OPULION
INVE B Nasdaq StockholmListed in SEKSEKOfficial websiteWebsitePrice on Yahoo FinanceYahoo

Value and financial structure

Reporting date

1 271 Bn SEK in gross assets4.1 % funded by borrowingthe share price 402.55 SEK against 397.00 SEK of net asset value per share (published premium 0.9 %)

Its largest holdings, as a share of gross assets as of Jun 30, 2026

  1. ABB21.9 %
  2. Atlas Copco12.9 %
  3. AstraZeneca7.4 %
All 71 named holdings, one by one

What you own

Reporting date|Out of total assets of1 271 331 M SEK

By type

Listed or unlisted, and in what form.

Gross assets

1 271 Bn SEK

at Jun 30, 2026

Pick a part to see what it holds.

Inside: or . Outside: the type of asset.

What the company owes

4.1 %debt-financedat Jun 30, 2026

Not debt-financed1 219 231 M SEK
Borrowed52 100 M SEK

Net debt, after cash: 23 300 M SEK

Published gearing, net debt to adjusted total assets: 1.9 % as at Jun 30, 2026.

Uncalled commitments to its funds: 26 125 M SEK as at Jun 30, 2026.

How this figure is calculated

Uncalled commitments are not borrowings: they are amounts the company has promised to its funds, which the funds draw as they invest. They are therefore not counted in the share financed by borrowing.

It relates net debt to adjusted total assets, rather than gross borrowings to gross assets: that is why it differs from the share above.

These borrowings are the investment company's own — the ones its published bridge to net asset value deducts. They cover the same perimeter as the gross assets the chart divides, so the share above really does measure how much of those assets is debt-financed.

Source: Interim report january june 2026 · Jul 16, 2026

By theme

What the companies held do, in fifteen themes.

Sorted by theme

95 %

of gross assets

Pick a theme to see its companies.

As a share of gross assets, on the lines whose weight the company publishes. Themes defined by Opulion, the same on every page, not by the company.

Company by company

Names as published, as of Jun 30, 2026 unless another date is shown.

71 named holdings: 24 with a weight, 22 listed. 1 is also held by another company followed on Opulion.

With their weight24

  • electrification and industrial automation

    listed
    14.6 %of capital
    21.9 %
  • compressors, tools and industrial equipment

    listedalso held byBrederodeScottish Mortgage
    17.1 %of capital
    12.9 %
  • global pharmaceutical company

    listed
    3.3 %of capital
    7.4 %
  • Swedish universal bank

    listed
    22.1 %of capital
    6.7 %
  • defense and military aerospace

    listed
    30.2 %of capital
    6.5 %
  • wound care and surgical products

    unlisted
    99.8 %of capital
    5.9 %
  • rare disease biopharma

    listed
    34.4 %of capital
    4.4 %
  • Epiroc

    mining and construction equipment

    listed
    17.1 %of capital
    4.3 %
  • asset management company

    listed
    14.9 %of capital
    4.0 %
  • stock exchange, data and financial software

    listed
    10.3 %of capital
    3.5 %
  • marine engines and power plants

    listed
    17.7 %of capital
    3.0 %
  • Ericsson

    telecommunications network equipment

    listed
    9.9 %of capital
    2.8 %

2

  • Affibody protein-based biopharma

  • digital health platform and care pathways

26

  • EQT Infrastructure III

    EQT infrastructure fund

    fund
    5.0 %of capital
  • EQT VII

    EQT buyout fund

    fund
    5.0 %of capital
  • EQT VIII

    EQT VIII private equity fund

    fund
    5.0 %of capital
  • EQT Infrastructure IV

    multi-sector infrastructure fund

    fund
    3.0 %of capital
  • EQT Infrastructure V

    EQT infrastructure fund

    fund
    3.0 %of capital
  • EQT Infrastructure VI

    infrastructure investment fund

    fund
    3.0 %of capital

8

11

  • Digitech

    billing and data for emergency services

    as at Dec 31, 2025
    99.0 %of capital
  • real estate park dedicated to health innovation

    as at Mar 31, 2026
    50.0 %of capital
  • Advanced Instruments

    analytical instruments for clinical and biopharma labs

    as at Dec 31, 2025
  • Bound Tree Medical

    distribution of emergency medical supplies

    as at Aug 10, 2026
  • defibrillators, training and rescue programs

    as at Aug 10, 2026
  • custom recombinant antibody production

    as at Dec 31, 2025

Open the full holdings detail →

What is it worth on the market?

Reporting date

The share price against net asset value per share.

Values shown in Swedish krona, SEK

397.00 SEK

the company's calculation

Share price

402.55 SEK

price used by the company at this date

0.9 %

the company's own figure, measured on the market value of both listed share classes, not on the single share above: hence the gap with the price and net asset value per share

Performance over time

Long term

Figures published by the company, over 5, 10 or 15 years, rebased to 100 at the start. Each point keeps its date and source; a missing year stays visible.

  • Shareholder return, dividends reinvestedannual approximation39 published points out of 39
  • MSCI ACWI world index, for market contextexact series114 published points out of 114
  • Net asset value, total returnannual approximation39 published points out of 39
Method and limits

Method: distributions within a calendar year are added up and reinvested at the 31 December closing price. With no ex-dates or intra-year prices available, the result is an annual approximation.

Series not shown

  • Investable benchmarkinvestable benchmark not yet legally available
View as a table

The same content as the figure, reachable by keyboard and without hovering.

View as a table
Year-endSeriesIndex, base 100Published levelSource
Cases covered
  • Share splits and reverse splitsnot yet covered
  • Special dividendshandled
  • Distributions in sharesnot yet covered
  • Subscription rightsnot yet covered
  • Share buybacks and cancellationshandled
  • Spin-offsnot yet covered
  • Change of listing currencyexcluded
  • Change of share classnot yet covered
  • Change in the share count used as denominatorhandled
  • Withholding tax, fees, gross versus netexcluded

Series source: Investor AB “Key Figures” export, updated on 16/07/2026

Latest reporting date: Jun 30, 2026.

The share price

Market

The share price, to read against the published net asset value above.

What it has returned

Reporting date

Against the same world benchmark for all.

Published performance,

World index in Swedish krona, SEK, per year

Company figures as of Jun 30, 2026 · world index as of Jun 30, 2026

1 year

  • +28.2 %
  • +46.1 %
  • +26.6 %checked against 3 ETFs

5 years

  • +14.8 %
  • +17.5 %
  • +14.1 %checked against 3 ETFscumulative +93.0 %

10 years

  • +21.6 %
  • +14.3 %checked against 3 ETFscumulative +279.6 %

Average return ; the follows below.

Method and sources

Each panel carries its own scale: lengths compare within a panel, never from one panel to the next.

A return is never converted from one currency to another: that would take the exchange rate move over the whole period, not the rate on one reporting date. The company's series are served in the issuer's currency only.

Every company covered is compared with the same benchmark, never with the index their own manager picked: a manager who picks his index also picks the bar he had to clear. This benchmark is not the MSCI ACWI itself, which belongs to MSCI and may not be redistributed. It is the median, recomputed by Opulion, of the net asset values published by three ETFs from three different managers tracking that index: iShares (IE00B6R52259), State Street SPDR (IE00B44Z5B48) and Amundi (LU1829220133). A single fund is never served on its own. Convention: last net asset value on a date at or before the reporting date, within a seven calendar day window; geometric annualisation over the nominal horizon; conversion at the European Central Bank reference rate of the day of the net asset value actually retained, a cross rate being an Opulion computation that is declared as such. The recomputation reproduces the performance each manager publishes for its own fund, to the second decimal, fifteen times out of twenty, and never departs from it by more than 0.04 point. Funds used: BlackRock, State Street and Amundi.

Converted at the reference rate of Jun 30, 2026, published by the European Central Bank. A cross rate is a computation, not a published figure: the ECB publishes rates against the euro only, and the other pairs are derived from two of them.

The news feed

Up to date as of

Our latest articles on this company

The whole journal

Upcoming publications

  • Oct 16, 2026Interim reportInterim Management Statement January-September 2026
  • Nov 4, 2026PresentationCapital Markets Update 2026, live at 13:00 CET
  • Nov 6, 2026Ex-dividend dateEx-date of the second dividend instalment
  • Nov 9, 2026DividendSecond dividend instalment: record date (SEK 1.60 per share)
  • Nov 12, 2026DividendSecond dividend instalment: payment of SEK 1.60 per share
  • Jan 22, 2027Annual reportYear-End Report 2026
  • Apr 20, 2027Interim reportInterim Management Statement January-March 2027
  • Jul 20, 2027Interim reportInterim Report January-June 2027

Getting to know Investor

Each answer links to its source.

  1. Who decides?

    The Knut and Alice Wallenberg Foundation, its largest shareholder, with 20.1 % of the capital and 43.0 % of the votes. The gap comes from its holding mostly A shares, which carry more voting rights than B shares.

    Source of card 1: investorab.com, opens in a new tab
  2. What does it own?

    Three pools: minority stakes in listed companies such as ABB and Atlas Copco, 76 % of its assets; unlisted companies, mostly wholly owned and grouped in Patricia Industries, such as Mölnlycke, 17 %. The rest sits in EQT and its funds.

    Source of card 2: investorab.com, opens in a new tab
  3. How does it choose its investments?

    It practises what it calls "engaged ownership". On the stock market it adds to its stakes "when we find valuations attractive", puts money in when its companies raise funds, and does not actively seek new listed holdings.

    Source of card 3: investorab.com, opens in a new tab
  4. How does it make money?

    When its companies succeed, they gain value and send it cash: dividends, or sale proceeds from EQT funds. Its costs come to 0.1 % a year of adjusted net asset value, what it owns, subsidiaries at estimated value, less debt.

    Source of card 4: investorab.com, opens in a new tab
  5. How are shareholders paid?

    Through a dividend the company aims to raise steadily: 5.60 SEK per share for the last financial year, paid in two instalments. It buys back shares only to hedge its long-term incentive plans, preferring to invest in its holdings.

    Source of card 5: investorab.com, opens in a new tab
  6. What sets it apart

    It co-founded EQT, a manager of funds that buy companies to sell them later, and it has invested in most of its funds. It also owns part of the manager itself, so it both invests in its funds and holds its shares.

    Source of card 6: investorab.com, opens in a new tab
1 of 6

Who runs it, and since when?

Management and what it costs

409 M SEK
0.1 %

Who controls the capital

Controlling shareholder's capital
20.1 %
Controlling shareholder's voting rights
43.0 %

How long they have been there

Tenure on the board and in management

  • Jacob Wallenberg· Chair of the Board of Directors, chair of the remuneration committee, member of the audit committee1998
  • Marcus Wallenberg· Vice Chair of the Board of Directors2012
  • Christian Cederholm· Director, Chief Executive Officer (CEO)2024
  • Katarina Berg· Director, member of the remuneration committee2024
  • Magdalena Gerger· Director, member of the audit committee2014
  • Sven Nyman· Director, member of the audit committee2021
  • Mats Rahmström· Director2024
  • Grace Reksten Skaugen· Director, chair of the audit committee2006
  • Hans Stråberg· Director, member of the remuneration committee2011
  • Fred Wallenberg· Director2025
  • Sara Öhrvall· Director2022
  • Jacob Lund· Member of the Executive Committee2023
19982005201220192026

Company facts

Value and financial structure

1 225 307M SEKMarket capitalisation, at Jun 30, 2026
1 085 862M SEKEquity attributable to owners of the Parent company, at Jun 30, 2026
23 300M SEKat Jun 30, 2026
397.00 SEKat Jun 30, 2026
Founded in
1916
Registered office
Stockholm, SE

Tested against the figures

  • 0.1 %Jun 30, 2026
  • 1.7 %Dec 31, 2025 (not the reporting date of this page)
  • 137 M SEKJun 30, 2026

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