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 |
UBS Group
UBS
|
$1.97B |
| 2 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
$388M |
| 3 |
Prudential Financial
PRU
|
$319M |
| 4 |
Prologis
PLD
|
$309M |
| 5 |
Hilton Worldwide
HLT
|
$307M |
Top Sells
| 1 |
OUBS
USB AG (NEW)
OUBS
|
$1.9B |
| 2 |
Simon Property Group
SPG
|
$191M |
| 3 |
Seagate
STX
|
$131M |
| 4 |
GGP
GGP Inc.
GGP
|
$119M |
| 5 |
Travelers Companies
TRV
|
$119M |
Sector Composition
| 1 | Financials | 18.43% |
| 2 | Technology | 13.98% |
| 3 | Healthcare | 13.28% |
| 4 | Industrials | 9.6% |
| 5 | Consumer Discretionary | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
American Express
AXP
$231B
| $726M | 0.37% | 7,808,150 -97,136 | -1% | -$9.04M |
|
52
McDonald's
MCD
$224B
| $723M | 0.37% | 7,713,182 +153,241 | +2% | +$14.4M |
|
53
Berkshire Hathaway Class B
BRK.B
$1.09T
| $714M | 0.36% | 4,755,746 +195,070 | +4% | +$29.3M |
|
|
TWX
54
DELISTED
Time Warner Inc
TWX
| $671M | 0.34% | 7,855,431 -325,935 | -4% | -$27.8M |
|
|
55
Prologis
PLD
$106B
| $655M | 0.33% | 15,221,066 +7,173,491 | +89% | +$309M |
|
|
VIAB
56
DELISTED
Viacom Inc. Class B
VIAB
| $650M | 0.33% | 8,637,889 -76,263 | -0.9% | -$5.74M |
|
57
HP
HPQ
$26.7B
| $635M | 0.32% | 15,825,047 +562,438 | +4% | +$22.6M |
|
|
CELG
58
DELISTED
Celgene Corp
CELG
| $631M | 0.32% | 5,642,458 +24,807 | +0.4% | +$2.77M |
|
|
GGP
59
DELISTED
GGP Inc.
GGP
| $621M | 0.32% | 22,076,959 -4,229,346 | -16% | -$119M |
|
60
Cummins
CMI
$54.9B
| $608M | 0.31% | 4,219,043 -120,979 | -3% | -$17.4M |
|
61
Eli Lilly
LLY
$657B
| $608M | 0.31% | 8,816,435 -282,030 | -3% | -$19.5M |
|
62
United Parcel Service
UPS
$74.1B
| $605M | 0.31% | 5,445,852 +107,983 | +2% | +$12M |
|
63
Eaton
ETN
$136B
| $595M | 0.3% | 8,757,747 +172,679 | +2% | +$11.7M |
|
64
Danaher
DHR
$147B
| $584M | 0.3% | 6,815,851 +130,450 | +2% | +$11.2M |
|
65
US Bancorp
USB
$76B
| $584M | 0.3% | 12,986,030 +397,555 | +3% | +$17.9M |
|
66
Scotiabank
BNS
$77.6B
| $572M | 0.29% | 9,987,390 +23,337 | +0.2% | +$1.34M |
|
67
Medtronic
MDT
$119B
| $563M | 0.29% | 7,795,582 -77,669 | -1% | -$5.61M |
|
68
Biogen
BIIB
$19.4B
| $559M | 0.28% | 1,645,805 | – | – |
|
|
WBA
69
DELISTED
Walgreens Boots Alliance
WBA
| $558M | 0.28% | 7,316,750 +211,850 | +3% | +$16.1M |
|
70
Teva Pharmaceuticals
TEVA
$21.1B
| $554M | 0.28% | 9,629,437 +193,949 | +2% | +$11.2M |
|
71
Lowe's Companies
LOW
$145B
| $534M | 0.27% | 7,758,528 +91,379 | +1% | +$6.29M |
|
72
Mondelez International
MDLZ
$79.5B
| $529M | 0.27% | 14,554,490 +560,000 | +4% | +$20.3M |
|
73
Abbott
ABT
$231B
| $528M | 0.27% | 11,737,220 +136,912 | +1% | +$6.16M |
|
74
Occidental Petroleum
OXY
$46.9B
| $505M | 0.26% | 6,263,026 +163,327 | +3% | +$13.2M |
|
75
Ford
F
$46.8B
| $501M | 0.25% | 32,330,694 +809,593 | +3% | +$12.5M |
|