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 |
Walmart
WMT
|
$839M |
| 2 |
NKLA
Nikola Corporation Common Stock
NKLA
|
$675M |
| 3 |
T-Mobile US
TMUS
|
$630M |
| 4 |
RTX Corp
RTX
|
$457M |
| 5 |
Meta Platforms (Facebook)
META
|
$399M |
Top Sells
| 1 |
AGN
Allergan plc
AGN
|
$692M |
| 2 |
RTN
Raytheon Company
RTN
|
$368M |
| 3 |
Bristol-Myers Squibb
BMY
|
$275M |
| 4 |
Visa
V
|
$251M |
| 5 |
Intel
INTC
|
$187M |
Sector Composition
| 1 | Technology | 22.85% |
| 2 | Healthcare | 13.58% |
| 3 | Financials | 13.55% |
| 4 | Consumer Discretionary | 13.35% |
| 5 | Communication Services | 10.14% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Berkshire Hathaway Class A
BRK.A
$1.09T
| $1.98B | 0.57% |
7,389
+163
| +2% | +$43.6M |
|
27
Comcast
CMCSA
$126B
| $1.97B | 0.57% |
50,639,909
+2,712,560
| +6% | +$106M |
|
28
Chevron
CVX
$326B
| $1.96B | 0.56% |
21,921,141
+470,579
| +2% | +$42M |
|
29
Netflix
NFLX
$516B
| $1.93B | 0.56% |
4,250,681
+437,341
| +11% | +$199M |
|
30
Pfizer
PFE
$142B
| $1.92B | 0.55% |
58,649,481
-723,295
| -1% | -$23.7M |
|
31
Coca-Cola
KO
$297B
| $1.88B | 0.54% |
42,159,867
+5,826,198
| +16% | +$260M |
|
32
PepsiCo
PEP
$206B
| $1.88B | 0.54% |
14,208,234
-397,490
| -3% | -$52.6M |
|
33
Exxon Mobil
XOM
$489B
| $1.85B | 0.53% |
41,448,016
-1,314,944
| -3% | -$58.8M |
|
34
AbbVie
ABBV
$374B
| $1.84B | 0.53% |
18,786,945
+3,954,829
| +27% | +$388M |
|
35
UBS Group
UBS
$126B
| $1.84B | 0.53% |
168,758,034
+13,199,408
| +8% | +$144M |
|
36
Walt Disney
DIS
$213B
| $1.81B | 0.52% |
16,216,851
-1,331,899
| -8% | -$149M |
|
37
Thermo Fisher Scientific
TMO
$186B
| $1.7B | 0.49% |
4,694,655
-18,151
| -0.4% | -$6.58M |
|
38
NextEra Energy, Inc.
NEE
$150B
| $1.69B | 0.49% |
7,034,313
+414,823
| +6% | +$99.6M |
|
|
39
Berkshire Hathaway Class B
BRK.B
$1.08T
| $1.66B | 0.48% |
9,310,546
-427,580
| -4% | -$76.3M |
|
40
Tesla
TSLA
$1.06T
| $1.61B | 0.46% |
1,491,247
-67,158
| -4% | -$72.5M |
|
41
Abbott
ABT
$229B
| $1.57B | 0.45% |
17,168,521
+125,864
| +0.7% | +$11.5M |
|
42
Alexandria Real Estate Equities
ARE
$14.1B
| $1.53B | 0.44% |
9,407,971
+853,532
| +10% | +$138M |
|
|
43
Walmart
WMT
$780B
| $1.51B | 0.44% |
12,613,037
+7,002,599
| +125% | +$839M |
|
44
Equity Residential
EQR
$25.3B
| $1.51B | 0.43% |
25,602,069
+1,723,661
| +7% | +$101M |
|
45
Salesforce
CRM
$242B
| $1.47B | 0.42% |
7,861,450
-302,314
| -4% | -$56.6M |
|
46
Costco
COST
$416B
| $1.46B | 0.42% |
4,824,230
+80,690
| +2% | +$24.5M |
|
47
Citigroup
C
$174B
| $1.46B | 0.42% |
28,496,475
+1,607,277
| +6% | +$82.1M |
|
48
Blackrock
BLK
$175B
| $1.39B | 0.4% |
2,559,249
+663,236
| +35% | +$361M |
|
49
Eli Lilly
LLY
$659B
| $1.37B | 0.4% |
8,357,235
-454,108
| -5% | -$74.6M |
|
50
McDonald's
MCD
$225B
| $1.37B | 0.39% |
7,412,609
-573,570
| -7% | -$106M |
|