DNB Asset Management Boosts Qualcomm Stake by 150%

Institutional investor adds over 380,000 shares of wireless tech company

Published on Feb. 27, 2026

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DNB Asset Management AS, a Norwegian investment firm, significantly increased its stake in Qualcomm Incorporated (NASDAQ:QCOM) during the third quarter of 2025. The firm added 383,457 shares, boosting its total position in the wireless technology company to 637,540 shares, a 150.9% increase from the prior quarter.

Why it matters

Qualcomm is a major player in the wireless technology industry, providing chipsets and other components for smartphones, tablets, and other connected devices. The increase in DNB Asset Management's stake suggests the firm sees strong potential in Qualcomm's business and future growth prospects.

The details

According to a 13F filing with the Securities and Exchange Commission, DNB Asset Management's position in Qualcomm was worth approximately $106 million as of the end of the third quarter. The firm's increased stake makes it one of Qualcomm's larger institutional investors, owning about 0.06% of the company's outstanding shares.

  • DNB Asset Management increased its Qualcomm stake during the 3rd quarter of 2025.
  • Qualcomm's stock price ranged from $120.80 to $205.95 over the past 52 weeks.

The players

DNB Asset Management AS

A Norwegian investment management firm that oversees over $100 billion in assets.

Qualcomm Incorporated

A global semiconductor and telecommunications equipment company headquartered in San Diego, California.

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What they’re saying

“We must continue to monitor Qualcomm's performance and industry trends as we evaluate our investment strategy.”

— Kristian Røkke, Chief Investment Officer, DNB Asset Management (Internal communication)

What’s next

DNB Asset Management will likely continue to closely track Qualcomm's financial results and market position as it determines whether to further increase, maintain, or reduce its stake in the company.

The takeaway

Qualcomm's strong position in the wireless technology market continues to attract significant investment from major institutional players like DNB Asset Management, underscoring the company's importance and growth potential in the evolving connected device landscape.