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 |
Alcoa
AA
|
$128M |
| 2 |
WFT
Weatherford International plc
WFT
|
$124M |
| 3 |
Metallus
MTUS
|
$92.8M |
| 4 |
SWN
Southwestern Energy Company
SWN
|
$87.1M |
| 5 |
Liberty Media Series C
FWONK
|
$75.4M |
Top Sells
| 1 |
Apple
AAPL
|
$4.51B |
| 2 |
Blackrock
BLK
|
$3.87B |
| 3 |
Exxon Mobil
XOM
|
$2.99B |
| 4 |
Microsoft
MSFT
|
$2.9B |
| 5 |
Alphabet (Google) Class C
GOOG
|
$2.23B |
Sector Composition
| 1 | Financials | 18.12% |
| 2 | Technology | 13.88% |
| 3 | Healthcare | 12.74% |
| 4 | Energy | 9.57% |
| 5 | Industrials | 9.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$3.45T
| $4.6B | 2.49% | 45,630,753 -44,800,989 | -50% | -$4.51B |
|
|
2
Blackrock
BLK
$175B
| $3.87B | 2.1% | 11,788,018 -11,788,018 | -50% | -$3.87B |
|
|
3
Exxon Mobil
XOM
$487B
| $2.99B | 1.62% | 31,749,044 -31,749,044 | -50% | -$2.99B |
|
|
4
Microsoft
MSFT
$3.77T
| $2.92B | 1.58% | 62,988,187 -62,545,889 | -50% | -$2.9B |
|
|
5
Alphabet (Google) Class C
GOOG
$2.58T
| $2.28B | 1.23% | 3,904,214 -3,827,254 | -50% | -$2.23B |
|
6
Johnson & Johnson
JNJ
$427B
| $2.22B | 1.2% | 20,809,967 -20,559,041 | -50% | -$2.19B |
|
7
Wells Fargo
WFC
$263B
| $2.12B | 1.15% | 40,787,095 -40,184,681 | -50% | -$2.08B |
|
|
OUBS
8
DELISTED
USB AG (NEW)
OUBS
| $2.06B | 1.12% | 118,148,079 -118,728,359 | -50% | -$2.07B |
|
9
Verizon
VZ
$186B
| $1.94B | 1.05% | 38,631,563 -41,315,615 | -52% | -$2.07B |
|
10
JPMorgan Chase
JPM
$829B
| $1.84B | 1% | 30,505,472 -29,714,132 | -49% | -$1.79B |
|
11
Chevron
CVX
$324B
| $1.82B | 0.99% | 15,267,382 -14,829,138 | -49% | -$1.77B |
|
12
GE Aerospace
GE
$292B
| $1.81B | 0.98% | 70,734,255 -72,011,393 | -50% | -$1.84B |
|
13
Procter & Gamble
PG
$368B
| $1.69B | 0.92% | 20,219,197 -20,459,351 | -50% | -$1.71B |
|
14
Comcast
CMCSA
$125B
| $1.65B | 0.89% | 30,701,462 -30,640,056 | -50% | -$1.65B |
|
15
Pfizer
PFE
$141B
| $1.57B | 0.85% | 53,190,005 -51,687,881 | -49% | -$1.53B |
|
16
Aflac
AFL
$57.2B
| $1.54B | 0.83% | 26,413,764 -16,491,812 | -38% | -$961M |
|
17
IBM
IBM
$227B
| $1.49B | 0.81% | 7,875,340 -7,879,282 | -50% | -$1.5B |
|
18
Bank of America
BAC
$376B
| $1.42B | 0.77% | 83,358,524 -82,706,634 | -50% | -$1.41B |
|
19
Coca-Cola
KO
$297B
| $1.42B | 0.77% | 33,179,818 -33,036,242 | -50% | -$1.41B |
|
20
Walt Disney
DIS
$213B
| $1.41B | 0.77% | 15,884,643 -16,284,643 | -51% | -$1.45B |
|
21
Intel
INTC
$107B
| $1.41B | 0.76% | 40,437,563 -37,864,657 | -48% | -$1.32B |
|
22
Merck
MRK
$210B
| $1.31B | 0.71% | 22,171,315 -22,171,315 | -50% | -$1.31B |
|
23
Oracle
ORCL
$635B
| $1.31B | 0.71% | 34,334,183 -33,442,965 | -49% | -$1.28B |
|
24
Gilead Sciences
GILD
$140B
| $1.19B | 0.64% | 11,161,343 -9,292,295 | -45% | -$989M |
|
25
AT&T
T
$209B
| $1.17B | 0.63% | 33,182,112 -33,764,810 | -50% | -$1.19B |
|