SEC Filing Summary: Form 13F Information Table
Business Context and Reporting Period
Company: Equitable Holdings, Inc.
Filing Type: Form 13F Information Table (Statement of Holdings)
Reporting Period: Quarter ended March 31, 2023
Context: This filing discloses the equity securities held by Equitable Holdings, Inc. as of the end of the first quarter of 2023. As a Form 13F, this document details investment positions rather than the company's own operational financial performance.
Key Financial Metrics and Portfolio Composition
Portfolio Overview: The filing lists hundreds of individual equity positions, including common stocks, exchange-traded funds (ETFs), and preferred securities. The portfolio is heavily diversified across sectors and asset classes.
- Top Equity Holdings (by Share Count):
- Apple Inc. (AAPL): 79,787,525 shares
- Alphabet Inc. Class A (GOOGL): 19,388,382 shares
- Alphabet Inc. Class C (GOOG): 10,697,440 shares
- Amazon.com Inc. (AMZN): 27,532,363 shares
- Berkshire Hathaway Inc. Class B (BRK.B): 28,498,236 shares
- Microsoft Corp. (MSFT): 36,136,675 shares
- Significant ETF Exposure: The portfolio holds substantial positions in broad market and factor-based ETFs, including:
- Invesco QQQ Trust (QQQ): 178,742,605 shares
- SPDR Portfolio S&P 500 Growth ETF (SPYG): 143,029,757 shares
- Vanguard S&P 500 ETF (VOO): 57,334,128 shares
- SPDR S&P 500 ETF Trust (SPY): 58,807,236 shares
- Financial Metrics: The filing provides the number of shares and the value of each position (in dollars) as of the reporting date. It does not report revenue, profit, cash flow, or debt for Equitable Holdings, Inc. itself.
Material Changes vs. Prior Period
Comparison Data: The provided text contains only the snapshot of holdings as of March 31, 2023. It does not include the prior quarter's data (December 31, 2022) within this specific document text. Therefore, specific material changes (buys, sells, or holds) cannot be calculated from this source alone.
Guidance, Outlook, and Risks
Management Commentary: Form 13F filings are statutory disclosures of holdings and do not contain management commentary, forward-looking guidance, or strategic outlooks.
Risks and Contingencies: No specific risks or contingencies are disclosed in this filing. The filing includes a standard disclaimer that the SEC has not reviewed the information for accuracy or completeness.
Important Facts for Investor Verification
- Asset Allocation: Verify the total portfolio value by summing the "Value" column to understand the scale of the investment portfolio relative to the company's balance sheet.
- Concentration Risk: Note the significant concentration in large-cap technology stocks (Apple, Microsoft, Alphabet, Amazon) and broad market ETFs (QQQ, SPY, VOO).
- Self-Holding: Equitable Holdings holds 531,997 shares of its own common stock (EQU) valued at approximately $20,953 (Note: The value column appears to be in thousands or the share count/value relationship requires context from the full filing header, as 531k shares for $20k implies a very low price or a data formatting nuance in the raw text provided. Investors should verify the exact dollar value in the official filing).
- Investment Discretion: The "Voting Authority" column indicates "Sole" discretion for the vast majority of holdings, suggesting direct management control over these assets.
- Data Limitations: This summary is based on the provided text. For a complete analysis of changes from the previous quarter, the Q4 2022 Form 13F must be compared side-by-side.