SCHEDULE 13G/A: Genworth Holdings Reaffirms 81% Controlling Stake in Enact Holdings
Beneficial Ownership Report
Genworth Holdings, Inc. has filed an amended Schedule 13G, reaffirming its beneficial ownership of 81% of Enact Holdings, Inc.'s common stock as of December 31, 2024.
Summary
- Genworth Holdings, Inc. reported beneficial ownership of 123,761,372 shares of Enact Holdings, Inc. common stock.
- This ownership represents 81% of the total outstanding common stock of Enact Holdings, Inc.
- Genworth Holdings, Inc. holds sole voting power and sole dispositive power over all 123,761,372 shares.
- The filing is an Amendment No. 3 to Schedule 13G, indicating previous filings for this ownership position.
- The event date requiring this filing was December 31, 2024.
Sentiment
Score: 5
Explanation: A Schedule 13G filing primarily discloses beneficial ownership and is generally neutral in sentiment unless there's a significant change in ownership percentage or control. This filing confirms a large, likely stable, ownership stake, which is an expected disclosure for a controlling entity.
Future Outlook
NA
Industry Context
This filing is a standard disclosure of beneficial ownership, indicating a significant, likely controlling, stake held by Genworth Holdings, Inc. in Enact Holdings, Inc. It does not provide broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders of Enact Holdings, Inc. are informed of Genworth Holdings, Inc.'s continued significant control (81% ownership) over the company, reinforcing the existing ownership structure.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event requiring the filing of this statement |
| 01/24/2025 | Signature date of the filing by Jerome T. Upton, Senior Vice President and Chief Financial Officer of Genworth Holdings, Inc. |
Keywords
Genworth Holdings, Enact Holdings, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Ownership Stake, Control Person
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