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 | |
|---|---|---|---|---|---|---|
451
National Fuel Gas
NFG
$7.77B
| $61.9M | 0.04% |
+1,067,844
| New | +$64.9M |
|
452
Autoliv
ALV
$8.51B
| $61.9M | 0.04% |
+1,109,628
| New | +$59.9M |
|
453
Cincinnati Financial
CINF
$26.3B
| $61.5M | 0.04% |
+1,340,539
| New | +$63.9M |
|
454
Akamai
AKAM
$15.1B
| $61.5M | 0.04% |
+1,444,989
| New | +$60.4M |
|
|
PETM
455
DELISTED
PETSMART INC
PETM
| $60.9M | 0.04% |
+909,441
| New | +$61.3M |
|
|
ELN
456
DELISTED
ELAN CORP ADS(RP1 ORD4IRISH PN
ELN
| $60.6M | 0.04% |
+4,288,028
| New | +$53M |
|
457
Markel Group
MKL
$22.2B
| $60.5M | 0.04% |
+114,758
| New | +$60.1M |
|
|
PCL
458
DELISTED
PLUM CREEK TIMBER CO (REIT)
PCL
| $60.2M | 0.04% |
+1,289,860
| New | +$64.9M |
|
|
WBC
459
DELISTED
WABCO HOLDINGS INC.
WBC
| $59.9M | 0.04% |
+801,417
| New | +$58.1M |
|
460
Microchip Technology
MCHP
$38.8B
| $59.8M | 0.04% |
+3,212,484
| New | +$58.7M |
|
461
Digital Realty Trust
DLR
$66.5B
| $59.5M | 0.04% |
+975,642
| New | +$63.7M |
|
|
BMC
462
DELISTED
BMC SOFTWARE, INC
BMC
| $59.3M | 0.04% |
+1,313,081
| New | +$59.2M |
|
463
TripAdvisor
TRIP
$1.06B
| $59.2M | 0.04% |
+972,796
| New | +$55.7M |
|
464
Pultegroup
PHM
$22.8B
| $59.2M | 0.04% |
+3,118,145
| New | +$64.8M |
|
465
Methanex
MEOH
$4.99B
| $59.1M | 0.04% |
+1,384,643
| New | +$58.6M |
|
466
Equifax
EFX
$19.6B
| $58.9M | 0.04% |
+999,227
| New | +$60.3M |
|
467
Molson Coors Class B
TAP
$7.32B
| $58.5M | 0.04% |
+1,221,506
| New | +$61.8M |
|
468
Willis Towers Watson
WTW
$29.9B
| $58.3M | 0.04% |
+539,943
| New | +$57.2M |
|
|
AUY
469
DELISTED
Yamana Gold, Inc.
AUY
| $58M | 0.04% |
+6,102,192
| New | +$71.2M |
|
470
Helmerich & Payne
HP
$4.34B
| $58M | 0.04% |
+928,347
| New | +$57.2M |
|
471
CBRE Group
CBRE
$40.6B
| $57.9M | 0.04% |
+2,479,666
| New | +$59M |
|
|
CSC
472
DELISTED
Computer Sciences
CSC
| $57.7M | 0.04% |
+3,126,081
| New | +$60.2M |
|
473
Everest Group
EG
$14.6B
| $57.6M | 0.04% |
+449,316
| New | +$58.1M |
|
474
American Water Works
AWK
$27.4B
| $57.6M | 0.04% |
+1,396,512
| New | +$57.7M |
|
475
Zimmer Biomet
ZBH
$18.8B
| $57.3M | 0.04% |
+787,185
| New | +$58.9M |
|
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.