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 | |
|---|---|---|---|---|---|---|
|
APOL
1051
DELISTED
Apollo Education Group Inc Class A
APOL
| $18.9M | 0.01% |
+1,063,972
| New | +$20.3M |
|
|
MSCC
1052
DELISTED
Microsemi Corp
MSCC
| $18.9M | 0.01% |
+828,674
| New | +$17.7M |
|
|
AL
1053
DELISTED
Air Lease Corp
AL
| $18.8M | 0.01% |
+682,366
| New | +$19.1M |
|
1054
Primerica
PRI
$8.96B
| $18.8M | 0.01% |
+501,699
| New | +$17.3M |
|
1055
Belden
BDC
$4.41B
| $18.8M | 0.01% |
+375,829
| New | +$19.1M |
|
|
PVG
1056
DELISTED
PRETIUM RESOURCES INC.
PVG
| $18.7M | 0.01% |
+2,820,652
| New | +$20.1M |
|
|
RGC
1057
DELISTED
Regal Entertainment Group
RGC
| $18.6M | 0.01% |
+1,041,215
| New | +$18.6M |
|
1058
COPT Defense Properties
CDP
$3.93B
| $18.6M | 0.01% |
+730,153
| New | +$20.1M |
|
|
LXK
1059
DELISTED
Lexmark Intl Inc
LXK
| $18.6M | 0.01% |
+608,737
| New | +$17.9M |
|
|
SD
1060
DELISTED
SANDRIDGE ENERGY, INC.
SD
| $18.6M | 0.01% |
+3,903,065
| New | +$19.6M |
|
1061
Invesco Mortgage Capital
IVR
$717M
| $18.6M | 0.01% |
+112,129
| New | +$22.1M |
|
|
KOG
1062
DELISTED
KODIAK OIL & GAS CORP
KOG
| $18.6M | 0.01% |
+2,088,563
| New | +$17.7M |
|
1063
GATX Corp
GATX
$6.44B
| $18.5M | 0.01% |
+390,584
| New | +$19.7M |
|
1064
Ciena
CIEN
$50.2B
| $18.5M | 0.01% |
+953,567
| New | +$15.9M |
|
1065
Sociedad Química y Minera de Chile
SQM
$20.4B
| $18.5M | 0.01% |
+470,188
| New | +$21.8M |
|
|
CSE
1066
DELISTED
CAPITALSOURCE INC
CSE
| $18.5M | 0.01% |
+1,970,921
| New | +$18.3M |
|
|
GES
1067
DELISTED
Guess Inc
GES
| $18.4M | 0.01% |
+593,971
| New | +$17M |
|
1068
Wendy's
WEN
$1.36B
| $18.4M | 0.01% |
+3,161,499
| New | +$18.3M |
|
1069
Copa Holdings
CPA
$5.32B
| $18.4M | 0.01% |
+140,441
| New | +$17.9M |
|
1070
Thor Industries
THO
$3.61B
| $18.4M | 0.01% |
+374,217
| New | +$15.3M |
|
|
ONXX
1071
DELISTED
ONYX PHARMACEUTICALS INC
ONXX
| $18.4M | 0.01% |
+211,965
| New | +$19.5M |
|
|
ROSE
1072
DELISTED
ROSETTA RESOURCES INC
ROSE
| $18.3M | 0.01% |
+431,308
| New | +$19.7M |
|
|
SLXP
1073
DELISTED
SALIX PHARMACEUTICALS LTD DEL
SLXP
| $18.3M | 0.01% |
+277,232
| New | +$15.9M |
|
1074
Steel Dynamics
STLD
$35B
| $18.2M | 0.01% |
+1,222,318
| New | +$18.3M |
|
|
AAN.A
1075
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $18.2M | 0.01% |
+649,743
| New | +$18.2M |
|
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.