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 |
Amazon
AMZN
|
$9.34B |
| 2 |
Microsoft
MSFT
|
$1.54B |
| 3 |
Apple
AAPL
|
$1.46B |
| 4 |
Meta Platforms (Facebook)
META
|
$984M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$712M |
Top Sells
| 1 |
Chevron
CVX
|
$355M |
| 2 |
T-Mobile US
TMUS
|
$350M |
| 3 |
ACC
American Campus Communities, Inc.
ACC
|
$306M |
| 4 |
CERN
Cerner Corp
CERN
|
$279M |
| 5 |
Exxon Mobil
XOM
|
$279M |
Sector Composition
| 1 | Technology | 23.7% |
| 2 | Financials | 14.37% |
| 3 | Healthcare | 14.2% |
| 4 | Consumer Discretionary | 10.56% |
| 5 | Communication Services | 8.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
AT&T
T
$209B
| $1.49B | 0.39% | 71,160,150 -1,852,928 | -3% | -$38.8M |
|
52
Walt Disney
DIS
$213B
| $1.47B | 0.38% | 15,560,740 +920,495 | +6% | +$86.9M |
|
53
Toronto Dominion Bank
TD
$128B
| $1.43B | 0.37% | 21,787,612 -225,105 | -1% | -$14.8M |
|
54
Texas Instruments
TXN
$184B
| $1.42B | 0.37% | 9,235,565 +763,192 | +9% | +$117M |
|
55
Welltower
WELL
$113B
| $1.39B | 0.36% | 16,847,350 +1,287,509 | +8% | +$106M |
|
56
RTX Corp
RTX
$212B
| $1.38B | 0.36% | 14,374,014 -363,555 | -2% | -$34.9M |
|
57
Arthur J. Gallagher & Co
AJG
$77.6B
| $1.3B | 0.34% | 8,001,813 +344,011 | +4% | +$56.1M |
|
58
CVS Health
CVS
$92.8B
| $1.28B | 0.33% | 13,838,870 +305,377 | +2% | +$28.3M |
|
59
Advanced Micro Devices
AMD
$264B
| $1.26B | 0.33% | 16,523,618 +1,813,525 | +12% | +$139M |
|
60
Invitation Homes
INVH
$19.2B
| $1.26B | 0.32% | 35,326,879 +5,343,015 | +18% | +$190M |
|
61
Nike
NKE
$114B
| $1.24B | 0.32% | 12,180,849 +475,637 | +4% | +$48.6M |
|
62
Lowe's Companies
LOW
$145B
| $1.24B | 0.32% | 7,106,632 +326,025 | +5% | +$56.9M |
|
63
Union Pacific
UNP
$133B
| $1.21B | 0.31% | 5,685,662 -145,167 | -2% | -$31M |
|
64
United Parcel Service
UPS
$74.1B
| $1.2B | 0.31% | 6,574,440 -51,227 | -0.8% | -$9.35M |
|
65
AvalonBay Communities
AVB
$27.9B
| $1.15B | 0.3% | 5,936,186 | – | – |
|
66
Medtronic
MDT
$119B
| $1.14B | 0.29% | 12,663,556 -542,231 | -4% | -$48.7M |
|
67
Morgan Stanley
MS
$240B
| $1.12B | 0.29% | 14,661,870 -1,016,613 | -6% | -$77.3M |
|
68
IBM
IBM
$227B
| $1.1B | 0.28% | 7,787,893 +304,846 | +4% | +$43M |
|
69
Intuit
INTU
$186B
| $1.09B | 0.28% | 2,818,454 +387,300 | +16% | +$149M |
|
70
Elevance Health
ELV
$71.8B
| $1.08B | 0.28% | 2,238,027 -73,800 | -3% | -$35.6M |
|
71
Boston Properties
BXP
$11.5B
| $1.07B | 0.28% | 12,050,159 | – | – |
|
72
S&P Global
SPGI
$167B
| $1.05B | 0.27% | 3,115,787 -120,853 | -4% | -$40.7M |
|
73
American Tower
AMT
$95.5B
| $1.02B | 0.26% | 3,991,578 +125,256 | +3% | +$32M |
|
74
Regency Centers
REG
$13.2B
| $960M | 0.25% | 16,179,323 | – | – |
|
75
Canadian Pacific Kansas City
CP
$69.9B
| $936M | 0.24% | 13,399,411 +1,486,656 | +12% | +$104M |
|