Spiltan Fonder

What Spiltan Fonder does

Spiltan Fonder AB is a Stockholm-based Swedish fund management company founded in 2002 to offer retail investors an alternative to the bank-dominated Swedish fund market. The firm operates nine funds across three pillars: actively managed Swedish equity funds (Aktiefond Stabil, Småbolagsfond, Aktiefond Småland), passively managed investment-company funds spanning Sweden, Europe and global markets (Aktiefond Investmentbolag, Europafond Investmentbolag, Globalfond Investmentbolag), and fixed-income funds (Högräntefond, Räntefond Sverige), plus Spiltan Enkel, a fund-of-funds wrapper. The investment philosophy, branded "Enkelt är effektivt" (Simple is effective), emphasizes concentrated positions in understandable companies with stable margins and sustainable operations, with staff personally invested in the funds. Operating technology is built on Bloomberg's institutional suite (AIM, PORT Enterprise, RMS Enterprise, BTCA solutions) for portfolio, risk and trading workflows.

Revenue is generated entirely through annual management fees on assets under management, with actively managed funds carrying higher fees than the passively managed investment-company vehicles; no purchase, sales, or performance fees are charged. Distribution combines direct online (spiltanfonder.se) with ISK and depot accounts, approved resellers and partners, the Swedish premium pension system (PPM), and a dedicated institutional offering. The primary customer segment is Swedish retail individual investors seeking long-term savings, pension, and children's savings products; institutional investors form a secondary segment. The firm is approximately 90%-owned by Investment AB Spiltan, with employees and management holding the remainder, and has ~28-30 staff headquartered at Riddargatan 17, Stockholm.

Name

Spiltan Fonder

Legal name

Spiltan Fonder AB

Website

https://spiltanfonder.se

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Short description

Spiltan Fonder is a Stockholm-based Swedish fund manager operating nine equity, fixed-income, and fund-of-funds products for retail and institutional investors, generating revenue through annual management fees on AUM.

Ownership category

akta.pro rank

Product category

Mutual Fund Management

NAICS

Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

Fund of Funds & Multi-Manager Mutual Funds (FSAAAEAL)

Keywords

• Fund management
• Mutual funds
• Equity funds
• Bond funds
• Asset management

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Fund Management Fees: Spiltan Fonder generates revenue through annual management fees charged on assets under management across their range of equity funds, bond funds, and the fund-of-funds Spiltan Enkel. Fees vary by fund type with actively managed funds having higher fees than passively managed investment company funds.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Spiltan Fonder is a Stockholm-based fund management company that offers a portfolio of actively and passively managed equity and fixed income mutual funds to Swedish retail and institutional investors. Its lineup includes three actively managed Swedish equity funds (Spiltan Aktiefond Stabil, Spiltan Småbolagsfond, Spiltan Aktiefond Småland), three passively managed investment-company funds (Spiltan Aktiefond Investmentbolag, Spiltan Europafond Investmentbolag, Spiltan Globalfond Investmentbolag), two fixed income funds (Spiltan Högräntefond, Spiltan Räntefond Sverige), and the Spiltan Enkel fund-of-funds. Distribution is conducted directly via the company website, through approved resellers and partners, and within the Swedish premium pension system.

Product overview

Spiltan Fonder is a Stockholm-based fund management company offering a portfolio of actively and passively managed equity and fixed income funds. The product lineup includes three actively managed Swedish equity funds (Spiltan Aktiefond Stabil, Spiltan Småbolagsfond, Spiltan Aktiefond Småland), three passively managed investment company funds (Spiltan Aktiefond Investmentbolag, Spiltan Europafond Investmentbolag, Spiltan Globalfond Investmentbolag), two actively managed fixed income funds (Spiltan Högräntefond, Spiltan Räntefond Sverige), and one fund-of-funds solution (Spiltan Enkel). The investment philosophy emphasizes simplicity, fundamental analysis, and long-term value creation through investment in companies with understandable business models, stable margins, and sustainable operations.

Differentiator

Problem solved

Functional benefit

Brands

• Spiltan Fonder: The main brand for the company's fund management operations

Products and services

• Spiltan Aktiefond Stabil An actively managed defensive Swedish equity fund focusing on stability and long-term returns, investing in carefully selected Swedish companies, investment companies, and dividend-yielding assets. Aimed at investors seeking a defensive Sweden-focused equity exposure with a long-term track record (NAV 1,314.91; 10-year return 159.96%).
• Spiltan Småbolagsfond A concentrated, actively managed small-cap fund that invests independently of sector, with strong emphasis on analysis and assessment of individual companies. Targeted at investors seeking Swedish small-cap equity exposure (NAV 1,360.02; 10-year return 178.88%).
• Spiltan Aktiefond Småland An actively managed fund with focus on investments in the Småland region, characterized by strong engineering and industrial culture with engaged entrepreneurship. Targeted at investors seeking concentrated regional Swedish equity exposure (NAV 842.87; 10-year return 177.11%).
• Spiltan Aktiefond Investmentbolag A special fund that primarily invests in a concentrated portfolio of Swedish investment companies and companies with investment company characteristics, including conglomerates. Passively managed with low fees (NAV 957.84; 10-year return 303.10%; Lipper Nordics 2026 winner for best Swedish equity fund over 10 years).
• Spiltan Europafond Investmentbolag A new fund investing in European investment companies and conglomerates with focus on long-term value creation. Provides access to experienced European owner families and capital allocators. Managed by Jörgen Wärmlöv (NAV 102.15; since-inception return 2.15% as of 29 June).
• Spiltan Globalfond Investmentbolag A global fund that follows the world's best investors by investing in investment companies and companies with investment company-like characteristics. Passively managed with low fees (NAV 309.26; since-inception return 209.26%).
• Spiltan Högräntefond A flexible corporate bond fund that invests in corporate bonds, lending money to companies. A fixed income fund with potential for higher returns than short-term interest funds (NAV 142.22).
• Spiltan Räntefond Sverige A short corporate bond fund investing in corporate bonds and commercial paper. Average interest rate binding period is a maximum of one year, targeting lower-risk fixed income exposure.
• Spiltan Enkel A fund-of-funds solution for long-term savings, consisting of a mix of the company's other funds. Approximately 70% equities and 30% fixed income funds, functioning as a balanced fund for hands-off investors.

Quantifiable outcome

• Spiltan Aktiefond Investmentbolag: 303.10% return over 10 years
• +1 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Ung PrivatekonomicoreStrategic or Co-development Partner · 9 March 2026Spiltan Fonder became main financier and cooperation partner to Ung Privatekonomi, a non-profit educational initiative offering free financial literacy lectures at high schools across Sweden. The initiative reaches approximately 30,000 students annually and has reached over 400,000 youth since 2008. The partnership enables education for approximately 2,000 additional youth per year.
• BloombergcoreTechnology or Integration · 16 December 2025Spiltan Fonder selected Bloomberg as a key technology provider for a major operating model upgrade. The firm adopted Bloomberg's AIM, PORT Enterprise, RMS Enterprise, and BTCA solutions and expanded its Bloomberg Terminal footprint. The integrated solutions suite will strengthen operations and investment processes as part of the firm's ongoing transformation journey.

Scale indicators2 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Brummer & Partners: Swedish active multi-strategy and equity fund manager; comparable boutique active manager with similar institutional and retail fund offerings in the Nordics.
• Pareto Asset Management: Norwegian/Swedish asset manager with active Nordic equity and credit funds, including a focus on owner-led companies — closely comparable to Spiltan's investment-company fund concept.
• Öhman Fonder: Stockholm-based Swedish active fund manager offering equity, balanced and alternative funds; directly comparable in product range and Swedish retail/institutional dual-channel distribution.
• Carnegie Fonder: Swedish active asset manager with Swedish and Nordic equity funds, also serving institutional and retail clients; comparable in product scope, fee structure, and target investor base.
• Lannebo Fonder: Swedish active asset manager offering a focused range of equity and fixed income funds with a similar boutique, fundamental-investment philosophy; highly comparable in size, distribution model, and product mix to Spiltan.
• Skagen Fonder: Norwegian active asset manager known for concentrated value-oriented equity funds distributed across the Nordics; directly comparable investment style and cross-Nordic retail distribution approach.

Broad incumbents

• Nordea Funds: Pan-Nordic bank-owned asset manager with a full suite of active and passive funds; competes with Spiltan across Swedish retail and institutional channels at substantially greater scale.
• SEB Fonder: Bank-owned Swedish asset manager offering a wide product range; directly competes with Spiltan for retail customers and institutional mandates with significantly larger AUM and distribution.
• Swedbank Robur Fonder: One of Sweden's largest fund managers, owned by Swedbank, offering a broad range of equity, fixed income and alternative funds; primary large-scale incumbent competitor in the Swedish retail fund market.
• Handelsbanken Fonder: Large Swedish bank-owned fund manager offering a broad suite of equity, fixed income and fund-of-funds products; competes with Spiltan across retail and institutional channels but at materially larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCREVQk65BmzYZQ_a9KDnOZw/videos
• Xx.com/SpiltanFonder
• Facebookfacebook.com/Spiltan

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Spiltan Fonder