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 | |
|---|---|---|---|---|---|---|
101
Deere & Co
DE
$129B
| $587M | 0.19% | 3,903,236 -80,000 | -2% | -$12M |
|
102
Lear
LEA
$5.85B
| $585M | 0.19% | 4,036,295 -46,812 | -1% | -$6.79M |
|
103
Automatic Data Processing
ADP
$123B
| $584M | 0.19% | 3,874,155 -75,126 | -2% | -$11.3M |
|
104
United Parcel Service
UPS
$74.1B
| $579M | 0.19% | 4,959,765 -175,056 | -3% | -$20.4M |
|
105
Bank of Montreal
BMO
$86.7B
| $574M | 0.19% | 6,961,790 -88,809 | -1% | -$7.32M |
|
106
Edwards Lifesciences
EW
$47.8B
| $574M | 0.19% | 3,296,142 -82,421 | -2% | -$14.3M |
|
107
Baxter International
BAX
$12.7B
| $572M | 0.19% | 7,423,753 -112,891 | -1% | -$8.7M |
|
108
Canadian National Railway
CNI
$60.4B
| $569M | 0.18% | 6,346,690 | – | – |
|
|
RTN
109
DELISTED
Raytheon Company
RTN
| $569M | 0.18% | 2,751,066 -2,553 | -0.1% | -$528K |
|
110
Goldman Sachs
GS
$226B
| $567M | 0.18% | 2,528,693 +27,687 | +1% | +$6.21M |
|
|
ATVI
111
DELISTED
Activision Blizzard Inc.
ATVI
| $564M | 0.18% | 6,775,407 +470,856 | +7% | +$39.2M |
|
112
Parker-Hannifin
PH
$96.2B
| $558M | 0.18% | 3,033,636 -460,898 | -13% | -$84.8M |
|
113
CSX Corp
CSX
$60.6B
| $556M | 0.18% | 7,514,171 -47,912 | -0.6% | -$3.55M |
|
114
Colgate-Palmolive
CL
$67.9B
| $549M | 0.18% | 8,206,244 +26,511 | +0.3% | +$1.77M |
|
|
ESRX
115
DELISTED
Express Scripts Holding Company
ESRX
| $543M | 0.18% | 5,714,186 -260,392 | -4% | -$24.7M |
|
116
American International
AIG
$45.1B
| $537M | 0.17% | 10,095,214 +1,234,873 | +14% | +$65.7M |
|
117
Enbridge
ENB
$105B
| $532M | 0.17% | 16,484,154 +201,325 | +1% | +$6.49M |
|
118
Valero Energy
VLO
$47.2B
| $525M | 0.17% | 4,611,608 -108,476 | -2% | -$12.3M |
|
119
Cigna
CI
$80.3B
| $524M | 0.17% | 2,515,778 +11,671 | +0.5% | +$2.43M |
|
120
Micron Technology
MU
$133B
| $524M | 0.17% | 11,581,539 -127,019 | -1% | -$5.75M |
|
121
Emerson Electric
EMR
$74.3B
| $519M | 0.17% | 6,780,168 +724,784 | +12% | +$55.5M |
|
122
Simon Property Group
SPG
$59B
| $514M | 0.17% | 2,910,340 | – | – |
|
123
Stryker
SYK
$150B
| $514M | 0.17% | 2,891,467 +135,951 | +5% | +$24.2M |
|
124
Illumina
ILMN
$15.8B
| $514M | 0.17% | 1,398,974 +157,271 | +13% | +$57.7M |
|
125
Charles Schwab
SCHW
$174B
| $513M | 0.17% | 10,437,155 +662,908 | +7% | +$32.6M |
|