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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
LQDT icon
2251
Liquidity Services
LQDT
$1.2B
-44,326
Closed -$328K
LSCC icon
2252
Lattice Semiconductor
LSCC
$16.3B
-743,139
Closed -$2.86M
MFIC icon
2253
MidCap Financial Investment
MFIC
$808M
-566
Closed -$9K
MXL icon
2254
MaxLinear
MXL
$5.23B
-43,751
Closed -$544K
MYRG icon
2255
MYR Group
MYRG
$5.02B
-12,767
Closed -$334K
NTRA icon
2256
Natera
NTRA
$36B
-24,100
Closed -$261K
NVS icon
2257
Novartis
NVS
$301B
-130,494
Closed -$10.7M
PLNT icon
2258
Planet Fitness
PLNT
$4.48B
-14,900
Closed -$255K
SPOK icon
2259
Spok Holdings
SPOK
$230M
-35,800
Closed -$589K
SRL icon
2260
Scully Royalty
SRL
$79.6M
-126,599
Closed -$1.81M
SVM
2261
Silvercorp Metals
SVM
$2.03B
-1,223,870
Closed -$776K
TAC icon
2262
TransAlta
TAC
$3.94B
-3,157,381
Closed -$14.6M
WNC icon
2263
Wabash National
WNC
$521M
-45,705
Closed -$484K
WTI icon
2264
W&T Offshore
WTI
$515M
-134,076
Closed -$402K
XEL icon
2265
Xcel Energy
XEL
$49.4B
-2,444,822
Closed -$86.6M
UCB
2266
United Community Banks
UCB
$4.24B
-19,000
Closed -$388K
PHLT
2267
DELISTED
Performant Healthcare Inc
PHLT
-44,956
Closed -$109K
CMLS
2268
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
$0 ﹤0.01%
9
-84,157
-100% -$300K
ZYNE
2269
DELISTED
Zynerba Pharmaceuticals, Inc
ZYNE
-5,000
Closed -$72K
RUTH
2270
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
-33,200
Closed -$539K
ALR
2271
DELISTED
AlerisLife Inc
ALR
-254
Closed -$8K
HZN
2272
DELISTED
Horizon Global Corporation
HZN
-109,482
Closed -$966K
STOR
2273
DELISTED
STORE Capital Corporation
STOR
-23,300
Closed -$481K
CFMS
2274
DELISTED
Conformis, Inc. Common Stock
CFMS
-800
Closed -$361K
GLOG
2275
DELISTED
GASLOG LTD
GLOG
$0 ﹤0.01%
2

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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.