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 | |
|---|---|---|---|---|---|---|
|
AVP
376
DELISTED
Avon Products, Inc.
AVP
| $75.9M | 0.05% |
+3,608,217
| New | +$81M |
|
|
CYT
377
DELISTED
CYTEC INDS INC
CYT
| $75.8M | 0.05% |
+2,070,342
| New | +$75.7M |
|
378
Whirlpool
WHR
$2.15B
| $75.8M | 0.05% |
+662,608
| New | +$80.4M |
|
379
Progressive
PGR
$129B
| $75.7M | 0.05% |
+2,978,493
| New | +$75.3M |
|
|
COL
380
DELISTED
Rockwell Collins
COL
| $75.2M | 0.05% |
+1,186,232
| New | +$75.7M |
|
381
AGNC Investment
AGNC
$11.8B
| $75.1M | 0.05% |
+3,267,994
| New | +$94.5M |
|
382
Affiliated Managers Group
AMG
$9B
| $74.8M | 0.05% |
+456,090
| New | +$72.1M |
|
383
Tesla
TSLA
$1.41T
| $74.5M | 0.05% |
+10,404,555
| New | +$52.2M |
|
|
ADT
384
DELISTED
ADT Corp
ADT
| $74.5M | 0.05% |
+1,868,769
| New | +$79.5M |
|
385
Teradata
TDC
$2.73B
| $74.4M | 0.05% |
+1,481,954
| New | +$79.8M |
|
386
Broadcom
AVGO
$1.62T
| $74.3M | 0.05% |
+19,878,500
| New | +$69.3M |
|
387
NVIDIA
NVDA
$5.12T
| $73.4M | 0.05% |
+209,344,000
| New | +$72.3M |
|
388
C.H. Robinson
CHRW
$18.4B
| $73.4M | 0.05% |
+1,302,661
| New | +$75.1M |
|
389
Travelers Companies
TRV
$78.8B
| $73.2M | 0.05% |
+915,866
| New | +$77M |
|
390
Bread Financial
BFH
$4.14B
| $72.9M | 0.05% |
+504,494
| New | +$69M |
|
391
Xylem
XYL
$25.1B
| $72.8M | 0.05% |
+2,700,802
| New | +$74.6M |
|
392
NiSource
NI
$19.5B
| $72.4M | 0.05% |
+6,431,584
| New | +$74.4M |
|
393
Manulife Financial
MFC
$72.7B
| $72.3M | 0.04% |
+4,533,989
| New | +$68.7M |
|
394
Crown Castle
CCI
$31.2B
| $72M | 0.04% |
+995,277
| New | +$73M |
|
|
PLL
395
DELISTED
PALL CORP
PLL
| $71.9M | 0.04% |
+1,082,320
| New | +$73.2M |
|
396
Church & Dwight Co
CHD
$22.4B
| $71.8M | 0.04% |
+2,326,200
| New | +$72.6M |
|
|
TIF
397
DELISTED
Tiffany & Co.
TIF
| $71.6M | 0.04% |
+983,450
| New | +$73.3M |
|
398
Jefferies Financial Group
JEF
$11.3B
| $70.9M | 0.04% |
+3,019,579
| New | +$79.4M |
|
399
Kimco Realty
KIM
$15.4B
| $70.6M | 0.04% |
+3,293,653
| New | +$75.4M |
|
|
LLL
400
DELISTED
L3 Technologies, Inc.
LLL
| $70.4M | 0.04% |
+821,068
| New | +$68.8M |
|
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.