ICU Medical, Inc.
US ˙ NasdaqGS ˙ US44930G1076

SecurityICUI / ICU Medical, Inc.
InstitutionNorges Bank
Latest Disclosed Ownership407,115 shares
Latest Disclosed Value $ 58,083,097
Norges Bank ownership in ICUI / ICU Medical, Inc.

On February 10, 2026 - Norges Bank filed a 13F-HR form disclosing ownership of 407,115 shares of ICU Medical, Inc. (US:ICUI) valued at $58,083,097 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 13, 2025 disclosing 0 shares of ICU Medical, Inc.. The current value of the position is $55,615,980 USD.

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.

Upgrade to unlock premium data and export to Excel .

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 ICU MED COM 44930G107 407,115 407,115 58,083 0.0062
2025-11-13 2025-09-30 13F ICU MED COM 44930G107 0 -277,210 -100.00 0 -100.00
2025-08-13 2025-06-30 13F ICU MED COM 44930G107 277,210 64,731 30.46 36,633 24.16 0.0046
2026-05-11 2025-03-31 13F/A-1 ICU MED COM 44930G107 212,479 -46,279 -17.89 29,505 -26.52 0.0041
2025-02-12 2024-12-31 13F ICU MED COM 44930G107 258,758 9,900 3.98 40,151 -11.46 0.0053
2025-11-12 2024-09-30 13F/A-1 ICU MED COM 44930G107 248,858 44,270 21.64 45,347 86.66 0.0063
2024-08-14 2024-06-30 13F ICU MED COM 44930G107 204,588 -33,408 -14.04 24,295 -4.88 0.0036
2025-05-14 2024-03-31 13F/A-1 ICU MED COM 44930G107 237,996 30,766 14.85 25,542 23.57 0.0040
2024-02-09 2023-12-31 13F ICU MED COM 44930G107 207,230 66,278 47.02 20,669 23.22 0.0036
2024-11-13 2023-09-30 13F/A-1 ICU MED COM 44930G107 140,952 -49,329 -25.92 16,775 -50.53 0.0034
2024-08-14 2023-06-30 13F/A-1 ICU MED COM 44930G107 190,281 53,651 39.27 33,906 50.44 0.0067
2024-05-15 2023-03-31 13F/A-1 ICU MED COM 44930G107 136,630 7,941 6.17 22,538 11.22 0.0049
2023-02-14 2022-12-31 13F ICU MED COM 44930G107 128,689 19,245 17.58 20,266 22.95 0.0049
2023-11-13 2022-09-30 13F/A-1 ICU MED COM 44930G107 109,444 -84,381 -43.53 16,482 -48.27 0.0044
2023-08-14 2022-06-30 13F/A-1 ICU MED COM 44930G107 193,825 -27,752 -12.52 31,863 -35.41 0.0082
2023-05-12 2022-03-31 13F/A-1 ICU MED COM 44930G107 221,577 2,371 1.08 49,332 -5.18 0.0108
2022-03-09 2021-12-31 13F/A-1 ICU MED COM 44930G107 219,206 19,223 9.61 52,026 11.47 0.0107
2022-11-14 2021-09-30 13F/A-1 ICU MED COM 44930G107 199,983 37,444 23.04 46,672 39.52 0.0103
2022-08-15 2021-06-30 13F/A-1 ICU MED COM 44930G107 162,539 -8,932 -5.21 33,451 -5.04 0.0073
2022-05-09 2021-03-31 13F/A-1 ICU MED COM 44930G107 171,471 -13,420 -7.26 35,227 -11.17 0.0081
2021-03-02 2020-12-31 13F/A-1 ICU MED COM 44930G107 184,891 1,457 0.79 39,657 18.29 0.0093
2021-11-12 2020-09-30 13F/A-1 ICU MED COM 44930G107 183,434 1,836 1.01 33,524 0.16 0.0089
2021-08-13 2020-06-30 13F/A-1 ICU MED COM 44930G107 181,598 -7,882 -4.16 33,470 -12.45 0.0096
2021-05-07 2020-03-31 13F/A-1 ICU MED COM 44930G107 189,480 -10,400 -5.20 38,231 2.22 0.0136
2020-03-03 2019-12-31 13F/A-1 ICU MED COM 44930G107 199,880 -1,883 -0.93 37,402 16.15 0.0104
2020-11-13 2019-09-30 13F/A-1 ICU MEDICAL COM 44930G107 201,763 0 0.00 32,201 -36.64 0.0099
2020-08-13 2019-06-30 13F/A-1 ICU MEDICAL COM 44930G107 201,763 20,711 11.44 50,826 17.30 0.0157
2020-05-11 2019-03-31 13F/A-2 ICU MEDICAL COM 44930G107 181,052 0 0.00 43,331 4.22 0.0140
2019-03-04 2018-12-31 13F/A-1 ICU MEDICAL COM 44930G107 181,052 0 0.00 41,575 -18.79 0.0155
2019-12-02 2018-09-30 13F/A-3 ICU MEDICAL COM 44930G107 181,052 11,000 6.47 51,192 2.52 0.0166
2019-12-02 2018-09-30 13F/A-2 ICU MEDICAL COM 44930G107 181,052 11,000 51,192 0.0166
2019-11-12 2018-09-30 13F/A-1 ICU MEDICAL COM 44930G107 181,052 11,000 51,192 0.0166
2019-08-12 2018-06-30 13F/A-1 ICU MEDICAL COM 44930G107 170,052 -10,606 -5.87 49,936 9.51 0.0171
2019-05-15 2018-03-31 13F/A-2 ICU MEDICAL COM 44930G107 180,658 -13,300 -6.86 45,599 8.84 0.0165
2018-03-05 2017-12-31 13F/A-1 ICU MEDICAL COM 44930G107 193,958 33,068 20.55 41,895 40.11 0.0150
2018-11-13 2017-09-30 13F/A-1 ICU MEDICAL COM 44930G107 160,890 43,781 37.38 29,901 48.02 0.0113
2018-07-24 2017-06-30 13F/A-1 ICU MEDICAL COM 44930G107 117,109 -21,161 -15.30 20,201 -4.32 0.0080
2018-05-11 2017-03-31 13F/A-1 ICU MEDICAL COM 44930G107 138,270 15,250 12.40 21,114 16.48 0.0087
2017-03-02 2016-12-31 13F/A-1 ICU MEDICAL COM 44930G107 123,020 22,519 22.41 18,127 49.43 0.0079
2017-11-13 2016-09-30 13F/A-1 ICU MEDICAL COM 44930G107 100,501 -8,386 -7.70 12,131 -1.19 0.0057
2017-08-09 2016-06-30 13F/A-1 ICU MEDICAL COM 44930G107 108,887 -16,230 -12.97 12,277 -5.74 0.0058
2017-05-10 2016-03-31 13F/A-1 ICU MEDICAL COM 44930G107 125,117 11,000 9.64 13,025 1.20 0.0064
2016-04-18 2015-12-31 13F/A-2 ICU MEDICAL COM 44930G107 114,117 0 0.00 12,870 2.99 0.0064
2016-03-16 2015-12-31 13F/A-1 ICU MEDICAL COM 44930G107 114,117 0 12,870 0.0065
2016-11-14 2015-09-30 13F/A-2 ICU MEDICAL COM 44930G107 114,117 0 0.00 12,496 14.47 0.0065
2016-08-12 2015-06-30 13F/A-1 ICU MEDICAL COM 44930G107 114,117 -54,866 -32.47 10,916 -30.64 0.0055
2016-05-13 2015-03-31 13F/A-1 ICU MEDICAL COM 44930G107 168,983 -24,000 -12.44 15,739 -0.42 0.0077
2015-03-19 2014-12-31 13F/A-1 ICU MEDICAL COM 44930G107 192,983 84,728 15,805 0.0081
2016-04-18 2014-12-31 13F/A-2 ICU MEDICAL COM 44930G107 192,983 84,728 78.27 15,805 127.48 0.0080
2015-11-12 2014-09-30 13F/A-1 ICU MEDICAL COM 44930G107 108,255 8,524 8.55 6,948 14.56 0.0038
2015-08-10 2014-06-30 13F/A-1 ICU MEDICAL COM 44930G107 99,731 0 0.00 6,065 1.56 0.0033
2015-05-12 2014-03-31 13F/A-1 ICU MEDICAL COM 44930G107 99,731 0 0.00 5,972 -6.01 0.0034
2014-03-07 2013-12-31 13F/A-1 ICU MEDICAL COM 44930G107 99,731 0 6,354 0.0039
2014-03-20 2013-12-31 13F/A-2 ICU MEDICAL COM 44930G107 99,731 0 6,354 0.0037
2014-05-12 2013-12-31 13F/A-3 ICU MEDICAL COM 44930G107 99,731 0 0.00 6,354 -6.21 0.0037
2014-11-14 2013-09-30 13F/A-1 ICU MEDICAL COM 44930G107 99,731 41,461 71.15 6,775 61.35 0.0040
2014-08-14 2013-06-30 13F/A-1 ICU MEDICAL COM 44930G107 58,270 13,935 31.43 4,199 60.64 0.0026
2014-04-04 2013-03-31 13F/A-1 ICU MEDICAL COM 44930G107 44,335 0 2,614 0.0017
2014-05-12 2013-03-31 13F/A-2 ICU MEDICAL COM 44930G107 44,335 0 0.00 2,614 -2.54 0.0017
2013-11-14 2012-09-30 13F/A-1 ICU MEDICAL COM 44930G107 44,335 0 0.00 2,682 13.45 0.0018
2013-08-15 2012-06-30 13F/A-1 ICU MEDICAL COM 44930G107 44,335 44,335 2,364 0.0019
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.