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 |
UBS Group
UBS
|
$2.14B |
| 2 |
AGN
Allergan plc
AGN
|
$890M |
| 3 |
Medtronic
MDT
|
$783M |
| 4 |
Ameriprise Financial
AMP
|
$548M |
| 5 |
Kraft Heinz
KHC
|
$318M |
Top Sells
| 1 |
DTV
DIRECTV COM STK (DE)
DTV
|
$372M |
| 2 |
CMCSK
COMCAST CORP SPL A (NEW)
CMCSK
|
$240M |
| 3 |
Chubb
CB
|
$199M |
| 4 |
PLL
PALL CORP
PLL
|
$149M |
| 5 |
Intercontinental Exchange
ICE
|
$120M |
Sector Composition
| 1 | Financials | 19.09% |
| 2 | Healthcare | 14.17% |
| 3 | Technology | 13.59% |
| 4 | Consumer Discretionary | 9.72% |
| 5 | Industrials | 8.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
IBM
IBM
$227B
| $1.3B | 0.68% | 8,981,029 +401,549 | +5% | +$58.2M |
|
27
Oracle
ORCL
$635B
| $1.3B | 0.68% | 35,967,323 +232,168 | +0.6% | +$8.39M |
|
28
Home Depot
HD
$405B
| $1.28B | 0.67% | 11,102,056 +249,727 | +2% | +$28.8M |
|
29
Gilead Sciences
GILD
$140B
| $1.23B | 0.64% | 12,491,906 +599,337 | +5% | +$58.8M |
|
30
Cisco
CSCO
$274B
| $1.22B | 0.64% | 46,558,332 +154,202 | +0.3% | +$4.05M |
|
31
Visa
V
$683B
| $1.21B | 0.63% | 17,387,216 +335,279 | +2% | +$23.4M |
|
32
Citigroup
C
$178B
| $1.17B | 0.61% | 23,534,558 -1,268,842 | -5% | -$62.9M |
|
33
PepsiCo
PEP
$204B
| $1.17B | 0.61% | 12,369,823 +164,675 | +1% | +$15.5M |
|
34
Mastercard
MA
$538B
| $1.07B | 0.56% | 11,897,538 +333,670 | +3% | +$30.1M |
|
35
UnitedHealth
UNH
$281B
| $1.03B | 0.54% | 8,861,511 +186,083 | +2% | +$21.6M |
|
36
Berkshire Hathaway Class B
BRK.B
$1.09T
| $1.02B | 0.54% | 7,840,965 +890,791 | +13% | +$116M |
|
37
Hilton Worldwide
HLT
$64.9B
| $1.02B | 0.53% | 44,259,128 -80,386 | -0.2% | -$1.84M |
|
|
38
Berkshire Hathaway Class A
BRK.A
$1.09T
| $985M | 0.52% | 5,043 -307 | -6% | -$59.9M |
|
39
CVS Health
CVS
$92.8B
| $938M | 0.49% | 9,717,557 -618,541 | -6% | -$59.7M |
|
40
Amgen
AMGN
$155B
| $896M | 0.47% | 6,475,619 +348,528 | +6% | +$48.2M |
|
|
AGN
41
DELISTED
Allergan plc
AGN
| $890M | 0.47% | +3,274,552 | New | +$890M |
|
42
McDonald's
MCD
$224B
| $811M | 0.42% | 8,227,727 +90,816 | +1% | +$8.95M |
|
43
Eli Lilly
LLY
$657B
| $792M | 0.42% | 9,463,278 +841,944 | +10% | +$70.5M |
|
44
3M
MMM
$82.8B
| $789M | 0.41% | 5,567,292 +252,324 | +5% | +$35.8M |
|
|
TFCFA
45
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $788M | 0.41% | 29,202,320 +225,982 | +0.8% | +$6.1M |
|
|
46
Medtronic
MDT
$119B
| $783M | 0.41% | +11,701,696 | New | +$783M |
|
47
Schlumberger
SLB
$55B
| $765M | 0.4% | 11,093,213 +22,654 | +0.2% | +$1.56M |
|
|
48
Ameriprise Financial
AMP
$48.5B
| $762M | 0.4% | 6,984,056 +5,018,046 | +255% | +$548M |
|
49
AbbVie
ABBV
$372B
| $761M | 0.4% | 13,993,576 +275,399 | +2% | +$15M |
|
50
Qualcomm
QCOM
$173B
| $740M | 0.39% | 13,770,428 +134,328 | +1% | +$7.22M |
|