Wellington Group discloses 6.0M Magnite (MGNI) shares held for clients
Rhea-AI Filing Summary
Wellington Management Group LLP, together with Wellington Group Holdings LLP and Wellington Investment Advisors Holdings LLP, reports beneficial ownership of 6,044,492 shares of Magnite, Inc. common stock, representing 4.22% of the class. These shares are held of record by clients of various Wellington investment advisers. The group reports 0 shares with sole voting or dispositive power, 3,568,479 shares with shared voting power, and 6,044,492 shares with shared dispositive power. The filing notes that no single client is known to hold more than five percent of this class.
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Key Figures
Beneficial ownership: 6,044,492 shares
Percent of class: 4.22%
Shared voting power: 3,568,479 shares
+3 more
6 metrics
Beneficial ownership
6,044,492 shares
Magnite common stock beneficially owned by Wellington-related entities
Percent of class
4.22%
Portion of Magnite common stock class reported as beneficially owned
Shared voting power
3,568,479 shares
Shares over which Wellington entities report shared voting authority
Shared dispositive power
6,044,492 shares
Shares over which Wellington entities report shared dispositive authority
Sole voting power
0 shares
Shares over which Wellington entities report sole voting authority
Sole dispositive power
0 shares
Shares over which Wellington entities report sole dispositive authority
Key Terms
beneficially owned, shared voting power, shared dispositive power, parent holding company, +1 more
5 terms
beneficially owned financial
"Amount beneficially owned: See the responses to Item 9 on the attached cover pages."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
parent holding company financial
"The securities as to which this Schedule is filed by Wellington Management Group LLP, as parent holding company"
investment advisers financial
"The securities as to which this Schedule is filed are owned of record by clients of one or more investment advisers"
FAQ
What percentage of Magnite (MGNI) does Wellington currently report owning?
Wellington entities report beneficial ownership of 4.22% of Magnite’s common stock. This stake is held through shares owned of record by clients of various Wellington investment advisers rather than directly by the Wellington entities themselves.
Do any Wellington clients hold more than 5% of Magnite (MGNI) stock?
The filing states that no client of the Wellington investment advisers is known to have the right or power over more than five percent of Magnite’s common stock class referenced in this ownership report.
Which Wellington entities are included in this Magnite (MGNI) ownership report?
The report covers Wellington Management Group LLP, Wellington Group Holdings LLP, and Wellington Investment Advisors Holdings LLP, which collectively control various Wellington investment advisers whose clients own the Magnite shares of record.
AI-generated analysis. How Rhea-AI works. Not financial advice.