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 |
Apple
AAPL
|
+$376M |
| 2 |
Meta Platforms (Facebook)
META
|
+$341M |
| 3 |
TechnipFMC
FTI
|
+$267M |
| 4 |
Enbridge
ENB
|
+$226M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$200M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Aflac
AFL
|
+$533M |
| 2 |
Prudential Financial
PRU
|
+$330M |
| 3 |
SE
Spectra Energy Corp Wi
SE
|
+$224M |
| 4 |
Deutsche Bank
DB
|
+$175M |
| 5 |
Blackrock
BLK
|
+$168M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.68% |
| 2 | Technology | 15.63% |
| 3 | Healthcare | 13.78% |
| 4 | Consumer Discretionary | 9.51% |
| 5 | Industrials | 9.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1776
AngioDynamics
ANGO
$648M
| $8.76M | ﹤0.01% |
505,096
+345,096
| +216% | +$5.77M |
|
1777
Cleveland-Cliffs
CLF
$6.73B
| $8.76M | ﹤0.01% |
+1,066,618
| New | +$10.1M |
|
1778
AMERISAFE
AMSF
$460M
| $8.75M | ﹤0.01% |
134,822
-30,789
| -19% | -$1.98M |
|
|
GTY
1779
Getty Realty Corp
GTY
$1.95B
| $8.73M | ﹤0.01% |
345,662
+82,558
| +31% | +$2.12M |
|
1780
American States Water
AWR
$3.43B
| $8.68M | ﹤0.01% |
195,831
+5,513
| +3% | +$241K |
|
1781
Columbia Sportswear
COLM
$2.89B
| $8.65M | ﹤0.01% |
147,284
-60,525
| -29% | -$3.4M |
|
1782
Advanced Drainage Systems
WMS
$9.59B
| $8.61M | ﹤0.01% |
393,093
-167,991
| -30% | -$3.81M |
|
1783
CTS Corp
CTS
$1.62B
| $8.6M | ﹤0.01% |
403,599
| – | – |
|
|
XLRN
1784
DELISTED
Acceleron Pharma
XLRN
| $8.54M | ﹤0.01% |
322,652
| – | – |
|
1785
G-III Apparel Group
GIII
$1.19B
| $8.52M | ﹤0.01% |
389,042
+83,555
| +27% | +$2.13M |
|
1786
Vale
VALE
$61.6B
| $8.48M | ﹤0.01% |
892,857
| – | – |
|
1787
Scorpio Tankers
STNG
$4.29B
| $8.43M | ﹤0.01% |
189,911
+126,306
| +199% | +$5.26M |
|
1788
Hyster-Yale Materials Handling
HY
$599M
| $8.43M | ﹤0.01% |
149,408
+6,690
| +5% | +$406K |
|
1789
Abercrombie & Fitch
ANF
$5.74B
| $8.42M | ﹤0.01% |
705,551
-313,348
| -31% | -$3.73M |
|
1790
Interactive Brokers
IBKR
$40.2B
| $8.41M | ﹤0.01% |
969,024
-1,197,176
| -55% | -$11.1M |
|
|
HOLI
1791
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
| $8.38M | ﹤0.01% |
494,840
-104,388
| -17% | -$1.83M |
|
1792
Community Trust Bancorp
CTBI
$1.41B
| $8.33M | ﹤0.01% |
182,165
+24,986
| +16% | +$1.16M |
|
|
NSM
1793
DELISTED
Nationstar Mortgage Holdings
NSM
| $8.33M | ﹤0.01% |
528,461
+81,008
| +18% | +$1.43M |
|
1794
Griffon
GFF
$4.2B
| $8.32M | ﹤0.01% |
337,673
-91,264
| -21% | -$2.28M |
|
|
WBMD
1795
DELISTED
WebMD Health Corp.
WBMD
| $8.24M | ﹤0.01% |
156,503
-111,482
| -42% | -$5.69M |
|
1796
Inogen
INGN
$138M
| $8.18M | ﹤0.01% |
105,433
-174,646
| -62% | -$12.1M |
|
|
HEES
1797
DELISTED
H&E Equipment Services
HEES
| $8.16M | ﹤0.01% |
332,927
-37,038
| -10% | -$907K |
|
|
HAYN
1798
DELISTED
Haynes International, Inc.
HAYN
| $8.16M | ﹤0.01% |
213,993
-123,272
| -37% | -$4.94M |
|
|
ICPT
1799
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $8.13M | ﹤0.01% |
71,881
-90,584
| -56% | -$10.6M |
|
1800
Allegiant Air
ALGT
$2.14B
| $8.11M | ﹤0.01% |
50,590
-19,757
| -28% | -$3.33M |
|
Similar funds
Norges Bank's Q1 2017 Portfolio in Review
As of Q1 2017, Norges Bank held 2,251 positions worth $244B, up 6.5% from $229B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Norges Bank's Q1 2017 filing shows 100 new, 1,048 increased, 797 reduced and 111 closed positions. Its largest new stake was Park Hotels & Resorts: 6,552,098 shares worth $168M. The largest sale was Aflac, an estimated $533M.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 20% a quarter earlier, followed by Technology and Healthcare.
- Norges Bank's largest Q1 2017 buy was Park Hotels & Resorts: 6,552,098 shares worth $168M.
- Norges Bank added most to Apple in Q1 2017, an estimated $376M increase.
- Norges Bank's biggest Q1 2017 reduction was Aflac, cutting an estimated $533M.
- Norges Bank fully exited Spectra Energy Corp Wi in Q1 2017, selling an estimated $224M.
- Norges Bank's ten largest holdings make up 15% of its $244B portfolio in Q1 2017.
- Norges Bank opened 100 new positions and closed 111 in Q1 2017.
- Norges Bank's portfolio value rose 6.5% quarter-over-quarter to $244B.
Based on Norges Bank's 13F filing for Q1 2017, filed 10 May 2017.