Nordea Investment Management Boosts Stake in Newmont Corporation

Institutional investor increases position in major gold mining company

Mar. 22, 2026 at 10:07am

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Nordea Investment Management AB, a major institutional investor, increased its stake in Newmont Corporation (NYSE: NEM) by 10.3% during the fourth quarter, according to a recent SEC filing. Nordea now owns approximately 4.8 million shares of the basic materials company, worth around $482 million.

Why it matters

Newmont is one of the world's largest gold mining companies, and institutional investors closely follow its performance. Nordea's increased stake suggests the firm sees long-term value in Newmont's operations and growth prospects.

The details

According to the filing, Nordea Investment Management added 447,904 shares of Newmont to its portfolio during the fourth quarter of 2025. This increased Nordea's total position to 4,784,777 shares, or about 0.44% of Newmont's outstanding stock.

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

The players

Nordea Investment Management AB

A major European asset management firm that oversees over $500 billion in client assets.

Newmont Corporation

A leading global gold mining company headquartered in Greenwood Village, Colorado.

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The takeaway

Nordea's increased stake in Newmont suggests the investment firm sees long-term growth potential in the gold mining sector, despite recent market volatility. This is a positive sign for Newmont as it continues to navigate industry challenges and capitalize on rising gold prices.