15 largest shareholders

Shareholder Number of shares Percentage of votes and capital Verified
Backahill   11,220,751 18.59% 2025-10-29
WDP NV/SA   6,044,934 10.01% 2024-09-02
Länsförsäkringar Fonder   3,867,173 6.41% 2025-10-29
Swedbank Robur Fonder   2,760,306 4.57% 2025-10-29
Vanguard   1,999,668 3.31% 2025-09-30
SEB Funds   1,936,692  3.21% 2025-10-29
PGGM Pensioenfonds   1,777,021 2.94% 2025-10-29
Alecta Tjänstepension   1,719,454 2.85% 2025-10-29
BlackRock   1,536,036  2.54% 2025-10-31
Gustaf Hermelin   1,064,000 1.76% 2025-10-29
Fjärde AP-fonden   1,045,341 1.73% 2025-10-29
AFA Försäkring   1,043,766 1.73% 2025-10-29
Norges Bank Investment Management      981,166 1.63% 2025-06-30
APG Asset Management      831,678   1.38%  2025-06-30
Cliens Fonder      830,000   1.38%  2025-10-29
Total top-15  38,657,986 64.05%  
Others  21,702,118 35.95%   
 Total  60,360,104 100,0%  

(Source: Modular Finance Monitor, last updated 2025-10-31)


Ownership by geography

Country Number of shares Percentage of votes and capital Percentage of number of known shareholders
Sweden 33,506,371 55.51% 96.32%
USA 6,205,664 10.41%   0.53%
Belgium 6,194,301 10.26%   0.07%
The Netherlands 2,960,847 4.94%   0.08%
Norway 2,886,890 4.78%   0.46%
Others 4,341,457 7.37%   2.53%
Anonymous ownership 4,264,574 6.73%   0.01%
Total 60,360,104 100,0% 100,0%

(Source: Modular Finance Monitor, last updated 2025-10-31)

Ownership distribution by type

Type Number of shares        Percentage of votes and capital Percentage of known shareholders
Swedish institutional owners 18,365,606 30.43%   0.41%
Foreign institutional owners 16,425,601 27.55%   0.78%
Others 17,776,607 29.45%   4.95%
Swedish private individuals 3,527,911  5.84% 93.86%
Anonymous ownership 4,264,379 6.73%  
Total 60,360,104 100,0% 100,0%

(Source: Modular Finance Monitor, last updated 2025-10-31)

Concentration

Concentration Number of shares Percentage of votes and capital
The 10 largest owners 33,926,035 56.21%
The 20 largest owners 41,726,439 69.13%
The 30 largest owners 45,304,776 75.11%

(Source: Modular Finance Monitor, last updated 2025-10-31)