Medtronic plc
CH ˙ SWX ˙ IE00BTN1Y115
SecurityCH:MDT / Medtronic plc
InstitutionNorges Bank
Latest Disclosed Ownership17,213,042 shares
Latest Disclosed Value $ 1,653,484,815
Norges Bank ownership in MDT / Medtronic plc

On February 10, 2026 - Norges Bank filed a 13F-HR form disclosing ownership of 17,213,042 shares of Medtronic plc (CH:MDT) valued at $1,653,484,815 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 13, 2025 disclosing 0 shares of Medtronic plc.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date
Effective
Date
Form Security Class ID Avg Price
Paid (Est)
Reported
Shares
ΔShares ΔShares
(%)
Reported
Value
(x1000)
ΔValue
(%)
Alloc
(%)
ΔAlloc ΔAlloc (%) Cost Basis
(x1000)
Unrealized
Gain/Loss
(x1000)
2026-02-10 2025-12-31 13F MEDTRONIC SHS G5960L103 17,213,042 17,213,042 1,653,485 0.1769
2025-11-13 2025-09-30 13F MEDTRONIC SHS G5960L103 0 -16,435,681 -100.00 0 -100.00
2025-08-13 2025-06-30 13F MEDTRONIC SHS G5960L103 16,435,681 1,800,014 12.30 1,432,698 8.94 0.1788
2026-05-11 2025-03-31 13F/A-1 MEDTRONIC SHS G5960L103 14,635,667 69,063 0.47 1,315,161 13.03 0.1846
2025-02-12 2024-12-31 13F MEDTRONIC SHS G5960L103 14,566,604 64,954 0.45 1,163,580 -10.88 0.1527
2025-11-12 2024-09-30 13F/A-1 MEDTRONIC SHS G5960L103 14,501,650 -1,076,704 -6.91 1,305,584 6.48 0.1824
2024-08-14 2024-06-30 13F MEDTRONIC SHS G5960L103 15,578,354 69,809 0.45 1,226,172 -9.28 0.1832
2025-05-14 2024-03-31 13F/A-1 MEDTRONIC SHS G5960L103 15,508,545 581,068 3.89 1,351,570 9.91 0.2133
2024-02-09 2023-12-31 13F MEDTRONIC SHS G5960L103 14,927,477 722,799 5.09 1,229,726 10.48 0.2149
2024-11-13 2023-09-30 13F/A-1 MEDTRONIC SHS G5960L103 14,204,678 197,232 1.41 1,113,079 -9.80 0.2259
2024-08-14 2023-06-30 13F/A-1 MEDTRONIC SHS G5960L103 14,007,446 299,943 2.19 1,234,056 11.67 0.2435
2024-05-15 2023-03-31 13F/A-1 MEDTRONIC SHS G5960L103 13,707,503 39,007 0.29 1,105,099 4.03 0.2419
2023-02-14 2022-12-31 13F MEDTRONIC SHS G5960L103 13,668,496 492,853 3.74 1,062,316 -0.15 0.2561
2023-11-13 2022-09-30 13F/A-1 MEDTRONIC SHS G5960L103 13,175,643 512,087 4.04 1,063,933 -6.39 0.2829
2023-08-14 2022-06-30 13F/A-1 MEDTRONIC SHS G5960L103 12,663,556 -542,231 -4.11 1,136,554 -22.43 0.2938
2023-05-12 2022-03-31 13F/A-1 MEDTRONIC SHS G5960L103 13,205,787 163,516 1.25 1,465,182 8.59 0.3194
2022-03-09 2021-12-31 13F/A-1 MEDTRONIC SHS G5960L103 13,042,271 -297,020 -2.23 1,349,223 -19.31 0.2774
2022-11-14 2021-09-30 13F/A-1 MEDTRONIC SHS G5960L103 13,339,291 -398,501 -2.90 1,672,080 -1.95 0.3699
2022-08-15 2021-06-30 13F/A-1 MEDTRONIC SHS G5960L103 13,737,792 -449,651 -3.17 1,705,272 1.75 0.3697
2022-05-09 2021-03-31 13F/A-1 MEDTRONIC SHS G5960L103 14,187,443 -607,867 -4.11 1,675,963 -3.30 0.3837
2021-03-02 2020-12-31 13F/A-1 MEDTRONIC SHS G5960L103 14,795,310 755,034 5.38 1,733,123 18.78 0.4047
2021-11-12 2020-09-30 13F/A-1 MEDTRONIC SHS G5960L103 14,040,276 113,953 0.82 1,459,065 14.25 0.3876
2021-08-13 2020-06-30 13F/A-1 MEDTRONIC SHS G5960L103 13,926,323 835,616 6.38 1,277,044 8.18 0.3677
2021-05-07 2020-03-31 13F/A-1 MEDTRONIC SHS G5960L103 13,090,707 -1,443,031 -9.93 1,180,520 -28.40 0.4207
2020-03-03 2019-12-31 13F/A-1 MEDTRONIC SHS G5960L103 14,533,738 116,308 0.81 1,648,853 5.29 0.4601
2020-11-13 2019-09-30 13F/A-1 MEDTRONIC SHS G5960L103 14,417,430 1,023,059 7.64 1,566,021 20.05 0.4796
2020-08-13 2019-06-30 13F/A-1 MEDTRONIC SHS G5960L103 13,394,371 542,523 4.22 1,304,477 11.44 0.4031
2020-05-11 2019-03-31 13F/A-2 MEDTRONIC SHS G5960L103 12,851,848 535,683 4.35 1,170,546 4.49 0.3782
2019-03-04 2018-12-31 13F/A-1 MEDTRONIC SHS G5960L103 12,316,165 94,368 0.77 1,120,279 -6.82 0.4167
2019-12-02 2018-09-30 13F/A-3 MEDTRONIC SHS G5960L103 12,221,797 169,899 1.41 1,202,258 16.52 0.3905
2019-12-02 2018-09-30 13F/A-2 MEDTRONIC SHS G5960L103 12,221,797 169,899 1,202,258 0.3905
2019-11-12 2018-09-30 13F/A-1 MEDTRONIC SHS G5960L103 12,221,797 169,899 1,202,258 0.3905
2019-08-12 2018-06-30 13F/A-1 MEDTRONIC SHS G5960L103 12,051,898 40,457 0.34 1,031,763 7.08 0.3542
2019-05-15 2018-03-31 13F/A-2 MEDTRONIC SHS G5960L103 12,011,441 -140,865 -1.16 963,558 -1.81 0.3486
2018-03-05 2017-12-31 13F/A-1 MEDTRONIC SHS G5960L103 12,152,306 218,257 1.83 981,299 5.73 0.3517
2018-11-13 2017-09-30 13F/A-1 MEDTRONIC SHS G5960L103 11,934,049 313,368 2.70 928,111 -10.01 0.3522
2018-07-24 2017-06-30 13F/A-1 MEDTRONIC SHS G5960L103 11,620,681 -468,849 -3.88 1,031,335 5.89 0.4094
2018-05-11 2017-03-31 13F/A-1 MEDTRONIC SHS G5960L103 12,089,530 1,457,440 13.71 973,933 28.60 0.3996
2017-03-02 2016-12-31 13F/A-1 MEDTRONIC SHS G5960L103 10,632,090 -5,616 -0.05 757,324 -13.73 0.3310
2017-11-13 2016-09-30 13F/A-1 MEDTRONIC SHS G5960L103 10,637,706 -454,769 -4.10 877,839 -8.80 0.4149
2017-08-09 2016-06-30 13F/A-1 MEDTRONIC SHS G5960L103 11,092,475 754,588 7.30 962,494 24.14 0.4573
2017-05-10 2016-03-31 13F/A-1 MEDTRONIC COM G5960L103 10,337,887 -596,369 -5.45 775,341 -7.81 0.3814
2016-04-18 2015-12-31 13F/A-2 MEDTRONIC SHS G5960L103 10,934,256 -767,440 -6.56 841,063 7.37 0.4181
2016-03-16 2015-12-31 13F/A-1 MEDTRONIC SHS G5960L103 10,934,256 0 841,063 0.4218
2016-11-14 2015-09-30 13F/A-2 MEDTRONIC SHS G5960L103 11,701,696 11,701,696 783,311 0.4105
2015-08-10 2015-06-30 13F MEDTRONIC SHS G5960L103 0 -11,386,731 -100.00 0 -100.00
2016-05-13 2015-03-31 13F/A-1 MEDTRONIC SHS G5960L103 11,386,731 3,591,149 46.07 888,051 57.78 0.4351
2015-03-19 2014-12-31 13F/A-1 MEDTRONIC COM 585055106 7,795,582 -77,669 562,841 0.2871
2016-04-18 2014-12-31 13F/A-2 MEDTRONIC COM 585055106 7,795,582 -77,669 -0.99 562,841 15.40 0.2860
2015-11-12 2014-09-30 13F/A-1 MEDTRONIC COM 585055106 7,873,251 -39,380 -0.50 487,747 -3.32 0.2642
2015-08-10 2014-06-30 13F/A-1 MEDTRONIC COM 585055106 7,912,631 0 0.00 504,510 3.61 0.2722
2015-05-12 2014-03-31 13F/A-1 MEDTRONIC COM 585055106 7,912,631 76,392 0.97 486,943 8.28 0.2748
2014-03-07 2013-12-31 13F/A-1 MEDTRONIC COM 585055106 7,836,239 -480,039 449,722 0.2751
2014-03-20 2013-12-31 13F/A-2 MEDTRONIC COM 585055106 7,836,239 0 449,722 0.2646
2014-05-12 2013-12-31 13F/A-3 MEDTRONIC COM 585055106 7,836,239 -480,039 -5.77 449,722 1.55 0.2590
2014-11-14 2013-09-30 13F/A-1 MEDTRONIC COM 585055106 8,316,278 0 0.00 442,842 3.46 0.2584
2014-08-14 2013-06-30 13F/A-1 MEDTRONIC COM 585055106 8,316,278 11,058 0.13 428,039 9.75 0.2659
2014-04-04 2013-03-31 13F/A-1 MEDTRONIC COM 585055106 8,305,220 201,403 390,013 0.2584
2014-05-12 2013-03-31 13F/A-2 MEDTRONIC COM 585055106 8,305,220 201,403 2.49 390,013 11.61 0.2529
2013-11-14 2012-09-30 13F/A-1 MEDTRONIC COM 585055106 8,103,817 -4,158 -0.05 349,436 9.33 0.2355
2013-08-15 2012-06-30 13F/A-1 MEDTRONIC COM 585055106 8,107,975 8,107,975 319,616 0.2564
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.