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 June 2025

OwnersNumber of shares, millionPercent of Nordea   
 
BlackRock190.85.5 %
Norges Bank Investment Management173.55.0 %
Nordea Fonden151.54.4 %
Vanguard146.84.2 %
Cevian Capital*124.93.6 %
Swedbank Robur Fonder61.71.8 %
Alecta Tjänstepension47.71.4 %
SEB Funds44.01.3 %
Varma Mutual Pension Insurance Company40.01.2 %
Nordea Funds37.01.1 %
JP Morgan Asset Management34.61.0 %
Amundi33.51.0 %
Handelsbanken Fonder30.80.9 %
State Street Global Advisors29.20.8 %
Ilmarinen Mutual Pension Insurance Company27.10.8 %
Nordea Vinstandelsstiftelse25.50.7 %
Fidelity Investments (FMR)22.30.6 %
DWS Investments21.50.6 %
Dimensional Fund Advisors20.10.6 %
Government of Japan Pension Investment Fund18.60.5 %
OP Life Assurance Company Ltd16.50.5 %
Avanza Pension16.40.5 %
Northern Trust15.70.5 %
Goldman Sachs Asset Management15.60.4 %
Elo Mutual Pension Insurance Company14.40.4 %
Others2,11060.9%
Total number of outstanding shares**3,470100%

* 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 2,916,729 treasury shares for capital optimisation purposes and 10,299,096 treasury shares for remuneration purposes (30.06.2025). 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.