DNB Asset Management AS
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 11, 2026), DNB Asset Management AS reported 1,276 stock positions worth $35.7 billion. Its top holding was Microsoft (MSFT) at 7.0% of the portfolio, followed by Nvidia (NVDA, 6.4%) and Alphabet Class A (GOOGL, 5.8%). Compared with Q1 2026, it opened 125 new positions, sold out of 86, added to 416 and reduced 429. The biggest buy was Broadcom (AVGO, shares +68%) and the biggest sale Oracle (ORCL, shares −50%).
- Most Recent 13F
- Q2 2026
- Location
- Oslo, Q8
- CIK
- 0001456670
- Portfolio Value
- $35.7B (Q2 2026)
- SEC Filing
- 0000912282-26-001061 ↗ filed Aug 11, 2026
Holdings Value
Holdings 1,276 stocks · $35.7B
| MSFT Microsoft Corp. | 6.97% | 6,674,835 | $2.5B | Add +20.5% |
| NVDA Nvidia Corp. | 6.40% | 11,424,021 | $2.3B | Add +11.6% |
| GOOGL Alphabet Inc. Class A | 5.85% | 5,843,646 | $2.1B | Add +20.3% |
| AMZN Amazon.com Inc. | 5.20% | 7,785,587 | $1.9B | Add +4.5% |
| AVGO Broadcom Inc. | 4.37% | 4,133,220 | $1.6B | Add +68.3% |
| AAPL Apple Inc. | 3.90% | 4,808,315 | $1.4B | Add +0.0% |
| V Visa Inc. Class A | 3.46% | 3,607,126 | $1.2B | Add +80.7% |
| META Meta Platforms Inc. Class A | 3.30% | 2,093,653 | $1.2B | Add +27.3% |
| MA Mastercard Inc. Class A | 2.77% | 1,923,485 | $987.9M | Add +75.5% |
| TEAM Atlassian Corp. Class A | 2.14% | 9,830,768 | $764.7M | Add +21.7% |
| TMUS T-Mobile US Inc. | 1.21% | 2,573,106 | $431.6M | Add +84.3% |
| GOOG Alphabet Inc. Class C | 1.18% | 1,193,420 | $421.7M | Add +11.4% |
| HPQ HP Inc. | 1.16% | 18,841,944 | $413.4M | Reduce -4.9% |
| LLY Eli Lilly & Co. | 1.08% | 322,831 | $387.2M | Reduce -5.3% |
| TSLA Tesla Inc. | 1.04% | 885,706 | $372.5M | Add +5.3% |
| MU Micron Technology Inc. | 0.98% | 304,537 | $351.5M | Reduce -13.7% |
| TSM Taiwan Semiconductor-SP ADR | 0.91% | 683,962 | $326.4M | Add +190.6% |
| BKNG Booking Holdings Inc. | 0.82% | 1,647,851 | $293.7M | Add +81.8% |
| BAC Bank of America Corp. | 0.77% | 4,828,827 | $275.1M | Reduce -1.0% |
| CHKP Check Point Software Tech | 0.74% | 2,007,100 | $263.8M | Add +12.7% |
| JPM JPMorgan Chase & Co. | 0.71% | 770,267 | $252.1M | Add +0.3% |
| INTU Intuit Inc. | 0.70% | 958,207 | $250.1M | Add +1423.8% |
| AMD Advanced Micro Devices | 0.69% | 425,397 | $247.1M | Reduce -33.8% |
| C Citigroup Inc. | 0.66% | 1,692,123 | $236.8M | Reduce -6.4% |
| GS Goldman Sachs Group Inc. | 0.65% | 228,929 | $231.5M | Reduce -3.3% |
| PTON Peloton Interactive Inc. Class A | 0.63% | 38,115,285 | $225.3M | Add +68.0% |
| SWKS Skyworks Solutions Inc. | 0.61% | 3,188,840 | $216.2M | Add +137.2% |
| ORCL Oracle Corp. | 0.58% | 1,410,210 | $206.7M | Reduce -50.0% |
| INTC Intel Corp. | 0.56% | 1,432,695 | $200.0M | Reduce -37.1% |
| GE General Electric filed as GE AEROSPACE | 0.55% | 527,658 | $197.2M | Reduce -10.7% |
| JNJ Johnson & Johnson | 0.54% | 761,144 | $193.3M | Add +4.9% |
| CB Chubb Ltd. | 0.53% | 557,002 | $189.8M | Add +3.9% |
| UNH Unitedhealth Group Inc. | 0.53% | 453,105 | $188.3M | Reduce -15.6% |
| NOW ServiceNow Inc. | 0.52% | 1,876,370 | $186.3M | Reduce -2.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.52% | 369,554 | $184.9M | Add +10.2% |
| MTCH Match Group Inc. | 0.50% | 4,657,495 | $177.2M | Add +35.4% |
| XOM Exxon Mobil Corp. | 0.50% | 1,293,308 | $176.8M | Add +9.4% |
| CSCO Cisco Systems Inc. | 0.48% | 1,464,002 | $172.0M | Reduce -12.0% |
| ABBV Abbvie Inc. | 0.43% | 610,909 | $153.7M | Reduce -2.5% |
| ACN Accenture PLC Class A | 0.41% | 1,191,239 | $148.2M | Add +250.7% |
| HD Home Depot Inc. | 0.41% | 419,462 | $147.9M | Add +2.4% |
| AMAT Applied Materials Inc. | 0.40% | 199,163 | $144.0M | Reduce -20.3% |
| SPGI S&P Global Inc. | 0.39% | 337,704 | $137.5M | Reduce -3.8% |
| ADI Analog Devices Inc. | 0.37% | 336,177 | $133.5M | Add +202.9% |
| NEE Nextera Energy Inc. | 0.37% | 1,496,512 | $131.3M | Reduce -0.0% |
| GEV GE Vernova Inc. | 0.37% | 111,794 | $131.3M | Reduce -8.2% |
| MRK Merck & Co. Inc. | 0.36% | 1,009,058 | $129.7M | Add +12.5% |
| LRCX Lam Research Corp. | 0.35% | 288,952 | $125.2M | Add +8.9% |
| ISRG Intuitive Surgical Inc. | 0.34% | 308,492 | $122.7M | Add +22.3% |
| EMR Emerson Electric Co. | 0.34% | 841,573 | $120.5M | Reduce -9.1% |
| WMT Walmart Inc. | 0.31% | 988,050 | $111.9M | Reduce -17.4% |
| CRTO Criteo SA-Spon | 0.31% | 5,998,091 | $109.6M | Add +29.5% |
| ANET Arista Networks Inc. | 0.30% | 624,712 | $106.1M | Add +8.9% |
| CVX Chevron Corp. | 0.30% | 638,363 | $105.8M | Add +12.8% |
| PEP Pepsico Inc. | 0.29% | 756,217 | $102.4M | Reduce -13.9% |
| NFLX Netflix Inc. | 0.28% | 1,422,550 | $101.6M | Add +2.3% |
| CCEP Coca-Cola Europacific Partne | 0.28% | 1,243,990 | $101.1M | Reduce -12.9% |
| CRM Salesforce Inc. | 0.28% | 644,039 | $100.9M | Add +78.8% |
| COST Costco Wholesale Corp. | 0.26% | 98,725 | $92.4M | Reduce -8.3% |
| KLAC KLA Corp. | 0.26% | 302,108 | $91.1M | Add +4.5% |
| PLTR Palantir Technologies Inc. Class A | 0.24% | 740,723 | $86.4M | Add +53.4% |
| ECL Ecolab Inc. | 0.24% | 303,944 | $84.7M | Add +0.4% |
| DXCM Dexcom Inc. | 0.24% | 1,255,284 | $84.5M | Add +6.9% |
| TXN Texas Instruments Inc. | 0.23% | 275,171 | $82.0M | Reduce -7.3% |
| GFL GFL Environmental Inc.-Sub VT | 0.23% | 2,189,821 | $80.6M | New |
| APH Amphenol Corp. Class A | 0.22% | 449,390 | $79.2M | Add +4.2% |
| CL Colgate-Palmolive Co. | 0.21% | 833,410 | $76.4M | Reduce -6.8% |
| ABT Abbott Laboratories | 0.21% | 841,310 | $76.3M | Add +44.1% |
| PG The Procter & Gamble Co. | 0.21% | 518,078 | $76.0M | Reduce -23.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.21% | 267,981 | $75.4M | Reduce -15.8% |
| BMRN Biomarin Pharmaceutical Inc. | 0.20% | 1,268,194 | $72.6M | Add +3.8% |
| APP AppLovin Corp. Class A | 0.20% | 138,312 | $71.3M | Reduce -7.6% |
| MRVL Marvell Technology Inc. | 0.19% | 233,435 | $69.5M | Reduce -88.4% |
| VRT Vertiv Holdings Co. Class A | 0.19% | 205,404 | $68.8M | Reduce -13.9% |
| BIDU Baidu Inc. - Spon ADR | 0.19% | 594,363 | $68.0M | Add +9.9% |
| MELI MercadoLibre Inc. | 0.19% | 39,769 | $67.5M | Add +1.0% |
| BKR Baker Hughes Co. | 0.19% | 1,196,052 | $66.4M | Add +3.3% |
| ADBE Adobe Inc. | 0.18% | 316,133 | $64.8M | Add +237.1% |
| CDW CDW Corp. | 0.17% | 440,838 | $62.0M | Add +1479.0% |
| PANW Palo Alto Networks Inc. | 0.17% | 181,136 | $61.8M | Add +2.3% |
| GLW Corning Inc. | 0.17% | 236,666 | $60.5M | Reduce -2.1% |
| SPCX Space Exploration Techn Class A | 0.17% | 350,288 | $59.9M | New |
| TMO Thermo Fisher Scientific Inc. | 0.16% | 117,013 | $58.7M | Add +2.8% |
| LIN Linde PLC | 0.16% | 112,758 | $58.5M | Reduce -1.7% |
| STT State Street Corp. | 0.16% | 340,348 | $57.7M | Reduce -4.0% |
| DE Deere & Co. | 0.16% | 90,740 | $57.6M | Reduce -25.2% |
| WFC Wells Fargo & Co. | 0.16% | 694,227 | $57.4M | Add +1.9% |
| BURL Burlington Stores Inc. | 0.16% | 179,776 | $57.0M | Add +31.8% |
| PFE Pfizer Inc. | 0.16% | 2,338,682 | $56.3M | Add +19.0% |
| MS Morgan Stanley | 0.16% | 267,505 | $55.9M | Reduce -14.5% |
| ETN Eaton Corp. PLC | 0.16% | 130,654 | $55.7M | Add +2.5% |
| EQT Eqt Corp. | 0.15% | 1,029,886 | $54.8M | Add +2.9% |
| QCOM Qualcomm Inc. | 0.15% | 294,680 | $54.5M | Reduce -76.8% |
| VRTX Vertex Pharmaceuticals Inc. | 0.15% | 108,106 | $53.7M | Add +0.7% |
| OTIS Otis Worldwide Corp. | 0.15% | 746,976 | $53.5M | Reduce -0.8% |
| CVS CVS Health Corp. | 0.15% | 513,721 | $53.1M | Add +1.4% |
| ON On Semiconductor | 0.15% | 552,505 | $52.2M | Reduce -17.8% |
| CEG Constellation Energy | 0.14% | 208,250 | $51.7M | Add +30.3% |
| HWM Howmet Aerospace Inc. | 0.14% | 191,908 | $51.6M | Add +14.3% |
| PH Parker Hannifin Corp. | 0.14% | 52,285 | $51.1M | Reduce -19.5% |
Portfolio Sells Q1 2026 → Q2 2026
| ORCL Oracle Corp. | Reduce -50.0% | 0.58% | −0.90 |
| MRVL Marvell Technology Inc. | Reduce -88.4% | 0.19% | −0.51 |
| QCOM Qualcomm Inc. | Reduce -76.8% | 0.15% | −0.43 |
| WM Waste Management Inc. | Reduce -73.4% | 0.09% | −0.35 |
| WMT Walmart Inc. | Reduce -17.4% | 0.31% | −0.22 |
| PEP Pepsico Inc. | Reduce -13.9% | 0.29% | −0.20 |
| HPQ HP Inc. | Reduce -4.9% | 1.16% | −0.20 |
| NOW ServiceNow Inc. | Reduce -2.8% | 0.52% | −0.20 |
| ARW Arrow Electronics Inc. | Reduce -71.4% | 0.09% | −0.17 |
| SPGI S&P Global Inc. | Reduce -3.8% | 0.39% | −0.15 |
| VZ Verizon Communications Inc. | Reduce -30.8% | 0.12% | −0.14 |
| PG The Procter & Gamble Co. | Reduce -23.1% | 0.21% | −0.13 |
| PBR Petroleo Brasileiro-Spon ADR | Reduce -16.4% | 0.14% | −0.13 |
| NEE Nextera Energy Inc. | Reduce -0.0% | 0.37% | −0.13 |
| COST Costco Wholesale Corp. | Reduce -8.3% | 0.26% | −0.12 |
| T AT&T Inc. | Reduce -8.5% | 0.13% | −0.12 |
| CRUS Cirrus Logic Inc. | Reduce -98.8% | 0.00% | −0.11 |
| CCEP Coca-Cola Europacific Partne | Reduce -12.9% | 0.28% | −0.10 |
| EMR Emerson Electric Co. | Reduce -9.1% | 0.34% | −0.10 |
| SO The Southern Co. | Reduce -33.7% | 0.10% | −0.09 |
| DE Deere & Co. | Reduce -25.2% | 0.16% | −0.08 |
| BAC Bank of America Corp. | Reduce -1.0% | 0.77% | −0.08 |
| TJX TJX Companies Inc. | Reduce -12.2% | 0.14% | −0.07 |
| DIS The Walt Disney Co. | Reduce -19.0% | 0.12% | −0.07 |
| C Citigroup Inc. | Reduce -6.4% | 0.66% | −0.07 |
| GS Goldman Sachs Group Inc. | Reduce -3.3% | 0.65% | −0.07 |
| FDX FedEx Corp. | Reduce -28.3% | 0.06% | −0.06 |
| IBM Intl Business Machines Corp. | Reduce -15.8% | 0.21% | −0.06 |
| PH Parker Hannifin Corp. | Reduce -19.5% | 0.14% | −0.06 |
| ETR Entergy Corp. | Reduce -24.2% | 0.10% | −0.06 |
| SDRL Seadrill Limited | Reduce -37.1% | 0.04% | −0.06 |
| CL Colgate-Palmolive Co. | Reduce -6.8% | 0.21% | −0.06 |
| ED Consolidated Edison Inc. | Reduce -48.5% | 0.04% | −0.06 |
| OTIS Otis Worldwide Corp. | Reduce -0.8% | 0.15% | −0.06 |
| ITW Illinois Tool Works | Reduce -23.3% | 0.09% | −0.06 |
| ABBV Abbvie Inc. | Reduce -2.5% | 0.43% | −0.06 |
| UNP Union Pacific Corp. | Reduce -23.7% | 0.11% | −0.05 |
| DAR Darling Ingredients Inc. | Reduce -10.5% | 0.08% | −0.05 |
| VIST Vista Energy Sab DE CV | Sold out | 0.00% | −0.05 |
| EXC Exelon Corp. | Reduce -38.9% | 0.04% | −0.05 |
| ADP Automatic Data Processing | Reduce -34.6% | 0.07% | −0.05 |
| CTAS Cintas Corp. | Reduce -29.2% | 0.06% | −0.05 |
| GE General Electric | Reduce -10.7% | 0.55% | −0.05 |
| D Dominion Energy Inc. | Reduce -19.8% | 0.10% | −0.04 |
| PEG Public Service Enterprise GP | Reduce -15.7% | 0.09% | −0.04 |
| BORR Borr Drilling Ltd. | Reduce -33.2% | 0.02% | −0.04 |
| WMB Williams Cos Inc. | Reduce -24.9% | 0.06% | −0.04 |
| ROL Rollins Inc. | Reduce -48.0% | 0.02% | −0.04 |
| SRE Sempra | Reduce -23.0% | 0.05% | −0.04 |
| LIN Linde PLC | Reduce -1.7% | 0.16% | −0.04 |
Portfolio Buys Q1 2026 → Q2 2026
| AVGO Broadcom Inc. | Add +68.3% | 4.37% | +1.66 |
| V Visa Inc. Class A | Add +80.7% | 3.46% | +1.31 |
| GOOGL Alphabet Inc. Class A | Add +20.3% | 5.85% | +0.87 |
| MA Mastercard Inc. Class A | Add +75.5% | 2.77% | +0.81 |
| TSM Taiwan Semiconductor-SP ADR | Add +190.6% | 0.91% | +0.63 |
| INTU Intuit Inc. | Add +1423.8% | 0.70% | +0.60 |
| SWKS Skyworks Solutions Inc. | Add +137.2% | 0.61% | +0.35 |
| PTON Peloton Interactive Inc. Class A | Add +68.0% | 0.63% | +0.28 |
| BKNG Booking Holdings Inc. | Add +81.8% | 0.82% | +0.28 |
| ADI Analog Devices Inc. | Add +202.9% | 0.37% | +0.25 |
| GFL GFL Environmental Inc.-Sub VT | New | 0.23% | +0.23 |
| TEAM Atlassian Corp. Class A | Add +21.7% | 2.14% | +0.18 |
| ACN Accenture PLC Class A | Add +250.7% | 0.41% | +0.17 |
| SPCX Space Exploration Techn Class A | New | 0.17% | +0.17 |
| TMUS T-Mobile US Inc. | Add +84.3% | 1.21% | +0.16 |
| CDW CDW Corp. | Add +1479.0% | 0.17% | +0.16 |
| LRCX Lam Research Corp. | Add +8.9% | 0.35% | +0.15 |
| MTCH Match Group Inc. | Add +35.4% | 0.50% | +0.12 |
| KLAC KLA Corp. | Add +4.5% | 0.26% | +0.10 |
| EMBJ Embraer SA-Spon ADR | New | 0.10% | +0.10 |
| ADBE Adobe Inc. | Add +237.1% | 0.18% | +0.10 |
| GOOG Alphabet Inc. Class C | Add +11.4% | 1.18% | +0.08 |
| DASH DoorDash Inc. Class A | Add +171.3% | 0.12% | +0.07 |
| PANW Palo Alto Networks Inc. | Add +2.3% | 0.17% | +0.07 |
| HOOD Robinhood Markets Inc. Class A | Add +138.9% | 0.11% | +0.07 |
| ALAB Astera Labs Inc. | Add +108.4% | 0.08% | +0.07 |
| WDC Western Digital Corp. | Add +4.1% | 0.14% | +0.07 |
| STX Seagate Technology Holdings | Add +3.5% | 0.13% | +0.07 |
| RBLX Roblox Corp. Class A | Add +351.7% | 0.09% | +0.06 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +14.3% | 0.13% | +0.06 |
| SNOW Snowflake Inc. | Add +83.3% | 0.09% | +0.06 |
| MCHP Microchip Technology Inc. | Add +111.9% | 0.09% | +0.05 |
| IONQ Ionq Inc. | Add +587.0% | 0.06% | +0.05 |
| WCN Waste Connections Inc. | Add +189.5% | 0.09% | +0.05 |
| RDDT Reddit Inc. Class A | Add +479.0% | 0.06% | +0.05 |
| ANET Arista Networks Inc. | Add +8.9% | 0.30% | +0.05 |
| RKLB Rocket Lab Corp. | Add +65.3% | 0.08% | +0.04 |
| NKE Nike Inc. Class B | Add +210.9% | 0.09% | +0.04 |
| CRM Salesforce Inc. | Add +78.8% | 0.28% | +0.04 |
| DELL Dell Technologies -C | Add +0.5% | 0.08% | +0.04 |
| BE Bloom Energy Corp. Class A | Add +15.2% | 0.08% | +0.04 |
| SMCI Super Micro Computer Inc. | Add +406.8% | 0.05% | +0.04 |
| INCY Incyte Corp. | Add +372.7% | 0.05% | +0.04 |
| GM General Motors Co. | Add +108.4% | 0.09% | +0.04 |
| NVDA Nvidia Corp. | Add +11.6% | 6.40% | +0.04 |
| TDY Teledyne Technologies Inc. | Add +83.0% | 0.10% | +0.04 |
| STLD Steel Dynamics Inc. | Add +180.8% | 0.06% | +0.04 |
| CNC Centene Corp. | Add +63.5% | 0.06% | +0.04 |
| TEM Tempus AI Inc. Class A | Add +1805.6% | 0.04% | +0.04 |
| MNST Monster Beverage Corp. | Add +53.8% | 0.09% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,276 | $35.7B | MSFT, NVDA, GOOGL, AMZN, AVGO |
| Q1 2026 | 1,235 | $28.0B | MSFT, NVDA, AMZN, GOOGL, AAPL |
| Q4 2025 | 731 | $28.7B | MSFT, NVDA, GOOGL, AMZN, AAPL |
| Q3 2025 | 731 | $26.7B | MSFT, NVDA, GOOGL, AAPL, AMZN |
| Q2 2025 | 716 | $24.1B | MSFT, NVDA, GOOGL, AMZN, META |
| Q1 2025 | 738 | $21.7B | MSFT, NVDA, AMZN, GOOGL, AAPL |
| Q4 2024 | 732 | $23.1B | MSFT, GOOGL, AMZN, NVDA, AAPL |
| Q3 2024 | 715 | $22.1B | MSFT, GOOGL, NVDA, AMZN, META |
| Q2 2024 | 708 | $21.0B | MSFT, GOOGL, NVDA, AMZN, AAPL |
| Q1 2024 | 705 | $19.2B | MSFT, META, GOOGL, NVDA, AAPL |