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 |
Alphabet (Google) Class C
GOOG
|
$2.27B |
| 2 |
Shell
SHEL
|
$668M |
| 3 |
S&P Global
SPGI
|
$613M |
| 4 |
Thermo Fisher Scientific
TMO
|
$548M |
| 5 |
Advanced Micro Devices
AMD
|
$527M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
$2.22B |
| 2 |
Chevron
CVX
|
$1.39B |
| 3 |
Nucor
NUE
|
$590M |
| 4 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
$579M |
| 5 |
XLNX
Xilinx Inc
XLNX
|
$487M |
Sector Composition
| 1 | Technology | 24.3% |
| 2 | Financials | 14.64% |
| 3 | Healthcare | 12.85% |
| 4 | Consumer Discretionary | 11.35% |
| 5 | Communication Services | 8.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
Becton Dickinson
BDX
$53.9B
| $701M | 0.15% |
2,636,275
-335
| -0% | -$89.1K |
|
127
Kilroy Realty
KRC
$4.85B
| $692M | 0.15% |
9,057,009
| – | – |
|
128
Intercontinental Exchange
ICE
$101B
| $691M | 0.15% |
5,231,072
+184,472
| +4% | +$24.4M |
|
129
Regeneron Pharmaceuticals
REGN
$61.3B
| $690M | 0.15% |
987,636
+22,945
| +2% | +$16M |
|
130
Goldman Sachs
GS
$221B
| $689M | 0.15% |
2,088,014
-24,660
| -1% | -$8.14M |
|
131
GE Aerospace
GE
$292B
| $689M | 0.15% |
7,532,519
+135,184
| +2% | +$12.4M |
|
132
Truist Financial
TFC
$59.9B
| $688M | 0.15% |
12,141,430
+4,875
| +0% | +$276K |
|
133
CSX Corp
CSX
$60B
| $688M | 0.15% |
18,375,766
-1,112,792
| -6% | -$41.7M |
|
134
Vertex Pharmaceuticals
VRTX
$100B
| $685M | 0.15% |
2,624,748
-55,151
| -2% | -$14.4M |
|
|
ATVI
135
DELISTED
Activision Blizzard Inc.
ATVI
| $670M | 0.15% |
8,359,446
+737,091
| +10% | +$59M |
|
|
136
Shell
SHEL
$214B
| $668M | 0.15% |
+12,168,641
| New | +$668M |
|
137
Weyerhaeuser
WY
$18B
| $666M | 0.15% |
17,560,351
+3,474,866
| +25% | +$132M |
|
138
TJX Companies
TJX
$154B
| $647M | 0.14% |
10,688,317
-205,812
| -2% | -$12.5M |
|
139
Progressive
PGR
$144B
| $646M | 0.14% |
5,664,284
+199,962
| +4% | +$22.8M |
|
140
American Homes 4 Rent
AMH
$12.9B
| $644M | 0.14% |
16,079,001
| – | – |
|
141
Waste Management
WM
$90.9B
| $643M | 0.14% |
4,057,874
-61,666
| -1% | -$9.77M |
|
142
Marsh & McLennan
MMC
$101B
| $637M | 0.14% |
3,739,296
+1,723,969
| +86% | +$294M |
|
143
Illinois Tool Works
ITW
$77.1B
| $637M | 0.14% |
3,040,790
+22,801
| +0.8% | +$4.77M |
|
144
Equinix
EQIX
$76.9B
| $633M | 0.14% |
854,062
+114,513
| +15% | +$84.9M |
|
145
Workday
WDAY
$61.1B
| $632M | 0.14% |
2,640,714
+121,886
| +5% | +$29.2M |
|
146
Palo Alto Networks
PANW
$127B
| $611M | 0.13% |
981,465
+43,266
| +5% | +$26.9M |
|
147
Emerson Electric
EMR
$73.9B
| $606M | 0.13% |
6,183,637
+179,807
| +3% | +$17.6M |
|
148
AstraZeneca
AZN
$249B
| $604M | 0.13% |
9,102,757
-205,920
| -2% | -$13.7M |
|
149
American International
AIG
$44.9B
| $603M | 0.13% |
9,607,987
+696,758
| +8% | +$43.7M |
|
150
Chubb
CB
$110B
| $601M | 0.13% |
2,807,635
-199,036
| -7% | -$42.6M |
|