Thrivent Financial for Lutherans (GLOO) discloses 22.4% ownership of Gloo Holdings
Rhea-AI Filing Summary
Thrivent Financial for Lutherans filed an amended Schedule 13G reporting a significant passive ownership stake in Gloo Holdings, Inc. common stock. Thrivent reports beneficial ownership of 4,655,000 shares of Class A Common Stock, representing 22.4% of the class, with sole voting and dispositive power over all reported shares.
The ownership percentage is based on 20,793,009 Class A shares outstanding as of May 29, 2026, as stated in Gloo Holdings’ Form 10‑Q for the quarter ended April 30, 2026.
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Key Figures
Shares beneficially owned: 4,655,000 shares
Percent of class: 22.4%
Shares outstanding: 20,793,009 shares
+4 more
7 metrics
Shares beneficially owned
4,655,000 shares
Class A Common Stock beneficially owned by Thrivent Financial for Lutherans
Percent of class
22.4%
Portion of Gloo Holdings Class A Common Stock owned by Thrivent
Shares outstanding
20,793,009 shares
Class A Common Stock outstanding as of May 29, 2026
Sole voting power
4,655,000 shares
Shares over which Thrivent has sole power to vote or direct the vote
Sole dispositive power
4,655,000 shares
Shares over which Thrivent has sole power to dispose or direct disposition
CUSIP
379598105
CUSIP for Gloo Holdings Class A Common Stock
Certification item
Item 10 Not Applicable
Certification section marked Not Applicable
Key Terms
beneficially owned, sole dispositive power, sole voting power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"Amount beneficially owned: 4,655,000"
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.
sole dispositive power financial
"Sole power to dispose or to direct the disposition of: 4,655,000"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
sole voting power financial
"Sole power to vote or to direct the vote: 4,655,000"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Schedule 13G regulatory
"The percentage calculations used herein are based on the statement"
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.
percent of class financial
"Percent of class: 22.4%"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stake in GLOO does Thrivent Financial for Lutherans report in this Schedule 13G/A?
Thrivent reports beneficial ownership of 4,655,000 shares of Gloo Holdings Class A Common Stock, representing 22.4% of the outstanding class based on 20,793,009 shares outstanding as of May 29, 2026.
How is the 22.4% ownership of GLOO by Thrivent calculated?
The 22.4% figure is based on Thrivent’s 4,655,000 beneficially owned shares divided by 20,793,009 Class A shares outstanding as of May 29, 2026, as reported in Gloo Holdings’ Form 10‑Q.
Who signed the GLOO Schedule 13G/A for Thrivent Financial for Lutherans?
The filing is signed by David S. Royal, identified as Executive Vice President, Chief Financial and Investment Officer of Thrivent Financial for Lutherans, dated August 7, 2026.