Norway Savings Bank is an investment fund managing more than $175 billion ran by Michelle Wickham. There are currently 101 companies in Mrs. Wickham’s portfolio. The largest investments include Apple Inc and Microsoft, together worth $17.3 billion.
As of 5th July 2024, Norway Savings Bank’s top holding is 47,141 shares of Apple Inc currently worth over $9.93 billion and making up 5.7% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Norway Savings Bank owns more than approximately 0.1% of the company.
In addition, the fund holds 16,527 shares of Microsoft worth $7.39 billion, whose value grew 20.0% in the past six months.
The third-largest holding is NVIDIA Corp worth $6.57 billion and the next is Alphabet Inc worth $6.05 billion, with 33,234 shares owned.
Currently, Norway Savings Bank's portfolio is worth at least $175 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Norway Savings Bank office and employees reside in Norway, Maine. According to the last 13-F report filed with the SEC, Michelle Wickham serves as the TRUST OPERATIONS OFFICER at Norway Savings Bank.
In the most recent 13F filing, Norway Savings Bank revealed that it had opened a new position in
Alphabet Inc and bought 1,228 shares worth $225 million.
This means they effectively own approximately 0.1% of the company.
Alphabet Inc makes up
0.5%
of the fund's Technology sector allocation and has grown its share price by 56.0% in the past year.
The investment fund also strengthened its position in Apple Inc by buying
11 additional shares.
This makes their stake in Apple Inc total 47,141 shares worth $9.93 billion.
Apple Inc soared 22.8% in the past year.
On the other hand, there are companies that Norway Savings Bank is getting rid of from its portfolio.
Norway Savings Bank closed its position in Vanguard Index Fds on 12th July 2024.
It sold the previously owned 49,144 shares for $9.73 billion.
Michelle Wickham also disclosed a decreased stake in Kla-tencor Corp. by approximately 0.1%.
This leaves the value of the investment at $1.88 billion and 2,275 shares.
The two most similar investment funds to Norway Savings Bank are Aft, Forsyth & Company, Inc and Phoenix Life Insurance. They manage $176 billion and $176 billion respectively.
Norway Savings Bank’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 27.4% of
the total portfolio value.
The fund focuses on investments in the United States as
73.3% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
71% of the total holdings value.
On the other hand, small-cap stocks make up only 4.0% of the portfolio.
The average market cap of the portfolio companies is close to $232 billion.
These positions were updated on July 12th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Apple Inc |
0.02%
47,141
|
$9,928,837,000 | 5.66% |
| Vanguard Index Fds |
Closed
49,144
|
$9,725,016,000 | |
| Microsoft Corporation |
7.01%
16,527
|
$7,386,743,000 | 4.21% |
| Ishares Tr |
Closed
483,895
|
$38,006,068,000 | |
| NVIDIA Corp |
893.28%
53,210
|
$6,573,563,000 | 3.75% |
| Alphabet Inc |
4.38%
33,234
|
$6,053,574,000 | 3.45% |
| Pimco Etf Tr |
Closed
62,083
|
$5,720,825,000 | |
| Palo Alto Networks Inc |
0.66%
15,895
|
$5,388,564,000 | 3.07% |
| Amazon.com Inc. |
4.45%
27,876
|
$5,387,038,000 | 3.07% |
| Lilly Eli & Co |
0.94%
5,483
|
$4,964,198,000 | 2.83% |
| J.p. Morgan Chase & Co |
0.69%
22,276
|
$4,505,544,000 | 2.57% |
| Oracle Corp. |
3.34%
30,101
|
$4,250,261,000 | 2.42% |
| Vanguard Scottsdale Fds |
Closed
51,125
|
$4,106,768,000 | |
| Amphenol Corp. |
100.80%
56,167
|
$3,783,971,000 | 2.16% |
| Chevron Corp. |
10.20%
23,653
|
$3,699,802,000 | 2.11% |
| Berkshire Hathaway Inc. |
1.82%
9,069
|
$3,689,269,000 | 2.10% |
| Abbott Labs |
9.73%
34,973
|
$3,634,044,000 | 2.07% |
| Procter & Gamble Co. |
5.26%
21,295
|
$3,511,972,000 | 2.00% |
| Exxon Mobil Corp. |
2.23%
30,176
|
$3,473,862,000 | 1.98% |
| Microchip Technology, Inc. |
2.34%
36,934
|
$3,379,462,000 | 1.93% |
| Vanguard Specialized Funds |
Closed
18,457
|
$3,370,433,000 | |
| Spdr Portfolio Developed World Ex-us Etf |
14.65%
94,291
|
$3,307,728,000 | 1.89% |
| J P Morgan Exchange Traded F |
Closed
67,939
|
$3,161,202,000 | |
| iShares MSCI Emerging Markets ex China ETF |
28.74%
50,899
|
$3,013,221,000 | 1.72% |
| Analog Devices Inc. |
2.34%
13,163
|
$3,004,586,000 | 1.71% |
| Spdr Ser Tr |
Closed
140,842
|
$6,042,061,000 | |
| Costco Wholesale Corp |
6.50%
3,180
|
$2,702,968,000 | 1.54% |
| Johnson & Johnson |
2.38%
17,109
|
$2,500,651,000 | 1.43% |
| Salesforce.com Inc. |
8.90%
9,087
|
$2,336,268,000 | 1.33% |
| Conocophillips Inc. |
3.19%
19,109
|
$2,185,688,000 | 1.25% |
| Intercontinental Exchange Inc |
0.98%
15,919
|
$2,179,152,000 | 1.24% |
| Tyler Technologies, Inc. |
1.24%
4,176
|
$2,099,610,000 | 1.20% |
| Vanguard Whitehall Fds |
Closed
17,067
|
$2,064,936,000 | |
| Ishares Inc |
Closed
22,296
|
$2,028,713,000 | |
| Pepsico Inc |
6.07%
12,247
|
$2,019,898,000 | 1.15% |
| Lowes Cos Inc. |
23.48%
8,655
|
$1,908,081,000 | 1.09% |
| Kla-tencor Corp. |
3.40%
2,275
|
$1,875,760,000 | 1.07% |
| Vanguard Ftse Emerging Mkts Etf |
18.31%
41,860
|
$1,831,794,000 | 1.04% |
| Meta Platforms Inc |
13.19%
3,588
|
$1,809,141,000 | 1.03% |
| Advanced Micro Devices Inc. |
8.37%
10,916
|
$1,770,684,000 | 1.01% |
| Mondelez International Inc. |
4.39%
26,799
|
$1,753,727,000 | 1.00% |
| Idexx Labs |
5.59%
3,445
|
$1,678,404,000 | 0.96% |
| Boeing Co. |
18.12%
8,955
|
$1,629,900,000 | 0.93% |
| Duke Energy Corp. |
4.88%
16,017
|
$1,605,384,000 | 0.92% |
| CVS Health Corp |
7.87%
26,919
|
$1,589,837,000 | 0.91% |
| Blackstone Inc |
12.60%
12,688
|
$1,570,774,000 | 0.90% |
| Walt Disney Co (The) |
2.17%
15,695
|
$1,558,357,000 | 0.89% |
| Chipolte Mexican Grill Inc. |
5,244.83%
24,800
|
$1,553,721,000 | 0.89% |
| NextEra Energy Inc |
10.71%
21,448
|
$1,518,733,000 | 0.87% |
| Caterpillar Inc. |
3.00%
4,367
|
$1,454,648,000 | 0.83% |
| Blackrock Inc. |
7.78%
1,828
|
$1,439,221,000 | 0.82% |
| Coca-Cola Co |
0.81%
22,323
|
$1,420,859,000 | 0.81% |
| Marsh & Mclennan Companies Inc |
8.82%
6,710
|
$1,413,931,000 | 0.81% |
| Fedex Corp |
8.03%
4,710
|
$1,412,247,000 | 0.81% |
| Digital Realty Trust, Inc. |
4.26%
9,063
|
$1,378,029,000 | 0.79% |
| Honeywell International Inc |
9.02%
6,324
|
$1,350,427,000 | 0.77% |
| Danaher Corp. |
6.89%
5,165
|
$1,290,475,000 | 0.74% |
| T J X Companies |
3.27%
11,442
|
$1,259,764,000 | 0.72% |
| Cigna Group (The) |
No change
3,600
|
$1,190,052,000 | 0.68% |
| Accenture Plc Ireland Shs Cl A |
5.64%
3,874
|
$1,175,410,000 | 0.67% |
| Mcdonalds Corp |
1.11%
4,557
|
$1,161,306,000 | 0.66% |
| Nike, Inc. |
0.88%
15,188
|
$1,144,719,000 | 0.65% |
| Zimmer Biomet Holdings Inc |
3.26%
10,519
|
$1,141,627,000 | 0.65% |
| Goldman Sachs Group, Inc. |
4.52%
2,519
|
$1,139,394,000 | 0.65% |
| United Parcel Service, Inc. |
3.59%
7,887
|
$1,079,336,000 | 0.62% |
| AMGEN Inc. |
8.55%
3,377
|
$1,055,144,000 | 0.60% |
| Deere & Co. |
35.61%
2,761
|
$1,031,592,000 | 0.59% |
| General Dynamics Corp. |
7.90%
3,553
|
$1,030,867,000 | 0.59% |
| American Tower Corp. |
5.79%
5,207
|
$1,012,137,000 | 0.58% |
| Verizon Communications Inc |
8.02%
24,393
|
$1,005,967,000 | 0.57% |
| Bhp Billiton |
1.51%
17,485
|
$998,219,000 | 0.57% |
| EOG Resources, Inc. |
9.35%
7,627
|
$960,010,000 | 0.55% |
| M&t Bank Corporation |
0.95%
6,233
|
$943,427,000 | 0.54% |
| Visa Inc |
3.66%
3,540
|
$929,144,000 | 0.53% |
| Zscaler Inc |
22.10%
4,603
|
$884,650,000 | 0.50% |
| Johnson Controls International |
12.49%
13,298
|
$883,918,000 | 0.50% |
| Home Depot, Inc. |
11.17%
2,465
|
$848,552,000 | 0.48% |
| Starbucks Corp. |
1.61%
10,417
|
$810,964,000 | 0.46% |
| Texas Instruments Inc. |
2.92%
4,150
|
$807,299,000 | 0.46% |
| Abbvie Inc |
44.89%
4,680
|
$802,714,000 | 0.46% |
| Zoetis Inc |
7.45%
4,472
|
$775,266,000 | 0.44% |
| Becton Dickinson & Co. |
20.76%
3,258
|
$761,427,000 | 0.43% |
| Zebra Technologies Corp. |
13.13%
2,412
|
$745,139,000 | 0.42% |
| PayPal Holdings Inc |
3.55%
11,424
|
$662,935,000 | 0.38% |
| Estee Lauder Co |
6.53%
5,973
|
$635,527,000 | 0.36% |
| Ishares Msci Eafe Etf |
No change
7,780
|
$609,407,000 | 0.35% |
| Pfizer Inc. |
2.33%
18,689
|
$522,918,000 | 0.30% |
| Mastercard Incorporated |
5.43%
1,131
|
$498,952,000 | 0.28% |
| HCA Healthcare Inc |
23.67%
1,463
|
$470,033,000 | 0.27% |
| Cisco Systems, Inc. |
No change
9,295
|
$441,606,000 | 0.25% |
| Bristol-Myers Squibb Co. |
4.11%
10,153
|
$421,654,000 | 0.24% |
| Vanguard Bd Index Fds |
Closed
5,783
|
$420,019,000 | |
| Thermo Fisher Scientific Inc. |
0.92%
755
|
$417,515,000 | 0.24% |
| Air Prods & Chems Inc |
13.47%
1,555
|
$401,268,000 | 0.23% |
| Albemarle Corp. |
13.27%
3,874
|
$370,044,000 | 0.21% |
| Walmart Inc |
No change
5,250
|
$355,478,000 | 0.20% |
| Aflac Inc. |
No change
3,715
|
$331,787,000 | 0.19% |
| Enbridge Inc |
11.25%
9,302
|
$331,058,000 | 0.19% |
| L3 Harris Technologies Inc |
33.85%
1,446
|
$324,743,000 | 0.19% |
| Crown Castle Int Corp |
15.35%
3,225
|
$315,083,000 | 0.18% |
| Chubb Ltd |
No change
1,218
|
$310,687,000 | 0.18% |
| Charles Schwab Corp. |
1.19%
4,145
|
$305,445,000 | 0.17% |
| International Business Machines Corp. |
1.53%
1,661
|
$287,270,000 | 0.16% |
| State Street Corp. |
6.79%
3,773
|
$279,202,000 | 0.16% |
| RTX Corp |
0.93%
2,718
|
$272,860,000 | 0.16% |
| Merck & Co Inc |
No change
2,145
|
$265,551,000 | 0.15% |
| Truist Financial Corporation |
38.64%
6,802
|
$264,258,000 | 0.15% |
| AT&T Inc. |
37.02%
13,784
|
$263,412,000 | 0.15% |
| Bank America Corp |
Closed
6,783
|
$257,211,000 | |
| CSX Corp. |
No change
7,500
|
$250,875,000 | 0.14% |
| Citigroup Inc |
3.00%
3,885
|
$246,542,000 | 0.14% |
| Alphabet Inc |
Opened
1,228
|
$225,240,000 | 0.13% |
| Generac Holdings Inc |
Closed
1,730
|
$218,222,000 | |
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