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 C
GOOG
|
$2.27B |
| 2 |
Shell
SHEL
|
$668M |
| 3 |
S&P Global
SPGI
|
$613M |
| 4 |
Thermo Fisher Scientific
TMO
|
$548M |
| 5 |
Advanced Micro Devices
AMD
|
$527M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
$2.22B |
| 2 |
Chevron
CVX
|
$1.39B |
| 3 |
Nucor
NUE
|
$590M |
| 4 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
$579M |
| 5 |
XLNX
Xilinx Inc
XLNX
|
$487M |
Sector Composition
| 1 | Technology | 24.3% |
| 2 | Financials | 14.64% |
| 3 | Healthcare | 12.85% |
| 4 | Consumer Discretionary | 11.35% |
| 5 | Communication Services | 8.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
Estee Lauder
EL
$33.1B
| $600M | 0.13% |
2,202,640
-117,009
| -5% | -$31.9M |
|
152
Mid-America Apartment Communities
MAA
$16.8B
| $599M | 0.13% |
2,860,892
| – | – |
|
153
Ferguson
FERG
$46.1B
| $598M | 0.13% |
4,381,898
+304,788
| +7% | +$41.6M |
|
154
Boston Scientific
BSX
$159B
| $592M | 0.13% |
13,371,173
+115,346
| +0.9% | +$5.11M |
|
155
Norfolk Southern
NSC
$62.4B
| $591M | 0.13% |
2,073,537
-25,988
| -1% | -$7.41M |
|
156
Colgate-Palmolive
CL
$67.7B
| $585M | 0.13% |
7,715,249
+108,489
| +1% | +$8.23M |
|
157
Deutsche Bank
DB
$67B
| $583M | 0.13% |
45,774,094
-3,073,812
| -6% | -$39.2M |
|
158
Uber
UBER
$194B
| $581M | 0.13% |
16,292,301
+2,114,172
| +15% | +$75.4M |
|
159
Parker-Hannifin
PH
$94.8B
| $581M | 0.13% |
2,048,093
-215,424
| -10% | -$61.1M |
|
160
Canadian Imperial Bank of Commerce
CM
$72.9B
| $574M | 0.13% |
4,733,145
+627,841
| +15% | +$76.2M |
|
161
Corteva
CTVA
$49.2B
| $566M | 0.12% |
9,851,974
-3,178
| -0% | -$183K |
|
162
HCA Healthcare
HCA
$95.4B
| $565M | 0.12% |
2,253,513
-67,816
| -3% | -$17M |
|
163
Marvell Technology
MRVL
$53.7B
| $564M | 0.12% |
7,870,457
+425,566
| +6% | +$30.5M |
|
164
Humana
HUM
$37.5B
| $561M | 0.12% |
1,288,641
+73,718
| +6% | +$32.1M |
|
165
General Dynamics
GD
$86.8B
| $559M | 0.12% |
2,316,607
-9,284
| -0.4% | -$2.24M |
|
166
TC Energy
TRP
$54.1B
| $550M | 0.12% |
9,753,919
+936,145
| +11% | +$52.8M |
|
167
Centene
CNC
$14.8B
| $536M | 0.12% |
6,366,049
+656,628
| +12% | +$55.3M |
|
168
Stellantis
STLA
$26.4B
| $534M | 0.12% |
32,571,385
+553,476
| +2% | +$9.07M |
|
169
Air Products & Chemicals
APD
$64.8B
| $533M | 0.12% |
2,132,673
+764,547
| +56% | +$191M |
|
170
KLA
KLAC
$111B
| $529M | 0.12% |
1,445,323
+53,463
| +4% | +$19.6M |
|
171
Ford
F
$46.2B
| $528M | 0.12% |
31,234,839
-6,325,524
| -17% | -$107M |
|
172
Waste Connections
WCN
$46.5B
| $527M | 0.11% |
3,773,731
-451,486
| -11% | -$63.1M |
|
173
Fidelity National Information Services
FIS
$35.6B
| $526M | 0.11% |
5,237,874
+84,587
| +2% | +$8.49M |
|
174
Moderna
MRNA
$9.36B
| $524M | 0.11% |
3,042,180
-2,269
| -0.1% | -$391K |
|
175
Automatic Data Processing
ADP
$121B
| $522M | 0.11% |
2,294,347
-2,830
| -0.1% | -$644K |
|