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 |
CSX Corp
CSX
|
$495M |
| 2 |
Canadian Pacific Kansas City
CP
|
$455M |
| 3 |
Sherwin-Williams
SHW
|
$406M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
$344M |
| 5 |
UDR
UDR
|
$344M |
Top Sells
| 1 |
Apple
AAPL
|
$1.03B |
| 2 |
Alphabet (Google) Class C
GOOG
|
$976M |
| 3 |
Citigroup
C
|
$352M |
| 4 |
Linde
LIN
|
$351M |
| 5 |
Microsoft
MSFT
|
$331M |
Sector Composition
| 1 | Technology | 23.31% |
| 2 | Financials | 14.41% |
| 3 | Healthcare | 12.63% |
| 4 | Consumer Discretionary | 12.55% |
| 5 | Communication Services | 10.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$3.45T
| $20.8B | 4.51% | 151,760,076 -7,487,836 | -5% | -$1.03B |
|
|
2
Microsoft
MSFT
$3.77T
| $20.7B | 4.49% | 76,426,586 -1,223,273 | -2% | -$331M |
|
3
Amazon
AMZN
$2.44T
| $15.1B | 3.27% | 4,381,671 -42,663 | -1% | -$147M |
|
|
4
Alphabet (Google) Class A
GOOGL
$2.57T
| $14.3B | 3.11% | 5,866,269 +141,033 | +2% | +$344M |
|
5
Meta Platforms (Facebook)
META
$1.86T
| $10.5B | 2.28% | 30,261,089 +128,129 | +0.4% | +$44.6M |
|
6
Tesla
TSLA
$1.08T
| $4.81B | 1.04% | 7,079,672 +399,112 | +6% | +$271M |
|
7
JPMorgan Chase
JPM
$829B
| $4.42B | 0.96% | 28,399,141 +856,015 | +3% | +$133M |
|
8
NVIDIA
NVDA
$4.25T
| $4.38B | 0.95% | 5,471,467 -173,597 | -3% | -$139M |
|
9
Johnson & Johnson
JNJ
$427B
| $4.25B | 0.92% | 25,808,450 -1,169,667 | -4% | -$193M |
|
10
UnitedHealth
UNH
$281B
| $3.76B | 0.82% | 9,399,548 -336,207 | -3% | -$135M |
|
11
Bank of America
BAC
$376B
| $3.69B | 0.8% | 89,540,399 -5,564,628 | -6% | -$229M |
|
12
Home Depot
HD
$405B
| $3.54B | 0.77% | 11,102,856 -483,723 | -4% | -$154M |
|
13
Procter & Gamble
PG
$368B
| $3.34B | 0.72% | 24,756,289 -662,257 | -3% | -$89.4M |
|
14
Visa
V
$683B
| $3.19B | 0.69% | 13,629,351 -177,786 | -1% | -$41.6M |
|
15
Mastercard
MA
$538B
| $3.11B | 0.67% | 8,525,945 -485,595 | -5% | -$177M |
|
16
PayPal
PYPL
$67.1B
| $3.09B | 0.67% | 10,594,889 -263,622 | -2% | -$76.8M |
|
17
Comcast
CMCSA
$125B
| $2.91B | 0.63% | 50,980,620 +665,521 | +1% | +$37.9M |
|
18
Walt Disney
DIS
$213B
| $2.86B | 0.62% | 16,246,818 -641,986 | -4% | -$113M |
|
19
Berkshire Hathaway Class A
BRK.A
$1.09T
| $2.83B | 0.61% | 6,754 +156 | +2% | +$65.3M |
|
20
Exxon Mobil
XOM
$487B
| $2.55B | 0.55% | 40,478,451 -1,078,460 | -3% | -$68M |
|
21
Adobe
ADBE
$151B
| $2.46B | 0.53% | 4,194,268 -180,141 | -4% | -$105M |
|
22
Alexandria Real Estate Equities
ARE
$14.1B
| $2.45B | 0.53% | 13,487,741 +1,829,770 | +16% | +$333M |
|
23
Netflix
NFLX
$513B
| $2.43B | 0.53% | 4,607,512 +11,579 | +0.3% | +$6.12M |
|
24
Salesforce
CRM
$245B
| $2.43B | 0.53% | 9,962,822 -124,005 | -1% | -$30.3M |
|
25
UBS Group
UBS
$128B
| $2.39B | 0.52% | 156,233,658 +39,453 | +0% | +$604K |
|