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 |
Hilton Worldwide
HLT
|
$445M |
| 2 |
CNH
CNH Industrial
CNH
|
$231M |
| 3 |
Cummins
CMI
|
$199M |
| 4 |
Perrigo
PRGO
|
$146M |
| 5 |
VF Corp
VFC
|
$144M |
Top Sells
| 1 |
Blackrock
BLK
|
$495M |
| 2 |
Apple
AAPL
|
$401M |
| 3 |
JPMorgan Chase
JPM
|
$366M |
| 4 |
Exxon Mobil
XOM
|
$342M |
| 5 |
Chevron
CVX
|
$255M |
Sector Composition
| 1 | Financials | 19.7% |
| 2 | Technology | 13.01% |
| 3 | Healthcare | 11.73% |
| 4 | Industrials | 10.35% |
| 5 | Energy | 9.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Blackrock
BLK
$175B
| $3.77B | 2.17% | 11,899,662 -1,563,345 | -12% | -$495M |
|
|
2
Apple
AAPL
$3.45T
| $3.76B | 2.16% | 6,692,770 -714,355 | -10% | -$401M |
|
|
3
Exxon Mobil
XOM
$487B
| $3.23B | 1.86% | 31,909,941 -3,377,509 | -10% | -$342M |
|
|
OUBS
4
DELISTED
USB AG (NEW)
OUBS
| $2.38B | 1.37% | 125,239,935 +4,400,697 | +4% | +$83.7M |
|
5
Microsoft
MSFT
$3.77T
| $2.37B | 1.37% | 63,417,951 -5,928,495 | -9% | -$222M |
|
6
Alphabet (Google) Class C
GOOG
$2.58T
| $2.27B | 1.31% | 2,025,825 -5,114 | -0.3% | -$5.73M |
|
7
GE Aerospace
GE
$292B
| $2.1B | 1.21% | 74,989,755 -7,600,545 | -9% | -$213M |
|
|
8
Chevron
CVX
$324B
| $2B | 1.15% | 15,980,006 -2,045,192 | -11% | -$255M |
|
9
Johnson & Johnson
JNJ
$427B
| $1.89B | 1.09% | 20,673,679 -1,443,216 | -7% | -$132M |
|
10
Wells Fargo
WFC
$263B
| $1.86B | 1.07% | 40,901,661 -1,488,585 | -4% | -$67.6M |
|
11
Procter & Gamble
PG
$368B
| $1.68B | 0.97% | 20,590,729 -1,928,760 | -9% | -$157M |
|
12
Pfizer
PFE
$141B
| $1.61B | 0.93% | 52,668,907 -4,112,121 | -7% | -$126M |
|
|
13
JPMorgan Chase
JPM
$829B
| $1.6B | 0.92% | 27,439,364 -6,265,918 | -19% | -$366M |
|
14
IBM
IBM
$227B
| $1.57B | 0.9% | 8,344,701 -753,174 | -8% | -$141M |
|
15
Comcast
CMCSA
$125B
| $1.49B | 0.86% | 28,645,742 +1,849,072 | +7% | +$96.1M |
|
16
Aflac
AFL
$57.2B
| $1.43B | 0.83% | 21,452,788 -523,847 | -2% | -$35M |
|
17
Coca-Cola
KO
$297B
| $1.38B | 0.8% | 33,506,105 -3,161,372 | -9% | -$131M |
|
18
Oracle
ORCL
$635B
| $1.32B | 0.76% | 34,620,092 -3,714,103 | -10% | -$142M |
|
19
Citigroup
C
$178B
| $1.28B | 0.74% | 24,651,412 -1,832,697 | -7% | -$95.5M |
|
20
Bank of America
BAC
$376B
| $1.27B | 0.73% | 81,763,113 -11,411,859 | -12% | -$178M |
|
21
Walt Disney
DIS
$213B
| $1.25B | 0.72% | 16,332,956 -631,728 | -4% | -$48.3M |
|
22
AT&T
T
$209B
| $1.19B | 0.68% | 33,806,891 -3,983,077 | -11% | -$140M |
|
23
Merck
MRK
$210B
| $1.11B | 0.64% | 22,257,853 -1,930,375 | -8% | -$96.6M |
|
|
S
24
DELISTED
Sprint Corporation
S
| $1.08B | 0.62% | 100,111,557 -809,010 | -0.8% | -$8.7M |
|
25
Prudential Financial
PRU
$38.6B
| $1.07B | 0.61% | 11,576,086 -561,870 | -5% | -$51.8M |
|