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 |
Walmart Inc
WMT
|
+$864M |
| 2 |
T-Mobile US
TMUS
|
+$580M |
| 3 |
Meta Platforms (Facebook)
META
|
+$367M |
| 4 |
AbbVie
ABBV
|
+$348M |
| 5 |
Blackrock
BLK
|
+$335M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$692M |
| 2 |
RTN
Raytheon Company
RTN
|
+$368M |
| 3 |
Bristol-Myers Squibb
BMY
|
+$279M |
| 4 |
Visa
V
|
+$237M |
| 5 |
Intel
INTC
|
+$187M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.84% |
| 2 | Healthcare | 13.58% |
| 3 | Financials | 13.55% |
| 4 | Consumer Discretionary | 13.35% |
| 5 | Communication Services | 10.14% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TVTY
1826
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $6.28M | ﹤0.01% |
554,080
-57,388
| -9% | -$524K |
|
1827
Columbia Financial
CLBK
$1.12B
| $6.27M | ﹤0.01% |
449,279
| – | – |
|
1828
Pitney Bowes
PBI
$2.4B
| $6.24M | ﹤0.01% |
2,400,225
+118,878
| +5% | +$297K |
|
|
VCRA
1829
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $6.19M | ﹤0.01% |
292,089
| – | – |
|
|
BBT
1830
Beacon Financial Corp
BBT
$2.66B
| $6.16M | ﹤0.01% |
559,360
| – | – |
|
|
SOHU
1831
Sohu.com
SOHU
$362M
| $6.16M | ﹤0.01% |
669,004
| – | – |
|
|
CKH
1832
DELISTED
Seacor Holdings Inc.
CKH
| $6.16M | ﹤0.01% |
217,535
-10,005
| -4% | -$273K |
|
|
PRNB
1833
DELISTED
Principia Biopharma Inc. Common Stock
PRNB
| $6.13M | ﹤0.01% |
102,506
+78,709
| +331% | +$4.86M |
|
|
TPC
1834
Tutor Perini Cor
TPC
$4.41B
| $6.12M | ﹤0.01% |
502,363
| – | – |
|
|
SY
1835
So-Young International
SY
$185M
| $6.1M | ﹤0.01% |
449,349
+177,304
| +65% | +$1.87M |
|
1836
Washington Trust Bancorp
WASH
$743M
| $6.08M | ﹤0.01% |
185,551
| – | – |
|
1837
PagSeguro Digital
PAGS
$2.69B
| $6.07M | ﹤0.01% |
171,769
+6,573
| +4% | +$185K |
|
|
EBIX
1838
DELISTED
Ebix Inc
EBIX
| $6.06M | ﹤0.01% |
270,863
| – | – |
|
1839
Cars.com
CARS
$662M
| $5.94M | ﹤0.01% |
1,031,790
+136,098
| +15% | +$752K |
|
1840
Kearny Financial
KRNY
$604M
| $5.93M | ﹤0.01% |
725,555
-33,476
| -4% | -$280K |
|
|
AERI
1841
DELISTED
Aerie Pharmaceuticals
AERI
| $5.9M | ﹤0.01% |
399,753
-20,435
| -5% | -$302K |
|
|
ERF
1842
DELISTED
Enerplus Corporation
ERF
| $5.88M | ﹤0.01% |
2,091,321
-541,100
| -21% | -$1.38M |
|
1843
Children's Place
PLCE
$54.3M
| $5.86M | ﹤0.01% |
156,490
| – | – |
|
|
DSPG
1844
DELISTED
DSP Group Inc
DSPG
| $5.83M | ﹤0.01% |
367,221
-54,259
| -13% | -$890K |
|
|
ZUO
1845
DELISTED
Zuora, Inc.
ZUO
| $5.74M | ﹤0.01% |
+450,200
| New | +$5.01M |
|
1846
Scorpio Tankers
STNG
$3.9B
| $5.72M | ﹤0.01% |
446,649
+96,240
| +27% | +$1.75M |
|
1847
MeiraGTx Holdings
MGTX
$1.09B
| $5.7M | ﹤0.01% |
455,319
| – | – |
|
|
NOAH
1848
Noah Holdings
NOAH
$580M
| $5.63M | ﹤0.01% |
221,051
+90,000
| +69% | +$2.32M |
|
1849
ProPetro Holding
PUMP
$1.36B
| $5.63M | ﹤0.01% |
1,094,425
+430,970
| +65% | +$1.99M |
|
1850
Hyster-Yale Materials Handling
HY
$599M
| $5.58M | ﹤0.01% |
144,278
-4,196
| -3% | -$156K |
|
Similar funds
Norges Bank's Q2 2020 Portfolio in Review
As of Q2 2020, Norges Bank held 2,120 positions worth $347B, up 24% from $281B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Norges Bank's Q2 2020 filing shows 74 new, 993 increased, 738 reduced and 44 closed positions. Its largest new stake was Nikola Corporation Common Stock: 333,333 shares worth $675M. The largest sale was Allergan plc, an estimated $692M.
By sector, the portfolio is most concentrated in Technology at 23% of assets, up from 21% a quarter earlier, followed by Healthcare and Financials.
- Norges Bank's largest Q2 2020 buy was Nikola Corporation Common Stock: 333,333 shares worth $675M.
- Norges Bank added most to Walmart Inc in Q2 2020, an estimated $864M increase.
- Norges Bank's biggest Q2 2020 reduction was Bristol-Myers Squibb, cutting an estimated $279M.
- Norges Bank fully exited Allergan plc in Q2 2020, selling an estimated $692M.
- Norges Bank's ten largest holdings make up 22% of its $347B portfolio in Q2 2020.
- Norges Bank opened 74 new positions and closed 44 in Q2 2020.
- Norges Bank's portfolio value rose 24% quarter-over-quarter to $347B.
Based on Norges Bank's 13F filing for Q2 2020, filed 7 Aug 2020.