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 |
Amazon
AMZN
|
$9.34B |
| 2 |
Microsoft
MSFT
|
$1.54B |
| 3 |
Apple
AAPL
|
$1.46B |
| 4 |
Meta Platforms (Facebook)
META
|
$984M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$712M |
Top Sells
| 1 |
Chevron
CVX
|
$355M |
| 2 |
T-Mobile US
TMUS
|
$350M |
| 3 |
ACC
American Campus Communities, Inc.
ACC
|
$306M |
| 4 |
CERN
Cerner Corp
CERN
|
$279M |
| 5 |
Exxon Mobil
XOM
|
$279M |
Sector Composition
| 1 | Technology | 23.7% |
| 2 | Financials | 14.37% |
| 3 | Healthcare | 14.2% |
| 4 | Consumer Discretionary | 10.56% |
| 5 | Communication Services | 8.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
CME Group
CME
$96B
| $700M | 0.18% | 3,419,607 +59,319 | +2% | +$12.1M |
|
102
Crown Castle
CCI
$43.2B
| $692M | 0.18% | 4,109,796 +289,095 | +8% | +$48.7M |
|
103
Amgen
AMGN
$155B
| $691M | 0.18% | 2,838,666 -344,630 | -11% | -$83.8M |
|
104
Federal Realty Investment Trust
FRT
$8.67B
| $691M | 0.18% | 7,212,626 | – | – |
|
105
Eaton
ETN
$136B
| $688M | 0.18% | 5,458,587 -1,391,258 | -20% | -$175M |
|
106
PNC Financial Services
PNC
$81.7B
| $684M | 0.18% | 4,337,841 -6,520 | -0.2% | -$1.03M |
|
107
Public Storage
PSA
$51.7B
| $679M | 0.18% | 2,172,848 +218,561 | +11% | +$68.3M |
|
108
American Homes 4 Rent
AMH
$13.3B
| $676M | 0.17% | 19,072,117 +2,993,116 | +19% | +$106M |
|
109
Applied Materials
AMAT
$128B
| $675M | 0.17% | 7,418,871 +241,958 | +3% | +$22M |
|
110
Autodesk
ADSK
$67.3B
| $662M | 0.17% | 3,847,444 -905,872 | -19% | -$156M |
|
111
Workday
WDAY
$61.6B
| $655M | 0.17% | 4,694,086 +2,053,372 | +78% | +$287M |
|
112
Progressive
PGR
$145B
| $655M | 0.17% | 5,630,162 -34,122 | -0.6% | -$3.97M |
|
113
TE Connectivity
TEL
$61B
| $653M | 0.17% | 5,767,582 +44,479 | +0.8% | +$5.03M |
|
114
Micron Technology
MU
$133B
| $645M | 0.17% | 11,671,953 +360,615 | +3% | +$19.9M |
|
115
US Bancorp
USB
$76B
| $637M | 0.16% | 13,843,060 -59,479 | -0.4% | -$2.74M |
|
116
Colgate-Palmolive
CL
$67.9B
| $635M | 0.16% | 7,923,050 +207,801 | +3% | +$16.7M |
|
117
Cadence Design Systems
CDNS
$95.5B
| $629M | 0.16% | 4,191,332 +1,280,626 | +44% | +$192M |
|
118
Target
TGT
$43.6B
| $629M | 0.16% | 4,451,258 -40,393 | -0.9% | -$5.7M |
|
119
Citigroup
C
$178B
| $628M | 0.16% | 13,662,282 -801,376 | -6% | -$36.9M |
|
120
Canadian National Railway
CNI
$60.4B
| $627M | 0.16% | 5,578,669 +245,286 | +5% | +$27.6M |
|
121
Vertex Pharmaceuticals
VRTX
$100B
| $627M | 0.16% | 2,226,598 -398,150 | -15% | -$112M |
|
|
ATVI
122
DELISTED
Activision Blizzard Inc.
ATVI
| $626M | 0.16% | 8,044,671 -314,775 | -4% | -$24.5M |
|
123
Scotiabank
BNS
$77.6B
| $621M | 0.16% | 10,490,712 -20,964 | -0.2% | -$1.24M |
|
124
Prologis
PLD
$106B
| $620M | 0.16% | 5,270,637 -1,691,399 | -24% | -$199M |
|
125
Equitable Holdings
EQH
$16B
| $613M | 0.16% | 23,495,496 -81,639 | -0.3% | -$2.13M |
|