Swedbank Robur Fonder AB Maintains 4.27M Share Stake in SolarEdge

Ticker: SEDG · Form: SC 13G/A · Filed: 2024-01-30T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, amendment, passive-investing

TL;DR

**Swedbank Robur Fonder AB still holds over 4.27 million shares of SolarEdge as of year-end 2023.**

AI Summary

Swedbank Robur Fonder AB, a Swedish investment firm, has updated its ownership stake in SolarEdge Technologies, Inc. (SEDG) as of December 31, 2023. The filing, an SC 13G/A, indicates that Swedbank Robur Fonder AB beneficially owns 4,273,621 shares of SolarEdge's common stock, representing a significant holding with both sole voting and sole dispositive power. This matters to investors because it shows a major institutional investor's continued, substantial commitment to SolarEdge, potentially signaling confidence in the company's long-term prospects.

Why It Matters

This filing confirms a large institutional investor's continued significant ownership in SolarEdge, which can influence market perception and stock stability. It signals that a major fund manager sees value in holding SEDG shares.

Risk Assessment

Risk Level: low — This filing is an update on an existing institutional holding, indicating stability rather than a new, volatile event.

Analyst Insight

Investors should note that a major institutional investor, Swedbank Robur Fonder AB, continues to hold a substantial position in SolarEdge, suggesting ongoing confidence. This could be a positive signal, but further research into SolarEdge's fundamentals and Swedbank Robur's investment thesis would be prudent.

Key Numbers

Key Players & Entities

Forward-Looking Statements

FAQ

Who is the reporting person in this SC 13G/A filing?

The reporting person is Swedbank Robur Fonder AB, an investment firm based in Sweden, as stated in 'Item 1. Names of Reporting Persons. Swedbank Robur Fonder AB' and '4. Citizenship or Place of Organization SWEDEN'.

What is the subject company whose shares are being reported?

The subject company is SOLAREDGE TECHNOLOGIES, INC., as identified in the 'Name of Issuer' section of the filing.

How many shares of SolarEdge Technologies, Inc. does Swedbank Robur Fonder AB beneficially own?

Swedbank Robur Fonder AB beneficially owns 4,273,621 shares of SolarEdge Technologies, Inc. common stock, as detailed under '5. Sole Voting Power 4,273,621' and '7. Sole Dispositive Power 4,273,621'.

What 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 in the 'Date of Event Which Requires Filing of this Statement' section.

Under which rule was this Schedule 13G filed?

This Schedule 13G was filed under Rule 13d-1(b), indicated by '[X]?Rule 13d-1(b)' in the filing.

From the Filing

0001547676-24-000007.txt : 20240130 0001547676-24-000007.hdr.sgml : 20240130 20240130094519 ACCESSION NUMBER: 0001547676-24-000007 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240130 DATE AS OF CHANGE: 20240130 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SOLAREDGE TECHNOLOGIES, INC. CENTRAL INDEX KEY: 0001419612 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 205338862 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-89334 FILM NUMBER: 24576147 BUSINESS ADDRESS: STREET 1: 1 HAMADA STREET CITY: HERZILIYA PITUACH STATE: L3 ZIP: 4673335 BUSINESS PHONE: 972 (9) 957-6620 MAIL ADDRESS: STREET 1: 1 HAMADA STREET CITY: HERZILIYA PITUACH STATE: L3 ZIP: 4673335 FORMER COMPANY: FORMER CONFORMED NAME: SolarEdge Technologies Inc DATE OF NAME CHANGE: 20071128 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Swedbank Robur Fonder AB CENTRAL INDEX KEY: 0001547676 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: V7 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 105 34 CITY: STOCKHOLM STATE: V7 ZIP: 105 34 BUSINESS PHONE: 0046858590000 MAIL ADDRESS: STREET 1: 105 34 CITY: STOCKHOLM STATE: V7 ZIP: 105 34 SC 13G/A 1 solaredgeschedule13g.txt SCHEDULE 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ________) SOLAREDGE TECHNOLOGIES, INC (Name of Issuer) Common stock (Title of Class of Securities) Not Applicable (CUSIP Number) 12-31-2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X]?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 person?s 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). Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. 13G CUSIP No.Page 2 of 4 1. Names of Reporting Persons. Swedbank Robur Fonder AB 2. Check the Appropriate Box if a Member of a Group (a) [_] (b) [_] 3. SEC Use Only 4. Citizenship or Place of Organization SWEDEN Number of Shares Beneficially Owned by Each Reporting Person With: 5. Sole Voting Power 4,273,621 6. Shared Voting Power 7. Sole Dispositive Power 4,273,621 8. Shared Dispositive Power 9. Aggregate Amount Beneficially Owned by Each Reporting Person 4,273,621 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares [_] 11. Percent of Class Represented by Amount in Row (9) 7.52% 12. Type of Reporting Person FI 13G CUSIP No. ITEM 1. (a) Name of Issuer: SOLAREDGE TECHNOLOGIES, INC (b) Address of Issuer's Principal Executive Offices: 1 HaMada Street, Herziliya Pituach, 4673335, Israel ITEM 2. (a) Name of Person Filing: SWEDBANK ROBUR FONDER AB (b) Address of Principal Business Office, or if None, Residence: SE-105 34, Stockholm, Sweden (c) Citizenship: Swedish (d) Title of Class of Securities: Common Stock (e) CUSIP Number: ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.240.13d-1(b) OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: (a) [_] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) [_] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [_] Insurance company as defined in Sec

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