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 |
Welltower
WELL
|
+$851M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$768M |
| 3 |
Blackstone
BX
|
+$670M |
| 4 |
AstraZeneca
AZN
|
+$544M |
| 5 |
Chevron
CVX
|
+$483M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$1.52B |
| 2 |
Microsoft
MSFT
|
+$1.11B |
| 3 |
Apple
AAPL
|
+$825M |
| 4 |
Applied Materials
AMAT
|
+$579M |
| 5 |
JD.com
JD
|
+$538M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.35% |
| 2 | Financials | 14.56% |
| 3 | Healthcare | 12.76% |
| 4 | Consumer Discretionary | 12.17% |
| 5 | Communication Services | 10.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1826
Sotera Health
SHC
$5.13B
| $7.93M | ﹤0.01% |
303,193
+120,638
| +66% | +$2.92M |
|
|
HUYA
1827
Huya Inc
HUYA
$572M
| $7.92M | ﹤0.01% |
949,094
| – | – |
|
1828
Delek US
DK
$4.05B
| $7.91M | ﹤0.01% |
439,988
-148,765
| -25% | -$2.53M |
|
1829
Clear Secure
YOU
$5.56B
| $7.85M | ﹤0.01% |
191,339
-158,661
| -45% | -$7.42M |
|
1830
Kanzhun
BZ
$7.36B
| $7.85M | ﹤0.01% |
218,107
-193,900
| -47% | -$6.86M |
|
|
SOHU
1831
Sohu.com
SOHU
$364M
| $7.85M | ﹤0.01% |
376,513
-46,882
| -11% | -$1M |
|
1832
Camping World
CWH
$694M
| $7.84M | ﹤0.01% |
201,597
-30,262
| -13% | -$1.19M |
|
1833
On Holding
ONON
$12.6B
| $7.77M | ﹤0.01% |
+257,755
| New | +$9.06M |
|
1834
Scorpio Tankers
STNG
$3.89B
| $7.72M | ﹤0.01% |
416,537
-78,875
| -16% | -$1.32M |
|
|
DHC
1835
Diversified Healthcare Trust
DHC
$2.13B
| $7.72M | ﹤0.01% |
2,278,014
-61,576
| -3% | -$232K |
|
1836
Marathon Digital Holdings
MARA
$4.48B
| $7.7M | ﹤0.01% |
+243,737
| New | +$7.92M |
|
1837
Washington Trust Bancorp
WASH
$755M
| $7.64M | ﹤0.01% |
144,238
| – | – |
|
1838
Acco Brands
ACCO
$399M
| $7.64M | ﹤0.01% |
889,277
| – | – |
|
|
FARO
1839
DELISTED
Faro Technologies
FARO
| $7.62M | ﹤0.01% |
115,832
-2,990
| -3% | -$210K |
|
1840
Scansource
SCSC
$1.16B
| $7.62M | ﹤0.01% |
219,111
| – | – |
|
|
CTXS
1841
DELISTED
Citrix Systems Inc
CTXS
| $7.62M | ﹤0.01% |
70,926
-608,693
| -90% | -$65.7M |
|
1842
Kearny Financial
KRNY
$610M
| $7.53M | ﹤0.01% |
605,396
-32,067
| -5% | -$396K |
|
|
RAPT
1843
DELISTED
RAPT Therapeutics
RAPT
| $7.47M | ﹤0.01% |
30,088
+24,300
| +420% | +$6.42M |
|
1844
ICL Group
ICL
$6.56B
| $7.42M | ﹤0.01% |
1,009,760
-66,624
| -6% | -$470K |
|
1845
Workhorse Group
WKHS
$34M
| $7.39M | ﹤0.01% |
322
| – | – |
|
|
ARR
1846
Armour Residential REIT
ARR
$2.31B
| $7.39M | ﹤0.01% |
137,142
-88
| -0.1% | -$4.75K |
|
1847
ChargePoint
CHPT
$143M
| $7.33M | ﹤0.01% |
+18,339
| New | +$8.54M |
|
1848
TIM SA
TIMB
$9.04B
| $7.25M | ﹤0.01% |
675,476
| – | – |
|
1849
C3.ai
AI
$1.51B
| $7.24M | ﹤0.01% |
156,232
+57,889
| +59% | +$2.94M |
|
1850
Skywest
SKYW
$4.42B
| $7.21M | ﹤0.01% |
146,234
+16,720
| +13% | +$728K |
|
Similar funds
Norges Bank's Q3 2021 Portfolio in Review
As of Q3 2021, Norges Bank held 2,403 positions worth $452B, down 2% from $461B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Norges Bank's Q3 2021 filing shows 197 new, 630 increased, 1,246 reduced and 133 closed positions. Its largest new stake was Palantir: 14,697,343 shares worth $353M. The largest sale was Alphabet (Google) Class A, an estimated $1.52B.
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 Q3 2021 buy was Palantir: 14,697,343 shares worth $353M.
- Norges Bank added most to Welltower in Q3 2021, an estimated $851M increase.
- Norges Bank's biggest Q3 2021 reduction was Alphabet (Google) Class A, cutting an estimated $1.52B.
- Norges Bank fully exited Alexion Pharmaceuticals in Q3 2021, selling an estimated $359M.
- Norges Bank's ten largest holdings make up 23% of its $452B portfolio in Q3 2021.
- Norges Bank opened 197 new positions and closed 133 in Q3 2021.
- Norges Bank's portfolio value fell 2% quarter-over-quarter to $452B.
Based on Norges Bank's 13F filing for Q3 2021, filed 5 Nov 2021.