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 |
Broadcom
AVGO
|
$487M |
| 2 |
Aptiv
APTV
|
$362M |
| 3 |
LyondellBasell Industries
LYB
|
$338M |
| 4 |
Alphabet (Google) Class C
GOOG
|
$284M |
| 5 |
NXP Semiconductors
NXPI
|
$204M |
Top Sells
| 1 |
EMC
EMC CORPORATION
EMC
|
$479M |
| 2 |
Duke Energy
DUK
|
$392M |
| 3 |
Verizon
VZ
|
$242M |
| 4 |
Herc Holdings
HRI
|
$177M |
| 5 |
Crown Castle
CCI
|
$174M |
Sector Composition
| 1 | Financials | 17.63% |
| 2 | Technology | 14.6% |
| 3 | Healthcare | 13.9% |
| 4 | Consumer Discretionary | 9.72% |
| 5 | Industrials | 8.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Apple
AAPL
$3.45T
| $5.51B | 2.6% | 51,040,938 -1,065,269 | -2% | -$115M |
|
2
Microsoft
MSFT
$3.77T
| $3.78B | 1.79% | 68,680,955 -146,497 | -0.2% | -$8.06M |
|
3
Johnson & Johnson
JNJ
$427B
| $3.05B | 1.44% | 27,056,416 +160,867 | +0.6% | +$18.2M |
|
4
Exxon Mobil
XOM
$487B
| $3B | 1.42% | 36,030,554 -22,463 | -0.1% | -$1.87M |
|
5
Blackrock
BLK
$175B
| $3B | 1.42% | 8,668,942 -4,317 | -0% | -$1.49M |
|
6
Amazon
AMZN
$2.44T
| $2.82B | 1.33% | 3,526,262 +87,960 | +3% | +$70.3M |
|
|
7
Alphabet (Google) Class A
GOOGL
$2.57T
| $2.5B | 1.18% | 3,252,484 -203,410 | -6% | -$156M |
|
8
Wells Fargo
WFC
$263B
| $2.19B | 1.03% | 51,702,142 -585,879 | -1% | -$24.8M |
|
9
GE Aerospace
GE
$292B
| $2.18B | 1.03% | 77,093,168 -1,747,974 | -2% | -$49.5M |
|
10
Meta Platforms (Facebook)
META
$1.86T
| $2.15B | 1.02% | 17,578,750 +204,166 | +1% | +$25M |
|
11
JPMorgan Chase
JPM
$829B
| $2.15B | 1.01% | 33,754,897 +117,533 | +0.3% | +$7.48M |
|
12
Procter & Gamble
PG
$368B
| $2.11B | 1% | 24,627,329 -512,993 | -2% | -$44M |
|
13
AT&T
T
$209B
| $2.06B | 0.97% | 53,002,938 +182,112 | +0.3% | +$7.06M |
|
|
14
Alphabet (Google) Class C
GOOG
$2.58T
| $1.84B | 0.87% | 2,480,228 +382,427 | +18% | +$284M |
|
15
Pfizer
PFE
$141B
| $1.83B | 0.87% | 56,675,266 +432,900 | +0.8% | +$14M |
|
16
Chevron
CVX
$324B
| $1.76B | 0.83% | 17,924,598 +1,311,355 | +8% | +$129M |
|
17
UBS Group
UBS
$128B
| $1.72B | 0.81% | 131,864,975 +326,634 | +0.2% | +$4.26M |
|
18
Intel
INTC
$107B
| $1.69B | 0.8% | 46,998,065 -351,454 | -0.7% | -$12.7M |
|
|
19
Verizon
VZ
$186B
| $1.62B | 0.76% | 32,534,422 -4,872,126 | -13% | -$242M |
|
20
Visa
V
$683B
| $1.61B | 0.76% | 20,441,012 +1,181,621 | +6% | +$93.3M |
|
21
Merck
MRK
$210B
| $1.61B | 0.76% | 27,027,734 +410,733 | +2% | +$24.5M |
|
22
Bank of America
BAC
$376B
| $1.52B | 0.72% | 101,679,392 +6,019,437 | +6% | +$90M |
|
23
Comcast
CMCSA
$125B
| $1.52B | 0.72% | 23,929,781 -2,215,486 | -8% | -$140M |
|
24
Prudential Financial
PRU
$38.6B
| $1.51B | 0.71% | 19,331,402 -332,927 | -2% | -$26M |
|
25
Coca-Cola
KO
$297B
| $1.47B | 0.69% | 36,254,042 -202,299 | -0.6% | -$8.18M |
|