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 |
Alibaba
BABA
|
$468M |
| 2 |
Boston Properties
BXP
|
$381M |
| 3 |
Verizon
VZ
|
$324M |
| 4 |
Vornado Realty Trust
VNO
|
$289M |
| 5 |
Intuitive Surgical
ISRG
|
$233M |
Top Sells
| 1 |
Blackrock
BLK
|
$612M |
| 2 |
Nucor
NUE
|
$315M |
| 3 |
Ameriprise Financial
AMP
|
$314M |
| 4 |
Aflac
AFL
|
$220M |
| 5 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
$215M |
Sector Composition
| 1 | Financials | 18.89% |
| 2 | Technology | 16.08% |
| 3 | Healthcare | 12.94% |
| 4 | Consumer Discretionary | 10.19% |
| 5 | Communication Services | 9.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Apple
AAPL
$3.45T
| $8.59B | 3.08% | 50,785,599 -449,233 | -0.9% | -$76M |
|
2
Microsoft
MSFT
$3.77T
| $6.2B | 2.22% | 72,426,175 -123,084 | -0.2% | -$10.5M |
|
3
Amazon
AMZN
$2.44T
| $4.73B | 1.7% | 4,046,883 +125,508 | +3% | +$147M |
|
4
Meta Platforms (Facebook)
META
$1.86T
| $3.88B | 1.39% | 21,976,432 -155,287 | -0.7% | -$27.4M |
|
5
Alphabet (Google) Class A
GOOGL
$2.57T
| $3.69B | 1.32% | 3,504,538 +103,157 | +3% | +$109M |
|
6
Johnson & Johnson
JNJ
$427B
| $3.57B | 1.28% | 25,534,472 -230,213 | -0.9% | -$32.2M |
|
7
JPMorgan Chase
JPM
$829B
| $3.38B | 1.21% | 31,608,928 -655,074 | -2% | -$70.1M |
|
8
Bank of America
BAC
$376B
| $3.29B | 1.18% | 111,550,532 -386,755 | -0.3% | -$11.4M |
|
9
Exxon Mobil
XOM
$487B
| $3.29B | 1.18% | 39,326,509 +181,495 | +0.5% | +$15.2M |
|
10
Wells Fargo
WFC
$263B
| $2.81B | 1.01% | 46,311,696 +721,551 | +2% | +$43.8M |
|
|
11
Alphabet (Google) Class C
GOOG
$2.58T
| $2.54B | 0.91% | 2,422,946 -55,991 | -2% | -$58.6M |
|
12
Chevron
CVX
$324B
| $2.39B | 0.86% | 19,061,459 +302,346 | +2% | +$37.9M |
|
13
UBS Group
UBS
$128B
| $2.34B | 0.84% | 126,843,764 -2,458,709 | -2% | -$45.3M |
|
14
AT&T
T
$209B
| $2.28B | 0.82% | 58,720,555 +3,881,285 | +7% | +$151M |
|
15
Home Depot
HD
$405B
| $2.2B | 0.79% | 11,588,096 -171,841 | -1% | -$32.6M |
|
16
Citigroup
C
$178B
| $2.19B | 0.79% | 29,476,257 -2,094,532 | -7% | -$156M |
|
17
Procter & Gamble
PG
$368B
| $2.16B | 0.77% | 23,491,282 +44,051 | +0.2% | +$4.05M |
|
|
18
Verizon
VZ
$186B
| $2.16B | 0.77% | 40,751,691 +6,116,350 | +18% | +$324M |
|
19
Intel
INTC
$107B
| $2.11B | 0.76% | 45,701,121 +154,351 | +0.3% | +$7.12M |
|
20
Pfizer
PFE
$141B
| $2.08B | 0.75% | 57,562,847 -416,387 | -0.7% | -$15.1M |
|
21
Berkshire Hathaway Class A
BRK.A
$1.09T
| $2.03B | 0.73% | 6,826 +48 | +0.7% | +$14.3M |
|
22
UnitedHealth
UNH
$281B
| $1.97B | 0.71% | 8,950,791 -47,267 | -0.5% | -$10.4M |
|
23
Visa
V
$683B
| $1.94B | 0.7% | 17,011,127 +474,431 | +3% | +$54.1M |
|
24
Comcast
CMCSA
$125B
| $1.86B | 0.67% | 46,434,751 +210,497 | +0.5% | +$8.43M |
|
25
Cisco
CSCO
$274B
| $1.77B | 0.63% | 46,170,335 +706,190 | +2% | +$27M |
|