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 | |
|---|---|---|---|---|---|---|
|
WDH
2076
Waterdrop
WDH
$359M
| $1.3M | ﹤0.01% |
+200,000
| New | +$1.52M |
|
2077
ACV Auctions
ACVA
$1.34B
| $1.28M | ﹤0.01% |
+50,000
| New | +$1.46M |
|
|
FFIC
2078
DELISTED
Flushing Financial
FFIC
| $1.27M | ﹤0.01% |
59,488
-75,898
| -56% | -$1.71M |
|
2079
Pulmonx
LUNG
$83.6M
| $1.27M | ﹤0.01% |
+28,800
| New | +$1.25M |
|
2080
Ducommun
DCO
$2.89B
| $1.27M | ﹤0.01% |
+23,200
| New | +$1.32M |
|
|
SMED
2081
DELISTED
Sharps Compliance Corp
SMED
| $1.26M | ﹤0.01% |
+122,800
| New | +$1.71M |
|
2082
CryoPort
CYRX
$769M
| $1.26M | ﹤0.01% |
20,000
| – | – |
|
2083
Mission Produce
AVO
$1.07B
| $1.26M | ﹤0.01% |
+60,700
| New | +$1.24M |
|
|
RFP
2084
DELISTED
Resolute Forest Products Inc.
RFP
| $1.26M | ﹤0.01% |
+103,000
| New | +$1.44M |
|
|
VRTV
2085
DELISTED
VERITIV CORPORATION
VRTV
| $1.26M | ﹤0.01% |
20,451
-6,633
| -24% | -$346K |
|
|
AKYA
2086
DELISTED
Akoya BioSciences
AKYA
| $1.25M | ﹤0.01% |
+64,872
| New | +$1.34M |
|
|
GMS
2087
DELISTED
GMS Inc
GMS
| $1.25M | ﹤0.01% |
+26,000
| New | +$1.15M |
|
2088
Establishment Labs
ESTA
$2.69B
| $1.25M | ﹤0.01% |
+14,300
| New | +$1.06M |
|
|
XONE
2089
DELISTED
The ExOne Company
XONE
| $1.23M | ﹤0.01% |
+57,000
| New | +$1.3M |
|
|
ODT
2090
DELISTED
Odonate Therapeutics, Inc. Common Stock
ODT
| $1.19M | ﹤0.01% |
+340,600
| New | +$1.17M |
|
2091
National CineMedia
NCMI
$384M
| $1.19M | ﹤0.01% |
23,406
| – | – |
|
2092
Universal Insurance Holdings
UVE
$1.23B
| $1.16M | ﹤0.01% |
83,500
+29,900
| +56% | +$420K |
|
2093
TaskUs
TASK
$579M
| $1.16M | ﹤0.01% |
+33,746
| New | +$1.07M |
|
2094
Golub Capital BDC
GBDC
$3.34B
| $1.14M | ﹤0.01% |
+74,200
| New | +$1.15M |
|
2095
InfuSystem Holdings
INFU
$245M
| $1.14M | ﹤0.01% |
+54,900
| New | +$1.11M |
|
|
JOAN
2096
DELISTED
JOANN, Inc. Common Stock
JOAN
| $1.14M | ﹤0.01% |
+72,400
| New | +$991K |
|
|
UBA
2097
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $1.13M | ﹤0.01% |
58,051
| – | – |
|
2098
monday.com
MNDY
$3.87B
| $1.12M | ﹤0.01% |
+5,000
| New | +$1.09M |
|
2099
Alkami Technology
ALKT
$2.01B
| $1.11M | ﹤0.01% |
+31,250
| New | +$1.15M |
|
2100
DXP Enterprises
DXPE
$2.61B
| $1.1M | ﹤0.01% |
+33,100
| New | +$1.02M |
|
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.