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 |
Walmart
WMT
|
$459M |
| 2 |
RDS.B
Royal Dutch Shell PLC ADS Class B
RDS.B
|
$401M |
| 3 |
Amazon
AMZN
|
$399M |
| 4 |
Tesla
TSLA
|
$368M |
| 5 |
T-Mobile US
TMUS
|
$295M |
Top Sells
| 1 |
Apple
AAPL
|
$939M |
| 2 |
Alphabet (Google) Class C
GOOG
|
$434M |
| 3 |
Linde
LIN
|
$277M |
| 4 |
Blackrock
BLK
|
$232M |
| 5 |
Suncor Energy
SU
|
$176M |
Sector Composition
| 1 | Technology | 21.18% |
| 2 | Healthcare | 14.75% |
| 3 | Financials | 14.39% |
| 4 | Consumer Discretionary | 11.88% |
| 5 | Communication Services | 9.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
Loews
L
$20B
| $437M | 0.16% |
12,548,966
-1,025,795
| -8% | -$35.7M |
|
127
Progressive
PGR
$143B
| $431M | 0.15% |
5,830,327
-616,493
| -10% | -$45.5M |
|
128
AvalonBay Communities
AVB
$27.8B
| $426M | 0.15% |
2,894,096
| – | – |
|
129
Intercontinental Exchange
ICE
$99.8B
| $420M | 0.15% |
5,200,078
-158,539
| -3% | -$12.8M |
|
130
Southern Company
SO
$101B
| $420M | 0.15% |
7,753,235
-5,461
| -0.1% | -$296K |
|
|
JBGS
131
JBG SMITH
JBGS
$1.4B
| $417M | 0.15% |
13,114,255
| – | – |
|
132
Waste Management
WM
$88.6B
| $417M | 0.15% |
4,504,599
-231,888
| -5% | -$21.5M |
|
133
CSX Corp
CSX
$60.6B
| $411M | 0.15% |
21,500,589
-903,210
| -4% | -$17.3M |
|
134
Dominion Energy
D
$49.7B
| $409M | 0.15% |
5,671,853
-239,140
| -4% | -$17.3M |
|
135
Waste Connections
WCN
$46.1B
| $407M | 0.15% |
5,160,931
| – | – |
|
136
Newmont
NEM
$83.7B
| $404M | 0.14% |
8,095,837
+21,274
| +0.3% | +$1.06M |
|
137
Humana
HUM
$37B
| $404M | 0.14% |
1,285,562
-16,000
| -1% | -$5.02M |
|
138
Shopify
SHOP
$191B
| $401M | 0.14% |
9,616,020
+1,091,670
| +13% | +$45.5M |
|
|
RDS.B
139
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $401M | 0.14% |
+12,264,605
| New | +$401M |
|
140
Regeneron Pharmaceuticals
REGN
$60.8B
| $401M | 0.14% |
820,255
+3,375
| +0.4% | +$1.65M |
|
141
Boston Scientific
BSX
$159B
| $390M | 0.14% |
11,963,268
-2,893,729
| -19% | -$94.4M |
|
142
Baidu
BIDU
$35.1B
| $388M | 0.14% |
3,845,901
+129,041
| +3% | +$13M |
|
143
PNC Financial Services
PNC
$80.5B
| $386M | 0.14% |
4,033,145
-272,598
| -6% | -$26.1M |
|
144
Global Payments
GPN
$21.3B
| $383M | 0.14% |
2,655,448
-80,175
| -3% | -$11.6M |
|
145
Lam Research
LRCX
$130B
| $380M | 0.14% |
15,838,800
-324,920
| -2% | -$7.8M |
|
146
Dollar General
DG
$24.1B
| $379M | 0.14% |
2,512,671
+140,683
| +6% | +$21.2M |
|
147
Advanced Micro Devices
AMD
$245B
| $378M | 0.13% |
8,320,425
-560,869
| -6% | -$25.5M |
|
148
L3Harris
LHX
$51B
| $378M | 0.13% |
2,098,732
+42,149
| +2% | +$7.59M |
|
149
TC Energy
TRP
$53.9B
| $377M | 0.13% |
8,471,017
-70,002
| -0.8% | -$3.11M |
|
150
Chubb
CB
$111B
| $376M | 0.13% |
3,365,871
-677,978
| -17% | -$75.7M |
|