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 C
GOOG
|
$1.03B |
| 2 |
Apple
AAPL
|
$1B |
| 3 |
Microsoft
MSFT
|
$818M |
| 4 |
Cigna
CI
|
$642M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
$491M |
Top Sells
| 1 |
T-Mobile US
TMUS
|
$534M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
$469M |
| 3 |
TWTR
Twitter, Inc.
TWTR
|
$388M |
| 4 |
DRE
Duke Realty Corp.
DRE
|
$358M |
| 5 |
IBM
IBM
|
$216M |
Sector Composition
| 1 | Technology | 22.99% |
| 2 | Healthcare | 15.11% |
| 3 | Financials | 15% |
| 4 | Consumer Discretionary | 10.13% |
| 5 | Industrials | 8.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
Berkshire Hathaway Class A
BRK.A
$1.09T
| $2.77B | 0.67% | 5,907 -417 | -7% | -$195M |
|
27
Merck
MRK
$210B
| $2.74B | 0.66% | 24,662,395 +765,411 | +3% | +$84.9M |
|
|
28
Berkshire Hathaway Class B
BRK.B
$1.09T
| $2.63B | 0.63% | 8,503,502 +1,588,859 | +23% | +$491M |
|
29
Walmart
WMT
$774B
| $2.6B | 0.63% | 18,328,064 -919,888 | -5% | -$130M |
|
30
PepsiCo
PEP
$204B
| $2.52B | 0.61% | 13,947,234 +610,922 | +5% | +$110M |
|
31
Linde
LIN
$224B
| $2.41B | 0.58% | 7,385,916 +93,017 | +1% | +$30.3M |
|
32
McDonald's
MCD
$224B
| $2.34B | 0.56% | 8,884,607 +391,635 | +5% | +$103M |
|
33
Costco
COST
$418B
| $2.33B | 0.56% | 5,101,521 +244,265 | +5% | +$112M |
|
34
Alexandria Real Estate Equities
ARE
$14.1B
| $2.28B | 0.55% | 15,632,151 +114,409 | +0.7% | +$16.7M |
|
35
Broadcom
AVGO
$1.4T
| $2.22B | 0.54% | 3,975,241 +185,741 | +5% | +$104M |
|
36
UBS Group
UBS
$128B
| $2.18B | 0.53% | 117,305,480 -5,863,770 | -5% | -$109M |
|
37
Danaher
DHR
$147B
| $2.06B | 0.5% | 7,750,599 +114,392 | +1% | +$30.4M |
|
38
Wells Fargo
WFC
$263B
| $2.05B | 0.49% | 49,641,392 +2,222,109 | +5% | +$91.8M |
|
39
Cisco
CSCO
$274B
| $2.03B | 0.49% | 42,585,665 +1,697,625 | +4% | +$80.9M |
|
40
Abbott
ABT
$231B
| $1.89B | 0.46% | 17,248,522 +1,012,058 | +6% | +$111M |
|
41
Bristol-Myers Squibb
BMY
$96B
| $1.87B | 0.45% | 26,041,644 +2,179,873 | +9% | +$157M |
|
42
Accenture
ACN
$162B
| $1.85B | 0.45% | 6,935,862 +462,229 | +7% | +$123M |
|
43
Verizon
VZ
$186B
| $1.83B | 0.44% | 46,438,445 +8,141,372 | +21% | +$321M |
|
44
Equity Residential
EQR
$25.3B
| $1.82B | 0.44% | 30,886,593 | – | – |
|
45
Comcast
CMCSA
$125B
| $1.8B | 0.43% | 51,420,437 +1,452,201 | +3% | +$50.8M |
|
46
Adobe
ADBE
$151B
| $1.76B | 0.42% | 5,221,017 +189,197 | +4% | +$63.7M |
|
47
Royal Bank of Canada
RY
$205B
| $1.58B | 0.38% | 16,843,106 +874,348 | +5% | +$82.2M |
|
48
RTX Corp
RTX
$212B
| $1.58B | 0.38% | 15,661,993 +681,618 | +5% | +$68.8M |
|
49
Texas Instruments
TXN
$184B
| $1.55B | 0.37% | 9,371,532 -407,294 | -4% | -$67.3M |
|
50
Netflix
NFLX
$513B
| $1.5B | 0.36% | 5,092,789 +125,469 | +3% | +$37M |
|