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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
+3.11%
1 Year Est. Return
3 Year Est. Return
5 Year Est. Return
10 Year Est. Return
AUM
$252B
AUM Growth
+$8.22B
Cap. Flow
+$2.68B
Cap. Flow %
1.06%
Top 10 Hldgs %
14.79%
Holding
2,216
New
77
Increased
1,043
Reduced
752
Closed
90

Sector Composition

Rank Sector Weight
1 Financials 18.76%
2 Technology 15.09%
3 Healthcare 13.88%
4 Consumer Discretionary 9.67%
5 Industrials 9.4%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake
Capital Flow
BAS
2076
DELISTED
Basis Energy Services, Inc.
BAS
$596K ﹤0.01%
23,952
-57,846
-71% -$1.61M
EVRI
2077
DELISTED
Everi Holdings
EVRI
$589K ﹤0.01%
+80,851
New +$524K
INFN
2078
DELISTED
Infinera Corporation Common Stock
INFN
$561K ﹤0.01%
52,575
CCO icon
2079
Clear Channel Outdoor Holdings
CCO
$1.22B
$560K ﹤0.01%
115,460
RNTX
2080
Rein Therapeutics
RNTX
$65.9M
$558K ﹤0.01%
+2,500
New +$549K
URGN icon
2081
UroGen Pharma
URGN
$1.98B
$540K ﹤0.01%
+29,900
New +$519K
ONTO icon
2082
Onto Innovation
ONTO
$10.9B
$535K ﹤0.01%
21,174
+11,274
+114% +$318K
CZR
2083
DELISTED
Caesars Entertainment Corporation
CZR
$535K ﹤0.01%
44,622
VECO icon
2084
Veeco
VECO
$2.67B
$534K ﹤0.01%
+19,185
New +$589K
BSFT
2085
DELISTED
BroadSoft, Inc.
BSFT
$528K ﹤0.01%
12,272
-60,188
-83% -$2.36M
ZEN
2086
DELISTED
ZENDESK INC
ZEN
$471K ﹤0.01%
16,967
GPRO icon
2087
GoPro
GPRO
$121M
$459K ﹤0.01%
56,510
LORL
2088
DELISTED
Loral Space and Communications, Inc.
LORL
$438K ﹤0.01%
10,551
OBSV
2089
DELISTED
ObsEva SA Ordinary Shares
OBSV
$428K ﹤0.01%
50,000
PFNX
2090
DELISTED
Pfenex Inc.
PFNX
$425K ﹤0.01%
105,910
COTV
2091
DELISTED
Cotiviti Holdings, Inc.
COTV
$420K ﹤0.01%
11,321
ASPS icon
2092
Altisource Portfolio Solutions
ASPS
$58.9M
$390K ﹤0.01%
2,232
-15,755
-88% -$3.13M
AYX
2093
DELISTED
Alteryx Inc
AYX
$390K ﹤0.01%
20,000
DOVA
2094
DELISTED
Dova Pharmaceuticals, Inc. Common Stock
DOVA
$390K ﹤0.01%
+17,500
New +$368K
KMDA icon
2095
Kamada
KMDA
$407M
$386K ﹤0.01%
64,762
NVLN
2096
DELISTED
Novelion Therapeutics Inc. Common Shares
NVLN
$366K ﹤0.01%
39,700
-6,496
-14% -$62.6K
TUES
2097
DELISTED
Tuesday Morning Corp
TUES
$356K ﹤0.01%
187,443
SHOE
2098
Shoe Station Group
SHOE
$417M
$354K ﹤0.01%
33,862
-32,212
-49% -$355K
RUTH
2099
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
$346K ﹤0.01%
+15,900
New +$335K
HEI.A icon
2100
HEICO Corp Class A
HEI.A
$36.3B
$341K ﹤0.01%
8,598
-2
-0% -$78

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Norges Bank's Q2 2017 Portfolio in Review

As of Q2 2017, Norges Bank held 2,216 positions worth $252B, up 3.4% from $244B the previous quarter. Its ten largest holdings account for 15% of the portfolio.

Norges Bank's Q2 2017 filing shows 77 new, 1,043 increased, 752 reduced and 90 closed positions. Its largest new stake was Altaba Inc: 5,288,554 shares worth $288M. The largest sale was Blackrock, an estimated $1.25B.

By sector, the portfolio is most concentrated in Financials at 19% of assets, up from 19% a quarter earlier, followed by Technology and Healthcare.

  • Norges Bank's largest Q2 2017 buy was Altaba Inc: 5,288,554 shares worth $288M.
  • Norges Bank added most to Du Pont De Nemours E I in Q2 2017, an estimated $334M increase.
  • Norges Bank's biggest Q2 2017 reduction was Blackrock, cutting an estimated $1.25B.
  • Norges Bank fully exited Yahoo Inc in Q2 2017, selling an estimated $318M.
  • Norges Bank's ten largest holdings make up 15% of its $252B portfolio in Q2 2017.
  • Norges Bank opened 77 new positions and closed 90 in Q2 2017.
  • Norges Bank's portfolio value rose 3.4% quarter-over-quarter to $252B.

Based on Norges Bank's 13F filing for Q2 2017, filed 2 Aug 2017.