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 |
Linde
LIN
|
$2.62B |
| 2 |
TJX Companies
TJX
|
$277M |
| 3 |
Cigna
CI
|
$259M |
| 4 |
Alphabet (Google) Class C
GOOG
|
$234M |
| 5 |
Boston Properties
BXP
|
$225M |
Top Sells
| 1 |
AET
Aetna Inc
AET
|
$646M |
| 2 |
ESRX
Express Scripts Holding Company
ESRX
|
$543M |
| 3 |
PX
Praxair Inc
PX
|
$305M |
| 4 |
COL
Rockwell Collins
COL
|
$240M |
| 5 |
ANDV
Andeavor
ANDV
|
$222M |
Sector Composition
| 1 | Technology | 17.09% |
| 2 | Financials | 16.89% |
| 3 | Healthcare | 14.43% |
| 4 | Consumer Discretionary | 11.2% |
| 5 | Communication Services | 9.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
Bank of Montreal
BMO
$86.7B
| $405M | 0.15% | 6,203,843 -757,947 | -11% | -$49.5M |
|
127
Zoetis
ZTS
$69.3B
| $404M | 0.15% | 4,723,866 +50,075 | +1% | +$4.28M |
|
128
Waste Management
WM
$91.2B
| $402M | 0.15% | 4,519,716 +420,853 | +10% | +$37.5M |
|
129
Humana
HUM
$36.5B
| $402M | 0.15% | 1,403,648 | – | – |
|
130
Illinois Tool Works
ITW
$77.1B
| $402M | 0.15% | 3,173,661 -363,866 | -10% | -$46.1M |
|
131
Norfolk Southern
NSC
$62.8B
| $400M | 0.15% | 2,676,962 +7,952 | +0.3% | +$1.19M |
|
132
S&P Global
SPGI
$167B
| $392M | 0.15% | 2,304,545 +231,539 | +11% | +$39.3M |
|
133
Bank of New York Mellon
BK
$74.5B
| $390M | 0.15% | 8,288,772 -61,487 | -0.7% | -$2.89M |
|
|
ALXN
134
DELISTED
Alexion Pharmaceuticals Inc
ALXN
| $389M | 0.14% | 3,994,796 +344,583 | +9% | +$33.5M |
|
135
Phillips 66
PSX
$54B
| $387M | 0.14% | 4,489,341 -27,945 | -0.6% | -$2.41M |
|
136
Chubb
CB
$110B
| $387M | 0.14% | 2,993,302 -362,297 | -11% | -$46.8M |
|
137
Vertex Pharmaceuticals
VRTX
$100B
| $381M | 0.14% | 2,296,681 -27,323 | -1% | -$4.53M |
|
138
Aptiv
APTV
$17.3B
| $380M | 0.14% | 6,173,998 +3,312,148 | +116% | +$204M |
|
139
Intercontinental Exchange
ICE
$101B
| $379M | 0.14% | 5,035,853 +168,343 | +3% | +$12.7M |
|
140
Waste Connections
WCN
$47.5B
| $379M | 0.14% | 5,102,823 | – | – |
|
141
Kilroy Realty
KRC
$4.92B
| $377M | 0.14% | 6,002,167 | – | – |
|
142
Equinix
EQIX
$76.9B
| $374M | 0.14% | 1,059,989 -44,252 | -4% | -$15.6M |
|
143
Cognizant
CTSH
$35.3B
| $366M | 0.14% | 5,769,501 +86,692 | +2% | +$5.5M |
|
144
Micron Technology
MU
$133B
| $366M | 0.14% | 11,531,539 -50,000 | -0.4% | -$1.59M |
|
145
Trane Technologies
TT
$92.5B
| $361M | 0.13% | 3,956,487 +435,551 | +12% | +$39.7M |
|
146
Charter Communications
CHTR
$36.3B
| $360M | 0.13% | 1,263,369 -54,730 | -4% | -$15.6M |
|
147
HCA Healthcare
HCA
$94.5B
| $359M | 0.13% | 2,887,835 +3,600 | +0.1% | +$448K |
|
148
Target
TGT
$43.6B
| $359M | 0.13% | 5,431,777 +35,128 | +0.7% | +$2.32M |
|
149
Parker-Hannifin
PH
$96.2B
| $358M | 0.13% | 2,400,093 -633,543 | -21% | -$94.5M |
|
150
Equitable Holdings
EQH
$16B
| $358M | 0.13% | 21,509,116 +6,956,436 | +48% | +$116M |
|