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 |
Microsoft
MSFT
|
+$1.63B |
| 2 |
Apple
AAPL
|
+$1.62B |
| 3 |
Meta Platforms (Facebook)
META
|
+$1.18B |
| 4 |
Amazon
AMZN
|
+$978M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$769M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AT&T
T
|
+$509M |
| 2 |
Chevron
CVX
|
+$405M |
| 3 |
T-Mobile US
TMUS
|
+$339M |
| 4 |
lululemon athletica
LULU
|
+$302M |
| 5 |
ACC
American Campus Communities, Inc.
ACC
|
+$301M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.69% |
| 2 | Financials | 14.38% |
| 3 | Healthcare | 14.2% |
| 4 | Consumer Discretionary | 10.56% |
| 5 | Communication Services | 8.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1276
BOK Financial
BOKF
$8.58B
| $18.7M | ﹤0.01% |
247,360
-27,043
| -10% | -$2.28M |
|
1277
Glaukos
GKOS
$9.83B
| $18.6M | ﹤0.01% |
410,255
-31,965
| -7% | -$1.52M |
|
1278
Tronox
TROX
$932M
| $18.6M | ﹤0.01% |
1,106,844
-54,368
| -5% | -$985K |
|
1279
Vistra
VST
$50B
| $18.6M | ﹤0.01% |
812,442
-273,703
| -25% | -$6.76M |
|
1280
United Parks & Resorts
PRKS
$2.1B
| $18.5M | ﹤0.01% |
419,167
-7,513
| -2% | -$437K |
|
1281
Quaker Houghton
KWR
$2.79B
| $18.4M | ﹤0.01% |
123,352
+25,251
| +26% | +$3.91M |
|
1282
NOV
NOV
$6.93B
| $18.4M | ﹤0.01% |
1,089,665
-286,659
| -21% | -$5.4M |
|
1283
SiriusXM
SIRI
$9.97B
| $18.4M | ﹤0.01% |
300,315
-537,992
| -64% | -$33.4M |
|
|
DOOR
1284
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $18.4M | ﹤0.01% |
239,575
-28,616
| -11% | -$2.35M |
|
|
NTUS
1285
DELISTED
Natus Medical Inc
NTUS
| $18.4M | ﹤0.01% |
561,014
+283,617
| +102% | +$8.96M |
|
1286
Pegasystems
PEGA
$5.02B
| $18.4M | ﹤0.01% |
767,544
+1,210
| +0.2% | +$36.2K |
|
|
GBT
1287
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $18.3M | ﹤0.01% |
572,795
+43,205
| +8% | +$1.26M |
|
|
CTXS
1288
DELISTED
Citrix Systems Inc
CTXS
| $18.3M | ﹤0.01% |
187,956
-142,213
| -43% | -$14.2M |
|
|
BLDP
1289
Ballard Power Systems
BLDP
$805M
| $18.2M | ﹤0.01% |
2,891,289
+139,206
| +5% | +$1.11M |
|
|
JHG
1290
DELISTED
Janus Henderson
JHG
| $18.1M | ﹤0.01% |
771,057
-355,217
| -32% | -$10.2M |
|
1291
Wingstop
WING
$3.53B
| $18.1M | ﹤0.01% |
242,371
+11,252
| +5% | +$980K |
|
|
KW
1292
DELISTED
Kennedy-Wilson Holdings
KW
| $18M | ﹤0.01% |
949,146
-190,940
| -17% | -$4.1M |
|
1293
WesBanco
WSBC
$3.97B
| $17.8M | ﹤0.01% |
562,115
-59,639
| -10% | -$1.96M |
|
1294
CNO Financial Group
CNO
$5.14B
| $17.8M | ﹤0.01% |
984,551
-98,592
| -9% | -$2.11M |
|
1295
Academy Sports + Outdoors
ASO
$2.94B
| $17.7M | ﹤0.01% |
499,273
+190,051
| +61% | +$6.96M |
|
|
SASR
1296
DELISTED
Sandy Spring Bancorp Inc
SASR
| $17.7M | ﹤0.01% |
454,142
-42,003
| -8% | -$1.72M |
|
1297
InterDigital
IDCC
$7.88B
| $17.7M | ﹤0.01% |
291,811
-7,080
| -2% | -$434K |
|
1298
CareTrust REIT
CTRE
$9.91B
| $17.7M | ﹤0.01% |
960,922
+1,483
| +0.2% | +$26.3K |
|
|
CIM
1299
Chimera Investment
CIM
$1.04B
| $17.7M | ﹤0.01% |
669,387
-91,168
| -12% | -$2.7M |
|
1300
Genworth Financial
GNW
$3.76B
| $17.5M | ﹤0.01% |
4,961,667
-369,125
| -7% | -$1.41M |
|
Similar funds
Norges Bank's Q2 2022 Portfolio in Review
As of Q2 2022, Norges Bank held 2,232 positions worth $387B, down 16% from $459B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Norges Bank's Q2 2022 filing shows 70 new, 787 increased, 1,058 reduced and 180 closed positions. Its largest new stake was Bausch + Lomb: 3,234,219 shares worth $49.3M. The largest sale was AT&T, an estimated $509M.
By sector, the portfolio is most concentrated in Technology at 24% of assets, down from 24% a quarter earlier, followed by Financials and Healthcare.
- Norges Bank's largest Q2 2022 buy was Bausch + Lomb: 3,234,219 shares worth $49.3M.
- Norges Bank added most to Microsoft in Q2 2022, an estimated $1.63B increase.
- Norges Bank's biggest Q2 2022 reduction was AT&T, cutting an estimated $509M.
- Norges Bank fully exited Cerner Corp in Q2 2022, selling an estimated $279M.
- Norges Bank's ten largest holdings make up 23% of its $387B portfolio in Q2 2022.
- Norges Bank opened 70 new positions and closed 180 in Q2 2022.
- Norges Bank's portfolio value fell 16% quarter-over-quarter to $387B.
Based on Norges Bank's 13F filing for Q2 2022, filed 11 Aug 2022.