DNB Asset Management AS Sells 718,641 Shares of SLB Limited $SLB
MarketBeat
Last updated: May 18, 2026
DNB Asset Management AS significantly reduced its stake in SLB Limited (NYSE:SLB) during the fourth quarter. This reduction represents a substantial divestment by the investment firm.
DNB Asset Management AS decreased its holdings in SLB Limited by 69.6% in the fourth quarter.
The firm's ownership of SLB Limited shares fell from 2,186,081 shares to 664,908 shares.
This reduction in shares equates to a decrease of 1,521,173 shares.
The value of DNB Asset Management AS's SLB Limited holdings decreased from $27,653,000 to $8,420,000 during the reporting period.
This adjustment in investment strategy signifies a notable shift in DNB Asset Management AS's portfolio allocation concerning SLB Limited.
The filing with the Securities and Exchange Commission (SEC) details these changes in institutional investor holdings.
SLB Limited is a publicly traded company listed on the New York Stock Exchange under the ticker symbol SLB.
The reduction was disclosed in the firm's latest Form 13F filing.
This action reflects a strategic reallocation of assets by DNB Asset Management AS.
The specific reasons for this substantial divestment are not detailed in the provided information.
The reported change impacts the overall institutional ownership landscape for SLB Limited.
