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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
PRTK
1976
DELISTED
Paratek Pharmaceuticals, Inc.
PRTK
$4.63M ﹤0.01%
476,977
WRD
1977
DELISTED
WildHorse Resource Development
WRD
$4.59M ﹤0.01%
194,290
CO
1978
DELISTED
Global Cord Blood Corporation
CO
$4.5M ﹤0.01%
644,355
+75,100
+13% +$564K
GOOS
1979
Canada Goose Holdings
GOOS
$903M
$4.45M ﹤0.01%
+69,144
New +$4.04M
SBS icon
1980
Sabesp
SBS
$18.4B
$4.41M ﹤0.01%
3,849,581
RDUS
1981
DELISTED
Radius Health, Inc.
RDUS
$4.38M ﹤0.01%
246,050
ARAY icon
1982
Accuray
ARAY
$27.5M
$4.34M ﹤0.01%
963,891
INFN
1983
DELISTED
Infinera Corporation Common Stock
INFN
$4.3M ﹤0.01%
589,589
-142,493
-19% -$1.21M
FPRX
1984
DELISTED
Five Prime Therapeutics, Inc.
FPRX
$4.23M ﹤0.01%
303,900
XOG
1985
DELISTED
Extraction Oil & Gas, Inc. Common Stock
XOG
$4.22M ﹤0.01%
374,048
AUDC icon
1986
AudioCodes
AUDC
$239M
$4.18M ﹤0.01%
414,614
-52,681
-11% -$513K
GPMT
1987
Granite Point Mortgage Trust
GPMT
$63.7M
$4.17M ﹤0.01%
216,017
-48,528
-18% -$916K
SITC icon
1988
SITE Centers
SITC
$236M
$4.15M ﹤0.01%
397,121
-83,792
-17% -$913K
SWCH
1989
DELISTED
Switch, Inc. Class A Common Stock
SWCH
$4.15M ﹤0.01%
383,940
-938,689
-71% -$11.3M
ARCB icon
1990
ArcBest
ARCB
$3.15B
$4.09M ﹤0.01%
84,151
JE
1991
DELISTED
Just Energy Group Inc
JE
$4.03M ﹤0.01%
39,361
-32,832
-45% -$3.63M
AMBA icon
1992
Ambarella
AMBA
$3.04B
$4M ﹤0.01%
103,465
-22,361
-18% -$866K
TGI
1993
DELISTED
Triumph Group
TGI
$3.97M ﹤0.01%
170,260
TRVG
1994
trivago
TRVG
$385M
$3.95M ﹤0.01%
128,160
WT icon
1995
WisdomTree
WT
$2.79B
$3.9M ﹤0.01%
459,631
+103,305
+29% +$877K
MSEX icon
1996
Middlesex Water
MSEX
$1.07B
$3.81M ﹤0.01%
78,651
-69,069
-47% -$3.15M
DPLO
1997
DELISTED
DIPLOMAT PHARMACY, INC.
DPLO
$3.74M ﹤0.01%
192,558
JKS
1998
JinkoSolar
JKS
$764M
$3.61M ﹤0.01%
335,430
BRY
1999
DELISTED
Berry Corp
BRY
$3.52M ﹤0.01%
+200,000
New +$2.98M
WABC icon
2000
Westamerica Bancorp
WABC
$1.39B
$3.5M ﹤0.01%
58,254

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.