The 20 largest shareholders as at 31 December 2025*.
Shareholders
| Name | Number of shares | % of total shares | % of voting rights |
| The Stefan Persson family and related companies | 1,054,713,532** | 65.74 | 83.61 |
| The Lottie Tham family and related companies | 88,880,651 | 5.54 | 2.65 |
| AMF Fonder & Pension | 28,039,027 | 1.75 | 0.84 |
| Vanguard Funds | 21,748,598 | 1.36 | 0.65 |
| FJARDE AP-FONDEN | 19,259,489 | 1.20 | 0.57 |
| Blackrock | 18,867,899 | 1.18 | 0.56 |
| Nordea Funds AB | 14,104,404 | 0.88 | 0.42 |
| Handelsbanken Fonder AB | 13,715,939 | 0.85 | 0.41 |
| Avanza Fonder | 13,548,330 | 0.84 | 0.40 |
| Swedbank Robur Fonder AB | 10,480,904 | 0.65 | 0.31 |
| Folksam | 10,050,889 | 0.63 | 0.30 |
| Alecta Tjänstepension Ömsesidigt | 9,107,718 | 0.57 | 0.27 |
| Carnegie Fonder AB | 8,000,000 | 0.50 | 0.24 |
| SEB Investment Management AB | 6,454,908 | 0.40 | 0.19 |
| Länsförsäkringar Fondförvaltning AB | 5,740,656 | 0.36 | 0.17 |
| FORSTA AP-FONDEN | 5,314,340 | 0.33 | 0.16 |
| State Street Global Advisors | 4,986,811 | 0.31 | 0.15 |
| KÅPAN TJÄNSTEPENSIONSFÖRENING | 4,322,329 | 0.27 | 0.13 |
| H&M HENNES & MAURITZ AB | 4,269,500 | 0.27 | 0.13 |
| Ålandsbanken Abp (Finland), svensk filial | 4,161,832 | 0.26 | 0.12 |
| Holdings (%) | Vote (%) | ||
| Foreign owners | 9.42 | 4.50 | |
| Swedish owners | 90.58 | 95.50 | |
* Shares owned by foreign investors are sometimes registered through trustees, which means that owner identity is not obtainable from Euroclear Sweden AB.
** Where of 194,400,000 class A shares (ten votes per share).
Share capital: The share capital consists of 194,400,000 class “A” shares (ten votes per share) and 1,410,091,375 class “B” shares (one vote per share). There are no other differences between the rights of the shares. The total number of shares is 1,604,491,375.
Source: Euroclear Sweden AB and Morningstar via Euroclear Sweden AB.
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