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 | |
|---|---|---|---|---|---|---|
601
Packaging Corp of America
PKG
$20.6B
| $41M | 0.03% |
+837,806
| New | +$39.8M |
|
602
Tenet Healthcare
THC
$21.4B
| $40.9M | 0.03% |
+887,688
| New | +$39.7M |
|
|
GAS
603
DELISTED
AGL Resources Inc
GAS
| $40.9M | 0.03% |
+954,754
| New | +$41M |
|
|
HBI
604
DELISTED
Hanesbrands
HBI
| $40.9M | 0.03% |
+3,179,636
| New | +$39.2M |
|
605
Iron Mountain
IRM
$33.4B
| $40.8M | 0.03% |
+1,657,438
| New | +$53.5M |
|
606
MDU Resources
MDU
$3.92B
| $40.6M | 0.03% |
+4,115,954
| New | +$39.6M |
|
607
Dick's Sporting Goods
DKS
$11B
| $40.5M | 0.03% |
+809,367
| New | +$40.5M |
|
608
WEC Energy
WEC
$33.7B
| $40.5M | 0.03% |
+987,965
| New | +$41.9M |
|
609
Avnet
AVT
$7.61B
| $40.5M | 0.03% |
+1,204,347
| New | +$40.3M |
|
610
Leidos
LDOS
$16.2B
| $40.4M | 0.03% |
+1,175,986
| New | +$41.8M |
|
|
DRE
611
DELISTED
Duke Realty Corp.
DRE
| $40.3M | 0.03% |
+2,587,648
| New | +$44.1M |
|
|
ITC
612
DELISTED
ITC HOLDINGS CORP
ITC
| $40.3M | 0.03% |
+1,325,391
| New | +$39.5M |
|
|
SFD
613
DELISTED
SMITHFIELD FOODS,INC
SFD
| $40.3M | 0.03% |
+1,231,650
| New | +$34.9M |
|
614
EnerSys
ENS
$6.2B
| $40.3M | 0.03% |
+822,254
| New | +$38.9M |
|
|
SEE
615
DELISTED
Sealed Air
SEE
| $40.3M | 0.03% |
+1,681,728
| New | +$38.8M |
|
|
DHC
616
Diversified Healthcare Trust
DHC
$1.92B
| $40.2M | 0.03% |
+1,565,220
| New | +$42.5M |
|
617
Advance Auto Parts
AAP
$2.53B
| $40.2M | 0.03% |
+495,374
| New | +$41M |
|
618
AGCO
AGCO
$8.4B
| $40.1M | 0.02% |
+798,482
| New | +$42.3M |
|
619
Cameco
CCJ
$39.6B
| $40M | 0.02% |
+1,945,189
| New | +$39.6M |
|
|
PWE
620
DELISTED
Penn West Energy Petroleum Ltd
PWE
| $39.9M | 0.02% |
+3,794,507
| New | +$37.9M |
|
|
POM
621
DELISTED
PEPCO HOLDINGS, INC.
POM
| $39.8M | 0.02% |
+1,976,330
| New | +$42.2M |
|
622
KBR
KBR
$4.61B
| $39.7M | 0.02% |
+1,221,522
| New | +$38.9M |
|
|
BCR
623
DELISTED
CR Bard Inc.
BCR
| $39.7M | 0.02% |
+365,170
| New | +$38M |
|
624
Gildan
GIL
$8.58B
| $39.6M | 0.02% |
+1,958,478
| New | +$39.7M |
|
625
Logitech
LOGI
$14.3B
| $39.2M | 0.02% |
+5,691,878
| New | +$38.8M |
|
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.