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
|
$1.45B |
| 2 |
Broadcom
AVGO
|
$1.33B |
| 3 |
Bank of America
BAC
|
$1.02B |
| 4 |
Amazon
AMZN
|
$818M |
| 5 |
Simon Property Group
SPG
|
$802M |
Top Sells
| 1 |
ATVI
Activision Blizzard Inc.
ATVI
|
$1.2B |
| 2 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
$822M |
| 3 |
Kenvue
KVUE
|
$552M |
| 4 |
SGEN
Seagen Inc. Common Stock
SGEN
|
$542M |
| 5 |
RTX Corp
RTX
|
$533M |
Sector Composition
| 1 | Technology | 28.38% |
| 2 | Financials | 13.95% |
| 3 | Healthcare | 11.94% |
| 4 | Consumer Discretionary | 11.37% |
| 5 | Communication Services | 8.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Eaton
ETN
$136B
| $1.09B | 0.19% | 4,517,827 -181,288 | -4% | -$43.7M |
|
102
Progressive
PGR
$145B
| $1.08B | 0.19% | 6,773,176 +262,209 | +4% | +$41.8M |
|
103
Amphenol
APH
$133B
| $1.08B | 0.19% | 10,876,298 +317,632 | +3% | +$31.5M |
|
104
Pinduoduo
PDD
$171B
| $1.08B | 0.19% | 7,348,592 +183,785 | +3% | +$26.9M |
|
105
Prologis
PLD
$106B
| $1.07B | 0.19% | 8,061,874 -1,062,448 | -12% | -$142M |
|
106
UDR
UDR
$13.1B
| $1.07B | 0.19% | 27,826,628 +2,942,154 | +12% | +$113M |
|
107
American Tower
AMT
$95.5B
| $1.05B | 0.18% | 4,872,607 +395,231 | +9% | +$85.3M |
|
108
Shopify
SHOP
$184B
| $1.05B | 0.18% | 13,467,565 +472,434 | +4% | +$36.8M |
|
109
KLA
KLAC
$115B
| $1.05B | 0.18% | 1,804,108 +167,061 | +10% | +$97.1M |
|
110
Marsh & McLennan
MMC
$101B
| $1.05B | 0.18% | 5,531,627 +664,522 | +14% | +$126M |
|
111
PNC Financial Services
PNC
$81.7B
| $1.04B | 0.18% | 6,712,824 +1,598,113 | +31% | +$247M |
|
112
McKesson
MCK
$85.4B
| $1.02B | 0.18% | 2,212,062 +119,347 | +6% | +$55.3M |
|
113
Extra Space Storage
EXR
$30.5B
| $1.02B | 0.18% | 6,379,412 +893,355 | +16% | +$143M |
|
114
IBM
IBM
$227B
| $1.02B | 0.18% | 6,230,566 -2,100,275 | -25% | -$343M |
|
115
CRH
CRH
$75.9B
| $1.01B | 0.18% | 14,670,403 -1,131,147 | -7% | -$78.2M |
|
116
Cigna
CI
$80.3B
| $1.01B | 0.18% | 3,360,653 +231,108 | +7% | +$69.2M |
|
117
Schlumberger
SLB
$55B
| $1B | 0.17% | 19,221,608 -1,200,657 | -6% | -$62.5M |
|
118
Ferguson
FERG
$46.4B
| $989M | 0.17% | 5,137,612 +174,797 | +4% | +$33.6M |
|
119
Alcon
ALC
$39.5B
| $984M | 0.17% | 12,611,176 +240,672 | +2% | +$18.8M |
|
120
Zoetis
ZTS
$69.3B
| $981M | 0.17% | 4,968,567 +122,433 | +3% | +$24.2M |
|
121
Canadian Pacific Kansas City
CP
$69.9B
| $980M | 0.17% | 12,388,761 -805,095 | -6% | -$63.7M |
|
122
United Rentals
URI
$61.5B
| $977M | 0.17% | 1,704,584 -95,596 | -5% | -$54.8M |
|
123
CME Group
CME
$96B
| $959M | 0.17% | 4,554,889 +522,567 | +13% | +$110M |
|
124
Sempra
SRE
$53.9B
| $958M | 0.17% | 12,822,864 -2,126,097 | -14% | -$159M |
|
125
Morgan Stanley
MS
$240B
| $958M | 0.17% | 10,274,582 +252,621 | +3% | +$23.6M |
|