NORGES BANK
•CIK: 1374170•Filing: Q4 2025
Norges Bank Investment Management, with $934.8 billion in assets under management, maintains a diversified portfolio with significant positions in tech giants like NVDA, AAPL, and MSFT, reflecting a focus on growth and innovation. Recently, the fund has made notable moves by adding LRCX, BLK, and TOTALENERG, while exiting CAT and BLKCHF, and significantly increasing stakes in ANGLOGOL and DAY, highlighting a strategic shift towards energy and emerging markets.
Total AUM
$934.8B
QoQ Performance
+30.6%
Positions
1,558
Top 10 Concentration
43.9%
Latest Filing
Q4 2025
Top Holdings Allocation
NVDA
AAPL
MSFT
NVDA6.7%
AAPL5.6%
MSFT5.4%
AMZN3.5%
GOOGL3.3%
AVGO2.6%
META2.4%
GOOG1.9%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Technology40.5%
Other23.8%
Consumer10.9%
Financial8.5%
Healthcare7.5%
Industrial2.1%
Communication1.9%
Energy1.3%
🚪 Exited Positionssold since Q3 2025
—
SMURFIT WESTROCK PLC
SOLD
$1.4B
+1639 more exited positions
Changes from Q3 2025
NEW5 new positions
↑158 increased
↓36 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023