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 |
UBS Group
UBS
|
+$1.96B |
| 2 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$358M |
| 3 |
Prudential Financial
PRU
|
+$303M |
| 4 |
Prologis
PLD
|
+$294M |
| 5 |
Hilton Worldwide
HLT
|
+$294M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Simon Property Group
SPG
|
+$186M |
| 2 |
Seagate
STX
|
+$122M |
| 3 |
Travelers Companies
TRV
|
+$113M |
| 4 |
GGP
GGP Inc.
GGP
|
+$110M |
| 5 |
Parker-Hannifin
PH
|
+$109M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.43% |
| 2 | Technology | 13.92% |
| 3 | Healthcare | 13.28% |
| 4 | Industrials | 9.68% |
| 5 | Consumer Discretionary | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
EVHC
1126
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $22.7M | 0.01% |
218,780
| – | – |
|
1127
3D Systems Corp
DDD
$456M
| $22.7M | 0.01% |
691,092
| – | – |
|
1128
SM Energy
SM
$7.63B
| $22.7M | 0.01% |
588,167
+19,399
| +3% | +$972K |
|
1129
Synaptics
SYNA
$4.17B
| $22.7M | 0.01% |
329,478
+14,639
| +5% | +$980K |
|
|
BDN
1130
Brandywine Realty Trust
BDN
$537M
| $22.7M | 0.01% |
1,418,776
+36,200
| +3% | +$550K |
|
1131
Cirrus Logic
CRUS
$6.41B
| $22.7M | 0.01% |
961,736
+186,205
| +24% | +$3.75M |
|
1132
LPL Financial
LPLA
$28.6B
| $22.7M | 0.01% |
508,612
-23,663
| -4% | -$1.02M |
|
1133
Rollins
ROL
$18.5B
| $22.6M | 0.01% |
2,309,016
+148,982
| +7% | +$1.39M |
|
|
ACH
1134
Accendra Health
ACH
$253M
| $22.5M | 0.01% |
642,215
-20,880
| -3% | -$703K |
|
1135
Helix Energy Solutions
HLX
$1.37B
| $22.5M | 0.01% |
1,038,473
+51,298
| +5% | +$1.22M |
|
1136
Euronet Worldwide
EEFT
$2.78B
| $22.5M | 0.01% |
409,153
+44,063
| +12% | +$2.35M |
|
|
BERY
1137
DELISTED
Berry Global Group, Inc.
BERY
| $22.4M | 0.01% |
772,467
+25,102
| +3% | +$629K |
|
1138
Liberty Broadband Class C
LBRDK
$4.85B
| $22.4M | 0.01% |
+449,088
| New | +$22.1M |
|
|
TRQ
1139
DELISTED
Turquoise Hill Resources Ltd
TRQ
| $22.2M | 0.01% |
717,817
-13,373
| -2% | -$437K |
|
1140
Genesco
GCO
$434M
| $22.2M | 0.01% |
290,125
+69,100
| +31% | +$5.25M |
|
1141
Steven Madden
SHOO
$3.51B
| $22.2M | 0.01% |
1,044,576
| – | – |
|
|
CB
1142
DELISTED
CHUBB CORPORATION
CB
| $22.2M | 0.01% |
214,165
+46,017
| +27% | +$4.58M |
|
|
SWFT
1143
DELISTED
Swift Transportation Company
SWFT
| $22.1M | 0.01% |
773,226
+82,030
| +12% | +$2.09M |
|
|
ANN
1144
DELISTED
ANN INC
ANN
| $22.1M | 0.01% |
604,918
+76,338
| +14% | +$2.87M |
|
|
QLIK
1145
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| $21.9M | 0.01% |
709,951
+69,182
| +11% | +$1.97M |
|
1146
Olin
OLN
$2.11B
| $21.8M | 0.01% |
959,560
+80,594
| +9% | +$1.96M |
|
1147
New Jersey Resources
NJR
$5.88B
| $21.8M | 0.01% |
713,584
-51,720
| -7% | -$1.47M |
|
|
CIR
1148
DELISTED
CIRCOR International, Inc
CIR
| $21.7M | 0.01% |
360,675
+124,258
| +53% | +$8.17M |
|
|
ANAT
1149
DELISTED
American National Group, Inc. Common Stock
ANAT
| $21.7M | 0.01% |
190,257
| – | – |
|
1150
Allison Transmission
ALSN
$9.63B
| $21.7M | 0.01% |
639,806
+133,210
| +26% | +$4.24M |
|
Similar funds
Norges Bank's Q4 2014 Portfolio in Review
As of Q4 2014, Norges Bank held 2,423 positions worth $197B, up 6.6% from $185B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Norges Bank's Q4 2014 filing shows 94 new, 966 increased, 483 reduced and 73 closed positions. Its largest new stake was UBS Group: 114,662,320 shares worth $1.97B. The largest sale was Simon Property Group, an estimated $186M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.
- Norges Bank's largest Q4 2014 buy was UBS Group: 114,662,320 shares worth $1.97B.
- Norges Bank added most to Twenty-First Century Fox, Inc. Class A in Q4 2014, an estimated $358M increase.
- Norges Bank's biggest Q4 2014 reduction was Simon Property Group, cutting an estimated $186M.
- Norges Bank fully exited TIM HORTONS INC COM, CANADA in Q4 2014, selling an estimated $93.9M.
- Norges Bank's ten largest holdings make up 14% of its $197B portfolio in Q4 2014.
- Norges Bank opened 94 new positions and closed 73 in Q4 2014.
- Norges Bank's portfolio value rose 6.6% quarter-over-quarter to $197B.
Based on Norges Bank's 13F filing for Q4 2014, filed 11 Feb 2015.