DNB Asset Management AS

Oslo, Q8 · CIK 1456670 · 13F filing filed 2026-08-11

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityDNB ASSET MANAGEMENT AS (NO)

$35.7bn reported value +27.3% vs Q1 2026

1,275positions

44.4%in top 10

129 new 414 added 426 reduced 89 sold out vs Q1 2026

Options: 1 call positions ($154.9k notional), 0 put positions (— notional) – listed below, not included above.

This report includes the holdings of 1 other manager that shares the investment decisions:

DNB Fund – reports through this filing

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	MICROSOFT CORP COM MSFT	MSFT	6,674,835	$2.5bn6.97%	6.97%	Added +1.1m	+1,133,547 20.5%
2	NVIDIA CORPORATION COM NVDA	NVDA	11,424,021	$2.3bn6.40%	6.40%	Added +1.2m	+1,191,517 11.6%
3	ALPHABET INC CAP STK CL A GOOGL	GOOGL	5,843,646	$2.1bn5.85%	5.85%	Added +985.7k	+985,704 20.3%
4	AMAZON COM INC COM AMZN	AMZN	7,785,587	$1.9bn5.20%	5.20%	Added +335.3k	+335,340 4.5%
5	BROADCOM INC COM AVGO	AVGO	4,133,220	$1.6bn4.37%	4.37%	Added +1.7m	+1,677,486 68.3%
6	APPLE INC COM AAPL	AAPL	4,808,315	$1.4bn3.90%	3.90%	Added +1.7k	+1,744 0.0%
7	VISA INC COM CL A V	V	3,607,126	$1.2bn3.46%	3.46%	Added +1.6m	+1,611,127 80.7%
8	META PLATFORMS INC CL A META	META	2,093,653	$1.2bn3.30%	3.30%	Added +449.2k	+449,175 27.3%
9	MASTERCARD INCORPORATED CL A MA	MA	1,923,485	$987.9m2.77%	2.77%	Added +827.5k	+827,476 75.5%
10	ATLASSIAN CORPORATION CL A TEAM	TEAM	9,830,768	$764.7m2.14%	2.14%	Added +1.8m	+1,753,042 21.7%
11	T-MOBILE US INC COM TMUS	TMUS	2,573,106	$431.6m1.21%	1.21%	Added +1.2m	+1,176,963 84.3%
12	ALPHABET INC CAP STK CL C GOOG	GOOG	1,193,420	$421.7m1.18%	1.18%	Added +121.7k	+121,728 11.4%
13	HP INC COM HPQ	HPQ	18,841,944	$413.4m1.16%	1.16%	Reduced -961.5k	-961,460 -4.9%
14	ELI LILLY & CO COM LLY	LLY	322,831	$387.2m1.08%	1.08%	Reduced -18.1k	-18,055 -5.3%
15	TESLA INC COM TSLA	TSLA	885,706	$372.5m1.04%	1.04%	Added +44.4k	+44,440 5.3%
16	MICRON TECHNOLOGY INC COM MU	MU	304,537	$351.5m0.98%	0.98%	Reduced -48.1k	-48,145 -13.7%
17	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	683,962	$326.4m0.91%	0.91%	Added +448.6k	+448,578 190.6%
18	BOOKING HOLDINGS INC COM BKNG	BKNG	1,647,851	$293.7m0.82%	0.82%	Added +741.3k	+741,301 81.8%
19	BANK AMERICA CORP COM BAC	BAC	4,828,827	$275.1m0.77%	0.77%	Reduced -47.8k	-47,817 -1.0%
20	CHECK POINT SOFTWARE TECH LT ORD CHKP	CHKP	2,007,100	$263.8m0.74%	0.74%	Added +226.2k	+226,250 12.7%
21	JPMORGAN CHASE & CO COM JPM	JPM	770,267	$252.1m0.71%	0.71%	Added +2.5k	+2,494 0.3%
22	INTUIT COM INTU	INTU	958,207	$250.1m0.70%	0.70%	Added +895.3k	+895,325 1423.8%
23	ADVANCED MICRO DEVICES INC COM AMD	AMD	425,397	$247.1m0.69%	0.69%	Reduced -217.5k	-217,499 -33.8%
24	CITIGROUP INC COM NEW C	C	1,692,123	$236.8m0.66%	0.66%	Reduced -116.3k	-116,280 -6.4%
25	GOLDMAN SACHS GROUP INC COM GS	GS	228,929	$231.5m0.65%	0.65%	Reduced -7.7k	-7,712 -3.3%
26	PELOTON INTERACTIVE INC CL A COM PTON	PTON	38,115,285	$225.3m0.63%	0.63%	Added +15.4m	+15,429,942 68.0%
27	SKYWORKS SOLUTIONS INC COM SWKS	SWKS	3,188,840	$216.2m0.61%	0.61%	Added +1.8m	+1,844,690 137.2%
28	ORACLE CORP COM ORCL	ORCL	1,410,210	$206.7m0.58%	0.58%	Reduced -1.4m	-1,407,962 -50.0%
29	INTEL CORP COM INTC	INTC	1,432,695	$200.0m0.56%	0.56%	Reduced -845.4k	-845,395 -37.1%
30	GE AEROSPACE COM NEW GE	GE	527,658	$197.2m0.55%	0.55%	Reduced -63.4k	-63,436 -10.7%
31	JOHNSON & JOHNSON COM JNJ	JNJ	761,144	$193.3m0.54%	0.54%	Added +35.2k	+35,243 4.9%
32	CHUBB LIMITED COM CB	CB	557,002	$189.8m0.53%	0.53%	Added +21.0k	+21,010 3.9%
33	UNITEDHEALTH GROUP INC COM UNH	UNH	453,105	$188.3m0.53%	0.53%	Reduced -83.6k	-83,598 -15.6%
34	SERVICENOW INC COM NOW	NOW	1,876,370	$186.3m0.52%	0.52%	Reduced -53.0k	-52,988 -2.8%
35	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	369,554	$184.9m0.52%	0.52%	Added +34.3k	+34,320 10.2%
36	MATCH GROUP INC NEW COM MTCH	MTCH	4,657,495	$177.2m0.50%	0.50%	Added +1.2m	+1,216,912 35.4%
37	EXXON MOBIL CORP COM XOM	XOM	1,293,308	$176.8m0.50%	0.50%	Added +110.9k	+110,890 9.4%
38	CISCO SYS INC COM CSCO	CSCO	1,464,002	$172.0m0.48%	0.48%	Reduced -199.3k	-199,320 -12.0%
39	ABBVIE INC COM ABBV	ABBV	610,909	$153.7m0.43%	0.43%	Reduced -16.0k	-15,966 -2.5%
40	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	1,191,239	$148.2m0.42%	0.42%	Added +851.5k	+851,532 250.7%
41	HOME DEPOT INC COM HD	HD	419,462	$147.9m0.41%	0.41%	Added +9.7k	+9,722 2.4%
42	APPLIED MATLS INC COM AMAT	AMAT	199,163	$144.0m0.40%	0.40%	Reduced -50.6k	-50,602 -20.3%
43	S&P GLOBAL INC COM SPGI	SPGI	337,704	$137.5m0.39%	0.39%	Reduced -13.5k	-13,492 -3.8%
44	ANALOG DEVICES INC COM ADI	ADI	336,177	$133.5m0.37%	0.37%	Added +225.2k	+225,206 202.9%
45	NEXTERA ENERGY INC COM NEE	NEE	1,496,512	$131.3m0.37%	0.37%	Reduced -85	-85 -0.0%
46	GE VERNOVA INC COM GEV	GEV	111,794	$131.3m0.37%	0.37%	Reduced -10.0k	-9,993 -8.2%
47	MERCK & CO INC COM MRK	MRK	1,009,058	$129.7m0.36%	0.36%	Added +111.9k	+111,934 12.5%
48	LAM RESEARCH CORP COM NEW LRCX	LRCX	288,952	$125.2m0.35%	0.35%	Added +23.6k	+23,555 8.9%
49	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	308,492	$122.7m0.34%	0.34%	Added +56.3k	+56,325 22.3%
50	EMERSON ELEC CO COM EMR	EMR	841,573	$120.5m0.34%	0.34%	Reduced -84.2k	-84,249 -9.1%
51	WALMART INC COM WMT	WMT	988,050	$111.9m0.31%	0.31%	Reduced -207.4k	-207,357 -17.4%
52	CRITEO S A SPONS ADS CRTO	CRTO	5,998,091	$109.6m0.31%	0.31%	Added +1.4m	+1,367,133 29.5%
53	ARISTA NETWORKS INC COM SHS ANET	ANET	624,712	$106.1m0.30%	0.30%	Added +50.9k	+50,890 8.9%
54	CHEVRON CORP NEW COM CVX	CVX	638,363	$105.8m0.30%	0.30%	Added +72.4k	+72,365 12.8%
55	PEPSICO INC COM PEP	PEP	756,217	$102.4m0.29%	0.29%	Reduced -121.9k	-121,897 -13.9%
56	NETFLIX INC COM NFLX	NFLX	1,422,550	$101.6m0.28%	0.28%	Added +31.9k	+31,867 2.3%
57	COCA-COLA EUROPACIFIC PARTNE SHS CCEP	CCEP	1,243,990	$101.1m0.28%	0.28%	Reduced -184.4k	-184,406 -12.9%
58	SALESFORCE INC COM CRM	CRM	644,039	$100.9m0.28%	0.28%	Added +283.9k	+283,927 78.8%
59	COSTCO WHSL CORP NEW COM COST	COST	98,725	$92.4m0.26%	0.26%	Reduced -8.9k	-8,945 -8.3%
60	KLA CORP COM NEW KLAC	KLAC	302,108	$91.1m0.26%	0.26%	Added +13.2k	+13,158 4.5%
61	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	740,723	$86.4m0.24%	0.24%	Added +257.8k	+257,756 53.4%
62	ECOLAB INC COM ECL	ECL	303,944	$84.7m0.24%	0.24%	Added +1.2k	+1,185 0.4%
63	DEXCOM INC COM DXCM	DXCM	1,255,284	$84.5m0.24%	0.24%	Added +81.2k	+81,198 6.9%
64	TEXAS INSTRS INC COM TXN	TXN	275,171	$82.0m0.23%	0.23%	Reduced -21.6k	-21,643 -7.3%
65	GFL ENVIRONMENTAL INC SUB VTG SHS GFL	GFL	2,189,821	$80.6m0.23%	0.23%	New
66	AMPHENOL CORP CL A APH	APH	449,390	$79.2m0.22%	0.22%	Added +18.2k	+18,229 4.2%
67	COLGATE PALMOLIVE CO COM CL	CL	833,410	$76.4m0.21%	0.21%	Reduced -60.4k	-60,412 -6.8%
68	ABBOTT LABS COM ABT	ABT	841,310	$76.3m0.21%	0.21%	Added +257.4k	+257,360 44.1%
69	PROCTER AND GAMBLE CO COM PG	PG	518,078	$76.0m0.21%	0.21%	Reduced -155.2k	-155,210 -23.1%
70	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	267,981	$75.4m0.21%	0.21%	Reduced -50.3k	-50,283 -15.8%
71	BIOMARIN PHARMACEUTICAL INC COM BMRN	BMRN	1,268,194	$72.6m0.20%	0.20%	Added +46.8k	+46,807 3.8%
72	APPLOVIN CORP COM CL A APP	APP	138,312	$71.3m0.20%	0.20%	Reduced -11.4k	-11,354 -7.6%
73	MARVELL TECHNOLOGY INC COM MRVL	MRVL	233,435	$69.5m0.19%	0.19%	Reduced -1.8m	-1,775,119 -88.4%
74	VERTIV HOLDINGS CO COM CL A VRT	VRT	205,404	$68.8m0.19%	0.19%	Reduced -33.2k	-33,188 -13.9%
75	BAIDU INC SPON ADR REP A BIDU	BIDU	594,363	$68.0m0.19%	0.19%	Added +53.6k	+53,586 9.9%
76	MERCADOLIBRE INC COM MELI	MELI	39,769	$67.5m0.19%	0.19%	Added +401	+401 1.0%
77	BAKER HUGHES COMPANY CL A BKR	BKR	1,196,052	$66.4m0.19%	0.19%	Added +37.9k	+37,853 3.3%
78	ADOBE INC COM ADBE	ADBE	316,133	$64.8m0.18%	0.18%	Added +222.4k	+222,351 237.1%
79	CDW CORP COM CDW	CDW	440,838	$62.0m0.17%	0.17%	Added +412.9k	+412,920 1479.0%
80	PALO ALTO NETWORKS INC COM PANW	PANW	181,136	$61.8m0.17%	0.17%	Added +4.0k	+4,048 2.3%
81	CORNING INC COM GLW	GLW	236,666	$60.5m0.17%	0.17%	Reduced -5.0k	-4,992 -2.1%
82	SPACE EXPLORATION TECHN CORP CLASS A COM STK SPCX	SPCX	350,288	$59.9m0.17%	0.17%	New
83	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	117,013	$58.7m0.16%	0.16%	Added +3.1k	+3,148 2.8%
84	LINDE PLC SHS LIN	LIN	112,758	$58.5m0.16%	0.16%	Reduced -1.9k	-1,898 -1.7%
85	STATE STR CORP COM STT	STT	340,348	$57.7m0.16%	0.16%	Reduced -14.2k	-14,199 -4.0%
86	DEERE & CO COM DE	DE	90,740	$57.6m0.16%	0.16%	Reduced -30.6k	-30,590 -25.2%
87	WELLS FARGO CO NEW COM WFC	WFC	694,227	$57.4m0.16%	0.16%	Added +13.3k	+13,258 1.9%
88	BURLINGTON STORES INC COM BURL	BURL	179,776	$57.0m0.16%	0.16%	Added +43.4k	+43,391 31.8%
89	PFIZER INC COM PFE	PFE	2,338,682	$56.3m0.16%	0.16%	Added +373.5k	+373,500 19.0%
90	MORGAN STANLEY COM NEW MS	MS	267,505	$55.9m0.16%	0.16%	Reduced -45.5k	-45,530 -14.5%
91	EATON CORP PLC SHS ETN	ETN	130,654	$55.7m0.16%	0.16%	Added +3.2k	+3,235 2.5%
92	EQT CORP COM EQT	EQT	1,029,886	$54.8m0.15%	0.15%	Added +29.4k	+29,441 2.9%
93	QUALCOMM INC COM QCOM	QCOM	294,680	$54.5m0.15%	0.15%	Reduced -975.5k	-975,514 -76.8%
94	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	108,106	$53.7m0.15%	0.15%	Added +795	+795 0.7%
95	OTIS WORLDWIDE CORP COM OTIS	OTIS	746,976	$53.5m0.15%	0.15%	Reduced -5.7k	-5,743 -0.8%
96	CVS HEALTH CORP COM CVS	CVS	513,721	$53.1m0.15%	0.15%	Added +7.1k	+7,138 1.4%
97	ON SEMICONDUCTOR CORP COM ON	ON	552,505	$52.2m0.15%	0.15%	Reduced -119.8k	-119,779 -17.8%
98	CONSTELLATION ENERGY CORP COM CEG	CEG	208,250	$51.7m0.14%	0.14%	Added +48.5k	+48,468 30.3%
99	HOWMET AEROSPACE INC COM HWM	HWM	191,908	$51.6m0.14%	0.14%	Added +24.0k	+23,981 14.3%
100	PARKER-HANNIFIN CORP COM PH	PH	52,285	$51.1m0.14%	0.14%	Reduced -12.7k	-12,671 -19.5%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
VISTA ENERGY S.A.B. DE C.V. VIST	VIST	191,106	$14.4m191.1k shares
COTERRA ENERGY INC CTRA	CTRA	173,733	$6.1m173.7k shares
CARNIVAL CORP		230,341	$6.0m230.3k shares
DUPONT DE NEMOURS INC DWDP	DWDP	32,430	$4.5m32.4k shares
AMCOR PLC AMCR	AMCR	106,080	$4.2m106.1k shares
HOLOGIC INC HOLX	HOLX	45,279	$3.4m45.3k shares
CEVA INC CEVA	CEVA	152,741	$2.9m152.7k shares
BITMINE IMMERSION TECNOLOGIE BMNR	BMNR	83,783	$1.7m83.8k shares
HIMAX TECHNOLOGIES INC HIMX	HIMX	165,668	$1.3m165.7k shares
PROCEPT BIOROBOTICS CORP PRCT	PRCT	47,151	$1.2m47.2k shares
VNET GROUP INC VNET	VNET	128,063	$1.1m128.1k shares
ZENATECH INC ZENA	ZENA	434,487	$1.0m434.5k shares
HERCULES CAPITAL INC HTGC	HTGC	59,801	$883.3k59.8k shares
LIFE360 INC LIF	LIF	20,511	$837.3k20.5k shares
ASCENDIS PHARMA A/S		3,514	$803.8k3.5k shares
CNB FINL CORP PA CCNE	CCNE	27,544	$797.7k27.5k shares
VUZIX CORP VUZI	VUZI	319,451	$737.9k319.5k shares
APOGEE THERAPEUTICS INC		7,991	$672.6k8.0k shares
KODIAK AI INC. KDK	KDK	92,627	$642.8k92.6k shares
MONDAY COM LTD MNDY	MNDY	8,153	$563.5k8.2k shares
NUVALENT INC		5,199	$532.6k5.2k shares
STRATASYS LTD SSYS	SSYS	63,971	$499.6k64.0k shares
REDWIRE CORPORATION RDW	RDW	58,256	$495.2k58.3k shares
SOLENO THERAPEUTICS INC SLNO	SLNO	13,366	$447.5k13.4k shares
MASIMO CORP MASI	MASI	2,411	$428.8k2.4k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
INMODE LTD INMD · Call	INMD	Call	10,593	$154.9k10.6k shares	New

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
CRITEO S A CRTO · 13G · filed 2026-02-04	CRTO	10.4%		13G	2026-02-04
PELOTON INTERACTIVE INC PTON · 13G · filed 2026-08-11	PTON	6.6%≈ $134.1m	no change	13G	2026-08-11
ATLASSIAN CORPORATION TEAM · 13G · filed 2026-05-14	TEAM	5.6%≈ $628.4m	new	13G	2026-05-14