SEC Filing Summary: Form 13F Information Table
Business Context and Reporting Period
Company: Equitable Holdings, Inc.
Filing Type: Form 13F Information Table (Schedule of Holdings)
Reporting Period: Quarter ended March 31, 2022
Context: This filing discloses the equity securities held by Equitable Holdings, Inc. as a registered investment manager. The portfolio consists of a diversified mix of individual common stocks and a significant allocation to Exchange Traded Funds (ETFs) covering various asset classes, sectors, and geographies.
Key Financial Metrics and Portfolio Composition
Portfolio Overview: The filing lists hundreds of individual positions. While the filing does not provide a single aggregate "Total Assets Under Management" figure, the value of individual holdings is reported in thousands of dollars (Column 4). The portfolio demonstrates a heavy reliance on passive index strategies via ETFs alongside active single-stock selections.
| Category | Key Observations |
|---|---|
| Top Individual Equity Holdings (Value) |
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| Top ETF Holdings (Value) |
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| Asset Class Exposure |
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Material Changes and Voting Authority
Voting Authority: For all reported positions, Equitable Holdings, Inc. reports Sole Discretion (Column 7) with no shared or none voting authority. This indicates the firm has full control over the voting decisions for these securities.
Derivatives: The filing lists "Put/Call" columns (Column 5) as empty for all entries, indicating no reported holdings of put or call options in this specific table.
Comparative Analysis: As this is a static snapshot of holdings as of March 31, 2022, the filing text does not provide explicit percentage changes or buy/sell activity compared to the prior quarter (December 31, 2021). Investors must compare this list against the previous 13F filing to determine material changes.
Guidance, Outlook, and Risks
Management Commentary: Form 13F filings are regulatory disclosures of holdings and do not contain management commentary, earnings guidance, or forward-looking outlooks.
Risks and Contingencies:
- Market Risk: The portfolio is heavily exposed to public equity markets, including significant positions in technology (Apple, Microsoft, Alphabet, NVIDIA) and financial sectors.
- Concentration Risk: While diversified across hundreds of tickers, the top 10-20 positions represent a substantial portion of the reported value.
- Regulatory Risk: The filing includes a standard disclaimer that the SEC has not reviewed the information for accuracy or completeness.
Key Facts for Investor Verification
- Reporting Entity: Verify that "Equitable Holdings, Inc." is the correct reporting manager for the specific fund or account being analyzed, as 13F filings can sometimes be filed by parent companies for subsidiaries.
- Valuation Timing: All values are based on the closing market price as of March 31, 2022. Current market values will differ significantly due to market movements in 2022 and beyond.
- ETF Holdings: A large portion of the portfolio is held in ETFs (e.g., Dimensional, First Trust, iShares, SPDR). Investors should verify the underlying holdings of these ETFs to understand the true sector and geographic exposure.
- Missing Data: The filing does not disclose the total cash position, debt levels, or liabilities of the reporting entity, only the long equity positions.
- Share Counts: Verify share counts for large positions (e.g., SPDR Portfolio S&P 500 Growth with ~1.9 million shares) to ensure they align with the reported value and current share prices.