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 | |
|---|---|---|---|---|---|---|
1976
Pitney Bowes
PBI
$2.18B
| $1.29M | ﹤0.01% |
331,000
| – | – |
|
|
CANO
1977
DELISTED
Cano Health, Inc.
CANO
| $1.26M | ﹤0.01% |
13,857
-12,566
| -48% | -$1.14M |
|
1978
Ducommun
DCO
$1.36B
| $1.26M | ﹤0.01% |
23,000
+1,300
| +6% | +$71.1K |
|
|
BZUN
1979
Baozun
BZUN
$223M
| $1.25M | ﹤0.01% |
208,400
| – | – |
|
1980
Aurinia Pharmaceuticals
AUPH
$1.62B
| $1.25M | ﹤0.01% |
114,045
| – | – |
|
|
WE
1981
DELISTED
WeWork Inc.
WE
| $1.24M | ﹤0.01% |
39,957
| – | – |
|
1982
Ennis
EBF
$475M
| $1.24M | ﹤0.01% |
+58,800
| New | +$1.24M |
|
|
NTST
1983
NETSTREIT Corp
NTST
$1.72B
| $1.22M | ﹤0.01% |
66,500
-91,600
| -58% | -$1.67M |
|
1984
Sleep Number
SNBR
$218M
| $1.22M | ﹤0.01% |
39,968
-159,996
| -80% | -$4.87M |
|
1985
Regional Management Corp
RM
$424M
| $1.18M | ﹤0.01% |
+45,300
| New | +$1.18M |
|
1986
Ingles Markets
IMKTA
$1.33B
| $1.18M | ﹤0.01% |
+13,300
| New | +$1.18M |
|
1987
Esperion Therapeutics
ESPR
$512M
| $1.17M | ﹤0.01% |
735,900
| – | – |
|
1988
Fulcrum Therapeutics
FULC
$393M
| $1.17M | ﹤0.01% |
410,500
+53,900
| +15% | +$154K |
|
|
VNET
1989
VNET Group
VNET
$2.24B
| $1.17M | ﹤0.01% |
360,272
-335,413
| -48% | -$1.09M |
|
1990
Camtek
CAMT
$3.71B
| $1.14M | ﹤0.01% |
41,481
| – | – |
|
1991
Photronics
PLAB
$1.36B
| $1.13M | ﹤0.01% |
68,000
-115,200
| -63% | -$1.91M |
|
1992
Geron
GERN
$868M
| $1.12M | ﹤0.01% |
+516,300
| New | +$1.12M |
|
1993
Merus
MRUS
$5.18B
| $1.11M | ﹤0.01% |
60,300
-14,700
| -20% | -$270K |
|
1994
LSB Industries
LXU
$591M
| $1.1M | ﹤0.01% |
106,700
-109,900
| -51% | -$1.14M |
|
1995
Vanda Pharmaceuticals
VNDA
$269M
| $1.08M | ﹤0.01% |
159,000
| – | – |
|
1996
Sigma Lithium
SGML
$647M
| $1.07M | ﹤0.01% |
+28,566
| New | +$1.07M |
|
1997
UFP Technologies
UFPT
$1.59B
| $1.05M | ﹤0.01% |
8,100
-28,500
| -78% | -$3.7M |
|
1998
Clearwater Paper
CLW
$355M
| $1.05M | ﹤0.01% |
31,401
| – | – |
|
|
FSP
1999
Franklin Street Properties
FSP
$175M
| $1.04M | ﹤0.01% |
661,201
-371,200
| -36% | -$583K |
|
2000
Anika Therapeutics
ANIK
$129M
| $1.04M | ﹤0.01% |
+36,100
| New | +$1.04M |
|