Asmodee and Kinnevik Make Strategic Moves in Portfolio
In a bold and strategic move, Asmodee and Kinnevik have recently made significant changes to their investment portfolios. Data from the shareholder service, Holdings, reveals that the duo has welcomed four new companies into their fold. These include Asmodee, Kinnevik, Ambea, and Ovzon.
The most substantial investment has been made in the board game giant Asmodee, which was spun off from Embracer. The stock began trading on the Stockholm Stock Exchange in February of this year.
Carnegie Småbolagsfond now holds 1,365,807 shares in the company, valued at 154 million kronor.
In the case of Kinnevik, there may be a glimmer of hope for the investment company that has experienced a significant decline in its share price. With Cristina Stenbeck returning as chairman of the board, investors are cautiously optimistic about a potential turnaround.
Over the past five years, Kinnevik has seen its stock plummet by over 65%, testing the patience of its shareholders.
The decision to bring in these new companies signals a shift in strategy for both Asmodee and Kinnevik. Asmodee’s strong presence in the board game market, coupled with Kinnevik’s potential for a turnaround under new leadership, indicates a calculated move to diversify and strengthen their portfolios.
As investors eagerly await the outcomes of these strategic decisions, all eyes are on Asmodee and Kinnevik to see how these changes will impact their future performance in the market. With experienced leadership and a focus on growth, these companies are poised to make waves in the investment world.