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 |
Hilton Worldwide
HLT
|
$445M |
| 2 |
CNH
CNH Industrial
CNH
|
$231M |
| 3 |
Cummins
CMI
|
$199M |
| 4 |
Perrigo
PRGO
|
$146M |
| 5 |
VF Corp
VFC
|
$144M |
Top Sells
| 1 |
Blackrock
BLK
|
$495M |
| 2 |
Apple
AAPL
|
$401M |
| 3 |
JPMorgan Chase
JPM
|
$366M |
| 4 |
Exxon Mobil
XOM
|
$342M |
| 5 |
Chevron
CVX
|
$255M |
Sector Composition
| 1 | Financials | 19.7% |
| 2 | Technology | 13.01% |
| 3 | Healthcare | 11.73% |
| 4 | Industrials | 10.35% |
| 5 | Energy | 9.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Macerich
MAC
$4.65B
| $342M | 0.2% | 5,800,394 -273,053 | -4% | -$16.1M |
|
102
Goldman Sachs
GS
$226B
| $341M | 0.2% | 1,925,566 -275,055 | -12% | -$48.8M |
|
103
Thermo Fisher Scientific
TMO
$186B
| $340M | 0.2% | 3,051,368 +39,418 | +1% | +$4.39M |
|
104
Enbridge
ENB
$105B
| $336M | 0.19% | 7,700,781 -17,703 | -0.2% | -$773K |
|
105
Transocean
RIG
$2.86B
| $334M | 0.19% | 6,762,019 -558,597 | -8% | -$27.6M |
|
|
DD
106
DELISTED
Du Pont De Nemours E I
DD
| $332M | 0.19% | 5,108,148 -1,041,220 | -17% | -$67.6M |
|
107
Pentair
PNR
$17.6B
| $330M | 0.19% | 4,250,992 -74,850 | -2% | -$5.81M |
|
108
Boston Properties
BXP
$11.5B
| $323M | 0.19% | 3,221,362 -129,746 | -4% | -$13M |
|
109
TJX Companies
TJX
$152B
| $321M | 0.18% | 5,031,500 | – | – |
|
110
Emerson Electric
EMR
$74.3B
| $320M | 0.18% | 4,562,918 -705,285 | -13% | -$49.5M |
|
111
Omnicom Group
OMC
$15.2B
| $320M | 0.18% | 4,305,458 +37,482 | +0.9% | +$2.79M |
|
112
Simon Property Group
SPG
$59B
| $319M | 0.18% | 2,099,466 -240,096 | -10% | -$36.5M |
|
|
EMC
113
DELISTED
EMC CORPORATION
EMC
| $316M | 0.18% | 12,561,268 -1,675,735 | -12% | -$42.1M |
|
114
Target
TGT
$43.6B
| $314M | 0.18% | 4,968,518 -741,243 | -13% | -$46.9M |
|
115
Canadian Natural Resources
CNQ
$65.9B
| $310M | 0.18% | 9,178,201 -137,919 | -1% | -$4.67M |
|
116
Teva Pharmaceuticals
TEVA
$21.1B
| $309M | 0.18% | 7,720,988 | – | – |
|
117
Canadian Imperial Bank of Commerce
CM
$71.8B
| $309M | 0.18% | 3,613,267 | – | – |
|
118
EOG Resources
EOG
$68.2B
| $307M | 0.18% | 1,831,021 -117,144 | -6% | -$19.7M |
|
119
Nike
NKE
$114B
| $304M | 0.18% | 3,871,435 -381,332 | -9% | -$30M |
|
120
Dominion Energy
D
$51.1B
| $304M | 0.18% | 4,698,209 +92,605 | +2% | +$5.99M |
|
|
AGU
121
DELISTED
Agrium
AGU
| $301M | 0.17% | 3,295,606 -242,000 | -7% | -$22.1M |
|
122
CSX Corp
CSX
$60.6B
| $301M | 0.17% | 10,454,277 -1,393,445 | -12% | -$40.1M |
|
123
Prologis
PLD
$106B
| $297M | 0.17% | 8,047,575 | – | – |
|
124
Kimberly-Clark
KMB
$42.8B
| $296M | 0.17% | 2,834,217 -285,044 | -9% | -$29.8M |
|
125
Canadian Pacific Kansas City
CP
$69.9B
| $289M | 0.17% | 1,912,060 +100,000 | +6% | +$15.1M |
|