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 | |
|---|---|---|---|---|---|---|
701
Tidewater
TDW
$4.39B
| $34.7M | 0.02% |
+18,879
| New | +$32.9M |
|
|
FRC
702
DELISTED
First Republic Bank
FRC
| $34.2M | 0.02% |
+889,876
| New | +$34M |
|
|
LM
703
DELISTED
Legg Mason, Inc.
LM
| $34.2M | 0.02% |
+1,103,014
| New | +$36.1M |
|
|
SPWR
704
DELISTED
SunPower Corporation Common Stock
SPWR
| $34.2M | 0.02% |
+2,523,204
| New | +$26.7M |
|
705
Toll Brothers
TOL
$12.2B
| $34.1M | 0.02% |
+1,045,706
| New | +$35.3M |
|
706
Cullen/Frost Bankers
CFR
$9.91B
| $34.1M | 0.02% |
+510,762
| New | +$32.2M |
|
707
SM Energy
SM
$9.08B
| $34.1M | 0.02% |
+567,927
| New | +$34.6M |
|
|
HOUS
708
DELISTED
Anywhere Real Estate
HOUS
| $34.1M | 0.02% |
+708,943
| New | +$34.8M |
|
709
Commerce Bancshares
CBSH
$8.22B
| $34M | 0.02% |
+1,473,950
| New | +$32.5M |
|
|
WR
710
DELISTED
Westar Energy Inc
WR
| $34M | 0.02% |
+1,064,574
| New | +$35M |
|
711
Waters Corp
WAT
$41.1B
| $34M | 0.02% |
+339,767
| New | +$32.5M |
|
712
Compañía de Minas Buenaventura
BVN
$8.4B
| $33.9M | 0.02% |
+2,298,752
| New | +$44.8M |
|
713
Open Text
OTEX
$5.67B
| $33.8M | 0.02% |
+1,981,608
| New | +$32.4M |
|
|
HSH
714
DELISTED
HILLSHIRE BRANDS CO
HSH
| $33.7M | 0.02% |
+1,018,695
| New | +$35.2M |
|
715
Cadence Design Systems
CDNS
$77.1B
| $33.7M | 0.02% |
+2,326,916
| New | +$32.8M |
|
716
MSCI
MSCI
$39.3B
| $33.7M | 0.02% |
+1,012,094
| New | +$34.2M |
|
717
Cboe Global Markets
CBOE
$28.2B
| $33.5M | 0.02% |
+718,102
| New | +$28.4M |
|
718
Ashland
ASH
$3.23B
| $33.5M | 0.02% |
+819,168
| New | +$34.1M |
|
719
Jack Henry & Associates
JKHY
$11.1B
| $33.4M | 0.02% |
+708,798
| New | +$32.8M |
|
|
FLIR
720
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $33.3M | 0.02% |
+1,235,982
| New | +$30.7M |
|
721
BioMarin Pharmaceuticals
BMRN
$12.5B
| $33.3M | 0.02% |
+597,008
| New | +$37.2M |
|
|
TGI
722
DELISTED
Triumph Group
TGI
| $33.1M | 0.02% |
+418,142
| New | +$32.4M |
|
|
PPLI
723
People Inc
PPLI
$2.78B
| $33.1M | 0.02% |
+3,889,687
| New | +$33.1M |
|
724
East-West Bancorp
EWBC
$17.3B
| $33M | 0.02% |
+1,200,935
| New | +$30.5M |
|
725
AstraZeneca
AZN
$253B
| $33M | 0.02% |
+697,329
| New | +$35.5M |
|
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.