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 | |
|---|---|---|---|---|---|---|
351
Open Text
OTEX
$8.59B
| $131M | 0.05% |
2,670,987
+315,293
| +13% | +$15.5M |
|
352
BioMarin Pharmaceuticals
BMRN
$10.7B
| $131M | 0.05% |
1,553,298
-199,543
| -11% | -$16.9M |
|
353
Celanese
CE
$5.09B
| $131M | 0.05% |
1,780,200
+791,146
| +80% | +$58.1M |
|
|
KSU
354
DELISTED
Kansas City Southern
KSU
| $130M | 0.05% |
1,020,491
-21,743
| -2% | -$2.77M |
|
355
Equifax
EFX
$31.2B
| $129M | 0.05% |
1,081,493
-16,000
| -1% | -$1.91M |
|
356
Agnico Eagle Mines
AEM
$77.5B
| $129M | 0.05% |
2,300,722
+69,242
| +3% | +$3.87M |
|
357
Steris
STE
$24.5B
| $128M | 0.05% |
915,321
+15,247
| +2% | +$2.13M |
|
358
Teleflex
TFX
$5.75B
| $128M | 0.05% |
437,094
+14,092
| +3% | +$4.13M |
|
359
Entergy
ETR
$38.8B
| $127M | 0.05% |
2,697,470
-145,068
| -5% | -$6.82M |
|
360
International Paper
IP
$25B
| $126M | 0.05% |
4,291,001
| – | – |
|
361
Check Point Software Technologies
CHKP
$21.1B
| $126M | 0.05% |
1,257,772
| – | – |
|
362
McCormick & Company Non-Voting
MKC
$18.8B
| $126M | 0.04% |
1,783,228
-204,422
| -10% | -$14.4M |
|
363
Western Digital
WDC
$32.8B
| $125M | 0.04% |
3,973,771
-41,817
| -1% | -$1.32M |
|
364
W.W. Grainger
GWW
$47.7B
| $125M | 0.04% |
502,872
| – | – |
|
365
Leidos
LDOS
$22.9B
| $125M | 0.04% |
1,361,762
+16,706
| +1% | +$1.53M |
|
366
Liberty Broadband Class A
LBRDA
$8.63B
| $124M | 0.04% |
1,155,721
+495,149
| +75% | +$53M |
|
367
J.M. Smucker
SJM
$11.8B
| $123M | 0.04% |
1,107,983
+27,695
| +3% | +$3.07M |
|
368
Qorvo
QRVO
$8.5B
| $123M | 0.04% |
1,524,969
+78,954
| +5% | +$6.37M |
|
369
NetApp
NTAP
$24.2B
| $122M | 0.04% |
2,935,662
-9,501
| -0.3% | -$396K |
|
370
Labcorp
LH
$23B
| $122M | 0.04% |
1,126,242
| – | – |
|
371
Healthpeak Properties
DOC
$12.7B
| $122M | 0.04% |
5,121,585
| – | – |
|
372
BCE
BCE
$22.7B
| $122M | 0.04% |
2,975,530
-90,032
| -3% | -$3.7M |
|
373
Arista Networks
ANET
$178B
| $121M | 0.04% |
9,579,824
| – | – |
|
374
Ingersoll Rand
IR
$31.9B
| $121M | 0.04% |
4,870,815
+2,784,805
| +133% | +$69.1M |
|
375
Fifth Third Bancorp
FITB
$30.1B
| $120M | 0.04% |
8,069,380
-32,456
| -0.4% | -$482K |
|