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 |
CSX Corp
CSX
|
$495M |
| 2 |
Canadian Pacific Kansas City
CP
|
$455M |
| 3 |
Sherwin-Williams
SHW
|
$406M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
$344M |
| 5 |
UDR
UDR
|
$344M |
Top Sells
| 1 |
Apple
AAPL
|
$1.03B |
| 2 |
Alphabet (Google) Class C
GOOG
|
$976M |
| 3 |
Citigroup
C
|
$352M |
| 4 |
Linde
LIN
|
$351M |
| 5 |
Microsoft
MSFT
|
$331M |
Sector Composition
| 1 | Technology | 23.31% |
| 2 | Financials | 14.41% |
| 3 | Healthcare | 12.63% |
| 4 | Consumer Discretionary | 12.55% |
| 5 | Communication Services | 10.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
Vertex Pharmaceuticals
VRTX
$100B
| $514M | 0.11% | 2,547,430 -90,096 | -3% | -$18.2M |
|
177
KLA
KLAC
$115B
| $511M | 0.11% | 1,577,211 +885 | +0.1% | +$287K |
|
178
Workday
WDAY
$61.6B
| $509M | 0.11% | 2,133,692 -149,876 | -7% | -$35.8M |
|
|
RDS.B
179
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $508M | 0.11% | 13,072,691 +1,098,073 | +9% | +$42.6M |
|
180
Sea Limited
SE
$110B
| $500M | 0.11% | 1,821,305 -47,126 | -3% | -$12.9M |
|
181
Waste Connections
WCN
$47.5B
| $499M | 0.11% | 4,176,729 -755,474 | -15% | -$90.2M |
|
182
Idexx Laboratories
IDXX
$51.8B
| $496M | 0.11% | 784,815 +66,505 | +9% | +$42M |
|
183
Roku
ROKU
$14.2B
| $494M | 0.11% | 1,076,382 +58,870 | +6% | +$27M |
|
|
INFO
184
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $482M | 0.1% | 4,279,342 -466,538 | -10% | -$52.6M |
|
185
Dow Inc
DOW
$17.5B
| $482M | 0.1% | 7,617,766 +258,870 | +4% | +$16.4M |
|
186
Amphenol
APH
$133B
| $481M | 0.1% | 7,034,287 -2,606,089 | -27% | -$178M |
|
187
Roper Technologies
ROP
$56.6B
| $478M | 0.1% | 1,017,396 -35,254 | -3% | -$16.6M |
|
188
DocuSign
DOCU
$15.5B
| $478M | 0.1% | 1,710,319 -110,047 | -6% | -$30.8M |
|
189
Trane Technologies
TT
$92.5B
| $477M | 0.1% | 2,592,780 -149,220 | -5% | -$27.5M |
|
190
Arthur J. Gallagher & Co
AJG
$77.6B
| $475M | 0.1% | 3,389,526 +1,480,002 | +78% | +$207M |
|
191
PPG Industries
PPG
$25.1B
| $473M | 0.1% | 2,786,449 -1,349,045 | -33% | -$229M |
|
192
Align Technology
ALGN
$10.3B
| $470M | 0.1% | 769,633 -15,219 | -2% | -$9.3M |
|
193
Welltower
WELL
$113B
| $470M | 0.1% | 5,657,931 +1,416,435 | +33% | +$118M |
|
194
General Dynamics
GD
$87.3B
| $469M | 0.1% | 2,493,683 -120,209 | -5% | -$22.6M |
|
195
Bank of New York Mellon
BK
$74.5B
| $466M | 0.1% | 9,104,188 +608,472 | +7% | +$31.2M |
|
196
IQVIA
IQV
$32.4B
| $460M | 0.1% | 1,899,000 -46,809 | -2% | -$11.3M |
|
197
Baxter International
BAX
$12.7B
| $456M | 0.1% | 5,668,231 -257,967 | -4% | -$20.8M |
|
198
Mid-America Apartment Communities
MAA
$17.1B
| $454M | 0.1% | 2,696,506 +777,242 | +40% | +$131M |
|
199
Simon Property Group
SPG
$59B
| $451M | 0.1% | 3,459,058 -106,510 | -3% | -$13.9M |
|
200
Cloudflare
NET
$72.7B
| $450M | 0.1% | 4,249,853 +440,444 | +12% | +$46.6M |
|