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 |
Alphabet (Google) Class A
GOOGL
|
$1.73B |
| 2 |
Synchrony
SYF
|
$308M |
| 3 |
Nike
NKE
|
$297M |
| 4 |
Hewlett Packard
HPE
|
$258M |
| 5 |
Amazon
AMZN
|
$209M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
$1.63B |
| 2 |
Mastercard
MA
|
$391M |
| 3 |
Chubb
CB
|
$270M |
| 4 |
Oracle
ORCL
|
$246M |
| 5 |
Cummins
CMI
|
$203M |
Sector Composition
| 1 | Financials | 19.23% |
| 2 | Healthcare | 14.67% |
| 3 | Technology | 13.73% |
| 4 | Consumer Discretionary | 9.87% |
| 5 | Communication Services | 9.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
TFCFA
51
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $737M | 0.37% | 27,133,586 -2,068,734 | -7% | -$56.2M |
|
52
RTX Corp
RTX
$212B
| $728M | 0.36% | 7,575,059 -575,529 | -7% | -$55.3M |
|
|
GGP
53
DELISTED
GGP Inc.
GGP
| $725M | 0.36% | 26,645,638 +582,241 | +2% | +$15.8M |
|
|
CELG
54
DELISTED
Celgene Corp
CELG
| $714M | 0.35% | 5,959,528 +128,952 | +2% | +$15.4M |
|
55
Qualcomm
QCOM
$173B
| $692M | 0.34% | 13,853,636 +83,208 | +0.6% | +$4.16M |
|
56
Teva Pharmaceuticals
TEVA
$21.1B
| $682M | 0.34% | 10,387,741 +1,000,000 | +11% | +$65.6M |
|
57
Mondelez International
MDLZ
$79.5B
| $669M | 0.33% | 14,917,331 +319,174 | +2% | +$14.3M |
|
58
Aon
AON
$79.1B
| $665M | 0.33% | 7,212,114 +1,136,370 | +19% | +$105M |
|
59
Starbucks
SBUX
$100B
| $665M | 0.33% | 11,074,881 +8,100 | +0.1% | +$486K |
|
|
WBA
60
DELISTED
Walgreens Boots Alliance
WBA
| $654M | 0.33% | 7,683,245 +422,983 | +6% | +$36M |
|
61
Royal Bank of Canada
RY
$205B
| $654M | 0.33% | 12,252,704 +28,627 | +0.2% | +$1.53M |
|
62
Lowe's Companies
LOW
$145B
| $630M | 0.31% | 8,282,585 +379,736 | +5% | +$28.9M |
|
63
Toronto Dominion Bank
TD
$128B
| $619M | 0.31% | 15,861,834 +357,817 | +2% | +$14M |
|
64
NextEra Energy, Inc.
NEE
$148B
| $618M | 0.31% | 5,948,866 +444,208 | +8% | +$46.1M |
|
65
Prologis
PLD
$106B
| $617M | 0.31% | 14,373,927 -71,599 | -0.5% | -$3.07M |
|
66
Biogen
BIIB
$19.4B
| $596M | 0.3% | 1,946,875 -29,055 | -1% | -$8.9M |
|
67
Costco
COST
$418B
| $591M | 0.29% | 3,657,995 +93,226 | +3% | +$15.1M |
|
68
Accenture
ACN
$162B
| $569M | 0.28% | 5,449,104 +483,550 | +10% | +$50.5M |
|
69
US Bancorp
USB
$76B
| $568M | 0.28% | 13,311,085 -97,753 | -0.7% | -$4.17M |
|
70
Danaher
DHR
$147B
| $566M | 0.28% | 6,095,437 +32,416 | +0.5% | +$3.01M |
|
71
United Parcel Service
UPS
$74.1B
| $563M | 0.28% | 5,851,395 +91,851 | +2% | +$8.84M |
|
72
Union Pacific
UNP
$133B
| $555M | 0.28% | 7,101,190 +297,417 | +4% | +$23.3M |
|
73
Abbott
ABT
$231B
| $553M | 0.28% | 12,321,163 -392,309 | -3% | -$17.6M |
|
|
74
Nike
NKE
$114B
| $549M | 0.27% | 8,790,160 +4,758,674 | +118% | +$297M |
|
75
ConocoPhillips
COP
$124B
| $547M | 0.27% | 11,712,635 +745,834 | +7% | +$34.8M |
|