DNB Asset Management Boosts Robinhood Markets Stake by 94.5%

Institutional investor increases holdings in the online brokerage firm to $37.31 million

Feb. 27, 2026 at 9:24am

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DNB Asset Management AS, a Norwegian investment management firm, grew its position in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 94.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund now owns 260,599 shares of the company's stock, worth $37,313,000 as of the latest filing.

Why it matters

Robinhood has seen significant institutional investment interest since its high-profile IPO in 2021, with hedge funds and asset managers building positions in the stock. This latest move by DNB Asset Management suggests continued confidence in Robinhood's long-term growth prospects among institutional investors, despite the stock's volatility.

The details

According to the 13F filing, DNB Asset Management bought an additional 126,614 shares of Robinhood in the third quarter, bringing its total stake to 260,599 shares. The investment firm's holdings in Robinhood are now valued at $37.31 million. Several other hedge funds and institutional investors have also increased their positions in Robinhood in recent quarters, including Valley National Advisers Inc., Golden State Wealth Management LLC, and Vision Financial Markets LLC.

  • DNB Asset Management filed its 13F report for the 3rd quarter of 2026 on February 27, 2026.

The players

DNB Asset Management AS

A Norwegian investment management firm that has increased its stake in Robinhood Markets.

Robinhood Markets, Inc.

A U.S.-based financial services company known for its mobile-first brokerage platform that aims to "democratize finance for all."

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The takeaway

The increased institutional investment in Robinhood suggests that despite the stock's volatility, major investors see long-term growth potential in the company's mission to make investing more accessible to retail traders. However, the stock continues to face scrutiny and regulatory challenges as it navigates the evolving online brokerage landscape.