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 |
RTN
Raytheon Company
RTN
|
$348M |
| 2 |
Citigroup
C
|
$219M |
| 3 |
Travelers Companies
TRV
|
$219M |
| 4 |
Alphabet (Google) Class C
GOOG
|
$214M |
| 5 |
Parker-Hannifin
PH
|
$186M |
Top Sells
| 1 |
Broadcom
AVGO
|
$558M |
| 2 |
LyondellBasell Industries
LYB
|
$499M |
| 3 |
Hilton Worldwide
HLT
|
$327M |
| 4 |
Apple
AAPL
|
$286M |
| 5 |
Visa
V
|
$259M |
Sector Composition
| 1 | Financials | 19.74% |
| 2 | Technology | 14.09% |
| 3 | Healthcare | 13.06% |
| 4 | Industrials | 9.38% |
| 5 | Consumer Discretionary | 9.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Home Depot
HD
$406B
| $1.5B | 0.66% |
11,207,429
+41,886
| +0.4% | +$5.62M |
|
27
PepsiCo
PEP
$203B
| $1.49B | 0.65% |
14,263,706
+552,725
| +4% | +$57.8M |
|
28
Comcast
CMCSA
$125B
| $1.49B | 0.65% |
43,076,088
-4,783,474
| -10% | -$165M |
|
29
Coca-Cola
KO
$297B
| $1.49B | 0.65% |
35,859,416
-394,626
| -1% | -$16.4M |
|
30
Aflac
AFL
$57.1B
| $1.45B | 0.64% |
41,789,430
+4,528,138
| +12% | +$158M |
|
31
IBM
IBM
$227B
| $1.37B | 0.6% |
8,612,438
-45,213
| -0.5% | -$7.17M |
|
|
32
Visa
V
$681B
| $1.34B | 0.58% |
17,121,294
-3,319,718
| -16% | -$259M |
|
33
Berkshire Hathaway Class A
BRK.A
$1.08T
| $1.32B | 0.58% |
5,406
-7
| -0.1% | -$1.71M |
|
34
Cisco
CSCO
$268B
| $1.31B | 0.57% |
43,229,499
-569,443
| -1% | -$17.2M |
|
35
Schlumberger
SLB
$52.2B
| $1.18B | 0.52% |
14,042,736
+224,815
| +2% | +$18.9M |
|
36
Oracle
ORCL
$628B
| $1.09B | 0.48% |
28,363,036
+574,607
| +2% | +$22.1M |
|
37
Ameriprise Financial
AMP
$47.8B
| $1.06B | 0.46% |
9,530,202
-1,582,487
| -14% | -$176M |
|
38
Amgen
AMGN
$153B
| $1.02B | 0.44% |
6,955,150
+138,605
| +2% | +$20.3M |
|
39
Gilead Sciences
GILD
$140B
| $997M | 0.44% |
13,923,308
+137,881
| +1% | +$9.87M |
|
40
McDonald's
MCD
$226B
| $960M | 0.42% |
7,889,482
+94,579
| +1% | +$11.5M |
|
|
41
Hilton Worldwide
HLT
$64.7B
| $948M | 0.41% |
11,622,749
-4,005,853
| -26% | -$327M |
|
42
Qualcomm
QCOM
$170B
| $923M | 0.4% |
14,150,301
+595,194
| +4% | +$38.8M |
|
|
43
Berkshire Hathaway Class B
BRK.B
$1.08T
| $899M | 0.39% |
5,518,213
+163,676
| +3% | +$26.7M |
|
44
3M
MMM
$81B
| $895M | 0.39% |
5,991,075
-755,512
| -11% | -$113M |
|
45
Mastercard
MA
$536B
| $857M | 0.37% |
8,302,344
+93,421
| +1% | +$9.65M |
|
46
Union Pacific
UNP
$132B
| $842M | 0.37% |
8,120,903
-4,918
| -0.1% | -$510K |
|
47
AbbVie
ABBV
$374B
| $824M | 0.36% |
13,158,461
-32,786
| -0.2% | -$2.05M |
|
48
CVS Health
CVS
$93B
| $800M | 0.35% |
10,142,631
-115,840
| -1% | -$9.14M |
|
49
Royal Bank of Canada
RY
$205B
| $791M | 0.35% |
11,680,474
+399,858
| +4% | +$27.1M |
|
50
Bristol-Myers Squibb
BMY
$96.7B
| $770M | 0.34% |
13,181,342
+109,294
| +0.8% | +$6.39M |
|