I have (I think it’s 22 now) and I’m pretty well aware of them. However, there has been some narrowing down and concentration of stakes in certain companies.
The biggest ones now
- Talenom, by far
- Nokia, Revenio Group, QT
- Siltronic
- Kamux, Avidly, Nokian Tyres
Others include IT services (Digia, Gofore, Vincit), care facilities, Verkkokauppa.com, Ramirent, Glaston, finance (Capman), cybersecurity (F-Secure). Sanoma, Aspo, Efecte. A few small ones, Enersense (-50%), and I’ve bought a bit of Basware, it’s bleeding my hands :). There’s still a bit of Lehto, that’s also a kind of gamble.
To be honest, I have one pledged portfolio that contains Uponor, Martela, and Pihlajalinna, and mainly Nokia (but those, with the exception of Nokia, do not represent my view in that pledged portfolio). Then there’s still a tiny bit of Pantaflix.
I would estimate items 1-4 to account for approximately 70% of the shares, then there’s some in interest-bearing instruments and the rest is cash.
Someone might say it’s a stealth index, but for example, engineering companies are missing from there (except Glaston, where the smart glass is an interesting bonus). Some of those are small ones that don’t really matter much.
