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
|
$864M |
| 2 |
UBS Group
UBS
|
$761M |
| 3 |
Apple
AAPL
|
$743M |
| 4 |
JPMorgan Chase
JPM
|
$590M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$539M |
Top Sells
| 1 |
Bank of America
BAC
|
$703M |
| 2 |
Oracle
ORCL
|
$535M |
| 3 |
T-Mobile US
TMUS
|
$390M |
| 4 |
Meta Platforms (Facebook)
META
|
$298M |
| 5 |
Deutsche Bank
DB
|
$233M |
Sector Composition
| 1 | Technology | 26.13% |
| 2 | Financials | 13.76% |
| 3 | Healthcare | 13.71% |
| 4 | Consumer Discretionary | 10.81% |
| 5 | Communication Services | 7.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
KLA
KLAC
$115B
| $614M | 0.13% | 1,538,075 +20,360 | +1% | +$8.13M |
|
152
Intercontinental Exchange
ICE
$101B
| $614M | 0.13% | 5,885,113 +235,390 | +4% | +$24.5M |
|
153
Scotiabank
BNS
$77.6B
| $612M | 0.13% | 12,145,231 +125,054 | +1% | +$6.3M |
|
154
TE Connectivity
TEL
$61B
| $605M | 0.13% | 4,611,697 -476,553 | -9% | -$62.5M |
|
155
Sherwin-Williams
SHW
$91.2B
| $600M | 0.13% | 2,670,103 +570,345 | +27% | +$128M |
|
156
General Dynamics
GD
$87.3B
| $595M | 0.13% | 2,608,921 +160,843 | +7% | +$36.7M |
|
157
US Bancorp
USB
$76B
| $588M | 0.13% | 16,319,595 +1,542,334 | +10% | +$55.6M |
|
158
Shopify
SHOP
$184B
| $586M | 0.13% | 12,221,202 +283,471 | +2% | +$13.6M |
|
159
O'Reilly Automotive
ORLY
$88B
| $585M | 0.13% | 688,859 +15,582 | +2% | +$13.2M |
|
160
American International
AIG
$45.1B
| $583M | 0.13% | 11,582,435 -56,760 | -0.5% | -$2.86M |
|
161
Shell
SHEL
$215B
| $581M | 0.13% | 10,095,680 -1,459,561 | -13% | -$84M |
|
162
Mid-America Apartment Communities
MAA
$17.1B
| $571M | 0.13% | 3,782,151 +323,164 | +9% | +$48.8M |
|
163
Southern Company
SO
$102B
| $569M | 0.12% | 8,178,260 +2,072,970 | +34% | +$144M |
|
164
PNC Financial Services
PNC
$81.7B
| $567M | 0.12% | 4,462,395 -194,242 | -4% | -$24.7M |
|
165
Digital Realty Trust
DLR
$57.2B
| $566M | 0.12% | 5,761,955 +1,349,096 | +31% | +$133M |
|
166
FedEx
FDX
$54.5B
| $565M | 0.12% | 2,472,428 +227,700 | +10% | +$52M |
|
167
General Motors
GM
$55.8B
| $556M | 0.12% | 15,164,143 +501,607 | +3% | +$18.4M |
|
168
Bank of Montreal
BMO
$86.7B
| $552M | 0.12% | 6,195,485 -1,694 | -0% | -$151K |
|
169
Ametek
AME
$42.7B
| $546M | 0.12% | 3,758,744 +108,984 | +3% | +$15.8M |
|
170
Parker-Hannifin
PH
$96.2B
| $546M | 0.12% | 1,623,521 -160,967 | -9% | -$54.1M |
|
171
Bank of New York Mellon
BK
$74.5B
| $543M | 0.12% | 11,953,239 +892,400 | +8% | +$40.6M |
|
172
Chipotle Mexican Grill
CMG
$56.5B
| $540M | 0.12% | 316,396 -8,334 | -3% | -$14.2M |
|
173
Trane Technologies
TT
$92.5B
| $538M | 0.12% | 2,922,629 -206,802 | -7% | -$38M |
|
174
Waste Connections
WCN
$47.5B
| $536M | 0.12% | 3,853,613 -688,528 | -15% | -$95.8M |
|
175
Roper Technologies
ROP
$56.6B
| $536M | 0.12% | 1,216,387 +63,946 | +6% | +$28.2M |
|