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 |
Walmart
WMT
|
$839M |
| 2 |
NKLA
Nikola Corporation Common Stock
NKLA
|
$675M |
| 3 |
T-Mobile US
TMUS
|
$630M |
| 4 |
RTX Corp
RTX
|
$457M |
| 5 |
Meta Platforms (Facebook)
META
|
$399M |
Top Sells
| 1 |
AGN
Allergan plc
AGN
|
$692M |
| 2 |
RTN
Raytheon Company
RTN
|
$368M |
| 3 |
Bristol-Myers Squibb
BMY
|
$275M |
| 4 |
Visa
V
|
$251M |
| 5 |
Intel
INTC
|
$187M |
Sector Composition
| 1 | Technology | 22.85% |
| 2 | Healthcare | 13.58% |
| 3 | Financials | 13.55% |
| 4 | Consumer Discretionary | 13.35% |
| 5 | Communication Services | 10.14% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Vertex Pharmaceuticals
VRTX
$103B
| $780M | 0.22% |
2,686,403
+148,490
| +6% | +$43.1M |
|
77
Regency Centers
REG
$13.1B
| $742M | 0.21% |
16,179,323
| – | – |
|
78
Mondelez International
MDLZ
$80B
| $740M | 0.21% |
14,476,944
-287,377
| -2% | -$14.7M |
|
79
Intuit
INTU
$185B
| $737M | 0.21% |
2,489,641
+73,451
| +3% | +$21.8M |
|
80
Morgan Stanley
MS
$238B
| $731M | 0.21% |
15,138,913
+1,527,122
| +11% | +$73.8M |
|
81
3M
MMM
$82.2B
| $731M | 0.21% |
4,687,010
-356,297
| -7% | -$55.6M |
|
82
Cigna
CI
$80.3B
| $729M | 0.21% |
3,885,086
+241,219
| +7% | +$45.3M |
|
83
Applied Materials
AMAT
$126B
| $729M | 0.21% |
12,056,938
+186,543
| +2% | +$11.3M |
|
84
Equinix
EQIX
$75.5B
| $727M | 0.21% |
1,034,508
+157,351
| +18% | +$111M |
|
85
S&P Global
SPGI
$165B
| $720M | 0.21% |
2,186,587
-2,815
| -0.1% | -$927K |
|
86
Eaton
ETN
$134B
| $716M | 0.21% |
8,186,785
-90,666
| -1% | -$7.93M |
|
87
Elevance Health
ELV
$72.6B
| $714M | 0.21% |
2,716,561
+215,118
| +9% | +$56.6M |
|
88
Fidelity National Information Services
FIS
$35.7B
| $714M | 0.21% |
5,326,299
-167,337
| -3% | -$22.4M |
|
89
ServiceNow
NOW
$189B
| $704M | 0.2% |
1,737,118
-123,606
| -7% | -$50.1M |
|
90
American Express
AXP
$230B
| $698M | 0.2% |
7,335,056
+657,602
| +10% | +$62.6M |
|
91
Crown Castle
CCI
$42.7B
| $693M | 0.2% |
4,138,080
-103,600
| -2% | -$17.3M |
|
92
Vornado Realty Trust
VNO
$7.28B
| $691M | 0.2% |
18,082,373
| – | – |
|
93
Booking.com
BKNG
$178B
| $689M | 0.2% |
432,711
+428
| +0.1% | +$682K |
|
|
ATVI
94
DELISTED
Activision Blizzard Inc.
ATVI
| $680M | 0.2% |
8,960,277
+593,308
| +7% | +$45M |
|
95
JD.com
JD
$44.8B
| $679M | 0.2% |
11,279,520
+262,420
| +2% | +$15.8M |
|
|
NKLA
96
DELISTED
Nikola Corporation Common Stock
NKLA
| $675M | 0.19% |
+10,000,000
| New | +$675M |
|
97
Target
TGT
$42B
| $664M | 0.19% |
5,538,180
+44,370
| +0.8% | +$5.32M |
|
98
Illinois Tool Works
ITW
$76.4B
| $663M | 0.19% |
3,790,467
+157,406
| +4% | +$27.5M |
|
99
Autodesk
ADSK
$68.3B
| $650M | 0.19% |
2,717,159
+375,186
| +16% | +$89.7M |
|
100
TJX Companies
TJX
$155B
| $647M | 0.19% |
12,790,713
-209,001
| -2% | -$10.6M |
|