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 | |
|---|---|---|---|---|---|---|
526
Mettler-Toledo International
MTD
$27.6B
| $49.8M | 0.03% |
+247,589
| New | +$52.7M |
|
|
VAL
527
DELISTED
Valspar
VAL
| $49.1M | 0.03% |
+759,480
| New | +$50.6M |
|
528
Crown Holdings
CCK
$12.2B
| $49.1M | 0.03% |
+1,193,273
| New | +$50.3M |
|
529
Raymond James Financial
RJF
$31.7B
| $48.9M | 0.03% |
+1,707,002
| New | +$49.4M |
|
530
Nucor
NUE
$59.1B
| $48.8M | 0.03% |
+1,126,685
| New | +$50M |
|
531
L3Harris
LHX
$46.7B
| $48.8M | 0.03% |
+990,920
| New | +$47.1M |
|
532
Royal Caribbean
RCL
$67.9B
| $48.8M | 0.03% |
+1,462,625
| New | +$50.8M |
|
|
SNI
533
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $48.7M | 0.03% |
+729,015
| New | +$48.9M |
|
534
BlackBerry
BB
$4.48B
| $48.6M | 0.03% |
+4,636,020
| New | +$67.1M |
|
535
GSK
GSK
$101B
| $48.5M | 0.03% |
+776,752
| New | +$49.3M |
|
|
CLR
536
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $48.4M | 0.03% |
+1,125,062
| New | +$46.5M |
|
537
Camden Property Trust
CPT
$11.7B
| $48.4M | 0.03% |
+699,678
| New | +$49.3M |
|
538
O-I Glass
OI
$945M
| $48.3M | 0.03% |
+1,736,651
| New | +$46.9M |
|
539
DTE Energy
DTE
$27.2B
| $48.2M | 0.03% |
+845,158
| New | +$49.8M |
|
540
Lear
LEA
$6.08B
| $48.2M | 0.03% |
+796,879
| New | +$46M |
|
541
AXIS Capital
AXS
$7.27B
| $47.9M | 0.03% |
+1,046,370
| New | +$46M |
|
542
Genworth Financial
GNW
$3.81B
| $47.8M | 0.03% |
+4,191,357
| New | +$43.6M |
|
543
Fossil Group
FOSL
$315M
| $47.6M | 0.03% |
+460,838
| New | +$46.6M |
|
544
Essex Property Trust
ESS
$17.4B
| $47.6M | 0.03% |
+299,258
| New | +$47.1M |
|
545
Hasbro
HAS
$12.6B
| $47.4M | 0.03% |
+1,057,403
| New | +$48.1M |
|
546
Quanta Services
PWR
$93.1B
| $47.4M | 0.03% |
+1,790,713
| New | +$49.7M |
|
|
PRE
547
DELISTED
PARTNERRE LTD
PRE
| $47.4M | 0.03% |
+522,991
| New | +$47.6M |
|
|
ONIT
548
Onity Group
ONIT
$285M
| $46.8M | 0.03% |
+75,654
| New | +$45.7M |
|
|
NLSN
549
DELISTED
Nielsen Holdings plc
NLSN
| $46.7M | 0.03% |
+1,391,661
| New | +$48.4M |
|
550
Teck Resources
TECK
$31.5B
| $46.7M | 0.03% |
+2,192,441
| New | +$56.9M |
|
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.