +$88.3M |
|
|
KSU
316
DELISTED
Kansas City Southern
KSU
| $94.8M | 0.06% |
+894,307
| New | +$97.3M |
|
317
Charter Communications
CHTR
$16.8B
| $94.7M | 0.06% |
+764,831
| New | +$84M |
|
318
J.M. Smucker
SJM
$13B
| $93.2M | 0.06% |
+903,072
| New | +$92M |
|
319
Rockwell Automation
ROK
$46.3B
| $93M | 0.06% |
+1,118,407
| New | +$96.6M |
|
|
STI
320
DELISTED
SunTrust Banks, Inc.
STI
| $92.7M | 0.06% |
+2,936,361
| New | +$89M |
|
321
Bunge Global
BG
$23.4B
| $92.2M | 0.06% |
+1,303,183
| New | +$91.7M |
|
|
GMCR
322
DELISTED
KEURIG GREEN MTN INC
GMCR
| $92.2M | 0.06% |
+1,228,471
| New | +$83.1M |
|
323
EQT Corp
EQT
$33.2B
| $92.2M | 0.06% |
+2,133,644
| New | +$87.7M |
|
|
CTXS
324
DELISTED
Citrix Systems Inc
CTXS
| $92.1M | 0.06% |
+1,916,371
| New | +$98.9M |
|
325
Liberty Global Class C
LBTYK
$3.44B
| $91.2M | 0.06% |
+3,319,279
| New | +$92.9M |
|
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.