Shareholders	Shares	% of shares	Monthly change	Monthly change %
1	Valmet Oyj	25,642,869	17.06	3,269,965	14.62
2	Ilmarinen Mutual Pension Insurance Company	4,091,010	2.72	0	0.00
3	Varma Mutual Pension Insurance Company	2,138,465	1.42	0	0.00
4	Elo Mutual Pension Insurance Company	2,091,735	1.39	0	0.00
5	OP Funds	1,498,442	1.00	49,125	3.39
	OP-Finland	1,370,444	0.91	40,000	3.01
	OP-Finland Index Fund	127,998	0.09	9,125	7.68
6	The Local Government Pensions Institution	1,425,166	0.95	0	0.00
7	The State Pension Fund	1,150,000	0.76	0	0.00
8	Society of Swedish Literature in Finland	1,095,176	0.73	0	0.00
9	Nordea Funds	1,075,385	0.72	-6,936	-0.64
	Nordea Pro Finland Fund	504,994	0.34	-22,932	-4.34
	Nordea Finnish Passive Fund	300,939	0.20	21,192	7.58
	Nordea Premium Varainhoito Tasapaino Fund	67,923	0.05	0	0.00
	Nordea Premium Varainhoito Maltti Fund	62,588	0.04	0	0.00
	Nordea Säästö 50	51,456	0.03	-1,340	-2.54
	Nordea Säästö 25 Fund	34,089	0.02	-1,936	-5.37
	Nordea Säästö 75	30,433	0.02	-1,106	-3.51
	Nordea Premium Varainhoito Kasvu Fund	22,963	0.02	-814	-3.42
10	Danske Invest Funds	666,099	0.44	0	0.00
	Danske Invest Finnish Equity Fund	530,425	0.35	0	0.00
	Danske Invest Arvo Finland Value Fund	135,674	0.09	0	0.00
11	Sigrid Jusélius Foundation	662,465	0.44	0	0.00
12	Mandatum Life Insurance Company Ltd.	548,955	0.37	2,350	0.43
13	Aktia Funds	470,000	0.31	0	0.00
	Aktia Capital Mutual Fund	400,000	0.27	0	0.00
	Aktia Secura Mutual Fund	70,000	0.05	0	0.00
14	Finnish Cultural Foundation	400,123	0.27	0	0.00
15	The Finnish Social Insurance Institution	396,316	0.26	0	0.00
16	Veritas Pension Insurance Company Ltd.	375,354	0.25	-18,555	-4.71
17	OP-Henkivakuutus Ltd.	357,068	0.24	62,656	21.28
18	Schweizerische Nationalbank	338,065	0.22	-92,876	-21.55
19	Samfundet Folkhälsan i Svenska Finland	320,985	0.21	0	0.00
20	SEB Finlandia Optimized Low Carbon	299,906	0.20	13,847	4.84
21	Seligson & Co OMX Helsinki 25 Exchange Traded Fund (ETF)	256,480	0.17	4,809	1.91
22	OP-Finland Small Cap	225,000	0.15	N/A	N/A
23	Jenny and Antti Wihuri Foundation	204,409	0.14	0	0.00
24	Holding Manutas Oy	200,000	0.13	0	0.00
25	Folkhälsan i Svenska Finland rf Inez och Julius Polins Fond	177,565	0.12	0	0.00
26	Oy Ingman Finance Ab	162,500	0.11	0	0.00
27	Neles Oyj	150,361	0.10	0	0.00
28	Säästöpankki Finland Mutual Fund	142,610	0.09	0	0.00
29	Life Annuity Institution Hereditas	138,000	0.09	0	0.00
30	Evli Finland Select Fund	137,000	0.09	-86,000	-38.57
31	Elite Alfred Berg Finland Focus Fund	130,219	0.09	65,000	99.66
32	Kaleva Mutual Insurance Company	130,000	0.09	0	0.00
33	Lempiäinen Timo Petri Sakari	130,000	0.09	0	0.00
34	Private Entrepreneur Foundation	112,925	0.08	0	0.00
35	Seligson & Co Finland Index Fund	112,720	0.08	2,100	1.90
36	Magnus Ehrnrooths Stiftelse Sr	112,300	0.07	0	0.00
37	Yleisradio Pension Foundation	111,700	0.07	55,000	97.00
38	Emil Aaltonen Foundation	108,358	0.07	0	0.00
39	LähiTapiola Dividend Finland Fund	106,000	0.07	0	0.00
40	Suka Invest Oy	104,000	0.07	0	0.00
41	Ålandsbanken Norden Aktie Placeringsfond	100,000	0.07	0	0.00
42	Merivirta Jyri Tapio	100,000	0.07	0	0.00
43	von Frenckell Mikael Christoffer	100,000	0.07	27,246	37.45
44	Snäll Clara Elisabeth	96,781	0.06	0	0.00
45	Valio Pension Fund	96,471	0.06	0	0.00
46	Finska Läkaresällskapet rf	89,600	0.06	0	0.00
47	von Frenckell Asta Dagmar Maria	83,605	0.06	0	0.00
48	Orion Pension Foundation	82,760	0.06	0	0.00
49	Nordea Life Assurance Finland Ltd.	80,458	0.05	-30,247	-27.32
50	Maa- ja vesitekniikan tuki r.y.	80,000	0.05	0	0.00
51	Svenska Blindskolföreningen R F	78,350	0.05	0	0.00
52	Suka Oy	78,000	0.05	0	0.00
53	The Seamen´s Pension Fund	75,367	0.05	0	0.00
54	eQ Funds	72,810	0.05	0	0.00
	eQ Finland Investment Fund	41,310	0.03	0	0.00
	eQ Europe Dividend Mutual Fund	31,500	0.02	0	0.00
55	William Thuring's Foundation	71,853	0.05	0	0.00
56	Kirkon Eläkerahasto	71,425	0.05	0	0.00
57	von Frenckell Frans Wilhelm Christoffer	70,000	0.05	0	0.00
58	Signe and Ane Gyllenberg Foundation	64,625	0.04	0	0.00
59	von Frenckell-Ramberg Christel	61,309	0.04	0	0.00
60	Svenska Folkskolans Vänner R.F.	60,936	0.04	0	0.00
61	Lääkintöneuvos G.R. Idman and ministeri K.G. Idman Foundation	60,877	0.04	0	0.00
62	Finlands Riddarhus	60,300	0.04	0	0.00
63	Toivonen Juha Aarne Olavi	57,900	0.04	0	0.00
64	Turret Oy Ab	57,900	0.04	0	0.00
65	Svenska lantbruksproducenternas centralförbund SLC rf	57,161	0.04	0	0.00
66	Federation of Finnish Industry and Employers	55,686	0.04	16,517	42.17
67	Vakuutusosakeyhtiö Henki-Fennia	55,613	0.04	11,452	25.93
68	Lilius Gustaf Peter Sigurd	55,000	0.04	0	0.00
69	National Defence Support Foundation	52,000	0.03	0	0.00
70	Folkhälsans Forskningsstiftelse - Kansanterveyden Tutkimussäätiö	50,894	0.03	0	0.00
71	Kähkönen Veli Matti Kalevi	50,283	0.03	0	0.00
72	Cedercreutz Axel Victor Folkern	49,700	0.03	-10,000	-16.75
73	Alhopuro Eero Sakari	45,200	0.03	0	0.00
74	Suomalaisen Kirjallisuuden Seura Ry	44,541	0.03	0	0.00
75	Sakari Alhopuron Säätiö Sr	43,950	0.03	0	0.00
76	Kommunalrådet C.G. Sundells Stiftelse	43,168	0.03	0	0.00
77	Foundation of William and Ester Otsakorpi	42,839	0.03	0	0.00
78	Otto A. Malms donationsfond	41,330	0.03	0	0.00
79	Landskapet Ålands Pensionsfond	40,000	0.03	0	0.00
80	Svenska småbruk och egna hem Ab	40,000	0.03	0	0.00
81	Markkola Leena	39,700	0.03	0	0.00
82	Centro-Data Oy	39,000	0.03	0	0.00
83	Suomen Lakimiesliitto Ry	38,200	0.03	0	0.00
84	Gripenberg Jarl Estate	38,000	0.03	2,000	5.56
85	KLP Aksjenorden Verdipapirfondet	37,599	0.03	-1,755	-4.46
86	Asipex Oy Ab	36,500	0.02	0	0.00
87	Stiftelsen Finlandssvenska Jordfonden Sr.	36,500	0.02	0	0.00
88	Lilius Mikael Percy Henrik	35,781	0.02	0	0.00
89	BNP Paribas Arbitrage	35,019	0.02	N/A	N/A
90	Päivikki and Sakari Sohlberg Foundation	35,000	0.02	0	0.00
91	Security Trading Oy	35,000	0.02	0	0.00
92	Nordgren Karl Gunnar Dödsbo	32,655	0.02	0	0.00
93	Savander Anna Christina	32,575	0.02	0	0.00
94	Yrjö Jahnsson Foundation	31,932	0.02	0	0.00
95	Tampereen Lihajaloste Oy	31,762	0.02	10,000	45.95
96	Oy Julius Tallberg Ab	31,733	0.02	0	0.00
97	Stiftelsen Tre Smeder Sr	31,700	0.02	0	0.00
98	Kymin Osakeyhtiön 100-Vuotissäätiö Sr	30,825	0.02	0	0.00
99	Nylands Svenska Lantbrukssällskap Rf	30,708	0.02	0	0.00
100	OP Group Research Foundation	30,601	0.02	12,252	66.77
	20 largest shareholders total	45,043,584	29.96
	Nominee registered	76,193,360	50.68
	Others	29,111,312	19.36
	Total	150,348,256	100

Date	Major shareholders
30 April
31 May
30 June
31 July
31 August
30 September
31 October
30 November
31 December

Date	Major shareholders
31 January
29 February
31 March
30 April
31 May
30 June
01 July
31 July