15 largest shareholders
| Shareholder | Number of shares | Percentage of votes and capital | Verified |
|---|---|---|---|
| Backahill | 11,220,751 | 18.59% | 2025-07-29 |
| WDP NV/SA | 6,044,934 | 10.01% | 2024-09-02 |
| Länsförsäkringar Fonder | 3,687,391 | 6.11% | 2025-07-29 |
| Swedbank Robur Fonder | 2,843,537 | 4.71% | 2025-07-29 |
| PGGM Pensioenfonds | 2,310,354 | 3.83% | 2025-07-29 |
| Vanguard | 1,921,201 | 3.18% | 2025-06-30 |
| SEB Funds | 1,902,821 | 3.15% | 2025-07-29 |
| Alecta Tjänstepension | 1,088,420 | 1.80% | 2025-07-29 |
| AFA Försäkring | 1,064,702 | 1.76% | 2025-07-29 |
| BlackRock | 1,064,175 | 1.76% | 2025-07-30 |
| Gustaf Hermelin | 1,064,000 | 1.76% | 2025-07-29 |
| Fjärde AP-fonden | 875,341 | 1.45% | 2025-07-29 |
| Norges Bank Investment Management | 860,353 | 1.43% | 2024-12-31 |
| Handelsbanken Fonder | 843,480 | 1.40% | 2025-06-30 |
| APG Asset Management | 837,953 | 1.39% | 2024-09-30 |
| Total top-15 | 37,629,413 | 62.34% | |
| Others | 22,730,691 | 37.66% | |
| Total | 60,360,104 | 100,0% |
(Source: Modular Finance Monitor, last updated 2025-07-31)
Ownership by geography
| Country | Number of shares | Percentage of votes and capital | Percentage of number of known shareholders |
|---|---|---|---|
| Sweden | 32,902,796 | 54.51% | 96.32% |
| USA | 5,959,648 | 10.00% | 0.53% |
| Belgium | 6,268,908 | 10.39% | 0.10% |
| The Netherlands | 3,437,074 | 5.73% | 0.09% |
| Norway | 2,860,623 | 4.74% | 0.48% |
| Others | 4,399,661 | 7.49% | 2.49% |
| Anonymous ownership | 4,531,394 | 7.15% | N/A |
| Total | 60,360,104 | 100,0% | 100,0% |
(Source: Modular Finance Monitor, last updated 2025-07-31)
Ownership distribution by type
| Type | Number of shares | Percentage of votes and capital | Percentage of known shareholders |
| Swedish institutional owners | 17,998,961 | 29.82% | 0.41% |
| Foreign institutional owners | 16,766,457 | 28.13% | 0.78% |
| Others | 17,748,296 | 29.40% | 4.89% |
| Swedish private individuals | 3,314,996 | 5.49% | 93.93% |
| Anonymous ownership | 4,531,394 | 7.15% | |
| Total | 60,360,104 | 100,0% | 100,0% |
(Source: Modular Finance Monitor, last updated 2025-07-31)
Concentration
| Concentration | Number of shares | Percentage of votes and capital |
| The 10 largest owners | 33,148,286 | 54.92% |
| The 20 largest owners | 40,965,009 | 67.87% |
| The 30 largest owners | 44,744,769 | 74.18% |
(Source: Modular Finance Monitor, last updated 2025-07-31)