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 |
Starbucks
SBUX
|
$297M |
| 2 |
Wells Fargo
WFC
|
$292M |
| 3 |
AT&T
T
|
$281M |
| 4 |
Kilroy Realty
KRC
|
$258M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
$165M |
Top Sells
| 1 |
UBS Group
UBS
|
$2.59B |
| 2 |
Medtronic
MDT
|
$888M |
| 3 |
AGN
Allergan plc
AGN
|
$875M |
| 4 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
$360M |
| 5 |
Stellantis
STLA
|
$320M |
Sector Composition
| 1 | Financials | 18.12% |
| 2 | Technology | 14.12% |
| 3 | Healthcare | 13.56% |
| 4 | Consumer Discretionary | 9.53% |
| 5 | Industrials | 9.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
Halliburton
HAL
$19.4B
| $268M | 0.13% | 6,232,720 | – | – |
|
152
Canadian Imperial Bank of Commerce
CM
$71.8B
| $268M | 0.13% | 3,639,338 -26,024 | -0.7% | -$1.92M |
|
153
Deere & Co
DE
$129B
| $266M | 0.13% | 2,736,692 +127,149 | +5% | +$12.3M |
|
154
Cognizant
CTSH
$35.3B
| $261M | 0.13% | 4,276,211 | – | – |
|
155
Illinois Tool Works
ITW
$77.1B
| $256M | 0.13% | 2,792,144 +3,940 | +0.1% | +$362K |
|
156
Exelon
EXC
$44.1B
| $255M | 0.13% | 8,114,949 | – | – |
|
157
PPG Industries
PPG
$25.1B
| $254M | 0.13% | 2,213,928 +1,088,910 | +97% | +$125M |
|
158
Canadian Natural Resources
CNQ
$65.9B
| $252M | 0.13% | 9,270,681 -179,694 | -2% | -$4.88M |
|
159
Ecolab
ECL
$78.6B
| $251M | 0.13% | 2,221,068 +60,485 | +3% | +$6.84M |
|
160
Franco-Nevada
FNV
$36.3B
| $250M | 0.13% | 5,244,491 +180,101 | +4% | +$8.59M |
|
161
Marathon Petroleum
MPC
$54.6B
| $250M | 0.12% | 4,771,300 +2,445,387 | +105% | +$128M |
|
162
Ameriprise Financial
AMP
$48.5B
| $246M | 0.12% | 1,966,010 +1,279,869 | +187% | +$160M |
|
163
General Mills
GIS
$26.4B
| $245M | 0.12% | 4,397,318 | – | – |
|
164
Becton Dickinson
BDX
$55.3B
| $243M | 0.12% | 1,714,093 | – | – |
|
165
Southern Company
SO
$102B
| $239M | 0.12% | 5,703,412 | – | – |
|
166
CME Group
CME
$96B
| $238M | 0.12% | 2,559,560 -31,972 | -1% | -$2.98M |
|
167
Sempra
SRE
$53.9B
| $238M | 0.12% | 2,405,399 -9,801 | -0.4% | -$970K |
|
168
Salesforce
CRM
$245B
| $238M | 0.12% | 3,411,145 +56,070 | +2% | +$3.9M |
|
169
Stryker
SYK
$150B
| $236M | 0.12% | 2,464,177 +73,987 | +3% | +$7.07M |
|
170
Cardinal Health
CAH
$35.5B
| $234M | 0.12% | 2,800,807 +146,233 | +6% | +$12.2M |
|
171
Netflix
NFLX
$513B
| $234M | 0.12% | 355,936 -33,753 | -9% | -$22.2M |
|
172
Magna International
MGA
$12.9B
| $231M | 0.12% | 4,120,475 -36,675 | -0.9% | -$2.06M |
|
173
VF Corp
VFC
$5.91B
| $231M | 0.12% | 3,310,501 +175,626 | +6% | +$12.2M |
|
174
Caterpillar
CAT
$196B
| $230M | 0.11% | 2,708,882 -102,439 | -4% | -$8.69M |
|
175
American Electric Power
AEP
$59.4B
| $229M | 0.11% | 4,319,852 +53,514 | +1% | +$2.83M |
|