15 largest shareholders
| Shareholder | Number of shares | Percentage of votes and capital | Verified |
|---|---|---|---|
| Backahill | 12,342,845 | 18.59% | 2026-01-28 |
| WDP NV/SA | 6,649,138 | 10.01% | 2026-01-23 |
| Länsförsäkringar Fonder | 3,678,799 | 5.54% | 2026-01-28 |
| Swedbank Robur Fonder | 2,933,606 | 4.42% | 2026-01-28 |
| Alecta Tjänstepension | 2,192,642 | 3.30% | 2026-01-28 |
| SEB Funds | 2,064,274 | 3.11% | 2026-01-28 |
| Vanguard | 2,010,890 | 3.03% | 2025-12-31 |
| BlackRock | 1,566,427 | 2.36% | 2026-01-30 |
| Cliens Fonder | 1,242,376 | 1.87% | 2026-01-28 |
| PGGM Pensioenfonds | 1,212,882 | 1.83% | 2026-01-28 |
| AFA Försäkring | 1,174,966 | 1.77% | 2026-01-28 |
| Fjärde AP-fonden | 1,157,202 | 1.74% | 2026-01-28 |
| Gustaf Hermelin | 1,064,000 | 1.60% | 2026-01-28 |
| Norges Bank Investment Management | 970,856 | 1.46% | 2025-12-31 |
| APG Asset Management | 826,848 | 1.25% | 2025-09-30 |
| Total top-15 | 41,087,751 | 61.88% | |
| Others | 25,308,363 | 38.12% | |
| Total | 66,396,114 | 100,0% |
(Source: Modular Finance Monitor, last updated 2026-01-31)
Ownership by geography
| Country | Number of shares | Percentage of votes and capital | Percentage of number of known shareholders |
|---|---|---|---|
| Sweden | 36,025,601 | 54.54% | 96.19% |
| USA | 6,324,668 | 10.36% | 0.51% |
| Belgium | 6,787,505 | 10.24% | 0.08% |
| The Netherlands | 2,363,159 | 3.76% | 0.09% |
| Norway | 3,103,892 | 4.91% | 0.49% |
| Others | 4,584,596 | 7.63% | 2.65% |
| Anonymous ownership | 7,206,693 | 8.56% | 0.00% |
| Total | 66,396,114 | 100,0% | 100,0% |
(Source: Modular Finance Monitor, last updated 2026-01-31)
Ownership distribution by type
| Type | Number of shares | Percentage of votes and capital | Percentage of known shareholders |
| Swedish institutional owners | 19,843,541 | 30.17% | 0.43% |
| Foreign institutional owners | 16,393,090 | 26.70% | 0.82% |
| Others | 19,499,343 | 29.37% | 5.02% |
| Swedish private individuals | 3,453,447 | 5.20% | 93.73% |
| Anonymous ownership | 7,206,693 | 8.56% | 0.00% |
| Total | 66,396,114 | 100,0% | 100,0% |
(Source: Modular Finance Monitor, last updated 2026-01-31)
Concentration
| Concentration | Number of shares | Percentage of votes and capital |
| The 10 largest owners | 35,893,879 | 54.49% |
| The 20 largest owners | 44,270,788 | 67.63% |
| The 30 largest owners | 48,029,229 | 73.60% |
(Source: Modular Finance Monitor, last updated 2026-01-31)