Kinnevik Shares

This is an investment company based in Sweden whose history can be traced back to 1936. The founding members came from the Stenbeck, Klingspor and von Horn families.

The Kinnevik share price reflects, among other things, the current situation in the key markets where they invest. They include: Financial Services, Consumer Services, Healthcare Services and Technology, Media & Telecommunications. One of their aims is to invest in sustainable companies that add something positive to society while also providing value to their shareholders.

While their holdings in these areas vary over time, they typically hold large stakes in about 30 different companies at any given time. Geographically, Kinnevik tends to concentrate on the Nordic countries, although they also invest in American companies and may look at other markets in addition to these regions. Zalando SE, Tele2 and Millicom made up their three largest holdings as of 2019, while in early 2022 their listed portfolio composition had Tele2 as the largest stake-holding at 36%.

The Kinnevik share price was first listed in 1954, when it became a listed company and carried out a share issue to raise fresh capital. It remains a largely family-controlled business but you can find the current price of Kinnevik shares on the US100 Stockholm Stock Exchange.

This company’s B-shares are traded under the KINVb.ST ticker. Their historic price has fluctuated according to factors such as the exact shareholdings in their portfolio and the prevailing economic climate, as well as developments in areas like telecommunications and technology.

The Kinnevik share price reached new heights in 2020, rising from a value of below 100 SEK to over 400 SEK mainly thanks to the strong performance of the digital businesses it invests in. However, it fell back to some degree in late 2021.

The interim report produced by Kinnevik for the first six months of 2021 reported a total shareholder return of 138% in the previous year, with a five-year annualised return of 34%. This doesn’t simply relate to the increased Kinnevik share price, as it also includes the distribution of its stock in Zalando to shareholders.

This move followed on from their decision in 2019 to end annual dividends. Instead, the company now aims to achieve shareholder returns thanks to capital appreciation and pay extra dividends to its shareholders.

This adds an extra element to consider when deciding whether to invest directly or through trading. In addition, since Kinnevik invests in a variety of mainly digital businesses, some investors may consider that buying Kinnevik shares gives them the diversity they crave without looking for funds that contain this stock.