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 | |
|---|---|---|---|---|---|---|
426
Thomson Reuters
TRI
$44.5B
| $66M | 0.04% |
+1,747,343
| New | +$67.6M |
|
427
Lam Research
LRCX
$339B
| $66M | 0.04% |
+14,877,040
| New | +$67.3M |
|
428
SL Green Realty
SLG
$3.67B
| $66M | 0.04% |
+772,551
| New | +$66.3M |
|
429
Bath & Body Works
BBWI
$3.37B
| $65.8M | 0.04% |
+1,653,096
| New | +$66.7M |
|
|
CXO
430
DELISTED
CONCHO RESOURCES INC.
CXO
| $65.8M | 0.04% |
+785,881
| New | +$67.1M |
|
431
NetApp
NTAP
$37.3B
| $65.8M | 0.04% |
+1,740,385
| New | +$63.1M |
|
432
Expeditors International
EXPD
$25.2B
| $65.1M | 0.04% |
+1,712,863
| New | +$64.1M |
|
|
CBI
433
DELISTED
Chicago Bridge & Iron Nv
CBI
| $65M | 0.04% |
+1,090,237
| New | +$63.3M |
|
434
TransDigm Group
TDG
$60B
| $65M | 0.04% |
+414,579
| New | +$62.2M |
|
|
JWN
435
DELISTED
Nordstrom
JWN
| $65M | 0.04% |
+1,084,212
| New | +$62.8M |
|
436
Oceaneering
OII
$4.75B
| $64.6M | 0.04% |
+894,269
| New | +$62.4M |
|
437
CGI
GIB
$14.9B
| $64.4M | 0.04% |
+2,206,797
| New | +$64.5M |
|
438
NRG Energy
NRG
$22.3B
| $64.1M | 0.04% |
+2,399,558
| New | +$64.5M |
|
439
Monster Beverage
MNST
$87.4B
| $63.8M | 0.04% |
+12,604,500
| New | +$59.2M |
|
440
Newell Brands
NWL
$2.4B
| $63.6M | 0.04% |
+2,422,532
| New | +$64.4M |
|
|
AGN
441
DELISTED
Allergan plc
AGN
| $63.6M | 0.04% |
+503,566
| New | +$57M |
|
442
Mohawk Industries
MHK
$8.74B
| $63.3M | 0.04% |
+562,609
| New | +$63.4M |
|
443
Tyson Foods
TSN
$18.5B
| $63.1M | 0.04% |
+2,458,700
| New | +$60.9M |
|
444
AES
AES
$10.6B
| $63M | 0.04% |
+5,255,247
| New | +$66.8M |
|
|
TRW
445
DELISTED
TRW AUTOMOTIVE HOLDINGS CORP
TRW
| $62.9M | 0.04% |
+946,226
| New | +$57M |
|
446
FMC
FMC
$1.41B
| $62.8M | 0.04% |
+1,185,324
| New | +$62.5M |
|
447
Xcel Energy
XEL
$45.3B
| $62.7M | 0.04% |
+2,213,288
| New | +$66.1M |
|
|
ANDV
448
DELISTED
Andeavor
ANDV
| $62.7M | 0.04% |
+1,198,642
| New | +$67.1M |
|
449
H&R Block
HRB
$5.65B
| $62.5M | 0.04% |
+2,253,822
| New | +$64.3M |
|
450
Realty Income
O
$55.6B
| $62.2M | 0.04% |
+1,532,027
| New | +$70.8M |
|
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.