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 |
Broadcom
AVGO
|
$487M |
| 2 |
Aptiv
APTV
|
$362M |
| 3 |
LyondellBasell Industries
LYB
|
$338M |
| 4 |
Alphabet (Google) Class C
GOOG
|
$284M |
| 5 |
NXP Semiconductors
NXPI
|
$204M |
Top Sells
| 1 |
EMC
EMC CORPORATION
EMC
|
$479M |
| 2 |
Duke Energy
DUK
|
$392M |
| 3 |
Verizon
VZ
|
$242M |
| 4 |
Crown Castle
CCI
|
$174M |
| 5 |
HOT
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
|
$167M |
Sector Composition
| 1 | Financials | 17.63% |
| 2 | Technology | 14.6% |
| 3 | Healthcare | 13.9% |
| 4 | Consumer Discretionary | 9.72% |
| 5 | Industrials | 8.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
Becton Dickinson
BDX
$54.8B
| $249M | 0.12% |
1,486,119
-173,020
| -10% | -$29M |
|
177
Consolidated Edison
ED
$35.3B
| $248M | 0.12% |
3,442,326
-144,017
| -4% | -$10.4M |
|
178
Ross Stores
ROST
$50B
| $246M | 0.12% |
4,005,475
+948,070
| +31% | +$58.2M |
|
179
Franco-Nevada
FNV
$36.6B
| $241M | 0.11% |
3,610,940
+30,887
| +0.9% | +$2.06M |
|
180
Cardinal Health
CAH
$35.7B
| $239M | 0.11% |
3,217,467
+52,182
| +2% | +$3.87M |
|
181
CSX Corp
CSX
$60.9B
| $238M | 0.11% |
24,557,460
+1,110,285
| +5% | +$10.8M |
|
182
Waste Connections
WCN
$46.6B
| $236M | 0.11% |
4,964,820
+424,047
| +9% | +$20.2M |
|
183
Corning
GLW
$59.7B
| $233M | 0.11% |
10,328,069
-39,397
| -0.4% | -$890K |
|
184
Prologis
PLD
$105B
| $232M | 0.11% |
4,541,728
| – | – |
|
185
Sysco
SYY
$39.5B
| $232M | 0.11% |
4,952,366
+50,395
| +1% | +$2.36M |
|
|
TFCF
186
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $231M | 0.11% |
9,759,961
-516,336
| -5% | -$12.2M |
|
187
Intuit
INTU
$186B
| $231M | 0.11% |
2,194,178
+43,982
| +2% | +$4.62M |
|
188
Canadian Pacific Kansas City
CP
$70.5B
| $230M | 0.11% |
7,907,810
+1,304,655
| +20% | +$38M |
|
189
HCA Healthcare
HCA
$96.3B
| $229M | 0.11% |
3,166,326
-53,091
| -2% | -$3.84M |
|
|
PARA
190
DELISTED
Paramount Global Class B
PARA
| $228M | 0.11% |
4,362,742
+285,016
| +7% | +$14.9M |
|
191
Las Vegas Sands
LVS
$37.8B
| $227M | 0.11% |
4,124,701
+57,870
| +1% | +$3.18M |
|
192
Zoetis
ZTS
$67.9B
| $227M | 0.11% |
4,562,773
-79,366
| -2% | -$3.94M |
|
|
PXD
193
DELISTED
Pioneer Natural Resource Co.
PXD
| $226M | 0.11% |
1,277,024
-11,205
| -0.9% | -$1.99M |
|
194
Illumina
ILMN
$15.5B
| $225M | 0.11% |
1,334,575
+147,035
| +12% | +$24.8M |
|
195
Humana
HUM
$37.5B
| $224M | 0.11% |
1,326,849
-21,148
| -2% | -$3.57M |
|
196
TE Connectivity
TEL
$61.6B
| $223M | 0.11% |
3,626,112
-89,330
| -2% | -$5.49M |
|
197
Devon Energy
DVN
$22.6B
| $221M | 0.1% |
5,236,405
+24,050
| +0.5% | +$1.01M |
|
198
Welltower
WELL
$112B
| $220M | 0.1% |
3,087,511
| – | – |
|
199
Morgan Stanley
MS
$240B
| $220M | 0.1% |
7,193,919
-968,672
| -12% | -$29.7M |
|
200
Archer Daniels Midland
ADM
$29.8B
| $220M | 0.1% |
5,466,515
+179,054
| +3% | +$7.21M |
|