Equitable Holdings stake held by CPP Investment Board

Canada Pension Plan Investment Board reports beneficial ownership of common stock of Equitable Holdings, Inc. on an amended Schedule 13G. The position consists of 9,106,103 shares of common stock, representing 3.3% of the outstanding class.

Rhea-AI Filing Summary

Canada Pension Plan Investment Board reports beneficial ownership of common stock of Equitable Holdings, Inc. on an amended Schedule 13G. The position consists of 9,106,103 shares of common stock, representing 3.3% of the outstanding class.

The investor has sole voting power and sole dispositive power over all 9,106,103 shares, with no shared voting or dispositive power reported. The percentage ownership is based on 273,035,157 shares outstanding as of August 4, 2026, as disclosed by Equitable Holdings. The reporting person is a pension investment manager subject to the Canada Pension Plan Investment Board Act and certifies that its Canadian regulatory regime is substantially comparable to that of functionally equivalent U.S. institutions.

Key Figures

Beneficially owned shares: 9,106,103 shares Ownership percentage: 3.3% Shares outstanding: 273,035,157 shares +2 more

5 metrics

Beneficially owned shares 9,106,103 shares Common stock of Equitable Holdings beneficially owned by Canada Pension Plan Investment Board

Ownership percentage 3.3% Percentage of Equitable Holdings common stock class beneficially owned

Shares outstanding 273,035,157 shares Equitable Holdings common shares outstanding as of August 4, 2026

Sole voting power 9,106,103 shares Shares over which Canada Pension Plan Investment Board has sole power to vote

Shared voting power 0 shares Shares over which Canada Pension Plan Investment Board has shared power to vote

Key Terms

beneficially owned, Sole Voting Power, dispositive power, Schedule 13D, +2 more

6 terms

beneficially owned financial

"Amount beneficially owned: See Item 9 on page 2."

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.

Sole Voting Power financial

"5 | Sole Voting Power 9,106,103.00 6 | Shared Voting Power 0.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

dispositive power financial

"7 | Sole Dispositive Power 9,106,103.00 8 | Shared Dispositive Power 0.00"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

Schedule 13D regulatory

"information that would otherwise be disclosed in a Schedule 13D."

A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

Schedule 13G regulatory

"I also undertake to furnish to the staff, upon request, information that would otherwise be disclosed in a Schedule 13D."

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.

pension investment manager financial

"Pension investment manager subject to the Canada Pension Plan Investment Board Act."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What percentage of Equitable Holdings (EQH) does Canada Pension Plan Investment Board own?

Canada Pension Plan Investment Board reports beneficial ownership of 3.3% of Equitable Holdings’ common stock. This is based on 273,035,157 shares outstanding as of August 4, 2026, as disclosed by the company.

How many Equitable Holdings (EQH) shares does Canada Pension Plan Investment Board hold?

Canada Pension Plan Investment Board reports beneficial ownership of 9,106,103 Equitable Holdings common shares. It has sole voting and sole dispositive power over all of these shares, with no shared voting or dispositive authority reported.

What voting power does Canada Pension Plan Investment Board have in Equitable Holdings (EQH)?

Canada Pension Plan Investment Board reports sole voting power over 9,106,103 shares of Equitable Holdings common stock. It reports 0 shared voting power, indicating exclusive authority to vote this reported stake.

How is the 3.3% ownership stake in Equitable Holdings (EQH) calculated?

The 3.3% ownership stake is calculated using 273,035,157 Equitable Holdings common shares outstanding as of August 4, 2026. This outstanding share figure was disclosed by the company and used as the denominator for the percentage.

What type of investor is Canada Pension Plan Investment Board in relation to Equitable Holdings (EQH)?

Canada Pension Plan Investment Board is described as a pension investment manager subject to the Canada Pension Plan Investment Board Act. It certifies that its Canadian regulatory scheme is substantially comparable to equivalent U.S. institutional regulation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/14/2026 - 04:01 PM EDT Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Equitable Holdings, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

29452E101

(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): 29452E101

1

Names of Reporting Persons

Canada Pension Plan Investment Board

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

CANADA (FEDERAL LEVEL)

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 9,106,103.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 9,106,103.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

9,106,103.00

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)

3.3 %

12

Type of Reporting Person (See Instructions)

FI

Comment for Type of Reporting Person: (1) Based on a total of 273,035,157 shares of common stock of the issuer outstanding as of August 4, 2026, as disclosed in the issuer's Form 10-Q filed with the Securities and Exchange Commission on August 6, 2026.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Equitable Holdings, Inc.
(b)	Address of issuer's principal executive offices: 1345 Avenue of the Americas New York, New York 10105
Item 2.
(a)	Name of person filing: Canada Pension Plan Investment Board
(b)	Address or principal business office or, if none, residence: One Queen Street East, Suite 2500, Toronto, Ontario M5C 2W5 Canada
(c)	Citizenship: Canada
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 29452E101
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).
	Pension investment manager subject to the Canada Pension Plan Investment Board Act.
Item 4.	Ownership
(a)	Amount beneficially owned: See Item 9 on page 2.
(b)	Percent of class: See Item 11 on page 2.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See Item 5 on page 2.
	(ii) Shared power to vote or to direct the vote: See Item 6 on page 2.
	(iii) Sole power to dispose or to direct the disposition of: See Item 7 on page 2.
	(iv) Shared power to dispose or to direct the disposition of: See Item 8 on page 2.
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 acquired and are held in the ordinary course of business and 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. By signing below I certify that, to the best of my knowledge and belief, the Canadian regulatory scheme applicable to a pension investment manager subject to the Canada Pension Plan Investment Board Act is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Securities and Exchange Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.

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.

Canada Pension Plan Investment Board

Signature:	/s/ Howard Rusak
Name/Title:	Managing Director, Legal
Date:	08/14/2026

Comments accompanying signature: See Exhibit 99.1 Power of Attorney of Canada Pension Plan Investment Board (incorporated by reference to Exhibit 99.1 of Amendment No. 1 to the Schedule 13G filed by Canada Pension Plan Investment Board in respect of the issuer with the Securities and Exchange Commission on February 17, 2026).