1y return+17.4%S&P 500 +20.9%
3y return+72.3%S&P 500 +68.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2022: $209 against $195 in the S&P 500.2
DNB Asset Management ASS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| MSFTMicrosoft Corp | $2.5B | 7.0% | +20.5% |
| NVDANvidia Corp | $2.3B | 6.4% | +11.6% |
| GOOGLAlphabet Inc | $2.1B | 5.8% | +20.3% |
| AMZNAmazon.com Inc | $1.9B | 5.2% | +4.5% |
| AVGOBroadcom Inc | $1.6B | 4.4% | +68.3% |
| AAPLApple Inc | $1.4B | 3.9% | |
| VVisa Inc | $1.2B | 3.5% | +80.7% |
| METAMeta Platforms Inc | $1.2B | 3.3% | +27.3% |
| MAMastercard Inc | $987.9M | 2.8% | +75.5% |
| TEAMAtlassian Corp | $764.7M | 2.1% | +21.7% |
| TMUST-Mobile US Inc | $431.6M | 1.2% | +84.3% |
| GOOGAlphabet Inc C shares | $421.7M | 1.2% | +11.4% |
| HPQHP Inc | $413.4M | 1.2% | −4.9% |
| LLYEli Lilly & Co | $387.2M | 1.1% | −5.3% |
| TSLATesla Inc | $372.5M | 1.0% | +5.3% |
| MUMicron Technology Inc | $351.5M | 1.0% | −13.7% |
| TSMTaiwan Semiconductor-Sp Adr | $326.4M | 0.9% | +190.6% |
| BKNGBooking Holdings Inc | $293.7M | 0.8% | +81.8% |
| BACBank of America Corp | $275.1M | 0.8% | |
| Check Point Software Tech LTCUSIP M22465104 | $263.8M | 0.7% | +12.7% |
| JPMJPMorgan Chase & Co | $252.1M | 0.7% | |
| INTUIntuit Inc | $250.1M | 0.7% | +1423.8% |
| AMDAdvanced Micro Devices Inc | $247.1M | 0.7% | −33.8% |
| CCitigroup Inc | $236.8M | 0.7% | −6.4% |
| GSGoldman Sachs Group Inc | $231.5M | 0.6% | −3.3% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corp | June 30, 2020 | +2006.7% | $2.3B |
| AVGOBroadcom Inc | June 30, 2020 | +1096.9% | $1.6B |
| AMDAdvanced Micro Devices Inc | June 30, 2020 | +1004.1% | $247.1M |
| TSMTaiwan Semiconductor-Sp Adr | June 30, 2020 | +741.2% | $326.4M |
| LLYEli Lilly & Co | June 30, 2020 | +630.6% | $387.2M |
| GSGoldman Sachs Group Inc | June 30, 2020 | +411.8% | $231.5M |
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $2.1B |
| GOOGAlphabet Inc C shares | June 30, 2020 | +399.9% | $421.7M |
| GEGE Aerospace | September 30, 2021 | +262.7% | $197.2M |
| JPMJPMorgan Chase & Co | June 30, 2020 | +248.0% | $252.1M |
Sold off last quarter
- VISTVista Energy SAB de CV was $14.4M
- CTRACoterra Energy Inc was $6.1M
- Carnival CorpCUSIP 143658300 was $6.0M
- DuPont de Nemours IncCUSIP 26614N102 was $4.5M
- Amcor PLCCUSIP G0250X149 was $4.2M
- Hologic IncCUSIP 436440101 was $3.4M
- CEVACEVA Inc was $2.9M
- BMNRBitMine Immersion Technologies Inc was $1.7M
- HIMXHimax Technologies Inc was $1.3M
- PRCTPROCEPT BioRobotics Corp was $1.2M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +11.3% | +14.8% |
| March 31, 2026 | −8.5% | −4.6% |
| December 31, 2025 | +3.4% | +2.4% |
| September 30, 2025 | +11.4% | +7.8% |
| June 30, 2025 | +14.4% | +10.5% |
| March 31, 2025 | −5.9% | −4.6% |
| December 31, 2024 | +3.0% | +2.1% |
| September 30, 2024 | +3.3% | +5.4% |
| June 30, 2024 | +5.3% | +4.0% |
| March 31, 2024 | +12.0% | +10.0% |
| December 31, 2023 | +11.9% | +11.2% |
| September 30, 2023 | −2.9% | −3.6% |
| June 30, 2023 | +9.5% | +8.3% |
| March 31, 2023 | +10.8% | +7.0% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: DNB Asset Management AS Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1456670&type=13F-HR&dateb=&owner=include&count=40CIK 1456670
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1456670/000091228226001061/Filed August 11, 2026 · accession 0000912282-26-001061