
What smart money is saying about Equitable Holdings
5 funds in our archive have pitched Equitable Holdings — most recently Harris Associates U.S. Large Value Strategy in June 2026.
Equitable Holdings, Inc. operates as a global, diversified financial services enterprise, delivering its offerings through four primary divisions. The Individual Retirement segment focuses on providing variable annuity products predominantly to high-net-worth individuals. Its Group Retirement segment supplies tax-advantaged investment and retirement plans to a variety of organizations, including educational institutions, municipalities, non-profit entities, and small to mid-sized businesses. Through its Investment Management and Research division, the company offers a broad spectrum of investment management, research, and related services to institutional, retail, and private wealth clients, additionally distributing its specialized research offerings. The Protection Solutions segment delivers a range of life insurance products—such as variable universal, indexed universal, and term life—to affluent individuals and owners of small and medium-sized businesses. This segment also extends group insurance coverage, encompassing life, short- and long-term disability, dental, and vision benefits, to small and medium-sized enterprises. Founded in 1859 and based in New York, New York, the company adopted its current name, Equitable Holdings, Inc., in January 2020, having previously been known as AXA Equitable Holdings, Inc.
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Position history
Between Q1 2025 and Q2 2026, 5 fund letters reported a position in Equitable Holdings — 1 opened or added to the position, 4 trimmed or exited.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q2 2026 | 3 | 1 | 2 | 1 |
| Q1 2026 | 2 | 0 | 2 | 1 |
| Q3 2025 | 0 | 0 | 0 | 1 |
| Q1 2025 | 0 | 0 | 0 | 2 |
Fund activity · 5 positions · 5 moves
- New positionHarris Associates U.S. Large Value StrategyJune 2026
“We were pleased to initiate a position at a meaningful discount to intrinsic value.”
Equitable Holdings - June 2026
“Seven positions were eliminated from the portfolio during the quarter.”
Equitable Holdings - June 2026
“Equitable triggered our soft stop-loss review, and with no insider buying to reinforce conviction, we sold the position.”
Equitable Holdings - March 2026
“Financials, Health Care, Materials, and Utilities were the leading sources of underperformance for the Fund during the third quarter. Both KKR & Co (KKR) and Equitable Holdings (EQH) were weak as investor worries around the private credit ecosystem accelerated during the period. We eliminated our position in Equitable Holdings (EQH) near the end of the quarter due to a capital allocation decision that violated our thesis.”
Equitable Holdings - March 2026
“We eliminated our position in Equitable Holdings (EQH) near the end of the quarter due to a capital allocation decision that violated our thesis.”
Equitable Holdings
Fund coverage · 5 theses
Equitable Holdings is attractive for its shift toward fee-based capital-light businesses, merger upside, and low valuation.
Read the full thesis- Diamond Hill Select FundMarch 2026
Equitable Holdings is a life and retirement platform that should gain scale, more consistent earnings, and long-term growth from its merger.
Read the full thesis - The London Company Large CapSeptember 2025
Equitable Holdings, Inc. is a leading U.S. financial services company focused on retirement and wealth management, generating strong cash flow for share repurchases and dividends, while recently enhancing its capital structure and risk profile through a reinsurance transaction.
Read the full thesis Equitable Holdings (EQH) is positioning itself as a leading player in insurance and asset management, with a focus on sustainable cash flow generation and shareholder returns, while benefitting from a stronger earnings profile through increased ownership in AllianceBernstein.
Read the full thesis- TCW Relative Value Large Cap FundMarch 2025
Equitable Holdings is a financial services company focused on life insurance and retirement, undergoing restructuring to emphasize asset and wealth management, which should drive growth and improve valuation multiples.
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