DNB Asset Management (PTON) discloses 9.14% Peloton Interactive stake
Rhea-AI Filing Summary
DNB Asset Management reports its beneficial ownership in Peloton Interactive, Inc. Class A common stock. DNB Asset Management states that it beneficially owns 38,115,285 shares of Peloton Class A common stock, representing 9.14% of the class deemed beneficially owned.
The firm reports sole voting power and sole dispositive power over all 38,115,285 shares, with no shared voting or dispositive power. The filing is submitted as Amendment No. 1 to a Schedule 13G.
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Key Figures
Beneficially owned shares: 38,115,285 shares
Percent of class: 9.14%
Sole voting power: 38,115,285 shares
+3 more
6 metrics
Beneficially owned shares
38,115,285 shares
Class A common stock beneficially owned by DNB Asset Management
Percent of class
9.14%
Percentage of Peloton Class A common stock deemed beneficially owned
Sole voting power
38,115,285 shares
Shares over which DNB Asset Management has sole power to vote
Shared voting power
0 shares
Shares over which DNB Asset Management has shared voting power
Sole dispositive power
38,115,285 shares
Shares over which DNB Asset Management has sole power to dispose
Shared dispositive power
0 shares
Shares over which DNB Asset Management has shared power to dispose
Key Terms
beneficially owned, sole voting power, sole dispositive power, Schedule 13G
4 terms
beneficially owned financial
"Percent of class: 9.14% deemed beneficially owned"
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.
sole voting power financial
"Sole power to vote or to direct the vote: 38,115,285"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"Sole power to dispose or to direct the disposition of: 38,115,285"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G regulatory
"The filing is submitted as Amendment No. 1 to a Schedule 13G"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What type of filing did DNB Asset Management submit for Peloton Interactive (PTON)?
DNB Asset Management submitted an Amendment No. 1 to Schedule 13G for Peloton Interactive. This filing updates its reported beneficial ownership of Peloton’s Class A common stock and related voting and dispositive powers.
Where is DNB Asset Management, the Peloton (PTON) reporting holder, organized and located?
DNB Asset Management’s citizenship is Norway, and its principal business office address is Dronning Eufemias Gate 30, 0191 Oslo, Norway, as disclosed in the ownership report on Peloton Interactive’s Class A shares.