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 |
Intuitive Surgical
ISRG
|
$704M |
| 2 |
Walmart
WMT
|
$635M |
| 3 |
T-Mobile US
TMUS
|
$554M |
| 4 |
Alphabet (Google) Class C
GOOG
|
$501M |
| 5 |
Autodesk
ADSK
|
$411M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
$899M |
| 2 |
Apple
AAPL
|
$724M |
| 3 |
Visa
V
|
$409M |
| 4 |
KSU
Kansas City Southern
KSU
|
$251M |
| 5 |
Automatic Data Processing
ADP
|
$222M |
Sector Composition
| 1 | Technology | 24.84% |
| 2 | Financials | 13.82% |
| 3 | Healthcare | 12.74% |
| 4 | Consumer Discretionary | 11.89% |
| 5 | Communication Services | 9.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
201
Corteva
CTVA
$50.1B
| $466M | 0.1% |
9,855,152
-111,587
| -1% | -$5.28M |
|
202
Cognizant
CTSH
$35B
| $466M | 0.1% |
5,247,290
+120,011
| +2% | +$10.6M |
|
203
Healthpeak Properties
DOC
$12.4B
| $465M | 0.1% |
12,883,777
| – | – |
|
204
Microchip Technology
MCHP
$33.8B
| $463M | 0.1% |
5,312,618
+2,707,435
| +104% | +$236M |
|
205
Agilent Technologies
A
$34.7B
| $456M | 0.09% |
2,854,695
-68,329
| -2% | -$10.9M |
|
206
HP
HPQ
$26.4B
| $454M | 0.09% |
12,064,009
+3,500,792
| +41% | +$132M |
|
207
Chipotle Mexican Grill
CMG
$55.8B
| $450M | 0.09% |
257,363
+3,215
| +1% | +$5.62M |
|
208
O'Reilly Automotive
ORLY
$87.7B
| $450M | 0.09% |
636,872
-21,281
| -3% | -$15M |
|
209
Cadence Design Systems
CDNS
$93.2B
| $448M | 0.09% |
2,406,345
-30,658
| -1% | -$5.71M |
|
|
DRE
210
DELISTED
Duke Realty Corp.
DRE
| $447M | 0.09% |
6,803,345
-196,964
| -3% | -$12.9M |
|
|
RDS.B
211
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $445M | 0.09% |
10,258,364
-2,098,027
| -17% | -$90.9M |
|
212
Extra Space Storage
EXR
$30.1B
| $440M | 0.09% |
1,939,122
-10,966
| -0.6% | -$2.49M |
|
213
Roper Technologies
ROP
$55.7B
| $438M | 0.09% |
891,055
-90,314
| -9% | -$44.4M |
|
214
Motorola Solutions
MSI
$79B
| $437M | 0.09% |
1,610,140
+29,442
| +2% | +$8M |
|
215
MSCI
MSCI
$42.5B
| $437M | 0.09% |
713,937
-10,265
| -1% | -$6.29M |
|
216
NIO
NIO
$14.4B
| $436M | 0.09% |
13,749,756
-538,611
| -4% | -$17.1M |
|
217
MetLife
MET
$53.1B
| $430M | 0.09% |
6,886,988
+349,468
| +5% | +$21.8M |
|
218
Charter Communications
CHTR
$36.1B
| $430M | 0.09% |
659,228
-292,294
| -31% | -$191M |
|
219
Dow Inc
DOW
$17.2B
| $429M | 0.09% |
7,570,475
-1,332,397
| -15% | -$75.6M |
|
220
Loews
L
$20B
| $424M | 0.09% |
7,348,069
-526,594
| -7% | -$30.4M |
|
221
Host Hotels & Resorts
HST
$11.7B
| $422M | 0.09% |
24,280,749
| – | – |
|
|
CNH
222
CNH Industrial
CNH
$13.9B
| $422M | 0.09% |
21,732,429
-3,657,084
| -14% | -$71M |
|
223
AutoZone
AZO
$70B
| $420M | 0.09% |
200,392
-7,689
| -4% | -$16.1M |
|
224
Air Products & Chemicals
APD
$65.1B
| $416M | 0.09% |
1,368,126
-322,048
| -19% | -$98M |
|
225
Sun Communities
SUI
$15.7B
| $416M | 0.09% |
1,981,844
+7,008
| +0.4% | +$1.47M |
|