contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
      researchContentUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Investor is a Swedish investment and holding company that manages shareholdings and wholly owned companies through long-term ownership and active board involvement. The company invests in listed companies, unlisted businesses and private equity funds, and collaborates with management teams to create value in markets internationally. Investor was founded in 1916 and is headquartered in Stockholm, Sweden.

Investor AB topped up on EQT AB shares for the second time this year already: https://www.marketscreener.com/news/major-shareholder-investor-acquires-eqt-shares-for-sek-319-million-ce7e5cdddf88ff27

Investor increases its stake in EQT by 2.3 million shares. At the same time, the incoming Chairman of the Board bought shares for 760 million SEK. EQT has fallen from the 370 SEK level to below 300 SEK over the last few weeks, apparently as part of this global software slump. I also jumped on board with EQT today. https://www.marketscreener.com/news/investor-acquires-eqt-shares-for-sek-657-million-ce7e5adeda81fe23

Bloomberg also has a video on the topic today. Duration 11 min.

Tärkeimmät talousuutiset | Kauppalehti – 1 Feb 26              Ruotsissa pidätetään henkeä, kun Wallenbergit nostavat uutta sukupolvea valtaan    Wallenbergien viides sukupolvi lähestyy eläkeikää, ja uusia kasvoja on viime kuukausina nostettu suvun yhtiöihin avainpaikoille. Historia kutsuu mahtisuvun mallia ”veren meritokratiaksi”.                             In recent months, there has been quiet movement within the family. The current fifth-generation leadership is approaching retirement age, and new faces have been elevated to key positions in the family’s companies.

I wonder why there are even other investments besides Investor   Year-end report 2025 2026-01-22 08:15 GMT+01 “Many of the market conditions defining 2025 - currency headwinds, increased tariffs, cautious demand and unpredictable geopolitics - are likely to persist during 2026. Our key responsibility is to engage closely with our companies, being a demanding, yet supportive owner.” Christian Cederholm  President & CEO of Investor Highlights during the fourth quarter  Adjusted net asset value (NAV) amounted to SEK 1,087.1bn (SEK 355 per share) on December 31, 2025, a change of SEK 59.1bn, or 6 percent, with dividend added back, during the quarter. Total shareholder return amounted to 13 percent, compared to 6 percent for the SIXRX return index. For 2025, adjusted net asset value growth amounted to 14 percent and total shareholder return to 15 percent, compared to 13 percent for the SIXRX. Listed Companies generated a total return of 6 percent. For 2025, the total return amounted to 22 percent. Based on estimated market values, the total return for Patricia Industries, including cash, amounted to 1 percent (1 percent excluding cash), driven by earnings growth and multiple expansion, offset by negative currency impact. For 2025, the total return amounted to -9 percent (-10 percent excluding cash). Within Patricia Industries, reported sales growth for the major subsidiaries amounted to -5 percent. Organic growth in constant currency amounted to 5 percent. Reported EBITA declined by 9 percent and adjusted EBITA declined by 6 percent, impacted by negative currency effects and costs related to restructuring. Mölnlycke reported organic sales growth of 3 percent in constant currency, with Wound Care growing 5 percent. The profit margin increased, driven by lower cost and product mix, partly offset by negative currency impact, and tariff costs. The value change of Investments in EQT was 8 percent. Total net cash flow to Investor amounted to SEK 1,215m. For 2025, the value change amounted to 15 percent and the net cash flow to Investor was SEK -2,351m, including the SEK 4,492m investment in Fortnox. Leverage was 2.1 percent as of December 31, 2025 (1.2 percent as of December 31, 2024). Gross cash amounted to SEK 27,119m and the average maturity of Investor AB’s debt portfolio was 9.2 years. For fiscal year 2025, the Board of Directors proposes a dividend per share of SEK 5.60 (5.20) to be paid in two installments, SEK 4.00 in May, 2026, and SEK 1.60 in November, 2026.   And the full 2025 report:           vp053.alertir.com              202601219397-1.pdf    551.60 KB

Good points, and I’ll add a few of my own. In my opinion, Investor waits for opportunities quite patiently, much like Buffett. The portfolio grows quite steadily; it’s just sometimes a bit hard to notice since investments are made through Patricia and EQT. But as an example, in 2025 Investor AB invested in Foxnox through EQT via the EQT X fund. The company acts as an anchor investor in the fund. I don’t know if Investor’s funds were increased in the fund at that stage, but the investment was made regardless. As another example, Wärtsilä joined the portfolio in 2011. The company has made additional investments in Atlas Copco and Ericsson. But the optimistic valuation of many companies was well-highlighted there, so Investor might also be moving quite cautiously. During my own time as an investor, there was a situation where the company invested more in SAAB when it was in trouble, and that investment bothered me a bit because the company’s performance didn’t look very good. Now, it doesn’t seem like such a bad move.

Steady buying would work excellently with Investor. If investing more at once, good moments have at least been those when the stock market is nervous. That scale issue is interesting. Investor says they are targeting an 8% annual total return. Even that wouldn’t be too shabby. It’s easy to be a bit skeptical about whether this previous (and quite amazing!) 15% level can be maintained when the company doubles its size another two or three times. At least if we believe Berkshire’s example, the pace might steadily fade. It would be interesting to see how they approach the situation behind the scenes and what is written in the playbook.

Investor

Today, Investor publishes the Annual report 2025, including the Sustainability report, outlining our continued focus on long-term value creation through Performance, Portfolio and People. Investor...

Today, Investor publishes the Annual report 2025, including the Sustainability report, outlining our continued focus on long-term value creation through Performance, Portfolio and People. Investor's portfolio companies performed strongly in 2025, resulting in adjusted net asset value growth of 14 percent and a total shareholder return of 15 percent. During the year, the portfolio also delivered on its 2030 sustainability target, reducing scope 1 and 2 emissions by 74 percent compared with the 2016 base year. In the Annual Report, Chair of the Board Jacob Wallenberg describes a new world order marked by complexity and unpredictability-and this new reality calls for decisive action - from all of us, from our companies, and across Sweden, the Nordics and Europe. "Investor, and the companies in which we are owners, have stayed focused on what truly matters: performance, long-term value creation, and the ability to seize opportunities even in these turbulent times", says Jacob Wallenberg. "I am proud to see how our companies managed this environment with determination - protecting profits here and now, while continuing to invest in innovation and product development, AI and other new technologies, as well as the green transition - all with the goal to strengthen long-term competitiveness and customer value",&nbsp; says Christian Cederholm in his CEO statement. Read more about our focus on the future and long-term value creation in the Annual Report 2025 on <a href="https://www.investorab.com/">www.investorab.com</a><div></div>