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 |
QuantumScape
QS
|
$549M |
| 2 |
Meta Platforms (Facebook)
META
|
$443M |
| 3 |
Unilever
UL
|
$365M |
| 4 |
Morgan Stanley
MS
|
$335M |
| 5 |
T-Mobile US
TMUS
|
$256M |
Top Sells
| 1 |
American International
AIG
|
$389M |
| 2 |
UN
Unilever NV New York Registry Shares
UN
|
$368M |
| 3 |
Lear
LEA
|
$304M |
| 4 |
3M
MMM
|
$286M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$278M |
Sector Composition
| 1 | Technology | 23.45% |
| 2 | Consumer Discretionary | 14.21% |
| 3 | Financials | 13.77% |
| 4 | Healthcare | 12.84% |
| 5 | Communication Services | 10.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
Cognizant
CTSH
$35.1B
| $463M | 0.11% |
5,643,873
-336,279
| -6% | -$27.6M |
|
177
NXP Semiconductors
NXPI
$57.2B
| $459M | 0.11% |
2,886,338
-60,212
| -2% | -$9.57M |
|
178
NetEase
NTES
$85B
| $458M | 0.11% |
4,780,258
-194,777
| -4% | -$18.7M |
|
179
Zoom
ZM
$25B
| $456M | 0.11% |
1,351,198
-266,911
| -16% | -$90M |
|
180
Goldman Sachs
GS
$223B
| $451M | 0.11% |
1,710,843
-411,740
| -19% | -$109M |
|
181
Cummins
CMI
$55.1B
| $450M | 0.11% |
1,983,052
-36,041
| -2% | -$8.18M |
|
182
Moody's
MCO
$89.5B
| $446M | 0.1% |
1,535,941
+9,782
| +0.6% | +$2.84M |
|
183
Twilio
TWLO
$16.7B
| $444M | 0.1% |
1,311,288
+90,108
| +7% | +$30.5M |
|
184
Ross Stores
ROST
$49.4B
| $444M | 0.1% |
3,613,434
-119,186
| -3% | -$14.6M |
|
185
Ferrari
RACE
$87.1B
| $440M | 0.1% |
1,909,025
-267,579
| -12% | -$61.7M |
|
186
Roper Technologies
ROP
$55.8B
| $430M | 0.1% |
998,590
+76,298
| +8% | +$32.9M |
|
|
RDS.B
187
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $429M | 0.1% |
12,778,517
-227,544
| -2% | -$7.65M |
|
|
XLNX
188
DELISTED
Xilinx Inc
XLNX
| $415M | 0.1% |
2,929,992
+321,457
| +12% | +$45.6M |
|
189
KLA
KLAC
$119B
| $414M | 0.1% |
1,600,879
+63,437
| +4% | +$16.4M |
|
190
HP
HPQ
$27.4B
| $413M | 0.1% |
16,804,751
-224,357
| -1% | -$5.52M |
|
191
Align Technology
ALGN
$10.1B
| $412M | 0.1% |
771,548
-35,026
| -4% | -$18.7M |
|
192
Emerson Electric
EMR
$74.6B
| $412M | 0.1% |
5,126,029
-857,575
| -14% | -$68.9M |
|
|
TWTR
193
DELISTED
Twitter, Inc.
TWTR
| $411M | 0.1% |
7,590,194
+549,575
| +8% | +$29.8M |
|
194
Trane Technologies
TT
$92.1B
| $410M | 0.1% |
2,826,725
-77,340
| -3% | -$11.2M |
|
195
Dow Inc
DOW
$17.4B
| $402M | 0.09% |
7,246,171
-4,407
| -0.1% | -$245K |
|
196
General Dynamics
GD
$86.8B
| $399M | 0.09% |
2,680,036
+241,538
| +10% | +$35.9M |
|
197
MetLife
MET
$52.9B
| $392M | 0.09% |
8,355,781
-50,011
| -0.6% | -$2.35M |
|
198
Otis Worldwide
OTIS
$34.1B
| $392M | 0.09% |
5,803,544
+322,092
| +6% | +$21.8M |
|
199
Newmont
NEM
$83.7B
| $391M | 0.09% |
6,522,655
-69,105
| -1% | -$4.14M |
|
200
General Mills
GIS
$27B
| $386M | 0.09% |
6,562,084
+56,847
| +0.9% | +$3.34M |
|