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 | |
|---|---|---|---|---|---|---|
201
Ferrari
RACE
$87.2B
| $454M | 0.1% |
1,679,439
+25,165
| +2% | +$6.8M |
|
202
Kimberly-Clark
KMB
$42.9B
| $453M | 0.1% |
3,373,956
+121,813
| +4% | +$16.3M |
|
203
Americold
COLD
$3.98B
| $444M | 0.1% |
15,593,508
| – | – |
|
204
Manulife Financial
MFC
$52.1B
| $441M | 0.1% |
24,009,141
+1,236,190
| +5% | +$22.7M |
|
205
TC Energy
TRP
$53.6B
| $439M | 0.1% |
11,293,363
-1,746,842
| -13% | -$67.9M |
|
206
DexCom
DXCM
$31.3B
| $435M | 0.1% |
3,746,390
+25,286
| +0.7% | +$2.94M |
|
207
Realty Income
O
$54B
| $433M | 0.09% |
6,834,725
+1,848,998
| +37% | +$117M |
|
208
Idexx Laboratories
IDXX
$51.7B
| $433M | 0.09% |
865,354
+40,725
| +5% | +$20.4M |
|
209
Unum
UNM
$12.5B
| $431M | 0.09% |
10,901,991
+508,055
| +5% | +$20.1M |
|
210
Hershey
HSY
$37.8B
| $430M | 0.09% |
1,689,491
-88,925
| -5% | -$22.6M |
|
211
Extra Space Storage
EXR
$31.2B
| $426M | 0.09% |
2,611,829
+24,366
| +0.9% | +$3.97M |
|
212
Newmont
NEM
$83.8B
| $422M | 0.09% |
8,608,106
+1,552,157
| +22% | +$76.1M |
|
213
Host Hotels & Resorts
HST
$12B
| $421M | 0.09% |
25,558,290
| – | – |
|
214
Alibaba
BABA
$322B
| $420M | 0.09% |
4,111,439
+3,053,830
| +289% | +$312M |
|
215
Snowflake
SNOW
$75.1B
| $417M | 0.09% |
2,702,672
-623,473
| -19% | -$96.2M |
|
216
Loews
L
$20B
| $415M | 0.09% |
7,158,974
-51,191
| -0.7% | -$2.97M |
|
217
Otis Worldwide
OTIS
$34.2B
| $415M | 0.09% |
4,921,045
+196,071
| +4% | +$16.5M |
|
218
Sysco
SYY
$39.4B
| $415M | 0.09% |
5,376,737
+178,920
| +3% | +$13.8M |
|
219
Fortinet
FTNT
$60.6B
| $415M | 0.09% |
6,238,551
-162,835
| -3% | -$10.8M |
|
220
IQVIA
IQV
$32B
| $415M | 0.09% |
2,084,479
+92,035
| +5% | +$18.3M |
|
221
Baxter International
BAX
$12.6B
| $412M | 0.09% |
10,145,467
+2,706,283
| +36% | +$110M |
|
222
Arista Networks
ANET
$180B
| $407M | 0.09% |
9,695,196
-486,424
| -5% | -$20.4M |
|
|
SGEN
223
DELISTED
Seagen Inc. Common Stock
SGEN
| $404M | 0.09% |
1,996,522
-190,583
| -9% | -$38.6M |
|
224
General Mills
GIS
$26.9B
| $403M | 0.09% |
4,712,227
+155,502
| +3% | +$13.3M |
|
225
Dominion Energy
D
$49.6B
| $402M | 0.09% |
7,183,152
+1,764,423
| +33% | +$98.6M |
|