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
|
$2.14B |
| 2 |
AGN
Allergan plc
AGN
|
$890M |
| 3 |
Medtronic
MDT
|
$783M |
| 4 |
Ameriprise Financial
AMP
|
$548M |
| 5 |
Kraft Heinz
KHC
|
$318M |
Top Sells
| 1 |
DTV
DIRECTV COM STK (DE)
DTV
|
$372M |
| 2 |
CMCSK
COMCAST CORP SPL A (NEW)
CMCSK
|
$240M |
| 3 |
Chubb
CB
|
$199M |
| 4 |
PLL
PALL CORP
PLL
|
$149M |
| 5 |
Intercontinental Exchange
ICE
|
$120M |
Sector Composition
| 1 | Financials | 19.09% |
| 2 | Healthcare | 14.17% |
| 3 | Technology | 13.59% |
| 4 | Consumer Discretionary | 9.72% |
| 5 | Industrials | 8.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Bristol-Myers Squibb
BMY
$96B
| $738M | 0.39% | 12,471,537 +136,657 | +1% | +$8.09M |
|
52
RTX Corp
RTX
$212B
| $725M | 0.38% | 8,150,588 +702,471 | +9% | +$62.5M |
|
|
GGP
53
DELISTED
GGP Inc.
GGP
| $677M | 0.35% | 26,063,397 +1,703,101 | +7% | +$44.2M |
|
54
Royal Bank of Canada
RY
$205B
| $673M | 0.35% | 12,224,077 +358,203 | +3% | +$19.7M |
|
|
CELG
55
DELISTED
Celgene Corp
CELG
| $631M | 0.33% | 5,830,576 +74,192 | +1% | +$8.03M |
|
56
Starbucks
SBUX
$100B
| $629M | 0.33% | 11,066,781 +161,736 | +1% | +$9.19M |
|
57
Mondelez International
MDLZ
$79.5B
| $611M | 0.32% | 14,598,157 -41,569 | -0.3% | -$1.74M |
|
58
Toronto Dominion Bank
TD
$128B
| $608M | 0.32% | 15,504,017 +400,701 | +3% | +$15.7M |
|
|
WBA
59
DELISTED
Walgreens Boots Alliance
WBA
| $603M | 0.32% | 7,260,262 +7,044 | +0.1% | +$585K |
|
60
Union Pacific
UNP
$133B
| $602M | 0.32% | 6,803,773 +160,916 | +2% | +$14.2M |
|
61
American Express
AXP
$231B
| $600M | 0.31% | 8,096,244 +115,371 | +1% | +$8.55M |
|
62
Biogen
BIIB
$19.4B
| $577M | 0.3% | 1,975,930 +299,607 | +18% | +$87.4M |
|
63
United Parcel Service
UPS
$74.1B
| $568M | 0.3% | 5,759,544 +121,962 | +2% | +$12M |
|
64
Prologis
PLD
$106B
| $562M | 0.29% | 14,445,526 -775,540 | -5% | -$30.2M |
|
65
US Bancorp
USB
$76B
| $550M | 0.29% | 13,408,838 +65,918 | +0.5% | +$2.7M |
|
|
TWX
66
DELISTED
Time Warner Inc
TWX
| $546M | 0.29% | 7,948,180 +40,217 | +0.5% | +$2.76M |
|
67
Lowe's Companies
LOW
$145B
| $545M | 0.29% | 7,902,849 +50,639 | +0.6% | +$3.49M |
|
68
Aon
AON
$79.1B
| $538M | 0.28% | 6,075,744 +1,042,500 | +21% | +$92.4M |
|
69
NextEra Energy, Inc.
NEE
$148B
| $537M | 0.28% | 5,504,658 +656,277 | +14% | +$64M |
|
70
Teva Pharmaceuticals
TEVA
$21.1B
| $530M | 0.28% | 9,387,741 | – | – |
|
71
ConocoPhillips
COP
$124B
| $526M | 0.28% | 10,966,801 -186,150 | -2% | -$8.93M |
|
72
Eaton
ETN
$136B
| $519M | 0.27% | 10,109,790 +1,343,385 | +15% | +$68.9M |
|
73
Danaher
DHR
$147B
| $517M | 0.27% | 6,063,021 -699,404 | -10% | -$59.6M |
|
74
Costco
COST
$418B
| $515M | 0.27% | 3,564,769 +38,690 | +1% | +$5.59M |
|
75
Abbott
ABT
$231B
| $511M | 0.27% | 12,713,472 +148,779 | +1% | +$5.98M |
|