The fund managers further note that the largest positive contributions in December came from Rusta following a strong report, followed by Kitron, Enity Holding, Beijer Alma, and Bravida. The fund also participated in the IPO of car testing company Arctic Falls on December 11, which contributed positively to returns.
On the downside, OEM International lagged after a downgrade from analysts, alongside Asker Healthcare, Attendo, Academedia, Elekta, and Sobi.
During the month, the fund increased its positions in Mycronic, CTT Systems, Scandic Hotels, Arjo, Enity Holding, and MedCap, while reducing holdings in Asker Healthcare, Beijer Alma, Karnell Group, and Rusta. Arctic Falls was added as a new holding, and positions in Annehem Fastigheter and NCC were closed.
For the full year 2025, the largest contributors were Beijer Alma, Karnell Group, Scandic Hotels, Ambea, and OEM International. The most negative impacts came from Comet Holding, Mekonomen, Intrum, Burckhardt Compression, and Elopak.
The largest holdings in the fund's portfolio were Ambea, Mycronic, and Karnell Group, with weightings of 6.8, 6.6, and 5.6 percent, respectively.
| PriorNilsson Evolve, % | December, 2025 |
| Fund MM, change in percent | 2.79 |
| Index MM, change in percent | 1.29 |
| Fund full year, change in percent | 16.4 |
| Index full year, change in percent | 10.1 |
