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NORGES BANK Portfolio Analytics

Investment Analysis & Holdings Breakdown

Comprehensive portfolio analytics for NORGES BANK with $801.31B in long positions as of Q2 2025, 32% allocated to Technology, and 33% concentrated in top 10 positions.

Portfolio Value
$801.31B
Top 10 Concentration
33%
Top Sector
Technology (32%)
US Exposure
93%
Market Cap Focus
Mega Cap
Countries
27

Composition Analysis

Portfolio breakdown by sector, industry, and market capitalization

Sector Allocation

Technology: 31.80%TechnologyFinancial Services: 15.10%Financial ServicesConsumer Cyclical: 10.10%Consumer CyclicalCommunication Services: 9.60%Communication ServicesHealthcare: 9.30%HealthcareIndustrials: 7.20%Real Estate: 5.00%Consumer Defensive: 4.40%Energy: 2.50%Basic Materials: 2.20%Utilities: 1.90%
Technology
31.80%
Financial Services
15.10%
Consumer Cyclical
10.10%
Communication Services
9.60%
Healthcare
9.30%
Industrials
7.20%
Real Estate
5.00%
Consumer Defensive
4.40%
Energy
2.50%
Basic Materials
2.20%
Utilities
1.90%

Industry Breakdown

135 industries across all sectors

Semiconductors: 11.60%SemiconductorsSoftware - Infrastructure: 8.95%Software - InfrastructureInternet Content & Information: 6.58%Consumer Electronics: 4.86%Banks - Diversified: 4.29%Specialty Retail: 4.13%Drug Manufacturers - General: 3.59%Software - Application: 3.21%Financial - Credit Services: 2.39%Insurance - Diversified: 1.76%Auto - Manufacturers: 1.76%Industrial - Machinery: 1.58%Entertainment: 1.54%Discount Stores: 1.53%Telecommunications Services: 1.44%Medical - Devices: 1.35%Asset Management: 1.29%REIT - Residential: 1.22%Medical - Healthcare Plans: 1.19%Aerospace & Defense: 1.14%Oil & Gas Integrated: 1.12%Information Technology Services: 1.07%Regulated Electric: 1.07%Banks - Regional: 1.06%Financial - Capital Markets: 1.06%Chemicals - Specialty: 1.03%Household & Personal Products: 1.00%Beverages - Non-Alcoholic: 1.00%Financial - Data & Stock Exchanges: 0.96%Medical - Diagnostics & Research: 0.92%Restaurants: 0.87%Insurance - Property & Casualty: 0.86%REIT - Office: 0.85%Hardware, Equipment & Parts: 0.84%101 more: 19.84%101 more
Semiconductors
Technology
11.60%
Software - Infrastructure
Technology
8.95%
Internet Content & Information
Communication Services
6.58%
Consumer Electronics
Technology
4.86%
Banks - Diversified
Financial Services
4.29%
Specialty Retail
Consumer Cyclical
4.13%
Drug Manufacturers - General
Healthcare
3.59%
Software - Application
Technology
3.21%
Financial - Credit Services
Financial Services
2.39%
Insurance - Diversified
Financial Services
1.76%
Auto - Manufacturers
Consumer Cyclical
1.76%
Industrial - Machinery
Industrials
1.58%

Filter by Sector

Select a sector to filter industries

Market Cap Distribution

Mega Cap (> $200B): 50.99%Mega Cap (> $200B)Large Cap ($10B - $200B): 43.56%Large Cap ($10B - $200B)Mid Cap ($2B - $10B): 4.28%Small Cap ($300M - $2B): 0.10%Micro Cap ($50M - $300M): 0.00%Nano Cap (< $50M): 0.52%N/A (ETF or Unknown): 0.55%
Mega Cap (> $200B)
50.99%
Large Cap ($10B - $200B)
43.56%
Mid Cap ($2B - $10B)
4.28%
Small Cap ($300M - $2B)
0.10%
Micro Cap ($50M - $300M)
0.00%
Nano Cap (< $50M)
0.52%
N/A (ETF or Unknown)
0.55%

Portfolio Concentration

Top 10 Holdings %
32.81%
Top 20 Holdings %
40.46%
Top 50 Holdings %
53.3%
Top 100 Holdings %
65.45%

Geographic Exposure

Portfolio breakdown by country of incorporation

Domestic (US)
92.66%
International
7.34%
Countries
27
Largest Int'l Market
Canada - 2.83%
United States of America
92.66% ($742.48B)
1,534 holdings
Canada
2.83% ($22.6B)
59 holdings
Ireland
1.43% ($11.4B)
18 holdings
Switzerland
1.08% ($8.6B)
9 holdings
United Kingdom
0.64% ($5.1B)
21 holdings
Bermuda
0.24% ($1.9B)
17 holdings
Netherlands
0.19% ($1.5B)
4 holdings
Israel
0.18% ($1.5B)
13 holdings
Italy
0.11% ($885.1M)
1 holdings
Luxembourg
0.10% ($780.3M)
3 holdings
Brazil
0.09% ($741.6M)
4 holdings
Germany
0.09% ($719.4M)
1 holdings

Holding Behavior

Investment patterns and position management analysis

Portfolio Stability & Commitment

Avg. Top 10
0 quarters
Avg. Top 20
0 quarters
Avg. All Positions
0 quarters
Median Holding Period
0 quarters
Persistence Rate
-
Persistent Holdings Weight
-
Persistent Positions
0
Longest Held
Arch Capital Group Ltd logo
Arch Capital Group LtdACGL - 0 quarters

Position Sizing & Influence

Current Quarter

Avg. New Position
0.005%
Avg. Position Weight
0.06%
Largest Position
Nvidia Corp logo
Nvidia CorpNVDA - 6.41%
Largest Ownership Stake
Alexandria Real Estate Equities, Inc. logo
Alexandria Real Estate Equities, Inc.ARE - 9.51%
Avg. Ownership Stake
1.49%
Ownership Stake >5%
20
Ownership Stake >1%
823

Historical (Since Q2 2012)

Avg. New Position
0.04%
Avg. Ownership Stake
1.29%
Largest Position
Apple Inc. logo
Apple Inc.AAPL - 6.75% (Q2 2023)
Largest Ownership Stake
Nabors Industries Ltd. logo
Nabors Industries Ltd.NBR - 55.48% (Q3 2012)

Portfolio Turnover

Current Quarter

Turnover Ratio
5.2%
Value Traded
$41.44B
Positions Added
37
Positions Exited
0

Historical (Since Q2 2012)

Avg. Turnover Ratio
5.1%
Avg. Positions Added
90
Avg. Positions Exited
70
Highest Turnover
50.0%
Q2 2012
Lowest Turnover
2.2%
Q3 2018

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