Victory Capital reports 3.48% Chord Energy (CHRD) ownership stake
Rhea-AI Filing Summary
Chord Energy Corp received an amended Schedule 13G from Victory Capital Management, Inc., reporting beneficial ownership of 1,977,336 shares of its common stock, equal to 3.48% of the outstanding class as of September 30, 2025.
Victory Capital reports sole power to vote 1,895,784 shares and sole power to dispose of 1,977,336 shares, with no shared voting or dispositive power. The firm certifies the shares were acquired and are held in the ordinary course of business, without the purpose or effect of changing or influencing control of Chord Energy.
Positive
- None.
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What ownership stake in CHRD does Victory Capital report in this Schedule 13G/A?
Victory Capital Management, Inc. reports beneficial ownership of 1,977,336 Chord Energy common shares, representing 3.48% of the class as of September 30, 2025. This reflects an institutional position sized below the 5 percent threshold referenced elsewhere in the ownership section.
Is Victory Capital’s Chord Energy (CHRD) position intended to influence corporate control?
Victory Capital certifies the Chord Energy shares were acquired and are held in the ordinary course of business and not for changing or influencing control. The filing states the holdings are not connected with any control-related transaction, aside from limited proxy nomination activities cited by rule.
What type of filing did Victory Capital submit for its CHRD holdings?
Victory Capital submitted an amended Schedule 13G (Schedule 13G/A, Amendment No. 1) for Chord Energy Corp common stock. Schedule 13G is typically used by certain institutional investors to report sizeable but generally passive ownership positions rather than activist or control-focused stakes.
Why does the Schedule 13G/A mention ownership of 5 percent or less of CHRD?
The filing’s ownership section notes ownership of 5 percent or less of the class. This aligns with the reported 3.48% stake and helps clarify that Victory Capital’s position, while significant institutionally, remains below higher ownership thresholds that can trigger additional disclosure obligations.