Morgan Stanley discloses 8.3% ownership of Oddity Tech (ODD) shares
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
Oddity Tech Ltd received an amended ownership report showing that entities affiliated with Morgan Stanley hold a significant minority stake in its Class A ordinary shares. Morgan Stanley reports beneficial ownership of 3,822,142 shares, representing 8.3% of the class.
Morgan Stanley Investment Management Inc. separately reports beneficial ownership of 3,815,091 Class A shares, also described as 8.3% of the class. The filing states that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Oddity Tech.
Positive
- None.
Negative
- None.
FAQ
What stake in Oddity Tech Ltd (ODD) does Morgan Stanley report?
Morgan Stanley reports beneficial ownership of 3,822,142 Class A shares of Oddity Tech Ltd, representing 8.3% of that share class. This reflects a significant minority position disclosed under Schedule 13G/A rules for large institutional holders.
Is Morgan Stanley seeking control of Oddity Tech Ltd according to this 13G/A?
The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. It also notes they are not held in connection with any transaction intended to influence the issuer’s control.
Why did Morgan Stanley file an amended Schedule 13G/A on Oddity Tech (ODD)?
An amended Schedule 13G/A is required when a large shareholder’s beneficial ownership information changes or must be updated. This amendment reflects Morgan Stanley’s and Morgan Stanley Investment Management Inc.’s current Oddity Tech Class A share holdings and related voting and dispositive powers.