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 |
Alphabet (Google) Class A
GOOGL
|
$424M |
| 2 |
Ameriprise Financial
AMP
|
$233M |
| 3 |
Verizon
VZ
|
$231M |
| 4 |
Broadcom
AVGO
|
$219M |
| 5 |
UBS Group
UBS
|
$217M |
Top Sells
| 1 |
Comcast
CMCSA
|
$680M |
| 2 |
Prologis
PLD
|
$434M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
$291M |
| 4 |
Macerich
MAC
|
$291M |
| 5 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
$280M |
Sector Composition
| 1 | Financials | 18.2% |
| 2 | Technology | 14.08% |
| 3 | Healthcare | 13.56% |
| 4 | Consumer Discretionary | 9.91% |
| 5 | Communication Services | 9.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Prudential Financial
PRU
$38.6B
| $1.43B | 0.7% | 19,809,443 -680,000 | -3% | -$49.1M |
|
27
Bank of America
BAC
$376B
| $1.42B | 0.7% | 105,160,299 +15,873,865 | +18% | +$215M |
|
28
Walt Disney
DIS
$213B
| $1.36B | 0.67% | 13,739,150 -625,007 | -4% | -$62.1M |
|
29
IBM
IBM
$227B
| $1.34B | 0.66% | 8,863,727 -251,253 | -3% | -$38.1M |
|
30
PepsiCo
PEP
$204B
| $1.3B | 0.64% | 12,723,609 +220,616 | +2% | +$22.6M |
|
31
Cisco
CSCO
$274B
| $1.25B | 0.62% | 44,055,106 -4,357,754 | -9% | -$124M |
|
32
UnitedHealth
UNH
$281B
| $1.19B | 0.58% | 9,193,795 +64,790 | +0.7% | +$8.35M |
|
33
Gilead Sciences
GILD
$140B
| $1.17B | 0.57% | 12,695,972 -232,322 | -2% | -$21.3M |
|
34
Oracle
ORCL
$635B
| $1.12B | 0.55% | 27,258,823 -1,971,107 | -7% | -$80.6M |
|
35
Berkshire Hathaway Class A
BRK.A
$1.09T
| $1.09B | 0.54% | 5,122 -7 | -0.1% | -$1.49M |
|
36
McDonald's
MCD
$224B
| $1.09B | 0.54% | 8,678,107 +166,123 | +2% | +$20.9M |
|
37
Citigroup
C
$178B
| $1.08B | 0.53% | 25,805,387 +281,716 | +1% | +$11.8M |
|
38
Hilton Worldwide
HLT
$64.9B
| $1.06B | 0.52% | 46,894,623 +668,264 | +1% | +$15M |
|
39
Amgen
AMGN
$155B
| $1B | 0.49% | 6,670,493 +72,649 | +1% | +$10.9M |
|
40
3M
MMM
$82.8B
| $988M | 0.49% | 5,929,466 +71,239 | +1% | +$11.9M |
|
|
41
Ameriprise Financial
AMP
$48.5B
| $977M | 0.48% | 10,396,151 +2,476,595 | +31% | +$233M |
|
42
CVS Health
CVS
$92.8B
| $957M | 0.47% | 9,227,275 -543,097 | -6% | -$56.3M |
|
|
43
Berkshire Hathaway Class B
BRK.B
$1.09T
| $905M | 0.45% | 6,381,802 -971,525 | -13% | -$138M |
|
44
Schlumberger
SLB
$55B
| $888M | 0.44% | 12,036,112 -94,876 | -0.8% | -$7M |
|
|
AGN
45
DELISTED
Allergan plc
AGN
| $813M | 0.4% | 3,033,897 +1,697 | +0.1% | +$455K |
|
|
GGP
46
DELISTED
GGP Inc.
GGP
| $811M | 0.4% | 27,285,483 +639,845 | +2% | +$19M |
|
47
Bristol-Myers Squibb
BMY
$96B
| $809M | 0.4% | 12,666,477 -52,541 | -0.4% | -$3.36M |
|
48
AbbVie
ABBV
$372B
| $787M | 0.39% | 13,771,801 -390,019 | -3% | -$22.3M |
|
49
Medtronic
MDT
$119B
| $775M | 0.38% | 10,337,887 -596,369 | -5% | -$44.7M |
|
50
RTX Corp
RTX
$212B
| $768M | 0.38% | 7,673,994 +98,935 | +1% | +$9.9M |
|