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
$415B
AUM Growth
+$38.7B
Cap. Flow
Cap. Flow %
Top 10 Hldgs %
Holding
2,222
New
Increased
Reduced
Closed

Top Buys

1 +$1.03B
2 +$1B
3 +$818M
4
CI icon
Cigna
CI
+$642M
5
BRK.B icon
Berkshire Hathaway Class B
BRK.B
+$491M

Top Sells

1 +$534M
2 +$469M
3 +$388M
4
DRE
Duke Realty Corp.
DRE
+$358M
5
IBM icon
IBM
IBM
+$216M

Sector Composition

1 Technology 22.98%
2 Healthcare 15.11%
3 Financials 15%
4 Consumer Discretionary 10.13%
5 Industrials 8.07%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake
Capital Flow
2001
$1.58M ﹤0.01%
46,300
+26,500
2002
$1.57M ﹤0.01%
299,540
2003
$1.53M ﹤0.01%
+77,201
2004
$1.53M ﹤0.01%
49,144
-226,126
2005
$1.52M ﹤0.01%
53,400
2006
$1.49M ﹤0.01%
40,000
+28,000
2007
$1.49M ﹤0.01%
79,593
2008
$1.49M ﹤0.01%
45,474
-5,081
2009
$1.48M ﹤0.01%
218,900
+204,000
2010
$1.48M ﹤0.01%
21,600
+4,300
2011
$1.48M ﹤0.01%
+43,000
2012
$1.48M ﹤0.01%
56,030
2013
$1.46M ﹤0.01%
144,600
+58,200
2014
$1.45M ﹤0.01%
+51,500
2015
$1.43M ﹤0.01%
+34,100
2016
$1.41M ﹤0.01%
12,200
+8,900
2017
$1.39M ﹤0.01%
+221,600
2018
$1.38M ﹤0.01%
152,100
-18,200
2019
$1.37M ﹤0.01%
589,400
-217,100
2020
$1.36M ﹤0.01%
216,300
-30,200
2021
$1.35M ﹤0.01%
38,889
-70,009
2022
$1.31M ﹤0.01%
+14,200
2023
$1.29M ﹤0.01%
+27,160
2024
$1.28M ﹤0.01%
+63,900
2025
$1.27M ﹤0.01%
61,118
-16,378