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 |
Microsoft
MSFT
|
$864M |
| 2 |
UBS Group
UBS
|
$761M |
| 3 |
Apple
AAPL
|
$743M |
| 4 |
JPMorgan Chase
JPM
|
$590M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$539M |
Top Sells
| 1 |
Bank of America
BAC
|
$703M |
| 2 |
Oracle
ORCL
|
$535M |
| 3 |
T-Mobile US
TMUS
|
$390M |
| 4 |
Meta Platforms (Facebook)
META
|
$298M |
| 5 |
GE Aerospace
GE
|
$274M |
Sector Composition
| 1 | Technology | 26.13% |
| 2 | Financials | 13.76% |
| 3 | Healthcare | 13.71% |
| 4 | Consumer Discretionary | 10.81% |
| 5 | Communication Services | 7.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
426
Bunge Global
BG
$16.8B
| $163M | 0.04% |
1,704,492
-161,226
| -9% | -$15.4M |
|
427
Magna International
MGA
$12.9B
| $163M | 0.04% |
3,037,447
+42,082
| +1% | +$2.25M |
|
428
Kroger
KR
$45B
| $162M | 0.04% |
3,280,273
-221,878
| -6% | -$11M |
|
429
Atlassian
TEAM
$44.7B
| $161M | 0.04% |
940,145
-136,239
| -13% | -$23.3M |
|
430
Icon
ICLR
$13.9B
| $158M | 0.03% |
739,435
+36,767
| +5% | +$7.85M |
|
431
Conagra Brands
CAG
$9.3B
| $158M | 0.03% |
4,195,913
-16,084
| -0.4% | -$604K |
|
432
MarketAxess Holdings
MKTX
$6.96B
| $158M | 0.03% |
402,687
+5,986
| +2% | +$2.34M |
|
433
Royalty Pharma
RPRX
$15.3B
| $157M | 0.03% |
4,367,708
+551,351
| +14% | +$19.9M |
|
434
Best Buy
BBY
$16.2B
| $156M | 0.03% |
1,992,353
-16,381
| -0.8% | -$1.28M |
|
435
NetApp
NTAP
$23.8B
| $154M | 0.03% |
2,416,377
+112,304
| +5% | +$7.17M |
|
436
MGM Resorts International
MGM
$9.92B
| $153M | 0.03% |
3,452,780
-1,495,981
| -30% | -$66.5M |
|
|
SJR
437
DELISTED
Shaw Communications Inc.
SJR
| $153M | 0.03% |
5,106,377
-419,764
| -8% | -$12.6M |
|
438
Axon Enterprise
AXON
$58.7B
| $152M | 0.03% |
676,265
+56,005
| +9% | +$12.6M |
|
439
Allstate
ALL
$52.8B
| $152M | 0.03% |
1,370,431
-37,129
| -3% | -$4.11M |
|
440
Fifth Third Bancorp
FITB
$29.8B
| $151M | 0.03% |
5,683,199
+16,527
| +0.3% | +$440K |
|
441
Everest Group
EG
$14.2B
| $151M | 0.03% |
421,396
+7,182
| +2% | +$2.57M |
|
442
Quest Diagnostics
DGX
$20.4B
| $150M | 0.03% |
1,058,389
+52,174
| +5% | +$7.38M |
|
|
SWAV
443
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $150M | 0.03% |
689,681
+179,093
| +35% | +$38.8M |
|
444
Ball Corp
BALL
$13.8B
| $149M | 0.03% |
2,708,811
-12,917
| -0.5% | -$712K |
|
445
Steris
STE
$24.4B
| $148M | 0.03% |
774,884
-58,403
| -7% | -$11.2M |
|
446
Zebra Technologies
ZBRA
$16B
| $148M | 0.03% |
464,436
+39,638
| +9% | +$12.6M |
|
447
Brown & Brown
BRO
$31.3B
| $147M | 0.03% |
2,567,015
+77,262
| +3% | +$4.44M |
|
448
PotlatchDeltic
PCH
$3.24B
| $147M | 0.03% |
2,965,233
+22,127
| +0.8% | +$1.1M |
|
|
JBGS
449
JBG SMITH
JBGS
$1.39B
| $143M | 0.03% |
9,511,124
| – | – |
|
450
CMS Energy
CMS
$21.2B
| $143M | 0.03% |
2,323,976
+505,982
| +28% | +$31.1M |
|