Norges Bank Portfolio holdings
Norges Bank, established in 1816 and headquartered in Oslo, Norway, serves as the central bank of Norway, responsible for monetary policy, issuing the Norwegian krone, and maintaining financial stability. Beyond its traditional central banking role, it oversees the management of the Government Pension Fund Global (often called the Norwegian Oil Fund), one of the world’s largest sovereign wealth funds, valued at over $1 trillion, which invests Norway’s oil and gas revenues in global equities, bonds, and real estate. The fund’s investment arm, Norges Bank Investment Management (NBIM), operates independently to ensure long-term wealth preservation for future generations, emphasizing sustainable and ethical investing practices. With its dual role, Norges Bank uniquely blends central banking duties with stewardship of a massive global investment portfolio.
Top Buys
| 1 |
Microsoft
MSFT
|
$864M |
| 2 |
UBS Group
UBS
|
$761M |
| 3 |
Apple
AAPL
|
$743M |
| 4 |
JPMorgan Chase
JPM
|
$590M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$539M |
Top Sells
| 1 |
Bank of America
BAC
|
$703M |
| 2 |
Oracle
ORCL
|
$535M |
| 3 |
T-Mobile US
TMUS
|
$390M |
| 4 |
Meta Platforms (Facebook)
META
|
$298M |
| 5 |
GE Aerospace
GE
|
$274M |
Sector Composition
| 1 | Technology | 26.13% |
| 2 | Financials | 13.76% |
| 3 | Healthcare | 13.71% |
| 4 | Consumer Discretionary | 10.81% |
| 5 | Communication Services | 7.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
251
Yum China
YUMC
$16.5B
| $343M | 0.08% |
5,412,716
+24,955
| +0.5% | +$1.58M |
|
252
Capital One
COF
$142B
| $343M | 0.08% |
3,567,996
+142,008
| +4% | +$13.7M |
|
253
Halliburton
HAL
$18.8B
| $343M | 0.08% |
10,826,217
-793,727
| -7% | -$25.1M |
|
254
Cognizant
CTSH
$35.1B
| $338M | 0.07% |
5,540,708
-1,006,113
| -15% | -$61.3M |
|
255
3M
MMM
$82.7B
| $336M | 0.07% |
3,820,642
+130,773
| +4% | +$11.5M |
|
256
CubeSmart
CUBE
$9.52B
| $335M | 0.07% |
7,251,677
-46,935
| -0.6% | -$2.17M |
|
257
Yum! Brands
YUM
$40.1B
| $334M | 0.07% |
2,528,311
+67,046
| +3% | +$8.86M |
|
258
Copart
CPRT
$47B
| $332M | 0.07% |
8,817,156
+379,714
| +5% | +$14.3M |
|
259
Domino's
DPZ
$15.7B
| $324M | 0.07% |
981,310
-86,243
| -8% | -$28.4M |
|
260
KKR & Co
KKR
$121B
| $324M | 0.07% |
6,161,518
+588,758
| +11% | +$30.9M |
|
261
Keurig Dr Pepper
KDP
$38.9B
| $322M | 0.07% |
9,129,101
+1,374,008
| +18% | +$48.5M |
|
|
DFS
262
DELISTED
Discover Financial Services
DFS
| $319M | 0.07% |
3,232,111
-250,179
| -7% | -$24.7M |
|
263
Sun Communities
SUI
$16.2B
| $319M | 0.07% |
2,266,481
+61,423
| +3% | +$8.65M |
|
264
Canadian Imperial Bank of Commerce
CM
$72.8B
| $318M | 0.07% |
7,490,509
-59,490
| -0.8% | -$2.52M |
|
265
W.W. Grainger
GWW
$47.5B
| $318M | 0.07% |
461,054
-4,190
| -0.9% | -$2.89M |
|
266
Rexford Industrial Realty
REXR
$10.2B
| $317M | 0.07% |
5,319,620
+134,427
| +3% | +$8.02M |
|
267
Fastenal
FAST
$55.1B
| $316M | 0.07% |
11,724,840
+373,626
| +3% | +$10.1M |
|
268
Keysight
KEYS
$28.9B
| $315M | 0.07% |
1,951,901
+402,574
| +26% | +$65M |
|
269
Dow Inc
DOW
$17.4B
| $315M | 0.07% |
5,740,129
+315,365
| +6% | +$17.3M |
|
270
Wheaton Precious Metals
WPM
$47.3B
| $313M | 0.07% |
6,497,840
+278,129
| +4% | +$13.4M |
|
271
PPG Industries
PPG
$24.8B
| $308M | 0.07% |
2,303,454
-226,807
| -9% | -$30.3M |
|
272
Mercado Libre
MELI
$123B
| $306M | 0.07% |
232,354
+140,289
| +152% | +$185M |
|
273
Veeva Systems
VEEV
$44.7B
| $306M | 0.07% |
1,665,154
+55,889
| +3% | +$10.3M |
|
274
Alnylam Pharmaceuticals
ALNY
$59.2B
| $305M | 0.07% |
1,521,412
+508,566
| +50% | +$102M |
|
275
Cummins
CMI
$55.1B
| $304M | 0.07% |
1,272,987
+67,069
| +6% | +$16M |
|