Each quarter Modular Finance publishes an overview of the development of foreign ownership on the Swedish stock exchange. Data is displayed per list and sector, with a comparison against the corresponding quarter last year.
“Foreign ownership on the Swedish exchange continued to show clear structural trends in Q2 2026. Foreign ownership on Main Market Sweden was relatively stable year-over-year. We continue to see a clear trend of foreign ownership being highest on the lists with companies of bigger market capitalization. However, we saw continued divergence on the sector side.
The Discretionaries sector reached a new record high of 33.7%, surpassing the previous peak of 33.6% set in Q4 2025, while Trading & Goods as well as Health care also continued their steady climb of increasing foreign ownership. In contrast, the Materials sector extended its decline for the fourth straight quarter, falling to 17.7%.” says Viktor Forslund, Data Specialist at Modular Finance.
| ListForeign Capital Q2 2026Foreign Capital Q2 2025Delta | Large Cap37.1%36.6%+0.5% | Mid Cap30.4%30.8%-0.4% | Small Cap21.5%21.4%+0.1% | First North22.0%22.1%-0.1% | Spotlight SE13.9%11.6%+2.3% | Main Regulated Equity18.8%23.6%-4.8% | Nordic SME15.0%11.6%+3.4% |
| SectorForeign Capital Q2 2026Foreign Capital Q2 2025Delta | Discretionaries33.7%31.2%+2.5% | Raw materials33.9%31.3%+2.6% | Materials17.7%24.7%-7.0% | Industry22.8%21.2%+1.6% | Health care23.8%21.5%+2.3% | Services21.2%23.0%-1.8% | Telecom & Media26.3%25.7%+0.6% | Information technology21.0%20.4%+0.6% | Trading & Goods26.0%22.8%+3.2% | Real estate16.0%16.8%-0.8% | Finance23.1%22.9%+0.2% | Energy & Environment17.4%16.3%+1.1% |
Contact
Carl Holfve
Head of Data
Phone: +46 79 341 52 54
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About Modular Finance
Modular Finance is a SaaS company focusing on the financial markets in the Nordics and the United Kingdom. Through two business areas, Banking & Finance and Investor Relations, a range of niche products is offered with a focus on unique data sets and user-friendliness.
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