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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.
Key Figures
Shares beneficially owned:15,191,321 Ordinary SharesOwnership percentage:8.8%Shares outstanding:173,481,132 Ordinary Shares+3 more
6 metrics
Shares beneficially owned15,191,321 Ordinary SharesOrdinary Shares of Flutter Entertainment plc reported by Parvus and Edoardo Mercadante
Ownership percentage8.8%Percentage of Flutter Ordinary Shares beneficially owned by the reporting persons
Shares outstanding173,481,132 Ordinary SharesFlutter Ordinary Shares outstanding as of June 30, 2026, used to calculate 8.8%
Shared voting power15,191,321Number of shares over which the reporting persons have shared voting power
Shared dispositive power15,191,321Number of shares over which the reporting persons have shared dispositive power
Signature date08/14/2026Date the Schedule 13G/A amendment was signed by Edoardo Mercadante
"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.
shared voting powerfinancial
"Shared Voting Power 15,191,321.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powerfinancial
"Shared Dispositive Power 15,191,321.00"
investment advisorfinancial
"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 13Gregulatory
"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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many Flutter (FLUT) shares are reported as owned by Parvus and Edoardo Mercadante?
Parvus and Edoardo Mercadante report beneficial ownership of 15,191,321 Ordinary Shares of Flutter Entertainment plc. These shares are held by funds for which Parvus acts as investment advisor, with shared voting and dispositive power over the position.
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.
What voting and dispositive powers do Parvus and Mercadante have over Flutter (FLUT) shares?
Parvus and Edoardo Mercadante report 0 shares with sole voting or dispositive power and 15,191,321 shares with shared voting and shared dispositive power. These powers relate to shares held by funds advised by Parvus Asset Management Jersey Limited.
As of what date is the Flutter (FLUT) share count used to calculate the 8.8% ownership?
The 8.8% ownership is calculated using an outstanding share count of 173,481,132 Ordinary Shares as of June 30, 2026. That outstanding amount is referenced from Flutter Entertainment plc’s quarterly report for the quarter ended on that date.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
Flutter Entertainment plc
(Name of Issuer)
Ordinary Shares, nominal value (euro) 0.09 per share
(Title of Class of Securities)
G3643J108
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
G3643J108
1
Names of Reporting Persons
Parvus Asset Management Jersey Ltd
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
JERSEY
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
15,191,321.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
15,191,321.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
15,191,321.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
8.8 %
12
Type of Reporting Person (See Instructions)
IA, OO
SCHEDULE 13G
CUSIP Number(s):
G3643J108
1
Names of Reporting Persons
Edoardo Mercadante
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
ITALY
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
15,191,321.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
15,191,321.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
15,191,321.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
8.8 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Flutter Entertainment plc
(b)
Address of issuer's principal executive offices:
One Madison Avenue, New York, New York, 10010
Item 2.
(a)
Name of person filing:
This statement is filed by:
(i) Parvus Asset Management Jersey Limited, a Jersey private limited company ("Parvus"), with respect to the ordinary shares, nominal value (euro) 0.09 per share ("Ordinary Shares") of Flutter Entertainment plc, a public limited company incorporated in the Republic of Ireland (the "Company"), held by certain funds to which it serves as investment advisor (the "Parvus Funds"); and
(ii) Edoardo Mercadante ("Mr. Mercadante," and together with Parvus, the "Reporting Persons"), a director and the ultimate control person of Parvus, with respect to the Ordinary Shares directly held by the Parvus Funds.
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 of the securities reported herein.
(b)
Address or principal business office or, if none, residence:
The address of the business office of each of the Reporting Persons is 2nd Floor, No. 4, The Forum, Grenville Street, St. Helier, Y9 JE2 4UF.
(c)
Citizenship:
Parvus is a Jersey private limited company. Mr. Mercadante is a citizen of Italy.
(d)
Title of class of securities:
Ordinary Shares, nominal value (euro) 0.09 per share
(e)
CUSIP No.:
G3643J108
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by Item 4(a) is set forth in Row 9 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
The percentage set forth in this Schedule 13G is calculated based upon an aggregate of 173,481,132 Ordinary Shares outstanding as of June 30, 2026, as reported in the Company's Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2026, filed with the Securities and Exchange Commission on August 5, 2026.
(b)
Percent of class:
8.8%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by Item 4(c)(i) is set forth in Row 5 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(ii) Shared power to vote or to direct the vote:
The information required by Item 4(c)(ii) is set forth in Row 6 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(iii) Sole power to dispose or to direct the disposition of:
The information required by Item 4(c)(iii) is set forth in Row 7 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(iv) Shared power to dispose or to direct the disposition of:
The information required by Item 4(c)(iv) is set forth in Row 8 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
See Item 2(a).
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
