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 |
Alphabet (Google) Class A
GOOGL
|
$424M |
| 2 |
Ameriprise Financial
AMP
|
$233M |
| 3 |
Verizon
VZ
|
$231M |
| 4 |
Broadcom
AVGO
|
$219M |
| 5 |
UBS Group
UBS
|
$217M |
Top Sells
| 1 |
Comcast
CMCSA
|
$680M |
| 2 |
Prologis
PLD
|
$434M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
$291M |
| 4 |
Macerich
MAC
|
$291M |
| 5 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
$280M |
Sector Composition
| 1 | Financials | 18.2% |
| 2 | Technology | 14.08% |
| 3 | Healthcare | 13.56% |
| 4 | Consumer Discretionary | 9.91% |
| 5 | Communication Services | 9.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Apple
AAPL
$3.45T
| $5.43B | 2.67% | 49,822,502 +1,674,403 | +3% | +$182M |
|
2
Microsoft
MSFT
$3.77T
| $3.79B | 1.86% | 68,598,407 +2,096,273 | +3% | +$116M |
|
3
Blackrock
BLK
$175B
| $3.1B | 1.53% | 9,114,638 -236,398 | -3% | -$80.5M |
|
4
Exxon Mobil
XOM
$487B
| $3B | 1.48% | 35,946,481 +721,048 | +2% | +$60.3M |
|
5
Johnson & Johnson
JNJ
$427B
| $2.81B | 1.38% | 25,930,201 +1,274,044 | +5% | +$138M |
|
6
GE Aerospace
GE
$292B
| $2.5B | 1.23% | 78,700,732 +5,903,381 | +8% | +$188M |
|
7
Wells Fargo
WFC
$263B
| $2.46B | 1.21% | 50,791,197 +1,212,118 | +2% | +$58.6M |
|
|
8
Verizon
VZ
$186B
| $2.28B | 1.12% | 42,169,672 +4,262,450 | +11% | +$231M |
|
|
9
UBS Group
UBS
$128B
| $2.17B | 1.06% | 133,887,709 +13,436,501 | +11% | +$217M |
|
|
10
Alphabet (Google) Class A
GOOGL
$2.57T
| $2.12B | 1.04% | 2,782,368 +556,304 | +25% | +$424M |
|
11
AT&T
T
$209B
| $2.04B | 1% | 52,011,554 +852,430 | +2% | +$33.4M |
|
12
Procter & Gamble
PG
$368B
| $2.01B | 0.99% | 24,447,488 +1,116,825 | +5% | +$91.9M |
|
13
Meta Platforms (Facebook)
META
$1.86T
| $1.96B | 0.96% | 17,181,534 +1,177,977 | +7% | +$134M |
|
14
Amazon
AMZN
$2.44T
| $1.92B | 0.95% | 3,239,848 +148,772 | +5% | +$88.3M |
|
|
15
Alphabet (Google) Class C
GOOG
$2.58T
| $1.91B | 0.94% | 2,561,788 -58,851 | -2% | -$43.8M |
|
16
JPMorgan Chase
JPM
$829B
| $1.86B | 0.92% | 31,479,834 -899,216 | -3% | -$53.3M |
|
17
Aflac
AFL
$57.2B
| $1.72B | 0.84% | 27,187,100 +37,888 | +0.1% | +$2.39M |
|
18
Pfizer
PFE
$141B
| $1.68B | 0.82% | 56,541,669 +94,715 | +0.2% | +$2.81M |
|
19
Coca-Cola
KO
$297B
| $1.64B | 0.8% | 35,257,636 +257,166 | +0.7% | +$11.9M |
|
20
Chevron
CVX
$324B
| $1.54B | 0.76% | 16,153,494 -1,097,794 | -6% | -$105M |
|
21
Intel
INTC
$107B
| $1.51B | 0.74% | 46,634,310 +1,201,173 | +3% | +$38.9M |
|
22
Home Depot
HD
$405B
| $1.49B | 0.73% | 11,181,731 -159,785 | -1% | -$21.3M |
|
|
23
Comcast
CMCSA
$125B
| $1.47B | 0.73% | 24,133,064 -11,136,311 | -32% | -$680M |
|
24
Merck
MRK
$210B
| $1.47B | 0.72% | 27,692,632 +370,005 | +1% | +$19.6M |
|
25
Visa
V
$683B
| $1.46B | 0.72% | 19,104,267 +1,899,854 | +11% | +$145M |
|