KLX Energy (KLXE) stake of 691,727 shares reported by CastleKnight group
Rhea-AI Filing Summary
KLX Energy Services Holdings, Inc. has a group of affiliated investment entities led by CastleKnight Master Fund LP reporting beneficial ownership of 691,727 shares of its common stock. This stake represents 3.5% of the outstanding common stock as of the reporting date.
The shares are held with no sole voting or dispositive power by any reporting person; instead, each reports shared power over all 691,727 shares for both voting and disposition. The filing is a Schedule 13G/A (Amendment No. 2), indicating continued passive ownership below 5% by CastleKnight entities and Aaron Weitman, each of whom disclaims beneficial ownership beyond pecuniary interest.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 691,727 shares
Percent of KLXE common stock: 3.5%
Sole voting power: 0 shares
+3 more
6 metrics
Shares beneficially owned
691,727 shares
Beneficially owned by each reporting person as disclosed in Item 4(a)
Percent of KLXE common stock
3.5%
Reported ownership percentage for each CastleKnight entity and Aaron Weitman
Sole voting power
0 shares
Each reporting person reports no sole power to vote KLXE shares
Shared voting power
691,727 shares
Each reporting person reports shared power to vote all beneficially owned shares
Sole dispositive power
0 shares
No reporting person has sole power to dispose of KLXE shares
Shared dispositive power
691,727 shares
Each reporting person has shared power to dispose of all reported shares
Key Terms
beneficial ownership, shared voting power, dispositive power, parent holding company, +1 more
5 terms
beneficial ownership financial
"Comments accompanying signature: * Each Reporting Person disclaims beneficial ownership of the reported securities"
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.
dispositive power financial
"8 | Shared Dispositive Power 691,727.00 9 691,727.00 10 11 3.5 % 12"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
parent holding company financial
"If a parent holding company has filed this schedule, pursuant to (ii)(G), so indicate under Item 3(g)"
pecuniary interest financial
"disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein"
FAQ
What percentage of KLXE common stock do the CastleKnight and Weitman filers own?
Each reporting person, including CastleKnight entities and Aaron Weitman, reports owning 3.5% of KLXE common stock. This percentage is based on 691,727 shares beneficially owned as disclosed in the Schedule 13G/A filing.
Why is the CastleKnight KLXE position reported on Schedule 13G/A instead of 13D?
The position is reported on Schedule 13G/A (Amendment No. 2), which is used for certain passive or institutional holders. The filers disclose 3.5% ownership, below 5%, and characterize their interest through beneficial ownership and shared powers.
Who are the reporting persons in the KLXE Schedule 13G/A filing?
The reporting persons are CastleKnight Master Fund LP, CastleKnight Fund GP LLC, CastleKnight Management LP, CastleKnight Management GP LLC, Weitman Capital LLC, and Aaron Weitman. Each reports beneficial ownership of the same 691,727 KLXE shares with shared powers.
What disclaimer do the CastleKnight and Weitman filers make about their KLXE holdings?
Each reporting person disclaims beneficial ownership of the KLXE securities except to the extent of pecuniary interest. They also state that the report shall not be deemed an admission of beneficial ownership for Section 16 or other purposes.
AI-generated analysis. How Rhea-AI works. Not financial advice.