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 | |
|---|---|---|---|---|---|---|
401
Autodesk
ADSK
$47.3B
| $70.4M | 0.04% |
+2,073,152
| New | +$77.2M |
|
402
AutoZone
AZO
$46.7B
| $69.9M | 0.04% |
+164,882
| New | +$67.2M |
|
403
Aptiv
APTV
$9.08B
| $69.6M | 0.04% |
+1,372,869
| New | +$64.3M |
|
404
HF Sinclair
DINO
$20B
| $69.4M | 0.04% |
+1,622,278
| New | +$77.5M |
|
405
Vertex Pharmaceuticals
VRTX
$130B
| $69.3M | 0.04% |
+867,345
| New | +$63.9M |
|
406
Televisa
TV
$1.19B
| $69.2M | 0.04% |
+2,785,855
| New | +$71M |
|
|
ATVI
407
DELISTED
Activision Blizzard
ATVI
| $69M | 0.04% |
+4,839,837
| New | +$70.9M |
|
|
DNR
408
DELISTED
Denbury Resources, Inc.
DNR
| $68.9M | 0.04% |
+3,979,157
| New | +$71.5M |
|
409
Oneok
OKE
$59.7B
| $68.9M | 0.04% |
+1,904,601
| New | +$78.3M |
|
|
AMTD
410
DELISTED
TD Ameritrade Holding Corp
AMTD
| $68.8M | 0.04% |
+2,834,312
| New | +$61.6M |
|
411
Brown-Forman Class B
BF.B
$12B
| $68.8M | 0.04% |
+3,181,297
| New | +$71.5M |
|
412
Hormel Foods
HRL
$11.4B
| $68.7M | 0.04% |
+3,562,060
| New | +$72.4M |
|
|
LLTC
413
DELISTED
Linear Technology Corp
LLTC
| $68.6M | 0.04% |
+1,861,718
| New | +$68.4M |
|
|
SRCL
414
DELISTED
Stericycle Inc
SRCL
| $68.5M | 0.04% |
+620,467
| New | +$67.4M |
|
415
CNX Resources
CNX
$5.24B
| $68.4M | 0.04% |
+3,028,214
| New | +$83.4M |
|
416
Constellation Brands
STZ
$21.1B
| $68M | 0.04% |
+1,304,963
| New | +$65.8M |
|
417
Core Laboratories
CLB
$563M
| $67.9M | 0.04% |
+447,915
| New | +$63.5M |
|
418
Tractor Supply
TSCO
$17.2B
| $67.4M | 0.04% |
+5,734,030
| New | +$63.5M |
|
|
RHT
419
DELISTED
Red Hat Inc
RHT
| $67.3M | 0.04% |
+1,408,236
| New | +$68.6M |
|
|
MXIM
420
DELISTED
Maxim Integrated Products
MXIM
| $67.1M | 0.04% |
+2,414,380
| New | +$73.2M |
|
421
McCormick & Company Non-Voting
MKC
$13.4B
| $67M | 0.04% |
+1,905,476
| New | +$68.6M |
|
|
THI
422
DELISTED
TIM HORTONS INC COM, CANADA
THI
| $67M | 0.04% |
+1,239,210
| New | +$67.3M |
|
423
Travel + Leisure Co
TNL
$4.01B
| $66.8M | 0.04% |
+2,583,933
| New | +$71.1M |
|
|
CPN
424
DELISTED
Calpine Corporation
CPN
| $66.6M | 0.04% |
+3,138,056
| New | +$65.8M |
|
425
BCE
BCE
$21.4B
| $66.6M | 0.04% |
+1,628,596
| New | +$73.8M |
|
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.