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
|
$424M |
| 2 |
Ameriprise Financial
AMP
|
$233M |
| 3 |
Verizon
VZ
|
$231M |
| 4 |
Broadcom
AVGO
|
$219M |
| 5 |
UBS Group
UBS
|
$217M |
Top Sells
| 1 |
Comcast
CMCSA
|
$680M |
| 2 |
Prologis
PLD
|
$434M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
$291M |
| 4 |
Macerich
MAC
|
$291M |
| 5 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
$280M |
Sector Composition
| 1 | Financials | 18.2% |
| 2 | Technology | 14.08% |
| 3 | Healthcare | 13.56% |
| 4 | Consumer Discretionary | 9.91% |
| 5 | Communication Services | 9.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Mastercard
MA
$538B
| $740M | 0.36% | 7,828,314 -57,998 | -0.7% | -$5.48M |
|
52
NextEra Energy, Inc.
NEE
$148B
| $737M | 0.36% | 6,230,176 +281,310 | +5% | +$33.3M |
|
53
Qualcomm
QCOM
$173B
| $707M | 0.35% | 13,815,707 -37,929 | -0.3% | -$1.94M |
|
54
Aon
AON
$79.1B
| $691M | 0.34% | 6,620,063 -592,051 | -8% | -$61.8M |
|
55
Starbucks
SBUX
$100B
| $659M | 0.32% | 11,041,245 -33,636 | -0.3% | -$2.01M |
|
56
Royal Bank of Canada
RY
$205B
| $656M | 0.32% | 11,344,104 -908,600 | -7% | -$52.6M |
|
57
Eli Lilly
LLY
$657B
| $654M | 0.32% | 9,088,129 -67,935 | -0.7% | -$4.89M |
|
58
Teva Pharmaceuticals
TEVA
$21.1B
| $636M | 0.31% | 11,879,795 +1,492,054 | +14% | +$79.8M |
|
59
Accenture
ACN
$162B
| $633M | 0.31% | 5,485,875 +36,771 | +0.7% | +$4.24M |
|
60
Toronto Dominion Bank
TD
$128B
| $630M | 0.31% | 14,532,310 -1,329,524 | -8% | -$57.6M |
|
61
Lowe's Companies
LOW
$145B
| $619M | 0.3% | 8,175,167 -107,418 | -1% | -$8.14M |
|
62
United Parcel Service
UPS
$74.1B
| $618M | 0.3% | 5,861,114 +9,719 | +0.2% | +$1.03M |
|
63
Scotiabank
BNS
$77.6B
| $617M | 0.3% | 12,571,644 +1,295,891 | +11% | +$63.6M |
|
|
WBA
64
DELISTED
Walgreens Boots Alliance
WBA
| $612M | 0.3% | 7,259,397 -423,848 | -6% | -$35.7M |
|
65
Costco
COST
$418B
| $607M | 0.3% | 3,852,146 +194,151 | +5% | +$30.6M |
|
66
Nike
NKE
$114B
| $589M | 0.29% | 9,573,797 +783,637 | +9% | +$48.2M |
|
67
Loews
L
$20.1B
| $577M | 0.28% | 15,078,876 +3,341,364 | +28% | +$128M |
|
68
Union Pacific
UNP
$133B
| $569M | 0.28% | 7,158,209 +57,019 | +0.8% | +$4.54M |
|
69
Boston Properties
BXP
$11.5B
| $568M | 0.28% | 4,471,362 +1,000,000 | +29% | +$127M |
|
|
CELG
70
DELISTED
Celgene Corp
CELG
| $565M | 0.28% | 5,646,499 -313,029 | -5% | -$31.3M |
|
|
TWC
71
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $559M | 0.28% | 2,733,937 +535,549 | +24% | +$110M |
|
72
Kraft Heinz
KHC
$33.1B
| $552M | 0.27% | 7,023,955 +1,361,564 | +24% | +$107M |
|
73
Mondelez International
MDLZ
$79.5B
| $551M | 0.27% | 13,737,954 -1,179,377 | -8% | -$47.3M |
|
74
US Bancorp
USB
$76B
| $550M | 0.27% | 13,548,098 +237,013 | +2% | +$9.62M |
|
75
Danaher
DHR
$147B
| $546M | 0.27% | 5,761,007 -334,430 | -5% | -$31.7M |
|