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 |
Alphabet (Google) Class C
GOOG
|
+$2.27B |
| 2 |
Shell
SHEL
|
+$668M |
| 3 |
S&P Global
SPGI
|
+$613M |
| 4 |
Thermo Fisher Scientific
TMO
|
+$548M |
| 5 |
Advanced Micro Devices
AMD
|
+$527M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$2.22B |
| 2 |
Chevron
CVX
|
+$1.39B |
| 3 |
Nucor
NUE
|
+$590M |
| 4 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
+$579M |
| 5 |
XLNX
Xilinx Inc
XLNX
|
+$487M |
Sector Composition
| 1 | Technology | 24.3% |
| 2 | Financials | 14.64% |
| 3 | Healthcare | 12.85% |
| 4 | Consumer Discretionary | 11.35% |
| 5 | Communication Services | 8.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
376
International Flavors & Fragrances
IFF
$16.7B
| $207M | 0.05% |
1,578,874
+940,964
| +148% | +$124M |
|
377
Markel Group
MKL
$24.4B
| $207M | 0.05% |
140,298
+12,058
| +9% | +$17.8M |
|
|
PBCT
378
DELISTED
People's United Financial Inc
PBCT
| $207M | 0.05% |
10,341,323
+6,059,331
| +142% | +$121M |
|
379
Logitech
LOGI
$15.9B
| $206M | 0.04% |
2,743,750
+1,408,656
| +106% | +$106M |
|
380
Keurig Dr Pepper
KDP
$37.5B
| $204M | 0.04% |
5,388,197
+45,156
| +0.8% | +$1.71M |
|
381
VeriSign
VRSN
$26.7B
| $203M | 0.04% |
911,581
+11,354
| +1% | +$2.53M |
|
382
Nasdaq
NDAQ
$54.4B
| $202M | 0.04% |
3,403,563
+208,638
| +7% | +$12.4M |
|
383
Arch Capital
ACGL
$33.4B
| $202M | 0.04% |
4,168,234
-1,458,487
| -26% | -$70.6M |
|
384
AGCO
AGCO
$8.03B
| $200M | 0.04% |
1,369,084
+241,881
| +21% | +$35.3M |
|
385
Lennar Class A
LEN
$35.6B
| $199M | 0.04% |
2,538,443
-193,994
| -7% | -$15.2M |
|
386
HubSpot
HUBS
$26.5B
| $199M | 0.04% |
419,901
+22,593
| +6% | +$10.7M |
|
387
The Mosaic Company
MOS
$10.2B
| $199M | 0.04% |
2,993,737
-1,037,637
| -26% | -$69M |
|
388
BioMarin Pharmaceuticals
BMRN
$10.7B
| $197M | 0.04% |
2,558,298
+208,758
| +9% | +$16.1M |
|
389
Cincinnati Financial
CINF
$24B
| $197M | 0.04% |
1,450,699
+2,287
| +0.2% | +$311K |
|
390
Molina Healthcare
MOH
$9.84B
| $197M | 0.04% |
591,189
+31,972
| +6% | +$10.7M |
|
391
McCormick & Company Non-Voting
MKC
$18.7B
| $194M | 0.04% |
1,939,827
-472,427
| -20% | -$47.1M |
|
392
Ulta Beauty
ULTA
$23B
| $193M | 0.04% |
484,884
-5,973
| -1% | -$2.38M |
|
393
Steris
STE
$24.5B
| $192M | 0.04% |
795,634
-18,432
| -2% | -$4.46M |
|
394
Teledyne Technologies
TDY
$25.5B
| $191M | 0.04% |
404,670
+5,507
| +1% | +$2.6M |
|
395
Monolithic Power Systems
MPWR
$41.1B
| $191M | 0.04% |
393,746
+2,793
| +0.7% | +$1.36M |
|
|
LSI
396
DELISTED
Life Storage, Inc.
LSI
| $191M | 0.04% |
1,358,140
| – | – |
|
397
Zebra Technologies
ZBRA
$15.9B
| $189M | 0.04% |
457,799
+9,331
| +2% | +$3.86M |
|
|
HPP
398
Hudson Pacific Properties
HPP
$1.11B
| $189M | 0.04% |
6,794,266
-2,362,660
| -26% | -$65.6M |
|
399
NetApp
NTAP
$24.6B
| $186M | 0.04% |
2,245,742
+22,081
| +1% | +$1.83M |
|
400
Teradyne
TER
$18.3B
| $186M | 0.04% |
1,574,167
-41,370
| -3% | -$4.89M |
|