{"id":9513,"date":"2026-11-09T10:43:43","date_gmt":"2026-11-09T08:43:43","guid":{"rendered":"https:\/\/finserve.se\/?p=9513"},"modified":"2026-11-09T10:43:43","modified_gmt":"2026-11-09T08:43:43","slug":"exelity-monthly-report-october-2026","status":"publish","type":"post","link":"https:\/\/finserve.se\/en\/exelity-manadsrapport-oktober-2026\/","title":{"rendered":"Exelity monthly report \u2013 October 2026"},"content":{"rendered":"

October was a mixed month on the stock exchange. The large-cap index OMXSPI rose by 0.7 percent and the Carnegie Micro Cap index by 1.3 percent, while First North fell by 3.3 percent. Exelity closed the month at +1.5 percent<\/strong> and thereby beat all of these indices.<\/p>\n\n\n\n

So far this year, Exelity has been up 12.8 percent<\/strong> after fees. This can be compared with First North at \u221215.4 percent, Carnegie Micro Cap at +0.9 percent and OMXSPI at +8.4 percent. The average for Swedish micro- and small cap funds is around 0 percent for the year.<\/p>\n\n\n\n

Since the undersigned took over management in the autumn of 2023, the fund has risen by approximately 90 percent, corresponding to an average annual return of approximately 25 percent. This makes Exelity the best-performing fund among Swedish micro- and small cap funds in terms of return over the period, and we see good prospects for building on this.<\/p>\n\n\n\n

The share portfolio<\/h2>\n\n\n\n

The month-over-month performance was driven by the fund's core holdings. BTS Group<\/strong> The company increased its revenue by 8 percent after signing an AI agreement worth 12.8 MUSD with a leading global company and acquiring Edward Lynx, which strengthened its position in the Nordic and European markets. This contributed approximately 0.8 percent to NAV.<\/p>\n\n\n\n

The reed<\/strong> The stock rose by 10 percent following a strong third-quarter report, with 20 percent organic growth and an EBITA that increased by 90 percent. The contribution to NAV was approximately 0.6 percent.<\/p>\n\n\n\n

On the downside, Oncopeptides and Plejd weighed in with approximately 0.4 and 0.3 percent, respectively. During the month, we also divested our holdings in Nanexa and Gig Software following strong gains, freeing up capital for new opportunities.<\/p>\n\n\n\n

Transactions<\/h2>\n\n\n\n

Activity in transactions has taken off sharply. Until the end of October, Exelity has signed sub-guarantees totaling 38 MSEK<\/strong>, This corresponds to approximately 12 percent of NAV. We estimate that the revenue from the transaction leg corresponds to approximately 1 percent of NAV per month for the remainder of the year.<\/p>\n\n\n\n

We see a strong pipeline with good deals in the pipeline. With a cash position of approximately 16 percent of NAV, we have ample room to act when the right opportunities arise.<\/p>\n\n\n\n

We enter the final months of the year with strong confidence. Our portfolio consists of companies we strongly believe in, the transaction business is growing, and the period leading up to Christmas is usually intense. We are well positioned to continue delivering strong risk-adjusted returns to our shareholders.<\/p>\n\n\n\n

Thank you for your continued trust!<\/p>\n\n\n\n

See monthly text with statistics<\/a><\/p>\n\n\n\n

<\/p>","protected":false},"excerpt":{"rendered":"

Oktober blev en splittrad m\u00e5nad p\u00e5 b\u00f6rsen. Storbolagsindex OMXSPI steg med 0,7 procent och Carnegie Micro Cap med 1,3 procent, medan First North f\u00f6ll med 3,3 procent. Exelity st\u00e4ngde m\u00e5naden p\u00e5 +1,5 procent och slog d\u00e4rmed samtliga dessa index. Hittills i \u00e5r \u00e4r Exelity upp 12,8 procent efter avgifter. Det kan j\u00e4mf\u00f6ras med First North […]<\/p>\n","protected":false},"author":8,"featured_media":7343,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"view_count":"4499","footnotes":""},"categories":[33],"tags":[],"class_list":["post-9513","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exelity"],"_links":{"self":[{"href":"https:\/\/finserve.se\/en\/wp-json\/wp\/v2\/posts\/9513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finserve.se\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finserve.se\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finserve.se\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/finserve.se\/en\/wp-json\/wp\/v2\/comments?post=9513"}],"version-history":[{"count":2,"href":"https:\/\/finserve.se\/en\/wp-json\/wp\/v2\/posts\/9513\/revisions"}],"predecessor-version":[{"id":9515,"href":"https:\/\/finserve.se\/en\/wp-json\/wp\/v2\/posts\/9513\/revisions\/9515"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finserve.se\/en\/wp-json\/wp\/v2\/media\/7343"}],"wp:attachment":[{"href":"https:\/\/finserve.se\/en\/wp-json\/wp\/v2\/media?parent=9513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finserve.se\/en\/wp-json\/wp\/v2\/categories?post=9513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finserve.se\/en\/wp-json\/wp\/v2\/tags?post=9513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}