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 |
Starbucks
SBUX
|
$297M |
| 2 |
Wells Fargo
WFC
|
$292M |
| 3 |
AT&T
T
|
$281M |
| 4 |
Kilroy Realty
KRC
|
$258M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
$165M |
Top Sells
| 1 |
UBS Group
UBS
|
$2.59B |
| 2 |
Medtronic
MDT
|
$888M |
| 3 |
AGN
Allergan plc
AGN
|
$875M |
| 4 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
$360M |
| 5 |
Stellantis
STLA
|
$320M |
Sector Composition
| 1 | Financials | 18.12% |
| 2 | Technology | 14.12% |
| 3 | Healthcare | 13.56% |
| 4 | Consumer Discretionary | 9.53% |
| 5 | Industrials | 9.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Apple
AAPL
$3.45T
| $5.93B | 2.96% | 47,288,105 -94,039 | -0.2% | -$11.8M |
|
2
Blackrock
BLK
$175B
| $3.35B | 1.67% | 9,684,708 -485,671 | -5% | -$168M |
|
3
Microsoft
MSFT
$3.77T
| $2.94B | 1.47% | 66,518,518 -537,759 | -0.8% | -$23.7M |
|
4
Exxon Mobil
XOM
$487B
| $2.79B | 1.39% | 33,520,514 +29,010 | +0.1% | +$2.41M |
|
|
5
Wells Fargo
WFC
$263B
| $2.7B | 1.35% | 48,025,880 +5,199,192 | +12% | +$292M |
|
6
Alphabet (Google) Class C
GOOG
$2.58T
| $2.39B | 1.2% | 4,514,768 +58,704 | +1% | +$31.1M |
|
7
Johnson & Johnson
JNJ
$427B
| $2.19B | 1.1% | 22,483,421 +347,989 | +2% | +$33.9M |
|
8
JPMorgan Chase
JPM
$829B
| $2.1B | 1.05% | 30,969,774 -1,029,390 | -3% | -$69.8M |
|
9
GE Aerospace
GE
$292B
| $2.05B | 1.03% | 77,325,425 -2,436,396 | -3% | -$64.7M |
|
10
Comcast
CMCSA
$125B
| $1.93B | 0.97% | 32,111,988 +212,784 | +0.7% | +$12.8M |
|
11
Prudential Financial
PRU
$38.6B
| $1.76B | 0.88% | 20,094,653 -105,355 | -0.5% | -$9.22M |
|
12
Walt Disney
DIS
$213B
| $1.75B | 0.87% | 15,326,236 +182,225 | +1% | +$20.8M |
|
13
Aflac
AFL
$57.2B
| $1.74B | 0.87% | 27,919,593 -31,751 | -0.1% | -$1.97M |
|
14
Procter & Gamble
PG
$368B
| $1.71B | 0.86% | 21,866,359 +184,493 | +0.9% | +$14.4M |
|
15
Pfizer
PFE
$141B
| $1.68B | 0.84% | 50,092,099 +1,012,983 | +2% | +$34M |
|
16
Verizon
VZ
$186B
| $1.64B | 0.82% | 35,242,380 -2,900,000 | -8% | -$135M |
|
17
Chevron
CVX
$324B
| $1.58B | 0.79% | 16,366,019 +109,756 | +0.7% | +$10.6M |
|
|
18
AT&T
T
$209B
| $1.55B | 0.77% | 43,645,046 +7,909,287 | +22% | +$281M |
|
19
Bank of America
BAC
$376B
| $1.48B | 0.74% | 86,938,574 -574,718 | -0.7% | -$9.78M |
|
20
Merck
MRK
$210B
| $1.45B | 0.73% | 25,507,955 +521,957 | +2% | +$29.7M |
|
21
Oracle
ORCL
$635B
| $1.44B | 0.72% | 35,735,155 -435,638 | -1% | -$17.6M |
|
22
Coca-Cola
KO
$297B
| $1.41B | 0.7% | 35,828,084 +249,517 | +0.7% | +$9.79M |
|
23
IBM
IBM
$227B
| $1.4B | 0.7% | 8,579,480 -17,514 | -0.2% | -$2.85M |
|
24
Gilead Sciences
GILD
$140B
| $1.39B | 0.7% | 11,892,569 +48,699 | +0.4% | +$5.7M |
|
25
Citigroup
C
$178B
| $1.37B | 0.68% | 24,803,400 +14,357 | +0.1% | +$793K |
|