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 |
Walmart
WMT
|
+$459M |
| 2 |
RDS.B
Royal Dutch Shell PLC ADS Class B
RDS.B
|
+$401M |
| 3 |
Amazon
AMZN
|
+$399M |
| 4 |
Tesla
TSLA
|
+$368M |
| 5 |
T-Mobile US
TMUS
|
+$295M |
Top Sells
| 1 |
Apple
AAPL
|
+$939M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$434M |
| 3 |
Linde
LIN
|
+$277M |
| 4 |
Blackrock
BLK
|
+$232M |
| 5 |
Suncor Energy
SU
|
+$176M |
Sector Composition
| 1 | Technology | 21.18% |
| 2 | Healthcare | 14.75% |
| 3 | Financials | 14.39% |
| 4 | Consumer Discretionary | 11.88% |
| 5 | Communication Services | 9.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
326
PPL Corp
PPL
$26.4B
| $142M | 0.05% |
5,763,877
-17,149
| -0.3% | -$423K |
|
327
Hormel Foods
HRL
$14B
| $142M | 0.05% |
3,047,981
+377,443
| +14% | +$17.6M |
|
328
Old Dominion Freight Line
ODFL
$31.2B
| $142M | 0.05% |
2,164,998
-15,642
| -0.7% | -$1.03M |
|
329
MarketAxess Holdings
MKTX
$7.03B
| $141M | 0.05% |
425,050
+4,185
| +1% | +$1.39M |
|
330
IAC Inc
IAC
$2.88B
| $140M | 0.05% |
4,383,342
| – | – |
|
|
MXIM
331
DELISTED
Maxim Integrated Products
MXIM
| $140M | 0.05% |
2,882,142
| – | – |
|
332
Marvell Technology
MRVL
$57.6B
| $140M | 0.05% |
6,189,170
+606,418
| +11% | +$13.7M |
|
333
Incyte
INCY
$16.7B
| $139M | 0.05% |
1,901,835
-147,197
| -7% | -$10.8M |
|
334
Atlassian
TEAM
$47.8B
| $139M | 0.05% |
1,013,896
+93,997
| +10% | +$12.9M |
|
335
Brown-Forman Class B
BF.B
$13B
| $138M | 0.05% |
2,494,858
+107,370
| +4% | +$5.96M |
|
336
Conagra Brands
CAG
$9.3B
| $138M | 0.05% |
4,705,930
+25,778
| +0.6% | +$756K |
|
337
Align Technology
ALGN
$9.85B
| $138M | 0.05% |
793,478
-58,892
| -7% | -$10.2M |
|
338
RingCentral
RNG
$2.88B
| $137M | 0.05% |
646,909
+43,410
| +7% | +$9.2M |
|
339
Cintas
CTAS
$81.4B
| $137M | 0.05% |
3,161,528
-121,340
| -4% | -$5.25M |
|
340
Church & Dwight Co
CHD
$23.1B
| $136M | 0.05% |
2,123,187
+59,222
| +3% | +$3.8M |
|
341
CBRE Group
CBRE
$48.2B
| $136M | 0.05% |
3,608,578
+28,509
| +0.8% | +$1.08M |
|
342
TransDigm Group
TDG
$73.9B
| $135M | 0.05% |
422,069
+16,090
| +4% | +$5.15M |
|
343
DocuSign
DOCU
$16B
| $135M | 0.05% |
1,457,153
+391,377
| +37% | +$36.2M |
|
344
Take-Two Interactive
TTWO
$45.7B
| $134M | 0.05% |
1,129,581
-24,519
| -2% | -$2.91M |
|
345
ZTO Express
ZTO
$15.3B
| $133M | 0.05% |
5,015,395
+578,704
| +13% | +$15.3M |
|
346
PACCAR
PCAR
$51.2B
| $132M | 0.05% |
3,241,683
-2,127,411
| -40% | -$86.7M |
|
|
DRE
347
DELISTED
Duke Realty Corp.
DRE
| $132M | 0.05% |
4,076,008
| – | – |
|
348
Cooper Companies
COO
$13.6B
| $132M | 0.05% |
1,914,324
+3,052
| +0.2% | +$210K |
|
349
Tetra Tech
TTEK
$9.22B
| $132M | 0.05% |
9,320,415
| – | – |
|
350
Trip.com Group
TCOM
$47.3B
| $132M | 0.05% |
5,612,670
+143,660
| +3% | +$3.37M |
|