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Wellington Discloses 3.35% Position in Fiverr; Passive Client Holdings

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Wellington Management filed a Schedule 13G/A reporting beneficial ownership in Fiverr International Ltd. The filing shows an aggregate of 1,201,787 shares representing approximately 3.35% of the class. All voting power is reported as shared (996,337 shares) and there is no sole voting or sole dispositive power noted. The filing states these shares are owned of record by clients of Wellington’s investment advisers and are held in the ordinary course of business, not for the purpose of changing or influencing control. The statement lists the related Wellington entities that exercise advisory or holding relationships and explains that no client is known to hold more than 5% of the class.

Positive

  • Transparency: The filing clearly discloses aggregate holdings (1,201,787 shares) and the ownership chain among Wellington entities.
  • Passive classification: The statement certifies holdings are in the ordinary course of business and not intended to change control, reducing likelihood of immediate governance actions.

Negative

  • Limited influence: Reported stake (~3.35%) is below 5%, so it provides limited direct influence on corporate control or strategic decisions.
  • Shared control only: No sole voting or dispositive power is reported, indicating diluted decision authority across advisory clients.

Insights

TL;DR: Wellington reports a sub-5% passive client position of 1.2M shares in FVRR, a disclosure-level stake with limited market-moving impact.

The Schedule 13G/A discloses an aggregate beneficial ownership of 1,201,787 shares (≈3.35%) in Fiverr (FVRR), with all rights reported as shared rather than sole. Because the position is under 5% and is held on behalf of advisory clients, it is consistent with passive, fiduciary portfolio holdings rather than an activist or control intent. For investors, this is a transparency disclosure that does not itself change capital structure, voting control, or immediate market expectations. The filing confirms the ownership chain through Wellington entities and that no single client is known to hold >5% of the class.

TL;DR: Shared voting/dispositive power and an explicit certification of ordinary-course holdings indicate no control or activist intent.

The report identifies shared voting power of 996,337 and shared dispositive power of 1,201,787 with no sole voting or dispositive authority. The certification language states the securities are not held to influence control, aligning the filing with passive-investor treatment under Schedule 13G rules. From a governance perspective, the stake size and classification suggest limited ability to effect governance changes absent further accumulation or coordinated action.






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)






SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Wellington Management Group LLP
Signature:Taisia Lowe
Name/Title:Regulatory Analyst
Date:09/08/2025
Wellington Group Holdings LLP
Signature:Taisia Lowe
Name/Title:Regulatory Analyst
Date:09/08/2025
Wellington Investment Advisors Holdings LLP
Signature:Taisia Lowe
Name/Title:Regulatory Analyst
Date:09/08/2025

FAQ

What percentage of Fiverr (FVRR) does Wellington Management report owning?

Wellington reports beneficial ownership of 1,201,787 shares, approximately 3.35% of the class.

Does Wellington have sole voting or dispositive power over the FVRR shares?

No. The filing reports 0 sole voting power and 0 sole dispositive power; voting and dispositive powers are reported as shared.

Are these holdings held with intent to influence control of Fiverr (FVRR)?

The filing includes a certification that the securities are held in the ordinary course of business and not for the purpose of changing or influencing control.

Who actually owns the shares reported by Wellington in FVRR?

The shares are owned of record by clients of Wellington’s investment advisers; Wellington entities act in advisory or holding roles.

Is any client of Wellington known to hold more than 5% of Fiverr shares?

The filing states no such client is known to have rights over more than 5% of the class.

Does this Schedule 13G/A indicate an activist position in FVRR?

No. The sub-5% position and the certification of ordinary-course holdings indicate a passive, non-activist disclosure under Schedule 13G rules.
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