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
|
$1.13B |
| 2 |
Amazon
AMZN
|
$1.03B |
| 3 |
Alphabet (Google) Class A
GOOGL
|
$912M |
| 4 |
NVIDIA
NVDA
|
$872M |
| 5 |
Apple
AAPL
|
$854M |
Top Sells
| 1 |
Shell
SHEL
|
$447M |
| 2 |
Alphabet (Google) Class C
GOOG
|
$434M |
| 3 |
Qualcomm
QCOM
|
$398M |
| 4 |
Synopsys
SNPS
|
$339M |
| 5 |
Accenture
ACN
|
$265M |
Sector Composition
| 1 | Technology | 27.91% |
| 2 | Financials | 13.38% |
| 3 | Healthcare | 13.16% |
| 4 | Consumer Discretionary | 11.33% |
| 5 | Communication Services | 8.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
Air Products & Chemicals
APD
$65.5B
| $793M | 0.16% | 2,646,942 -703,672 | -21% | -$211M |
|
127
KLA
KLAC
$115B
| $791M | 0.16% | 1,630,488 +92,413 | +6% | +$44.8M |
|
128
Boston Scientific
BSX
$156B
| $779M | 0.15% | 14,393,132 +330,068 | +2% | +$17.9M |
|
129
American Homes 4 Rent
AMH
$13.3B
| $773M | 0.15% | 21,807,122 +1,261,817 | +6% | +$44.7M |
|
130
Chubb
CB
$110B
| $763M | 0.15% | 3,963,844 +430,586 | +12% | +$82.9M |
|
131
HCA Healthcare
HCA
$94.5B
| $760M | 0.15% | 2,503,860 +129,647 | +5% | +$39.3M |
|
132
Becton Dickinson
BDX
$55.3B
| $754M | 0.15% | 2,857,768 -4,759 | -0.2% | -$1.26M |
|
133
Regeneron Pharmaceuticals
REGN
$61.5B
| $752M | 0.15% | 1,046,355 +45,242 | +5% | +$32.5M |
|
134
Waste Management
WM
$91.2B
| $750M | 0.15% | 4,327,073 +49,162 | +1% | +$8.53M |
|
135
CSX Corp
CSX
$60.6B
| $747M | 0.15% | 21,903,185 +1,139,547 | +5% | +$38.9M |
|
136
Goldman Sachs
GS
$226B
| $745M | 0.15% | 2,309,941 +4,952 | +0.2% | +$1.6M |
|
137
Enbridge
ENB
$105B
| $735M | 0.15% | 19,770,043 +707,287 | +4% | +$26.3M |
|
138
Boston Properties
BXP
$11.5B
| $731M | 0.14% | 12,695,570 | – | – |
|
139
Fiserv
FI
$75.1B
| $725M | 0.14% | 5,745,610 +199,098 | +4% | +$25.1M |
|
140
Canadian National Railway
CNI
$60.4B
| $724M | 0.14% | 5,980,436 -45,967 | -0.8% | -$5.57M |
|
141
CME Group
CME
$96B
| $722M | 0.14% | 3,894,014 -25,427 | -0.6% | -$4.71M |
|
142
Blackstone
BX
$134B
| $710M | 0.14% | 7,639,124 +616,460 | +9% | +$57.3M |
|
143
Chipotle Mexican Grill
CMG
$56.5B
| $707M | 0.14% | 330,724 +14,328 | +5% | +$30.6M |
|
144
Sherwin-Williams
SHW
$91.2B
| $699M | 0.14% | 2,634,029 -36,074 | -1% | -$9.58M |
|
145
Federal Realty Investment Trust
FRT
$8.67B
| $698M | 0.14% | 7,212,626 | – | – |
|
146
O'Reilly Automotive
ORLY
$88B
| $694M | 0.14% | 726,413 +37,554 | +5% | +$35.9M |
|
147
Intercontinental Exchange
ICE
$101B
| $691M | 0.14% | 6,110,939 +225,826 | +4% | +$25.5M |
|
148
Target
TGT
$43.6B
| $688M | 0.14% | 5,214,245 +355,310 | +7% | +$46.9M |
|
149
AutoZone
AZO
$70.2B
| $681M | 0.13% | 273,041 +4,450 | +2% | +$11.1M |
|
150
Public Storage
PSA
$51.7B
| $678M | 0.13% | 2,323,067 -55,779 | -2% | -$16.3M |
|