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 |
CRH
CRH
|
$872M |
| 2 |
Welltower
WELL
|
$785M |
| 3 |
Kenvue
KVUE
|
$631M |
| 4 |
Simon Property Group
SPG
|
$575M |
| 5 |
Sempra
SRE
|
$522M |
Top Sells
| 1 |
Meta Platforms (Facebook)
META
|
$744M |
| 2 |
Johnson & Johnson
JNJ
|
$664M |
| 3 |
Apple
AAPL
|
$565M |
| 4 |
LSI
Life Storage, Inc.
LSI
|
$408M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$370M |
Sector Composition
| 1 | Technology | 27.06% |
| 2 | Financials | 13.87% |
| 3 | Healthcare | 12.92% |
| 4 | Consumer Discretionary | 11.28% |
| 5 | Communication Services | 8.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$3.45T
| $29.6B | 6.01% | 172,984,689 -3,301,521 | -2% | -$565M |
|
2
Microsoft
MSFT
$3.77T
| $28.9B | 5.87% | 91,660,242 -967,565 | -1% | -$306M |
|
3
Amazon
AMZN
$2.44T
| $14.1B | 2.87% | 111,113,709 +700,987 | +0.6% | +$89.1M |
|
|
4
Alphabet (Google) Class A
GOOGL
$2.57T
| $13.7B | 2.79% | 105,008,741 -2,270,232 | -2% | -$297M |
|
5
NVIDIA
NVDA
$4.25T
| $12.4B | 2.52% | 28,565,307 -653,987 | -2% | -$284M |
|
|
6
Meta Platforms (Facebook)
META
$1.86T
| $9.14B | 1.85% | 30,447,524 -2,478,976 | -8% | -$744M |
|
7
Tesla
TSLA
$1.08T
| $7.23B | 1.47% | 28,913,160 -245,613 | -0.8% | -$61.5M |
|
8
Exxon Mobil
XOM
$487B
| $5.95B | 1.21% | 50,569,003 -99,405 | -0.2% | -$11.7M |
|
9
Eli Lilly
LLY
$657B
| $5.3B | 1.08% | 9,870,179 +22,477 | +0.2% | +$12.1M |
|
10
UnitedHealth
UNH
$281B
| $5.29B | 1.07% | 10,482,883 -25,084 | -0.2% | -$12.6M |
|
11
JPMorgan Chase
JPM
$829B
| $5.03B | 1.02% | 34,663,390 -663,251 | -2% | -$96.2M |
|
12
UBS Group
UBS
$128B
| $4.4B | 0.89% | 177,392,210 +8,316,725 | +5% | +$206M |
|
13
Mastercard
MA
$538B
| $4B | 0.81% | 10,112,719 +8,600 | +0.1% | +$3.4M |
|
14
Berkshire Hathaway Class B
BRK.B
$1.09T
| $3.83B | 0.78% | 10,947,703 +266,063 | +2% | +$93.2M |
|
15
Procter & Gamble
PG
$368B
| $3.83B | 0.78% | 26,288,970 +247,976 | +1% | +$36.2M |
|
16
Visa
V
$683B
| $3.68B | 0.75% | 16,011,445 +359,893 | +2% | +$82.8M |
|
|
17
Johnson & Johnson
JNJ
$427B
| $3.67B | 0.75% | 23,588,560 -4,261,363 | -15% | -$664M |
|
18
Broadcom
AVGO
$1.4T
| $3.64B | 0.74% | 4,386,570 -55,625 | -1% | -$46.2M |
|
19
Home Depot
HD
$405B
| $3.61B | 0.73% | 11,940,510 +87,115 | +0.7% | +$26.3M |
|
|
20
Alphabet (Google) Class C
GOOG
$2.58T
| $3.61B | 0.73% | 27,345,455 -2,807,545 | -9% | -$370M |
|
21
Walmart
WMT
$774B
| $3.55B | 0.72% | 22,218,284 +150,334 | +0.7% | +$24M |
|
22
Thermo Fisher Scientific
TMO
$186B
| $3.11B | 0.63% | 6,152,304 -475,629 | -7% | -$241M |
|
23
AbbVie
ABBV
$372B
| $3.05B | 0.62% | 20,456,512 +108,987 | +0.5% | +$16.2M |
|
24
Costco
COST
$418B
| $3.02B | 0.61% | 5,353,715 +134,602 | +3% | +$76M |
|
25
Chevron
CVX
$324B
| $2.97B | 0.6% | 17,599,119 +454,864 | +3% | +$76.7M |
|