Thanks to tech stocks, the Norwegian sovereign wealth fund earned approximately €160 billion in the first half of 2026.

With a population of 5.63 million, that comes out to €28,419 per capita. The largest holdings are Nvidia, Apple, Microsoft, and TSMC. That’s how a stock-based pension works.

$AAPL (+0,38 %)
$MSFT (+0,21 %)
$NVDA (-0,61 %)
$2330

With a population of 5.63 million, that works out to €28,419 per capita. The largest holdings are Nvidia, Apple, Microsoft, and TSMC. That’s how a stock-based pension works. 🤑📈