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 |
Hilton Worldwide
HLT
|
$445M |
| 2 |
CNH
CNH Industrial
CNH
|
$231M |
| 3 |
Cummins
CMI
|
$199M |
| 4 |
Perrigo
PRGO
|
$146M |
| 5 |
VF Corp
VFC
|
$144M |
Top Sells
| 1 |
Blackrock
BLK
|
$495M |
| 2 |
Apple
AAPL
|
$401M |
| 3 |
JPMorgan Chase
JPM
|
$366M |
| 4 |
Exxon Mobil
XOM
|
$342M |
| 5 |
Chevron
CVX
|
$255M |
Sector Composition
| 1 | Financials | 19.7% |
| 2 | Technology | 13.01% |
| 3 | Healthcare | 11.73% |
| 4 | Industrials | 10.35% |
| 5 | Energy | 9.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
201
State Street
STT
$32.6B
| $174M | 0.1% |
2,375,474
-384,950
| -14% | -$28.3M |
|
202
Cardinal Health
CAH
$35.5B
| $174M | 0.1% |
2,601,670
-243,192
| -9% | -$16.2M |
|
|
ALXN
203
DELISTED
Alexion Pharmaceuticals Inc
ALXN
| $173M | 0.1% |
1,297,580
-103,075
| -7% | -$13.7M |
|
204
Clean Harbors
CLH
$13B
| $171M | 0.1% |
2,851,134
-300,000
| -10% | -$18M |
|
205
Flowserve
FLS
$7.02B
| $171M | 0.1% |
2,164,414
-191,807
| -8% | -$15.1M |
|
206
International Paper
IP
$26.2B
| $170M | 0.1% |
3,474,876
-616,197
| -15% | -$30.2M |
|
|
SE
207
DELISTED
Spectra Energy Corp Wi
SE
| $170M | 0.1% |
4,776,940
-380,451
| -7% | -$13.6M |
|
208
Macy's
M
$3.59B
| $170M | 0.1% |
3,181,579
-993,184
| -24% | -$53M |
|
209
Magna International
MGA
$12.9B
| $168M | 0.1% |
2,055,007
| – | – |
|
210
Salesforce
CRM
$245B
| $168M | 0.1% |
3,042,415
-190,477
| -6% | -$10.5M |
|
|
NBL
211
DELISTED
Noble Energy, Inc.
NBL
| $165M | 0.1% |
2,426,434
-250,021
| -9% | -$17M |
|
212
Stryker
SYK
$150B
| $165M | 0.1% |
2,198,085
-153,625
| -7% | -$11.5M |
|
213
Deere & Co
DE
$129B
| $162M | 0.09% |
1,774,471
-264,604
| -13% | -$24.2M |
|
214
Sysco
SYY
$38.5B
| $161M | 0.09% |
4,471,579
-218,545
| -5% | -$7.89M |
|
215
Becton Dickinson
BDX
$55.3B
| $161M | 0.09% |
1,454,146
-212,006
| -13% | -$23.4M |
|
216
W.W. Grainger
GWW
$48.5B
| $159M | 0.09% |
621,500
+2,110
| +0.3% | +$539K |
|
217
Kroger
KR
$44.9B
| $158M | 0.09% |
4,006,701
| – | – |
|
218
Intuit
INTU
$186B
| $157M | 0.09% |
2,063,104
-253,733
| -11% | -$19.4M |
|
|
TFCF
219
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $157M | 0.09% |
4,537,140
-539,581
| -11% | -$18.7M |
|
220
Northern Trust
NTRS
$25B
| $157M | 0.09% |
2,535,450
-288,767
| -10% | -$17.9M |
|
221
CMS Energy
CMS
$21.4B
| $157M | 0.09% |
5,858,804
-933,989
| -14% | -$25M |
|
222
Waste Connections
WCN
$47.5B
| $156M | 0.09% |
3,579,435
-347,546
| -9% | -$15.2M |
|
|
BIN
223
DELISTED
PROGRESSIVE WASTE SOLUTIONS LTD COM
BIN
| $150M | 0.09% |
6,054,770
| – | – |
|
224
Waste Management
WM
$91.2B
| $149M | 0.09% |
3,325,696
-518,412
| -13% | -$23.3M |
|
225
T Rowe Price
TROW
$23.6B
| $146M | 0.08% |
1,738,991
-119,290
| -6% | -$9.99M |
|