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 |
Alphabet (Google) Class A
GOOGL
|
$9.11B |
| 2 |
Tesla
TSLA
|
$4.84B |
| 3 |
Alphabet (Google) Class C
GOOG
|
$2.05B |
| 4 |
Apple
AAPL
|
$653M |
| 5 |
Microsoft
MSFT
|
$626M |
Top Sells
| 1 |
Cigna
CI
|
$510M |
| 2 |
UBS Group
UBS
|
$378M |
| 3 |
Morgan Stanley
MS
|
$281M |
| 4 |
Autodesk
ADSK
|
$241M |
| 5 |
AstraZeneca
AZN
|
$241M |
Sector Composition
| 1 | Technology | 23.59% |
| 2 | Financials | 14.36% |
| 3 | Healthcare | 14.17% |
| 4 | Consumer Discretionary | 11.44% |
| 5 | Communication Services | 8.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Costco
COST
$418B
| $2.29B | 0.61% | 4,857,256 +233,819 | +5% | +$110M |
|
27
Visa
V
$683B
| $2.26B | 0.6% | 12,707,738 +393,736 | +3% | +$69.9M |
|
|
28
Alphabet (Google) Class C
GOOG
$2.58T
| $2.2B | 0.59% | 22,905,989 +21,351,112 | +1,373% | +$2.05B |
|
29
PepsiCo
PEP
$204B
| $2.18B | 0.58% | 13,336,312 -129,106 | -1% | -$21.1M |
|
30
Alexandria Real Estate Equities
ARE
$14.1B
| $2.18B | 0.58% | 15,517,742 +1,298,526 | +9% | +$182M |
|
31
Equity Residential
EQR
$25.3B
| $2.08B | 0.55% | 30,886,593 +727,908 | +2% | +$48.9M |
|
32
Merck
MRK
$210B
| $2.06B | 0.55% | 23,896,984 +507,383 | +2% | +$43.7M |
|
33
Danaher
DHR
$147B
| $1.97B | 0.52% | 7,636,207 -10,211 | -0.1% | -$2.64M |
|
34
Linde
LIN
$224B
| $1.97B | 0.52% | 7,292,899 -364,145 | -5% | -$98.2M |
|
35
McDonald's
MCD
$224B
| $1.96B | 0.52% | 8,492,972 -108,123 | -1% | -$24.9M |
|
36
Wells Fargo
WFC
$263B
| $1.91B | 0.51% | 47,419,283 +4,164,445 | +10% | +$167M |
|
37
Berkshire Hathaway Class B
BRK.B
$1.09T
| $1.85B | 0.49% | 6,914,643 +1,309,756 | +23% | +$350M |
|
|
38
UBS Group
UBS
$128B
| $1.81B | 0.48% | 123,169,250 -25,785,582 | -17% | -$378M |
|
39
Bristol-Myers Squibb
BMY
$96B
| $1.7B | 0.45% | 23,861,771 +3,649,125 | +18% | +$259M |
|
40
Broadcom
AVGO
$1.4T
| $1.68B | 0.45% | 3,789,500 +60,300 | +2% | +$26.8M |
|
41
Accenture
ACN
$162B
| $1.67B | 0.44% | 6,473,633 -175,605 | -3% | -$45.2M |
|
42
Salesforce
CRM
$245B
| $1.64B | 0.44% | 11,383,671 -584,410 | -5% | -$84.1M |
|
43
Cisco
CSCO
$274B
| $1.64B | 0.43% | 40,888,040 +1,016,790 | +3% | +$40.7M |
|
44
Abbott
ABT
$231B
| $1.57B | 0.42% | 16,236,464 +375,799 | +2% | +$36.4M |
|
45
Walt Disney
DIS
$213B
| $1.54B | 0.41% | 16,376,861 +816,121 | +5% | +$77M |
|
46
Texas Instruments
TXN
$184B
| $1.51B | 0.4% | 9,778,826 +543,261 | +6% | +$84.1M |
|
47
Comcast
CMCSA
$125B
| $1.47B | 0.39% | 49,968,236 -972,034 | -2% | -$28.5M |
|
48
Verizon
VZ
$186B
| $1.45B | 0.39% | 38,297,073 +572,559 | +2% | +$21.7M |
|
49
Qualcomm
QCOM
$173B
| $1.44B | 0.38% | 12,759,031 +369,151 | +3% | +$41.7M |
|
50
Royal Bank of Canada
RY
$205B
| $1.44B | 0.38% | 15,968,758 +355,512 | +2% | +$32M |
|