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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
SHAK icon
2076
Shake Shack
SHAK
$2.55B
$1.03M ﹤0.01%
+16,361
New +$993K
ACIA
2077
DELISTED
Acacia Communications Inc
ACIA
$1.02M ﹤0.01%
24,553
RVI
2078
DELISTED
Retail Value Inc. Common Shares
RVI
$1.01M ﹤0.01%
+337,531
New +$1.05M
ALLT icon
2079
Allot
ALLT
$365M
$949K ﹤0.01%
151,194
BH icon
2080
Biglari Holdings Class B
BH
$1.21B
$934K ﹤0.01%
5,150
-5,098
-50% -$976K
ARCE
2081
DELISTED
Arco Platform Limited Class A Common Shares
ARCE
$912K ﹤0.01%
+40,000
New +$933K
CENX icon
2082
Century Aluminum
CENX
$4.19B
$906K ﹤0.01%
75,668
-129,366
-63% -$1.66M
ALLK
2083
DELISTED
Allakos
ALLK
$900K ﹤0.01%
+20,000
New +$821K
BEL
2084
DELISTED
Belmond Ltd.
BEL
$885K ﹤0.01%
48,514
LDL
2085
DELISTED
Lydall, Inc.
LDL
$838K ﹤0.01%
19,436
LGTY
2086
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
$827K ﹤0.01%
+68,166
New +$1.03M
WIN
2087
DELISTED
Windstream Holdings Inc
WIN
$803K ﹤0.01%
163,972
HIBB
2088
DELISTED
Hibbett, Inc. Common Stock
HIBB
$765K ﹤0.01%
40,679
FTD
2089
DELISTED
FTD Companies, Inc. Common Stock
FTD
$714K ﹤0.01%
271,496
JCP
2090
DELISTED
J.C. Penney Company, Inc.
JCP
$699K ﹤0.01%
420,734
+400,000
+1,929% +$848K
TCRT icon
2091
Alaunos Therapeutics
TCRT
$4.69M
$671K ﹤0.01%
1,399
-2,260
-62% -$969K
MBI icon
2092
MBIA
MBI
$273M
$660K ﹤0.01%
61,729
+13,000
+27% +$133K
MTW icon
2093
Manitowoc
MTW
$497M
$631K ﹤0.01%
26,331
BH.A icon
2094
Biglari Holdings Class A
BH.A
$1.19B
$609K ﹤0.01%
660
-1,036
-61% -$991K
COOP
2095
DELISTED
Mr. Cooper
COOP
$588K ﹤0.01%
+35,260
New +$611K
ETTX
2096
DELISTED
Entasis Therapeutics Holdings Inc.
ETTX
$544K ﹤0.01%
+50,000
New +$526K
FIZZ icon
2097
National Beverage
FIZZ
$3.03B
$531K ﹤0.01%
9,104
HDSN
2098
Hudson Technologies
HDSN
$251M
$505K ﹤0.01%
394,285
SSP icon
2099
E.W. Scripps
SSP
$272M
$480K ﹤0.01%
29,115
SAFE
2100
DELISTED
Safehold Inc.
SAFE
$473K ﹤0.01%
25,245
-87,016
-78% -$1.55M

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.