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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
$651M |
| 2 |
S
Sprint Corporation
S
|
$627M |
| 3 |
Pfizer
PFE
|
$224M |
| 4 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
$170M |
| 5 |
JPMorgan Chase
JPM
|
$141M |
Top Sells
| 1 |
NWSA
NEWS CORPORATION CL-A
NWSA
|
$631M |
| 2 |
FON
SPRINT CORP FON COM
FON
|
$365M |
| 3 |
Zoetis
ZTS
|
$280M |
| 4 |
American Express
AXP
|
$207M |
| 5 |
Ameriprise Financial
AMP
|
$156M |
Sector Composition
| 1 | Financials | 19.79% |
| 2 | Technology | 13.01% |
| 3 | Healthcare | 11.62% |
| 4 | Energy | 9.84% |
| 5 | Industrials | 9.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
UnitedHealth
UNH
$281B
| $621M | 0.36% | 8,678,149 +209,222 | +2% | +$15M |
|
52
Occidental Petroleum
OXY
$46.9B
| $621M | 0.36% | 6,643,591 | – | – |
|
53
Bristol-Myers Squibb
BMY
$96B
| $616M | 0.36% | 13,311,272 -186,611 | -1% | -$8.64M |
|
|
TWX
54
DELISTED
Time Warner Inc
TWX
| $611M | 0.36% | 9,290,980 -6,820 | -0.1% | -$449K |
|
55
Mastercard
MA
$538B
| $611M | 0.36% | 908,708 +137,427 | +18% | +$92.5M |
|
56
ConocoPhillips
COP
$124B
| $606M | 0.35% | 8,722,109 | – | – |
|
57
Danaher
DHR
$147B
| $606M | 0.35% | 8,737,772 +421,976 | +5% | +$29.3M |
|
58
Berkshire Hathaway Class B
BRK.B
$1.09T
| $597M | 0.35% | 5,257,780 -92,885 | -2% | -$10.5M |
|
59
AbbVie
ABBV
$372B
| $560M | 0.33% | 12,516,993 -23,052 | -0.2% | -$1.03M |
|
60
Ford
F
$46.8B
| $545M | 0.32% | 32,282,043 +555,899 | +2% | +$9.38M |
|
61
Scotiabank
BNS
$77.6B
| $541M | 0.32% | 9,424,994 +97,703 | +1% | +$5.61M |
|
62
eBay
EBAY
$41.4B
| $530M | 0.31% | 9,498,057 -380,450 | -4% | -$21.2M |
|
|
63
American Express
AXP
$231B
| $527M | 0.31% | 6,976,338 -2,742,298 | -28% | -$207M |
|
|
GGP
64
DELISTED
GGP Inc.
GGP
| $505M | 0.29% | 26,186,543 +5,892,063 | +29% | +$114M |
|
|
65
Ameriprise Financial
AMP
$48.5B
| $501M | 0.29% | 5,495,462 -1,711,791 | -24% | -$156M |
|
66
United Parcel Service
UPS
$74.1B
| $496M | 0.29% | 5,432,585 -352,938 | -6% | -$32.2M |
|
67
US Bancorp
USB
$76B
| $488M | 0.28% | 13,342,453 -340,676 | -2% | -$12.5M |
|
68
Eli Lilly
LLY
$657B
| $485M | 0.28% | 9,646,151 +688,097 | +8% | +$34.6M |
|
69
Seagate
STX
$35.6B
| $478M | 0.28% | 10,925,584 +111,367 | +1% | +$4.87M |
|
|
CELG
70
DELISTED
Celgene Corp
CELG
| $469M | 0.27% | 3,044,024 -235,888 | -7% | -$36.3M |
|
71
Suncor Energy
SU
$50.1B
| $464M | 0.27% | 12,951,183 -64,516 | -0.5% | -$2.31M |
|
|
APC
72
DELISTED
Anadarko Petroleum
APC
| $458M | 0.27% | 4,925,423 -217,991 | -4% | -$20.3M |
|
73
Mondelez International
MDLZ
$79.5B
| $454M | 0.27% | 14,457,668 -410,001 | -3% | -$12.9M |
|
74
Abbott
ABT
$231B
| $451M | 0.26% | 13,589,384 +353,702 | +3% | +$11.7M |
|
75
Medtronic
MDT
$119B
| $443M | 0.26% | 8,316,278 | – | – |
|