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
|
$474M |
| 2 |
Deutsche Bank
DB
|
$461M |
| 3 |
Equinix
EQIX
|
$373M |
| 4 |
Charter Communications
CHTR
|
$316M |
| 5 |
Apple
AAPL
|
$218M |
Top Sells
| 1 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
$559M |
| 2 |
Aflac
AFL
|
$501M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$321M |
| 4 |
Aon
AON
|
$270M |
| 5 |
Verizon
VZ
|
$266M |
Sector Composition
| 1 | Financials | 17.36% |
| 2 | Healthcare | 14.14% |
| 3 | Technology | 13.49% |
| 4 | Consumer Discretionary | 9.42% |
| 5 | Communication Services | 8.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Prudential Financial
PRU
$38.6B
| $1.4B | 0.67% |
19,664,329
-145,114
| -0.7% | -$10.4M |
|
27
Walt Disney
DIS
$213B
| $1.4B | 0.67% |
14,337,138
+597,988
| +4% | +$58.5M |
|
28
PepsiCo
PEP
$206B
| $1.38B | 0.65% |
12,994,621
+271,012
| +2% | +$28.7M |
|
29
UnitedHealth
UNH
$280B
| $1.31B | 0.62% |
9,300,504
+106,709
| +1% | +$15.1M |
|
30
Bank of America
BAC
$373B
| $1.27B | 0.6% |
95,659,955
-9,500,344
| -9% | -$126M |
|
31
Cisco
CSCO
$268B
| $1.25B | 0.59% |
43,441,249
-613,857
| -1% | -$17.6M |
|
32
IBM
IBM
$225B
| $1.24B | 0.59% |
8,138,073
-725,654
| -8% | -$110M |
|
33
Citigroup
C
$174B
| $1.21B | 0.57% |
28,481,771
+2,676,384
| +10% | +$113M |
|
34
Berkshire Hathaway Class A
BRK.A
$1.09T
| $1.14B | 0.54% |
5,246
+124
| +2% | +$26.9M |
|
35
Gilead Sciences
GILD
$140B
| $1.13B | 0.54% |
13,591,250
+895,278
| +7% | +$74.7M |
|
36
Oracle
ORCL
$633B
| $1.12B | 0.53% |
27,388,371
+129,548
| +0.5% | +$5.3M |
|
37
Hilton Worldwide
HLT
$64.9B
| $1.06B | 0.5% |
46,885,805
-8,818
| -0% | -$199K |
|
38
Amgen
AMGN
$155B
| $1.03B | 0.49% |
6,772,968
+102,475
| +2% | +$15.6M |
|
39
Schlumberger
SLB
$53.6B
| $1.02B | 0.49% |
12,959,973
+923,861
| +8% | +$73.1M |
|
40
3M
MMM
$82.8B
| $1B | 0.48% |
5,725,959
-203,507
| -3% | -$35.6M |
|
41
Ameriprise Financial
AMP
$48.5B
| $999M | 0.47% |
11,119,379
+723,228
| +7% | +$65M |
|
42
Medtronic
MDT
$120B
| $962M | 0.46% |
11,092,475
+754,588
| +7% | +$65.5M |
|
43
McDonald's
MCD
$225B
| $941M | 0.45% |
7,823,282
-854,825
| -10% | -$103M |
|
44
Bristol-Myers Squibb
BMY
$96.5B
| $927M | 0.44% |
12,605,780
-60,697
| -0.5% | -$4.46M |
|
45
CVS Health
CVS
$94B
| $847M | 0.4% |
8,848,237
-379,038
| -4% | -$36.3M |
|
46
AbbVie
ABBV
$374B
| $837M | 0.4% |
13,525,618
-246,183
| -2% | -$15.2M |
|
|
GGP
47
DELISTED
GGP Inc.
GGP
| $809M | 0.38% |
27,123,784
-161,699
| -0.6% | -$4.82M |
|
|
48
Berkshire Hathaway Class B
BRK.B
$1.08T
| $806M | 0.38% |
5,566,087
-815,715
| -13% | -$118M |
|
49
NextEra Energy, Inc.
NEE
$150B
| $799M | 0.38% |
6,125,801
-104,375
| -2% | -$13.6M |
|
|
50
Equinix
EQIX
$76.9B
| $778M | 0.37% |
2,005,987
+961,881
| +92% | +$373M |
|