Shareholders

A weekly updated list of Top 20 largest Shareholders of Borregaard. Updated every Monday.

As of 31 March 2025, Borregaard had 9 004 shareholders, and 46.3% of the capital was held by foreign investors.

The largest foreign shareholdings (per citizenship) are in the UK+ Ireland 14,5%, USA 7,1%, The Netherlands 7,2% and Luxembourg 5,9%.

The shareholder list below is based on the Norwegian Central Securities Depository’s share register.

	Shareholder		Number of shares	% of capital
1	FOLKETRYGDFONDET		12082107	12.08211
2	MUST INVEST AS		7132755	7.13276
3	The Bank of New York Mellon SA/NV	Nominee	6455000	6.45500
4	PARETO AKSJE NORGE VERDIPAPIRFOND		2521940	2.52194
5	VERDIPAPIRFOND ODIN NORGE		2416451	2.41645
6	The Bank of New York Mellon SA/NV	Nominee	2341381	2.34138
7	JPMorgan Chase Bank, N.A., London	Nominee	2229541	2.22954
8	Citibank Europe plc	Nominee	1728510	1.72851
9	State Street Bank and Trust Comp	Nominee	1608006	1.60801
10	J.P. Morgan SE	Nominee	1576485	1.57649
11	BNP Paribas	Nominee	1516347	1.51635
12	The Northern Trust Comp, London Br	Nominee	1507016	1.50702
13	VERDIPAPIRFONDET STOREBRAND NORGE		1476002	1.47600
14	VERDIPAPIRFONDET ALFRED BERG GAMBA		1405291	1.40529
15	J.P. Morgan SE	Nominee	1209672	1.20967
16	VERDIPAPIRFONDET KLP AKSJENORGE		1134330	1.13433
17	VERDIPAPIRFONDET KLP AKSJENORGE IN		1081414	1.08141
18	J.P. Morgan SE	Nominee	1059416	1.05942
19	BNP Paribas	Nominee	877499	0.87750
20	VERDIPAPIRFONDET DNB NORGE		877448	0.87745
			52236611	52.236611

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