Norges Bank
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Norges Bank reported 1,927 stock positions worth $669.2 billion. Its top holding was Microsoft (MSFT) at 6.5% of the portfolio, followed by Apple (AAPL, 5.6%) and Nvidia (NVDA, 5.4%). Compared with Q1 2024, it opened 123 new positions, sold out of 81, added to 844 and reduced 813. The biggest buy was Nvidia (NVDA, shares +1%) and the biggest sale Alphabet Class C (GOOG, shares −27%).
- Most Recent 13F
- Q2 2026
- Location
- OSLO, Q8
- CIK
- 0001374170
- Portfolio Value
- $669.2B (Q2 2024)
- SEC Filing
- 0001374170-24-000038 ↗ filed Aug 14, 2024
Holdings Value
Holdings 1,927 stocks · $669.2B
| MSFT Microsoft Corp. | 6.48% | 97,071,282 | $43.4B | Add +3.2% |
| AAPL Apple Inc. | 5.59% | 177,534,454 | $37.4B | Add +7.3% |
| NVDA Nvidia Corp. | 5.39% | 291,727,360 | $36.0B | Add +0.8% |
| AMZN Amazon.com Inc. | 3.44% | 118,955,512 | $23.0B | Add +5.9% |
| GOOGL Alphabet Inc. Class A | 2.93% | 107,481,872 | $19.6B | Add +14.7% |
| META Meta Platforms Inc. Class A | 2.30% | 30,461,739 | $15.4B | Reduce -1.1% |
| LLY Eli Lilly & Co. | 1.49% | 11,004,852 | $10.0B | Add +2.7% |
| AVGO Broadcom Inc. | 1.39% | 5,786,804 | $9.3B | Add +6.7% |
| JPM JPMorgan Chase & Co. | 1.12% | 37,055,325 | $7.5B | Add +0.9% |
| XOM Exxon Mobil Corp. | 1.11% | 64,291,477 | $7.4B | Add +13.3% |
| TSLA Tesla Inc. | 0.91% | 30,831,666 | $6.1B | Reduce -3.1% |
| UNH Unitedhealth Group Inc. | 0.89% | 11,710,175 | $6.0B | Reduce -2.4% |
| GOOG Alphabet Inc. Class C | 0.75% | 27,452,243 | $5.0B | Reduce -26.5% |
| MA Mastercard Inc. Class A | 0.75% | 11,400,107 | $5.0B | Add +2.2% |
| PG The Procter & Gamble Co. | 0.75% | 30,449,082 | $5.0B | Add +4.2% |
| UBS UBS Group AG-Reg | 0.74% | 168,288,869 | $5.0B | Add +1.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.73% | 122,915,003 | $4.9B | Add +1.8% |
| WMT Walmart Inc. | 0.70% | 69,395,400 | $4.7B | Reduce -0.3% |
| COST Costco Wholesale Corp. | 0.67% | 5,313,432 | $4.5B | Add +2.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.66% | 7,186 | $4.4B | Add +19.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.65% | 10,673,297 | $4.3B | Reduce -1.6% |
| JNJ Johnson & Johnson | 0.64% | 29,092,369 | $4.3B | Add +2.1% |
| MRK Merck & Co. Inc. | 0.63% | 33,806,976 | $4.2B | Add +12.9% |
| HD Home Depot Inc. | 0.62% | 12,022,399 | $4.1B | Add +1.9% |
| V Visa Inc. Class A | 0.58% | 14,807,213 | $3.9B | Add +0.7% |
| ABBV Abbvie Inc. | 0.58% | 22,478,465 | $3.9B | Add +1.9% |
| AMD Advanced Micro Devices | 0.54% | 22,460,478 | $3.6B | Reduce -1.6% |
| QCOM Qualcomm Inc. | 0.54% | 18,255,422 | $3.6B | Reduce -0.0% |
| NFLX Netflix Inc. | 0.54% | 5,348,963 | $3.6B | Add +5.4% |
| NEE Nextera Energy Inc. | 0.52% | 48,858,767 | $3.5B | Add +5.5% |
| WELL Welltower Inc. | 0.51% | 32,912,525 | $3.4B | Add +21.0% |
| KO The Coca-Cola Co. | 0.49% | 51,991,410 | $3.3B | Add +3.0% |
| CVX Chevron Corp. | 0.48% | 20,337,869 | $3.2B | Add +3.5% |
| LIN Linde PLC | 0.47% | 7,213,393 | $3.2B | Add +2.5% |
| TMO Thermo Fisher Scientific Inc. | 0.46% | 5,571,182 | $3.1B | Reduce -6.1% |
| ADBE Adobe Inc. | 0.45% | 5,377,843 | $3.0B | Reduce -0.5% |
| PEP Pepsico Inc. | 0.43% | 17,491,214 | $2.9B | Add +4.7% |
| DLR Digital Realty Trust Inc. | 0.42% | 18,458,021 | $2.8B | Add +13.1% |
| WFC Wells Fargo & Co. | 0.40% | 45,037,587 | $2.7B | Reduce -8.4% |
| TMUS T-Mobile US Inc. | 0.40% | 15,146,345 | $2.7B | Reduce -3.9% |
| SPG Simon Property Group Inc. | 0.40% | 17,442,875 | $2.6B | Reduce -4.0% |
| CRM Salesforce Inc. | 0.39% | 10,231,777 | $2.6B | Add +0.7% |
| AMAT Applied Materials Inc. | 0.38% | 10,729,450 | $2.5B | Add +10.8% |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 0.36% | 35,117,804 | $2.4B | Add +0.2% |
| CSCO Cisco Systems Inc. | 0.36% | 50,968,278 | $2.4B | Add +6.3% |
| CMCSA Comcast Corp. Class A | 0.36% | 61,265,215 | $2.4B | Add +3.3% |
| PFE Pfizer Inc. | 0.35% | 83,963,188 | $2.3B | Add +9.4% |
| MCD McDonald's Corp. | 0.35% | 9,143,848 | $2.3B | Add +1.6% |
| DHR Danaher Corp. | 0.34% | 9,172,094 | $2.3B | Add +12.7% |
| VZ Verizon Communications Inc. | 0.34% | 55,461,310 | $2.3B | Add +3.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.32% | 21,529,058 | $2.1B | Add +8.4% |
| RY Royal Bank of Canada | 0.32% | 19,913,069 | $2.1B | Add +3.3% |
| ABT Abbott Laboratories | 0.32% | 20,356,932 | $2.1B | Add +0.9% |
| INTU Intuit Inc. | 0.31% | 3,108,772 | $2.0B | Reduce -2.1% |
| GE General Electric filed as GE AEROSPACE | 0.30% | 12,652,363 | $2.0B | Add +20.9% |
| CAT Caterpillar Inc. | 0.29% | 5,915,124 | $2.0B | Reduce -0.5% |
| ISRG Intuitive Surgical Inc. | 0.29% | 4,414,400 | $2.0B | Add +4.1% |
| LRCX Lam Research Corp. | 0.29% | 1,813,335 | $1.9B | Add +8.0% |
| ARE Alexandria Real Estate Equit | 0.29% | 16,457,471 | $1.9B | No change |
| UBER Uber Technologies Inc. | 0.29% | 26,407,388 | $1.9B | Add +9.1% |
| BLK BlackRock Finance Inc. | 0.29% | 2,426,836 | $1.9B | Add +6.7% |
| TXN Texas Instruments Inc. | 0.28% | 9,622,568 | $1.9B | Reduce -2.5% |
| UNP Union Pacific Corp. | 0.28% | 8,144,798 | $1.8B | Add +1.1% |
| INTC Intel Corp. | 0.27% | 59,377,400 | $1.8B | Add +31.4% |
| AMGN Amgen Inc. | 0.27% | 5,807,622 | $1.8B | Add +2.9% |
| NOW ServiceNow Inc. | 0.27% | 2,302,332 | $1.8B | Add +3.3% |
| SPGI S&P Global Inc. | 0.27% | 4,035,431 | $1.8B | Add +8.4% |
| ACN Accenture PLC Class A | 0.26% | 5,693,373 | $1.7B | Reduce -9.3% |
| SYK Stryker Corp. | 0.25% | 5,002,157 | $1.7B | Add +13.0% |
| KLAC KLA Corp. | 0.25% | 2,044,867 | $1.7B | Add +18.7% |
| ELV Elevance Health Inc. | 0.25% | 3,048,220 | $1.7B | Add +12.1% |
| VRTX Vertex Pharmaceuticals Inc. | 0.24% | 3,429,086 | $1.6B | Reduce -0.8% |
| LOW Lowe's Cos Inc. | 0.24% | 7,179,240 | $1.6B | Add +1.6% |
| ADI Analog Devices Inc. | 0.23% | 6,877,406 | $1.6B | Add +10.7% |
| PGR Progressive Corp. | 0.23% | 7,554,065 | $1.6B | Add +2.4% |
| ORCL Oracle Corp. | 0.23% | 11,105,227 | $1.6B | Add +3.5% |
| MU Micron Technology Inc. | 0.23% | 11,678,110 | $1.5B | Reduce -18.0% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.22% | 5,801,745 | $1.5B | Add +2.1% |
| AXP American Express Co. | 0.22% | 6,366,820 | $1.5B | Add +6.8% |
| ETN Eaton Corp. PLC | 0.22% | 4,662,472 | $1.5B | Add +8.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.21% | 12,941,718 | $1.4B | Add +6.6% |
| INVH Invitation Homes Inc. | 0.21% | 39,606,706 | $1.4B | Reduce -3.4% |
| AVB Avalonbay Communities Inc. | 0.21% | 6,822,222 | $1.4B | Add +0.4% |
| CNC Centene Corp. | 0.21% | 21,212,326 | $1.4B | Add +17.9% |
| APH Amphenol Corp. Class A | 0.21% | 20,850,280 | $1.4B | Reduce -5.3% |
| MS Morgan Stanley | 0.21% | 14,346,860 | $1.4B | Add +8.1% |
| BSX Boston Scientific Corp. | 0.21% | 17,877,026 | $1.4B | Add +2.1% |
| PDD PDD Holdings Inc. | 0.21% | 10,331,273 | $1.4B | Add +44.7% |
| T AT&T Inc. | 0.21% | 71,844,078 | $1.4B | Add +3.4% |
| BMY Bristol-Myers Squibb Co. | 0.20% | 32,594,416 | $1.4B | Add +1.1% |
| BKNG Booking Holdings Inc. | 0.20% | 341,625 | $1.4B | Reduce -31.8% |
| GS Goldman Sachs Group Inc. | 0.20% | 2,959,843 | $1.3B | Add +2.9% |
| MCK McKesson Corp. | 0.20% | 2,283,070 | $1.3B | Add +0.9% |
| C Citigroup Inc. | 0.20% | 20,886,979 | $1.3B | Add +2.6% |
| MRSH Marsh & McLennan Cos | 0.19% | 6,082,403 | $1.3B | Reduce -0.1% |
| CDNS Cadence Design SYS Inc. | 0.19% | 4,143,944 | $1.3B | Add +1.9% |
| PNC PNC Financial Services Group | 0.18% | 7,933,750 | $1.2B | Add +13.2% |
| MDT Medtronic PLC | 0.18% | 15,578,354 | $1.2B | Add +0.5% |
| SNPS Synopsys Inc. | 0.18% | 2,059,524 | $1.2B | Add +2.6% |
| SHW The Sherwin-Williams Co. | 0.18% | 4,051,923 | $1.2B | Add +4.7% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $112.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 1,200,000 | $78.7M | No change |
| BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) | UNIT 02/01/2027 | 425,000 | $20.0M | No change |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 300,000 | $14.0M | Reduce -25.0% |
Total filed on the 13F, all lines: $669.4B.
Portfolio Sells Q1 2024 → Q2 2024
| GOOG Alphabet Inc. Class C | Reduce -26.5% | 0.75% | −0.15 |
| AMD Advanced Micro Devices | Reduce -1.6% | 0.54% | −0.11 |
| EQIX Equinix Inc. | Reduce -27.8% | 0.16% | −0.10 |
| ACN Accenture PLC Class A | Reduce -9.3% | 0.26% | −0.09 |
| BKNG Booking Holdings Inc. | Reduce -31.8% | 0.20% | −0.08 |
| TMO Thermo Fisher Scientific Inc. | Reduce -6.1% | 0.46% | −0.08 |
| PANW Palo Alto Networks Inc. | Reduce -43.4% | 0.14% | −0.08 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.6% | 0.65% | −0.07 |
| WDAY Workday Inc. Class A | Reduce -5.8% | 0.18% | −0.07 |
| META Meta Platforms Inc. Class A | Reduce -1.1% | 2.30% | −0.06 |
| URI United Rentals Inc. | Reduce -20.9% | 0.13% | −0.06 |
| TD Toronto-Dominion Bank | Reduce -17.4% | 0.16% | −0.06 |
| STLA Stellantis NV | Reduce -2.7% | 0.11% | −0.06 |
| SPG Simon Property Group Inc. | Reduce -4.0% | 0.40% | −0.05 |
| WFC Wells Fargo & Co. | Reduce -8.4% | 0.40% | −0.05 |
| CAT Caterpillar Inc. | Reduce -0.5% | 0.29% | −0.05 |
| EL Estee Lauder Companies Class A | Reduce -22.3% | 0.05% | −0.05 |
| UNH Unitedhealth Group Inc. | Reduce -2.4% | 0.89% | −0.05 |
| DE Deere & Co. | Reduce -7.4% | 0.17% | −0.04 |
| PYPL PayPal Holdings Inc. | Reduce -14.2% | 0.09% | −0.04 |
| ALB Albemarle Corp. | Reduce -36.4% | 0.03% | −0.04 |
| MU Micron Technology Inc. | Reduce -18.0% | 0.23% | −0.04 |
| RMD Resmed Inc. | Reduce -71.7% | 0.01% | −0.04 |
| EA Electronic Arts Inc. | Reduce -72.4% | 0.01% | −0.03 |
| BDX Becton Dickinson and Co. | Reduce -12.5% | 0.11% | −0.03 |
| CI The Cigna Group | Reduce -2.8% | 0.15% | −0.03 |
| ELS Equity Lifestyle Properties | Reduce -42.4% | 0.04% | −0.03 |
| FERG Ferguson Jersey Ltd. | Reduce -2.8% | 0.13% | −0.03 |
| CSX CSX Corp. | Reduce -6.1% | 0.11% | −0.03 |
| ODFL Old Dominion Freight Line | Reduce -8.5% | 0.06% | −0.03 |
| COR Cencora Inc. | Reduce -24.1% | 0.05% | −0.03 |
| SWAV Shockwave Medical Inc. | Sold out | 0.00% | −0.03 |
| LHX L3HARRIS Technologies Inc. | Sold out | 0.00% | −0.03 |
| FLUT Flutter Entertainment PLC-Di | Reduce -7.0% | 0.10% | −0.02 |
| IBM Intl Business Machines Corp. | Reduce -0.8% | 0.14% | −0.02 |
| CTAS Cintas Corp. | Reduce -12.8% | 0.13% | −0.02 |
| MDB Mongodb Inc. | Reduce -29.4% | 0.02% | −0.02 |
| PPG PPG Industries Inc. | Reduce -11.6% | 0.06% | −0.02 |
| CNI Canadian Natl Railway Co. | Reduce -2.7% | 0.10% | −0.02 |
| LYV Live Nation Entertainment Inc. | Reduce -34.0% | 0.03% | −0.02 |
| SMCI Super Micro Computer Inc. | Reduce -15.5% | 0.04% | −0.02 |
| PSX Phillips 66 | Reduce -1.1% | 0.09% | −0.02 |
| INTU Intuit Inc. | Reduce -2.1% | 0.31% | −0.02 |
| VEEV Veeva Systems Inc. Class A | Reduce -14.3% | 0.04% | −0.02 |
| SRE Sempra | Reduce -12.2% | 0.15% | −0.02 |
| MAS Masco Corp. | Reduce -50.5% | 0.01% | −0.02 |
| KNX Knight-Swift Transportation | Reduce -60.8% | 0.01% | −0.02 |
| DOX Amdocs Ltd. | Reduce -97.2% | 0.00% | −0.02 |
| CG The Carlyle Group Inc. | Reduce -66.7% | 0.01% | −0.02 |
| INVH Invitation Homes Inc. | Reduce -3.4% | 0.21% | −0.02 |
Portfolio Buys Q1 2024 → Q2 2024
| NVDA Nvidia Corp. | Add +0.8% | 5.39% | +1.26 |
| AAPL Apple Inc. | Add +7.3% | 5.59% | +1.11 |
| GOOGL Alphabet Inc. Class A | Add +14.7% | 2.93% | +0.69 |
| AVGO Broadcom Inc. | Add +6.7% | 1.39% | +0.25 |
| AMZN Amazon.com Inc. | Add +5.9% | 3.44% | +0.24 |
| MSFT Microsoft Corp. | Add +3.2% | 6.48% | +0.23 |
| LLY Eli Lilly & Co. | Add +2.7% | 1.49% | +0.17 |
| WELL Welltower Inc. | Add +21.0% | 0.51% | +0.11 |
| COST Costco Wholesale Corp. | Add +2.3% | 0.67% | +0.07 |
| PDD PDD Holdings Inc. | Add +44.7% | 0.21% | +0.07 |
| FER Ferrovial NV | New | 0.07% | +0.07 |
| XOM Exxon Mobil Corp. | Add +13.3% | 1.11% | +0.07 |
| AMAT Applied Materials Inc. | Add +10.8% | 0.38% | +0.06 |
| KLAC KLA Corp. | Add +18.7% | 0.25% | +0.06 |
| BRK.A Berkshire Hathaway Inc. Class A | Add +19.6% | 0.66% | +0.06 |
| NFLX Netflix Inc. | Add +5.4% | 0.54% | +0.05 |
| NEE Nextera Energy Inc. | Add +5.5% | 0.52% | +0.05 |
| DLR Digital Realty Trust Inc. | Add +13.1% | 0.42% | +0.05 |
| TECK Teck Resources Ltd.-CLS B | Add +155.2% | 0.08% | +0.05 |
| ADI Analog Devices Inc. | Add +10.7% | 0.23% | +0.04 |
| ROK Rockwell Automation Inc. | Add +1045.6% | 0.04% | +0.04 |
| SE Sea Ltd.-ADR | Add +1.5% | 0.17% | +0.04 |
| KHC The Kraft Heinz Co. | Add +527.3% | 0.05% | +0.04 |
| PINS Pinterest Inc. Class A | Add +9.7% | 0.13% | +0.03 |
| VIK Viking Holdings Ltd. | New | 0.03% | +0.03 |
| LRCX Lam Research Corp. | Add +8.0% | 0.29% | +0.03 |
| ALNY Alnylam Pharmaceuticals Inc. | Add +0.2% | 0.08% | +0.03 |
| JCI Johnson Controls Internation | Add +68.7% | 0.07% | +0.03 |
| ISRG Intuitive Surgical Inc. | Add +4.1% | 0.29% | +0.03 |
| ANET Arista Networks Inc. | Add +6.0% | 0.15% | +0.03 |
| ELV Elevance Health Inc. | Add +12.1% | 0.25% | +0.02 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +46.8% | 0.07% | +0.02 |
| DHR Danaher Corp. | Add +12.7% | 0.34% | +0.02 |
| ORCL Oracle Corp. | Add +3.5% | 0.23% | +0.02 |
| BP BP PLC-Spons ADR | Add +82.5% | 0.05% | +0.02 |
| BIIB Biogen Inc. | Add +36.5% | 0.07% | +0.02 |
| NEM Newmont Corp. | Add +12.3% | 0.10% | +0.02 |
| SPGI S&P Global Inc. | Add +8.4% | 0.27% | +0.02 |
| TJX TJX Companies Inc. | Add +6.6% | 0.21% | +0.02 |
| HPQ HP Inc. | Add +54.9% | 0.04% | +0.02 |
| SUI Sun Communities Inc. | Add +33.1% | 0.12% | +0.02 |
| AMGN Amgen Inc. | Add +2.9% | 0.27% | +0.02 |
| COKE Coca-Cola Consolidated Inc. | Add +28.1% | 0.05% | +0.02 |
| KIM Kimco Realty Corp. | Add +63.0% | 0.05% | +0.02 |
| BSX Boston Scientific Corp. | Add +2.1% | 0.21% | +0.02 |
| ULS Ul Solutions Inc. Class A | New | 0.02% | +0.02 |
| DPZ Domino's Pizza Inc. | Add +51.4% | 0.05% | +0.02 |
| RBRK Rubrik Inc. Class A | New | 0.02% | +0.02 |
| PFE Pfizer Inc. | Add +9.4% | 0.35% | +0.01 |
| VMRK Vivmark Residential | Add +0.2% | 0.36% | +0.01 |
Notes & Other Activity Q1 2024 → Q2 2024
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | Reduce -25.0% | 300,000 | $14.0M |
| 0 | 0 | Sold out | 0 | $0before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,615 | $1.00T | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q1 2026 | 0 | $0 | |
| Q4 2025 | 1,572 | $934.7B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 0 | $0 | |
| Q2 2025 | 1,705 | $801.1B | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2025Amended | 1,740 | $712.4B | AAPL, MSFT, NVDA, AMZN, GOOGL |
| Q4 2024 | 1,842 | $761.9B | AAPL, MSFT, NVDA, AMZN, GOOGL |
| Q3 2024Amended | 1,835 | $715.8B | MSFT, AAPL, NVDA, AMZN, GOOGL |
| Q2 2024 | 1,927 | $669.2B | MSFT, AAPL, NVDA, AMZN, GOOGL |
| Q1 2024Amended | 1,882 | $633.5B | MSFT, AAPL, NVDA, AMZN, META |