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
|
$1.13B |
| 2 |
Amazon
AMZN
|
$1.03B |
| 3 |
Alphabet (Google) Class A
GOOGL
|
$912M |
| 4 |
NVIDIA
NVDA
|
$872M |
| 5 |
Apple
AAPL
|
$854M |
Top Sells
| 1 |
Shell
SHEL
|
$447M |
| 2 |
Alphabet (Google) Class C
GOOG
|
$434M |
| 3 |
Qualcomm
QCOM
|
$398M |
| 4 |
Synopsys
SNPS
|
$339M |
| 5 |
Accenture
ACN
|
$265M |
Sector Composition
| 1 | Technology | 27.91% |
| 2 | Financials | 13.38% |
| 3 | Healthcare | 13.16% |
| 4 | Consumer Discretionary | 11.33% |
| 5 | Communication Services | 8.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
HZNP
176
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $572M | 0.11% |
5,557,306
+1,341,180
| +32% | +$138M |
|
177
Equitable Holdings
EQH
$16B
| $560M | 0.11% |
20,618,580
+2,530,008
| +14% | +$68.7M |
|
178
Waste Connections
WCN
$47.5B
| $551M | 0.11% |
3,856,117
+2,504
| +0.1% | +$358K |
|
179
Norfolk Southern
NSC
$62.8B
| $549M | 0.11% |
2,422,745
+144,823
| +6% | +$32.8M |
|
180
General Dynamics
GD
$87.3B
| $548M | 0.11% |
2,544,856
-64,065
| -2% | -$13.8M |
|
181
Motorola Solutions
MSI
$78.7B
| $544M | 0.11% |
1,853,537
+154,577
| +9% | +$45.3M |
|
182
US Bancorp
USB
$76B
| $543M | 0.11% |
16,429,445
+109,850
| +0.7% | +$3.63M |
|
183
TransDigm Group
TDG
$78.8B
| $540M | 0.11% |
604,167
+192,855
| +47% | +$172M |
|
184
Otis Worldwide
OTIS
$33.9B
| $537M | 0.11% |
6,034,951
+1,113,906
| +23% | +$99.1M |
|
185
Unum
UNM
$11.9B
| $536M | 0.11% |
11,236,299
+334,308
| +3% | +$15.9M |
|
186
Ferrari
RACE
$85B
| $536M | 0.11% |
1,639,535
-39,904
| -2% | -$13M |
|
187
Microchip Technology
MCHP
$35.1B
| $535M | 0.11% |
5,974,053
-91,662
| -2% | -$8.21M |
|
188
Brookfield
BN
$98.3B
| $531M | 0.1% |
15,786,537
+1,082,705
| +7% | +$36.4M |
|
189
Trane Technologies
TT
$92.5B
| $530M | 0.1% |
2,772,241
-150,388
| -5% | -$28.8M |
|
190
Essex Property Trust
ESS
$17.4B
| $527M | 0.1% |
2,248,907
| – | – |
|
191
Emerson Electric
EMR
$74.3B
| $525M | 0.1% |
5,804,121
-256,086
| -4% | -$23.1M |
|
|
SGEN
192
DELISTED
Seagen Inc. Common Stock
SGEN
| $521M | 0.1% |
2,707,019
+710,497
| +36% | +$137M |
|
193
DexCom
DXCM
$29.5B
| $511M | 0.1% |
3,977,559
+231,169
| +6% | +$29.7M |
|
194
Americold
COLD
$4.11B
| $504M | 0.1% |
15,593,508
| – | – |
|
195
Crown Castle
CCI
$43.2B
| $501M | 0.1% |
4,394,386
-645,978
| -13% | -$73.6M |
|
196
Sea Limited
SE
$110B
| $496M | 0.1% |
8,546,658
+999,690
| +13% | +$58M |
|
197
Autodesk
ADSK
$67.3B
| $483M | 0.1% |
2,358,957
+120,800
| +5% | +$24.7M |
|
198
Kimberly-Clark
KMB
$42.8B
| $479M | 0.09% |
3,468,448
+94,492
| +3% | +$13M |
|
199
Mobileye
MBLY
$11.4B
| $466M | 0.09% |
12,123,957
| – | – |
|
200
IQVIA
IQV
$32.4B
| $462M | 0.09% |
2,054,156
-30,323
| -1% | -$6.82M |
|