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 | |
|---|---|---|---|---|---|---|
326
Range Resources
RRC
$9.79B
| $91.1M | 0.06% |
+1,177,870
| New | +$89.9M |
|
327
SLM Corp
SLM
$4.92B
| $91M | 0.06% |
+11,141,116
| New | +$87M |
|
328
Chipotle Mexican Grill
CMG
$44.1B
| $90.3M | 0.06% |
+12,386,700
| New | +$88.9M |
|
329
Clorox
CLX
$10.5B
| $89.9M | 0.06% |
+1,080,732
| New | +$93M |
|
330
Air Products & Chemicals
APD
$64.7B
| $88.9M | 0.06% |
+1,049,170
| New | +$88.2M |
|
|
FITB
331
Fifth Third Bancorp
FITB
$49.6B
| $88.7M | 0.06% |
+4,913,868
| New | +$85.6M |
|
|
CA
332
DELISTED
CA, Inc.
CA
| $88.3M | 0.05% |
+3,085,449
| New | +$82.7M |
|
333
Campbell Soup
CPB
$6.37B
| $88M | 0.05% |
+1,965,763
| New | +$89.3M |
|
334
Coca-Cola Europacific Partners
CCEP
$45.4B
| $87.2M | 0.05% |
+2,480,320
| New | +$91.3M |
|
335
CarMax
KMX
$8.49B
| $87.2M | 0.05% |
+1,888,937
| New | +$85.8M |
|
|
SPLS
336
DELISTED
Staples Inc
SPLS
| $86.3M | 0.05% |
+5,444,148
| New | +$77.9M |
|
337
Republic Services
RSG
$68.3B
| $86.3M | 0.05% |
+2,542,174
| New | +$85.8M |
|
|
XLNX
338
DELISTED
Xilinx Inc
XLNX
| $86M | 0.05% |
+2,171,874
| New | +$83.4M |
|
339
Ralph Lauren
RL
$20B
| $86M | 0.05% |
+495,098
| New | +$87.1M |
|
340
Fluor
FLR
$7.23B
| $85.8M | 0.05% |
+1,446,195
| New | +$87.9M |
|
|
WFT
341
DELISTED
Weatherford International plc
WFT
| $85.7M | 0.05% |
+6,253,394
| New | +$82.9M |
|
342
Credicorp
BAP
$29.6B
| $85.6M | 0.05% |
+694,773
| New | +$96.8M |
|
|
GDI
343
DELISTED
GARDNER DENVER,INC
GDI
| $85.5M | 0.05% |
+1,137,298
| New | +$85.5M |
|
|
BBBY
344
DELISTED
Bed Bath & Beyond Inc
BBBY
| $85.4M | 0.05% |
+1,204,812
| New | +$82.1M |
|
345
Ross Stores
ROST
$72.3B
| $85.2M | 0.05% |
+2,628,334
| New | +$84.2M |
|
346
Western Union
WU
$2.14B
| $85M | 0.05% |
+4,967,251
| New | +$78.7M |
|
|
RKT
347
DELISTED
ROCK-TENN COMPANY CL-A
RKT
| $84.9M | 0.05% |
+1,699,610
| New | +$83M |
|
348
Dollar Tree
DLTR
$21.2B
| $84.8M | 0.05% |
+1,667,816
| New | +$81.3M |
|
349
FirstEnergy
FE
$26.2B
| $84.7M | 0.05% |
+2,269,679
| New | +$95.5M |
|
350
Public Service Enterprise Group
PEG
$35.1B
| $84.4M | 0.05% |
+2,585,237
| New | +$88.4M |
|
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.