Millennium Group Files Schedule 13G Showing 4.8% of Murphy USA
Rhea-AI Filing Summary
Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander filed a Schedule 13G reporting shared beneficial ownership of 926,541 shares of Murphy USA Inc. common stock, representing 4.8% of the class (CUSIP 626755102). The filing notes an event on August 25, 2025 that previously brought holdings above 5%, and states that by the date of this filing the reporting persons had ceased to own more than 5%.
The shares are held by entities subject to voting control and investment discretion of Millennium Management LLC and related managers, with no sole voting or dispositive power reported and shared voting and dispositive power of 926,541 shares. The filing includes a Joint Filing Agreement dated August 28, 2025, and signatures from Gil Raviv and Israel A. Englander.
Positive
- Transparent disclosure of aggregate position: 926,541 shares representing 4.8% of the class
- Joint Filing Agreement included, clarifying the relationship among reporting persons
- Certification stating holdings were not acquired to change or influence control
Negative
- Position briefly exceeded 5% on August 25, 2025, which may have required different reporting treatment at that time
- No sole voting or dispositive power reported, indicating limited direct control over the shares
Insights
TL;DR: Disclosure shows a sub-5% passive stake after an August 25 event; holds are material but non-controlling.
The filing reports an aggregate position of 926,541 shares (4.8%) in Murphy USA, held with shared voting and dispositive power. The statement clarifies the holdings are via entities subject to Millennium's voting and investment discretion but records no sole powers. For investors, this represents a notable institutional interest but not a control position; the disclosure also documents that the position exceeded 5% on August 25, 2025, then fell below 5% by filing.
TL;DR: Joint filing and shared control signal coordinated reporting but not an attempted change of control.
The Schedule 13G is filed under passive/investment-adviser classification details and includes a Joint Filing Agreement. Signatures certify no intent to influence control. The combination of shared voting/dispositive power and the explicit certification supports a governance view of passive monitoring rather than activist engagement.