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 March 2025

OwnersNumber of shares, millionPercent of Nordea   
 
BlackRock181.55.1 %
Norges Bank Investment Management174.85.0 %
Nordea-fonden153.94.4 %
Vanguard137.33.9 %
Cevian Capital124.9*3.6 %*
Swedbank Robur Funds61.81.8 %
Alecta Tjänstepension60.21.7 %
SEB Funds45.81.3 %
Varma Mutual Pension Insurance Company40.01.1 %
JP Morgan Asset Management36.81.1 %
Nordea Funds36.51.0 %
Handelsbanken Funds33.00.9 %
Amundi31.60.9 %
Ilmarinen Mutual Pension Insurance Company31.10.9 %
State Street Global Advisors29.50.8 %
Länsförsäkringar Funds26.30.8 %
Nordea Vinstandelsstiftelse25.50.7 %
TIAA - Teachers Advisors22.80.7 %
Dimensional Fund Advisors22.80.6 %
Fidelity Investments (FMR)22.60.6 %
DWS Investments22.50.6 %
Government of Japan Pension Investment Fund18.60.5 %
OP Life Assurance Company Ltd16.80.5 %
Northern Trust16.80.5 %
Avanza Pension16.50.5 %
Others2,10160.3%
Total number of outstanding shares**3,491100%

* 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 4,836,597 treasury shares for capital optimisation purposes and 10,300,012 treasury shares for remuneration purposes (31.3.2025). 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.