NORGES BANK
Institutional investor · Portfolio as of Q4 2023
Top Holdings1,942 positions
Stock | Shares | Value | Weight | Avg Buy | Est. P&L | Held | Conviction |
|---|---|---|---|---|---|---|---|
MICROSOFT CORP | 95.5M | $35.9B | 6.3% | $142.92 | +159.26% | 21 qtrssince 2018-Q4 | Increased 65 |
APPLE INC | 176.1M | $33.9B | 5.9% | $104.93 | +81.27% | 21 qtrssince 2018-Q4 | Increased 63 |
AMAZON.COM INC | 116.5M | $17.7B | 3.1% | $110.06 | +38.06% | 21 qtrssince 2018-Q4 | Increased 61 |
ALPHABET INC-CL A | 110.5M | $15.4B | 2.7% | $99.11 | +39.89% | 21 qtrssince 2018-Q4 | Increased 58 |
NVIDIA CORP | 29.5M | $14.6B | 2.6% | $19.44 | +154.58% | 21 qtrssince 2018-Q4 | Increased 56 |
META PLATFORMS INC-CLASS A | 31.9M | $11.3B | 2.0% | $162.58 | +116.20% | 21 qtrssince 2018-Q4 | Increased 53 |
TESLA INC | 31.6M | $7.8B | 1.4% | $227.23 | +9.35% | 21 qtrssince 2018-Q4 | Increased 55 |
BROADCOM INC | 5.6M | $6.2B | 1.1% | $47.35 | +130.52% | 21 qtrssince 2018-Q4 | Increased 62 |
JPMORGAN CHASE & CO | 35.4M | $6B | 1.1% | $93.78 | +72.70% | 21 qtrssince 2018-Q4 | Increased 51 |
ELI LILLY & CO | 10.3M | $6B | 1.0% | $169.56 | +237.40% | 21 qtrssince 2018-Q4 | Increased 52 |
UNITEDHEALTH GROUP INC | 11M | $5.8B | 1.0% | $274.78 | +84.11% | 21 qtrssince 2018-Q4 | Increased 53 |
EXXON MOBIL CORP | 55.2M | $5.5B | 1.0% | $57.42 | +61.34% | 21 qtrssince 2018-Q4 | Increased 49 |
UBS GROUP AG- REG | 161.3M | $5B | 0.9% | $13.09 | +122.82% | 21 qtrssince 2018-Q4 | Decreased 0 |
MASTERCARD INC - A | 10.8M | $4.6B | 0.8% | $221.65 | +89.94% | 21 qtrssince 2018-Q4 | Increased 48 |
HOME DEPOT INC | 12.4M | $4.3B | 0.8% | $172.86 | +90.93% | 21 qtrssince 2018-Q4 | Increased 47 |
ALPHABET INC-CL C | 29.1M | $4.1B | 0.7% | $98.05 | +42.66% | 21 qtrssince 2018-Q4 | Increased 48 |
BERKSHIRE HATHAWAY INC-CL B | 11.5M | $4.1B | 0.7% | $261.66 | +36.31% | 21 qtrssince 2018-Q4 | Increased 47 |
JOHNSON & JOHNSON | 26M | $4.1B | 0.7% | $115.11 | +28.06% | 21 qtrssince 2018-Q4 | Increased 50 |
PROCTER & GAMBLE CO/THE | 27M | $4B | 0.7% | $85.56 | +59.26% | 21 qtrssince 2018-Q4 | Increased 46 |
VISA INC-CLASS A SHARES | 15M | $3.9B | 0.7% | $148.61 | +71.61% | 21 qtrssince 2018-Q4 | Decreased 0 |
NORGES BANK manages $572.3B across 1942 positions as of Q4 2023. Top holdings: MSFT (6.3%), AAPL (5.9%), AMZN (3.1%). Fund DNA: Diversified Scout. HoldingsIntel Rating: 3/5.0.
Active quarter - 76 new positions, 100 exits, 987 increased. Top move: MSFT (INCREASED, conviction 65). Portfolio: $572.3B across 1942 positions.
Top holdings by portfolio weight
Portfolio allocation by GICS sector
Behavioral investing profile
Position Outcomes
Best and worst performing positions by estimated return
Top Winners
Top Losers
Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.
Explore More
Accumulation Streaks
Positions with 2+ consecutive quarters of increases - persistent directional conviction.
Continue exploring
Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer