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 |
Walmart
WMT
|
$459M |
| 2 |
RDS.B
Royal Dutch Shell PLC ADS Class B
RDS.B
|
$401M |
| 3 |
Amazon
AMZN
|
$399M |
| 4 |
Tesla
TSLA
|
$368M |
| 5 |
T-Mobile US
TMUS
|
$295M |
Top Sells
| 1 |
Apple
AAPL
|
$939M |
| 2 |
Alphabet (Google) Class C
GOOG
|
$434M |
| 3 |
Linde
LIN
|
$277M |
| 4 |
Blackrock
BLK
|
$232M |
| 5 |
Suncor Energy
SU
|
$176M |
Sector Composition
| 1 | Technology | 21.18% |
| 2 | Healthcare | 14.75% |
| 3 | Financials | 14.39% |
| 4 | Consumer Discretionary | 11.88% |
| 5 | Communication Services | 9.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Equinix
EQIX
$75.7B
| $548M | 0.2% |
877,157
+63,485
| +8% | +$39.7M |
|
102
Enbridge
ENB
$105B
| $547M | 0.19% |
18,756,287
| – | – |
|
103
Applied Materials
AMAT
$130B
| $544M | 0.19% |
11,870,395
-887,864
| -7% | -$40.7M |
|
104
CME Group
CME
$94.4B
| $541M | 0.19% |
3,126,077
-91,000
| -3% | -$15.7M |
|
105
Federal Realty Investment Trust
FRT
$8.86B
| $538M | 0.19% |
7,212,626
+1,000,000
| +16% | +$74.6M |
|
106
S&P Global
SPGI
$164B
| $537M | 0.19% |
2,189,402
-79,921
| -4% | -$19.6M |
|
107
Zoetis
ZTS
$67.9B
| $534M | 0.19% |
4,538,964
-123,000
| -3% | -$14.5M |
|
108
ServiceNow
NOW
$190B
| $533M | 0.19% |
1,860,724
-32,890
| -2% | -$9.43M |
|
109
Automatic Data Processing
ADP
$120B
| $526M | 0.19% |
3,850,918
-118,296
| -3% | -$16.2M |
|
110
Illinois Tool Works
ITW
$77.6B
| $516M | 0.18% |
3,633,061
+11,693
| +0.3% | +$1.66M |
|
111
Target
TGT
$42.3B
| $511M | 0.18% |
5,493,810
+154,854
| +3% | +$14.4M |
|
112
Intuitive Surgical
ISRG
$167B
| $510M | 0.18% |
3,088,437
+121,365
| +4% | +$20M |
|
113
Micron Technology
MU
$147B
| $505M | 0.18% |
12,010,541
-109,248
| -0.9% | -$4.59M |
|
114
Edwards Lifesciences
EW
$47.5B
| $504M | 0.18% |
8,017,512
-2,548,362
| -24% | -$160M |
|
|
ATVI
115
DELISTED
Activision Blizzard Inc.
ATVI
| $498M | 0.18% |
8,366,969
+36,331
| +0.4% | +$2.16M |
|
116
Stryker
SYK
$150B
| $491M | 0.17% |
2,947,269
+68,125
| +2% | +$11.3M |
|
117
Kimberly-Clark
KMB
$43.1B
| $485M | 0.17% |
3,796,709
-29,538
| -0.8% | -$3.78M |
|
118
Brookfield
BN
$99.5B
| $476M | 0.17% |
16,372,967
+439,820
| +3% | +$12.8M |
|
119
Fiserv
FI
$73.4B
| $467M | 0.17% |
4,915,975
-78,560
| -2% | -$7.46M |
|
120
Deere & Co
DE
$128B
| $465M | 0.17% |
3,368,741
-233,648
| -6% | -$32.3M |
|
121
US Bancorp
USB
$75.9B
| $465M | 0.17% |
13,492,122
-1,064,789
| -7% | -$36.7M |
|
122
Morgan Stanley
MS
$236B
| $463M | 0.16% |
13,611,791
+394,035
| +3% | +$13.4M |
|
123
Illumina
ILMN
$15.7B
| $458M | 0.16% |
1,724,331
-283,203
| -14% | -$75.2M |
|
124
JD.com
JD
$44.6B
| $446M | 0.16% |
11,017,100
-67,678
| -0.6% | -$2.74M |
|
125
Baxter International
BAX
$12.5B
| $443M | 0.16% |
5,462,455
-1,645,620
| -23% | -$134M |
|