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 |
Amazon
AMZN
|
$9.34B |
| 2 |
Microsoft
MSFT
|
$1.54B |
| 3 |
Apple
AAPL
|
$1.46B |
| 4 |
Meta Platforms (Facebook)
META
|
$984M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$712M |
Top Sells
| 1 |
Chevron
CVX
|
$355M |
| 2 |
T-Mobile US
TMUS
|
$350M |
| 3 |
ACC
American Campus Communities, Inc.
ACC
|
$306M |
| 4 |
CERN
Cerner Corp
CERN
|
$279M |
| 5 |
Exxon Mobil
XOM
|
$279M |
Sector Composition
| 1 | Technology | 23.7% |
| 2 | Financials | 14.37% |
| 3 | Healthcare | 14.2% |
| 4 | Consumer Discretionary | 10.56% |
| 5 | Communication Services | 8.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
UBS Group
UBS
$128B
| $2.4B | 0.62% | 148,954,832 -7,656,186 | -5% | -$123M |
|
27
Walmart
WMT
$774B
| $2.39B | 0.62% | 19,624,412 -316,764 | -2% | -$38.5M |
|
|
28
Chevron
CVX
$324B
| $2.25B | 0.58% | 15,541,758 -2,448,912 | -14% | -$355M |
|
29
PepsiCo
PEP
$204B
| $2.24B | 0.58% | 13,465,418 +462,845 | +4% | +$77.1M |
|
30
Costco
COST
$418B
| $2.22B | 0.57% | 4,623,437 +420,437 | +10% | +$202M |
|
31
Linde
LIN
$224B
| $2.2B | 0.57% | 7,657,044 +74,485 | +1% | +$21.4M |
|
32
Equity Residential
EQR
$25.3B
| $2.18B | 0.56% | 30,158,685 | – | – |
|
33
Merck
MRK
$210B
| $2.13B | 0.55% | 23,389,601 +224,789 | +1% | +$20.5M |
|
34
McDonald's
MCD
$224B
| $2.12B | 0.55% | 8,601,095 +685,243 | +9% | +$169M |
|
35
Alexandria Real Estate Equities
ARE
$14.1B
| $2.06B | 0.53% | 14,219,216 +731,475 | +5% | +$106M |
|
36
Comcast
CMCSA
$125B
| $2B | 0.52% | 50,940,270 +75,463 | +0.1% | +$2.96M |
|
37
Salesforce
CRM
$245B
| $1.98B | 0.51% | 11,968,081 +1,186,277 | +11% | +$196M |
|
38
Danaher
DHR
$147B
| $1.94B | 0.5% | 7,646,418 +1,122,118 | +17% | +$284M |
|
39
Verizon
VZ
$186B
| $1.91B | 0.49% | 37,724,514 +1,140,459 | +3% | +$57.9M |
|
40
Accenture
ACN
$162B
| $1.85B | 0.48% | 6,649,238 +423,806 | +7% | +$118M |
|
41
Broadcom
AVGO
$1.4T
| $1.81B | 0.47% | 3,729,200 +130,836 | +4% | +$63.6M |
|
42
Adobe
ADBE
$151B
| $1.76B | 0.46% | 4,818,721 +473,423 | +11% | +$173M |
|
43
Abbott
ABT
$231B
| $1.72B | 0.45% | 15,860,665 -622,368 | -4% | -$67.6M |
|
44
Cisco
CSCO
$274B
| $1.7B | 0.44% | 39,871,250 -114,526 | -0.3% | -$4.88M |
|
45
Wells Fargo
WFC
$263B
| $1.69B | 0.44% | 43,254,838 +10,682,773 | +33% | +$418M |
|
46
Qualcomm
QCOM
$173B
| $1.58B | 0.41% | 12,389,880 +386,446 | +3% | +$49.4M |
|
47
Bristol-Myers Squibb
BMY
$96B
| $1.56B | 0.4% | 20,212,646 +1,131,838 | +6% | +$87.2M |
|
48
Intel
INTC
$107B
| $1.55B | 0.4% | 41,392,886 +2,221,732 | +6% | +$83.1M |
|
49
Berkshire Hathaway Class B
BRK.B
$1.09T
| $1.53B | 0.4% | 5,604,887 -337,969 | -6% | -$92.3M |
|
50
Royal Bank of Canada
RY
$205B
| $1.51B | 0.39% | 15,613,246 +552,616 | +4% | +$53.5M |
|