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 | |
|---|---|---|---|---|---|---|
301
Qiagen
QGEN
$10.3B
| $271M | 0.06% |
5,622,768
+208,116
| +4% | +$10M |
|
302
Willis Towers Watson
WTW
$32.1B
| $271M | 0.06% |
1,164,601
+34,395
| +3% | +$7.99M |
|
303
ResMed
RMD
$40.6B
| $270M | 0.06% |
1,234,348
+59,710
| +5% | +$13.1M |
|
304
First Solar
FSLR
$22B
| $269M | 0.06% |
1,236,077
-186,244
| -13% | -$40.5M |
|
305
Corning
GLW
$61B
| $266M | 0.06% |
7,538,900
-20,776
| -0.3% | -$733K |
|
306
Kinder Morgan
KMI
$59.1B
| $264M | 0.06% |
15,085,777
+892,580
| +6% | +$15.6M |
|
|
ANSS
307
DELISTED
Ansys
ANSS
| $264M | 0.06% |
793,238
+90,144
| +13% | +$30M |
|
308
AstraZeneca
AZN
$253B
| $262M | 0.06% |
3,779,869
+29,276
| +0.8% | +$2.03M |
|
309
Lennar Class A
LEN
$36.7B
| $262M | 0.06% |
2,574,646
+306,999
| +14% | +$31.2M |
|
310
West Pharmaceutical
WST
$18B
| $259M | 0.06% |
748,062
-260,507
| -26% | -$90.3M |
|
311
Rogers Corp
ROG
$1.43B
| $259M | 0.06% |
1,583,288
-73,036
| -4% | -$11.9M |
|
312
Agnico Eagle Mines
AEM
$76.3B
| $257M | 0.06% |
5,032,850
-458,561
| -8% | -$23.4M |
|
313
Royal Gold
RGLD
$12.2B
| $256M | 0.06% |
1,970,279
-154,918
| -7% | -$20.1M |
|
314
Cencora
COR
$56.7B
| $256M | 0.06% |
1,595,941
+19,126
| +1% | +$3.06M |
|
|
CTLT
315
DELISTED
CATALENT, INC.
CTLT
| $254M | 0.06% |
3,863,436
+2,402,125
| +164% | +$158M |
|
316
Marvell Technology
MRVL
$54.6B
| $253M | 0.06% |
5,843,252
+752,366
| +15% | +$32.6M |
|
317
Ulta Beauty
ULTA
$23.1B
| $253M | 0.06% |
463,412
+26,066
| +6% | +$14.2M |
|
318
Illumina
ILMN
$15.7B
| $252M | 0.06% |
1,113,405
-331,838
| -23% | -$75.1M |
|
319
Zimmer Biomet
ZBH
$20.9B
| $249M | 0.05% |
1,929,349
+113,892
| +6% | +$14.7M |
|
320
Coupang
CPNG
$52.7B
| $247M | 0.05% |
15,435,313
+2,193,690
| +17% | +$35.1M |
|
321
Hartford Financial Services
HIG
$37B
| $247M | 0.05% |
3,541,426
-119,636
| -3% | -$8.34M |
|
322
Consolidated Edison
ED
$35.4B
| $245M | 0.05% |
2,561,872
-777,178
| -23% | -$74.4M |
|
323
Thomson Reuters
TRI
$78.7B
| $245M | 0.05% |
1,812,408
+59,766
| +3% | +$8.07M |
|
|
VMW
324
DELISTED
VMware, Inc
VMW
| $244M | 0.05% |
1,955,297
+436,419
| +29% | +$54.5M |
|
325
Align Technology
ALGN
$10.1B
| $244M | 0.05% |
730,272
+15,754
| +2% | +$5.26M |
|