SEC 13F Intelligence

Managers / Q3 2019 · view latest →

DnB Asset Management AS

CIK 0001456670 · DRONNING EUFEMIAS GATE 30, OSLO, N-0191 · 0114791503000

Reported Value
$8.86T
Q3 2019
Positions
626
Filings on Record
31
2019–present window
Filed
Oct 16, 2019
original filing

Summary

Dnb Asset Management As reported $8.86T in U.S.-listed holdings across 626 positions for Q3 2019.

Its largest position, GOOGL, represents 7.2% of the portfolio.

Compared with Q2 2019, the fund opened 20 new positions and exited 18.

Portfolio Metrics

Turnover
+12.9%
vs prior filed quarter
Top-10 Concentration
+31.3%
share of reported value
Largest Position
+7.2%
Alphabet Inc A
New / Exited
20 / 18
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $7.71TQ4 ’18Q1 ’19: $8.77TQ2 ’19: $8.68TQ3 ’19: $8.86TQ4 ’19: $10.18TQ4 ’19Q1 ’20: $6.80TQ2 ’20: $8.51TQ3 ’20: $9.41TQ4 ’20: $11.41TQ4 ’20Q1 ’21: $13.70TQ2 ’21: $15.09TQ3 ’21: $15.40TQ4 ’21: $17.04TQ4 ’21Q1 ’22: $16.82TQ2 ’22: $14.22TQ3 ’22: $12.97TQ1 ’23: $15.8BQ1 ’23Q2 ’23: $17.4BQ3 ’23: $16.7BQ4 ’23: $19.3BQ1 ’24: $19.2BQ1 ’24Q2 ’24: $21.0BQ3 ’24: $22.1BQ4 ’24: $23.1BQ1 ’25: $21.7BQ1 ’25Q2 ’25: $24.1BQ3 ’25: $26.7BQ4 ’25: $28.7BQ1 ’26: $28.0BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 90.1%Other: 6.4%ADR: 2.5%REIT: 1.1%Tracking Stk: 0.0%Other: 0.0%
  • Common Stock · 90.1% · $7.98T
  • Other · 6.4% · $563.5B
  • ADR · 2.5% · $220.1B
  • REIT · 1.1% · $93.3B
  • Tracking Stk · 0.0% · $1.6B
  • Other · 0.0% · $734M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BKNGBooking Holdings IncNEW+50.5K50.5K+$99.2B$99.2B
GLUUGlu Mobile IncNEW+3.41M3.41M+$17.0B$17.0B
StoneCo LtdNEW+217.7K217.7K+$7.6B$7.6B
APOEURApollo Global Management IncNEW+152.8K152.8K+$5.8B$5.8B
T7DTransDigm Group IncNEW+11.0K11.0K+$5.7B$5.7B
XRXXerox CorpNEW+131.5K131.5K+$3.9B$3.9B
J2AWilldan Group IncNEW+95.9K95.9K+$3.4B$3.4B
MLMMartin Marietta Materials IncNEW+11.8K11.8K+$3.2B$3.2B

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2019

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GOOGLAlphabet Inc - Ahistory →common7.21%$639.0B523.3K
2MSFTMicrosoft Corphistory →common5.20%$461.0B3.32M
3METAFacebook Inchistory →common4.09%$362.4B2.04M
4JNJJohnson & Johnsonhistory →common2.72%$240.7B1.86M
5TMUST-Mobile US Inchistory →common2.51%$222.6B2.83M
6ORCLOracle Corphistory →common2.49%$220.8B4.01M
7AAPLApple Inchistory →common1.88%$166.7B744.5K
87HPHP Inchistory →common1.84%$162.7B8.60M
9VSHVishay Intertechnology Inchistory →common1.70%$150.9B8.92M
10EXPEExpedia Group Inchistory →common1.67%$148.2B1.10M
11BACBank Of America Corphistory →common1.60%$141.4B4.85M
12PFEPfizer Inchistory →common1.51%$134.2B3.73M
13VVisa Inchistory →common1.50%$133.1B773.8K
14CHTRCharter Communications Inchistory →common1.42%$125.6B304.7K
15AMZNAmazon.Com Inchistory →common1.35%$119.7B69.0K
16TRVCCitigroup Inchistory →common1.28%$113.5B1.64M
17TSCOTractor Supply Cohistory →common1.19%$105.1B1.16M
18BKNGBooking Holdings Inchistory →common1.12%$99.2B50.5K
19FITEURFitbit Inchistory →common1.10%$97.3B25.54M
20ATVIEURActivision Blizzard Inchistory →common1.09%$97.0B1.83M
21NKENike Inchistory →common1.08%$95.9B1.02M
22MDLZMondelez International Inchistory →common1.07%$94.7B1.71M
23BLKCHFBlackrock Inchistory →common1.02%$90.8B203.7K
24Ingersoll-Rand Plccommon0.98%$86.4B701.5K
25ARWArrow Electronics Inchistory →common0.91%$80.9B1.08M
26AWMSkyworks Solutions Inchistory →common0.89%$78.7B993.0K
27CCKCrown Holdings Inchistory →common0.79%$70.4B1.07M
28CICigna Corphistory →common0.72%$63.8B420.0K
29BABAAlibaba Group Holding Ltd - ADRhistory →common0.67%$59.1B353.6K
30TSMTaiwan Semiconductor Manufacturing Co Ltd ADRhistory →common0.64%$57.0B1.23M
31JPMJPMorgan Chase & Cohistory →common0.64%$56.6B481.0K
32PGProcter & Gamble Co/Thehistory →common0.63%$55.8B448.2K
33MTZMasTec Inchistory →common0.62%$55.2B850.0K
34CMCSAComcast Corphistory →common0.62%$54.6B1.21M
35Lyondellbasell Industries NVcommon0.61%$54.3B606.4K
36Criteo SAcommon0.60%$53.5B2.86M
37VIAVViavi Solutions Inchistory →common0.60%$52.9B3.78M
38BACVerizon Communications Inchistory →common0.59%$52.2B864.5K
39MRKMerck & Co Inchistory →common0.55%$49.0B581.6K
40KOCoca-Cola Co/Thehistory →common0.55%$48.8B896.3K
41GOOGAlphabet Inc - Chistory →common0.51%$44.9B36.9K
42Royal Caribbean Cruises Ltdcommon0.48%$42.3B390.5K
43NBL2EURNoble Energy Inchistory →common0.47%$41.3B1.84M
44BRK/BBerkshire Hathaway Inchistory →common0.44%$38.8B186.3K
45EXMOCExxon Mobil Corphistory →common0.42%$37.2B527.0K
46QCOMQualcomm Inchistory →common0.41%$36.7B480.8K
47MCDMcdonald's Corphistory →common0.41%$36.5B169.8K
48Medtronic Plccommon0.40%$35.5B326.4K
49CNKCinemark Holdings Inchistory →common0.40%$35.3B912.6K
50PXDEURPioneer Natural Resources Cohistory →common0.37%$33.2B263.7K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$28.0B1,235May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$28.7B731Feb 5, 202613F-HRchanges · EDGAR ↗
Q3 2025$26.7B731Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$24.1B716Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$21.7B738May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$23.1B732Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$22.1B715Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$21.0B708Jul 5, 202413F-HRchanges · EDGAR ↗
Q1 2024$19.2B705Apr 12, 202413F-HRchanges · EDGAR ↗
Q4 2023$19.3B645Jan 4, 202413F-HRchanges · EDGAR ↗
Q3 2023$16.7B656Oct 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$17.4B663Jul 10, 2023RESTATEMENTchanges · EDGAR ↗
Q1 2023$15.8B646Apr 20, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review636Jan 12, 202313F-HRchanges · EDGAR ↗
Q3 2022$12.97T646Oct 11, 202213F-HRchanges · EDGAR ↗
Q2 2022$14.22T652Jul 8, 202213F-HRchanges · EDGAR ↗
Q1 2022$16.82T642Apr 8, 202213F-HRchanges · EDGAR ↗
Q4 2021$17.04T667Jan 12, 202213F-HRchanges · EDGAR ↗
Q3 2021$15.40T641Oct 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$15.09T630Jul 6, 202113F-HRchanges · EDGAR ↗
Q1 2021$13.70T633Apr 15, 202113F-HRchanges · EDGAR ↗
Q4 2020$11.41T624Jan 19, 202113F-HRchanges · EDGAR ↗
Q3 2020$9.41T607Oct 14, 202013F-HRchanges · EDGAR ↗
Q2 2020$8.51T600Jul 8, 202013F-HRchanges · EDGAR ↗
Q1 2020$6.80T607Apr 17, 202013F-HRchanges · EDGAR ↗
Q4 2019$10.18T635Jan 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$8.86T626Oct 16, 201913F-HRchanges · EDGAR ↗
Q2 2019$8.68T624Jul 8, 201913F-HRchanges · EDGAR ↗
Q1 2019$8.77T624Apr 11, 201913F-HRchanges · EDGAR ↗
Q4 2018$7.71T630Jan 15, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • DNB Asset Management AS

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.