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 |
Microsoft
MSFT
|
$1.45B |
| 2 |
Broadcom
AVGO
|
$1.33B |
| 3 |
Bank of America
BAC
|
$1.02B |
| 4 |
Amazon
AMZN
|
$818M |
| 5 |
Simon Property Group
SPG
|
$802M |
Top Sells
| 1 |
ATVI
Activision Blizzard Inc.
ATVI
|
$1.2B |
| 2 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
$822M |
| 3 |
Kenvue
KVUE
|
$552M |
| 4 |
SGEN
Seagen Inc. Common Stock
SGEN
|
$542M |
| 5 |
RTX Corp
RTX
|
$533M |
Sector Composition
| 1 | Technology | 28.38% |
| 2 | Financials | 13.95% |
| 3 | Healthcare | 11.94% |
| 4 | Consumer Discretionary | 11.37% |
| 5 | Communication Services | 8.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Centene
CNC
$14.3B
| $1.33B | 0.23% | 17,860,673 +1,608,166 | +10% | +$119M |
|
77
Nike
NKE
$114B
| $1.32B | 0.23% | 12,112,897 +405,536 | +3% | +$44M |
|
78
Intuitive Surgical
ISRG
$170B
| $1.31B | 0.23% | 3,892,691 +176,921 | +5% | +$59.7M |
|
79
Arthur J. Gallagher & Co
AJG
$77.6B
| $1.31B | 0.23% | 5,817,841 -956,090 | -14% | -$215M |
|
80
Gilead Sciences
GILD
$140B
| $1.3B | 0.23% | 16,067,445 +1,392,910 | +9% | +$113M |
|
81
Synopsys
SNPS
$112B
| $1.27B | 0.22% | 2,470,613 +353,839 | +17% | +$182M |
|
82
AvalonBay Communities
AVB
$27.9B
| $1.27B | 0.22% | 6,792,845 +592,067 | +10% | +$111M |
|
83
Stryker
SYK
$150B
| $1.26B | 0.22% | 4,209,450 +514,147 | +14% | +$154M |
|
84
Deere & Co
DE
$129B
| $1.25B | 0.22% | 3,121,104 +120,395 | +4% | +$48.1M |
|
85
Starbucks
SBUX
$100B
| $1.24B | 0.22% | 12,922,116 +271,733 | +2% | +$26.1M |
|
86
Vertex Pharmaceuticals
VRTX
$100B
| $1.24B | 0.22% | 3,042,288 +368,382 | +14% | +$150M |
|
87
Mondelez International
MDLZ
$79.5B
| $1.23B | 0.22% | 17,001,427 +336,613 | +2% | +$24.4M |
|
88
Medtronic
MDT
$119B
| $1.23B | 0.21% | 14,927,477 +722,799 | +5% | +$59.5M |
|
89
Analog Devices
ADI
$124B
| $1.23B | 0.21% | 6,170,564 +581,133 | +10% | +$115M |
|
90
Oracle
ORCL
$635B
| $1.21B | 0.21% | 11,478,527 -383,458 | -3% | -$40.4M |
|
91
TJX Companies
TJX
$152B
| $1.19B | 0.21% | 12,721,861 +187,395 | +1% | +$17.6M |
|
92
GE Aerospace
GE
$292B
| $1.19B | 0.21% | 9,348,578 +184,205 | +2% | +$23.5M |
|
93
Sherwin-Williams
SHW
$91.2B
| $1.18B | 0.21% | 3,771,581 +194,693 | +5% | +$60.7M |
|
94
Cadence Design Systems
CDNS
$95.5B
| $1.14B | 0.2% | 4,189,372 +357,481 | +9% | +$97.4M |
|
95
Regency Centers
REG
$13.2B
| $1.14B | 0.2% | 17,018,543 +839,220 | +5% | +$56.2M |
|
96
United Parcel Service
UPS
$74.1B
| $1.13B | 0.2% | 7,176,251 -114,471 | -2% | -$18M |
|
97
Goldman Sachs
GS
$226B
| $1.12B | 0.2% | 2,903,593 +548,390 | +23% | +$212M |
|
98
AT&T
T
$209B
| $1.12B | 0.2% | 66,644,112 -8,272,100 | -11% | -$139M |
|
99
American Express
AXP
$231B
| $1.11B | 0.19% | 5,939,718 -705,823 | -11% | -$132M |
|
100
CVS Health
CVS
$92.8B
| $1.09B | 0.19% | 13,830,292 -1,050,195 | -7% | -$82.9M |
|