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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
$651M |
| 2 |
S
Sprint Corporation
S
|
$627M |
| 3 |
Pfizer
PFE
|
$224M |
| 4 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
$170M |
| 5 |
JPMorgan Chase
JPM
|
$141M |
Top Sells
| 1 |
NWSA
NEWS CORPORATION CL-A
NWSA
|
$631M |
| 2 |
FON
SPRINT CORP FON COM
FON
|
$365M |
| 3 |
Zoetis
ZTS
|
$280M |
| 4 |
American Express
AXP
|
$207M |
| 5 |
Ameriprise Financial
AMP
|
$156M |
Sector Composition
| 1 | Financials | 19.79% |
| 2 | Technology | 13.01% |
| 3 | Healthcare | 11.62% |
| 4 | Energy | 9.84% |
| 5 | Industrials | 9.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Blackrock
BLK
$175B
| $3.64B | 2.13% | 13,463,007 +471,278 | +4% | +$128M |
|
2
Apple
AAPL
$3.45T
| $3.53B | 2.06% | 7,407,125 -136,607 | -2% | -$65.1M |
|
3
Exxon Mobil
XOM
$487B
| $3.04B | 1.77% | 35,287,450 -316,501 | -0.9% | -$27.2M |
|
|
OUBS
4
DELISTED
USB AG (NEW)
OUBS
| $2.47B | 1.44% | 120,839,238 -6,878,729 | -5% | -$141M |
|
5
Microsoft
MSFT
$3.77T
| $2.31B | 1.35% | 69,346,446 +421,053 | +0.6% | +$14M |
|
6
Chevron
CVX
$324B
| $2.19B | 1.28% | 18,025,198 +267,265 | +2% | +$32.5M |
|
7
GE Aerospace
GE
$292B
| $1.97B | 1.15% | 82,590,300 -1,134,218 | -1% | -$27.1M |
|
8
Johnson & Johnson
JNJ
$427B
| $1.92B | 1.12% | 22,116,895 | – | – |
|
9
Alphabet (Google) Class C
GOOG
$2.58T
| $1.78B | 1.04% | 2,030,939 -59,757 | -3% | -$52.3M |
|
10
Wells Fargo
WFC
$263B
| $1.75B | 1.02% | 42,390,246 -3,187,126 | -7% | -$132M |
|
|
11
JPMorgan Chase
JPM
$829B
| $1.74B | 1.02% | 33,705,282 +2,732,738 | +9% | +$141M |
|
12
Procter & Gamble
PG
$368B
| $1.7B | 0.99% | 22,519,489 | – | – |
|
13
IBM
IBM
$227B
| $1.68B | 0.98% | 9,097,875 -2,537 | -0% | -$470K |
|
|
14
Pfizer
PFE
$141B
| $1.63B | 0.95% | 56,781,028 +7,817,454 | +16% | +$224M |
|
15
Coca-Cola
KO
$297B
| $1.39B | 0.81% | 36,667,477 -18,948 | -0.1% | -$718K |
|
16
Aflac
AFL
$57.2B
| $1.36B | 0.79% | 21,976,635 -329,783 | -1% | -$20.4M |
|
17
Bank of America
BAC
$376B
| $1.29B | 0.75% | 93,174,972 -796,613 | -0.8% | -$11M |
|
18
Citigroup
C
$178B
| $1.28B | 0.75% | 26,484,109 +19,386 | +0.1% | +$940K |
|
19
AT&T
T
$209B
| $1.28B | 0.75% | 37,789,968 -1,625,874 | -4% | -$55M |
|
20
Oracle
ORCL
$635B
| $1.27B | 0.74% | 38,334,195 -61,199 | -0.2% | -$2.03M |
|
21
Comcast
CMCSA
$125B
| $1.21B | 0.71% | 26,796,670 +2,893,999 | +12% | +$131M |
|
22
Merck
MRK
$210B
| $1.15B | 0.67% | 24,188,228 -905,643 | -4% | -$43.1M |
|
23
Berkshire Hathaway Class A
BRK.A
$1.09T
| $1.1B | 0.64% | 6,444 +203 | +3% | +$34.6M |
|
24
Walt Disney
DIS
$213B
| $1.09B | 0.64% | 16,964,684 +820,395 | +5% | +$52.9M |
|
25
Schlumberger
SLB
$55B
| $1.08B | 0.63% | 12,250,240 +178,105 | +1% | +$15.7M |
|