NORGES BANK
Institutional investor · Portfolio as of Q4 2019
Top Holdings2,074 positions
Apple Inc. | 46.9M | $13.8B | 3.8% | $37.57 | +88.06% | 5 qtrssince 2018-Q4 | Decreased 0 |
Microsoft Corp. | 78.1M | $12.3B | 3.4% | $95.16 | +56.36% | 5 qtrssince 2018-Q4 | Increased 59 |
Amazon.com, Inc. | 4.4M | $8.1B | 2.3% | $75.41 | +22.51% | 5 qtrssince 2018-Q4 | Increased 55 |
Alphabet Inc. | 5.1M | $6.8B | 1.9% | $53.58 | +23.82% | 5 qtrssince 2018-Q4 | Decreased 0 |
Meta Platforms Inc | 26.5M | $5.4B | 1.5% | $133.13 | +52.71% | 5 qtrssince 2018-Q4 | Decreased 0 |
ALIBABA GROUP HLDG LTD | 24M | $5.1B | 1.4% | $150.39 | +32.72% | 5 qtrssince 2018-Q4 | Increased 59 |
Johnson & Johnson | 28.4M | $4.1B | 1.2% | $104.80 | +15.71% | 5 qtrssince 2018-Q4 | Increased 50 |
JPMorgan Chase & Co. | 28M | $3.9B | 1.1% | $79.13 | +47.22% | 5 qtrssince 2018-Q4 | Decreased 0 |
BK OF AMERICA CORP | 97.7M | $3.4B | 1.0% | $20.47 | +46.19% | 5 qtrssince 2018-Q4 | Decreased 0 |
The Procter & Gamble Co. | 26.7M | $3.3B | 0.9% | $76.44 | +37.65% | 5 qtrssince 2018-Q4 | Increased 45 |
Visa Inc | 17.6M | $3.3B | 0.9% | $125.68 | +42.45% | 5 qtrssince 2018-Q4 | Decreased 0 |
EXXON MOBIL CORP | 43.8M | $3.1B | 0.9% | $49.31 | +5.94% | 5 qtrssince 2018-Q4 | Increased 46 |
INTEL CORP | 49.6M | $3B | 0.8% | $40.91 | +29.04% | 5 qtrssince 2018-Q4 | Increased 45 |
AT&T INC | 74.9M | $2.9B | 0.8% | $12.68 | +45.40% | 5 qtrssince 2018-Q4 | Increased 46 |
| 13.7M | $2.9B | 0.8% | $142.89 | +35.81% | 5 qtrssince 2018-Q4 | Increased 47 | |
UnitedHealth Group Inc. | 9.5M | $2.8B | 0.8% | $217.83 | +20.01% | 5 qtrssince 2018-Q4 | Unchanged 0 |
VERIZON COMMUNICATIONS INC | 45.2M | $2.8B | 0.8% | $36.05 | +13.40% | 5 qtrssince 2018-Q4 | Unchanged 0 |
MasterCard Incorporated | 9.2M | $2.8B | 0.8% | $182.57 | +57.36% | 5 qtrssince 2018-Q4 | Increased 45 |
DISNEY WALT CO | 17.8M | $2.6B | 0.7% | $105.59 | +32.80% | 5 qtrssince 2018-Q4 | Decreased 0 |
Chevron Corp. | 21.3M | $2.6B | 0.7% | $79.51 | +13.82% | 5 qtrssince 2018-Q4 | Increased 46 |
NORGES BANK manages $358.4B across 2074 positions as of Q4 2019. Top holdings: AAPL (3.8%), MSFT (3.4%), AMZN (2.3%). Fund DNA: Balanced Allocator. HoldingsIntel Score: 3/5.0.
Active quarter - 59 new positions, 77 exits, 497 increased. Top move: MSFT (INCREASED, conviction 59). Portfolio: $358.4B across 2074 positions.
Top holdings by portfolio weight
Portfolio allocation by GICS sector
Behavioral investing profile
Position Outcomes
Best and worst performing positions by estimated return
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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
Verify source filings on SEC EDGAR