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 |
Alphabet (Google) Class A
GOOGL
|
$9.11B |
| 2 |
Tesla
TSLA
|
$4.84B |
| 3 |
Alphabet (Google) Class C
GOOG
|
$2.05B |
| 4 |
Apple
AAPL
|
$653M |
| 5 |
Microsoft
MSFT
|
$626M |
Top Sells
| 1 |
Cigna
CI
|
$510M |
| 2 |
UBS Group
UBS
|
$378M |
| 3 |
Morgan Stanley
MS
|
$281M |
| 4 |
Autodesk
ADSK
|
$241M |
| 5 |
AstraZeneca
AZN
|
$241M |
Sector Composition
| 1 | Technology | 23.59% |
| 2 | Financials | 14.36% |
| 3 | Healthcare | 14.17% |
| 4 | Consumer Discretionary | 11.44% |
| 5 | Communication Services | 8.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Progressive
PGR
$145B
| $680M | 0.18% | 5,847,640 +217,478 | +4% | +$25.3M |
|
102
American Homes 4 Rent
AMH
$13.3B
| $674M | 0.18% | 20,545,305 +1,473,188 | +8% | +$48.3M |
|
103
Target
TGT
$43.6B
| $668M | 0.18% | 4,504,481 +53,223 | +1% | +$7.9M |
|
104
Alcon
ALC
$39.5B
| $663M | 0.18% | 11,263,682 +289,029 | +3% | +$17M |
|
105
Vertex Pharmaceuticals
VRTX
$100B
| $663M | 0.18% | 2,288,472 +61,874 | +3% | +$17.9M |
|
106
Enbridge
ENB
$105B
| $658M | 0.17% | 17,760,506 +421,265 | +2% | +$15.6M |
|
107
Humana
HUM
$36.5B
| $654M | 0.17% | 1,348,030 +44,861 | +3% | +$21.8M |
|
108
Waste Connections
WCN
$47.5B
| $652M | 0.17% | 4,824,506 +334,090 | +7% | +$45.1M |
|
109
Federal Realty Investment Trust
FRT
$8.67B
| $650M | 0.17% | 7,212,626 | – | – |
|
110
Waste Management
WM
$91.2B
| $643M | 0.17% | 4,016,296 +76,139 | +2% | +$12.2M |
|
111
TE Connectivity
TEL
$61B
| $632M | 0.17% | 5,726,648 -40,934 | -0.7% | -$4.52M |
|
112
Applied Materials
AMAT
$128B
| $630M | 0.17% | 7,688,372 +269,501 | +4% | +$22.1M |
|
113
Equinix
EQIX
$76.9B
| $630M | 0.17% | 1,107,069 +18,374 | +2% | +$10.5M |
|
114
Regeneron Pharmaceuticals
REGN
$61.5B
| $625M | 0.17% | 906,613 +24,303 | +3% | +$16.7M |
|
115
Public Storage
PSA
$51.7B
| $624M | 0.17% | 2,129,860 -42,988 | -2% | -$12.6M |
|
116
CME Group
CME
$96B
| $623M | 0.17% | 3,518,755 +99,148 | +3% | +$17.6M |
|
117
Goldman Sachs
GS
$226B
| $617M | 0.16% | 2,106,267 +62,439 | +3% | +$18.3M |
|
118
Stryker
SYK
$150B
| $617M | 0.16% | 3,044,210 +123,040 | +4% | +$24.9M |
|
119
Canadian National Railway
CNI
$60.4B
| $615M | 0.16% | 5,705,293 +126,624 | +2% | +$13.7M |
|
|
ATVI
120
DELISTED
Activision Blizzard Inc.
ATVI
| $614M | 0.16% | 8,258,417 +213,746 | +3% | +$15.9M |
|
121
Uber
UBER
$196B
| $612M | 0.16% | 23,076,342 -1,392,017 | -6% | -$36.9M |
|
122
Schlumberger
SLB
$55B
| $610M | 0.16% | 16,996,082 +1,702,448 | +11% | +$61.1M |
|
123
Emerson Electric
EMR
$74.3B
| $602M | 0.16% | 8,228,526 +535,867 | +7% | +$39.2M |
|
124
Crown Castle
CCI
$43.2B
| $593M | 0.16% | 4,104,882 -4,914 | -0.1% | -$710K |
|
125
Shell
SHEL
$215B
| $592M | 0.16% | 11,903,336 +349,449 | +3% | +$17.4M |
|