NORGES BANK
Institutional investor · Portfolio as of Q3 2020
Top Holdings2,128 positions
Stock | Shares | Value | Weight | Avg Buy | Est. P&L | Held | Conviction |
|---|---|---|---|---|---|---|---|
APPLE INC | 168.8M | $19.6B | 5.2% | $93.07 | +20.59% | 8 qtrssince 2018-Q4 | Increased 100 |
MICROSOFT CORP | 79.4M | $16.7B | 4.4% | $95.94 | +106.75% | 8 qtrssince 2018-Q4 | Decreased 0 |
AMAZON.COM INC | 4.7M | $14.6B | 3.9% | $76.88 | +104.52% | 8 qtrssince 2018-Q4 | Decreased 0 |
ALPHABET INC-CL A | 5.3M | $7.8B | 2.1% | $54.38 | +33.77% | 8 qtrssince 2018-Q4 | Decreased 0 |
ALIBABA GROUP HOLDING-SP ADR | 24.8M | $7.3B | 1.9% | $152.60 | +81.29% | 8 qtrssince 2018-Q4 | Decreased 0 |
META PLATFORMS INC-CLASS A | 27.7M | $7.3B | 1.9% | $141.41 | +83.84% | 8 qtrssince 2018-Q4 | Increased 50 |
JOHNSON & JOHNSON | 28.2M | $4.2B | 1.1% | $105.11 | +20.55% | 8 qtrssince 2018-Q4 | Decreased 0 |
PROCTER & GAMBLE CO/THE | 26.5M | $3.7B | 1.0% | $76.93 | +55.08% | 8 qtrssince 2018-Q4 | Increased 45 |
TESLA INC | 7.9M | $3.4B | 0.9% | $118.21 | +18.17% | 8 qtrssince 2018-Q4 | Increased 73 |
HOME DEPOT INC | 11.8M | $3.3B | 0.9% | $145.73 | +64.41% | 8 qtrssince 2018-Q4 | Decreased 0 |
NVIDIA CORP | 6M | $3.2B | 0.9% | $4.02 | +227.59% | 8 qtrssince 2018-Q4 | Increased 45 |
MASTERCARD INC - A | 9.3M | $3.2B | 0.8% | $182.21 | +78.90% | 8 qtrssince 2018-Q4 | Decreased 0 |
VISA INC-CLASS A SHARES | 15.3M | $3.1B | 0.8% | $125.68 | +52.30% | 8 qtrssince 2018-Q4 | Decreased 0 |
UNITEDHEALTH GROUP INC | 9.7M | $3B | 0.8% | $220.73 | +26.55% | 8 qtrssince 2018-Q4 | Increased 45 |
JPMORGAN CHASE & CO | 26.6M | $2.6B | 0.7% | $79.39 | +4.05% | 8 qtrssince 2018-Q4 | Increased 47 |
VERIZON COMMUNICATIONS INC | 40.5M | $2.4B | 0.6% | $37.19 | +14.82% | 8 qtrssince 2018-Q4 | Decreased 0 |
| 10M | $2.4B | 0.6% | $142.89 | +53.84% | 8 qtrssince 2018-Q4 | Decreased 0 | |
BERKSHIRE HATHAWAY INC-CL A | 7,390 | $2.4B | 0.6% | $302,921.88 | +4.28% | 8 qtrssince 2018-Q4 | Increased 45 |
ADOBE INC | 4.8M | $2.3B | 0.6% | $245.68 | +99.62% | 8 qtrssince 2018-Q4 | Increased 47 |
T-MOBILE US INC | 20.4M | $2.3B | 0.6% | $79.10 | +38.65% | 8 qtrssince 2018-Q4 | Increased 47 |
NORGES BANK manages $376.4B across 2128 positions as of Q3 2020. Top holdings: AAPL (5.2%), MSFT (4.4%), AMZN (3.9%). Fund DNA: Balanced Allocator. HoldingsIntel Rating: 4/5.0.
Active quarter - 129 new positions, 77 exits, 616 increased. Top move: AAPL (INCREASED, conviction 100). Portfolio: $376.4B across 2128 positions.
Top holdings by portfolio weight
Portfolio allocation by GICS sector
Behavioral investing profile
Position Outcomes
Best and worst performing positions by estimated return
Top Winners
Top Losers
Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.
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Accumulation Streaks
Positions with 2+ consecutive quarters of increases - persistent directional conviction.
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer