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 |
Wells Fargo
WFC
|
+$290M |
| 2 |
Kilroy Realty
KRC
|
+$273M |
| 3 |
AT&T
T
|
+$271M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$173M |
| 5 |
Ameriprise Financial
AMP
|
+$163M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
UBS Group
UBS
|
+$2.55B |
| 2 |
Medtronic
MDT
|
+$888M |
| 3 |
AGN
Allergan plc
AGN
|
+$875M |
| 4 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$360M |
| 5 |
Stellantis
STLA
|
+$320M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.27% |
| 2 | Technology | 14.38% |
| 3 | Healthcare | 13.93% |
| 4 | Consumer Discretionary | 9.67% |
| 5 | Industrials | 9.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PRA
1126
DELISTED
ProAssurance
PRA
| $22.8M | 0.01% |
493,997
| – | – |
|
|
ANAT
1127
DELISTED
American National Group, Inc. Common Stock
ANAT
| $22.8M | 0.01% |
222,743
+32,486
| +17% | +$3.28M |
|
|
MPT
1128
Medical Properties Trust
MPT
$2.02B
| $22.8M | 0.01% |
1,735,809
-228,252
| -12% | -$3.18M |
|
1129
Upbound Group
UPBD
$1.04B
| $22.8M | 0.01% |
802,670
| – | – |
|
|
EXAS
1130
DELISTED
Exact Sciences
EXAS
| $22.7M | 0.01% |
764,820
| – | – |
|
|
CLNY
1131
DELISTED
Colony Capital, Inc.
CLNY
| $22.7M | 0.01% |
1,001,603
| – | – |
|
|
VSTO
1132
DELISTED
Vista Outdoor Inc.
VSTO
| $22.7M | 0.01% |
+504,970
| New | +$22.8M |
|
|
LTRPA
1133
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $22.6M | 0.01% |
702,419
-527,434
| -43% | -$16M |
|
1134
FNB Corp
FNB
$6.37B
| $22.6M | 0.01% |
1,580,146
-100,000
| -6% | -$1.36M |
|
|
AXE
1135
DELISTED
Anixter International Inc
AXE
| $22.5M | 0.01% |
345,981
-124,863
| -27% | -$8.84M |
|
|
CAB
1136
DELISTED
Cabela's Inc
CAB
| $22.5M | 0.01% |
450,011
+19,654
| +5% | +$1.04M |
|
1137
Agios Pharmaceuticals
AGIO
$1.97B
| $22.5M | 0.01% |
202,293
+72,299
| +56% | +$7.79M |
|
1138
Cousins Properties
CUZ
$4.65B
| $22.4M | 0.01% |
765,209
+43,392
| +6% | +$1.25M |
|
1139
ServiceNow
NOW
$145B
| $22.4M | 0.01% |
1,507,205
| – | – |
|
1140
Hawaiian Electric Industries
HE
$1.77B
| $22.4M | 0.01% |
752,077
+113,032
| +18% | +$3.51M |
|
1141
TransAlta
TAC
$3.78B
| $22.4M | 0.01% |
2,883,335
-115,534
| -4% | -$1.04M |
|
1142
Neurocrine Biosciences
NBIX
$15.2B
| $22.4M | 0.01% |
467,986
+296,151
| +172% | +$12.6M |
|
1143
Olin
OLN
$1.94B
| $22.3M | 0.01% |
827,453
-83,977
| -9% | -$2.49M |
|
1144
Valley National Bancorp
VLY
$7.48B
| $22.2M | 0.01% |
2,155,777
+84,988
| +4% | +$828K |
|
|
KS
1145
DELISTED
KapStone Paper and Pack Corp.
KS
| $22.1M | 0.01% |
956,950
| – | – |
|
1146
Boston Beer
SAM
$1.75B
| $22.1M | 0.01% |
95,351
+18,341
| +24% | +$4.72M |
|
1147
Coty
COTY
$2.32B
| $22.1M | 0.01% |
690,889
-41,034
| -6% | -$1.06M |
|
1148
Diamondrock Hospitality Co
DRH
$2.51B
| $22.1M | 0.01% |
1,723,475
| – | – |
|
1149
Spire
SR
$4.72B
| $22M | 0.01% |
422,220
+149,758
| +55% | +$7.82M |
|
|
ERF
1150
DELISTED
Enerplus Corporation
ERF
| $22M | 0.01% |
2,501,508
+315,366
| +14% | +$3.36M |
|
Similar funds
Norges Bank's Q2 2015 Portfolio in Review
As of Q2 2015, Norges Bank held 2,373 positions worth $200B, down 2% from $204B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Norges Bank's Q2 2015 filing shows 88 new, 744 increased, 614 reduced and 99 closed positions. Its largest new stake was Uniti Group: 1,466,581 shares worth $36.3M. The largest sale was UBS Group, an estimated $2.55B.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 18% a quarter earlier, followed by Technology and Healthcare.
- Norges Bank's largest Q2 2015 buy was Uniti Group: 1,466,581 shares worth $36.3M.
- Norges Bank added most to Wells Fargo in Q2 2015, an estimated $290M increase.
- Norges Bank's biggest Q2 2015 reduction was UBS Group, cutting an estimated $2.55B.
- Norges Bank fully exited Medtronic in Q2 2015, selling an estimated $888M.
- Norges Bank's ten largest holdings make up 14% of its $200B portfolio in Q2 2015.
- Norges Bank opened 88 new positions and closed 99 in Q2 2015.
- Norges Bank's portfolio value fell 2% quarter-over-quarter to $200B.
Based on Norges Bank's 13F filing for Q2 2015, filed 10 Aug 2015.