DnB Asset Management AS Acquires 6.61% Stake in Peloton Interactive, Inc.

On May 14, 2026, DnB Asset Management AS filed a Schedule 13G with the SEC, reporting a significant new ownership stake in Peloton Interactive, Inc. (PTON). As of the event date on March 31, 2026, the Oslo-based investment adviser disclosed beneficial ownership of 22,685,343 shares of Class A Common Stock. This position represents approximately 6.61% of the company's total shares outstanding. According to the filing, DnB Asset Management AS maintains sole voting and dispositive power over the entirety of these shares. The acquisition marks a substantial increase from a previous holding of zero, indicating a major new institutional entry into the fitness technology company. The filing was made under Rule 13d-1(b), certifying that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. This move positions DnB Asset Management as a major institutional shareholder in Peloton.