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 |
NVIDIA
NVDA
|
$3.37B |
| 2 |
Welltower
WELL
|
$816M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$743M |
| 4 |
Blackstone
BX
|
$671M |
| 5 |
AstraZeneca
AZN
|
$562M |
Top Sells
| 1 |
GE Aerospace
GE
|
$5.12B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
$1.49B |
| 3 |
Microsoft
MSFT
|
$1.07B |
| 4 |
Apple
AAPL
|
$793M |
| 5 |
Applied Materials
AMAT
|
$549M |
Sector Composition
| 1 | Technology | 23.36% |
| 2 | Financials | 14.56% |
| 3 | Healthcare | 12.76% |
| 4 | Consumer Discretionary | 12.17% |
| 5 | Communication Services | 10.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
Estee Lauder
EL
$33B
| $690M | 0.15% | 2,301,993 -57,725 | -2% | -$17.3M |
|
127
Uber
UBER
$196B
| $689M | 0.15% | 15,387,479 -545,163 | -3% | -$24.4M |
|
128
Cigna
CI
$80.3B
| $684M | 0.15% | 3,418,933 -173,162 | -5% | -$34.7M |
|
|
ATVI
129
DELISTED
Activision Blizzard Inc.
ATVI
| $682M | 0.15% | 8,807,414 +517,809 | +6% | +$40.1M |
|
130
Scotiabank
BNS
$77.6B
| $671M | 0.15% | 10,907,379 -661,045 | -6% | -$40.6M |
|
131
Capital One
COF
$145B
| $669M | 0.15% | 4,128,947 -236,332 | -5% | -$38.3M |
|
132
Stellantis
STLA
$27.8B
| $668M | 0.15% | 34,937,165 -1,487,250 | -4% | -$28.4M |
|
133
Essex Property Trust
ESS
$17.4B
| $655M | 0.14% | 2,046,993 | – | – |
|
134
Fidelity National Information Services
FIS
$36.5B
| $650M | 0.14% | 5,338,733 -193,360 | -3% | -$23.5M |
|
135
Becton Dickinson
BDX
$55.3B
| $641M | 0.14% | 2,609,182 -190,905 | -7% | -$46.9M |
|
136
Automatic Data Processing
ADP
$123B
| $639M | 0.14% | 3,196,758 -416,001 | -12% | -$83.2M |
|
137
CME Group
CME
$96B
| $637M | 0.14% | 3,293,156 -87,169 | -3% | -$16.9M |
|
138
Illinois Tool Works
ITW
$77.1B
| $634M | 0.14% | 3,069,495 -242,866 | -7% | -$50.2M |
|
139
Parker-Hannifin
PH
$96.2B
| $634M | 0.14% | 2,266,732 -572,420 | -20% | -$160M |
|
140
Colgate-Palmolive
CL
$67.9B
| $632M | 0.14% | 8,366,853 -296,753 | -3% | -$22.4M |
|
141
Canadian National Railway
CNI
$60.4B
| $626M | 0.14% | 5,412,127 -470,315 | -8% | -$54.4M |
|
142
Sherwin-Williams
SHW
$91.2B
| $613M | 0.14% | 2,191,881 -112,665 | -5% | -$31.5M |
|
143
American Homes 4 Rent
AMH
$13.3B
| $613M | 0.14% | 16,079,001 +2,466,176 | +18% | +$94M |
|
144
Waste Management
WM
$91.2B
| $609M | 0.13% | 4,080,500 -124,915 | -3% | -$18.7M |
|
145
3M
MMM
$82.8B
| $604M | 0.13% | 3,445,666 +329,506 | +11% | +$57.8M |
|
146
Aptiv
APTV
$17.3B
| $602M | 0.13% | 4,041,310 -463,588 | -10% | -$69.1M |
|
147
Kilroy Realty
KRC
$4.92B
| $600M | 0.13% | 9,057,009 | – | – |
|
148
Boston Scientific
BSX
$156B
| $596M | 0.13% | 13,738,346 -438,465 | -3% | -$19M |
|
149
Public Storage
PSA
$51.7B
| $596M | 0.13% | 2,005,119 +208,216 | +12% | +$61.9M |
|
150
Regeneron Pharmaceuticals
REGN
$61.5B
| $593M | 0.13% | 980,386 -56,321 | -5% | -$34.1M |
|