Placera, a leading financial publication, has conducted an in-depth analysis of the ownership data service Holdings and uncovered intriguing insights into the actions of several billionaires during the month of January.
One of the standout figures in this analysis is Carl Bennet, whose portfolio is valued at a staggering 106 billion. According to Holdings, Bennet made a significant investment in Investor, purchasing shares worth 141 million in January. This move added to his existing holdings in the Wallenberg family’s powerhouse, bringing his total stake in the company to a whopping 628 million.
When questioned about his investment in Investor, Bennet explained that it was a strategic move to deploy liquidity. He also revealed that he had made similar investments in Industrivärden, showcasing his savvy approach to portfolio management. However, Bennet’s largest holdings lie in Lifco and Getinge, with share positions valued at nearly 85 billion and 12 billion respectively.
On the flip side, Fredrik Lundberg, another prominent figure in Sweden’s billionaire ranks, opted to offload shares in Investor during January. Lundberg sold shares worth 119 million, signaling a divergence in investment strategies among the country’s elite.
Rutger Arnhult, known for his shrewd investment decisions, took a different approach in January by primarily selling off shares. He reduced his holdings in Swedbank by 205 million and also divested from several real estate companies, including Castellum and Sagax. In a surprising move, Arnhult liquidated shares worth 47 million in Investor but made notable acquisitions in Logistea and Saab. His entry into the defense sector with a purchase of over 6 million in Saab showcases his willingness to explore new investment opportunities.
Overall, Placera’s analysis sheds light on the dynamic and strategic maneuvers of Sweden’s billionaire investors, offering a glimpse into their decision-making processes and the evolving landscape of wealth management in the country. Stay tuned for more exclusive insights and updates on the financial moves of the elite from Cecilia Nikpay and our dedicated team at Placera.