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 |
DuPont de Nemours
DD
|
$803M |
| 2 |
Lear
LEA
|
$194M |
| 3 |
Vornado Realty Trust
VNO
|
$185M |
| 4 |
Alibaba
BABA
|
$180M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$172M |
Top Sells
| 1 |
DD
Du Pont De Nemours E I
DD
|
$712M |
| 2 |
Blackrock
BLK
|
$449M |
| 3 |
Ameriprise Financial
AMP
|
$291M |
| 4 |
BHI
Baker Hughes
BHI
|
$220M |
| 5 |
Chemours
CC
|
$210M |
Sector Composition
| 1 | Financials | 18.77% |
| 2 | Technology | 15.65% |
| 3 | Healthcare | 13.61% |
| 4 | Consumer Discretionary | 9.6% |
| 5 | Industrials | 9.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Apple
AAPL
$3.45T
| $7.9B | 3% | 51,234,832 -111,209 | -0.2% | -$17.1M |
|
2
Microsoft
MSFT
$3.77T
| $5.4B | 2.05% | 72,549,259 +159,460 | +0.2% | +$11.9M |
|
3
Meta Platforms (Facebook)
META
$1.86T
| $3.78B | 1.44% | 22,131,719 +255,013 | +1% | +$43.6M |
|
4
Amazon
AMZN
$2.44T
| $3.77B | 1.43% | 3,921,375 +36,386 | +0.9% | +$35M |
|
5
Johnson & Johnson
JNJ
$427B
| $3.35B | 1.27% | 25,764,685 -110,189 | -0.4% | -$14.3M |
|
|
6
Alphabet (Google) Class A
GOOGL
$2.57T
| $3.31B | 1.26% | 3,401,381 +177,017 | +5% | +$172M |
|
7
Exxon Mobil
XOM
$487B
| $3.21B | 1.22% | 39,145,014 +68,491 | +0.2% | +$5.61M |
|
8
JPMorgan Chase
JPM
$829B
| $3.08B | 1.17% | 32,264,002 -1,584,183 | -5% | -$151M |
|
9
Bank of America
BAC
$376B
| $2.84B | 1.08% | 111,937,287 +6,448,460 | +6% | +$163M |
|
10
Wells Fargo
WFC
$263B
| $2.51B | 0.95% | 45,590,145 -1,063,388 | -2% | -$58.6M |
|
|
11
Alphabet (Google) Class C
GOOG
$2.58T
| $2.38B | 0.9% | 2,478,937 -180,475 | -7% | -$173M |
|
12
Citigroup
C
$178B
| $2.3B | 0.87% | 31,570,789 +764,255 | +2% | +$55.6M |
|
13
UBS Group
UBS
$128B
| $2.21B | 0.84% | 129,302,473 -1,301,234 | -1% | -$22.3M |
|
14
Chevron
CVX
$324B
| $2.2B | 0.84% | 18,759,113 -46,412 | -0.2% | -$5.45M |
|
15
AT&T
T
$209B
| $2.15B | 0.82% | 54,839,270 +819,342 | +2% | +$32.1M |
|
16
Procter & Gamble
PG
$368B
| $2.13B | 0.81% | 23,447,231 | – | – |
|
17
Pfizer
PFE
$141B
| $2.07B | 0.79% | 57,979,234 -109,292 | -0.2% | -$3.9M |
|
18
Home Depot
HD
$405B
| $1.92B | 0.73% | 11,759,937 +54,160 | +0.5% | +$8.86M |
|
19
GE Aerospace
GE
$292B
| $1.9B | 0.72% | 78,639,665 -60,195 | -0.1% | -$1.46M |
|
20
Berkshire Hathaway Class A
BRK.A
$1.09T
| $1.86B | 0.71% | 6,778 +113 | +2% | +$31M |
|
21
Merck
MRK
$210B
| $1.81B | 0.69% | 28,271,189 -90,689 | -0.3% | -$5.81M |
|
22
Comcast
CMCSA
$125B
| $1.78B | 0.68% | 46,224,254 -1,956,787 | -4% | -$75.3M |
|
|
23
Blackrock
BLK
$175B
| $1.78B | 0.67% | 3,977,962 -1,003,890 | -20% | -$449M |
|
24
UnitedHealth
UNH
$281B
| $1.76B | 0.67% | 8,998,058 | – | – |
|
25
Visa
V
$683B
| $1.74B | 0.66% | 16,536,696 +650,077 | +4% | +$68.4M |
|