| Company | Share of NAV | Fair Value (MSEK) |
| Zalando | 39% | 46 310 |
| Tele2 | 19% | 22 073 |
| Teladoc | 10% | 11 868 |
| Global Fashion Group | 8% | 9 067 |
| VillageMD | 6% | 7 280 |
| Babylon | 2% | 2 680 |
| Cedar | 2% | 2 431 |
| Other | 14% | 16 043 |
| Portfolio value | 114 490 | |
| Total Net Asset Value | 117 752 |
Net Asset Value
Composition of Kinnevik's NAV per 31 March 2021