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Livermore
Livermore
ZHEN

Norges Bank

SEC CIK
0001374170
Latest filing
Aug 12, 2026

The latest 13F from Norges Bank covers Q2 2026 (filed Aug 12, 2026): 1,617 long positions worth $1.00T. The top 10 holdings make up 32.4% of the portfolio, and the largest is NVIDIA Corp (NVDA) at 6.5%. Livermore has 35 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

The five largest holdings this quarter.

Norges Bank did not file a 13F for Q1 2026, so this quarter cannot be compared with the previous one.

Compare with Q4 2025 instead

Top 5 holdings

Share of this quarter's portfolio value

  1. NVDANVIDIA Corp
    6.5%$65.2BHistory
  2. AAPLApple Inc.
    5.5%$55.2BHistory
  3. MSFTMicrosoft Corp
    3.8%$38.3BHistory
  4. AMZNAmazon Com Inc
    3.3%$33.5BHistory
  5. GOOGLAlphabet Inc.
    2.9%$28.9BHistory

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$1.00T
No prior quarter to compare
Positions
1,617
No prior quarter to compare
Top 10 concentration
32.4%
Top 10 as share of value
Turnover
–
No prior quarter to compare
Average holding period
1.0 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

20 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $1.00T (Q2 2026)

Q1 2021: $436.8BQ2 2021: $461.3BQ3 2021: $452.0BQ4 2021: $486.4BQ1 2022: $458.8BQ2 2022: $386.8BQ3 2022: $376.1BQ4 2022: $414.9BQ1 2023: $456.9BQ2 2023: $506.7BQ3 2023: $492.8BQ4 2023: $572.3BQ1 2024: $633.6BQ2 2024: $669.4BQ3 2024: $715.9BQ4 2024: $762.1BQ1 2025: $712.5BQ2 2025: $801.1BQ4 2025: $934.8BQ2 2026: $1.00T
Q1 2021Q2 2026
13F filings of Norges Bank by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 12, 20261,617$1.00TNVDAAAPLMSFT–SEC
Q4 2025Feb 10, 20261,577$934.8BNVDAAAPLMSFT–SEC
Q2 2025Aug 13, 20251,707$801.1BNVDAMSFTAAPLvs. Q1 2025SEC
Q1 2025May 11, 2026Amended1,743$712.5BAAPLMSFTNVDAvs. Q4 2024SECSEC
Q4 2024Feb 12, 20251,845$762.1BAAPLMSFTNVDAvs. Q3 2024SEC
Q3 2024Nov 12, 2025Amended1,839$715.9BMSFTAAPLNVDAvs. Q2 2024SECSEC
Q2 2024Aug 14, 20241,930$669.4BMSFTAAPLNVDAvs. Q1 2024SEC
Q1 2024May 14, 2025Amended1,885$633.6BMSFTAAPLNVDAvs. Q4 2023SECSEC
Q4 2023Feb 9, 20241,942$572.3BMSFTAAPLAMZNvs. Q3 2023SEC
Q3 2023Nov 13, 2024Amended1,966$492.8BAAPLMSFTAMZNvs. Q2 2023SECSEC
Q2 2023Aug 14, 2024Amended2,007$506.7BAAPLMSFTAMZNvs. Q1 2023SECSEC
Q1 2023May 15, 2024Amended2,087$456.9BAAPLMSFTAMZNvs. Q4 2022SECSEC
Q4 2022Feb 14, 20232,130$414.9BAAPLMSFTGOOGLvs. Q3 2022SEC
Q3 2022Nov 13, 2023Amended2,089$376.1BAAPLMSFTAMZNvs. Q2 2022SECSEC
Q2 2022Aug 14, 2023Amended2,052$386.8BAAPLMSFTGOOGLvs. Q1 2022SECSEC
Q1 2022May 12, 2023Amended2,162$458.8BAAPLMSFTAMZNvs. Q4 2021SECSEC
Q4 2021Mar 9, 2022Amended2,204$486.4BAAPLMSFTGOOGLvs. Q3 2021SECSEC
Q3 2021Nov 14, 2022Amended2,270$452.0BAAPLMSFTGOOGLvs. Q2 2021SECSEC
Q2 2021Aug 15, 2022Amended2,206$461.3BAAPLMSFTAMZNvs. Q1 2021SECSEC
Q1 2021May 9, 2022Amended2,127$436.8BAAPLMSFTAMZN–SECSEC

13D and 13G filings

Companies where Norges Bank reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

26 companies, largest stake first.

Companies where Norges Bank owns 5% or more
CompanyLatest formStakeChangeFirst filedLatest filingFiling
CUKCarnival PLC13G/A9.50%13.7M shares–Jan 26, 20218 filingsFeb 10, 2025SEC
UNMUnum Group13G/A9.03%14.8M shares–Apr 6, 20225 filingsMay 11, 2026SEC
CECelanese Corp13G/A8.80%9.65M shares+2.61 ppfrom 6.19%Apr 4, 20254 filingsAug 12, 2026SEC
UPBUpstream Bio, Inc.13G/A7.73%4.21M shares+2.43 ppfrom 5.30%Oct 24, 20252 filingsAug 12, 2026SEC
VNOVornado Realty Trust13G/A7.71%14.7M shares–Jan 28, 20213 filingsMay 11, 2026SEC
BILIBilibili Inc.13G/A6.80%23.5M shares+1.63 ppfrom 5.17%Apr 28, 20262 filingsAug 12, 2026SEC
EQHEquitable Holdings, Inc.13G6.63%18.6M shares–Feb 10, 20216 filingsMay 11, 2026SEC
HRIHerc Holdings Inc13G/A6.50%2.17M shares+1.20 ppfrom 5.30%Apr 14, 20252 filingsOct 29, 2025SEC
FRTFederal Realty Investment Trust13G/A6.48%5.59M shares–Jan 28, 20215 filingsAug 12, 2026SEC
VTMXVesta Real Estate Corporation, S.A.B. de C.V.13G/A6.39%54.1M shares+1.19 ppfrom 5.20%Jan 20, 20262 filingsMay 11, 2026SEC
LINELineage, Inc.13G/A6.10%13.9M shares+1.10 ppfrom 5.00%Nov 8, 20243 filingsJul 22, 2025SEC
ATATAtour Lifestyle Holdings Ltd13G/A6.06%20.3M shares+1.57 ppfrom 4.49%Jan 27, 20263 filingsAug 12, 2026SEC
VNETVNET Group, Inc.13G/A5.90%93.2M shares+1.90 ppfrom 4.00%Jul 31, 20253 filingsJan 28, 2026SEC
TYLTyler Technologies Inc13G5.65%2.40M sharesNewMay 11, 20261 filingMay 11, 2026SEC
DLRDigital Realty Trust, Inc.13G5.57%19.6M shares–Jan 3, 20243 filingsAug 12, 2026SEC
FWONALiberty Media Corp13G5.53%1.33M shares–Jan 29, 20213 filingsAug 12, 2026SEC
ROGRogers Corp13G/A5.52%984.9K shares−1.58 ppfrom 7.10%Nov 7, 20227 filingsAug 12, 2026SEC
NWOEFNew Oriental Education & Technology Group Inc.13G/A5.50%93.8M shares−1.40 ppfrom 6.90%Apr 4, 20252 filingsNov 4, 2025SEC
GMRSGMR Solutions Inc.13G5.46%2.95M sharesNewAug 12, 20261 filingAug 12, 2026SEC
CABACabaletta Bio, Inc.13G5.38%8.78M sharesNewAug 12, 20261 filingAug 12, 2026SEC
AVBAvalonbay Communities Inc13G5.30%7.58M sharesNewNov 5, 20251 filingNov 5, 2025SEC
RYNRayonier Inc13G/A5.24%15.8M shares–Apr 22, 20224 filingsMay 11, 2026SEC
CUBECubeSmart13G5.21%11.8M sharesNewMay 11, 20261 filingMay 11, 2026SEC
EGEverest Group, Ltd.13G5.19%2.10M sharesNewMay 11, 20261 filingMay 11, 2026SEC
MSOGFMINISO Group Holding Ltd13G5.00%62.9M sharesNewApr 14, 20251 filingApr 14, 2025SEC

Showing the 25 largest of 26 stakes.

Latest filings

228 filings on file made by Norges Bank or listing it as a reporting person; the latest 20 are shown.

Schedule 13D and 13G filings by Norges Bank
CompanyFiled (ET)FormStakeChangeEvent dateFiling
UWMCUWM Holdings CorpAug 12, 20266:36 AM ET13G/A4.05%13.8M shares−4.05 ppfrom 8.11%Below 5%Jun 30, 2026SEC
UPBUpstream Bio, Inc.Aug 12, 20266:36 AM ET13G/A7.73%4.21M shares+2.43 ppfrom 5.30%Jun 30, 2026SEC
ROGRogers CorpAug 12, 20266:36 AM ET13G/A5.52%984.9K shares−1.58 ppfrom 7.10%Jun 30, 2026SEC
EDUNew Oriental Education & Technology Group Inc.Aug 12, 20266:36 AM ET13G/A4.84%83.0M shares+0.54 ppfrom 4.30%Below 5%Jun 30, 2026SEC
FWONALiberty Media CorpAug 12, 20266:36 AM ET13G5.53%1.33M shares–Jun 30, 2026SEC
KRCKilroy Realty CorpAug 12, 20266:36 AM ET13G/A2.01%2.34M shares−3.75 ppfrom 5.76%Below 5%Jun 30, 2026SEC
GMRSGMR Solutions Inc.Aug 12, 20266:36 AM ET13G5.46%2.95M sharesNewJun 30, 2026SEC
FRTFederal Realty Investment TrustAug 12, 20266:36 AM ET13G/A6.48%5.59M shares–Jun 30, 2026SEC
DLRDigital Realty Trust, Inc.Aug 12, 20266:36 AM ET13G5.57%19.6M shares–Jun 30, 2026SEC
CECelanese CorpAug 12, 20266:36 AM ET13G/A8.80%9.65M shares+2.61 ppfrom 6.19%Jun 30, 2026SEC
CABACabaletta Bio, Inc.Aug 12, 20266:36 AM ET13G5.38%8.78M sharesNewJun 30, 2026SEC
BXPBXP, Inc.Aug 12, 20266:36 AM ET13G/A4.06%6.48M shares−2.34 ppfrom 6.40%Below 5%Jun 30, 2026SEC
BILIBilibili Inc.Aug 12, 20266:36 AM ET13G/A6.80%23.5M shares+1.63 ppfrom 5.17%Jun 30, 2026SEC
ATATAtour Lifestyle Holdings LtdAug 12, 20266:36 AM ET13G/A6.06%20.3M shares+1.57 ppfrom 4.49%Jun 30, 2026SEC
VNOVornado Realty TrustMay 11, 202610:40 AM ET13G/A7.71%14.7M shares–Mar 31, 2026SEC
VTMXVesta Real Estate Corporation, S.A.B. de C.V.May 11, 202610:40 AM ET13G/A6.39%54.1M shares+1.19 ppfrom 5.20%Mar 31, 2026SEC
UWMCUWM Holdings CorpMay 11, 202610:40 AM ET13G8.11%23.9M sharesNewMar 31, 2026SEC
UNMUnum GroupMay 11, 202610:40 AM ET13G/A9.03%14.8M shares–Mar 31, 2026SEC
TYLTyler Technologies IncMay 11, 202610:40 AM ET13G5.65%2.40M sharesNewMar 31, 2026SEC
RYNRayonier IncMay 11, 202610:40 AM ET13G/A5.24%15.8M shares–Mar 31, 2026SEC