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
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$67B |
| 2 |
Apple
AAPL
|
+$54.6B |
| 3 |
Microsoft
MSFT
|
+$41.6B |
| 4 |
Amazon
AMZN
|
+$35.3B |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$29.1B |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 35.64% |
| 2 | Financials | 13.2% |
| 3 | Consumer Discretionary | 9.65% |
| 4 | Communication Services | 9.61% |
| 5 | Healthcare | 9.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1376
Wabash National
WNC
$539M
| $5.49M | ﹤0.01% |
+406,740
| New | +$3.61M |
|
1377
Azenta
AZTA
$1.47B
| $5.48M | ﹤0.01% |
+214,700
| New | +$4.81M |
|
1378
Winnebago Industries
WGO
$859M
| $5.35M | ﹤0.01% |
+171,200
| New | +$5.22M |
|
1379
Stoke Therapeutics
STOK
$2.1B
| $5.34M | ﹤0.01% |
+163,200
| New | +$5.24M |
|
|
PICS
1380
PicS N.V.
PICS
$1.34B
| $5.32M | ﹤0.01% |
+500,000
| New | +$5.68M |
|
1381
Primerica
PRI
$8.97B
| $5.27M | ﹤0.01% |
+18,558
| New | +$5.08M |
|
1382
Green Plains
GPRE
$984M
| $5.21M | ﹤0.01% |
+338,900
| New | +$5.38M |
|
1383
Harmony Biosciences
HRMY
$2.32B
| $5.17M | ﹤0.01% |
+142,100
| New | +$4.48M |
|
|
NPKI
1384
NPK International
NPKI
$1.15B
| $5.14M | ﹤0.01% |
+323,100
| New | +$4.87M |
|
1385
Organon & Co
OGN
$3.61B
| $5.07M | ﹤0.01% |
+374,251
| New | +$4.48M |
|
1386
Box
BOX
$4.81B
| $5.02M | ﹤0.01% |
+189,218
| New | +$4.72M |
|
1387
Encore Capital Group
ECPG
$2.16B
| $4.94M | ﹤0.01% |
+53,000
| New | +$4.32M |
|
1388
New York Times
NYT
$11B
| $4.92M | ﹤0.01% |
+70,373
| New | +$5.43M |
|
1389
Douglas Dynamics
PLOW
$973M
| $4.89M | ﹤0.01% |
+90,600
| New | +$4.18M |
|
|
INGM
1390
Ingram Micro Holding
INGM
$6.76B
| $4.85M | ﹤0.01% |
+176,678
| New | +$4.96M |
|
1391
iRadimed
IRMD
$1.11B
| $4.84M | ﹤0.01% |
+50,600
| New | +$4.61M |
|
1392
Vishay Intertechnology
VSH
$4.87B
| $4.8M | ﹤0.01% |
+89,302
| New | +$3.65M |
|
1393
Peloton Interactive
PTON
$2.33B
| $4.78M | ﹤0.01% |
+808,501
| New | +$4.36M |
|
1394
LegalZoom.com
LZ
$1.04B
| $4.63M | ﹤0.01% |
+755,300
| New | +$4.63M |
|
|
HNGE
1395
Hinge Health
HNGE
$7.49B
| $4.6M | ﹤0.01% |
+55,413
| New | +$3.01M |
|
1396
Paymentus
PAY
$4.48B
| $4.56M | ﹤0.01% |
+188,900
| New | +$4.64M |
|
1397
Dine Brands
DIN
$422M
| $4.55M | ﹤0.01% |
+126,852
| New | +$3.79M |
|
1398
Andersons Inc
ANDE
$2.17B
| $4.54M | ﹤0.01% |
+66,400
| New | +$4.82M |
|
1399
Yeti Holdings
YETI
$3.05B
| $4.54M | ﹤0.01% |
+91,606
| New | +$3.97M |
|
1400
RLJ Lodging Trust
RLJ
$1.73B
| $4.5M | ﹤0.01% |
+380,065
| New | +$3.56M |
|
Similar funds
Norges Bank's Q2 2026 Portfolio in Review
As of Q2 2026, Norges Bank held 1,617 positions worth $1T. Its ten largest holdings account for 32% of the portfolio.
Norges Bank deployed $972B of net new capital in Q2 2026, opening 1,617 new positions. Its largest new stake was NVIDIA: 325,951,734 shares worth $65.2B.
By sector, the portfolio is most concentrated in Technology at 36% of assets, followed by Financials and Consumer Discretionary.
- Norges Bank's largest Q2 2026 buy was NVIDIA: 325,951,734 shares worth $65.2B.
- Norges Bank's ten largest holdings make up 32% of its $1T portfolio in Q2 2026.
- Norges Bank opened 1,617 new positions and closed 0 in Q2 2026.
Based on Norges Bank's 13F filing for Q2 2026, filed 12 Aug 2026.