The asset manager of Norway’s largest bank just made big changes in its U.S.-traded stock portfolio.
DNB Asset Management nearly tripled its holdings in videogame maker Activision Blizzard (ticker: ATVI), doubled an investment in electric-vehicle maker Lucid Group (LCID), and slashed positions in legacy auto makers General Motors (GM) and Ford Motor (F) in the second quarter. DNB disclosed the stock trades, among others, in a form it filed with the Securities and Exchange Commission.
DNB…
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