| Company | Share of NAV | Fair Value (MSEK) |
| Zalando | 40% | 35 641 |
| Tele2 | 26% | 23 208 |
| Livongo | 10% | 8 864 |
| Babylon | 3% | 2 515 |
| VillageMD | 3% | 2 363 |
| Global Fashion Group | 3% | 2 340 |
| MatHem | 1% | 1 132 |
| Other | 14% | 13 614 |
| Portfolio value | 84 081 | |
| Total Net Asset Value | 89 577 |
Net Asset Value
Composition of Kinnevik's NAV per 30 June 2020