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 |
Visa
V
|
$833M |
| 2 |
Prudential Financial
PRU
|
$516M |
| 3 |
AGN
Allergan plc
AGN
|
$349M |
| 4 |
Medtronic
MDT
|
$280M |
| 5 |
Vornado Realty Trust
VNO
|
$257M |
Top Sells
| 1 |
Blackrock
BLK
|
$592M |
| 2 |
AGN
ALLERGAN INC
AGN
|
$454M |
| 3 |
COV
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
|
$354M |
| 4 |
American Tower
AMT
|
$188M |
| 5 |
Pfizer
PFE
|
$184M |
Sector Composition
| 1 | Financials | 18.16% |
| 2 | Technology | 14.05% |
| 3 | Healthcare | 13.8% |
| 4 | Consumer Discretionary | 9.47% |
| 5 | Industrials | 9.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Apple
AAPL
$3.45T
| $5.9B | 2.89% | 47,382,144 +1,527,072 | +3% | +$190M |
|
|
2
Blackrock
BLK
$175B
| $3.72B | 1.82% | 10,170,379 -1,617,639 | -14% | -$592M |
|
3
Exxon Mobil
XOM
$487B
| $2.85B | 1.39% | 33,491,504 +626,510 | +2% | +$53.3M |
|
4
Microsoft
MSFT
$3.77T
| $2.73B | 1.34% | 67,056,277 +2,166,536 | +3% | +$88.1M |
|
5
Alphabet (Google) Class C
GOOG
$2.58T
| $2.46B | 1.2% | 4,456,064 +393,204 | +10% | +$217M |
|
6
UBS Group
UBS
$128B
| $2.36B | 1.16% | 125,398,364 +10,736,044 | +9% | +$202M |
|
7
Wells Fargo
WFC
$263B
| $2.33B | 1.14% | 42,826,688 +1,246,323 | +3% | +$67.8M |
|
8
Johnson & Johnson
JNJ
$427B
| $2.23B | 1.09% | 22,135,432 +544,815 | +3% | +$54.8M |
|
9
GE Aerospace
GE
$292B
| $1.98B | 0.97% | 79,761,821 +7,270,019 | +10% | +$180M |
|
10
JPMorgan Chase
JPM
$829B
| $1.94B | 0.95% | 31,999,164 +798,922 | +3% | +$48.4M |
|
11
Verizon
VZ
$186B
| $1.85B | 0.91% | 38,142,380 -2,312,457 | -6% | -$112M |
|
12
Comcast
CMCSA
$125B
| $1.8B | 0.88% | 31,899,204 +647,490 | +2% | +$36.6M |
|
13
Aflac
AFL
$57.2B
| $1.79B | 0.88% | 27,951,344 +191,576 | +0.7% | +$12.3M |
|
14
Procter & Gamble
PG
$368B
| $1.78B | 0.87% | 21,681,866 +875,744 | +4% | +$71.8M |
|
|
15
Pfizer
PFE
$141B
| $1.71B | 0.84% | 49,079,116 -5,289,510 | -10% | -$184M |
|
16
Chevron
CVX
$324B
| $1.71B | 0.84% | 16,256,263 +795,814 | +5% | +$83.5M |
|
|
17
Prudential Financial
PRU
$38.6B
| $1.62B | 0.79% | 20,200,008 +6,424,539 | +47% | +$516M |
|
18
Walt Disney
DIS
$213B
| $1.59B | 0.78% | 15,144,011 +307,281 | +2% | +$32.2M |
|
19
Oracle
ORCL
$635B
| $1.56B | 0.76% | 36,170,793 +1,337,073 | +4% | +$57.7M |
|
20
Coca-Cola
KO
$297B
| $1.44B | 0.71% | 35,578,567 +1,272,578 | +4% | +$51.6M |
|
21
Merck
MRK
$210B
| $1.44B | 0.7% | 24,985,998 +2,593,890 | +12% | +$149M |
|
22
IBM
IBM
$227B
| $1.38B | 0.68% | 8,596,994 +202,797 | +2% | +$32.5M |
|
23
Bank of America
BAC
$376B
| $1.35B | 0.66% | 87,513,292 +1,599,841 | +2% | +$24.6M |
|
24
Intel
INTC
$107B
| $1.34B | 0.66% | 42,821,817 +1,076,626 | +3% | +$33.7M |
|
25
Meta Platforms (Facebook)
META
$1.86T
| $1.28B | 0.63% | 15,593,623 +282,459 | +2% | +$23.2M |
|