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 |
RTN
Raytheon Company
RTN
|
$348M |
| 2 |
Citigroup
C
|
$219M |
| 3 |
Travelers Companies
TRV
|
$219M |
| 4 |
Alphabet (Google) Class C
GOOG
|
$214M |
| 5 |
Parker-Hannifin
PH
|
$186M |
Top Sells
| 1 |
Broadcom
AVGO
|
$558M |
| 2 |
LyondellBasell Industries
LYB
|
$499M |
| 3 |
Alcoa
AA
|
$337M |
| 4 |
Hilton Worldwide
HLT
|
$327M |
| 5 |
Apple
AAPL
|
$286M |
Sector Composition
| 1 | Financials | 19.74% |
| 2 | Technology | 14.09% |
| 3 | Healthcare | 13.06% |
| 4 | Industrials | 9.38% |
| 5 | Consumer Discretionary | 9.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Colgate-Palmolive
CL
$67.9B
| $456M | 0.2% |
6,960,967
-145,987
| -2% | -$9.55M |
|
102
Vornado Realty Trust
VNO
$7.3B
| $447M | 0.2% |
4,287,351
| – | – |
|
|
ESRX
103
DELISTED
Express Scripts Holding Company
ESRX
| $440M | 0.19% |
6,399,265
+159,248
| +3% | +$11M |
|
104
Aon
AON
$79.1B
| $437M | 0.19% |
3,920,128
+93,241
| +2% | +$10.4M |
|
105
Johnson Controls International
JCI
$69.9B
| $435M | 0.19% |
10,551,649
+623,210
| +6% | +$25.7M |
|
|
AET
106
DELISTED
Aetna Inc
AET
| $434M | 0.19% |
3,496,972
+66,284
| +2% | +$8.22M |
|
107
Bank of Montreal
BMO
$86.7B
| $427M | 0.19% |
5,924,580
+3,673
| +0.1% | +$264K |
|
108
Federal Realty Investment Trust
FRT
$8.55B
| $425M | 0.19% |
2,992,470
-7,158
| -0.2% | -$1.02M |
|
109
Charter Communications
CHTR
$36.3B
| $425M | 0.19% |
1,476,251
-132,063
| -8% | -$38M |
|
110
Caterpillar
CAT
$196B
| $414M | 0.18% |
4,467,978
-322,578
| -7% | -$29.9M |
|
111
Adobe
ADBE
$147B
| $411M | 0.18% |
3,993,282
+52,340
| +1% | +$5.39M |
|
112
Baxter International
BAX
$12.7B
| $409M | 0.18% |
9,223,176
+123,809
| +1% | +$5.49M |
|
|
MON
113
DELISTED
Monsanto Co
MON
| $407M | 0.18% |
3,865,930
-50,105
| -1% | -$5.27M |
|
114
Lincoln National
LNC
$8.14B
| $407M | 0.18% |
6,136,529
-1,450,000
| -19% | -$96.1M |
|
115
Goldman Sachs
GS
$226B
| $389M | 0.17% |
1,626,145
-30,809
| -2% | -$7.38M |
|
116
Southern Company
SO
$102B
| $388M | 0.17% |
7,887,587
-514,713
| -6% | -$25.3M |
|
117
TC Energy
TRP
$54.1B
| $384M | 0.17% |
8,497,982
+1,908,353
| +29% | +$86.2M |
|
118
Salesforce
CRM
$242B
| $383M | 0.17% |
5,591,621
+436,296
| +8% | +$29.9M |
|
119
Lear
LEA
$5.85B
| $382M | 0.17% |
2,887,448
+1,312,100
| +83% | +$174M |
|
120
Elevance Health
ELV
$71.8B
| $377M | 0.16% |
2,621,439
+81,419
| +3% | +$11.7M |
|
121
Hewlett Packard
HPE
$29.8B
| $373M | 0.16% |
16,106,905
+864,336
| +6% | +$20M |
|
122
Valero Energy
VLO
$47.9B
| $371M | 0.16% |
5,423,622
+19,161
| +0.4% | +$1.31M |
|
123
Canadian National Railway
CNI
$60.4B
| $370M | 0.16% |
5,493,936
+795,512
| +17% | +$53.6M |
|
124
Kinder Morgan
KMI
$59.4B
| $366M | 0.16% |
17,656,648
+350,399
| +2% | +$7.26M |
|
125
Netflix
NFLX
$516B
| $357M | 0.16% |
2,885,968
+202,963
| +8% | +$25.1M |
|