Andra AP fonden Boosts Stake in IDEXX Laboratories

The Swedish pension fund increased its holdings in the veterinary diagnostics company by over 500% in Q3 2025.

Published on Feb. 28, 2026

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Andra AP fonden, a Swedish pension fund, significantly increased its stake in IDEXX Laboratories, Inc. (NASDAQ:IDXX) during the third quarter of 2025. The institutional investor purchased an additional 25,177 shares, bringing its total holdings to 29,900 shares worth $19.1 million at the end of the reporting period.

Why it matters

IDEXX Laboratories is a leading global provider of veterinary diagnostic products and services. The company's strong performance and growth potential have attracted the attention of major institutional investors like Andra AP fonden, which manages over $50 billion in assets.

The details

According to the SEC filing, Andra AP fonden's holdings in IDEXX Laboratories increased by 533.1% during the third quarter. This substantial increase in ownership suggests the pension fund sees significant upside potential in the company's stock. IDEXX Laboratories has been a strong performer, with its shares rising over 50% in the past year as the company continues to innovate and expand its market share in the growing animal health industry.

  • Andra AP fonden filed its Q3 2025 holdings report with the SEC on February 28, 2026.

The players

Andra AP fonden

A Swedish national pension fund that manages over $50 billion in assets.

IDEXX Laboratories, Inc.

A global leader in veterinary diagnostic products and services, headquartered in Westbrook, Maine.

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The takeaway

Andra AP fonden's significant increase in its IDEXX Laboratories stake highlights the growing investor interest in the veterinary diagnostics industry and IDEXX's strong market position. As the company continues to innovate and expand, it could attract further attention from major institutional investors seeking exposure to the animal health sector.