EQV affiliates hold 3.42M shares of Presidio Production (FTW) in Schedule 13G
Rhea-AI Filing Summary
EQV Resources Partners LLC and EQV Resources Intermediate LLC reported beneficial ownership of 3,422,260 shares of Presidio Production Co. Class A Common Stock, representing 12.4% of the class. The percentage calculation assumes 27,652,068 shares outstanding as of March 24, 2026 per the issuer's prospectus supplement. The filing is a joint Schedule 13G with signatures dated April 7, 2026.
Positive
- None.
Negative
- None.
Insights
Large passive stake disclosed: EQV group holds 3.42M shares (12.4%).
The filing reports a concentrated ownership position: 3,422,260 shares and a reported 12.4% stake based on 27,652,068 shares outstanding in the prospectus supplement dated March 24, 2026. It is presented via a joint Schedule 13G by two Delaware entities.
Implications depend on whether holdings are passive or active; the Schedule 13G form signals a non‑activist reporting posture. Subsequent filings could change the view if the holders amend to a Schedule 13D or transact; timing and transaction details are not provided here.