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 |
Hilton Worldwide
HLT
|
$445M |
| 2 |
CNH
CNH Industrial
CNH
|
$231M |
| 3 |
Cummins
CMI
|
$199M |
| 4 |
Perrigo
PRGO
|
$146M |
| 5 |
VF Corp
VFC
|
$144M |
Top Sells
| 1 |
Blackrock
BLK
|
$495M |
| 2 |
Apple
AAPL
|
$401M |
| 3 |
JPMorgan Chase
JPM
|
$366M |
| 4 |
Exxon Mobil
XOM
|
$342M |
| 5 |
Chevron
CVX
|
$255M |
Sector Composition
| 1 | Financials | 19.7% |
| 2 | Technology | 13.01% |
| 3 | Healthcare | 11.73% |
| 4 | Industrials | 10.35% |
| 5 | Energy | 9.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Danaher
DHR
$147B
| $645M | 0.37% | 8,349,929 -387,843 | -4% | -$29.9M |
|
52
Bristol-Myers Squibb
BMY
$96B
| $635M | 0.37% | 11,945,463 -1,365,809 | -10% | -$72.6M |
|
53
AbbVie
ABBV
$372B
| $615M | 0.35% | 11,643,048 -873,945 | -7% | -$46.2M |
|
54
UnitedHealth
UNH
$281B
| $614M | 0.35% | 8,150,954 -527,195 | -6% | -$39.7M |
|
55
American Express
AXP
$231B
| $612M | 0.35% | 6,740,612 -235,726 | -3% | -$21.4M |
|
56
Aon
AON
$79.1B
| $610M | 0.35% | 7,269,985 -1,489,851 | -17% | -$125M |
|
57
Seagate
STX
$35.6B
| $594M | 0.34% | 10,580,836 -344,748 | -3% | -$19.4M |
|
58
Occidental Petroleum
OXY
$46.9B
| $581M | 0.33% | 6,110,076 -533,515 | -8% | -$50.7M |
|
59
Scotiabank
BNS
$77.6B
| $580M | 0.33% | 9,282,016 -142,978 | -2% | -$8.94M |
|
|
TWX
60
DELISTED
Time Warner Inc
TWX
| $579M | 0.33% | 8,304,389 -986,591 | -11% | -$68.8M |
|
61
Berkshire Hathaway Class B
BRK.B
$1.09T
| $566M | 0.33% | 4,776,274 -481,506 | -9% | -$57.1M |
|
|
62
Cummins
CMI
$54.9B
| $554M | 0.32% | 3,932,708 +1,408,943 | +56% | +$199M |
|
63
ConocoPhillips
COP
$124B
| $545M | 0.31% | 7,714,333 -1,007,776 | -12% | -$71.2M |
|
64
United Parcel Service
UPS
$74.1B
| $533M | 0.31% | 5,070,941 -361,644 | -7% | -$38M |
|
|
GGP
65
DELISTED
GGP Inc.
GGP
| $508M | 0.29% | 25,306,276 -880,267 | -3% | -$17.7M |
|
66
eBay
EBAY
$41.4B
| $503M | 0.29% | 9,159,587 -338,470 | -4% | -$18.6M |
|
|
CELG
67
DELISTED
Celgene Corp
CELG
| $499M | 0.29% | 2,953,153 -90,871 | -3% | -$15.4M |
|
68
US Bancorp
USB
$76B
| $486M | 0.28% | 12,041,763 -1,300,690 | -10% | -$52.5M |
|
69
Abbott
ABT
$231B
| $482M | 0.28% | 12,581,916 -1,007,468 | -7% | -$38.6M |
|
70
Mondelez International
MDLZ
$79.5B
| $473M | 0.27% | 13,386,779 -1,070,889 | -7% | -$37.8M |
|
71
Biogen
BIIB
$19.4B
| $468M | 0.27% | 1,671,668 -50,658 | -3% | -$14.2M |
|
72
Johnson Controls International
JCI
$69.9B
| $460M | 0.27% | 8,969,338 -259,701 | -3% | -$13.3M |
|
73
Eli Lilly
LLY
$657B
| $453M | 0.26% | 8,891,687 -754,464 | -8% | -$38.5M |
|
74
Medtronic
MDT
$119B
| $450M | 0.26% | 7,836,239 -480,039 | -6% | -$27.5M |
|
75
Suncor Energy
SU
$50.1B
| $447M | 0.26% | 12,752,212 -198,971 | -2% | -$6.97M |
|