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Norges Bank

Norges Bank Portfolio holdings

AUM $935B
 

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.

This Fund
S&P 500
This Quarter Est. Return
+7.03%
1 Year Est. Return
3 Year Est. Return
5 Year Est. Return
10 Year Est. Return
AUM
$308B
AUM Growth
+$16.6B
Cap. Flow
+$44.1M
Cap. Flow %
0.01%
Top 10 Hldgs %
17.3%
Holding
2,209
New
74
Increased
715
Reduced
609
Closed
67

Top Sells

Rank Stock Value
1
GGP
GGP Inc.
GGP
+$606M
2
WFC icon
Wells Fargo
WFC
+$206M
3
ORCL icon
Oracle
ORCL
+$200M
4
UBS icon
UBS Group
UBS
+$185M
5
BRK.A icon
Berkshire Hathaway Class A
BRK.A
+$154M

Sector Composition

Rank Sector Weight
1 Technology 17.96%
2 Financials 17.19%
3 Healthcare 13.99%
4 Consumer Discretionary 11.37%
5 Communication Services 9.4%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake
Capital Flow
SEMG
1901
DELISTED
SEMGROUP CORPORATION
SEMG
$7.26M ﹤0.01%
329,396
GTT
1902
DELISTED
GTT Communications, Inc.
GTT
$7.25M ﹤0.01%
167,102
-24,009
-13% -$1.03M
NPK icon
1903
National Presto Industries
NPK
$870M
$7.23M ﹤0.01%
55,789
AMX icon
1904
America Movil
AMX
$74.6B
$7.23M ﹤0.01%
450,000
NNBR icon
1905
NN Inc
NNBR
$237M
$7.22M ﹤0.01%
463,119
+201,948
+77% +$3.78M
FRGI
1906
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
$7.22M ﹤0.01%
270,059
GLOG
1907
DELISTED
GASLOG LTD
GLOG
$7.22M ﹤0.01%
365,693
-59,347
-14% -$1.05M
FIT
1908
DELISTED
Fitbit, Inc. Class A common stock
FIT
$7.18M ﹤0.01%
1,341,358
+337,268
+34% +$2.02M
ITCI
1909
DELISTED
Intra-Cellular Therapies Inc.
ITCI
$7.16M ﹤0.01%
330,070
CVCO icon
1910
Cavco Industries
CVCO
$4.36B
$7.13M ﹤0.01%
+28,189
New +$6.53M
CYOU
1911
DELISTED
Changyou.com Limited American Depositary Share
CYOU
$7.04M ﹤0.01%
533,676
KERX
1912
DELISTED
Keryx Biopharmaceuticals Inc
KERX
$6.98M ﹤0.01%
2,051,899
KANG
1913
DELISTED
iKang Healthcare Group, Inc.
KANG
$6.9M ﹤0.01%
381,059
LNN icon
1914
Lindsay Corp
LNN
$1.14B
$6.88M ﹤0.01%
68,662
+13,648
+25% +$1.28M
AIMT
1915
DELISTED
Aimmune Therapeutics
AIMT
$6.88M ﹤0.01%
252,316
CLW icon
1916
Clearwater Paper
CLW
$348M
$6.83M ﹤0.01%
229,862
-90,765
-28% -$2.44M
BRFS
1917
DELISTED
BRF SA
BRFS
$6.81M ﹤0.01%
1,243,370
EBIX
1918
DELISTED
Ebix Inc
EBIX
$6.75M ﹤0.01%
85,311
+11,898
+16% +$947K
OBE
1919
Obsidian Energy
OBE
$656M
$6.75M ﹤0.01%
1,030,167
VSLR
1920
DELISTED
VIVINT SOLAR, INC.
VSLR
$6.72M ﹤0.01%
1,293,264
-368,859
-22% -$1.95M
CSTE icon
1921
Caesarstone
CSTE
$69.5M
$6.67M ﹤0.01%
359,667
-149,741
-29% -$2.63M
CPLG
1922
DELISTED
CorePoint Lodging Inc. Common Stock
CPLG
$6.67M ﹤0.01%
342,881
MMYT icon
1923
MakeMyTrip
MMYT
$5.38B
$6.67M ﹤0.01%
242,865
ICFI icon
1924
ICF International
ICFI
$1.5B
$6.66M ﹤0.01%
88,289
NEXA icon
1925
Nexa Resources
NEXA
$1.61B
$6.62M ﹤0.01%
548,867
+297,475
+118% +$3.6M

Similar funds

Norges Bank's Q3 2018 Portfolio in Review

As of Q3 2018, Norges Bank held 2,209 positions worth $308B, up 5.7% from $291B the previous quarter. Its ten largest holdings account for 17% of the portfolio.

Norges Bank's Q3 2018 filing shows 74 new, 715 increased, 609 reduced and 67 closed positions. Its largest new stake was NIO: 19,750,000 shares worth $138M. The largest sale was GGP Inc., an estimated $606M.

By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Financials and Healthcare.

  • Norges Bank's largest Q3 2018 buy was NIO: 19,750,000 shares worth $138M.
  • Norges Bank added most to Meta Platforms (Facebook) in Q3 2018, an estimated $203M increase.
  • Norges Bank's biggest Q3 2018 reduction was Wells Fargo, cutting an estimated $206M.
  • Norges Bank fully exited GGP Inc. in Q3 2018, selling an estimated $606M.
  • Norges Bank's ten largest holdings make up 17% of its $308B portfolio in Q3 2018.
  • Norges Bank opened 74 new positions and closed 67 in Q3 2018.
  • Norges Bank's portfolio value rose 5.7% quarter-over-quarter to $308B.

Based on Norges Bank's 13F filing for Q3 2018, filed 9 Nov 2018.