Norges Bank Amends Equitable Holdings Stake (SC 13G/A)
Ticker: EQH-PC · Form: SC 13G/A · Filed: Jan 26, 2024 · CIK: 1333986
| Field | Detail |
|---|---|
| Company | Equitable Holdings, INC. (EQH-PC) |
| Form Type | SC 13G/A |
| Filed Date | Jan 26, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
Related Tickers: EQH
TL;DR
**Norges Bank updated its passive stake in Equitable Holdings as of year-end 2023.**
AI Summary
Norges Bank, the central bank of Norway, filed an amended SC 13G/A on January 26, 2024, indicating its ownership of Equitable Holdings, Inc. common stock as of December 31, 2023. This filing, Amendment No. 5, updates their previous disclosures regarding their passive investment in the insurance giant. For investors, this matters because Norges Bank is a significant institutional investor, and changes in their holdings can signal shifts in confidence or strategy regarding Equitable Holdings, Inc. (EQH).
Why It Matters
This filing shows Norges Bank's continued, albeit passive, interest in Equitable Holdings, Inc., providing transparency into a major institutional investor's position.
Risk Assessment
Risk Level: low — This is a routine amendment from a passive institutional investor and does not indicate any immediate risk or significant change in company fundamentals.
Analyst Insight
Investors should note that Norges Bank maintains a passive stake in Equitable Holdings, Inc. This filing is a routine update and doesn't suggest any immediate need for action, but it confirms continued institutional interest.
Key Players & Entities
- Norges Bank (company) — the reporting person and institutional investor
- Equitable Holdings, Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring this filing
- January 26, 2024 (date) — the filing date of the SC 13G/A amendment
- Amendment No. 5 (number) — the specific amendment number for this filing
FAQ
What type of filing is this and who filed it?
This is an SC 13G/A filing, an amendment to a Schedule 13G, filed by Norges Bank regarding its holdings in Equitable Holdings, Inc.
What is the purpose of an SC 13G/A filing?
An SC 13G/A is an amendment to a Schedule 13G, which is used by passive institutional investors to report beneficial ownership of 5% or more of a company's stock. The 'A' indicates it's an amendment to a previously filed statement, updating the information.
What is the 'Date of Event which Requires Filing of this Statement'?
The 'Date of Event which Requires Filing of this Statement' is December 31, 2023, as stated in the filing.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), as indicated by the 'X' in the appropriate box on the cover page.
What is the CUSIP number for Equitable Holdings, Inc. common stock?
The CUSIP number for Equitable Holdings, Inc. common stock is 29452E101, as listed in the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 26, 2024 regarding Equitable Holdings, Inc. (EQH-PC).