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 |
NextEra Energy, Inc.
NEE
|
$1.79B |
| 2 |
QuantumScape
QS
|
$549M |
| 3 |
Meta Platforms (Facebook)
META
|
$443M |
| 4 |
Unilever
UL
|
$365M |
| 5 |
NetEase
NTES
|
$363M |
Top Sells
| 1 |
American International
AIG
|
$389M |
| 2 |
UN
Unilever NV New York Registry Shares
UN
|
$368M |
| 3 |
VER
VEREIT, Inc.
VER
|
$355M |
| 4 |
Lear
LEA
|
$304M |
| 5 |
3M
MMM
|
$286M |
Sector Composition
| 1 | Technology | 23.45% |
| 2 | Consumer Discretionary | 14.21% |
| 3 | Financials | 13.77% |
| 4 | Healthcare | 12.84% |
| 5 | Communication Services | 10.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Apple
AAPL
$3.45T
| $22.2B | 5.19% | 167,580,974 -1,254,106 | -0.7% | -$166M |
|
2
Microsoft
MSFT
$3.77T
| $17.7B | 4.13% | 79,570,166 +205,184 | +0.3% | +$45.6M |
|
3
Amazon
AMZN
$2.44T
| $14.9B | 3.47% | 4,567,893 -83,702 | -2% | -$273M |
|
4
Alphabet (Google) Class A
GOOGL
$2.57T
| $9.52B | 2.22% | 5,433,638 +109,757 | +2% | +$192M |
|
|
5
Meta Platforms (Facebook)
META
$1.86T
| $8.02B | 1.87% | 29,365,846 +1,622,081 | +6% | +$443M |
|
6
Alibaba
BABA
$322B
| $5.71B | 1.33% | 24,548,114 -301,419 | -1% | -$70.1M |
|
7
Tesla
TSLA
$1.08T
| $5.5B | 1.28% | 7,790,070 -62,129 | -0.8% | -$43.8M |
|
8
Johnson & Johnson
JNJ
$427B
| $4.37B | 1.02% | 27,770,786 -454,315 | -2% | -$71.5M |
|
9
Procter & Gamble
PG
$368B
| $3.68B | 0.86% | 26,441,032 -51,046 | -0.2% | -$7.1M |
|
10
JPMorgan Chase
JPM
$829B
| $3.5B | 0.82% | 27,557,363 +993,903 | +4% | +$126M |
|
11
UnitedHealth
UNH
$281B
| $3.4B | 0.79% | 9,689,449 +34,642 | +0.4% | +$12.1M |
|
12
Visa
V
$683B
| $3.31B | 0.77% | 15,111,543 -201,150 | -1% | -$44M |
|
13
Mastercard
MA
$538B
| $3.29B | 0.77% | 9,219,358 -117,271 | -1% | -$41.9M |
|
14
Home Depot
HD
$405B
| $3.15B | 0.74% | 11,873,412 +36,335 | +0.3% | +$9.65M |
|
15
NVIDIA
NVDA
$4.24T
| $3.08B | 0.72% | 5,890,900 -101,647 | -2% | -$53.1M |
|
16
T-Mobile US
TMUS
$284B
| $3.01B | 0.7% | 22,341,262 +1,900,632 | +9% | +$256M |
|
17
Walt Disney
DIS
$213B
| $3B | 0.7% | 16,576,254 +426,795 | +3% | +$77.3M |
|
18
Bank of America
BAC
$376B
| $2.9B | 0.68% | 95,739,653 +6,579,243 | +7% | +$199M |
|
19
Linde
LIN
$224B
| $2.72B | 0.64% | 10,339,292 +308,371 | +3% | +$81.1M |
|
20
Comcast
CMCSA
$125B
| $2.71B | 0.63% | 51,781,679 +1,636,538 | +3% | +$85.8M |
|
21
PayPal
PYPL
$67.1B
| $2.62B | 0.61% | 11,194,390 -293,456 | -3% | -$68.7M |
|
22
Berkshire Hathaway Class A
BRK.A
$1.09T
| $2.61B | 0.61% | 7,504 +114 | +2% | +$39.7M |
|
23
Netflix
NFLX
$513B
| $2.46B | 0.57% | 4,541,072 +229,600 | +5% | +$124M |
|
24
UBS Group
UBS
$128B
| $2.41B | 0.56% | 171,136,814 +3,378,896 | +2% | +$47.5M |
|
25
Verizon
VZ
$186B
| $2.37B | 0.55% | 40,391,486 -127,628 | -0.3% | -$7.5M |
|