DNB Asset Management AS
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 12, 2024), DNB Asset Management AS reported 705 stock positions worth $19.2 billion. Its top holding was Microsoft (MSFT) at 7.7% of the portfolio, followed by Meta Platforms Class A (META, 6.4%) and Alphabet Class A (GOOGL, 5.9%). Compared with Q4 2023, it opened 86 new positions, sold out of 26, added to 158 and reduced 458. The biggest buy was Western Digital (WDC, shares +37%) and the biggest sale Apple (AAPL, shares −16%).
- Most Recent 13F
- Q2 2026
- Location
- Oslo, Q8
- CIK
- 0001456670
- Portfolio Value
- $19.2B (Q1 2024)
- SEC Filing
- 0000950123-24-003256 ↗ filed Apr 12, 2024
Holdings Value
Holdings 705 stocks · $19.2B
| MSFT Microsoft Corp. | 7.72% | 3,520,072 | $1.5B | Reduce -17.6% |
| META Meta Platforms Inc. Class A | 6.36% | 2,511,874 | $1.2B | Reduce -16.5% |
| GOOGL Alphabet Inc. Class A | 5.86% | 7,448,443 | $1.1B | Add +10.7% |
| NVDA Nvidia Corp. | 4.80% | 1,017,945 | $919.8M | Reduce -32.5% |
| AAPL Apple Inc. | 3.25% | 3,638,780 | $624.0M | Reduce -15.5% |
| AMZN Amazon.com Inc. | 2.78% | 2,957,089 | $533.4M | Reduce -1.5% |
| WDC Western Digital Corp. | 2.72% | 7,650,830 | $522.1M | Add +36.9% |
| V Visa Inc. Class A | 2.63% | 1,808,314 | $504.7M | Reduce -8.6% |
| MA Mastercard Inc. Class A | 2.11% | 839,851 | $404.4M | Reduce -4.8% |
| CHECK POINT SOFTWARE TECH | 1.81% | 2,121,489 | $347.9M | Add +0.4% |
| ORCL Oracle Corp. | 1.40% | 2,144,659 | $269.4M | Add +21.4% |
| LLY Eli Lilly & Co. | 1.39% | 342,133 | $266.2M | Reduce -11.8% |
| QCOM Qualcomm Inc. | 1.32% | 1,498,862 | $253.8M | Reduce -3.1% |
| JPM JPMorgan Chase & Co. | 1.20% | 1,149,265 | $230.2M | Reduce -5.0% |
| EA Electronic Arts Inc. | 1.16% | 1,671,938 | $221.8M | Reduce -29.1% |
| TSM Taiwan Semiconductor-SP ADR | 1.14% | 1,610,412 | $219.1M | Add +47.5% |
| TTWO Take-Two Interactive Softwre | 1.02% | 1,317,933 | $195.7M | Reduce -0.3% |
| JNJ Johnson & Johnson | 1.00% | 1,213,982 | $192.0M | Reduce -10.3% |
| CRTO Criteo SA-Spon | 0.99% | 5,411,610 | $189.8M | No change |
| GOOG Alphabet Inc. Class C | 0.92% | 1,157,457 | $176.2M | Reduce -16.6% |
| CHUBB LTD | 0.72% | 536,404 | $139.0M | Reduce -7.0% |
| HPQ HP Inc. | 0.71% | 4,522,247 | $136.7M | Add +1833.3% |
| MU Micron Technology Inc. | 0.69% | 1,118,598 | $131.9M | Add +254.7% |
| SWKS Skyworks Solutions Inc. | 0.68% | 1,204,255 | $130.4M | Reduce -15.5% |
| TMUS T-Mobile US Inc. | 0.67% | 792,268 | $129.3M | Reduce -2.5% |
| AVGO Broadcom Inc. | 0.65% | 93,668 | $124.1M | Reduce -18.4% |
| CSCO Cisco Systems Inc. | 0.62% | 2,389,501 | $119.3M | Reduce -7.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.62% | 282,094 | $118.6M | Reduce -15.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.62% | 3,116,338 | $118.2M | Reduce -8.1% |
| SPGI S&P Global Inc. | 0.61% | 273,598 | $116.4M | Reduce -18.7% |
| PTC PTC Inc. | 0.56% | 569,336 | $107.6M | Reduce -19.1% |
| INTC Intel Corp. | 0.55% | 2,388,119 | $105.5M | Add +10.6% |
| TSLA Tesla Inc. | 0.55% | 599,614 | $105.4M | Reduce -14.7% |
| UNH Unitedhealth Group Inc. | 0.54% | 210,939 | $104.4M | Reduce -25.6% |
| TMO Thermo Fisher Scientific Inc. | 0.53% | 175,676 | $102.1M | Reduce -30.3% |
| NOW ServiceNow Inc. | 0.53% | 133,441 | $101.7M | Reduce -6.1% |
| XOM Exxon Mobil Corp. | 0.52% | 852,231 | $99.1M | Add +13.4% |
| PEP Pepsico Inc. | 0.47% | 518,487 | $90.7M | Reduce -18.3% |
| Medtronic PLC | 0.46% | 1,006,311 | $87.7M | Reduce -0.0% |
| MRK Merck & Co. Inc. | 0.44% | 646,425 | $85.3M | Reduce -11.4% |
| VRTX Vertex Pharmaceuticals Inc. | 0.42% | 191,250 | $79.9M | Reduce -3.6% |
| ABBV Abbvie Inc. | 0.41% | 435,124 | $79.2M | Add +1.0% |
| HD Home Depot Inc. | 0.40% | 200,207 | $76.8M | Reduce -21.1% |
| MS Morgan Stanley | 0.40% | 809,645 | $76.2M | Add +12.9% |
| BMRN Biomarin Pharmaceutical Inc. | 0.39% | 867,187 | $75.7M | Add +16.3% |
| HUM Humana Inc. | 0.37% | 201,937 | $70.0M | Add +10.2% |
| ADBE Adobe Inc. | 0.36% | 137,602 | $69.4M | Reduce -21.3% |
| EMR Emerson Electric Co. | 0.36% | 605,999 | $68.7M | Add +1.1% |
| AMD Advanced Micro Devices | 0.35% | 373,589 | $67.4M | Reduce -42.6% |
| ARW Arrow Electronics Inc. | 0.35% | 520,592 | $67.4M | Add +12.3% |
| ENPH Enphase Energy Inc. | 0.34% | 546,516 | $66.1M | Reduce -13.0% |
| CVX Chevron Corp. | 0.33% | 400,650 | $63.2M | Add +0.0% |
| NEE Nextera Energy Inc. | 0.33% | 980,974 | $62.7M | Reduce -7.5% |
| CRM Salesforce Inc. | 0.32% | 206,917 | $62.3M | Reduce -18.5% |
| PG The Procter & Gamble Co. | 0.32% | 380,464 | $61.7M | Reduce -28.0% |
| NFLX Netflix Inc. | 0.32% | 101,280 | $61.5M | Reduce -15.8% |
| GS Goldman Sachs Group Inc. | 0.32% | 146,541 | $61.2M | Add +20.5% |
| GE General Electric | 0.30% | 330,236 | $58.0M | Add +8.6% |
| TXN Texas Instruments Inc. | 0.30% | 327,331 | $57.0M | Add +6.4% |
| CL Colgate-Palmolive Co. | 0.29% | 622,929 | $56.1M | Reduce -23.9% |
| FANG Diamondback Energy Inc. | 0.29% | 282,749 | $56.0M | Reduce -11.1% |
| DAR Darling Ingredients Inc. | 0.28% | 1,170,069 | $54.4M | Reduce -21.6% |
| DECK Deckers Outdoor Corp. | 0.28% | 57,048 | $53.7M | Reduce -15.3% |
| BLK BlackRock Finance Inc. | 0.28% | 63,947 | $53.3M | Reduce -6.4% |
| COST Costco Wholesale Corp. | 0.27% | 71,336 | $52.3M | Reduce -29.5% |
| ABT Abbott Laboratories | 0.27% | 450,489 | $51.2M | Reduce -1.2% |
| APH Amphenol Corp. Class A | 0.26% | 428,008 | $49.4M | Reduce -33.0% |
| ISRG Intuitive Surgical Inc. | 0.26% | 123,076 | $49.1M | Reduce -8.7% |
| ZS Zscaler Inc. | 0.25% | 252,480 | $48.6M | Add +1092.1% |
| INTU Intuit Inc. | 0.24% | 70,599 | $45.9M | Reduce -23.5% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.24% | 295,357 | $45.5M | Reduce -13.1% |
| CFLT Confluent Inc. Class A | 0.24% | 1,478,430 | $45.1M | Add +1700.1% |
| KO The Coca-Cola Co. | 0.23% | 736,125 | $45.0M | Reduce -34.9% |
| RUN Sunrun Inc. | 0.23% | 3,389,996 | $44.7M | Reduce -14.2% |
| UNP Union Pacific Corp. | 0.23% | 179,701 | $44.2M | Reduce -10.8% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.23% | 802,569 | $44.0M | Add +15.5% |
| DHR Danaher Corp. | 0.23% | 175,700 | $43.9M | Reduce -41.6% |
| AMAT Applied Materials Inc. | 0.23% | 211,231 | $43.6M | Reduce -18.0% |
| MTZ Mastec Inc. | 0.23% | 465,734 | $43.4M | Reduce -6.8% |
| CI The Cigna Group | 0.22% | 118,027 | $42.9M | Reduce -18.3% |
| WMT Walmart Inc. | 0.22% | 691,783 | $41.6M | Reduce -18.3% |
| YUM Yum! Brands Inc. | 0.21% | 294,419 | $40.8M | Reduce -1.4% |
| DE Deere & Co. | 0.21% | 98,867 | $40.6M | Reduce -32.5% |
| COP Conocophillips | 0.20% | 308,694 | $39.3M | Add +7.7% |
| LINDE PLC | 0.20% | 82,955 | $38.5M | Reduce -23.3% |
| ICE Intercontinental Exchange Inc. | 0.20% | 276,907 | $38.1M | Reduce -30.3% |
| CCK Crown Holdings Inc. | 0.20% | 478,846 | $38.0M | Reduce -4.9% |
| PFE Pfizer Inc. | 0.20% | 1,361,372 | $37.8M | Reduce -57.8% |
| PTON Peloton Interactive Inc. Class A | 0.19% | 8,519,484 | $36.5M | Add +1.6% |
| ITW Illinois Tool Works | 0.19% | 134,189 | $36.0M | Reduce -1.0% |
| VZ Verizon Communications Inc. | 0.19% | 857,497 | $36.0M | Reduce -18.9% |
| LRCX Lam Research Corp. | 0.18% | 36,217 | $35.2M | Reduce -11.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.18% | 284,230 | $34.8M | Reduce -25.2% |
| ACCENTURE PLC | 0.18% | 98,410 | $34.1M | Reduce -57.8% |
| MCD McDonald's Corp. | 0.17% | 117,983 | $33.3M | Reduce -42.4% |
| ADP Automatic Data Processing | 0.17% | 131,437 | $32.8M | Reduce -17.7% |
| PH Parker Hannifin Corp. | 0.17% | 58,819 | $32.7M | Add +61.6% |
| SCHW Schwab (charles) Corp. | 0.17% | 447,273 | $32.4M | Reduce -22.6% |
| BX Blackstone Inc. | 0.17% | 246,232 | $32.3M | Add +13.2% |
| BBWI Bath & Body Works Inc. | 0.17% | 644,002 | $32.2M | Reduce -12.1% |
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -15.5% | 3.25% | −1.05 |
| MSFT Microsoft Corp. | Reduce -17.6% | 7.72% | −0.61 |
| EA Electronic Arts Inc. | Reduce -29.1% | 1.16% | −0.52 |
| TSLA Tesla Inc. | Reduce -14.7% | 0.55% | −0.36 |
| PFE Pfizer Inc. | Reduce -57.8% | 0.20% | −0.29 |
| ACCENTURE PLC | Reduce -57.8% | 0.18% | −0.25 |
| UNH Unitedhealth Group Inc. | Reduce -25.6% | 0.54% | −0.23 |
| CAT Caterpillar Inc. | Sold out | 0.00% | −0.19 |
| ADBE Adobe Inc. | Reduce -21.3% | 0.36% | −0.18 |
| RUN Sunrun Inc. | Reduce -14.2% | 0.23% | −0.17 |
| ZTS Zoetis Inc. | Reduce -59.9% | 0.09% | −0.17 |
| LTHM Livent Corp. | Sold out | 0.00% | −0.17 |
| SPGI S&P Global Inc. | Reduce -18.7% | 0.61% | −0.16 |
| TMO Thermo Fisher Scientific Inc. | Reduce -30.3% | 0.53% | −0.16 |
| ROK Rockwell Automation Inc. | Reduce -74.6% | 0.05% | −0.15 |
| SWKS Skyworks Solutions Inc. | Reduce -15.5% | 0.68% | −0.15 |
| HPE Hewlett Packard Enterprise | Reduce -85.9% | 0.03% | −0.15 |
| IQV Iqvia Holdings Inc. | Reduce -81.2% | 0.04% | −0.15 |
| AMD Advanced Micro Devices | Reduce -42.6% | 0.35% | −0.15 |
| MCD McDonald's Corp. | Reduce -42.4% | 0.17% | −0.14 |
| PDD PDD Holdings Inc. | Reduce -62.5% | 0.06% | −0.14 |
| DHR Danaher Corp. | Reduce -41.6% | 0.23% | −0.13 |
| KO The Coca-Cola Co. | Reduce -34.9% | 0.23% | −0.11 |
| HDB HDFC Bank Ltd.-ADR | Sold out | 0.00% | −0.10 |
| DAR Darling Ingredients Inc. | Reduce -21.6% | 0.28% | −0.10 |
| JNJ Johnson & Johnson | Reduce -10.3% | 1.00% | −0.10 |
| PLD Prologis Inc. | Reduce -48.3% | 0.10% | −0.10 |
| GOOG Alphabet Inc. Class C | Reduce -16.6% | 0.92% | −0.10 |
| WTS Watts Water Technologies-A | Sold out | 0.00% | −0.10 |
| DE Deere & Co. | Reduce -32.5% | 0.21% | −0.09 |
| PEP Pepsico Inc. | Reduce -18.3% | 0.47% | −0.09 |
| ENPH Enphase Energy Inc. | Reduce -13.0% | 0.34% | −0.09 |
| TTWO Take-Two Interactive Softwre | Reduce -0.3% | 1.02% | −0.08 |
| ANSS Ansys Inc. | Reduce -47.0% | 0.09% | −0.08 |
| STNG Scorpio Tankers Inc. | Sold out | 0.00% | −0.08 |
| PG The Procter & Gamble Co. | Reduce -28.0% | 0.32% | −0.08 |
| PTC PTC Inc. | Reduce -19.1% | 0.56% | −0.08 |
| CMCSA Comcast Corp. Class A | Reduce -35.0% | 0.14% | −0.08 |
| A Agilent Technologies Inc. | Reduce -70.5% | 0.03% | −0.08 |
| COST Costco Wholesale Corp. | Reduce -29.5% | 0.27% | −0.07 |
| MSI Motorola Solutions Inc. | Sold out | 0.00% | −0.07 |
| ALB Albemarle Corp. | Reduce -83.5% | 0.01% | −0.07 |
| AMGN Amgen Inc. | Reduce -30.2% | 0.16% | −0.07 |
| BLD Topbuild Corp. | Sold out | 0.00% | −0.07 |
| BAH Booz Allen Hamilton Holdings | Reduce -73.5% | 0.03% | −0.07 |
| APH Amphenol Corp. Class A | Reduce -33.0% | 0.26% | −0.07 |
| BSX Boston Scientific Corp. | Reduce -54.0% | 0.08% | −0.07 |
| ICE Intercontinental Exchange Inc. | Reduce -30.3% | 0.20% | −0.07 |
| MELI MercadoLibre Inc. | Reduce -30.7% | 0.13% | −0.07 |
| AON PLC | Reduce -60.5% | 0.05% | −0.07 |
Portfolio Buys Q4 2023 → Q1 2024
| WDC Western Digital Corp. | Add +36.9% | 2.72% | +1.20 |
| GOOGL Alphabet Inc. Class A | Add +10.7% | 5.86% | +0.98 |
| HPQ HP Inc. | Add +1833.3% | 0.71% | +0.68 |
| TSM Taiwan Semiconductor-SP ADR | Add +47.5% | 1.14% | +0.55 |
| MU Micron Technology Inc. | Add +254.7% | 0.69% | +0.55 |
| ORCL Oracle Corp. | Add +21.4% | 1.40% | +0.44 |
| ZS Zscaler Inc. | Add +1092.1% | 0.25% | +0.23 |
| CFLT Confluent Inc. Class A | Add +1700.1% | 0.24% | +0.23 |
| BKNG Booking Holdings Inc. | New | 0.16% | +0.16 |
| ARCAD LIT | New | 0.14% | +0.14 |
| CHECK POINT SOFTWARE TECH | Add +0.4% | 1.81% | +0.14 |
| XOM Exxon Mobil Corp. | Add +13.4% | 0.52% | +0.13 |
| EMBJ Embraer SA-Spon ADR | New | 0.13% | +0.13 |
| GE General Electric | Add +8.6% | 0.30% | +0.10 |
| TDG Transdigm Group Inc. | Add +100.1% | 0.15% | +0.09 |
| COIN Coinbase Global Inc. Class A | Add +235.9% | 0.11% | +0.09 |
| PH Parker Hannifin Corp. | Add +61.6% | 0.17% | +0.08 |
| Transocean Ltd | New | 0.08% | +0.08 |
| GLNG Golar LNG Ltd. | New | 0.08% | +0.08 |
| GS Goldman Sachs Group Inc. | Add +20.5% | 0.32% | +0.08 |
| SMCI Super Micro Computer Inc. | Add +36.0% | 0.09% | +0.08 |
| VRT Vertiv Holdings Co. Class A | Add +191.1% | 0.08% | +0.07 |
| ABBV Abbvie Inc. | Add +1.0% | 0.41% | +0.07 |
| CMG Chipotle Mexican Grill Inc. | New | 0.06% | +0.06 |
| PLTR Palantir Technologies Inc. Class A | Add +132.4% | 0.09% | +0.06 |
| AZO AutoZone Inc. | New | 0.06% | +0.06 |
| ARW Arrow Electronics Inc. | Add +12.3% | 0.35% | +0.06 |
| EMR Emerson Electric Co. | Add +1.1% | 0.36% | +0.06 |
| MS Morgan Stanley | Add +12.9% | 0.40% | +0.05 |
| Eaton Corp PLC | Add +10.7% | 0.16% | +0.05 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +29.5% | 0.12% | +0.05 |
| PNC PNC Financial Services Group | Add +63.8% | 0.11% | +0.05 |
| ERIE Erie Indemnity Company Class A | New | 0.04% | +0.04 |
| TCOM Trip.com Group Ltd.-ADR | Add +14.1% | 0.15% | +0.04 |
| SLB SLB Ltd. | Add +15.5% | 0.23% | +0.04 |
| TPL Texas Pacific Land Corp. | New | 0.04% | +0.04 |
| FICO Fair Isaac Corp. | New | 0.04% | +0.04 |
| HUBS HubSpot Inc. | New | 0.04% | +0.04 |
| MLM Martin Marietta Materials | New | 0.03% | +0.03 |
| AMRC Ameresco Inc. Class A | New | 0.03% | +0.03 |
| COP Conocophillips | Add +7.7% | 0.20% | +0.03 |
| CTAS Cintas Corp. | Add +13.4% | 0.12% | +0.03 |
| PCAR Paccar Inc. | Add +1.9% | 0.12% | +0.03 |
| DELL Dell Technologies -C | Add +6.8% | 0.07% | +0.03 |
| MPWR Monolithic Power Systems Inc. | New | 0.03% | +0.03 |
| C Citigroup Inc. | Add +2.4% | 0.12% | +0.03 |
| MTD Mettler-Toledo International | New | 0.03% | +0.03 |
| TXN Texas Instruments Inc. | Add +6.4% | 0.30% | +0.03 |
| TBBB BBB Foods Inc. Class A | New | 0.03% | +0.03 |
| EPAM Epam Systems Inc. | New | 0.02% | +0.02 |
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 |