Shareholders
As of 31 December 2019, the number of shareholders was 96 846.
Principal shareholders and their respective holdings
| Shareholder | Number of shares | Percent of votes | |
| FRAPAG Beteiligungsholding AG | 31 300 000 | 15.1 | |
| AMF Insurance & Funds | 19 481 116 | 9.4 | |
| Fourth Swedish National Pension Fund | 13 631 358 | 6.6 | |
| Swedbank Robur Funds | 13 374 784 | 6.5 | |
| Schroders | 10 738 554 | 5.2 | |
| Alecta | 8 846 986 | 4.3 | |
| Vanguard | 5 005 484 | 2.4 | |
| Dimensional Fund Advisors | 4 963 200 | 2.4 | |
| XACT Funds | 3 782 475 | 1.8 | |
| Alliance Bernstein | 3 400 000 | 1.7 | |
| Total 10 largest shareholders | 114 510 295 | 55.4 | |
Source: Modular Finance AB as of 2019-12-31