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Livermore
Livermore
ZHEN

DnB Asset Management AS

SEC CIK
0001456670
Latest filing
Aug 11, 2026

Holdings in Q3 2025

Holdings as of Sep 30, 2025, filed Nov 12, 2025. Long positions only; changes compare share counts with Q2 2025.

Institution overview
Positions
731
+15 vs. Q2 2025
Portfolio value
$26.7B
+$2.63B (+10.9%) vs. Q2 2025
Filed
Nov 12, 2025
SEC
Holdings of DnB Asset Management AS in Q3 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
MSFTMicrosoft CorpStock4,776,034$2.47B9.2%+143,133+3.1%AddedHistory
NVDANVIDIA CorpStock9,617,279$1.79B6.7%−254,989−2.6%ReducedHistory
GOOGLAlphabet Inc.Stock6,188,646$1.50B5.6%−304,725−4.7%ReducedHistory
AAPLApple Inc.Stock5,561,135$1.42B5.3%+800,543+16.8%AddedHistory
AMZNAmazon Com IncStock6,045,255$1.33B5.0%+842,600+16.2%AddedHistory
METAMeta Platforms, Inc.Stock1,194,302$877.1M3.3%−159,461−11.8%ReducedHistory
MAMastercard IncStock891,905$507.3M1.9%−69,146−7.2%ReducedHistory
AVGOBroadcom Inc.Stock1,380,209$455.3M1.7%−96,797−6.6%ReducedHistory
TEAMAtlassian CorpCL A2,806,888$448.3M1.7%+2,041,210+266.6%AddedHistory
CRMSalesforce, Inc.Stock1,658,085$393.0M1.5%+899,369+118.5%AddedHistory
VVisa Inc.Stock1,150,314$392.7M1.5%−65,702−5.4%ReducedHistory
TSLATesla, Inc.Stock807,978$359.3M1.3%+166,531+26.0%AddedHistory
LRCXLam Research CorpStock2,600,095$348.2M1.3%−540,718−17.2%ReducedHistory
TSMTaiwan Semiconductor Manufacturing Co LtdADR1,235,324$345.0M1.3%−394,162−24.2%ReducedHistory
ORCLOracle CorpStock1,213,046$341.2M1.3%−975,584−44.6%ReducedHistory
LLYEli Lilly & CoStock333,993$254.8M1.0%−20,847−5.9%ReducedHistory
BACBank of America CorpStock4,640,303$239.4M0.9%+191,866+4.3%AddedHistory
GOOGAlphabet Inc.Stock969,535$236.1M0.9%+19,194+2.0%AddedHistory
AMDAdvanced Micro Devices IncStock1,459,145$236.1M0.9%+509,572+53.7%AddedHistory
BKNGBooking Holdings Inc.Stock41,999$226.8M0.8%+7,923+23.3%AddedHistory
JPMJPMorgan Chase & CoStock708,547$223.5M0.8%+18,151+2.6%AddedHistory
JNJJohnson & JohnsonStock1,161,215$215.3M0.8%−94,911−7.6%ReducedHistory
CHKPCheck Point Software Technologies LtdORD887,854$183.7M0.7%+285,275+47.3%AddedHistory
MRVLMarvell Technology, Inc.COM2,156,786$181.3M0.7%+1,081,473+100.6%AddedHistory
WMTWalmart Inc.Stock1,739,021$179.2M0.7%−182,507−9.5%ReducedHistory
CBChubb LtdStock633,865$178.9M0.7%+7,681+1.2%AddedHistory
CCitigroup IncStock1,714,144$174.0M0.7%+24,707+1.5%AddedHistory
TMUST-Mobile US, Inc.Stock715,202$171.2M0.6%+155,260+27.7%AddedHistory
BRK.BBerkshire Hathaway IncStock286,039$143.8M0.5%+12,923+4.7%AddedHistory
DDOGDatadog, Inc.CL A COM1,007,552$143.5M0.5%−621,348−38.1%ReducedHistory
UNHUnitedHealth Group IncStock389,238$134.4M0.5%+9,513+2.5%AddedHistory
MSMorgan StanleyStock790,153$125.6M0.5%+6,368+0.8%AddedHistory
SPGIS&P Global Inc.Stock250,576$122.0M0.5%+809+0.3%AddedHistory
NFLXNetflix IncStock96,992$116.3M0.4%−4,645−4.6%ReducedHistory
XOMExxonMobil Holdings CorpCOM1,019,910$115.0M0.4%+2,324+0.2%AddedHistory
ABBVAbbVie Inc.Stock493,795$114.3M0.4%−9,251−1.8%ReducedHistory
EMREmerson Electric CoStock859,507$112.8M0.4%−64,577−7.0%ReducedHistory
ISRGIntuitive Surgical IncCOM NEW249,861$111.7M0.4%+50,854+25.6%AddedHistory
WDCWestern Digital CorpCOM918,463$110.3M0.4%−3,923,603−81.0%ReducedHistory
GSGoldman Sachs Group IncStock135,418$107.8M0.4%−465−0.3%ReducedHistory
NOWServiceNow, Inc.Stock116,108$106.9M0.4%−3,213−2.7%ReducedHistory
QCOMQualcomm IncStock637,540$106.1M0.4%+383,457+150.9%AddedHistory
PEPPepsiCo IncStock754,955$106.0M0.4%−41,510−5.2%ReducedHistory
GEGeneral Electric CoStock351,669$105.8M0.4%+3,221+0.9%AddedHistory
NEENextera Energy IncStock1,396,906$105.5M0.4%+21,642+1.6%AddedHistory
CSCOCisco Systems, Inc.Stock1,475,231$100.9M0.4%+11,250+0.8%AddedHistory
MELIMercadolibre IncCOM42,602$99.6M0.4%−906−2.1%ReducedHistory
SNDKSandisk CorpCOM842,604$94.5M0.4%−6,266,681−88.1%ReducedHistory
CRTOCriteo S.A.SPONS ADS4,136,684$93.5M0.3%00.0%UnchangedHistory
MTCHMatch Group, Inc.COM2,581,589$91.2M0.3%+1,060,038+69.7%AddedHistory
INTCIntel CorpStock2,566,748$86.1M0.3%−3,247,222−55.9%ReducedHistory
HPQHP IncStock3,096,428$84.3M0.3%+6160.0%AddedHistory
ANETArista Networks, Inc.Stock562,210$81.9M0.3%+11,318+2.1%AddedHistory
ECLEcolab Inc.Stock298,584$81.8M0.3%+22,752+8.2%AddedHistory
HDHome Depot, Inc.Stock200,986$81.4M0.3%−36,319−15.3%ReducedHistory
COSTCostco Wholesale CorpStock85,512$79.2M0.3%−13,966−14.0%ReducedHistory
IBMInternational Business Machines CorpStock278,996$78.7M0.3%+17,046+6.5%AddedHistory
FLUTFlutter Entertainment plcSHS306,300$77.8M0.3%+274,138+852.4%AddedHistory
CVXChevron CorpStock495,232$76.9M0.3%+108,267+28.0%AddedHistory
DXCMDexcom IncCOM1,098,544$73.9M0.3%+803,086+271.8%AddedHistory
CCEPCoca-Cola Europacific Partners plcSHS1,083,398$71.9M0.3%−265,367−19.7%ReducedHistory
PGProcter & Gamble CoStock464,339$71.3M0.3%−85,555−15.6%ReducedHistory
BMRNBiomarin Pharmaceutical IncCOM1,274,284$69.0M0.3%+154,954+13.8%AddedHistory
SWKSSkyworks Solutions, Inc.Stock889,273$68.5M0.3%+311,066+53.8%AddedHistory
CRUSCirrus Logic, Inc.Stock532,180$66.7M0.2%+27,706+5.5%AddedHistory
SNPSSynopsys IncCOM128,881$63.6M0.2%+88,661+220.4%AddedHistory
MRKMerck & Co., Inc.Stock748,427$62.8M0.2%−5,667−0.8%ReducedHistory
ABTAbbott LaboratoriesStock464,128$62.2M0.2%−34,333−6.9%ReducedHistory
UBERUber Technologies, IncStock633,016$62.0M0.2%+156,487+32.8%AddedHistory
TMOThermo Fisher Scientific Inc.Stock126,849$61.5M0.2%−12,465−8.9%ReducedHistory
TAT&T Inc.Stock2,162,125$61.1M0.2%+136,070+6.7%AddedHistory
CLColgate Palmolive CoStock755,338$60.4M0.2%−164,495−17.9%ReducedHistory
MTZMastec IncCOM280,566$59.7M0.2%−83,982−23.0%ReducedHistory
NIQNIQ Global Intelligence plcORDINARY SHARES3,742,451$58.7M0.2%+3,742,451NewHistory
APPAppLovin CorpCOM CL A80,911$58.1M0.2%+36,522+82.3%AddedHistory
DISWalt Disney CoStock504,137$57.7M0.2%+26,521+5.6%AddedHistory
ARWArrow Electronics, Inc.COM471,813$57.1M0.2%00.0%UnchangedHistory
GEVGE Vernova Inc.Stock91,425$56.2M0.2%+7,081+8.4%AddedHistory
VZVerizon Communications IncStock1,255,341$55.2M0.2%+61,281+5.1%AddedHistory
MUMicron Technology IncStock314,601$52.6M0.2%+11,133+3.7%AddedHistory
CCKCrown Holdings, Inc.COM543,667$52.5M0.2%−3,061−0.6%ReducedHistory
WFCWells Fargo & CompanyStock625,733$52.4M0.2%+15,786+2.6%AddedHistory
MCDMcDonalds CorpStock170,572$51.8M0.2%−7,490−4.2%ReducedHistory
APHAmphenol CorpCL A418,148$51.7M0.2%−96,945−18.8%ReducedHistory
DECKDeckers Outdoor CorpCOM492,227$49.9M0.2%+909+0.2%AddedHistory
APOApollo Global Management, Inc.COM363,131$48.4M0.2%+39,032+12.0%AddedHistory
CEGConstellation Energy CorpStock145,027$47.7M0.2%+45,523+45.7%AddedHistory
LINLinde PLCStock100,174$47.6M0.2%+2,783+2.9%AddedHistory
TJXTJX Companies IncStock325,264$47.0M0.2%+9,948+3.2%AddedHistory
TXNTexas Instruments IncStock253,974$46.7M0.2%+10,299+4.2%AddedHistory
DEDeere & CoStock100,608$46.0M0.2%+2,662+2.7%AddedHistory
STTState Street CorpCOM395,501$45.9M0.2%+13,847+3.6%AddedHistory
BXBlackstone Inc.COM267,773$45.7M0.2%+37,121+16.1%AddedHistory
NUNu Holdings Ltd.ORD SHS CL A2,832,135$45.3M0.2%+1,676,476+145.1%AddedHistory
UNPUnion Pacific CorpStock185,087$43.7M0.2%+6,626+3.7%AddedHistory
ICEIntercontinental Exchange, Inc.Stock257,370$43.4M0.2%−22,826−8.1%ReducedHistory
SOSouthern CoStock453,922$43.0M0.2%+17,744+4.1%AddedHistory
ETNEaton Corp plcStock113,392$42.4M0.2%+4,211+3.9%AddedHistory
INTUIntuit Inc.Stock60,153$41.1M0.2%+4,683+8.4%AddedHistory
ADPAutomatic Data Processing IncStock137,410$40.3M0.2%+5,016+3.8%AddedHistory

Sold out since Q2 2025 (34)

Positions held at the end of Q2 2025 that are gone from this filing.

Positions of DnB Asset Management AS sold out since Q2 2025
SecurityClassShares in Q2 2025Value in Q2 2025% of portfolio in Q2 2025History
VIKViking Holdings LtdORD SHS397,465$21.2M0.1%History
HESHess CorpStock84,494$11.7M<0.1%History
VISTVista Energy, S.A.B. de C.V.SPONSORED ADS165,730$7.92M<0.1%History
ANSSAnsys IncCOM16,288$5.72M<0.1%History
FLOCFlowco Holdings Inc.COM CL A235,523$4.19M<0.1%History
JNPRJuniper Networks IncCOM82,358$3.29M<0.1%History
ACHRArcher Aviation Inc.Stock251,758$2.73M<0.1%History
RDWRedwire CorpStock164,866$2.69M<0.1%History
CAGConagra Brands Inc.Stock114,745$2.35M<0.1%History
OUSTOuster, Inc.COM NEW92,096$2.23M<0.1%History
IRENIREN LtdORDINARY SHARES109,601$1.60M<0.1%History
AVTRAvantor, Inc.COM118,412$1.59M<0.1%History
LKQLKQ CorpCOM41,069$1.52M<0.1%History
RMBSRambus IncCOM23,063$1.48M<0.1%History
CPBCAMPBELL'S CoCOM43,279$1.33M<0.1%History
KRNTKornit Digital Ltd.SHS58,248$1.16M<0.1%History
SRTAStrata Critical Medical, Inc.CL A COM267,568$1.08M<0.1%History
PIImpinj IncCOM7,306$811.5K<0.1%History
ASAmer Sports, Inc.COM SHS17,405$674.4K<0.1%History
MPMP Materials Corp.COM CL A20,250$673.7K<0.1%History
RYAAYRyanair Holdings PLCSPONSORED ADR11,597$668.8K<0.1%History
LBRDKLiberty Broadband CorpCOM SER C5,439$535.1K<0.1%History
JEFJefferies Financial Group Inc.COM9,305$508.9K<0.1%History
JBSJBS N.V.ADR34,221$500.0K<0.1%History
BROSDutch Bros Inc.CL A6,653$454.9K<0.1%History
MLTXMoonLake ImmunotherapeuticsCLASS A ORD9,585$452.4K<0.1%History
FLNGFlex LNG Ltd.SHS16,772$368.6K<0.1%History
MRUSMerus N.V.COM5,329$280.3K<0.1%History
ARBEArbe Robotics Ltd.COM144,840$257.8K<0.1%History
RBOTVicarious Surgical Inc.COM CL A NEW29,199$219.0K<0.1%History
CYNCyngn Inc.COM14,612$210.6K<0.1%History
NTLAIntellia Therapeutics, Inc.COM13,586$127.4K<0.1%History
LNZALanzaTech Global, Inc.COMMON STOCK148,656$40.8K<0.1%History
LCIDLucid Group, Inc.COM15,346$32.4K<0.1%History