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 | |
|---|---|---|---|---|---|---|
|
CSR
1776
Centerspace
CSR
$949M
| $10.2M | ﹤0.01% |
129,703
-4,981
| -4% | -$359K |
|
1777
WisdomTree
WT
$3.26B
| $10.2M | ﹤0.01% |
1,645,336
+348,950
| +27% | +$2.3M |
|
1778
Southern Copper
SCCO
$166B
| $10.1M | ﹤0.01% |
170,005
-93
| -0.1% | -$6.04K |
|
|
GCP
1779
DELISTED
GCP Applied Technologies Inc.
GCP
| $10.1M | ﹤0.01% |
435,223
-12,840
| -3% | -$319K |
|
1780
IMAX
IMAX
$2.72B
| $10M | ﹤0.01% |
467,298
-80,022
| -15% | -$1.72M |
|
1781
Scholastic
SCHL
$783M
| $10M | ﹤0.01% |
264,777
-7,975
| -3% | -$269K |
|
1782
RingCentral
RNG
$5.33B
| $10M | ﹤0.01% |
34,408
-167,791
| -83% | -$47.9M |
|
1783
Purple Innovation
PRPL
$41.3M
| $9.94M | ﹤0.01% |
+15,056
| New | +$11.6M |
|
|
AIV
1784
Aimco
AIV
$384M
| $9.94M | ﹤0.01% |
1,480,704
+102,502
| +7% | +$705K |
|
1785
Scholar Rock
SRRK
$6.3B
| $9.86M | ﹤0.01% |
341,182
| – | – |
|
|
ANAT
1786
DELISTED
American National Group, Inc. Common Stock
ANAT
| $9.79M | ﹤0.01% |
65,900
-18,438
| -22% | -$2.47M |
|
|
NIU
1787
Niu Technologies
NIU
$198M
| $9.78M | ﹤0.01% |
299,540
| – | – |
|
|
DHC
1788
Diversified Healthcare Trust
DHC
$2.14B
| $9.78M | ﹤0.01% |
2,339,590
-124,470
| -5% | -$514K |
|
1789
S&T Bancorp
STBA
$1.8B
| $9.72M | ﹤0.01% |
310,645
-32,340
| -9% | -$1.07M |
|
|
GES
1790
DELISTED
Guess Inc
GES
| $9.7M | ﹤0.01% |
367,310
-122,001
| -25% | -$3.37M |
|
|
RPT
1791
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $9.69M | ﹤0.01% |
746,644
-158,887
| -18% | -$2.02M |
|
|
DMC
1792
Del Monte Corp
DMC
$1.44B
| $9.63M | ﹤0.01% |
292,792
+42,934
| +17% | +$1.38M |
|
|
RXDX
1793
DELISTED
Prometheus Biosciences, Inc. Common Stock
RXDX
| $9.63M | ﹤0.01% |
391,952
| – | – |
|
|
INN
1794
Summit Hotel Properties
INN
$701M
| $9.61M | ﹤0.01% |
1,030,192
-110,541
| -10% | -$1.09M |
|
|
INVX
1795
Innovex International
INVX
$1.98B
| $9.6M | ﹤0.01% |
283,626
+63,002
| +29% | +$2.12M |
|
1796
Aveanna Healthcare
AVAH
$2.05B
| $9.55M | ﹤0.01% |
+772,348
| New | +$9.16M |
|
1797
uniQure
QURE
$3.16B
| $9.51M | ﹤0.01% |
308,750
-10,381
| -3% | -$348K |
|
1798
Camping World
CWH
$632M
| $9.5M | ﹤0.01% |
231,859
| – | – |
|
1799
Brown-Forman Class A
BF.A
$13.3B
| $9.48M | ﹤0.01% |
134,411
+119,144
| +780% | +$8.49M |
|
1800
Lindsay Corp
LNN
$1.19B
| $9.38M | ﹤0.01% |
56,763
+32,466
| +134% | +$5.34M |
|
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.