We are live on ! Find out more
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
+4.85%
1 Year Est. Return
–
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$669B
AUM Growth
+$35.7B
Cap. Flow
+$16.5B
Cap. Flow %
2.46%
Top 10 Hldgs %
31.21%
Holding
2,011
New
126
Increased
838
Reduced
818
Closed
81

Top Buys

Rank Stock Value
1
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$2.32B
2
AAPL icon
Apple
AAPL
+$2.24B
3
MSFT icon
Microsoft
MSFT
+$1.26B
4
AMZN icon
Amazon
AMZN
+$1.21B
5
XOM icon
ExxonMobil
XOM
+$882M

Top Sells

Rank Stock Value
1
GOOG icon
Alphabet (Google) Class C
GOOG
+$1.69B
2
PANW icon
Palo Alto Networks
PANW
+$614M
3
BKNG icon
Booking.com
BKNG
+$591M
4
EQIX icon
Equinix
EQIX
+$417M
5
MU icon
Micron Technology
MU
+$324M

Sector Composition

Rank Sector Weight
1 Technology 30.28%
2 Financials 13.68%
3 Healthcare 11.64%
4 Consumer Discretionary 10.49%
5 Communication Services 8.89%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
AIRC
2001
DELISTED
Apartment Income REIT Corp.
AIRC
– –
-1,819,967
Closed -$59.1M
TARO
2002
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
– –
-42,835
Closed -$1.81M
DCPH
2003
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
– –
-352,000
Closed -$5.54M
SWAV
2004
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
– –
-517,380
Closed -$168M
DOOR
2005
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
– –
-136,787
Closed -$18M
TAST
2006
DELISTED
Carrols Restaurant Group, Inc.
TAST
– –
-526,316
Closed -$5.01M
AEL
2007
DELISTED
American Equity Investment Life Holding Company
AEL
– –
-944,776
Closed -$53.1M
TCN
2008
DELISTED
Tricon Residential Inc.
TCN
– –
-2,991,226
Closed -$33.4M
MDC
2009
DELISTED
M.D.C. Holdings, Inc.
MDC
– –
-704,392
Closed -$44.3M
KAMN
2010
DELISTED
Kaman Corp
KAMN
– –
-102,700
Closed -$4.71M
LBPH
2011
DELISTED
Longboard Pharmaceuticals, Inc. Common Stock
LBPH
– –
-40,000
Closed -$864K
77 78 79 80
81

Similar funds

CIBC Private Wealth Group
CIBC Private Wealth Group Atlanta, Georgia $59.2B AUM 20.62% 1-Year Est. Return
Two Sigma Advisers
Two Sigma Advisers New York $51.4B AUM 31.07% 1-Year Est. Return
Comerica Bank
Comerica Bank Dallas, Texas $25.1B AUM 24.68% 1-Year Est. Return
CWM
CIBC World Markets New York $20.8B AUM
VRS
Virginia Retirement Systems Richmond, Virginia $16.8B AUM 25.91% 1-Year Est. Return
FAF
Första AP-fonden Stockholm, Sweden $16.8B AUM 29.64% 1-Year Est. Return
BGIM
Brandywine Global Investment Management Philadelphia, Pennsylvania $14.9B AUM 20.41% 1-Year Est. Return
CIM
CCLA Investment Management London, United Kingdom $6.23B AUM 5.02% 1-Year Est. Return

Norges Bank's Q2 2024 Portfolio in Review

As of Q2 2024, Norges Bank held 2,011 positions worth $669B, up 5.6% from $634B the previous quarter. Its ten largest holdings account for 31% of the portfolio.

Norges Bank's Q2 2024 filing shows 126 new, 838 increased, 818 reduced and 81 closed positions. Its largest new stake was Ferrovial N.V. Ordinary Shares: 12,011,984 shares worth $462M. The largest sale was Alphabet (Google) Class C, an estimated $1.69B.

By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 28% a quarter earlier, followed by Financials and Healthcare.

  • Norges Bank's largest Q2 2024 buy was Ferrovial N.V. Ordinary Shares: 12,011,984 shares worth $462M.
  • Norges Bank added most to Alphabet (Google) Class A in Q2 2024, an estimated $2.32B increase.
  • Norges Bank's biggest Q2 2024 reduction was Alphabet (Google) Class C, cutting an estimated $1.69B.
  • Norges Bank fully exited Shockwave Medical, Inc. Common Stock in Q2 2024, selling an estimated $168M.
  • Norges Bank's ten largest holdings make up 31% of its $669B portfolio in Q2 2024.
  • Norges Bank opened 126 new positions and closed 81 in Q2 2024.
  • Norges Bank's portfolio value rose 5.6% quarter-over-quarter to $669B.

Based on Norges Bank's 13F filing for Q2 2024, filed 14 Aug 2024.