Development during 2025 in brief

• In 2025, the value of shares listed on the Swedish marketplace increased by 11 percent. At the end of 2025, it amounted to SEK 12,835 billion.
• People who are 45 years of age or older own an increasing share of the share wealth. From owning 82% at the end of 2007, this has increased to 90% by the end of 2025.
• The foreign sector continues to be the largest ownership sector in the Swedish marketplace.

In 2025, the value of shares listed on the Swedish marketplace increased by SEK 1,269 billion. This corresponds to an increase of 11 percent. During the same period, the OMX Affärsvärlden general index rose by 9 percent.

Older people account for a growing portion of share wealth

At the end of 2025, households' total share wealth amounted to SEK 1,498 billion, which is an increase of SEK 151 billion compared with the previous year. Of this, 90% was owned by people aged 45 or over.

The fact that older age groups gradually hold an increasing share of share wealth is a long-standing trend that has been going on for several years. At the end of 2007, people over the age of 45 accounted for 82 percent of the share wealth, a share that would have risen to 90 percent by 2025.

Investment patterns differ between age groups, as shown by how they distribute their ownership between different stock lists. People who are 45 years of age or older have a relatively larger ownership stake in large cap companies compared to younger people, which indicates a tendency to prioritize large and established companies. The most prominent difference is found in Spotlight Stock Market, where the younger ones own 26 percent while the older ones account for the remaining 74 percent.

As capital preservation becomes more important as you approach or are at retirement age, the value of predictability and lower risk increases, making large caps more attractive than more volatile growth companies that are often found outside the large-cap list.

Younger investors, on the other hand, have a longer time horizon and can therefore handle temporary market downturns. This means that they can to a greater extent seek out other stock lists, where smaller companies often offer higher growth potential but also greater risk. Younger investors often have less capital and often invest in smaller amounts. Older investors have more capital and are more likely to invest in larger, stable companies, which in turn drives up their share of total stock wealth.

Foreign countries remain the largest ownership sector

At the end of December 2025, the foreign sector constituted the largest holding sector in the Swedish stock market, with a total shareholding of SEK 4,794 billion. This corresponds to 37 percent of the total market value of companies listed on a Swedish marketplace. Swedish financial corporations constituted the second largest ownership sector with a share of 32 percent, with investment funds and investment companies accounting for the largest share of ownership in this ownership sector.