Bay Pond Discloses 6.71% Stake in Customers Bancorp (CUBI)

Bay Pond Partners, L.P. reported ownership of 2,119,910 shares of Customers Bancorp, Inc. common stock, representing 6.71% of the class as of the event date 06/30/2025.

Rhea-AI Filing Summary

Bay Pond Partners, L.P. reported ownership of 2,119,910 shares of Customers Bancorp, Inc. common stock, representing 6.71% of the class as of the event date 06/30/2025. The filing is submitted as an amendment to Schedule 13G and identifies the shares as held with shared voting and shared dispositive power, while showing no sole voting or dispositive power. The reporting person is organized in Delaware and the filing lists its address c/o Wellington Management Company LLP in Boston.

The filing includes a certification that the securities were not acquired to change or influence control of the issuer. The statement is signed by an authorized person on behalf of Bay Pond Partners and notes Wellington Alternative Investments LLC as its general partner.

Positive

• Holds 2,119,910 shares of Customers Bancorp common stock, a material disclosed stake of 6.71% of the class
• Reporting as Schedule 13G/A, indicating a passive/institutional disclosure under SEC rules

Negative

• No sole voting or sole dispositive power is reported, so the holder cannot unilaterally control or dispose of the shares
• Certification states the securities were not acquired to change or influence control, indicating no activist intent disclosed

Insights

Securities Analyst

TL;DR: Bay Pond holds a material passive stake of 6.71% in Customers Bancorp; position is shared, not controlling.

Bay Pond Partners reports ownership of 2,119,910 shares (6.71%) of Customers Bancorp common stock per this Schedule 13G/A. The holder reports shared voting and dispositive power and explicitly disclaims acquisition for control. For investors, a >5% passive stake is material because it must be disclosed and signals meaningful ownership without indicating activist intent. The filing names Wellington Alternative Investments LLC as the general partner and uses Wellington Management Company LLP contact details, confirming institutional involvement.

Corporate Governance Expert

TL;DR: Ownership is significant but structured as shared power; no unilateral control or stated activist purpose.

The Schedule 13G/A records shared voting and dispositive power for 2,119,910 shares, with 0 sole voting and 0 sole dispositive power. The filing's certification states the stake was not acquired to influence control, which aligns with a passive investor profile under the reporting rules. From a governance perspective, this means Bay Pond can influence outcomes only through coordination with other holders or engagement, not by unilateral action.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many Customers Bancorp (CUBI) shares does Bay Pond Partners own?

Bay Pond Partners reports ownership of 2,119,910 shares, representing 6.71% of Customers Bancorp common stock.

Does Bay Pond Partners have voting control over CUBI shares?

No. The filing shows 0 sole voting power and 2,119,910 shares of shared voting power only.

What type of SEC filing was submitted for CUBI?

The filing is an amendment to Schedule 13G (Amendment No. 1) reporting beneficial ownership of CUBI common stock (CUSIP 23204G100).

Where is the reporting person organized and who filed on its behalf?

The reporting person, Bay Pond Partners, L.P., is organized in Delaware and the address is listed c/o Wellington Management Company LLP in Boston. The signature references Wellington Alternative Investments LLC as general partner.

Was the stake acquired to influence control of Customers Bancorp?

The filing includes a certification stating the securities were not acquired to change or influence control of the issuer.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/12/2025 - 10:35 AM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Customers Bancorp, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

23204G100

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 23204G100

1

Names of Reporting Persons

Bay Pond Partners, L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,119,910.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,119,910.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,119,910.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.7 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Customers Bancorp, Inc.
(b)	Address of issuer's principal executive offices: 701 Reading Avenue, West Reading PA 19611
Item 2.
(a)	Name of person filing: Bay Pond Partners, L.P.
(b)	Address or principal business office or, if none, residence: c/o Wellington Management Company LLP, 280 Congress Street, Boston MA 02210
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 23204G100
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 2,119,910
(b)	Percent of class: 6.71 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 2,119,910
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 2,119,910
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Bay Pond Partners, L.P.

Signature:	Ihsan Speede
Name/Title:	Authorized Person
Date:	08/12/2025

Comments accompanying signature: Wellington Alternative Investments LLC; Its General Partner Signature: Ihsan Speede Name/Title: Authorized Person Date: 08/12/2025