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 | |
|---|---|---|---|---|---|---|
|
TW
551
DELISTED
TOWERS WATSON & CO COM STK CL A (DE)
TW
| $46.5M | 0.03% |
+567,110
| New | +$42.7M |
|
|
TGNA
552
DELISTED
TEGNA Inc
TGNA
| $46.4M | 0.03% |
+3,629,689
| New | +$41M |
|
553
Alliant Energy
LNT
$17.1B
| $46.3M | 0.03% |
+1,834,638
| New | +$46.6M |
|
|
NVE
554
DELISTED
NV ENERGY, INC
NVE
| $46.2M | 0.03% |
+1,970,397
| New | +$42.8M |
|
555
Lennar Class A
LEN
$18.9B
| $46.2M | 0.03% |
+1,346,007
| New | +$51.1M |
|
556
Nasdaq
NDAQ
$49.6B
| $46.1M | 0.03% |
+4,219,029
| New | +$43M |
|
557
Delta Air Lines
DAL
$51.2B
| $46M | 0.03% |
+2,458,506
| New | +$42.6M |
|
558
Cintas
CTAS
$79.8B
| $45.9M | 0.03% |
+4,033,248
| New | +$45.5M |
|
559
Signet Jewelers
SIG
$3.94B
| $45.9M | 0.03% |
+680,491
| New | +$46.5M |
|
560
Williams-Sonoma
WSM
$25.7B
| $45.8M | 0.03% |
+1,639,054
| New | +$44.2M |
|
561
United Airlines
UAL
$34.5B
| $45.8M | 0.03% |
+1,462,296
| New | +$46.5M |
|
562
Best Buy
BBY
$19.4B
| $45.7M | 0.03% |
+1,671,840
| New | +$43.1M |
|
563
Arthur J. Gallagher & Co
AJG
$62.5B
| $45.5M | 0.03% |
+1,041,912
| New | +$45.1M |
|
564
Sally Beauty Holdings
SBH
$1.5B
| $45.2M | 0.03% |
+1,454,105
| New | +$43.9M |
|
565
MGM Resorts International
MGM
$9.66B
| $45.1M | 0.03% |
+3,050,006
| New | +$43.1M |
|
566
GameStop
GME
$11.1B
| $45.1M | 0.03% |
+4,288,972
| New | +$38M |
|
|
FL
567
DELISTED
Foot Locker
FL
| $44.9M | 0.03% |
+1,278,364
| New | +$44.1M |
|
568
Timken Company
TKR
$8.09B
| $44.7M | 0.03% |
+1,109,321
| New | +$43.9M |
|
|
PNRA
569
DELISTED
Panera Bread Co
PNRA
| $44.6M | 0.03% |
+239,947
| New | +$44M |
|
570
F5
FFIV
$24B
| $44.6M | 0.03% |
+647,900
| New | +$49.9M |
|
571
Flex
FLEX
$39.9B
| $44.4M | 0.03% |
+7,614,055
| New | +$41.3M |
|
572
Gartner
IT
$12.1B
| $44.3M | 0.03% |
+777,273
| New | +$44.1M |
|
573
CF Industries
CF
$20B
| $43.8M | 0.03% |
+1,278,305
| New | +$47.7M |
|
|
MHFI
574
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $43.7M | 0.03% |
+822,254
| New | +$44.1M |
|
575
Fidelity National Financial
FNF
$11.5B
| $43.6M | 0.03% |
+3,206,910
| New | +$46.6M |
|
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.