Sovereign Wealth · CIK 0001374170
Norges Bank
Norway SWF
Norges Bank runs Norway SWF, a sovereign wealth overseeing $934.76B in disclosed equity holdings (SEC CIK 0001374170). The latest 13F filing (2025Q4) discloses 1577 positions across 11 sectors, with the largest positions in NVDA, AAPL and MSFT. On a mark-to-market basis the tracked portfolio has returned 21.5% over the past year. OpenStocks tracks 40 consecutive 13F filings for this manager — every position change, new entry, and exit is logged below.
Portfolio
$934.76B
Positions
1577
Quarter
2025Q4
Filings tracked
40
1-Yearactual
+21.49%
since 2024Q4
3-Yearactual
+68.45%
since 2022Q4
5-Yearactual
+36.04%
since 2020Q4
10-Year
—
insufficient history
Performance overview
We mark Norges Bank (Norway SWF)'s disclosed 13F book to current market prices and compare its growth against the S&P 500 (SPY). Norges's portfolio is 21.5% over the last 12 months · 133.6% since 2016Q1.
Portfolio growth vs SPY
Rebased to 100 at 2016Q1 · through 2025Q4
Norges Bank
+359.8%
SPY
—
Portfolio line tracks reported 13F AUM (mark-to-market on filing dates). It includes inflows/outflows so it isn't a pure time-weighted return — same convention as Dataroma and StockCircle.
Capital flow per quarter
BuysSellsNet
Latest · 2025Q4
+$934.76B
Lifetime buys
$54.92T
Lifetime sells
$34.82T
Portfolio over time
AUMPositions
QoQ AUM
+0.0%
16Q lifetime AUM
-99.8%
QoQ positions
+1576
16Q lifetime positions
-585
Position concentration
1930 positions