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 |
Alibaba
BABA
|
$468M |
| 2 |
Boston Properties
BXP
|
$381M |
| 3 |
Verizon
VZ
|
$324M |
| 4 |
Vornado Realty Trust
VNO
|
$289M |
| 5 |
Intuitive Surgical
ISRG
|
$233M |
Top Sells
| 1 |
Blackrock
BLK
|
$612M |
| 2 |
Nucor
NUE
|
$315M |
| 3 |
Ameriprise Financial
AMP
|
$314M |
| 4 |
Aflac
AFL
|
$220M |
| 5 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
$215M |
Sector Composition
| 1 | Financials | 18.89% |
| 2 | Technology | 16.08% |
| 3 | Healthcare | 12.94% |
| 4 | Consumer Discretionary | 10.19% |
| 5 | Communication Services | 9.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Coca-Cola
KO
$297B
| $1.68B | 0.6% | 36,693,607 +14,728 | +0% | +$676K |
|
27
PepsiCo
PEP
$204B
| $1.61B | 0.58% | 13,425,752 +118,003 | +0.9% | +$14.2M |
|
28
Merck
MRK
$210B
| $1.6B | 0.57% | 28,383,468 +112,279 | +0.4% | +$6.32M |
|
29
Walt Disney
DIS
$213B
| $1.58B | 0.57% | 14,698,364 +232,627 | +2% | +$25M |
|
30
Oracle
ORCL
$635B
| $1.51B | 0.54% | 31,900,919 -921,490 | -3% | -$43.6M |
|
31
Berkshire Hathaway Class B
BRK.B
$1.09T
| $1.46B | 0.52% | 7,350,553 +895,468 | +14% | +$177M |
|
|
32
Blackrock
BLK
$175B
| $1.43B | 0.51% | 2,786,667 -1,191,295 | -30% | -$612M |
|
33
Mastercard
MA
$538B
| $1.38B | 0.5% | 9,133,533 +377,612 | +4% | +$57.2M |
|
34
GE Aerospace
GE
$292B
| $1.35B | 0.48% | 77,222,914 -1,416,751 | -2% | -$24.7M |
|
35
AbbVie
ABBV
$372B
| $1.33B | 0.48% | 13,729,223 +21,170 | +0.2% | +$2.05M |
|
36
DuPont de Nemours
DD
$32.2B
| $1.32B | 0.47% | 18,548,541 +579,566 | +3% | +$41.3M |
|
37
McDonald's
MCD
$224B
| $1.32B | 0.47% | 7,671,673 -148,393 | -2% | -$25.5M |
|
38
IBM
IBM
$227B
| $1.3B | 0.46% | 8,448,213 +281,605 | +3% | +$43.2M |
|
39
Amgen
AMGN
$155B
| $1.23B | 0.44% | 7,078,159 | – | – |
|
40
3M
MMM
$82.8B
| $1.18B | 0.42% | 5,023,535 | – | – |
|
41
Royal Bank of Canada
RY
$205B
| $1.14B | 0.41% | 13,889,886 +172,421 | +1% | +$14.1M |
|
42
Union Pacific
UNP
$133B
| $1.12B | 0.4% | 8,328,690 -38,708 | -0.5% | -$5.19M |
|
43
Abbott
ABT
$231B
| $1.06B | 0.38% | 18,518,132 -563,074 | -3% | -$32.1M |
|
44
Toronto Dominion Bank
TD
$128B
| $1.03B | 0.37% | 17,495,536 +386,003 | +2% | +$22.7M |
|
45
Texas Instruments
TXN
$184B
| $994M | 0.36% | 9,520,434 +25,190 | +0.3% | +$2.63M |
|
46
NextEra Energy, Inc.
NEE
$148B
| $984M | 0.35% | 6,303,169 -198,464 | -3% | -$31M |
|
47
NVIDIA
NVDA
$4.24T
| $983M | 0.35% | 5,082,274 +187,855 | +4% | +$36.3M |
|
48
Medtronic
MDT
$119B
| $981M | 0.35% | 12,152,306 +218,257 | +2% | +$17.6M |
|
|
49
Vornado Realty Trust
VNO
$7.3B
| $968M | 0.35% | 12,382,373 +3,700,022 | +43% | +$289M |
|
|
50
Boston Properties
BXP
$11.5B
| $963M | 0.35% | 7,403,590 +2,932,228 | +66% | +$381M |
|