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
+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
SYBT icon
2026
Stock Yards Bancorp
SYBT
$2.6B
$2.69M ﹤0.01%
74,045
PARAA
2027
DELISTED
Paramount Global Class A
PARAA
$2.66M ﹤0.01%
45,798
CADE
2028
DELISTED
Cadence Bancorporation
CADE
$2.61M ﹤0.01%
+100,000
New +$2.81M
SAH icon
2029
Sonic Automotive
SAH
$3.56B
$2.5M ﹤0.01%
129,245
+47,847
+59% +$989K
HTT
2030
High Templar Tech Ltd
HTT
$370M
$2.47M ﹤0.01%
+474,495
New +$3.25M
CYH icon
2031
Community Health Systems
CYH
$382M
$2.44M ﹤0.01%
706,088
-478,653
-40% -$1.56M
SUP
2032
DELISTED
Superior Industries International
SUP
$2.43M ﹤0.01%
142,393
-17,733
-11% -$341K
MIXT
2033
DELISTED
MIX TELEMATICS LIMITED
MIXT
$2.36M ﹤0.01%
163,607
-249,488
-60% -$4.12M
KG
2034
Kestrel Group
KG
$66.1M
$2.33M ﹤0.01%
40,958
-52,012
-56% -$5.64M
ASNA
2035
DELISTED
Ascena Retail Group, Inc.
ASNA
$2.32M ﹤0.01%
+25,426
New +$2.11M
NGD
2036
DELISTED
New Gold Inc
NGD
$2.32M ﹤0.01%
2,935,294
AG icon
2037
First Majestic Silver
AG
$7.52B
$2.27M ﹤0.01%
399,611
KEN icon
2038
Kenon Holdings
KEN
$3.33B
$2.23M ﹤0.01%
131,405
+32,778
+33% +$518K
CENT icon
2039
Central Garden & Pet Co
CENT
$2.76B
$2.17M ﹤0.01%
75,334
KDNY
2040
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
$2.11M ﹤0.01%
57,295
RJET
2041
Republic Airways Holdings
RJET
$845M
$2.08M ﹤0.01%
+10,000
New +$2.04M
PS
2042
DELISTED
Pluralsight, Inc. Class A Common Stock
PS
$2.05M ﹤0.01%
63,969
-61,031
-49% -$1.79M
HUD
2043
DELISTED
Hudson Ltd. Class A Common Shares
HUD
$2.05M ﹤0.01%
90,693
-1,288,928
-93% -$25M
GILT icon
2044
Gilat Satellite Networks
GILT
$789M
$1.99M ﹤0.01%
227,492
GNC
2045
DELISTED
GNC Holdings, Inc.
GNC
$1.97M ﹤0.01%
474,967
ALDR
2046
DELISTED
Alder Biopharmaceuticals
ALDR
$1.96M ﹤0.01%
117,405
WHD icon
2047
Cactus
WHD
$3.63B
$1.91M ﹤0.01%
+50,000
New +$1.71M
FOR icon
2048
Forestar Group
FOR
$1.48B
$1.9M ﹤0.01%
89,692
AXGN icon
2049
Axogen
AXGN
$2.2B
$1.86M ﹤0.01%
+50,391
New +$2.2M
MATX icon
2050
Matsons
MATX
$6.11B
$1.77M ﹤0.01%
44,635

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.