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 | 18.83% |
| 2 | Technology | 13.05% |
| 3 | Healthcare | 11% |
| 4 | Energy | 9.99% |
| 5 | Industrials | 9.86% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Teva Pharmaceuticals
TEVA
$40B
| $328M | 0.2% |
+8,372,291
| New | +$326M |
|
102
Meta Platforms (Facebook)
META
$1.49T
| $320M | 0.2% |
+12,852,023
| New | +$329M |
|
103
Booking.com
BKNG
$154B
| $314M | 0.2% |
+9,491,900
| New | +$290M |
|
|
AGU
104
DELISTED
Agrium
AGU
| $308M | 0.19% |
+3,559,395
| New | +$325M |
|
105
Baxter International
BAX
$12.8B
| $308M | 0.19% |
+8,173,641
| New | +$313M |
|
106
Kimberly-Clark
KMB
$37.5B
| $307M | 0.19% |
+3,300,335
| New | +$318M |
|
107
Prologis
PLD
$134B
| $304M | 0.19% |
+8,047,575
| New | +$327M |
|
108
Phillips 66
PSX
$83.7B
| $299M | 0.19% |
+5,073,875
| New | +$319M |
|
109
Emerson Electric
EMR
$82.6B
| $296M | 0.18% |
+5,428,203
| New | +$305M |
|
110
Dominion Energy
D
$62.2B
| $292M | 0.18% |
+5,143,190
| New | +$301M |
|
111
Regions Financial
RF
$26.6B
| $286M | 0.18% |
+29,996,079
| New | +$261M |
|
112
CSX Corp
CSX
$94B
| $283M | 0.18% |
+36,632,832
| New | +$300M |
|
113
Nike
NKE
$63.3B
| $282M | 0.18% |
+8,854,864
| New | +$275M |
|
114
MetLife
MET
$62.8B
| $281M | 0.17% |
+6,899,193
| New | +$254M |
|
115
Canadian National Railway
CNI
$78.2B
| $281M | 0.17% |
+5,790,892
| New | +$286M |
|
116
General Motors
GM
$82B
| $275M | 0.17% |
+8,256,852
| New | +$262M |
|
117
APA Corp
APA
$12.8B
| $273M | 0.17% |
+3,255,226
| New | +$259M |
|
118
Canadian Natural Resources
CNQ
$95.9B
| $273M | 0.17% |
+20,045,419
| New | +$287M |
|
119
Omnicom Group
OMC
$23.8B
| $268M | 0.17% |
+4,267,976
| New | +$262M |
|
120
Texas Instruments
TXN
$247B
| $267M | 0.17% |
+7,650,844
| New | +$273M |
|
121
Automatic Data Processing
ADP
$111B
| $265M | 0.16% |
+4,387,903
| New | +$262M |
|
|
KRFT
122
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $265M | 0.16% |
+4,735,130
| New | +$254M |
|
123
Liberty Global Class A
LBTYA
$3.55B
| $264M | 0.16% |
+8,652,919
| New | +$264M |
|
124
Federal Realty Investment Trust
FRT
$10.9B
| $261M | 0.16% |
+2,519,059
| New | +$278M |
|
|
PCP
125
DELISTED
PRECISION CASTPARTS CORP
PCP
| $260M | 0.16% |
+1,152,414
| New | +$234M |
|
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.