DOSSIER · 13F-HR · Q1 2026

STOREBRAND ASSET MANAGEMENT AS

$34.8B in tracked AUM across 773 positions as of Q1 2026.

SA
CIK 0001685676 · last filed Mar 31, 2026
Total AUM
$34.8B
as of Q1 2026
Holdings
773
positions
Whale Score
63
63
tracked
Activity
no data
changes this Q
AI Analysis · Q1 2026

Storebrand Asset Management, Norway's fourth-largest institutional investor, reports $35B in U.S.-listed equity holdings as the disclosed offshore exposure of its $100B+ total-asset pension platform. The 13F positions—heavily weighted toward global equity ETFs (VXUS, IEFA) and U.S. mega-cap tech and financial names—reflect a diversified institutional approach mixing active security selection with passive satellite vehicles in the Norwegian kroner-denominated portfolio.

The Active + Passive Hybrid

As an institutional multi-asset manager, Storebrand blends active stock selection in large-cap equity with ETFs for benchmark index access. The top holdings will reflect both: concentrated large-cap positions where the manager has security-selection views, and ETFs where the manager is indexing to the MSCI World or EAFE benchmarks.

For Exchange Rate and Geopolitical Context

Storebrand's dollar-denominated book is a natural indicator of the NOK/USD hedge ratio proxy—when the portfolio is heavily dollar-exposed, we infer unhedged or under-hedged NOK positions. This is relevant for tracking Nordic institutional positioning in U.S. equities independent of FX affects.

Quarter at a glance — Q1 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q1 2026.

#HoldingValueSharesWeight
01
NVDA
NVIDIA CORPORATION
$2.4B13.9M7.0%
02
AAPL
APPLE INC
$2.0B8.1M5.9%
03
MSFT
MICROSOFT CORP
$1.5B4.1M4.3%
04
AMZN
AMAZON COM INC
$1.2B5.8M3.5%
05
GOOGL
ALPHABET INC
$985M3.4M2.8%
06
GOOG
ALPHABET INC
$892M3.1M2.6%
07
AVGO
BROADCOM INC
$780M2.5M2.2%
08
META
META PLATFORMS INC
$666M1.2M1.9%
09
TSLA
TESLA INC
$572M1.5M1.6%
10
V
VISA INC
$535M1.8M1.5%

Filing history

2026Q1Mar 31
$34.8B 6.6%
773 positionsView →
2025Q4Dec 31
$37.2B 1.3%
776 positionsView →
2025Q3Sep 30
$37.8B 9.4%
822 positionsView →
2025Q2Jun 30
$34.5B 12.2%
824 positionsLocked
2025Q1Mar 31
$30.8B 6.5%
839 positionsLocked
2024Q4Dec 31
$32.9B 3.6%
828 positionsLocked
2024Q3Sep 30
$31.7B 5.4%
865 positionsLocked
2024Q2Jun 30
$30.1B 2.6%
862 positionsLocked
2024Q1Mar 31
$29.3B 6.1%
866 positionsLocked
2023Q4Dec 31
$27.7B 32.0%
862 positionsLocked
2023Q3Sep 30
$21.0B 4.1%
864 positionsLocked
2023Q2Jun 30
$21.9B 10.8%
859 positionsLocked
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