The World's Largest Sovereign Wealth Fund Has $1.4 Trillion in Assets 🇳🇴

What we’re showing

The composition of Norges Bank Investment Mangement’s (NBIM) portfolio. NBIM is Norway’s sovereign wealth fund, and is largest of its kind with nearly $1.4 trillion in assets.

Fixed Income

The fixed income component of NBIM’s portfolio represents $374B, or 27.1% of the overall fund. Of this amount, $103B (28%) is invested in U.S. Treasuries.

Equity

NBIM’s top 5 equity holdings are all U.S. tech companies, which when combined, represent 11% of the overall equity component.

Fact

NBIM recorded a record profit of $213 billion in 2023, largely thanks to its exposure to tech stocks.