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
|
$196M |
| 2 |
Meta Platforms (Facebook)
META
|
$184M |
| 3 |
AT&T
T
|
$181M |
| 4 |
T-Mobile US
TMUS
|
$142M |
| 5 |
NIO
NIO
|
$138M |
Top Sells
| 1 |
GGP
GGP Inc.
GGP
|
$606M |
| 2 |
Oracle
ORCL
|
$212M |
| 3 |
Wells Fargo
WFC
|
$190M |
| 4 |
UBS Group
UBS
|
$187M |
| 5 |
Berkshire Hathaway Class A
BRK.A
|
$159M |
Sector Composition
| 1 | Technology | 17.98% |
| 2 | Financials | 17.19% |
| 3 | Healthcare | 13.99% |
| 4 | Consumer Discretionary | 11.37% |
| 5 | Communication Services | 9.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Scotiabank
BNS
$77.6B
| $760M | 0.25% | 12,758,660 -148,631 | -1% | -$8.85M |
|
77
Starbucks
SBUX
$100B
| $755M | 0.25% | 13,281,624 -350,993 | -3% | -$20M |
|
78
EOG Resources
EOG
$68.2B
| $736M | 0.24% | 5,770,972 +68,325 | +1% | +$8.72M |
|
79
American Express
AXP
$231B
| $730M | 0.24% | 6,852,633 +384,890 | +6% | +$41M |
|
80
Baidu
BIDU
$32.8B
| $721M | 0.23% | 3,154,308 +49,155 | +2% | +$11.2M |
|
81
Mondelez International
MDLZ
$79.5B
| $715M | 0.23% | 16,648,718 +149,776 | +0.9% | +$6.43M |
|
82
Sempra
SRE
$53.9B
| $714M | 0.23% | 6,277,295 +462,239 | +8% | +$52.6M |
|
83
Morgan Stanley
MS
$240B
| $692M | 0.22% | 14,856,308 +442,094 | +3% | +$20.6M |
|
84
Boston Scientific
BSX
$156B
| $689M | 0.22% | 17,895,253 +154,754 | +0.9% | +$5.96M |
|
85
Prudential Financial
PRU
$38.6B
| $687M | 0.22% | 6,778,941 +818,341 | +14% | +$82.9M |
|
|
CELG
86
DELISTED
Celgene Corp
CELG
| $684M | 0.22% | 7,639,644 +385,818 | +5% | +$34.5M |
|
87
Elevance Health
ELV
$71.8B
| $676M | 0.22% | 2,466,735 -3,693 | -0.1% | -$1.01M |
|
88
TJX Companies
TJX
$152B
| $671M | 0.22% | 5,987,391 +44,444 | +0.7% | +$4.98M |
|
|
AGN
89
DELISTED
Allergan plc
AGN
| $669M | 0.22% | 3,512,581 -120,547 | -3% | -$23M |
|
90
Ameriprise Financial
AMP
$48.5B
| $660M | 0.21% | 4,469,122 -767,897 | -15% | -$113M |
|
|
AET
91
DELISTED
Aetna Inc
AET
| $646M | 0.21% | 3,186,126 | – | – |
|
92
Suncor Energy
SU
$50.1B
| $638M | 0.21% | 16,507,432 -98,829 | -0.6% | -$3.82M |
|
|
WBA
93
DELISTED
Walgreens Boots Alliance
WBA
| $636M | 0.21% | 8,727,606 +539,087 | +7% | +$39.3M |
|
94
PNC Financial Services
PNC
$81.7B
| $635M | 0.21% | 4,662,652 -29,079 | -0.6% | -$3.96M |
|
95
Occidental Petroleum
OXY
$46.9B
| $610M | 0.2% | 7,421,864 +370,679 | +5% | +$30.5M |
|
96
Becton Dickinson
BDX
$55.3B
| $600M | 0.19% | 2,298,737 | – | – |
|
|
TFCF
97
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $597M | 0.19% | 13,026,815 -106,462 | -0.8% | -$4.88M |
|
98
Eaton
ETN
$136B
| $595M | 0.19% | 6,860,594 +460,817 | +7% | +$40M |
|
99
Intuitive Surgical
ISRG
$170B
| $595M | 0.19% | 1,036,434 +99,954 | +11% | +$57.4M |
|
|
100
T-Mobile US
TMUS
$284B
| $595M | 0.19% | 8,475,336 +2,027,347 | +31% | +$142M |
|