Largest registered shareholders of Nordea as of end of December 2025
| Owners | Number of shares, million | Percent of Nordea |
|---|---|---|
| BlackRock | 190.5 | 5.5% |
| Norges Bank Investment Management | 171.6 | 5.0% |
| Vanguard | 151.2 | 4.4% |
| Nordea-fonden | 139.5 | 4.1% |
| Cevian Capital* | 124.9 | 3.6% |
| Swedbank Robur Fonder | 67.4 | 2.0% |
| SEB Funds | 48.4 | 1.4% |
| Alecta Tjänstepension | 47.4 | 1.4% |
| Amundi | 40.1 | 1.2% |
| Varma Mutual Pension Insurance Company | 40.0 | 1.2% |
| Nordea Funds | 35.6 | 1.0% |
| JPMorgan Asset Management | 33.0 | 1.0% |
| State Street Investment Management | 32.0 | 0.9% |
| Ilmarinen Mutual Pension Insurance Company | 28.9 | 0.8% |
| Handelsbanken Fonder | 26.3 | 0.8% |
| Nordea Vinstandelsstiftelse | 24.9 | 0.7% |
| Fidelity Investments (FMR) | 23.9 | 0.7% |
| DWS Investments | 22.3 | 0.6% |
| Goldman Sachs Asset Management | 19.0 | 0.5% |
| Dimensional Fund Advisors | 18.2 | 0.5% |
| Avanza Pension | 17.5 | 0.5% |
| Government of Japan Pension Investment Fund | 17.7 | 0.5% |
| OP Life Assurance Company Ltd | 15.9 | 0.5% |
| UBS Asset Management | 15.8 | 0.5% |
| Northern Trust Asset Management | 14.5 | 0.4% |
| Others | 2,067 | 60.3% |
| Total number of outstanding shares** | 3,434 | 100% |
* 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 2,526,341 treasury shares for capital optimisation purposes and 10,299,096 treasury shares for remuneration purposes (30.12.2025). 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.