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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
+6.38%
1 Year Est. Return
3 Year Est. Return
5 Year Est. Return
10 Year Est. Return
AUM
$201B
AUM Growth
+$10.3B
Cap. Flow
+$718M
Cap. Flow %
0.36%
Top 10 Hldgs %
14.3%
Holding
2,329
New
47
Increased
880
Reduced
556
Closed
99

Top Buys

Rank Stock Value
1
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$1.65B
2
SYF icon
Synchrony
SYF
+$318M
3
HPE icon
Hewlett Packard
HPE
+$245M
4
AMZN icon
Amazon
AMZN
+$195M
5
PFE icon
Pfizer
PFE
+$128M

Top Sells

Rank Stock Value
1
GOOG icon
Alphabet (Google) Class C
GOOG
+$1.54B
2
MA icon
Mastercard
MA
+$393M
3
CB icon
Chubb
CB
+$261M
4
ORCL icon
Oracle
ORCL
+$257M
5
HPQ icon
HP
HPQ
+$250M

Sector Composition

Rank Sector Weight
1 Financials 19.23%
2 Healthcare 14.67%
3 Technology 13.68%
4 Consumer Discretionary 9.87%
5 Communication Services 9.12%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake
Capital Flow
LXFR icon
2226
Luxfer Holdings
LXFR
$456M
$4K ﹤0.01%
402
AEE icon
2227
Ameren
AEE
$30.7B
-1,290,665
Closed -$54.6M
AEP icon
2228
American Electric Power
AEP
$71B
-2,810,502
Closed -$160M
AES icon
2229
AES
AES
$10.6B
-3,761,490
Closed -$36.8M
ALRM icon
2230
Alarm.com
ALRM
$2.77B
-35,000
Closed -$408K
OSG
2231
Octave Specialty Group
OSG
$258M
-66,796
Closed -$967K
AMRN
2232
Amarin Corp
AMRN
$297M
-3
Closed
APPF icon
2233
AppFolio
APPF
$6.72B
-15,000
Closed -$253K
BAP icon
2234
Credicorp
BAP
$30.6B
-24,500
Closed -$2.61M
BBT
2235
Beacon Financial Corp
BBT
$2.5B
-103
Closed -$3K
BHR
2236
Braemar Hotels & Resorts
BHR
$165M
-172,770
Closed -$2.4M
CPIX icon
2237
Cumberland Pharmaceuticals
CPIX
$99.9M
-18,734
Closed -$108K
CRK icon
2238
Comstock Resources
CRK
$3.68B
-7,540
Closed -$72K
CVEO icon
2239
Civeo
CVEO
$358M
-24,945
Closed -$443K
CYD icon
2240
China Yuchai International
CYD
$1.69B
-239,329
Closed -$2.96M
DTE icon
2241
DTE Energy
DTE
$29.8B
-1,153,463
Closed -$78.9M
EGY icon
2242
Vaalco Energy
EGY
$556M
-85,793
Closed -$146K
ETSY icon
2243
Etsy
ETSY
$8.22B
-10,000
Closed -$137K
FE icon
2244
FirstEnergy
FE
$28.7B
-2,173,923
Closed -$68.1M
FENG
2245
Phoenix New Media
FENG
$17.5M
-3
Closed
GKOS icon
2246
Glaukos
GKOS
$9.35B
-20,000
Closed -$484K
GRBK icon
2247
Green Brick Partners
GRBK
$3.13B
-15,796
Closed -$171K
HBM icon
2248
Hudbay
HBM
$9.89B
-1,195,137
Closed -$4.39M
IBRX icon
2249
ImmunityBio
IBRX
$7.18B
-9,100
Closed -$104K
INVA icon
2250
Innoviva
INVA
$1.58B
-801,242
Closed -$5.75M

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Norges Bank's Q4 2015 Portfolio in Review

As of Q4 2015, Norges Bank held 2,329 positions worth $201B, up 5.4% from $191B the previous quarter. Its ten largest holdings account for 14% of the portfolio.

Norges Bank's Q4 2015 filing shows 47 new, 880 increased, 556 reduced and 99 closed positions. Its largest new stake was Alphabet (Google) Class A: 44,521,280 shares worth $1.73B. The largest sale was Alphabet (Google) Class C, an estimated $1.54B.

By sector, the portfolio is most concentrated in Financials at 19% of assets, up from 19% a quarter earlier, followed by Healthcare and Technology.

  • Norges Bank's largest Q4 2015 buy was Alphabet (Google) Class A: 44,521,280 shares worth $1.73B.
  • Norges Bank added most to Synchrony in Q4 2015, an estimated $318M increase.
  • Norges Bank's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $1.54B.
  • Norges Bank fully exited HUDSON CITY BANCORP INC in Q4 2015, selling an estimated $189M.
  • Norges Bank's ten largest holdings make up 14% of its $201B portfolio in Q4 2015.
  • Norges Bank opened 47 new positions and closed 99 in Q4 2015.
  • Norges Bank's portfolio value rose 5.4% quarter-over-quarter to $201B.

Based on Norges Bank's 13F filing for Q4 2015, filed 10 Feb 2016.