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 | |
|---|---|---|---|---|---|---|
|
MOLX
976
DELISTED
MOLEX INC
MOLX
| $21M | 0.01% |
+714,495
| New | +$20.6M |
|
977
EPR Properties
EPR
$4.39B
| $20.9M | 0.01% |
+416,723
| New | +$22.6M |
|
978
Eldorado Gold
EGO
$11.1B
| $20.9M | 0.01% |
+678,366
| New | +$25M |
|
979
Casey's General Stores
CASY
$22.4B
| $20.9M | 0.01% |
+347,621
| New | +$20.5M |
|
980
ScottsMiracle-Gro
SMG
$3.18B
| $20.9M | 0.01% |
+431,740
| New | +$20.1M |
|
|
PCYC
981
DELISTED
PHARMACYCLICS INC
PCYC
| $20.8M | 0.01% |
+262,237
| New | +$21.4M |
|
|
SNV
982
DELISTED
Synovus
SNV
| $20.8M | 0.01% |
+1,017,681
| New | +$19.3M |
|
983
Targa Resources
TRGP
$61.4B
| $20.8M | 0.01% |
+322,844
| New | +$21.5M |
|
984
Graham Holdings Company
GHC
$4.78B
| $20.8M | 0.01% |
+71,046
| New | +$19.7M |
|
|
WOOF
985
DELISTED
VCA Inc.
WOOF
| $20.7M | 0.01% |
+794,451
| New | +$19.3M |
|
|
SCG
986
DELISTED
Scana
SCG
| $20.7M | 0.01% |
+421,918
| New | +$21.7M |
|
987
Portland General Electric
POR
$5.67B
| $20.7M | 0.01% |
+676,790
| New | +$21M |
|
988
Radian Group
RDN
$4.62B
| $20.7M | 0.01% |
+1,781,090
| New | +$21.5M |
|
|
UNT
989
DELISTED
UNIT Corporation
UNT
| $20.7M | 0.01% |
+485,814
| New | +$21.3M |
|
990
IPG Photonics
IPGP
$3.28B
| $20.7M | 0.01% |
+340,287
| New | +$20.8M |
|
|
TCF
991
DELISTED
TCF Financial Corporation
TCF
| $20.6M | 0.01% |
+1,453,617
| New | +$20.9M |
|
|
CVC
992
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $20.6M | 0.01% |
+1,225,419
| New | +$18.3M |
|
993
Ryman Hospitality Properties
RHP
$8.42B
| $20.6M | 0.01% |
+527,604
| New | +$21.6M |
|
|
CMA
994
DELISTED
Comerica
CMA
| $20.6M | 0.01% |
+516,392
| New | +$19.3M |
|
995
Bank of Hawaii
BOH
$2.97B
| $20.6M | 0.01% |
+408,465
| New | +$20.1M |
|
|
LHO
996
DELISTED
LaSalle Hotel Properties
LHO
| $20.5M | 0.01% |
+830,912
| New | +$21.5M |
|
|
ENH
997
DELISTED
Endurance Specialty Holdings Ltd
ENH
| $20.5M | 0.01% |
+398,801
| New | +$19.7M |
|
|
SEMG
998
DELISTED
SEMGROUP CORPORATION
SEMG
| $20.5M | 0.01% |
+380,510
| New | +$20.2M |
|
|
PDS
999
Precision Drilling
PDS
$1.12B
| $20.4M | 0.01% |
+120,463
| New | +$20.3M |
|
1000
Steven Madden
SHOO
$3.08B
| $20.4M | 0.01% |
+950,245
| New | +$19.9M |
|
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.