SEC 13F Intelligence

Managers / Q2 2024 · view latest →

NORGES BANK

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

Reported Value
$1.18T
Q2 2024
Positions
3,937
includes revealed positions
Filings on Record
58
2019–present window
Filed
Aug 14, 2024
original filing

Summary

Norges Bank reported $1.18T in U.S.-listed holdings across 3,937 positions for Q2 2024.

Its largest position, MSFT, represents 3.7% of the portfolio.

Compared with Q1 2024, the fund opened 243 new positions and exited 113.

Portfolio Metrics

Turnover
+0.5%
vs prior filed quarter
Top-10 Concentration
+22.8%
share of reported value
Largest Position
+3.7%
Microsoft
New / Exited
243 / 113
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: 88.7%REIT: 5.6%Other: 4.9%ADR: 0.6%Tracking Stk: 0.0%Other: 0.0%
  • Common Stock · 88.7% · $1.04T
  • REIT · 5.6% · $66.3B
  • Other · 4.9% · $57.9B
  • ADR · 0.6% · $7.6B
  • Tracking Stk · 0.0% · $571M
  • Other · 0.0% · $113M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CPCANADIAN PACIFIC KANSAS CITYREVEALEDNEW+28.05M28.05M+$2.2B$2.2B
CRH PLCNEW+16.13M16.13M+$1.2B$1.2B
FLUTTER ENTMT PLCNEW+3.83M3.83M+$700M$700M
GEVGE VERNOVA INCNEW+2.74M2.74M+$469M$469M
FERROVIAL SENEW+11.90M11.90M+$462M$462M
TRI4EURTHOMSON REUTERS CORP.REVEALEDNEW+2.40M2.40M+$354M$354M
RBARB GLOBAL INCREVEALEDNEW+4.58M4.58M+$312M$312M
SMCIUSDSUPER MICRO COMPUTER INCREVEALEDNEW+411.9K411.9K+$282M$282M

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

Holdings — Q2 2024REVEALED

29 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPREVEALEDhistory →COM6.37%$74.9B189.70M
2AAPLAPPLE INCREVEALEDhistory →COM6.09%$71.6B353.82M
3NVDANVIDIA CORPORATIONREVEALEDhistory →COM4.12%$48.4B320.95M
4GOOGLALPHABET INCREVEALEDCAP STK CL A · CAP STK CL C3.49%$41.1B272.37M
5AMZNAMAZON COM INCREVEALEDhistory →COM3.18%$37.4B229.37M
6METAMETA PLATFORMS INCREVEALEDhistory →CL A2.11%$24.8B63.39M
7TSLATESLA INCREVEALEDhistory →COM1.17%$13.7B59.99M
8AVGOBROADCOM INCREVEALEDhistory →COM1.12%$13.1B10.23M
9EXMOCEXXON MOBIL CORPREVEALEDhistory →COM1.09%$12.8B114.96M
10JPMJPMORGAN CHASE & CO.REVEALEDhistory →COM1.07%$12.6B72.38M
11BRK/ABERKSHIRE HATHAWAY INC DELREVEALEDCL A · CL B NEW1.05%$12.4B21.36M
12UNHUNITEDHEALTH GROUP INCREVEALEDhistory →COM0.94%$11.0B22.22M
13LLYELI LILLY & COhistory →COM0.85%$10.0B11.00M
14MAMASTERCARD INCORPORATEDREVEALEDhistory →CL A0.77%$9.0B21.50M
15PGPROCTER AND GAMBLE COREVEALEDhistory →COM0.76%$9.0B56.49M
16JNJJOHNSON & JOHNSONREVEALEDhistory →COM0.75%$8.9B56.94M
17WMTWALMART INCREVEALEDhistory →COM0.69%$8.2B91.46M
18HDHOME DEPOT INCREVEALEDhistory →COM0.66%$7.8B23.88M
19VVISA INCREVEALEDhistory →COM CL A0.65%$7.6B30.46M
20UBS GROUP AGSHS0.42%$5.0B168.29M
21BACBANK AMERICA CORPhistory →COM0.42%$4.9B122.92M
22LLYLILLY ELI & COREVEALEDhistory →COM0.39%$4.6B9.85M
23COSTCOSTCO WHSL CORP NEWhistory →COM0.38%$4.5B5.31M
24MRKMERCK & CO INChistory →COM0.36%$4.2B33.81M
25ABBVABBVIE INChistory →COM0.33%$3.9B22.48M
26AMDADVANCED MICRO DEVICES INChistory →COM0.31%$3.6B22.46M
27QCOMQUALCOMM INChistory →COM0.31%$3.6B18.26M
28NFLXNETFLIX INChistory →COM0.31%$3.6B5.35M
29NEENEXTERA ENERGY INChistory →COM0.29%$3.5B48.86M

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 ↗.