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 |
Intuitive Surgical
ISRG
|
$704M |
| 2 |
Walmart
WMT
|
$635M |
| 3 |
T-Mobile US
TMUS
|
$554M |
| 4 |
Alphabet (Google) Class C
GOOG
|
$501M |
| 5 |
Autodesk
ADSK
|
$411M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
$899M |
| 2 |
Apple
AAPL
|
$724M |
| 3 |
Visa
V
|
$409M |
| 4 |
KSU
Kansas City Southern
KSU
|
$251M |
| 5 |
Automatic Data Processing
ADP
|
$222M |
Sector Composition
| 1 | Technology | 24.84% |
| 2 | Financials | 13.82% |
| 3 | Healthcare | 12.74% |
| 4 | Consumer Discretionary | 11.89% |
| 5 | Communication Services | 9.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
Regeneron Pharmaceuticals
REGN
$61.5B
| $609M | 0.13% | 964,691 -15,695 | -2% | -$9.91M |
|
152
Stellantis
STLA
$27.8B
| $608M | 0.12% | 32,017,909 -2,919,256 | -8% | -$55.4M |
|
153
Kilroy Realty
KRC
$4.92B
| $602M | 0.12% | 9,057,009 | – | – |
|
154
KLA
KLAC
$115B
| $599M | 0.12% | 1,391,860 -130,988 | -9% | -$56.3M |
|
155
HCA Healthcare
HCA
$94.5B
| $596M | 0.12% | 2,321,329 -103,546 | -4% | -$26.6M |
|
156
3M
MMM
$82.8B
| $596M | 0.12% | 3,357,121 -88,545 | -3% | -$15.7M |
|
157
Uber
UBER
$196B
| $594M | 0.12% | 14,178,129 -1,209,350 | -8% | -$50.7M |
|
158
FedEx
FDX
$54.5B
| $593M | 0.12% | 2,292,873 -65,040 | -3% | -$16.8M |
|
159
Vertex Pharmaceuticals
VRTX
$100B
| $589M | 0.12% | 2,679,899 +153,719 | +6% | +$33.8M |
|
160
Chubb
CB
$110B
| $581M | 0.12% | 3,006,671 -15,343 | -0.5% | -$2.97M |
|
161
Weyerhaeuser
WY
$18.7B
| $580M | 0.12% | 14,085,485 -26,172 | -0.2% | -$1.08M |
|
|
INFO
162
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $579M | 0.12% | 4,357,372 +173,379 | +4% | +$23M |
|
163
Trane Technologies
TT
$92.5B
| $578M | 0.12% | 2,861,996 +561,054 | +24% | +$113M |
|
164
Waste Connections
WCN
$47.5B
| $576M | 0.12% | 4,225,217 +117,241 | +3% | +$16M |
|
|
165
Automatic Data Processing
ADP
$123B
| $566M | 0.12% | 2,297,177 -899,581 | -28% | -$222M |
|
166
Humana
HUM
$36.5B
| $564M | 0.12% | 1,214,923 -51,604 | -4% | -$23.9M |
|
167
Moody's
MCO
$91.4B
| $564M | 0.12% | 1,442,776 -32,635 | -2% | -$12.7M |
|
168
Boston Scientific
BSX
$156B
| $563M | 0.12% | 13,255,827 -482,519 | -4% | -$20.5M |
|
169
Fidelity National Information Services
FIS
$36.5B
| $562M | 0.12% | 5,153,287 -185,446 | -3% | -$20.2M |
|
170
Progressive
PGR
$145B
| $561M | 0.12% | 5,464,322 -154,046 | -3% | -$15.8M |
|
171
Emerson Electric
EMR
$74.3B
| $558M | 0.11% | 6,003,830 -15,104 | -0.3% | -$1.4M |
|
172
Bank of New York Mellon
BK
$74.5B
| $555M | 0.11% | 9,557,213 -280,442 | -3% | -$16.3M |
|
173
Johnson Controls International
JCI
$69.9B
| $552M | 0.11% | 6,793,366 -131,874 | -2% | -$10.7M |
|
174
Dollar General
DG
$23.9B
| $548M | 0.11% | 2,323,115 -46,618 | -2% | -$11M |
|
175
Aptiv
APTV
$17.3B
| $545M | 0.11% | 3,304,165 -737,145 | -18% | -$122M |
|