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 |
Walmart
WMT
|
$839M |
| 2 |
NKLA
Nikola Corporation Common Stock
NKLA
|
$675M |
| 3 |
T-Mobile US
TMUS
|
$630M |
| 4 |
Meta Platforms (Facebook)
META
|
$399M |
| 5 |
AbbVie
ABBV
|
$388M |
Top Sells
| 1 |
AGN
Allergan plc
AGN
|
$692M |
| 2 |
RTN
Raytheon Company
RTN
|
$368M |
| 3 |
Bristol-Myers Squibb
BMY
|
$275M |
| 4 |
Visa
V
|
$251M |
| 5 |
Intel
INTC
|
$187M |
Sector Composition
| 1 | Technology | 22.85% |
| 2 | Healthcare | 13.58% |
| 3 | Financials | 13.55% |
| 4 | Consumer Discretionary | 13.35% |
| 5 | Communication Services | 10.14% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Accenture
ACN
$158B
| $1.35B | 0.39% |
6,309,374
+188,332
| +3% | +$40.4M |
|
|
52
Bristol-Myers Squibb
BMY
$95B
| $1.33B | 0.38% |
22,611,322
-4,670,591
| -17% | -$275M |
|
53
Amgen
AMGN
$151B
| $1.33B | 0.38% |
5,622,494
-556,359
| -9% | -$131M |
|
54
Texas Instruments
TXN
$170B
| $1.31B | 0.38% |
10,343,573
-96,444
| -0.9% | -$12.2M |
|
55
Nike
NKE
$111B
| $1.3B | 0.37% |
13,215,414
+396,059
| +3% | +$38.8M |
|
56
Medtronic
MDT
$119B
| $1.28B | 0.37% |
13,926,323
+835,616
| +6% | +$76.6M |
|
57
Danaher
DHR
$143B
| $1.26B | 0.36% |
8,040,337
-76,556
| -0.9% | -$12M |
|
58
Broadcom
AVGO
$1.44T
| $1.21B | 0.35% |
38,383,560
+1,828,280
| +5% | +$57.7M |
|
59
Boston Properties
BXP
$11.9B
| $1.18B | 0.34% |
13,037,554
| – | – |
|
60
Union Pacific
UNP
$132B
| $1.16B | 0.33% |
6,840,657
-4,963
| -0.1% | -$839K |
|
61
Royal Bank of Canada
RY
$206B
| $1.14B | 0.33% |
16,850,787
+1,496,229
| +10% | +$101M |
|
62
Oracle
ORCL
$626B
| $1.11B | 0.32% |
20,152,193
-766,801
| -4% | -$42.4M |
|
63
Lowe's Companies
LOW
$148B
| $1.09B | 0.31% |
8,032,686
-147,698
| -2% | -$20M |
|
64
IBM
IBM
$230B
| $1.07B | 0.31% |
9,287,805
+33,179
| +0.4% | +$3.83M |
|
65
Qualcomm
QCOM
$172B
| $1.05B | 0.3% |
11,489,112
+149,127
| +1% | +$13.6M |
|
66
Gilead Sciences
GILD
$140B
| $995M | 0.29% |
12,927,129
-1,259,512
| -9% | -$96.9M |
|
67
Wells Fargo
WFC
$262B
| $974M | 0.28% |
38,045,259
+2,271,241
| +6% | +$58.1M |
|
68
American Tower
AMT
$91.4B
| $974M | 0.28% |
3,765,675
-311,405
| -8% | -$80.5M |
|
69
RTX Corp
RTX
$212B
| $971M | 0.28% |
15,757,547
+2,507,442
| +19% | +$155M |
|
70
CVS Health
CVS
$93.5B
| $903M | 0.26% |
13,902,918
+971,699
| +8% | +$63.1M |
|
71
Toronto Dominion Bank
TD
$128B
| $861M | 0.25% |
19,287,425
+347,713
| +2% | +$15.5M |
|
72
Starbucks
SBUX
$98.9B
| $860M | 0.25% |
11,682,019
-711,096
| -6% | -$52.3M |
|
73
Shopify
SHOP
$189B
| $858M | 0.25% |
9,038,260
-577,760
| -6% | -$54.8M |
|
74
Sempra
SRE
$53.6B
| $807M | 0.23% |
13,765,476
+285,558
| +2% | +$16.7M |
|
75
Regeneron Pharmaceuticals
REGN
$60.1B
| $782M | 0.23% |
1,253,527
+433,272
| +53% | +$270M |
|