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 A
GOOGL
|
$601M |
| 2 |
Ferguson
FERG
|
$562M |
| 3 |
Stellantis
STLA
|
$496M |
| 4 |
International Flavors & Fragrances
IFF
|
$459M |
| 5 |
Amphenol
APH
|
$305M |
Top Sells
| 1 |
Alibaba
BABA
|
$5.53B |
| 2 |
Alphabet (Google) Class C
GOOG
|
$1.02B |
| 3 |
Apple
AAPL
|
$1.02B |
| 4 |
Tesla
TSLA
|
$741M |
| 5 |
T-Mobile US
TMUS
|
$719M |
Sector Composition
| 1 | Technology | 22.87% |
| 2 | Financials | 14.58% |
| 3 | Healthcare | 12.62% |
| 4 | Consumer Discretionary | 12.5% |
| 5 | Communication Services | 10.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
Analog Devices
ADI
$124B
| $589M | 0.13% | 3,796,736 -94,581 | -2% | -$14.7M |
|
152
Intercontinental Exchange
ICE
$101B
| $587M | 0.13% | 5,252,489 +69,379 | +1% | +$7.75M |
|
153
Global Payments
GPN
$21.5B
| $586M | 0.13% | 2,908,073 +136,196 | +5% | +$27.5M |
|
154
Progressive
PGR
$145B
| $575M | 0.13% | 6,015,747 -122,603 | -2% | -$11.7M |
|
155
Equinix
EQIX
$76.9B
| $572M | 0.13% | 841,529 -22,842 | -3% | -$15.5M |
|
156
Boston Scientific
BSX
$156B
| $568M | 0.13% | 14,684,839 +502,993 | +4% | +$19.4M |
|
157
Workday
WDAY
$61.6B
| $567M | 0.13% | 2,283,568 +246,338 | +12% | +$61.2M |
|
158
Vertex Pharmaceuticals
VRTX
$100B
| $567M | 0.13% | 2,637,526 -133,800 | -5% | -$28.8M |
|
|
159
Ferguson
FERG
$46.4B
| $562M | 0.13% | +4,706,324 | New | +$562M |
|
160
Essex Property Trust
ESS
$17.4B
| $556M | 0.13% | 2,046,993 | – | – |
|
161
Waste Management
WM
$91.2B
| $556M | 0.13% | 4,306,300 -19,863 | -0.5% | -$2.56M |
|
162
Illumina
ILMN
$15.8B
| $551M | 0.13% | 1,433,900 -116,212 | -7% | -$44.6M |
|
163
3M
MMM
$82.8B
| $550M | 0.13% | 2,852,333 +46,972 | +2% | +$9.05M |
|
|
164
International Flavors & Fragrances
IFF
$17.3B
| $543M | 0.12% | 3,888,508 +3,284,689 | +544% | +$459M |
|
165
HCA Healthcare
HCA
$94.5B
| $541M | 0.12% | 2,872,677 -460,349 | -14% | -$86.7M |
|
166
Waste Connections
WCN
$47.5B
| $533M | 0.12% | 4,932,203 -469,789 | -9% | -$50.7M |
|
167
Dollar General
DG
$23.9B
| $531M | 0.12% | 2,618,502 -59,613 | -2% | -$12.1M |
|
168
KLA
KLAC
$115B
| $521M | 0.12% | 1,576,326 -24,553 | -2% | -$8.11M |
|
169
Loews
L
$20.1B
| $514M | 0.12% | 10,024,447 -3,260,936 | -25% | -$167M |
|
170
Aptiv
APTV
$17.3B
| $514M | 0.12% | 3,726,175 -697,373 | -16% | -$96.2M |
|
171
Emerson Electric
EMR
$74.3B
| $509M | 0.12% | 5,640,914 +514,885 | +10% | +$46.5M |
|
172
Baxter International
BAX
$12.7B
| $500M | 0.11% | 5,926,198 +7,793 | +0.1% | +$657K |
|
173
Pinduoduo
PDD
$171B
| $498M | 0.11% | 3,717,439 +7,830 | +0.2% | +$1.05M |
|
174
Cummins
CMI
$54.9B
| $496M | 0.11% | 1,912,535 -70,517 | -4% | -$18.3M |
|
175
Biogen
BIIB
$19.4B
| $490M | 0.11% | 1,752,068 -151,585 | -8% | -$42.4M |
|