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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
APTX
2176
DELISTED
Aptinyx Inc. Common Stock
APTX
-35,000
Closed -$846K
CHRA
2177
DELISTED
Charah Solutions, Inc Common Stock
CHRA
-10,000
Closed -$1.09M
EIDX
2178
DELISTED
Eidos Therapeutics, Inc. Common Stock
EIDX
-10,000
Closed -$203K
NTGN
2179
DELISTED
Neon Therapeutics, Inc. Common Stock
NTGN
-75,000
Closed -$945K
FTSV
2180
DELISTED
Forty Seven, Inc. Common Stock
FTSV
-50,000
Closed -$800K
WAAS
2181
DELISTED
AquaVenture Holdings Limited
WAAS
-83,304
Closed -$1.3M
NVLN
2182
DELISTED
Novelion Therapeutics Inc. Common Shares
NVLN
-39,700
Closed -$146K
P
2183
DELISTED
Pandora Media Inc
P
$0 ﹤0.01%
23
EDR
2184
DELISTED
Education Realty Trust Inc
EDR
-763,521
Closed -$31.7M
ILG
2185
DELISTED
ILG, Inc Common Stock
ILG
-1,058,521
Closed -$35M
COTV
2186
DELISTED
Cotiviti Holdings, Inc.
COTV
-534,659
Closed -$23.6M
SHLM
2187
DELISTED
Schulman (A.) Inc
SHLM
-588,295
Closed -$26.2M
PAY
2188
DELISTED
Verifone Systems Inc
PAY
-1,303,787
Closed -$29.8M
CPLA
2189
DELISTED
Capella Education Company
CPLA
-265,148
Closed -$26.2M
FMI
2190
DELISTED
Foundation Medicine, Inc.
FMI
-137,237
Closed -$18.8M
NSM
2191
DELISTED
Nationstar Mortgage Holdings
NSM
-550,510
Closed -$9.65M
QCP
2192
DELISTED
Quality Care Properties, Inc.
QCP
-579,001
Closed -$12.5M
RSPP
2193
DELISTED
RSP Permian, Inc.
RSPP
-768,632
Closed -$33.8M
FNGN
2194
DELISTED
Financial Engines, Inc.
FNGN
-383,076
Closed -$17.2M
VR
2195
DELISTED
Validus Hold Ltd
VR
-953,892
Closed -$64.5M
WGL
2196
DELISTED
Wgl Holdings
WGL
-217,684
Closed -$19.3M
IPCC
2197
DELISTED
Infinity Property & Casualty C
IPCC
-245,920
Closed -$35M
KND
2198
DELISTED
Kindred Healthcare
KND
-1,625,289
Closed -$14.6M
GGP
2199
DELISTED
GGP Inc.
GGP
-29,639,822
Closed -$606M
DCT
2200
DELISTED
DCT Industrial Trust Inc.
DCT
-794,476
Closed -$53M

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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.