15 largest shareholders
| Shareholder | Number of shares | Percentage of votes and capital | Verified |
|---|---|---|---|
| Backahill | 12,342,845 | 18.59% | 2026-02-25 |
| WDP NV/SA | 6,649,138 | 10.01% | 2026-01-23 |
| Länsförsäkringar Fonder | 3,550,047 | 5.35% | 2026-02-25 |
| Swedbank Robur Fonder | 2,912,134 | 4.39% | 2026-02-25 |
| Alecta Tjänstepension | 2,192,642 | 3.30% | 2026-02-25 |
| SEB Funds | 2,045,555 | 3.08% | 2026-02-25 |
| Vanguard | 2,038,907 | 3.07% | 2026-01-31 |
| BlackRock | 1,612,160 | 2.43% | 2026-02-27 |
| PGGM Pensioenfonds | 1,177,313 | 1.77% | 2026-02-25 |
| AFA Försäkring | 1,174,966 | 1.77% | 2026-02-25 |
| Cliens Fonder | 1,162,376 | 1.75% | 2026-02-25 |
| Fjärde AP-fonden | 1,157,202 | 1.74% | 2026-02-25 |
| Gustaf Hermelin | 1,064,000 | 1.60% | 2026-02-25 |
| Norges Bank Investment Management | 970,856 | 1.46% | 2025-12-31 |
| APG Asset Management | 826,848 | 1.25% | 2025-09-30 |
| Total top-15 | 40,876,989 | 61.57% | |
| Others | 25,519,125 | 38.43% | |
| Total | 66,396,114 | 100,0% |
(Source: Modular Finance Monitor, last updated 2026-02-28)
Ownership by geography
| Country | Number of shares | Percentage of votes and capital | Percentage of number of known shareholders |
|---|---|---|---|
| Sweden | 35,735,931 | 53.87% | 96.20% |
| USA | 6,640,886 | 10.30% | 0.53% |
| Belgium | 6,790,099 | 10.24% | 0.08% |
| The Netherlands | 2,294,203 | 3.63% | 0.09% |
| Norway | 3,063,672 | 4.76% | 0.46% |
| Others | 4,866,898 | 7.78% | 2.64% |
| Anonymous ownership | 7,004,425 | 9.42% | 0.01% |
| Total | 66,396,114 | 100,0% | 100,0% |
(Source: Modular Finance Monitor, last updated 2026-02-28)
Ownership distribution by type
| Type | Number of shares | Percentage of votes and capital | Percentage of known shareholders |
| Swedish institutional owners | 19,555,654 | 29.50% | 0.43% |
| Foreign institutional owners | 16,886,951 | 26.51% | 0.86% |
| Others | 19,497,525 | 29.37% | 4.98% |
| Swedish private individuals | 3,451,754 | 5.20% | 93.73% |
| Anonymous ownership | 7,004,230 | 9.42% | 0.00% |
| Total | 66,396,114 | 100,0% | 100,0% |
(Source: Modular Finance Monitor, last updated 2026-02-28)
Concentration
| Concentration | Number of shares | Percentage of votes and capital |
| The 10 largest owners | 35,695,707 | 53.78% |
| The 20 largest owners | 44,187,531 | 66.87% |
| The 30 largest owners | 47,897,341 | 72.76% |
(Source: Modular Finance Monitor, last updated 2026-02-28)