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 |
NextEra Energy, Inc.
NEE
|
$1.79B |
| 2 |
QuantumScape
QS
|
$549M |
| 3 |
Meta Platforms (Facebook)
META
|
$443M |
| 4 |
Unilever
UL
|
$365M |
| 5 |
NetEase
NTES
|
$363M |
Top Sells
| 1 |
American International
AIG
|
$389M |
| 2 |
UN
Unilever NV New York Registry Shares
UN
|
$368M |
| 3 |
VER
VEREIT, Inc.
VER
|
$355M |
| 4 |
Lear
LEA
|
$304M |
| 5 |
3M
MMM
|
$286M |
Sector Composition
| 1 | Technology | 23.45% |
| 2 | Consumer Discretionary | 14.21% |
| 3 | Financials | 13.77% |
| 4 | Healthcare | 12.84% |
| 5 | Communication Services | 10.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Adobe
ADBE
$147B
| $2.36B | 0.55% |
4,717,216
-57,248
| -1% | -$28.6M |
|
|
27
NextEra Energy, Inc.
NEE
$148B
| $2.35B | 0.55% |
30,473,259
+23,262,601
| +323% | +$1.79B |
|
28
Coca-Cola
KO
$297B
| $2.35B | 0.55% |
42,772,036
+638,796
| +2% | +$35M |
|
29
Thermo Fisher Scientific
TMO
$186B
| $2.34B | 0.55% |
5,016,618
+208,336
| +4% | +$97M |
|
30
Merck
MRK
$214B
| $2.25B | 0.53% |
27,515,487
-344,735
| -1% | -$28.2M |
|
31
Pfizer
PFE
$142B
| $2.22B | 0.52% |
60,296,992
+2,112,365
| +4% | +$77.8M |
|
32
Salesforce
CRM
$242B
| $2.2B | 0.51% |
9,898,008
+1,070,243
| +12% | +$238M |
|
33
Walmart
WMT
$780B
| $2.16B | 0.51% |
15,012,238
-1,485,992
| -9% | -$214M |
|
34
Intel
INTC
$106B
| $2.14B | 0.5% |
42,975,850
-2,084,769
| -5% | -$104M |
|
35
Alphabet (Google) Class C
GOOG
$2.56T
| $2.12B | 0.49% |
1,209,037
-158,644
| -12% | -$278M |
|
36
Alexandria Real Estate Equities
ARE
$14.1B
| $2.08B | 0.49% |
11,657,971
| – | – |
|
37
AbbVie
ABBV
$374B
| $2.07B | 0.48% |
19,327,906
+1,141,246
| +6% | +$122M |
|
38
PepsiCo
PEP
$204B
| $2.07B | 0.48% |
13,934,685
-169,562
| -1% | -$25.1M |
|
39
Cisco
CSCO
$268B
| $2.03B | 0.47% |
45,294,318
-1,608,716
| -3% | -$72M |
|
40
AT&T
T
$209B
| $2.02B | 0.47% |
70,232,007
-2,209,912
| -3% | -$63.6M |
|
41
Nike
NKE
$110B
| $1.9B | 0.44% |
13,452,984
+416,523
| +3% | +$58.9M |
|
42
Abbott
ABT
$231B
| $1.88B | 0.44% |
17,184,330
+16,714
| +0.1% | +$1.83M |
|
43
Citigroup
C
$178B
| $1.83B | 0.43% |
29,719,473
+2,495,617
| +9% | +$154M |
|
44
Chevron
CVX
$326B
| $1.79B | 0.42% |
21,172,079
-97,403
| -0.5% | -$8.23M |
|
45
Costco
COST
$418B
| $1.78B | 0.42% |
4,734,908
-192,135
| -4% | -$72.4M |
|
46
Berkshire Hathaway Class B
BRK.B
$1.08T
| $1.77B | 0.41% |
7,620,630
-457,049
| -6% | -$106M |
|
47
Broadcom
AVGO
$1.4T
| $1.74B | 0.41% |
3,963,708
+123,556
| +3% | +$54.1M |
|
48
Medtronic
MDT
$119B
| $1.73B | 0.4% |
14,795,310
+755,034
| +5% | +$88.4M |
|
49
Equity Residential
EQR
$25.3B
| $1.71B | 0.4% |
28,825,495
+3,223,426
| +13% | +$191M |
|
50
Exxon Mobil
XOM
$487B
| $1.65B | 0.39% |
39,997,164
+331,799
| +0.8% | +$13.7M |
|