Migdal boosts stake in Enlight Renewable (NASDAQ: ENLT) to 10.07%
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
Enlight Renewable Energy Ltd. received an Amendment No. 1 to a Schedule 13G/A reporting that Migdal Insurance & Financial Holdings Ltd. and certain subsidiaries collectively beneficially own 14,017,353.70 ordinary shares, representing 10.07% of Enlight's ordinary shares outstanding as of May 5, 2026.
The filing breaks this down by reporting person: Migdal Sal Domestic Equities holds 11,174,185.10 shares (8.03%), Migdal Mutual Funds Ltd. holds 2,801,668.60 shares (2.01%), and Migdal Insurance Company Ltd. holds 41,500 shares (0.03%). The report notes shared voting and dispositive power and states the subsidiaries exercise independent voting and investment decisions.
Positive
- None.
Negative
- None.
Key Figures
Total shares reported by Migdal: 14,017,353.70 shares
Percentage of class (aggregate): 10.07%
Migdal Sal Domestic Equities holdings: 11,174,185.10 shares
+3 more
6 metrics
Total shares reported by Migdal
14,017,353.70 shares
Aggregate beneficial ownership reported as of May 5, 2026
Percentage of class (aggregate)
10.07%
Based on 139,195,342 ordinary shares outstanding as of May 5, 2026
Migdal Sal Domestic Equities holdings
11,174,185.10 shares
Reported beneficially owned by Migdal Sal Domestic Equities as of May 5, 2026 (8.03%)
Migdal Mutual Funds Ltd. holdings
2,801,668.60 shares
Reported beneficially owned as of May 5, 2026 (2.01%)
Migdal Insurance Company Ltd. holdings
41,500 shares
Reported beneficially owned as of May 5, 2026 (0.03%)
Shares outstanding used for percentages
139,195,342 shares
Shares outstanding as of May 5, 2026 (source: Bloomberg LP)
Key Terms
beneficially owned, shared dispositive power, Schedule 13G/A
3 terms
beneficially owned regulatory
"As of May 5, 2026, the securities reported herein were held as follows: - 11,174,185.10 ordinary shares (representing 8.03%)"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Schedule 13G/A regulatory
"Enlight Renewable Energy Ltd. (Amendment No. 1) Schedule 13G/A"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
FAQ
What stake does Migdal report in Enlight Renewable Energy (ENLT)?
Migdal reports a combined beneficial ownership of 14,017,353.70 shares, or 10.07% of outstanding shares. The filing states this percentage is based on 139,195,342 ordinary shares outstanding as of May 5, 2026, per Bloomberg LP.
How is the 10.07% ownership allocated among Migdal entities?
The filing shows Migdal Sal Domestic Equities holding 11,174,185.10 shares (8.03%), Migdal Mutual Funds Ltd. holding 2,801,668.60 shares (2.01%), and Migdal Insurance Company Ltd. holding 41,500 shares (0.03%). These figures are as of May 5, 2026.
Are the Migdal subsidiaries voting and investing independently?
Yes. The filing states the subsidiaries manage their own funds and make independent voting and investment decisions, and the reporting persons disclaim that a Section 13(d) group exists. Holdings may change according to fund or partnership mechanisms.