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 |
Alphabet (Google) Class A
GOOGL
|
$9.11B |
| 2 |
Tesla
TSLA
|
$4.84B |
| 3 |
Alphabet (Google) Class C
GOOG
|
$2.05B |
| 4 |
Apple
AAPL
|
$653M |
| 5 |
Microsoft
MSFT
|
$626M |
Top Sells
| 1 |
Cigna
CI
|
$510M |
| 2 |
UBS Group
UBS
|
$378M |
| 3 |
Morgan Stanley
MS
|
$281M |
| 4 |
Autodesk
ADSK
|
$241M |
| 5 |
AstraZeneca
AZN
|
$241M |
Sector Composition
| 1 | Technology | 23.59% |
| 2 | Financials | 14.36% |
| 3 | Healthcare | 14.17% |
| 4 | Consumer Discretionary | 11.44% |
| 5 | Communication Services | 8.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Adobe
ADBE
$151B
| $1.38B | 0.37% | 5,031,820 +213,099 | +4% | +$58.6M |
|
52
CVS Health
CVS
$92.8B
| $1.38B | 0.37% | 14,436,003 +597,133 | +4% | +$56.9M |
|
53
Toronto Dominion Bank
TD
$128B
| $1.36B | 0.36% | 22,231,174 +443,562 | +2% | +$27.2M |
|
54
Lowe's Companies
LOW
$145B
| $1.34B | 0.36% | 7,147,706 +41,074 | +0.6% | +$7.71M |
|
55
Arthur J. Gallagher & Co
AJG
$77.6B
| $1.31B | 0.35% | 7,627,298 -374,515 | -5% | -$64.1M |
|
56
Invitation Homes
INVH
$19.2B
| $1.24B | 0.33% | 36,760,776 +1,433,897 | +4% | +$48.4M |
|
57
RTX Corp
RTX
$212B
| $1.23B | 0.33% | 14,980,375 +606,361 | +4% | +$49.6M |
|
58
Netflix
NFLX
$513B
| $1.17B | 0.31% | 4,967,320 -276,174 | -5% | -$65M |
|
59
Charles Schwab
SCHW
$174B
| $1.15B | 0.31% | 15,998,167 +1,264,185 | +9% | +$90.9M |
|
60
AvalonBay Communities
AVB
$27.9B
| $1.14B | 0.3% | 6,200,778 +264,592 | +4% | +$48.7M |
|
61
PayPal
PYPL
$67.1B
| $1.14B | 0.3% | 13,209,683 +1,447,090 | +12% | +$125M |
|
62
Intuit
INTU
$186B
| $1.13B | 0.3% | 2,905,875 +87,421 | +3% | +$33.9M |
|
63
Union Pacific
UNP
$133B
| $1.11B | 0.3% | 5,708,591 +22,929 | +0.4% | +$4.47M |
|
64
Welltower
WELL
$113B
| $1.08B | 0.29% | 16,847,350 | – | – |
|
65
Amgen
AMGN
$155B
| $1.08B | 0.29% | 4,795,544 +1,956,878 | +69% | +$441M |
|
66
United Parcel Service
UPS
$74.1B
| $1.07B | 0.28% | 6,631,914 +57,474 | +0.9% | +$9.28M |
|
67
AT&T
T
$209B
| $1.06B | 0.28% | 69,423,551 -1,736,599 | -2% | -$26.6M |
|
68
Advanced Micro Devices
AMD
$264B
| $1.06B | 0.28% | 16,801,153 +277,535 | +2% | +$17.6M |
|
69
Medtronic
MDT
$119B
| $1.06B | 0.28% | 13,175,643 +512,087 | +4% | +$41.4M |
|
70
Elevance Health
ELV
$71.8B
| $1.04B | 0.28% | 2,284,301 +46,274 | +2% | +$21M |
|
71
Intel
INTC
$107B
| $1.02B | 0.27% | 39,581,308 -1,811,578 | -4% | -$46.7M |
|
72
Deere & Co
DE
$129B
| $1.02B | 0.27% | 3,045,565 +79,040 | +3% | +$26.4M |
|
73
Starbucks
SBUX
$100B
| $996M | 0.26% | 11,819,549 +1,185,270 | +11% | +$99.9M |
|
74
Canadian Pacific Kansas City
CP
$69.9B
| $987M | 0.26% | 14,796,517 +1,397,106 | +10% | +$93.2M |
|
75
S&P Global
SPGI
$167B
| $962M | 0.26% | 3,151,123 +35,336 | +1% | +$10.8M |
|