Norges Bank Portfolio holdings
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.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
UDR
UDR
|
+$330M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$329M |
| 3 |
Alexandria Real Estate Equities
ARE
|
+$327M |
| 4 |
Invitation Homes
INVH
|
+$309M |
| 5 |
Tesla
TSLA
|
+$260M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$970M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$928M |
| 3 |
Citigroup
C
|
+$368M |
| 4 |
Linde
LIN
|
+$354M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$320M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.3% |
| 2 | Financials | 14.41% |
| 3 | Healthcare | 12.63% |
| 4 | Consumer Discretionary | 12.55% |
| 5 | Communication Services | 10.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2051
Zymeworks
ZYME
$1.73B
| $1.53M | ﹤0.01% |
44,191
-10,865
| -20% | -$345K |
|
|
ZEUS
2052
DELISTED
Olympic Steel
ZEUS
| $1.51M | ﹤0.01% |
+51,300
| New | +$1.62M |
|
2053
Warrior Met Coal
HCC
$4.45B
| $1.5M | ﹤0.01% |
+87,500
| New | +$1.53M |
|
|
LGTY
2054
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
| $1.5M | ﹤0.01% |
68,166
| – | – |
|
2055
Forestar Group
FOR
$1.51B
| $1.5M | ﹤0.01% |
+71,500
| New | +$1.67M |
|
|
RAPT
2056
DELISTED
RAPT Therapeutics
RAPT
| $1.47M | ﹤0.01% |
+5,788
| New | +$1.08M |
|
2057
Passage Bio
PASG
$14.8M
| $1.47M | ﹤0.01% |
5,554
+4,345
| +359% | +$1.34M |
|
2058
Ecovyst
ECVT
$1.25B
| $1.45M | ﹤0.01% |
+94,600
| New | +$1.49M |
|
|
ICAD
2059
DELISTED
iCAD Inc
ICAD
| $1.45M | ﹤0.01% |
+83,582
| New | +$1.47M |
|
2060
Gilat Satellite Networks
GILT
$877M
| $1.44M | ﹤0.01% |
142,149
-265,820
| -65% | -$2.65M |
|
|
VZIO
2061
DELISTED
VIZIO Holding Corp.
VZIO
| $1.39M | ﹤0.01% |
51,608
-248,392
| -83% | -$5.84M |
|
2062
Neuropace
NPCE
$467M
| $1.38M | ﹤0.01% |
+58,000
| New | +$1.35M |
|
2063
KRONOS Worldwide
KRO
$714M
| $1.38M | ﹤0.01% |
+96,200
| New | +$1.56M |
|
|
SEI
2064
Solaris Energy Infrastructure
SEI
$3.41B
| $1.38M | ﹤0.01% |
141,200
+101,100
| +252% | +$1.07M |
|
2065
Crinetics Pharmaceuticals
CRNX
$8.91B
| $1.37M | ﹤0.01% |
72,800
+39,200
| +117% | +$689K |
|
|
AMAM
2066
DELISTED
Ambrx Biopharma Inc
AMAM
| $1.37M | ﹤0.01% |
+70,000
| New | +$1.19M |
|
2067
Intrepid Potash
IPI
$453M
| $1.37M | ﹤0.01% |
+42,900
| New | +$1.27M |
|
2068
Par Pacific Holdings
PARR
$3.51B
| $1.36M | ﹤0.01% |
+80,700
| New | +$1.21M |
|
2069
Johnson Outdoors
JOUT
$509M
| $1.34M | ﹤0.01% |
11,100
+1,600
| +17% | +$214K |
|
2070
Sprout Social
SPT
$519M
| $1.34M | ﹤0.01% |
15,000
| – | – |
|
2071
Capital Southwest
CSWC
$1.52B
| $1.32M | ﹤0.01% |
+56,934
| New | +$1.41M |
|
2072
MGP Ingredients
MGPI
$379M
| $1.32M | ﹤0.01% |
19,475
| – | – |
|
|
SP
2073
DELISTED
SP Plus Corporation
SP
| $1.31M | ﹤0.01% |
+43,000
| New | +$1.41M |
|
|
AMRS
2074
DELISTED
Amyris Inc.
AMRS
| $1.31M | ﹤0.01% |
+80,000
| New | +$1.19M |
|
2075
Amphastar Pharmaceuticals
AMPH
$892M
| $1.3M | ﹤0.01% |
+64,500
| New | +$1.22M |
|
Similar funds
Norges Bank's Q2 2021 Portfolio in Review
As of Q2 2021, Norges Bank held 2,310 positions worth $461B, up 5.6% from $437B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Norges Bank's Q2 2021 filing shows 183 new, 607 increased, 1,278 reduced and 104 closed positions. Its largest new stake was DoorDash: 1,116,782 shares worth $199M. The largest sale was Apple, an estimated $970M.
By sector, the portfolio is most concentrated in Technology at 23% of assets, up from 23% a quarter earlier, followed by Financials and Healthcare.
- Norges Bank's largest Q2 2021 buy was DoorDash: 1,116,782 shares worth $199M.
- Norges Bank added most to UDR in Q2 2021, an estimated $330M increase.
- Norges Bank's biggest Q2 2021 reduction was Apple, cutting an estimated $970M.
- Norges Bank fully exited INPHI CORPORATION in Q2 2021, selling an estimated $205M.
- Norges Bank's ten largest holdings make up 22% of its $461B portfolio in Q2 2021.
- Norges Bank opened 183 new positions and closed 104 in Q2 2021.
- Norges Bank's portfolio value rose 5.6% quarter-over-quarter to $461B.
Based on Norges Bank's 13F filing for Q2 2021, filed 10 Aug 2021.