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 | |
|---|---|---|---|---|---|---|
2001
Costamare
CMRE
$1.46B
| $1.68M | ﹤0.01% |
98,300
-17,700
| -15% | -$302K |
|
|
EFTR
2002
DELISTED
eFFECTOR Therapeutics, Inc. Common Stock
EFTR
| $1.67M | ﹤0.01% |
+16,652
| New | +$1.67M |
|
2003
Safety Insurance
SAFT
$1.09B
| $1.64M | ﹤0.01% |
18,048
-101,656
| -85% | -$9.24M |
|
2004
VistaGen Therapeutics
VTGN
$110M
| $1.64M | ﹤0.01% |
+43,960
| New | +$1.64M |
|
2005
Hudbay
HBM
$5.33B
| $1.62M | ﹤0.01% |
206,930
+49,646
| +32% | +$390K |
|
2006
Clearfield
CLFD
$456M
| $1.61M | ﹤0.01% |
24,700
| – | – |
|
2007
National Presto Industries
NPK
$784M
| $1.61M | ﹤0.01% |
20,862
| – | – |
|
2008
Southern Copper
SCCO
$82.9B
| $1.59M | ﹤0.01% |
22,005
| – | – |
|
2009
GrowGeneration
GRWG
$89.1M
| $1.57M | ﹤0.01% |
170,023
| – | – |
|
2010
Ares Capital
ARCC
$15.8B
| $1.53M | ﹤0.01% |
73,000
-155,600
| -68% | -$3.26M |
|
2011
Joby Aviation
JOBY
$11.4B
| $1.5M | ﹤0.01% |
227,272
| – | – |
|
2012
Global E Online
GLBE
$6.22B
| $1.49M | ﹤0.01% |
44,138
-68,507
| -61% | -$2.31M |
|
|
INST
2013
DELISTED
Instructure Holdings, Inc.
INST
| $1.46M | ﹤0.01% |
72,862
-12,632
| -15% | -$253K |
|
|
NGM
2014
DELISTED
NGM Biopharmaceuticals, Inc. Common Stock
NGM
| $1.45M | ﹤0.01% |
+95,400
| New | +$1.45M |
|
2015
Allbirds
BIRD
$49.4M
| $1.45M | ﹤0.01% |
12,069
-5,431
| -31% | -$653K |
|
2016
Johnson Outdoors
JOUT
$416M
| $1.44M | ﹤0.01% |
18,480
| – | – |
|
|
ZH
2017
Zhihu
ZH
$449M
| $1.43M | ﹤0.01% |
+98,440
| New | +$1.43M |
|
2018
Anika Therapeutics
ANIK
$121M
| $1.42M | ﹤0.01% |
56,700
| – | – |
|
|
ABTX
2019
DELISTED
Allegiance Bancshares, Inc.
ABTX
| $1.42M | ﹤0.01% |
31,800
| – | – |
|
|
SEI
2020
Solaris Energy Infrastructure, Inc.
SEI
$1.31B
| $1.38M | ﹤0.01% |
+122,200
| New | +$1.38M |
|
2021
Oportun Financial
OPRT
$283M
| $1.33M | ﹤0.01% |
+92,600
| New | +$1.33M |
|
2022
Ambac
AMBC
$415M
| $1.31M | ﹤0.01% |
126,300
-103,086
| -45% | -$1.07M |
|
|
KC
2023
Kingsoft Cloud Holdings
KC
$4.34B
| $1.29M | ﹤0.01% |
212,676
+121,685
| +134% | +$739K |
|
2024
Mister Car Wash
MCW
$1.77B
| $1.27M | ﹤0.01% |
+86,196
| New | +$1.27M |
|
2025
Penske Automotive Group
PAG
$12.2B
| $1.27M | ﹤0.01% |
13,581
-97,581
| -88% | -$9.15M |
|