EQH Equitable Holdings, Inc. Common Stock

NYSE · Financial Services · View on SEC EDGAR ↗
$51.49
Price · Aug 18, 2026
Fundamentals as of Aug 6, 2026

About Equitable Holdings, Inc. Common Stock Company overview from Wikipedia

Equitable Holdings, Inc. is an American financial services and insurance company that was founded in 1859 by Henry Baldwin Hyde.

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Equitable Holdings, Inc. (formerly The Equitable Life Assurance Society of the United States and AXA Equitable Life Insurance Company, and also known as The Equitable) is an American financial services and insurance company that was founded in 1859 by Henry Baldwin Hyde.

In 1991, French insurance firm AXA acquired majority control of Equitable. In 2004, the company officially changed its name to AXA Equitable Life Insurance Company. In January 2020, it changed its name to Equitable Holdings, Inc. following its spinoff from AXA and the related public offerings beginning in May 2018.

History

The Equitable Life Assurance Society of the United States opened its headquarters at the Equitable Life Building in 1870 in the Financial District of Manhattan, with entrances facing Broadway, Pine Street, and Cedar Street. Aside from Henry Baldwin Hyde, who was president of Equitable, the firm's officers included James Waddell Alexander (vice president); George W. Phillips (actuary), who was Vice President of the Actuarial Society of America; and Samuel Borrowe (secretary), a member of a prominent New York family connected to the Hallett and Alsop families.

Between 1889 and 1891, Equitable built the Palais Equitable at Stock-im-Eisen-Platz, today part of the Stephansplatz, in the Innere Stadt of Vienna, Austria.

James Waddell Alexander was the company president at the time of the Hyde costume ball scandal in 1905. James Hazen Hyde, the son of the founder and a vice president of the company, was falsely accused through a media smear campaign initiated by Alexander and board directors E. H. Harriman, Henry Clay Frick and J.P. Morgan of charging a fabulous $200,000 Versailles-themed affair to the company. The repercussions rocked Wall Street and resulted in an investigation of the entire insurance industry by the New York State Legislature.

After the company's headquarters building burned down in 1912, Equitable erected the Equitable Building on the same site in Manhattan.

As one of the largest insurers of its time, Equitable had close ties to influential industrial magnates. In 1915, T. Coleman du Pont acquired a majority stake in Equitable Life Assurance from J. P. Morgan Jr.

In 1943, during World War II, Equitable began underwriting policies for the War Agencies Employees Protective Association to provide group life insurance to U.S. Government employees working in or around war zones. Through WAEPA, Equitable sold policies to employees of some 40 U.S. agencies, including individuals from the Office of Strategic Services and War Information, which often sent their men behind enemy lines, and air-traveling statesmen and Congressmen. By May 1945, only 24 death claims had been filed (about half the normal peacetime rate for a group plan covering 7,000 workers), allowing the insurer to return roughly 30% of the premiums to WAEPA.

In 1954, following blockbusting in East Palo Alto, Equitable pursued a policy forbidding issuing mortgages to white families in integrated communities in order to make receiving government-insured mortgages more difficult in racially heterogeneous areas. This decision helped facilitate white flight and the resulting demographic shift of East Palo Alto.

In 1985, the Equitable Life Assurance Society of the United States, then the third largest life insurance company in the country, formed Equitable Real Estate Investment Management, a subsidiary used by Equitable Life to develop and finance new real estate projects and manage the US$20 billion worth of real estate under Equitable's control.

In December 1990, Equitable announced its decision to demutualize under New York's liberalizing laws. This was intended to enable Equitable to increase and diversify its asset base.

AXA acquisition

On July 18, 1991, AXA Group of France bought a $1 billion stake in Equitable Life Assurance Society, for a 49% stake in the business. This enabled Equitable to set aside $500 million for losses in its real estate and junk bond portfolios. There had been rumors that Equitable was nearing a bankruptcy filing prior to the AXA Group infusion of capital.

The investment by AXA Group significantly altered the trajectory of both companies. By 1997, the assets of the U.S. operation, the Equitable Insurance Group, had reached nearly a quarter of a trillion dollars, and by 2003, AXA Equitable Insurance Company was the leading carrier in the world with more than 50 million clients, in more than 50 countries, and with nearly a trillion dollars in client assets.

By 2018, AXA, facing tougher European solvency laws, decided to re-balance its operations from life and annuities and towards property and casualty – from financial risks to insurance risks. As a result, the company decided to begin the process to spin off the U.S. operations, the old Equitable Life Assurance company. In its filing, AXA noted that once the IPO took place, there would be four separate companies created: AXA Equitable Life Insurance Company, AXA Distribution Holding Corp., EQ AZ Life Re Company, and MONY Life Insurance Company of America.

Equitable Holdings

In May 2018, AXA announced the successful completion of the IPO of AXA Equitable Holdings, raising $2.75 billion on the sale of 24.5% of the outstanding shares. Additionally, the company announced an issuance of $750 million of bonds mandatorily exchangeable into shares of AXA Equitable Holdings stock. And finally, $502 million of options were exercised, bringing the total to $4.02 billion in proceeds to AXA.

On March 25, 2019, AXA announced the successful completion of a secondary common stock offering of 40 million shares of AXA Equitable Holdings, Inc. (ticker EQH), bringing down their ownership stake from approximately 60% to 48.3% and raising net proceeds of $1.5 billion.

On November 7, 2019, AXA announced the sale of its remaining stake in AXA Equitable Holdings (EQH), selling 144 million shares of common stock to Goldman Sachs, which was the sole underwriter for the public offering of the shares. The expected close date was stated by the company at the time as November 13, 2019. This brought to a close a long and largely successful chapter in Equitable's history – the end of the AXA Group ownership of the company.

On January 14, 2020, Equitable unveiled its new branding. In addition to an operating name change, the refreshed brand included a new logo, representative of the Greek goddess Athena, which has been a consistent element of the company’s 160-year-old visual identity.

In March 2026, Equitable Holdings announced a merger with Corebridge Financial through a all-stock merger worth $22 billion, which would create a combined company with $1.5 trillion in assets under management and over 12 million clients.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

EQH Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$51.49
Market Cap
P/E (TTM)
-9.9
EPS (TTM)
$-4.83
Revenue (TTM)
$11.66B
Div Yield
ROE
Debt/Equity
52W Range
$35 – $55

EQH Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $11.66B
6-point trend, -6.0%
2020-12-31 2025-12-31
EPS $-4.83
6-point trend, -209.6%
2020-12-31 2025-12-31
Free Cash Flow
Margins

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
EQH
Peer Median
P/E (TTM)
5-point trend, -219.7%
-9.9
31.6

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
EQH
Peer Median

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
EQH
Peer Median

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
EQH
Peer Median
Revenue YoY
5-point trend, +53.2%
-6.1%
Revenue CAGR 3Y
5-point trend, +53.2%
-2.6%
Revenue CAGR 5Y
5-point trend, +53.2%
-1.2%
EPS YoY
5-point trend, -221.4%
7.9%
Net Income YoY
5-point trend, -178.6%
-0.23%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
EQH
Peer Median
EPS (Diluted)
5-point trend, -221.4%
$-4.83

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
EQH
Peer Median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
Payout Ratio
5Y Div CAGR
Ex-dateAmount
Aug. 3, 2026$0.3000
June 1, 2026$0.3000
March 4, 2026$0.2700
Nov. 24, 2025$0.2700
Aug. 5, 2025$0.2700
June 2, 2025$0.2700
March 5, 2025$0.2400
Nov. 26, 2024$0.2400
Aug. 6, 2024$0.2400
June 3, 2024$0.2400
Feb. 23, 2024$0.2200
Nov. 24, 2023$0.2200
Aug. 4, 2023$0.2200
June 2, 2023$0.2200
Feb. 24, 2023$0.2000
Nov. 25, 2022$0.2000
Aug. 5, 2022$0.2000
May 26, 2022$0.2000
Feb. 25, 2022$0.1800
Nov. 26, 2021$0.1800

EQH Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 18 analysts
  • Strong Buy 5 27.8%
  • Buy 12 66.7%
  • Hold 1 5.6%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

11 analysts · 2026-08-13
Median target $60.00 +16.5%
Mean target $61.55 +19.5%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
-0.09%
Period EPS Actual EPS Est Surprise
June 30, 2026 $1.70 $1.68 0.02%
March 31, 2026 $1.62 $1.63 -0.01%
Dec. 31, 2025 $1.73 $1.77 -0.04%
Sept. 30, 2025 $1.48 $1.63 -0.15%
June 30, 2025 $1.10 $1.30 -0.20%
March 31, 2025 $1.30 $1.49 -0.19%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
EQH -9.9 -6.1%
APO $83.81B 26.1 22.7% 10.9% 17.2%
CRBG -44.4 -1.2%
JXN $7.13B -444.4 104.3% 0.40% 0.27%
VOYA $6.99B 11.8 1.7% 8.0% 14.6%
ALRS $572M 33.1 1.1% 7.8% 3.3%
SOR
NEWT

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 10
Annual Income Statement data for EQH
Metric Trend 2025202420232022202120202019201820172016
Revenue 10-point trend, -0.8% $11.66B $12.43B $10.46B $12.64B $7.61B $12.41B $9.62B $12.07B $12.43B $11.76B
Interest Expense 8-point trend, +31.0% · · $228M $201M $244M $200M $221M $231M $160M $174M
Interest Income 6-point trend, +43.0% · · · · $3.92B $3.55B $3.77B $2.77B $3.15B $2.74B
Pretax Income 10-point trend, -158.9% $-1.19B $2.08B $714M $2.98B $2.61B $-1.09B $-2.06B $2.49B $1.24B $2.03B
Income Tax 10-point trend, -141.3% $-156M $280M $-910M $594M $439M $-744M $-593M $301M $42M $378M
Net Income 10-point trend, -210.0% $-1.38B $1.28B $1.28B $2.14B $1.75B $-648M $-1.76B $1.85B $778M $1.25B
EPS (Basic) 10-point trend, -315.6% $-4.83 $3.74 $3.44 $5.46 $4.02 $-1.56 $-3.57 $3.33 $1.39 $2.24
EPS (Diluted) 10-point trend, -315.6% $-4.83 $3.69 $3.42 $5.42 $3.98 $-1.56 $-3.57 $3.33 $1.39 $2.24
Shares (Basic) 10-point trend, -46.9% 298,100,000 321,200,000 350,100,000 377,600,000 417,400,000 450,400,000 493,600,000 556,400,000 561,000,000 561,000,000
Shares (Diluted) 10-point trend, -46.9% 298,100,000 324,800,000 351,600,000 379,900,000 421,200,000 450,400,000 493,600,000 556,500,000 561,000,000 561,000,000
Balance Sheet 15
Annual Balance Sheet data for EQH
Metric Trend 2025202420232022202120202019201820172016
Cash & Equivalents 10-point trend, +120.4% $12.46B $6.96B $8.24B $4.28B $5.19B $6.18B $4.41B $4.47B $4.81B $5.65B
Goodwill 3-point trend, -7.5% · · · · · · · $4.57B $4.57B $4.94B
Total Assets 9-point trend, +35.0% $317.99B $295.73B $276.69B $252.70B $292.26B $275.40B $249.82B $220.78B $235.62B ·
Short-term Debt 9-point trend, -98.7% $25M $0 $254M $759M $92M $0 $0 $546M $1.86B ·
Deferred Tax 4-point trend, -100.0% · · · · $0 $749M $528M $35M · ·
Total Liabilities 9-point trend, +44.7% $316.20B $292.18B $271.55B $249.11B $278.70B $258.08B $234.41B $205.22B $218.47B ·
Total Debt 7-point trend, +602.0% · $3.83B $4.07B $4.08B $92M $0 $0 $546M · ·
Common Stock 10-point trend, +0.0% $5M $5M $5M $4M $4M $5M $5M $5M $5M $5M
Paid-in Capital 9-point trend, +48.7% $1.93B $2.34B $2.33B $2.30B $1.92B $1.99B $1.92B $1.91B $1.30B ·
Retained Earnings 9-point trend, -31.6% $8.37B $10.63B $10.25B $9.82B $8.88B $10.70B $11.74B $13.94B $12.22B ·
Treasury Stock 9-point trend, +5165000000.00 $5.17B $4.20B $3.71B $3.30B $2.85B $2.25B $1.83B $640M $0 ·
AOCI 9-point trend, -5714.8% $-6.28B $-8.71B $-7.80B $-8.99B $2.00B $3.86B $844M $-1.41B $-108M ·
Stockholders' Equity 9-point trend, -100.6% $-74M $1.56B $2.64B $1.40B $11.52B $15.58B $13.46B $13.80B $13.42B ·
Liabilities + Equity 9-point trend, +35.0% $317.99B $295.73B $276.69B $252.70B $292.26B $275.40B $249.82B $220.78B $235.62B ·
Shares Outstanding 9-point trend, -49.5% 283,358,187 309,900,248 333,877,990 365,081,940 391,290,224 440,776,011 463,711,392 528,861,758 561,000,000 ·
Cash Flow 12
Annual Cash Flow data for EQH
Metric Trend 2025202420232022202120202019201820172016
D&A 3-point trend, +74.9% · · · · · · $675M $296M $386M ·
Deferred Tax 10-point trend, -601.4% $-1.05B $138M $-939M $593M $310M $-749M $-664M $809M $168M $209M
Operating Cash Flow 10-point trend, +402.5% $714M $2.01B $-208M $-250M $-193M $-61M $-216M $61M $-243M $-236M
Investing Cash Flow 10-point trend, -90.2% $-10.97B $-15.86B $-4.85B $-7.49B $-12.69B $-7.82B $-8.50B $-2.05B $-9.69B $-5.77B
Debt Issued 10-point trend, +495000000.00 $495M $0 $497M $0 $0 $0 $0 $4.06B $0 $0
Net Debt Issued 5-point trend, -100.0% · $0 $497M · · $0 $-300M $4.06B · ·
Stock Repurchased 10-point trend, +1450000000.00 $1.45B $1.01B $919M $849M $1.64B $430M $1.35B $648M $0 $0
Net Stock Activity 7-point trend, -56.5% · $-1.01B $-919M $-849M $-1.64B $-430M $-1.30B $-648M · ·
Dividends Paid 10-point trend, +314000000.00 $314M $302M $301M $294M $296M $297M $285M $157M $0 $0
Financing Cash Flow 10-point trend, +207.5% $15.72B $12.44B $9.00B $7.04B $11.95B $9.67B $8.71B $1.66B $9.07B $5.11B
Net Change in Cash 10-point trend, +708.9% $5.50B $-1.43B $3.96B $-748M $-952M $1.81B $1M $-345M $-840M $-903M
Taxes Paid 10-point trend, +1758.1% $576M $-38M $265M $89M $305M $-173M $-506M $57M $31M $31M
Profitability 4
Annual Profitability data for EQH
Metric Trend 2025202420232022202120202019201820172016
Net Margin 7-point trend, -30.3% · 10.5% 12.4% 12.7% -4.0% -5.2% -18.1% 15.1% · ·
Pretax Margin 7-point trend, -16.7% · 17.0% 7.0% 18.0% -1.5% -8.8% -21.2% 20.4% · ·
ROA 7-point trend, -45.7% · 0.44% 0.49% 0.65% -0.15% -0.24% -0.74% 0.81% · ·
ROE 7-point trend, +308.5% · 54.6% 64.3% 27.1% -3.2% -3.9% -12.7% 13.4% · ·
Liquidity & Solvency 2
Annual Liquidity & Solvency data for EQH
Metric Trend 2025202420232022202120202019201820172016
Debt / Equity 7-point trend, +6037.8% · 2.4 1.5 2.5 0.0 0.0 0.0 0.0 · ·
LT Debt / Equity 3-point trend, +20.7% · 2.4 1.4 2.0 · · · · · ·
Efficiency 1
Annual Efficiency data for EQH
Metric Trend 2025202420232022202120202019201820172016
Asset Turnover 7-point trend, -21.9% · 0.0 0.0 0.1 0.0 0.0 0.0 0.1 · ·
Per Share 6
Annual Per Share data for EQH
Metric Trend 2025202420232022202120202019201820172016
Book Value / Share 7-point trend, -80.5% · $5.11 $7.93 $4.54 $29.44 $35.34 $29.19 $26.22 · ·
Revenue / Share 7-point trend, +76.4% · $38.29 $29.94 $36.90 $26.44 $27.56 $19.43 $21.70 · ·
Cash Flow / Share 7-point trend, +5535.1% · $6.18 $-0.59 $-2.24 $-1.81 $-0.14 $-0.44 $0.11 · ·
Cash / Share 7-point trend, +165.9% · $22.47 $24.68 $11.73 $13.26 $14.02 $9.50 $8.45 · ·
Dividend / Share 9-point trend, +1.05 $1 $1 $1 $1 $1 $1 $1 $0 $0 ·
EPS (TTM) 8-point trend, -245.0% $-4.83 $3.69 $3.42 $5.42 $3.98 $-1.56 $-3.57 $3.33 · ·
Growth Rates 8
Annual Growth Rates data for EQH
Metric Trend 2025202420232022202120202019201820172016
Revenue YoY 5-point trend, +84.2% -6.1% 18.8% -17.3% 66.1% -38.7% · · · · ·
Revenue CAGR 3Y 3-point trend, +52.3% -2.6% 17.7% -5.5% · · · · · · ·
Revenue CAGR 5Y -1.2% · · · · · · · · ·
EPS YoY 3-point trend, -78.8% · 7.9% -37.4% 37.2% · · · · · ·
EPS CAGR 3Y · -2.5% · · · · · · · ·
Net Income YoY 3-point trend, -101.0% · -0.23% -40.4% 22.7% · · · · · ·
Net Income CAGR 3Y · -10.0% · · · · · · · ·
Dividend CAGR 5Y 1.1% · · · · · · · · ·
Valuation (TTM) 14
Annual Valuation (TTM) data for EQH
Metric Trend 2025202420232022202120202019201820172016
Revenue TTM 8-point trend, -3.3% $11.66B $12.43B $10.46B $12.64B $7.61B $12.41B $9.62B $12.07B · ·
Net Income TTM 8-point trend, -174.4% $-1.38B $1.28B $1.28B $2.14B $1.75B $-648M $-1.76B $1.85B · ·
Market Cap 7-point trend, +66.2% · $14.62B $11.12B $10.48B $12.83B $11.28B $11.49B $8.79B · ·
Enterprise Value 7-point trend, +135.8% · $11.49B $6.95B $10.28B $7.73B $5.10B $7.09B $4.87B · ·
P/E 8-point trend, -297.5% -9.9 12.8 9.7 5.3 8.2 -16.4 -6.9 5.0 · ·
P/S 7-point trend, +61.5% · 1.2 1.1 0.8 1.7 0.9 1.2 0.7 · ·
P/B 7-point trend, +1354.0% · 9.2 4.2 6.3 1.1 0.7 0.8 0.6 · ·
P / Tangible Book 5-point trend, +1189.8% · 9.3 4.2 7.5 1.1 0.7 · · · ·
P / Cash Flow 7-point trend, -94.9% · 7.3 -53.5 -12.3 -17.0 -184.9 -53.2 144.2 · ·
EV / Revenue 7-point trend, +129.0% · 0.9 0.7 0.8 1.0 0.4 0.7 0.4 · ·
Dividend Yield 7-point trend, +15.6% · 2.1% 2.7% 2.8% 2.3% 2.6% 2.5% 1.8% · ·
Earnings Yield 8-point trend, -150.6% -10.1% 7.8% 10.3% 18.9% 12.1% -6.1% -14.4% 20.0% · ·
Payout Ratio 7-point trend, +167.8% · 23.1% 23.1% 16.5% -67.4% -45.8% -16.4% 8.6% · ·
Annual Payout 8-point trend, +100.0% $314M $302M $301M $294M $296M $297M $285M $157M · ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312024-09-302024-06-302024-03-31
Revenue $11.66B$12.43B
Net Income $-1.38B$1.28B
Diluted EPS $-4.83$3.69
Balance Sheet
2025-12-312024-12-312024-09-302024-06-302024-03-31
Debt / Equity 2.4

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Institutional owners (13F) 522 filers · $7.2B total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
64 (-39 vs prior Q) 120 (+38 vs prior Q) 153 (-28 vs prior Q) 189 (-8 vs prior Q) +18.3M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
NORGES BANK $804,175,026 18,326,687 11.15% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $589,922,325 13,443,991 8.18% Shares
VANGUARD CAPITAL MANAGEMENT LLC $557,420,497 12,703,293 7.73% Shares
STATE STREET CORP $411,958,428 9,388,296 5.71% Shares
CANADA PENSION PLAN INVESTMENT BOARD $399,575,800 9,106,103 5.54% Shares
Capital International Investors $369,251,911 8,415,039 5.12% Shares
WELLINGTON MANAGEMENT GROUP LLP $317,364,557 7,232,556 4.40% Shares
VIKING GLOBAL INVESTORS LP $236,903,556 5,398,896 3.29% Shares
THORNBURG INVESTMENT MANAGEMENT INC $225,645,748 5,142,337 3.13% Shares
Diamond Hill Capital Management, LLC (Investment Advisor) $208,145,614 4,743,519 2.89% Shares
GEODE CAPITAL MANAGEMENT, LLC $190,733,182 4,345,306 2.65% Shares
Conifer Management, L.L.C. $184,296,000 4,200,000 2.56% Shares
Castle Hook Partners LP $157,947,771 3,599,539 2.19% Shares
DIMENSIONAL FUND ADVISORS LP $153,015,876 3,487,144 2.12% Shares
BANK OF MONTREAL /CAN/ $150,215,501 3,423,325 2.08% Shares
FMR LLC $108,666,198 2,476,440 1.51% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $94,016,367 2,142,579 1.30% Shares
D. E. Shaw & Co., Inc. $88,435,006 2,015,383 1.23% Shares
ALGEBRIS (UK) LTD $85,645,508 1,957,978 1.19% Shares
VANGUARD FIDUCIARY TRUST CO $79,273,125 1,806,589 1.10% Shares
Alyeska Investment Group, L.P. $59,923,669 1,365,626 0.83% Shares
Qube Research & Technologies Ltd $57,899,397 1,319,494 0.80% Shares
CITADEL ADVISORS LLC $57,206,707 1,303,708 0.79% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $51,473,390 1,173,049 0.71% Shares
ADAGE CAPITAL PARTNERS GP, L.L.C. $50,462,000 1,150,000 0.70% Shares
Woodline Partners LP $47,424,626 1,080,780 0.66% Shares
CI INVESTMENTS INC. $41,675,469 949,760 0.58% Shares
LAZARD ASSET MANAGEMENT LLC $38,797,687 884,177 0.54% Shares
RENAISSANCE TECHNOLOGIES LLC $35,977,212 819,900 0.50% Shares
BRUNI J V & CO /CO $33,652,845 766,929 0.47% Shares
RHUMBLINE ADVISERS $33,448,952 762,284 0.46% Shares
Zurich Insurance Group Ltd/FI $33,116,806 754,713 0.46% Shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC $32,898,284 749,733 0.46% Shares
VANGUARD ASSET MANAGEMENT, Ltd $31,816,554 725,081 0.44% Shares
GOLDMAN SACHS GROUP INC $29,025,128 661,466 0.40% Shares
MANUFACTURERS LIFE INSURANCE COMPANY, THE $28,506,466 649,646 0.40% Shares
TCW GROUP INC $28,491,460 649,304 0.40% Shares
Poplar Forest Capital LLC $27,439,918 526,779 0.38% Shares
MILLENNIUM MANAGEMENT LLC $26,820,597 611,226 0.37% Shares
Ensign Peak Advisors, Inc $25,908,288 590,435 0.36% Shares
STOREBRAND ASSET MANAGEMENT AS $25,836,412 588,797 0.36% Shares
Swiss National Bank $24,800,976 565,200 0.34% Shares
AMERIPRISE FINANCIAL INC $23,222,218 529,221 0.32% Shares
TOCQUEVILLE ASSET MANAGEMENT L.P. $22,508,553 512,957 0.31% Shares
Caisse de depot et placement du Quebec $21,193,908 482,997 0.29% Shares
COMMUNITY TRUST & INVESTMENT CO $20,802,977 474,088 0.29% Shares
Prana Capital Management, LP $19,562,933 445,828 0.27% Shares
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $18,938,940 510,346 0.26% Shares
California Public Employees Retirement System $17,782,721 405,258 0.25% Shares
Retirement Systems of Alabama $17,625,323 401,671 0.24% Shares
HSBC HOLDINGS PLC $17,303,857 395,336 0.24% Shares
Four Tree Island Advisory LLC $16,632,407 379,043 0.23% Shares
Point72 Asset Management, L.P. $16,348,064 372,563 0.23% Shares
BASSWOOD CAPITAL MANAGEMENT, L.L.C. $15,870,957 361,690 0.22% Shares
RAYMOND JAMES FINANCIAL INC $15,173,762 345,801 0.21% Shares
MOORE CAPITAL MANAGEMENT, LP $15,156,503 345,408 0.21% Shares
BlackRock, Inc. $14,964,660 341,036 0.21% Shares
Legal & General Group Plc $13,862,746 315,924 0.19% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $12,939,861 294,892 0.18% Shares
Robeco Institutional Asset Management B.V. $12,258,931 279,374 0.17% Shares
PRINCIPAL FINANCIAL GROUP INC $12,108,415 275,843 0.17% Shares
Hudson Bay Capital Management LP $11,997,319 273,412 0.17% Shares
BANK OF AMERICA CORP /DE/ $11,615,255 264,705 0.16% Shares
Bridgewater Associates, LP $11,453,689 261,023 0.16% Shares
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM $11,420,340 260,263 0.16% Shares
Quantinno Capital Management LP $11,357,994 258,842 0.16% Shares
ENVESTNET ASSET MANAGEMENT INC $11,299,160 257,501 0.16% Shares
Swedbank AB $11,179,089 254,765 0.16% Shares
ALLIANCEBERNSTEIN L.P. $10,420,785 280,808 0.14% Shares
Philadelphia Financial Management of San Francisco, LLC $9,918,196 226,030 0.14% Shares
Brandywine Global Investment Management, LLC $9,391,243 197,088 0.13% Shares
TWO SIGMA INVESTMENTS, LP $9,254,775 210,911 0.13% Shares
STATE OF WISCONSIN INVESTMENT BOARD $9,090,356 207,164 0.13% Shares
Squarepoint Ops LLC $8,997,726 205,053 0.12% Shares
HARRIS ASSOCIATES L P $8,371,295 190,777 0.12% Shares
New York Life Investment Management LLC $8,032,058 183,046 0.11% Shares
UBS Group AG $7,823,058 178,283 0.11% Shares
Cubist Systematic Strategies, LLC $7,440,336 146,521 0.10% Shares
NEW YORK STATE COMMON RETIREMENT FUND $7,296,279 166,278 0.10% Shares
Aberdeen Group plc $7,286,581 166,057 0.10% Shares
OPPENHEIMER ASSET MANAGEMENT INC. $7,092,807 161,641 0.10% Shares
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC $7,045,334 189,850 0.10% Shares
APG Asset Management N.V. $7,034,348 183,281 0.10% Shares
Y-Intercept (Hong Kong) Ltd $6,854,012 156,199 0.10% Shares
VANGUARD GROUP INC $6,650,225 139,564 0.09% Shares
PZENA INVESTMENT MANAGEMENT LLC $6,398,977 145,829 0.09% Shares
PRUDENTIAL FINANCIAL INC $6,385,637 145,525 0.09% Shares
BARCLAYS PLC $6,269,180 142,871 0.09% Shares
MetLife Investment Management, LLC $6,205,071 141,410 0.09% Shares
BNP PARIBAS ASSET MANAGEMENT Holding S.A. $6,204,149 141,389 0.09% Shares
Quantbot Technologies LP $6,116,653 139,395 0.08% Shares
Vanguard Global Advisers, LLC $5,972,112 136,101 0.08% Shares
O'SHAUGHNESSY ASSET MANAGEMENT, LLC $5,960,571 135,838 0.08% Shares
Kintayl Capital LP $5,891,329 134,260 0.08% Shares
Capital International, Inc./CA/ $5,878,428 133,966 0.08% Shares
JACOBS LEVY EQUITY MANAGEMENT, INC $5,861,973 133,591 0.08% Shares
JANE STREET GROUP, LLC $5,853,416 133,396 0.08% Shares
Nuveen, LLC $5,706,418 130,046 0.08% Shares
CONTINENTAL ADVISORS LLC $5,430,852 123,766 0.08% Shares
Zurcher Kantonalbank (Zurich Cantonalbank) $5,167,440 117,763 0.07% Shares

Company insiders 25 insiders · 7 officers · 7 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Anders Malmstrom Senior EVP & CFO March 22, 2021 F 118,789 0 0 $0
Jeffrey J Hurd Chief Operating Officer Aug. 17, 2026 M 65,019 0 12 $-2,095,698
Jose Ramon Gonzalez Chief Legal Officer Dec. 3, 2024 A 74,444 0 0 $0
Dave S. Hattem SEVP & Chief Legal Officer March 15, 2021 S 63,255 0 0 $0
Kermitt Brooks Senior EVP March 16, 2020 A 15,392 0 0 $0
Andrea Nitzan SVP, CAO and Controller June 11, 2018 A 8,260 0 0 $0
Brian Winikoff Senior Executive Vice President and Head of U.S. Life, Retirement and Wealth Management June 11, 2018 A 29,302 0 0 $0
Arlene Isaacs-Lowe Director May 22, 2024 A 16,120 0 0 $0
Francis Hondal Director May 22, 2024 A 21,394 0 0 $0
George Stansfield Director May 22, 2024 A 35,434 0 0 $0
Daniel G Kaye Director May 22, 2024 A 58,063 0 0 $0
Joan M Lammtennant Director May 22, 2024 A 42,463 0 0 $0
Kristi Ann Matus Director March 24, 2023 S 0 0 0 $0
Ramon De Oliveira Director May 20, 2021 A 56,695 0 0 $0
Equitable Holdings, Inc. 10% owner May 14, 2021 J 170,121,745 0 0 $0
AXA 10% owner Dec. 10, 2019 S 44,162,500 0 0 $0
Craig C Mackay Aug. 11, 2026 S 18,999 0 1 $-112,992
Kurt Meyers Aug. 10, 2026 A 35,286 0 0 $0
Robin M Raju Aug. 10, 2026 A 186,501 0 0 $0
Seth P Bernstein Aug. 10, 2026 A 55,970 0 0 $0
William James Eckert IV Aug. 10, 2026 A 8,467 0 2 $-309,423
Mark Pearson Aug. 10, 2026 A 754,761 0 3 $-3,724,743
Nick Lane Aug. 10, 2026 A 124,930 0 0 $0
Charles G.T. Stonehill Aug. 6, 2026 S 34,357 0 1 $-386,550
Bertram L Scott Aug. 6, 2026 S 26,465 0 3 $-311,300

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

Activists & 5%+ owners 2 positions

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Equitable Holdings, Inc., Alpha Units Holdings, Inc., Alpha Units Holdings II, Inc. ×7 filings July 14, 2025 68.17% Amendment SEC
AXA S.A., AXA Assurances I.A.R.D. Mutuelle, AXA Assurances Vie Mutuelle, AXA Equitable Holdings, Inc., Alpha Units Holdings, Inc., AXA-IM HOLDING U.S. INC., AXA Equitable Financial Services, LLC, MONY Life Insurance Company of America ×4 filings March 25, 2019 Initial filing SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 106 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
PGF · Invesco Exchange-Traded Fund Trust 1.58% 573,784 Aug. 8, 2026 Daily
NUMG · Nushares ETF Trust 1.55% 129,841 NS April 30, 2026 N-PORT
IIGD · Invesco Exchange-Traded Self-Indexe… 1.17% 310,000 Aug. 8, 2026 Daily
BRCE · MFS Active Exchange Traded Funds Tr… 0.94% 7,526 NS May 31, 2026 N-PORT
ARB · AltShares Trust 0.86% 21,387 NS May 31, 2026 N-PORT
PGX · Invesco Exchange-Traded Fund Trust … 0.78% 1,596,235 Aug. 8, 2026 Daily
GSY · Invesco Actively Managed Exchange-T… 0.75% 29,557,000 Aug. 8, 2026 Daily
NUMV · Nushares ETF Trust 0.72% 73,278 NS April 30, 2026 N-PORT
RWK · Invesco Exchange-Traded Fund Trust … 0.59% 153,432 SH Aug. 8, 2026 Daily
VUSB · VANGUARD BOND INDEX FUNDS 0.51% 43,586,000 PA Aug. 8, 2026 Daily
IQSM · New York Life Investments ETF Trust 0.50% 37,541 NS April 30, 2026 N-PORT
MIDE · DBX ETF Trust 0.47% 382 NS May 29, 2026 N-PORT
ISCV · iShares Trust 0.45% 60,277 SH Aug. 8, 2026 Daily
XJH · iShares Trust 0.43% 35,007 SH Aug. 8, 2026 Daily
IJJ · iShares Trust 0.42% 724,048 SH Aug. 8, 2026 Daily
IJH · iShares Trust 0.39% 9,431,702 SH Aug. 8, 2026 Daily
PFF · iShares Trust 0.38% 2,691,178 SH Aug. 8, 2026 Daily
IJK · iShares Trust 0.37% 780,475 SH Aug. 8, 2026 Daily
IVOV · VANGUARD ADMIRAL FUNDS 0.37% 125,734 SH Aug. 8, 2026 Daily
PTMC · Pacer Funds Trust 0.35% 32,553 NS April 30, 2026 N-PORT
IVOO · VANGUARD ADMIRAL FUNDS 0.34% 454,860 SH Aug. 8, 2026 Daily
BKMC · BNY Mellon ETF Trust 0.33% 48,280 NS April 30, 2026 N-PORT
SMDX · Tidal Trust III 0.32% 9,600 NS April 30, 2026 N-PORT
ESML · iShares Trust 0.32% 178,533 SH Aug. 8, 2026 Daily
IVOG · VANGUARD ADMIRAL FUNDS 0.31% 133,334 SH Aug. 8, 2026 Daily
VBR · VANGUARD INDEX FUNDS 0.26% 4,099,670 SH Aug. 8, 2026 Daily
PFIG · Invesco Exchange-Traded Fund Trust … 0.26% 300,000 Aug. 8, 2026 Daily
MVV · ProShares Trust 0.25% 9,790 NS May 31, 2026 N-PORT
MIDU · Direxion Shares ETF Trust 0.24% 4,692 NS April 30, 2026 N-PORT
IWP · iShares Trust 0.22% 864,682 SH Aug. 8, 2026 Daily
NULG · Nushares ETF Trust 0.22% 137,181 NS April 30, 2026 N-PORT
ISCB · iShares Trust 0.22% 12,003 SH Aug. 8, 2026 Daily
SCHM · SCHWAB STRATEGIC TRUST 0.22% 765,495 NS May 31, 2026 N-PORT
DFVE · DoubleLine ETF Trust 0.21% 1,566 NS March 31, 2026 N-PORT
IYF · iShares Trust 0.21% 178,521 SH Aug. 8, 2026 Daily
IYG · iShares Trust 0.19% 80,205 SH Aug. 8, 2026 Daily
VRP · Invesco Exchange-Traded Fund Trust … 0.18% 5,253,000 Aug. 8, 2026 Daily
SMMD · iShares Trust 0.18% 128,797 SH Aug. 8, 2026 Daily
UMDD · ProShares Trust 0.18% 1,367 NS May 31, 2026 N-PORT
VB · VANGUARD INDEX FUNDS 0.15% 6,458,916 SH Aug. 8, 2026 Daily
FNCL · FIDELITY COVINGTON TRUST 0.14% 75,779 NS April 30, 2026 N-PORT
VXF · VANGUARD INDEX FUNDS 0.14% 3,230,157 SH Aug. 8, 2026 Daily
VFH · VANGUARD WORLD FUND 0.14% 458,669 SH Aug. 8, 2026 Daily
WSML · iShares Trust 0.13% 17,101 SH Aug. 8, 2026 Daily
AVSU · AMERICAN CENTURY ETF TRUST 0.10% 11,734 NS May 31, 2026 N-PORT
IWR · iShares Trust 0.10% 1,056,019 SH Aug. 8, 2026 Daily
AVMC · AMERICAN CENTURY ETF TRUST 0.09% 9,310 NS May 31, 2026 N-PORT
DGRO · iShares Trust 0.07% 598,720 SH Aug. 8, 2026 Daily
EQAL · Invesco Exchange-Traded Fund Trust … 0.07% 11,224 SH Aug. 8, 2026 Daily
DFSU · Dimensional ETF Trust 0.06% 29,190 NS April 30, 2026 N-PORT