Latest DNB Asset Management AS Stock Portfolio

$20.96Billion– No. of Holdings #688

DNB Asset Management AS Performance:

2024 Q2: 0.81%YTD: 11.43%2023: 28.28%

Performance for 2024 Q2 is 0.81%, and YTD is 11.43%, and 2023 is 28.28%.

About DNB Asset Management AS and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, DNB Asset Management AS reported an equity portfolio of $21 Billions as of 30 Jun, 2024.

The top stock holdings of DNB Asset Management AS are MSFT, GOOG, NVDA. The fund has invested 7.8% of it's portfolio in MICROSOFT CORP and 6.4% of portfolio in ALPHABET INC - A.

The fund managers got completely rid off ALIBABA GROUP HOLDING-SP ADR (BABA), GOLAR LNG LTD (GLNG) and LABORATORY CORP OF AMERICA HOLDINGS (LH) stocks. They significantly reduced their stock positions in STEAKHOLDER FOODS LTD ADR (STKH), QUALCOMM INC (QCOM) and TAL EDUCATION GROUP- ADR (TAL). DNB Asset Management AS opened new stock positions in VIKING HOLDINGS LTD, GITLAB INC (GTLB) and CIRRUS LOGIC INC (CRUS). The fund showed a lot of confidence in some stocks as they added substantially to CHIPOTLE MEXICAN GRILL INC (CMG), DATADOG INC (DDOG) and HEWLETT PACKARD ENTERPRISE CO (HPE).

DNB Asset Management AS Equity Portfolio Value

Last Reported on: 05 Jul, 2024

DNB Asset Management AS Annual Return Estimates Vs S&P 500

Our best estimate is that DNB Asset Management AS made a return of 0.81% in the last quarter. In trailing 12 months, it's portfolio return was 20.14%.

New Buys

Ticker	$ Bought
viking holdings ltd	49,871,100
gitlab inc	37,851,500
cirrus logic inc	23,250,000
torm plc	16,256,400
ge vernova llc	11,986,500
crh plc	10,084,100
star bulk carriers corp	9,694,340
atkore inc	9,585,040

New stocks bought by DNB Asset Management AS

Additions

Ticker	% Inc.
chipotle mexican grill inc	5,378
datadog inc	1,974
hewlett packard enterprise co	437
westlake chemical corp	364
workday inc	291
salesforce inc	232
builders frstsrc	230
intel corp	138

Additions to existing portfolio by DNB Asset Management AS

Reductions

Ticker	% Reduced
qualcomm inc	-81.74
texas pacific land corp	-69.63
confluent cl a ord	-65.3
mongodb inc	-63.59
cnh industrial nv	-62.21
zebra technologies corp	-61.84
coinbase global inc	-60.48
waste connections inc	-57.79

DNB Asset Management AS reduced stake in above stock

Sold off

None of the stocks were completely sold off by DNB Asset Management AS

Sector Distribution

DNB Asset Management AS has about 35.1% of it's holdings in Technology sector.

Sector	%
Technology	35.1
Communication Services	16.6
Financial Services	11.3
Healthcare	9.3
Consumer Cyclical	8.9
Others	6.1
Industrials	4.6
Consumer Defensive	2.9
Energy	2.4
Utilities	1.1

Market Cap. Distribution

DNB Asset Management AS has about 90.5% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	53.8
LARGE-CAP	36.7
UNALLOCATED	6.1
MID-CAP	3

Stocks belong to which Index?

About 86.3% of the stocks held by DNB Asset Management AS either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	86.3
Others	13.2

Top 5 Winners (%)		%
DM	desktop metal inc	362.6 %
ASTS	ast spacemobile inc	248.4 %
TMDX	transmedics group inc	87.7 %
ENVX	enovix corp	75.2 %
ALNY	alnylam pharmaceuticals inc	62.6 %

Top 5 Winners ($)		$
NVDA	nvidia corp	304.7 M
GOOG	alphabet inc - a	232.1 M
AAPL	apple inc	157.0 M
MSFT	microsoft corp	96.2 M
WDC	western digital corp	58.3 M

Top 5 Losers (%)		%
CMG	chipotle mexican grill inc	-98.0 %
SEDG	solaredge technologies inc	-62.3 %
SRRK	scholar rock holding corp	-50.1 %
PATH	uipath inc	-43.6 %
RVNC	revance therapeutics inc	-43.6 %

Top 5 Losers ($)		$
CMG	chipotle mexican grill inc	-686.5 M
APH	amphenol corp	-42.1 M
MA	mastercard inc	-35.4 M
V	visa inc	-32.1 M
INTC	intel corp	-31.4 M

DNB Asset Management AS Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of DNB Asset Management AS

DNB Asset Management AS has 688 stocks in it's portfolio. About 41.7% of the portfolio is in top 10 stocks. CMG proved to be the most loss making stock for the portfolio. NVDA was the most profitable stock for DNB Asset Management AS last quarter.

Last Reported on: 05 Jul, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
A	agilent technologies inc	0.03	47,360	6,139,280	added	4.22

AAPL	apple inc	4.26	4,244,720	894,022,000	added	16.65

ABBV	abbvie inc	0.43	525,526	90,138,200	added	20.78

ABC	cencora inc	0.03	29,007	6,535,280	added	13.42

ABNB	airbnb inc	0.05	72,858	11,047,500	reduced	-10.73

ABT	abbott laboratories	0.26	526,909	54,751,100	added	16.96

ACGL	arch capital group ltd	0.03	65,224	6,580,450	added	5.85

ACM	aecom	0.02	52,973	4,669,040	added	7.09

ADBE	adobe inc	0.64	240,451	133,580,000	added	74.74

ADI	analog devices inc	0.10	87,981	20,082,500	added	7.22

ADM	archer-daniels-midland co	0.03	104,383	6,309,950	added	9.92

ADP	automatic data processing inc	0.16	144,258	34,432,900	added	9.75

ADSK	autodesk inc	0.04	35,832	8,866,630	added	7.37

ADTN	adtran inc	0.12	4,631,850	24,363,500	added	33.4

AFL	aflac inc	0.04	100,015	8,932,340	added	2.97

AIB	midcap financial investment	0.01	169,451	2,565,490	added	19.29

AIG	american international group inc	0.06	182,436	13,544,000	added	61.92

AJG	arthur j gallagher & co	0.04	35,473	9,198,500	added	6.76

ALGN	align technology inc	0.01	11,290	2,725,740	reduced	-41.27

ALL	allstate corp/the	0.04	47,644	7,606,840	added	9.68