DNB Asset Management AS

CIK

1456670

Location

Oslo, Q8

Portfolio Value

Large $27,331,821,647

Diversification

Diversified

Filing Date

Global Rank

#227 / 8,603 ▼ 2 · as of Mar 2026

Top Industry

Semiconductors 13.3%

3Y Alpha vs SPY

+2.7%

Period ended 3 months ago

Filed May 14, 2026 · 56d

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+88.0%

SPY

+76.0%

Annualised alpha

+2.7%

Max drawdown

−19.8%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

1,222 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

7.5%

−1.3 pts

Top 5

29.3%

−2.3 pts

Top 10

41.7%

−3.7 pts

HHI

233

Diversified−42

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	37.7%	$10,290,841,020	214
Financial Services	13.0%	$3,557,661,210	181
Communication Services	12.5%	$3,423,142,909	43
Consumer Cyclical	10.5%	$2,868,801,355	144
Healthcare	7.9%	$2,153,003,722	171
Industrials	7.1%	$1,951,936,300	194
Consumer Defensive	3.6%	$976,563,555	48
Energy	2.6%	$710,840,765	60
Utilities	2.2%	$591,239,744	38
Basic Materials	1.6%	$442,142,769	45
Real Estate	1.2%	$317,597,952	82
Unclassified	0.2%	$48,050,346	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
PTON	Peloton Interactive, Inc.	+11,908,716	22,685,343	$97,320,121
HPQ	Hp Inc	+9,208,774	19,803,404	$380,423,390
TEAM	Atlassian Corp	+4,087,510	8,077,726	$551,304,799
PBR	Petrobras - Petroleo Brasileiro SA	+1,748,620	3,586,433	$74,418,484
ORCL	Oracle Corp	+1,488,384	2,818,172	$414,581,282
NOW	ServiceNow, Inc.	+1,261,037	1,929,358	$201,714,378
MRVL	Marvell Technology, Inc.	+1,015,203	2,008,554	$198,947,273
BKR	Baker Hughes Co	+955,866	1,158,199	$70,708,048
EQT	EQT Corp	+873,587	1,000,445	$63,668,319
AMZN	Amazon Com Inc	+849,380	7,450,247	$1,551,662,942
AVGO	Broadcom Inc.	+797,175	2,455,734	$760,074,230
EOSE	Eos Energy Enterprises, Inc.	+660,934	1,191,468	$5,909,681
OTIS	Otis Worldwide Corp	+611,156	752,719	$58,019,580
PLTR	Palantir Technologies Inc.	+481,732	482,967	$70,648,412
MSFT	Microsoft Corp	+444,860	5,541,288	$2,051,218,578
CRTO	Criteo S.A.	+372,797	4,630,958	$83,033,076
INTC	Intel Corp	+368,627	2,278,090	$100,532,111
TMUS	T-Mobile US, Inc.	+330,905	1,396,143	$293,231,914
CCEP	COCA-COLA EUROPACIFIC PARTNERS plc	+324,784	1,428,396	$129,512,665
QCOM	Qualcomm Inc/De	+255,944	1,270,194	$163,575,583
F	Ford Motor Co	+251,036	2,133,714	$24,623,059
KR	Kroger Co	+243,002	366,467	$26,517,552
ROL	Rollins Inc	+240,417	309,511	$16,530,982
ZENA	ZenaTech, Inc.	+237,349	434,487	$994,975
GE	General Electric Co	+232,237	591,094	$167,734,744
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
BORR	Borr Drilling Ltd	−5,571,649	3,200,227	$18,465,309
CRM	Salesforce, Inc.	−1,715,484	360,112	$67,222,107
NU	Nu Holdings Ltd.	−1,089,526	1,678,041	$24,113,449
GRAB	Grab Holdings Ltd	−1,085,809	1,863,589	$6,820,735
LRCX	Lam Research Corp	−768,387	265,397	$56,704,723
MBLY	Mobileye Global Inc.	−764,062	2,742,418	$18,840,411
DAR	Darling Ingredients Inc.	−625,897	619,320	$38,304,942
PATH	UiPath, Inc.	−543,557	22,242	$246,886
CCK	Crown Holdings, Inc.	−513,519	5,540	$555,385
WMT	Walmart Inc.	−488,868	1,195,407	$148,565,181
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−455,680	235,384	$79,548,022
SNAP	Snap Inc	−405,225	185,534	$853,456
EQH	Equitable Holdings, Inc.	−390,930	52,996	$1,966,681
ONDS	Ondas Inc.	−373,939	300,559	$2,717,053
DOW	Dow Inc.	−360,752	240,878	$10,032,568
OKTA	Okta, Inc.	−336,651	37,918	$2,984,525
AAPL	Apple Inc.	−330,689	4,806,571	$1,219,859,654
CRUS	Cirrus Logic, Inc.	−312,487	219,693	$31,772,001
KEY	Keycorp /New/	−282,804	194,029	$3,890,281
LAUR	Laureate Education, Inc.	−279,882	12,357	$430,517
META	Meta Platforms, Inc.	−248,662	1,644,478	$940,855,198
RDW	Redwire Corp	−246,384	58,256	$495,176
SDRL	SEADRILL Ltd	−238,400	620,783	$28,245,626
AMD	Advanced Micro Devices Inc	−223,636	642,896	$130,784,333
QS	QuantumScape Corp	−222,747	75,419	$481,173
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
MOS	Mosaic Co	2,253,961	$57,476,005
AMRZ	Amrize Ltd	124,110	$6,952,642
FPS	Forgent Power Solutions, Inc.	191,293	$5,599,146
AMCR	Amcor plc	106,080	$4,216,680
CDE	Coeur Mining, Inc.	224,575	$4,215,272
MTZ	Mastec Inc	11,498	$3,699,366
RVMD	Revolution Medicines, Inc.	36,187	$3,519,185
TIGO	Millicom International Cellular SA	39,052	$2,926,556
PNFP	Pinnacle Financial Partners, Inc.	31,353	$2,700,747
MRNA	Moderna, Inc.	51,901	$2,636,570
AMPX	Amprius Technologies, Inc.	153,032	$2,580,119
IREN	IREN Ltd	71,182	$2,440,118
ORA	Ormat Technologies, Inc.	20,977	$2,347,745
SN	SharkNinja, Inc.	19,749	$2,091,419
VSNT	Versant Media Group, Inc.	48,976	$1,813,091
OPTX	Syntec Optics Holdings, Inc.	215,957	$1,518,177
ACHR	Archer Aviation Inc.	271,757	$1,404,983
HIMX	Himax Technologies, Inc.	165,668	$1,303,807
QUIK	QUICKLOGIC Corp	137,506	$1,289,806
MP	MP Materials Corp. / DE	26,518	$1,279,758
AGX	Argan Inc	2,294	$1,249,427
LPTH	Lightpath Technologies Inc	123,919	$1,242,907
LTH	Life Time Group Holdings, Inc.	41,886	$1,128,408
KTOS	Kratos Defense & Security Solutions, Inc.	15,584	$1,098,827
SPHR	Sphere Entertainment Co.	9,018	$1,058,713
No positions match the current search.

Sold Out

Positions the filer fully exited

19 positions

Ticker	Company	Shares	Value
EMBJ	Embraer S.A.	484,720	$31,201,426
TBBB	Bbb Foods Inc	346,153	$11,558,048
BSAC	Banco Santander Chile	176,088	$5,478,097
ZETA	Zeta Global Holdings Corp.	176,389	$3,589,516
BBW	Build-A-Bear Workshop Inc	20,006	$1,225,767
SPIR	Spire Global, Inc.	124,413	$933,097
NVTS	Navitas Semiconductor Corp	108,401	$773,983
HTZ	Hertz Global Holdings, Inc	121,864	$626,380
STEM	Stem, Inc.	32,461	$488,538
IMVT	Immunovant, Inc.	18,109	$460,330
IMCR	Immunocore Holdings plc	13,066	$453,520
EVLV	Evolv Technologies Holdings, Inc.	56,877	$407,239
AS	Amer Sports, Inc.	8,315	$310,565
CALY	Callaway Golf Co	26,416	$308,274
JANX	Janux Therapeutics, Inc.	17,274	$238,381
LGN	Legence Corp.	5,000	$215,200
EXAS	EXACT SCIENCES CORP	2,054	$208,604
MDAI	Spectral AI, Inc.	136,473	$193,791
FDMT	4D Molecular Therapeutics, Inc.	16,123	$120,922
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

1,222 positions · $27,331,821,647 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 1,222 positions by value · page 1 of 25

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSFT	Microsoft Corp Technology	Added	5,541,288	+444,860	$2,051,218,578	−16.8%	7.50%
NVDA	Nvidia Corp Technology	Added	10,232,504	+115,812	$1,784,548,697	−5.4%	6.53%
AMZN	Amazon Com Inc Consumer Cyclical	Added	7,450,247	+849,380	$1,551,662,942	+1.8%	5.68%
GOOGL	Alphabet Inc. Communication Services	Reduced	4,857,942	-83,107	$1,396,949,801	−9.7%	5.11%
AAPL	Apple Inc. Technology	Reduced	4,806,571	-330,689	$1,219,859,654	−12.7%	4.46%
META	Meta Platforms, Inc. Communication Services	Reduced	1,644,478	-248,662	$940,855,198	−24.7%	3.44%
AVGO	Broadcom Inc. Technology	Added	2,455,734	+797,175	$760,074,230	+32.4%	2.78%
V	Visa Inc. Financial Services	Added	1,995,999	+85,538	$603,270,737	−10.0%	2.21%
TEAM	Atlassian Corp Technology	Added	8,077,726	+4,087,510	$551,304,799	−14.8%	2.02%
MA	Mastercard Inc Financial Services	Reduced	1,096,009	-165,045	$547,631,856	−23.9%	2.00%
ORCL	Oracle Corp Technology	Added	2,818,172	+1,488,384	$414,581,282	+60.0%	1.52%
HPQ	Hp Inc Technology	Added	19,803,404	+9,208,774	$380,423,390	+61.2%	1.39%
LLY	ELI LILLY & Co Healthcare	Added	340,886	+19,402	$313,536,716	−9.2%	1.15%
TSLA	Tesla, Inc. Consumer Cyclical	Added	841,266	+12,637	$312,740,635	−16.1%	1.14%
TMUS	T-Mobile US, Inc. Communication Services	Added	1,396,143	+330,905	$293,231,914	+35.6%	1.07%
CHKP	Check Point Software Technologies Ltd Technology	Reduced	1,780,850	-39,489	$254,394,422	−24.7%	0.93%
BAC	Bank Of America Corp /De/ Financial Services	Added	4,876,644	+43,669	$237,736,395	−10.6%	0.87%
JPM	Jpmorgan Chase & Co Financial Services	Added	767,773	+30,411	$225,848,105	−4.9%	0.83%
C	Citigroup Inc Financial Services	Added	1,808,403	+15,397	$205,090,984	−2.0%	0.75%
NOW	ServiceNow, Inc. Technology	Added	1,929,358	+1,261,037	$201,714,378	+97.0%	0.74%
GS	Goldman Sachs Group Inc Financial Services	Reduced	236,641	-16,826	$200,195,919	−10.1%	0.73%
MRVL	Marvell Technology, Inc. Technology	Added	2,008,554	+1,015,203	$198,947,273	+135.7%	0.73%
JNJ	Johnson & Johnson Healthcare	Added	725,901	+72,051	$177,439,240	+31.1%	0.65%
CB	Chubb Ltd Financial Services	Added	535,992	+16,280	$174,695,872	+7.7%	0.64%
GE	General Electric Co Industrials	Added	591,094	+232,237	$167,734,744	+51.7%	0.61%
QCOM	Qualcomm Inc/De Technology	Added	1,270,194	+255,944	$163,575,583	−5.7%	0.60%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	335,234	+29,456	$160,644,132	+4.5%	0.59%
WMT	Walmart Inc. Consumer Defensive	Reduced	1,195,407	-488,868	$148,565,181	−20.8%	0.54%
UNH	Unitedhealth Group Inc Healthcare	Added	536,703	+98,774	$145,226,464	+0.5%	0.53%
SPGI	S&P Global Inc. Financial Services	Added	351,196	+37,752	$141,322,323	−8.8%	0.52%
NEE	Nextera Energy Inc Utilities	Added	1,496,597	+57,703	$139,003,929	+20.3%	0.51%
PEP	Pepsico Inc Consumer Defensive	Added	878,114	+91,672	$136,362,323	+20.8%	0.50%
ABBV	AbbVie Inc. Healthcare	Added	626,875	+51,768	$136,339,043	+3.8%	0.50%
HD	Home Depot, Inc. Consumer Cyclical	Added	409,740	+204,346	$134,759,388	+90.7%	0.49%
NFLX	Netflix Inc Communication Services	Added	1,390,683	+44,258	$133,714,170	+5.9%	0.49%
AMD	Advanced Micro Devices Inc Technology	Reduced	642,896	-223,636	$130,784,333	−29.5%	0.48%
CCEP	COCA-COLA EUROPACIFIC PARTNERS plc Consumer Defensive	Added	1,428,396	+324,784	$129,512,665	+29.4%	0.47%
CSCO	Cisco Systems, Inc. Technology	Added	1,663,322	+128,958	$129,057,153	+9.2%	0.47%
WM	Waste Management Inc Industrials	Added	543,153	+14,591	$124,811,127	+7.5%	0.46%
EMR	Emerson Electric Co Industrials	Added	925,822	+51,924	$121,301,198	+4.6%	0.44%
MU	Micron Technology Inc Technology	Added	352,682	+75,917	$119,150,086	+50.8%	0.44%
CVX	Chevron Corp Energy	Added	565,998	+53,123	$117,104,986	+49.8%	0.43%
ISRG	Intuitive Surgical Inc Healthcare	Added	252,167	+7,425	$116,246,465	−16.1%	0.43%
MRK	Merck & Co., Inc. Healthcare	Reduced	897,124	-53,210	$107,915,045	+7.9%	0.39%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	107,670	+19,644	$107,285,618	+41.3%	0.39%
GEV	GE Vernova Inc. Industrials	Added	121,787	+17,831	$106,307,872	+56.5%	0.39%
MTCH	Match Group, Inc. Communication Services	Added	3,440,583	+9,522	$105,660,303	−4.6%	0.39%
INTC	Intel Corp Technology	Added	2,278,090	+368,627	$100,532,111	+42.7%	0.37%
PTON	Peloton Interactive, Inc. Consumer Cyclical	Added	22,685,343	+11,908,716	$97,320,121	+46.6%	0.36%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	673,288	+85,236	$97,249,718	+15.4%	0.36%