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
|
$1.45B |
| 2 |
Broadcom
AVGO
|
$1.33B |
| 3 |
Bank of America
BAC
|
$1.02B |
| 4 |
Amazon
AMZN
|
$818M |
| 5 |
Simon Property Group
SPG
|
$802M |
Top Sells
| 1 |
ATVI
Activision Blizzard Inc.
ATVI
|
$1.2B |
| 2 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
$822M |
| 3 |
Kenvue
KVUE
|
$552M |
| 4 |
SGEN
Seagen Inc. Common Stock
SGEN
|
$542M |
| 5 |
RTX Corp
RTX
|
$533M |
Sector Composition
| 1 | Technology | 28.38% |
| 2 | Financials | 13.95% |
| 3 | Healthcare | 11.94% |
| 4 | Consumer Discretionary | 11.37% |
| 5 | Communication Services | 8.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
476
J.M. Smucker
SJM
$11.8B
| $157M | 0.03% |
1,242,898
+79,597
| +7% | +$10.1M |
|
477
Avantor
AVTR
$8.91B
| $156M | 0.03% |
6,853,034
+236,441
| +4% | +$5.4M |
|
478
Icon
ICLR
$13.8B
| $155M | 0.03% |
548,196
-108,747
| -17% | -$30.8M |
|
479
TopBuild
BLD
$12.2B
| $155M | 0.03% |
414,105
+171,373
| +71% | +$64.1M |
|
480
Emcor
EME
$27.8B
| $154M | 0.03% |
713,638
+75,998
| +12% | +$16.4M |
|
481
Graco
GGG
$14.2B
| $153M | 0.03% |
1,762,805
+35,319
| +2% | +$3.06M |
|
482
Williams-Sonoma
WSM
$24.8B
| $153M | 0.03% |
1,514,946
+212,034
| +16% | +$21.4M |
|
483
Unilever
UL
$157B
| $151M | 0.03% |
3,120,106
+20,300
| +0.7% | +$984K |
|
484
Western Digital
WDC
$32.1B
| $151M | 0.03% |
3,813,581
+178,410
| +5% | +$7.06M |
|
485
Okta
OKTA
$16.2B
| $151M | 0.03% |
1,665,684
+90,629
| +6% | +$8.2M |
|
486
PotlatchDeltic
PCH
$3.25B
| $151M | 0.03% |
3,066,335
-34,321
| -1% | -$1.69M |
|
487
Kimco Realty
KIM
$15.2B
| $150M | 0.03% |
7,054,228
+316,179
| +5% | +$6.74M |
|
488
Kellanova
K
$27.6B
| $150M | 0.03% |
2,686,179
+934,643
| +53% | +$52.3M |
|
489
Littelfuse
LFUS
$6.5B
| $150M | 0.03% |
560,636
+12,138
| +2% | +$3.25M |
|
490
Eversource Energy
ES
$23.3B
| $150M | 0.03% |
2,428,807
+8,536
| +0.4% | +$527K |
|
491
Enphase Energy
ENPH
$4.99B
| $149M | 0.03% |
1,130,812
-133,423
| -11% | -$17.6M |
|
492
Dynatrace
DT
$14.7B
| $149M | 0.03% |
2,715,582
+418,825
| +18% | +$22.9M |
|
493
State Street
STT
$31.8B
| $147M | 0.03% |
1,903,186
-312,006
| -14% | -$24.2M |
|
494
Grab
GRAB
$21.1B
| $147M | 0.03% |
43,618,723
+16,544,169
| +61% | +$55.8M |
|
495
Manhattan Associates
MANH
$13.1B
| $147M | 0.03% |
682,630
-28,895
| -4% | -$6.22M |
|
496
AerCap
AER
$22B
| $146M | 0.03% |
1,963,819
+442,656
| +29% | +$32.9M |
|
497
Snap-on
SNA
$17.1B
| $146M | 0.03% |
504,309
+9,487
| +2% | +$2.74M |
|
498
Burlington
BURL
$18.3B
| $145M | 0.03% |
748,000
+63,960
| +9% | +$12.4M |
|
499
AstraZeneca
AZN
$251B
| $144M | 0.03% |
2,138,070
-933,910
| -30% | -$62.9M |
|
500
Hubbell
HUBB
$23.2B
| $143M | 0.03% |
434,817
-66,780
| -13% | -$22M |
|