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 | |
|---|---|---|---|---|---|---|
726
Jones Lang LaSalle
JLL
$15.7B
| $32.9M | 0.02% |
+360,600
| New | +$33.9M |
|
|
UNS
727
DELISTED
UNS ENERGY CORP COM
UNS
| $32.9M | 0.02% |
+734,447
| New | +$35.4M |
|
728
Albemarle
ALB
$12.9B
| $32.4M | 0.02% |
+520,069
| New | +$32.7M |
|
729
Under Armour
UAA
$2.15B
| $32.3M | 0.02% |
+2,164,548
| New | +$31.5M |
|
|
SWY
730
DELISTED
SAFEWAY INC
SWY
| $32.3M | 0.02% |
+1,524,764
| New | +$33.3M |
|
731
Starwood Property Trust
STWD
$5.55B
| $32.3M | 0.02% |
+1,618,145
| New | +$34.6M |
|
732
Nu Skin
NUS
$223M
| $32.1M | 0.02% |
+525,663
| New | +$29.2M |
|
|
BRE
733
DELISTED
BRE PROPERTIES INC CL A
BRE
| $32.1M | 0.02% |
+641,247
| New | +$32.3M |
|
734
CoStar Group
CSGP
$12.3B
| $32M | 0.02% |
+2,479,240
| New | +$28.1M |
|
735
Carlisle Companies
CSL
$12.6B
| $32M | 0.02% |
+513,094
| New | +$33.6M |
|
736
Santander
BSBR
$43.5B
| $32M | 0.02% |
+5,363,906
| New | +$36.3M |
|
737
Kilroy Realty
KRC
$4B
| $31.8M | 0.02% |
+600,556
| New | +$32.7M |
|
738
International Flavors & Fragrances
IFF
$21.5B
| $31.8M | 0.02% |
+422,956
| New | +$33M |
|
739
Tetra Tech
TTEK
$9.34B
| $31.7M | 0.02% |
+6,751,425
| New | +$35.8M |
|
|
SLH
740
DELISTED
SOLERA HOLDINGS, INC. COM
SLH
| $31.7M | 0.02% |
+569,276
| New | +$31.4M |
|
|
VR
741
DELISTED
Validus Hold Ltd
VR
| $31.6M | 0.02% |
+873,972
| New | +$32.3M |
|
742
Jabil
JBL
$31.1B
| $31.6M | 0.02% |
+1,548,688
| New | +$29.2M |
|
743
PENN Entertainment
PENN
$2.37B
| $31.6M | 0.02% |
+2,640,266
| New | +$33.4M |
|
744
Enovis
ENOV
$1.08B
| $31.5M | 0.02% |
+351,743
| New | +$29M |
|
745
Huntsman Corp
HUN
$1.61B
| $31.4M | 0.02% |
+1,896,835
| New | +$34.7M |
|
746
Copart
CPRT
$28.5B
| $31.4M | 0.02% |
+8,154,744
| New | +$34.7M |
|
747
Service Corp International
SCI
$11B
| $31.4M | 0.02% |
+1,740,503
| New | +$29.6M |
|
748
NNN REIT
NNN
$7.99B
| $31.3M | 0.02% |
+911,138
| New | +$34.2M |
|
749
Graco
GGG
$12.4B
| $31.3M | 0.02% |
+1,486,146
| New | +$30M |
|
|
DISH
750
DELISTED
DISH Network Corp.
DISH
| $31.3M | 0.02% |
+735,643
| New | +$28.6M |
|
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.