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 |
NVIDIA
NVDA
|
$32.5B |
| 2 |
Apple
AAPL
|
$2.53B |
| 3 |
Alphabet (Google) Class A
GOOGL
|
$2.51B |
| 4 |
Microsoft
MSFT
|
$1.34B |
| 5 |
Amazon
AMZN
|
$1.27B |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
$1.82B |
| 2 |
NKLA
Nikola Corporation Common Stock
NKLA
|
$842M |
| 3 |
Palo Alto Networks
PANW
|
$696M |
| 4 |
Booking.com
BKNG
|
$632M |
| 5 |
Equinix
EQIX
|
$416M |
Sector Composition
| 1 | Technology | 30.29% |
| 2 | Financials | 13.68% |
| 3 | Healthcare | 11.64% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Communication Services | 8.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Microsoft
MSFT
$3.77T
| $43.4B | 6.48% | 97,071,282 +2,988,739 | +3% | +$1.34B |
|
|
2
Apple
AAPL
$3.45T
| $37.4B | 5.59% | 177,534,454 +12,015,713 | +7% | +$2.53B |
|
|
3
NVIDIA
NVDA
$4.24T
| $36B | 5.38% | 291,727,360 +262,776,076 | +908% | +$32.5B |
|
|
4
Amazon
AMZN
$2.44T
| $23B | 3.43% | 118,955,512 +6,594,642 | +6% | +$1.27B |
|
|
5
Alphabet (Google) Class A
GOOGL
$2.57T
| $19.6B | 2.92% | 107,481,872 +13,771,351 | +15% | +$2.51B |
|
6
Meta Platforms (Facebook)
META
$1.86T
| $15.4B | 2.29% | 30,461,739 -326,314 | -1% | -$165M |
|
7
Eli Lilly
LLY
$657B
| $9.96B | 1.49% | 11,004,852 +288,833 | +3% | +$262M |
|
8
Broadcom
AVGO
$1.4T
| $9.29B | 1.39% | 5,786,804 +360,621 | +7% | +$579M |
|
9
JPMorgan Chase
JPM
$829B
| $7.49B | 1.12% | 37,055,325 +314,524 | +0.9% | +$63.6M |
|
10
Exxon Mobil
XOM
$487B
| $7.4B | 1.11% | 64,291,477 +7,571,783 | +13% | +$872M |
|
11
Tesla
TSLA
$1.08T
| $6.1B | 0.91% | 30,831,666 -995,402 | -3% | -$197M |
|
12
UnitedHealth
UNH
$281B
| $5.96B | 0.89% | 11,710,175 -281,789 | -2% | -$144M |
|
|
13
Alphabet (Google) Class C
GOOG
$2.58T
| $5.04B | 0.75% | 27,452,243 -9,918,339 | -27% | -$1.82B |
|
14
Mastercard
MA
$538B
| $5.03B | 0.75% | 11,400,107 +241,768 | +2% | +$107M |
|
15
Procter & Gamble
PG
$368B
| $5.02B | 0.75% | 30,449,082 +1,219,476 | +4% | +$201M |
|
16
UBS Group
UBS
$128B
| $4.95B | 0.74% | 168,288,869 +2,261,571 | +1% | +$66.6M |
|
17
Bank of America
BAC
$376B
| $4.89B | 0.73% | 122,915,003 +2,149,013 | +2% | +$85.5M |
|
18
Walmart
WMT
$774B
| $4.7B | 0.7% | 69,395,400 -223,479 | -0.3% | -$15.1M |
|
19
Costco
COST
$418B
| $4.52B | 0.67% | 5,313,432 +120,031 | +2% | +$102M |
|
20
Berkshire Hathaway Class A
BRK.A
$1.09T
| $4.4B | 0.66% | 7,186 +1,180 | +20% | +$722M |
|
|
21
Berkshire Hathaway Class B
BRK.B
$1.09T
| $4.34B | 0.65% | 10,673,297 -179,465 | -2% | -$73M |
|
22
Johnson & Johnson
JNJ
$427B
| $4.25B | 0.64% | 29,092,369 +603,587 | +2% | +$88.2M |
|
23
Merck
MRK
$210B
| $4.19B | 0.63% | 33,806,976 +3,873,023 | +13% | +$479M |
|
24
Home Depot
HD
$405B
| $4.14B | 0.62% | 12,022,399 +228,207 | +2% | +$78.6M |
|
25
Visa
V
$683B
| $3.89B | 0.58% | 14,807,213 +103,854 | +0.7% | +$27.3M |
|