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 |
RTN
Raytheon Company
RTN
|
$348M |
| 2 |
Citigroup
C
|
$219M |
| 3 |
Travelers Companies
TRV
|
$219M |
| 4 |
Alphabet (Google) Class C
GOOG
|
$214M |
| 5 |
Parker-Hannifin
PH
|
$186M |
Top Sells
| 1 |
Broadcom
AVGO
|
$558M |
| 2 |
LyondellBasell Industries
LYB
|
$499M |
| 3 |
Hilton Worldwide
HLT
|
$327M |
| 4 |
Apple
AAPL
|
$286M |
| 5 |
Visa
V
|
$259M |
Sector Composition
| 1 | Financials | 19.74% |
| 2 | Technology | 14.09% |
| 3 | Healthcare | 13.06% |
| 4 | Industrials | 9.38% |
| 5 | Consumer Discretionary | 9.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Medtronic
MDT
$118B
| $757M | 0.33% |
10,632,090
-5,616
| -0.1% | -$400K |
|
52
RTX Corp
RTX
$212B
| $741M | 0.32% |
6,758,550
-208,757
| -3% | -$22.9M |
|
53
Mondelez International
MDLZ
$79.3B
| $739M | 0.32% |
16,661,894
+3,388,734
| +26% | +$150M |
|
54
US Bancorp
USB
$75.5B
| $737M | 0.32% |
14,343,383
+276,303
| +2% | +$14.2M |
|
55
Toronto Dominion Bank
TD
$128B
| $726M | 0.32% |
14,699,489
+378,411
| +3% | +$18.7M |
|
56
Texas Instruments
TXN
$178B
| $718M | 0.31% |
9,834,692
-50,604
| -0.5% | -$3.69M |
|
57
Kraft Heinz
KHC
$31.9B
| $716M | 0.31% |
8,195,812
+12,296
| +0.2% | +$1.07M |
|
58
Equinix
EQIX
$74.6B
| $704M | 0.31% |
1,968,679
+150,858
| +8% | +$53.9M |
|
59
United Parcel Service
UPS
$72.3B
| $697M | 0.3% |
6,076,101
-509,352
| -8% | -$58.4M |
|
|
CELG
60
DELISTED
Celgene Corp
CELG
| $694M | 0.3% |
5,996,647
+422,756
| +8% | +$48.9M |
|
|
AGN
61
DELISTED
Allergan plc
AGN
| $682M | 0.3% |
3,249,054
+227,867
| +8% | +$47.9M |
|
62
Starbucks
SBUX
$99.2B
| $680M | 0.3% |
12,254,589
+432,779
| +4% | +$24M |
|
63
NextEra Energy, Inc.
NEE
$148B
| $679M | 0.3% |
5,681,925
-65,321
| -1% | -$7.8M |
|
|
GGP
64
DELISTED
GGP Inc.
GGP
| $675M | 0.3% |
27,015,789
| – | – |
|
65
Scotiabank
BNS
$78.1B
| $672M | 0.29% |
12,062,129
-39,495
| -0.3% | -$2.2M |
|
66
Eli Lilly
LLY
$661B
| $659M | 0.29% |
8,957,941
-210,639
| -2% | -$15.5M |
|
|
WBA
67
DELISTED
Walgreens Boots Alliance
WBA
| $650M | 0.28% |
7,851,772
+711,564
| +10% | +$58.9M |
|
68
Accenture
ACN
$158B
| $650M | 0.28% |
5,545,491
-308,937
| -5% | -$36.2M |
|
69
American Express
AXP
$225B
| $617M | 0.27% |
8,326,195
+657,131
| +9% | +$48.7M |
|
70
Aptiv
APTV
$17.3B
| $609M | 0.27% |
9,036,328
-577,282
| -6% | -$38.9M |
|
71
Biogen
BIIB
$20.8B
| $604M | 0.26% |
2,129,658
+83,456
| +4% | +$23.7M |
|
72
Abbott
ABT
$230B
| $599M | 0.26% |
15,592,211
+1,046,856
| +7% | +$40.2M |
|
|
TWX
73
DELISTED
Time Warner Inc
TWX
| $592M | 0.26% |
6,132,607
-58,802
| -0.9% | -$5.68M |
|
|
74
Broadcom
AVGO
$1.42T
| $589M | 0.26% |
3,332,306
-3,154,559
| -49% | -$558M |
|
75
Suncor Energy
SU
$49.3B
| $578M | 0.25% |
17,654,843
+434,979
| +3% | +$14.2M |
|