Billerud Ownership

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

Recent Insider Transactions

OTCPK:BLRD.F Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
30 Jan 26	BuyUS$42,048	Andrei Kres	Individual	5,000	US$8.41
30 Jan 26	BuyUS$163,347	Jan Svensson	Individual	19,600	US$8.33
30 Jan 26	BuyUS$81,673	Jan Svensson	Individual	9,800	US$8.33
05 Sep 25	BuyUS$95,909	Jan Svensson	Individual	10,000	US$9.59
21 Jul 25	BuyUS$6,177	Andrei Kres	Individual	688	US$8.98
18 Jul 25	BuyUS$103,630	Ivar Vatne	Individual	11,160	US$9.29
06 May 25	BuyUS$38,990	Regi Aalstad	Individual	3,700	US$10.54

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 BLRD.F?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	245,452	0.0987%
Private Companies	30,000,000	12.1%
Institutions	106,879,245	43%
General Public	111,580,224	44.9%

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

Top Shareholders

Top 25 shareholders own 57.58% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
15.3%	AMF Fonder AB	37,988,421	US$258.7m	-1.13%	0.62%
12.1%	Frapag Beteiligungsholding AG	30,000,000	US$204.3m	0%	no data
6.45%	Fourth Swedish National Pension Fund (AP4)	16,051,915	US$109.3m	0%	0.36%
3.72%	The Vanguard Group, Inc.	9,252,716	US$63.0m	4.91%	no data
2.94%	Swedbank Robur AB	7,315,965	US$49.8m	5.63%	7.5%
2.41%	Swedbank Robur Fonder AB	6,004,609	US$40.9m	-50.7%	0.03%
2.39%	BlackRock, Inc.	5,938,606	US$40.4m	30.1%	no data
1.99%	American Century Investment Management Inc	4,945,566	US$33.7m	19.9%	0.01%
1.81%	Norges Bank Investment Management	4,505,101	US$30.7m	-22.1%	no data
1.78%	Handelsbanken Asset Management	4,436,324	US$30.2m	-9.49%	0.05%
1.62%	Dimensional Fund Advisors LP	4,019,747	US$27.4m	0%	no data
0.88%	Global Alpha Capital Management Ltd.	2,179,277	US$14.8m	32.7%	0.39%
0.86%	Bankinter Luxembourg S.A.	2,138,987	US$14.6m	0%	1.51%
0.65%	SEB Funds AB	1,620,194	US$11.0m	0%	0.02%
0.48%	EdenTree Investment Management Limited	1,191,641	US$8.1m	0%	0.42%
0.43%	Pictet Asset Management Limited	1,068,001	US$7.3m	0%	no data
0.38%	Charles Schwab Investment Management, Inc.	941,505	US$6.4m	-1.42%	no data
0.34%	Janus Henderson Group plc	845,640	US$5.8m	0%	no data
0.26%	State Street Global Advisors, Inc.	648,807	US$4.4m	12.6%	no data
0.2%	Schroder Investment Management Limited	492,445	US$3.4m	-2.98%	no data
0.18%	Bessemer Investment Management LLC	436,560	US$3.0m	-9.34%	no data
0.16%	Deutsche Asset & Wealth Management	401,144	US$2.7m	0%	no data
0.11%	Geode Capital Management, LLC	281,041	US$1.9m	9.94%	no data
0.1%	Schroder Investment Management North America Inc.	260,389	US$1.8m	-3.62%	no data
0.1%	BNY Asset Management	251,105	US$1.7m	967%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/04/30 22:01
End of Day Share Price	2026/04/24 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

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.

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 Github.

Analyst Sources

Billerud AB (publ) is covered by 12 analysts. 6 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
null null	ABG Sundal Collier
Patrick Langstrom	ABG Sundal Collier Sponsored
Justin Jordan	BNP Paribas