The Active Sweden Funds: Unveiling the Top 20 Holdings
In the world of investing, active Sweden funds charge a premium for their skilled fund managers to unearth the best companies for savers. Some companies are favored more than others by these fund managers. Placera has conducted an in-depth analysis of the top 20 investments of the ten largest Sweden funds.
Swedbank Robur Sverige stands out with Kone, Coloplast, and Spotify among its top 20 holdings, which no other fund has included. On the other hand, SEB Sverigefond has taken a different approach by investing in Saab and Danske Bank, unique to this fund in the review. Meanwhile, Handelsbanken Sverige Selektiv is pinning its hopes on Bravida and Nolato to prove their worth.
Lannebo Sverigefond has the most proprietary companies
Lannebo Sverige Plus, a fund that can short-sell companies in addition to regular equity investments, has the highest number of proprietary companies among its top investments. It boasts seven such companies, compared to Länsförsäkringar Sverige Vision, which only has one company that is not found in other top 20 holdings, namely real estate firm Castellum.
The unique large investments of Lannebo Sverige Plus include Nokia, Hexpol, UPM-Kymmene, Elekta, Stora Enso, Tele2, and Electrolux.
Odin Sverige is banking on Addlife
In contrast, AMF Aktiefond Sverige has faith in Balder, Billerud, Pandox, and HMS Networks, the latter of which recently surged in value after reporting increased operating profits. Odin Sverige and Spiltan Aktiefond Stabil, two funds that have shown weaker performance relative to other Sweden funds over three and five years, have their own favorite companies among their dominant investments.
Odin Sverige has chosen to invest in Addnode, Addtech, and Addlife, while Spiltan has opted for Lundberg, Nibe, and Hufvudstaden. Notably, investment firm Lundberg is the second-largest investment in Spiltan Sverige Stabil, following another investment company, Investor.
Several funds have positioned a proprietary real estate company among their top investments, each selecting different companies. While AMF Aktiefond Sverige chose Balder, D&G Aktiefond favors Sagax. Castellum and Hufvudstaden also secured positions in the funds’ portfolios.
In conclusion, the top 20 holdings of Sweden funds vary significantly, showcasing a diverse range of companies that fund managers believe will yield strong returns. Each fund has its unique investment strategy and preferences, contributing to the vibrant and dynamic landscape of the Swedish investment market.
Source: Avanza
*Can also engage in short-selling