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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
PROS
2201
DELISTED
ProSight Global, Inc.
PROS
$161K ﹤0.01%
12,600
-67,356
-84% -$858K
DBTX
2202
DELISTED
Decibel Therapeutics, Inc. Common Stock
DBTX
$129K ﹤0.01%
15,000
TLIS
2203
DELISTED
Talis Biomedical Corporation Common Stock
TLIS
$110K ﹤0.01%
667
OESX icon
2204
Orion Energy Systems
OESX
$61M
$96K ﹤0.01%
1,670
-9,300
-85% -$565K
ALR
2205
DELISTED
AlerisLife Inc
ALR
$79K ﹤0.01%
13,647
XPRO icon
2206
Expro Ltd
XPRO
$1.83B
$71K ﹤0.01%
3,902
ADAG
2207
Adagene
ADAG
$257M
-12,000
Closed -$215K
AGRO icon
2208
Adecoagro
AGRO
$1.36B
-200,718
Closed -$1.58M
AIRG icon
2209
Airgain
AIRG
$73.4M
-60,200
Closed -$1.28M
API
2210
Agora
API
$348M
-120,000
Closed -$6.03M
ARLO icon
2211
Arlo Technologies
ARLO
$1.73B
-124,478
Closed -$782K
ASML icon
2212
ASML
ASML
$650B
-36,000
Closed -$22.2M
ATEC icon
2213
Alphatec Holdings
ATEC
$1.46B
-342,000
Closed -$5.4M
BBVA icon
2214
Banco Bilbao Vizcaya Argentaria
BBVA
$155B
-313,133
Closed -$1.64M
BNR
2215
Burning Rock Biotech
BNR
$93.9M
-2,000
Closed -$538K
BBBY
2216
Bed Bath & Beyond
BBBY
$445M
-47,637
Closed -$2.87M
CARS icon
2217
Cars.com
CARS
$667M
-274,914
Closed -$3.56M
CCRD
2218
DELISTED
CoreCard
CCRD
-23,900
Closed -$978K
CLAR icon
2219
Clarus
CLAR
$129M
-59,900
Closed -$1.02M
CPA icon
2220
Copa Holdings
CPA
$6.13B
-12,433
Closed -$1M
CSIQ icon
2221
Canadian Solar
CSIQ
$1.04B
-574,010
Closed -$28.5M
DAO
2222
Youdao
DAO
$2.08B
-96,600
Closed -$2.3M
DOCN icon
2223
DigitalOcean
DOCN
$14.6B
-102,642
Closed -$4.32M
DQ
2224
Daqo New Energy
DQ
$885M
-613,152
Closed -$46.3M
DSP icon
2225
Viant Technology
DSP
$247M
-20,000
Closed -$1.06M

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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.