Millennium reports 4.97% First Horizon stake
Millennium-affiliated entities report 23.5 million FHN shares, or 4.97% of the company, after briefly exceeding 5% ownership on September 1, 2026.
Rhea-AI Filing Summary
First Horizon Corporation (FHN) is the subject of a Schedule 13G filing reporting that Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander collectively have beneficial ownership tied to 23,543,136 shares of First Horizon common stock, representing 4.97% of the outstanding shares. All of these shares are reported with shared voting and dispositive power and no sole power. The filing states that these reporting persons acquired beneficial ownership of more than 5% of First Horizon’s common stock on September 1, 2026, but had ceased to be beneficial owners of more than 5% by the date of the filing.
The securities are held through entities over which Millennium Management LLC and related investment managers have voting control and investment discretion, and the filing notes that this structure should not by itself be construed as an admission of beneficial ownership by the reporting persons.
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Key Figures
Key Terms
Schedule 13G regulatory
beneficial ownership financial
dispositive power financial
percent of class financial
FAQ
What ownership stake in FHN does Millennium Management report in this Schedule 13G?
Did Millennium’s ownership in FHN ever exceed 5% according to this filing?
Who are the reporting persons in this FHN Schedule 13G?
What does the filing say about beneficial ownership admissions by the reporting persons?
AI-generated analysis. How Rhea-AI works. Not financial advice.