SEC Filing Summary: Form 13F Information Table
Business Context and Reporting Period
Company: Equitable Holdings, Inc.
Filing Type: Form 13F Information Table (Quarterly Report of Holdings)
Reporting Period: As of September 30, 2025
Context: This filing discloses the equity securities held by Equitable Holdings, Inc. at the end of the third quarter of 2025. The portfolio is heavily weighted toward Exchange-Traded Funds (ETFs) and large-cap U.S. equities, with significant exposure to technology, financials, and fixed income sectors.
Key Financial Metrics and Portfolio Composition
Note: Form 13F filings report holdings by value and share count but do not disclose the company's internal revenue, profit, or cash flow. The following metrics reflect the reported portfolio positions.
- Top Equity Holdings (by Value):
- Apple Inc. (AAPL): $192,436,623 (755,750 shares)
- NVIDIA Corp (NVDA): $191,753,863 (1,027,730 shares)
- Amazon.com Inc (AMZN): $129,805,612 (591,181 shares)
- Microsoft Corp (MSFT): $129,799,824 (250,603 shares)
- Alphabet Inc Class C (GOOG): $67,510,599 (277,194 shares)
- Top ETF Holdings (by Value):
- BlackRock ETF Trust (Ishares US Equity): $94,981,072 (1,604,410 shares)
- BlackRock ETF Trust (Ishares Flexible): $39,605,715 (743,909 shares)
- First Trust Exchange-Traded Fund (Rising Dividend Achievers): $84,769,796 (1,260,330 shares)
- SPDR Series Trust (Portfolio S&P 500 Growth): $380,350,559 (3,639,370 shares)
- SPDR Series Trust (Portfolio S&P 500 Value): $185,236,541 (3,347,850 shares)
- Fixed Income & Alternatives: Significant holdings in municipal bond ETFs (e.g., iShares National Muni Bond ETF), Treasury ETFs, and commodity-linked ETFs (Gold, Uranium, Lithium).
- Voting Authority: The filing indicates "Sole" voting authority for the vast majority of reported positions.
Material Changes and Observations
The filing text provided is a static snapshot of holdings as of September 30, 2025. It does not contain comparative data from the prior quarter (June 30, 2025) to calculate material changes in position size or sector allocation.
- Portfolio Concentration: The portfolio demonstrates a high concentration in "Magnificent Seven" style technology stocks (Apple, Microsoft, Amazon, NVIDIA, Alphabet, Meta, Tesla) and broad market index ETFs.
- Thematic Exposure: Notable positions in thematic ETFs related to Artificial Intelligence, Cybersecurity, Clean Energy, and Robotics.
- Derivatives: The filing lists "Put/Call" columns as empty for all entries, indicating no reported short positions or derivative overlays in this specific table view.
Guidance, Outlook, and Risks
Management Commentary: Form 13F filings are regulatory disclosures of holdings and do not contain management commentary, forward-looking guidance, or strategic outlooks.
Risks and Contingencies:
- Market Risk: Heavy exposure to large-cap U.S. equities and technology sectors creates sensitivity to market volatility and interest rate fluctuations.
- Liquidity Risk: While most holdings are highly liquid ETFs and large-cap stocks, some smaller positions in specialized sectors (e.g., Uranium, Robotics) may carry higher volatility.
- Regulatory Risk: The filing includes a standard disclaimer that the SEC has not reviewed the information for accuracy or completeness.
Investor Verification Checklist
- Verify the total aggregate value of the portfolio by summing the "Value" column to assess total asset size under management.
- Compare these holdings against the Q2 2025 13F filing to identify specific buy/sell activity in top positions like Apple and NVIDIA.
- Review the "Other" column for any non-equity assets or derivatives not captured in the standard share count.
- Confirm the "Investment Discretion" column to ensure all positions are managed with sole discretion by Equitable Holdings.
- Check for any "Shared" or "None" voting authority entries which might indicate complex ownership structures or custodial arrangements.