Reddit Inc. Shares Acquired by Livforsakringsbolaget Skandia Omsesidigt

Firm increased stake in Reddit by 780.8% in third quarter

Mar. 18, 2026 at 9:35am by Ben Kaplan

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Livforsakringsbolaget Skandia Omsesidigt, a Swedish insurance company, grew its stake in Reddit Inc. (NYSE:RDDT) by 780.8% during the third quarter, according to its most recent 13F filing with the SEC. The firm now owns 66,682 shares of the company's stock worth $14,202,000.

Why it matters

This significant increase in ownership by a major institutional investor signals growing confidence in Reddit's long-term prospects among sophisticated financial players. As the social media platform continues to grow its user base and monetization efforts, large investors are taking notice.

The details

Livforsakringsbolaget Skandia Omsesidigt purchased an additional 59,111 shares of Reddit during the third quarter, bringing its total holdings to 66,682 shares. This represents a substantial increase from the 7,571 shares the firm owned at the end of the prior quarter. The investment is now worth over $14 million based on Reddit's current stock price.

  • Livforsakringsbolaget Skandia Omsesidigt filed its 13F report for the third quarter of 2026 on March 18, 2026.

The players

Livforsakringsbolaget Skandia Omsesidigt

A Swedish insurance company that manages investments and retirement funds.

Reddit Inc.

The parent company of the popular social media platform Reddit, which operates online communities and discussion forums.

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The takeaway

The significant increase in ownership by Livforsakringsbolaget Skandia Omsesidigt suggests that major institutional investors see long-term growth potential in Reddit's business model and user engagement. As the platform continues to evolve, it will be important to monitor how other large investors position themselves in the stock.