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 |
Alphabet (Google) Class A
GOOGL
|
$601M |
| 2 |
Ferguson
FERG
|
$562M |
| 3 |
Stellantis
STLA
|
$496M |
| 4 |
International Flavors & Fragrances
IFF
|
$459M |
| 5 |
Amphenol
APH
|
$305M |
Top Sells
| 1 |
Alibaba
BABA
|
$5.53B |
| 2 |
Alphabet (Google) Class C
GOOG
|
$1.02B |
| 3 |
Apple
AAPL
|
$1.02B |
| 4 |
Tesla
TSLA
|
$741M |
| 5 |
T-Mobile US
TMUS
|
$719M |
Sector Composition
| 1 | Technology | 22.87% |
| 2 | Financials | 14.58% |
| 3 | Healthcare | 12.62% |
| 4 | Consumer Discretionary | 12.5% |
| 5 | Communication Services | 10.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
CVS Health
CVS
$92.8B
| $1.08B | 0.25% | 14,335,132 +207,580 | +1% | +$15.6M |
|
77
Target
TGT
$43.6B
| $1.06B | 0.24% | 5,369,781 -336,746 | -6% | -$66.7M |
|
78
Micron Technology
MU
$133B
| $1.06B | 0.24% | 11,968,169 -95,694 | -0.8% | -$8.44M |
|
79
American Tower
AMT
$95.5B
| $1.02B | 0.23% | 4,279,412 +520,053 | +14% | +$124M |
|
80
Booking.com
BKNG
$181B
| $994M | 0.23% | 426,526 +21,631 | +5% | +$50.4M |
|
81
Elevance Health
ELV
$71.8B
| $970M | 0.22% | 2,702,233 +3,045 | +0.1% | +$1.09M |
|
82
Regency Centers
REG
$13.2B
| $918M | 0.21% | 16,179,323 | – | – |
|
83
Autodesk
ADSK
$67.3B
| $916M | 0.21% | 3,305,581 -148,594 | -4% | -$41.2M |
|
84
Lam Research
LRCX
$127B
| $914M | 0.21% | 1,536,158 -7,315 | -0.5% | -$4.35M |
|
85
ServiceNow
NOW
$190B
| $912M | 0.21% | 1,823,936 -41,421 | -2% | -$20.7M |
|
86
American Express
AXP
$231B
| $911M | 0.21% | 6,440,782 -311,565 | -5% | -$44.1M |
|
87
Cigna
CI
$80.3B
| $911M | 0.21% | 3,767,852 -75,085 | -2% | -$18.2M |
|
88
Charles Schwab
SCHW
$174B
| $899M | 0.21% | 13,789,788 -349,682 | -2% | -$22.8M |
|
89
Gilead Sciences
GILD
$140B
| $893M | 0.2% | 13,820,473 +645,946 | +5% | +$41.7M |
|
90
GE Aerospace
GE
$292B
| $891M | 0.2% | 67,832,237 +1,672,827 | +3% | +$22M |
|
91
JD.com
JD
$44.1B
| $885M | 0.2% | 10,499,147 -645,292 | -6% | -$54.4M |
|
92
Intuit
INTU
$186B
| $877M | 0.2% | 2,289,792 -31,931 | -1% | -$12.2M |
|
93
AvalonBay Communities
AVB
$27.9B
| $876M | 0.2% | 4,750,238 +1,019,573 | +27% | +$188M |
|
94
Mondelez International
MDLZ
$79.5B
| $872M | 0.2% | 14,903,756 +355,554 | +2% | +$20.8M |
|
95
Parker-Hannifin
PH
$96.2B
| $861M | 0.2% | 2,728,490 -188,409 | -6% | -$59.4M |
|
96
Advanced Micro Devices
AMD
$264B
| $851M | 0.19% | 10,835,632 +24,761 | +0.2% | +$1.94M |
|
97
Sempra
SRE
$53.9B
| $846M | 0.19% | 6,381,611 -1,087,079 | -15% | -$144M |
|
98
Canadian National Railway
CNI
$60.4B
| $846M | 0.19% | 7,290,297 +98,553 | +1% | +$11.4M |
|
99
Vornado Realty Trust
VNO
$7.3B
| $821M | 0.19% | 18,082,373 | – | – |
|
100
TJX Companies
TJX
$152B
| $820M | 0.19% | 12,401,210 -344,211 | -3% | -$22.8M |
|