NORGES BANK
Institutional investor · Portfolio as of Q4 2020
Top Holdings2,110 positions
Stock | Shares | Value | Weight | Avg Buy | Est. P&L | Held | Conviction |
|---|---|---|---|---|---|---|---|
APPLE INC | 167.6M | $22.2B | 5.2% | $93.07 | +38.41% | 9 qtrssince 2018-Q4 | Decreased 0 |
MICROSOFT CORP | 79.6M | $17.7B | 4.1% | $96.24 | +121.02% | 9 qtrssince 2018-Q4 | Increased 58 |
AMAZON.COM INC | 4.6M | $14.9B | 3.5% | $76.88 | +113.69% | 9 qtrssince 2018-Q4 | Decreased 0 |
ALPHABET INC-CL A | 5.4M | $9.5B | 2.2% | $55.03 | +56.58% | 9 qtrssince 2018-Q4 | Increased 56 |
META PLATFORMS INC-CLASS A | 29.4M | $8B | 1.9% | $148.51 | +81.79% | 9 qtrssince 2018-Q4 | Increased 53 |
ALIBABA GROUP HOLDING-SP ADR | 24.5M | $5.7B | 1.3% | $152.60 | +43.52% | 9 qtrssince 2018-Q4 | Decreased 0 |
TESLA INC | 7.8M | $5.5B | 1.3% | $118.21 | +95.91% | 9 qtrssince 2018-Q4 | Decreased 0 |
JOHNSON & JOHNSON | 27.8M | $4.4B | 1.0% | $105.11 | +28.81% | 9 qtrssince 2018-Q4 | Decreased 0 |
PROCTER & GAMBLE CO/THE | 26.4M | $3.7B | 0.9% | $76.93 | +56.11% | 9 qtrssince 2018-Q4 | Decreased 0 |
JPMORGAN CHASE & CO | 27.6M | $3.5B | 0.8% | $80.48 | +36.20% | 9 qtrssince 2018-Q4 | Increased 47 |
UNITEDHEALTH GROUP INC | 9.7M | $3.4B | 0.8% | $221.08 | +43.84% | 9 qtrssince 2018-Q4 | Increased 45 |
VISA INC-CLASS A SHARES | 15.1M | $3.3B | 0.8% | $125.68 | +66.84% | 9 qtrssince 2018-Q4 | Decreased 0 |
MASTERCARD INC - A | 9.2M | $3.3B | 0.8% | $182.21 | +89.41% | 9 qtrssince 2018-Q4 | Decreased 0 |
HOME DEPOT INC | 11.9M | $3.2B | 0.7% | $146.01 | +60.84% | 9 qtrssince 2018-Q4 | Increased 45 |
NVIDIA CORP | 5.9M | $3.1B | 0.7% | $4.02 | +225.85% | 9 qtrssince 2018-Q4 | Decreased 0 |
T-MOBILE US INC | 22.3M | $3B | 0.7% | $83.32 | +54.53% | 9 qtrssince 2018-Q4 | Increased 49 |
WALT DISNEY CO/THE | 16.6M | $3B | 0.7% | $106.45 | +66.27% | 9 qtrssince 2018-Q4 | Increased 46 |
BANK OF AMERICA CORP | 95.7M | $2.9B | 0.7% | $20.92 | +27.00% | 9 qtrssince 2018-Q4 | Increased 48 |
| 10.3M | $2.7B | 0.6% | $145.92 | +67.42% | 9 qtrssince 2018-Q4 | Increased 46 | |
COMCAST CORP-CLASS A | 51.8M | $2.7B | 0.6% | $27.45 | +50.32% | 9 qtrssince 2018-Q4 | Increased 46 |
NORGES BANK manages $428.3B across 2110 positions as of Q4 2020. Top holdings: AAPL (5.2%), MSFT (4.1%), AMZN (3.5%). Fund DNA: Balanced Allocator. HoldingsIntel Rating: 4/5.0.
Active quarter - 101 new positions, 119 exits, 787 increased. Top move: MSFT (INCREASED, conviction 58). Portfolio: $428.3B across 2110 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.
Explore More
Accumulation Streaks
Positions with 2+ consecutive quarters of increases - persistent directional conviction.
Continue exploring
Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer