Magnetar group (ETSS) discloses 1,250,000-share, 8.33% stake in SPAC
Rhea-AI Filing Summary
Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC and David J. Snyderman reported beneficial ownership of 1,250,000 Class A ordinary shares of Energy Transition Special Opportunities as of June 30, 2026. These shares represent 8.33% of the company’s outstanding Class A shares, based on 15,000,000 shares outstanding reported by the company. The Magnetar-managed position is held across multiple Magnetar funds, and the reporting persons have shared voting and dispositive power over all 1,250,000 shares.
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Key Figures
Shares beneficially owned: 1,250,000 shares
Percent of class owned: 8.33%
Shares outstanding: 15,000,000 shares
+3 more
6 metrics
Shares beneficially owned
1,250,000 shares
Class A ordinary shares of Energy Transition Special Opportunities as of June 30, 2026
Percent of class owned
8.33%
Beneficial ownership of Class A shares as of June 30, 2026
Shares outstanding
15,000,000 shares
Class A ordinary shares outstanding per Form 10-Q filed August 7, 2026
Constellation Master Fund holding
287,500 shares
Portion of the 1,250,000 ETSS shares held for Constellation Master Fund
Structured Credit Fund holding
275,000 shares
Portion of the 1,250,000 ETSS shares held for Structured Credit Fund
Alpha Star, Lake Credit, Xing He funds
212,500 shares each
Holdings in ETSS Class A shares for each of the three Magnetar funds
Key Terms
beneficial owner, shared voting power, dispositive power, Schedule 13G, +1 more
5 terms
beneficial owner financial
"each of the Reporting Persons were deemed to be the beneficial owner constituting approximately 8.33%"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
dispositive power financial
"Shared power to dispose or to direct the disposition of: 1,250,000"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Schedule 13G regulatory
"The Shares held by the Magnetar Funds represent approximately 8.33% pursuant to Rule 13d-3(d)(1)(i)"
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 of Attorney regulatory
"Exhibit Information 99.2 Power of Attorney, dated as of December 22, 2022"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
FAQ
What ownership stake in ETSS does Magnetar report on this Schedule 13G?
Magnetar and related reporting persons report beneficial ownership of 1,250,000 Class A shares of Energy Transition Special Opportunities (ETSS), representing approximately 8.33% of the company’s 15,000,000 outstanding Class A shares as of June 30, 2026.
Who are the reporting persons on the ETSS Schedule 13G for Magnetar?
The reporting persons are Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC and David J. Snyderman. Magnetar Financial advises the Magnetar funds, Magnetar Capital Partners is its parent, Supernova is the general partner, and Snyderman is Supernova’s administrative manager.
As of what date is Magnetar’s 8.33% ETSS ownership calculated?
Magnetar’s beneficial ownership of 8.33% of Energy Transition Special Opportunities (ETSS) is calculated as of June 30, 2026. The percentage is based on 15,000,000 outstanding Class A shares disclosed by the issuer in a Form 10-Q filed August 7, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.