Monitor for any future amendments that could indicate a shift from passive to active intent, though the current filing explicitly disclaims any control purpose. The stake is spread across multiple subsidiaries with independent management, reducing the likelihood of coordinated activist action.
How the stock moved after the report
NEUTRAL VIEWSTOCK ABOVE ENTRY AT T+5- T+0 · Nov 2 $4.57entry
- T+1 · 7d ago −4.60%α −4.89% · $4.36
- T+5 · yesterday +2.41%α +2.33% · $4.68
- T+6 · todayOpen
- T+20 · in 21d Pending
- T+60 · in 3mo Pending
Price Chart
REPLAYWatch the reaction play outHow similar events traded
Executive Summary
Phoenix Financial Ltd. filed a new Schedule 13G disclosing a 5.02% passive stake in ICL Group Ltd., representing 64,808,308.76 ordinary shares as of October 28, 2026. This is a new filing (not an amendment) and certifies passive intent, with no indication of activist plans. The stake is held across multiple subsidiaries including trust funds, partnerships, pension funds, and insurance policies.
Key Financial Metrics
Key Facts
- Phoenix Financial Ltd. disclosed beneficial ownership of 64,808,308.76 ordinary shares of ICL Group Ltd.
- The stake represents 5.02% of shares outstanding based on 1,290,718,361 ordinary shares as of October 28, 2026.
- The filing is a new Schedule 13G (not an amendment), certifying passive investment intent under Rule 13d-1(c).
- Holdings are distributed across multiple Phoenix subsidiaries: trust funds (1.35%), Partnership for Israeli shares (3.54%), pension/provident funds (0.02%), insurance policies (0.04%), and nostro accounts (0.07%).
- The filing was made on November 2, 2026, with a date of change of November 2, 2026.
Financial Impact
5.02% stake in ICL Group Ltd., valued at approximately $296 million based on $5.9B market cap.
Risk Factors
- No material risks identified; passive 5%+ stake is routine and does not signal activist intent.
- The filing relies on Bloomberg LP for share count; any discrepancy in actual outstanding shares could slightly alter the percentage.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 13G Filing (Primary) | 0001178913-26-004956 |
| Document: 0001178913-26-004956-index.html | 0001178913-26-004956 |
| Document: 0001178913-26-004956.txt | 0001178913-26-004956 |
Track record
14 reports on ICL
The track record builds as more bullish or bearish reports settle.
Filters
- Nov 10, 2026today 6-K Neutral 4/10 Entry price pending
- Nov 10, 2026today 6-K Neutral 2/10 Entry $4.64 Now $4.67 +0.65% settles Feb 9
- Nov 10, 2026today 6-K Neutral 4/10 Entry $4.64 Now $4.67 +0.65% settles Feb 9
- Nov 10, 2026today 6-K Neutral 3/10 Entry $4.64 Now $4.67 +0.65% settles Feb 9
- Nov 2, 20268d ago SC 13G Neutral 3/10 Viewing Entry $4.57 Now $4.67 +2.19% settles Jan 29
- Sep 1, 202610w ago 6-K Neutral 2/10 Entry $5.84 Now $4.67 −20.03% settles Nov 27
- Aug 5, 202613w ago 6-K Neutral 4/10 Entry $5.23 to $4.59 Now $4.67 −10.71% ▼ −12.24% −12.18% vs SPY
- Aug 5, 202613w ago 6-K Bullish 6/10 Entry $5.23 to $4.59 Now $4.67 −10.71% ▼ −12.24% −12.18% vs SPY
- Aug 5, 202613w ago 6-K Neutral 3/10 Entry $5.23 to $4.59 Now $4.67 −10.71% ▼ −12.24% −12.18% vs SPY
- Aug 5, 202613w ago 6-K Bullish 6/10 Entry $5.23 to $4.59 Now $4.67 −10.71% ▼ −12.24% −12.18% vs SPY
US Market Status
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