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 | |
|---|---|---|---|---|---|---|
2026
OrthoPediatrics
KIDS
$524M
| $754K | ﹤0.01% |
17,018
| – | – |
|
|
NIU
2027
Niu Technologies
NIU
$338M
| $743K | ﹤0.01% |
179,540
-120,000
| -40% | -$497K |
|
2028
Thermon Group Holdings
THR
$845M
| $720K | ﹤0.01% |
28,900
-35,000
| -55% | -$872K |
|
|
HUYA
2029
Huya Inc
HUYA
$796M
| $707K | ﹤0.01% |
195,805
| – | – |
|
2030
Hudson Technologies
HDSN
$445M
| $686K | ﹤0.01% |
78,600
-66,000
| -46% | -$576K |
|
2031
Atea Pharmaceuticals
AVIR
$267M
| $684K | ﹤0.01% |
204,200
| – | – |
|
2032
Kenon Holdings
KEN
$2.32B
| $675K | ﹤0.01% |
23,058
+16,868
| +273% | +$494K |
|
2033
Codexis
CDXS
$218M
| $672K | ﹤0.01% |
+162,200
| New | +$672K |
|
2034
Ternium
TX
$6.79B
| $664K | ﹤0.01% |
16,100
-18,200
| -53% | -$751K |
|
|
CLDT
2035
Chatham Lodging
CLDT
$363M
| $641K | ﹤0.01% |
+61,100
| New | +$641K |
|
2036
Olo Inc
OLO
$1.74B
| $631K | ﹤0.01% |
77,300
| – | – |
|
2037
Procept Biorobotics
PRCT
$2.26B
| $630K | ﹤0.01% |
22,192
| – | – |
|
2038
Information Services Group
III
$253M
| $628K | ﹤0.01% |
+123,400
| New | +$628K |
|
2039
CEVA Inc
CEVA
$543M
| $612K | ﹤0.01% |
+20,100
| New | +$612K |
|
|
RERE
2040
ATRenew
RERE
$968M
| $592K | ﹤0.01% |
194,030
| – | – |
|
2041
Sutro Biopharma
STRO
$89.9M
| $577K | ﹤0.01% |
124,900
-81,300
| -39% | -$376K |
|
2042
Vroom, Inc. Common Stock
VRM
$140M
| $571K | ﹤0.01% |
7,949
| – | – |
|
|
CNSL
2043
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $571K | ﹤0.01% |
221,300
| – | – |
|
2044
Kadant
KAI
$3.85B
| $550K | ﹤0.01% |
2,636
| – | – |
|
2045
AeroVironment
AVAV
$11.3B
| $548K | ﹤0.01% |
5,981
-3,331
| -36% | -$305K |
|
2046
WisdomTree
WT
$1.98B
| $513K | ﹤0.01% |
87,466
| – | – |
|
2047
Rio Tinto
RIO
$104B
| $504K | ﹤0.01% |
7,353
| – | – |
|
2048
BRF SA
BRFS
$5.86B
| $504K | ﹤0.01% |
393,370
| – | – |
|
2049
International Money Express
IMXI
$430M
| $492K | ﹤0.01% |
19,100
-74,900
| -80% | -$1.93M |
|
2050
SiriusPoint
SPNT
$2.19B
| $457K | ﹤0.01% |
56,273
| – | – |
|