Storebrand Asset Management As Quarterly 13F Holdings Update

Diversified strategyMomentum followerSector-focused

Total reported value

$34.8B

Reporting period: 2026-03-31 · Number of holdings: 773

STOREBRAND ASSET MANAGEMENT AS disclosed 773 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $34.8B and a quarterly turnover rate of 18.6%.

Browse other institutions with $10B to $100B AUM Browse other institutions starting with "S"

Personality snowflake

Concentration: 6.62
Portfolio Stability: 18.56
Momentum/Contrarian: 100
Sector conviction: 73.99
Diversification: 100
Sizing Uniformity: 65.64

Recent moves

Trim MSFT
-9.4%　-$666.4M
Trim AMZN
-7.1%　-$232.8M
Trim HD
-42.0%　-$136.5M
Trim TSLA
-1.0%　-$126.9M
Trim META
-1.1%　-$111.0M
Add VZ
+12.4%　$52.8M

Holdings Map

New buyAddUnchangedTrim

Institutional Game-State Analysis

Core Intent

Storebrand executes a calculated profit-taking trim on its largest tech holdings (MSFT, AMZN, AAPL, GOOG, META) while adding fractionally to NVDA, signaling a capital rotation from overvalued mega-cap growth toward a more balanced conviction portfolio. The intent is to harvest alpha from the AI cycle's first phase and re-deploy with less crowding risk.

Macro & Fundamentals

Storebrand's flows price in a regime where AI infrastructure spending remains robust for chipmakers, but the hyperscaler customers face margin erosion and slower revenue growth as their capital expenditure peaks. The trims across consumer discretionary (HD, TSLA, AMZN) also imply a bearish view on durable consumption and rate-sensitive demand. The opposing thesis is that a Fed easing cycle will re-rate both tech and discretionary, making these trims premature if growth reaccelerates.

Blind Spots / Risks

Despite 773 holdings and a near-zero HHI, Storebrand's 42% Information Technology allocation is a massive factor bet that mirrors a crowded trade. The low turnover ratio (0.19) locks this sector overexposure in place, creating a structural vulnerability to any break in the tech/growth regime—whether from AI monetization disappointment, antitrust headwinds, or a value rotation supercharged by a steepening yield curve.

Generated by AI based on public SEC filings. Reflects past holdings only and should not be treated as investment advice.

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	NVDA	Nvidia CORP	Stock-Tech	6.97%	+0.02%	+0.15%
2	AAPL	Apple INC	Stock-Tech	5.87%	-0.03%	-0.42%
3	MSFT	Microsoft CORP	Stock-Tech	4.33%	-1.50%	-9.42%
4	AMZN	Amazon.com INC	Stock-Consumer Disc	3.46%	-0.40%	-7.11%
5	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	2.83%	-0.09%	-1.46%
6	GOOG	Alphabet Inc-cl C	Stock-Comm Services	2.56%	-0.12%	-2.31%
7	AVGO	Broadcom INC	Stock-Tech	2.24%	-0.11%	-0.30%
8	META	Meta Platforms Inc-class A	Stock-Comm Services	1.91%	-0.18%	-1.11%
9	TSLA	Tesla INC	Stock-Consumer Disc	1.64%	-0.24%	-1.00%
10	V	Visa Inc-class A Shares	Stock-Financials	1.54%	-0.09%	+2.27%
11	JPM	Jpmorgan Chase & Co	Stock-Financials	1.43%	-0.11%	-4.97%
12	LLY	Eli Lilly & Co	Stock-Healthcare	1.23%	-0.11%	+0.76%
13	MA	Mastercard INC - A	Stock-Financials	1.09%	-0.08%	-0.85%
14	WM	Waste Management INC	Stock-Industrials	0.88%	—	-9.44%
15	ABT	Abbott Laboratories	Stock-Healthcare	0.82%	-0.07%	+4.92%
16	CSCO	Cisco Systems INC	Stock-Tech	0.71%	—	+1.15%
17	PWR	Quanta Services INC	Stock-Industrials	0.71%	+0.14%	-10.00%
18	PG	Procter & Gamble Co/the	Stock-Consumer Staples	0.70%	—	+4.66%
19	KO	Coca-cola Co/the	Stock-Consumer Staples	0.69%	+0.14%	+7.67%
20	ABBV	Abbvie INC	Stock-Healthcare	0.65%	—	-1.01%
21	NFLX	Netflix INC	Stock-Comm Services	0.65%	—	-4.47%
22	BAC	Bank Of America CORP	Stock-Financials	0.65%	—	+1.45%
23	MRK	Merck & Co. INC.	Stock-Healthcare	0.60%	+0.12%	+3.18%
24	GS	Goldman Sachs Group INC	Stock-Financials	0.60%	—	-2.34%
25	MU	Micron Technology INC	Stock-Tech	0.58%	+0.14%	+3.05%
26	LRCX	Lam Research CORP	Stock-Tech	0.55%	+0.14%	+1.76%
27	C	Citigroup INC	Stock-Financials	0.55%	—	-6.05%
28	VZ	Verizon Communications INC	Stock-Comm Services	0.55%	+0.18%	+12.36%
29	LIN	Linde plc	Stock-Materials	0.54%	+0.12%	+4.69%
30	MCO	Moody's CORP	Stock-Financials	0.52%	-0.10%	-9.58%
31	PANW	Palo Alto Networks INC	Stock-Tech	0.51%	—	+15.54%
32	AMAT	Applied Materials INC	Stock-Tech	0.51%	+0.15%	+1.34%
33	AMD	Advanced Micro Devices	Stock-Tech	0.50%	—	-1.97%
34	HD	Home Depot INC	Stock-Consumer Disc	0.49%	-0.33%	-41.98%
35	T	At&t INC	Stock-Comm Services	0.48%	+0.10%	+2.12%
36	MSCI	Msci INC	Stock-Financials	0.47%	-0.05%	-9.15%
37	MRSH	Marsh & Mclennan Cos	Stock-Financials	0.47%	—	-1.34%
38	PEP	Pepsico INC	Stock-Consumer Staples	0.46%	—	+1.07%
39	ICE	Intercontinental Exchange In	Stock-Financials	0.46%	—	+11.97%
40	WELL	Welltower INC	Stock-Real Estate	0.45%	—	+1.02%
41	AWK	American Water Works Co INC	Stock-Utilities	0.43%	—	+1.50%
42	RSG	Republic Services INC	Stock-Industrials	0.43%	—	+3.48%
43	MCD	Mcdonald's CORP	Stock-Consumer Disc	0.41%	—	+2.08%
44	WFC	Wells Fargo & Co	Stock-Financials	0.41%	—	+1.95%
45	CRWD	Crowdstrike Holdings INC - A	Stock-Tech	0.40%	-0.06%	-2.28%
46	KLAC	Kla CORP	Stock-Tech	0.40%	—	-2.71%
47	AMT	American Tower CORP	Stock-Real Estate	0.40%	—	-2.36%
48	MS	Morgan Stanley	Stock-Financials	0.40%	—	+2.10%
49	PFE	Pfizer INC	Stock-Healthcare	0.39%	—	+1.39%
50	ORCL	Oracle CORP	Stock-Tech	0.38%	-0.11%	-4.01%

1–50 of 773

Portfolio Performance

Performance for Q3 2026

+3.8%

Performance Last 4 Quarters

+21.6%

Based on 78% of reported portfolio value with available pricing

Stdev: +13.7%
Beta: +1.02
Alpha: -3%
Max Drawdown: -7.9%
Annualized Perf: +15.9%
Batting Avg vs S&P: +33.3%
Sortino: +2.34
Stutzer: +0.34
Treynor: +0.16
Sterling: +0.93
Calmar: +2.02
Information Ratio: -0.78
Tracking Error: +3.5%
Stdev Down: +6.7%
Winning Months %: +66.7%
Losing Months %: +33.3%
Best 12 Months: +32.7%
Worst 12 Months: +6.7%
Efficiency Ratio: +0.47
Sharpe: +1.15
Stdev Sectors: +11.9%
Skewness: +0.43
Kurtosis: +0.4
Upside Potential: +4.08

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	773	$34.8B	19	1NVDA 2AAPL 3MSFT Top holdings2026-03-31 1.NVDA 2.AAPL 3.MSFT 4.AMZN 5.GOOGL 6.GOOG 7.AVGO 8.META 9.TSLA 10.V
2025-12-31	776	$37.2B	61	1NVDA 2AAPL 3MSFT Top holdings2025-12-31 1.NVDA 2.AAPL 3.MSFT 4.AMZN 5.GOOGL 6.GOOG 7.AVGO 8.META 9.TSLA 10.V
2023-12-31	862	$27.7B	31	1MSFT 2AAPL 3NVDA Top holdings2023-12-31 1.MSFT 2.AAPL 3.NVDA 4.GOOG 5.V 6.GOOGL 7.JPM 8.META 9.MA 10.AVGO
2023-09-30	864	$21.0B	11	1AAPL 2MSFT 3NVDA Top holdings2023-09-30 1.AAPL 2.MSFT 3.NVDA 4.GOOGL 5.META 6.GOOG 7.V 8.UNH 9.LLY 10.JPM
2023-06-30	859	$21.9B	18	1AAPL 2MSFT 3NVDA Top holdings2023-06-30 1.AAPL 2.MSFT 3.NVDA 4.GOOGL 5.META 6.GOOG 7.V 8.UNH 9.JPM 10.LLY
2023-03-31	856	$19.7B	17	1AAPL 2MSFT 3NVDA Top holdings2023-03-31 1.AAPL 2.MSFT 3.NVDA 4.GOOGL 5.V 6.GOOG 7.META 8.UNH 9.JPM 10.PEP
2022-12-31	865	$18.1B	16	1AAPL 2MSFT 3GOOGL Top holdings2022-12-31 1.AAPL 2.MSFT 3.GOOGL 4.UNH 5.V 6.NVDA 7.GOOG 8.JPM 9.MRK 10.PEP
2022-09-30	861	$16.6B	13	1AAPL 2MSFT 3GOOGL Top holdings2022-09-30 1.AAPL 2.MSFT 3.GOOGL 4.UNH 5.GOOG 6.V 7.NVDA 8.AMZN 9.PEP 10.PG
2022-06-30	863	$17.6B	24	1AAPL 2MSFT 3GOOGL Top holdings2022-06-30 1.AAPL 2.MSFT 3.GOOGL 4.GOOG 5.NVDA 6.UNH 7.V 8.PG 9.PFE 10.META
2022-03-31	856	$21.2B	18	1AAPL 2MSFT 3AMZN Top holdings2022-03-31 1.AAPL 2.MSFT 3.AMZN 4.GOOGL 5.NVDA 6.GOOG 7.SFL 4.875 05-01-23 8.V 9.UNH 10.META
2021-12-31	858	$22.5B	18	1AAPL 2MSFT 3AMZN Top holdings2021-12-31 1.AAPL 2.MSFT 3.AMZN 4.NVDA 5.GOOGL 6.GOOG 7.META 8.SFL 4.875 05-01-23 9.JPM 10.V
2021-09-30	843	$20.4B	10	1AAPL 2MSFT 3AMZN Top holdings2021-09-30 1.AAPL 2.MSFT 3.AMZN 4.META 5.GOOGL 6.GOOG 7.NVDA 8.SFL 4.875 05-01-23 9.JPM 10.V
2021-06-30	836	$20.6B	16	1AAPL 2MSFT 3AMZN Top holdings2021-06-30 1.AAPL 2.MSFT 3.AMZN 4.META 5.GOOG 6.GOOGL 7.NVDA 8.SFL 4.875 05-01-23 9.JPM 10.V
2021-03-31	820	$18.8B	17	1AAPL 2MSFT 3AMZN Top holdings2021-03-31 1.AAPL 2.MSFT 3.AMZN 4.META 5.GOOG 6.SFL 4.875 05-01-23 7.GOOGL 8.JPM 9.V 10.NVDA
2020-12-31	828	$16.9B	23	1AAPL 2MSFT 3AMZN Top holdings2020-12-31 1.AAPL 2.MSFT 3.AMZN 4.META 5.GOOG 6.V 7.JPM 8.NVDA 9.GOOGL 10.BABA
2020-09-30	803	$13.9B	18	1AAPL 2MSFT 3AMZN Top holdings2020-09-30 1.AAPL 2.MSFT 3.AMZN 4.META 5.BABA 6.GOOG 7.NVDA 8.PG 9.V 10.GOOGL
2020-06-30	824	$12.1B	29	1AAPL 2MSFT 3AMZN Top holdings2020-06-30 1.AAPL 2.MSFT 3.AMZN 4.META 5.GOOG 6.BABA 7.PG 8.JPM 9.V 10.GOOGL
2020-03-31	806	$9.6B	0	1MSFT 2AAPL 3AMZN Top holdings2020-03-31 1.MSFT 2.AAPL 3.AMZN 4.GOOG 5.META 6.PG 7.BABA 8.JPM 9.V 10.GOOGL

Holding changes this quarter

Storebrand Asset Management As's most significant position changes for 2026-03-31: Trim: Microsoft CORP (MSFT) — shares -9.42%; Trim: Amazon.com INC (AMZN) — shares -7.11%; Trim: Home Depot INC (HD) — shares -41.98%; Trim: Tesla INC (TSLA) — shares -1.00%; Trim: Meta Platforms Inc-class A (META) — shares -1.11%.

Position changes disclosed by Storebrand Asset Management As for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	VZ	Verizon Communications INC	+0.2%	+12.36%	Add
2	AMAT	Applied Materials INC	+0.2%	+1.34%	Add
3	LRCX	Lam Research CORP	+0.1%	+1.76%	Add
4	MU	Micron Technology INC	+0.1%	+3.05%	Add
5	PWR	Quanta Services INC	+0.1%	-10.00%	Trim
6	KO	Coca-cola Co/the	+0.1%	+7.67%	Add
7	GLW	Corning INC	+0.1%	-7.10%	Trim
8	LIN	Linde plc	+0.1%	+4.69%	Add
9	MRK	Merck & Co. INC.	+0.1%	+3.18%	Add
10	DE	Deere & Co	+0.1%	+10.87%	Add
11	FIX	Comfort Systems USA INC	+0.1%	+5.85%	Add
12	TRI4EUR	Thomson Reuters CORP	+0.1%	+144.94%	Add
13	VRT	Vertiv Holdings Co-a	+0.1%	-2.09%	Trim
14	WDC	Western Digital CORP	+0.1%	-9.59%	Trim
15	CTVA	Corteva INC	+0.1%	+11.82%	Add
16	T	At&t INC	+0.1%	+2.12%	Add
17	CIEN	Ciena CORP	+0.1%	+112.51%	Add
18	NVDA	Nvidia CORP	0%	+0.15%	Add
19	AAPL	Apple INC	0%	-0.42%	Trim
20	MSCI	Msci INC	-0.1%	-9.15%	Trim
21	CRWD	Crowdstrike Holdings INC - A	-0.1%	-2.28%	Trim
22	UNH	Unitedhealth Group INC	-0.1%	-3.17%	Trim
23	UBER	Uber Technologies INC	-0.1%	-13.32%	Trim
24	AXP	American Express Co	-0.1%	-3.59%	Trim
25	ABT	Abbott Laboratories	-0.1%	+4.92%	Add
26	MA	Mastercard INC - A	-0.1%	-0.85%	Trim
27	HOOD	Robinhood Markets INC - A	-0.1%	-29.03%	Trim
28	GOOGL	Alphabet Inc-cl A	-0.1%	-1.46%	Trim
29	V	Visa Inc-class A Shares	-0.1%	+2.27%	Add
30	RCL	Royal Caribbean Cruises Ltd.	-0.1%	-28.25%	Trim
31	BKNG	Booking Holdings INC	-0.1%	-14.58%	Trim
32	MCO	Moody's CORP	-0.1%	-9.58%	Trim
33	CRM	Salesforce INC	-0.1%	+2.53%	Add
34	QCOM	Qualcomm INC	-0.1%	-16.33%	Trim
35	APP	Applovin Corp-class A	-0.1%	-0.78%	Trim
36	AVGO	Broadcom INC	-0.1%	-0.30%	Trim
37	JPM	Jpmorgan Chase & Co	-0.1%	-4.97%	Trim
38	LLY	Eli Lilly & Co	-0.1%	+0.76%	Add
39	ORCL	Oracle CORP	-0.1%	-4.01%	Trim
40	INTU	Intuit INC	-0.1%	-4.89%	Trim
41	NOW	Servicenow INC	-0.1%	-16.44%	Trim
42	GOOG	Alphabet Inc-cl C	-0.1%	-2.31%	Trim
43	BSX	Boston Scientific CORP	-0.1%	-15.78%	Trim
44	WCN	Waste Connections INC	-0.2%	-34.31%	Trim
45	ACN	Accenture plc	-0.2%	-27.51%	Trim
46	META	Meta Platforms Inc-class A	-0.2%	-1.11%	Trim
47	TSLA	Tesla INC	-0.2%	-1.00%	Trim
48	HD	Home Depot INC	-0.3%	-41.98%	Trim
49	AMZN	Amazon.com INC	-0.4%	-7.11%	Trim
50	MSFT	Microsoft CORP	-1.5%	-9.42%	Trim

FAQ

What is Storebrand Asset Management As and what type of investor is it?

Storebrand Asset Management As is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $34.8B, spread across 773 disclosed positions.

What are Storebrand Asset Management As's largest equity positions?

Based on the latest 13F filing, Storebrand Asset Management As's top holdings by market value are: 1. Nvidia CORP (NVDA) — $2.4B (7.0%) 2. Apple INC (AAPL) — $2.0B (5.9%) 3. Microsoft CORP (MSFT) — $1.5B (4.3%) 4. Amazon.com INC (AMZN) — $1.2B (3.5%) 5. Alphabet Inc-cl A (GOOGL) — $985.0M (2.8%)

What changes did Storebrand Asset Management As make in its most recent portfolio filing?

In the latest reported quarter, Storebrand Asset Management As made 50 notable position adjustments: 0 new positions were initiated, 18 existing holdings were added to, 32 positions were partially reduced, and 0 were completely exited. The largest of these moves: Trim: Microsoft CORP (MSFT) — shares -9.42%; Trim: Amazon.com INC (AMZN) — shares -7.11%; Trim: Home Depot INC (HD) — shares -41.98%; Trim: Tesla INC (TSLA) — shares -1.00%; Trim: Meta Platforms Inc-class A (META) — shares -1.11%

What sectors does Storebrand Asset Management As focus on?

Storebrand Asset Management As is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 41.8% • Communication Services: 15.2% • Financials: 14.3% • Consumer Discretionary: 11.6% • Health Care: 11.5% • Consumer Staples: 3.5%

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Storebrand Asset Management As Quarterly 13F Holdings Update

Diversified strategyMomentum followerSector-focused

Total reported value

$34.8B

Reporting period: 2026-03-31 · Number of holdings: 773

STOREBRAND ASSET MANAGEMENT AS disclosed 773 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $34.8B and a quarterly turnover rate of 18.6%.

Browse other institutions with $10B to $100B AUM Browse other institutions starting with "S"

Personality snowflake

Concentration: 6.62
Portfolio Stability: 18.56
Momentum/Contrarian: 100
Sector conviction: 73.99
Diversification: 100
Sizing Uniformity: 65.64

Recent moves

Trim MSFT
-9.4%　-$666.4M
Trim AMZN
-7.1%　-$232.8M
Trim HD
-42.0%　-$136.5M
Trim TSLA
-1.0%　-$126.9M
Trim META
-1.1%　-$111.0M
Add VZ
+12.4%　$52.8M

Holdings Map

New buyAddUnchangedTrim

Institutional Game-State Analysis

Core Intent

Macro & Fundamentals

Blind Spots / Risks

Generated by AI based on public SEC filings. Reflects past holdings only and should not be treated as investment advice.

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	NVDA	Nvidia CORP	Stock-Tech	6.97%	+0.02%	+0.15%
2	AAPL	Apple INC	Stock-Tech	5.87%	-0.03%	-0.42%
3	MSFT	Microsoft CORP	Stock-Tech	4.33%	-1.50%	-9.42%
4	AMZN	Amazon.com INC	Stock-Consumer Disc	3.46%	-0.40%	-7.11%
5	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	2.83%	-0.09%	-1.46%
6	GOOG	Alphabet Inc-cl C	Stock-Comm Services	2.56%	-0.12%	-2.31%
7	AVGO	Broadcom INC	Stock-Tech	2.24%	-0.11%	-0.30%
8	META	Meta Platforms Inc-class A	Stock-Comm Services	1.91%	-0.18%	-1.11%
9	TSLA	Tesla INC	Stock-Consumer Disc	1.64%	-0.24%	-1.00%
10	V	Visa Inc-class A Shares	Stock-Financials	1.54%	-0.09%	+2.27%
11	JPM	Jpmorgan Chase & Co	Stock-Financials	1.43%	-0.11%	-4.97%
12	LLY	Eli Lilly & Co	Stock-Healthcare	1.23%	-0.11%	+0.76%
13	MA	Mastercard INC - A	Stock-Financials	1.09%	-0.08%	-0.85%
14	WM	Waste Management INC	Stock-Industrials	0.88%	—	-9.44%
15	ABT	Abbott Laboratories	Stock-Healthcare	0.82%	-0.07%	+4.92%
16	CSCO	Cisco Systems INC	Stock-Tech	0.71%	—	+1.15%
17	PWR	Quanta Services INC	Stock-Industrials	0.71%	+0.14%	-10.00%
18	PG	Procter & Gamble Co/the	Stock-Consumer Staples	0.70%	—	+4.66%
19	KO	Coca-cola Co/the	Stock-Consumer Staples	0.69%	+0.14%	+7.67%
20	ABBV	Abbvie INC	Stock-Healthcare	0.65%	—	-1.01%
21	NFLX	Netflix INC	Stock-Comm Services	0.65%	—	-4.47%
22	BAC	Bank Of America CORP	Stock-Financials	0.65%	—	+1.45%
23	MRK	Merck & Co. INC.	Stock-Healthcare	0.60%	+0.12%	+3.18%
24	GS	Goldman Sachs Group INC	Stock-Financials	0.60%	—	-2.34%
25	MU	Micron Technology INC	Stock-Tech	0.58%	+0.14%	+3.05%
26	LRCX	Lam Research CORP	Stock-Tech	0.55%	+0.14%	+1.76%
27	C	Citigroup INC	Stock-Financials	0.55%	—	-6.05%
28	VZ	Verizon Communications INC	Stock-Comm Services	0.55%	+0.18%	+12.36%
29	LIN	Linde plc	Stock-Materials	0.54%	+0.12%	+4.69%
30	MCO	Moody's CORP	Stock-Financials	0.52%	-0.10%	-9.58%
31	PANW	Palo Alto Networks INC	Stock-Tech	0.51%	—	+15.54%
32	AMAT	Applied Materials INC	Stock-Tech	0.51%	+0.15%	+1.34%
33	AMD	Advanced Micro Devices	Stock-Tech	0.50%	—	-1.97%
34	HD	Home Depot INC	Stock-Consumer Disc	0.49%	-0.33%	-41.98%
35	T	At&t INC	Stock-Comm Services	0.48%	+0.10%	+2.12%
36	MSCI	Msci INC	Stock-Financials	0.47%	-0.05%	-9.15%
37	MRSH	Marsh & Mclennan Cos	Stock-Financials	0.47%	—	-1.34%
38	PEP	Pepsico INC	Stock-Consumer Staples	0.46%	—	+1.07%
39	ICE	Intercontinental Exchange In	Stock-Financials	0.46%	—	+11.97%
40	WELL	Welltower INC	Stock-Real Estate	0.45%	—	+1.02%
41	AWK	American Water Works Co INC	Stock-Utilities	0.43%	—	+1.50%
42	RSG	Republic Services INC	Stock-Industrials	0.43%	—	+3.48%
43	MCD	Mcdonald's CORP	Stock-Consumer Disc	0.41%	—	+2.08%
44	WFC	Wells Fargo & Co	Stock-Financials	0.41%	—	+1.95%
45	CRWD	Crowdstrike Holdings INC - A	Stock-Tech	0.40%	-0.06%	-2.28%
46	KLAC	Kla CORP	Stock-Tech	0.40%	—	-2.71%
47	AMT	American Tower CORP	Stock-Real Estate	0.40%	—	-2.36%
48	MS	Morgan Stanley	Stock-Financials	0.40%	—	+2.10%
49	PFE	Pfizer INC	Stock-Healthcare	0.39%	—	+1.39%
50	ORCL	Oracle CORP	Stock-Tech	0.38%	-0.11%	-4.01%

1–50 of 773

Portfolio Performance

Performance for Q3 2026

+3.8%

Performance Last 4 Quarters

+21.6%

Based on 78% of reported portfolio value with available pricing

Stdev: +13.7%
Beta: +1.02
Alpha: -3%
Max Drawdown: -7.9%
Annualized Perf: +15.9%
Batting Avg vs S&P: +33.3%
Sortino: +2.34
Stutzer: +0.34
Treynor: +0.16
Sterling: +0.93
Calmar: +2.02
Information Ratio: -0.78
Tracking Error: +3.5%
Stdev Down: +6.7%
Winning Months %: +66.7%
Losing Months %: +33.3%
Best 12 Months: +32.7%
Worst 12 Months: +6.7%
Efficiency Ratio: +0.47
Sharpe: +1.15
Stdev Sectors: +11.9%
Skewness: +0.43
Kurtosis: +0.4
Upside Potential: +4.08

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	773	$34.8B	19	1NVDA 2AAPL 3MSFT Top holdings2026-03-31 1.NVDA 2.AAPL 3.MSFT 4.AMZN 5.GOOGL 6.GOOG 7.AVGO 8.META 9.TSLA 10.V
2025-12-31	776	$37.2B	61	1NVDA 2AAPL 3MSFT Top holdings2025-12-31 1.NVDA 2.AAPL 3.MSFT 4.AMZN 5.GOOGL 6.GOOG 7.AVGO 8.META 9.TSLA 10.V
2023-12-31	862	$27.7B	31	1MSFT 2AAPL 3NVDA Top holdings2023-12-31 1.MSFT 2.AAPL 3.NVDA 4.GOOG 5.V 6.GOOGL 7.JPM 8.META 9.MA 10.AVGO
2023-09-30	864	$21.0B	11	1AAPL 2MSFT 3NVDA Top holdings2023-09-30 1.AAPL 2.MSFT 3.NVDA 4.GOOGL 5.META 6.GOOG 7.V 8.UNH 9.LLY 10.JPM
2023-06-30	859	$21.9B	18	1AAPL 2MSFT 3NVDA Top holdings2023-06-30 1.AAPL 2.MSFT 3.NVDA 4.GOOGL 5.META 6.GOOG 7.V 8.UNH 9.JPM 10.LLY
2023-03-31	856	$19.7B	17	1AAPL 2MSFT 3NVDA Top holdings2023-03-31 1.AAPL 2.MSFT 3.NVDA 4.GOOGL 5.V 6.GOOG 7.META 8.UNH 9.JPM 10.PEP
2022-12-31	865	$18.1B	16	1AAPL 2MSFT 3GOOGL Top holdings2022-12-31 1.AAPL 2.MSFT 3.GOOGL 4.UNH 5.V 6.NVDA 7.GOOG 8.JPM 9.MRK 10.PEP
2022-09-30	861	$16.6B	13	1AAPL 2MSFT 3GOOGL Top holdings2022-09-30 1.AAPL 2.MSFT 3.GOOGL 4.UNH 5.GOOG 6.V 7.NVDA 8.AMZN 9.PEP 10.PG
2022-06-30	863	$17.6B	24	1AAPL 2MSFT 3GOOGL Top holdings2022-06-30 1.AAPL 2.MSFT 3.GOOGL 4.GOOG 5.NVDA 6.UNH 7.V 8.PG 9.PFE 10.META
2022-03-31	856	$21.2B	18	1AAPL 2MSFT 3AMZN Top holdings2022-03-31 1.AAPL 2.MSFT 3.AMZN 4.GOOGL 5.NVDA 6.GOOG 7.SFL 4.875 05-01-23 8.V 9.UNH 10.META
2021-12-31	858	$22.5B	18	1AAPL 2MSFT 3AMZN Top holdings2021-12-31 1.AAPL 2.MSFT 3.AMZN 4.NVDA 5.GOOGL 6.GOOG 7.META 8.SFL 4.875 05-01-23 9.JPM 10.V
2021-09-30	843	$20.4B	10	1AAPL 2MSFT 3AMZN Top holdings2021-09-30 1.AAPL 2.MSFT 3.AMZN 4.META 5.GOOGL 6.GOOG 7.NVDA 8.SFL 4.875 05-01-23 9.JPM 10.V
2021-06-30	836	$20.6B	16	1AAPL 2MSFT 3AMZN Top holdings2021-06-30 1.AAPL 2.MSFT 3.AMZN 4.META 5.GOOG 6.GOOGL 7.NVDA 8.SFL 4.875 05-01-23 9.JPM 10.V
2021-03-31	820	$18.8B	17	1AAPL 2MSFT 3AMZN Top holdings2021-03-31 1.AAPL 2.MSFT 3.AMZN 4.META 5.GOOG 6.SFL 4.875 05-01-23 7.GOOGL 8.JPM 9.V 10.NVDA
2020-12-31	828	$16.9B	23	1AAPL 2MSFT 3AMZN Top holdings2020-12-31 1.AAPL 2.MSFT 3.AMZN 4.META 5.GOOG 6.V 7.JPM 8.NVDA 9.GOOGL 10.BABA
2020-09-30	803	$13.9B	18	1AAPL 2MSFT 3AMZN Top holdings2020-09-30 1.AAPL 2.MSFT 3.AMZN 4.META 5.BABA 6.GOOG 7.NVDA 8.PG 9.V 10.GOOGL
2020-06-30	824	$12.1B	29	1AAPL 2MSFT 3AMZN Top holdings2020-06-30 1.AAPL 2.MSFT 3.AMZN 4.META 5.GOOG 6.BABA 7.PG 8.JPM 9.V 10.GOOGL
2020-03-31	806	$9.6B	0	1MSFT 2AAPL 3AMZN Top holdings2020-03-31 1.MSFT 2.AAPL 3.AMZN 4.GOOG 5.META 6.PG 7.BABA 8.JPM 9.V 10.GOOGL

Holding changes this quarter

Position changes disclosed by Storebrand Asset Management As for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	VZ	Verizon Communications INC	+0.2%	+12.36%	Add
2	AMAT	Applied Materials INC	+0.2%	+1.34%	Add
3	LRCX	Lam Research CORP	+0.1%	+1.76%	Add
4	MU	Micron Technology INC	+0.1%	+3.05%	Add
5	PWR	Quanta Services INC	+0.1%	-10.00%	Trim
6	KO	Coca-cola Co/the	+0.1%	+7.67%	Add
7	GLW	Corning INC	+0.1%	-7.10%	Trim
8	LIN	Linde plc	+0.1%	+4.69%	Add
9	MRK	Merck & Co. INC.	+0.1%	+3.18%	Add
10	DE	Deere & Co	+0.1%	+10.87%	Add
11	FIX	Comfort Systems USA INC	+0.1%	+5.85%	Add
12	TRI4EUR	Thomson Reuters CORP	+0.1%	+144.94%	Add
13	VRT	Vertiv Holdings Co-a	+0.1%	-2.09%	Trim
14	WDC	Western Digital CORP	+0.1%	-9.59%	Trim
15	CTVA	Corteva INC	+0.1%	+11.82%	Add
16	T	At&t INC	+0.1%	+2.12%	Add
17	CIEN	Ciena CORP	+0.1%	+112.51%	Add
18	NVDA	Nvidia CORP	0%	+0.15%	Add
19	AAPL	Apple INC	0%	-0.42%	Trim
20	MSCI	Msci INC	-0.1%	-9.15%	Trim
21	CRWD	Crowdstrike Holdings INC - A	-0.1%	-2.28%	Trim
22	UNH	Unitedhealth Group INC	-0.1%	-3.17%	Trim
23	UBER	Uber Technologies INC	-0.1%	-13.32%	Trim
24	AXP	American Express Co	-0.1%	-3.59%	Trim
25	ABT	Abbott Laboratories	-0.1%	+4.92%	Add
26	MA	Mastercard INC - A	-0.1%	-0.85%	Trim
27	HOOD	Robinhood Markets INC - A	-0.1%	-29.03%	Trim
28	GOOGL	Alphabet Inc-cl A	-0.1%	-1.46%	Trim
29	V	Visa Inc-class A Shares	-0.1%	+2.27%	Add
30	RCL	Royal Caribbean Cruises Ltd.	-0.1%	-28.25%	Trim
31	BKNG	Booking Holdings INC	-0.1%	-14.58%	Trim
32	MCO	Moody's CORP	-0.1%	-9.58%	Trim
33	CRM	Salesforce INC	-0.1%	+2.53%	Add
34	QCOM	Qualcomm INC	-0.1%	-16.33%	Trim
35	APP	Applovin Corp-class A	-0.1%	-0.78%	Trim
36	AVGO	Broadcom INC	-0.1%	-0.30%	Trim
37	JPM	Jpmorgan Chase & Co	-0.1%	-4.97%	Trim
38	LLY	Eli Lilly & Co	-0.1%	+0.76%	Add
39	ORCL	Oracle CORP	-0.1%	-4.01%	Trim
40	INTU	Intuit INC	-0.1%	-4.89%	Trim
41	NOW	Servicenow INC	-0.1%	-16.44%	Trim
42	GOOG	Alphabet Inc-cl C	-0.1%	-2.31%	Trim
43	BSX	Boston Scientific CORP	-0.1%	-15.78%	Trim
44	WCN	Waste Connections INC	-0.2%	-34.31%	Trim
45	ACN	Accenture plc	-0.2%	-27.51%	Trim
46	META	Meta Platforms Inc-class A	-0.2%	-1.11%	Trim
47	TSLA	Tesla INC	-0.2%	-1.00%	Trim
48	HD	Home Depot INC	-0.3%	-41.98%	Trim
49	AMZN	Amazon.com INC	-0.4%	-7.11%	Trim
50	MSFT	Microsoft CORP	-1.5%	-9.42%	Trim