Migdal Insurance & Financial Holdings Ltd. and related entities report beneficial ownership of ordinary shares of Camtek Ltd. on an amended Schedule 13G. Migdal Insurance & Financial Holdings Ltd. has shared voting and dispositive power over 3,886,580 Camtek ordinary shares, representing 8.33% of the class, based on 46,656,521 shares outstanding as of July 8, 2026.
Within this total, Migdal Sal Domestic Equities has shared voting and dispositive power over 3,411,665 shares, representing 7.31% of the ordinary shares outstanding. The filing explains that various Migdal subsidiaries manage funds independently and that economic interests in these shares are largely held for insurance policy holders, fund members, and portfolio clients, with each filing person disclaiming beneficial ownership beyond its pecuniary interest.
Positive
None.
Negative
None.
Key Figures
Migdal total beneficial ownership:3,886,580 sharesMigdal ownership percentage:8.33%Migdal Sal Domestic Equities holdings:3,411,665 shares+4 more
7 metrics
Migdal total beneficial ownership3,886,580 sharesOrdinary shares of Camtek with shared voting and dispositive power
Migdal ownership percentage8.33%Percent of Camtek ordinary shares outstanding based on 46,656,521 shares
Migdal Sal Domestic Equities holdings3,411,665 sharesCamtek ordinary shares with shared voting and dispositive power
Migdal Sal ownership percentage7.31%Percent of Camtek ordinary shares outstanding
Shares outstanding baseline46,656,521 sharesCamtek ordinary shares outstanding as of July 8, 2026
Migdal Mutual Funds holdings441,285 sharesCamtek ordinary shares held as of June 30, 2026
Migdal Insurance Company holdings33,630 sharesCamtek ordinary shares held as of June 30, 2026
"The beneficial ownership of the securities reported herein is described in Item 4(a)."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
shared voting powerfinancial
"Shared Voting Power 3,886,580.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powerfinancial
"Shared Dispositive Power 3,886,580.00"
pecuniary interestfinancial
"disclaims any beneficial ownership of the securities covered by this report in excess of their actual pecuniary interest"
Schedule 13Gregulatory
"Neither the filing of this nor any of its contents shall be deemed to constitute an admission"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Joint Filing Agreementregulatory
"Exhibit 1 - Joint Filing Agreement by and among the Reporting Persons"
What percentage of Camtek (CAMT) shares does Migdal Insurance & Financial Holdings report owning?
Migdal Insurance & Financial Holdings reports beneficial ownership of 3,886,580 Camtek ordinary shares, representing 8.33% of the outstanding class, based on 46,656,521 shares outstanding as of July 8, 2026.
How many Camtek (CAMT) shares are held by Migdal Sal Domestic Equities?
Migdal Sal Domestic Equities reports 3,411,665 Camtek ordinary shares, representing 7.31% of the company’s outstanding ordinary shares, with shared voting and dispositive power over that position as disclosed in the Schedule 13G/A.
What is the total number of Camtek (CAMT) shares outstanding used in this Schedule 13G/A?
The filing states that percentage calculations are based on 46,656,521 Camtek ordinary shares outstanding as of July 8, 2026, with this figure cited as reported on Bloomberg LP for ownership-percentage purposes.
Who actually benefits economically from Migdal’s reported Camtek (CAMT) holdings?
The filing notes that economic interests in the reported Camtek shares are largely held for insurance policy holders, portfolio account owners, and provident or pension fund members, with Migdal entities managing these assets on their behalf.
Do Migdal entities claim to be a group regarding their Camtek (CAMT) ownership?
The reporting persons explicitly disclaim that a group exists for purposes of Section 13(d). They state that each subsidiary operates under independent management and makes its own voting and investment decisions for the Camtek position.
How many Camtek (CAMT) shares are held by other Migdal subsidiaries besides Migdal Sal Domestic Equities?
As of June 30, 2026, the filing lists 441,285 shares held by Migdal Mutual Funds Ltd. and 33,630 shares held by Migdal Insurance Company Ltd., each representing 0.95% and 0.07% of Camtek’s outstanding ordinary shares, respectively.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
CAMTEK LTD
(Name of Issuer)
Ordinary Shares, par value NIS 0.01 per share
(Title of Class of Securities)
M20791105
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
M20791105
1
Names of Reporting Persons
Migdal Insurance & Financial Holdings Ltd.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
ISRAEL
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,886,580.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,886,580.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,886,580.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
8.33 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: With regard to rows (6), (8), (9) and (11), the beneficial ownership of the securities reported herein is described in Item 4(a).
Row (11) is Based on 46,656,521 Ordinary Shares outstanding as of July 8, 2026 (as reported on Bloomberg LP).
SCHEDULE 13G
CUSIP Number(s):
M20791105
1
Names of Reporting Persons
Migdal Sal Domestic Equities
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
ISRAEL
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,411,665.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,411,665.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,411,665.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.31 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: With regard to rows (6), (8), (9) and (11), the beneficial ownership of the securities reported herein is described in Item 4(a).
Row (11) is Based on 46,656,521 Ordinary Shares outstanding as of July 8, 2026 (as reported on Bloomberg LP).
Migdal Insurance & Financial Holdings Ltd.
Migdal Sal Domestic Equities
The securities reported herein are beneficially owned by various direct or indirect, majority or wholly-owned subsidiaries of Migdal Insurance & Financial Holdings Ltd. (the "Subsidiaries"), such as Migdal Insurance Company Ltd., Migdal Sal Domestic Equities, Migdal Makefet Pension & Provident Funds Ltd., and Migdal Mutual Funds Ltd.. The Subsidiaries manage their own funds and/or the funds of others, including for holders of various insurance policies, members of pension or provident funds, unit holders of mutual funds, portfolio management clients and their nostro accounts. Each of the Subsidiaries operates under independent management and makes its own independent voting and investment decisions.
(b)
Address or principal business office or, if none, residence:
Migdal Insurance & Financial Holdings Ltd. - Israel
Migdal Sal Domestic Equities - Israel
(d)
Title of class of securities:
Ordinary Shares, par value NIS 0.01 per share
(e)
CUSIP No.:
M20791105
Item 3.
If this statement is filed pursuant to §§ 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 section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
See row 9 of cover page of each reporting person.
Each of the Subsidiaries operates under independent management and makes its own independent voting and investment decisions. Neither the filing of this Schedule 13G nor any of its contents shall be deemed to constitute an admission by either the Filing Persons or Subsidiaries that a group exists for purposes of Section 13(d) of the Securities Exchange Act of 1934 or for any other purpose, and each reporting person disclaims the existence of any such group. The economic interest or beneficial ownership in a portion of the securities covered by this Statement (including the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities) is held for the benefit of insurance policy holders, the owners of portfolio accounts, or the members of the provident funds or pension funds, as the case may be. In addition, each of the Filing Persons and Subsidiaries disclaims any beneficial ownership of the securities covered by this report in excess of their actual pecuniary interest therein. This Statement shall not be construed as an admission by the Filing Persons or Subsidiaries that they are the beneficial owners of any of the Ordinary Shares covered by this Statement.
As of June 30, 2026, the securities reported herein were held as follows:
- 3,411,665 ordinary shares (representing 7.31% of the total ordinary shares outstanding) beneficially owned by Migdal Sal Domestic Equities (1);
- 441,285 ordinary shares (representing 0.95% of the total ordinary shares outstanding) beneficially owned by Migdal Mutual Funds Ltd..
- 33,630 ordinary shares (representing 0.07% of the total ordinary shares outstanding) beneficially owned by Migdal Insurance Company Ltd.;
(1) All ownership rights in this partnership belong to companies that are part of Migdal Group. The amount of ownership rights held by such companies in the partnership changes frequently according to a mechanism provided in the partnership agreement.
(b)
Percent of class:
See row 11 of cover page of each reporting person
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See row 5 of cover page of each reporting person
(ii) Shared power to vote or to direct the vote:
See row 6 of cover page of each reporting person and note in Item 4(a) above
(iii) Sole power to dispose or to direct the disposition of:
See row 7 of cover page of each reporting person
(iv) Shared power to dispose or to direct the disposition of:
See row 8 of cover page of each reporting person and note in Item 4(a) above
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Migdal Insurance & Financial Holdings Ltd.
Signature:
Menashe Debby
Name/Title:
Menashe Debby / Investment Accountant
Date:
07/22/2026
Signature:
Ahuvit Siodmak
Name/Title:
Ahuvit Siodmak / CPA
Date:
07/22/2026
Migdal Sal Domestic Equities
Signature:
Menashe Debby
Name/Title:
Menashe Debby / Investment Accountant
Date:
07/22/2026
Signature:
Ahuvit Siodmak
Name/Title:
Ahuvit Siodmak / CPA
Date:
07/22/2026
Exhibit Information
Exhibit 1 - Joint Filing Agreement by and among the Reporting Persons, dated as of July 22, 2026
