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 |
Intuitive Surgical
ISRG
|
$704M |
| 2 |
Walmart
WMT
|
$635M |
| 3 |
T-Mobile US
TMUS
|
$554M |
| 4 |
Alphabet (Google) Class C
GOOG
|
$501M |
| 5 |
Autodesk
ADSK
|
$411M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
$899M |
| 2 |
Apple
AAPL
|
$724M |
| 3 |
Visa
V
|
$409M |
| 4 |
KSU
Kansas City Southern
KSU
|
$251M |
| 5 |
Automatic Data Processing
ADP
|
$222M |
Sector Composition
| 1 | Technology | 24.84% |
| 2 | Financials | 13.82% |
| 3 | Healthcare | 12.74% |
| 4 | Consumer Discretionary | 11.89% |
| 5 | Communication Services | 9.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Oracle
ORCL
$635B
| $947M | 0.19% | 10,861,986 -2,101,697 | -16% | -$183M |
|
102
Schlumberger
SLB
$55B
| $939M | 0.19% | 31,347,435 +5,355,883 | +21% | +$160M |
|
103
Citigroup
C
$178B
| $889M | 0.18% | 14,728,977 -873,164 | -6% | -$52.7M |
|
104
Mondelez International
MDLZ
$79.5B
| $879M | 0.18% | 13,250,704 -587,042 | -4% | -$38.9M |
|
105
Estee Lauder
EL
$33B
| $859M | 0.18% | 2,319,649 +17,656 | +0.8% | +$6.54M |
|
106
Edwards Lifesciences
EW
$47.8B
| $840M | 0.17% | 6,481,823 -233,773 | -3% | -$30.3M |
|
107
Blackstone
BX
$134B
| $832M | 0.17% | 6,428,927 +16,822 | +0.3% | +$2.18M |
|
108
TJX Companies
TJX
$152B
| $827M | 0.17% | 10,894,129 -701,570 | -6% | -$53.3M |
|
109
S&P Global
SPGI
$167B
| $822M | 0.17% | 1,742,273 -76,942 | -4% | -$36.3M |
|
110
Stryker
SYK
$150B
| $817M | 0.17% | 3,053,321 -68,169 | -2% | -$18.2M |
|
111
Crown Castle
CCI
$43.2B
| $816M | 0.17% | 3,907,002 -267,349 | -6% | -$55.8M |
|
112
Brookfield
BN
$98.3B
| $811M | 0.17% | 13,421,506 -197,022 | -1% | -$11.9M |
|
113
PNC Financial Services
PNC
$81.7B
| $809M | 0.17% | 4,035,475 -251,165 | -6% | -$50.4M |
|
114
Goldman Sachs
GS
$226B
| $808M | 0.17% | 2,112,674 -29,243 | -1% | -$11.2M |
|
115
Sempra
SRE
$53.9B
| $788M | 0.16% | 5,957,775 -66,907 | -1% | -$8.85M |
|
116
Ford
F
$46.8B
| $780M | 0.16% | 37,560,363 -832,070 | -2% | -$17.3M |
|
117
Equitable Holdings
EQH
$16B
| $773M | 0.16% | 23,585,331 -680,964 | -3% | -$22.3M |
|
118
Moderna
MRNA
$9.37B
| $773M | 0.16% | 3,044,449 -45,668 | -1% | -$11.6M |
|
119
US Bancorp
USB
$76B
| $769M | 0.16% | 13,684,357 +182,266 | +1% | +$10.2M |
|
120
Scotiabank
BNS
$77.6B
| $761M | 0.16% | 10,736,220 -171,159 | -2% | -$12.1M |
|
121
Vornado Realty Trust
VNO
$7.3B
| $757M | 0.16% | 18,082,373 | – | – |
|
122
CME Group
CME
$96B
| $750M | 0.15% | 3,283,738 -9,418 | -0.3% | -$2.15M |
|
123
Cigna
CI
$80.3B
| $748M | 0.15% | 3,257,197 -161,736 | -5% | -$37.1M |
|
124
Illinois Tool Works
ITW
$77.1B
| $745M | 0.15% | 3,017,989 -51,506 | -2% | -$12.7M |
|
125
Public Storage
PSA
$51.7B
| $736M | 0.15% | 1,963,926 -41,193 | -2% | -$15.4M |
|