During the month, holdings in Alfa Laval and Atlas Copco contributed most positively.
"These companies performed weaker than expected earlier in the year, but market sentiment toward them has now shifted to a more positive outlook," the fund managers wrote.
Ericsson, Hexagon, and Versisure were the largest negative contributors during the month.
The fund's largest holdings at the end of the month were Atlas Copco, Alfa Laval, and Ericsson, with weights of 9.2, 8.3, and 7.8 percent, respectively.
Net exposure to equities stood at +74.4 percent at the end of the month.
| PriorNilsson Idea, % | December, 2025 |
| Fund MoM, change in percent | 1.37 |
| Fund full year, change in percent | 4.55 |
