Wellington: 4.13% Stake in Disc Medicine (IRON), 1.43M Shares
Wellington Management and affiliated entities report beneficial ownership of 1,432,090 shares of Disc Medicine, Inc. common stock, representing 4.13% of the class.
Rhea-AI Filing Summary
Wellington Management and affiliated entities report beneficial ownership of 1,432,090 shares of Disc Medicine, Inc. common stock, representing 4.13% of the class. The filing shows shared voting power over 1,074,282 shares and shared dispositive power over 1,432,090 shares; sole voting and dispositive powers are reported as 0. The securities are owned of record by clients of the listed Wellington investment advisers and are held in the ordinary course of business. The filing identifies Wellington Management Group LLP, Wellington Group Holdings LLP and Wellington Investment Advisors Holdings LLP as reporting entities and lists the relevant Wellington investment adviser subsidiaries that manage the client accounts holding these shares.
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Insights
TL;DR Institutional holder reports 1.432M shares (4.13%) with shared voting power; position disclosed as not intended to influence control.
The Schedule 13G/A shows Wellington-affiliated entities beneficially own 1,432,090 shares of Disc Medicine (IRON), equal to 4.13% of the class. Reported power is shared (voting: 1,074,282; dispositive: 1,432,090), with no sole voting or dispositive power. Ownership is recorded as held for clients of Wellington investment advisers and certified to be in the ordinary course of business, which is consistent with a passive institutional stake under Schedule 13G reporting standards. Given the sub-5% stake, this filing is typically viewed as informational rather than control-seeking.
TL;DR Reported stake is below 5% and certified not to be for control; voting and dispositive powers are shared across Wellington entities.
The filing identifies multiple Wellington entities as reporting persons and discloses the chain of ownership among parent and subsidiary firms and investment advisers that hold the securities for clients. The certification explicitly states the shares were not acquired to change or influence the issuer's control. The combination of shared voting power and client-owned record shares suggests centralized portfolio management rather than a direct governance initiative by the reporting persons.
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