First Horizon holder Millennium reports 3.8% stake
First Horizon Corporation received an amended Schedule 13G from institutional holders affiliated with Millennium.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
First Horizon Corporation received an amended Schedule 13G from institutional holders affiliated with Millennium. Integrated Core Strategies (US) LLC reports beneficial ownership of 15,523,772 common shares, representing 3.2% of the class. Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander each report beneficial ownership of 18,817,089 shares, or 3.8% of the common stock.
The filing states that Millennium Management LLC and related entities exercise voting control and investment discretion over the securities, but expressly notes this should not itself be construed as an admission of beneficial ownership. The filers certify the shares were not acquired and are not held to change or influence control of First Horizon.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake in First Horizon (FHN) does Millennium report in this Schedule 13G/A?
Is Millennium’s ownership in First Horizon (FHN) above or below 5%?
What does the Schedule 13G/A say about control intentions over First Horizon (FHN)?
Who are the reporting persons in this First Horizon (FHN) Schedule 13G/A amendment?
AI-generated analysis. How Rhea-AI works. Not financial advice.