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 |
UDR
UDR
|
+$330M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$329M |
| 3 |
Alexandria Real Estate Equities
ARE
|
+$327M |
| 4 |
Invitation Homes
INVH
|
+$309M |
| 5 |
Tesla
TSLA
|
+$260M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$970M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$928M |
| 3 |
Citigroup
C
|
+$368M |
| 4 |
Linde
LIN
|
+$354M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$320M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.3% |
| 2 | Financials | 14.41% |
| 3 | Healthcare | 12.63% |
| 4 | Consumer Discretionary | 12.55% |
| 5 | Communication Services | 10.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1326
Coty
COTY
$2.48B
| $27.9M | 0.01% |
2,987,443
-61,560
| -2% | -$559K |
|
1327
First Majestic Silver
AG
$9.07B
| $27.9M | 0.01% |
1,764,676
-44,389
| -2% | -$740K |
|
1328
Cinemark Holdings
CNK
$4.32B
| $27.9M | 0.01% |
1,269,590
-51,010
| -4% | -$1.13M |
|
|
JWN
1329
DELISTED
Nordstrom
JWN
| $27.8M | 0.01% |
759,173
-313,524
| -29% | -$11.4M |
|
1330
Tenable Holdings
TENB
$4.01B
| $27.7M | 0.01% |
669,839
+117,520
| +21% | +$4.77M |
|
|
B
1331
DELISTED
Barnes Group Inc.
B
| $27.7M | 0.01% |
539,737
-53,884
| -9% | -$2.79M |
|
|
BDN
1332
Brandywine Realty Trust
BDN
$554M
| $27.6M | 0.01% |
2,011,401
+5,581
| +0.3% | +$77K |
|
1333
First Bancorp
FBP
$4.38B
| $27.5M | 0.01% |
2,308,658
-177,871
| -7% | -$2.19M |
|
|
MOMO
1334
Hello Group
MOMO
$866M
| $27.5M | 0.01% |
1,796,515
| – | – |
|
1335
Cerence
CRNC
$413M
| $27.5M | 0.01% |
257,677
-113,865
| -31% | -$11.2M |
|
|
TSP
1336
DELISTED
TuSimple Holdings Inc. Class A Common Stock
TSP
| $27.4M | 0.01% |
+384,576
| New | +$16.5M |
|
1337
Sally Beauty Holdings
SBH
$1.58B
| $27.4M | 0.01% |
1,240,316
+206,174
| +20% | +$4.35M |
|
|
NSTG
1338
DELISTED
NanoString Technologies, Inc.
NSTG
| $27.4M | 0.01% |
422,365
+25,781
| +7% | +$1.64M |
|
1339
Hyatt Hotels
H
$16.7B
| $27.3M | 0.01% |
352,230
-62,315
| -15% | -$5.04M |
|
1340
Evertec
EVTC
$1.78B
| $27.3M | 0.01% |
626,244
-224,500
| -26% | -$9.48M |
|
1341
Energizer
ENR
$1.55B
| $27.3M | 0.01% |
635,185
-36,809
| -5% | -$1.72M |
|
1342
Coca-Cola Consolidated
COKE
$12.8B
| $27.2M | 0.01% |
676,860
+65,960
| +11% | +$2.33M |
|
|
CVET
1343
DELISTED
Covetrus, Inc. Common Stock
CVET
| $27.2M | 0.01% |
1,007,507
-132,889
| -12% | -$3.72M |
|
1344
Franklin Resources
BEN
$17.2B
| $27.2M | 0.01% |
850,092
-2,649
| -0.3% | -$85.8K |
|
|
DISH
1345
DELISTED
DISH Network Corp.
DISH
| $27.1M | 0.01% |
649,501
-109,925
| -14% | -$4.62M |
|
1346
Qualys
QLYS
$6.35B
| $27.1M | 0.01% |
269,134
+48,501
| +22% | +$4.94M |
|
1347
Papa John's
PZZA
$806M
| $27.1M | 0.01% |
259,238
-67,557
| -21% | -$6.55M |
|
1348
Old National Bancorp
ONB
$10.2B
| $27.1M | 0.01% |
1,537,345
-211,169
| -12% | -$4M |
|
|
LSXMA
1349
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $27M | 0.01% |
790,193
-163,935
| -17% | -$5.37M |
|
|
CORE
1350
DELISTED
Core Mark Holding Co., Inc.
CORE
| $26.9M | 0.01% |
598,232
+83,705
| +16% | +$3.68M |
|
Similar funds
Norges Bank's Q2 2021 Portfolio in Review
As of Q2 2021, Norges Bank held 2,310 positions worth $461B, up 5.6% from $437B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Norges Bank's Q2 2021 filing shows 183 new, 607 increased, 1,278 reduced and 104 closed positions. Its largest new stake was DoorDash: 1,116,782 shares worth $199M. The largest sale was Apple, an estimated $970M.
By sector, the portfolio is most concentrated in Technology at 23% of assets, up from 23% a quarter earlier, followed by Financials and Healthcare.
- Norges Bank's largest Q2 2021 buy was DoorDash: 1,116,782 shares worth $199M.
- Norges Bank added most to UDR in Q2 2021, an estimated $330M increase.
- Norges Bank's biggest Q2 2021 reduction was Apple, cutting an estimated $970M.
- Norges Bank fully exited INPHI CORPORATION in Q2 2021, selling an estimated $205M.
- Norges Bank's ten largest holdings make up 22% of its $461B portfolio in Q2 2021.
- Norges Bank opened 183 new positions and closed 104 in Q2 2021.
- Norges Bank's portfolio value rose 5.6% quarter-over-quarter to $461B.
Based on Norges Bank's 13F filing for Q2 2021, filed 10 Aug 2021.