FMR LLC (ESNT) discloses 2.92M-share, 3.2% position in Essent Group
Rhea-AI Filing Summary
FMR LLC filed an amended Schedule 13G reporting beneficial ownership of 2,915,486.11 shares of Essent Group Ltd. common stock, representing 3.2% of the class. FMR LLC reports sole voting power over 2,899,015.55 shares and sole dispositive power over 2,915,486.11 shares.
Abigail P. Johnson is reported to have sole dispositive power over the same 2,915,486.11 shares, with no voting power. The filing confirms that the position represents ownership of 5 percent or less of Essent Group’s outstanding common stock.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 2,915,486.11 shares
Ownership percentage: 3.2%
Sole voting power: 2,899,015.55 shares
+2 more
5 metrics
Beneficial ownership
2,915,486.11 shares
Common stock of Essent Group Ltd reported by FMR LLC
Ownership percentage
3.2%
Percent of Essent Group Ltd common stock class held by FMR LLC
Sole voting power
2,899,015.55 shares
Shares of Essent Group Ltd over which FMR LLC has sole voting power
Sole dispositive power (FMR LLC)
2,915,486.11 shares
Shares over which FMR LLC can solely direct disposition
Sole dispositive power (Abigail P. Johnson)
2,915,486.11 shares
Shares over which Abigail P. Johnson has sole dispositive power
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 2915486.11"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 2,899,015.55 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 2,915,486.11 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G regulatory
"Please see Exhibit 99 for 13d-1(k) (1) agreement."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
power to direct the receipt of dividends financial
"the right to receive or the power to direct the receipt of dividends"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Does FMR LLC own more than 5% of Essent Group Ltd (ESNT) common stock?
No. The filing states ownership of 3.2% of Essent Group Ltd common stock, explicitly noting ownership of 5 percent or less of the class, which is below the 5% threshold.