DNB Asset Management Increases Comcast Holdings by 9.8%

Institutional investor adds over 93,000 shares of the cable giant in Q3

Feb. 28, 2026 at 9:10am

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DNB Asset Management AS, a Norwegian investment firm, increased its holdings in Comcast Corporation (NASDAQ:CMCSA) by 9.8% in the third quarter of 2026, according to a recent 13F filing with the Securities and Exchange Commission. The firm now owns 1,048,228 shares of the cable giant's stock, valued at $32.9 million.

Why it matters

Comcast is one of the largest media and telecommunications companies in the world, providing broadband internet, video, voice, and wireless services to residential and business customers in the United States. The increase in DNB Asset Management's stake in the company signals continued institutional investor confidence in Comcast's long-term growth prospects.

The details

According to the 13F filing, DNB Asset Management acquired an additional 93,410 shares of Comcast during the third quarter, bringing its total holdings to 1,048,228 shares. This represents a 9.8% increase in the firm's position compared to the previous quarter. Comcast's stock price has fluctuated in recent months, trading between $25.75 and $37.97 over the past 52 weeks.

  • DNB Asset Management filed its 13F report for the third quarter of 2026 on February 28, 2026.

The players

DNB Asset Management AS

A Norwegian investment firm that manages assets for institutional and individual clients.

Comcast Corporation

A diversified global media and technology company headquartered in Philadelphia, Pennsylvania, providing broadband internet, video, voice, and wireless services to residential and business customers in the United States.

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The takeaway

The increase in DNB Asset Management's stake in Comcast reflects the continued institutional investor confidence in the company's long-term growth prospects, despite recent stock price fluctuations. As one of the largest media and telecommunications companies in the world, Comcast's performance is closely watched by the investment community.