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 |
Amazon
AMZN
|
$9.34B |
| 2 |
Microsoft
MSFT
|
$1.54B |
| 3 |
Apple
AAPL
|
$1.46B |
| 4 |
Meta Platforms (Facebook)
META
|
$984M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$712M |
Top Sells
| 1 |
Chevron
CVX
|
$355M |
| 2 |
T-Mobile US
TMUS
|
$350M |
| 3 |
ACC
American Campus Communities, Inc.
ACC
|
$306M |
| 4 |
CERN
Cerner Corp
CERN
|
$279M |
| 5 |
Exxon Mobil
XOM
|
$279M |
Sector Composition
| 1 | Technology | 23.7% |
| 2 | Financials | 14.37% |
| 3 | Healthcare | 14.2% |
| 4 | Consumer Discretionary | 10.56% |
| 5 | Communication Services | 8.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$3.45T
| $21.2B | 5.48% | 154,948,276 +10,700,330 | +7% | +$1.46B |
|
|
2
Microsoft
MSFT
$3.77T
| $20.6B | 5.33% | 80,217,466 +5,999,767 | +8% | +$1.54B |
|
|
3
Alphabet (Google) Class A
GOOGL
$2.57T
| $9.86B | 2.55% | 4,525,948 +326,526 | +8% | +$712M |
|
|
4
Amazon
AMZN
$2.44T
| $9.79B | 2.53% | 92,155,257 +87,938,380 | +2,085% | +$9.34B |
|
5
Tesla
TSLA
$1.08T
| $5.55B | 1.43% | 8,240,186 +484,890 | +6% | +$327M |
|
|
6
Meta Platforms (Facebook)
META
$1.86T
| $5.45B | 1.41% | 33,809,224 +6,103,892 | +22% | +$984M |
|
7
UnitedHealth
UNH
$281B
| $4.62B | 1.19% | 8,992,329 -109,775 | -1% | -$56.4M |
|
8
Johnson & Johnson
JNJ
$427B
| $4.22B | 1.09% | 23,798,347 -685,675 | -3% | -$122M |
|
|
9
Exxon Mobil
XOM
$487B
| $3.9B | 1.01% | 45,517,315 -3,260,060 | -7% | -$279M |
|
10
NVIDIA
NVDA
$4.25T
| $3.7B | 0.96% | 24,426,760 +1,854,867 | +8% | +$281M |
|
|
11
Alphabet (Google) Class C
GOOG
$2.58T
| $3.4B | 0.88% | 1,554,877 -35,751 | -2% | -$78.2M |
|
12
Procter & Gamble
PG
$368B
| $3.31B | 0.86% | 23,018,438 +70,751 | +0.3% | +$10.2M |
|
|
13
T-Mobile US
TMUS
$284B
| $3.15B | 0.81% | 23,408,875 -2,601,648 | -10% | -$350M |
|
14
Bank of America
BAC
$376B
| $3.03B | 0.78% | 97,302,827 +6,315,946 | +7% | +$197M |
|
15
Pfizer
PFE
$141B
| $2.97B | 0.77% | 56,552,841 +2,056 | +0% | +$108K |
|
16
Thermo Fisher Scientific
TMO
$186B
| $2.94B | 0.76% | 5,420,044 +319,546 | +6% | +$174M |
|
17
JPMorgan Chase
JPM
$829B
| $2.93B | 0.76% | 26,052,273 +291 | +0% | +$32.8K |
|
18
Home Depot
HD
$405B
| $2.88B | 0.74% | 10,499,816 +273,528 | +3% | +$75M |
|
19
Mastercard
MA
$538B
| $2.87B | 0.74% | 9,094,027 -60,518 | -0.7% | -$19.1M |
|
20
Berkshire Hathaway Class A
BRK.A
$1.09T
| $2.82B | 0.73% | 6,902 -178 | -3% | -$72.8M |
|
21
Eli Lilly
LLY
$657B
| $2.69B | 0.7% | 8,296,726 +181,638 | +2% | +$58.9M |
|
22
AbbVie
ABBV
$372B
| $2.65B | 0.69% | 17,303,385 -430,983 | -2% | -$66M |
|
23
Coca-Cola
KO
$297B
| $2.57B | 0.66% | 40,778,365 +2,295,816 | +6% | +$144M |
|
24
NextEra Energy, Inc.
NEE
$148B
| $2.49B | 0.64% | 32,188,035 +1,752,344 | +6% | +$136M |
|
25
Visa
V
$683B
| $2.42B | 0.63% | 12,314,002 -258,576 | -2% | -$50.9M |
|