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 |
Intuitive Surgical
ISRG
|
$704M |
| 2 |
Walmart
WMT
|
$635M |
| 3 |
T-Mobile US
TMUS
|
$554M |
| 4 |
Alphabet (Google) Class C
GOOG
|
$501M |
| 5 |
Autodesk
ADSK
|
$411M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
$899M |
| 2 |
Apple
AAPL
|
$724M |
| 3 |
Visa
V
|
$409M |
| 4 |
KSU
Kansas City Southern
KSU
|
$251M |
| 5 |
Automatic Data Processing
ADP
|
$222M |
Sector Composition
| 1 | Technology | 24.84% |
| 2 | Financials | 13.82% |
| 3 | Healthcare | 12.74% |
| 4 | Consumer Discretionary | 11.89% |
| 5 | Communication Services | 9.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
T-Mobile US
TMUS
$284B
| $2.71B | 0.56% | 23,356,719 +4,772,686 | +26% | +$554M |
|
27
Salesforce
CRM
$245B
| $2.69B | 0.55% | 10,581,316 +472,173 | +5% | +$120M |
|
28
Netflix
NFLX
$513B
| $2.61B | 0.54% | 4,335,950 -164,438 | -4% | -$99.1M |
|
29
Linde
LIN
$224B
| $2.59B | 0.53% | 7,472,919 -635,153 | -8% | -$220M |
|
30
Comcast
CMCSA
$125B
| $2.51B | 0.52% | 49,811,739 -475,874 | -0.9% | -$24M |
|
31
Cisco
CSCO
$274B
| $2.49B | 0.51% | 39,331,388 -874,471 | -2% | -$55.4M |
|
32
AbbVie
ABBV
$372B
| $2.43B | 0.5% | 17,970,964 -182,537 | -1% | -$24.7M |
|
33
Broadcom
AVGO
$1.4T
| $2.4B | 0.49% | 3,612,510 -61,371 | -2% | -$40.8M |
|
34
Adobe
ADBE
$151B
| $2.38B | 0.49% | 4,195,022 -23,377 | -0.6% | -$13.3M |
|
35
Accenture
ACN
$162B
| $2.35B | 0.48% | 5,659,626 +41,876 | +0.7% | +$17.4M |
|
36
Costco
COST
$418B
| $2.32B | 0.48% | 4,093,264 -248,889 | -6% | -$141M |
|
37
Walt Disney
DIS
$213B
| $2.29B | 0.47% | 14,789,436 -978,675 | -6% | -$152M |
|
38
Abbott
ABT
$231B
| $2.29B | 0.47% | 16,276,274 -204,729 | -1% | -$28.8M |
|
39
Qualcomm
QCOM
$173B
| $2.27B | 0.47% | 12,396,364 +2,202,711 | +22% | +$403M |
|
|
40
Alphabet (Google) Class C
GOOG
$2.58T
| $2.25B | 0.46% | 777,267 +173,072 | +29% | +$501M |
|
41
Coca-Cola
KO
$297B
| $2.22B | 0.46% | 37,527,894 -2,069,377 | -5% | -$123M |
|
42
Eli Lilly
LLY
$657B
| $2.21B | 0.46% | 8,014,500 -246,196 | -3% | -$68M |
|
43
PepsiCo
PEP
$204B
| $2.18B | 0.45% | 12,554,974 +10,344 | +0.1% | +$1.8M |
|
44
Intel
INTC
$107B
| $2.08B | 0.43% | 40,393,163 +209,983 | +0.5% | +$10.8M |
|
45
McDonald's
MCD
$224B
| $2.06B | 0.42% | 7,685,774 -27,347 | -0.4% | -$7.33M |
|
46
Danaher
DHR
$147B
| $2.02B | 0.41% | 6,127,135 +21,465 | +0.4% | +$7.06M |
|
47
Nike
NKE
$114B
| $1.89B | 0.39% | 11,367,887 -1,030,247 | -8% | -$172M |
|
48
Verizon
VZ
$186B
| $1.88B | 0.39% | 36,276,315 -819,266 | -2% | -$42.6M |
|
49
PayPal
PYPL
$67.1B
| $1.87B | 0.39% | 9,936,783 -203,482 | -2% | -$38.4M |
|
50
Berkshire Hathaway Class B
BRK.B
$1.09T
| $1.86B | 0.38% | 6,218,328 -523,738 | -8% | -$157M |
|