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 | |
|---|---|---|---|---|---|---|
176
Synopsys
SNPS
$111B
| $518M | 0.11% |
1,553,258
+154,974
| +11% | +$51.6M |
|
177
FedEx
FDX
$53.2B
| $517M | 0.11% |
2,232,178
-60,695
| -3% | -$14M |
|
178
Newmont
NEM
$82.3B
| $515M | 0.11% |
6,477,135
-1,416,430
| -18% | -$113M |
|
179
Dollar General
DG
$23.9B
| $514M | 0.11% |
2,308,646
-14,469
| -0.6% | -$3.22M |
|
180
General Motors
GM
$55.4B
| $512M | 0.11% |
11,698,370
-435,952
| -4% | -$19.1M |
|
181
Halliburton
HAL
$19.2B
| $511M | 0.11% |
13,481,219
-7,852,279
| -37% | -$297M |
|
182
Bank of New York Mellon
BK
$74.4B
| $509M | 0.11% |
10,249,558
+692,345
| +7% | +$34.4M |
|
183
Moody's
MCO
$89.6B
| $507M | 0.11% |
1,501,246
+58,470
| +4% | +$19.7M |
|
184
Archer Daniels Midland
ADM
$29.8B
| $503M | 0.11% |
5,575,519
-373,288
| -6% | -$33.7M |
|
185
Illumina
ILMN
$15.5B
| $498M | 0.11% |
1,465,696
+26,418
| +2% | +$8.98M |
|
186
McKesson
MCK
$86B
| $497M | 0.11% |
1,623,068
+67,254
| +4% | +$20.6M |
|
187
Fiserv
FI
$74B
| $497M | 0.11% |
4,897,420
-138,678
| -3% | -$14.1M |
|
188
3M
MMM
$82.8B
| $495M | 0.11% |
3,979,128
-35,989
| -0.9% | -$4.48M |
|
189
MetLife
MET
$54.4B
| $482M | 0.11% |
6,852,564
-34,424
| -0.5% | -$2.42M |
|
190
Cadence Design Systems
CDNS
$95.2B
| $479M | 0.1% |
2,910,706
+504,361
| +21% | +$82.9M |
|
191
Cognizant
CTSH
$34.9B
| $479M | 0.1% |
5,338,219
+90,929
| +2% | +$8.15M |
|
192
Chipotle Mexican Grill
CMG
$55.5B
| $478M | 0.1% |
15,116,000
+2,247,850
| +17% | +$71.1M |
|
193
Aptiv
APTV
$17.5B
| $476M | 0.1% |
3,972,102
+667,937
| +20% | +$80M |
|
194
Host Hotels & Resorts
HST
$12.1B
| $472M | 0.1% |
24,280,749
| – | – |
|
195
Sherwin-Williams
SHW
$91.2B
| $471M | 0.1% |
1,885,877
-12,079
| -0.6% | -$3.02M |
|
196
Trane Technologies
TT
$91.9B
| $469M | 0.1% |
3,069,227
+207,231
| +7% | +$31.6M |
|
197
Loews
L
$20.2B
| $458M | 0.1% |
7,071,045
-277,024
| -4% | -$18M |
|
198
Manulife Financial
MFC
$52.5B
| $455M | 0.1% |
21,339,758
+2,338,467
| +12% | +$49.9M |
|
199
Baker Hughes
BKR
$45.7B
| $453M | 0.1% |
12,444,835
-8,387,618
| -40% | -$305M |
|
200
Capital One
COF
$145B
| $451M | 0.1% |
3,436,635
-206,743
| -6% | -$27.1M |
|