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 | |
|---|---|---|---|---|---|---|
|
NVRO
1651
DELISTED
NEVRO CORP.
NVRO
| $15M | ﹤0.01% |
90,585
-182,615
| -67% | -$28.5M |
|
1652
The Greenbrier Companies
GBX
$1.46B
| $15M | ﹤0.01% |
343,339
-24,073
| -7% | -$1.11M |
|
1653
Myriad Genetics
MYGN
$312M
| $14.9M | ﹤0.01% |
485,986
-64,207
| -12% | -$1.86M |
|
1654
Dine Brands
DIN
$452M
| $14.8M | ﹤0.01% |
166,323
+3,821
| +2% | +$354K |
|
1655
Griffon
GFF
$4.86B
| $14.8M | ﹤0.01% |
577,937
-96,162
| -14% | -$2.57M |
|
1656
Sphere Entertainment
SPHR
$5.73B
| $14.8M | ﹤0.01% |
176,388
-46,445
| -21% | -$4.11M |
|
1657
Sinclair Inc
SBGI
$1.03B
| $14.8M | ﹤0.01% |
445,700
-76,530
| -15% | -$2.48M |
|
|
EDR
1658
DELISTED
Endeavor Group Holdings, Inc.
EDR
| $14.8M | ﹤0.01% |
+534,226
| New | +$15.4M |
|
1659
Parsons
PSN
$5.08B
| $14.8M | ﹤0.01% |
375,645
+192,902
| +106% | +$7.93M |
|
|
LMNX
1660
DELISTED
Luminex Corp
LMNX
| $14.7M | ﹤0.01% |
400,374
| – | – |
|
1661
Employers Holdings
EIG
$889M
| $14.6M | ﹤0.01% |
342,101
+41,892
| +14% | +$1.74M |
|
|
AMWD
1662
DELISTED
American Woodmark
AMWD
| $14.6M | ﹤0.01% |
178,896
-19,633
| -10% | -$1.84M |
|
1663
First Commonwealth Financial
FCF
$2.17B
| $14.6M | ﹤0.01% |
1,038,419
-68,077
| -6% | -$1M |
|
1664
Laureate Education
LAUR
$5.28B
| $14.4M | ﹤0.01% |
995,614
-233,782
| -19% | -$3.3M |
|
1665
IAMGOLD
IAG
$10.6B
| $14.4M | ﹤0.01% |
4,881,363
| – | – |
|
1666
Amkor Technology
AMKR
$13.7B
| $14.3M | ﹤0.01% |
605,936
-431,297
| -42% | -$9.6M |
|
1667
Oxford Industries
OXM
$552M
| $14.3M | ﹤0.01% |
144,711
-26,630
| -16% | -$2.5M |
|
|
HOLI
1668
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
| $14.3M | ﹤0.01% |
956,787
| – | – |
|
|
DADA
1669
DELISTED
Dada Nexus
DADA
| $14.2M | ﹤0.01% |
+491,076
| New | +$12.8M |
|
1670
Inogen
INGN
$164M
| $14.2M | ﹤0.01% |
218,574
-91,832
| -30% | -$5.81M |
|
|
CWEN.A
1671
DELISTED
Clearway Energy Class A
CWEN.A
| $14.2M | ﹤0.01% |
561,821
+85,873
| +18% | +$2.2M |
|
1672
Ormat Technologies
ORA
$6.64B
| $14.1M | ﹤0.01% |
202,795
-169,877
| -46% | -$12.1M |
|
|
SAFE
1673
Safehold
SAFE
$1.15B
| $14.1M | ﹤0.01% |
139,666
-19,094
| -12% | -$1.69M |
|
1674
Encore Capital Group
ECPG
$2.13B
| $14.1M | ﹤0.01% |
296,592
-51,393
| -15% | -$2.23M |
|
|
LX
1675
LexinFintech Holdings
LX
$241M
| $14M | ﹤0.01% |
1,144,149
| – | – |
|
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.