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Portfolio overview

A complete portfolio overview for the Government Pension Fund Norway is updated semi-annually and is published at the same time as the annual result and the half-year result. In addition, an updated overview of the ten largest equity holdings and the ten largest bond holdings is published each quarter.

The fund's total market value

404,834,839,666NOK

Equities

260,694,571,703NOK

Largest holding (percent of equities portfolio)

Equinor
10.99 %
DNB Bank
10.05 %
Kongsberg Gruppen
7.43 %

Fixed income

144,140,267,962NOK

Geographic distribution

Percentage of equities and fixed income per 30.06.2025

Asset allocation

Percentage share of total holdings as of 30.06.2025. Other instruments are not included

Norwegian equities
Nordic equities
Norwegian fixed income
Nordic fixed income