Forgent Power Solutions, Inc. received a large shareholder disclosure from Coatue Management, L.L.C. and Philippe Laffont regarding holdings of its Class A common stock. Coatue and Laffont report beneficial ownership of 20,501,387 shares of Class A common stock, representing 7.5% of the class. They report no sole voting or dispositive power, but shared power to vote and dispose of all 20,501,387 shares. All of these securities are owned by advisory clients of Coatue Management, and none of those clients individually owns more than 5% of the outstanding Class A shares. The reporting persons include standard disclaimers that they are not admitting beneficial ownership beyond their pecuniary interest.
Positive
None.
Negative
None.
Key Figures
Beneficially owned shares:20,501,387 sharesPercent of class owned:7.5%Shared voting power:20,501,387 shares+2 more
5 metrics
Beneficially owned shares20,501,387 sharesClass A common stock beneficially owned by each reporting person
Percent of class owned7.5%Percentage of Forgent Power Solutions Class A common stock
Shared voting power20,501,387 sharesShares over which reporting persons have shared power to vote
Sole voting power0 sharesShares over which reporting persons have sole power to vote
Shared dispositive power20,501,387 sharesShares over which reporting persons have shared power to dispose
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared voting powerfinancial
"Shared Voting Power 20,501,387.00"
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 20,501,387.00"
pecuniary interestfinancial
"disclaims beneficial ownership of the reported securities except to the extent of his, her or its pecuniary interest"
advisory clientsfinancial
"All securities reported in this are owned by advisory clients of Coatue Management, L.L.C."
FAQ
How much of Forgent Power Solutions (FPS) stock does Coatue Management report owning?
Coatue Management and Philippe Laffont report beneficial ownership of 20,501,387 shares of Forgent Power Solutions Class A common stock, representing 7.5% of the class, with shared voting and dispositive power over those shares.
Who are the reporting persons in the Forgent Power Solutions (FPS) Schedule 13G?
The Schedule 13G lists Coatue Management, L.L.C. and Philippe Laffont as reporting persons for holdings of Forgent Power Solutions Class A common stock, with both attributed the same 20,501,387 shares and 7.5% beneficial ownership.
Do Coatue and Philippe Laffont have sole or shared voting power over FPS shares?
They report 0 shares with sole voting power and 20,501,387 shares with shared voting power. They also report 0 shares with sole dispositive power and 20,501,387 shares with shared dispositive power over Forgent Power Solutions Class A stock.
Who actually owns the Forgent Power Solutions (FPS) shares reported by Coatue?
All securities reported are owned by advisory clients of Coatue Management, L.L.C.. The filing states that none of these advisory clients individually owns more than 5% of the outstanding Class A common stock of Forgent Power Solutions.
Does Philippe Laffont admit full beneficial ownership of the reported FPS shares?
The filing states each reporting person disclaims beneficial ownership of the securities except to the extent of their pecuniary interest, and that the report should not be deemed an admission of beneficial ownership for Section 16 or other purposes.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Forgent Power Solutions, Inc.
(Name of Issuer)
Class A common stock, par value $0.00001 per share
(Title of Class of Securities)
34631F102
(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):
34631F102
1
Names of Reporting Persons
Coatue Management, L.L.C.
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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
20,501,387.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
20,501,387.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
20,501,387.00
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)
7.5 %
12
Type of Reporting Person (See Instructions)
IA, OO
SCHEDULE 13G
CUSIP Number(s):
34631F102
1
Names of Reporting Persons
Philippe Laffont
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
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
20,501,387.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
20,501,387.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
20,501,387.00
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)
7.5 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Forgent Power Solutions, Inc.
(b)
Address of issuer's principal executive offices:
11500 Dayton Parkway, Dayton, Minnesota 55369
Item 2.
(a)
Name of person filing:
Coatue Management, L.L.C.
Philippe Laffont
(b)
Address or principal business office or, if none, residence:
Coatue Management, L.L.C.
9 West 57th Street
New York, New York 10019
Philippe Laffont
c/o Coatue Management, L.L.C.
9 West 57th Street
New York, New York 10019
(c)
Citizenship:
Coatue Management, L.L.C. - Delaware
Philippe Laffont - Other - United States of America
(d)
Title of class of securities:
Class A common stock, par value $0.00001 per share
(e)
CUSIP Number(s):
34631F102
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:
Coatue Management, L.L.C. - 20,501,387
Philippe Laffont - 20,501,387
(b)
Percent of class:
Coatue Management, L.L.C. - 7.5%
Philippe Laffont - 7.5%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Coatue Management, L.L.C. - 0
Philippe Laffont - 0
(ii) Shared power to vote or to direct the vote:
Coatue Management, L.L.C. - 20,501,387
Philippe Laffont - 20,501,387
(iii) Sole power to dispose or to direct the disposition of:
Coatue Management, L.L.C. - 0
Philippe Laffont - 0
(iv) Shared power to dispose or to direct the disposition of:
Coatue Management, L.L.C. - 20,501,387
Philippe Laffont - 20,501,387
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.
All securities reported in this Schedule 13G are owned by advisory clients of Coatue Management, L.L.C. None of the advisory clients individually owns more than 5% of the outstanding shares of Class A common stock, par value $0.00001 per share, of the issuer.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
Please see Exhibit B attached hereto.
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.
Coatue Management, L.L.C.
Signature:
/s/ Philippe Laffont
Name/Title:
Philippe Laffont, Authorized Signatory
Date:
08/14/2026
Philippe Laffont
Signature:
/s/ Philippe Laffont
Name/Title:
Philippe Laffont
Date:
08/14/2026
Comments accompanying signature: * Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his, her or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
To the extent that "ownership of 5 percent or less of a class" was indicated in Item 5, such response only applies to the Reporting Person(s) that indicated elsewhere herein that it beneficially owns five percent (5%) or less of the class.
Exhibit Information
Exhibit A - Joint Filing Agreement
Exhibit B - Control Person Identification
