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 May 2026

OwnersNumber of shares, millionPercent of Nordea   
BlackRock203.26.0%
Norges Bank Investment Management162.74.7%
Vanguard152.94.5%
Nordea-fonden134.03.9%
Cevian Capital *106.53.1%
Swedbank Robur Fonder71.72.1%
SEB Funds55.61.6%
Amundi46.91.4%
Alecta Tjänstepension41.91.2%
Varma Mutual Pension Insurance Company36.01.1%
Handelsbanken Fonder35.81.1%
Nordea Funds35.21.0%
JPMorgan Asset Management31.10.9%
Ilmarinen Mutual Pension Insurance Company30.40.9%
State Street Investment Management29.60.9%
DWS Investments25.30.7%
Nordea Vinstandelsstiftelse24.70.7%
Fidelity Investments (FMR)24.50.7%
Goldman Sachs Asset Management19.20.6%
Dimensional Fund Advisors18.40.5%
Avanza Pension17.70.5%
UBS Asset Management17.50.5%
Government of Japan Pension Investment Fund17.70.5%
Fidelity International (FIL)17.20.5%
OP Life Assurance Company Ltd16.30.5%
Others2,03159.8%
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 (31.05.2026). 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.