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 |
Verizon
VZ
|
$1.19B |
| 2 |
Mastercard
MA
|
$726M |
| 3 |
Toronto Dominion Bank
TD
|
$384M |
| 4 |
Liberty Global Class C
LBTYK
|
$265M |
| 5 |
Pentair
PNR
|
$228M |
Top Sells
| 1 |
BEAM
BEAM INC COM STK (DE)
BEAM
|
$165M |
| 2 |
Republic Services
RSG
|
$102M |
| 3 |
Schlumberger
SLB
|
$102M |
| 4 |
Telus
TU
|
$99.7M |
| 5 |
Visa
V
|
$95.7M |
Sector Composition
| 1 | Financials | 19.36% |
| 2 | Technology | 13.23% |
| 3 | Healthcare | 12.11% |
| 4 | Industrials | 9.97% |
| 5 | Energy | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
Schlumberger
SLB
$52.5B
| $981M | 0.55% |
10,066,647
-1,048,439
| -9% | -$102M |
|
27
PepsiCo
PEP
$202B
| $973M | 0.55% |
11,646,978
| – | – |
|
28
Intel
INTC
$105B
| $966M | 0.55% |
37,445,031
+1,423,185
| +4% | +$36.7M |
|
29
Qualcomm
QCOM
$169B
| $962M | 0.54% |
12,205,057
| – | – |
|
30
Prudential Financial
PRU
$37.5B
| $941M | 0.53% |
11,118,650
-457,436
| -4% | -$38.7M |
|
31
Cisco
CSCO
$267B
| $924M | 0.52% |
41,229,287
+2,431,396
| +6% | +$54.5M |
|
|
S
32
DELISTED
Sprint Corporation
S
| $922M | 0.52% |
100,349,783
+238,226
| +0.2% | +$2.19M |
|
|
33
Visa
V
$676B
| $884M | 0.5% |
4,093,614
-443,120
| -10% | -$95.7M |
|
34
Amazon
AMZN
$2.41T
| $874M | 0.49% |
2,597,676
| – | – |
|
35
Home Depot
HD
$405B
| $855M | 0.48% |
10,803,266
-12,114
| -0.1% | -$959K |
|
36
Deutsche Bank
DB
$66.9B
| $855M | 0.48% |
19,097,095
-378,397
| -2% | -$16.9M |
|
37
RTX Corp
RTX
$211B
| $798M | 0.45% |
6,829,254
| – | – |
|
|
38
Mastercard
MA
$534B
| $791M | 0.45% |
10,594,609
+9,719,462
| +1,111% | +$726M |
|
|
39
Toronto Dominion Bank
TD
$128B
| $785M | 0.44% |
16,724,991
+8,168,837
| +95% | +$384M |
|
40
Meta Platforms (Facebook)
META
$1.85T
| $779M | 0.44% |
12,933,559
+584,167
| +5% | +$35.2M |
|
41
Royal Bank of Canada
RY
$205B
| $770M | 0.43% |
11,659,230
+354,901
| +3% | +$23.4M |
|
42
McDonald's
MCD
$225B
| $741M | 0.42% |
7,559,941
| – | – |
|
43
Gilead Sciences
GILD
$140B
| $739M | 0.42% |
10,426,694
-424,518
| -4% | -$30.1M |
|
44
CVS Health
CVS
$93.1B
| $734M | 0.41% |
9,802,757
+425,149
| +5% | +$31.8M |
|
45
Union Pacific
UNP
$130B
| $721M | 0.41% |
3,840,156
-302,100
| -7% | -$56.7M |
|
46
Amgen
AMGN
$153B
| $702M | 0.4% |
5,687,992
| – | – |
|
|
VIAB
47
DELISTED
Viacom Inc. Class B
VIAB
| $701M | 0.4% |
8,248,890
| – | – |
|
48
Eaton
ETN
$133B
| $690M | 0.39% |
9,186,471
-109,758
| -1% | -$8.25M |
|
49
UnitedHealth
UNH
$277B
| $660M | 0.37% |
8,043,934
-107,020
| -1% | -$8.77M |
|
50
3M
MMM
$80.7B
| $646M | 0.36% |
4,761,775
-188,954
| -4% | -$25.6M |
|