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 |
Comcast
CMCSA
|
$876M |
| 2 |
Apple
AAPL
|
$411M |
| 3 |
Meta Platforms (Facebook)
META
|
$362M |
| 4 |
TechnipFMC
FTI
|
$263M |
| 5 |
Enbridge
ENB
|
$224M |
Top Sells
| 1 |
Hilton Worldwide
HLT
|
$1.52B |
| 2 |
Aflac
AFL
|
$545M |
| 3 |
Prudential Financial
PRU
|
$327M |
| 4 |
SE
Spectra Energy Corp Wi
SE
|
$224M |
| 5 |
Blackrock
BLK
|
$168M |
Sector Composition
| 1 | Financials | 18.51% |
| 2 | Technology | 15.26% |
| 3 | Healthcare | 13.45% |
| 4 | Consumer Discretionary | 9.35% |
| 5 | Industrials | 9.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
PepsiCo
PEP
$204B
| $1.6B | 0.66% |
14,340,619
+76,913
| +0.5% | +$8.6M |
|
27
Coca-Cola
KO
$297B
| $1.56B | 0.64% |
36,767,566
+908,150
| +3% | +$38.5M |
|
|
28
Prudential Financial
PRU
$38.6B
| $1.55B | 0.64% |
14,575,915
-3,062,159
| -17% | -$327M |
|
29
Cisco
CSCO
$268B
| $1.55B | 0.63% |
45,745,601
+2,516,102
| +6% | +$85M |
|
30
UnitedHealth
UNH
$280B
| $1.53B | 0.63% |
9,322,484
-238,733
| -2% | -$39.2M |
|
31
IBM
IBM
$227B
| $1.46B | 0.6% |
8,390,406
+156,718
| +2% | +$27.3M |
|
32
Visa
V
$683B
| $1.43B | 0.59% |
16,110,565
-1,010,729
| -6% | -$89.8M |
|
33
Berkshire Hathaway Class A
BRK.A
$1.09T
| $1.43B | 0.59% |
5,723
+317
| +6% | +$79.2M |
|
34
Oracle
ORCL
$633B
| $1.35B | 0.56% |
30,317,518
+1,954,482
| +7% | +$87.2M |
|
35
Amgen
AMGN
$155B
| $1.16B | 0.48% |
7,078,159
+123,009
| +2% | +$20.2M |
|
36
Schlumberger
SLB
$53.6B
| $1.1B | 0.45% |
14,144,078
+101,342
| +0.7% | +$7.91M |
|
37
Ameriprise Financial
AMP
$48.5B
| $1.08B | 0.44% |
8,307,752
-1,222,450
| -13% | -$159M |
|
|
38
Berkshire Hathaway Class B
BRK.B
$1.08T
| $1.04B | 0.43% |
6,220,534
+702,321
| +13% | +$117M |
|
39
McDonald's
MCD
$224B
| $1B | 0.41% |
7,721,469
-168,013
| -2% | -$21.8M |
|
40
3M
MMM
$82.8B
| $999M | 0.41% |
5,222,949
+213,689
| +4% | +$40.9M |
|
41
Medtronic
MDT
$119B
| $974M | 0.4% |
12,089,530
+1,457,440
| +14% | +$117M |
|
|
42
Aflac
AFL
$57.2B
| $968M | 0.4% |
13,372,495
-7,522,220
| -36% | -$545M |
|
43
Mastercard
MA
$538B
| $935M | 0.38% |
8,308,977
+6,633
| +0.1% | +$746K |
|
44
AbbVie
ABBV
$374B
| $933M | 0.38% |
14,321,469
+1,163,008
| +9% | +$75.8M |
|
45
Union Pacific
UNP
$133B
| $926M | 0.38% |
8,740,746
+619,843
| +8% | +$65.7M |
|
46
Gilead Sciences
GILD
$140B
| $903M | 0.37% |
13,298,648
-624,660
| -4% | -$42.4M |
|
47
Qualcomm
QCOM
$171B
| $881M | 0.36% |
15,368,634
+1,218,333
| +9% | +$69.9M |
|
48
Royal Bank of Canada
RY
$205B
| $867M | 0.36% |
11,936,935
+256,461
| +2% | +$18.6M |
|
49
CVS Health
CVS
$92.8B
| $822M | 0.34% |
10,473,433
+330,802
| +3% | +$26M |
|
50
Equinix
EQIX
$76.9B
| $814M | 0.33% |
2,033,572
+64,893
| +3% | +$26M |
|