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 |
NextEra Energy, Inc.
NEE
|
$1.79B |
| 2 |
QuantumScape
QS
|
$549M |
| 3 |
Meta Platforms (Facebook)
META
|
$443M |
| 4 |
Unilever
UL
|
$365M |
| 5 |
NetEase
NTES
|
$363M |
Top Sells
| 1 |
American International
AIG
|
$389M |
| 2 |
UN
Unilever NV New York Registry Shares
UN
|
$368M |
| 3 |
VER
VEREIT, Inc.
VER
|
$355M |
| 4 |
Lear
LEA
|
$304M |
| 5 |
3M
MMM
|
$286M |
Sector Composition
| 1 | Technology | 23.45% |
| 2 | Consumer Discretionary | 14.21% |
| 3 | Financials | 13.77% |
| 4 | Healthcare | 12.84% |
| 5 | Communication Services | 10.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
ServiceNow
NOW
$189B
| $1.03B | 0.24% |
1,865,357
+38,412
| +2% | +$21.1M |
|
77
Target
TGT
$42B
| $1.01B | 0.24% |
5,706,527
-111,489
| -2% | -$19.7M |
|
78
Deere & Co
DE
$129B
| $1.01B | 0.24% |
3,739,973
+239,751
| +7% | +$64.5M |
|
79
Advanced Micro Devices
AMD
$263B
| $991M | 0.23% |
10,810,871
+723,759
| +7% | +$66.4M |
|
80
JD.com
JD
$44.8B
| $980M | 0.23% |
11,144,439
-240,376
| -2% | -$21.1M |
|
81
CVS Health
CVS
$94B
| $965M | 0.23% |
14,127,552
+301,257
| +2% | +$20.6M |
|
82
Sempra
SRE
$54.1B
| $952M | 0.22% |
7,468,690
+515,223
| +7% | +$65.6M |
|
83
Micron Technology
MU
$133B
| $907M | 0.21% |
12,063,863
-426,435
| -3% | -$32.1M |
|
84
Booking.com
BKNG
$178B
| $902M | 0.21% |
404,895
-20,105
| -5% | -$44.8M |
|
85
Intuit
INTU
$185B
| $882M | 0.21% |
2,321,723
-137,486
| -6% | -$52.2M |
|
86
Caterpillar
CAT
$195B
| $879M | 0.21% |
4,826,469
-118,993
| -2% | -$21.7M |
|
87
TJX Companies
TJX
$155B
| $870M | 0.2% |
12,745,421
-56,157
| -0.4% | -$3.83M |
|
88
Elevance Health
ELV
$72.6B
| $867M | 0.2% |
2,699,188
-16,015
| -0.6% | -$5.14M |
|
89
Intuitive Surgical
ISRG
$168B
| $852M | 0.2% |
1,041,462
+18,270
| +2% | +$14.9M |
|
90
Mondelez International
MDLZ
$80B
| $851M | 0.2% |
14,548,202
-46,905
| -0.3% | -$2.74M |
|
91
American Tower
AMT
$93.9B
| $844M | 0.2% |
3,759,359
+99,318
| +3% | +$22.3M |
|
92
American Express
AXP
$230B
| $816M | 0.19% |
6,752,347
-282,222
| -4% | -$34.1M |
|
93
Stryker
SYK
$149B
| $812M | 0.19% |
3,312,511
+171,882
| +5% | +$42.1M |
|
94
Mercado Libre
MELI
$121B
| $808M | 0.19% |
482,496
-1,506
| -0.3% | -$2.52M |
|
|
ATVI
95
DELISTED
Activision Blizzard Inc.
ATVI
| $807M | 0.19% |
8,686,134
-40,441
| -0.5% | -$3.75M |
|
96
Cigna
CI
$80.3B
| $800M | 0.19% |
3,842,937
-113,547
| -3% | -$23.6M |
|
97
Parker-Hannifin
PH
$95B
| $795M | 0.19% |
2,916,899
+174,023
| +6% | +$47.4M |
|
98
Canadian National Railway
CNI
$60.3B
| $791M | 0.18% |
7,191,744
-22,284
| -0.3% | -$2.45M |
|
99
Gilead Sciences
GILD
$140B
| $768M | 0.18% |
13,174,527
-67,468
| -0.5% | -$3.93M |
|
100
Zoetis
ZTS
$67.8B
| $763M | 0.18% |
4,613,135
+160,146
| +4% | +$26.5M |
|