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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
UPBD icon
1951
Upbound Group
UPBD
$1.22B
$5.69M ﹤0.01%
395,893
SSYS icon
1952
Stratasys
SSYS
$666M
$5.67M ﹤0.01%
245,463
+82,138
+50% +$1.85M
CWT icon
1953
California Water Service
CWT
$3.1B
$5.67M ﹤0.01%
132,041
-28,337
-18% -$1.16M
BKS
1954
DELISTED
Barnes & Noble
BKS
$5.65M ﹤0.01%
973,641
SFUN
1955
DELISTED
Fang Holdings Limited American Depositary Shares (each representing ten Class A Ordinary Shares)
SFUN
$5.62M ﹤0.01%
43,408
PVG
1956
DELISTED
PRETIUM RESOURCES INC.
PVG
$5.56M ﹤0.01%
731,527
+473,730
+184% +$3.89M
AQUA
1957
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
$5.47M ﹤0.01%
307,936
REPL icon
1958
Replimune Group
REPL
$454M
$5.39M ﹤0.01%
+335,000
New +$5.87M
HOME
1959
DELISTED
At Home Group Inc.
HOME
$5.36M ﹤0.01%
+170,000
New +$5.99M
ESPR
1960
DELISTED
Esperion Therapeutics
ESPR
$5.34M ﹤0.01%
120,350
SMTA
1961
DELISTED
Spirit MTA REIT Common Shares of Beneficial Interest
SMTA
$5.33M ﹤0.01%
462,639
NBR icon
1962
Nabors Industries
NBR
$1.17B
$5.26M ﹤0.01%
17,077
+10,427
+157% +$3.22M
EVH icon
1963
Evolent Health
EVH
$371M
$5.2M ﹤0.01%
183,039
+107,791
+143% +$2.57M
BOOM icon
1964
DMC Global
BOOM
$111M
$5.19M ﹤0.01%
127,288
+20,408
+19% +$870K
LL
1965
DELISTED
LL Flooring Holdings, Inc.
LL
$5.18M ﹤0.01%
334,317
+146,722
+78% +$2.96M
RDFN
1966
DELISTED
Redfin
RDFN
$5.08M ﹤0.01%
+271,659
New +$5.75M
IMGN
1967
DELISTED
Immunogen Inc
IMGN
$5.06M ﹤0.01%
533,979
IPAR icon
1968
Interparfums
IPAR
$4.07B
$5.02M ﹤0.01%
+77,940
New +$4.79M
PPBI
1969
DELISTED
Pacific Premier Bancorp
PPBI
$4.95M ﹤0.01%
133,029
PRTA icon
1970
Prothena Corp
PRTA
$448M
$4.93M ﹤0.01%
376,816
SOGO
1971
DELISTED
Sogou Inc. American Depositary Shares, each representing one Class A Ordinary Share
SOGO
$4.83M ﹤0.01%
+649,350
New +$5.95M
GTN icon
1972
Gray Television
GTN
$437M
$4.77M ﹤0.01%
272,728
ESND
1973
DELISTED
Essendant Inc.
ESND
$4.76M ﹤0.01%
370,960
ATCO
1974
DELISTED
Atlas Corp.
ATCO
$4.7M ﹤0.01%
564,527
TXMD icon
1975
TherapeuticsMD
TXMD
$23.8M
$4.7M ﹤0.01%
14,329
+5,000
+54% +$1.53M

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.