CWI Reports Sole Voting Power Over 45.6M agilon health Shares (11%)
Rhea-AI Filing Summary
Capital World Investors reports a material stake in agilon health. The filing discloses beneficial ownership of 45,570,601 shares of agilon health common stock, equal to 11.0% of the 413,951,779 shares believed outstanding. The filer reports sole voting and sole dispositive power over all reported shares.
The disclosure identifies Capital World Investors as a division of Capital Research and Management Company together with its investment management subsidiaries and affiliates that collectively provide investment services under the Capital World Investors name. The statement affirms the securities are held in the ordinary course of business and are not held to change or influence control of the issuer. Item 6 lists American Funds Fundamental Investors in the context of ownership on behalf of another person.
Positive
- Large, clearly disclosed position: 45,570,601 shares represent 11.0% of outstanding stock, a material institutional stake.
- Sole voting and dispositive power: The filer reports exclusive authority to vote and dispose of the reported shares, providing clarity on voting control.
- Held in ordinary course: The filer certifies the securities are held in the ordinary course of business and not to change control, consistent with passive institutional ownership.
Negative
- None.
Insights
TL;DR: Capital World Investors holds an 11.0% stake and has sole voting and dispositive power over 45.6M agilon health shares.
This Schedule 13G/A is a routine but material institutional disclosure showing CWI as a significant shareholder with exclusive control of voting and disposition for the reported position. An 11.0% stake in a mid-cap issuer is large enough to be relevant to shareholder composition and may influence market perception of investor base and potential voting outcomes, even though the filer states the shares are held in the ordinary course and not to affect control.
TL;DR: CWI reports sole control over 11.0% of shares but certifies holdings are not for control purposes.
The filing documents sole voting and dispositive authority for the full reported position, which concentrates actionable voting power for this institutional investor. The explicit certification that the holdings are not intended to influence control is standard for a Schedule 13G filing and signals passive institutional ownership rather than an activist approach. Item 6 naming American Funds Fundamental Investors should be noted as an instance of holdings held on behalf of others.