Largest shareholders

Here you can find the list of Nordea's largest shareholders. The list is updated at the beginning of every month. 

Largest registered shareholders of Nordea as of end of September 2026

OwnersNumber of shares, millionPercent of Nordea   
BlackRock197.0 5.8%
Vanguard154.2 4.5%
Nordea Fonden134.0 3.9%
Cevian Capital*106.5 3.1%
Norges Bank Investment Management*91.7 2.7%
Swedbank Robur Fonder73.4 2.2%
SEB Funds57.9 1.7%
Amundi49.9 1.5%
Nordea Funds37.3 1.1%
Varma Mutual Pension Insurance Company36.0 1.1%
Handelsbanken Fonder34.4 1.0%
Alecta Tjänstepension34.0 1.0%
State Street Investment Management32.3 0.9%
Ilmarinen Mutual Pension Insurance Company32.2 0.9%
DWS Investments25.7 0.8%
JPMorgan Asset Management24.9 0.7%
Fidelity Investments (FMR)24.7 0.7%
Nordea Vinstandelsstiftelse24.6 0.7%
Dimensional Fund Advisors19.0 0.6%
UBS Asset Management18.7 0.5%
Government of Japan Pension Investment Fund*18.1 0.5%
Fidelity International (FIL)18.0 0.5%
Elo Mutual Pension Insurance Company17.6 0.5%
Avanza Pension17.5 0.5%
M&G Investment Management17.2 0.5%
Others2,10661.9%
Total number of outstanding shares**3,403100%

* Latest disclosed

** Nordea cancels own shares acquired through share buy-backs regularly. For the latest information on changes in the total number of shares see here.

Treasury shares:
Nordea holds 0 treasury shares for capital optimisation purposes and 9,045,443 treasury shares for remuneration purposes (30.09.2026). More information on share amounts can be found here.                                                      

Disclaimer: This information is aggregated on a monthly basis by Modular Finance AB from various sources such as Euroclear, Morningstar, Finansinspektionen, Nasdaq and Millistream and may not reflect the actual holdings of the shareholder on the given date. For the latest information on changes in major shareholdings see here.