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 |
GE Aerospace
GE
|
$274M |
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 | |
|---|---|---|---|---|---|---|
176
Emerson Electric
EMR
$72.9B
| $528M | 0.12% |
6,060,207
-1,254,030
| -17% | -$109M |
|
177
Mobileye
MBLY
$11.1B
| $525M | 0.11% |
12,123,957
+38,057
| +0.3% | +$1.65M |
|
178
Marathon Petroleum
MPC
$54.4B
| $519M | 0.11% |
3,848,552
-45,169
| -1% | -$6.09M |
|
179
Microchip Technology
MCHP
$34.2B
| $508M | 0.11% |
6,065,715
+199,239
| +3% | +$16.7M |
|
180
Airbnb
ABNB
$76.5B
| $502M | 0.11% |
4,037,374
+149,207
| +4% | +$18.6M |
|
181
Dollar General
DG
$24.1B
| $494M | 0.11% |
2,344,997
+51,062
| +2% | +$10.7M |
|
182
Moderna
MRNA
$9.36B
| $492M | 0.11% |
3,202,293
-295,974
| -8% | -$45.5M |
|
183
Pinduoduo
PDD
$177B
| $491M | 0.11% |
6,471,763
+327,205
| +5% | +$24.8M |
|
184
Automatic Data Processing
ADP
$121B
| $488M | 0.11% |
2,190,660
-34,140
| -2% | -$7.6M |
|
185
Moody's
MCO
$89B
| $487M | 0.11% |
1,590,825
+62,483
| +4% | +$19.1M |
|
186
Motorola Solutions
MSI
$79B
| $486M | 0.11% |
1,698,960
-128,651
| -7% | -$36.8M |
|
187
Norfolk Southern
NSC
$62.4B
| $483M | 0.11% |
2,277,922
+98,686
| +5% | +$20.9M |
|
188
Brookfield
BN
$97.7B
| $479M | 0.1% |
14,703,832
-652,350
| -4% | -$21.3M |
|
189
Weyerhaeuser
WY
$17.9B
| $478M | 0.1% |
15,861,972
+213,732
| +1% | +$6.44M |
|
190
Essex Property Trust
ESS
$16.8B
| $470M | 0.1% |
2,248,907
| – | – |
|
191
Mettler-Toledo International
MTD
$26.1B
| $469M | 0.1% |
306,410
+9,839
| +3% | +$15.1M |
|
192
Archer Daniels Midland
ADM
$29.7B
| $468M | 0.1% |
5,870,902
+215,429
| +4% | +$17.2M |
|
193
Ford
F
$46.2B
| $467M | 0.1% |
37,037,706
+989,777
| +3% | +$12.5M |
|
194
Autodesk
ADSK
$67.9B
| $466M | 0.1% |
2,238,157
-43,505
| -2% | -$9.06M |
|
195
Cintas
CTAS
$82.9B
| $466M | 0.1% |
1,006,532
+166,687
| +20% | +$77.1M |
|
196
MSCI
MSCI
$42.7B
| $462M | 0.1% |
825,919
+13,011
| +2% | +$7.28M |
|
197
Nutrien
NTR
$27.6B
| $460M | 0.1% |
6,232,800
+622,540
| +11% | +$46M |
|
|
HZNP
198
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $460M | 0.1% |
4,216,126
+2,021,238
| +92% | +$221M |
|
199
Equitable Holdings
EQH
$15.8B
| $459M | 0.1% |
18,088,572
-1,199,212
| -6% | -$30.4M |
|
200
Truist Financial
TFC
$59.8B
| $454M | 0.1% |
13,322,493
+454,314
| +4% | +$15.5M |
|