Dodge & Cox Amends AEGON LTD. Stake, Maintains Passive Investment

TL;DR

**Dodge & Cox still holds AEGON shares, signaling continued institutional confidence.**

AI Summary

Dodge & Cox, a California-based investment management firm, filed an Amendment No. 17 to its SC 13G filing on February 8, 2024, indicating its ownership of Common Shares in AEGON LTD. as of December 31, 2023. This filing updates their previous disclosures, showing their continued significant, but passive, investment in the life insurance company. For investors, this means a major institutional holder remains committed to AEGON, which can signal confidence in the company's long-term prospects.

Why It Matters

This filing confirms that a large institutional investor, Dodge & Cox, continues to hold a significant stake in AEGON LTD., providing a vote of confidence that can influence other investors' perceptions of the stock.

Risk Assessment

Risk Level: low — This is a routine amendment filing by a passive institutional investor, indicating no immediate change in investment strategy or control.

Analyst Insight

Investors should note that a major institutional investor, Dodge & Cox, continues to hold a stake in AEGON LTD. This suggests a stable, long-term outlook from a sophisticated investor, but the filing itself doesn't indicate any new buying or selling activity that would warrant immediate action.

Key Players & Entities

• Dodge & Cox (company) — the reporting person and institutional investor
• AEGON LTD. (company) — the subject company whose shares are being reported
• December 31, 2023 (date) — the date of the event requiring this filing
• February 8, 2024 (date) — the date the SC 13G/A was filed
• Amendment No. 17 (number) — the specific amendment number of the filing

Forward-Looking Statements

• Dodge & Cox will likely maintain its passive investment strategy in AEGON LTD. in the near future. (Dodge & Cox) — high confidence, target: Q2 2024

FAQ

Filing Documents

• d28798dsc13ga.htm (SC 13G/A) — 36KB
• 0001193125-24-027975.txt ( ) — 38KB

From the Filing

SC 13G/A 1 d28798dsc13ga.htm SC 13G/A SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 17)* Aegon Ltd. (Name of Issuer) Common Shares (Title of Class of Securities) 0076CA104 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). PAGE 1 OF 5 PAGES CUSIP NO. 0076CA104 13G PAGE 2 OF 5 PAGES 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Dodge & Cox 94-1441976 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)(b) N/A 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION California - U.S.A. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 70,010,588 Common Shares and 118,687,750 New York Registry Shares 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 73,150,688 Common Shares and 124,975,717 New York Registry Shares 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 73,150,688 Common Shares and 124,975,717 New York Registry Shares 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* N/A 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 9.8% 12 TYPE OF REPORTING PERSON* IA PAGE 3 OF 5 PAGES Item1(a) Name of Issuer : Aegon Ltd. Item1(b) Address of Issuers Principal Executive Offices : Aegonplein 50 P.O. Box 85 2501 CB The Hague The Netherlands Item2(a) Name of Person Filing : Dodge & Cox Item2(b) Address of the Principal Office or, if none, Residence : 555 California Street, 40th Floor San Francisco, CA 94104 Item2(c) Citizenship : California - U.S.A. Item2(d) Title of Class of Securities : Common Shares Item2(e) CUSIP Number : 0076CA104 Item3 If the Statement is being filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a : (e) Investment Advisor registered under section 203 of the Investment Advisors Act of 1940 Item4 (a) Amount Beneficially Owned : 73,150,688 Common Shares and 124,975,717 New York Registry Shares (b) Percent of Class : 9.8% PAGE 4 OF 5 PAGES (c) Number of shares as to which such person has : (i) sole power to vote or direct the vote: 70,010,588 Common Shares and 118,687,750 New York Registry Shares (ii) shared power to vote or direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 73,150,688 Common Shares and 124,975,717 New York Registry Shares (iv) shared power to dispose or to direct the disposition of: 0 Item5 Not applicable. Item6 The clients of Dodge & Cox, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or power to direct the receipt of dividends from, and the proceeds from the sale of, Aegon Ltd. Item7 Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company : Not applicable. Item8 Identification and Classification of Members of the Group : Not applicable. Item9 Notice of Dissolution of a Group : Not applicable. Item10 Certification : By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purpose or effect. PAGE 5 OF 5 PAGES SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 8, 2024 DODGE & COX By: /S/ Katherine M. Primas Name: Katherine M. Primas Title: Chief Compliance Officer

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View this SC 13G/A filing on SEC EDGAR