Schedule 13G/A: 2.53M Shares (3.6%) Reported in Lumentum by PointState

Rhea-AI Filing Summary

Lumentum Holdings Inc. received an amendment to a Schedule 13G showing that SteelMill Master Fund LP, together with related PointState entities and Zachary J. Schreiber, beneficially own 2,532,821 shares of Lumentum common stock, representing 3.6% of the class. The filing reports shared voting and dispositive power over these shares and indicates the holdings are not intended to change or influence control of the issuer. Reporting persons and organizational jurisdictions are listed: SteelMill (Cayman Islands), PointState entities (Delaware), and Mr. Schreiber (U.S.). The filing address for the reporting persons is care of PointState Capital LP in New York.

Insights

Securities Analyst

TL;DR: Passive 13G/A discloses a 3.6% shared stake by PointState/SteelMill, indicating a non-control position requiring disclosure.

The amendment documents that SteelMill Master Fund LP and affiliated PointState entities, along with Zachary J. Schreiber, report beneficial ownership of 2,532,821 shares (3.6%). The filing classifies the position as passive under Schedule 13G/A and notes shared voting and dispositive power rather than sole control. This is a routine disclosure that provides transparency about a modest, sub-5% stake and affirms the investors do not intend to influence control.

Corporate Governance Expert

TL;DR: Ownership structure shows coordinated reporting but signals a non-control, passive holding below 5%.

The Schedule 13G/A groups SteelMill Master Fund LP, PointState Holdings LLC, PointState Capital LP, PointState Capital GP LLC, and Zachary J. Schreiber as reporting persons, each indicating identical aggregate beneficial ownership of 2,532,821 shares (3.6%). Signatures show Mr. Schreiber signing on behalf of the entities. The certification clarifies the holdings were not acquired to change or influence issuer control, consistent with Schedule 13G treatment.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Lumentum Holdings Inc.

(Name of Issuer)

Common Stock, par value of $0.001 per share

(Title of Class of Securities)

55024U109

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 55024U109

1

Names of Reporting Persons

SteelMill Master Fund LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,532,821.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,532,821.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,532,821.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

3.6 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 55024U109

1

Names of Reporting Persons

PointState Holdings LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,532,821.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,532,821.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,532,821.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

3.6 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 55024U109

1

Names of Reporting Persons

PointState Capital LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,532,821.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,532,821.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,532,821.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

3.6 %

12

Type of Reporting Person (See Instructions)

IA, PN

SCHEDULE 13G

CUSIP No. 55024U109

1

Names of Reporting Persons

PointState Capital GP LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,532,821.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,532,821.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,532,821.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

3.6 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 55024U109

1

Names of Reporting Persons

Zachary J. Schreiber

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,532,821.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,532,821.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,532,821.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

3.6 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Lumentum Holdings Inc.
(b)	Address of issuer's principal executive offices: 1001 RIDDER PARK DRIVE, SAN JOSE, California, 95131
Item 2.
(a)	Name of person filing: The name of the issuer is Lumentum Holdings Inc. (the "Company").
(b)	Address or principal business office or, if none, residence: The address of the business office of each of the Reporting Persons is care of PointState Capital LP, 9 West 57th Street, 37th Floor, New York, NY 10019.
(c)	Citizenship: SteelMill is organized under the laws of the Cayman Islands. PointState Holdings, PointState and PointState GP are organized under the laws of the State of Delaware. Mr. Schreiber is a citizen of the United States of America.
(d)	Title of class of securities: Common Stock, par value of $0.001 per share
(e)	CUSIP No.: 55024U109
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: The information in Items 5 through 9 and Item 11 on the cover pages to this Schedule 13G is hereby incorporated by reference.
(b)	Percent of class: 3.6 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: The information in Items 5 through 9 and Item 11 on the cover pages to this Schedule 13G is hereby incorporated by reference.
	(ii) Shared power to vote or to direct the vote: The information in Items 5 through 9 and Item 11 on the cover pages to this Schedule 13G is hereby incorporated by reference.
	(iii) Sole power to dispose or to direct the disposition of: The information in Items 5 through 9 and Item 11 on the cover pages to this Schedule 13G is hereby incorporated by reference.
	(iv) Shared power to dispose or to direct the disposition of: The information in Items 5 through 9 and Item 11 on the cover pages to this Schedule 13G is hereby incorporated by reference.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. The information in Items 2 and 4 is hereby incorporated by reference.
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

SteelMill Master Fund LP

Signature:	/s/ Zachary J. Schreiber
Name/Title:	Managing Member of PointState Holdings LLC, the general partner of SteelMill Master Fund LP
Date:	08/14/2025

PointState Holdings LLC

Signature:	/s/ Zachary J. Schreiber
Name/Title:	Zachary J. Schreiber, Managing Member
Date:	08/14/2025

PointState Capital LP

Signature:	/s/ Zachary J. Schreiber
Name/Title:	Zachary J. Schreiber, Managing Member of PointState Holdings LLC and PointState Capital GP LLC, the general partner of PointState Capital LP
Date:	08/14/2025

PointState Capital GP LLC

Signature:	/s/ Zachary J. Schreiber
Name/Title:	Zachary J. Schreiber, Managing Member
Date:	08/14/2025

Zachary J. Schreiber

Signature:	/s/ Zachary J. Schreiber
Name/Title:	Zachary J. Schreiber
Date:	08/14/2025

FAQ

How many Lumentum (LITE) shares do the reporting persons own?

They report beneficial ownership of 2,532,821 shares, representing 3.6% of Lumentum's common stock.

Who are the reporting persons on this Schedule 13G/A for LITE?

The reporting persons are SteelMill Master Fund LP, PointState Holdings LLC, PointState Capital LP, PointState Capital GP LLC, and Zachary J. Schreiber.

Do the reporting persons claim control over Lumentum?

No. The filing states the securities were not acquired to change or influence control and reports shared, not sole, voting and dispositive power.

What type of filing was submitted for Lumentum?

An amendment to Schedule 13G under the Securities Exchange Act of 1934 was filed.

Where is the reporting persons' business address listed?

The address is care of PointState Capital LP, 9 West 57th Street, 37th Floor, New York, NY 10019.