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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
KEN icon
2176
Kenon Holdings
KEN
$3.35B
$372K ﹤0.01%
10,774
-36,651
-77% -$1.25M
AIFU
2177
AIFU Inc
AIFU
$216M
$367K ﹤0.01%
61
NPK icon
2178
National Presto Industries
NPK
$1B
$362K ﹤0.01%
3,562
-11,906
-77% -$1.23M
CMO
2179
DELISTED
Capstead Mortgage Corp.
CMO
$358K ﹤0.01%
58,273
-686,071
-92% -$4.42M
PAY icon
2180
Paymentus
PAY
$5.03B
$355K ﹤0.01%
+10,000
New +$313K
SMP icon
2181
Standard Motor Products
SMP
$881M
$351K ﹤0.01%
+8,100
New +$362K
EBSB
2182
DELISTED
Meridian Bancorp, Inc.
EBSB
$351K ﹤0.01%
+17,155
New +$356K
WTTR icon
2183
Select Water Solutions
WTTR
$2.77B
$349K ﹤0.01%
+57,700
New +$333K
DIBS icon
2184
1stdibs.com
DIBS
$174M
$348K ﹤0.01%
+10,000
New +$257K
YORW icon
2185
York Water
YORW
$500M
$336K ﹤0.01%
7,426
DHT icon
2186
DHT Holdings
DHT
$2.88B
$296K ﹤0.01%
+45,600
New +$280K
VLDR
2187
DELISTED
Velodyne Lidar, Inc. Common Stock
VLDR
$296K ﹤0.01%
27,800
IPSC icon
2188
Century Therapeutics
IPSC
$353M
$293K ﹤0.01%
+10,000
New +$254K
TIL icon
2189
Instil Bio
TIL
$49.2M
$290K ﹤0.01%
750
XPEL icon
2190
XPEL
XPEL
$1.39B
$285K ﹤0.01%
+3,400
New +$251K
AMSF icon
2191
AMERISAFE
AMSF
$558M
$269K ﹤0.01%
4,500
ICHR icon
2192
Ichor Holdings
ICHR
$2.29B
$253K ﹤0.01%
+4,700
New +$259K
AXGN icon
2193
Axogen
AXGN
$2.43B
$251K ﹤0.01%
11,635
AMSC icon
2194
American Superconductor
AMSC
$1.6B
$250K ﹤0.01%
+14,400
New +$230K
PUMP icon
2195
ProPetro Holding
PUMP
$1.35B
$247K ﹤0.01%
26,958
STSA
2196
DELISTED
Satsuma Pharmaceuticals, Inc. Common Stock
STSA
$236K ﹤0.01%
33,500
-140,722
-81% -$759K
ULH icon
2197
Universal Logistics Holdings
ULH
$485M
$233K ﹤0.01%
+10,000
New +$249K
RDS.A
2198
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
$223K ﹤0.01%
5,513
KMDA icon
2199
Kamada
KMDA
$414M
$197K ﹤0.01%
33,595
-59,434
-64% -$356K
TCDA
2200
DELISTED
Tricida, Inc. Common Stock
TCDA
$197K ﹤0.01%
45,667
-350,100
-88% -$1.67M

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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.