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 |
CRH
CRH
|
$872M |
| 2 |
Welltower
WELL
|
$785M |
| 3 |
Kenvue
KVUE
|
$631M |
| 4 |
Simon Property Group
SPG
|
$575M |
| 5 |
Sempra
SRE
|
$522M |
Top Sells
| 1 |
Meta Platforms (Facebook)
META
|
$744M |
| 2 |
Johnson & Johnson
JNJ
|
$664M |
| 3 |
Apple
AAPL
|
$565M |
| 4 |
LSI
Life Storage, Inc.
LSI
|
$408M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$370M |
Sector Composition
| 1 | Technology | 27.06% |
| 2 | Financials | 13.87% |
| 3 | Healthcare | 12.92% |
| 4 | Consumer Discretionary | 11.28% |
| 5 | Communication Services | 8.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Analog Devices
ADI
$124B
| $979M | 0.2% | 5,589,431 -234,151 | -4% | -$41M |
|
102
Synopsys
SNPS
$112B
| $972M | 0.2% | 2,116,774 +4,951 | +0.2% | +$2.27M |
|
103
Regency Centers
REG
$13.2B
| $962M | 0.2% | 16,179,323 | – | – |
|
104
Alcon
ALC
$39.5B
| $959M | 0.19% | 12,370,504 +33,022 | +0.3% | +$2.56M |
|
105
Workday
WDAY
$61.6B
| $950M | 0.19% | 4,421,826 +358,352 | +9% | +$77M |
|
106
Vertex Pharmaceuticals
VRTX
$100B
| $930M | 0.19% | 2,673,906 +64,995 | +2% | +$22.6M |
|
107
Marsh & McLennan
MMC
$101B
| $926M | 0.19% | 4,867,105 +339,698 | +8% | +$64.6M |
|
108
Sherwin-Williams
SHW
$91.2B
| $912M | 0.19% | 3,576,888 +942,859 | +36% | +$240M |
|
109
McKesson
MCK
$85.4B
| $910M | 0.18% | 2,092,715 +25,217 | +1% | +$11M |
|
110
Progressive
PGR
$145B
| $907M | 0.18% | 6,510,967 +58,866 | +0.9% | +$8.2M |
|
111
Cadence Design Systems
CDNS
$95.5B
| $898M | 0.18% | 3,831,891 +19,615 | +0.5% | +$4.6M |
|
112
Cigna
CI
$80.3B
| $895M | 0.18% | 3,129,545 -86,198 | -3% | -$24.7M |
|
113
Charles Schwab
SCHW
$174B
| $894M | 0.18% | 16,280,560 +117,654 | +0.7% | +$6.46M |
|
114
Micron Technology
MU
$133B
| $891M | 0.18% | 13,094,384 +398,957 | +3% | +$27.1M |
|
115
UDR
UDR
$13.1B
| $888M | 0.18% | 24,884,474 | – | – |
|
116
Amphenol
APH
$133B
| $887M | 0.18% | 10,558,666 +232,468 | +2% | +$19.5M |
|
|
117
CRH
CRH
$75.9B
| $876M | 0.18% | 15,801,550 +15,740,290 | +25,694% | +$872M |
|
118
Regeneron Pharmaceuticals
REGN
$61.5B
| $871M | 0.18% | 1,058,752 +12,397 | +1% | +$10.2M |
|
119
US Bancorp
USB
$76B
| $862M | 0.17% | 26,078,205 +9,648,760 | +59% | +$319M |
|
120
Zoetis
ZTS
$69.3B
| $843M | 0.17% | 4,846,134 -487,936 | -9% | -$84.9M |
|
121
PayPal
PYPL
$67.1B
| $837M | 0.17% | 14,320,938 -239,683 | -2% | -$14M |
|
122
Chubb
CB
$110B
| $832M | 0.17% | 3,994,848 +31,004 | +0.8% | +$6.45M |
|
|
HZNP
123
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $822M | 0.17% | 7,105,064 +1,547,758 | +28% | +$179M |
|
124
Ferguson
FERG
$46.4B
| $820M | 0.17% | 4,962,815 -455,990 | -8% | -$75.4M |
|
125
Morgan Stanley
MS
$240B
| $818M | 0.17% | 10,021,961 -498,474 | -5% | -$40.7M |
|