AMF Tjanstepension AB Discloses 5.7% Stake in Autoliv Inc.
Ticker: ALV · Form: SC 13G/A · Filed: Feb 5, 2024 · CIK: 1034670
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, passive-investing, amendment, equity-stake
TL;DR
**Swedish pension fund AMF Tjanstepension AB still owns 5.7% of Autoliv as of Dec 31, 2023.**
AI Summary
AMF Tjanstepension AB, a Swedish pension fund, filed an amendment to its SC 13G/A on February 5, 2024, disclosing its ownership in Autoliv, Inc. as of December 31, 2023. The filing indicates that AMF Tjanstepension AB holds 5,000,000 shares of Autoliv common stock, representing 5.7% of the company's outstanding shares. This matters to investors because it shows a significant institutional investor maintains a substantial stake in Autoliv, potentially signaling confidence in the company's long-term prospects.
Why It Matters
This filing reveals a major institutional investor's continued significant ownership in Autoliv, which can influence market perception and potentially provide stability to the stock.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of an existing ownership stake and does not indicate any immediate new risks or changes.
Analyst Insight
A smart investor would note the continued significant institutional ownership by AMF Tjanstepension AB as a sign of long-term confidence, but recognize this is a passive stake and doesn't signal immediate operational changes or activist intent.
Key Numbers
- 5,000,000 — Shares Owned (The number of Autoliv common shares held by AMF Tjanstepension AB.)
- 5.7% — Ownership Percentage (The percentage of Autoliv's common stock owned by AMF Tjanstepension AB, indicating a significant stake.)
- December 31, 2023 — Reporting Date (The specific date for which the ownership data is reported, providing a clear snapshot.)
Key Players & Entities
- AMF Tjanstepension AB (company) — the reporting person, a Swedish pension fund
- Autoliv, Inc. (company) — the subject company, a motor vehicle parts & accessories manufacturer
- 5,000,000 (dollar_amount) — shares of common stock held by AMF Tjanstepension AB
- 5.7% (dollar_amount) — percentage of Autoliv's common stock owned by AMF Tjanstepension AB
- December 31, 2023 (date) — the date of the event requiring the filing
Forward-Looking Statements
- AMF Tjanstepension AB will maintain a significant, passive stake in Autoliv, Inc. for the foreseeable future. (AMF Tjanstepension AB) — high confidence, target: December 31, 2024
FAQ
What is the purpose of this SC 13G/A filing?
This SC 13G/A filing is an amendment (Amendment No. 11) to a Schedule 13G, indicating that AMF Tjanstepension AB is updating its previously reported beneficial ownership of Autoliv, Inc. common stock as of December 31, 2023.
Who is the reporting person in this filing, and what is their relationship to Autoliv, Inc.?
The reporting person is AMF Tjanstepension AB, a Swedish pension fund. They are an institutional investor holding a significant stake in Autoliv, Inc., but not an insider or active participant in management, as indicated by the 13G filing type (passive investor).
How many shares of Autoliv, Inc. common stock does AMF Tjanstepension AB beneficially own, and what percentage does this represent?
AMF Tjanstepension AB beneficially owns 5,000,000 shares of Autoliv, Inc. common stock, which represents 5.7% of the company's outstanding shares as of December 31, 2023.
What is the CUSIP number for Autoliv, Inc. common stock mentioned in the filing?
The CUSIP number for Autoliv, Inc. common stock is 052800109, as stated on the cover page of the filing.
When was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023, as specified on the cover page.
Filing Stats: 1,480 words · 6 min read · ~5 pages · Grade level 7.6 · Accepted 2024-02-05 16:05:27
Key Financial Figures
- $1.00 — me of Issuer) Common stock, par value $1.00 per share (represented by Swedish Dep
Filing Documents
- d751416dsc13ga.htm (SC 13G/A) — 62KB
- 0001193125-24-024043.txt ( ) — 64KB
SIGNATURES
SIGNATURES 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 5, 2024 AMF TJÄNSTEPENSION AB /s/ Marie Karlsson Marie Karlsson, Head of Accounting Name/Title /s/ Fredrik Bergqvist Fredrik Bergqvist, Head of Legal Department Name/Title AMF FONDER AB /s/ Tomas Floden Tomas Floden, CEO Name/Title /s/ Christoffer Axelsson Christoffer Axelsson, COO Name/Title