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 | |
|---|---|---|---|---|---|---|
476
Neurocrine Biosciences
NBIX
$14.3B
| $105M | 0.03% |
856,611
| – | – |
|
|
VIAB
477
DELISTED
Viacom Inc. Class B
VIAB
| $105M | 0.03% |
3,107,337
+445,436
| +17% | +$15M |
|
478
Lamb Weston
LW
$8.02B
| $105M | 0.03% |
1,572,866
+143,253
| +10% | +$9.54M |
|
|
BKI
479
DELISTED
Black Knight, Inc. Common Stock
BKI
| $105M | 0.03% |
2,012,166
| – | – |
|
480
Nektar Therapeutics
NKTR
$924M
| $104M | 0.03% |
113,871
+4,323
| +4% | +$3.95M |
|
481
Alexandria Real Estate Equities
ARE
$14.6B
| $104M | 0.03% |
827,512
| – | – |
|
482
Delta Air Lines
DAL
$39.6B
| $104M | 0.03% |
1,798,822
-694,012
| -28% | -$40.1M |
|
483
Martin Marietta Materials
MLM
$37.8B
| $104M | 0.03% |
570,614
+11,875
| +2% | +$2.16M |
|
484
Jack Henry & Associates
JKHY
$11.9B
| $104M | 0.03% |
648,123
+26,932
| +4% | +$4.31M |
|
485
BioMarin Pharmaceuticals
BMRN
$10.7B
| $104M | 0.03% |
1,069,742
+109,408
| +11% | +$10.6M |
|
486
Steris
STE
$24.5B
| $103M | 0.03% |
904,516
-8,810
| -1% | -$1.01M |
|
487
Vulcan Materials
VMC
$39.5B
| $103M | 0.03% |
929,341
-81
| -0% | -$9.01K |
|
488
Pembina Pipeline
PBA
$22.1B
| $103M | 0.03% |
3,039,146
+115,007
| +4% | +$3.91M |
|
489
Restaurant Brands International
QSR
$20.3B
| $103M | 0.03% |
1,741,541
-334,864
| -16% | -$19.8M |
|
490
Burlington
BURL
$18.3B
| $103M | 0.03% |
632,631
| – | – |
|
|
ATH
491
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $103M | 0.03% |
1,995,032
-101,074
| -5% | -$5.22M |
|
492
Leidos
LDOS
$22.9B
| $103M | 0.03% |
1,488,115
| – | – |
|
493
J.M. Smucker
SJM
$11.8B
| $102M | 0.03% |
998,059
-83,493
| -8% | -$8.57M |
|
|
DRE
494
DELISTED
Duke Realty Corp.
DRE
| $102M | 0.03% |
3,608,839
| – | – |
|
495
Gartner
IT
$18.7B
| $102M | 0.03% |
645,503
| – | – |
|
496
Air Products & Chemicals
APD
$64.3B
| $102M | 0.03% |
609,552
-11,376
| -2% | -$1.9M |
|
497
IDEX
IEX
$12.4B
| $101M | 0.03% |
671,537
+55,785
| +9% | +$8.4M |
|
498
Amdocs
DOX
$9.44B
| $101M | 0.03% |
1,532,261
-29,471
| -2% | -$1.94M |
|
499
BorgWarner
BWA
$9.45B
| $101M | 0.03% |
2,676,131
-305,599
| -10% | -$11.5M |
|
500
Cincinnati Financial
CINF
$24B
| $101M | 0.03% |
1,309,151
-33,802
| -3% | -$2.6M |
|