Storebrand Asset Management As
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed May 20, 2026), Storebrand Asset Management As reported 775 stock positions worth $37.2 billion. Its top holding was Nvidia (NVDA) at 7.0% of the portfolio, followed by Apple (AAPL, 5.9%) and Microsoft (MSFT, 5.8%). Compared with Q3 2025, it opened 18 new positions, sold out of 54, added to 207 and reduced 416. The biggest buy was Eli Lilly (LLY, shares +2%) and the biggest sale Microsoft (MSFT, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- LYSAKER, Q8
- CIK
- 0001685676
- Portfolio Value
- $37.2B (Q4 2025)
- SEC Filing
- 0001685676-26-000007 ↗ filed May 20, 2026
Holdings Value
Holdings 775 stocks · $37.2B
| NVDA Nvidia Corp. | 6.95% | 13,887,747 | $2.6B | Reduce -0.1% |
| AAPL Apple Inc. | 5.90% | 8,085,663 | $2.2B | Reduce -2.4% |
| MSFT Microsoft Corp. | 5.83% | 4,492,730 | $2.2B | Reduce -1.8% |
| AMZN Amazon.com Inc. | 3.86% | 6,231,184 | $1.4B | Reduce -1.1% |
| GOOGL Alphabet Inc. Class A | 2.92% | 3,476,172 | $1.1B | Reduce -1.1% |
| GOOG Alphabet Inc. Class C | 2.68% | 3,181,596 | $998.4M | Reduce -3.1% |
| AVGO Broadcom Inc. | 2.35% | 2,528,031 | $875.0M | Reduce -1.3% |
| META Meta Platforms Inc. Class A | 2.09% | 1,176,610 | $776.7M | Reduce -5.4% |
| TSLA Tesla Inc. | 1.88% | 1,553,463 | $698.6M | Reduce -2.5% |
| V Visa Inc. Class A | 1.63% | 1,730,668 | $607.0M | Reduce -2.9% |
| JPM JPMorgan Chase & Co. | 1.54% | 1,775,132 | $572.0M | Reduce -4.3% |
| LLY Eli Lilly & Co. | 1.34% | 463,300 | $497.9M | Add +2.3% |
| MA Mastercard Inc. Class A | 1.17% | 764,034 | $436.2M | Reduce -2.8% |
| ABT Abbott Laboratories | 0.89% | 2,638,318 | $330.6M | Reduce -16.4% |
| WM Waste Management Inc. | 0.87% | 1,472,305 | $323.5M | Add +5.4% |
| HD Home Depot Inc. | 0.82% | 890,821 | $306.5M | Reduce -1.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.67% | 4,551,124 | $250.3M | Add +0.1% |
| CSCO Cisco Systems Inc. | 0.65% | 3,147,765 | $242.5M | Reduce -3.8% |
| ABBV Abbvie Inc. | 0.65% | 1,052,600 | $240.5M | Add +1.7% |
| MCO Moody's Corp. | 0.62% | 455,541 | $232.7M | Reduce -7.8% |
| NFLX Netflix Inc. | 0.62% | 2,459,038 | $230.6M | Reduce -8.8% |
| PG The Procter & Gamble Co. | 0.62% | 1,602,531 | $229.7M | Add +0.1% |
| GS Goldman Sachs Group Inc. | 0.59% | 252,070 | $221.6M | Reduce -47.9% |
| PWR Quanta Services Inc. | 0.57% | 499,209 | $210.7M | Reduce -3.2% |
| C Citigroup Inc. | 0.56% | 1,787,543 | $208.6M | Add +1.7% |
| KO The Coca-Cola Co. | 0.55% | 2,939,981 | $205.5M | Add +9.7% |
| MSCI MSCI Inc. | 0.52% | 335,462 | $192.5M | Reduce -1.8% |
| AMD Advanced Micro Devices | 0.50% | 865,184 | $185.3M | Add +6.7% |
| ORCL Oracle Corp. | 0.49% | 944,050 | $184.0M | Reduce -0.8% |
| MRK Merck & Co. Inc. | 0.48% | 1,694,866 | $178.4M | Reduce -4.3% |
| PANW Palo Alto Networks Inc. | 0.48% | 967,142 | $178.1M | Add +6.2% |
| MRSH Marsh & McLennan Cos | 0.48% | 955,270 | $177.2M | Reduce -2.5% |
| WCN Waste Connections Inc. | 0.47% | 1,001,326 | $175.6M | Add +0.3% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.46% | 367,578 | $172.3M | Add +1.2% |
| MU Micron Technology Inc. | 0.44% | 575,182 | $164.2M | Add +19.0% |
| WFC Wells Fargo & Co. | 0.44% | 1,752,512 | $163.3M | Reduce 0.0% |
| CRM Salesforce Inc. | 0.43% | 602,355 | $159.6M | Reduce -1.3% |
| LIN Linde PLC | 0.42% | 364,556 | $155.4M | Add +0.1% |
| LRCX Lam Research Corp. | 0.41% | 887,600 | $151.9M | Add +5.8% |
| UNH Unitedhealth Group Inc. | 0.40% | 454,740 | $150.1M | Add +2.6% |
| PEP Pepsico Inc. | 0.40% | 1,030,557 | $147.9M | Reduce -3.1% |
| ACN Accenture PLC Class A | 0.39% | 543,162 | $145.7M | Reduce -2.2% |
| ICE Intercontinental Exchange Inc. | 0.39% | 899,075 | $145.6M | Reduce -3.4% |
| MS Morgan Stanley | 0.39% | 818,672 | $145.3M | Reduce -1.5% |
| WELL Welltower Inc. | 0.39% | 778,696 | $144.5M | Add +14.5% |
| AMT American Tower Corp. | 0.39% | 816,847 | $143.4M | Add +2.6% |
| AXP American Express Co. | 0.38% | 387,151 | $143.2M | Reduce -2.1% |
| RCL Royal Caribbean Cruises Ltd. | 0.38% | 512,606 | $143.0M | Reduce -15.1% |
| AWK American Water Works Co. Inc. | 0.38% | 1,089,208 | $142.1M | Add +0.8% |
| T AT&T Inc. | 0.38% | 5,667,567 | $140.8M | Add +0.2% |
| RSG Republic Services Inc. | 0.37% | 652,488 | $138.3M | Reduce -3.3% |
| MCD McDonald's Corp. | 0.37% | 452,347 | $138.3M | Add +2.5% |
| VZ Verizon Communications Inc. | 0.37% | 3,367,155 | $137.1M | Add +1.1% |
| BSX Boston Scientific Corp. | 0.36% | 1,421,212 | $135.5M | Reduce -7.6% |
| COR Cencora Inc. | 0.36% | 395,351 | $133.5M | Add +1.7% |
| AMAT Applied Materials Inc. | 0.36% | 514,786 | $132.3M | Reduce -17.5% |
| UBER Uber Technologies Inc. | 0.35% | 1,598,940 | $130.6M | Add +2.7% |
| ADSK Autodesk Inc. | 0.34% | 426,587 | $126.3M | Add +4.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.34% | 1,098,628 | $125.0M | Reduce -1.7% |
| TMO Thermo Fisher Scientific Inc. | 0.33% | 214,265 | $124.2M | Add +2.4% |
| BKNG Booking Holdings Inc. | 0.33% | 23,045 | $123.4M | Reduce -6.7% |
| INTU Intuit Inc. | 0.33% | 183,278 | $121.4M | Add +1.6% |
| PFE Pfizer Inc. | 0.32% | 4,797,489 | $119.5M | Reduce -0.1% |
| KLAC KLA Corp. | 0.32% | 97,836 | $118.9M | Reduce -2.6% |
| ISRG Intuitive Surgical Inc. | 0.32% | 209,083 | $118.4M | Reduce -5.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.32% | 235,348 | $118.3M | Reduce -2.8% |
| GILD Gilead Sciences Inc. | 0.31% | 940,746 | $115.5M | Reduce -1.5% |
| MCK McKesson Corp. | 0.30% | 137,645 | $112.9M | Add +1.4% |
| CB Chubb Ltd. | 0.30% | 359,671 | $112.3M | Add +4.8% |
| QCOM Qualcomm Inc. | 0.30% | 654,339 | $111.9M | Reduce -11.7% |
| JCI Johnson Controls Internation | 0.30% | 923,363 | $110.6M | Reduce -2.7% |
| SPGI S&P Global Inc. | 0.30% | 211,030 | $110.3M | Add +0.5% |
| CME Cme Group Inc. | 0.29% | 393,372 | $107.4M | Add +11.9% |
| ANET Arista Networks Inc. | 0.28% | 808,150 | $105.9M | Add +4.9% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.28% | 901,662 | $104.7M | Add +10.8% |
| NOW ServiceNow Inc. | 0.28% | 680,910 | $104.3M | No change |
| COF Capital One Financial Corp. | 0.27% | 421,521 | $102.2M | Add +0.5% |
| AMGN Amgen Inc. | 0.27% | 308,562 | $101.0M | Reduce -2.8% |
| CDNS Cadence Design SYS Inc. | 0.27% | 319,283 | $99.8M | Add +8.0% |
| TMUS T-Mobile US Inc. | 0.26% | 483,435 | $98.2M | Reduce -0.9% |
| TEL Te Connectivity PLC | 0.26% | 425,747 | $96.9M | Add +4.2% |
| DE Deere & Co. | 0.26% | 205,413 | $95.6M | Add +0.5% |
| APP AppLovin Corp. Class A | 0.26% | 140,942 | $95.0M | Reduce -4.8% |
| SCHW Schwab (charles) Corp. | 0.25% | 935,363 | $93.5M | Add +2.2% |
| PLD Prologis Inc. | 0.25% | 717,841 | $91.6M | Add +0.5% |
| MELI MercadoLibre Inc. | 0.24% | 44,920 | $90.5M | Reduce -10.0% |
| MDT Medtronic PLC | 0.24% | 939,738 | $90.3M | Add +1.6% |
| STLD Steel Dynamics Inc. | 0.24% | 527,670 | $89.4M | Reduce -0.5% |
| INTC Intel Corp. | 0.24% | 2,421,997 | $89.4M | Add +40.8% |
| BMY Bristol-Myers Squibb Co. | 0.24% | 1,647,375 | $88.9M | Reduce -1.4% |
| ADP Automatic Data Processing | 0.23% | 335,332 | $86.3M | Reduce -2.3% |
| GLW Corning Inc. | 0.23% | 962,159 | $84.2M | Add +32.6% |
| CVS CVS Health Corp. | 0.22% | 1,052,729 | $83.5M | Add +1.5% |
| XYL Xylem Inc. | 0.22% | 607,616 | $82.7M | Add +1.5% |
| HWM Howmet Aerospace Inc. | 0.22% | 401,369 | $82.3M | Reduce -18.2% |
| MMM 3M Co. | 0.22% | 512,379 | $82.0M | Add +0.1% |
| BLK BlackRock Inc. | 0.22% | 76,099 | $81.5M | Add +1.0% |
| TXN Texas Instruments Inc. | 0.22% | 467,326 | $81.1M | Reduce -1.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.22% | 527,125 | $81.0M | Add +4.7% |
| PGR Progressive Corp. | 0.22% | 354,744 | $80.8M | Reduce -14.7% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $25K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| VAL.WS Valaris Ltd. -CW28 | *W EXP 04/29/202 | 14,322 | $25K | No change |
Total filed on the 13F, all lines: $37.2B.
Portfolio Sells Q3 2025 → Q4 2025
| MSFT Microsoft Corp. | Reduce -1.8% | 5.83% | −0.44 |
| GS Goldman Sachs Group Inc. | Reduce -47.9% | 0.59% | −0.43 |
| META Meta Platforms Inc. Class A | Reduce -5.4% | 2.09% | −0.33 |
| NFLX Netflix Inc. | Reduce -8.8% | 0.62% | −0.24 |
| ABT Abbott Laboratories | Reduce -16.4% | 0.89% | −0.23 |
| SPOT Spotify Technology SA | Reduce -51.1% | 0.16% | −0.23 |
| ORCL Oracle Corp. | Reduce -0.8% | 0.49% | −0.22 |
| APH Amphenol Corp. Class A | Reduce -49.5% | 0.20% | −0.16 |
| HD Home Depot Inc. | Reduce -1.1% | 0.82% | −0.14 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -15.1% | 0.38% | −0.13 |
| K Kellanova | Sold out | 0.00% | −0.12 |
| PYPL PayPal Holdings Inc. | Reduce -56.0% | 0.07% | −0.12 |
| PAYX Paychex Inc. | Reduce -59.2% | 0.06% | −0.10 |
| FISV Fiserv Inc. | Reduce -60.7% | 0.02% | −0.09 |
| MSTR Strategy Inc. | Reduce -12.7% | 0.06% | −0.08 |
| MOS The Mosaic Co. | Reduce -36.5% | 0.07% | −0.08 |
| COIN Coinbase Global Inc. Class A | Reduce -35.3% | 0.05% | −0.07 |
| MELI MercadoLibre Inc. | Reduce -10.0% | 0.24% | −0.07 |
| GDDY GoDaddy Inc. Class A | Reduce -66.6% | 0.03% | −0.06 |
| PGR Progressive Corp. | Reduce -14.7% | 0.22% | −0.06 |
| SE Sea Ltd.-ADR | Reduce -25.5% | 0.06% | −0.05 |
| RBLX Roblox Corp. Class A | Reduce -0.3% | 0.08% | −0.05 |
| MRSH Marsh & McLennan Cos | Reduce -2.5% | 0.48% | −0.05 |
| EBAY eBay Inc. | Reduce -22.5% | 0.14% | −0.05 |
| TMUS T-Mobile US Inc. | Reduce -0.9% | 0.26% | −0.05 |
| AXON Axon Enterprise Inc. | Reduce -2.8% | 0.16% | −0.05 |
| CMG Chipotle Mexican Grill Inc. | Reduce -45.2% | 0.05% | −0.04 |
| DASH DoorDash Inc. Class A | Reduce -8.4% | 0.13% | −0.04 |
| FFIV F5 Inc. | Reduce -14.3% | 0.08% | −0.04 |
| RSG Republic Services Inc. | Reduce -3.3% | 0.37% | −0.04 |
| ADP Automatic Data Processing | Reduce -2.3% | 0.23% | −0.04 |
| HWM Howmet Aerospace Inc. | Reduce -18.2% | 0.22% | −0.03 |
| BSX Boston Scientific Corp. | Reduce -7.6% | 0.36% | −0.03 |
| AJG Arthur J Gallagher & Co. | Reduce -10.3% | 0.11% | −0.03 |
| PPC Pilgrim's Pride Corp. | Sold out | 0.00% | −0.03 |
| CI The Cigna Group | Reduce -14.4% | 0.15% | −0.03 |
| ZTS Zoetis Inc. | Reduce -23.3% | 0.06% | −0.03 |
| PPG PPG Industries Inc. | Reduce -76.6% | 0.01% | −0.03 |
| MDLZ Mondelez International Inc. Class A | Reduce -0.6% | 0.19% | −0.03 |
| AZO AutoZone Inc. | Reduce -10.3% | 0.07% | −0.03 |
| CMA Comerica Inc. | Sold out | 0.00% | −0.03 |
| APP AppLovin Corp. Class A | Reduce -4.8% | 0.26% | −0.03 |
| TT Trane Technologies PLC | Reduce -9.0% | 0.15% | −0.03 |
| QCOM Qualcomm Inc. | Reduce -11.7% | 0.30% | −0.03 |
| ROP Roper Technologies Inc. | Reduce -10.7% | 0.11% | −0.03 |
| IPG Interpublic Group of Cos Inc. | Sold out | 0.00% | −0.03 |
| BX Blackstone Inc. | Reduce -9.9% | 0.12% | −0.02 |
| ICE Intercontinental Exchange Inc. | Reduce -3.4% | 0.39% | −0.02 |
| KKR KKR & Co. Inc. | Reduce -22.1% | 0.08% | −0.02 |
| CRDO Credo Technology Group Holdi | Reduce -83.4% | 0.00% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| LLY Eli Lilly & Co. | Add +2.3% | 1.34% | +0.42 |
| MU Micron Technology Inc. | Add +19.0% | 0.44% | +0.23 |
| AMD Advanced Micro Devices | Add +6.7% | 0.50% | +0.15 |
| LRCX Lam Research Corp. | Add +5.8% | 0.41% | +0.11 |
| FIX Comfort Systems USA Inc. | Add +112.8% | 0.15% | +0.09 |
| C Citigroup Inc. | Add +1.7% | 0.56% | +0.09 |
| INTC Intel Corp. | Add +40.8% | 0.24% | +0.09 |
| KO The Coca-Cola Co. | Add +9.7% | 0.55% | +0.08 |
| NOMD Nomad Foods Ltd. | New | 0.07% | +0.07 |
| GLW Corning Inc. | Add +32.6% | 0.23% | +0.07 |
| WDC Western Digital Corp. | Add +9.8% | 0.18% | +0.07 |
| WELL Welltower Inc. | Add +14.5% | 0.39% | +0.07 |
| TMO Thermo Fisher Scientific Inc. | Add +2.4% | 0.33% | +0.06 |
| WBD Warner Bros Discovery Inc. | Add +230.6% | 0.08% | +0.06 |
| PH Parker Hannifin Corp. | Add +34.5% | 0.17% | +0.06 |
| BRO Brown & Brown Inc. | Add +82.7% | 0.15% | +0.05 |
| TER Teradyne Inc. | Add +891.7% | 0.06% | +0.05 |
| WM Waste Management Inc. | Add +5.4% | 0.87% | +0.05 |
| BAC Bank of America Corp. | Add +0.1% | 0.67% | +0.05 |
| BNY Bank of New York Mellon Corp. | Add +10.8% | 0.28% | +0.05 |
| CB Chubb Ltd. | Add +4.8% | 0.30% | +0.04 |
| DHR Danaher Corp. | Add +7.7% | 0.20% | +0.04 |
| OMC Omnicom Group | Add +93.9% | 0.09% | +0.04 |
| BE Bloom Energy Corp. Class A | Add +468.5% | 0.05% | +0.04 |
| RKLB Rocket Lab Corp. | Add +8.1% | 0.10% | +0.04 |
| COF Capital One Financial Corp. | Add +0.5% | 0.27% | +0.04 |
| SBSW Sibanye-Stillwater Ltd.-ADR | New | 0.04% | +0.04 |
| CW Curtiss-Wright Corp. | New | 0.04% | +0.04 |
| CMI Cummins Inc. | Add +7.7% | 0.15% | +0.04 |
| VTR Ventas Inc. | Add +16.7% | 0.16% | +0.04 |
| CME Cme Group Inc. | Add +11.9% | 0.29% | +0.04 |
| COR Cencora Inc. | Add +1.7% | 0.36% | +0.04 |
| CIEN Ciena Corp. | New | 0.03% | +0.03 |
| TPR Tapestry Inc. | Add +93.6% | 0.06% | +0.03 |
| UTHR United Therapeutics Corp. | Add +13.4% | 0.12% | +0.03 |
| PLD Prologis Inc. | Add +0.5% | 0.25% | +0.03 |
| MCK McKesson Corp. | Add +1.4% | 0.30% | +0.03 |
| SPGI S&P Global Inc. | Add +0.5% | 0.30% | +0.03 |
| REGN Regeneron Pharmaceuticals | Add +14.2% | 0.07% | +0.02 |
| TJX TJX Companies Inc. | Add +4.7% | 0.22% | +0.02 |
| VRT Vertiv Holdings Co. Class A | Add +8.0% | 0.16% | +0.02 |
| TEL Te Connectivity PLC | Add +4.2% | 0.26% | +0.02 |
| CEG Constellation Energy | Add +11.2% | 0.12% | +0.02 |
| TROW T Rowe Price Group Inc. | Add +1910.0% | 0.02% | +0.02 |
| CHRW C.H. Robinson Worldwide Inc. | Add +123.3% | 0.03% | +0.02 |
| SCHW Schwab (charles) Corp. | Add +2.2% | 0.25% | +0.02 |
| AER Aercap Holdings NV | Add +6.6% | 0.09% | +0.02 |
| TAP Molson Coors Beverage Co. Class B | Add +31.9% | 0.07% | +0.02 |
| SDRL Seadrill Limited | New | 0.02% | +0.02 |
| FLEX Flex Ltd. | Add +11.9% | 0.12% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 760 | $40.6B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q1 2026 | 771 | $34.8B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025 | 775 | $37.2B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 810 | $37.8B | NVDA, MSFT, AAPL, AMZN, META |
| Q2 2025 | 812 | $34.5B | MSFT, NVDA, AAPL, AMZN, META |
| Q1 2025 | 824 | $30.8B | AAPL, MSFT, NVDA, AMZN, META |
| Q4 2024 | 826 | $32.9B | AAPL, NVDA, MSFT, AMZN, GOOG |
| Q3 2024 | 862 | $31.7B | AAPL, MSFT, NVDA, META, GOOG |
| Q2 2024 | 860 | $30.1B | MSFT, NVDA, AAPL, GOOG, GOOGL |
| Q1 2024 | 864 | $29.3B | MSFT, AAPL, NVDA, GOOG, META |