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 | |
|---|---|---|---|---|---|---|
651
Essential Utilities
WTRG
$11.7B
| $37.2M | 0.02% |
+1,485,678
| New | +$37.7M |
|
652
Kirby Corp
KEX
$7.23B
| $37.2M | 0.02% |
+467,116
| New | +$36M |
|
|
EV
653
DELISTED
Eaton Vance Corp.
EV
| $37.1M | 0.02% |
+987,867
| New | +$39.7M |
|
654
UGI
UGI
$8.19B
| $37M | 0.02% |
+1,420,829
| New | +$37.4M |
|
|
TSS
655
DELISTED
Total System Services, Inc.
TSS
| $37M | 0.02% |
+1,511,980
| New | +$36M |
|
|
LEG
656
DELISTED
Leggett & Platt
LEG
| $37M | 0.02% |
+1,188,623
| New | +$38.7M |
|
657
Factset
FDS
$9.83B
| $37M | 0.02% |
+362,483
| New | +$34.8M |
|
658
Pediatrix Medical
MD
$2.12B
| $36.9M | 0.02% |
+806,690
| New | +$36.1M |
|
659
Carter's
CRI
$1.07B
| $36.9M | 0.02% |
+498,523
| New | +$33.4M |
|
|
LPT
660
DELISTED
Liberty Property Trust
LPT
| $36.9M | 0.02% |
+998,263
| New | +$40.8M |
|
|
ATW
661
DELISTED
Atwood Oceanics
ATW
| $36.8M | 0.02% |
+706,837
| New | +$36.6M |
|
|
STR
662
DELISTED
QUESTAR CORP
STR
| $36.8M | 0.02% |
+1,542,015
| New | +$37.9M |
|
|
QEP
663
DELISTED
QEP RESOURCES, INC.
QEP
| $36.7M | 0.02% |
+1,322,757
| New | +$38.4M |
|
664
IDEX
IEX
$16.3B
| $36.7M | 0.02% |
+682,109
| New | +$36.4M |
|
665
Regency Centers
REG
$13.4B
| $36.7M | 0.02% |
+722,320
| New | +$38.7M |
|
666
Reliance Steel & Aluminium
RS
$20.1B
| $36.6M | 0.02% |
+558,929
| New | +$37M |
|
667
Southwest Airlines
LUV
$19.2B
| $36.6M | 0.02% |
+2,842,570
| New | +$38.7M |
|
668
RenaissanceRe
RNR
$13.6B
| $36.6M | 0.02% |
+421,768
| New | +$37.4M |
|
|
HCC
669
DELISTED
HCC INSURANCES HOLDINGS INC
HCC
| $36.4M | 0.02% |
+845,282
| New | +$35.9M |
|
|
SPN
670
DELISTED
Superior Energy Services, Inc.
SPN
| $36.4M | 0.02% |
+140,181
| New | +$37.3M |
|
671
Howard Hughes
HHH
$3.71B
| $36.2M | 0.02% |
+338,676
| New | +$31.9M |
|
|
GNC
672
DELISTED
GNC Holdings, Inc.
GNC
| $36.2M | 0.02% |
+817,797
| New | +$36.3M |
|
|
GRA
673
DELISTED
W.R. Grace & Co.
GRA
| $36.1M | 0.02% |
+429,718
| New | +$34.1M |
|
674
Community Health Systems
CYH
$420M
| $36M | 0.02% |
+928,621
| New | +$35M |
|
675
Cheniere Energy
LNG
$55.3B
| $36M | 0.02% |
+1,295,191
| New | +$36.4M |
|
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.