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 |
Alcoa
AA
|
$128M |
| 2 |
WFT
Weatherford International plc
WFT
|
$124M |
| 3 |
Metallus
MTUS
|
$92.8M |
| 4 |
SWN
Southwestern Energy Company
SWN
|
$87.1M |
| 5 |
Liberty Media Series C
FWONK
|
$75.4M |
Top Sells
| 1 |
Apple
AAPL
|
$4.51B |
| 2 |
Blackrock
BLK
|
$3.87B |
| 3 |
Exxon Mobil
XOM
|
$2.99B |
| 4 |
Microsoft
MSFT
|
$2.9B |
| 5 |
Alphabet (Google) Class C
GOOG
|
$2.23B |
Sector Composition
| 1 | Financials | 18.12% |
| 2 | Technology | 13.88% |
| 3 | Healthcare | 12.74% |
| 4 | Energy | 9.57% |
| 5 | Industrials | 9.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
Norfolk Southern
NSC
$62.8B
| $241M | 0.13% |
2,161,494
-1,677,494
| -44% | -$187M |
|
152
Aon
AON
$79.1B
| $241M | 0.13% |
2,749,006
-3,163,476
| -54% | -$277M |
|
153
Yum! Brands
YUM
$40.8B
| $237M | 0.13% |
3,294,989
-3,152,591
| -49% | -$227M |
|
|
AET
154
DELISTED
Aetna Inc
AET
| $237M | 0.13% |
2,924,604
-2,924,604
| -50% | -$237M |
|
155
Brookfield
BN
$98.3B
| $237M | 0.13% |
5,264,511
-5,264,511
| -50% | -$237M |
|
156
Trane Technologies
TT
$92.5B
| $236M | 0.13% |
4,181,881
-3,481,881
| -45% | -$196M |
|
157
Southern Company
SO
$102B
| $231M | 0.13% |
5,284,275
-4,679,401
| -47% | -$204M |
|
|
158
Alcoa
AA
$8.33B
| $230M | 0.12% |
14,274,398
+7,925,602
| +125% | +$128M |
|
|
PCP
159
DELISTED
PRECISION CASTPARTS CORP
PCP
| $229M | 0.12% |
968,305
-968,305
| -50% | -$229M |
|
160
Kinder Morgan
KMI
$60B
| $228M | 0.12% |
5,952,177
-5,201,887
| -47% | -$199M |
|
161
M&T Bank
MTB
$31.5B
| $227M | 0.12% |
1,840,361
-1,003,525
| -35% | -$124M |
|
162
Adobe
ADBE
$151B
| $226M | 0.12% |
3,264,949
-3,264,949
| -50% | -$226M |
|
163
Liberty Global Class C
LBTYK
$4.07B
| $225M | 0.12% |
5,485,770
-9,494,876
| -63% | -$389M |
|
164
General Mills
GIS
$26.4B
| $225M | 0.12% |
4,458,828
-4,617,080
| -51% | -$233M |
|
165
Pentair
PNR
$17.6B
| $224M | 0.12% |
3,422,151
-10,113,511
| -75% | -$662M |
|
166
Las Vegas Sands
LVS
$39.6B
| $224M | 0.12% |
3,595,828
-3,151,648
| -47% | -$196M |
|
|
ALXN
167
DELISTED
Alexion Pharmaceuticals Inc
ALXN
| $222M | 0.12% |
1,340,240
-1,320,282
| -50% | -$219M |
|
168
Sempra
SRE
$53.9B
| $221M | 0.12% |
2,097,811
-2,117,087
| -50% | -$223M |
|
|
DTV
169
DELISTED
DIRECTV COM STK (DE)
DTV
| $219M | 0.12% |
2,529,447
-2,858,489
| -53% | -$247M |
|
170
Emerson Electric
EMR
$74.3B
| $219M | 0.12% |
3,493,358
-3,529,646
| -50% | -$221M |
|
|
SNDK
171
DELISTED
SANDISK CORP
SNDK
| $218M | 0.12% |
2,228,515
-2,444,515
| -52% | -$239M |
|
|
MRO
172
DELISTED
Marathon Oil Corporation
MRO
| $218M | 0.12% |
5,789,474
-5,445,974
| -48% | -$205M |
|
173
Kroger
KR
$44.9B
| $218M | 0.12% |
4,183,657
-3,829,745
| -48% | -$199M |
|
174
CSX Corp
CSX
$60.6B
| $212M | 0.12% |
6,622,370
-8,919,470
| -57% | -$286M |
|
175
PPG Industries
PPG
$25.1B
| $211M | 0.11% |
1,072,800
-1,072,800
| -50% | -$211M |
|