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 |
Alcoa
AA
|
$128M |
| 2 |
WFT
Weatherford International plc
WFT
|
$124M |
| 3 |
Metallus
MTUS
|
$92.8M |
| 4 |
SWN
Southwestern Energy Company
SWN
|
$87.1M |
| 5 |
Liberty Media Series C
FWONK
|
$75.4M |
Top Sells
| 1 |
Apple
AAPL
|
$4.51B |
| 2 |
Blackrock
BLK
|
$3.87B |
| 3 |
Exxon Mobil
XOM
|
$2.99B |
| 4 |
Microsoft
MSFT
|
$2.9B |
| 5 |
Alphabet (Google) Class C
GOOG
|
$2.23B |
Sector Composition
| 1 | Financials | 18.12% |
| 2 | Technology | 13.88% |
| 3 | Healthcare | 12.74% |
| 4 | Energy | 9.57% |
| 5 | Industrials | 9.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Chubb
CB
$110B
| $468M | 0.25% | 4,458,772 -4,161,232 | -48% | -$436M |
|
77
Ford
F
$46.8B
| $466M | 0.25% | 31,521,101 -30,363,023 | -49% | -$449M |
|
78
Halliburton
HAL
$19.4B
| $454M | 0.25% | 7,044,885 -8,373,353 | -54% | -$540M |
|
79
American International
AIG
$45.1B
| $437M | 0.24% | 8,086,849 -7,906,929 | -49% | -$427M |
|
|
AGN
80
DELISTED
Allergan plc
AGN
| $432M | 0.23% | 1,789,764 -545,184 | -23% | -$132M |
|
|
APC
81
DELISTED
Anadarko Petroleum
APC
| $429M | 0.23% | 4,233,282 -4,982,772 | -54% | -$505M |
|
82
Bank of Montreal
BMO
$86.7B
| $427M | 0.23% | 5,794,057 -5,813,177 | -50% | -$429M |
|
|
WBA
83
DELISTED
Walgreens Boots Alliance
WBA
| $421M | 0.23% | 7,104,900 -6,774,486 | -49% | -$402M |
|
|
EMC
84
DELISTED
EMC CORPORATION
EMC
| $417M | 0.23% | 14,249,092 -14,353,240 | -50% | -$420M |
|
85
Booking.com
BKNG
$181B
| $416M | 0.23% | 359,321 -362,877 | -50% | -$420M |
|
|
ESRX
86
DELISTED
Express Scripts Holding Company
ESRX
| $410M | 0.22% | 5,811,281 -6,151,353 | -51% | -$434M |
|
87
Lowe's Companies
LOW
$145B
| $406M | 0.22% | 7,667,149 -7,918,849 | -51% | -$419M |
|
88
Costco
COST
$418B
| $400M | 0.22% | 3,191,497 -3,191,497 | -50% | -$400M |
|
89
NextEra Energy, Inc.
NEE
$148B
| $400M | 0.22% | 4,259,668 -4,259,668 | -50% | -$400M |
|
90
Accenture
ACN
$162B
| $394M | 0.21% | 4,849,403 -4,849,403 | -50% | -$394M |
|
91
Canadian National Railway
CNI
$60.4B
| $390M | 0.21% | 5,481,736 -5,577,730 | -50% | -$397M |
|
92
Starbucks
SBUX
$100B
| $388M | 0.21% | 5,148,275 -5,204,329 | -50% | -$393M |
|
|
AGN
93
DELISTED
ALLERGAN INC
AGN
| $388M | 0.21% | 2,175,033 -2,175,033 | -50% | -$388M |
|
94
Colgate-Palmolive
CL
$67.9B
| $375M | 0.2% | 5,756,799 -5,756,799 | -50% | -$375M |
|
95
EOG Resources
EOG
$68.2B
| $373M | 0.2% | 3,769,937 -3,578,311 | -49% | -$354M |
|
96
Boston Properties
BXP
$11.5B
| $373M | 0.2% | 3,221,362 -3,221,362 | -50% | -$373M |
|
97
FedEx
FDX
$54.5B
| $370M | 0.2% | 2,294,402 -2,418,308 | -51% | -$390M |
|
98
Macerich
MAC
$4.65B
| $370M | 0.2% | 5,800,394 -5,800,394 | -50% | -$370M |
|
99
Canadian Pacific Kansas City
CP
$69.9B
| $370M | 0.2% | 1,777,949 -1,777,949 | -50% | -$370M |
|
100
Canadian Natural Resources
CNQ
$65.9B
| $365M | 0.2% | 9,390,657 -9,064,489 | -49% | -$353M |
|