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DNB Asset Management AS — 13F Holdings & Portfolio

CIK 1456670 · latest 13F-HR filed 2026-08-11

Backtest portfolio

DNB Asset Management AS manages $35.72B in 13F-reported U.S. long-equity assets across 1,276 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are MSFT (6.97%), NVDA (6.40%), GOOGL (5.85%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 130 new positions and exited 89; 637 existing positions rose in reported value and 324 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$35.72B

Long-equity book

Holdings
1,276

Distinct positions

Period
2026-06-30

Filed 2026-08-11

Q/Q Activity
+130 / −89 / ↑637 / ↓324

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
MSFT7.0% · +20%NVDA6.4% · +12%GOOGL5.8% · +20%AMZN5.2% · +4%AVGO4.4% · +68%AAPL3.9% · 0%V3.5% · +81%META3.3% · +27%MA2.8% · +76%TEAM2.1% · +22%TMUS1.2% · +84%GOOG1.2% · +11%HPQ1.2% · -5%LLY1.1% · -5%TSLA1.0% · +5%MU1.0% · -14%TSM0.9% · +191%BKNG0.8% · +4444%BAC0.8% · -1%CHKP0.7% · +13%JPM0.7% · +0%INTU0.7% · +1424%AMD0.7% · -34%C0.7% · -6%GS0.6% · -3%PTON0.6% · +68%SWKS0.6% · +137%ORCL0.6% · -50%INTC0.6% · -37%GE0.6% · -11%JNJ0.5% · +5%CB0.5% · +4%UNH0.5% · -16%NOW0.5% · -3%BRK.B0.5% · +10%MTCH0.5% · +35%XOM0.5% · +9%CSCO0.5% · -12%ABBV0.4% · -2%ACN0.4% · +251%HD0.4% · +2%AMAT0.4% · -20%SPGI0.4% · -4%ADI0.4% · +203%NEE0.4% · -0%GEV0.4% · -8%MRK0.4% · +12%LRCX0.4% · +9%ISRG0.3% · +22%EMR0.3% · -9%WMT0.3% · -17%CRTO0.3% · +30%ANET0.3% · +9%CVX0.3% · +13%PEP0.3% · -14%NFLX0.3% · +2%CCEP0.3% · -13%CRM0.3% · +79%COST0.3% · -8%KLAC0.3% · +946%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 44.4%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

Name Title / Status Ownership Type

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

Show all 637 →

Top Trims

Show all 324 →

New Positions

Show all 130 →

Exited Positions

Show all 89 →

DNB Asset Management AS Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 Microsoft Corp MSFT 594918104 $2.49B 6.97% 6,674,835 SH
2 Nvidia Corp NVDA 67066G104 $2.29B 6.40% 11,424,021 SH
3 Alphabet Inc GOOGL 02079K305 $2.09B 5.85% 5,843,646 SH
4 Amazon.com Inc AMZN 023135106 $1.86B 5.20% 7,785,587 SH
5 Broadcom Inc AVGO 11135F101 $1.56B 4.37% 4,133,220 SH
6 Apple Inc AAPL 037833100 $1.39B 3.90% 4,808,315 SH
7 Visa Inc V 92826C839 $1.24B 3.46% 3,607,126 SH
8 Meta Platforms Inc META 30303M102 $1.18B 3.30% 2,093,653 SH
9 Mastercard Inc MA 57636Q104 $987.9M 2.77% 1,923,485 SH
10 Atlassian Corp TEAM 049468101 $764.7M 2.14% 9,830,768 SH
11 T-Mobile US Inc TMUS 872590104 $431.6M 1.21% 2,573,106 SH
12 Alphabet Inc C shares GOOG 02079K107 $421.7M 1.18% 1,193,420 SH
13 HP Inc HPQ 40434L105 $413.4M 1.16% 18,841,944 SH
14 Eli Lilly & Co LLY 532457108 $387.2M 1.08% 322,831 SH
15 Tesla Inc TSLA 88160R101 $372.5M 1.04% 885,706 SH
16 Micron Technology Inc MU 595112103 $351.5M 0.98% 304,537 SH
17 Taiwan Semiconductor-Sp Adr TSM 874039100 $326.4M 0.91% 683,962 SH
18 Booking Holdings Inc BKNG 09857L108 $293.7M 0.82% 1,647,851 SH
19 Bank of America Corp BAC 060505104 $275.1M 0.77% 4,828,827 SH
20 Check Point Software Tech LT CHKP M22465104 $263.8M 0.74% 2,007,100 SH
21 JPMorgan Chase & Co JPM 46625H100 $252.1M 0.71% 770,267 SH
22 Intuit Inc INTU 461202103 $250.1M 0.70% 958,207 SH
23 Advanced Micro Devices Inc AMD 007903107 $247.1M 0.69% 425,397 SH
24 Citigroup Inc C 172967424 $236.8M 0.66% 1,692,123 SH
25 Goldman Sachs Group Inc GS 38141G104 $231.5M 0.65% 228,929 SH
26 Peloton Interactive Inc PTON 70614W100 $225.3M 0.63% 38,115,285 SH
27 Skyworks Solutions Inc SWKS 83088M102 $216.2M 0.61% 3,188,840 SH
28 Oracle Corp ORCL 68389X105 $206.7M 0.58% 1,410,210 SH
29 Intel Corp INTC 458140100 $200.0M 0.56% 1,432,695 SH
30 GE Aerospace GE 369604301 $197.2M 0.55% 527,658 SH
31 Johnson & Johnson JNJ 478160104 $193.3M 0.54% 761,144 SH
32 Chubb Ltd CB H1467J104 $189.8M 0.53% 557,002 SH
33 UnitedHealth Group Inc UNH 91324P102 $188.3M 0.53% 453,105 SH
34 ServiceNow Inc NOW 81762P102 $186.3M 0.52% 1,876,370 SH
35 Berkshire Hathaway Inc BRK.B 084670702 $184.9M 0.52% 369,554 SH
36 Match Group Inc MTCH 57667L107 $177.2M 0.50% 4,657,495 SH
37 Exxon Mobil Corp XOM 30231G102 $176.8M 0.50% 1,293,308 SH
38 Cisco Systems Inc CSCO 17275R102 $172.0M 0.48% 1,464,002 SH
39 AbbVie Inc ABBV 00287Y109 $153.7M 0.43% 610,909 SH
40 Accenture Plc IRELAND ACN G1151C101 $148.2M 0.42% 1,191,239 SH
41 Home Depot Inc HD 437076102 $147.9M 0.41% 419,462 SH
42 Applied Materials Inc AMAT 038222105 $144.0M 0.40% 199,163 SH
43 S&P Global Inc SPGI 78409V104 $137.5M 0.39% 337,704 SH
44 Analog Devices Inc ADI 032654105 $133.5M 0.37% 336,177 SH
45 NextEra Energy Inc NEE 65339F101 $131.3M 0.37% 1,496,512 SH
46 GE Vernova Inc GEV 36828A101 $131.3M 0.37% 111,794 SH
47 Merck & Co Inc MRK 58933Y105 $129.7M 0.36% 1,009,058 SH
48 Lam Research Corp LRCX 512807306 $125.2M 0.35% 288,952 SH
49 Intuitive Surgical Inc ISRG 46120E602 $122.7M 0.34% 308,492 SH
50 Emerson Electric Co EMR 291011104 $120.5M 0.34% 841,573 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-11 $35.72B 1,276 0000912282-26-001061
2026-03-31 2026-05-14 $28.05B 1,235 0000912282-26-000720
2025-12-31 2026-02-05 $28.66B 731 0000912282-26-000250
2025-09-30 2025-11-12 $26.74B 731 0000912282-25-001221
Filer Information
Address
DRONNING EUFEMIAS GATE 30
OSLO N-0191
Phone
0114791503000
Filing Manager
DNB Asset Management AS
Oslo, Q8
Signatory
Jens Kildal
Head of Reporting