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 | 18.94% |
| 2 | Technology | 13.3% |
| 3 | Healthcare | 11.25% |
| 4 | Energy | 10.57% |
| 5 | Industrials | 9.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1301
Take-Two Interactive
TTWO
$39.6B
| $13.1M | 0.01% |
+876,808
| New | +$13.7M |
|
1302
AMC Global Media
AMCX
$501M
| $13.1M | 0.01% |
+200,379
| New | +$12.9M |
|
|
WBMD
1303
DELISTED
WebMD Health Corp.
WBMD
| $13.1M | 0.01% |
+445,199
| New | +$11.9M |
|
1304
FirstCash
FCFS
$9.53B
| $13.1M | 0.01% |
+265,624
| New | +$14.4M |
|
1305
Penske Automotive Group
PAG
$14.1B
| $13M | 0.01% |
+426,914
| New | +$13.3M |
|
1306
RPC Inc
RES
$1.33B
| $13M | 0.01% |
+944,099
| New | +$12.9M |
|
1307
Armstrong World Industries
AWI
$6.67B
| $13M | 0.01% |
+272,682
| New | +$14M |
|
1308
Unifirst Corp
UNF
$4.81B
| $13M | 0.01% |
+142,625
| New | +$13.3M |
|
|
BWLD
1309
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $13M | 0.01% |
+132,527
| New | +$12.4M |
|
1310
Ionis Pharmaceuticals
IONS
$7.45B
| $13M | 0.01% |
+483,296
| New | +$10.3M |
|
|
LTC
1311
LTC Properties
LTC
$2.32B
| $13M | 0.01% |
+332,231
| New | +$14.4M |
|
1312
Cogent Communications
CCOI
$444M
| $12.9M | 0.01% |
+458,618
| New | +$12.8M |
|
|
ESGR
1313
DELISTED
Enstar Group
ESGR
| $12.9M | 0.01% |
+96,864
| New | +$12.5M |
|
|
RDEN
1314
DELISTED
ELIZABETH ARDEN INC
RDEN
| $12.9M | 0.01% |
+285,389
| New | +$12.7M |
|
1315
Wintrust Financial
WTFC
$10B
| $12.8M | 0.01% |
+335,536
| New | +$12.3M |
|
1316
Brady Corp
BRC
$3.97B
| $12.8M | 0.01% |
+417,521
| New | +$13.6M |
|
1317
FTI Consulting
FCN
$4.01B
| $12.8M | 0.01% |
+388,756
| New | +$13.6M |
|
1318
Chemed
CHE
$6.66B
| $12.7M | 0.01% |
+176,006
| New | +$12.9M |
|
1319
Northwest Bancshares
NWBI
$2.26B
| $12.7M | 0.01% |
+941,875
| New | +$11.8M |
|
|
EFII
1320
DELISTED
Electronics for Imaging
EFII
| $12.7M | 0.01% |
+449,629
| New | +$12M |
|
|
IRF
1321
DELISTED
INTL RECTIFIER CORP
IRF
| $12.7M | 0.01% |
+607,063
| New | +$12.6M |
|
1322
TFS Financial
TFSL
$4.71B
| $12.7M | 0.01% |
+1,134,853
| New | +$12.3M |
|
|
ET
1323
DELISTED
EXACTTARGET INC COM STK (DE)
ET
| $12.7M | 0.01% |
+376,738
| New | +$9.43M |
|
|
VSI
1324
DELISTED
Vitamin Shoppe Inc.
VSI
| $12.7M | 0.01% |
+282,807
| New | +$13.3M |
|
|
ESND
1325
DELISTED
Essendant Inc.
ESND
| $12.7M | 0.01% |
+377,535
| New | +$13M |
|
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.