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 |
Alcoa
AA
|
$128M |
| 2 |
WFT
Weatherford International plc
WFT
|
$124M |
| 3 |
Metallus
MTUS
|
$92.8M |
| 4 |
SWN
Southwestern Energy Company
SWN
|
$87.1M |
| 5 |
Liberty Media Series C
FWONK
|
$75.4M |
Top Sells
| 1 |
Apple
AAPL
|
$4.51B |
| 2 |
Blackrock
BLK
|
$3.87B |
| 3 |
Exxon Mobil
XOM
|
$2.99B |
| 4 |
Microsoft
MSFT
|
$2.9B |
| 5 |
Alphabet (Google) Class C
GOOG
|
$2.23B |
Sector Composition
| 1 | Financials | 18.12% |
| 2 | Technology | 13.88% |
| 3 | Healthcare | 12.74% |
| 4 | Energy | 9.57% |
| 5 | Industrials | 9.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Berkshire Hathaway Class A
BRK.A
$1.09T
| $1.14B | 0.62% | 5,521 -5,515 | -50% | -$1.14B |
|
27
Citigroup
C
$178B
| $1.13B | 0.61% | 21,861,312 -21,722,012 | -50% | -$1.13B |
|
28
PepsiCo
PEP
$204B
| $1.08B | 0.59% | 11,646,978 -11,646,978 | -50% | -$1.08B |
|
29
Meta Platforms (Facebook)
META
$1.86T
| $1.07B | 0.58% | 13,552,508 -12,616,418 | -48% | -$997M |
|
30
Cisco
CSCO
$274B
| $1.06B | 0.57% | 41,989,767 -40,329,563 | -49% | -$1.02B |
|
31
Schlumberger
SLB
$55B
| $992M | 0.54% | 9,754,456 -10,231,370 | -51% | -$1.04B |
|
32
Home Depot
HD
$405B
| $960M | 0.52% | 10,458,987 -10,620,523 | -50% | -$974M |
|
33
Qualcomm
QCOM
$173B
| $936M | 0.51% | 12,512,806 -11,999,192 | -49% | -$897M |
|
34
Prudential Financial
PRU
$38.6B
| $901M | 0.49% | 10,246,073 -13,555,641 | -57% | -$1.19B |
|
35
Visa
V
$683B
| $859M | 0.47% | 4,027,190 -3,794,696 | -49% | -$810M |
|
36
ConocoPhillips
COP
$124B
| $859M | 0.47% | 11,222,792 -9,842,544 | -47% | -$753M |
|
37
Royal Bank of Canada
RY
$205B
| $850M | 0.46% | 11,868,428 -11,681,996 | -50% | -$837M |
|
38
Toronto Dominion Bank
TD
$128B
| $827M | 0.45% | 16,718,936 -16,731,046 | -50% | -$827M |
|
39
Mastercard
MA
$538B
| $823M | 0.45% | 11,137,943 -8,430,277 | -43% | -$623M |
|
40
Union Pacific
UNP
$133B
| $819M | 0.44% | 7,553,426 -7,614,458 | -50% | -$826M |
|
41
Amazon
AMZN
$2.44T
| $815M | 0.44% | 2,526,203 -2,526,203 | -50% | -$815M |
|
42
Amgen
AMGN
$155B
| $799M | 0.43% | 5,687,992 -5,687,992 | -50% | -$799M |
|
43
CVS Health
CVS
$92.8B
| $780M | 0.42% | 9,805,166 -9,470,170 | -49% | -$754M |
|
44
RTX Corp
RTX
$212B
| $761M | 0.41% | 7,203,667 -6,454,841 | -47% | -$682M |
|
45
McDonald's
MCD
$224B
| $717M | 0.39% | 7,559,941 -7,559,941 | -50% | -$717M |
|
46
UnitedHealth
UNH
$281B
| $694M | 0.38% | 8,043,934 -8,043,934 | -50% | -$694M |
|
47
American Express
AXP
$231B
| $692M | 0.37% | 7,905,286 -7,755,006 | -50% | -$679M |
|
48
AbbVie
ABBV
$372B
| $688M | 0.37% | 11,907,877 -11,415,099 | -49% | -$659M |
|
49
Hilton Worldwide
HLT
$64.9B
| $685M | 0.37% | 27,799,224 -28,334,554 | -50% | -$698M |
|
|
VIAB
50
DELISTED
Viacom Inc. Class B
VIAB
| $670M | 0.36% | 8,714,152 -8,772,492 | -50% | -$675M |
|