The PriorNilsson Sverige Aktiv fund increased by 2.14 percent in December, underperforming its benchmark index, which rose by 2.27 percent. Over the past year, the fund gained 9.1 percent, which was also below its benchmark index's gain of 12.8 percent. This information is detailed in a monthly report.

Positive contributions came from holdings in Alfa Laval, H&M, Swedbank, Axfood, and Atlas Copco. The managers note that increased optimism regarding ship orders benefited Alfa Laval, while H&M was positively affected by discussions in November and December about potential EU import tariffs on products from Shein and other Chinese players.

Negative contributions came from Asker, Sveafastigheter, Verisure, Ericsson, and AstraZeneca. The return profile during the month was marked by strong performance in cyclical companies, such as those in the industrial and banking sectors.

In conclusion, the managers write that the fund increased its holdings in Beijer Ref, Novo Nordisk, and Trelleborg. At the same time, holdings were reduced in, among others, Atlas Copco, Castellum, Ericsson, Hexagon, Investor, Nordea, Sandvik, SEB, Skanska, Sveafastigheter, Swedbank, Volvo, and Wihlborgs.

A new position was taken in Lindab International, while positions in ABB and Verisure were divested.

The largest holdings in the fund's portfolio at the end of the month were Alfa Laval, Atlas Copco, and Ericsson, with weights of 9.3, 9.2, and 9.2 percent respectively.

The largest sectors were industrials, finance, and technology, with weights of 38.28, 24.04, and 13.91 percent respectively.

PriorNilsson Sverige Aktiv, %December, 2025
Fund MM, change in percent2.14
Index MM, change in percent2.27
Fund full year, change in percent9.1
Index full year, change in percent12.8