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 A
GOOGL
|
+$196M |
| 2 |
Meta Platforms (Facebook)
META
|
+$184M |
| 3 |
AT&T
T
|
+$181M |
| 4 |
T-Mobile US
TMUS
|
+$142M |
| 5 |
NIO
NIO
|
+$138M |
Top Sells
| 1 |
GGP
GGP Inc.
GGP
|
+$606M |
| 2 |
Oracle
ORCL
|
+$212M |
| 3 |
Wells Fargo
WFC
|
+$190M |
| 4 |
UBS Group
UBS
|
+$187M |
| 5 |
Berkshire Hathaway Class A
BRK.A
|
+$159M |
Sector Composition
| 1 | Technology | 17.98% |
| 2 | Financials | 17.19% |
| 3 | Healthcare | 13.99% |
| 4 | Consumer Discretionary | 11.37% |
| 5 | Communication Services | 9.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
401
Cheniere Energy
LNG
$51.9B
| $129M | 0.04% |
1,855,187
| – | – |
|
|
SIVB
402
DELISTED
SVB Financial Group
SIVB
| $128M | 0.04% |
411,191
+22,191
| +6% | +$6.9M |
|
403
IQVIA
IQV
$32.2B
| $127M | 0.04% |
982,180
-7,995
| -0.8% | -$1.04M |
|
404
Equifax
EFX
$30.9B
| $127M | 0.04% |
975,356
+55,550
| +6% | +$7.25M |
|
|
CA
405
DELISTED
CA, Inc.
CA
| $127M | 0.04% |
2,877,997
| – | – |
|
|
NBL
406
DELISTED
Noble Energy, Inc.
NBL
| $127M | 0.04% |
4,067,196
+713,757
| +21% | +$22.3M |
|
407
Markel Group
MKL
$24.4B
| $127M | 0.04% |
106,678
+1,562
| +1% | +$1.86M |
|
408
Celanese
CE
$4.91B
| $127M | 0.04% |
1,110,416
-800,000
| -42% | -$91.2M |
|
409
Tetra Tech
TTEK
$9.2B
| $126M | 0.04% |
9,256,380
-700,000
| -7% | -$9.56M |
|
410
Fortinet
FTNT
$61.3B
| $126M | 0.04% |
6,847,130
+2,860,820
| +72% | +$52.8M |
|
411
MGM Resorts International
MGM
$9.81B
| $126M | 0.04% |
4,520,866
+27,774
| +0.6% | +$775K |
|
412
Yum China
YUMC
$16.3B
| $126M | 0.04% |
3,591,179
| – | – |
|
413
Liberty Media Series C
FWONK
$25.4B
| $126M | 0.04% |
3,496,293
| – | – |
|
414
Hershey
HSY
$38.1B
| $125M | 0.04% |
1,222,413
| – | – |
|
|
ETFC
415
DELISTED
E*Trade Financial Corporation
ETFC
| $125M | 0.04% |
2,377,760
| – | – |
|
416
NOV
NOV
$4.87B
| $124M | 0.04% |
2,884,943
+81,532
| +3% | +$3.51M |
|
417
ResMed
RMD
$41B
| $124M | 0.04% |
1,074,715
| – | – |
|
418
Expeditors International
EXPD
$16.4B
| $124M | 0.04% |
1,680,794
-60,169
| -3% | -$4.42M |
|
419
CDW
CDW
$22.1B
| $123M | 0.04% |
1,378,725
+45,864
| +3% | +$4.08M |
|
420
Mercado Libre
MELI
$120B
| $122M | 0.04% |
359,239
-37,884
| -10% | -$12.9M |
|
|
DISCK
421
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $122M | 0.04% |
4,125,953
+103,412
| +3% | +$3.06M |
|
422
United Rentals
URI
$60.8B
| $122M | 0.04% |
743,076
-6,488
| -0.9% | -$1.06M |
|
|
KSU
423
DELISTED
Kansas City Southern
KSU
| $121M | 0.04% |
1,069,387
| – | – |
|
|
LLL
424
DELISTED
L3 Technologies, Inc.
LLL
| $121M | 0.04% |
568,595
| – | – |
|
425
Universal Health Services
UHS
$11.8B
| $121M | 0.04% |
944,768
+24,397
| +3% | +$3.12M |
|