Nordea Investment Management AB Boosts Stake in Illumina

Institutional investor increases holding in life sciences company by over 2,700%

Mar. 23, 2026 at 9:48am

Nordea Investment Management AB significantly increased its stake in Illumina, Inc. (NASDAQ:ILMN) during the fourth quarter, growing its position by 2,792.2% to 944,500 shares worth approximately $124.15 million. The fund now owns around 0.62% of the life sciences company's stock.

Why it matters

Illumina is a leading provider of DNA sequencing systems and related products, playing a crucial role in the field of genomics research and clinical diagnostics. Nordea's substantial investment in the company signals the fund's confidence in Illumina's long-term growth potential and the continued importance of genomics technology.

The details

According to a recent SEC filing, Nordea Investment Management AB acquired an additional 911,843 shares of Illumina during the fourth quarter, bringing its total holding to 944,500 shares. This represents a 2,792.2% increase in the fund's position compared to the prior quarter. Nordea now owns approximately 0.62% of Illumina's outstanding shares, valued at around $124.15 million as of the most recent filing.

  • Nordea increased its Illumina stake during the fourth quarter of 2025.

The players

Nordea Investment Management AB

A major European asset management firm that has significantly increased its stake in Illumina, a leading life sciences company.

Illumina, Inc.

A global life sciences company that develops and markets integrated systems for genetic analysis and functions, playing a crucial role in the field of genomics research and clinical diagnostics.

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The takeaway

Nordea's substantial investment in Illumina underscores the growing importance of genomics technology and the life sciences company's position as a leader in the field. This move signals the fund's long-term confidence in Illumina's growth potential and the continued relevance of genomics research and applications.