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 | |
|---|---|---|---|---|---|---|
476
Bio-Techne
TECH
$8.42B
| $128M | 0.03% |
1,726,327
+79,505
| +5% | +$5.9M |
|
477
Brown-Forman Class B
BF.B
$13B
| $128M | 0.03% |
1,991,987
+56,097
| +3% | +$3.61M |
|
478
Pinnacle West Capital
PNW
$10.5B
| $128M | 0.03% |
1,610,365
+241,789
| +18% | +$19.2M |
|
479
Booz Allen Hamilton
BAH
$12.5B
| $128M | 0.03% |
1,376,487
-149,536
| -10% | -$13.9M |
|
480
Essential Utilities
WTRG
$10.8B
| $127M | 0.03% |
2,917,710
-1,408,566
| -33% | -$61.5M |
|
481
GoDaddy
GDDY
$20.5B
| $127M | 0.03% |
1,636,451
+82,015
| +5% | +$6.37M |
|
482
Okta
OKTA
$16.3B
| $127M | 0.03% |
1,474,413
+24,634
| +2% | +$2.12M |
|
483
Spotify
SPOT
$148B
| $126M | 0.03% |
944,447
-613,838
| -39% | -$82M |
|
484
RPM International
RPM
$16.4B
| $126M | 0.03% |
1,443,966
+302,613
| +27% | +$26.4M |
|
485
Avantor
AVTR
$8.95B
| $125M | 0.03% |
5,929,211
+292,479
| +5% | +$6.18M |
|
486
Corpay
CPAY
$22B
| $125M | 0.03% |
593,365
-143,608
| -19% | -$30.3M |
|
487
BCE
BCE
$22.7B
| $124M | 0.03% |
2,765,458
+91,435
| +3% | +$4.1M |
|
488
Graco
GGG
$14.2B
| $124M | 0.03% |
1,693,595
-32,779
| -2% | -$2.39M |
|
489
Toro Company
TTC
$7.96B
| $122M | 0.03% |
1,101,391
+58,133
| +6% | +$6.46M |
|
490
TFI International
TFII
$7.9B
| $122M | 0.03% |
1,024,471
+100,557
| +11% | +$12M |
|
491
The Mosaic Company
MOS
$10.3B
| $122M | 0.03% |
2,663,806
-257,137
| -9% | -$11.8M |
|
492
Packaging Corp of America
PKG
$19.4B
| $122M | 0.03% |
879,425
-49,564
| -5% | -$6.88M |
|
493
Amdocs
DOX
$9.44B
| $122M | 0.03% |
1,269,194
+26,841
| +2% | +$2.58M |
|
494
TransUnion
TRU
$18.2B
| $122M | 0.03% |
1,958,373
-149,463
| -7% | -$9.29M |
|
495
Corebridge Financial
CRBG
$18.1B
| $121M | 0.03% |
7,570,077
+1,816,849
| +32% | +$29.1M |
|
496
SolarEdge
SEDG
$1.99B
| $121M | 0.03% |
398,063
-9,402
| -2% | -$2.86M |
|
497
Trimble
TRMB
$19.3B
| $121M | 0.03% |
2,302,975
-919,543
| -29% | -$48.2M |
|
498
Kellanova
K
$27.6B
| $120M | 0.03% |
1,913,078
-55,210
| -3% | -$3.47M |
|
499
Open Text
OTEX
$8.59B
| $120M | 0.03% |
3,108,881
+177,683
| +6% | +$6.85M |
|
500
Algonquin Power & Utilities
AQN
$4.32B
| $119M | 0.03% |
14,230,566
-2,254,795
| -14% | -$18.9M |
|