Alyeska Discloses 5.51% Stake in Hinge Health (HNGE)
Hinge Health, Inc. Schedule 13G shows Alyeska Investment Group, L.P., Alyeska Fund GP, LLC and Anand Parekh jointly report beneficial ownership of 1,363,061 shares of the issuer's Class A common stock, representing 5.51% of the outstanding class.
Rhea-AI Filing Summary
Hinge Health, Inc. Schedule 13G shows Alyeska Investment Group, L.P., Alyeska Fund GP, LLC and Anand Parekh jointly report beneficial ownership of 1,363,061 shares of the issuer's Class A common stock, representing 5.51% of the outstanding class. The filing states these shares are held with shared voting and dispositive power and that the percentage is calculated using 24,749,541 outstanding shares from the issuer's 8-A12B filed May 19, 2025. The signatories certify the holdings were acquired and are held in the ordinary course of business.
Positive
- Material disclosure: Reporting persons publicly disclose a 5.51% stake (1,363,061 shares), crossing the SEC 5% threshold.
- Joint filing clarity: The Schedule 13G includes a joint filing statement under Rule 13d-1(k), clarifying shared responsibility for amendments.
- Certifies ordinary-course holding: Signatories state the shares are held in the ordinary course of business and not to influence control.
Negative
- None.
Insights
TL;DR Alyeska reports a meaningful 5.51% stake in Hinge Health, a position that is material to holders and market observers.
The filing discloses a joint beneficial ownership of 1,363,061 Class A shares, with shared voting and dispositive power. The stake equals 5.51% based on 24,749,541 shares outstanding per the issuer's May 19, 2025 8-A12B. This level of ownership crosses the 5% reporting threshold, making the position publicly visible and subject to regulatory disclosure requirements. The certification indicates the position is held in the ordinary course of business.
TL;DR A joint Schedule 13G filing signals a passive, disclosed >5% holding with shared voting authority among the reporting parties.
The document is a Rule 13d-1 filing listing Alyeska entities and Anand Parekh as reporting persons, each reporting identical shared voting and dispositive power over the 1,363,061 shares. The joint filing statement under Rule 13d-1(k) confirms collective responsibility for disclosures. The signatories assert the securities were not acquired to influence control, consistent with Schedule 13G use for passive investors.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What percentage of Hinge Health (HNGE) does the filing represent?
Was the position acquired to influence control of Hinge Health (HNGE)?
Who signed the Schedule 13G for Alyeska and Anand Parekh?
AI-generated analysis. How Rhea-AI works. Not financial advice.