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 |
NVIDIA
NVDA
|
$32.5B |
| 2 |
Apple
AAPL
|
$2.53B |
| 3 |
Alphabet (Google) Class A
GOOGL
|
$2.51B |
| 4 |
Microsoft
MSFT
|
$1.34B |
| 5 |
Amazon
AMZN
|
$1.27B |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
$1.82B |
| 2 |
NKLA
Nikola Corporation Common Stock
NKLA
|
$842M |
| 3 |
Palo Alto Networks
PANW
|
$696M |
| 4 |
Booking.com
BKNG
|
$632M |
| 5 |
Equinix
EQIX
|
$416M |
Sector Composition
| 1 | Technology | 30.29% |
| 2 | Financials | 13.68% |
| 3 | Healthcare | 11.64% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Communication Services | 8.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Walt Disney
DIS
$213B
| $2.14B | 0.32% |
21,529,058
+1,672,307
| +8% | +$166M |
|
52
Royal Bank of Canada
RY
$204B
| $2.12B | 0.32% |
19,913,069
+632,651
| +3% | +$67.4M |
|
53
Abbott
ABT
$229B
| $2.12B | 0.32% |
20,356,932
+179,333
| +0.9% | +$18.6M |
|
54
Intuit
INTU
$185B
| $2.04B | 0.31% |
3,108,772
-65,749
| -2% | -$43.2M |
|
55
GE Aerospace
GE
$292B
| $2.01B | 0.3% |
12,652,363
+2,190,234
| +21% | +$348M |
|
56
Caterpillar
CAT
$195B
| $1.97B | 0.29% |
5,915,124
-27,613
| -0.5% | -$9.2M |
|
57
Intuitive Surgical
ISRG
$168B
| $1.96B | 0.29% |
4,414,400
+175,288
| +4% | +$78M |
|
58
Lam Research
LRCX
$123B
| $1.93B | 0.29% |
1,813,335
+133,773
| +8% | +$142M |
|
59
Alexandria Real Estate Equities
ARE
$13.8B
| $1.93B | 0.29% |
16,457,471
| – | – |
|
60
Uber
UBER
$194B
| $1.92B | 0.29% |
26,407,388
+2,198,520
| +9% | +$160M |
|
61
Blackrock
BLK
$173B
| $1.91B | 0.29% |
2,426,836
+151,823
| +7% | +$120M |
|
62
Texas Instruments
TXN
$182B
| $1.87B | 0.28% |
9,622,568
-251,583
| -3% | -$48.9M |
|
63
Union Pacific
UNP
$132B
| $1.84B | 0.28% |
8,144,798
+91,137
| +1% | +$20.6M |
|
64
Intel
INTC
$106B
| $1.84B | 0.27% |
59,377,400
+14,189,206
| +31% | +$439M |
|
65
Amgen
AMGN
$154B
| $1.81B | 0.27% |
5,807,622
+166,098
| +3% | +$51.9M |
|
66
ServiceNow
NOW
$189B
| $1.81B | 0.27% |
2,302,332
+73,547
| +3% | +$57.9M |
|
67
S&P Global
SPGI
$165B
| $1.8B | 0.27% |
4,035,431
+314,539
| +8% | +$140M |
|
68
Accenture
ACN
$160B
| $1.73B | 0.26% |
5,693,373
-580,477
| -9% | -$176M |
|
69
Stryker
SYK
$149B
| $1.7B | 0.25% |
5,002,157
+574,082
| +13% | +$195M |
|
70
KLA
KLAC
$112B
| $1.69B | 0.25% |
2,044,867
+322,080
| +19% | +$266M |
|
71
Elevance Health
ELV
$72.6B
| $1.65B | 0.25% |
3,048,220
+328,416
| +12% | +$178M |
|
72
Vertex Pharmaceuticals
VRTX
$103B
| $1.61B | 0.24% |
3,429,086
-28,864
| -0.8% | -$13.5M |
|
73
Lowe's Companies
LOW
$145B
| $1.58B | 0.24% |
7,179,240
+110,836
| +2% | +$24.4M |
|
74
Analog Devices
ADI
$122B
| $1.57B | 0.23% |
6,877,406
+665,661
| +11% | +$152M |
|
75
Progressive
PGR
$144B
| $1.57B | 0.23% |
7,554,065
+178,606
| +2% | +$37.1M |
|