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 C
GOOG
|
$1.03B |
| 2 |
Apple
AAPL
|
$1B |
| 3 |
Microsoft
MSFT
|
$818M |
| 4 |
Cigna
CI
|
$642M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
$491M |
Top Sells
| 1 |
T-Mobile US
TMUS
|
$534M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
$469M |
| 3 |
TWTR
Twitter, Inc.
TWTR
|
$388M |
| 4 |
DRE
Duke Realty Corp.
DRE
|
$358M |
| 5 |
IBM
IBM
|
$216M |
Sector Composition
| 1 | Technology | 22.99% |
| 2 | Healthcare | 15.11% |
| 3 | Financials | 15% |
| 4 | Consumer Discretionary | 10.13% |
| 5 | Industrials | 8.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Boston Properties
BXP
$11.5B
| $858M | 0.21% | 12,695,570 +74,466 | +0.6% | +$5.03M |
|
102
Simon Property Group
SPG
$59B
| $808M | 0.19% | 6,876,806 +2,729,256 | +66% | +$321M |
|
103
Progressive
PGR
$145B
| $803M | 0.19% | 6,190,487 +342,847 | +6% | +$44.5M |
|
104
Alcon
ALC
$39.5B
| $801M | 0.19% | 11,716,472 +452,790 | +4% | +$30.9M |
|
105
Eaton
ETN
$136B
| $798M | 0.19% | 5,085,183 -333,835 | -6% | -$52.4M |
|
106
Stryker
SYK
$150B
| $776M | 0.19% | 3,175,316 +131,106 | +4% | +$32.1M |
|
107
Cadence Design Systems
CDNS
$95.5B
| $771M | 0.19% | 4,799,212 +218,354 | +5% | +$35.1M |
|
108
Goldman Sachs
GS
$226B
| $760M | 0.18% | 2,211,926 +105,659 | +5% | +$36.3M |
|
109
Palo Alto Networks
PANW
$127B
| $751M | 0.18% | 5,383,947 +426,057 | +9% | +$59.5M |
|
110
Zoetis
ZTS
$69.3B
| $746M | 0.18% | 5,089,463 +283,610 | +6% | +$41.6M |
|
|
ATVI
111
DELISTED
Activision Blizzard Inc.
ATVI
| $743M | 0.18% | 9,705,056 +1,446,639 | +18% | +$111M |
|
112
American International
AIG
$45.1B
| $736M | 0.18% | 11,639,195 -269,904 | -2% | -$17.1M |
|
113
PNC Financial Services
PNC
$81.7B
| $735M | 0.18% | 4,656,637 +90,479 | +2% | +$14.3M |
|
114
Federal Realty Investment Trust
FRT
$8.67B
| $729M | 0.18% | 7,212,626 | – | – |
|
115
Canadian National Railway
CNI
$60.4B
| $728M | 0.18% | 6,125,696 +420,403 | +7% | +$49.9M |
|
116
Target
TGT
$43.6B
| $726M | 0.18% | 4,870,303 +365,822 | +8% | +$54.5M |
|
117
Equinix
EQIX
$76.9B
| $726M | 0.17% | 1,107,670 +601 | +0.1% | +$394K |
|
118
Enbridge
ENB
$105B
| $723M | 0.17% | 18,504,368 +743,862 | +4% | +$29.1M |
|
119
Centene
CNC
$14.3B
| $713M | 0.17% | 8,696,925 +2,454,786 | +39% | +$201M |
|
120
Illinois Tool Works
ITW
$77.1B
| $708M | 0.17% | 3,214,973 +223,054 | +7% | +$49.1M |
|
121
Vertex Pharmaceuticals
VRTX
$100B
| $708M | 0.17% | 2,451,521 +163,049 | +7% | +$47.1M |
|
122
Emerson Electric
EMR
$74.3B
| $703M | 0.17% | 7,314,237 -914,289 | -11% | -$87.8M |
|
123
Becton Dickinson
BDX
$55.3B
| $697M | 0.17% | 2,742,422 +281,656 | +11% | +$71.6M |
|
124
Regeneron Pharmaceuticals
REGN
$61.5B
| $697M | 0.17% | 966,467 +59,854 | +7% | +$43.2M |
|
125
Humana
HUM
$36.5B
| $691M | 0.17% | 1,348,163 +133 | +0% | +$68.1K |
|