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 |
Walmart
WMT
|
$2.79B |
| 2 |
Alphabet (Google) Class C
GOOG
|
$1.26B |
| 3 |
Flutter Entertainment
FLUT
|
$820M |
| 4 |
Micron Technology
MU
|
$617M |
| 5 |
UnitedHealth
UNH
|
$480M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
$2.54B |
| 2 |
Apple
AAPL
|
$1.82B |
| 3 |
T-Mobile US
TMUS
|
$827M |
| 4 |
Amazon
AMZN
|
$746M |
| 5 |
Microsoft
MSFT
|
$606M |
Sector Composition
| 1 | Technology | 28.03% |
| 2 | Financials | 14.31% |
| 3 | Healthcare | 12.25% |
| 4 | Consumer Discretionary | 10.84% |
| 5 | Communication Services | 8.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Microsoft
MSFT
$3.77T
| $39.6B | 6.25% | 94,082,543 -1,439,336 | -2% | -$606M |
|
|
2
Apple
AAPL
$3.45T
| $28.4B | 4.48% | 165,518,741 -10,622,462 | -6% | -$1.82B |
|
3
NVIDIA
NVDA
$4.24T
| $26.2B | 4.13% | 28,951,284 -543,424 | -2% | -$491M |
|
|
4
Amazon
AMZN
$2.44T
| $20.3B | 3.2% | 112,360,870 -4,136,109 | -4% | -$746M |
|
5
Meta Platforms (Facebook)
META
$1.86T
| $15B | 2.36% | 30,788,053 -1,096,497 | -3% | -$532M |
|
|
6
Alphabet (Google) Class A
GOOGL
$2.57T
| $14.1B | 2.23% | 93,710,521 -16,833,660 | -15% | -$2.54B |
|
7
Eli Lilly
LLY
$657B
| $8.34B | 1.32% | 10,716,019 +435,209 | +4% | +$339M |
|
8
JPMorgan Chase
JPM
$829B
| $7.36B | 1.16% | 36,740,801 +1,368,206 | +4% | +$274M |
|
9
Broadcom
AVGO
$1.4T
| $7.19B | 1.14% | 5,426,183 -151,409 | -3% | -$201M |
|
10
Exxon Mobil
XOM
$487B
| $6.59B | 1.04% | 56,719,694 +1,511,126 | +3% | +$176M |
|
|
11
UnitedHealth
UNH
$281B
| $5.93B | 0.94% | 11,991,964 +970,955 | +9% | +$480M |
|
|
12
Alphabet (Google) Class C
GOOG
$2.58T
| $5.69B | 0.9% | 37,370,582 +8,270,748 | +28% | +$1.26B |
|
13
Tesla
TSLA
$1.08T
| $5.59B | 0.88% | 31,827,068 +256,090 | +0.8% | +$45M |
|
14
Mastercard
MA
$538B
| $5.37B | 0.85% | 11,158,339 +383,542 | +4% | +$185M |
|
15
UBS Group
UBS
$128B
| $5.11B | 0.81% | 166,027,298 +4,761,152 | +3% | +$146M |
|
16
Procter & Gamble
PG
$368B
| $4.74B | 0.75% | 29,229,606 +2,232,763 | +8% | +$362M |
|
17
Bank of America
BAC
$376B
| $4.58B | 0.72% | 120,765,990 +9,853,994 | +9% | +$374M |
|
18
Berkshire Hathaway Class B
BRK.B
$1.09T
| $4.56B | 0.72% | 10,852,762 -630,293 | -5% | -$265M |
|
19
Home Depot
HD
$405B
| $4.52B | 0.71% | 11,794,192 -645,772 | -5% | -$248M |
|
20
Johnson & Johnson
JNJ
$427B
| $4.51B | 0.71% | 28,488,782 +2,511,740 | +10% | +$397M |
|
|
21
Walmart
WMT
$774B
| $4.19B | 0.66% | 69,618,879 +46,309,954 | +199% | +$2.79B |
|
22
Advanced Micro Devices
AMD
$264B
| $4.12B | 0.65% | 22,826,986 -417,905 | -2% | -$75.4M |
|
23
Visa
V
$683B
| $4.1B | 0.65% | 14,703,359 -257,328 | -2% | -$71.8M |
|
24
AbbVie
ABBV
$372B
| $4.02B | 0.63% | 22,064,769 +1,222,746 | +6% | +$223M |
|
25
Merck
MRK
$210B
| $3.95B | 0.62% | 29,933,953 +1,422,065 | +5% | +$188M |
|