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 |
Apple
AAPL
|
$14.5B |
| 2 |
Tesla
TSLA
|
$2.73B |
| 3 |
Zoom
ZM
|
$759M |
| 4 |
Walmart
WMT
|
$544M |
| 5 |
Alexandria Real Estate Equities
ARE
|
$360M |
Top Sells
| 1 |
Linde
LIN
|
$311M |
| 2 |
Bank of America
BAC
|
$297M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
$263M |
| 4 |
Blackrock
BLK
|
$168M |
| 5 |
Amazon
AMZN
|
$147M |
Sector Composition
| 1 | Technology | 23.62% |
| 2 | Consumer Discretionary | 14.53% |
| 3 | Healthcare | 13.24% |
| 4 | Financials | 12.9% |
| 5 | Communication Services | 10.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Salesforce
CRM
$242B
| $2.22B | 0.59% |
8,827,765
+966,315
| +12% | +$243M |
|
27
Netflix
NFLX
$516B
| $2.16B | 0.57% |
4,311,472
+60,791
| +1% | +$30.4M |
|
|
28
Bank of America
BAC
$373B
| $2.15B | 0.57% |
89,160,410
-12,334,844
| -12% | -$297M |
|
29
Pfizer
PFE
$142B
| $2.14B | 0.57% |
58,184,627
-464,854
| -0.8% | -$17.1M |
|
30
Thermo Fisher Scientific
TMO
$186B
| $2.12B | 0.56% |
4,808,282
+113,627
| +2% | +$50.2M |
|
31
Coca-Cola
KO
$297B
| $2.08B | 0.55% |
42,133,240
-26,627
| -0.1% | -$1.31M |
|
32
AT&T
T
$209B
| $2.07B | 0.55% |
72,441,919
-930,745
| -1% | -$26.5M |
|
33
Alphabet (Google) Class C
GOOG
$2.56T
| $2.01B | 0.53% |
1,367,681
-64,061
| -4% | -$94.1M |
|
34
Walt Disney
DIS
$213B
| $2B | 0.53% |
16,149,459
-67,392
| -0.4% | -$8.36M |
|
35
NextEra Energy, Inc.
NEE
$148B
| $2B | 0.53% |
7,210,658
+176,345
| +3% | +$48.9M |
|
36
PepsiCo
PEP
$204B
| $1.95B | 0.52% |
14,104,247
-103,987
| -0.7% | -$14.4M |
|
37
Abbott
ABT
$231B
| $1.87B | 0.5% |
17,167,616
-905
| -0% | -$98.5K |
|
|
38
Alexandria Real Estate Equities
ARE
$14.1B
| $1.87B | 0.5% |
11,657,971
+2,250,000
| +24% | +$360M |
|
39
Cisco
CSCO
$268B
| $1.85B | 0.49% |
46,903,034
-427,280
| -0.9% | -$16.8M |
|
40
Costco
COST
$418B
| $1.75B | 0.46% |
4,927,043
+102,813
| +2% | +$36.5M |
|
41
UBS Group
UBS
$126B
| $1.73B | 0.46% |
167,757,918
-1,000,116
| -0.6% | -$10.3M |
|
|
42
Berkshire Hathaway Class B
BRK.B
$1.08T
| $1.72B | 0.46% |
8,077,679
-1,232,867
| -13% | -$263M |
|
43
Nike
NKE
$110B
| $1.64B | 0.43% |
13,036,461
-178,953
| -1% | -$22.5M |
|
44
Danaher
DHR
$147B
| $1.61B | 0.43% |
7,497,417
+369,459
| +5% | +$79.6M |
|
45
McDonald's
MCD
$224B
| $1.6B | 0.43% |
7,294,044
-118,565
| -2% | -$26M |
|
46
AbbVie
ABBV
$374B
| $1.59B | 0.42% |
18,186,660
-600,285
| -3% | -$52.6M |
|
47
Chevron
CVX
$326B
| $1.53B | 0.41% |
21,269,482
-651,659
| -3% | -$46.9M |
|
48
Medtronic
MDT
$119B
| $1.46B | 0.39% |
14,040,276
+113,953
| +0.8% | +$11.8M |
|
49
Accenture
ACN
$162B
| $1.43B | 0.38% |
6,306,619
-2,755
| -0% | -$623K |
|
50
Amgen
AMGN
$155B
| $1.42B | 0.38% |
5,574,018
-48,476
| -0.9% | -$12.3M |
|