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 |
Alibaba
BABA
|
$806M |
| 2 |
Bristol-Myers Squibb
BMY
|
$597M |
| 3 |
AvalonBay Communities
AVB
|
$331M |
| 4 |
Essex Property Trust
ESS
|
$307M |
| 5 |
Truist Financial
TFC
|
$303M |
Top Sells
| 1 |
CELG
Celgene Corp
CELG
|
$783M |
| 2 |
STI
SunTrust Banks, Inc.
STI
|
$286M |
| 3 |
Morgan Stanley
MS
|
$212M |
| 4 |
Bank of America
BAC
|
$186M |
| 5 |
Ameriprise Financial
AMP
|
$178M |
Sector Composition
| 1 | Technology | 19.18% |
| 2 | Financials | 16.45% |
| 3 | Healthcare | 13.43% |
| 4 | Consumer Discretionary | 11.44% |
| 5 | Communication Services | 9.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
American Express
AXP
$225B
| $859M | 0.24% |
6,897,590
+250,870
| +4% | +$31.2M |
|
77
Edwards Lifesciences
EW
$47.7B
| $822M | 0.23% |
3,521,958
-148,570
| -4% | -$34.7M |
|
78
Eaton
ETN
$134B
| $819M | 0.23% |
8,648,074
+120,000
| +1% | +$11.4M |
|
79
Mondelez International
MDLZ
$79.3B
| $811M | 0.23% |
14,725,374
| – | – |
|
80
Federal Realty Investment Trust
FRT
$8.63B
| $800M | 0.22% |
6,212,626
+590,895
| +11% | +$76.1M |
|
81
T-Mobile US
TMUS
$284B
| $795M | 0.22% |
10,131,456
-1,725,294
| -15% | -$135M |
|
82
TJX Companies
TJX
$155B
| $790M | 0.22% |
12,931,088
| – | – |
|
83
ConocoPhillips
COP
$118B
| $788M | 0.22% |
12,116,464
| – | – |
|
84
Fidelity National Information Services
FIS
$35.6B
| $786M | 0.22% |
5,650,636
-112,189
| -2% | -$15.6M |
|
85
Applied Materials
AMAT
$124B
| $779M | 0.22% |
12,758,259
+500,000
| +4% | +$30.5M |
|
86
Cigna
CI
$80.2B
| $779M | 0.22% |
3,807,888
| – | – |
|
87
Scotiabank
BNS
$78.1B
| $777M | 0.22% |
13,752,685
-218,845
| -2% | -$12.4M |
|
88
Elevance Health
ELV
$72.4B
| $775M | 0.22% |
2,565,359
| – | – |
|
89
Caterpillar
CAT
$194B
| $754M | 0.21% |
5,107,641
+295,453
| +6% | +$43.6M |
|
|
AGN
90
DELISTED
Allergan plc
AGN
| $748M | 0.21% |
3,912,162
-86,391
| -2% | -$16.5M |
|
91
Enbridge
ENB
$105B
| $746M | 0.21% |
18,756,287
| – | – |
|
92
United Parcel Service
UPS
$72.3B
| $728M | 0.2% |
6,215,485
-534,452
| -8% | -$62.6M |
|
93
Kilroy Realty
KRC
$4.93B
| $726M | 0.2% |
8,653,509
+1,849,211
| +27% | +$155M |
|
94
Lear
LEA
$5.77B
| $721M | 0.2% |
5,258,420
-41,881
| -0.8% | -$5.75M |
|
95
Biogen
BIIB
$20.8B
| $716M | 0.2% |
2,413,625
+158,636
| +7% | +$47.1M |
|
96
Loews
L
$20.1B
| $713M | 0.2% |
13,574,761
+1,475,902
| +12% | +$77.5M |
|
|
97
Truist Financial
TFC
$59.8B
| $696M | 0.19% |
12,350,986
+5,376,651
| +77% | +$303M |
|
98
PNC Financial Services
PNC
$80.7B
| $687M | 0.19% |
4,305,743
-33,152
| -0.8% | -$5.29M |
|
99
Target
TGT
$42B
| $685M | 0.19% |
5,338,956
| – | – |
|
100
Charter Communications
CHTR
$35.7B
| $684M | 0.19% |
1,410,949
-196,532
| -12% | -$95.3M |
|