We are live on ! Find out more
Norges Bank

Norges Bank Portfolio holdings

AUM $935B
 

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.

This Fund
S&P 500
This Quarter Est. Return
+7.03%
1 Year Est. Return
–
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$308B
AUM Growth
+$16.6B
Cap. Flow
+$44.1M
Cap. Flow %
0.01%
Top 10 Hldgs %
17.3%
Holding
2,209
New
74
Increased
715
Reduced
609
Closed
67

Top Buys

Rank Stock Value
1
META icon
Meta Platforms (Facebook)
META
+$203M
2
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$196M
3
T icon
AT&T
T
+$174M
4
NIO icon
NIO
NIO
+$163M
5
TMUS icon
T-Mobile US
TMUS
+$130M

Top Sells

Rank Stock Value
1
GGP
GGP Inc.
GGP
+$606M
2
WFC icon
Wells Fargo
WFC
+$206M
3
ORCL icon
Oracle
ORCL
+$200M
4
UBS icon
UBS Group
UBS
+$185M
5
BRK.A icon
Berkshire Hathaway Class A
BRK.A
+$154M

Sector Composition

Rank Sector Weight
1 Technology 17.96%
2 Financials 17.19%
3 Healthcare 13.99%
4 Consumer Discretionary 11.37%
5 Communication Services 9.4%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
AERI
1576
DELISTED
Aerie Pharmaceuticals
AERI
$18.4M 0.01%
299,593
– –
RRR icon
1577
Red Rock Resorts
RRR
$3.77B
$18.4M 0.01%
691,914
– –
GPI icon
1578
Group 1 Automotive
GPI
$3.42B
$18.4M 0.01%
283,650
+25,435
+10% +$1.84M
PCRX icon
1579
Pacira BioSciences
PCRX
$1.04B
$18.4M 0.01%
373,781
+132,593
+55% +$5.73M
CTWS
1580
DELISTED
Connecticut Water Service Inc
CTWS
$18.4M 0.01%
264,792
-87,939
-25% -$5.92M
TERP
1581
DELISTED
TerraForm Power, Inc
TERP
$18.3M 0.01%
1,581,714
-519,276
-25% -$5.76M
SASR
1582
DELISTED
Sandy Spring Bancorp Inc
SASR
$18.3M 0.01%
464,329
-57,034
-11% -$2.28M
MYE icon
1583
Myers Industries
MYE
$1.29B
$18.2M 0.01%
784,861
+89,889
+13% +$1.93M
VREX icon
1584
Varex Imaging
VREX
$472M
$18.2M 0.01%
635,221
+61,579
+11% +$2.03M
CSIQ icon
1585
Canadian Solar
CSIQ
$1.02B
$18.2M 0.01%
1,252,849
-100,709
-7% -$1.39M
GSK icon
1586
GSK
GSK
$104B
$18.2M 0.01%
361,677
+77,595
+27% +$3.94M
PDS
1587
Precision Drilling
PDS
$999M
$18.2M 0.01%
263,077
+28,976
+12% +$2.11M
MDC
1588
DELISTED
M.D.C. Holdings, Inc.
MDC
$18.1M 0.01%
714,671
-36,347
-5% -$974K
ENOV icon
1589
Enovis
ENOV
$1.68B
$18.1M 0.01%
291,728
– –
TRST
1590
Trustco Bank Corp NY
TRST
$970M
$18.1M 0.01%
425,461
– –
TG icon
1591
Tredegar Corp
TG
$265M
$18M 0.01%
831,216
+445,476
+115% +$10.2M
WAGE
1592
DELISTED
WageWorks, Inc.
WAGE
$17.9M 0.01%
419,864
– –
FOLD
1593
DELISTED
Amicus Therapeutics
FOLD
$17.9M 0.01%
1,476,707
– –
CNNE icon
1594
Cannae Holdings
CNNE
$639M
$17.7M 0.01%
842,953
-54,113
-6% -$1.06M
LTXB
1595
DELISTED
LegacyTexas Financial Group Inc
LTXB
$17.6M 0.01%
413,795
+65,994
+19% +$2.89M
PTEN icon
1596
Patterson-UTI
PTEN
$3.98B
$17.6M 0.01%
1,028,252
– –
CMP icon
1597
Compass Minerals
CMP
$1.23B
$17.6M 0.01%
261,316
+26,574
+11% +$1.73M
COLD icon
1598
Americold
COLD
$4.02B
$17.4M 0.01%
696,241
+255,386
+58% +$5.93M
EGBN icon
1599
Eagle Bancorp
EGBN
$846M
$17.4M 0.01%
343,953
– –
CATM
1600
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
$17.4M 0.01%
549,838
-172,688
-24% -$5.31M
62 63
64
65 66

Similar funds

CIBC Private Wealth Group
CIBC Private Wealth Group Atlanta, Georgia $59.2B AUM 20.62% 1-Year Est. Return
Two Sigma Advisers
Two Sigma Advisers New York $51.4B AUM 31.07% 1-Year Est. Return
Comerica Bank
Comerica Bank Dallas, Texas $25.1B AUM 24.68% 1-Year Est. Return
CWM
CIBC World Markets New York $20.8B AUM
VRS
Virginia Retirement Systems Richmond, Virginia $16.8B AUM 25.91% 1-Year Est. Return
FAF
Första AP-fonden Stockholm, Sweden $16.8B AUM 29.64% 1-Year Est. Return
BGIM
Brandywine Global Investment Management Philadelphia, Pennsylvania $14.9B AUM 20.41% 1-Year Est. Return
CIM
CCLA Investment Management London, United Kingdom $6.23B AUM 5.02% 1-Year Est. Return

Norges Bank's Q3 2018 Portfolio in Review

As of Q3 2018, Norges Bank held 2,209 positions worth $308B, up 5.7% from $291B the previous quarter. Its ten largest holdings account for 17% of the portfolio.

Norges Bank's Q3 2018 filing shows 74 new, 715 increased, 609 reduced and 67 closed positions. Its largest new stake was NIO: 19,750,000 shares worth $138M. The largest sale was GGP Inc., an estimated $606M.

By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Financials and Healthcare.

  • Norges Bank's largest Q3 2018 buy was NIO: 19,750,000 shares worth $138M.
  • Norges Bank added most to Meta Platforms (Facebook) in Q3 2018, an estimated $203M increase.
  • Norges Bank's biggest Q3 2018 reduction was Wells Fargo, cutting an estimated $206M.
  • Norges Bank fully exited GGP Inc. in Q3 2018, selling an estimated $606M.
  • Norges Bank's ten largest holdings make up 17% of its $308B portfolio in Q3 2018.
  • Norges Bank opened 74 new positions and closed 67 in Q3 2018.
  • Norges Bank's portfolio value rose 5.7% quarter-over-quarter to $308B.

Based on Norges Bank's 13F filing for Q3 2018, filed 9 Nov 2018.