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 |
Starbucks
SBUX
|
$297M |
| 2 |
Wells Fargo
WFC
|
$292M |
| 3 |
AT&T
T
|
$281M |
| 4 |
Kilroy Realty
KRC
|
$258M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
$165M |
Top Sells
| 1 |
UBS Group
UBS
|
$2.59B |
| 2 |
Medtronic
MDT
|
$888M |
| 3 |
AGN
Allergan plc
AGN
|
$875M |
| 4 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
$360M |
| 5 |
Stellantis
STLA
|
$320M |
Sector Composition
| 1 | Financials | 18.12% |
| 2 | Technology | 14.12% |
| 3 | Healthcare | 13.56% |
| 4 | Consumer Discretionary | 9.53% |
| 5 | Industrials | 9.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Goldman Sachs
GS
$226B
| $519M | 0.26% | 2,486,845 +427,430 | +21% | +$89.2M |
|
77
Ford
F
$46.8B
| $517M | 0.26% | 34,415,334 +1,024,401 | +3% | +$15.4M |
|
78
Aon
AON
$79.1B
| $502M | 0.25% | 5,033,244 +173,092 | +4% | +$17.3M |
|
79
HP
HPQ
$26.7B
| $493M | 0.25% | 16,432,687 -90,992 | -0.6% | -$2.73M |
|
80
Occidental Petroleum
OXY
$46.9B
| $491M | 0.25% | 6,319,561 | – | – |
|
|
S
81
DELISTED
Sprint Corporation
S
| $488M | 0.24% | 106,914,902 +4,314,160 | +4% | +$19.7M |
|
82
Costco
COST
$418B
| $476M | 0.24% | 3,526,079 +41,298 | +1% | +$5.58M |
|
83
NextEra Energy, Inc.
NEE
$148B
| $475M | 0.24% | 4,848,381 +77,434 | +2% | +$7.59M |
|
|
EMC
84
DELISTED
EMC CORPORATION
EMC
| $469M | 0.23% | 17,778,942 -884,749 | -5% | -$23.3M |
|
|
TWC
85
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $466M | 0.23% | 2,618,131 +402,387 | +18% | +$71.7M |
|
86
Chubb
CB
$110B
| $464M | 0.23% | 4,565,722 +645,000 | +16% | +$65.6M |
|
87
Target
TGT
$43.6B
| $461M | 0.23% | 5,644,009 | – | – |
|
88
Kinder Morgan
KMI
$60B
| $460M | 0.23% | 11,980,441 +91,314 | +0.8% | +$3.51M |
|
89
LyondellBasell Industries
LYB
$18.1B
| $457M | 0.23% | 4,414,589 -67,669 | -2% | -$7.01M |
|
90
Accenture
ACN
$162B
| $454M | 0.23% | 4,692,808 -341,552 | -7% | -$33.1M |
|
|
PX
91
DELISTED
Praxair Inc
PX
| $449M | 0.22% | 3,754,934 +680,000 | +22% | +$81.3M |
|
92
Vornado Realty Trust
VNO
$7.3B
| $441M | 0.22% | 4,647,291 +1,101,468 | +31% | +$105M |
|
93
Texas Instruments
TXN
$184B
| $440M | 0.22% | 8,538,113 +123,397 | +1% | +$6.36M |
|
94
Booking.com
BKNG
$181B
| $437M | 0.22% | 379,941 +8,415 | +2% | +$9.69M |
|
95
Thermo Fisher Scientific
TMO
$186B
| $431M | 0.22% | 3,321,679 +121,862 | +4% | +$15.8M |
|
96
Nike
NKE
$114B
| $423M | 0.21% | 3,915,909 | – | – |
|
97
Boston Properties
BXP
$11.5B
| $420M | 0.21% | 3,471,362 +250,000 | +8% | +$30.3M |
|
98
McKesson
MCK
$85.4B
| $419M | 0.21% | 1,865,217 +55,137 | +3% | +$12.4M |
|
99
Macerich
MAC
$4.65B
| $412M | 0.21% | 5,528,570 +182,554 | +3% | +$13.6M |
|
|
AET
100
DELISTED
Aetna Inc
AET
| $410M | 0.2% | 3,213,139 +36,872 | +1% | +$4.7M |
|