§ 13F · FUND PROFILE
DNB Asset Management AS.
Institutional filer · behavioral pattern: Other. Summary pending.
AUM · $26.7B (13F)Positions · 731Turnover · 99% · Q1Filed · May 14, 2026
CONCENTRATION
41%
Top 10 holdings
NEW BUYS
+527
+$287M deployed
EXITS
0
No exits
SECTOR SHIFT
TECHNOLOGY → OTHER
-3pp · +4pp
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q1 2026
FILED MAY 14, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q1 |
|---|---|---|---|---|---|---|
| 1 | MSFT | Microsoft Corp | 5.54M | $2.1B | 7.3% | +9% |
| 2 | NVDA | Nvidia Corp | 10.23M | $1.8B | 6.4% | +1% |
| 3 | AMZN | Amazon.com Inc | 7.45M | $1.6B | 5.5% | +13% |
| 4 | GOOGL | Alphabet Inc | 4.86M | $1.4B | 5.0% | −2% |
| 5 | AAPL | Apple Inc | 4.81M | $1.2B | 4.3% | −6% |
| 6 | META | Meta Platforms Inc | 1.64M | $941M | 3.4% | −13% |
| 7 | AVGO | Broadcom Inc | 2.46M | $760M | 2.7% | +48% |
| 8 | V | Visa Inc | 2.00M | $603M | 2.2% | +4% |
| 9 | TEAM | Atlassian Corp | 8.08M | $551M | 2.0% | +102% |
| 10 | MA | Mastercard Inc | 1.10M | $548M | 2.0% | −13% |
§ 02 · SECTOR ALLOCATION
Where the money is
Other37.3% (+4pp)
Technology20.8% (−2pp)
Semiconductors13.8% (±0)
Media11.6% (−1pp)
Retail8.3% (+1pp)
Financial Services7.5% (−1pp)
§ 03 · THE DNB SIGNAL
AC read
DNB Asset Management AS is a Other fund managing $26.7 billion in assets. The fund runs a broad portfolio of 731 positions, broad diversification across holdings, with the top 10 accounting for 41%. Trading activity is aggressive at 99% quarterly turnover, with 527 new positions and 0 exits last quarter. Top sector allocations: Other (37%), Technology (21%), Semiconductors (14%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
2 FILINGS
Q1 2026
Busy quarter
+527 buys · −0 exits · 691 changed
Q4 2025
Busy quarter
+51 buys · −0 exits · 626 changed
Q3 2025
Busy quarter
+49 buys · −0 exits · 658 changed
Q2 2025
Busy quarter
+716 buys · −0 exits · 0 changed