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 | |
|---|---|---|---|---|---|---|
2026
Equity Bancshares
EQBK
$809M
| $1.26M | ﹤0.01% |
+39,000
| New | +$1.26M |
|
2027
BioAtla
BCAB
$39.2M
| $1.26M | ﹤0.01% |
+251,200
| New | +$1.26M |
|
|
AVID
2028
DELISTED
Avid Technology Inc
AVID
| $1.26M | ﹤0.01% |
+36,000
| New | +$1.26M |
|
2029
monday.com
MNDY
$9.66B
| $1.22M | ﹤0.01% |
+7,738
| New | +$1.22M |
|
2030
Shift4
FOUR
$5.87B
| $1.19M | ﹤0.01% |
19,232
-14,836
| -44% | -$919K |
|
|
BTTX
2031
DELISTED
Better Therapeutics, Inc. Common Stock
BTTX
| $1.18M | ﹤0.01% |
+597,015
| New | +$1.18M |
|
2032
Arcutis Biotherapeutics
ARQT
$2.11B
| $1.18M | ﹤0.01% |
61,116
-204,277
| -77% | -$3.93M |
|
2033
Hudson Technologies
HDSN
$441M
| $1.17M | ﹤0.01% |
+189,200
| New | +$1.17M |
|
2034
Xometry
XMTR
$2.45B
| $1.16M | ﹤0.01% |
31,578
| – | – |
|
2035
TriCo Bancshares
TCBK
$1.48B
| $1.16M | ﹤0.01% |
+28,900
| New | +$1.16M |
|
2036
Altimmune
ALT
$324M
| $1.15M | ﹤0.01% |
189,600
| – | – |
|
2037
N-able
NABL
$1.53B
| $1.13M | ﹤0.01% |
124,487
-212,992
| -63% | -$1.94M |
|
2038
Grid Dynamics Holdings
GDYN
$635M
| $1.12M | ﹤0.01% |
79,700
-4,100
| -5% | -$57.7K |
|
2039
ePlus
PLUS
$1.93B
| $1.12M | ﹤0.01% |
+20,000
| New | +$1.12M |
|
|
GTH
2040
DELISTED
Genetron Holdings Limited ADS
GTH
| $1.12M | ﹤0.01% |
170,248
+137,014
| +412% | +$900K |
|
|
EXTN
2041
DELISTED
Exterran Corporation
EXTN
| $1.11M | ﹤0.01% |
+178,300
| New | +$1.11M |
|
2042
Zymeworks
ZYME
$1.15B
| $1.1M | ﹤0.01% |
168,700
| – | – |
|
2043
FIGS
FIGS
$1.11B
| $1.1M | ﹤0.01% |
+50,995
| New | +$1.1M |
|
2044
Cartesian Therapeutics
RNAC
$255M
| $1.09M | ﹤0.01% |
+29,433
| New | +$1.09M |
|
2045
Mercury Insurance
MCY
$4.31B
| $1.08M | ﹤0.01% |
19,551
-236,925
| -92% | -$13M |
|
2046
Precigen
PGEN
$1.22B
| $1.06M | ﹤0.01% |
504,590
| – | – |
|
2047
Clear Secure
YOU
$3.48B
| $1.06M | ﹤0.01% |
39,337
| – | – |
|
2048
StoneCo
STNE
$4.71B
| $1.05M | ﹤0.01% |
89,422
+41,149
| +85% | +$481K |
|
|
TWKS
2049
DELISTED
Thoughtworks Holding, Inc. Common Stock
TWKS
| $1.03M | ﹤0.01% |
49,383
+41,050
| +493% | +$854K |
|
2050
Olo Inc
OLO
$1.74B
| $1.02M | ﹤0.01% |
77,300
+48,480
| +168% | +$642K |
|