VBG Group Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:KU4 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
29 Oct 24	Buy€82	Fredrik Jigneus	Individual	3	€27.45
07 May 24	Buy€24,728	Anders Erkén	Individual	753	€32.84
06 Mar 24	Buy€11,793	Anders Erkén	Individual	475	€24.83
06 Mar 24	Buy€15,145	Fredrik Jigneus	Individual	610	€24.83

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of KU4?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	18,030	0.0721%
Private Companies	2,735,792	10.9%
General Public	5,929,886	23.7%
Institutions	16,320,340	65.3%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 74.55% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
23.7%	Herman Krefting Foundation for Allergy and Asthma Research, Endowment Arm	5,926,442	€170.7m	0%	no data
8.58%	Nordea Investment Management, AB	2,145,765	€61.8m	0%	0.04%
6.65%	E. Öhman J:or Wealth Management	1,662,754	€47.9m	0%	0.27%
4.71%	SEB Investment Management AB	1,177,882	€33.9m	-0.31%	0.07%
4.64%	Swedbank Robur Fonder AB	1,161,166	€33.5m	0%	0.02%
4.54%	SLK Employees Foundation	1,134,600	€32.7m	0%	no data
4.4%	CBLDN-IF Skadeförsäkring AB	1,099,192	€31.7m	0%	no data
3.8%	Fourth Swedish National Pension Fund (AP4)	950,689	€27.4m	0%	0.11%
2.06%	Avanza Fonder AB	514,037	€14.8m	0%	0.14%
2.01%	VBG-SLK Foundation	502,000	€14.5m	0%	no data
1.36%	Handelsbanken Asset Management	340,638	€9.8m	0%	0.01%
1.35%	Dimensional Fund Advisors LP	336,343	€9.7m	2.12%	no data
0.98%	JP Morgan Asset Management	246,196	€7.1m	2.86%	no data
0.98%	Canaccord Genuity Asset Management Limited	245,200	€7.1m	0%	0.29%
0.96%	Cliens Kapitalförvaltning AB	240,000	€6.9m	0%	0.2%
0.86%	ODDO BHF Asset Management SAS	215,649	€6.2m	-4.58%	0.09%
0.76%	Enter Fonder AB	188,884	€5.4m	0%	0.94%
0.5%	Storebrand Fonder AB,	123,994	€3.6m	0%	0.01%
0.33%	KBC Asset Management NV	81,280	€2.3m	0%	no data
0.28%	Schroder Investment Management Limited	70,000	€2.0m	0%	no data
0.27%	BlackRock, Inc.	68,706	€2.0m	-16%	no data
0.25%	Caprifol AB	62,148	€1.8m	0%	4.62%
0.21%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	52,761	€1.5m	173%	no data
0.21%	Amundi Asset Management SAS	52,322	€1.5m	-1.31%	no data
0.17%	Mobilis Kapitalförvaltning AB	42,650	€1.2m	0%	1.9%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/03 05:56
End of Day Share Price	2025/02/03 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

VBG Group AB (publ) is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Ofelia Aspemyr	ABG Sundal Collier Sponsored
Carl Gustafsson	Danske Bank
Gustav Berneblad	Nordea Markets