Oaktree entities report major ITG holdings on Form 3
Oaktree-affiliated entities report significant holdings in ITG, Inc. on a Form 3.
Rhea-AI Filing Summary
Oaktree-affiliated entities report significant holdings in ITG, Inc. on a Form 3. The filing shows indirect ownership of 31,880,101 shares of Class B common stock and 26,005,508 shares of Class A common stock. The securities are directly held by entities such as OCM Power VI AIV Holdings (Delaware), L.P. and OCM ITG Aggregator, LLC, with Oaktree Capital entities potentially deemed beneficial owners but disclaiming ownership beyond their pecuniary interest. The LLC Interests correspond to an equal number of Class A shares that may be exchanged for Class A stock or cash under specified conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Oaktree Capital Group Holdings GP, LLC, Oaktree Capital Holdings, LLC, OAKTREE CAPITAL MANAGEMENT LP, OCM ITG Aggregator, LLC, OCM Power VI AIV Holdings (Delaware), L.P.
Role
10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | LLC Interests | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class B common stock | -- | -- | -- |
Holdings After Transaction:
LLC Interests — 31,880,101 contracts (Indirect, See footnotes);
Class A common stock — 26,005,508 shares (Indirect, See footnotes);
Class B common stock — 31,880,101 shares (Indirect, See footnotes)
Footnotes (4)
- F1. The reported securities are directly held by OCM Power VI AIV Holdings (Delaware), L.P.
- F2. Oaktree Capital Holdings, LLC ("OCG") and Oaktree Capital Group Holdings GP, LLC ("OCGH"), in its capacity as the duly appointed manager of OCG, indirectly control each of the direct holders of the reported securities and Oaktree Capital Management, L.P. ("OCM") is the indirect investment manager of each of the direct holders of the securities. Accordingly, OCG, OCGH, and OCM may each be deemed to beneficially own the reported securities, but each of the Reporting Persons disclaims beneficial ownership except to the extent of its pecuniary interest therein.
- F3. The reported securities represent common units of ITG Parent, LLC ("LLC Interests") and an equal number of non-economic voting shares of Class B common stock, each directly held by OCM ITG Aggregator, LLC.
- F4. Each LLC Interest, upon the cancellation of an equal number of shares of Class B common stock, may be exchanged from time to time, for an equal number of shares of Class A common stock (or, at the election of a majority of the Issuer's disinterested directors, a cash payment equal to a volume-weighted average market price of one share of Class A common stock for each LLC Interest).
Key Figures
Class B common stock held: 31,880,101 shares
Class A common stock held: 26,005,508 shares
LLC Interests underlying Class A: 31,880,101 units/shares
+1 more
4 metrics
Class B common stock held
31,880,101 shares
Indirect holdings reported on Form 3
Class A common stock held
26,005,508 shares
Indirect holdings reported on Form 3
LLC Interests underlying Class A
31,880,101 units/shares
LLC Interests exchangeable into Class A stock
LLC Interests exercise price
$0.0000
Exchange price for LLC Interests into Class A stock or cash
Key Terms
Class B common stock, LLC Interests, non-economic voting shares, beneficial ownership, +1 more
5 terms
Class B common stock financial
"The reported securities represent common units of ITG Parent, LLC ("LLC Interests") and an equal number of non-economic voting shares of Class B common stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
LLC Interests financial
"The reported securities represent common units of ITG Parent, LLC ("LLC Interests") and an equal number of non-economic voting shares"
beneficial ownership financial
"may each be deemed to beneficially own the reported securities, but each of the Reporting Persons disclaims beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
volume-weighted average market price financial
"a cash payment equal to a volume-weighted average market price of one share of Class A common stock"
Volume-weighted average market price is the average price at which a security trades over a set period, where each trade’s price is given more influence based on how many shares changed hands. Think of it like calculating the average cost of apples in a market but giving more weight to the prices of the biggest purchases; investors use it to judge whether a trade was made at a typical, bargain, or expensive price and to benchmark trading performance.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the ITG Form 3 filed by Oaktree entities show?
The Form 3 shows Oaktree-affiliated entities as significant indirect owners of ITG securities. It reports large positions in Class A and Class B common stock and related LLC Interests held through specific Oaktree investment vehicles.
What are the LLC Interests referenced in the ITG Form 3?
The LLC Interests are common units of ITG Parent, LLC paired with non-economic voting Class B shares. Each LLC Interest can be exchanged, after canceling a matching Class B share, for one Class A share or a cash amount based on market price.
Who directly holds the ITG securities reported by Oaktree entities?
The securities are directly held by OCM Power VI AIV Holdings (Delaware), L.P. and OCM ITG Aggregator, LLC. Oaktree Capital Holdings, Oaktree Capital Group Holdings GP, and Oaktree Capital Management may be deemed indirect beneficial owners through control and investment management roles.
Do Oaktree entities claim full beneficial ownership of the ITG securities?
The Oaktree entities state they may be deemed to beneficially own the reported ITG securities through control relationships. However, they expressly disclaim beneficial ownership except to the extent of their pecuniary interest in the holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
