Norges Bank 13F holdings
Norges Bank reported its Q2 2026 13F on Aug 12, 2026. The filing shows a $1.0T US stock portfolio in 1617 positions, 22% of it in the top five: Nvidia (6.5%), Apple (5.5%), Microsoft (3.8%), Amazon.com (3.3%) and Alphabet (2.9%). In Q2 2026 it opened 40 new positions and sold out of 1. At today's prices that book is up 1.9% since the quarter closed. This is an institutional book, so its moves mostly reflect client money flowing in and out and index changes, not one manager's conviction. 13F filings arrive up to 45 days after the quarter ends and cover long US-listed positions only, so they show where the money was, not where it is now; this is educational analysis, not investment advice.
Q2 2026 13F, filed Aug 12, 2026. Prices as of Oct 26, 2026. Refreshed weekly from SEC EDGAR.
How big is Norges Bank's stock portfolio?
From the Q2 2026 13F, filed Aug 12, 2026. Prices are today's, so "since quarter-end" is how the book as filed has done since.
What does Norges Bank own?
The positions in its Q2 2026 13F, largest first. The 40 largest of 1617 are shown. "This site's filters" is how many of this site's 8 value filters the stock passes; a stock this site tracks links to its own analysis.
| Stock | Weight | Size | Shares vs. last quarter | Quarters held | Since quarter-end | This site's filters |
|---|---|---|---|---|---|---|
| NVDANvidia Corp | 6.5% | $65.2B326M shares | New | 1 | +8.2% | 3/8 |
| AAPLApple Inc | 5.5% | $55.2B191M shares | New | 1 | +19.0% | 2/8 |
| MSFTMicrosoft Corp | 3.8% | $38.3B103M shares | New | 1 | +42.6% | 2/8 |
| AMZNAmazon.com Inc | 3.3% | $33.5B141M shares | New | 1 | +4.5% | 8/8 |
| GOOGLAlphabet Inc | 2.9% | $28.9B80.9M shares | New | 1 | -11.3% | 5/8 |
| GOOGAlphabet Inc | 2.6% | $26.4B74.8M shares | New | 1 | -11.2% | n/a |
| AVGOBroadcom Inc | 2.5% | $24.9B66.0M shares | New | 1 | -12.4% | 3/8 |
| METAMETA Platforms Inc-Class A | 1.8% | $18.4B32.7M shares | New | 1 | +12.4% | 8/8 |
| MUMicron Technology Inc | 1.8% | $17.5B15.2M shares | New | 1 | -21.1% | 5/8 |
| TSLATesla Inc | 1.6% | $16.3B38.8M shares | New | 1 | -6.3% | 1/8 |
| LLYEli Lilly & Co | 1.4% | $13.8B11.5M shares | New | 1 | +6.5% | 3/8 |
| AMDAdvanced Micro Devices | 1.4% | $13.6B23.4M shares | New | 1 | -8.3% | 2/8 |
| JPMJpmorgan Chase & Co | 1.2% | $11.8B36.1M shares | New | 1 | +2.2% | 8/8 |
| INTCIntel Corp | 0.9% | $8.6B61.7M shares | New | 1 | -34.5% | 2/8 |
| EXMOCExxon Mobil Corp | 0.8% | $8.3B61.0M shares | New | 1 | n/a | n/a |
| AMATApplied Materials Inc | 0.8% | $8.2B11.3M shares | New | 1 | -46.0% | 3/8 |
| JNJJohnson & Johnson | 0.8% | $8.1B31.8M shares | New | 1 | +4.8% | 3/8 |
| LRCXLam Research Corp | 0.8% | $7.9B18.1M shares | New | 1 | -44.8% | 2/8 |
| BRK.ABerkshire Hathaway Inc | 0.8% | $7.8B10.4K shares | New | 1 | +9.8% | n/a |
| WMTWalmart Inc | 0.7% | $6.5B57.4M shares | New | 1 | +6.2% | 2/8 |
| CSCOCisco Systems Inc | 0.6% | $6.4B54.8M shares | New | 1 | -6.1% | 3/8 |
| ABBVAbbvie Inc | 0.6% | $6.4B25.6M shares | New | 1 | +14.0% | 2/8 |
| n/aAstrazeneca Plc | 0.6% | $6.3B33.9M shares | New | 1 | n/a | n/a |
| COSTCostco Wholesale Corp | 0.6% | $6.1B6.5M shares | New | 1 | +7.4% | 3/8 |
| MAMastercard Inc - A | 0.6% | $6.0B11.8M shares | New | 1 | +19.6% | 2/8 |
| KLACKla Corp | 0.6% | $5.9B19.6M shares | New | 1 | -50.3% | 2/8 |
| VVisa Inc-Class A Shares | 0.6% | $5.6B16.2M shares | New | 1 | +17.7% | 2/8 |
| UNHUnitedhealth Group Inc | 0.5% | $5.3B12.7M shares | New | 1 | -1.2% | 7/8 |
| GEGeneral Electric | 0.5% | $5.1B13.7M shares | New | 1 | -22.8% | 3/8 |
| BACBank of America Corp | 0.5% | $4.8B83.8M shares | New | 1 | -11.3% | 5/8 |
| MRKMerck & Co. Inc. | 0.5% | $4.8B37.0M shares | New | 1 | +9.3% | 2/8 |
| n/aUbs Group AG | 0.5% | $4.8B95.8M shares | New | 1 | n/a | n/a |
| HDHome Depot Inc | 0.5% | $4.7B13.4M shares | New | 1 | -9.4% | 4/8 |
| SNDKSandisk Corp | 0.5% | $4.7B2.1M shares | New | 1 | -44.8% | 3/8 |
| PGProcter & Gamble Co | 0.5% | $4.7B31.8M shares | New | 1 | +9.1% | 4/8 |
| WFCWells Fargo & Co | 0.5% | $4.6B55.5M shares | New | 1 | -0.1% | 8/8 |
| BRK.BBerkshire Hathaway Inc | 0.4% | $4.4B8.8M shares | New | 1 | +9.3% | 8/8 |
| MRVLMarvell Technology Inc | 0.4% | $4.2B14.2M shares | New | 1 | -20.8% | 2/8 |
| KOCoca-Cola Co | 0.4% | $4.2B52.0M shares | New | 1 | +14.1% | 2/8 |
| NFLXNetflix Inc | 0.4% | $4.1B58.0M shares | New | 1 | -10.5% | 5/8 |
What did Norges Bank buy and sell in Q2 2026?
Compared with Q1 2026. A position counts as added or trimmed when its share count moved by 5% or more.
Bought (new)
Added to
Nothing added to.
Trimmed
Nothing trimmed.
Sold out
How has Norges Bank's portfolio changed over time?
The reported stock book each quarter. It includes market moves as well as buying and selling.
| Quarter | Stock book | Positions | Change |
|---|---|---|---|
| Q3 2025 | $0 | 1 | n/a |
| Q4 2025 | $934.8B | 1577 | +Infinity% |
| Q1 2026 | $0 | 1 | -100.0% |
| Q2 2026 | $1.0T | 1617 | +Infinity% |
Frequently asked questions about Norges Bank
What does Norges Bank own?
Norges Bank's Q2 2026 13F lists 1617 positions worth $1.0T. The largest are Nvidia (6.5%), Apple (5.5%), Microsoft (3.8%), Amazon.com (3.3%) and Alphabet (2.9%), together 22% of the book. The full table is above; each stock this site tracks links to its own analysis.
What did Norges Bank buy and sell in Q2 2026?
Compared with Q1 2026, Norges Bank opened 40 new positions (NVDA, AAPL and MSFT and more) and sold out of 1 (Na). A position counts as added or trimmed when its share count moved by 5% or more.
How concentrated is Norges Bank's portfolio?
The top position is 7% of the book, the top five 22% and the top ten 32%, across 1617 positions. Estimated turnover last quarter was 100% of the book.
When does Norges Bank file its next 13F?
Managers file within 45 days after each quarter ends. For the quarter ending Sep 30, 2026, the deadline is about Nov 16, 2026 (a weekend deadline moves to the next business day). This page updates when the filing is on EDGAR.
Can you see Norges Bank's cost basis or profit?
No. A 13F lists positions at quarter-end, not what was paid or when, and it excludes shorts and non-US holdings. This page shows each stock's price change since the quarter closed (the whole book as filed is +1.9%, with 96% of it priced) and since the position first appeared, which is a rough read and not their profit.
Where does this data come from?
- Holdings: Norges Bank's Form 13F-HR filings, listed on SEC EDGAR. The Q2 2026 book was filed Aug 12, 2026.
- Prices and tickers: today's prices are from Finnhub, matched to each filing's securities with OpenFIGI; "since quarter-end" compares today's price with the price implied by the filing (value divided by shares).
- Limits: a 13F covers long US-listed positions only, up to 45 days after the quarter ends: no shorts, no cost basis, no trades inside the quarter. Read the Editorial Standards for how this site treats filings, and Form 13F in the glossary.
About this page
This page lists everything in Norges Bank's latest Form 13F (Norges Bank): every position, what changed last quarter and how the stocks have moved since. Every figure comes from SEC filings and is refreshed weekly; read the Editorial Standards for the rules, or open Superinvestors to compare all 25 investors. Educational content only, not investment advice.