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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
+9.04%
1 Year Est. Return
3 Year Est. Return
5 Year Est. Return
10 Year Est. Return
AUM
$461B
AUM Growth
+$24.5B
Cap. Flow
-$9.73B
Cap. Flow %
-2.11%
Top 10 Hldgs %
22.33%
Holding
2,310
New
183
Increased
607
Reduced
1,278
Closed
104

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
MBI icon
2151
MBIA
MBI
$270M
$627K ﹤0.01%
56,965
RIO icon
2152
Rio Tinto
RIO
$165B
$617K ﹤0.01%
7,353
SNCR
2153
DELISTED
Synchronoss Technologies
SNCR
$610K ﹤0.01%
18,886
NOVN
2154
DELISTED
Novan, Inc. Common Stock
NOVN
$604K ﹤0.01%
+60,000
New +$707K
ANDE icon
2155
Andersons Inc
ANDE
$2.38B
$586K ﹤0.01%
19,200
+8,600
+81% +$259K
BMBL icon
2156
Bumble
BMBL
$397M
$581K ﹤0.01%
10,079
-174,212
-95% -$9.19M
STC icon
2157
Stewart Information Services
STC
$2.07B
$578K ﹤0.01%
+10,200
New +$595K
GHG
2158
GreenTree Hospitality
GHG
$114M
$559K ﹤0.01%
50,700
RVI
2159
DELISTED
Retail Value Inc. Common Shares
RVI
$557K ﹤0.01%
279,180
RCUS icon
2160
Arcus Biosciences
RCUS
$3.48B
$549K ﹤0.01%
20,000
SILC icon
2161
Silicom
SILC
$254M
$507K ﹤0.01%
11,500
-40,200
-78% -$1.74M
POSH
2162
DELISTED
Poshmark, Inc. Class A Common Stock
POSH
$477K ﹤0.01%
10,000
RRD
2163
DELISTED
RR Donnelley & Sons Co.
RRD
$474K ﹤0.01%
+75,400
New +$411K
LDL
2164
DELISTED
Lydall, Inc.
LDL
$473K ﹤0.01%
7,814
-11,622
-60% -$447K
BPYU
2165
DELISTED
Brookfield Property REIT Inc. Class A Common Stock
BPYU
$472K ﹤0.01%
24,996
-160,298
-87% -$2.93M
OIS icon
2166
Oil States International
OIS
$502M
$466K ﹤0.01%
+59,400
New +$398K
NXTC icon
2167
NextCure
NXTC
$21.4M
$424K ﹤0.01%
4,400
-13,871
-76% -$1.42M
LUNA
2168
DELISTED
Luna Innovations Incorporated
LUNA
$422K ﹤0.01%
39,000
-68,000
-64% -$740K
CVRX icon
2169
CVRx
CVRX
$148M
$420K ﹤0.01%
+15,000
New +$420K
PRSU
2170
Pursuit Attractions and Hospitality Inc
PRSU
$1.38B
$416K ﹤0.01%
8,354
HOV icon
2171
Hovnanian Enterprises
HOV
$808M
$415K ﹤0.01%
+3,900
New +$453K
CRNT icon
2172
Ceragon Networks
CRNT
$203M
$401K ﹤0.01%
106,455
ICFI icon
2173
ICF International
ICFI
$1.54B
$395K ﹤0.01%
+4,500
New +$412K
RES icon
2174
RPC Inc
RES
$1.28B
$382K ﹤0.01%
77,242
MRC
2175
DELISTED
MRC Global
MRC
$380K ﹤0.01%
40,438
-120,343
-75% -$1.22M

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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.