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 | |
|---|---|---|---|---|---|---|
1851
Bumble
BMBL
$403M
| $7.18M | ﹤0.01% |
143,629
+133,550
| +1,325% | +$6.95M |
|
|
INVX
1852
Innovex International
INVX
$1.98B
| $7.14M | ﹤0.01% |
283,626
| – | – |
|
1853
America Movil
AMX
$74.9B
| $7.07M | ﹤0.01% |
+400,000
| New | +$6.9M |
|
|
STFC
1854
DELISTED
State Auto Financial Corp
STFC
| $7.07M | ﹤0.01% |
138,725
+6,072
| +5% | +$288K |
|
|
NTUS
1855
DELISTED
Natus Medical Inc
NTUS
| $6.96M | ﹤0.01% |
277,397
-34,552
| -11% | -$880K |
|
1856
Prelude Therapeutics
PRLD
$350M
| $6.95M | ﹤0.01% |
222,400
+197,400
| +790% | +$6.39M |
|
1857
Buckle
BKE
$2.37B
| $6.94M | ﹤0.01% |
175,375
-202,301
| -54% | -$8.63M |
|
|
NIU
1858
Niu Technologies
NIU
$202M
| $6.94M | ﹤0.01% |
299,540
| – | – |
|
1859
Freshworks
FRSH
$3.25B
| $6.94M | ﹤0.01% |
+162,533
| New | +$7.28M |
|
1860
Century Aluminum
CENX
$4.47B
| $6.91M | ﹤0.01% |
513,833
-77,829
| -13% | -$978K |
|
|
KYNB
1861
Kyntra Bio
KYNB
$27.4M
| $6.85M | ﹤0.01% |
26,803
+8,713
| +48% | +$3.09M |
|
1862
Kelly Services Class A
KELYA
$520M
| $6.83M | ﹤0.01% |
361,669
+40,900
| +13% | +$857K |
|
1863
Children's Place
PLCE
$56.3M
| $6.82M | ﹤0.01% |
90,593
+54,104
| +148% | +$4.8M |
|
|
EGLE
1864
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $6.79M | ﹤0.01% |
134,603
+9,073
| +7% | +$411K |
|
|
AVTA
1865
DELISTED
Avantax, Inc. Common Stock
AVTA
| $6.78M | ﹤0.01% |
435,136
-15,560
| -3% | -$252K |
|
1866
Brown-Forman Class A
BF.A
$12.9B
| $6.73M | ﹤0.01% |
107,370
-27,041
| -20% | -$1.8M |
|
1867
SiriusPoint
SPNT
$2.75B
| $6.71M | ﹤0.01% |
724,181
-294,111
| -29% | -$2.82M |
|
1868
eHealth
EHTH
$43.8M
| $6.68M | ﹤0.01% |
165,071
+29,848
| +22% | +$1.39M |
|
1869
Columbia Financial
CLBK
$1.11B
| $6.64M | ﹤0.01% |
359,180
-6,646
| -2% | -$119K |
|
1870
CryoPort
CYRX
$781M
| $6.64M | ﹤0.01% |
99,854
+79,854
| +399% | +$4.92M |
|
|
DAY
1871
DELISTED
Dayforce
DAY
| $6.63M | ﹤0.01% |
58,915
-207,576
| -78% | -$21.8M |
|
|
ZGNX
1872
DELISTED
Zogenix, Inc.
ZGNX
| $6.63M | ﹤0.01% |
436,251
-208,543
| -32% | -$3.26M |
|
|
FOCS
1873
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $6.62M | ﹤0.01% |
+126,438
| New | +$6.46M |
|
|
XENT
1874
DELISTED
Intersect ENT, Inc
XENT
| $6.61M | ﹤0.01% |
+243,000
| New | +$6.01M |
|
1875
American Well
AMWL
$180M
| $6.55M | ﹤0.01% |
35,960
+13,305
| +59% | +$2.89M |
|
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.