Maverick Capital/Ainslie Hold 10.23M IVVD Shares (8.5%)
Rhea-AI Filing Summary
This Schedule 13G/A discloses that Maverick Capital, Ltd., Maverick Capital Management, LLC and Lee S. Ainslie III report beneficial ownership of 10,229,118 shares of Invivyd, Inc., representing 8.5% of the 119,961,445 outstanding shares reported as of May 1, 2025. The filing identifies the shares as held for Maverick clients across five funds: Maverick Fund USA, Ltd. (2,253,369), Maverick Fund II, Ltd. (2,210,410), Maverick Long Enhanced Fund, Ltd. (2,419,202), Maverick HP, L.P. (2,139,246) and Maverick Long Fund, Ltd. (1,206,891).
Each reporting person states shared voting and dispositive power over these shares and no sole voting or dispositive power. The document is filed as a Schedule 13G (Amendment No. 2) and includes a certification that the securities were not acquired to change or influence control of the issuer. The filing lists Maverick's Dallas, TX address and Mr. Ainslie's West Palm Beach, FL address and is signed on 08/14/2025.
Positive
- Beneficial ownership reported: 10,229,118 shares of Invivyd, representing 8.5% of outstanding stock.
- Detailed fund-level disclosure: Shares are itemized across five Maverick funds with specific share counts.
Negative
- None.
Insights
TL;DR: Maverick reports a material passive stake of 8.5% (10.23M shares) in Invivyd; ownership is held across five funds.
The Schedule 13G/A shows a material stake above the 5% reporting threshold: 10,229,118 shares or 8.5% of the 119,961,445 shares outstanding as of May 1, 2025. The filing attributes the shares to specific Maverick funds with share-level breakdowns, and reports only shared voting and dispositive power, not sole control. Because this is a 13G filing (Amendment No. 2) and includes a certification that the holdings were not acquired to influence control, the position should be interpreted as a significant passive economic interest rather than an activist or control-oriented stake.
TL;DR: Reporting structure indicates collective advisory control but no unilateral authority; certification denies takeover intent.
The filing names three reporting persons—Maverick Capital, Maverick Capital Management and Lee S. Ainslie III—and records shared voting and dispositive power of 10,229,118 shares while showing 0 sole voting or dispositive power. The use of Schedule 13G (rather than 13D) and the explicit certification in Item 10 signal that the holders are reporting as passive investors. From a governance perspective, the absence of sole power limits their ability to unilaterally influence board composition or corporate actions based solely on this disclosure.
FAQ
What stake does Maverick report in Invivyd (IVVD)?
Who filed the Schedule 13G/A for IVVD?
Are these shares held with sole or shared voting power?
Is this an activist filing (Schedule 13D) or passive (Schedule 13G)?
On what outstanding-share base is the 8.5% calculated?
When was the filing signed?