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 |
Microsoft
MSFT
|
$864M |
| 2 |
UBS Group
UBS
|
$761M |
| 3 |
Apple
AAPL
|
$743M |
| 4 |
JPMorgan Chase
JPM
|
$590M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$539M |
Top Sells
| 1 |
Bank of America
BAC
|
$703M |
| 2 |
Oracle
ORCL
|
$535M |
| 3 |
T-Mobile US
TMUS
|
$390M |
| 4 |
Meta Platforms (Facebook)
META
|
$298M |
| 5 |
Deutsche Bank
DB
|
$233M |
Sector Composition
| 1 | Technology | 26.13% |
| 2 | Financials | 13.76% |
| 3 | Healthcare | 13.71% |
| 4 | Consumer Discretionary | 10.81% |
| 5 | Communication Services | 7.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Micron Technology
MU
$133B
| $896M | 0.2% | 14,857,452 +3,221,622 | +28% | +$194M |
|
102
TJX Companies
TJX
$152B
| $895M | 0.2% | 11,420,136 +218,744 | +2% | +$17.1M |
|
103
Zoetis
ZTS
$69.3B
| $886M | 0.19% | 5,323,626 +234,163 | +5% | +$39M |
|
104
Charles Schwab
SCHW
$174B
| $864M | 0.19% | 16,502,307 +581,642 | +4% | +$30.5M |
|
105
Estee Lauder
EL
$33B
| $859M | 0.19% | 3,484,737 +26,313 | +0.8% | +$6.49M |
|
106
Lam Research
LRCX
$127B
| $854M | 0.19% | 1,610,664 +137,369 | +9% | +$72.8M |
|
107
Equinix
EQIX
$76.9B
| $841M | 0.18% | 1,165,729 +58,059 | +5% | +$41.9M |
|
108
Cadence Design Systems
CDNS
$95.5B
| $839M | 0.18% | 3,993,560 -805,652 | -17% | -$169M |
|
109
Alcon
ALC
$39.5B
| $834M | 0.18% | 11,791,894 +75,422 | +0.6% | +$5.33M |
|
110
Eaton
ETN
$136B
| $831M | 0.18% | 4,848,150 -237,033 | -5% | -$40.6M |
|
111
Regeneron Pharmaceuticals
REGN
$61.5B
| $823M | 0.18% | 1,001,113 +34,646 | +4% | +$28.5M |
|
112
Illinois Tool Works
ITW
$77.1B
| $810M | 0.18% | 3,326,792 +111,819 | +3% | +$27.2M |
|
113
Target
TGT
$43.6B
| $805M | 0.18% | 4,858,935 -11,368 | -0.2% | -$1.88M |
|
114
Vertex Pharmaceuticals
VRTX
$100B
| $797M | 0.17% | 2,528,939 +77,418 | +3% | +$24.4M |
|
115
Workday
WDAY
$61.6B
| $795M | 0.17% | 3,847,679 +258,941 | +7% | +$53.5M |
|
116
Cigna
CI
$80.3B
| $780M | 0.17% | 3,051,109 +143,092 | +5% | +$36.6M |
|
117
Simon Property Group
SPG
$59B
| $775M | 0.17% | 6,924,526 +47,720 | +0.7% | +$5.34M |
|
118
Amphenol
APH
$133B
| $765M | 0.17% | 9,359,705 +771,793 | +9% | +$63.1M |
|
119
Goldman Sachs
GS
$226B
| $754M | 0.17% | 2,304,989 +93,063 | +4% | +$30.4M |
|
|
ATVI
120
DELISTED
Activision Blizzard Inc.
ATVI
| $754M | 0.16% | 8,804,327 -900,729 | -9% | -$77.1M |
|
121
CME Group
CME
$96B
| $751M | 0.16% | 3,919,441 +289,078 | +8% | +$55.4M |
|
122
Ferguson
FERG
$46.4B
| $738M | 0.16% | 5,606,822 +771,581 | +16% | +$102M |
|
123
Enbridge
ENB
$105B
| $727M | 0.16% | 19,062,756 +558,388 | +3% | +$21.3M |
|
124
Public Storage
PSA
$51.7B
| $719M | 0.16% | 2,378,846 -14,216 | -0.6% | -$4.3M |
|
125
McKesson
MCK
$85.4B
| $718M | 0.16% | 2,016,729 +326,711 | +19% | +$116M |
|