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
|
$775M |
| 2 |
Vornado Realty Trust
VNO
|
$316M |
| 3 |
Equity Residential
EQR
|
$296M |
| 4 |
Amazon
AMZN
|
$225M |
| 5 |
Fiserv
FI
|
$140M |
Top Sells
| 1 |
UBS Group
UBS
|
$255M |
| 2 |
Aptiv
APTV
|
$251M |
| 3 |
TechnipFMC
FTI
|
$230M |
| 4 |
Apple
AAPL
|
$209M |
| 5 |
Alcoa
AA
|
$182M |
Sector Composition
| 1 | Financials | 18.71% |
| 2 | Technology | 17.18% |
| 3 | Healthcare | 12.82% |
| 4 | Consumer Discretionary | 10.94% |
| 5 | Communication Services | 9.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$3.45T
| $8.31B | 3.01% | 49,537,229 -1,248,370 | -2% | -$209M |
|
2
Microsoft
MSFT
$3.77T
| $6.71B | 2.43% | 73,510,649 +1,084,474 | +1% | +$99M |
|
|
3
Amazon
AMZN
$2.44T
| $6.08B | 2.2% | 4,202,305 +155,422 | +4% | +$225M |
|
4
Alphabet (Google) Class A
GOOGL
$2.57T
| $3.69B | 1.34% | 3,562,648 +58,110 | +2% | +$60.3M |
|
5
Meta Platforms (Facebook)
META
$1.86T
| $3.64B | 1.32% | 22,760,445 +784,013 | +4% | +$125M |
|
6
JPMorgan Chase
JPM
$829B
| $3.43B | 1.24% | 31,194,982 -413,946 | -1% | -$45.5M |
|
7
Bank of America
BAC
$376B
| $3.36B | 1.22% | 112,057,013 +506,481 | +0.5% | +$15.2M |
|
8
Johnson & Johnson
JNJ
$427B
| $3.3B | 1.19% | 25,755,317 +220,845 | +0.9% | +$28.3M |
|
9
Exxon Mobil
XOM
$487B
| $2.95B | 1.07% | 39,583,477 +256,968 | +0.7% | +$19.2M |
|
10
Wells Fargo
WFC
$263B
| $2.53B | 0.91% | 48,188,667 +1,876,971 | +4% | +$98.4M |
|
|
11
Alphabet (Google) Class C
GOOG
$2.58T
| $2.52B | 0.91% | 2,443,772 +20,826 | +0.9% | +$21.5M |
|
12
Intel
INTC
$107B
| $2.36B | 0.85% | 45,289,195 -411,926 | -0.9% | -$21.5M |
|
13
Chevron
CVX
$324B
| $2.17B | 0.79% | 19,061,459 | – | – |
|
14
Cisco
CSCO
$274B
| $2.08B | 0.75% | 48,528,210 +2,357,875 | +5% | +$101M |
|
15
Visa
V
$683B
| $2.07B | 0.75% | 17,296,848 +285,721 | +2% | +$34.2M |
|
16
Pfizer
PFE
$141B
| $2.05B | 0.74% | 57,838,101 +275,254 | +0.5% | +$9.77M |
|
17
Berkshire Hathaway Class A
BRK.A
$1.09T
| $2.04B | 0.74% | 6,826 | – | – |
|
18
Home Depot
HD
$405B
| $2.04B | 0.74% | 11,442,144 -145,952 | -1% | -$26M |
|
19
AT&T
T
$209B
| $2B | 0.72% | 56,010,381 -2,710,174 | -5% | -$96.6M |
|
|
20
UBS Group
UBS
$128B
| $1.97B | 0.71% | 112,311,790 -14,531,974 | -11% | -$255M |
|
21
UnitedHealth
UNH
$281B
| $1.92B | 0.69% | 8,950,791 | – | – |
|
22
Verizon
VZ
$186B
| $1.91B | 0.69% | 39,856,445 -895,246 | -2% | -$42.8M |
|
23
Procter & Gamble
PG
$368B
| $1.86B | 0.67% | 23,425,093 -66,189 | -0.3% | -$5.25M |
|
24
Citigroup
C
$178B
| $1.83B | 0.66% | 27,083,752 -2,392,505 | -8% | -$161M |
|
25
Mastercard
MA
$538B
| $1.62B | 0.59% | 9,237,117 +103,584 | +1% | +$18.1M |
|