LGT Group Foundation Reduces Equifax Stake by 41%

Institutional investor sells 60,548 shares of credit services provider

Published on Mar. 9, 2026

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LGT Group Foundation, an institutional investor, decreased its position in Equifax, Inc. (NYSE:EFX) by 41.2% in the third quarter, according to a recent 13F filing with the Securities & Exchange Commission. The foundation now owns 86,354 shares of the credit services provider's stock, worth approximately $21.9 million.

Why it matters

This transaction highlights the shifting investment strategies of major institutional investors in the credit reporting industry, which has faced increased scrutiny and regulatory changes in recent years. Equifax's stock price performance and outlook will likely be closely watched by investors and analysts.

The details

According to the 13F filing, LGT Group Foundation sold 60,548 shares of Equifax, reducing its stake in the company by 41.2%. The foundation now owns approximately 0.07% of Equifax's outstanding shares. The sale comes as Equifax has faced challenges, including a major data breach in 2017 and ongoing regulatory scrutiny of the credit reporting industry.

  • The transaction occurred in the third quarter of the reporting period.

The players

LGT Group Foundation

An institutional investor that decreased its position in Equifax, Inc. by 41.2% in the third quarter.

Equifax, Inc.

A global data, analytics and technology company that specializes in consumer and commercial credit reporting, decisioning tools and identity solutions.

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The takeaway

This transaction reflects the shifting investment landscape in the credit reporting industry, as major institutional investors reevaluate their positions in response to regulatory changes and ongoing challenges facing companies like Equifax.