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 |
NextEra Energy, Inc.
NEE
|
$1.79B |
| 2 |
QuantumScape
QS
|
$549M |
| 3 |
Meta Platforms (Facebook)
META
|
$443M |
| 4 |
Unilever
UL
|
$365M |
| 5 |
NetEase
NTES
|
$363M |
Top Sells
| 1 |
American International
AIG
|
$389M |
| 2 |
UN
Unilever NV New York Registry Shares
UN
|
$368M |
| 3 |
VER
VEREIT, Inc.
VER
|
$355M |
| 4 |
Lear
LEA
|
$304M |
| 5 |
3M
MMM
|
$286M |
Sector Composition
| 1 | Technology | 23.45% |
| 2 | Consumer Discretionary | 14.21% |
| 3 | Financials | 13.77% |
| 4 | Healthcare | 12.84% |
| 5 | Communication Services | 10.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Qualcomm
QCOM
$171B
| $1.64B | 0.38% |
10,757,310
-226,314
| -2% | -$34.5M |
|
52
Danaher
DHR
$146B
| $1.63B | 0.38% |
7,353,674
-143,743
| -2% | -$31.9M |
|
53
McDonald's
MCD
$225B
| $1.62B | 0.38% |
7,531,953
+237,909
| +3% | +$51.1M |
|
54
Texas Instruments
TXN
$182B
| $1.59B | 0.37% |
9,691,751
-65,389
| -0.7% | -$10.7M |
|
55
Accenture
ACN
$160B
| $1.58B | 0.37% |
6,040,100
-266,519
| -4% | -$69.6M |
|
56
Bristol-Myers Squibb
BMY
$96.5B
| $1.52B | 0.35% |
24,467,302
+1,845,747
| +8% | +$114M |
|
57
Blackrock
BLK
$173B
| $1.52B | 0.35% |
2,100,113
-160,577
| -7% | -$116M |
|
58
Eli Lilly
LLY
$659B
| $1.46B | 0.34% |
8,666,743
+28,940
| +0.3% | +$4.89M |
|
59
Union Pacific
UNP
$132B
| $1.4B | 0.33% |
6,739,322
-38,503
| -0.6% | -$8.02M |
|
60
Royal Bank of Canada
RY
$204B
| $1.33B | 0.31% |
16,206,021
+286,602
| +2% | +$23.5M |
|
61
Amgen
AMGN
$154B
| $1.3B | 0.3% |
5,666,224
+92,206
| +2% | +$21.2M |
|
62
Morgan Stanley
MS
$238B
| $1.3B | 0.3% |
18,923,088
+4,888,981
| +35% | +$335M |
|
63
Lowe's Companies
LOW
$145B
| $1.29B | 0.3% |
8,008,502
+45,878
| +0.6% | +$7.36M |
|
64
Starbucks
SBUX
$102B
| $1.24B | 0.29% |
11,632,077
-23,467
| -0.2% | -$2.51M |
|
65
Boston Properties
BXP
$11.5B
| $1.23B | 0.29% |
13,037,554
| – | – |
|
66
Toronto Dominion Bank
TD
$127B
| $1.21B | 0.28% |
21,477,344
-66,226
| -0.3% | -$3.74M |
|
67
Shopify
SHOP
$181B
| $1.17B | 0.27% |
1,034,555
+48,622
| +5% | +$55M |
|
68
Wells Fargo
WFC
$262B
| $1.12B | 0.26% |
37,190,386
-8,202,747
| -18% | -$248M |
|
69
IBM
IBM
$225B
| $1.12B | 0.26% |
8,865,649
+243,795
| +3% | +$30.7M |
|
70
Oracle
ORCL
$633B
| $1.11B | 0.26% |
17,125,394
-1,880,336
| -10% | -$122M |
|
71
Applied Materials
AMAT
$126B
| $1.1B | 0.26% |
12,706,180
+702,324
| +6% | +$60.6M |
|
72
United Parcel Service
UPS
$72.2B
| $1.09B | 0.26% |
6,496,580
+538,691
| +9% | +$90.7M |
|
73
RTX Corp
RTX
$212B
| $1.09B | 0.25% |
15,232,485
+261,161
| +2% | +$18.7M |
|
74
Autodesk
ADSK
$68.3B
| $1.05B | 0.25% |
3,454,175
+541,594
| +19% | +$165M |
|
75
Eaton
ETN
$134B
| $1.05B | 0.24% |
8,699,891
+111,039
| +1% | +$13.3M |
|