# Heavy machinery# Automobiles# Military Industries# Services# Infrastructure# Logistics
List of biggest shareholders Shares: 24.56M VOLV-B.ST
Date: Sep 30, 2025
Value ≈ $774,757,674
VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund
Shares: 22.98M VOLV-B.ST
Date: Jul 31, 2025
Value ≈ $724,922,276
CAPITAL WORLD GROWTH & INCOME FUND
Shares: 21.75M VOLV-B.ST
Date: Sep 30, 2025
Value ≈ $686,163,739
EuroPacific Growth Fund-EUPAC Fund
Shares: 14.56M VOLV-B.ST
Date: Sep 30, 2025
Value ≈ $459,157,946
VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund
Shares: 14.13M VOLV-B.ST
Date: Sep 30, 2025
Value ≈ $445,762,641
iShares Trust-iShares Core MSCI EAFE ETF
Shares: 10.69M VOLV-B.ST
Date: Sep 30, 2025
Value ≈ $337,236,786
AMERICAN FUNDS GLOBAL BALANCED FUND
Shares: 6.84M VOLV-B.ST
Date: Sep 30, 2025
Value ≈ $215,872,693
Fidelity Concord Street Trust-Fidelity International Index Fund
Shares: 5.55M VOLV-B.ST
Date: Sep 30, 2025
Value ≈ $175,126,304
iShares Trust-iShares MSCI EAFE ETF
Shares: 5.43M VOLV-B.ST
Date: Sep 30, 2025
Value ≈ $171,123,285
HARRIS ASSOCIATES INVESTMENT TRUST-Oakmark International Fund
Shares: 5.19M VOLV-B.ST
Date: Sep 30, 2025
Value ≈ $163,821,583
VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund
Shares: 2.44M VOLV-A.ST
Date: Jul 31, 2025
Value ≈ $77,040,558
VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund
Shares: 2.12M VOLV-A.ST
Date: Sep 30, 2025
Value ≈ $66,836,029
VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund
Shares: 9.08M VOLCAR-B.ST
Date: Jul 31, 2025
Value ≈ $33,083,280
VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund
Shares: 5.9M VOLCAR-B.ST
Date: Sep 30, 2025
Value ≈ $21,515,211
VANGUARD Intl Eqy. INDEX Fd.S-Vanguard European Stock Index Fd.
Shares: 522.76k VOLV-A.ST
Date: Jul 31, 2025
Value ≈ $16,500,270
SCHWAB STRATEGIC TRUST-Schwab International Equity ETF
Shares: 425.59k VOLV-A.ST
Date: Aug 31, 2025
Value ≈ $13,433,218
VANGUARD Intl Eqy. INDEX Fd.S-Vanguard FTSE All-World ex-US Index Fd.
Shares: 423.25k VOLV-A.ST
Date: Jul 31, 2025
Value ≈ $13,359,107
DFA INVESTMENT DIMENSIONS GROUP INC-Intl Core Eqy. 2 PORT.
Shares: 313.53k VOLV-A.ST
Date: Jul 31, 2025
Value ≈ $9,896,059
SCHWAB STRATEGIC TRUST-Schwab Fundamental International Equity ETF
Shares: 1.99M VOLCAR-B.ST
Date: Aug 31, 2025
Value ≈ $7,257,408
SPDR INDEX SHARES FUNDS-SPDR Portfolio Developed World ex-US ETF
Shares: 219.5k VOLV-A.ST
Date: Sep 30, 2025
Value ≈ $6,928,179
VANGUARD Intl Eqy. INDEX Fd.S-Vanguard European Stock Index Fd.
Shares: 1.52M VOLCAR-B.ST
Date: Jul 31, 2025
Value ≈ $5,547,891
First TRT Exch-Trd AlphaDEX Fd. II-First TRT Developed Markets ex-US A
Shares: 1.46M VOLCAR-B.ST
Date: Sep 30, 2025
Value ≈ $5,308,052
VANGUARD Intl Eqy. INDEX Fd.S-Vanguard FTSE All-World ex-US Index Fd.
Shares: 1.36M VOLCAR-B.ST
Date: Jul 31, 2025
Value ≈ $4,939,963
VANGUARD Intl Eqy. INDEX Fd.S-Vanguard Total World Stock Index Fd.
Shares: 154.71k VOLV-A.ST
Date: Jul 31, 2025
Value ≈ $4,883,088
SCHWAB STRATEGIC TRUST-Schwab Fundamental International Equity ETF
Shares: 151.93k VOLV-A.ST
Date: Aug 31, 2025
Value ≈ $4,795,562
SCHWAB STRATEGIC TRUST-Schwab International Equity ETF
Shares: 1.29M VOLCAR-B.ST
Date: Aug 31, 2025
Value ≈ $4,705,678
VANGUARD WHITEHALL Fd.S-Vanguard Intl High Dividend Yield Index Fd.
Shares: 142.98k VOLV-A.ST
Date: Jul 31, 2025
Value ≈ $4,513,006
DFA INVESTMENT DIMENSIONS GROUP INC-Intl Core Eqy. 2 PORT.
Shares: 1.22M VOLCAR-B.ST
Date: Jul 31, 2025
Value ≈ $4,458,649
First TRT Exch-Trd AlphaDEX Fd. II-First TRT Europe AlphaDEX Fd.
Shares: 1.18M VOLCAR-B.ST
Date: Sep 30, 2025
Value ≈ $4,313,358
DFA INVESTMENT TRUST CO-THE DFA INTERNATIONAL VALUE SERIES
Shares: 916.7k VOLCAR-B.ST
Date: Jul 31, 2025
Value ≈ $3,340,892
Trust for Professional Managers-ActivePassive International Equity ETF
Shares: 70.75k VLVLY
Date: Aug 31, 2025
Value ≈ $2,232,067
Shares: 49.63k VLVLY
Date: Sep 30, 2025
Value ≈ $1,565,984
Ativo Capital Management, LLC
Shares: 42.78k VLVLY
Date: Sep 30, 2025
Value ≈ $1,349,582
Ultimus Managers Trust-Blueprint Adaptive Growth Allocation Fund
Shares: 15.43k VLVLY
Date: Aug 31, 2025
Value ≈ $486,658
Shares: 12.88k VOLV-A.ST
Date: Sep 30, 2025
Value ≈ $406,506
Atlas Capital Advisors Inc
Shares: 7.85k VOLV-B.ST
Date: Jun 30, 2025
Value ≈ $247,512
Shares: 6.44k VLVLY
Date: Sep 30, 2025
Value ≈ $203,118
Minot Deblois Advisors LLC
Shares: 3.75k VOLV-B.ST
Date: Sep 30, 2025
Value ≈ $118,283
Shares: 1.55k VOLV-B.ST
Date: Sep 30, 2025
Value ≈ $48,890
First Horizon Advisors, Inc.
Shares: 1.51k VLVLY
Date: Jun 30, 2025
Value ≈ $47,703
PNC Financial Services Group, Inc.
Shares: 1.01k VLVLY
Date: Sep 30, 2025
Value ≈ $31,960
Shares: 4.66k VOLCAR-B.ST
Date: Jun 30, 2024
Value ≈ $16,972
Coston, McIsaac & Partners
Shares: 315 VLVLY
Date: Sep 30, 2025
Value ≈ $9,938
Shares: 268 VLVLY
Date: Sep 30, 2025
Value ≈ $8,455
Last Updated: February 2025 Volvo Group Volvo Group is a Swedish-based, multinational public company, which manufactures trucks, buses, construction equipment, marine, and industrial engines, and military equipment for the Swedish, French, and American military. Volvo is a direct target for boycotts for its involvement in the demolition of Palestinian homes and construction of illegal settlements, with equipment supplied via its Israeli distributor.
Involvement in Illegal Settlements Volvo Group provides heavy machinery used for the demolition of Palestinian houses in the occupied West Bank, East Jerusalem, and equipment for the construction of illegal Israeli settlements, and of the Separation Wall.
According to Who Profits Volvo Buses, a subsidiary of the Volvo Group, owns 26.5% of Merkavim Transportation Technologies, a private Israeli company that manufactures armored buses used in bus routes to settlements in the occupied West Bank. Merkavim’s remaining shares are held by Mayer's Cars and Trucks, which is the exclusive distributor of Volvo in Israel.
Merkavim’s armored bus, the Mars Defender, was developed in collaboration with the Israeli military. Israel Military Industries (IMI), formerly a state-owned company and now part of Elbit Systems, developed the armor in a joint project with the Israeli Transportation Ministry, Israel Police and Egged.
Merkavim also provides services to the Nachshon Unit, the operational arm of IPS that is responsible, among other things, for the transport of prisoners.
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