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 | |
|---|---|---|---|---|---|---|
926
Federated Hermes
FHI
$4.23B
| $23.1M | 0.01% |
+844,076
| New | +$21.4M |
|
|
AHL
927
DELISTED
ASPEN Insurance Holding Limited
AHL
| $23M | 0.01% |
+621,025
| New | +$23.4M |
|
928
RLJ Lodging Trust
RLJ
$1.65B
| $23M | 0.01% |
+1,023,247
| New | +$23.5M |
|
929
Associated Banc-Corp
ASB
$5.62B
| $23M | 0.01% |
+1,479,914
| New | +$22M |
|
930
Dillards
DDS
$10.1B
| $23M | 0.01% |
+280,040
| New | +$23.7M |
|
|
SPR
931
DELISTED
Spirit AeroSystems
SPR
| $23M | 0.01% |
+1,068,453
| New | +$22.1M |
|
|
AZPN
932
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $22.9M | 0.01% |
+796,079
| New | +$22.9M |
|
933
Hancock Whitney
HWC
$5.98B
| $22.8M | 0.01% |
+757,230
| New | +$21.6M |
|
934
Designer Brands
DBI
$309M
| $22.7M | 0.01% |
+618,702
| New | +$21.3M |
|
|
PNY
935
DELISTED
PIEDMONT NATURAL GAS CO INC(NC
PNY
| $22.6M | 0.01% |
+670,198
| New | +$22.8M |
|
|
CLC
936
DELISTED
Clarcor
CLC
| $22.6M | 0.01% |
+432,804
| New | +$22.8M |
|
937
Dentsply Sirona
XRAY
$2.02B
| $22.6M | 0.01% |
+551,137
| New | +$23M |
|
938
Emcor
EME
$32.6B
| $22.5M | 0.01% |
+553,405
| New | +$21.7M |
|
939
Pricesmart
PSMT
$5.15B
| $22.4M | 0.01% |
+255,949
| New | +$22.1M |
|
|
RVBD
940
DELISTED
RIVERBED TECHNOLOGY, INC COM
RVBD
| $22.4M | 0.01% |
+1,440,974
| New | +$22.1M |
|
|
FEIC
941
DELISTED
FEI COMPANY
FEIC
| $22.4M | 0.01% |
+307,076
| New | +$21.1M |
|
|
SGI
942
Somnigroup International
SGI
$13.5B
| $22.4M | 0.01% |
+2,038,904
| New | +$23.2M |
|
|
KATE
943
DELISTED
Kate Spade & Company
KATE
| $22.3M | 0.01% |
+997,945
| New | +$21.3M |
|
|
UPL
944
DELISTED
Ultra Petroleum Corp. Common Stock
UPL
| $22.3M | 0.01% |
+1,124,530
| New | +$24M |
|
|
AXE
945
DELISTED
Anixter International Inc
AXE
| $22.2M | 0.01% |
+293,223
| New | +$21.4M |
|
946
Maximus
MMS
$3.02B
| $22.2M | 0.01% |
+595,522
| New | +$22.8M |
|
947
Brookdale Senior Living
BKD
$2.79B
| $22.1M | 0.01% |
+834,364
| New | +$23M |
|
948
Silgan Holdings
SLGN
$4.08B
| $22M | 0.01% |
+936,120
| New | +$22.4M |
|
949
LPL Financial
LPLA
$26.2B
| $21.9M | 0.01% |
+580,639
| New | +$20.8M |
|
950
Pool Corp
POOL
$6.1B
| $21.9M | 0.01% |
+418,155
| New | +$21.2M |
|
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.