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
|
+$518M |
| 2 |
Zoom
ZM
|
+$517M |
| 3 |
Alexandria Real Estate Equities
ARE
|
+$376M |
| 4 |
Match Group
MTCH
|
+$249M |
| 5 |
CrowdStrike
CRWD
|
+$217M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$658M |
| 2 |
Linde
LIN
|
+$320M |
| 3 |
Bank of America
BAC
|
+$307M |
| 4 |
PPLI
People Inc
PPLI
|
+$300M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$252M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.61% |
| 2 | Consumer Discretionary | 14.53% |
| 3 | Healthcare | 13.24% |
| 4 | Financials | 12.9% |
| 5 | Communication Services | 10.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
VIE
1826
DELISTED
Viela Bio, Inc. Common Stock
VIE
| $6.57M | ﹤0.01% |
233,833
+109,488
| +88% | +$3.87M |
|
|
CMO
1827
DELISTED
Capstead Mortgage Corp.
CMO
| $6.57M | ﹤0.01% |
1,168,282
-37,811
| -3% | -$226K |
|
1828
Skywest
SKYW
$4.47B
| $6.54M | ﹤0.01% |
219,168
| – | – |
|
1829
PagSeguro Digital
PAGS
$2.58B
| $6.53M | ﹤0.01% |
173,095
+1,326
| +0.8% | +$51.5K |
|
1830
Alector
ALEC
$170M
| $6.42M | ﹤0.01% |
+609,128
| New | +$9.85M |
|
|
BEAT
1831
DELISTED
BioTelemetry, Inc.
BEAT
| $6.38M | ﹤0.01% |
139,869
-268,643
| -66% | -$11.2M |
|
|
SAVE
1832
DELISTED
Spirit Airlines, Inc.
SAVE
| $6.36M | ﹤0.01% |
394,799
-64,453
| -14% | -$1.11M |
|
1833
Transocean
RIG
$5.81B
| $6.33M | ﹤0.01% |
7,842,253
+610,328
| +8% | +$998K |
|
1834
Tanger
SKT
$4.55B
| $6.33M | ﹤0.01% |
1,049,053
-19,937
| -2% | -$125K |
|
|
CKH
1835
DELISTED
Seacor Holdings Inc.
CKH
| $6.33M | ﹤0.01% |
217,535
| – | – |
|
|
BPYU
1836
DELISTED
Brookfield Property REIT Inc. Class A Common Stock
BPYU
| $6.25M | ﹤0.01% |
510,250
-669,969
| -57% | -$7.69M |
|
1837
Sabesp
SBS
$19B
| $6.2M | ﹤0.01% |
3,849,581
| – | – |
|
|
WPX
1838
DELISTED
WPX Energy, Inc.
WPX
| $6.13M | ﹤0.01% |
1,251,674
-1,582,668
| -56% | -$8.76M |
|
1839
E.W. Scripps
SSP
$282M
| $6.11M | ﹤0.01% |
534,403
+223,343
| +72% | +$2.44M |
|
1840
MeiraGTx Holdings
MGTX
$1.17B
| $6.03M | ﹤0.01% |
455,319
| – | – |
|
|
NOVA
1841
DELISTED
Sunnova Energy
NOVA
| $5.97M | ﹤0.01% |
+196,200
| New | +$4.65M |
|
1842
Ovintiv
OVV
$16.5B
| $5.83M | ﹤0.01% |
713,830
-207,057
| -22% | -$2.14M |
|
|
PDCE
1843
DELISTED
PDC Energy, Inc.
PDCE
| $5.83M | ﹤0.01% |
469,948
-260,636
| -36% | -$3.71M |
|
|
RPT
1844
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $5.79M | ﹤0.01% |
1,063,994
-130,261
| -11% | -$800K |
|
|
VSLR
1845
DELISTED
VIVINT SOLAR, INC.
VSLR
| $5.79M | ﹤0.01% |
+136,607
| New | +$3.52M |
|
|
NOAH
1846
Noah Holdings
NOAH
$598M
| $5.76M | ﹤0.01% |
221,051
| – | – |
|
1847
Option Care Health
OPCH
$3.53B
| $5.67M | ﹤0.01% |
+424,200
| New | +$5.16M |
|
1848
Under Armour
UAA
$2.83B
| $5.66M | ﹤0.01% |
504,122
-1,417,123
| -74% | -$14.9M |
|
|
SY
1849
So-Young International
SY
$205M
| $5.61M | ﹤0.01% |
449,349
| – | – |
|
|
BEST
1850
DELISTED
BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares
BEST
| $5.55M | ﹤0.01% |
92,496
| – | – |
|
Similar funds
Norges Bank's Q3 2020 Portfolio in Review
As of Q3 2020, Norges Bank held 2,199 positions worth $376B, up 8.4% from $347B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Norges Bank's Q3 2020 filing shows 123 new, 615 increased, 1,177 reduced and 71 closed positions. Its largest new stake was Match Group: 2,348,708 shares worth $260M. The largest sale was Apple, an estimated $658M.
By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 23% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- Norges Bank's largest Q3 2020 buy was Match Group: 2,348,708 shares worth $260M.
- Norges Bank added most to Walmart Inc in Q3 2020, an estimated $518M increase.
- Norges Bank's biggest Q3 2020 reduction was Apple, cutting an estimated $658M.
- Norges Bank fully exited Tech Data Corp in Q3 2020, selling an estimated $66.6M.
- Norges Bank's ten largest holdings make up 23% of its $376B portfolio in Q3 2020.
- Norges Bank opened 123 new positions and closed 71 in Q3 2020.
- Norges Bank's portfolio value rose 8.4% quarter-over-quarter to $376B.
Based on Norges Bank's 13F filing for Q3 2020, filed 10 Nov 2020.