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 | |
|---|---|---|---|---|---|---|
76
Intel
INTC
$107B
| $1.09B | 0.26% | 41,352,218 +1,770,910 | +4% | +$46.8M |
|
77
Booking.com
BKNG
$181B
| $1.07B | 0.26% | 530,019 -11,016 | -2% | -$22.2M |
|
78
Medtronic
MDT
$119B
| $1.06B | 0.26% | 13,668,496 +492,853 | +4% | +$38.3M |
|
79
Analog Devices
ADI
$124B
| $1.04B | 0.25% | 6,341,488 +3,476 | +0.1% | +$570K |
|
80
Blackrock
BLK
$175B
| $1.04B | 0.25% | 1,463,400 -25,468 | -2% | -$18M |
|
81
PayPal
PYPL
$67.1B
| $1.02B | 0.25% | 14,354,573 +1,144,890 | +9% | +$81.5M |
|
82
Regency Centers
REG
$13.2B
| $1.01B | 0.24% | 16,179,323 | – | – |
|
83
American Tower
AMT
$95.5B
| $1.01B | 0.24% | 4,760,535 +673,382 | +16% | +$143M |
|
84
Schlumberger
SLB
$55B
| $1.01B | 0.24% | 18,860,566 +1,864,484 | +11% | +$99.7M |
|
85
AvalonBay Communities
AVB
$27.9B
| $1B | 0.24% | 6,200,778 | – | – |
|
86
Sempra
SRE
$53.9B
| $1B | 0.24% | 6,472,702 +536,014 | +9% | +$82.8M |
|
87
Mondelez International
MDLZ
$79.5B
| $981M | 0.24% | 14,723,471 +921,116 | +7% | +$61.4M |
|
88
Prologis
PLD
$106B
| $981M | 0.24% | 8,700,075 +3,429,438 | +65% | +$387M |
|
|
89
Cigna
CI
$80.3B
| $964M | 0.23% | 2,908,017 +1,937,591 | +200% | +$642M |
|
90
Air Products & Chemicals
APD
$65.5B
| $962M | 0.23% | 3,121,897 +690,795 | +28% | +$213M |
|
91
Morgan Stanley
MS
$240B
| $957M | 0.23% | 11,251,067 +149,943 | +1% | +$12.7M |
|
92
Applied Materials
AMAT
$128B
| $931M | 0.22% | 9,555,399 +1,867,027 | +24% | +$182M |
|
93
Intuitive Surgical
ISRG
$170B
| $915M | 0.22% | 3,449,633 +308,878 | +10% | +$82M |
|
94
UDR
UDR
$13.1B
| $914M | 0.22% | 23,588,802 +1,200,909 | +5% | +$46.5M |
|
95
American Express
AXP
$231B
| $912M | 0.22% | 6,169,567 +514,548 | +9% | +$76M |
|
96
TJX Companies
TJX
$152B
| $892M | 0.21% | 11,201,392 +131,513 | +1% | +$10.5M |
|
97
Synopsys
SNPS
$112B
| $892M | 0.21% | 2,792,155 +184,800 | +7% | +$59M |
|
|
98
IBM
IBM
$227B
| $876M | 0.21% | 6,217,715 -1,531,992 | -20% | -$216M |
|
99
ServiceNow
NOW
$190B
| $872M | 0.21% | 2,246,380 +168,944 | +8% | +$65.6M |
|
100
Estee Lauder
EL
$33B
| $858M | 0.21% | 3,458,424 +1,048,685 | +44% | +$260M |
|