Alyeska (FTW) discloses 2.72M-share stake in Presidio (9.8%)
Rhea-AI Filing Summary
Presidio Production Company ownership disclosure: Alyeska Investment Group, L.P. and related filers report beneficial ownership of 2,717,391 shares of Class A Common Stock, representing 9.80%, acquired in a private placement as of March 31, 2026. The filing cites 27,652,068 shares outstanding per the Form 424B3 prospectus dated March 24, 2026. The filing states Alyeska Investment Group, L.P. exercises voting and investment control over shares held by Alyeska Master Fund, L.P., and notes that Anand Parekh may be deemed the beneficial owner but disclaims beneficial ownership.
Positive
- None.
Negative
- None.
Insights
Large passive stake disclosed by an institutional manager.
The filing shows an institutional group holds 2,717,391 shares (9.80%) acquired in a private placement as of March 31, 2026. This stake is sizable relative to the disclosed outstanding share count of 27,652,068.
Material dependencies include the private placement terms and any further amendments; subsequent disclosures would show if this position changes or if additional affiliated accounts are reported.
Filing follows joint beneficial ownership and Rule 13d-1(k) conventions.
The statement identifies joint filers (Alyeska entities and Anand Parekh), allocation of shared voting/dispositive power, and contains the required joint filing language. It also records Mr. Parekh's disclaimer regarding beneficial ownership.
Investors should note the filing attributes control to the investment manager; any change in control or additional schedules would be disclosed in amendments.