DNB Asset Management AS

Diversified strategyMomentum follower

Total reported value

$28.0B

Reporting period: 2026-03-31 · Number of holdings: 1235

DNB Asset Management AS disclosed 1235 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $28.0B and a quarterly turnover rate of 24.1%.

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Personality snowflake

Concentration: 8.93
Portfolio Stability: 24.14
Momentum/Contrarian: 100
Sector conviction: 59.52
Diversification: 100
Sizing Uniformity: 48.43

Recent moves

Trim CRM
-82.7%　-$482.6M
Trim MSFT
+8.7%　-$413.5M
Trim META
-13.1%　-$308.8M
Add AVGO
+48.1%　$186.0M
Add ORCL
+111.9%　$155.4M
Trim MA
-13.1%　-$172.3M

Holdings Map

New buyAddUnchangedTrim

Institutional Game-State Analysis

Core Intent

DNB Asset Management is executing a momentum-driven capital rotation within the technology complex, aggressively trimming CRM while up-weighting AVGO and ORCL to capture relative outperformance. Despite adding to MSFT, the weight decline reveals that other bets are being prioritized, signaling a conviction shuffle rather than a unified thesis.

Macro & Fundamentals

With 37% in Information Technology and a momentum_contrarian score of 100, DNB is pricing in a regime of persistent AI-driven earnings revisions and low discount rates. The opposing thesis is that growth expectations are already capitalized, and a shift toward tightening financial conditions would trigger simultaneous multiple compression across these long-duration assets. Consumer Staples and Utilities at 3.4% and 2.1% are insufficient hedges for a portfolio this exposed to discount-rate sensitivity.

Blind Spots / Risks

The top trims in CRM reflect momentum that has broken, but DNB's 100% momentum tilt means the entire portfolio hypersynchronizes to factor reversals—the crowded trade is not in any single name but in the momentum factor itself. When the factor regime shifts, the 1,235 positions become an illusion of diversification; correlation spikes, and the exit door narrows, exposing a reflexivity trap where selling begets more selling.

The above is AI-generated from public regulatory filings and summarizes historical data only. It is not investment advice.

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	MSFT	Microsoft CORP	Stock-Tech	7.31%	-1.29%	+8.73%
2	NVDA	Nvidia CORP	Stock-Tech	6.36%	-0.22%	+1.14%
3	AMZN	Amazon.com INC	Stock-Consumer Disc	5.53%	+0.21%	+12.87%
4	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	4.98%	-0.42%	-1.68%
5	AAPL	Apple INC	Stock-Tech	4.35%	-0.52%	-6.44%
6	META	Meta Platforms Inc-class A	Stock-Comm Services	3.35%	-1.01%	-13.13%
7	AVGO	Broadcom INC	Stock-Tech	2.71%	+0.71%	+48.06%
8	V	Visa Inc-class A Shares	Stock-Financials	2.15%	-0.19%	+4.48%
9	TEAM	Atlassian Corp-cl A	Stock-Tech	1.97%	-0.29%	+102.44%
10	MA	Mastercard INC - A	Stock-Financials	1.95%	-0.56%	-13.09%
11	ORCL	Oracle CORP	Stock-Tech	1.48%	+0.58%	+111.93%
12	HPQ	Hp INC	Stock-Tech	1.36%	+0.54%	+86.92%
13	LLY	Eli Lilly & Co	Stock-Healthcare	1.12%	-0.09%	+6.04%
14	TSLA	Tesla INC	Stock-Consumer Disc	1.12%	-0.18%	+1.52%
15	GOOG	Alphabet Inc-cl C	Stock-Comm Services	1.10%	—	+8.43%
16	TMUS	T-mobile US INC	Stock-Comm Services	1.05%	+0.30%	+31.06%
17	CHKP	Check Point Software Technologies Ltd.	Stock-Tech	0.91%	-0.27%	-2.17%
18	BAC	Bank Of America CORP	Stock-Financials	0.85%	-0.08%	+0.90%
19	JPM	Jpmorgan Chase & Co	Stock-Financials	0.81%	—	+4.12%
20	C	Citigroup INC	Stock-Financials	0.73%	—	+0.86%
21	NOW	Servicenow INC	Stock-Tech	0.72%	+0.36%	+188.69%
22	XOM	Exxon Mobil CORP	Stock-Energy	0.72%	+0.27%	+9.97%
23	GS	Goldman Sachs Group INC	Stock-Financials	0.71%	—	-6.64%
24	MRVL	Marvell Technology INC	Stock-Tech	0.71%	+0.42%	+102.20%
25	JNJ	Johnson & Johnson	Stock-Healthcare	0.63%	+0.16%	+11.02%
26	CB	Chubb Limited	Stock-Financials	0.62%	—	+3.13%
27	GE	General Electric	Stock-Industrials	0.60%	+0.21%	+64.72%
28	QCOM	Qualcomm INC	Stock-Tech	0.58%	—	+25.23%
29	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	0.57%	—	+9.63%
30	BKNG	Booking Holdings INC	Stock-Consumer Disc	0.54%	-0.27%	-16.23%
31	SPGI	S&p Global INC	Stock-Financials	0.53%	—	+12.04%
32	WMT	Walmart INC	Stock-Consumer Staples	0.53%	-0.12%	-29.03%
33	UNH	Unitedhealth Group INC	Stock-Healthcare	0.52%	—	+22.55%
34	NEE	Nextera Energy INC	Stock-Utilities	0.50%	—	+4.01%
35	PEP	Pepsico INC	Stock-Consumer Staples	0.49%	—	+11.66%
36	ABBV	Abbvie INC	Stock-Healthcare	0.49%	—	+9.00%
37	HD	Home Depot INC	Stock-Consumer Disc	0.48%	+0.23%	+99.49%
38	NFLX	Netflix INC	Stock-Comm Services	0.48%	—	+3.29%
39	AMD	Advanced Micro Devices	Stock-Tech	0.47%	-0.18%	-25.81%
40	CSCO	Cisco Systems INC	Stock-Tech	0.46%	—	+8.40%
41	WM	Waste Management INC	Stock-Industrials	0.44%	—	+2.76%
42	EMR	Emerson Electric Co	Stock-Industrials	0.43%	—	+5.94%
43	MU	Micron Technology INC	Stock-Tech	0.42%	+0.14%	+27.43%
44	CVX	Chevron CORP	Stock-Energy	0.42%	+0.15%	+10.36%
45	ISRG	Intuitive Surgical INC	Stock-Healthcare	0.41%	—	+3.03%
46	KO	The Coca-Cola Company	Stock-Consumer Staples	0.39%	+0.12%	+29.43%
47	MRK	Merck & Co. INC.	Stock-Healthcare	0.38%	—	-5.60%
48	COST	Costco Wholesale CORP	Stock-Consumer Staples	0.38%	+0.12%	+22.32%
49	GEV	GE Vernova INC	Stock-Industrials	0.38%	+0.14%	+17.15%
50	MTCH	Match Group INC	Stock-Comm Services	0.38%	—	+0.28%

1–50 of 1,235

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	1235	$28.0B	24	1MSFT 2NVDA 3AMZN Top holdings2026-03-31 1.MSFT 2.NVDA 3.AMZN 4.GOOGL 5.AAPL 6.META 7.AVGO 8.V 9.TEAM 10.MA
2025-12-31	731	$28.7B	21	1MSFT 2NVDA 3GOOGL Top holdings2025-12-31 1.MSFT 2.NVDA 3.GOOGL 4.AMZN 5.AAPL 6.META 7.MA 8.V 9.TEAM 10.AVGO
2025-09-30	731	$26.7B	40	1MSFT 2NVDA 3GOOGL Top holdings2025-09-30 1.MSFT 2.NVDA 3.GOOGL 4.AAPL 5.AMZN 6.META 7.MA 8.AVGO 9.TEAM 10.CRM
2025-06-30	716	$24.1B	0	1MSFT 2NVDA 3GOOGL Top holdings2025-06-30 1.MSFT 2.NVDA 3.GOOGL 4.AMZN 5.META 6.AAPL 7.MA 8.ORCL 9.V 10.AVGO
2025-03-31	738	$21.7B	100	1MSFT 2NVDA 3AMZN Top holdings2025-03-31 1.MSFT 2.NVDA 3.AMZN 4.GOOGL 5.AAPL 6.META 7.V 8.MA 9.ORCL 10.AVGO
2024-12-31	732	$23.1B	0	1MSFT 2GOOGL 3AMZN Top holdings2024-12-31 1.MSFT 2.GOOGL 3.AMZN 4.NVDA 5.AAPL 6.META 7.V 8.MA 9.WDC 10.CHKP
2024-09-30	715	$22.1B	0	1MSFT 2GOOGL 3NVDA Top holdings2024-09-30 1.MSFT 2.GOOGL 3.NVDA 4.AMZN 5.META 6.AAPL 7.WDC 8.V 9.MA 10.CHKP
2024-06-30	708	$21.0B	0	1MSFT 2GOOGL 3NVDA Top holdings2024-06-30 1.MSFT 2.GOOGL 3.NVDA 4.AMZN 5.AAPL 6.META 7.WDC 8.V 9.MA 10.CHKP
2024-03-31	705	$19.2B	0	1MSFT 2META 3GOOGL Top holdings2024-03-31 1.MSFT 2.META 3.GOOGL 4.NVDA 5.AAPL 6.AMZN 7.WDC 8.V 9.MA 10.CHKP
2023-12-31	645	$19.3B	0	1MSFT 2META 3GOOGL Top holdings2023-12-31 1.MSFT 2.META 3.GOOGL 4.AAPL 5.NVDA 6.V 7.AMZN 8.MA 9.CHKP 10.EA
2023-09-30	656	$16.7B	0	1MSFT 2META 3AAPL Top holdings2023-09-30 1.MSFT 2.META 3.AAPL 4.GOOGL 5.NVDA 6.V 7.AMZN 8.MA 9.TTWO 10.WDC
2023-06-30	663	$17.4B	0	1MSFT 2META 3AAPL Top holdings2023-06-30 1.MSFT 2.META 3.AAPL 4.NVDA 5.GOOGL 6.V 7.AMZN 8.CRM 9.TTWO 10.JNJ
2023-03-31	646	$15.8B	0	1MSFT 2GOOGL 3AAPL Top holdings2023-03-31 1.MSFT 2.GOOGL 3.AAPL 4.META 5.V 6.CRM 7.AMZN 8.TTWO 9.MA 10.JNJ
2022-12-31	636	$14.2B	0	1MSFT 2GOOGL 3AAPL Top holdings2022-12-31 1.MSFT 2.GOOGL 3.AAPL 4.META 5.V 6.AMZN 7.JNJ 8.MA 9.CRM 10.TTWO
2022-09-30	646	$13.0B	0	1MSFT 2AAPL 3GOOGL Top holdings2022-09-30 1.MSFT 2.AAPL 3.GOOGL 4.V 5.AMZN 6.META 7.JNJ 8.MA 9.CHKP 10.CRM
2022-06-30	652	$14.2B	0	1MSFT 2GOOGL 3AAPL Top holdings2022-06-30 1.MSFT 2.GOOGL 3.AAPL 4.META 5.V 6.AMZN 7.JNJ 8.MA 9.CRM 10.CHKP
2022-03-31	642	$16.8B	0	1MSFT 2AAPL 3GOOGL Top holdings2022-03-31 1.MSFT 2.AAPL 3.GOOGL 4.META 5.AMZN 6.V 7.WDC 8.JNJ 9.MA 10.CHKP
2021-12-31	667	$17.0B	0	1MSFT 2AAPL 3GOOGL Top holdings2021-12-31 1.MSFT 2.AAPL 3.GOOGL 4.V 5.WDC 6.MA 7.ARW 8.META 9.CHKP 10.AMZN
2021-09-30	641	$15.4B	0	1MSFT 2GOOGL 3META Top holdings2021-09-30 1.MSFT 2.GOOGL 3.META 4.AAPL 5.V 6.MA 7.CHKP 8.ARW 9.AMZN 10.WDC
2021-06-30	630	$15.1B	95	1MSFT 2META 3GOOGL Top holdings2021-06-30 1.MSFT 2.META 3.GOOGL 4.AAPL 5.V 6.MA 7.AMZN 8.ARW 9.TMUS 10.JNJ
2021-03-31	633	$13.7B	32	1MSFT 2META 3GOOGL Top holdings2021-03-31 1.MSFT 2.META 3.GOOGL 4.V 5.AAPL 6.ARW 7.WDC 8.AMZN 9.JNJ 10.TMUS
2020-12-31	624	$11.4B	32	1MSFT 2META 3AAPL Top holdings2020-12-31 1.MSFT 2.META 3.AAPL 4.GOOGL 5.ORCL 6.WDC 7.AMZN 8.JNJ 9.ARW 10.TMUS
2020-09-30	607	$9.4B	26	1MSFT 2ORCL 3META Top holdings2020-09-30 1.MSFT 2.ORCL 3.META 4.GOOGL 5.AAPL 6.AMZN 7.JNJ 8.TMUS 9.ARW 10.WDC
2020-06-30	600	$8.5B	30	1MSFT 2META 3GOOGL Top holdings2020-06-30 1.MSFT 2.META 3.GOOGL 4.ORCL 5.AAPL 6.AMZN 7.TMUS 8.JNJ 9.ARW 10.PFE
2020-03-31	607	$6.8B	55	1MSFT 2META 3GOOGL Top holdings2020-03-31 1.MSFT 2.META 3.GOOGL 4.ORCL 5.JNJ 6.TMUS 7.AMZN 8.VZ 9.PFE 10.AAPL
2019-12-31	635	$10.2B	31	1META 2MSFT 3GOOGL Top holdings2019-12-31 1.META 2.MSFT 3.GOOGL 4.ORCL 5.TMUS 6.JNJ 7.BAC 8.AAPL 9.VSH 10.EXPE
2019-09-30	626	$8.9B	28	1GOOGL 2MSFT 3META Top holdings2019-09-30 1.GOOGL 2.MSFT 3.META 4.JNJ 5.TMUS 6.ORCL 7.AAPL 8.HPQ 9.VSH 10.EXPE
2019-06-30	624	$8.7B	24	1MSFT 2GOOGL 3TMUS Top holdings2019-06-30 1.MSFT 2.GOOGL 3.TMUS 4.META 5.AAPL 6.JNJ 7.ORCL 8.CHTR 9.CTSH 10.BAC
2019-03-31	624	$8.8B	31	1GOOGL 2MSFT 3ORCL Top holdings2019-03-31 1.GOOGL 2.MSFT 3.ORCL 4.AAPL 5.TMUS 6.META 7.JNJ 8.CTSH 9.CHTR 10.V
2018-12-31	630	$7.7B	37	1GOOGL 2ORCL 3AAPL Top holdings2018-12-31 1.GOOGL 2.ORCL 3.AAPL 4.TMUS 5.MSFT 6.JNJ 7.META 8.BAC 9.BIDU 10.CTSH
2018-09-30	631	$8.9B	23	1GOOGL 2ORCL 3MSFT Top holdings2018-09-30 1.GOOGL 2.ORCL 3.MSFT 4.AAPL 5.TMUS 6.META 7.VZ 8.JNJ 9.BAC 10.CTSH
2018-06-30	631	$8.5B	26	1GOOGL 2META 3ORCL Top holdings2018-06-30 1.GOOGL 2.META 3.ORCL 4.MSFT 5.AAPL 6.TMUS 7.VZ 8.BAC 9.CTSH 10.APC3EUR
2018-03-31	620	$8.3B	26	1GOOGL 2ORCL 3MSFT Top holdings2018-03-31 1.GOOGL 2.ORCL 3.MSFT 4.AAPL 5.META 6.TMUS 7.BAC 8.CTSH 9.CMCSA 10.VZ
2017-12-31	614	$8.3B	27	1GOOGL 2MSFT 3AAPL Top holdings2017-12-31 1.GOOGL 2.MSFT 3.AAPL 4.META 5.ORCL 6.CTSH 7.BAC 8.TMUS 9.001101 10.INTC
2017-09-30	597	$7.5B	22	1MSFT 2INTC 3GOOGL Top holdings2017-09-30 1.MSFT 2.INTC 3.GOOGL 4.ORCL 5.001101 6.META 7.CTSH 8.C 9.JNJ 10.AAPL
2017-06-30	580	$6.9B	23	1MSFT 2GOOGL 3INTC Top holdings2017-06-30 1.MSFT 2.GOOGL 3.INTC 4.META 5.AAPL 6.CTSH 7.JNJ 8.001101 9.C 10.BAC
2017-03-31	589	$6.4B	31	1GOOGL 2MSFT 3AAPL Top holdings2017-03-31 1.GOOGL 2.MSFT 3.AAPL 4.META 5.INTC 6.JNJ 7.CTSH 8.BAC 9.001101 10.APC3EUR
2016-12-31	550	$5.4B	28	1GOOGL 2AAPL 3MSFT Top holdings2016-12-31 1.GOOGL 2.AAPL 3.MSFT 4.JNJ 5.ORCL 6.APC3EUR 7.CMCSA 8.BAC 9.META 10.C
2016-09-30	532	$5.1B	33	1GOOGL 2AAPL 3MSFT Top holdings2016-09-30 1.GOOGL 2.AAPL 3.MSFT 4.JNJ 5.WDC 6.APC3EUR 7.PFE 8.CMCSA 9.C 10.META
2016-06-30	528	$4.7B	29	1GOOGL 2CSCO 3JNJ Top holdings2016-06-30 1.GOOGL 2.CSCO 3.JNJ 4.AAPL 5.C 6.WDC 7.741503 8.APC3EUR 9.PFE 10.BAC
2016-03-31	523	$4.8B	44	1GOOGL 2AAPL3741503 Top holdings2016-03-31 1.GOOGL 2.AAPL 3.741503 4.CSCO 5.C 6.JNJ 7.984332 8.CTRPUSD 9.BAC 10.582839
2015-12-31	461	$4.7B	39	1ORCL 2GOOGL 3C Top holdings2015-12-31 1.ORCL 2.GOOGL 3.C 4.CSCO 5.AAPL 6.MRVL 7.BAC 8.741503 9.JNJ 10.CSIQ
2015-09-30	457	$4.0B	41	1ORCL 2C 3AAPL Top holdings2015-09-30 1.ORCL 2.C 3.AAPL 4.GOOGL 5.741503 6.BAC 7.CSCO 8.JNJ 9.AEP 10.CSIQ
2015-06-30	460	$4.5B	29	1ORCL238259P3C Top holdings2015-06-30 1.ORCL 2.38259P 3.C 4.AAPL 5.CSCO 6.JNJ 7.BAC 8.CI 9.AEP 10.XOM
2015-03-31	467	$4.5B	36	1ORCL 2AAPL338259P Top holdings2015-03-31 1.ORCL 2.AAPL 3.38259P 4.CSCO 5.C 6.JNJ 7.CI 8.001101 9.XOM 10.QCOM
2014-12-31	463	$4.4B	29	1AAPL238259P3ORCL Top holdings2014-12-31 1.AAPL 2.38259P 3.ORCL 4.C 5.CSCO 6.PFE 7.XOM 8.JNJ 9.KO 10.CI
2014-09-30	449	$4.5B	30	1AAPL238259P3C Top holdings2014-09-30 1.AAPL 2.38259P 3.C 4.ORCL 5.JNJ 6.XOM 7.KO 8.CTXSEUR 9.PFE 10.CSCO
2014-06-30	439	$4.7B	48	1AAPL 2C 3JNJ Top holdings2014-06-30 1.AAPL 2.C 3.JNJ 4.XOM 5.EBAY 6.38259P 7.CTXSEUR 8.CSCO 9.KO 10.ORCL
2013-12-31	391	$4.3B	41	138259P2AAPL 3EBAY Top holdings2013-12-31 1.38259P 2.AAPL 3.EBAY 4.C 5.XOM 6.CSCO 7.JNJ 8.KO 9.AEP 10.NTGR
2013-09-30	393	$3.7B	37	138259P2AAPL 3EBAY Top holdings2013-09-30 1.38259P 2.AAPL 3.EBAY 4.XOM 5.JNJ 6.C 7.KO 8.PNC 9.AEP 10.APC3EUR
2013-06-30	379	$3.4B	0	138259P2XOM 3JNJ Top holdings2013-06-30 1.38259P 2.XOM 3.JNJ 4.AAPL 5.C 6.MET 7.PNC 8.JPM 9.AXP 10.73172K

Holding changes this quarter

DNB Asset Management AS's most significant position changes for 2026-03-31: New buy: Mosaic Co/the (MOS); Sold out: Embraer Sa-spon Adr (EMBJ); Trim: Salesforce INC (CRM) — shares -82.65%; Add: Microsoft CORP (MSFT) — shares +8.73%; Trim: Meta Platforms Inc-class A (META) — shares -13.13%.

Position changes disclosed by DNB 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	AVGO	Broadcom INC	+0.7%	+48.06%	Add
2	ORCL	Oracle CORP	+0.6%	+111.93%	Add
3	HPQ	Hp INC	+0.5%	+86.92%	Add
4	MRVL	Marvell Technology INC	+0.4%	+102.20%	Add
5	NOW	Servicenow INC	+0.4%	+188.69%	Add
6	TMUS	T-mobile US INC	+0.3%	+31.06%	Add
7	XOM	Exxon Mobil CORP	+0.3%	+9.97%	Add
8	PLTR	Palantir Technologies Inc-a	+0.3%	+39006.64%	Add
9	HD	Home Depot INC	+0.2%	+99.49%	Add
10	BKR	Baker Hughes Co	+0.2%	+472.42%	Add
11	GE	General Electric	+0.2%	+64.72%	Add
12	EQT	Eqt CORP	+0.2%	+688.63%	Add
13	AMZN	Amazon.com INC	+0.2%	+12.87%	Add
14	PBR	Petroleo Brasileiro-spon Adr	+0.2%	+95.15%	Add
15	OTIS	Otis Worldwide CORP	+0.2%	+431.72%	Add
16	JNJ	Johnson & Johnson	+0.2%	+11.02%	Add
17	BURL	Burlington Stores INC	+0.2%	+1017.63%	Add
18	CVX	Chevron CORP	+0.2%	+10.36%	Add
19	MU	Micron Technology INC	+0.1%	+27.43%	Add
20	VRT	Vertiv Holdings Co-a	+0.1%	+96.77%	Add
21	GEV	GE Vernova INC	+0.1%	+17.15%	Add
22	ACN	Accenture plc	+0.1%	+157.81%	Add
23	KO	The Coca-Cola Company	+0.1%	+29.43%	Add
24	COST	Costco Wholesale CORP	+0.1%	+22.32%	Add
25	PTON	Peloton Interactive Inc-a	+0.1%	+110.50%	Add
26	INTC	Intel CORP	+0.1%	+19.31%	Add
27	APP	Applovin Corp-class A	+0.1%	+196.49%	Add
28	BAC	Bank Of America CORP	-0.1%	+0.90%	Add
29	LLY	Eli Lilly & Co	-0.1%	+6.04%	Add
30	OKTA	Okta INC	-0.1%	-89.88%	Trim
31	CRUS	Cirrus Logic INC	-0.1%	-58.72%	Trim
32	WMT	Walmart INC	-0.1%	-29.03%	Trim
33	TSLA	Tesla INC	-0.2%	+1.52%	Add
34	AMD	Advanced Micro Devices	-0.2%	-25.81%	Trim
35	V	Visa Inc-class A Shares	-0.2%	+4.48%	Add
36	CCK	Crown Holdings INC	-0.2%	-98.93%	Trim
37	NVDA	Nvidia CORP	-0.2%	+1.14%	Add
38	CHKP	Check Point Software Technologies Ltd.	-0.3%	-2.17%	Trim
39	BKNG	Booking Holdings INC	-0.3%	-16.23%	Trim
40	TEAM	Atlassian Corp-cl A	-0.3%	+102.44%	Add
41	GOOGL	Alphabet Inc-cl A	-0.4%	-1.68%	Trim
42	LRCX	Lam Research CORP	-0.4%	-74.33%	Trim
43	TSM	Taiwan Semiconductor-sp Adr	-0.5%	-65.94%	Trim
44	AAPL	Apple INC	-0.5%	-6.44%	Trim
45	MA	Mastercard INC - A	-0.6%	-13.09%	Trim
46	META	Meta Platforms Inc-class A	-1%	-13.13%	Trim
47	MSFT	Microsoft CORP	-1.3%	+8.73%	Add
48	CRM	Salesforce INC	-1.7%	-82.65%	Trim
49	MOS	Mosaic Co/the	—	NEW	New buy
50	EMBJ	Embraer Sa-spon Adr	—	EXIT	Sold out

FAQ

What is DNB Asset Management AS and what type of investor is it?

DNB 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 $28.0B, spread across 1235 disclosed positions.

What are DNB Asset Management AS's largest equity positions?

Based on the latest 13F filing, DNB Asset Management AS's top holdings by market value are: 1. Microsoft CORP (MSFT) — $2.1B (7.3%) 2. Nvidia CORP (NVDA) — $1.8B (6.4%) 3. Amazon.com INC (AMZN) — $1.6B (5.5%) 4. Alphabet Inc-cl A (GOOGL) — $1.4B (5.0%) 5. Apple INC (AAPL) — $1.2B (4.3%)

What changes did DNB Asset Management AS make in its most recent portfolio filing?

In the latest reported quarter, DNB Asset Management AS made 50 notable position adjustments: 1 new positions were initiated, 34 existing holdings were added to, 14 positions were partially reduced, and 1 were completely exited. The largest of these moves: New buy: Mosaic Co/the (MOS); Sold out: Embraer Sa-spon Adr (EMBJ); Trim: Salesforce INC (CRM) — shares -82.65%; Add: Microsoft CORP (MSFT) — shares +8.73%; Trim: Meta Platforms Inc-class A (META) — shares -13.13%

What sectors does DNB Asset Management AS focus on?

DNB Asset Management AS is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 37.3% • Communication Services: 13.0% • Financials: 12.9% • Consumer Discretionary: 10.9% • Health Care: 7.7% • Industrials: 6.8%