SEC 13F Intelligence

Managers / Q2 2022 · view latest →

NORGES BANK

CIK 0001374170 · BANKPLASSEN 2, P.O BOX 1179 SENTRUM, OSLO, 0107 · 47-24073000

Reported Value
$461.3B
Q2 2022
Positions
2,207
includes revealed positions
Filings on Record
58
2019–present window
Filed
Aug 11, 2022
original filing

Summary

Norges Bank reported $461.3B in U.S.-listed holdings across 2,207 positions for Q2 2022.

Its largest position, AAPL, represents 4.5% of the portfolio.

Compared with Q1 2022, the fund opened 192 new positions and exited 112.

Portfolio Metrics

Turnover
+3.9%
vs prior filed quarter
Top-10 Concentration
+22.3%
share of reported value
Largest Position
+4.5%
Apple
New / Exited
192 / 112
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $0Q4 ’18Q1 ’19: $276.4BQ2 ’19: $291.3BQ3 ’19: $307.9BQ4 ’19: $0Q4 ’19Q1 ’20: $309.5BQ2 ’20: $323.6BQ3 ’20: $326.5BQ4 ’20: $0Q4 ’20Q1 ’21: $280.6BQ2 ’21: $347.3BQ3 ’21: $376.4BQ4 ’21: $0Q4 ’21Q1 ’22: $436.8BQ2 ’22: $461.3BQ3 ’22: $452.0BQ4 ’22: $414.9BQ4 ’22Q1 ’23: $0Q2 ’23: $386.8BQ3 ’23: $376.1BQ4 ’23: $572.3BQ4 ’23Q1 ’24: $456.9BQ2 ’24: $1.18TQ3 ’24: $492.8BQ4 ’24: $762.1BQ4 ’24Q1 ’25: $633.6BQ2 ’25: $801.1BQ3 ’25: $0Q4 ’25: $934.8BQ4 ’25Q1 ’26: $0filingsflow.com

Portfolio Composition

By security type
Common Stock: 85.8%Other: 6.5%REIT: 6.1%ADR: 1.6%Tracking Stk: 0.1%Other: 0.0%
  • Common Stock · 85.8% · $395.9B
  • Other · 6.5% · $29.8B
  • REIT · 6.1% · $28.1B
  • ADR · 1.6% · $7.3B
  • Tracking Stk · 0.1% · $235M
  • Other · 0.0% · $68M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MRVLMARVELL TECHNOLOGY INCREVEALEDNEW+7.63M7.63M+$445M$445M
DASHDOORDASH INCREVEALEDNEW+1.12M1.12M+$199M$199M
SEAGATE TECHNOLOGY HLDNGS PLREVEALEDNEW+2.03M2.03M+$178M$178M
0J7QIAC INTERACTIVECORP NEWREVEALEDNEW+737.4K737.4K+$114M$114M
DIDIYDIDI GLOBAL INCREVEALEDNEW+8.00M8.00M+$113M$113M
OATLY GROUP ABREVEALEDNEW+3.56M3.56M+$87M$87M
POH3CARNIVAL PLCREVEALEDNEW+3.66M3.66M+$85M$85M
OGNORGANON & COREVEALEDNEW+2.59M2.59M+$78M$78M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2022REVEALED

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INCREVEALEDhistory →COM4.51%$20.8B151.76M
2MSFTMICROSOFT CORPREVEALEDhistory →COM4.49%$20.7B76.43M
3AMZNAMAZON COM INCREVEALEDhistory →COM3.27%$15.1B4.38M
4GOOGLALPHABET INCREVEALEDhistory →CAP STK CL A3.11%$14.3B5.87M
5METAFACEBOOK INCREVEALEDhistory →CL A2.28%$10.5B30.26M
6BRK/ABERKSHIRE HATHAWAY INC DELREVEALEDCL A · CL B NEW1.06%$4.9B7.42M
7TSLATESLA INCREVEALEDhistory →COM1.04%$4.8B7.08M
8JPMJPMORGAN CHASE & COREVEALEDhistory →COM0.96%$4.4B28.40M
9NVDANVIDIA CORPORATIONREVEALEDhistory →COM0.95%$4.4B5.47M
10JNJJOHNSON & JOHNSONREVEALEDhistory →COM0.92%$4.3B25.81M
11UNHUNITEDHEALTH GROUP INCREVEALEDhistory →COM0.82%$3.8B9.40M
12BACBK OF AMERICA CORPREVEALEDhistory →COM0.80%$3.7B89.54M
13HDHOME DEPOT INCREVEALEDhistory →COM0.77%$3.5B11.10M
14PGPROCTER AND GAMBLE COREVEALEDhistory →COM0.72%$3.3B24.76M
15VVISA INCREVEALEDhistory →COM CL A0.69%$3.2B13.63M
16MAMASTERCARD INCORPORATEDREVEALEDhistory →CL A0.67%$3.1B8.53M
17PYPLPAYPAL HLDGS INCREVEALEDhistory →COM0.67%$3.1B10.59M
18CMCSACOMCAST CORP NEWREVEALEDhistory →CL A0.63%$2.9B50.98M
19DISDISNEY WALT COREVEALEDhistory →COM0.62%$2.9B16.25M
20EXMOCEXXON MOBIL CORPREVEALEDhistory →COM0.55%$2.6B40.48M
21ADBEADOBE SYSTEMS INCORPORATEDREVEALEDhistory →COM0.53%$2.5B4.19M
22AREALEXANDRIA REAL ESTATE EQ INREVEALEDhistory →COM0.53%$2.5B13.49M
23NFLXNETFLIX INCREVEALEDhistory →COM0.53%$2.4B4.61M
24CRMSALESFORCE COM INCREVEALEDhistory →COM0.53%$2.4B9.96M
25UBS GROUP AGREVEALEDSHS0.52%$2.4B156.23M
26INTCINTEL CORPREVEALEDhistory →COM0.50%$2.3B41.40M
27EQREQUITY RESIDENTIALREVEALEDhistory →SH BEN INT0.50%$2.3B30.16M
28TMUST-MOBILE US INCREVEALEDhistory →COM0.50%$2.3B16.01M
29PFEPFIZER INCREVEALEDhistory →COM0.50%$2.3B58.89M
30LINDE PLCREVEALEDSHS0.49%$2.3B7.89M
31WMTWALMART INCREVEALEDhistory →COM0.49%$2.3B15.98M
32KOCOCA COLA COREVEALEDhistory →COM0.49%$2.2B41.57M
33CSCOCISCO SYS INCREVEALEDhistory →COM0.48%$2.2B41.77M
34NEENEXTERA ENERGY INCREVEALEDhistory →COM0.48%$2.2B30.18M
35BACVERIZON COMMUNICATIONS INCREVEALEDhistory →COM0.47%$2.2B38.65M
36TMOTHERMO FISHER SCIENTIFIC INCREVEALEDhistory →COM0.46%$2.1B4.21M
37TAT&T INCREVEALEDhistory →COM0.45%$2.1B72.26M
38CHVCHEVRON CORP NEWREVEALEDhistory →COM0.45%$2.1B19.70M
39ABBVABBVIE INCREVEALEDhistory →COM0.45%$2.1B18.31M
40NKENIKE INCREVEALEDhistory →CL B0.45%$2.1B13.32M
41MRKMERCK & CO INCREVEALEDhistory →COM0.43%$2.0B25.79M
42LLYLILLY ELI & COREVEALEDhistory →COM0.42%$2.0B8.52M
43ABTABBOTT LABSREVEALEDhistory →COM0.42%$1.9B16.65M
44PEPPEPSICO INCREVEALEDhistory →COM0.41%$1.9B12.71M
45MCDMCDONALDS CORPREVEALEDhistory →COM0.40%$1.8B7.90M
46AVGOBROADCOM INCREVEALEDhistory →COM0.39%$1.8B3.78M
47DHRDANAHER CORPORATIONREVEALEDhistory →COM0.38%$1.8B6.53M
48COSTCOSTCO WHSL CORP NEWREVEALEDhistory →COM0.38%$1.7B4.40M
49TXNTEXAS INSTRS INCREVEALEDhistory →COM0.37%$1.7B8.87M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$01May 11, 202613F-HRchanges · EDGAR ↗
Q4 2025$934.8B1,577Feb 10, 202613F-HRchanges · EDGAR ↗
Q3 2025$01Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$801.1B1,707Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025REVEALED$633.6B1,886May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$762.1B1,845Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024REVEALED$492.8B1,967Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024REVEALED$1.18T3,937Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024REVEALED$456.9B2,088May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$572.3B1,942Feb 9, 202413F-HRchanges · EDGAR ↗
Q3 2023REVEALED$376.1B2,090Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023REVEALED$386.8B2,053Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$01May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$414.9B2,130Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022REVEALED$452.0B2,271Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022REVEALED$461.3B2,207Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022REVEALED$436.8B2,128May 9, 202213F-HRchanges · EDGAR ↗
Q4 2021$01Feb 10, 202213F-HRchanges · EDGAR ↗
Q3 2021REVEALED$376.4B2,129Nov 5, 202113F-HRchanges · EDGAR ↗
Q2 2021REVEALED$347.3B2,077Aug 10, 202113F-HRchanges · EDGAR ↗
Q1 2021REVEALED$280.6B2,047May 7, 202113F-HRchanges · EDGAR ↗
Q4 2020$01Feb 10, 202113F-HRchanges · EDGAR ↗
Q3 2020REVEALED$326.5B2,093Nov 10, 202013F-HRchanges · EDGAR ↗
Q2 2020REVEALED$323.6B2,106Aug 7, 202013F-HRchanges · EDGAR ↗
Q1 2020REVEALED$309.5B2,127May 8, 202013F-HRchanges · EDGAR ↗
Q4 2019$01Feb 12, 202013F-HRchanges · EDGAR ↗
Q3 2019REVEALED$307.9B2,143Nov 8, 201913F-HRchanges · EDGAR ↗
Q2 2019REVEALED$291.3B2,135Aug 9, 201913F-HRchanges · EDGAR ↗
Q1 2019REVEALED$276.4B2,145May 9, 2019RESTATEMENTchanges · EDGAR ↗
Q4 2018$01Feb 8, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.