Norges Bank Portfolio holdings
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.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Blackrock
BLK
|
+$3.48B |
| 2 |
Apple
AAPL
|
+$3.25B |
| 3 |
ExxonMobil
XOM
|
+$3.2B |
| 4 |
Microsoft
MSFT
|
+$2.26B |
| 5 |
Chevron
CVX
|
+$2.15B |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.83% |
| 2 | Technology | 13.05% |
| 3 | Healthcare | 11% |
| 4 | Energy | 9.99% |
| 5 | Industrials | 9.86% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
WCN
201
Waste Connections
WCN
$43.6B
| $162M | 0.1% |
+5,890,472
| New | +$151M |
|
|
DELL
202
DELISTED
DELL INC
DELL
| $161M | 0.1% |
+12,093,536
| New | +$164M |
|
|
CAM
203
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $161M | 0.1% |
+2,638,738
| New | +$164M |
|
204
Intuitive Surgical
ISRG
$127B
| $161M | 0.1% |
+2,853,621
| New | +$157M |
|
205
Equity Residential
EQR
$25.7B
| $161M | 0.1% |
+2,765,493
| New | +$159M |
|
206
Sysco
SYY
$40.9B
| $160M | 0.1% |
+4,690,124
| New | +$161M |
|
207
LKQ Corp
LKQ
$6.7B
| $159M | 0.1% |
+6,189,176
| New | +$148M |
|
|
BEAM
208
DELISTED
BEAM INC COM STK (DE)
BEAM
| $159M | 0.1% |
+2,516,800
| New | +$163M |
|
209
Public Storage
PSA
$61.7B
| $158M | 0.1% |
+1,033,024
| New | +$163M |
|
210
Devon Energy
DVN
$51B
| $158M | 0.1% |
+3,044,342
| New | +$170M |
|
211
Clean Harbors
CLH
$17.3B
| $155M | 0.1% |
+3,071,134
| New | +$171M |
|
212
Corning
GLW
$109B
| $154M | 0.1% |
+10,797,560
| New | +$157M |
|
213
Waste Management
WM
$95.3B
| $153M | 0.09% |
+3,782,288
| New | +$153M |
|
214
Stryker
SYK
$134B
| $152M | 0.09% |
+2,351,710
| New | +$156M |
|
215
Applied Materials
AMAT
$362B
| $151M | 0.09% |
+10,124,612
| New | +$147M |
|
216
Cognizant
CTSH
$26.6B
| $150M | 0.09% |
+4,805,766
| New | +$160M |
|
|
BHI
217
DELISTED
Baker Hughes
BHI
| $150M | 0.09% |
+3,257,131
| New | +$149M |
|
218
Norfolk Southern
NSC
$75.5B
| $149M | 0.09% |
+2,057,529
| New | +$157M |
|
219
Exelon
EXC
$47.9B
| $149M | 0.09% |
+6,765,850
| New | +$164M |
|
220
Valero Energy
VLO
$90B
| $148M | 0.09% |
+4,256,643
| New | +$162M |
|
221
Salesforce
CRM
$155B
| $146M | 0.09% |
+3,830,261
| New | +$158M |
|
222
Fomento Económico Mexicano
FMX
$41.6B
| $146M | 0.09% |
+1,411,676
| New | +$157M |
|
223
Regeneron Pharmaceuticals
REGN
$73.1B
| $145M | 0.09% |
+646,436
| New | +$151M |
|
224
Truist Financial
TFC
$64.1B
| $145M | 0.09% |
+4,275,315
| New | +$136M |
|
225
Hartford Financial Services
HIG
$39.8B
| $145M | 0.09% |
+4,676,529
| New | +$135M |
|
Similar funds
Norges Bank's Q2 2013 Portfolio in Review
Q2 2013 is the first quarter with a 13F filing on record for Norges Bank, which disclosed 2,107 positions worth $161B. Its ten largest holdings account for 15% of the portfolio.
Its largest position is Blackrock: 12,991,729 shares worth $3.34B.
By sector, the portfolio is most concentrated in Financials at 19% of assets, followed by Technology and Healthcare.
- Norges Bank's largest Q2 2013 buy was Blackrock: 12,991,729 shares worth $3.34B.
- Norges Bank's ten largest holdings make up 15% of its $161B portfolio in Q2 2013.
- Norges Bank disclosed 2,107 positions in Q2 2013, its first 13F filing on record.
Based on Norges Bank's 13F filing for Q2 2013, filed 7 Aug 2013.