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 |
Alibaba
BABA
|
$468M |
| 2 |
Boston Properties
BXP
|
$381M |
| 3 |
Verizon
VZ
|
$324M |
| 4 |
Vornado Realty Trust
VNO
|
$289M |
| 5 |
Intuitive Surgical
ISRG
|
$233M |
Top Sells
| 1 |
Blackrock
BLK
|
$612M |
| 2 |
Nucor
NUE
|
$315M |
| 3 |
Ameriprise Financial
AMP
|
$314M |
| 4 |
Aflac
AFL
|
$220M |
| 5 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
$215M |
Sector Composition
| 1 | Financials | 18.89% |
| 2 | Technology | 16.08% |
| 3 | Healthcare | 12.94% |
| 4 | Consumer Discretionary | 10.19% |
| 5 | Communication Services | 9.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Qualcomm
QCOM
$173B
| $930M | 0.33% | 14,526,271 +317,497 | +2% | +$20.3M |
|
52
Schlumberger
SLB
$55B
| $920M | 0.33% | 13,656,095 -286,266 | -2% | -$19.3M |
|
53
Bristol-Myers Squibb
BMY
$96B
| $910M | 0.33% | 14,854,823 | – | – |
|
54
Gilead Sciences
GILD
$140B
| $898M | 0.32% | 12,539,377 | – | – |
|
55
RTX Corp
RTX
$212B
| $879M | 0.32% | 6,889,039 -250,000 | -4% | -$31.9M |
|
|
56
Ameriprise Financial
AMP
$48.5B
| $871M | 0.31% | 5,138,856 -1,855,329 | -27% | -$314M |
|
57
Accenture
ACN
$162B
| $869M | 0.31% | 5,675,948 +48,622 | +0.9% | +$7.44M |
|
58
Broadcom
AVGO
$1.4T
| $863M | 0.31% | 3,360,331 +176,437 | +6% | +$45.3M |
|
59
Thermo Fisher Scientific
TMO
$186B
| $814M | 0.29% | 4,285,893 -87,433 | -2% | -$16.6M |
|
60
Caterpillar
CAT
$196B
| $802M | 0.29% | 5,087,334 +560,000 | +12% | +$88.2M |
|
61
Scotiabank
BNS
$77.6B
| $797M | 0.29% | 12,316,297 +116,710 | +1% | +$7.56M |
|
62
US Bancorp
USB
$76B
| $795M | 0.29% | 14,841,051 -610,980 | -4% | -$32.7M |
|
63
American International
AIG
$45.1B
| $790M | 0.28% | 13,260,962 +1,210,357 | +10% | +$72.1M |
|
64
Adobe
ADBE
$151B
| $777M | 0.28% | 4,434,404 +22,703 | +0.5% | +$3.98M |
|
65
Equinix
EQIX
$76.9B
| $766M | 0.27% | 1,690,881 -374,800 | -18% | -$170M |
|
66
Booking.com
BKNG
$181B
| $754M | 0.27% | 433,753 | – | – |
|
67
Eli Lilly
LLY
$657B
| $749M | 0.27% | 8,863,296 -733,533 | -8% | -$62M |
|
68
PayPal
PYPL
$67.1B
| $746M | 0.27% | 10,126,929 +390,392 | +4% | +$28.7M |
|
69
CVS Health
CVS
$92.8B
| $742M | 0.27% | 10,227,921 -140,864 | -1% | -$10.2M |
|
70
Lowe's Companies
LOW
$145B
| $734M | 0.26% | 7,897,159 -133,302 | -2% | -$12.4M |
|
71
Costco
COST
$418B
| $730M | 0.26% | 3,919,787 +65,121 | +2% | +$12.1M |
|
72
American Express
AXP
$231B
| $720M | 0.26% | 7,249,424 -564,632 | -7% | -$56.1M |
|
73
Nike
NKE
$114B
| $718M | 0.26% | 11,481,342 -429,200 | -4% | -$26.8M |
|
|
CELG
74
DELISTED
Celgene Corp
CELG
| $712M | 0.26% | 6,819,580 +19,138 | +0.3% | +$2M |
|
75
Starbucks
SBUX
$100B
| $711M | 0.26% | 12,386,046 | – | – |
|