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 |
CSX Corp
CSX
|
$495M |
| 2 |
Canadian Pacific Kansas City
CP
|
$455M |
| 3 |
Sherwin-Williams
SHW
|
$406M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
$344M |
| 5 |
UDR
UDR
|
$344M |
Top Sells
| 1 |
Apple
AAPL
|
$1.03B |
| 2 |
Alphabet (Google) Class C
GOOG
|
$976M |
| 3 |
Citigroup
C
|
$352M |
| 4 |
Linde
LIN
|
$351M |
| 5 |
Microsoft
MSFT
|
$331M |
Sector Composition
| 1 | Technology | 23.31% |
| 2 | Financials | 14.41% |
| 3 | Healthcare | 12.63% |
| 4 | Consumer Discretionary | 12.55% |
| 5 | Communication Services | 10.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Intel
INTC
$107B
| $2.32B | 0.5% | 41,403,647 -2,883,186 | -7% | -$162M |
|
27
Equity Residential
EQR
$25.3B
| $2.32B | 0.5% | 30,158,685 +627,274 | +2% | +$48.3M |
|
28
T-Mobile US
TMUS
$284B
| $2.32B | 0.5% | 16,008,739 -595,289 | -4% | -$86.2M |
|
29
Pfizer
PFE
$141B
| $2.31B | 0.5% | 58,887,805 -2,741,536 | -4% | -$107M |
|
|
30
Linde
LIN
$224B
| $2.28B | 0.49% | 7,890,639 -1,212,672 | -13% | -$351M |
|
31
Walmart
WMT
$774B
| $2.25B | 0.49% | 15,984,444 +804,900 | +5% | +$114M |
|
32
Coca-Cola
KO
$297B
| $2.25B | 0.49% | 41,569,518 -257,774 | -0.6% | -$13.9M |
|
33
Cisco
CSCO
$274B
| $2.21B | 0.48% | 41,772,363 -918,170 | -2% | -$48.7M |
|
34
NextEra Energy, Inc.
NEE
$148B
| $2.21B | 0.48% | 30,180,329 +1,505,120 | +5% | +$110M |
|
35
Verizon
VZ
$186B
| $2.17B | 0.47% | 38,651,971 -1,473,996 | -4% | -$82.6M |
|
36
Thermo Fisher Scientific
TMO
$186B
| $2.12B | 0.46% | 4,206,510 -258,613 | -6% | -$130M |
|
37
AT&T
T
$209B
| $2.08B | 0.45% | 72,259,910 +1,373,443 | +2% | +$39.5M |
|
38
Chevron
CVX
$324B
| $2.06B | 0.45% | 19,701,394 -1,291,168 | -6% | -$135M |
|
39
AbbVie
ABBV
$372B
| $2.06B | 0.45% | 18,311,632 -468,324 | -2% | -$52.8M |
|
40
Berkshire Hathaway Class B
BRK.B
$1.09T
| $2.06B | 0.45% | 7,414,860 -1,144,106 | -13% | -$318M |
|
41
Nike
NKE
$114B
| $2.06B | 0.45% | 13,319,496 +571,942 | +4% | +$88.4M |
|
42
Merck
MRK
$210B
| $2.01B | 0.43% | 25,792,535 -1,480,153 | -5% | -$115M |
|
43
Eli Lilly
LLY
$657B
| $1.95B | 0.42% | 8,515,161 -271,619 | -3% | -$62.3M |
|
44
Abbott
ABT
$231B
| $1.93B | 0.42% | 16,645,395 -458,337 | -3% | -$53.1M |
|
45
PepsiCo
PEP
$204B
| $1.88B | 0.41% | 12,708,642 -1,038,108 | -8% | -$154M |
|
46
McDonald's
MCD
$224B
| $1.82B | 0.4% | 7,899,050 +242,453 | +3% | +$56M |
|
47
Broadcom
AVGO
$1.4T
| $1.8B | 0.39% | 3,782,589 -286,527 | -7% | -$137M |
|
48
Danaher
DHR
$147B
| $1.75B | 0.38% | 6,530,450 -288,118 | -4% | -$77.3M |
|
49
Costco
COST
$418B
| $1.74B | 0.38% | 4,403,098 -149,438 | -3% | -$59.1M |
|
50
Texas Instruments
TXN
$184B
| $1.71B | 0.37% | 8,871,859 -321,864 | -4% | -$61.9M |
|