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 C
GOOG
|
$1.03B |
| 2 |
Apple
AAPL
|
$1B |
| 3 |
Microsoft
MSFT
|
$818M |
| 4 |
Cigna
CI
|
$642M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
$491M |
Top Sells
| 1 |
T-Mobile US
TMUS
|
$534M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
$469M |
| 3 |
TWTR
Twitter, Inc.
TWTR
|
$388M |
| 4 |
DRE
Duke Realty Corp.
DRE
|
$358M |
| 5 |
IBM
IBM
|
$216M |
Sector Composition
| 1 | Technology | 22.99% |
| 2 | Healthcare | 15.11% |
| 3 | Financials | 15% |
| 4 | Consumer Discretionary | 10.13% |
| 5 | Industrials | 8.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Toronto Dominion Bank
TD
$128B
| $1.48B | 0.36% | 22,923,735 +692,561 | +3% | +$44.8M |
|
52
Qualcomm
QCOM
$173B
| $1.47B | 0.35% | 13,346,831 +587,800 | +5% | +$64.6M |
|
53
Lowe's Companies
LOW
$145B
| $1.46B | 0.35% | 7,334,203 +186,497 | +3% | +$37.2M |
|
54
Walt Disney
DIS
$213B
| $1.43B | 0.35% | 16,494,876 +118,015 | +0.7% | +$10.3M |
|
55
Arthur J. Gallagher & Co
AJG
$77.6B
| $1.43B | 0.35% | 7,594,081 -33,217 | -0.4% | -$6.26M |
|
56
CVS Health
CVS
$92.8B
| $1.43B | 0.34% | 15,295,808 +859,805 | +6% | +$80.1M |
|
57
Salesforce
CRM
$245B
| $1.42B | 0.34% | 10,712,577 -671,094 | -6% | -$89M |
|
58
Oracle
ORCL
$635B
| $1.41B | 0.34% | 17,248,539 +2,588,862 | +18% | +$212M |
|
59
Amgen
AMGN
$155B
| $1.35B | 0.33% | 5,146,885 +351,341 | +7% | +$92.3M |
|
60
Nike
NKE
$114B
| $1.35B | 0.32% | 11,496,478 +925,557 | +9% | +$108M |
|
61
Deere & Co
DE
$129B
| $1.33B | 0.32% | 3,093,051 +47,486 | +2% | +$20.4M |
|
62
Charles Schwab
SCHW
$174B
| $1.33B | 0.32% | 15,920,665 -77,502 | -0.5% | -$6.45M |
|
63
Union Pacific
UNP
$133B
| $1.28B | 0.31% | 6,164,573 +455,982 | +8% | +$94.4M |
|
64
United Parcel Service
UPS
$74.1B
| $1.26B | 0.3% | 7,222,866 +590,952 | +9% | +$103M |
|
65
Elevance Health
ELV
$71.8B
| $1.25B | 0.3% | 2,443,049 +158,748 | +7% | +$81.4M |
|
66
Advanced Micro Devices
AMD
$264B
| $1.25B | 0.3% | 19,331,023 +2,529,870 | +15% | +$164M |
|
67
AT&T
T
$209B
| $1.23B | 0.3% | 66,784,322 -2,639,229 | -4% | -$48.6M |
|
68
Starbucks
SBUX
$100B
| $1.22B | 0.29% | 12,327,931 +508,382 | +4% | +$50.4M |
|
69
Caterpillar
CAT
$196B
| $1.18B | 0.28% | 4,905,890 +129,894 | +3% | +$31.1M |
|
70
Intuit
INTU
$186B
| $1.17B | 0.28% | 3,014,921 +109,046 | +4% | +$42.4M |
|
71
Canadian Pacific Kansas City
CP
$69.9B
| $1.14B | 0.27% | 15,239,785 +443,268 | +3% | +$33.1M |
|
72
Invitation Homes
INVH
$19.2B
| $1.13B | 0.27% | 38,026,599 +1,265,823 | +3% | +$37.5M |
|
73
Gilead Sciences
GILD
$140B
| $1.12B | 0.27% | 12,989,939 -135,591 | -1% | -$11.6M |
|
74
S&P Global
SPGI
$167B
| $1.11B | 0.27% | 3,322,790 +171,667 | +5% | +$57.5M |
|
75
Welltower
WELL
$113B
| $1.1B | 0.27% | 16,854,773 +7,423 | +0% | +$487K |
|