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 |
QuantumScape
QS
|
+$549M |
| 2 |
Meta Platforms (Facebook)
META
|
+$443M |
| 3 |
Unilever
UL
|
+$365M |
| 4 |
Morgan Stanley
MS
|
+$335M |
| 5 |
T-Mobile US
TMUS
|
+$256M |
Top Sells
| 1 |
American International
AIG
|
+$389M |
| 2 |
UN
Unilever NV New York Registry Shares
UN
|
+$368M |
| 3 |
Lear
LEA
|
+$304M |
| 4 |
3M
MMM
|
+$286M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$278M |
Sector Composition
| 1 | Technology | 23.45% |
| 2 | Consumer Discretionary | 14.21% |
| 3 | Financials | 13.77% |
| 4 | Healthcare | 12.84% |
| 5 | Communication Services | 10.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
426
Incyte
INCY
$16.8B
| $163M | 0.04% |
1,877,425
+585
| +0% | +$50.9K |
|
427
Teradyne
TER
$18.5B
| $163M | 0.04% |
1,361,940
-581,457
| -30% | -$69.7M |
|
428
TransUnion
TRU
$17.7B
| $163M | 0.04% |
1,644,041
| – | – |
|
429
Agnico Eagle Mines
AEM
$76.5B
| $163M | 0.04% |
2,312,651
-27,792
| -1% | -$1.96M |
|
430
Burlington
BURL
$17.6B
| $163M | 0.04% |
621,843
+15,180
| +3% | +$3.97M |
|
431
Enphase Energy
ENPH
$4.85B
| $162M | 0.04% |
923,732
-24,795
| -3% | -$4.35M |
|
|
BBL
432
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $162M | 0.04% |
3,055,000
+160,000
| +6% | +$8.48M |
|
433
Expeditors International
EXPD
$16.4B
| $161M | 0.04% |
1,696,466
-59,166
| -3% | -$5.63M |
|
434
Graphic Packaging
GPK
$6.07B
| $161M | 0.04% |
9,481,728
+2,771,432
| +41% | +$46.9M |
|
435
MGM Resorts International
MGM
$9.78B
| $160M | 0.04% |
5,086,820
+306,133
| +6% | +$9.65M |
|
436
NetApp
NTAP
$24.5B
| $159M | 0.04% |
2,402,076
-258,275
| -10% | -$17.1M |
|
437
HubSpot
HUBS
$26.1B
| $158M | 0.04% |
397,998
-13,583
| -3% | -$5.38M |
|
438
Martin Marietta Materials
MLM
$37.1B
| $157M | 0.04% |
551,212
-5,835
| -1% | -$1.66M |
|
439
Nasdaq
NDAQ
$54.2B
| $156M | 0.04% |
3,526,275
-121,740
| -3% | -$5.39M |
|
440
Principal Financial Group
PFG
$17.7B
| $156M | 0.04% |
3,138,035
-90,319
| -3% | -$4.48M |
|
441
Restaurant Brands International
QSR
$20.2B
| $156M | 0.04% |
2,543,980
+151,349
| +6% | +$9.25M |
|
442
Franco-Nevada
FNV
$38B
| $155M | 0.04% |
1,235,728
-108,344
| -8% | -$13.6M |
|
443
Steris
STE
$24.1B
| $155M | 0.04% |
816,759
+1,932
| +0.2% | +$366K |
|
444
Ally Financial
ALLY
$12.6B
| $155M | 0.04% |
4,332,719
-68,656
| -2% | -$2.45M |
|
445
Mid-America Apartment Communities
MAA
$16.7B
| $154M | 0.04% |
1,218,973
| – | – |
|
446
Invitation Homes
INVH
$18.4B
| $154M | 0.04% |
5,187,967
+439,828
| +9% | +$13.1M |
|
447
Ulta Beauty
ULTA
$23B
| $154M | 0.04% |
536,084
-22,029
| -4% | -$6.33M |
|
448
Cognex
CGNX
$7.43B
| $154M | 0.04% |
1,917,222
+208,643
| +12% | +$16.8M |
|
449
Royal Caribbean
RCL
$92B
| $154M | 0.04% |
2,060,497
+132,075
| +7% | +$9.86M |
|
450
Cencora
COR
$57.5B
| $153M | 0.04% |
1,566,194
-128,390
| -8% | -$12.6M |
|