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 |
Broadcom
AVGO
|
+$487M |
| 2 |
Aptiv
APTV
|
+$362M |
| 3 |
LyondellBasell Industries
LYB
|
+$338M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$284M |
| 5 |
NXP Semiconductors
NXPI
|
+$204M |
Top Sells
| 1 |
EMC
EMC CORPORATION
EMC
|
+$479M |
| 2 |
Duke Energy
DUK
|
+$392M |
| 3 |
Verizon
VZ
|
+$242M |
| 4 |
Crown Castle
CCI
|
+$174M |
| 5 |
HOT
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
|
+$167M |
Sector Composition
| 1 | Financials | 17.63% |
| 2 | Technology | 14.6% |
| 3 | Healthcare | 13.9% |
| 4 | Consumer Discretionary | 9.72% |
| 5 | Industrials | 8.88% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
501
United Airlines
UAL
$34.8B
| $74.5M | 0.04% |
1,487,071
+107,770
| +8% | +$5.4M |
|
502
Ally Financial
ALLY
$12.7B
| $74.2M | 0.04% |
3,987,659
-211,444
| -5% | -$3.93M |
|
|
WP
503
DELISTED
Worldpay, Inc.
WP
| $73.9M | 0.03% |
1,374,587
-96,559
| -7% | -$5.19M |
|
504
Southwest Airlines
LUV
$16.3B
| $73.8M | 0.03% |
1,986,850
-486,633
| -20% | -$18.1M |
|
505
Broadridge
BR
$29.3B
| $73.7M | 0.03% |
1,138,735
-95,512
| -8% | -$6.18M |
|
|
TSS
506
DELISTED
Total System Services, Inc.
TSS
| $73.4M | 0.03% |
1,628,791
| – | – |
|
507
UGI
UGI
$7.38B
| $73M | 0.03% |
1,689,230
+30,652
| +2% | +$1.32M |
|
508
Avery Dennison
AVY
$12.8B
| $72.8M | 0.03% |
980,433
+95,878
| +11% | +$7.12M |
|
509
International Flavors & Fragrances
IFF
$16.5B
| $72.6M | 0.03% |
531,820
-6,338
| -1% | -$865K |
|
510
MSCI
MSCI
$43.6B
| $72M | 0.03% |
898,424
-35,632
| -4% | -$2.86M |
|
|
SJR
511
DELISTED
Shaw Communications Inc.
SJR
| $71.9M | 0.03% |
3,684,391
-371,024
| -9% | -$7.24M |
|
512
AXIS Capital
AXS
$7.59B
| $71.8M | 0.03% |
1,384,463
+17,988
| +1% | +$933K |
|
513
ResMed
RMD
$39.6B
| $71.7M | 0.03% |
1,158,660
+140,724
| +14% | +$8.71M |
|
|
WWAV
514
DELISTED
The WhiteWave Foods Company
WWAV
| $71.4M | 0.03% |
1,373,181
+526,832
| +62% | +$27.4M |
|
515
Arthur J. Gallagher & Co
AJG
$75.2B
| $70.5M | 0.03% |
1,451,491
+10,057
| +0.7% | +$489K |
|
516
Packaging Corp of America
PKG
$19.2B
| $70M | 0.03% |
902,153
-33,228
| -4% | -$2.58M |
|
517
Cooper Companies
COO
$13.5B
| $69.9M | 0.03% |
1,633,720
| – | – |
|
518
Hasbro
HAS
$10.9B
| $69.9M | 0.03% |
922,903
-132,538
| -13% | -$10M |
|
519
Stellantis
STLA
$25.3B
| $69.8M | 0.03% |
11,495,974
+3,632,886
| +46% | +$22M |
|
520
Sealed Air
SEE
$4.83B
| $69.7M | 0.03% |
1,592,936
+94,097
| +6% | +$4.12M |
|
521
Under Armour Class C
UA
$2.09B
| $69.5M | 0.03% |
2,150,297
-1,955
| -0.1% | -$63.2K |
|
522
Open Text
OTEX
$8.93B
| $69.4M | 0.03% |
2,248,832
+31,602
| +1% | +$976K |
|
523
W.R. Berkley
WRB
$27.4B
| $69.2M | 0.03% |
4,231,234
+90,652
| +2% | +$1.48M |
|
|
NFX
524
DELISTED
Newfield Exploration
NFX
| $69.1M | 0.03% |
1,665,178
+23,116
| +1% | +$960K |
|
525
JB Hunt Transport Services
JBHT
$13.3B
| $69.1M | 0.03% |
891,308
-115,108
| -11% | -$8.92M |
|