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
|
$1.45B |
| 2 |
Broadcom
AVGO
|
$1.33B |
| 3 |
Bank of America
BAC
|
$1.02B |
| 4 |
Amazon
AMZN
|
$818M |
| 5 |
Simon Property Group
SPG
|
$802M |
Top Sells
| 1 |
ATVI
Activision Blizzard Inc.
ATVI
|
$1.2B |
| 2 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
$822M |
| 3 |
Kenvue
KVUE
|
$552M |
| 4 |
SGEN
Seagen Inc. Common Stock
SGEN
|
$542M |
| 5 |
RTX Corp
RTX
|
$533M |
Sector Composition
| 1 | Technology | 28.38% |
| 2 | Financials | 13.95% |
| 3 | Healthcare | 11.94% |
| 4 | Consumer Discretionary | 11.37% |
| 5 | Communication Services | 8.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
201
Phillips 66
PSX
$53B
| $559M | 0.1% |
4,201,855
+274,270
| +7% | +$36.5M |
|
202
MetLife
MET
$53.4B
| $558M | 0.1% |
8,444,882
+994,545
| +13% | +$65.8M |
|
203
Norfolk Southern
NSC
$62.2B
| $557M | 0.1% |
2,355,517
-130,572
| -5% | -$30.9M |
|
204
PPG Industries
PPG
$24.6B
| $555M | 0.1% |
3,709,026
+1,168,694
| +46% | +$175M |
|
205
Mercado Libre
MELI
$120B
| $554M | 0.1% |
352,766
+34,048
| +11% | +$53.5M |
|
206
Baker Hughes
BKR
$44.4B
| $552M | 0.1% |
16,136,789
+1,476,772
| +10% | +$50.5M |
|
207
DexCom
DXCM
$30B
| $540M | 0.09% |
4,353,112
+339,613
| +8% | +$42.1M |
|
|
XYZ
208
Block, Inc.
XYZ
$46.2B
| $529M | 0.09% |
6,838,990
+1,201,468
| +21% | +$92.9M |
|
209
Ross Stores
ROST
$49.5B
| $523M | 0.09% |
3,780,514
+68,312
| +2% | +$9.45M |
|
210
Estee Lauder
EL
$32.6B
| $519M | 0.09% |
3,548,545
+177,506
| +5% | +$26M |
|
211
Monster Beverage
MNST
$61.5B
| $517M | 0.09% |
8,974,740
+1,046,452
| +13% | +$60.3M |
|
212
D.R. Horton
DHI
$51.8B
| $517M | 0.09% |
3,398,674
+39,582
| +1% | +$6.02M |
|
213
Ameriprise Financial
AMP
$47.4B
| $515M | 0.09% |
1,354,655
+72,365
| +6% | +$27.5M |
|
214
Idexx Laboratories
IDXX
$50.2B
| $512M | 0.09% |
922,781
+26,264
| +3% | +$14.6M |
|
215
Marvell Technology
MRVL
$53.8B
| $511M | 0.09% |
8,476,463
+2,553,281
| +43% | +$154M |
|
216
Loews
L
$19.9B
| $511M | 0.09% |
7,345,297
-267,179
| -4% | -$18.6M |
|
217
Agilent Technologies
A
$35.3B
| $510M | 0.09% |
3,667,584
+52,804
| +1% | +$7.34M |
|
218
Howmet Aerospace
HWM
$69.7B
| $508M | 0.09% |
9,386,656
+918,226
| +11% | +$49.7M |
|
219
Realty Income
O
$52.8B
| $507M | 0.09% |
8,821,427
+1,318,754
| +18% | +$75.7M |
|
220
3M
MMM
$80.6B
| $503M | 0.09% |
4,597,374
+751,555
| +20% | +$82.2M |
|
221
Marathon Petroleum
MPC
$54.5B
| $501M | 0.09% |
3,374,797
-399,212
| -11% | -$59.2M |
|
222
MSCI
MSCI
$42.7B
| $497M | 0.09% |
877,823
+11,562
| +1% | +$6.54M |
|
223
Old Dominion Freight Line
ODFL
$31.4B
| $495M | 0.09% |
1,222,183
+61,569
| +5% | +$25M |
|
224
Vornado Realty Trust
VNO
$7.29B
| $490M | 0.09% |
17,342,373
| – | – |
|
225
Fidelity National Information Services
FIS
$35.4B
| $479M | 0.08% |
7,967,269
+1,551,351
| +24% | +$93.2M |
|