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 |
DuPont de Nemours
DD
|
$803M |
| 2 |
Lear
LEA
|
$194M |
| 3 |
Vornado Realty Trust
VNO
|
$185M |
| 4 |
Alibaba
BABA
|
$180M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$172M |
Top Sells
| 1 |
DD
Du Pont De Nemours E I
DD
|
$712M |
| 2 |
Blackrock
BLK
|
$449M |
| 3 |
Ameriprise Financial
AMP
|
$291M |
| 4 |
BHI
Baker Hughes
BHI
|
$220M |
| 5 |
Chemours
CC
|
$210M |
Sector Composition
| 1 | Financials | 18.77% |
| 2 | Technology | 15.65% |
| 3 | Healthcare | 13.61% |
| 4 | Consumer Discretionary | 9.6% |
| 5 | Industrials | 9.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Intel
INTC
$107B
| $1.73B | 0.66% | 45,546,770 | – | – |
|
27
Verizon
VZ
$186B
| $1.71B | 0.65% | 34,635,341 +1,554,635 | +5% | +$76.9M |
|
28
Coca-Cola
KO
$297B
| $1.65B | 0.63% | 36,678,879 +616,339 | +2% | +$27.7M |
|
29
Oracle
ORCL
$635B
| $1.59B | 0.6% | 32,822,409 +941,700 | +3% | +$45.5M |
|
30
Cisco
CSCO
$274B
| $1.53B | 0.58% | 45,464,145 -400,000 | -0.9% | -$13.5M |
|
31
PepsiCo
PEP
$204B
| $1.48B | 0.56% | 13,307,749 -73,997 | -0.6% | -$8.25M |
|
32
Walt Disney
DIS
$213B
| $1.43B | 0.54% | 14,465,737 -34,563 | -0.2% | -$3.41M |
|
33
Amgen
AMGN
$155B
| $1.32B | 0.5% | 7,078,159 | – | – |
|
|
34
DuPont de Nemours
DD
$32.2B
| $1.24B | 0.47% | 17,968,975 +11,592,177 | +182% | +$803M |
|
35
Mastercard
MA
$538B
| $1.24B | 0.47% | 8,755,921 +244,747 | +3% | +$34.6M |
|
36
McDonald's
MCD
$224B
| $1.23B | 0.47% | 7,820,066 | – | – |
|
37
AbbVie
ABBV
$372B
| $1.22B | 0.46% | 13,708,053 -210,115 | -2% | -$18.7M |
|
38
IBM
IBM
$227B
| $1.18B | 0.45% | 8,166,608 -129,980 | -2% | -$18.9M |
|
39
Berkshire Hathaway Class B
BRK.B
$1.09T
| $1.18B | 0.45% | 6,455,085 -265,678 | -4% | -$48.7M |
|
40
Royal Bank of Canada
RY
$205B
| $1.06B | 0.4% | 13,717,465 +615,766 | +5% | +$47.5M |
|
41
3M
MMM
$82.8B
| $1.05B | 0.4% | 5,023,535 -111,309 | -2% | -$23.4M |
|
|
42
Ameriprise Financial
AMP
$48.5B
| $1.04B | 0.39% | 6,994,185 -1,957,320 | -22% | -$291M |
|
43
Abbott
ABT
$231B
| $1.02B | 0.39% | 19,081,206 -64,452 | -0.3% | -$3.44M |
|
44
Gilead Sciences
GILD
$140B
| $1.02B | 0.39% | 12,539,377 +163,079 | +1% | +$13.2M |
|
|
CELG
45
DELISTED
Celgene Corp
CELG
| $992M | 0.38% | 6,800,442 | – | – |
|
46
Schlumberger
SLB
$55B
| $973M | 0.37% | 13,942,361 +477,757 | +4% | +$33.3M |
|
47
Union Pacific
UNP
$133B
| $970M | 0.37% | 8,367,398 +153,749 | +2% | +$17.8M |
|
48
Toronto Dominion Bank
TD
$128B
| $961M | 0.36% | 17,109,533 +573,083 | +3% | +$32.2M |
|
49
NextEra Energy, Inc.
NEE
$148B
| $953M | 0.36% | 6,501,633 -82,054 | -1% | -$12M |
|
50
Bristol-Myers Squibb
BMY
$96B
| $947M | 0.36% | 14,854,823 | – | – |
|