Equity instruments held for trading?

OK the financial asset is an equity instrument.

Held for trading or not?

Financial assets acquired or held for the purpose of selling in the short term or for which there is a recent pattern of short-term profit taking are held for trading. Financial assets acquired or held for the purpose of holding for a longer period of time are not held for trading but as longer term investments.

The question is: Is the equity instrument held for trading?

Yes / No