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
-15.38%
1 Year Est. Return
–
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$387B
AUM Growth
-$71.9B
Cap. Flow
+$7.52B
Cap. Flow %
1.94%
Top 10 Hldgs %
22.98%
Holding
2,232
New
70
Increased
787
Reduced
1,058
Closed
180

Top Buys

Rank Stock Value
1
MSFT icon
Microsoft
MSFT
+$1.63B
2
AAPL icon
Apple
AAPL
+$1.62B
3
META icon
Meta Platforms (Facebook)
META
+$1.18B
4
AMZN icon
Amazon
AMZN
+$978M
5
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$769M

Top Sells

Rank Stock Value
1
T icon
AT&T
T
+$509M
2
CVX icon
Chevron
CVX
+$405M
3
TMUS icon
T-Mobile US
TMUS
+$339M
4
LULU icon
lululemon athletica
LULU
+$302M
5
ACC
American Campus Communities, Inc.
ACC
+$301M

Sector Composition

Rank Sector Weight
1 Technology 23.69%
2 Financials 14.38%
3 Healthcare 14.2%
4 Consumer Discretionary 10.56%
5 Communication Services 8.73%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
RCI icon
626
Rogers Communications
RCI
$18.3B
$70.7M 0.02%
1,475,167
-733,679
-33% -$38.4M
PCTY icon
627
Paylocity
PCTY
$7.38B
$70.4M 0.02%
403,743
+6,613
+2% +$1.21M
LAMR icon
628
Lamar Advertising Co
LAMR
$16.2B
$70.3M 0.02%
799,602
-30,148
-4% -$3.06M
WEX icon
629
WEX
WEX
$6.37B
$70.3M 0.02%
451,939
-14,030
-3% -$2.3M
CAE icon
630
CAE Inc. Common Shares
CAE
$8.3B
$70.1M 0.02%
2,845,033
+37,841
+1% +$938K
BLD
631
DELISTED
TopBuild
BLD
$69.9M 0.02%
418,106
+125,318
+43% +$22.9M
CCMP
632
DELISTED
CMC Materials, Inc. Common Stock
CCMP
$69.8M 0.02%
399,771
+65,031
+19% +$11.5M
CFR icon
633
Cullen/Frost Bankers
CFR
$10.3B
$69.6M 0.02%
597,768
+26,556
+5% +$3.39M
LNW
634
DELISTED
Light & Wonder
LNW
$69.5M 0.02%
1,479,309
-457,577
-24% -$24.5M
JBL icon
635
Jabil
JBL
$33B
$69.3M 0.02%
1,353,710
-44,529
-3% -$2.58M
SPLK
636
DELISTED
Splunk Inc
SPLK
$69.2M 0.02%
781,840
-125,132
-14% -$13.8M
HUBB icon
637
Hubbell
HUBB
$25B
$68.9M 0.02%
385,832
-52,370
-12% -$9.87M
THC icon
638
Tenet Healthcare
THC
$20.5B
$68.5M 0.02%
1,302,492
+30,261
+2% +$2.11M
COHR
639
DELISTED
Coherent Inc
COHR
$68.4M 0.02%
256,766
+30,565
+14% +$8.19M
ARW icon
640
Arrow Electronics
ARW
$11.1B
$68.2M 0.02%
608,810
-40,450
-6% -$4.72M
FBIN icon
641
Fortune Brands Innovations
FBIN
$5.88B
$68.1M 0.02%
1,330,052
-163,962
-11% -$9.61M
MKSI icon
642
MKS Inc
MKSI
$20.1B
$68M 0.02%
662,501
+91,245
+16% +$10.6M
G icon
643
Genpact
G
$5.96B
$67.9M 0.02%
1,602,521
-39,339
-2% -$1.67M
ROL icon
644
Rollins
ROL
$18.3B
$67.8M 0.02%
1,942,977
+70,480
+4% +$2.42M
GTLB icon
645
GitLab
GTLB
$5.83B
$67.8M 0.02%
1,276,141
+250,383
+24% +$11.6M
EGP icon
646
EastGroup Properties
EGP
$11.2B
$67.4M 0.02%
436,769
+31,599
+8% +$5.54M
CDK
647
DELISTED
CDK Global, Inc.
CDK
$67.4M 0.02%
1,230,239
+112,143
+10% +$6.06M
LSCC icon
648
Lattice Semiconductor
LSCC
$17.6B
$67.1M 0.02%
1,383,045
-19,558
-1% -$974K
BERY
649
DELISTED
Berry Global Group, Inc.
BERY
$66.8M 0.02%
1,330,929
-328,042
-20% -$17M
GLOB icon
650
Globant
GLOB
$1.58B
$66.6M 0.02%
383,020
+29,509
+8% +$6.01M
24 25
26
27 28

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 Q2 2022 Portfolio in Review

As of Q2 2022, Norges Bank held 2,232 positions worth $387B, down 16% from $459B the previous quarter. Its ten largest holdings account for 23% of the portfolio.

Norges Bank's Q2 2022 filing shows 70 new, 787 increased, 1,058 reduced and 180 closed positions. Its largest new stake was Bausch + Lomb: 3,234,219 shares worth $49.3M. The largest sale was AT&T, an estimated $509M.

By sector, the portfolio is most concentrated in Technology at 24% of assets, down from 24% a quarter earlier, followed by Financials and Healthcare.

  • Norges Bank's largest Q2 2022 buy was Bausch + Lomb: 3,234,219 shares worth $49.3M.
  • Norges Bank added most to Microsoft in Q2 2022, an estimated $1.63B increase.
  • Norges Bank's biggest Q2 2022 reduction was AT&T, cutting an estimated $509M.
  • Norges Bank fully exited Cerner Corp in Q2 2022, selling an estimated $279M.
  • Norges Bank's ten largest holdings make up 23% of its $387B portfolio in Q2 2022.
  • Norges Bank opened 70 new positions and closed 180 in Q2 2022.
  • Norges Bank's portfolio value fell 16% quarter-over-quarter to $387B.

Based on Norges Bank's 13F filing for Q2 2022, filed 11 Aug 2022.