Alecta Tjänstepension Amends Autoliv Stake (SC 13G/A)
Ticker: ALV · Form: SC 13G/A · Filed: Jan 17, 2024 · CIK: 1034670
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**Swedish pension fund Alecta just updated its Autoliv holdings.**
AI Summary
Alecta Tjänstepension Ömsesidigt, a Swedish pension fund, filed an amended SC 13G/A on January 17, 2024, indicating its ownership in Autoliv Inc. as of December 31, 2023. This filing, an amendment number 7, updates their previous disclosures regarding their holdings of Autoliv's Common Stock and Swedish Depository Receipts. This matters to investors because it shows a significant institutional investor's continued, and potentially adjusted, stake in Autoliv, which can influence market perception and stock stability.
Why It Matters
This filing reveals an institutional investor's updated position in Autoliv, providing transparency into significant ownership and potentially signaling confidence or a change in investment strategy.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of ownership by an institutional investor and does not inherently signal high risk.
Analyst Insight
An investor should note that a major institutional investor like Alecta Tjänstepension Ömsesidigt continues to hold a position in Autoliv, suggesting ongoing institutional interest. While this filing doesn't detail specific share count changes, it confirms their continued presence as of December 31, 2023. Further investigation into the exact change in beneficial ownership from their previous filing would provide more actionable insight.
Key Numbers
- 7 — Amendment Number (Indicates this is the seventh amendment to Alecta's SC 13G filing for Autoliv Inc.)
- U0508X119 — CINS Number (Unique identification number for Autoliv Inc.'s securities.)
- December 31, 2023 — Event Date (The specific date on which the ownership requiring this filing was determined.)
Key Players & Entities
- Alecta Tjänstepension Ömsesidigt (company) — the reporting person and institutional investor
- Autoliv Inc. (company) — the subject company whose securities are being reported
- Sweden (company) — place of organization for Alecta Tjänstepension Ömsesidigt
- December 31, 2023 (date) — date of event requiring the filing
- January 17, 2024 (date) — date the filing was made
- $1.00 (dollar_amount) — par value per share of Autoliv Common Stock
Forward-Looking Statements
- Alecta Tjänstepension Ömsesidigt will maintain a significant institutional stake in Autoliv Inc. throughout 2024. (Alecta Tjänstepension Ömsesidigt) — medium confidence, target: December 31, 2024
FAQ
What type of filing is this and who filed it?
This is an SC 13G/A filing, which is an amendment to a Schedule 13G. It was filed by Alecta Tjänstepension Ömsesidigt, a Swedish pension fund, regarding their ownership in Autoliv Inc.
What is the date of the event that triggered this filing?
The date of the event which required the filing of this statement was December 31, 2023, as stated in the filing.
What class of securities is being reported in this filing?
The filing reports on 'Common Stock, par value $1.00 per share' and 'Swedish Depository Receipts, each representing one share of Common Stock' of Autoliv Inc.
What rule under the Securities Exchange Act of 1934 is this Schedule filed under?
This Schedule is filed under Rule 13d-1(b) of the Securities Exchange Act of 1934, as indicated by the checked box '[X] Rule 13d-1(b)'.
What is the citizenship or place of organization of the reporting person, Alecta Tjänstepension Ömsesidigt?
The citizenship or place of organization for Alecta Tjänstepension Ömsesidigt is Sweden, as stated on the cover page of the filing.
Filing Stats: 963 words · 4 min read · ~3 pages · Grade level 11.1 · Accepted 2024-01-17 07:40:05
Key Financial Figures
- $1.00 — ame of Issuer) Common Stock, par value $1.00 per share Swedish Depository Receipts,
Filing Documents
- formsc13ga.htm (SC 13G/A) — 28KB
- 0001062993-24-000927.txt ( ) — 29KB
Ownership
Item 4. Ownership (a) Amount Beneficially Owned: 4,704,200 (b) Percent of Class: 5,69% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 4,704,200 (ii) Shared power to vote or to direct the vote: -0- (iii) Sole power to dispose or to direct the disposition of: 4,704,200 (iv) Shared power to dispose or to direct the disposition of: -0-
Ownership of Five Percent or Less of a Class
Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ].
Ownership of more than Five Percent on Behalf of Another Person
Item 6. Ownership of more than Five Percent on Behalf of Another Person. Not Applicable Item 7. Identification and classification of the subsidiary which acquired the security being reported on by the parent holding company or control person. Not Applicable
Identification and classification of members of the group
Item 8. Identification and classification of members of the group. Not Applicable
Notice of Dissolution of Group
Item 9. Notice of Dissolution of Group. Not Applicable
Certifications
Item 10. Certifications. Page 4 of 5 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: 2024-01-08 /s/ Pablo Bernengo /s/ Tony Persson Chief Executive Officer, Chief Legal Officer The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative (other than an executive officer or general partner of this filing person), evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature. Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001). Page 5 of 5