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 |
UDR
UDR
|
+$330M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$329M |
| 3 |
Alexandria Real Estate Equities
ARE
|
+$327M |
| 4 |
Invitation Homes
INVH
|
+$309M |
| 5 |
Tesla
TSLA
|
+$260M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$970M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$928M |
| 3 |
Citigroup
C
|
+$368M |
| 4 |
Linde
LIN
|
+$354M |
| 5 |
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 | |
|---|---|---|---|---|---|---|
|
EVBG
1076
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $41.8M | 0.01% |
306,845
-21,818
| -7% | -$2.73M |
|
|
LPRO
1077
DELISTED
Open Lending Corp
LPRO
| $41.5M | 0.01% |
962,699
+307,454
| +47% | +$11.8M |
|
1078
Workiva
WK
$3.54B
| $41.5M | 0.01% |
372,380
-120,085
| -24% | -$11.7M |
|
1079
Clean Harbors
CLH
$16.3B
| $41.4M | 0.01% |
444,828
-45,950
| -9% | -$4.18M |
|
1080
Avnet
AVT
$7.92B
| $41.4M | 0.01% |
1,033,481
-54,577
| -5% | -$2.35M |
|
1081
Blackstone Mortgage Trust
BXMT
$2.38B
| $41.4M | 0.01% |
1,297,923
-98,511
| -7% | -$3.17M |
|
1082
Brighthouse Financial
BHF
$3.5B
| $41.3M | 0.01% |
906,281
-34,624
| -4% | -$1.63M |
|
|
WRI
1083
DELISTED
Weingarten Realty Investors
WRI
| $41.3M | 0.01% |
1,286,588
-35,787
| -3% | -$1.13M |
|
1084
Strategy Inc
MSTR
$38.4B
| $41.1M | 0.01% |
618,600
-714,080
| -54% | -$42.2M |
|
1085
3D Systems Corp
DDD
$613M
| $41M | 0.01% |
1,026,609
-141,300
| -12% | -$3.74M |
|
1086
The Ensign Group
ENSG
$10.7B
| $41M | 0.01% |
473,367
+29,677
| +7% | +$2.56M |
|
|
JBTM
1087
JBT Marel
JBTM
$6.39B
| $41M | 0.01% |
287,301
-18,023
| -6% | -$2.51M |
|
1088
Allogene Therapeutics
ALLO
$694M
| $41M | 0.01% |
1,570,629
+610,458
| +64% | +$17.4M |
|
|
JOYY
1089
JOYY Inc
JOYY
$3.75B
| $40.9M | 0.01% |
619,285
-29,667
| -5% | -$2.52M |
|
|
VISN
1090
Vistance Networks Inc
VISN
$2.52B
| $40.7M | 0.01% |
1,911,584
-895,258
| -32% | -$16.7M |
|
1091
Tronox
TROX
$1.04B
| $40.7M | 0.01% |
1,817,459
-99,113
| -5% | -$2.18M |
|
1092
Bloom Energy
BE
$64.6B
| $40.5M | 0.01% |
1,507,551
+793,419
| +111% | +$19.2M |
|
1093
Bankunited
BKU
$3.36B
| $40.4M | 0.01% |
946,276
-38,126
| -4% | -$1.74M |
|
1094
National Fuel Gas
NFG
$7.65B
| $40.4M | 0.01% |
772,585
-86,661
| -10% | -$4.49M |
|
1095
Twist Bioscience
TWST
$7.25B
| $40.4M | 0.01% |
302,914
-100,414
| -25% | -$11.7M |
|
1096
Avis
CAR
$5.02B
| $40.3M | 0.01% |
516,972
-6,952
| -1% | -$576K |
|
|
BHVN
1097
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $40.2M | 0.01% |
414,423
+16,484
| +4% | +$1.34M |
|
1098
Glaukos
GKOS
$10.6B
| $40M | 0.01% |
472,036
-53,436
| -10% | -$4.39M |
|
1099
Watts Water Technologies
WTS
$13.1B
| $40M | 0.01% |
274,222
-32,762
| -11% | -$4.33M |
|
1100
NiSource
NI
$20.4B
| $40M | 0.01% |
1,632,005
-1,745,221
| -52% | -$44.4M |
|
Similar funds
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.