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 |
Alcoa
AA
|
$128M |
| 2 |
WFT
Weatherford International plc
WFT
|
$124M |
| 3 |
Metallus
MTUS
|
$92.8M |
| 4 |
SWN
Southwestern Energy Company
SWN
|
$87.1M |
| 5 |
Liberty Media Series C
FWONK
|
$75.4M |
Top Sells
| 1 |
Apple
AAPL
|
$4.51B |
| 2 |
Blackrock
BLK
|
$3.87B |
| 3 |
Exxon Mobil
XOM
|
$2.99B |
| 4 |
Microsoft
MSFT
|
$2.9B |
| 5 |
Alphabet (Google) Class C
GOOG
|
$2.23B |
Sector Composition
| 1 | Financials | 18.12% |
| 2 | Technology | 13.88% |
| 3 | Healthcare | 12.74% |
| 4 | Energy | 9.57% |
| 5 | Industrials | 9.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
S
51
DELISTED
Sprint Corporation
S
| $647M | 0.35% | 102,061,966 -102,061,966 | -50% | -$647M |
|
|
TFCFA
52
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $640M | 0.35% | 18,659,825 -20,209,825 | -52% | -$693M |
|
53
Berkshire Hathaway Class B
BRK.B
$1.09T
| $630M | 0.34% | 4,560,676 -4,560,676 | -50% | -$630M |
|
|
GGP
54
DELISTED
GGP Inc.
GGP
| $620M | 0.34% | 26,306,305 -26,306,247 | -50% | -$620M |
|
55
Bristol-Myers Squibb
BMY
$96B
| $618M | 0.33% | 12,075,354 -12,075,354 | -50% | -$618M |
|
56
Scotiabank
BNS
$77.6B
| $618M | 0.33% | 9,964,053 -9,584,171 | -49% | -$594M |
|
|
TWX
57
DELISTED
Time Warner Inc
TWX
| $615M | 0.33% | 8,181,366 -8,500,216 | -51% | -$639M |
|
58
3M
MMM
$82.8B
| $615M | 0.33% | 4,339,932 -4,667,998 | -52% | -$661M |
|
59
Eli Lilly
LLY
$657B
| $590M | 0.32% | 9,098,465 -9,138,403 | -50% | -$593M |
|
60
Occidental Petroleum
OXY
$46.9B
| $586M | 0.32% | 6,099,699 -6,099,699 | -50% | -$586M |
|
61
Cummins
CMI
$54.9B
| $573M | 0.31% | 4,340,022 -3,867,782 | -47% | -$510M |
|
62
Biogen
BIIB
$19.4B
| $544M | 0.3% | 1,645,805 -1,663,731 | -50% | -$550M |
|
63
Eaton
ETN
$136B
| $544M | 0.29% | 8,585,068 -10,834,068 | -56% | -$687M |
|
64
HP
HPQ
$26.7B
| $541M | 0.29% | 15,262,609 -14,873,371 | -49% | -$528M |
|
|
CELG
65
DELISTED
Celgene Corp
CELG
| $532M | 0.29% | 5,617,651 -5,674,257 | -50% | -$538M |
|
66
US Bancorp
USB
$76B
| $527M | 0.29% | 12,588,475 -11,495,051 | -48% | -$481M |
|
67
United Parcel Service
UPS
$74.1B
| $525M | 0.28% | 5,337,869 -5,137,869 | -49% | -$505M |
|
68
Danaher
DHR
$147B
| $508M | 0.28% | 6,685,401 -7,159,477 | -52% | -$544M |
|
69
Teva Pharmaceuticals
TEVA
$21.1B
| $507M | 0.27% | 9,435,488 -9,435,488 | -50% | -$507M |
|
70
eBay
EBAY
$41.4B
| $499M | 0.27% | 8,815,200 -9,503,974 | -52% | -$538M |
|
71
Medtronic
MDT
$119B
| $488M | 0.26% | 7,873,251 -7,952,011 | -50% | -$493M |
|
72
LyondellBasell Industries
LYB
$18.1B
| $486M | 0.26% | 4,469,292 -4,519,444 | -50% | -$491M |
|
73
Abbott
ABT
$231B
| $482M | 0.26% | 11,600,308 -12,027,706 | -51% | -$500M |
|
74
Mondelez International
MDLZ
$79.5B
| $480M | 0.26% | 13,994,490 -14,219,868 | -50% | -$487M |
|
75
Suncor Energy
SU
$50.1B
| $469M | 0.25% | 12,928,221 -12,752,179 | -50% | -$462M |
|