We are live on ! Find out more
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
+5.11%
1 Year Est. Return
–
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$371B
AUM Growth
+$193B
Cap. Flow
+$180B
Cap. Flow %
48.51%
Top 10 Hldgs %
14.25%
Holding
2,273
New
161
Increased
2,055
Reduced
32
Closed
23

Top Buys

Rank Stock Value
1
AAPL icon
Apple
AAPL
+$3.65B
2
BLK icon
Blackrock
BLK
+$3.58B
3
XOM icon
ExxonMobil
XOM
+$3.23B
4
MSFT icon
Microsoft
MSFT
+$2.54B
5
JNJ icon
Johnson & Johnson
JNJ
+$2.09B

Top Sells

Rank Stock Value
1
WFT
Weatherford International plc
WFT
+$118M
2
BAP icon
Credicorp
BAP
+$98.3M
3
BEAM
BEAM INC COM STK (DE)
BEAM
+$82.2M
4
AON icon
Aon
AON
+$63.8M
5
LSI
LSI CORPORATION
LSI
+$47.7M

Sector Composition

Rank Sector Weight
1 Financials 17.06%
2 Technology 13.25%
3 Healthcare 12.14%
4 Energy 10.19%
5 Industrials 9.98%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
FCRE
2176
DELISTED
FC Global Realty Incorporated Common Stock
FCRE
$958K ﹤0.01%
15,650
+7,825
+100% +$529K
GBDC icon
2177
Golub Capital BDC
GBDC
$3.34B
$956K ﹤0.01%
+55,228
New +$920K
MOBL
2178
DELISTED
MobileIron, Inc.
MOBL
$952K ﹤0.01%
+100,000
New +$1.01M
DWSN
2179
DELISTED
DAWSON GEOPHYSICAL CO
DWSN
$900K ﹤0.01%
31,416
+15,708
+100% +$439K
ADNC
2180
DELISTED
AUDIENCE INC COM STK (DE)
ADNC
$882K ﹤0.01%
73,800
+36,900
+100% +$444K
MKTO
2181
DELISTED
MARKETO INC COM STK (DE)
MKTO
$872K ﹤0.01%
+30,000
New +$815K
CYNO
2182
DELISTED
Cynosure, Inc. Class A
CYNO
$856K ﹤0.01%
40,242
+20,121
+100% +$465K
TYPE
2183
DELISTED
Monotype Imaging Holdings Inc.
TYPE
$846K ﹤0.01%
+30,000
New +$815K
AKBA icon
2184
Akebia Therapeutics
AKBA
$354M
$834K ﹤0.01%
+30,000
New +$722K
NAK
2185
Northern Dynasty Minerals
NAK
$784M
$830K ﹤0.01%
994,508
+497,254
+100% +$391K
OXSQ icon
2186
Oxford Square Capital
OXSQ
$163M
$822K ﹤0.01%
+83,000
New +$798K
KT icon
2187
KT
KT
$8.62B
$812K ﹤0.01%
53,590
+26,795
+100% +$407K
CLMS
2188
DELISTED
Calamos Asset Management, Inc.
CLMS
$808K ﹤0.01%
+60,400
New +$770K
PROV icon
2189
Provident Financial
PROV
$111M
$782K ﹤0.01%
53,800
+26,900
+100% +$387K
LDL
2190
DELISTED
Lydall, Inc.
LDL
$706K ﹤0.01%
25,800
+12,900
+100% +$331K
KANG
2191
DELISTED
iKang Healthcare Group, Inc.
KANG
$694K ﹤0.01%
+40,000
New +$601K
COCO
2192
DELISTED
CORINTHIAN COLLEGES INC
COCO
$680K ﹤0.01%
2,300,000
+2,200,000
+2,200% +$2.12M
ATEN icon
2193
A10 Networks
ATEN
$2.13B
$666K ﹤0.01%
+50,000
New +$629K
BLOX
2194
DELISTED
Infoblox Inc
BLOX
$658K ﹤0.01%
+50,000
New +$856K
MBT
2195
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
$656K ﹤0.01%
33,276
+16,638
+100% +$297K
CMCM
2196
Cheetah Mobile
CMCM
$86.6M
$654K ﹤0.01%
+6,159
New +$552K
VALE icon
2197
Vale
VALE
$64.1B
$650K ﹤0.01%
49,068
+24,534
+100% +$331K
ADUS icon
2198
Addus HomeCare
ADUS
$2.16B
$630K ﹤0.01%
28,000
+14,000
+100% +$314K
UCB
2199
United Community Banks
UCB
$4.24B
$622K ﹤0.01%
+38,000
New +$637K
MTEX icon
2200
Mannatech
MTEX
$9.24M
$604K ﹤0.01%
+49,798
New +$749K
86 87
88
89 90

Similar funds

CIBC Private Wealth Group
CIBC Private Wealth Group Atlanta, Georgia $59.2B AUM 20.62% 1-Year Est. Return
Two Sigma Advisers
Two Sigma Advisers New York $51.4B AUM 31.07% 1-Year Est. Return
Comerica Bank
Comerica Bank Dallas, Texas $25.1B AUM 24.68% 1-Year Est. Return
CWM
CIBC World Markets New York $20.8B AUM
VRS
Virginia Retirement Systems Richmond, Virginia $16.8B AUM 25.91% 1-Year Est. Return
FAF
Första AP-fonden Stockholm, Sweden $16.8B AUM 29.64% 1-Year Est. Return
BGIM
Brandywine Global Investment Management Philadelphia, Pennsylvania $14.9B AUM 20.41% 1-Year Est. Return
CIM
CCLA Investment Management London, United Kingdom $6.23B AUM 5.02% 1-Year Est. Return

Norges Bank's Q2 2014 Portfolio in Review

As of Q2 2014, Norges Bank held 2,273 positions worth $371B, up 109% from $177B the previous quarter. Its ten largest holdings account for 14% of the portfolio.

Norges Bank deployed $180B of net new capital in Q2 2014, opening 161 new positions and adding to 2,055 existing holdings. Its largest new stake was IMS HEALTH HLDGS INC COM STK (DE): 6,500,000 shares worth $167M.

By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 18% a quarter earlier, followed by Technology and Healthcare.

On the sell side, the largest reduction was Weatherford International plc, an estimated $118M trimmed.

  • Norges Bank's largest Q2 2014 buy was IMS HEALTH HLDGS INC COM STK (DE): 6,500,000 shares worth $167M.
  • Norges Bank added most to Apple in Q2 2014, an estimated $3.65B increase.
  • Norges Bank's biggest Q2 2014 reduction was Weatherford International plc, cutting an estimated $118M.
  • Norges Bank fully exited Credicorp in Q2 2014, selling an estimated $98.3M.
  • Norges Bank's ten largest holdings make up 14% of its $371B portfolio in Q2 2014.
  • Norges Bank opened 161 new positions and closed 23 in Q2 2014.
  • Norges Bank's portfolio value rose 109% quarter-over-quarter to $371B.

Based on Norges Bank's 13F filing for Q2 2014, filed 8 Aug 2014.