AQR Capital Management, LLC and AQR Capital Management Holdings, LLC report a sizeable ownership position in Pinnacle Financial Partners Inc. As of 12/31/2025, they beneficially owned 5,330,170 shares of common stock, representing 6.87% of the class, with shared voting and dispositive power over all reported shares.
The firms state that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Pinnacle Financial Partners, nor in connection with any transaction intended to have that effect.
Pinnacle Financial Partners, Inc., now a Georgia corporation formerly known as Steel Newco Inc., has filed a Form 15 to terminate the registration of its legacy Pinnacle common stock and related depositary shares under Section 12(g) of the Exchange Act and to suspend its duty to file reports under Sections 13 and 15(d) for those classes.
This follows the completion of a merger in which the former Tennessee-based Pinnacle (“Legacy Pinnacle”) and Synovus Financial Corp. were simultaneously merged into Steel Newco Inc., which then took the Pinnacle Financial Partners, Inc. name. At the merger’s effective time, each Legacy Pinnacle common share was converted into the right to receive one Newco common share, and each Legacy Pinnacle depositary share representing a 1/40th interest in preferred stock was converted into the right to receive an equivalent Newco depositary share. As a result, there are no remaining holders of record of the classes of securities covered by this Form 15.