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 | |
|---|---|---|---|---|---|---|
126
Thermo Fisher Scientific
TMO
$213B
| $259M | 0.16% |
+3,061,846
| New | +$255M |
|
127
LyondellBasell Industries
LYB
$19.7B
| $257M | 0.16% |
+3,877,054
| New | +$245M |
|
|
PX
128
DELISTED
Praxair Inc
PX
| $256M | 0.16% |
+2,225,547
| New | +$253M |
|
129
EOG Resources
EOG
$77.3B
| $256M | 0.16% |
+3,888,558
| New | +$249M |
|
130
General Mills
GIS
$20.5B
| $253M | 0.16% |
+5,210,565
| New | +$256M |
|
131
PNC Financial Services
PNC
$99.5B
| $252M | 0.16% |
+3,461,033
| New | +$240M |
|
132
Canadian Imperial Bank of Commerce
CM
$107B
| $252M | 0.16% |
+7,259,352
| New | +$272M |
|
133
TC Energy
TRP
$70.1B
| $251M | 0.16% |
+5,856,311
| New | +$276M |
|
134
Western Digital
WDC
$162B
| $251M | 0.16% |
+5,341,908
| New | +$234M |
|
135
FedEx
FDX
$73.2B
| $247M | 0.15% |
+2,506,681
| New | +$243M |
|
136
DuPont de Nemours
DD
$18.6B
| $246M | 0.15% |
+3,017,822
| New | +$254M |
|
|
COV
137
DELISTED
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
| $244M | 0.15% |
+4,375,648
| New | +$253M |
|
138
Equinix
EQIX
$99.7B
| $244M | 0.15% |
+1,318,575
| New | +$274M |
|
139
Yum! Brands
YUM
$42B
| $242M | 0.15% |
+4,861,509
| New | +$241M |
|
140
M&T Bank
MTB
$36.5B
| $242M | 0.15% |
+2,163,913
| New | +$223M |
|
|
YHOO
141
DELISTED
Yahoo Inc
YHOO
| $237M | 0.15% |
+9,454,680
| New | +$240M |
|
142
Pentair
PNR
$10.7B
| $234M | 0.15% |
+6,048,300
| New | +$226M |
|
143
Kinder Morgan
KMI
$70.9B
| $233M | 0.14% |
+6,113,401
| New | +$237M |
|
144
TJX Companies
TJX
$180B
| $233M | 0.14% |
+9,297,558
| New | +$229M |
|
145
Southern Company
SO
$109B
| $228M | 0.14% |
+5,163,241
| New | +$237M |
|
146
Macerich
MAC
$7.46B
| $225M | 0.14% |
+3,692,967
| New | +$243M |
|
|
DTV
147
DELISTED
DIRECTV COM STK (DE)
DTV
| $223M | 0.14% |
+3,617,776
| New | +$217M |
|
148
Macy's
M
$6.42B
| $221M | 0.14% |
+4,612,300
| New | +$214M |
|
149
McKesson
MCK
$105B
| $219M | 0.14% |
+1,911,202
| New | +$213M |
|
150
Illinois Tool Works
ITW
$83.8B
| $218M | 0.14% |
+3,147,258
| New | +$210M |
|
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.