DNB Asset Management AS, a Norway-based investment adviser, filed an amended beneficial ownership statement with the SEC on November 13, 2026, reporting a 9.7% stake in Peloton Interactive, Inc. (NASDAQ:PTON) Class A Common Stock as of September 30, 2026.

Key Highlights

  • Filer: DNB Asset Management AS, organized in Norway and classified as an investment adviser in the filing.
  • Shares beneficially owned: 41,792,037 shares of Peloton Interactive Class A Common Stock, representing 9.7% of the class.
  • Voting and dispositive power: DNB Asset Management AS reported sole voting power and sole dispositive power over all 41,792,037 shares, with no shared power reported.
  • Triggering date: The event requiring the filing occurred on September 30, 2026.
  • Amendment number: This is Amendment No. 2 to a prior filing covering the same security and issuer.
  • Certification: The filer certified that the shares "were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer."

DNB Asset Management's Reported Position in Peloton Class A Shares

According to the filing, DNB Asset Management AS, headquartered at Dronning Eufemias Gate 30, 0191 Oslo, Norway, reported beneficial ownership of 41,792,037 shares of Peloton Interactive Class A Common Stock (CUSIP 70614W100, par value $0.000025 per share). The filing identifies DNB Asset Management AS as an investment adviser. Peloton Interactive, Inc. is a connected fitness company whose principal executive offices are located at 441 Ninth Avenue, 6th Floor, New York, NY 10001, according to the filing.

The filing states that DNB Asset Management AS holds sole voting power and sole dispositive power over the full 41,792,037 shares, with zero shares subject to shared voting or shared dispositive power. The aggregate amount represents 9.7% of the outstanding Class A Common Stock, as reported by the filer. The statement was signed by Jens Kildal, Head of Reporting, on November 13, 2026.

This submission is designated Amendment No. 2, indicating that DNB Asset Management AS had previously filed ownership reports covering the same class of Peloton Interactive securities. The triggering event date is listed as September 30, 2026, which the filing identifies as the date of the event requiring the statement.

What Was Disclosed

DNB Asset Management AS, a Norwegian investment adviser, disclosed beneficial ownership of 41,792,037 shares of Peloton Interactive Class A Common Stock, equal to 9.7% of the class, with sole voting and dispositive power over all reported shares, as of September 30, 2026.