Our investments are divided into three business areas, Listed Companies, Patricia Industries and Investments in EQT.

  • 74%

    Share of adjusted assets, Q3 2026

    Listed Companies

    We own significant minority stakes in our listed companies and are typically the largest shareholder. This creates a solid base for engaged ownership, with long-term value creation as the guiding principle.

  • 19%

    Share of adjusted assets, Q3 2026

    Patricia Industries

    Patricia Industries' key focus is to invest in and develop wholly-owned companies with long-term growth potential. The vision is to be a great home for great companies.

  • 7%

    Share of adjusted assets, Q3 2026

    Investments in EQT

    Our investments in EQT AB and EQT Funds.

Listed Companies

ABB

ABB

A leader in electrification, motion, robotics, and process automation, serving a broad range of end-markets

Our view

With its innovative offering, ABB is well positioned to capture growth opportunities from increased electrification, automation and digitalization of industry. Focus going forward is on investments to capture long-term growth opportunities, as well as continued execution of the strategy based on simplification and decentralization.

Company facts

Registered Office
Zürich, Switzerland
Listed
Zürich, Stockholm and New York
Business Area
Listed Companies
Investment year
1925

Ownership capital/votes (%)

14.6/14.6

Share of total assets (%)

20

Investor board representation

  • Mats Rahmström

  • Johan Forssell

AstraZeneca

AstraZeneca

A global biopharmaceutical company focused on delivering innovative treatments

Our view

A global biopharmaceutical company focused on delivering innovative treatments to patients, with several fast-growing products within oncology, cardiovascular and rare diseases, and a leading position in emerging markets. Strong R&D productivity, successful commercialization of new treatments and maintained leadership in emerging markets, are crucial for long-term value creation.

Company facts

Registered Office
London, UK
Listed
London, New York, Stockholm
Business Area
Listed Companies
Investment year
1924

Ownership capital/votes (%)

3.3/3.3

Share of total assets (%)

7

Investor board representation

  • Marcus Wallenberg

Atlas Copco

Field technician at work

A leader in sustainable productivity solutions such as compressors, vacuum solutions, generators, pumps, power tools and assembly systems

Our view

A leader in sustainable productivity solutions such as compressors, pumps, advanced industrial tools and assembly solutions. Atlas Copco operates in attractive niches with good growth potential. Its decentralized organization and service business are key strengths. Focus on profitable growth, and investments in innovation and digitalization across all business areas, are key drivers for future value creation.

Company facts

Registered Office
Stockholm, Sweden
Listed
Stockholm, Sweden
Business Area
Listed Companies
Investment year
1916

Ownership capital/votes (%)

17.1/22.3

Share of total assets (%)

13

Investor board representation

  • Hans Stråberg (Chair)

  • Johan Forssell

Electrolux Group

Electrolux

A leading global appliance company reinventing taste, care and wellbeing experiences

Our view

As a sustainability leader in the global appliances industry, Electrolux benefits from an asset-light business model and strong brand positioning. To create long-term value, the company focuses on regaining market share, improving profitability and cash flow generation. Electrolux is implementing a simplified organizational structure to increase speed and agility.

Company facts

Registered Office
Stockholm, Sweden
Listed
Stockholm, Sweden
Business Area
Listed Companies
Investment year
1956

Ownership capital/votes (%)

18.5/31.8

Share of total assets (%)

0,3

Investor board representation

  • Petra Hedengran

  • Daniel Nodhäll

Electrolux Professional Group

Electrolux Professional Group

A leading global provider of food service, beverage and laundry solutions for professional users

Our view

A leading global provider of food service, beverage and laundry solutions for professional users, with strong positions in markets with solid demand growth and healthy profitability. Investing in products and go-to-market while continuing to strengthen operational performance, are key value drivers going forward.

Company facts

Registered Office
Stockholm, Sweden
Listed
Stockholm, Sweden
Business Area
Listed Companies
Investment year
2020

Ownership capital/votes (%)

20.4/32.3

Share of total assets (%)

0.2

Investor board representation

  • Daniel Nodhäll

Epiroc

Epiroc

A leading supplier of equipment, service and solutions to the mining and infrastructure industries

Our view

Epiroc is a supplier of equipment, services and solutions to the mining and infrastructure industries. It operates a well-proven operating model with significant aftermarket revenues and industry-leading profitability. Continued investments in innovation, automation, and electrification are essential for creating future value.

Company facts

Registered Office
Stockholm, Sweden
Listed
Stockholm, Sweden
Business Area
Listed Companies
Investment year
2018

Ownership capital/votes (%)

17.1/22.7

Share of total assets (%)

4

Investor board representation

  • Johan Forssell

  • Fredric Stahl

Ericsson

Ericsson cell tower

A leading provider of technology enabling communications service providers and enterprises to capture the full value of connectivity

Our view

Ericsson is a leader in telecom network equipment and services and is at the technology forefront driving innovation in mobile networks. Looking ahead, continued investments in technology and cost leadership in mobile networks, and building a sustainable business in the enterprise segment, are essential.

Company facts

Registered Office
Stockholm, Sweden
Listed
Stockholm, Sweden
Business Area
Listed Companies
Investment year
1950

Ownership capital/votes (%)

9.9/24.8

Share of total assets (%)

2

Investor board representation

  • Jacob Wallenberg (Vice Chair)

  • Christian Cederholm

Husqvarna Group

Husqvarna Group

A leading manufacturer of innovative products and solutions for forest, park and garden management

Our view

With leading positions in attractive niches within forest and garden management, including the fast-growing robotic lawn mower category, as well as light construction, Husqvarna is well positioned to deliver profitable growth. Near-term, strengthening operational performance is critical. At the same time investing in new technology and commercial capabilities to drive growth, while continuing to manage the shift away from products using fossil-based fuels, are key value drivers.

Company facts

Registered Office
Jönköping, Sweden
Listed
Stockholm, Sweden
Business Area
Listed Companies
Investment year
2006

Ownership capital/votes (%)

16.8/33.9

Share of total assets (%)

0.3

Investor board representation

  • Daniel Nodhäll

Nasdaq

Nasdaq

A leading global provider of financial markets infrastructure, technology and information services

Our view

Nasdaq is a global provider of financial markets infrastructure, technology, index and data services with a strong position as a trusted partner to the financial ecosystem. Continued investments and customer-centric innovation to drive profitable organic growth combined with disciplined capital allocation are key drivers for long-term value creation.

Company facts

Registered Office
New York, U.S
Listed
New York, Stockholm
Business Area
Listed Companies
Investment year
2011

Ownership capital/votes (%)

10.5/10.5

Share of total assets (%)

4

Investor board representation

  • Johan Torgeby

Saab

Saab

A provider of world-leading products, services and solutions from military defense to civil security

Our view

A provider of high-tech defense products, services and solutions, well positioned to continue to capture attractive opportunities in niches of the global defense market. Delivering the record backlog and continued investments in capacity and future capabilities are crucial for creating long-term value.

Company facts

Registered Office
Stockholm, Sweden
Listed
Stockholm, Sweden
Business Area
Listed Companies
Investment year
1937

Ownership capital/votes (%)

30.2/39.7

Share of total assets (%)

8

Investor board representation

  • Marcus Wallenberg (Chair)

  • Sebastian Tham

SEB

Person holding a payment card next to a card reader terminal

A leading Nordic financial services group with strong corporate and private customer relationships

Our view

A leading northern European financial services group with deep customer relationships, well positioned to serve corporate clients in the Nordics and selected northern European countries. Maintaining a strong focus on risk management and compliance is crucial. Driving operational efficiency and better customer experiences using new technology, including AI, as well as supporting clients with capital and best-in-class advisory, are key for future value creation.

Company facts

Registered Office
Stockholm, Sweden
Listed
Stockholm, Sweden
Business Area
Listed Companies
Investment year
1916

Ownership capital/votes (%)

22.0/22.0

Share of total assets (%)

8

Investor board representation

  • Marcus Wallenberg (Chair)

Sobi

Sobi

A specialized international biopharmaceutical company, transforming the lives of people with rare diseases

Our view

A specialized biopharmaceutical company, transforming the lives  of people with rare diseases. Sobi has an attractive product portfolio and a strong platform for long-term growth. Sustaining the strong market position in haemophilia, developing products into new indications and further broadening the portfolio through acquisitions are key for future value creation.

Company facts

Registered Office
Stockholm, Sweden
Listed
Stockholm, Sweden
Business Area
Listed Companies
Investment year
2009

Ownership capital/votes (%)

34.4/34.4

Share of total assets (%)

4

Investor board representation

  • Filippa Stenberg

Wärtsilä

Wartsila

A global leader in innovative technologies and lifecycle solutions for the marine and energy markets

Our view

Wärtsilä has attractive market positions in the marine and energy industries and offers a broad range of products to customers including power, propulsion, and lifecycle solutions, while enabling the transition to a greener economy. To stay at the forefront, focus is on capturing growth opportunities, including the green transition, within both the shipping and energy markets.

Company facts

Registered Office
Helsinki, Finland
Listed
Helsinki, Finland
Business Area
Listed Companies
Investment year
2012

Ownership capital/votes (%)

17.7/17.7

Share of total assets (%)

3

Investor board representation

  • Tom Johnstone, CBE (Chair)

  • Johan Forssell

  • Building towers

    Strategy and business model

    Learn more about our ownership philosophy, our strategic pillars and how we create long-term value.

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  • Climat and resource

    Sustainability

    Learn more about our sustainability priorities, targets and how we create long-term value through responsible ownership.

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  • Our leadership

    Our leadership

    Our results ultimately depend on the people in our organization and in our network.

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