We are live on ! Find out more
Norges Bank

Norges Bank Portfolio holdings

AUM $935B
 

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.

This Fund
S&P 500
This Quarter Est. Return
+9.04%
1 Year Est. Return
–
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$461B
AUM Growth
+$24.5B
Cap. Flow
-$9.73B
Cap. Flow %
-2.11%
Top 10 Hldgs %
22.33%
Holding
2,310
New
183
Increased
607
Reduced
1,278
Closed
104

Top Buys

Rank Stock Value
1
UDR icon
UDR
UDR
+$330M
2
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$329M
3
ARE icon
Alexandria Real Estate Equities
ARE
+$327M
4
INVH icon
Invitation Homes
INVH
+$309M
5
TSLA icon
Tesla
TSLA
+$260M

Top Sells

Rank Stock Value
1
AAPL icon
Apple
AAPL
+$970M
2
GOOG icon
Alphabet (Google) Class C
GOOG
+$928M
3
C icon
Citigroup
C
+$368M
4
LIN icon
Linde
LIN
+$354M
5
BRK.B icon
Berkshire Hathaway Class B
BRK.B
+$320M

Sector Composition

Rank Sector Weight
1 Technology 23.3%
2 Financials 14.41%
3 Healthcare 12.63%
4 Consumer Discretionary 12.55%
5 Communication Services 10.95%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BTG icon
976
B2Gold
BTG
$6.64B
$49.6M 0.01%
11,823,024
-162,859
-1% -$795K
PK icon
977
Park Hotels & Resorts
PK
$2.97B
$49.4M 0.01%
2,398,737
-81,606
-3% -$1.75M
ADV icon
978
Advantage Solutions
ADV
$361M
$49.4M 0.01%
183,242
+11,242
+7% +$3.47M
VMI icon
979
Valmont Industries
VMI
$9.53B
$49.4M 0.01%
209,379
+2,864
+1% +$693K
CMBT
980
CMB.TECH NV
CMBT
$4.73B
$49.3M 0.01%
5,304,531
+1,180,819
+29% +$10.8M
AYX
981
DELISTED
Alteryx Inc
AYX
$49.2M 0.01%
572,191
-45,108
-7% -$3.69M
POWI icon
982
Power Integrations
POWI
$3.61B
$49M 0.01%
597,483
-18,847
-3% -$1.52M
TDC icon
983
Teradata
TDC
$2.55B
$48.9M 0.01%
979,389
-104,941
-10% -$4.77M
EXPO icon
984
Exponent
EXPO
$3.24B
$48.8M 0.01%
547,011
+29,940
+6% +$2.8M
PACW
985
DELISTED
PacWest Bancorp
PACW
$48.8M 0.01%
1,185,518
-61,758
-5% -$2.64M
BLD
986
DELISTED
TopBuild
BLD
$48.7M 0.01%
246,116
-88,629
-26% -$18.4M
APPN icon
987
Appian
APPN
$2.48B
$48.6M 0.01%
353,137
+45,092
+15% +$5.12M
TGNA
988
DELISTED
TEGNA Inc
TGNA
$48.5M 0.01%
2,587,966
-116,138
-4% -$2.28M
SNX icon
989
TD Synnex
SNX
$20.2B
$48.4M 0.01%
397,334
+69,651
+21% +$8.56M
HXL icon
990
Hexcel
HXL
$7.82B
$48.3M 0.01%
773,928
-739,288
-49% -$42.6M
SIGI icon
991
Selective Insurance
SIGI
$5.73B
$48.1M 0.01%
593,149
+14,866
+3% +$1.14M
SPR
992
DELISTED
Spirit AeroSystems
SPR
$48.1M 0.01%
1,019,885
-32,770
-3% -$1.55M
MEDP icon
993
Medpace
MEDP
$16.5B
$48M 0.01%
271,502
-12,818
-5% -$2.21M
NWS icon
994
News Corp Class B
NWS
$17.5B
$48M 0.01%
1,969,394
+798,091
+68% +$19.7M
CXT icon
995
Crane NXT
CXT
$3.07B
$47.9M 0.01%
1,494,184
-78,824
-5% -$2.57M
PEGA icon
996
Pegasystems
PEGA
$5.38B
$47.9M 0.01%
688,340
+25,100
+4% +$1.58M
KMPR icon
997
Kemper
KMPR
$1.68B
$47.9M 0.01%
647,965
-49,698
-7% -$3.83M
AWI icon
998
Armstrong World Industries
AWI
$7.84B
$47.8M 0.01%
445,938
-47,215
-10% -$4.86M
IART icon
999
Integra LifeSciences
IART
$1.34B
$47.8M 0.01%
700,581
-4,531
-0.6% -$320K
INSP icon
1000
Inspire Medical Systems
INSP
$1.74B
$47.8M 0.01%
247,152
+53,976
+28% +$10.7M
38 39
40
41 42

Similar funds

CIBC Private Wealth Group
CIBC Private Wealth Group Atlanta, Georgia $59.2B AUM 20.62% 1-Year Est. Return
Two Sigma Advisers
Two Sigma Advisers New York $51.4B AUM 31.07% 1-Year Est. Return
Comerica Bank
Comerica Bank Dallas, Texas $25.1B AUM 24.68% 1-Year Est. Return
CWM
CIBC World Markets New York $20.8B AUM
VRS
Virginia Retirement Systems Richmond, Virginia $16.8B AUM 25.91% 1-Year Est. Return
FAF
Första AP-fonden Stockholm, Sweden $16.8B AUM 29.64% 1-Year Est. Return
BGIM
Brandywine Global Investment Management Philadelphia, Pennsylvania $14.9B AUM 20.41% 1-Year Est. Return
CIM
CCLA Investment Management London, United Kingdom $6.23B AUM 5.02% 1-Year Est. Return

Norges Bank's Q2 2021 Portfolio in Review

As of Q2 2021, Norges Bank held 2,310 positions worth $461B, up 5.6% from $437B the previous quarter. Its ten largest holdings account for 22% of the portfolio.

Norges Bank's Q2 2021 filing shows 183 new, 607 increased, 1,278 reduced and 104 closed positions. Its largest new stake was DoorDash: 1,116,782 shares worth $199M. The largest sale was Apple, an estimated $970M.

By sector, the portfolio is most concentrated in Technology at 23% of assets, up from 23% a quarter earlier, followed by Financials and Healthcare.

  • Norges Bank's largest Q2 2021 buy was DoorDash: 1,116,782 shares worth $199M.
  • Norges Bank added most to UDR in Q2 2021, an estimated $330M increase.
  • Norges Bank's biggest Q2 2021 reduction was Apple, cutting an estimated $970M.
  • Norges Bank fully exited INPHI CORPORATION in Q2 2021, selling an estimated $205M.
  • Norges Bank's ten largest holdings make up 22% of its $461B portfolio in Q2 2021.
  • Norges Bank opened 183 new positions and closed 104 in Q2 2021.
  • Norges Bank's portfolio value rose 5.6% quarter-over-quarter to $461B.

Based on Norges Bank's 13F filing for Q2 2021, filed 10 Aug 2021.