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 |
Verizon
VZ
|
$1.19B |
| 2 |
Mastercard
MA
|
$726M |
| 3 |
Toronto Dominion Bank
TD
|
$384M |
| 4 |
Liberty Global Class C
LBTYK
|
$265M |
| 5 |
Pentair
PNR
|
$228M |
Top Sells
| 1 |
BEAM
BEAM INC COM STK (DE)
BEAM
|
$165M |
| 2 |
Republic Services
RSG
|
$102M |
| 3 |
Schlumberger
SLB
|
$102M |
| 4 |
Telus
TU
|
$99.7M |
| 5 |
Visa
V
|
$95.7M |
Sector Composition
| 1 | Financials | 19.36% |
| 2 | Technology | 13.23% |
| 3 | Healthcare | 12.11% |
| 4 | Industrials | 9.97% |
| 5 | Energy | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Simon Property Group
SPG
$58.4B
| $358M | 0.2% |
2,180,258
+80,792
| +4% | +$13.2M |
|
102
Costco
COST
$416B
| $356M | 0.2% |
3,191,497
| – | – |
|
103
Canadian Natural Resources
CNQ
$66.6B
| $352M | 0.2% |
9,178,201
| – | – |
|
|
EMC
104
DELISTED
EMC CORPORATION
EMC
| $344M | 0.19% |
12,561,268
| – | – |
|
105
Thermo Fisher Scientific
TMO
$184B
| $343M | 0.19% |
2,850,644
-200,724
| -7% | -$24.1M |
|
|
DD
106
DELISTED
Du Pont De Nemours E I
DD
| $343M | 0.19% |
5,108,148
| – | – |
|
107
Enbridge
ENB
$105B
| $335M | 0.19% |
7,369,334
-331,447
| -4% | -$15.1M |
|
108
Caterpillar
CAT
$195B
| $333M | 0.19% |
3,346,891
-552,330
| -14% | -$54.9M |
|
109
Western Digital
WDC
$28.4B
| $331M | 0.19% |
3,601,289
-773,237
| -18% | -$71M |
|
110
Prologis
PLD
$103B
| $329M | 0.19% |
8,047,575
| – | – |
|
111
Dominion Energy
D
$50.5B
| $328M | 0.19% |
4,626,852
-71,357
| -2% | -$5.07M |
|
112
Bausch Health
BHC
$2.84B
| $328M | 0.19% |
2,490,956
+150,829
| +6% | +$19.9M |
|
113
Federal Realty Investment Trust
FRT
$8.55B
| $326M | 0.18% |
2,838,790
| – | – |
|
114
FedEx
FDX
$52.9B
| $324M | 0.18% |
2,443,692
-29,807
| -1% | -$3.95M |
|
|
AGU
115
DELISTED
Agrium
AGU
| $322M | 0.18% |
3,295,606
| – | – |
|
116
Goldman Sachs
GS
$221B
| $317M | 0.18% |
1,931,645
+6,079
| +0.3% | +$996K |
|
117
Omnicom Group
OMC
$14.9B
| $313M | 0.18% |
4,305,458
| – | – |
|
118
Canadian Imperial Bank of Commerce
CM
$71.8B
| $312M | 0.18% |
3,613,267
| – | – |
|
119
Kimberly-Clark
KMB
$42.7B
| $310M | 0.18% |
2,816,140
-18,077
| -0.6% | -$1.99M |
|
120
Target
TGT
$42B
| $309M | 0.17% |
5,103,973
+135,455
| +3% | +$8.2M |
|
121
TJX Companies
TJX
$155B
| $305M | 0.17% |
5,031,500
| – | – |
|
|
122
Liberty Global Class C
LBTYK
$4.02B
| $305M | 0.17% |
7,490,323
+6,505,894
| +661% | +$265M |
|
123
Texas Instruments
TXN
$182B
| $301M | 0.17% |
6,373,622
+112,158
| +2% | +$5.29M |
|
124
Baxter International
BAX
$12.4B
| $294M | 0.17% |
4,002,112
| – | – |
|
125
Duke Energy
DUK
$94.8B
| $293M | 0.17% |
4,113,086
| – | – |
|