DNB Asset Management Boosts CVS Health Holdings

Investment firm increases stake in pharmacy operator by 66.7% in Q3

Published on Feb. 28, 2026

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DNB Asset Management AS, a Norwegian investment firm, has increased its stake in CVS Health Corporation by 66.7% in the third quarter, according to a recent SEC filing. The firm now owns 379,890 shares of the pharmacy operator's stock, valued at $28.64 million.

Why it matters

The increased investment by DNB Asset Management reflects growing confidence in CVS Health's business and future prospects. As a major institutional investor, DNB's move could signal broader market optimism around CVS Health's strategy and performance.

The details

According to the 13F filing, DNB Asset Management purchased an additional 151,934 shares of CVS Health during the third quarter, bringing its total holdings to 379,890 shares. This represents a 66.7% increase in the firm's stake in the pharmacy operator.

  • DNB Asset Management increased its CVS Health holdings in the third quarter of 2026.

The players

DNB Asset Management AS

A Norwegian investment management firm that has increased its stake in CVS Health Corporation.

CVS Health Corporation

A diversified healthcare company that operates a large network of retail pharmacies, pharmacy benefit management services, and health care solutions.

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The takeaway

DNB Asset Management's increased investment in CVS Health suggests growing confidence in the company's ability to navigate the evolving healthcare landscape and capitalize on emerging opportunities in the pharmacy and healthcare services sectors.