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 |
CRH
CRH
|
$872M |
| 2 |
Welltower
WELL
|
$785M |
| 3 |
Kenvue
KVUE
|
$631M |
| 4 |
Simon Property Group
SPG
|
$575M |
| 5 |
Sempra
SRE
|
$522M |
Top Sells
| 1 |
Meta Platforms (Facebook)
META
|
$744M |
| 2 |
Johnson & Johnson
JNJ
|
$664M |
| 3 |
Apple
AAPL
|
$565M |
| 4 |
LSI
Life Storage, Inc.
LSI
|
$408M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$370M |
Sector Composition
| 1 | Technology | 27.06% |
| 2 | Financials | 13.87% |
| 3 | Healthcare | 12.92% |
| 4 | Consumer Discretionary | 11.28% |
| 5 | Communication Services | 8.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
CME Group
CME
$96B
| $807M | 0.16% | 4,032,322 +138,308 | +4% | +$27.7M |
|
127
United Rentals
URI
$61.5B
| $800M | 0.16% | 1,800,180 -52,009 | -3% | -$23.1M |
|
|
128
Kenvue
KVUE
$39.7B
| $778M | 0.16% | 38,759,685 +31,433,554 | +429% | +$631M |
|
129
Boston Scientific
BSX
$156B
| $769M | 0.16% | 14,560,586 +167,454 | +1% | +$8.84M |
|
130
Goldman Sachs
GS
$226B
| $762M | 0.15% | 2,355,203 +45,262 | +2% | +$14.6M |
|
131
Boston Properties
BXP
$11.5B
| $755M | 0.15% | 12,695,570 | – | – |
|
132
Becton Dickinson
BDX
$55.3B
| $751M | 0.15% | 2,904,435 +46,667 | +2% | +$12.1M |
|
133
KLA
KLAC
$115B
| $751M | 0.15% | 1,637,047 +6,559 | +0.4% | +$3.01M |
|
134
Air Products & Chemicals
APD
$65.5B
| $748M | 0.15% | 2,639,516 -7,426 | -0.3% | -$2.1M |
|
135
Citigroup
C
$178B
| $744M | 0.15% | 18,077,310 -4,865,518 | -21% | -$200M |
|
136
American Homes 4 Rent
AMH
$13.3B
| $740M | 0.15% | 21,967,376 +160,254 | +0.7% | +$5.4M |
|
137
American Tower
AMT
$95.5B
| $736M | 0.15% | 4,477,376 +131,937 | +3% | +$21.7M |
|
138
Illinois Tool Works
ITW
$77.1B
| $729M | 0.15% | 3,163,620 -238,609 | -7% | -$55M |
|
139
Blackstone
BX
$134B
| $720M | 0.15% | 6,716,317 -922,807 | -12% | -$98.9M |
|
140
Intercontinental Exchange
ICE
$101B
| $717M | 0.15% | 6,517,922 +406,983 | +7% | +$44.8M |
|
141
Shopify
SHOP
$184B
| $709M | 0.14% | 12,995,131 +331,538 | +3% | +$18.1M |
|
142
Pinduoduo
PDD
$171B
| $703M | 0.14% | 7,164,807 +1,134,697 | +19% | +$111M |
|
143
FedEx
FDX
$54.5B
| $702M | 0.14% | 2,648,620 +82,860 | +3% | +$22M |
|
144
Stellantis
STLA
$27.8B
| $695M | 0.14% | 36,121,655 +3,225,703 | +10% | +$62.1M |
|
145
AutoZone
AZO
$70.2B
| $695M | 0.14% | 273,442 +401 | +0.1% | +$1.02M |
|
146
Humana
HUM
$36.5B
| $686M | 0.14% | 1,410,031 -63,986 | -4% | -$31.1M |
|
147
Fiserv
FI
$75.1B
| $684M | 0.14% | 6,055,884 +310,274 | +5% | +$35M |
|
148
Enbridge
ENB
$105B
| $682M | 0.14% | 20,574,707 +804,664 | +4% | +$26.7M |
|
149
Canadian National Railway
CNI
$60.4B
| $677M | 0.14% | 6,252,032 +271,596 | +5% | +$29.4M |
|
150
American International
AIG
$45.1B
| $675M | 0.14% | 11,133,029 -29,436 | -0.3% | -$1.78M |
|