Norges Bank

Norges Bank Portfolio holdings

AUM $801B
 

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.

This Quarter Est. Return
1 Year Est. Return
3 Year Est. Return
5 Year Est. Return
10 Year Est. Return
AUM
$244B
AUM Growth
+$14.9B
Cap. Flow
Cap. Flow %
Top 10 Hldgs %
Holding
2,251
New
Increased
Reduced
Closed

Top Buys

1 +$411M
2 +$362M
3 +$263M
4
ENB icon
Enbridge
ENB
+$224M
5
GOOG icon
Alphabet (Google) Class C
GOOG
+$203M

Top Sells

1 +$545M
2 +$327M
3 +$224M
4
DB icon
Deutsche Bank
DB
+$174M
5
BLK icon
Blackrock
BLK
+$168M

Sector Composition

1 Financials 18.51%
2 Technology 15.26%
3 Healthcare 13.45%
4 Consumer Discretionary 9.35%
5 Industrials 9.22%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake
Capital Flow
2001
$1.86M ﹤0.01%
96,500
2002
$1.85M ﹤0.01%
70,942
-100,399
2003
$1.82M ﹤0.01%
42,471
2004
$1.79M ﹤0.01%
120,091
2005
$1.79M ﹤0.01%
199,630
-5,200
2006
$1.77M ﹤0.01%
36,517
+10,483
2007
$1.76M ﹤0.01%
5,000
2008
$1.71M ﹤0.01%
+222,433
2009
$1.7M ﹤0.01%
71,124
+21,124
2010
$1.68M ﹤0.01%
182,357
2011
$1.68M ﹤0.01%
114,243
2012
$1.67M ﹤0.01%
+48,395
2013
$1.65M ﹤0.01%
63,440
+32,316
2014
$1.61M ﹤0.01%
492,678
2015
$1.6M ﹤0.01%
41,199
2016
$1.58M ﹤0.01%
24,937
-42,863
2017
$1.57M ﹤0.01%
63,582
-71,544
2018
$1.56M ﹤0.01%
206,274
+103,137
2019
$1.53M ﹤0.01%
54,163
-497,846
2020
$1.51M ﹤0.01%
103,653
-22,080
2021
$1.51M ﹤0.01%
63,814
2022
$1.47M ﹤0.01%
47,734
-1,380
2023
$1.47M ﹤0.01%
148,319
+109,272
2024
$1.46M ﹤0.01%
50,916
-165,959
2025
$1.41M ﹤0.01%
+23,820