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
|
$775M |
| 2 |
Vornado Realty Trust
VNO
|
$316M |
| 3 |
Equity Residential
EQR
|
$296M |
| 4 |
Amazon
AMZN
|
$225M |
| 5 |
Fiserv
FI
|
$140M |
Top Sells
| 1 |
UBS Group
UBS
|
$255M |
| 2 |
Aptiv
APTV
|
$251M |
| 3 |
TechnipFMC
FTI
|
$230M |
| 4 |
Apple
AAPL
|
$209M |
| 5 |
Alcoa
AA
|
$182M |
Sector Composition
| 1 | Financials | 18.71% |
| 2 | Technology | 17.18% |
| 3 | Healthcare | 12.82% |
| 4 | Consumer Discretionary | 10.94% |
| 5 | Communication Services | 9.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Adobe
ADBE
$147B
| $991M | 0.36% |
4,585,043
+150,639
| +3% | +$32.6M |
|
52
Texas Instruments
TXN
$182B
| $969M | 0.35% |
9,326,069
-194,365
| -2% | -$20.2M |
|
53
Gilead Sciences
GILD
$140B
| $968M | 0.35% |
12,833,872
+294,495
| +2% | +$22.2M |
|
54
Medtronic
MDT
$120B
| $964M | 0.35% |
12,011,441
-140,865
| -1% | -$11.3M |
|
55
Bristol-Myers Squibb
BMY
$96.5B
| $954M | 0.35% |
15,076,577
+221,754
| +1% | +$14M |
|
56
Booking.com
BKNG
$178B
| $947M | 0.34% |
455,036
+21,283
| +5% | +$44.3M |
|
57
RTX Corp
RTX
$212B
| $907M | 0.33% |
7,204,784
+315,745
| +5% | +$39.7M |
|
58
Schlumberger
SLB
$53.6B
| $871M | 0.32% |
13,442,114
-213,981
| -2% | -$13.9M |
|
59
Broadcom
AVGO
$1.4T
| $866M | 0.31% |
3,675,590
+315,259
| +9% | +$74.3M |
|
60
Accenture
ACN
$160B
| $854M | 0.31% |
5,560,481
-115,467
| -2% | -$17.7M |
|
61
Salesforce
CRM
$242B
| $849M | 0.31% |
7,302,403
+890,846
| +14% | +$104M |
|
62
Thermo Fisher Scientific
TMO
$184B
| $826M | 0.3% |
4,002,079
-283,814
| -7% | -$58.6M |
|
63
Morgan Stanley
MS
$238B
| $794M | 0.29% |
14,708,515
+1,408,390
| +11% | +$76M |
|
64
Scotiabank
BNS
$77.2B
| $793M | 0.29% |
12,881,503
+565,206
| +5% | +$34.8M |
|
65
PayPal
PYPL
$66.2B
| $776M | 0.28% |
10,221,807
+94,878
| +0.9% | +$7.2M |
|
66
Qualcomm
QCOM
$171B
| $775M | 0.28% |
13,985,210
-541,061
| -4% | -$30M |
|
67
Ameriprise Financial
AMP
$48.3B
| $767M | 0.28% |
5,184,430
+45,574
| +0.9% | +$6.74M |
|
68
Nike
NKE
$110B
| $763M | 0.28% |
11,481,342
| – | – |
|
69
US Bancorp
USB
$75.5B
| $751M | 0.27% |
14,878,595
+37,544
| +0.3% | +$1.9M |
|
70
Starbucks
SBUX
$102B
| $741M | 0.27% |
12,798,422
+412,376
| +3% | +$23.9M |
|
71
Costco
COST
$416B
| $732M | 0.27% |
3,887,231
-32,556
| -0.8% | -$6.13M |
|
72
Caterpillar
CAT
$195B
| $731M | 0.26% |
4,957,161
-130,173
| -3% | -$19.2M |
|
73
ConocoPhillips
COP
$124B
| $720M | 0.26% |
12,137,415
+237,043
| +2% | +$14.1M |
|
74
PNC Financial Services
PNC
$80.9B
| $719M | 0.26% |
4,753,221
+288,859
| +6% | +$43.7M |
|
75
Lear
LEA
$5.85B
| $714M | 0.26% |
3,837,834
+174,307
| +5% | +$32.4M |
|