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 | |
|---|---|---|---|---|---|---|
701
FIVE9
FIVN
$1.95B
| $79M | 0.01% |
1,004,386
+251,829
| +33% | +$19.8M |
|
702
Arrow Electronics
ARW
$6.54B
| $79M | 0.01% |
646,438
+37,063
| +6% | +$4.53M |
|
703
Maplebear
CART
$12.4B
| $78.7M | 0.01% |
3,352,122
+497,201
| +17% | +$11.7M |
|
704
Kinsale Capital Group
KNSL
$9.92B
| $78.6M | 0.01% |
234,577
+4,326
| +2% | +$1.45M |
|
705
First Industrial Realty Trust
FR
$6.77B
| $78.6M | 0.01% |
1,491,523
-84,816
| -5% | -$4.47M |
|
706
Texas Roadhouse
TXRH
$11B
| $78.5M | 0.01% |
642,588
-69,717
| -10% | -$8.52M |
|
707
Tenet Healthcare
THC
$16.9B
| $78.3M | 0.01% |
1,035,511
+4,785
| +0.5% | +$362K |
|
|
FLG
708
Flagstar Financial, Inc.
FLG
$5.24B
| $77.6M | 0.01% |
2,529,427
-111,406
| -4% | -$3.42M |
|
709
Rentokil
RTO
$12.8B
| $77.5M | 0.01% |
2,710,486
+5,000
| +0.2% | +$143K |
|
710
Vistra
VST
$70.9B
| $77.5M | 0.01% |
2,012,530
+385,905
| +24% | +$14.9M |
|
711
KBR
KBR
$6.42B
| $77.2M | 0.01% |
1,393,131
-8,775
| -0.6% | -$486K |
|
712
APi Group
APG
$14.6B
| $77.1M | 0.01% |
3,341,222
-978,826
| -23% | -$22.6M |
|
713
Toast
TOST
$23.3B
| $76.7M | 0.01% |
4,200,398
+511,824
| +14% | +$9.35M |
|
714
West Fraser Timber
WFG
$5.84B
| $76.4M | 0.01% |
893,137
-57,976
| -6% | -$4.96M |
|
715
Meritage Homes
MTH
$5.59B
| $76.3M | 0.01% |
875,974
+21,494
| +3% | +$1.87M |
|
716
First American
FAF
$6.74B
| $76.2M | 0.01% |
1,182,655
+43,672
| +4% | +$2.81M |
|
717
Olin
OLN
$2.92B
| $76.1M | 0.01% |
1,411,032
-5,607
| -0.4% | -$302K |
|
718
VF Corp
VFC
$5.85B
| $76.1M | 0.01% |
4,045,696
+849,647
| +27% | +$16M |
|
719
BorgWarner
BWA
$9.34B
| $75.5M | 0.01% |
2,105,695
+989,799
| +89% | +$35.5M |
|
720
SouthState Bank Corporation
SSB
$10.3B
| $75.5M | 0.01% |
893,846
+111,492
| +14% | +$9.42M |
|
721
Skechers
SKX
$9.5B
| $75.2M | 0.01% |
1,206,185
+652,899
| +118% | +$40.7M |
|
722
Saic
SAIC
$4.75B
| $75M | 0.01% |
603,604
+52,479
| +10% | +$6.52M |
|
723
SPS Commerce
SPSC
$4.18B
| $75M | 0.01% |
386,796
+11,043
| +3% | +$2.14M |
|
724
Expeditors International
EXPD
$16.5B
| $74.8M | 0.01% |
587,761
+98,566
| +20% | +$12.5M |
|
725
Bruker
BRKR
$4.63B
| $74.6M | 0.01% |
1,014,991
+15,018
| +2% | +$1.1M |
|