挪威的主权财富基金大量暴露于美国科技公司和银行
在2018年12月31日，
挪威政府养恤基金全球拥有1,299,103,000,000挪威克朗（148,830,000,000美元）
- 分配给金融类上市股票，占其股票投资组合的23.7％。
- 524,912,000,000挪威克朗被捆绑银行，
- 挪威克朗266,309,000,000与保险业挂钩。
关于技术部门，SWF有
689,838,000,000（79,030,500,000美元）致力于科技股
320,756,000,000挪威克朗（36,747,000,000美元）致力于石油和天然气股票。
Norway Government Pension Fund Global – Top Exposures – December 31, 2018
Ranks
Company Name
Area
Equities (Millions NOK)
Bonds (Millions NOK)
Total (Millions NOK)
Total USD
1
Apple Inc
Technology
62,740
7,176
69,916
8,009,850,000
2
Microsoft Corp
Technology
64,715
1,853
66,568
7,626,290,000
3
Alphabet Inc (formerly Google)
Technology
57,634
792
58,426
6,693,510,000
4
Amazon.com Inc
E-Commerce
54,771
2,985
57,756
6,616,750,000
5
Nestle SA
Consumer Goods
53,914
2,291
56,205
6,439,060,000
6
Royal Dutch Shell Plc
Oil and Gas
51,274
1,627
52,901
6,060,540,000
7
Novartis AG
Pharmaceuticals
39,494
3,505
42,999
8
Roche Holding AG
Pharmaceuticals
39,573
1,968
41,541
9
Berkshire Hathaway Inc
Financials
33,423
4,936
38,359
10
JPMorgan & Chase Co.
Financials
24,913
12,972
37,885
11
Bank of America Corporation
Financials
22,345
13,726
36,071
12
HSBC Holdings Plc
Financials
27,020
8,853
35,873
13
Canada Mortgage and Housing
31,785
31,785
14
Johnson & Johnson
Healthcare
29,184
2,183
31,367
15
BP Plc
Oil and Gas
25,368
3,462
28,830
16
AT&T Inc.
Telecommunications
17,389
11,424
28,813
17
Kreditanstalt fur Wiederaufbau
Government-related
27,475
27,475
18
Verizon Communications Inc
Telecommunications
20,331
6,932
27,263
19
Banco Santander SA
Financials
16,839
10,341
27,180
20
Tencent Holdings Ltd.
Technology
26,340
788
27,128
21
Facebook Inc
Technology
27,059
27,059
3,099,980,000
22
TOTAL SA
Oil and Gas
24,780
1,876
26,656
23
Wells Fargo & Co
Financials
16,790
8,732
25,522
Source: Norges Bank
SWFI – Sovereign Wealth Fund Institute