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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
CSG
2301
DELISTED
CHAMBERS STR PPTYS COM
CSG
-1,990,427
Closed -$12.9M
PGN
2302
DELISTED
PARAGON OFFSHORE PLC (GBR)
PGN
-2,277,160
Closed -$547K
UIL
2303
DELISTED
UIL HOLDINGS
UIL
-581,819
Closed -$29.2M
AWAY
2304
DELISTED
HOMEAWAY INC COM
AWAY
-580,767
Closed -$15.4M
BEE
2305
DELISTED
STRATEGIC HOTELS & RESORTS, INC
BEE
-2,181,951
Closed -$30.1M
CYT
2306
DELISTED
CYTEC INDS INC
CYT
-580,098
Closed -$42.8M
STNR
2307
DELISTED
STEINER LEISURE LTD
STNR
-81,474
Closed -$5.15M
PGI
2308
DELISTED
PREMIERE GLOBAL SERVICES, INC.
PGI
-569,985
Closed -$7.83M
FSL
2309
DELISTED
FREESCALE SEMICONDUCTOR LTD
FSL
-1,065,271
Closed -$39M
IPCM
2310
DELISTED
IPC HEALTHCARE INC COM DTD
IPCM
-161,485
Closed -$12.5M
SIAL
2311
DELISTED
SIGMA - ALDRICH CORP
SIAL
-939,556
Closed -$131M
CYN
2312
DELISTED
CITY NATIONAL CORPORATION
CYN
-421,786
Closed -$37.1M
CNW
2313
DELISTED
CON-WAY INC.
CNW
-531,418
Closed -$25.2M
HCBK
2314
DELISTED
HUDSON CITY BANCORP INC
HCBK
-18,539,665
Closed -$189M
OMG
2315
DELISTED
OM GROUP INC.
OMG
-455,676
Closed -$15M
HCC
2316
DELISTED
HCC INSURANCES HOLDINGS INC
HCC
-793,778
Closed -$61.5M
CYBX
2317
DELISTED
CYBERONICS INC
CYBX
-359,594
Closed -$21.9M
THOR
2318
DELISTED
THORATEC CORPORATION
THOR
-474,760
Closed -$30M
HME
2319
DELISTED
HOME PROPERTIES, INC
HME
-471,158
Closed -$35.2M
TRAK
2320
DELISTED
DEALERTRACK TECHNOLOGIES, INC. COM STK
TRAK
-350,382
Closed -$22.1M
KYTH
2321
DELISTED
KYTHERA BIOPHARMACEUTICALS, INC COM
KYTH
-26,124
Closed -$1.96M
RYL
2322
DELISTED
RYLAND GROUP INC
RYL
-315,056
Closed -$12.9M
CMCSK
2323
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
-581,625
Closed -$33.3M
AMFW
2324
DELISTED
AMEC Foster Wheeler plc
AMFW
-484,239
Closed -$5.27M
FENX
2325
DELISTED
Fenix Parts, Inc.
FENX
-4,122
Closed -$28K

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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.