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Portfolio (Quarterly) Guide ↗

DNB Asset Management AS

· CIK 0001456670
13F Portfolio $28.7B AUM Filed Feb 5, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 731 New
Page 2 of 37  ·  731 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 GS Goldman Sachs Group Inc Financial Services 253,467.0 $222.8M 0.78% NEW $879.00 +13.4%
22 TMUS T-Mobile US Inc Communication Services 1,065,238.0 $216.3M 0.76% NEW $203.04 -5.7%
23 TSM Taiwan Semiconductor-Sp Adr Technology 691,064.0 $210.0M 0.73% NEW $303.89 +33.1%
24 C Citigroup Inc Financial Services 1,793,006.0 $209.2M 0.73% NEW $116.69 +7.2%
25 WMT Walmart Inc Consumer Defensive 1,684,275.0 $187.6M 0.66% NEW $111.41 +8.0%
26 AMD Advanced Micro Devices Inc Technology 866,532.0 $185.6M 0.65% NEW $214.16 +118.3%
27 LRCX Lam Research Corp Technology 1,033,784.0 $177.0M 0.62% NEW $171.18 +78.4%
28 QCOM Qualcomm Inc Technology 1,014,250.0 $173.5M 0.60% NEW $171.05 +39.2%
29 SPGI S&P Global Inc Financial Services 313,444.0 $163.8M 0.57% NEW $522.59 -20.1%
30 CB Chubb Ltd Financial Services 519,712.0 $162.2M 0.57% NEW $312.12 +5.1%
31 Berkshire Hathaway Inc 305,778.0 $153.7M 0.54% NEW $502.65
32 UNH UnitedHealth Group Inc Healthcare 437,929.0 $144.6M 0.50% NEW $330.11 +17.7%
33 ISRG Intuitive Surgical Inc Healthcare 244,742.0 $138.6M 0.48% NEW $566.36 -22.6%
34 JNJ Johnson & Johnson Healthcare 653,850.0 $135.3M 0.47% NEW $206.95 +13.2%
35 ABBV AbbVie Inc Healthcare 575,107.0 $131.4M 0.46% NEW $228.49 -5.6%
36 XOM Exxon Mobil Corp Energy 1,075,263.0 $129.4M 0.45% NEW $120.34 +28.7%
37 NFLX Netflix Inc Communication Services 1,346,425.0 $126.2M 0.44% NEW $93.76 -5.5%
38 CSCO Cisco Systems Inc Technology 1,534,364.0 $118.2M 0.41% NEW $77.03 +56.3%
39 WM Waste Management Inc Industrials 528,562.0 $116.1M 0.41% NEW $219.71 -0.8%
40 EMR Emerson Electric Co Industrials 873,898.0 $116.0M 0.41% NEW $132.72 +2.8%
Page 2 of 37  ·  731 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 39.6%
Communication Services 14.4%
Financial Services 13.7%
Consumer Cyclical 10.7%
Healthcare 7.7%
Industrials 5.3%
Consumer Defensive 3.1%
Utilities 1.9%
Energy 1.8%
Real Estate 1.0%