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 |
Alcon
ALC
|
$635M |
| 2 |
Alexandria Real Estate Equities
ARE
|
$477M |
| 3 |
Dow Inc
DOW
|
$359M |
| 4 |
UBS Group
UBS
|
$238M |
| 5 |
Uber
UBER
|
$183M |
Top Sells
| 1 |
Ameriprise Financial
AMP
|
$281M |
| 2 |
Johnson Controls International
JCI
|
$235M |
| 3 |
Linde
LIN
|
$211M |
| 4 |
Baxter International
BAX
|
$203M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$113M |
Sector Composition
| 1 | Technology | 18.07% |
| 2 | Financials | 16.91% |
| 3 | Healthcare | 13.48% |
| 4 | Consumer Discretionary | 11.5% |
| 5 | Communication Services | 9.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
326
SBA Communications
SBAC
$20.6B
| $177M | 0.05% |
787,195
-68,202
| -8% | -$15.3M |
|
327
Incyte
INCY
$16.8B
| $177M | 0.05% |
2,079,402
-125,143
| -6% | -$10.6M |
|
328
Corteva
CTVA
$49.2B
| $177M | 0.05% |
+5,972,005
| New | +$177M |
|
329
CoStar Group
CSGP
$37.5B
| $177M | 0.05% |
3,186,430
| – | – |
|
330
Fox Class B
FOX
$25.3B
| $176M | 0.05% |
4,807,679
-130,804
| -3% | -$4.78M |
|
331
Yum China
YUMC
$16.3B
| $174M | 0.05% |
3,768,773
+138,920
| +4% | +$6.42M |
|
332
Essex Property Trust
ESS
$17.1B
| $172M | 0.05% |
590,219
+7,640
| +1% | +$2.23M |
|
|
CXO
333
DELISTED
CONCHO RESOURCES INC.
CXO
| $172M | 0.05% |
1,662,393
| – | – |
|
334
IAC Inc
IAC
$2.92B
| $170M | 0.05% |
4,383,342
| – | – |
|
335
Deutsche Bank
DB
$67.8B
| $170M | 0.05% |
22,069,070
| – | – |
|
336
CDW
CDW
$21.9B
| $170M | 0.05% |
1,534,160
+55,699
| +4% | +$6.18M |
|
337
International Paper
IP
$25.1B
| $170M | 0.05% |
4,139,640
| – | – |
|
338
Teck Resources
TECK
$17.1B
| $170M | 0.05% |
7,333,075
-221,297
| -3% | -$5.12M |
|
|
MXIM
339
DELISTED
Maxim Integrated Products
MXIM
| $169M | 0.05% |
2,828,998
+18,635
| +0.7% | +$1.11M |
|
340
Fortis
FTS
$24.6B
| $169M | 0.05% |
4,267,768
-59,520
| -1% | -$2.36M |
|
341
Hewlett Packard
HPE
$30.8B
| $168M | 0.05% |
11,222,868
-344,759
| -3% | -$5.15M |
|
|
PARA
342
DELISTED
Paramount Global Class B
PARA
| $167M | 0.05% |
3,345,520
-585,555
| -15% | -$29.2M |
|
|
HES
343
DELISTED
Hess
HES
| $166M | 0.05% |
2,617,670
| – | – |
|
344
Principal Financial Group
PFG
$17.7B
| $166M | 0.05% |
2,859,125
| – | – |
|
345
Labcorp
LH
$22.9B
| $165M | 0.05% |
1,111,809
| – | – |
|
346
Hershey
HSY
$38B
| $165M | 0.05% |
1,228,251
-101,310
| -8% | -$13.6M |
|
347
Diamondback Energy
FANG
$39.8B
| $164M | 0.05% |
1,501,411
-19,319
| -1% | -$2.11M |
|
348
Regions Financial
RF
$24.1B
| $163M | 0.05% |
10,938,881
| – | – |
|
349
Entergy
ETR
$38.7B
| $163M | 0.05% |
3,174,866
-173,346
| -5% | -$8.92M |
|
350
Nucor
NUE
$33.1B
| $163M | 0.05% |
2,960,236
-106,879
| -3% | -$5.89M |
|