Protean Funds makes portfolio changes with additions and exits

* Protean Small Cap gained 5.7% in May, outperforming the Carnegie Nordic Small-Cap Index's 3.3% return. Meanwhile, Protean Select returned 1.4% in May, while Protean Aktiesparfond Norden gained 3.2%, trailing its benchmark index's 4.0% rise.
* The fund initiated positions in Octave (NASDAQ: OCTV [https://seekingalpha.com/symbol/OCTV]), Biomar through its IPO, and Truecaller (TRUBF [https://seekingalpha.com/symbol/TRUBF]) during the period.
* The fund fully exited Autoliv (NYSE: ALV [https://seekingalpha.com/symbol/ALV]), BioGaia (BIOGY [https://seekingalpha.com/symbol/BIOGY]), Rusta, Harvia (HRVFF [https://seekingalpha.com/symbol/HRVFF]), MTG, and Meko.
* Source [https://seekingalpha.com/article/4911225-protean-funds-scandinavia-ab-may-2026-partner-letter].

MORE ON OCTAVE INTELLIGENCE PLC, TRUECALLER AB (PUBL), ETC.

* Harvia Oyj 2026 Q1 - Results - Earnings Call Presentation [https://seekingalpha.com/article/4901047-harvia-oyj-2026-q1-results-earnings-call-presentation]
* BioGaia AB (publ) 2026 Q1 - Results - Earnings Call Presentation [https://seekingalpha.com/article/4901046-biogaia-ab-publ-2026-q1-results-earnings-call-presentation]
* Harvia Oyj (HRVFF) Q1 2026 Earnings Call Transcript [https://seekingalpha.com/article/4900754-harvia-oyj-hrvff-q1-2026-earnings-call-transcript]
* Autoliv to shut Türkiye manufacturing operations by 2028 [https://seekingalpha.com/news/4589550-autoliv-to-shut-turkiye-manufacturing-operations-by-2028]
* Autoliv reiterates 2026 adjusted operating margin of 10.5% to 11% and $1.2B operating cash flow, while flagging $90M raw material headwind [https://seekingalpha.com/news/4576225-autoliv-reiterates-2026-adjusted-operating-margin-of-10_5-percent-to-11-percent-and-1_2b]