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Portfolio (Quarterly) Guide ↗

NORGES BANK

· CIK 0001374170
13F Portfolio $712.5B AUM 1,743 positions Filed May 11, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 Q1 2025 · All 48 New 648 Added 839 Reduced
Page 9 of 88  ·  1,743 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
161 BKR BAKER HUGHES COMPANY Energy 20,265,981.0 $890.7M 0.12% $43.95 +22.5%
162 NEM NEWMONT CORP Basic Materials 18,252,073.0 $881.2M 0.12% +1.4M +8.5% $48.28 +93.3%
163 CMG CHIPOTLE MEXICAN GRILL INC Consumer Cyclical 17,537,800.0 $880.6M 0.12% -594K -3.3% $50.21 -30.3%
164 EQIX EQUINIX INC Real Estate 1,060,090.0 $864.3M 0.12% -72K -6.3% $815.35 +24.3%
165 CANADIAN PACIFIC KANSAS CITY 12,287,733.0 $862.6M 0.12% -349K -2.8% $70.20
166 DISCOVER FINL SVCS 4,961,102.0 $846.9M 0.12% +778K +18.6% $170.70
167 ANET ARISTA NETWORKS INC Technology 10,923,914.0 $846.4M 0.12% -1.7M -13.6% $77.48 +115.0%
168 ZTS ZOETIS INC Healthcare 5,093,177.0 $838.6M 0.12% +34K +0.7% $164.65 -56.0%
169 ECL ECOLAB INC Basic Materials 3,291,130.0 $834.4M 0.12% +1.1M +47.9% $253.52 +9.8%
170 AMH AMERICAN HOMES 4 RENT Real Estate 21,967,376.0 $830.6M 0.12% $37.81 -10.8%
171 RACE FERRARI N V Consumer Cyclical 1,951,927.0 $828.5M 0.12% +318K +19.5% $424.45 -11.7%
172 PYPL PAYPAL HLDGS INC Financial Services 12,651,688.0 $825.5M 0.12% -78K -0.6% $65.25 -32.5%
173 AIG AMERICAN INTL GROUP INC Financial Services 9,204,594.0 $800.2M 0.11% -658K -6.7% $86.94 -11.9%
174 DB DEUTSCHE BANK A G Financial Services 33,767,931.0 $797.3M 0.11% -11.1M -24.8% $23.61 +43.4%
175 ITW ILLINOIS TOOL WKS INC Industrials 3,205,714.0 $795.0M 0.11% +26K +0.8% $248.01 +8.5%
176 AEM AGNICO EAGLE MINES LTD Basic Materials 7,315,320.0 $792.7M 0.11% $108.36 +42.9%
177 WCN WASTE CONNECTIONS INC Industrials 4,043,754.0 $789.0M 0.11% +33K +0.8% $195.12 -15.6%
178 PANW PALO ALTO NETWORKS INC Technology 4,596,877.0 $784.4M 0.11% -738K -13.8% $170.64 +106.3%
179 MSTR MICROSTRATEGY INC Technology 2,656,273.0 $765.7M 0.11% +847K +46.8% $288.27 -67.6%
180 SLB SCHLUMBERGER LTD Energy 18,182,734.0 $760.0M 0.11% -998K -5.2% $41.80 +7.9%
Page 9 of 88  ·  1,743 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 28.6%
Financial Services 14.3%
Healthcare 11.4%
Consumer Cyclical 10.8%
Communication Services 9.6%
Industrials 7.0%
Real Estate 5.9%
Consumer Defensive 5.1%
Energy 3.0%
Basic Materials 2.3%