Parvus Asset Management (FLUT) reports 8.8% Flutter stake in Schedule 13G/A
Rhea-AI Filing Summary
Parvus Asset Management Jersey Limited and Edoardo Mercadante report beneficial ownership of 15,191,321 Ordinary Shares of Flutter Entertainment plc. This represents 8.8% of the Ordinary Shares outstanding, based on 173,481,132 shares outstanding as of June 30, 2026.
The shares are held by funds advised by Parvus, with both Parvus and Mr. Mercadante having shared voting and dispositive power over these holdings and no sole voting or dispositive power.
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Key Figures
Shares beneficially owned: 15,191,321 Ordinary Shares
Ownership percentage: 8.8%
Shares outstanding: 173,481,132 Ordinary Shares
+3 more
6 metrics
Shares beneficially owned
15,191,321 Ordinary Shares
Ordinary Shares of Flutter Entertainment plc reported by Parvus and Edoardo Mercadante
Ownership percentage
8.8%
Percentage of Flutter Ordinary Shares beneficially owned by the reporting persons
Shares outstanding
173,481,132 Ordinary Shares
Flutter Ordinary Shares outstanding as of June 30, 2026, used to calculate 8.8%
Shared voting power
15,191,321
Number of shares over which the reporting persons have shared voting power
Shared dispositive power
15,191,321
Number of shares over which the reporting persons have shared dispositive power
Signature date
08/14/2026
Date the Schedule 13G/A amendment was signed by Edoardo Mercadante
Key Terms
beneficial owner, shared voting power, shared dispositive power, investment advisor, +1 more
5 terms
beneficial owner regulatory
"The filing of this statement should not be construed as an admission that any Reporting Person is, for purposes of Section 13 of the Act, the beneficial owner"
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.
investment advisor financial
"held by certain funds to which it serves as investment advisor (the "Parvus Funds")"
An investment advisor is a person or firm that provides personalized guidance on buying, selling and managing investments and often oversees client portfolios for a fee. For investors this matters because the advisor shapes risk, costs and long-term returns, and is typically required by law to act in the client’s best interests — think of them as a financial coach or GPS that helps navigate choices and avoid costly detours.
Schedule 13G regulatory
"for purposes of Section 13 of the Act, the beneficial owner of the securities reported herein"
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.
FAQ
What percentage of Flutter (FLUT) does Parvus Asset Management report owning?
Parvus Asset Management Jersey Limited and Edoardo Mercadante report beneficial ownership of 8.8% of Flutter’s Ordinary Shares. This percentage is calculated using 173,481,132 Ordinary Shares outstanding as of June 30, 2026, as stated in a company quarterly report.
Who are the reporting persons in this Flutter (FLUT) Schedule 13G/A amendment?
The reporting persons are Parvus Asset Management Jersey Limited, a Jersey private limited company, and Edoardo Mercadante, its director and ultimate control person. They report on Ordinary Shares held by funds to which Parvus serves as investment advisor.
AI-generated analysis. How Rhea-AI works. Not financial advice.