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 |
Deutsche Bank
DB
|
+$567M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$494M |
| 3 |
Equinix
EQIX
|
+$336M |
| 4 |
Charter Communications
CHTR
|
+$297M |
| 5 |
Apple
AAPL
|
+$227M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$559M |
| 2 |
Aflac
AFL
|
+$475M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$333M |
| 4 |
Aon
AON
|
+$261M |
| 5 |
Verizon
VZ
|
+$247M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.53% |
| 2 | Healthcare | 14.51% |
| 3 | Technology | 13.82% |
| 4 | Consumer Discretionary | 9.56% |
| 5 | Communication Services | 9.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FFG
1551
DELISTED
FBL Financial Group
FFG
| $11.2M | 0.01% |
184,196
+3,364
| +2% | +$203K |
|
|
FARO
1552
DELISTED
Faro Technologies
FARO
| $11.2M | 0.01% |
330,203
+54,053
| +20% | +$1.79M |
|
|
CXRX
1553
DELISTED
Concordia International Corp. Common Stock
CXRX
| $11.2M | 0.01% |
521,043
+149,042
| +40% | +$3.93M |
|
|
EVER
1554
DELISTED
Everbank Financial Corp
EVER
| $11.1M | 0.01% |
747,694
+30,681
| +4% | +$456K |
|
|
MINI
1555
DELISTED
Mobile Mini Inc
MINI
| $11.1M | 0.01% |
320,624
| – | – |
|
|
SONC
1556
DELISTED
Sonic Corp
SONC
| $11.1M | 0.01% |
408,800
+156,246
| +62% | +$4.99M |
|
1557
Nexstar Media Group
NXST
$5.12B
| $11M | 0.01% |
232,045
| – | – |
|
1558
Granite Construction
GVA
$5.17B
| $11M | 0.01% |
242,132
+60,000
| +33% | +$2.65M |
|
|
DWRE
1559
DELISTED
DEMANDWARE INC COM STK (DE)
DWRE
| $11M | 0.01% |
146,971
| – | – |
|
1560
Viavi Solutions
VIAV
$8.48B
| $11M | 0.01% |
1,658,865
+207,118
| +14% | +$1.38M |
|
|
TYPE
1561
DELISTED
Monotype Imaging Holdings Inc.
TYPE
| $11M | 0.01% |
446,243
+230,893
| +107% | +$5.37M |
|
|
TSG
1562
DELISTED
The Stars Group Inc.
TSG
| $11M | 0.01% |
719,232
-49,800
| -6% | -$686K |
|
1563
Artisan Partners
APAM
$2.6B
| $10.9M | 0.01% |
395,359
+119,964
| +44% | +$3.78M |
|
|
RSTI
1564
DELISTED
Rofin-Sinar Technologies Inc
RSTI
| $10.9M | 0.01% |
341,236
| – | – |
|
|
KNGT
1565
DELISTED
KNIGHT TRANSPORTATION INC
KNGT
| $10.9M | 0.01% |
408,781
+97,794
| +31% | +$2.6M |
|
1566
TETRA Technologies
TTI
$937M
| $10.9M | 0.01% |
1,703,399
+1,123,927
| +194% | +$6.93M |
|
|
RWT
1567
Redwood Trust
RWT
$497M
| $10.8M | 0.01% |
784,933
+45,700
| +6% | +$614K |
|
1568
Penumbra
PEN
$12.6B
| $10.8M | 0.01% |
182,141
+91,359
| +101% | +$4.92M |
|
1569
Archrock
AROC
$5.49B
| $10.8M | 0.01% |
1,143,408
+512,114
| +81% | +$4.04M |
|
1570
Community Bank
CBU
$3.3B
| $10.8M | 0.01% |
262,124
+400
| +0.2% | +$15.9K |
|
1571
Forward Air
FWRD
$519M
| $10.7M | 0.01% |
240,343
-62,295
| -21% | -$2.81M |
|
1572
Theravance Biopharma
TBPH
$884M
| $10.7M | 0.01% |
470,606
+128,087
| +37% | +$2.77M |
|
|
AVTA
1573
DELISTED
Avantax, Inc. Common Stock
AVTA
| $10.7M | 0.01% |
1,029,875
| – | – |
|
1574
DigitalBridge
DBRG
$2.98B
| $10.7M | 0.01% |
261,194
-167,000
| -39% | -$7.95M |
|
|
ALX
1575
Alexander's
ALX
$1.25B
| $10.7M | 0.01% |
26,056
+4,377
| +20% | +$1.65M |
|
Similar funds
Norges Bank's Q2 2016 Portfolio in Review
As of Q2 2016, Norges Bank held 2,246 positions worth $210B, up 3.5% from $203B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Norges Bank's Q2 2016 filing shows 58 new, 1,025 increased, 662 reduced and 72 closed positions. Its largest new stake was Deutsche Bank: 37,741,953 shares worth $461M. The largest sale was TIME WARNER CABLE INC NEW COM STK, an estimated $559M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 18% a quarter earlier, followed by Healthcare and Technology.
- Norges Bank's largest Q2 2016 buy was Deutsche Bank: 37,741,953 shares worth $461M.
- Norges Bank added most to Alphabet (Google) Class A in Q2 2016, an estimated $494M increase.
- Norges Bank's biggest Q2 2016 reduction was Aflac, cutting an estimated $475M.
- Norges Bank fully exited TIME WARNER CABLE INC NEW COM STK in Q2 2016, selling an estimated $559M.
- Norges Bank's ten largest holdings make up 14% of its $210B portfolio in Q2 2016.
- Norges Bank opened 58 new positions and closed 72 in Q2 2016.
- Norges Bank's portfolio value rose 3.5% quarter-over-quarter to $210B.
Based on Norges Bank's 13F filing for Q2 2016, filed 12 Aug 2016.