Norway’s $2.3 trillion sovereign wealth fund, the world’s largest, generated a record $184.3 billion profit in H1 2026 as U.S. technology stocks drove outsized gains for foreign institutional investors. The fund returned 9.4% over the period, and the source also cited a 72.1% equity figure, underscoring how stock-market exposure can amplify performance when large-cap U.S. tech leads global markets.