Who is Sofina SA?
A Brussels-listed investment company, backed by a family, that puts patient capital into companies and funds.
Value and financial structure
12.9 Bn € in gross assets10.1 % funded by borrowingthe share price 222.60 € against 326.48 € of net asset value per share (published discount 32.0 %)
What you own
Reporting date|Out of total assets of12 911 M €
By type
Listed or unlisted, and in what form.
Gross assets
12.9 Bn €
at Jun 30, 2026
Pick a part to see what it holds.
Inside: or . Outside: the type of asset.
What the company owes
10.1 %debt-financedat Jun 30, 2026
Net debt, after cash: 219 M €
Published loan to value, on net debt: 1.9 % as at Jun 30, 2026.
How this figure is calculated
It divides net debt, after cash, by the value of the assets, rather than gross borrowings by 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: Sofina half year report 2026 · Sep 2, 2026
By theme
What the companies held do, in fifteen themes.
Named holdings
73
sorted into 12 themes
Pick a theme to see its companies.
By number of companies: the company does not publish the weight of each line, so the ring counts names, not amounts. Themes defined by Opulion, the same on every page, not by the company. The 55 funds held are counted separately: a fund is not a line of business.
The breakdown published by the company
By sector · Jun 30, 2026
- Digital transformation
- 36.0 %
- Consumer and retail
- 27.0 %
- Education
- 12.0 %
- Healthcare and life sciences
- 12.0 %
- Other
- 9.0 %
- Sustainable supply chains
- 4.0 %
Company by company
Names as published, as of Jun 30, 2026 unless another date is shown.
131 named holdings: none with a weight, 4 listed. 4 are also held by another company followed on Opulion.
76
natural cosmetics
49.0 %of capitaldisposable diapers and hygiene products
25.0 %of capitalmaterials and electrolytes for lithium-ion batteries
23.37 %of capitalinstitutional investment consulting
21.4 %of capital- Dott
shared electric scooters and bikes
20.37 %of capital - Creature Comforts
network of veterinary clinics in the UK
20.29 %of capital branded beverages and juices (Paper Boat)
17.49 %of capital- Eye Security
cybersecurity for European mid-sized companies
17.4 %of capital - Proeduca
online higher education
17.22 %of capital - Birdie
home care management software
16.19 %of capital - MedGenome
genomic diagnostics and research
15.52 %of capital food safety testing and certification
15.49 %of capitalbranded minimalist footwear
14.35 %of capital- Chapoutier
Rhône Valley wines
14.2 %of capital - Primer
payment orchestration for businesses
14.17 %of capital international network of private schools
14.06 %of capitalroad transport management software
13.8 %of capitalvertical business software
13.79 %of capitalprivate school management and services in India
13.02 %of capitalelectronic locks and access control
12.17 %of capital- BioFirst
biological crop protection and pollination
11.94 %of capital - The Whole Truth
branded healthy food in India
11.52 %of capital agritech platform offering services to farmers (India)
11.49 %of capital- Cleo AI
AI-powered financial assistant app
11.11 %of capital - Stream
earned wage access and employee savings
10.67 %of capital reimbursed nutrition consultations
10.4 %of capitalbranded eco-friendly cleaning products
10.18 %of capital- Cerealis
pasta, cereals and biscuits in Portugal
10.0 %of capital educational games for children
9.92 %of capitaldigital dietary coaching for obesity
9.33 %of capital- Ji Xiang Ju
Sichuan pickled vegetables and condiments
9.3 %of capital connected pet products
8.95 %of capitalonline grocery with delivery
8.44 %of capital- FirstClub
quality-first quick-commerce groceries in India
7.82 %of capital online brokerage and investment management
7.71 %of capitalintensive home and outpatient care
7.41 %of capitalonline beauty and nutrition retail
7.13 %of capitallending to micro and small businesses in India
6.67 %of capitalonline flash sales
6.63 %of capitalnews aggregator and short video in India
6.45 %of capitalLuxembourg listed investment company
6.07 %of capitalonline forms and survey software
5.92 %of capital- Xinyu
luxury watch distribution in China
4.9 %of capital - Laifen
hair dryers and small household appliances
4.58 %of capital metabolic digital health using a digital twin
4.23 %of capitalweb hosting and digital services for SMEs
3.98 %of capital- Carebridge
private hospital and clinics in Shanghai
3.95 %of capital broadband internet service provider in India
3.86 %of capitalcontract development and manufacturing of biologics
3.86 %of capitalinsurance-covered telepsychiatry
2.98 %of capitalsecond-hand fashion marketplace
2.88 %of capital- Moody
Chinese colored contact lens brand
2.85 %of capital data governance and cataloging
2.33 %of capital- XBOW
autonomous AI penetration testing
1.79 %of capital - 1.78 %of capital
enterprise data analytics software
1.74 %of capital- CRED
credit card bill payments and rewards in India
1.7 %of capital anti-food-waste app selling unsold food
1.67 %of capitalpayment solutions for merchants in India
1.46 %of capital- Zhuoyu Technology
driver assistance and autonomous driving systems
1.42 %of capital virtual care and health navigation for employers
1.36 %of capital- PostHog
product analytics for technical teams
1.29 %of capital in vitro diagnostics
1.0 %of capitaldata cybersecurity
0.98 %of capitaleyewear manufacturing and omnichannel retail
0.30 %of capital- Supabase
open-source database platform for developers
0.29 %of capital - Iconiq Strategic Partners III Co-Invest (Series RV)
Iconiq co-investment vehicle
0.26 %of capital generative AI models
0.25 %of capitalsocial networks and short video (TikTok, Douyin)
0.17 %of capitaldigital professional coaching for employees
- Hypershell
AI-powered wearable exoskeletons
coffee shop chain in Indonesia
virtual labs for science education
omnichannel retail of premium women's fashion in India
- ReeToo
AI-automated in vitro diagnostics
spatial genomics instruments
55
venture and growth capital fund
generalist venture capital fund
- Archipelago
alternative investment fund (Ares)
- Ascendent
private equity manager in Asia
seed-stage venture capital fund in Berlin
European technology venture capital fund
- Bain
Bain Capital private equity fund
technology venture and growth capital fund
- Bessemer
venture capital fund (Bessemer Venture Partners)
- Bling
seed-stage venture capital fund (Bling Capital)
- Blossom
venture capital fund (Blossom Capital)
technology growth fund (BOND)
private equity fund in India
venture capital fund (Draper Fisher Jurvetson)
technology growth equity fund (DST Global)
- Felix
venture capital fund (Felix Capital)
generalist technology venture capital fund
venture capital fund (Foundry Group)
technology-focused private equity
growth equity manager
venture and growth capital fund
- Genesis
- Highland
venture and growth capital fund (Highland)
Chinese venture capital fund
Iconiq growth fund
- Insight Partners
venture capital fund (Insight Partners)
technology growth equity fund
healthcare private equity fund in India
private equity fund in India
venture capital fund (Kleiner Perkins)
- Lightspeed
Lightspeed venture capital fund
deep tech venture capital fund (Lux Capital)
- Lyfe
healthcare-dedicated investment fund (Lyfe Capital)
- Multiples
Indian private equity fund (Multiples)
technology and healthcare venture capital fund
venture capital fund (Northzone)
B2B software venture capital fund
India and Southeast Asia venture capital fund
- Phoenix Court
venture capital fund (LocalGlobe, Latitude)
crypto-asset-focused venture capital fund
- Redpoint
venture capital fund (Redpoint)
fintech-focused venture capital fund
- Sequoia Capital
Sequoia venture capital fund
- Singular
European venture capital fund (Paris)
- Source Code
Chinese venture capital fund (Source Code Capital)
venture capital fund (Spark Capital)
growth equity fund (Summit Partners)
growth private equity manager
US venture capital fund
software-focused private equity
venture capital fund (Thrive Capital)
venture and growth capital fund
- Trustbridge
growth equity fund in China
technology and healthcare venture capital fund
The news feed
Up to date as of
Our latest articles on this company
The whole journalSpaceX adds USD1.11 billion a month of hosted compute: what it means for three listed holdings
The new contract does more than change SpaceX's revenue mix. It asks Scottish Mortgage, US Growth and Sofina shareholders to look beyond rockets and Starlink.
Anthropic and Accenture commit at least USD2 billion to testing AI from the inside
An external evaluator will be able to observe model design and deployment. For three listed holdings exposed to Anthropic, the test is whether that access becomes real oversight or merely another compliance cost.
ByteDance tops $120 billion of half-year revenue: why it matters to Scottish Mortgage, Sofina and SoftBank
TikTok is accelerating, but artificial intelligence is squeezing profit. Three listed investment companies reach ByteDance through three very different routes.
Upcoming publications
- Jan 20, 2027Press releaseNewsletter no. 19
- Mar 24, 2027Annual reportAnnual report 2026, as at 31/12/2026
- May 13, 2027Annual general meetingAnnual general meeting 2027, 15:00
- Jul 22, 2027Press releaseNewsletter no. 20
- Sep 2, 2027Half-year reportHalf-year report 2027, as at 30/06/2027
What it has returned
Reporting date
Against the same world benchmark for all.
Published performance,
World index in euro, EUR, per year
Company figures as of Dec 31, 2025 · world index as of Dec 31, 2025
1 year
- −0,8 %
- +8,2 %checked against 3 ETFs
3 years
- +4,2 %
- +16,9 %checked against 3 ETFscumulative +59,5 %
5 years
- +4,1 %
- +12,2 %checked against 3 ETFscumulative +77,9 %
10 years
- +8,4 %
- +10,8 %checked against 3 ETFscumulative +179,4 %
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.
What is it worth on the market?
Reporting date
The share price against net asset value per share.
Values shown in euro, EUR
326.48 €
the company's calculation
Share price
222.60 €
price used by the company at this date
32.0 %
the company's own figure, not recomputed; the direction is the price against the same-date net asset value
Performance over time
Long termFigures 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.
Rebased to 100 at the first year
Chart rendered with Lightweight Charts, created by TradingView
- Share price, excluding dividendsexact series16 published points out of 16
- MSCI ACWI world index, for market contextexact series181 published points out of 181
- Net asset value per share, excluding dividendsexact series16 published points out of 16
Method and limits
Series not shown
- Shareholder return, dividends reinvesteddistributions incomplete over the periodmissing payments: 2011, 2012, 2013, 2014, 2015 (financial years 2010, 2011, 2012, 2013, 2014)
- Net asset value, total returndistributions incomplete over the periodmissing payments: 2011, 2012, 2013, 2014, 2015 (financial years 2010, 2011, 2012, 2013, 2014)
- Investable benchmarkinvestable benchmark not yet legally available
View as a table
The same content as the figure, reachable by keyboard and without hovering.
| Year-end | Series | Index, base 100 | Published level | Source |
|---|---|---|---|---|
| Dec 31, 2010 | Share price, excluding dividends | 100.0 | 68.80 | Published by the company |
| Dec 31, 2011 | Share price, excluding dividends | 86.5 | 59.50 | Published by the company |
| Dec 31, 2012 | Share price, excluding dividends | 99.6 | 68.50 | Published by the company |
| Dec 31, 2013 | Share price, excluding dividends | 120.3 | 82.80 | Published by the company |
| Dec 31, 2014 | Share price, excluding dividends | 126.3 | 86.90 | Published by the company |
| Dec 31, 2015 | Share price, excluding dividends | 150.3 | 103.40 | Published by the company |
| Dec 31, 2016 | Share price, excluding dividends | 182.3 | 125.40 | Published by the company |
| Dec 31, 2017 | Share price, excluding dividends | 190.7 | 131.20 | Published by the company |
| Dec 31, 2018 | Share price, excluding dividends | 241.0 | 165.80 | Published by the company |
| Dec 31, 2019 | Share price, excluding dividends | 279.9 | 192.60 | Published by the company |
| Dec 31, 2020 | Share price, excluding dividends | 402.6 | 277.00 | Published by the company |
| Dec 31, 2021 | Share price, excluding dividends | 627.9 | 432.00 | Published by the company |
| Dec 31, 2022 | Share price, excluding dividends | 298.8 | 205.60 | Published by the company |
| Dec 31, 2023 | Share price, excluding dividends | 327.6 | 225.40 | Published by the company |
| Dec 31, 2024 | Share price, excluding dividends | 317.4 | 218.40 | Published by the company |
| Dec 31, 2025 | Share price, excluding dividends | 359.0 | 247.00 | Published by the company |
| Dec 31, 2010 | MSCI ACWI world index, for market context | 100.0 | 46.62 | Published by iShares, a fund tracking the index |
| Jan 31, 2011 | MSCI ACWI world index, for market context | 101.3 | 47.21 | Published by iShares, a fund tracking the index |
| Feb 28, 2011 | MSCI ACWI world index, for market context | 104.4 | 48.67 | Published by iShares, a fund tracking the index |
| Mar 31, 2011 | MSCI ACWI world index, for market context | 104.0 | 48.48 | Published by iShares, a fund tracking the index |
| Apr 29, 2011 | MSCI ACWI world index, for market context | 108.3 | 50.49 | Published by iShares, a fund tracking the index |
| May 31, 2011 | MSCI ACWI world index, for market context | 106.0 | 49.42 | Published by iShares, a fund tracking the index |
| Jun 30, 2011 | MSCI ACWI world index, for market context | 103.1 | 48.07 | Published by iShares, a fund tracking the index |
| Jul 29, 2011 | MSCI ACWI world index, for market context | 101.1 | 47.15 | Published by iShares, a fund tracking the index |
| Aug 31, 2011 | MSCI ACWI world index, for market context | 93.7 | 43.68 | Published by iShares, a fund tracking the index |
| Sep 30, 2011 | MSCI ACWI world index, for market context | 84.9 | 39.56 | Published by iShares, a fund tracking the index |
| Oct 31, 2011 | MSCI ACWI world index, for market context | 94.2 | 43.90 | Published by iShares, a fund tracking the index |
| Nov 30, 2011 | MSCI ACWI world index, for market context | 91.7 | 42.75 | Published by iShares, a fund tracking the index |
| Dec 30, 2011 | MSCI ACWI world index, for market context | 90.3 | 42.11 | Published by iShares, a fund tracking the index |
| Jan 31, 2012 | MSCI ACWI world index, for market context | 95.5 | 44.54 | Published by iShares, a fund tracking the index |
| Feb 29, 2012 | MSCI ACWI world index, for market context | 100.2 | 46.71 | Published by iShares, a fund tracking the index |
| Mar 30, 2012 | MSCI ACWI world index, for market context | 101.1 | 47.11 | Published by iShares, a fund tracking the index |
| Apr 30, 2012 | MSCI ACWI world index, for market context | 100.0 | 46.60 | Published by iShares, a fund tracking the index |
| May 31, 2012 | MSCI ACWI world index, for market context | 90.9 | 42.36 | Published by iShares, a fund tracking the index |
| Jun 29, 2012 | MSCI ACWI world index, for market context | 94.0 | 43.84 | Published by iShares, a fund tracking the index |
| Jul 31, 2012 | MSCI ACWI world index, for market context | 95.2 | 44.40 | Published by iShares, a fund tracking the index |
| Aug 31, 2012 | MSCI ACWI world index, for market context | 97.4 | 45.39 | Published by iShares, a fund tracking the index |
| Sep 28, 2012 | MSCI ACWI world index, for market context | 100.4 | 46.81 | Published by iShares, a fund tracking the index |
| Oct 31, 2012 | MSCI ACWI world index, for market context | 99.8 | 46.54 | Published by iShares, a fund tracking the index |
| Nov 30, 2012 | MSCI ACWI world index, for market context | 101.1 | 47.14 | Published by iShares, a fund tracking the index |
| Dec 31, 2012 | MSCI ACWI world index, for market context | 102.3 | 47.69 | Published by iShares, a fund tracking the index |
| Jan 31, 2013 | MSCI ACWI world index, for market context | 107.0 | 49.89 | Published by iShares, a fund tracking the index |
| Feb 28, 2013 | MSCI ACWI world index, for market context | 107.0 | 49.88 | Published by iShares, a fund tracking the index |
| Mar 28, 2013 | MSCI ACWI world index, for market context | 108.9 | 50.78 | Published by iShares, a fund tracking the index |
| Apr 30, 2013 | MSCI ACWI world index, for market context | 112.0 | 52.22 | Published by iShares, a fund tracking the index |
| May 31, 2013 | MSCI ACWI world index, for market context | 111.8 | 52.12 | Published by iShares, a fund tracking the index |
| Jun 30, 2013 | MSCI ACWI world index, for market context | 107.2 | 49.96 | Published by iShares, a fund tracking the index |
| Jul 31, 2013 | MSCI ACWI world index, for market context | 112.2 | 52.33 | Published by iShares, a fund tracking the index |
| Aug 31, 2013 | MSCI ACWI world index, for market context | 109.9 | 51.22 | Published by iShares, a fund tracking the index |
| Sep 30, 2013 | MSCI ACWI world index, for market context | 115.5 | 53.86 | Published by iShares, a fund tracking the index |
| Oct 31, 2013 | MSCI ACWI world index, for market context | 120.2 | 56.06 | Published by iShares, a fund tracking the index |
| Nov 30, 2013 | MSCI ACWI world index, for market context | 122.1 | 56.91 | Published by iShares, a fund tracking the index |
| Dec 31, 2013 | MSCI ACWI world index, for market context | 123.1 | 57.41 | Published by iShares, a fund tracking the index |
| Jan 31, 2014 | MSCI ACWI world index, for market context | 118.1 | 55.08 | Published by iShares, a fund tracking the index |
| Feb 28, 2014 | MSCI ACWI world index, for market context | 124.0 | 57.79 | Published by iShares, a fund tracking the index |
| Mar 31, 2014 | MSCI ACWI world index, for market context | 124.6 | 58.08 | Published by iShares, a fund tracking the index |
| Apr 30, 2014 | MSCI ACWI world index, for market context | 125.9 | 58.68 | Published by iShares, a fund tracking the index |
| May 30, 2014 | MSCI ACWI world index, for market context | 128.6 | 59.97 | Published by iShares, a fund tracking the index |
| Jun 30, 2014 | MSCI ACWI world index, for market context | 129.3 | 60.28 | Published by iShares, a fund tracking the index |
| Jul 31, 2014 | MSCI ACWI world index, for market context | 127.7 | 59.53 | Published by iShares, a fund tracking the index |
| Aug 29, 2014 | MSCI ACWI world index, for market context | 130.5 | 60.85 | Published by iShares, a fund tracking the index |
| Sep 30, 2014 | MSCI ACWI world index, for market context | 126.4 | 58.92 | Published by iShares, a fund tracking the index |
| Oct 31, 2014 | MSCI ACWI world index, for market context | 127.3 | 59.37 | Published by iShares, a fund tracking the index |
| Nov 28, 2014 | MSCI ACWI world index, for market context | 129.6 | 60.41 | Published by iShares, a fund tracking the index |
| Dec 31, 2014 | MSCI ACWI world index, for market context | 126.0 | 58.75 | Published by iShares, a fund tracking the index |
| Jan 30, 2015 | MSCI ACWI world index, for market context | 124.1 | 57.87 | Published by iShares, a fund tracking the index |
| Feb 27, 2015 | MSCI ACWI world index, for market context | 131.0 | 61.05 | Published by iShares, a fund tracking the index |
| Mar 31, 2015 | MSCI ACWI world index, for market context | 128.9 | 60.11 | Published by iShares, a fund tracking the index |
| Apr 30, 2015 | MSCI ACWI world index, for market context | 132.6 | 61.82 | Published by iShares, a fund tracking the index |
| May 29, 2015 | MSCI ACWI world index, for market context | 132.3 | 61.68 | Published by iShares, a fund tracking the index |
| Jun 30, 2015 | MSCI ACWI world index, for market context | 127.7 | 59.53 | Published by iShares, a fund tracking the index |
| Jul 31, 2015 | MSCI ACWI world index, for market context | 128.8 | 60.04 | Published by iShares, a fund tracking the index |
| Aug 31, 2015 | MSCI ACWI world index, for market context | 119.8 | 55.87 | Published by iShares, a fund tracking the index |
| Sep 30, 2015 | MSCI ACWI world index, for market context | 115.6 | 53.89 | Published by iShares, a fund tracking the index |
| Oct 30, 2015 | MSCI ACWI world index, for market context | 124.9 | 58.21 | Published by iShares, a fund tracking the index |
| Nov 30, 2015 | MSCI ACWI world index, for market context | 123.8 | 57.73 | Published by iShares, a fund tracking the index |
| Dec 31, 2015 | MSCI ACWI world index, for market context | 120.0 | 55.96 | Published by iShares, a fund tracking the index |
| Jan 29, 2016 | MSCI ACWI world index, for market context | 113.0 | 52.69 | Published by iShares, a fund tracking the index |
| Feb 29, 2016 | MSCI ACWI world index, for market context | 112.3 | 52.34 | Published by iShares, a fund tracking the index |
| Mar 31, 2016 | MSCI ACWI world index, for market context | 120.5 | 56.20 | Published by iShares, a fund tracking the index |
| Apr 29, 2016 | MSCI ACWI world index, for market context | 122.4 | 57.04 | Published by iShares, a fund tracking the index |
| May 31, 2016 | MSCI ACWI world index, for market context | 122.5 | 57.09 | Published by iShares, a fund tracking the index |
| Jun 30, 2016 | MSCI ACWI world index, for market context | 120.3 | 56.07 | Published by iShares, a fund tracking the index |
| Jul 29, 2016 | MSCI ACWI world index, for market context | 125.3 | 58.43 | Published by iShares, a fund tracking the index |
| Aug 31, 2016 | MSCI ACWI world index, for market context | 125.8 | 58.63 | Published by iShares, a fund tracking the index |
| Sep 30, 2016 | MSCI ACWI world index, for market context | 126.5 | 58.98 | Published by iShares, a fund tracking the index |
| Oct 31, 2016 | MSCI ACWI world index, for market context | 124.4 | 58.00 | Published by iShares, a fund tracking the index |
| Nov 30, 2016 | MSCI ACWI world index, for market context | 125.5 | 58.50 | Published by iShares, a fund tracking the index |
| Dec 30, 2016 | MSCI ACWI world index, for market context | 127.0 | 59.22 | Published by iShares, a fund tracking the index |
| Jan 31, 2017 | MSCI ACWI world index, for market context | 130.4 | 60.81 | Published by iShares, a fund tracking the index |
| Feb 28, 2017 | MSCI ACWI world index, for market context | 134.1 | 62.50 | Published by iShares, a fund tracking the index |
| Mar 31, 2017 | MSCI ACWI world index, for market context | 135.7 | 63.27 | Published by iShares, a fund tracking the index |
| Apr 28, 2017 | MSCI ACWI world index, for market context | 137.8 | 64.26 | Published by iShares, a fund tracking the index |
| May 31, 2017 | MSCI ACWI world index, for market context | 141.1 | 65.77 | Published by iShares, a fund tracking the index |
| Jun 30, 2017 | MSCI ACWI world index, for market context | 140.2 | 65.34 | Published by iShares, a fund tracking the index |
| Jul 31, 2017 | MSCI ACWI world index, for market context | 144.1 | 67.16 | Published by iShares, a fund tracking the index |
| Aug 31, 2017 | MSCI ACWI world index, for market context | 144.6 | 67.43 | Published by iShares, a fund tracking the index |
| Sep 29, 2017 | MSCI ACWI world index, for market context | 147.5 | 68.78 | Published by iShares, a fund tracking the index |
| Oct 31, 2017 | MSCI ACWI world index, for market context | 150.6 | 70.22 | Published by iShares, a fund tracking the index |
| Nov 30, 2017 | MSCI ACWI world index, for market context | 153.6 | 71.62 | Published by iShares, a fund tracking the index |
| Dec 29, 2017 | MSCI ACWI world index, for market context | 154.8 | 72.15 | Published by iShares, a fund tracking the index |
| Jan 31, 2018 | MSCI ACWI world index, for market context | 163.5 | 76.23 | Published by iShares, a fund tracking the index |
| Feb 28, 2018 | MSCI ACWI world index, for market context | 156.8 | 73.08 | Published by iShares, a fund tracking the index |
| Mar 29, 2018 | MSCI ACWI world index, for market context | 153.2 | 71.43 | Published by iShares, a fund tracking the index |
| Apr 30, 2018 | MSCI ACWI world index, for market context | 154.8 | 72.17 | Published by iShares, a fund tracking the index |
| May 31, 2018 | MSCI ACWI world index, for market context | 155.1 | 72.32 | Published by iShares, a fund tracking the index |
| Jun 29, 2018 | MSCI ACWI world index, for market context | 152.6 | 71.16 | Published by iShares, a fund tracking the index |
| Jul 31, 2018 | MSCI ACWI world index, for market context | 157.3 | 73.31 | Published by iShares, a fund tracking the index |
| Aug 31, 2018 | MSCI ACWI world index, for market context | 158.6 | 73.93 | Published by iShares, a fund tracking the index |
| Sep 28, 2018 | MSCI ACWI world index, for market context | 159.3 | 74.28 | Published by iShares, a fund tracking the index |
| Oct 31, 2018 | MSCI ACWI world index, for market context | 147.5 | 68.75 | Published by iShares, a fund tracking the index |
| Nov 30, 2018 | MSCI ACWI world index, for market context | 149.6 | 69.74 | Published by iShares, a fund tracking the index |
| Dec 31, 2018 | MSCI ACWI world index, for market context | 137.7 | 64.19 | Published by iShares, a fund tracking the index |
| Jan 31, 2019 | MSCI ACWI world index, for market context | 148.6 | 69.30 | Published by iShares, a fund tracking the index |
| Feb 28, 2019 | MSCI ACWI world index, for market context | 152.6 | 71.15 | Published by iShares, a fund tracking the index |
| Mar 29, 2019 | MSCI ACWI world index, for market context | 154.5 | 72.05 | Published by iShares, a fund tracking the index |
| Apr 30, 2019 | MSCI ACWI world index, for market context | 159.8 | 74.49 | Published by iShares, a fund tracking the index |
| May 31, 2019 | MSCI ACWI world index, for market context | 150.3 | 70.06 | Published by iShares, a fund tracking the index |
| Jun 28, 2019 | MSCI ACWI world index, for market context | 158.1 | 73.71 | Published by iShares, a fund tracking the index |
| Jul 31, 2019 | MSCI ACWI world index, for market context | 158.6 | 73.94 | Published by iShares, a fund tracking the index |
| Aug 30, 2019 | MSCI ACWI world index, for market context | 154.9 | 72.22 | Published by iShares, a fund tracking the index |
| Sep 30, 2019 | MSCI ACWI world index, for market context | 158.2 | 73.73 | Published by iShares, a fund tracking the index |
| Oct 31, 2019 | MSCI ACWI world index, for market context | 162.5 | 75.75 | Published by iShares, a fund tracking the index |
| Nov 29, 2019 | MSCI ACWI world index, for market context | 166.4 | 77.58 | Published by iShares, a fund tracking the index |
| Dec 31, 2019 | MSCI ACWI world index, for market context | 170.2 | 79.36 | Published by iShares, a fund tracking the index |
| Jan 31, 2020 | MSCI ACWI world index, for market context | 168.3 | 78.46 | Published by iShares, a fund tracking the index |
| Feb 28, 2020 | MSCI ACWI world index, for market context | 154.7 | 72.13 | Published by iShares, a fund tracking the index |
| Mar 31, 2020 | MSCI ACWI world index, for market context | 133.8 | 62.40 | Published by iShares, a fund tracking the index |
| Apr 30, 2020 | MSCI ACWI world index, for market context | 148.1 | 69.03 | Published by iShares, a fund tracking the index |
| May 29, 2020 | MSCI ACWI world index, for market context | 154.8 | 72.16 | Published by iShares, a fund tracking the index |
| Jun 30, 2020 | MSCI ACWI world index, for market context | 158.4 | 73.83 | Published by iShares, a fund tracking the index |
| Jul 31, 2020 | MSCI ACWI world index, for market context | 166.7 | 77.73 | Published by iShares, a fund tracking the index |
| Aug 31, 2020 | MSCI ACWI world index, for market context | 177.0 | 82.50 | Published by iShares, a fund tracking the index |
| Sep 30, 2020 | MSCI ACWI world index, for market context | 171.3 | 79.84 | Published by iShares, a fund tracking the index |
| Oct 30, 2020 | MSCI ACWI world index, for market context | 167.1 | 77.90 | Published by iShares, a fund tracking the index |
| Nov 30, 2020 | MSCI ACWI world index, for market context | 187.7 | 87.52 | Published by iShares, a fund tracking the index |
| Dec 31, 2020 | MSCI ACWI world index, for market context | 194.9 | 90.88 | Published by iShares, a fund tracking the index |
| Jan 29, 2021 | MSCI ACWI world index, for market context | 194.1 | 90.47 | Published by iShares, a fund tracking the index |
| Feb 26, 2021 | MSCI ACWI world index, for market context | 198.5 | 92.54 | Published by iShares, a fund tracking the index |
| Mar 31, 2021 | MSCI ACWI world index, for market context | 203.9 | 95.04 | Published by iShares, a fund tracking the index |
| Apr 30, 2021 | MSCI ACWI world index, for market context | 212.7 | 99.16 | Published by iShares, a fund tracking the index |
| May 28, 2021 | MSCI ACWI world index, for market context | 215.9 | 100.66 | Published by iShares, a fund tracking the index |
| Jun 30, 2021 | MSCI ACWI world index, for market context | 217.3 | 101.29 | Published by iShares, a fund tracking the index |
| Jul 30, 2021 | MSCI ACWI world index, for market context | 218.7 | 101.96 | Published by iShares, a fund tracking the index |
| Aug 31, 2021 | MSCI ACWI world index, for market context | 223.9 | 104.40 | Published by iShares, a fund tracking the index |
| Sep 30, 2021 | MSCI ACWI world index, for market context | 214.5 | 99.98 | Published by iShares, a fund tracking the index |
| Oct 29, 2021 | MSCI ACWI world index, for market context | 225.8 | 105.27 | Published by iShares, a fund tracking the index |
| Nov 30, 2021 | MSCI ACWI world index, for market context | 220.5 | 102.79 | Published by iShares, a fund tracking the index |
| Dec 31, 2021 | MSCI ACWI world index, for market context | 226.7 | 105.71 | Published by iShares, a fund tracking the index |
| Jan 31, 2022 | MSCI ACWI world index, for market context | 216.6 | 100.98 | Published by iShares, a fund tracking the index |
| Feb 28, 2022 | MSCI ACWI world index, for market context | 209.8 | 97.82 | Published by iShares, a fund tracking the index |
| Mar 31, 2022 | MSCI ACWI world index, for market context | 213.9 | 99.74 | Published by iShares, a fund tracking the index |
| Apr 29, 2022 | MSCI ACWI world index, for market context | 196.8 | 91.76 | Published by iShares, a fund tracking the index |
| May 31, 2022 | MSCI ACWI world index, for market context | 197.8 | 92.21 | Published by iShares, a fund tracking the index |
| Jun 30, 2022 | MSCI ACWI world index, for market context | 179.8 | 83.81 | Published by iShares, a fund tracking the index |
| Jul 29, 2022 | MSCI ACWI world index, for market context | 192.3 | 89.65 | Published by iShares, a fund tracking the index |
| Aug 31, 2022 | MSCI ACWI world index, for market context | 184.5 | 86.02 | Published by iShares, a fund tracking the index |
| Sep 30, 2022 | MSCI ACWI world index, for market context | 166.9 | 77.81 | Published by iShares, a fund tracking the index |
| Oct 31, 2022 | MSCI ACWI world index, for market context | 177.2 | 82.62 | Published by iShares, a fund tracking the index |
| Nov 30, 2022 | MSCI ACWI world index, for market context | 192.3 | 89.65 | Published by iShares, a fund tracking the index |
| Dec 30, 2022 | MSCI ACWI world index, for market context | 182.2 | 84.93 | Published by iShares, a fund tracking the index |
| Jan 31, 2023 | MSCI ACWI world index, for market context | 195.6 | 91.20 | Published by iShares, a fund tracking the index |
| Feb 28, 2023 | MSCI ACWI world index, for market context | 189.4 | 88.32 | Published by iShares, a fund tracking the index |
| Mar 31, 2023 | MSCI ACWI world index, for market context | 195.7 | 91.22 | Published by iShares, a fund tracking the index |
| Apr 28, 2023 | MSCI ACWI world index, for market context | 198.6 | 92.57 | Published by iShares, a fund tracking the index |
| May 31, 2023 | MSCI ACWI world index, for market context | 196.5 | 91.59 | Published by iShares, a fund tracking the index |
| Jun 30, 2023 | MSCI ACWI world index, for market context | 205.7 | 95.92 | Published by iShares, a fund tracking the index |
| Jul 31, 2023 | MSCI ACWI world index, for market context | 213.0 | 99.30 | Published by iShares, a fund tracking the index |
| Aug 31, 2023 | MSCI ACWI world index, for market context | 206.9 | 96.48 | Published by iShares, a fund tracking the index |
| Sep 29, 2023 | MSCI ACWI world index, for market context | 198.3 | 92.44 | Published by iShares, a fund tracking the index |
| Oct 31, 2023 | MSCI ACWI world index, for market context | 192.9 | 89.93 | Published by iShares, a fund tracking the index |
| Nov 30, 2023 | MSCI ACWI world index, for market context | 210.3 | 98.05 | Published by iShares, a fund tracking the index |
| Dec 29, 2023 | MSCI ACWI world index, for market context | 218.3 | 101.77 | Published by iShares, a fund tracking the index |
| Jan 31, 2024 | MSCI ACWI world index, for market context | 219.0 | 102.11 | Published by iShares, a fund tracking the index |
| Feb 29, 2024 | MSCI ACWI world index, for market context | 229.0 | 106.76 | Published by iShares, a fund tracking the index |
| Mar 31, 2024 | MSCI ACWI world index, for market context | 236.2 | 110.12 | Published by iShares, a fund tracking the index |
| Apr 30, 2024 | MSCI ACWI world index, for market context | 227.9 | 106.24 | Published by iShares, a fund tracking the index |
| May 31, 2024 | MSCI ACWI world index, for market context | 238.1 | 111.01 | Published by iShares, a fund tracking the index |
| Jun 28, 2024 | MSCI ACWI world index, for market context | 240.9 | 112.31 | Published by iShares, a fund tracking the index |
| Jul 31, 2024 | MSCI ACWI world index, for market context | 244.9 | 114.16 | Published by iShares, a fund tracking the index |
| Aug 30, 2024 | MSCI ACWI world index, for market context | 251.1 | 117.05 | Published by iShares, a fund tracking the index |
| Sep 30, 2024 | MSCI ACWI world index, for market context | 256.6 | 119.61 | Published by iShares, a fund tracking the index |
| Oct 31, 2024 | MSCI ACWI world index, for market context | 251.0 | 117.01 | Published by iShares, a fund tracking the index |
| Nov 29, 2024 | MSCI ACWI world index, for market context | 260.9 | 121.62 | Published by iShares, a fund tracking the index |
| Dec 31, 2024 | MSCI ACWI world index, for market context | 251.9 | 117.45 | Published by iShares, a fund tracking the index |
| Jan 31, 2025 | MSCI ACWI world index, for market context | 260.2 | 121.31 | Published by iShares, a fund tracking the index |
| Feb 28, 2025 | MSCI ACWI world index, for market context | 259.3 | 120.88 | Published by iShares, a fund tracking the index |
| Mar 31, 2025 | MSCI ACWI world index, for market context | 249.4 | 116.28 | Published by iShares, a fund tracking the index |
| Apr 30, 2025 | MSCI ACWI world index, for market context | 251.3 | 117.16 | Published by iShares, a fund tracking the index |
| May 30, 2025 | MSCI ACWI world index, for market context | 265.7 | 123.86 | Published by iShares, a fund tracking the index |
| Jun 30, 2025 | MSCI ACWI world index, for market context | 275.9 | 128.62 | Published by iShares, a fund tracking the index |
| Jul 31, 2025 | MSCI ACWI world index, for market context | 278.7 | 129.93 | Published by iShares, a fund tracking the index |
| Aug 29, 2025 | MSCI ACWI world index, for market context | 286.2 | 133.41 | Published by iShares, a fund tracking the index |
| Sep 30, 2025 | MSCI ACWI world index, for market context | 296.8 | 138.36 | Published by iShares, a fund tracking the index |
| Oct 31, 2025 | MSCI ACWI world index, for market context | 303.1 | 141.31 | Published by iShares, a fund tracking the index |
| Nov 28, 2025 | MSCI ACWI world index, for market context | 303.2 | 141.37 | Published by iShares, a fund tracking the index |
| Dec 31, 2025 | MSCI ACWI world index, for market context | 303.4 | 141.45 | Published by iShares, a fund tracking the index |
| Dec 31, 2010 | Net asset value per share, excluding dividends | 100.0 | 106.98 | Published by the company |
| Dec 31, 2011 | Net asset value per share, excluding dividends | 94.5 | 101.12 | Published by the company |
| Dec 31, 2012 | Net asset value per share, excluding dividends | 101.6 | 108.69 | Published by the company |
| Dec 31, 2013 | Net asset value per share, excluding dividends | 113.8 | 121.75 | Published by the company |
| Dec 31, 2014 | Net asset value per share, excluding dividends | 129.0 | 138.02 | Published by the company |
| Dec 31, 2015 | Net asset value per share, excluding dividends | 144.8 | 154.89 | Published by the company |
| Dec 31, 2016 | Net asset value per share, excluding dividends | 149.0 | 159.43 | Published by the company |
| Dec 31, 2017 | Net asset value per share, excluding dividends | 160.5 | 171.75 | Published by the company |
| Dec 31, 2018 | Net asset value per share, excluding dividends | 181.6 | 194.28 | Published by the company |
| Dec 31, 2019 | Net asset value per share, excluding dividends | 212.1 | 226.90 | Published by the company |
| Dec 31, 2020 | Net asset value per share, excluding dividends | 247.3 | 264.59 | Published by the company |
| Dec 31, 2021 | Net asset value per share, excluding dividends | 315.8 | 337.86 | Published by the company |
| Dec 31, 2022 | Net asset value per share, excluding dividends | 261.2 | 279.41 | Published by the company |
| Dec 31, 2023 | Net asset value per share, excluding dividends | 255.8 | 273.62 | Published by the company |
| Dec 31, 2024 | Net asset value per share, excluding dividends | 291.4 | 311.77 | Published by the company |
| Dec 31, 2025 | Net asset value per share, excluding dividends | 285.8 | 305.77 | Published by the company |
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: Sofina “Key figures” page, read on 09/08/2026
Latest reporting date: Dec 31, 2025.
The share price
MarketThe share price, to read against the published net asset value above.
Getting to know Sofina
Each answer links to its source.
Who decides?
Three companies led by Union Financière Boël, bound by a concert agreement, meaning they vote together. They hold 54.6 % of the capital, more than half: no general meeting resolution passes without them.
Sourcesofinagroup.comWhat does it own?
Two pockets of similar size, almost entirely unlisted. Directly, 5 862 M € of stakes, including ByteDance, the Chinese internet group and its largest position, and the Cognita private school network. Then 5 969 M € in venture capital funds run by third parties.
Sourcesofinagroup.comHow does it choose its investments?
It stays a minority shareholder and usually seeks a board seat. It looks for a proven business model, "a closely held and aligned shareholder base" and founders still at work. Its permanent capital, with no maturity date, lets it hold for a long time.
Sourcesofinagroup.comHow does it make money?
When its holdings grow in value. Its portfolio is revalued every six months at fair value, the price a buyer would pay: up 8.1 % over the last half-year. The gain is cashed in on a sale, as with Salto, whose disposal has been signed.
Sourcesofinagroup.comHow are shareholders paid?
Through a dividend, 3.66 € gross per share for the last financial year, which the company describes as stable and regularly raised for decades. Its share buyback programmes serve to cover the stock options granted to its staff.
Sourcesofinagroup.comWhat sets it apart
It also invests as a fund subscriber: since the late seventies, it has entrusted money to venture capital funds run by other managers. This lasting tie lets it co-invest, taking direct stakes alongside those managers in the companies their funds back.
Sourcesofinagroup.com
Who runs it, and since when?
Management and what it costs
- −35.8 M €
- Not published at this reporting date
Who controls the capital
- Controlling shareholder's capital
- 54.6 %
How long they have been there
Tenure on the board and in management
- Charlotte Strömberg· Chair of the Board2026
- Catherine Soubie· Vice Chair of the Board2026
- Harold Boël· Director, Chief Executive Officer (CEO)2004
- Laura Cioli· Independent director2018
- Laurent de Meeûs d'Argenteuil· Director2015
- Felix Goblet d'Alviella· Director2023
- Anja Langenbucher· Independent director2018
- Charles Peugeot· Independent director2026
- Michèle Sioen· Independent director2016
- Leslie Teo· Independent director2023
- Union Financière Boël SA· Director2026
- Rajeev Vasudeva· Independent director2023
- Gwill York· Independent director2018
- Dominique Lancksweert· Honorary President2026
- Xavier Coirbay· Managing Director1992
- Amélie Lagache· Managing Director2014
- Maxence Tombeur· Managing Director2008
- Edward Koopman· Managing Director2015
- Giulia Van Waeyenberge· Managing Director2010
Company facts
Value and financial structure
- 7 864M €Market capitalisation, at Jun 30, 2026, calculated by Opulion
- 11 534M €group's share, at Jun 30, 2026
- 219M €at Jun 30, 2026
- 326.48 €at Jun 30, 2026
- Founded in
- 1898
- Registered office
- Bruxelles, BE
- Headcount
- 83 the holding alone
- Headcount as at
- Dec 31, 2025 (not the reporting date of this page)
Tested against the figures
- 1.6 %Jun 30, 2026
- 51.3 M €Jun 30, 2026
- Weight of the top ten holdings27 %Jun 30, 2026