With the exception of chip manufacturer TSMC, the ten largest shareholdings are all American shares. The single largest holding is AI giant Nvidia, where the oil fund owns shares for 517 billion Norwegian kronor.
Last night, the oil fund announced that they will sell their holdings in several Israeli companies. Last week, it became known that the fund increased its holding in the Israeli fighter jet company Bet Shamesh during the autumn, which aroused strong feelings in Norway.
I have all the responsibility, said the oil fund's CEO Nicolai Tangen at a press conference about the investments.
Nvidia: 517 billion Norwegian kronor
Microsoft: 505 billion Norwegian kronor
Apple: 388 billion Norwegian kronor
Amazon: 276 billion Norwegian kronor
Alphabet: 265 billion Norwegian kronor
Meta: 233 billion Norwegian kronor
Broadcom: 186 billion Norwegian kronor
Taiwan Semiconductor Manufacturing (TSMC): 176 billion Norwegian kronor
Tesla: 118 billion Norwegian kronor
Berkshire Hathaway: 109 billion Norwegian kronor
The holdings were calculated at the end of June 2025.
