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NORGES BANK

NORGES BANK is an institution, managing $801.31B across 1,705 long positions as of Q2 2025 with 32% Technology concentration.

Portfolio Value
$801.31B
Positions
1,705
Top Holding
NVDA at 6.41%
Last Reported
Q2 2025

Top Holdings

Largest long holdings in NORGES BANK's portfolio (32.8% of total portfolio)

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HoldingSectorMarket ValueWeightOwnership
1
Nvidia logo
Nvidia
NVDA
Semiconductors
Technology
$51.4B
6.41%
1.33%
325.3M shares
2
Microsoft logo
Microsoft
MSFT
Software - Infrastructure
Technology
$50.5B
6.30%
1.37%
101.5M shares
3
Apple logo
Apple
AAPL
Consumer Electronics
Technology
$38.9B
4.86%
1.27%
189.8M shares
4
Amazon logo
Amazon
AMZN
Specialty Retail
Consumer Cyclical
$27.4B
3.42%
1.18%
125.1M shares
5
Meta Platforms, Inc. logo
Meta Platforms, Inc.
META
Internet Content & Information
Communication Services
$23.2B
2.89%
1.25%
31.4M shares
6
Alphabet Inc. logo
Alphabet Inc.
GOOGL
Internet Content & Information
Communication Services
$21.9B
2.74%
1.03%
124.5M shares
7
Broadcom Inc. logo
Broadcom Inc.
AVGO
Semiconductors
Technology
$18.6B
2.32%
1.43%
67.4M shares
8
Tesla, Inc. logo
Tesla, Inc.
TSLA
Auto - Manufacturers
Consumer Cyclical
$11.8B
1.48%
1.16%
37.3M shares
9
JPMorgan Chase logo
JPMorgan Chase
JPM
Banks - Diversified
Financial Services
$10.3B
1.28%
1.28%
35.5M shares
10
Eli Lilly logo
Eli Lilly
LLY
Drug Manufacturers - General
Healthcare
$8.8B
1.10%
1.26%
11.3M shares

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in NORGES BANK's latest filing

See all changes
Market Value
$801.31B
Prior: $761.80B
Q/Q Change
+5.19%
+$39.5B
Net Flows % of MV
+0.37%
Turnover Ratio
5.17%
New Purchases
37 stocks
$1.5B
Added To
753 stocks
+$41.4B
Sold Out Of
0 stocks
-
Reduced Holdings
813 stocks
-$40.0B

Increased Positions

PositionShares Δ
1
Amrize Ltd logo
Amrize Ltd
AMRZ
New
2
Rocket Lab USA, Inc. logo
Rocket Lab USA, Inc.
RKLB
New
3
Ralliant Corporation logo
Ralliant Corporation
RAL
New
4
TXNM Energy logo
TXNM Energy
TXNM
New
5
Hims & Hers Health logo
Hims & Hers Health
HIMS
New

Decreased Positions

PositionShares Δ
1
Plug Power logo
Plug Power
PLUG
-99.93%
2
The AZEK Company logo
The AZEK Company
AZEK
-99.5%
3
MP Materials logo
MP Materials
MP
-99.1%
4
Worthington Enterprises logo
Worthington Enterprises
WOR
-98.93%
5
Hyatt Hotels logo
Hyatt Hotels
H
-98.88%

Analytics

Portfolio insights and performance metrics for NORGES BANK

View analytics

Sector Allocation

Technology: 31.80%TechnologyFinancial Services: 15.10%Financial ServicesConsumer Cyclical: 10.10%Consumer CyclicalCommunication Services: 9.60%Communication ServicesHealthcare: 9.30%HealthcareIndustrials: 7.20%Real Estate: 5.00%Consumer Defensive: 4.40%Energy: 2.50%Basic Materials: 2.20%Utilities: 1.90%
Technology
31.80%
Financial Services
15.10%
Consumer Cyclical
10.10%
Communication Services
9.60%
Healthcare
9.30%
Industrials
7.20%
Real Estate
5.00%
Consumer Defensive
4.40%
Energy
2.50%
Basic Materials
2.20%
Utilities
1.90%

Market Cap Distribution

Mega Cap (> $200B): 50.99%Mega Cap (> $200B)Large Cap ($10B - $200B): 43.56%Large Cap ($10B - $200B)Mid Cap ($2B - $10B): 4.28%Small Cap ($300M - $2B): 0.10%Micro Cap ($50M - $300M): 0.00%Nano Cap (< $50M): 0.52%N/A (ETF or Unknown): 0.55%
Mega Cap (> $200B)
50.99%
Large Cap ($10B - $200B)
43.56%
Mid Cap ($2B - $10B)
4.28%
Small Cap ($300M - $2B)
0.10%
Micro Cap ($50M - $300M)
0.00%
Nano Cap (< $50M)
0.52%
N/A (ETF or Unknown)
0.55%

Portfolio Concentration

Top 10 Holdings %
32.81%
Top 20 Holdings %
40.46%
Top 50 Holdings %
53.3%
Top 100 Holdings %
65.45%

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