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 | |
|---|---|---|---|---|---|---|
901
Live Nation Entertainment
LYV
$39.9B
| $24M | 0.01% |
+1,547,443
| New | +$21M |
|
902
ITT
ITT
$17.4B
| $23.9M | 0.01% |
+813,946
| New | +$23.4M |
|
903
Brinker International
EAT
$8.8B
| $23.9M | 0.01% |
+606,550
| New | +$23.9M |
|
|
ERF
904
DELISTED
Enerplus Corporation
ERF
| $23.9M | 0.01% |
+1,633,052
| New | +$23.6M |
|
905
Huntington Ingalls Industries
HII
$11B
| $23.8M | 0.01% |
+421,792
| New | +$22.8M |
|
906
ASML
ASML
$615B
| $23.8M | 0.01% |
+300,403
| New | +$22.8M |
|
|
PPS
907
DELISTED
Post Properties
PPS
| $23.8M | 0.01% |
+479,931
| New | +$23.5M |
|
908
Terex
TEX
$6.72B
| $23.7M | 0.01% |
+902,712
| New | +$27.9M |
|
909
Erie Indemnity
ERIE
$12.8B
| $23.7M | 0.01% |
+297,809
| New | +$23.2M |
|
910
Toro Company
TTC
$8.74B
| $23.7M | 0.01% |
+1,043,706
| New | +$24M |
|
911
Idexx Laboratories
IDXX
$40.5B
| $23.6M | 0.01% |
+526,062
| New | +$23M |
|
|
AIFU
912
AIFU Inc
AIFU
$63.7M
| $23.6M | 0.01% |
+9,788
| New | +$24.7M |
|
|
WNR
913
DELISTED
Western Refining Inc
WNR
| $23.5M | 0.01% |
+837,789
| New | +$26.1M |
|
|
HNT
914
DELISTED
HEALTH NET INC
HNT
| $23.5M | 0.01% |
+738,563
| New | +$22.3M |
|
915
RPM International
RPM
$12.7B
| $23.5M | 0.01% |
+735,693
| New | +$23.6M |
|
916
United Natural Foods
UNFI
$2.79B
| $23.4M | 0.01% |
+434,006
| New | +$22.5M |
|
917
Douglas Emmett
DEI
$1.74B
| $23.4M | 0.01% |
+936,882
| New | +$24.2M |
|
|
IM
918
DELISTED
Ingram Micro
IM
| $23.4M | 0.01% |
+1,230,905
| New | +$22.7M |
|
|
SPLK
919
DELISTED
Splunk Inc
SPLK
| $23.4M | 0.01% |
+503,756
| New | +$21.7M |
|
|
CZZ
920
DELISTED
Cosan Limited
CZZ
| $23.3M | 0.01% |
+1,443,962
| New | +$27.5M |
|
|
BRCD
921
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $23.3M | 0.01% |
+4,047,289
| New | +$22.6M |
|
922
World Kinect Corp
WKC
$1.81B
| $23.3M | 0.01% |
+582,906
| New | +$23.2M |
|
923
A.O. Smith
AOS
$7.73B
| $23.3M | 0.01% |
+1,281,696
| New | +$24M |
|
924
Edwards Lifesciences
EW
$51.5B
| $23.2M | 0.01% |
+2,074,686
| New | +$24.6M |
|
|
ASNA
925
DELISTED
Ascena Retail Group, Inc.
ASNA
| $23.2M | 0.01% |
+66,344
| New | +$24.7M |
|
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.