DnB Asset Management AS

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, DnB Asset Management AS maintained a portfolio of 782 distinct positions. They heavily accumulated shares in Microsoft Corp, increasing their position by 6.7%. The fund also reduced its exposure to Lam Research Corp by 60.2%.
PCA Score Concentration Risk
Risk ENB
Total Positions
782
Quarter
2025 Q4
Top Holding
MSFT (8.6%)
Top 10 Concentration
44.2%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 782
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
MSFT
Microsoft Corp
Technology 8.60% 9.25% #1
Prev: #1
7.4 320,394 6.7%
P
S
5,096,428 $2,464,734,509 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NVDA
Nvidia Corp
Technology 6.58% 6.71% #2
Prev: #2
6.1 499,413 5.2%
P
S
10,116,692 $1,886,763,058 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GOOGL
Alphabet Inc
Communication Services 5.40% 5.63% #3
Prev: #3
3.2 -1,247,597 -20.2%
P
S
4,941,049 $1,546,548,337 2015 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
AMZN
Amazon.com Inc
Consumer Cyclical 5.32% 4.96% #4 1
Prev: #5
4.6 555,612 9.2%
P
S
6,600,867 $1,523,612,121 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AAPL
Apple Inc
Technology 4.87% 5.29% #5 1
Prev: #4
2.9 -423,875 -7.6%
P
S
5,137,260 $1,396,615,504 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
META
Meta Platforms ...
Communication Services 4.36% 3.28% #6
Prev: #6
4.7 698,838 58.5%
P
S
1,893,140 $1,249,642,783 2012 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MA
Mastercard Inc
Financial Services 2.51% 1.90% #7
Prev: #7
3.5 369,149 41.4%
P
S
1,261,054 $719,910,508 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
V
Visa Inc
Financial Services 2.34% 1.47% #8 3
Prev: #11
3.9 760,147 66.1%
P
S
1,910,461 $670,017,777 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TEAM
Atlassian Corp
Technology 2.26% 1.68% #9
Prev: #9
3.4 1,183,328 42.2%
P
S
3,990,216 $646,973,622 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
AVGO
Broadcom Inc
Technology 2.00% 1.70% #10 2
Prev: #8
3.3 278,350 20.2%
P
S
1,658,559 $574,027,270 2018 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
CRM
Salesforce Inc
Technology 1.92% 1.47% #11 1
Prev: #10
3.3 417,511 25.2%
P
S
2,075,596 $549,846,136 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TSLA
Tesla Inc
Consumer Cyclical 1.30% 1.34% #12
Prev: #12
1.0 20,651 2.6%
P
S
828,629 $372,651,034 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LLY
Eli Lilly & Co
Healthcare 1.21% 0.95% #13 3
Prev: #16
1.0 -12,509 -3.7%
P
S
321,484 $345,492,425 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CHKP
Check Point Sof...
Technology 1.18% 0.69% #14 9
Prev: #23
3.5 932,485 105.0%
P
S
1,820,339 $337,782,105 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
GOOG
Alphabet Inc
Communication Services 1.08% 0.88% #15 3
Prev: #18
0.9 18,802 1.9%
P
S
988,337 $310,140,151 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BAC
Bank of America...
Financial Services 0.93% 0.90% #16 1
Prev: #17
0.9 192,672 4.2%
P
S
4,832,975 $265,813,625 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ORCL
Oracle Corp
Technology 0.90% 1.28% #17 2
Prev: #15
2.4 116,742 9.6%
P
S
1,329,788 $259,188,979 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
JPM
JPMorgan Chase ...
Financial Services 0.83% 0.84% #18 3
Prev: #21
0.8 28,815 4.1%
P
S
737,362 $237,592,784 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
HPQ
HP Inc
Technology 0.82% 0.32% #19 33
Prev: #52
3.3 7,498,202 242.2%
P
S
10,594,630 $236,048,356 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BKNG
Booking Holding...
Consumer Cyclical 0.81% 0.85% #20
Prev: #20
0.8 1,287 3.1%
P
S
43,286 $231,810,814 2018 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
GS
Goldman Sachs G...
Financial Services 0.78% 0.40% #21 19
Prev: #40
3.3 118,049 87.2%
P
S
253,467 $222,797,493 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TMUS
T-Mobile US Inc
Communication Services 0.75% 0.64% #22 6
Prev: #28
2.8 350,036 48.9%
P
S
1,065,238 $216,285,924 2013 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
TSM
Taiwan Semicond...
Technology 0.73% 1.29% #23 9
Prev: #14
0.3 -544,260 -44.1%
P
S
691,064 $210,007,439 2010 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
C
Citigroup Inc
Financial Services 0.73% 0.65% #24 3
Prev: #27
0.8 78,862 4.6%
P
S
1,793,006 $209,225,870 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WMT
Walmart Inc
Consumer Defensive 0.65% 0.67% #25
Prev: #25
0.8 -54,746 -3.1%
P
S
1,684,275 $187,645,078 2016 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
AMD
Advanced Micro ...
Technology 0.65% 0.88% #26 7
Prev: #19
0.3 -592,613 -40.6%
P
S
866,532 $185,576,493 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LRCX
Lam Research Co...
Technology 0.62% 1.30% #27 14
Prev: #13
0.2 -1,566,311 -60.2%
P
S
1,033,784 $176,963,145 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
QCOM
Qualcomm Inc
Technology 0.61% 0.40% #28 14
Prev: #42
3.2 376,710 59.1%
P
S
1,014,250 $173,487,463 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SPGI
S&P Global Inc
Financial Services 0.57% 0.46% #29 4
Prev: #33
2.7 62,868 25.1%
P
S
313,444 $163,802,700 2016 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CB
Chubb Ltd
Financial Services 0.57% 0.67% #30 4
Prev: #26
0.7 -114,153 -18.0%
P
S
519,712 $162,212,509 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BRK/B
Berkshire Hatha...
Financial Services 0.54% 0.54% #31 2
Prev: #29
2.2 19,739 6.9%
P
S
305,778 $153,699,312 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
UNH
UnitedHealth Gr...
Healthcare 0.50% 0.50% #32 1
Prev: #31
2.2 48,691 12.5%
P
S
437,929 $144,564,742 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ISRG
Intuitive Surgi...
Healthcare 0.48% 0.42% #33 5
Prev: #38
0.7 -5,119 -2.0%
P
S
244,742 $138,612,079 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
JNJ
Johnson & Johns...
Healthcare 0.47% 0.81% #34 12
Prev: #22
0.2 -507,365 -43.7%
P
S
653,850 $135,314,258 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ABBV
AbbVie Inc
Healthcare 0.46% 0.43% #35 1
Prev: #36
2.2 81,312 16.5%
P
S
575,107 $131,406,198 2013 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
XOM
Exxon Mobil Cor...
Energy 0.45% 0.43% #36 1
Prev: #35
2.2 55,353 5.4%
P
S
1,075,263 $129,397,149 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NFLX
Netflix Inc
ETF 0.44% 0.43% #37 3
Prev: #34
3.2 1,249,433 1288.2%
P
S
1,346,425 $126,240,808 2010 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CSCO
Cisco Systems I...
Technology 0.41% 0.38% #38 8
Prev: #46
0.7 59,133 4.0%
P
S
1,534,364 $118,192,059 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WM
Waste Managemen...
Industrials 0.41% 0.13% #39 85
Prev: #124
3.2 375,451 245.2%
P
S
528,562 $116,130,357 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
EMR
Emerson Electri...
Industrials 0.40% 0.42% #40 3
Prev: #37
0.7 14,391 1.7%
P
S
873,898 $115,983,743 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NEE
NextEra Energy ...
Utilities 0.40% 0.39% #41 4
Prev: #45
0.7 41,988 3.0%
P
S
1,438,894 $115,514,410 2010 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
PEP
PepsiCo Inc
Consumer Defensive 0.39% 0.40% #42 1
Prev: #43
0.7 31,487 4.2%
P
S
786,442 $112,870,156 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MTCH
Match Group Inc
Communication Services 0.39% 0.34% #43 7
Prev: #50
2.7 849,472 32.9%
P
S
3,431,061 $110,788,960 2020 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
GE
GE Aerospace
Industrials 0.39% 0.40% #44
Prev: #44
0.7 7,188 2.0%
P
S
358,857 $110,538,722 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NOW
ServiceNow Inc
Technology 0.36% 0.40% #45 4
Prev: #41
3.1 552,213 475.6%
P
S
668,321 $102,380,094 2016 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
MRK
Merck & Co Inc
Healthcare 0.35% 0.23% #46 21
Prev: #67
2.6 201,907 27.0%
P
S
950,334 $100,032,157 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CRTO
Criteo Sa-Spon ...
Communication Services 0.31% 0.35% #47 2
Prev: #49
0.6 121,477 2.9%
P
S
4,258,161 $87,760,698 2019 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
IBM
International B...
Technology 0.30% 0.29% #48 9
Prev: #57
0.6 11,288 4.0%
P
S
290,284 $85,985,024 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MRVL
Marvell Technol...
Technology 0.29% 0.68% #49 25
Prev: #24
0.1 -1,163,435 -53.9%
P
S
993,351 $84,414,968 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
PG
Procter & Gambl...
Consumer Defensive 0.29% 0.27% #50 12
Prev: #62
2.6 123,713 26.6%
P
S
588,052 $84,273,732 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-50 of 782 holdings

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