Norges Bank Portfolio holdings
Norges Bank, established in 1816 and headquartered in Oslo, Norway, serves as the central bank of Norway, responsible for monetary policy, issuing the Norwegian krone, and maintaining financial stability. Beyond its traditional central banking role, it oversees the management of the Government Pension Fund Global (often called the Norwegian Oil Fund), one of the world’s largest sovereign wealth funds, valued at over $1 trillion, which invests Norway’s oil and gas revenues in global equities, bonds, and real estate. The fund’s investment arm, Norges Bank Investment Management (NBIM), operates independently to ensure long-term wealth preservation for future generations, emphasizing sustainable and ethical investing practices. With its dual role, Norges Bank uniquely blends central banking duties with stewardship of a massive global investment portfolio.
Top Buys
| 1 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
$651M |
| 2 |
S
Sprint Corporation
S
|
$627M |
| 3 |
Pfizer
PFE
|
$224M |
| 4 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
$170M |
| 5 |
JPMorgan Chase
JPM
|
$141M |
Top Sells
| 1 |
NWSA
NEWS CORPORATION CL-A
NWSA
|
$631M |
| 2 |
FON
SPRINT CORP FON COM
FON
|
$365M |
| 3 |
Zoetis
ZTS
|
$280M |
| 4 |
American Express
AXP
|
$207M |
| 5 |
Ameriprise Financial
AMP
|
$156M |
Sector Composition
| 1 | Financials | 19.79% |
| 2 | Technology | 13.01% |
| 3 | Healthcare | 11.62% |
| 4 | Energy | 9.84% |
| 5 | Industrials | 9.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Cisco
CSCO
$274B
| $1.06B | 0.62% | 45,396,606 +1,557,950 | +4% | +$36.5M |
|
27
Deutsche Bank
DB
$67.7B
| $1.05B | 0.61% | 22,821,587 -816,849 | -3% | -$37.5M |
|
28
PepsiCo
PEP
$204B
| $1.01B | 0.59% | 12,643,843 | – | – |
|
29
Intel
INTC
$107B
| $960M | 0.56% | 41,885,754 +904,459 | +2% | +$20.7M |
|
30
Prudential Financial
PRU
$38.6B
| $947M | 0.55% | 12,137,956 +156,460 | +1% | +$12.2M |
|
31
Home Depot
HD
$405B
| $920M | 0.54% | 12,133,949 -1,481,170 | -11% | -$112M |
|
32
Verizon
VZ
$186B
| $917M | 0.54% | 19,661,178 -849,252 | -4% | -$39.6M |
|
33
Qualcomm
QCOM
$173B
| $886M | 0.52% | 13,152,786 +82,088 | +0.6% | +$5.53M |
|
34
Visa
V
$683B
| $872M | 0.51% | 4,561,002 -117,495 | -3% | -$22.5M |
|
35
RTX Corp
RTX
$212B
| $827M | 0.48% | 7,672,921 +100,000 | +1% | +$10.8M |
|
36
Amazon
AMZN
$2.44T
| $820M | 0.48% | 2,621,497 -64,845 | -2% | -$20.3M |
|
37
McDonald's
MCD
$224B
| $790M | 0.46% | 8,207,997 | – | – |
|
|
VIAB
38
DELISTED
Viacom Inc. Class B
VIAB
| $757M | 0.44% | 9,052,585 +667,731 | +8% | +$55.8M |
|
39
Toronto Dominion Bank
TD
$128B
| $750M | 0.44% | 8,312,354 +1,106,082 | +15% | +$99.8M |
|
40
Royal Bank of Canada
RY
$205B
| $727M | 0.42% | 11,323,312 -47,806 | -0.4% | -$3.07M |
|
41
Gilead Sciences
GILD
$140B
| $706M | 0.41% | 11,235,171 -582,434 | -5% | -$36.6M |
|
42
Amgen
AMGN
$155B
| $693M | 0.4% | 6,187,707 -55,668 | -0.9% | -$6.23M |
|
43
Union Pacific
UNP
$133B
| $656M | 0.38% | 4,222,376 -54,908 | -1% | -$8.53M |
|
44
Aon
AON
$79.1B
| $652M | 0.38% | 8,759,836 -1,611,228 | -16% | -$120M |
|
45
Eaton
ETN
$136B
| $652M | 0.38% | 9,469,493 -681,660 | -7% | -$46.9M |
|
|
TFCFA
46
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $651M | 0.38% | +19,434,825 | New | +$651M |
|
47
3M
MMM
$82.8B
| $646M | 0.38% | 5,414,040 | – | – |
|
48
Meta Platforms (Facebook)
META
$1.86T
| $646M | 0.38% | 12,852,023 | – | – |
|
|
S
49
DELISTED
Sprint Corporation
S
| $627M | 0.37% | +100,920,567 | New | +$627M |
|
50
CVS Health
CVS
$92.8B
| $622M | 0.36% | 10,959,555 -33,400 | -0.3% | -$1.9M |
|