Investor Remains Sweden’s Most Popular Stock
Investor B has cemented its position as the favorite stock among Swedish retail investors, with more than 525,000 people holding the investment company’s shares through broker Avanza, according to Placera.
Investor A also ranks among the most widely held stocks, with over 100,000 owners.
Ownership does not necessarily track performance. Investor B has risen 23.8 percent this year and Investor A 22.5 percent, but several less-owned stocks have performed better: SSAB B is up 42.3 percent with just over 100,000 owners, and Volvo B has gained 23.5 percent with under half of Investor’s shareholder base.
Conversely, Axfood, down 15.7 percent, still retains over 100,000 owners, showing loyalty to familiar names.
Swedish banks and industrial firms dominate the top list, including Swedbank, Handelsbanken, Saab and Nibe.
Nvidia is the top foreign stock, with 106,000 owners despite gaining less than 2 percent, while Novo Nordisk has 103,000 owners and is up nearly 3 percent.
