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 |
Microsoft
MSFT
|
$864M |
| 2 |
UBS Group
UBS
|
$761M |
| 3 |
Apple
AAPL
|
$743M |
| 4 |
JPMorgan Chase
JPM
|
$590M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$539M |
Top Sells
| 1 |
Bank of America
BAC
|
$703M |
| 2 |
Oracle
ORCL
|
$535M |
| 3 |
T-Mobile US
TMUS
|
$390M |
| 4 |
Meta Platforms (Facebook)
META
|
$298M |
| 5 |
Deutsche Bank
DB
|
$233M |
Sector Composition
| 1 | Technology | 26.13% |
| 2 | Financials | 13.76% |
| 3 | Healthcare | 13.71% |
| 4 | Consumer Discretionary | 10.81% |
| 5 | Communication Services | 7.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
Edwards Lifesciences
EW
$47.8B
| $715M | 0.16% | 8,646,751 -177,672 | -2% | -$14.7M |
|
127
Federal Realty Investment Trust
FRT
$8.67B
| $713M | 0.16% | 7,212,626 | – | – |
|
128
Canadian National Railway
CNI
$60.4B
| $711M | 0.16% | 6,026,403 -99,293 | -2% | -$11.7M |
|
129
Becton Dickinson
BDX
$55.3B
| $709M | 0.16% | 2,862,527 +120,105 | +4% | +$29.7M |
|
130
Boston Scientific
BSX
$156B
| $704M | 0.15% | 14,063,064 +392,857 | +3% | +$19.7M |
|
131
Waste Management
WM
$91.2B
| $698M | 0.15% | 4,277,911 +81,262 | +2% | +$13.3M |
|
132
Boston Properties
BXP
$11.5B
| $687M | 0.15% | 12,695,570 | – | – |
|
133
Humana
HUM
$36.5B
| $686M | 0.15% | 1,414,107 +65,944 | +5% | +$32M |
|
134
Chubb
CB
$110B
| $686M | 0.15% | 3,533,258 +724,276 | +26% | +$141M |
|
135
Marsh & McLennan
MMC
$101B
| $677M | 0.15% | 4,064,437 +81,784 | +2% | +$13.6M |
|
136
Crown Castle
CCI
$43.2B
| $675M | 0.15% | 5,040,364 +306,680 | +6% | +$41M |
|
137
United Rentals
URI
$61.5B
| $673M | 0.15% | 1,699,286 +49,366 | +3% | +$19.5M |
|
138
Centene
CNC
$14.3B
| $670M | 0.15% | 10,605,554 +1,908,629 | +22% | +$121M |
|
139
AutoZone
AZO
$70.2B
| $660M | 0.14% | 268,591 +1,462 | +0.5% | +$3.59M |
|
140
Uber
UBER
$196B
| $659M | 0.14% | 20,781,257 -2,695,021 | -11% | -$85.4M |
|
141
Valero Energy
VLO
$47.2B
| $658M | 0.14% | 4,714,972 +498,575 | +12% | +$69.6M |
|
142
Colgate-Palmolive
CL
$67.9B
| $657M | 0.14% | 8,747,619 +564,918 | +7% | +$42.5M |
|
143
GE Aerospace
GE
$292B
| $654M | 0.14% | 6,844,152 -737,591 | -10% | -$70.5M |
|
144
Sea Limited
SE
$110B
| $653M | 0.14% | 7,546,968 +2,984,480 | +65% | +$258M |
|
145
American Homes 4 Rent
AMH
$13.3B
| $646M | 0.14% | 20,545,305 | – | – |
|
146
Fiserv
FI
$75.1B
| $627M | 0.14% | 5,546,512 +133,641 | +2% | +$15.1M |
|
147
Stellantis
STLA
$27.8B
| $626M | 0.14% | 34,500,701 +2,696,395 | +8% | +$48.9M |
|
148
HCA Healthcare
HCA
$94.5B
| $626M | 0.14% | 2,374,213 +94,235 | +4% | +$24.8M |
|
149
CSX Corp
CSX
$60.6B
| $622M | 0.14% | 20,763,638 +707,186 | +4% | +$21.2M |
|
150
Blackstone
BX
$134B
| $617M | 0.14% | 7,022,664 +143,636 | +2% | +$12.6M |
|