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 |
Linde
LIN
|
$2.62B |
| 2 |
TJX Companies
TJX
|
$277M |
| 3 |
Cigna
CI
|
$259M |
| 4 |
Alphabet (Google) Class C
GOOG
|
$234M |
| 5 |
Boston Properties
BXP
|
$225M |
Top Sells
| 1 |
AET
Aetna Inc
AET
|
$646M |
| 2 |
ESRX
Express Scripts Holding Company
ESRX
|
$543M |
| 3 |
PX
Praxair Inc
PX
|
$305M |
| 4 |
COL
Rockwell Collins
COL
|
$240M |
| 5 |
ANDV
Andeavor
ANDV
|
$222M |
Sector Composition
| 1 | Technology | 17.09% |
| 2 | Financials | 16.89% |
| 3 | Healthcare | 14.43% |
| 4 | Consumer Discretionary | 11.2% |
| 5 | Communication Services | 9.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Alibaba
BABA
$322B
| $1.73B | 0.65% | 12,650,620 -134,919 | -1% | -$18.5M |
|
27
Coca-Cola
KO
$297B
| $1.72B | 0.64% | 36,273,001 +115,294 | +0.3% | +$5.46M |
|
28
Mastercard
MA
$538B
| $1.7B | 0.63% | 9,021,461 -69,265 | -0.8% | -$13.1M |
|
29
Walt Disney
DIS
$213B
| $1.59B | 0.59% | 14,530,665 +119,453 | +0.8% | +$13.1M |
|
30
Comcast
CMCSA
$125B
| $1.59B | 0.59% | 46,700,687 +1,468,078 | +3% | +$50M |
|
31
PepsiCo
PEP
$204B
| $1.57B | 0.58% | 14,165,489 -53,884 | -0.4% | -$5.95M |
|
32
Citigroup
C
$178B
| $1.38B | 0.51% | 26,575,586 +581,574 | +2% | +$30.3M |
|
33
McDonald's
MCD
$224B
| $1.33B | 0.49% | 7,471,949 -140,608 | -2% | -$25M |
|
34
AbbVie
ABBV
$372B
| $1.3B | 0.48% | 14,106,418 | – | – |
|
35
Amgen
AMGN
$155B
| $1.28B | 0.48% | 6,591,913 +262,516 | +4% | +$51.1M |
|
36
Equity Residential
EQR
$25.3B
| $1.25B | 0.46% | 18,926,251 +1,500,000 | +9% | +$99M |
|
37
Abbott
ABT
$231B
| $1.24B | 0.46% | 17,136,096 -611,468 | -3% | -$44.2M |
|
38
Oracle
ORCL
$635B
| $1.24B | 0.46% | 27,369,201 -1,009,763 | -4% | -$45.6M |
|
39
Netflix
NFLX
$513B
| $1.21B | 0.45% | 4,518,443 +250,022 | +6% | +$66.9M |
|
|
40
Boston Properties
BXP
$11.5B
| $1.2B | 0.45% | 10,634,382 +2,000,000 | +23% | +$225M |
|
41
UBS Group
UBS
$128B
| $1.17B | 0.44% | 94,579,984 -3,581,291 | -4% | -$44.4M |
|
42
NextEra Energy, Inc.
NEE
$148B
| $1.17B | 0.44% | 6,742,686 +89,206 | +1% | +$15.5M |
|
43
Vornado Realty Trust
VNO
$7.3B
| $1.12B | 0.42% | 18,082,373 +1,000,000 | +6% | +$62M |
|
44
Medtronic
MDT
$119B
| $1.12B | 0.42% | 12,316,165 +94,368 | +0.8% | +$8.58M |
|
45
Blackrock
BLK
$175B
| $1.09B | 0.41% | 2,782,275 +27,756 | +1% | +$10.9M |
|
46
DuPont de Nemours
DD
$32.2B
| $1.07B | 0.4% | 20,075,293 +3,494,995 | +21% | +$187M |
|
47
Eli Lilly
LLY
$657B
| $1.06B | 0.39% | 9,126,222 +44,563 | +0.5% | +$5.16M |
|
48
Broadcom
AVGO
$1.4T
| $1.06B | 0.39% | 4,151,261 +219,724 | +6% | +$55.9M |
|
49
Union Pacific
UNP
$133B
| $1.04B | 0.39% | 7,497,046 -275,231 | -4% | -$38M |
|
50
Royal Bank of Canada
RY
$205B
| $1.02B | 0.38% | 14,927,439 -98,130 | -0.7% | -$6.71M |
|