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
|
$3.37B |
| 2 |
Welltower
WELL
|
$816M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$743M |
| 4 |
Blackstone
BX
|
$671M |
| 5 |
AstraZeneca
AZN
|
$562M |
Top Sells
| 1 |
GE Aerospace
GE
|
$5.12B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
$1.49B |
| 3 |
Microsoft
MSFT
|
$1.07B |
| 4 |
Apple
AAPL
|
$793M |
| 5 |
Applied Materials
AMAT
|
$549M |
Sector Composition
| 1 | Technology | 23.36% |
| 2 | Financials | 14.56% |
| 3 | Healthcare | 12.76% |
| 4 | Consumer Discretionary | 12.17% |
| 5 | Communication Services | 10.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Oracle
ORCL
$635B
| $1.13B | 0.25% | 12,963,683 -1,572,519 | -11% | -$137M |
|
77
CVS Health
CVS
$92.8B
| $1.11B | 0.25% | 13,123,496 -568,166 | -4% | -$48.2M |
|
78
Autodesk
ADSK
$67.3B
| $1.11B | 0.25% | 3,888,712 +316,690 | +9% | +$90.3M |
|
79
Eaton
ETN
$136B
| $1.1B | 0.24% | 7,334,225 -1,129,295 | -13% | -$169M |
|
80
Citigroup
C
$178B
| $1.09B | 0.24% | 15,602,141 -2,350,638 | -13% | -$165M |
|
81
Regency Centers
REG
$13.2B
| $1.09B | 0.24% | 16,179,323 | – | – |
|
82
ServiceNow
NOW
$190B
| $1.09B | 0.24% | 1,744,914 -67,724 | -4% | -$42.1M |
|
83
Advanced Micro Devices
AMD
$264B
| $1.06B | 0.23% | 10,274,176 -31,594 | -0.3% | -$3.25M |
|
84
American Tower
AMT
$95.5B
| $1.02B | 0.23% | 3,860,742 -361,802 | -9% | -$96M |
|
85
Caterpillar
CAT
$196B
| $1.02B | 0.23% | 5,335,937 +295,539 | +6% | +$56.7M |
|
86
American Express
AXP
$231B
| $1B | 0.22% | 5,988,282 -33,998 | -0.6% | -$5.7M |
|
87
Charles Schwab
SCHW
$174B
| $1B | 0.22% | 13,751,840 -1,602,030 | -10% | -$117M |
|
88
Intuitive Surgical
ISRG
$170B
| $1B | 0.22% | 1,005,941 -26,951 | -3% | -$26.8M |
|
89
Analog Devices
ADI
$124B
| $977M | 0.22% | 5,832,958 +2,288,608 | +65% | +$383M |
|
|
90
Applied Materials
AMAT
$128B
| $973M | 0.22% | 7,561,747 -4,266,524 | -36% | -$549M |
|
91
Deere & Co
DE
$129B
| $966M | 0.21% | 2,882,342 -457,910 | -14% | -$153M |
|
92
UDR
UDR
$13.1B
| $960M | 0.21% | 18,129,085 +4,020,337 | +28% | +$213M |
|
93
Booking.com
BKNG
$181B
| $947M | 0.21% | 399,103 -23,164 | -5% | -$55M |
|
94
Elevance Health
ELV
$71.8B
| $923M | 0.2% | 2,476,740 -90,505 | -4% | -$33.7M |
|
95
Gilead Sciences
GILD
$140B
| $919M | 0.2% | 13,150,666 -150,781 | -1% | -$10.5M |
|
96
Alcon
ALC
$39.5B
| $890M | 0.2% | 10,909,591 -211,659 | -2% | -$17.3M |
|
97
Prologis
PLD
$106B
| $873M | 0.19% | 6,962,036 | – | – |
|
98
Lam Research
LRCX
$127B
| $858M | 0.19% | 1,507,858 +37,973 | +3% | +$21.6M |
|
99
Federal Realty Investment Trust
FRT
$8.67B
| $851M | 0.19% | 7,212,626 | – | – |
|
100
Zoetis
ZTS
$69.3B
| $845M | 0.19% | 4,352,105 -138,074 | -3% | -$26.8M |
|