Shareholders

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

As of 19 May 2025, Borregaard had 9 891 shareholders, and 44.6% of the capital was held by foreign investors.

The largest foreign shareholdings (per citizenship) are in the UK+ Ireland 12.7%, The Netherlands 7.2%, USA 7.2% and Luxembourg 5.6%.

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

	Shareholder		Number of shares	% of capital
1	FOLKETRYGDFONDET		12499979	12.49998
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		2510540	2.51054
5	VERDIPAPIRFOND ODIN NORGE		2475070	2.47507
6	JPMorgan Chase Bank, N.A., London	Nominee	2239557	2.23956
7	The Bank of New York Mellon SA/NV	Nominee	2232391	2.23239
8	Citibank Europe plc	Nominee	1728510	1.72851
9	State Street Bank and Trust Comp	Nominee	1618712	1.61871
10	J.P. Morgan SE	Nominee	1550092	1.55009
11	VERDIPAPIRFONDET STOREBRAND NORGE		1520039	1.52004
12	BNP Paribas	Nominee	1428232	1.42823
13	The Northern Trust Comp, London Br	Nominee	1399015	1.39902
14	VERDIPAPIRFONDET ALFRED BERG GAMBA		1329145	1.32915
15	VERDIPAPIRFONDET KLP AKSJENORGE		1244948	1.24495
16	J.P. Morgan SE	Nominee	1209672	1.20967
17	VERDIPAPIRFONDET KLP AKSJENORGE IN		1128383	1.12838
18	J.P. Morgan SE	Nominee	1059416	1.05942
19	VERDIPAPIRFONDET DNB NORGE		1015327	1.01533
20	J.P. Morgan SE	Nominee	898865	0.89887
			52675648	52.675648

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