STOCK TITAN

Millennium Group reports 3.07M-share stake in MacroGenics (MGNX)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

MacroGenics, Inc. Schedule 13G discloses that Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander reported shared beneficial ownership of 3,066,926 shares of MacroGenics common stock, representing 4.8% of the class. The reporting persons state they acquired beneficial ownership of more than 5% on 05/08/2026 and ceased to be beneficial owners of more than 5% by the date of this filing. The filing is submitted jointly and includes a Joint Filing Agreement dated 05/13/2026.

Positive

  • None.

Negative

  • None.

Insights

Large asset manager reported a sub-5% stake after briefly exceeding 5%.

The filing shows 3,066,926 shares held with shared voting and dispositive power, reported as 4.8% of the outstanding common stock. The report also states a prior threshold event on 05/08/2026.

Investor impact depends on future disclosures about changes in the position; subsequent filings would show whether this represents active repositioning or portfolio reshuffling.

Joint filing and control language emphasize aggregated reporting, not direct ownership admission.

The schedule clarifies that securities are held by entities subject to voting control or investment discretion by the reporting entities and that those statements "should not be construed" as admissions of beneficial ownership.

Signatories include Gil Raviv and Israel A. Englander and attach a Joint Filing Agreement dated 05/13/2026.

Reported shares 3,066,926 shares shared beneficial ownership reported on the cover pages
Percent of class 4.8% percent of MacroGenics common stock as stated on cover pages
Threshold event date 05/08/2026 date reporting persons acquired beneficial ownership of more than 5%
Joint Filing Agreement date 05/13/2026 date of attached Joint Filing Agreement among reporting persons
Schedule 13G regulatory
"Schedule 13G appears as the form type on the cover"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficial ownership financial
"Language notes "beneficially owned" and references to Item 9 on the cover pages"
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.
Joint Filing Agreement legal
"Exhibit I: Joint Filing Agreement, dated as of May 13, 2026"





556099109

(CUSIP Number)
05/08/2026

(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)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Millennium Management LLC
Signature:/s/ Gil Raviv
Name/Title:Gil Raviv, Global General Counsel
Date:05/13/2026
Millennium Group Management LLC
Signature:/s/ Gil Raviv
Name/Title:Gil Raviv, Global General Counsel
Date:05/13/2026
Israel A. Englander
Signature:/s/ Israel A. Englander
Name/Title:Israel A. Englander
Date:05/13/2026
Exhibit Information

Exhibit I: Joint Filing Agreement, dated as of May 13, 2026, by and among Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander.

FAQ

What stake did Millennium report in MacroGenics (MGNX)?

The filing lists 3,066,926 shares, representing 4.8% of MacroGenics common stock. The figure is reported with shared voting and dispositive power by the reporting persons.

Did Millennium ever exceed the 5% ownership threshold in MGNX?

Yes. The filing states the reporting persons acquired beneficial ownership of more than 5% on 05/08/2026. They report they ceased to be >5% by the filing date.

Who signed the Schedule 13G for MacroGenics?

The schedule is signed by Gil Raviv as Global General Counsel and by Israel A. Englander, with a Joint Filing Agreement dated 05/13/2026 attached.

How is the reported ownership held or controlled?

The securities are held by entities subject to voting control and investment discretion by Millennium Management LLC and other managers; the filing disclaims that this alone is an admission of beneficial ownership.

What class of securities is covered in this filing?

The filing covers Common Stock, par value $0.01 per share of MacroGenics, with CUSIP number 556099109 listed on the cover.