We are live on ! Find out more
Norges Bank

Norges Bank Portfolio holdings

AUM $935B
 

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.

This Fund
S&P 500
This Quarter Est. Return
-0.22%
1 Year Est. Return
–
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$185B
AUM Growth
-$186B
Cap. Flow
-$184B
Cap. Flow %
-99.43%
Top 10 Hldgs %
14.53%
Holding
2,360
New
110
Increased
49
Reduced
2,169
Closed
32

Top Buys

Rank Stock Value
1
WFT
Weatherford International plc
WFT
+$134M
2
AA icon
Alcoa
AA
+$129M
3
SWN
Southwestern Energy Company
SWN
+$99.6M
4
MTUS icon
Metallus
MTUS
+$92.2M
5
FWONK icon
Liberty Media Series C
FWONK
+$76.8M

Top Sells

Rank Stock Value
1
AAPL icon
Apple
AAPL
+$4.4B
2
BLK icon
Blackrock
BLK
+$3.79B
3
XOM icon
ExxonMobil
XOM
+$3.16B
4
MSFT icon
Microsoft
MSFT
+$2.79B
5
GOOG icon
Alphabet (Google) Class C
GOOG
+$2.22B

Sector Composition

Rank Sector Weight
1 Financials 17%
2 Technology 13.81%
3 Healthcare 12.74%
4 Energy 9.56%
5 Industrials 9.48%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
AMTD
426
DELISTED
TD Ameritrade Holding Corp
AMTD
$77.8M 0.04%
2,332,335
-1,950,275
-46% -$63.1M
PII icon
427
Polaris
PII
$3.83B
$77.7M 0.04%
518,771
-518,771
-50% -$75M
NTRS icon
428
Northern Trust
NTRS
$21.8B
$77.6M 0.04%
1,140,654
-1,169,788
-51% -$78.6M
EW icon
429
Edwards Lifesciences
EW
$49.4B
$77.4M 0.04%
4,545,990
-4,418,826
-49% -$69.8M
AKAM icon
430
Akamai
AKAM
$15.6B
$77.3M 0.04%
1,292,727
-950,605
-42% -$57.1M
SUNE
431
DELISTED
SUNEDISON, INC COM
SUNE
$77.3M 0.04%
4,092,273
-5,292,273
-56% -$113M
ESV
432
DELISTED
Ensco Rowan plc
ESV
$77.2M 0.04%
467,382
-372,143
-44% -$73.8M
CPB icon
433
Campbell Soup
CPB
$6.85B
$76.9M 0.04%
1,799,842
-1,665,312
-48% -$72.9M
XEL icon
434
Xcel Energy
XEL
$49.2B
$76.5M 0.04%
2,518,078
-2,583,890
-51% -$80.8M
AAL icon
435
American Airlines Group
AAL
$9.82B
$76.2M 0.04%
2,147,371
-1,647,371
-43% -$64.8M
RRC icon
436
Range Resources
RRC
$9.33B
$75.7M 0.04%
1,116,101
-1,009,953
-48% -$77.1M
EG icon
437
Everest Group
EG
$15.6B
$75.6M 0.04%
466,499
-417,197
-47% -$67.5M
FWONK icon
438
Liberty Media Series C
FWONK
$25.5B
$75.4M 0.04%
+2,999,220
New +$76.8M
EA icon
439
Electronic Arts
EA
$52.7B
$74.5M 0.04%
2,091,121
-2,091,121
-50% -$76.2M
SCCO icon
440
Southern Copper
SCCO
$138B
$74.4M 0.04%
2,705,941
-2,705,940
-50% -$80.6M
LHX icon
441
L3Harris
LHX
$55.4B
$74.2M 0.04%
1,117,113
-832,553
-43% -$58.9M
HXL icon
442
Hexcel
HXL
$7.97B
$74M 0.04%
1,864,326
-1,864,326
-50% -$73.5M
WLL
443
DELISTED
Whiting Petroleum Corporation
WLL
$73.7M 0.04%
3,169
-2,919
-48% -$74.4M
AAP icon
444
Advance Auto Parts
AAP
$3.53B
$73.7M 0.04%
565,627
-565,627
-50% -$74.2M
GG
445
DELISTED
Goldcorp Inc
GG
$73.7M 0.04%
3,190,678
-3,486,600
-52% -$93.7M
CE icon
446
Celanese
CE
$4.82B
$73.4M 0.04%
1,254,143
-1,176,989
-48% -$72.5M
TLM
447
DELISTED
TALISMAN ENERGY INC
TLM
$73.3M 0.04%
8,455,215
-8,836,993
-51% -$89.1M
LH icon
448
Labcorp
LH
$25.2B
$73.2M 0.04%
837,465
-781,887
-48% -$70.6M
BALL icon
449
Ball Corp
BALL
$17.5B
$72.9M 0.04%
2,303,380
-2,174,888
-49% -$69.3M
WU icon
450
Western Union
WU
$2.53B
$72.6M 0.04%
4,525,091
-4,051,717
-47% -$69.7M
16 17
18
19 20

Similar funds

CIBC Private Wealth Group
CIBC Private Wealth Group Atlanta, Georgia $59.2B AUM 20.62% 1-Year Est. Return
Two Sigma Advisers
Two Sigma Advisers New York $51.4B AUM 31.07% 1-Year Est. Return
Comerica Bank
Comerica Bank Dallas, Texas $25.1B AUM 24.68% 1-Year Est. Return
CWM
CIBC World Markets New York $20.8B AUM
VRS
Virginia Retirement Systems Richmond, Virginia $16.8B AUM 25.91% 1-Year Est. Return
FAF
Första AP-fonden Stockholm, Sweden $16.8B AUM 29.64% 1-Year Est. Return
BGIM
Brandywine Global Investment Management Philadelphia, Pennsylvania $14.9B AUM 20.41% 1-Year Est. Return
CIM
CCLA Investment Management London, United Kingdom $6.23B AUM 5.02% 1-Year Est. Return

Norges Bank's Q3 2014 Portfolio in Review

As of Q3 2014, Norges Bank held 2,360 positions worth $185B, down 50% from $371B the previous quarter. Its ten largest holdings account for 15% of the portfolio.

Norges Bank withdrew a net $184B in Q3 2014, closing 32 positions and reducing 2,169 holdings. Its most notable exit was Deutsche Bank, an estimated $1.74B position sold in full.

By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 17% a quarter earlier, followed by Technology and Healthcare.

Against the trend, Norges Bank opened a new position in Metallus worth $92.8M.

  • Norges Bank's largest Q3 2014 buy was Metallus: 1,996,282 shares worth $92.8M.
  • Norges Bank added most to Weatherford International plc in Q3 2014, an estimated $134M increase.
  • Norges Bank's biggest Q3 2014 reduction was Apple, cutting an estimated $4.4B.
  • Norges Bank fully exited Deutsche Bank in Q3 2014, selling an estimated $1.74B.
  • Norges Bank's ten largest holdings make up 15% of its $185B portfolio in Q3 2014.
  • Norges Bank opened 110 new positions and closed 32 in Q3 2014.
  • Norges Bank's portfolio value fell 50% quarter-over-quarter to $185B.

Based on Norges Bank's 13F filing for Q3 2014, filed 7 Nov 2014.