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 |
Alcon
ALC
|
+$635M |
| 2 |
Alexandria Real Estate Equities
ARE
|
+$477M |
| 3 |
Dow Inc
DOW
|
+$359M |
| 4 |
UBS Group
UBS
|
+$238M |
| 5 |
Uber
UBER
|
+$183M |
Top Sells
| 1 |
Ameriprise Financial
AMP
|
+$281M |
| 2 |
Johnson Controls International
JCI
|
+$235M |
| 3 |
Linde
LIN
|
+$211M |
| 4 |
Baxter International
BAX
|
+$203M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$113M |
Sector Composition
| 1 | Technology | 18.07% |
| 2 | Financials | 16.91% |
| 3 | Healthcare | 13.48% |
| 4 | Consumer Discretionary | 11.5% |
| 5 | Communication Services | 9.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1001
Mercury Systems
MRCY
$4.38B
| $41.2M | 0.01% |
585,571
+120,000
| +26% | +$8.44M |
|
1002
Progress Software
PRGS
$1.85B
| $41.2M | 0.01% |
944,229
| – | – |
|
1003
Skechers
SKX
$9.49B
| $41.2M | 0.01% |
1,307,082
-55,298
| -4% | -$1.74M |
|
1004
Texas Roadhouse
TXRH
$11.1B
| $41.1M | 0.01% |
766,362
| – | – |
|
1005
American Eagle Outfitters
AEO
$3.4B
| $41.1M | 0.01% |
2,432,475
| – | – |
|
|
CMBT
1006
CMB.TECH NV
CMBT
$2.72B
| $40.8M | 0.01% |
4,347,876
| – | – |
|
1007
Churchill Downs
CHDN
$6.93B
| $40.8M | 0.01% |
708,732
| – | – |
|
1008
First Citizens BancShares
FCNCA
$25.4B
| $40.5M | 0.01% |
89,963
| – | – |
|
1009
Stifel
SF
$11.8B
| $40.5M | 0.01% |
1,028,060
| – | – |
|
1010
HealthEquity
HQY
$7.96B
| $40.4M | 0.01% |
618,298
+67,017
| +12% | +$4.38M |
|
1011
FNB Corp
FNB
$5.9B
| $40.3M | 0.01% |
3,426,836
| – | – |
|
1012
RB Global
RBA
$22B
| $40.2M | 0.01% |
1,207,006
-173,255
| -13% | -$5.77M |
|
1013
Federated Hermes
FHI
$4.2B
| $40M | 0.01% |
1,232,062
| – | – |
|
1014
Tradeweb Markets
TW
$25.5B
| $40M | 0.01% |
+912,897
| New | +$40M |
|
1015
Integra LifeSciences
IART
$1.21B
| $40M | 0.01% |
716,042
-19,894
| -3% | -$1.11M |
|
1016
Boston Beer
SAM
$2.4B
| $40M | 0.01% |
105,816
+8,705
| +9% | +$3.29M |
|
1017
Petrobras Class A
PBR.A
$75.1B
| $39.9M | 0.01% |
2,812,665
+400,000
| +17% | +$5.68M |
|
|
NUAN
1018
DELISTED
Nuance Communications, Inc.
NUAN
| $39.9M | 0.01% |
2,886,284
| – | – |
|
1019
WESCO International
WCC
$10.7B
| $39.9M | 0.01% |
787,559
| – | – |
|
1020
Evercore
EVR
$13.3B
| $39.8M | 0.01% |
449,402
| – | – |
|
1021
Algonquin Power & Utilities
AQN
$4.31B
| $39.8M | 0.01% |
3,276,898
+75,515
| +2% | +$917K |
|
1022
Apple Hospitality REIT
APLE
$3.01B
| $39.8M | 0.01% |
2,509,064
| – | – |
|
1023
Darling Ingredients
DAR
$5.05B
| $39.7M | 0.01% |
1,997,858
+110,928
| +6% | +$2.21M |
|
|
SUM
1024
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $39.7M | 0.01% |
2,098,768
+731,032
| +53% | +$13.8M |
|
1025
Kirby Corp
KEX
$4.91B
| $39.7M | 0.01% |
502,069
+25,246
| +5% | +$1.99M |
|