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 |
Intuitive Surgical
ISRG
|
$704M |
| 2 |
Walmart
WMT
|
$635M |
| 3 |
T-Mobile US
TMUS
|
$554M |
| 4 |
Alphabet (Google) Class C
GOOG
|
$501M |
| 5 |
Autodesk
ADSK
|
$411M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
$899M |
| 2 |
Apple
AAPL
|
$724M |
| 3 |
Visa
V
|
$409M |
| 4 |
KSU
Kansas City Southern
KSU
|
$251M |
| 5 |
Automatic Data Processing
ADP
|
$222M |
Sector Composition
| 1 | Technology | 24.84% |
| 2 | Financials | 13.82% |
| 3 | Healthcare | 12.74% |
| 4 | Consumer Discretionary | 11.89% |
| 5 | Communication Services | 9.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
CSX Corp
CSX
$60.6B
| $733M | 0.15% | 19,488,558 -205,595 | -1% | -$7.73M |
|
127
Ferguson
FERG
$46.4B
| $723M | 0.15% | 4,077,110 -144,548 | -3% | -$25.6M |
|
128
Essex Property Trust
ESS
$17.4B
| $721M | 0.15% | 2,046,993 | – | – |
|
129
Parker-Hannifin
PH
$96.2B
| $720M | 0.15% | 2,263,517 -3,215 | -0.1% | -$1.02M |
|
130
General Motors
GM
$55.8B
| $711M | 0.15% | 12,134,322 -1,869,843 | -13% | -$110M |
|
131
Truist Financial
TFC
$60.4B
| $711M | 0.15% | 12,136,555 -378,890 | -3% | -$22.2M |
|
132
American Homes 4 Rent
AMH
$13.3B
| $701M | 0.14% | 16,079,001 | – | – |
|
133
GE Aerospace
GE
$292B
| $699M | 0.14% | 7,397,335 -567,168 | -7% | -$53.6M |
|
134
Intercontinental Exchange
ICE
$101B
| $690M | 0.14% | 5,046,600 -47,849 | -0.9% | -$6.54M |
|
135
Workday
WDAY
$61.6B
| $688M | 0.14% | 2,518,828 +319,866 | +15% | +$87.4M |
|
136
Waste Management
WM
$91.2B
| $688M | 0.14% | 4,119,540 +39,040 | +1% | +$6.52M |
|
137
Nucor
NUE
$34.1B
| $684M | 0.14% | 5,990,397 +573,569 | +11% | +$65.5M |
|
138
Snowflake
SNOW
$79.6B
| $680M | 0.14% | 2,007,866 +321,081 | +19% | +$109M |
|
139
Enbridge
ENB
$105B
| $676M | 0.14% | 17,296,895 -176,578 | -1% | -$6.9M |
|
140
Canadian Pacific Kansas City
CP
$69.9B
| $672M | 0.14% | 9,339,320 +2,329,096 | +33% | +$168M |
|
141
Sherwin-Williams
SHW
$91.2B
| $668M | 0.14% | 1,897,956 -293,925 | -13% | -$104M |
|
142
Bank of Montreal
BMO
$86.7B
| $667M | 0.14% | 6,189,262 -988,555 | -14% | -$107M |
|
143
Becton Dickinson
BDX
$55.3B
| $663M | 0.14% | 2,636,610 +27,428 | +1% | +$6.9M |
|
144
Mid-America Apartment Communities
MAA
$17.1B
| $656M | 0.14% | 2,860,892 | – | – |
|
145
Canadian National Railway
CNI
$60.4B
| $654M | 0.13% | 5,323,076 -89,051 | -2% | -$10.9M |
|
146
Marvell Technology
MRVL
$54.2B
| $651M | 0.13% | 7,444,891 -179,321 | -2% | -$15.7M |
|
147
Colgate-Palmolive
CL
$67.9B
| $649M | 0.13% | 7,606,760 -760,093 | -9% | -$64.9M |
|
148
Equinix
EQIX
$76.9B
| $626M | 0.13% | 739,549 +29,376 | +4% | +$24.8M |
|
149
Norfolk Southern
NSC
$62.8B
| $625M | 0.13% | 2,099,525 -44,823 | -2% | -$13.3M |
|
150
Deutsche Bank
DB
$67.7B
| $612M | 0.13% | 48,847,906 +17,456,645 | +56% | +$219M |
|