Norges Bank Investment Management

Latest statistics and disclosures from Norges Bank's latest quarterly 13F-HR filing:

  • Top 5 stock holdings are NVDA, AAPL, MSFT, AMZN, GOOGL, and represent 24.45% of Norges Bank's stock portfolio.
  • Added to shares of these 10 stocks: NVDA (+$62B), AAPL (+$52B), MSFT (+$51B), AMZN (+$33B), GOOGL (+$31B), AVGO (+$24B), META (+$22B), GOOG (+$18B), TSLA (+$17B), LLY (+$13B).
  • Started 1577 new stock positions in GOOGL, H, TFX, MMSI, VRRM, MIAX, META, KDP, AXS, CPB.
  • Reduced shares in these 1 stock: Amr.
  • Sold out of its position in Amr.
  • Norges Bank was a net buyer of stock by $935B.
  • Norges Bank has $935B in assets under management (AUM).
  • Central Index Key (CIK): 0001374170

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Portfolio Holdings for Norges Bank

Norges Bank holds 1577 positions in its portfolio as reported in the December 2025 quarterly 13F filing

Norges Bank has 1577 total positions. Only the first 250 positions are shown.

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
NVIDIA Corporation (NVDA) 6.7 $62B NEW 334M 186.50
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Apple (AAPL) 5.6 $52B NEW 192M 271.86
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Microsoft Corporation (MSFT) 5.4 $51B NEW 105M 483.62
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Amazon (AMZN) 3.5 $33B NEW 142M 230.82
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Alphabet Cap Stk Cl A (GOOGL) 3.3 $31B NEW 98M 313.00
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Broadcom (AVGO) 2.6 $24B NEW 70M 346.10
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Meta Platforms Cl A (META) 2.4 $22B NEW 34M 660.09
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Alphabet Cap Stk Cl C (GOOG) 1.9 $18B NEW 58M 313.80
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Tesla Motors (TSLA) 1.8 $17B NEW 38M 449.72
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Eli Lilly & Co. (LLY) 1.4 $13B NEW 12M 1074.68
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JPMorgan Chase & Co. (JPM) 1.2 $11B NEW 35M 322.22
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Berkshire Hathaway Inc Del Cl A (BRK.A) 0.8 $7.8B NEW 10k 754800.00
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Exxon Mobil Corporation (XOM) 0.8 $7.6B NEW 63M 120.34
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Johnson & Johnson (JNJ) 0.7 $6.9B NEW 34M 206.95
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Mastercard Incorporated Cl A (MA) 0.7 $6.7B NEW 12M 570.88
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Wal-Mart Stores (WMT) 0.7 $6.5B NEW 58M 111.41
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Micron Technology (MU) 0.7 $6.4B NEW 23M 285.41
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Visa Com Cl A (V) 0.6 $5.9B NEW 17M 350.71
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Abbvie (ABBV) 0.6 $5.9B NEW 26M 228.49
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Netflix (NFLX) 0.6 $5.8B NEW 62M 93.76
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Welltower Inc Com reit (WELL) 0.6 $5.5B NEW 30M 185.61
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Costco Wholesale Corporation (COST) 0.6 $5.2B NEW 6.0M 862.34
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Palantir Technologies Cl A (PLTR) 0.6 $5.1B NEW 29M 177.75
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Advanced Micro Devices (AMD) 0.5 $4.9B NEW 23M 214.16
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Ubs Group SHS (UBS) 0.5 $4.9B NEW 105M 46.57
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Home Depot (HD) 0.5 $4.9B NEW 14M 344.10
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Bank of America Corporation (BAC) 0.5 $4.8B NEW 87M 55.00
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Procter & Gamble Company (PG) 0.5 $4.7B NEW 33M 143.31
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Wells Fargo & Company (WFC) 0.5 $4.5B NEW 48M 93.20
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Cisco Systems (CSCO) 0.5 $4.5B NEW 58M 77.03
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Ge Aerospace Com New (GE) 0.5 $4.4B NEW 14M 308.03
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UnitedHealth (UNH) 0.5 $4.4B NEW 13M 330.11
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Oracle Corporation (ORCL) 0.5 $4.3B NEW 22M 194.91
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Berkshire Hathaway Inc Del Cl B New (BRK.B) 0.5 $4.3B NEW 8.5M 502.65
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Merck & Co (MRK) 0.4 $4.0B NEW 38M 105.26
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Coca-Cola Company (KO) 0.4 $3.9B NEW 55M 69.91
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Chevron Corporation (CVX) 0.4 $3.7B NEW 25M 152.41
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Lam Research Corp Com New (LRCX) 0.4 $3.6B NEW 21M 171.18
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Rbc Cad (RY) 0.4 $3.5B NEW 20M 170.48
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Digital Realty Trust (DLR) 0.4 $3.4B NEW 22M 154.71
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Booking Holdings (BKNG) 0.3 $3.3B NEW 611k 5355.33
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Linde SHS (LIN) 0.3 $3.2B NEW 7.6M 426.39
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salesforce (CRM) 0.3 $3.2B NEW 12M 264.91
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Raytheon Technologies Corp (RTX) 0.3 $3.2B NEW 17M 183.40
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Thermo Fisher Scientific (TMO) 0.3 $3.1B NEW 5.3M 579.45
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Intuit (INTU) 0.3 $3.1B NEW 4.6M 662.42
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Amphenol Corp Cl A (APH) 0.3 $3.1B NEW 23M 135.14
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Pepsi (PEP) 0.3 $3.0B NEW 21M 143.52
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Kla Corp Com New (KLAC) 0.3 $3.0B NEW 2.5M 1215.08
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Abbott Laboratories (ABT) 0.3 $2.9B NEW 24M 125.29
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McDonald's Corporation (MCD) 0.3 $2.9B NEW 9.5M 305.63
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Applied Materials (AMAT) 0.3 $2.9B NEW 11M 256.99
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Intuitive Surgical Com New (ISRG) 0.3 $2.9B NEW 5.0M 566.36
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Nextera Energy (NEE) 0.3 $2.8B NEW 35M 80.28
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Citigroup Com New (C) 0.3 $2.8B NEW 24M 116.69
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Blackrock (BLK) 0.3 $2.7B NEW 2.6M 1070.34
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Morgan Stanley Com New (MS) 0.3 $2.7B NEW 15M 177.53
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Gilead Sciences (GILD) 0.3 $2.6B NEW 21M 122.74
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Shopify Cl A Sub Vtg Shs (SHOP) 0.3 $2.6B NEW 16M 160.98
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Qualcomm (QCOM) 0.3 $2.6B NEW 15M 171.05
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Texas Instruments Incorporated (TXN) 0.3 $2.5B NEW 15M 173.49
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Goldman Sachs (GS) 0.3 $2.5B NEW 2.9M 879.00
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Uber Technologies (UBER) 0.3 $2.5B NEW 31M 81.71
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Comcast Corp Cl A (CMCSA) 0.3 $2.5B NEW 84M 29.89
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American Express Company (AXP) 0.3 $2.5B NEW 6.7M 369.95
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International Business Machines (IBM) 0.3 $2.4B NEW 8.3M 296.21
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S&p Global (SPGI) 0.3 $2.4B NEW 4.6M 522.59
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Walt Disney Company (DIS) 0.3 $2.4B NEW 21M 113.77
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Verizon Communications (VZ) 0.3 $2.4B NEW 58M 40.73
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Ge Vernova (GEV) 0.2 $2.3B NEW 3.5M 653.57
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Adobe Systems Incorporated (ADBE) 0.2 $2.3B NEW 6.5M 349.99
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Intel Corporation (INTC) 0.2 $2.2B NEW 61M 36.90
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Analog Devices (ADI) 0.2 $2.2B NEW 8.2M 271.20
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TJX Companies (TJX) 0.2 $2.2B NEW 14M 153.61
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Equity Residential Sh Ben Int (EQR) 0.2 $2.2B NEW 35M 63.04
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Boston Scientific Corporation (BSX) 0.2 $2.2B NEW 23M 95.35
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At&t (T) 0.2 $2.2B NEW 88M 24.84
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Danaher Corporation (DHR) 0.2 $2.2B NEW 9.5M 228.92
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Amgen (AMGN) 0.2 $2.2B NEW 6.6M 327.31
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Accenture Plc Ireland Shs Class A (ACN) 0.2 $2.1B NEW 8.0M 268.30
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Toronto Dominion Bk Ont Com New (TD) 0.2 $2.1B NEW 23M 94.25
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Capital One Financial (COF) 0.2 $2.1B NEW 8.6M 242.36
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Applovin Corp Com Cl A (APP) 0.2 $2.0B NEW 3.0M 673.82
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Servicenow (NOW) 0.2 $2.0B NEW 13M 153.19
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Charles Schwab Corporation (SCHW) 0.2 $2.0B NEW 20M 99.91
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Lowe's Companies (LOW) 0.2 $2.0B NEW 8.3M 241.16
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PNC Financial Services (PNC) 0.2 $2.0B NEW 9.4M 208.73
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Bristol Myers Squibb (BMY) 0.2 $1.9B NEW 36M 53.94
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Arthur J. Gallagher & Co. (AJG) 0.2 $1.9B NEW 7.4M 258.79
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Totalenergies Se Act (TTE) 0.2 $1.9B NEW 29M 65.22
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Us Bancorp Del Com New (USB) 0.2 $1.9B NEW 35M 53.36
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Progressive Corporation (PGR) 0.2 $1.8B NEW 8.1M 227.72
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Pfizer (PFE) 0.2 $1.8B NEW 74M 24.90
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Stryker Corporation (SYK) 0.2 $1.8B NEW 5.2M 351.47
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Howmet Aerospace (HWM) 0.2 $1.8B NEW 8.7M 205.02
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Union Pacific Corporation (UNP) 0.2 $1.8B NEW 7.7M 231.32
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Parker-Hannifin Corporation (PH) 0.2 $1.8B NEW 2.0M 878.96
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Kkr & Co (KKR) 0.2 $1.7B NEW 14M 127.48
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Deere & Company (DE) 0.2 $1.7B NEW 3.7M 465.57
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Crowdstrike Hldgs Cl A (CRWD) 0.2 $1.7B NEW 3.6M 468.76
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CVS Caremark Corporation (CVS) 0.2 $1.7B NEW 21M 79.36
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Medtronic SHS (MDT) 0.2 $1.7B NEW 17M 96.06
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McKesson Corporation (MCK) 0.2 $1.7B NEW 2.0M 820.29
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Prologis (PLD) 0.2 $1.6B NEW 12M 127.66
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Arista Networks Com Shs (ANET) 0.2 $1.6B NEW 12M 131.03
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Marsh & McLennan Companies 0.2 $1.6B NEW 8.4M 185.52
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Cme (CME) 0.2 $1.5B NEW 5.6M 273.08
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Eaton Corp SHS (ETN) 0.2 $1.5B NEW 4.8M 318.51
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3M Company (MMM) 0.2 $1.5B NEW 9.5M 160.10
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CRH Ord (CRH) 0.2 $1.5B NEW 12M 124.80
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Constellation Energy (CEG) 0.2 $1.5B NEW 4.1M 353.27
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Newmont Mining Corporation (NEM) 0.2 $1.4B NEW 15M 99.85
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Vertex Pharmaceuticals Incorporated (VRTX) 0.2 $1.4B NEW 3.2M 453.36
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Invitation Homes (INVH) 0.2 $1.4B NEW 52M 27.79
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Intercontinental Exchange (ICE) 0.2 $1.4B NEW 8.8M 161.96
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Palo Alto Networks (PANW) 0.2 $1.4B NEW 7.7M 184.20
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Bank of New York Mellon Corporation (BK) 0.1 $1.4B NEW 12M 116.09
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AvalonBay Communities (AVB) 0.1 $1.4B NEW 7.7M 181.31
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Bk Nova Cad (BNS) 0.1 $1.4B NEW 19M 73.75
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Agnico (AEM) 0.1 $1.4B NEW 8.1M 169.58
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Cadence Design Systems (CDNS) 0.1 $1.4B NEW 4.3M 312.58
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Metropcs Communications (TMUS) 0.1 $1.3B NEW 6.6M 203.04
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Blackstone Group Inc Com Cl A (BX) 0.1 $1.3B NEW 8.3M 154.14
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Hca Holdings (HCA) 0.1 $1.3B NEW 2.7M 466.86
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Apollo Global Mgmt (APO) 0.1 $1.3B NEW 8.7M 144.76
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Starbucks Corporation (SBUX) 0.1 $1.2B NEW 15M 84.21
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Brookfield Corp Cl A Ltd Vt Sh (BN) 0.1 $1.2B NEW 27M 45.91
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Extra Space Storage (EXR) 0.1 $1.2B NEW 9.4M 130.22
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Robinhood Mkts Com Cl A (HOOD) 0.1 $1.2B NEW 11M 113.10
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Enbridge (ENB) 0.1 $1.2B NEW 25M 47.85
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Regency Centers Corporation (REG) 0.1 $1.2B NEW 17M 69.03
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American Tower Reit (AMT) 0.1 $1.2B NEW 6.7M 175.57
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Public Storage (PSA) 0.1 $1.2B NEW 4.5M 259.50
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Trane Technologies SHS (TT) 0.1 $1.2B NEW 3.0M 389.20
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Aon Shs Cl A (AON) 0.1 $1.2B NEW 3.3M 352.88
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Fortinet (FTNT) 0.1 $1.2B NEW 15M 79.41
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O'reilly Automotive (ORLY) 0.1 $1.1B NEW 12M 91.21
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Kinder Morgan (KMI) 0.1 $1.1B NEW 41M 27.49
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Warner Bros Discovery Com Ser A (WBD) 0.1 $1.1B NEW 39M 28.82
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Roper Industries (ROP) 0.1 $1.1B NEW 2.5M 445.13
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Simon Property (SPG) 0.1 $1.1B NEW 6.0M 185.11
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Valero Energy Corporation (VLO) 0.1 $1.1B NEW 6.8M 162.79
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Southern Company (SO) 0.1 $1.1B NEW 13M 87.20
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Unum (UNM) 0.1 $1.1B NEW 14M 77.50
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Teva Pharmaceutical Inds Sponsored Ads (TEVA) 0.1 $1.1B NEW 35M 31.21
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Moody's Corporation (MCO) 0.1 $1.1B NEW 2.1M 510.85
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Doordash Cl A (DASH) 0.1 $1.1B NEW 4.8M 226.48
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Sherwin-Williams Company (SHW) 0.1 $1.1B NEW 3.4M 324.03
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Norfolk Southern (NSC) 0.1 $1.1B NEW 3.8M 288.72
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Udr (UDR) 0.1 $1.1B NEW 30M 36.68
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Chubb (CB) 0.1 $1.1B NEW 3.5M 312.12
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Pdd Holdings Sponsored Ads (PDD) 0.1 $1.1B NEW 9.4M 113.39
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Air Products & Chemicals (APD) 0.1 $1.1B NEW 4.3M 247.02
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Bank Of Montreal Cadcom (BMO) 0.1 $1.1B NEW 8.2M 129.87
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Anthem (ELV) 0.1 $1.1B NEW 3.0M 350.55
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Emerson Electric (EMR) 0.1 $1.1B NEW 7.9M 132.72
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TransDigm Group Incorporated (TDG) 0.1 $1.0B NEW 771k 1329.85
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Waste Management (WM) 0.1 $1.0B NEW 4.7M 219.71
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Baker Hughes Company Cl A (BKR) 0.1 $1.0B NEW 23M 45.54
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Cigna Corp (CI) 0.1 $1.0B NEW 3.7M 275.23
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Regeneron Pharmaceuticals (REGN) 0.1 $1.0B NEW 1.3M 771.87
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Mondelez Intl Cl A (MDLZ) 0.1 $1.0B NEW 19M 53.83
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Equinix (EQIX) 0.1 $984M NEW 1.3M 766.16
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Canadian Pacific Kansas City (CP) 0.1 $979M NEW 13M 73.63
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United Rentals (URI) 0.1 $978M NEW 1.2M 809.32
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CSX Corporation (CSX) 0.1 $978M NEW 27M 36.25
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Snowflake Com Shs (SNOW) 0.1 $974M NEW 4.4M 219.36
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Alcon Ord Shs (ALC) 0.1 $961M NEW 12M 79.74
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Cibc Cad (CM) 0.1 $958M NEW 11M 90.66
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Paypal Holdings (PYPL) 0.1 $950M NEW 16M 58.38
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Motorola Solutions Com New (MSI) 0.1 $943M NEW 2.5M 383.32
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AutoZone (AZO) 0.1 $939M NEW 277k 3391.50
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Te Connectivity Ord Shs (TEL) 0.1 $939M NEW 4.1M 227.51
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Amrize SHS (AMRZ) 0.1 $929M NEW 17M 54.90
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Johnson Ctls Intl SHS (JCI) 0.1 $928M NEW 7.7M 119.75
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Cintas Corporation (CTAS) 0.1 $924M NEW 4.9M 188.07
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Corning Incorporated (GLW) 0.1 $921M NEW 11M 87.56
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Tyler Technologies (TYL) 0.1 $921M NEW 2.0M 453.95
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General Motors Company (GM) 0.1 $919M NEW 11M 81.32
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Sempra Energy (SRE) 0.1 $915M NEW 10M 88.29
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United Parcel Service CL B (UPS) 0.1 $902M NEW 9.1M 99.19
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Alnylam Pharmaceuticals (ALNY) 0.1 $896M NEW 2.3M 397.65
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Marvell Technology (MRVL) 0.1 $896M NEW 11M 84.98
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Ecolab (ECL) 0.1 $881M NEW 3.4M 262.52
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Ross Stores (ROST) 0.1 $868M NEW 4.8M 180.14
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Autodesk (ADSK) 0.1 $868M NEW 2.9M 296.01
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Wheaton Precious Metals Corp (WPM) 0.1 $865M NEW 7.4M 117.56
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Cummins (CMI) 0.1 $863M NEW 1.7M 510.45
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Expedia Group Com New (EXPE) 0.1 $862M NEW 3.0M 283.31
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Colgate-Palmolive Company (CL) 0.1 $862M NEW 11M 79.02
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FedEx Corporation (FDX) 0.1 $859M NEW 3.0M 288.86
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Ametek (AME) 0.1 $831M NEW 4.0M 205.31
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Nike CL B (NKE) 0.1 $830M NEW 13M 63.71
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AmerisourceBergen (COR) 0.1 $823M NEW 2.4M 337.75
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Quanta Services (PWR) 0.1 $817M NEW 1.9M 422.06
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Marriott Intl Cl A (MAR) 0.1 $813M NEW 2.6M 310.24
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SLB Com Stk (SLB) 0.1 $810M NEW 21M 38.38
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Vertiv Holdings Com Cl A (VRT) 0.1 $809M NEW 5.0M 162.01
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Illinois Tool Works (ITW) 0.1 $808M NEW 3.3M 246.30
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Alexandria Real Estate Equities (ARE) 0.1 $805M NEW 17M 48.94
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Edwards Lifesciences (EW) 0.1 $804M NEW 9.4M 85.25
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Hilton Worldwide Holdings (HLT) 0.1 $803M NEW 2.8M 287.25
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Cardinal Health (CAH) 0.1 $790M NEW 3.8M 205.50
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Western Digital (WDC) 0.1 $789M NEW 4.6M 172.27
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Ferrari Nv Ord (RACE) 0.1 $780M NEW 2.1M 373.88
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Manulife Finl Corp (MFC) 0.1 $777M NEW 21M 36.31
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Otis Worldwide Corp (OTIS) 0.1 $770M NEW 8.8M 87.35
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Nu Hldgs Ord Shs Cl A (NU) 0.1 $764M NEW 46M 16.74
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Kenvue (KVUE) 0.1 $757M NEW 44M 17.25
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Sun Communities (SUI) 0.1 $753M NEW 6.1M 123.91
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Mid-America Apartment (MAA) 0.1 $751M NEW 5.4M 138.91
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Williams Companies (WMB) 0.1 $748M NEW 12M 60.11
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Vistra Energy (VST) 0.1 $747M NEW 4.6M 161.33
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Ameriprise Financial (AMP) 0.1 $742M NEW 1.5M 490.34
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Targa Res Corp (TRGP) 0.1 $736M NEW 4.0M 184.50
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Take-Two Interactive Software (TTWO) 0.1 $735M NEW 2.9M 256.03
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Zoetis Cl A (ZTS) 0.1 $734M NEW 5.8M 125.82
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Becton, Dickinson and (BDX) 0.1 $734M NEW 3.8M 194.07
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Federal Rlty Invt Tr Sh Ben Int New (FRT) 0.1 $734M NEW 7.3M 100.80
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Cheniere Energy Com New (LNG) 0.1 $732M NEW 3.8M 194.39
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Check Point Software Tech Lt Ord (CHKP) 0.1 $731M NEW 3.9M 185.56
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Synopsys (SNPS) 0.1 $730M NEW 1.6M 469.72
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Paccar (PCAR) 0.1 $728M NEW 6.6M 109.51
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Travelers Companies (TRV) 0.1 $723M NEW 2.5M 290.06
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Automatic Data Processing (ADP) 0.1 $722M NEW 2.8M 257.23
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Cloudflare Cl A Com (NET) 0.1 $718M NEW 3.6M 197.15
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Chipotle Mexican Grill (CMG) 0.1 $712M NEW 19M 37.00
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Spotify Technology S A SHS (SPOT) 0.1 $712M NEW 1.2M 580.71
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American Homes 4 Rent Cl A (AMH) 0.1 $711M NEW 22M 32.10
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Yum! Brands (YUM) 0.1 $707M NEW 4.7M 151.28
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Waste Connections (WCN) 0.1 $698M NEW 4.0M 175.37
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Flutter Entmt SHS (FLUT) 0.1 $694M NEW 3.2M 215.04
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Monster Beverage Corp (MNST) 0.1 $691M NEW 9.0M 76.67
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Cognizant Technology Solutio Cl A (CTSH) 0.1 $691M NEW 8.3M 83.00
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Boston Properties (BXP) 0.1 $689M NEW 10M 67.48
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Ford Motor Company (F) 0.1 $674M NEW 51M 13.12
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Microchip Technology (MCHP) 0.1 $665M NEW 10M 63.72
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Monolithic Power Systems (MPWR) 0.1 $659M NEW 727k 906.36
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Coinbase Global Com Cl A (COIN) 0.1 $657M NEW 2.9M 226.14
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Dominion Resources (D) 0.1 $655M NEW 11M 58.59
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D.R. Horton (DHI) 0.1 $649M NEW 4.5M 144.03
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Fifth Third Ban (FITB) 0.1 $649M NEW 14M 46.81
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Fastenal Company (FAST) 0.1 $646M NEW 16M 40.13
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Electronic Arts (EA) 0.1 $644M NEW 3.2M 204.33
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Cbre Group Cl A (CBRE) 0.1 $643M NEW 4.0M 160.79
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Phillips 66 (PSX) 0.1 $640M NEW 5.0M 129.04
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MetLife (MET) 0.1 $640M NEW 8.1M 78.94
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American Intl Group Com New (AIG) 0.1 $637M NEW 7.4M 85.55
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Aptiv Com Shs (APTV) 0.1 $635M NEW 8.3M 76.09
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Everest Re Group (EG) 0.1 $630M NEW 1.9M 339.35
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Past Filings by Norges Bank

SEC 13F filings are viewable for Norges Bank going back to 2010

View all past filings